The Generals Redoubt EIN 84-1863901 Form 990 (PDF) Claim this org

The Generals Redoubt FY2023 filing

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Educates the public about Washington and Lee University and its founders. For fiscal year 2023 it reported $2.1M in revenue, $459K in expenses, and $4.8M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Lexington, VA
Website
www.thegeneralsredoubt.us
Filings
5 on file (2020–2023)
Revenue
$2.1MFY2023
Expenses
$459K
Net assets
$4.8M
People
17
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-1863901 Public charity (501(c)(3)) Lexington, VA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/3/26 · see original: IRS
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Size
$1–10M
What they do
Educates the public about Washington and Lee University and its founders.
Leadership
Thomas P Rideout · Chairman
Money in and out
$2.1M revenue, $459K expenses
Bottom line
75% program efficiency
Where the money goes · FY2023
Total revenue
$2.1M
Pt VIII · Ln 12
Total expenses
$459K
Pt IX · Ln 25
Net assets
$4.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.6M
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.24 Fundraising $0.00
Program efficiency
75%
of spending reaches programs
Operating runway
103.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+78%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$2.1M
FY2023▲ +7%
Expenses
$459K
FY2023▲ +101%
Total assets
$4.8M
FY2023▲ +64%
Total liabilities
$5K
FY2023
Total revenue
$2.1M
Pt VIII · Ln 12
Total expenses
$459K
Pt IX · Ln 25
Net assets
$4.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.6M
Total assetsPt X · Ln 16$4.8M
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

1 program service account for $345K of program spending, described in the organization's own filed words · FY2023.
01

Sharing our mission and goals with over 12,000 alums, students, parents, faculty, administrators, trustees, and other friends of washington and lee university by collecting data on university issues and the development of a speaker program.

$345Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Generals Redoubt
EINHdr · item D84-1863901
Principal addressHdr · item CLexington, VA
WebsiteHdr · item Jwww.thegeneralsredoubt.us
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A80)
Ruling yearIRS BMFJun 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President and Treasur
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$2.0M · 97%
Investment income$64K · 3%
Contributions & grants97%$2.0M
Investment income3%$64K
Total revenueLn 12$2.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.24 Fundraising $0.00
Program services75%$345K
Management & general24%$112K
Fundraising$2K
Total functional expensesLn 25$459K

Balance Sheet

Part X · end of year
CashLn 1$520K
Total assetsLn 16$4.8M
Total liabilitiesLn 26$5K
Total net assetsLn 32$4.8M
Months of cash on handcomputed13.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.6M · Operating expenses (Pt IX) $459K · Less non-cash grants $39K · Cash operating expenses/yr $420K
103.6 months
Where the money goes
Program services
Program services $345K · Total expenses $459K
75%
Management & General
Management & general $112K · Total expenses $459K
24%
Fundraising
Fundraising $2K · Total expenses $459K
0.4%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $1.6M
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.0M · Total revenue $2.1M
97%
Government reliance
Government grants — · Total revenue $2.1M
Earned-income share
Program service revenue $0 · Total revenue $2.1M
0%
Investment reliance
Investment income $64K · Total revenue $2.1M
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $459K
0%
Growth & trend
Revenue growth (YoY)
This year $2.1M · Prior year $1.9M
+7%
Net-asset trend (YoY)
End of year $4.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.1M · Expenses $459K
+78%
Liabilities-to-Assets
Total liabilities — · Total assets $4.8M
Net-asset ratio
Net assets $4.8M · Total assets $4.8M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $3.1M · Total assets (Pt X, ln 16) $4.8M
65%
People & payroll
Highest Reported Total Compensation
Individual Thomas P Rideout · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $459K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $459K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 24%
Fundraising cost ratio 0.10%
Revenue growth 7%
Investment management fee ratio 0.4%
Legal fee ratio 1%
Accounting fee ratio 3%

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 13 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 (Latest)$2.3M revenue · ⤓ 990 PDF
FY2023$2.1M revenue · viewing · ⤓ 990 PDF
FY2022$1.9M revenue · ⤓ 990 PDF
FY2021$998K revenue · ⤓ 990 PDF
FY2020$470K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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