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Goochland Educational Foundation Incorporated

EIN 26-4409476 · Goochland, VA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceGood82 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Provide funding to support innovative learning opportunities for Goochland County Public School students.

Income
$615,214
Spending
$292,373
Spent on programs
90%
Reserves
5.2 months of spending
Largest source of income
government grants, 49%
Employees
2
Volunteers
66
Highest pay
$57,600, cheif executive officer

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 59% of charities in its peer group (education, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.2 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 52% of income.

  • Income trend

    15 of 15

    Income rose 353% on the year before.

  • Spending floor

    15 of 15

    90% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 82 out of 100. Higher than 70% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $87,996 spent. Virtual Reality:Tools to create meaningful learning experiences for students that would otherwise be impossible. Virtual Reality is incorporated into the curriculum across all disciplines and a wide variety of content areas to experience learning a new way including English students traveling to the setting of a novel they studied. Foreign Language students experienced life in a foreign country and experienced what it would be like communicating with native speakers of a language they are studying. Heavy Machinery students experienced what it is like operating tower and overhead cranes. Psychology students researched and experienced how Virtual Reality is currently being used as a form of therapy, Health and PE students measuring the difference in activity levels when participating in traditional exercise and exercise within Virtual Reality using heart rate monitors.
  2. $87,996 spent. STEM in Nature - Outdoor Educational Experience:Students visit three times a year to an "outdoor classroom" located at Westview on the James, an 800-acre piece of property that is bordered by the James River with streams, a lake, a forest, and land for gardening. They study life in the waterways and plant a garden, studying seasonal observations of the same location to see how the ecosystem changes in each season. These studies are incorporated into the academic lessons in the classroom. Through all these activities, the students investigate and understand that living things have basic life needs and functional parts and can be classified according to certain characteristics. The students observe and measure change over time. Students investigate the role of plants in affecting air and water quality. Activities include planting a variety of grasses along the riverbank to prevent erosion and water pollution, and planting trees to improve air quality. They investigate and understand that adaptations allow organisms to satisfy life's needs and respond to the environment as well as those organisms, including humans, interact with one another and with the nonliving components in the ecosystem. The lessons meet Virginia's Standards of Learning requirements by demonstrating the ability to reason with numbers and other mathematical concepts.
  3. $87,995 spent. Makerspace:Each of the three elementary schools has a "Makerspace": a dedicated learning environment where young students engage in hands-on, creative activities to design, experiment, and invent using a range of materials and technology. These spaces provide hands-on opportunities for students to explore STEAM (Science, Technology, Engineering, Art, and Math) concepts, foster problem-solving skills, and develop 21st-century skills like collaboration, communication, and critical thinking through self-directed, play-based learning.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 2011.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Educational Foundation Inc (Chapel Hill, NC), EIN 56-6058412. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.