Civic Intelligence

Rockingham County Education Foundation

990EZ • Fiscal year 2023 • EIN 26-3081973

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2023

124 South Scales StReidsville, NC 27320

(336) 430-2617

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Net Margin

61st percentile

17%

Higher net margin than 61% of similar nonprofits.

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$40,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 22.1% of source-year revenue.

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Asset Growth

66th percentile

13%

Faster asset growth than 66% of similar nonprofits.

2023 filings • NTEE B90 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

22nd percentile

-29%

Faster revenue growth than 22% of similar nonprofits.

2023 filings • NTEE B90 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$238,446

Up $28,012 (+13%) from 2022

Net Assets

Up

$237,739

Up $30,559 (+15%) from 2022

Liabilities

Down

$707

Down $2,547 (-78%) from 2022

Revenue

Down

$181,190

Down $72,329 (-29%) from 2022

Expenses

Down

$150,631

Down $52,663 (-26%) from 2022

Net Income

Down

$30,559

Down $19,666 (-39%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2014: $211,639Liabilities 2014: $2,120Net Assets 2014: $209,5192014Assets 2016: $228,676Liabilities 2016: $3,036Net Assets 2016: $225,6402016Assets 2018: $357,238Liabilities 2018: $8,854Net Assets 2018: $348,3842018Assets 2019: $248,660Liabilities 2019: $8,376Net Assets 2019: $240,2842019Assets 2020: $121,839Liabilities 2020: $6,330Net Assets 2020: $115,5092020Assets 2021: $158,265Liabilities 2021: $1,310Net Assets 2021: $156,9552021Assets 2022: $210,434Liabilities 2022: $3,254Net Assets 2022: $207,1802022Assets 2023: $238,446Liabilities 2023: $707Net Assets 2023: $237,7392023Assets 2024: $145,620Liabilities 2024: $1,777Net Assets 2024: $143,8432024Assets 2025: $68,743Net Assets 2025: $68,7432025

Highlighted filing

2023

Assets$238,446
Liabilities$707
Net Assets$237,739

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2014: $55,372Expenses 2014: $97,215Net Income 2014: -$41,8432014Revenue 2016: $96,884Expenses 2016: $135,646Net Income 2016: -$38,7622016Revenue 2018: $364,315Expenses 2018: $190,025Net Income 2018: $174,2902018Revenue 2019: $152,496Expenses 2019: $260,596Net Income 2019: -$108,1002019Revenue 2020: $31,119Expenses 2020: $155,894Net Income 2020: -$124,7752020Revenue 2021: $169,214Expenses 2021: $127,772Net Income 2021: $41,4422021Revenue 2022: $253,519Expenses 2022: $203,294Net Income 2022: $50,2252022Revenue 2023: $181,190Expenses 2023: $150,631Net Income 2023: $30,5592023Revenue 2024: $145,153Expenses 2024: $239,051Net Income 2024: -$93,8982024Revenue 2025: $102,754Expenses 2025: $108,311Net Income 2025: -$5,5572025

Highlighted filing

2023

Revenue$181,190
Expenses$150,631
Net Income$30,559
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2023
Return Version
2022v5.0
Gross Receipts
$181,190
Mission and Program Overview

Mission

The mission of rcef is to provide leadership, advocacy and program resources to increase the education levels of rockingham county citizens. By doing so, we will make our community an attractive place to live, work and do business.

The mission of rockingham county education foundation is to provide leadership, advocacy and program resources to increase the educational levels of rockingham county citizens. By doing so they will make the community an attractive place to live, work and do business.

Program Services

DescriptionGrantsExpenses
SOAR PROGRAM IS IMPLEMENTED IN SCHOOLS FOR DIFFERENT PURPOSES. 1) PROVIDE STUDENTS WITH AN OPPORTUNITY TO CONTINUE A QUALITY EDUCATIONAL EXPERIEINCEAFTER BEING REFERED FROM THEIR BASE SCHOOL. 2) FOCUSES ON IMPROVING EMOTIONAL AND SOCIAL BEHAVIOR 3) SPECIALLY DESIGNED FOR STUDENTS WITH ASPERGR'S SYNDROME, ANXIETY DISORDERS AND RELATED DIAGNOSES TO ASSIST THEM IN THEIR TRANSITION TO COLLEGE OR THE WORKING WORLD. 4) SUPPORTS STUDENTS IN BECOMING CONFIDENT CONTRIBUTING MEMBERS OF SOCIETY 5) DESIGNED FOR STUDENTS IN GRADES SIX THROUGH 8 WHO ARE OVER MIDDLE SCHOOL AGE DUE TO RETENTION, TRUANCY OR OTHER CAUSES.-$63,328
OTHER EDUCATION RELATED ACTIVITIES-$56,057
TRAILS K-12 PROVIDES ACCESS TO NATURAL LEARNING SPACES THROUGH CONSTRUCTION OF TRAILS AND LEARNING PARKS ON SCHOOL CAMPUSES FOR ACADEMICS, ATHLETICS AND STUDENT HEALTH. THE PROGRAM ALSO PROVIDES FIELD TRIPS TO LOCAL TRAILS AND RIVERS.-$2,724
THE COLLEGE ADVISING PROGRAM PROGRAM'S FOCUS IS TO INCREASE SUCCESSFUL COLLEGE APPLICATION AND ATTENDANCE RATES AMONG STUDENTS. SUPPORT AND ASSISTANCE IS PROVIDED IN ALL FACETS OF THE COLLEGE ADMISSION PROCESS, FROM CAMPUS VISITS,SAT'S AND SCHOLARSHIP AND FINANCIAL AID APPLICATIONS.-$1,893
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNY EDWARDSExecutive DiPT$40,000-$40,000
JENNIFER BRADLEYChair-$0--
WILLIAM GREGGChair Elect-$0--
WANDA HARRISVice Chair-$0--
APRIL COXSecretary-$0--
ORLANDO POTEATDirector-$0--
BROOKE BEESONDirector-$0--
DIRECTORDirector-$0--
FRANKLIN MOOREDirector-$0--
TREVOR FLANERYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Rockingham Co Education Foundation
EIN
26-3081973
Phone
3364302617
Address
124 SOUTH SCALES ST, REIDSVILLE, NC 27320

Signing Officer

Name
Jenny Edwards
Title
Executive Director
Phone
3364302617
Signed
2023-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Accounting Management Solutions LLC
Address
201 POMONA DR SUITE H, GREENSBORO, NC 27407
Preparer
Travis Idol
Phone
3369077133
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,199 it services 984 travel 1,357 conferences/meetings 464 interest 535 insurance 1,142 soar expenses 63,328 trails expense 2,724 college advisors 1,893 bears for schools 49 pick program 4,510 rock aid 300 dues 1,042 operations 47 bank fees 569 misc expenses 1,810 supplies 371 phone 497 total 82,821

Form 990-ez, Part II, Line 24

Pledges receivable 70,000 69,028 accounts receivable 2,078 0 total 72,078 69,028

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,254 707

Form 990-ez, Part III

The mission of rockingham county education foundation is to provide leadership, advocacy and program resources to increase the educational levels of rockingham county citizens. By doing so they will make the community an attractive place to live, work and do business.

Form 990-ez, Part III, Line 28

Soar program is implemented in schools for different purposes. 1) provide students with an opportunity to continue a quality educational experieinceafter being refered from their base school. 2) focuses on improving emotional and social behavior 3) specially designed for students with aspergr's syndrome, anxiety disorders and related diagnoses to assist them in their transition to college or the working world. 4) supports students in becoming confident contributing members of society 5) designed for students in grades six through 8 who are over middle school age due to retention, truancy or other causes.

Form 990-ez, Part III, Line 29

Trails k-12 provides access to natural learning spaces through construction of trails and learning parks on school campuses for academics, athletics and student health. The program also provides field trips to local trails and rivers.

Form 990-ez, Part III, Line 30

The college advising program program's focus is to increase successful college application and attendance rates among students. Support and assistance is provided in all facets of the college admission process, from campus visits,sat's and scholarship and financial aid applications.

Form 990-ez, Part III, Line 31

Other education related activities

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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF ROCKINGHAM COUNTY EDUCATION FOUNDATION IS TO PROVIDE LEADERSHIP, ADVOCACY AND PROGRAM RESOURCES TO INCREASE THE EDUCATIONAL LEVELS OF ROCKINGHAM COUNTY CITIZENS. BY DOING SO THEY WILL MAKE THE COMMUNITY AN ATTRACTIVE PLACE TO LIVE, WORK AND DO BUSINESS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,199 IT SERVICES 984 TRAVEL 1,357 CONFERENCES/MEETINGS 464 INTEREST 535 INSURANCE 1,142 SOAR EXPENSES 63,328 TRAILS EXPENSE 2,724 COLLEGE ADVISORS 1,893 BEARS FOR SCHOOLS 49 PICK PROGRAM 4,510 ROCK AID 300 DUES 1,042 OPERATIONS 47 BANK FEES 569 MISC EXPENSES 1,810 SUPPLIES 371 PHONE 497 TOTAL 82,821
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PLEDGES RECEIVABLE 70,000 69,028 ACCOUNTS RECEIVABLE 2,078 0 TOTAL 72,078 69,028
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,254 707
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF ROCKINGHAM COUNTY EDUCATION FOUNDATION IS TO PROVIDE LEADERSHIP, ADVOCACY AND PROGRAM RESOURCES TO INCREASE THE EDUCATIONAL LEVELS OF ROCKINGHAM COUNTY CITIZENS. BY DOING SO THEY WILL MAKE THE COMMUNITY AN ATTRACTIVE PLACE TO LIVE, WORK AND DO BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SOAR PROGRAM IS IMPLEMENTED IN SCHOOLS FOR DIFFERENT PURPOSES. 1) PROVIDE STUDENTS WITH AN OPPORTUNITY TO CONTINUE A QUALITY EDUCATIONAL EXPERIEINCEAFTER BEING REFERED FROM THEIR BASE SCHOOL. 2) FOCUSES ON IMPROVING EMOTIONAL AND SOCIAL BEHAVIOR 3) SPECIALLY DESIGNED FOR STUDENTS WITH ASPERGR'S SYNDROME, ANXIETY DISORDERS AND RELATED DIAGNOSES TO ASSIST THEM IN THEIR TRANSITION TO COLLEGE OR THE WORKING WORLD. 4) SUPPORTS STUDENTS IN BECOMING CONFIDENT CONTRIBUTING MEMBERS OF SOCIETY 5) DESIGNED FOR STUDENTS IN GRADES SIX THROUGH 8 WHO ARE OVER MIDDLE SCHOOL AGE DUE TO RETENTION, TRUANCY OR OTHER CAUSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRAILS K-12 PROVIDES ACCESS TO NATURAL LEARNING SPACES THROUGH CONSTRUCTION OF TRAILS AND LEARNING PARKS ON SCHOOL CAMPUSES FOR ACADEMICS, ATHLETICS AND STUDENT HEALTH. THE PROGRAM ALSO PROVIDES FIELD TRIPS TO LOCAL TRAILS AND RIVERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COLLEGE ADVISING PROGRAM PROGRAM'S FOCUS IS TO INCREASE SUCCESSFUL COLLEGE APPLICATION AND ATTENDANCE RATES AMONG STUDENTS. SUPPORT AND ASSISTANCE IS PROVIDED IN ALL FACETS OF THE COLLEGE ADMISSION PROCESS, FROM CAMPUS VISITS,SAT'S AND SCHOLARSHIP AND FINANCIAL AID APPLICATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER EDUCATION RELATED ACTIVITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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