Goochland Educational Foundation, Inc.
2938-I River Road West
c/o Goochland County Public Schools
Goochland VA 23063
Mission Statement

The Goochland Educational Foundation mission is to secure funding to support innovative learning opportunities for Goochland County Public School students.

Leadership
CEO/Executive Director Ms. Cynthia Brown
Board Chair Mrs. Kristina Heidel
Board Chair Company Affiliation Capital One
Contact Information
Address 2938-I River Road West
c/o Goochland County Public Schools
Goochland, VA 23063
Telephone 804 566-5627
E-mail info@goochlandedu.org
History and Background
Year of Incorporation 2011
Financial Summary
Revenue vs Expense Bar Graph - All Years
Expense Breakdown Bar Chart - All Years
 
 
Projected Revenue $200,000.00
Projected Expenses $180,000.00
Statements
Mission

The Goochland Educational Foundation mission is to secure funding to support innovative learning opportunities for Goochland County Public School students.

Impact

Who We Are

Goochland Education Foundation is the embodiment of a vision held by a group of local community leaders who appreciated the school district’s excellent reputation and wished to enhance the district’s curriculum and extracurricular activities with privately funded enrichment programs. The foundation works closely with the school district, faculty, and students, but is an independent, tax-exempt 501(c)(3) organization.

Funding Focus Areas
The Goochland Educational Foundation supports programs that enrich and maximize learning in Goochland County Public Schools. These programs include but are not limited to providing arts and cultural experiences; innovative technology curriculum; and opportunities to close the education gap that exists for the disadvantaged.

How we help
 
We focus on providing strategic innovation grants, enrichment, and student scholarships annually.  
Needs

The current needs of the organization are primarily funding for first year marketing, bookkeeping, and administrative costs. The executive director is charged with building awareness and building a healthy donor base. Currently the bookkeeping is done off-site pro bono, which is not sustainable after December 2017. The board has approved a new logo. However, there is currently no funding to implement a proper marketing plan. The organization also currently has limited resources to implement a full development plan. The initial investment for covering these costs for 2018 will allow the organization to grow - build and maintain the necessary donor base to cover costs going forward, along with implementing new programming. 

 

Background
In 2008, a group of county residents, led by Elizabeth Nelson-Lyda, created the foundation to impact education in Goochland County. Their activities included raising funds to implement different programming in the public schools. The foundation received approval of its Section 501(c)(3) non-profit status from the State Corporation Commission in 2009.
 
In 2016, the board brought in Capital One to guide the board of directors through a strategic planning process. They reworked the mission and vision, focusing on innovative and visionary programs, positively impacting educational practices, to help students strengthen 21st century and STEM skills so they are prepared for an unknown workforce. 
 
This new direction of the board created an opportunity to hire an executive director, funded by a Capital One capacity-building grant. The executive director began May 1, 2017. 


 
Areas of Service
Areas Served
Area
Goochland County
Goochland Education Foundation serves the Goochland County Public Schools teachers and students.
Board Chair
Board Chair Mrs. Kristina Heidel
Company Affiliation Capital One
Term Jan 2017 to Jan 2020
Email kheidel@goochlandedu.org
Board of Directors
Board Members
NameAffiliation
Mrs. Tamra Adams Community Volunteer
Mrs. Liza Dameron Community Volunteer
Dr. Julia Davis Community Volunteer
Mrs. Katrina Davis Community Volunteer
Mrs. Christina Griffith Community Volunteer
Mr. Adeeb Hamzey Community Volunteer
Mrs. Kristina Heidel Capital One
Mrs. Kendall Hoffler Community Volunteer
Mrs. Caroline Juran Community Volunteer
Mrs. Elizabeth Nelson-Lyda Community Volunteer
Mr. William Quarles former Goochland Board of Supervisors and Community Volunteer
Mrs. Alison Raines Community Volunteer
Mr. Jay Shively Community Volunteer
Mrs. Kavis Winston Community Volunteer
Mrs. Elizabeth Woolf Community Volunteer
Board Demographics - Ethnicity
African American/Black 2
Asian American/Pacific Islander 0
Caucasian 12
Hispanic/Latino 0
Native American/American Indian 0
Other 1 Middle Eastern
Board Demographics - Gender
Male 3
Female 12
Governance
Board Term Lengths 5
Board Term Limits 2
Board Meeting Attendance % 80
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Percentage Making In-Kind Contributions 100
Number of Full Board Meetings Annually 9
Risk Management Provisions
Fiduciary Liability
Standing Committees
Board Development / Board Orientation
Program / Program Planning
Finance
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Executive Director
Executive Director Ms. Cynthia Brown
Experience This is a part-time position.
Staff
Full Time Staff 1
Part Time Staff 0
Volunteers 25
Contractors 0
Retention Rate 0
Plans
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Yes
Years Strategic Plan Considers 3
Date Strategic Plan Adopted Oct 2016
Management Succession Plan? No
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
Programs
Description
Annually, we provide 5 - $100 school level Teacher of the Year Awards and 1 - $500 countywide Teacher of the Year Award.
Population Served Adults
Budget $1,000.00
Short Term Success
Recognition and encouragement of our best educators.
Long Term Success
Recognition and encouragement of our best educators - and improve, encourage, and retain talent.
Description
GEF offers at least 3 - $500 scholarships annualy to graduating high schools seniors of Goochland High School to utilize for higher education purposes.
Population Served Adolescents Only (13-19 years)
Budget $1,500.00
Description GEF supports GCPS summer STEM programs, Code RVA, and the Greenhouse Project.
 
Budget $40,000.00
Description GEF supports programs such as the "The 7 Habits of Highly Effective Teens" to encourage personal and educational growth of our students as well as the WiFi Access Support program.
Budget $30,000.00
Description GEF supports strategic innovation grants, driven by teacher grant requests and funded by the public at large.
Budget $20,000.00
Fiscal Year
Projected Revenue $200,000.00
Projected Expenses $180,000.00
Endowment Value $0.00
Spending Policy Income Only
Percentage (if selected) 0
Form 990s
IRS Letter of Exemption
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
$6,000$14,622--
Government Contributions$19$0$0
Federal------
State------
Local------
Unspecified$19----
Individual Contributions$16,999$70,473$6,950
$77,030$36,388--
$16,799$9,999$85,680
Investment Income, Net of Losses$17----
Membership Dues------
Special Events($7,934)--($6,631)
Revenue In-Kind$129$1,181--
Other$171----
Expense Allocation
Fiscal Year201520142013
Program Expense$105,101$98,528$49,955
Administration Expense$3,839$16,223$529
Fundraising Expense$3,000$500--
Payments to Affiliates------
Total Revenue/Total Expenses0.981.151.70
Program Expense/Total Expenses94%85%99%
Fundraising Expense/Contributed Revenue3%0%0%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$65,717$67,288$49,303
Current Assets$65,717$67,288$49,303
Long-Term Liabilities$0----
Current Liabilities$1,713$573--
Total Net Assets$64,004$66,715$49,303
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities38.36117.43--
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? No
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit ExemptionView
Comments
Foundation Comments
  • Financial information provided from year-end financial report prepared by the organization.
  • If an organization has gross receipts that are normally $50,000 or less, it can choose to file Form 990-N.