Richmond Police Foundation is located in Richmond, VA. The organization was established in 1998. According to its NTEE Classification (I43) the organization is classified as: Inmate Support, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richmond Police Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Richmond Police Foundation generated $98.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $66.8k during the year ending 12/2022. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Fero President | 1 | $0 | |
Heidi Abbott Secretary | 1 | $0 | |
David Lynn Director | 1 | $0 | |
Lisa Hicks-Thomas Director | 1 | $0 | |
Aaron Gomes Director | 1 | $0 | |
Joseph Hutchison Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,857 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,861 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,735 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $364 |
| Other expenses | $62,685 |
| Total expenses | $66,784 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,913 |
| Other assets | $0 |
| Total assets | $146,913 |
| Total liabilities | $0 |
| Net assets or fund balances | $146,913 |