Skip to main content

Nonprofit · EIN 54-0755457

WATERFORD FOUNDATION INC

Tax-exempt · WATERFORD, VA 20197

Financials

$524K$671K2023$630K$687K2024$598K$694K2025
Revenue Expenses · by fiscal year end
Financials of WATERFORD FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$598,072$694,246-$96,174$5,808,224$150,047$5,658,177
December 31, 2024990$629,792$687,046-$57,254$5,905,658$154,247$5,751,411
December 31, 2023990$524,189$670,763-$146,574$5,977,234$191,702$5,785,532
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$134,722
Program service revenue
$360,827
Investment income
$5,383
Net rental income
$62,395
Net income from fundraising events
$32,273
Other revenue
$97,140

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$52,668
Other salaries and wages
$202,834
Salaries, compensation and benefits (total)
$280,550
Professional fundraising fees
$0
Accounting fees
$4,326
Occupancy
$33,974
Depreciation
$87,231
Program services (functional)
$594,784
Management and general (functional)
$74,434
Fundraising (functional)
$25,028

Balance sheet and other

Total assets, start of year
$5,905,658
Total assets, end of year
$5,808,224
Total liabilities, end of year
$150,047
Net assets, end of year
$5,658,177
Land, buildings and equipment
$5,442,506
Publicly traded securities
$209,507
Net assets without donor restrictions
$5,408,017
Net assets with donor restrictions
$250,160
Gross receipts
$631,437
Employees
5
Volunteers
530
Year formed
1943
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Stephanie ThompsonExecutive Director
Officer
20$50,643$2,026
Susan ManchPresident
Trustee or director, Officer
2$0$0
Carl ScheiderVice President
Trustee or director, Officer
2$0$0
Chris DoxeyTreasurer
Trustee or director, Officer
2$0$0
Sharyn FranckSecretary
Trustee or director, Officer
2$0$0
Justin BlueDirector
Trustee or director
2$0$0
Rick BrightDirector
Trustee or director
2$0$0
Emily EigDirector
Trustee or director
2$0$0
Grey FrandsenDirector
Trustee or director
2$0$0
Susan HillDirector
Trustee or director
2$0$0
Nancy IarossiDirector
Trustee or director
2$0$0
Martin RathmannDirector
Trustee or director
2$0$0
Jim ShepherdDirector
Trustee or director
2$0$0
Rachel StrittmatterDirector
Trustee or director
2$0$0
Mark SuttonDirector
Trustee or director
2$0$0
1 more people on this return
NameTitleHours / weekCompensation
Chris WoodDirector
Trustee or director
2$0
990 for the year ended December 31, 2024: 16 people
NameTitleHours / weekCompensation
STEPHANIE CAMPBELL THOMPSONEXECUTIVE DIRECTOR
Officer
20$53,889
SUSAN MANCHPRESIDENT
Trustee or director, Officer
2$0
CHRIS WOODVICE PRESIDENT
Trustee or director, Officer
2$0
CHRIS DOXEYTREASURER
Trustee or director, Officer
2$0
SHARYN FRANCKSECRETARY
Trustee or director, Officer
2$0
KAREN BENNETTDIRECTOR
Trustee or director
2$0
EMILY EIGDIRECTOR
Trustee or director
2$0
DAVID HUNTDIRECTOR
Trustee or director
2$0
GREY FRANDSENDIRECTOR
Trustee or director
2$0
KERRY ROSZELDIRECTOR
Trustee or director
2$0
EMILY HOUSTONDIRECTOR
Trustee or director
2$0
SUSAN HILLDIRECTOR
Trustee or director
2$0
CARL SCHEIDERDIRECTOR
Trustee or director
2$0
ANNA RATHMANNDIRECTOR
Trustee or director
2$0
NANCY IAROSSIDIRECTOR
Trustee or director
2$0
CAMILLA STRONGINDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
STEPHANIE CAMPBELL THOMPSONEXECUTIVE DIRECTOR
Officer
20$56,073
SUSAN MANCHPRESIDENT
Trustee or director, Officer
2$0
ANNIE GOODEVICE PRESIDENT
Trustee or director, Officer
2$0
DAVID HUNTTREASURER
Trustee or director, Officer
2$0
JANE COVINGTONSECRETARY
Trustee or director, Officer
2$0
KAREN BENNETTDIRECTOR
Trustee or director
2$0
CHRIS DOXEYDIRECTOR
Trustee or director
2$0
SHARYN FRANCKDIRECTOR
Trustee or director
2$0
GREY FRANDSENDIRECTOR
Trustee or director
2$0
KERRY ROSZELDIRECTOR
Trustee or director
2$0
EMILY HOUSTONDIRECTOR
Trustee or director
2$0
CHRIS WOODDIRECTOR
Trustee or director
2$0
STEPHANIE KENYONDIRECTOR
Trustee or director
2$0
ANNA RATHMANNDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
40222 FAIRFAX ST, WATERFORD, VA 20197-2023
Principal officer (990 for 2025)
Stephanie Thompson, PO Box 142, Waterford, VA 20197
Signed the 990
Stephanie Thompson, Executive Director
Phone
(540) 882-3018
Return prepared by
Rogers & Company PLLC

Mission

To preserve the historic buildings and the open spaces of the national historic landmark District of Waterford, Virginia; and, through education, to increase the public's knowledge of life and work in an early American Rural Community.

990 for the year ended December 31, 2025

Program accomplishments

  • Preservation of Waterford, Virginia - A national historic landmark. In line with the mission statement, the objective is to preserve the integrity of the national historic landmark District of Waterford, Virginia and, through education, to increase the public's knowledge of life and work in an early American Rural Community.
    Expenses $594,784 · revenue $423,222

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-0755457
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,808,224
Income (IRS master file)
$631,437

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$598,072$694,246$5,808,224IRS
990December 2024$629,792$687,046$5,905,658IRS
990December 2023$524,189$670,763$5,977,234XML
990December 2022$601,935$583,096$6,097,604IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0755457).

Questions about WATERFORD FOUNDATION INC

What is the EIN of WATERFORD FOUNDATION INC?
The employer identification number (EIN) of WATERFORD FOUNDATION INC is 54-0755457.
Is WATERFORD FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1944.
Are donations to WATERFORD FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WATERFORD FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WATERFORD FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WATERFORD FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of WATERFORD FOUNDATION INC?
The 990 for the year ended December 31, 2025 names Stephanie Thompson.
Who are the officers and directors of WATERFORD FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 16 people; 1 received compensation from the organization, the highest $50,643 (Stephanie Thompson, Executive Director).
How much revenue does WATERFORD FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $598,072, expenses of $694,246 and total assets of $5,808,224 at year end.

Other nonprofits in WATERFORD

All nonprofits in WATERFORD · Virginia · Arts, culture and humanities