Nonprofits/Organizations/54-1210450
Active
501(c)(3)
Form 990

Rappahannock General Hospital Foundation Inc

EIN 54-1210450Kilmarnock, VA 22482Founded 1983WebsiteIRS Tax Year 2023 · Period ending December 31, 2023
Mission Statement

FUNDRAISING AND GRANT MAKING ORGANIZATION.

IRS Tax Year 2023

Period ending December 31, 2023

Tax year 2024 filing not yet available. This is the most recent filing on record.

Total Revenue

$100K

-14.0%YoY

Total Expenses

$2.9M

-41.4%YoY

Net Assets

$0

-100.0%YoY

Employees

Volunteers

27

Grants Paid

$2.9M

Program Expense Ratio

100.0%

This nonprofit profile presents IRS Form 990 tax filing data for Rappahannock General Hospital Foundation Inc (EIN: 54-1210450), based on the 2023 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

Chat with Rappahannock General Hospital Foundation Inc's data & any nonprofit

Coming Soon

Compare organizations, analyze trends, and ask questions about Rappahannock General Hospital Foundation Inc's finances, compensation, and programs — or any other nonprofit — using our AI-powered research assistant.

Join Waitlist
RoundPaper IndicatorsTax Year 2023

Financial Health

Revenue declined -14.0% to $100K
Program spending ratio of 100.0% — excellent
0.0 months of operating reserves — limited runway
Expenses decreased -41.4% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
29-member board, 27 independent

Compensation

Top compensation: $2,430,814 (Former Interim President - Richmond)
Top exec pay is 83.9% of total expenses — elevated
Schedule J filed for 6 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
100.0% of spending goes to programs
No programs generate independent revenue
$2.9M in grants paid to other organizations
27 volunteers engaged

Financial Stability

0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets declining over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Rappahannock General Hospital Foundation Inc is a 501(c)(3) nonprofit headquartered in Kilmarnock, VA, founded in 1983. In its 2023 filing, the organization reported $100K in total revenue, a 14.0% decrease from the prior year, and $2.9M in total expenses. The organization engaged 27 volunteers. , Former Interim President - Richmond, is the highest-compensated individual at $2,430,814. The organization runs 1 program, totaling $2.9M in program expenses. 4 of 6 recommended governance policies are in place.

Programs(Tax Year 2023)

1 record

Programs Overview

Rappahannock General Hospital Foundation Inc operates 1 program, with total program expenses of $2.9M. Rappahannock General Hospital Foundation Inc's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $2,897,622

BON SECOURS RAPPAHANNOCK GENERAL FOUNDATION HAS BEEN ACTIVELY INVOLVED IN HELPING BON SECOURS RAPPAHANNOCK GENERAL HOSPITAL FULFILL ITS MISSION OF PROVIDING COMPASSIONATE AND INNOVATIVE HEALTHCARE.

Financial Overview(Tax Years 2020–2023)

4 records

Financial Highlights

Over the past 4 years, Rappahannock General Hospital Foundation Inc's revenue has grown from $20K to $100K, a 392.8% increase. Program expenses represent 100% of total spending.

Revenue decreased 14.0% year-over-year, while expenses declined 41.4%. net assets fell to $0, down 100.0% from the prior year.

Rappahannock General Hospital Foundation Inc derives 100% from investment income.

Revenue declined by 14.0% and expenses declined by 41.4% year over year.

Rappahannock General Hospital Foundation Inc distributed $2.9M in grants to other organizations and individuals, representing 100% of total expenses.

Over 4 filings from 2020–2023, Rappahannock General Hospital Foundation Inc grew revenue from $20K to $100K (+392.8%) while maintaining a program expense ratio of 100%.

Rappahannock General Hospital Foundation Inc holds $0 in total assets against $0 in liabilities. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2023$100K$0$0$0$100K
2022$116K$0$0$0$116K
2021$540K$51K$0$0$489K
2020$20K$0$0$0$20K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2023$2.9M$2.9M$0$0$2.9M
2022$4.9M$4.9M$4$60$4.9M
2021$0$0$0$0$0
2020$0$0$0$0$0

Program Expense Ratio

100.0%

Admin Expense Ratio

0.0%

Fundraising Efficiency

Operating Reserve

0.0 mo

People & Compensation(Tax Year 2023)

34 records

Compensation Summary

Rappahannock General Hospital Foundation Inc reported compensation for 34 officers and key employees. Total officer compensation was $5.3M, representing 182.4% of total expenses. 4 individuals received total compensation exceeding $500,000.

Rappahannock General Hospital Foundation Inc's highest-compensated individual received $2.4M in total compensation. Total officer compensation of $5.3M represents 182.4% of total expenses. 2 individuals received total compensation exceeding $1,000,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
Former Interim President - Richmond
Former
$0$2,417,550$2,430,814
President/CEO - Richmond
Officer
0.50$0$921,428$1,199,657
CFO - RICHMOND
Officer
0.50$0$548,124$592,788
Chief Sponsorship Officer
Director
2.50$0$524,623$538,075
President, Richmond Foundation
Officer
0.50$0$255,656$313,250
Board Member, VP Mission
Director
0.50$0$187,543$209,657
Vice Chair
OfficerDirector
0.50$0$0$0
Chairman
OfficerDirector
0.50$0$0$0
TREASURER
OfficerDirector
0.50$0$0$0
Secretary
OfficerDirector
0.50$0$0$0
BOARD MEMBER
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
BOARD MEMBER
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
BOARD MEMBER
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
BOARD MEMBER
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
BOARD MEMBER
Director
0.50$0$0$0
BOARD MEMBER
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
BOARD MEMBER
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
BOARD MEMBER
Director
0.50$0$0$0
BOARD MEMBER
Director
0.50$0$0$0
BOARD MEMBER
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0
Board Member
Director
0.50$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

ANDREW BURRICHTER

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Brian Yanofchick

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Paul Smith

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

WILLIAM KUSNIERZ

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

ANN CARPIN

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Michael Lutes

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2023)

Governance Snapshot

Rappahannock General Hospital Foundation Inc has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 29 members, 27 of whom are independent.

Rappahannock General Hospital Foundation Inc's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members29
Independent members27

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2023)

1 record

Grantmaking Summary

Rappahannock General Hospital Foundation Inc awarded $2.9M across 1 grant to organizations. Top recipients include Bon Secours - Richmond Health System Inc (Cincinnati, OH) — $2.9M for capital funds for renovation project.

Organization Grants

RecipientLocationAmountPurpose
Bon Secours - Richmond Health System Inc521988421Cincinnati, OH$2.9MCapital Funds for Renovation Project

Supplemental Financial Data(Tax Year 2023)

Schedule D Highlights

The endowment stands at $115K.

Filing History(Tax Years 1983–2023)

4 records

Showing the 4 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2023
990
2023-01-01 – 2023-12-31$100K$2.9M$0
2022
990
2022-01-01 – 2022-12-31$116K$4.9M$4.3M
2021
990
2021-01-01 – 2021-12-31$540K$0$9.3M
2020
990
2020-01-01 – 2020-12-31$20K$0$8.0M
1983–2019No filings acquired yet

Frequently Asked Questions

What does Rappahannock General Hospital Foundation Inc do?

FUNDRAISING AND GRANT MAKING ORGANIZATION.

How much revenue does Rappahannock General Hospital Foundation Inc have?

Rappahannock General Hospital Foundation Inc reported $99,768 in total revenue for tax year 2023, down 14.0% from the prior year.

Who is the highest-paid executive at Rappahannock General Hospital Foundation Inc?

, Former Interim President - Richmond, received $2,430,814 in total compensation as of tax year 2023.

Is Rappahannock General Hospital Foundation Inc a 501(c)(3)?

Yes, Rappahannock General Hospital Foundation Inc is classified as a 501(c)(3) tax-exempt organization.

Where is Rappahannock General Hospital Foundation Inc located?

Rappahannock General Hospital Foundation Inc is headquartered in Kilmarnock, VA 22482.

Is Rappahannock General Hospital Foundation Inc audited?

Yes, Rappahannock General Hospital Foundation Inc's financial statements are audited, and the organization has an audit committee.

Does Rappahannock General Hospital Foundation Inc give grants?

Yes, Rappahannock General Hospital Foundation Inc distributed $2,897,622 in grants to other organizations and individuals in tax year 2023. Top recipients include Bon Secours - Richmond Health System Inc.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
Coming Soon

Ask anything about
any nonprofit

Get instant, data-backed answers about nonprofit compensation, financials, and trends. Join the waitlist for early access. Free tier included at launch.

Trusted by nonprofit professionals

3.6M+

IRS Filings

1.7M+

Organizations

28M+

Comp Records

Rappahannock General Hospital Found… | 990 Data | RoundPaper