New River Community Action INC EIN 54-0793072 Form 990 (PDF) Claim this org

New River Community Action INC FY2021 filing

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Empowers low-income individuals and communities in Virginia to achieve well-being and self-reliance. For fiscal year 2021 it reported $7.9M in revenue, $7.6M in expenses, and $1.8M in net assets.Pt I

Founded
1965
Type
Public charity (501(c)(3)) · Nonprofit
Location
Radford, VA
Website
www.newrivercommunityaction.org
Filings
5 on file (2020–2021)
Revenue
$7.9MFY2021
Expenses
$7.6M
Net assets
$1.8M
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  54-0793072 Public charity (501(c)(3)) Radford, VA Founded 1965
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/15/26 · see original: IRS
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Size
$1–10M
What they do
Empowers low-income individuals and communities in Virginia to achieve well-being and self-reliance.
Leadership
Linda Baylor · Member
Money in and out
$7.9M revenue, $7.6M expenses
Bottom line
86% program efficiency
Where the money goes · FY2021
Total revenue
$7.9M
Pt VIII · Ln 12
Total expenses
$7.6M
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $309K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$7.9M
FY2021▲ +28%
Expenses
$7.6M
FY2021▲ +28%
Total assets
$2.7M
FY2021▲ +12%
Total liabilities
$896K
FY2021▼ -3%
Total revenue
$7.9M
Pt VIII · Ln 12
Total expenses
$7.6M
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$309K
Total assetsPt X · Ln 16$2.7M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNew River Community Action INC
EINHdr · item D54-0793072
Principal addressHdr · item CRadford, VA
Year of formationHdr · item L1965
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFAug 1966

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023
Krystal Thompson$68,481$104,610
Michelle Cox$96,628$85,187$75,506
Jennifer Smith$81,337

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $5.1M of program spending, described in the organization's own filed words · FY2020.
01

Head start program-comprehensive development services are provided to eligible pre-school children and their families. Family-focused services emphasize education, parent involvement, social services and health. Classroom-base and home base options provide each child with a solid foundation for learning.

$2.8Mprogram expense
02

Homeless Programs

Provides time limited financial assistance to eligible people in the new river valley who are homeless or in imminent danger of becoming homeless. Provides counseling in four areas: rental, homeless, foreclosure prevention, and post purchase. Counseling is available to all community members.

$1.5Mprogram expense
03

Chip Program (children's Health Improvement Partnership)

A collaboration between new river community action and local public and private health, dental and human services organizations help eligible children, ages birth to six and pregnant women in the new river valley, with access to "medical home" (family doctor and dentist) and provides case management services and parent education.

$804Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$7.9M
Program service revenue$37K
Investment income$2K
— government grantsLn 1e$7.4M
Total revenueLn 12$7.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$6.5M
Management & general14%$1.1M
Total functional expensesLn 25$7.6M

Balance Sheet

Part X · end of year
CashLn 1$601K
Total assetsLn 16$2.7M
Total liabilitiesLn 26$896K
Total net assetsLn 32$1.8M
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $601K · Operating expenses/yr $7.6M
0.9 months
Where the money goes
Program services
Program services $6.5M · Total expenses $7.6M
86%
Management & General
Management & general $1.1M · Total expenses $7.6M
14%
Fundraising
Fundraising $0 · Total expenses $7.6M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $250 · Solicited contributions (2-yr avg) $427K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $7.9M · Total revenue $7.9M
100%
Government reliance
Government grants $7.4M · Total revenue $7.9M
94%
Earned-income share
Program service revenue $37K · Total revenue $7.9M
0.5%
Investment reliance
Investment income $2K · Total revenue $7.9M
+0.02%
Program self-sufficiency
Program service revenue $37K · Total expenses $7.6M
0.5%
Growth & trend
Revenue growth (YoY)
This year $7.9M · Prior year $6.2M
+28%
Net-asset trend (YoY)
End of year $1.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.9M · Expenses $7.6M
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $2.7M
Net-asset ratio
Net assets $1.8M · Total assets $2.7M
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Linda Baylor · Reported title MEMBER · Highest reported compensation $0 · Total expenses $7.6M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4.6M · Total expenses $7.6M
60%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Fundraising cost ratio 0%
Revenue growth 28%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 12 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$8.4M revenue · ⤓ 990 PDF
FY2023$8.1M revenue · ⤓ 990 PDF
FY2022$7.1M revenue · ⤓ 990 PDF
FY2021$7.9M revenue · viewing · ⤓ 990 PDF
FY2020$6.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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