New River Community Action INC FY2022 filing

Tax-deductible

Radford, VA501(c)(3)Since 1965EIN 54-0793072Revenue $7.1M in FY2022

On file with the IRSnewrivercommunityaction.org206 3rd Ave, 24141-4706 · Radford, VATax-exempt since Aug 1966Publicly supported charity — 170(b)(1)(A)(vi)

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Nrca's mission is to promote and support the well-being and self-reliance of individuals, families, and communities. Established in 1965, the agency works in the New River valley of virginia to empower local communities to recognize and alleviate their own poverty conditions. Nrca serves approximately 12,000 low-income individuals per year through a variety of innovative programs.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $201K a year · 3% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $798K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$959K
35% of total assets
Looks good: liabilities are 35% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.1M
-11% vs prior year
Spent
$7.1M
To programs
84%
Net assets
$1.8M
By yearFY2020–FY2025
Revenue
$7.1M
FY2022▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.2M
FY2021$7.9M
FY2022$7.1M
FY2023$8.1M
FY2024$8.4M
FY2025$8.9M
Expenses
$7.1M
FY2022▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.9M
FY2021$7.6M
FY2022$7.1M
FY2023$7.8M
FY2024$8.1M
FY2025$8.9M
Net assets
$1.8M
FY2022>-0.01%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.8M
FY2022$1.8M
FY2023$2.2M
FY2024$2.5M
FY2025$2.5M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $5.9M Management & general 16% · $1.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Ex-Officio
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023
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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers low-income individuals and communities in Virginia to achieve well-being and self-reliance.

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Provided by the organization

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3 programs · $4.7M · in their own filed words · FY2021
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.

$3.1Mprogram 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.

$824Kprogram 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.

$769Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

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

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$7.1M
Ln 12
Gifts and grantsLn 1h$7.0M
Fees for servicesLn 2g$59K
Investment incomeLn 3$2K
Money outPt IX
$7.1M
Ln 25
Programscol B$5.9M
Managementcol C$1.1M
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$387K
Total assetsLn 16$2.8M
LiabilitiesLn 26$959K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.0M
Government grantsLn 1e$6.6M
Fees for servicesLn 2g$59K
Investment incomeLn 3$2K
Total revenueLn 12$7.1M
Assets in detailPt X, end of year
CashLn 1$387K
Cash and savings togetherLn 1–2$387K
Land, buildings, equipmentLn 10c$994K
Total assetsLn 16$2.8M
LiabilitiesLn 26$959K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 5141
VolunteersI 6594
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$601K$387K
Land, buildings, equipmentLn 10c$914K$994K
Total assetsLn 16$2.7M$2.8M
LiabilitiesLn 26$896K$959K
Net assetsLn 32$1.8M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$4.1M$3.4M$692K
Pension plan contributionsLn 8$90K$76K$15K
Other employee benefitsLn 9$352K$296K$57K
Payroll taxesLn 10$313K$259K$54K
OccupancyLn 16$366K$316K$50K
TravelLn 17$89K$77K$12K
InterestLn 20$11K$8K$3K
Depreciation, depletion and amortizationLn 22$66K$47K$20K
Other expenses (24a–d)Ln 24$1.6M$1.4M$199K
All other expensesLn 24e$107K$72K$35K
Total functional expensesLn 25$7.1M$5.9M$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.9M$8.9M−$30K$2.5M 990 PDF
FY2024 $8.4M$8.1M$303K$2.5M 990 PDF
FY2023 $8.1M$7.8M$367K$2.2M 990 PDF
FY2022 Viewing $7.1M$7.1M−$168$1.8M 990 PDF
FY2021 $7.9M$7.6M$309K$1.8M 990 PDF
FY2020 $6.2M$5.9M$258K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $7,058,582 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,879,510$6,998,008
I-9 Program service revenuePrior year $36,683$58,848
I-10 Investment incomePrior year $1,970$1,726
I-11 Other revenue$0
I-12 Total revenuePrior year $7,918,163$7,058,582
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $4,601,893$4,816,522
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,007,418$2,242,228
I-18 Total expensesPrior year $7,609,311$7,058,750
I-19 Revenue less expensesPrior year $308,852−$168
Part VI · Governance 18 of 18 board members independent, no flags
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,058,582 across 6 lines filed
VIII-1e Government grants$6,625,852
VIII-1f All other contributions, gifts and grants$372,156
VIII-1h Total contributions, gifts and grants$6,998,008
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $58,848$58,848
VIII-3 Investment incomeExcluded from tax $1,726$1,726
VIII-12 Total revenueRelated to mission $58,848 · Excluded from tax $1,726$7,058,582
Part IX · Statement of functional expenses $7,058,750 across 10 lines filed
IX-7 Other salaries and wagesPrograms $3,368,707 · Management $691,550$4,060,257
IX-8 Pension plan contributionsPrograms $75,896 · Management $14,598$90,494
IX-9 Other employee benefitsPrograms $295,797 · Management $56,679$352,476
IX-10 Payroll taxesPrograms $259,482 · Management $53,813$313,295
IX-16 OccupancyPrograms $316,397 · Management $49,711$366,108
IX-17 TravelPrograms $76,583 · Management $12,405$88,988
IX-20 InterestPrograms $8,487 · Management $2,891$11,378
IX-22 Depreciation, depletion and amortizationPrograms $46,528 · Management $19,878$66,406
IX-24 Other expenses (24a–d)Programs $1,403,295 · Management $198,915$1,602,210
IX-24e All other expensesPrograms $72,213 · Management $34,925$107,138
IX-25 Total functional expensesPrograms $5,923,385 · Management $1,135,365 · Fundraising $0$7,058,750
Part X · Balance sheet $2,771,237 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $601,070$387,140
X-4 Accounts receivableStart of year $1,167,995$1,388,773
X-9 Prepaid expenses and deferred chargesStart of year $26,130$1,136
X-10c Land, buildings and equipment, netStart of year $913,533$994,188
X-16 Total assetsStart of year $2,708,728$2,771,237
X-17 Accounts payable and accrued expensesStart of year $303,394$345,516
X-19 Deferred revenueStart of year $286,824$324,368
X-26 Total liabilitiesStart of year $896,452$959,129
X-27 Net assets without donor restrictionsStart of year $1,449,247$1,527,812
X-28 Net assets with donor restrictionsStart of year $363,029$284,296
X-32 Total net assets or fund balancesStart of year $1,812,276$1,812,108
X-33 Total liabilities and net assetsStart of year $2,708,728$2,771,237
Part XI · Reconciliation of net assets $1,812,108 net assets at year end
XI-1 Total revenue$7,058,582
XI-2 Total expenses$7,058,750
XI-3 Revenue less expenses−$168
XI-4 Net assets at start of year$1,812,276
XI-10 Net assets at end of year$1,812,108

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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