New River Community Action INC FY2024 filing

Tax-deductible

Radford, VA501(c)(3)Since 1965EIN 54-0793072Revenue $8.4M in FY2024

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.
86¢ of each $1 spent went to programs.
$154K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$154K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
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
$1.9M
44% of total assets
Looks good: liabilities are 44% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.4M
+3% vs prior year
Spent
$8.1M
To programs
86%
Net assets
$2.5M
By yearFY2020–FY2025
Revenue
$8.4M
FY2024▲ +3%
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
$8.1M
FY2024▲ +4%
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
$2.5M
FY2024▲ +14%
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 FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

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

86 cents of each dollar spent went to programs.

Program services 86% · $6.9M Management & general 14% · $1.2M

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

23 people listed on the 990; $154K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
CFO/Finance Director
$85,187Pt VII · Sec A
CEO/Ed (thru 07/23)
$68,481Pt VII · Sec A
$0Pt VII · Sec A
Member (08/23)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Member (05/24)
$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 · $6.1M · in their own filed words · FY2023
01

Head start program comprehensive development services are provided to eligible preschool 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.

$3.3Mprogram expense
02

Head start provides comprehensive developmental services to eligible preschool children and their families. Family focused services emphasize education, nutrition, parent engagement, social services and preventive health care.

$1.9Mprogram 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…

$894Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$8.4M
Ln 12
Gifts and grantsLn 1h$8.1M
Fees for servicesLn 2g$175K
Investment incomeLn 3$84K
Money outPt IX
$8.1M
Ln 25
Programscol B$6.9M
Managementcol C$1.2M
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$976K
Total assetsLn 16$4.4M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
23
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.1M
Government grantsLn 1e$7.2M
Noncash giftsLn 1g$186K
Fees for servicesLn 2g$175K
Investment incomeLn 3$84K
Other incomeLn 4–11$14K
Gains on assetsLn 7$72K
Total revenueLn 12$8.4M
Assets in detailPt X, end of year
CashLn 1$884K
SavingsLn 2$92K
Cash and savings togetherLn 1–2$976K
InvestmentsLn 11–13$96K
Land, buildings, equipmentLn 10c$1.2M
Other assetsLn 15$1.1M
Total assetsLn 16$4.4M
LiabilitiesLn 26$1.9M
Net assetsLn 32$2.5M
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 FY24End FY24
Cash and savingsLn 1–2$381K$976K
InvestmentsLn 11–13$87K$96K
Land, buildings, equipmentLn 10c$1.2M$1.2M
Total assetsLn 16$3.3M$4.4M
LiabilitiesLn 26$1.2M$1.9M
Net assetsLn 32$2.2M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$149K$126K$23K
Other salaries and wagesLn 7$4.5M$3.8M$693K
Pension plan contributionsLn 8$104K$88K$16K
Other employee benefitsLn 9$335K$284K$52K
Payroll taxesLn 10$395K$334K$61K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$46K$46K
Lobbying feesLn 11d$5K$5K
Other fees for servicesLn 11g$164K$142K$22K
Advertising and promotionLn 12$13K$13K
Office expensesLn 13$130K$112K$17K
Information technologyLn 14$73K$73K
OccupancyLn 16$445K$383K$61K
TravelLn 17$171K$148K$24K
InterestLn 20$8K$8K
Depreciation, depletion and amortizationLn 22$91K$83K$8K
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$1.4M$1.2M$112K
All other expensesLn 24e$54K$48K$6K
Total functional expensesLn 25$8.1M$6.9M$1.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.9M$8.9M−$30K$2.5M 990 PDF
FY2024 Viewing $8.4M$8.1M$303K$2.5M 990 PDF
FY2023 $8.1M$7.8M$367K$2.2M 990 PDF
FY2022 $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 FY2024 990 (6 parts)
Part I · Summary $8,374,788 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,025,587$8,102,251
I-9 Program service revenuePrior year $66,652$174,955
I-10 Investment incomePrior year $7,644$83,608
I-11 Other revenuePrior year $19,847$13,974
I-12 Total revenuePrior year $8,119,730$8,374,788
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,184,929$5,491,750
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,567,481$2,579,768
I-18 Total expensesPrior year $7,752,410$8,071,518
I-19 Revenue less expensesPrior year $367,320$303,270
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
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 $8,374,788 across 10 lines filed
Lines not itemized here account for $2,174 of total revenue; see the IRS return.
VIII-1a Federated campaigns$56,745
VIII-1e Government grants$7,223,687
VIII-1f All other contributions, gifts and grants$821,819
VIII-1g Noncash contributions (included above)$186,432
VIII-1h Total contributions, gifts and grants$8,102,251
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $174,955$174,955
VIII-3 Investment incomeExcluded from tax $11,364$11,364
VIII-6 Net rental income or lossExcluded from tax $11,800$11,800
VIII-7 Net gain or loss on sales of assetsExcluded from tax $72,244$72,244
VIII-12 Total revenueRelated to mission $174,955 · Unrelated business $0 · Excluded from tax $97,582$8,374,788
Part IX · Statement of functional expenses $8,071,518 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $125,961 · Management $22,881$148,842
IX-7 Other salaries and wagesPrograms $3,816,138 · Management $693,220$4,509,358
IX-8 Pension plan contributionsPrograms $87,599 · Management $15,913$103,512
IX-9 Other employee benefitsPrograms $283,534 · Management $51,505$335,039
IX-10 Payroll taxesPrograms $334,276 · Management $60,723$394,999
IX-11b Legal feesManagement $5,261$5,261
IX-11c Accounting feesManagement $45,500$45,500
IX-11d Lobbying feesManagement $5,478$5,478
IX-11g Other fees for servicesPrograms $142,052 · Management $21,748$163,800
IX-12 Advertising and promotionPrograms $12,510$12,510
IX-13 Office expensesPrograms $112,267 · Management $17,239$129,506
IX-14 Information technologyPrograms $72,669$72,669
IX-16 OccupancyPrograms $383,237 · Management $61,328$444,565
IX-17 TravelPrograms $147,535 · Management $23,874$171,409
IX-20 InterestPrograms $8,390$8,390
IX-22 Depreciation, depletion and amortizationPrograms $82,922 · Management $8,054$90,976
IX-23 InsurancePrograms $23,219$23,219
IX-24 Other expenses (24a–d)Programs $1,240,559 · Management $112,240$1,352,799
IX-24e All other expensesPrograms $47,723 · Management $5,963$53,686
IX-25 Total functional expensesPrograms $6,920,591 · Management $1,150,927 · Fundraising $0$8,071,518
Part X · Balance sheet $4,422,701 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $291,504$883,669
X-2 Savings and temporary cash investmentsStart of year $89,740$92,294
X-3 Pledges and grants receivableStart of year $1,400,450$996,796
X-9 Prepaid expenses and deferred chargesStart of year $817$1,603
X-10c Land, buildings and equipment, netStart of year $1,169,528$1,210,410
X-12 Other securitiesStart of year $87,211$95,929
X-15 Other assetsStart of year $305,340$1,142,000
X-16 Total assetsStart of year $3,344,590$4,422,701
X-17 Accounts payable and accrued expensesStart of year $297,805$338,773
X-19 Deferred revenueStart of year $290,012$248,452
X-25 Other liabilitiesStart of year $0$1,140,384
X-26 Total liabilitiesStart of year $1,165,162$1,940,003
X-27 Net assets without donor restrictionsStart of year $1,814,458$2,058,917
X-28 Net assets with donor restrictionsStart of year $364,970$423,781
X-32 Total net assets or fund balancesStart of year $2,179,428$2,482,698
X-33 Total liabilities and net assetsStart of year $3,344,590$4,422,701
Part XI · Reconciliation of net assets $2,482,698 net assets at year end
XI-1 Total revenue$8,374,788
XI-2 Total expenses$8,071,518
XI-3 Revenue less expenses$303,270
XI-4 Net assets at start of year$2,179,428
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,482,698

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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