Nonprofit · EIN 54-2025186
RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC
Tax-exempt · RICHMOND, VA 23219
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,687,538 | $5,047,358 | -$359,820 | $4,228,822 | $742,089 | $3,486,733 |
| June 30, 2024 | 990 | $3,500,565 | $1,296,905 | $2,203,660 | $3,952,927 | $106,374 | $3,846,553 |
| June 30, 2023 | 990 | $1,131,579 | $874,228 | $257,351 | $1,664,688 | $21,795 | $1,642,893 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,680,010
- Program service revenue
- $0
- Investment income
- $7,528
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $252,560
- Other salaries and wages
- $28,882
- Salaries, compensation and benefits (total)
- $281,442
- Professional fundraising fees
- $0
- Travel
- $2,590
- Program services (functional)
- $4,679,420
- Management and general (functional)
- $176,245
- Fundraising (functional)
- $191,693
Balance sheet and other
- Total assets, start of year
- $3,952,927
- Total assets, end of year
- $4,228,822
- Total liabilities, end of year
- $742,089
- Net assets, end of year
- $3,486,733
- Net assets without donor restrictions
- $541,074
- Net assets with donor restrictions
- $2,945,659
- Gross receipts
- $4,687,538
- Employees
- 3
- Volunteers
- 20
- Year formed
- 2001
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TAIKEIN COOPER | CEO Officer | 40 | $136,114 | $2,921 |
| TRACY BROWER | DEPUTY EXEC DIRECTOR-ENDED 2/25 Officer | 40 | $78,519 | $1,562 |
| KATHY BURCHER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR GENEVIEVE SIEGEL-HAWLEY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| MATT CONRAD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| REV DR EMANUEL HARRIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR MEGAN HEALY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CARLOS HOPKINS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR JOSE MOREY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RUPA MURTHY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID MILLS | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| DR THAD WILLIAMSON | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| WENDY P LEWIS | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| MARTIN SUTLER | VP-STRATEGIC PARTNERSHIP & INITIATIVES Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TAIKEIN COOPER | EXECUTIVE DIRECTOR Officer | 40 | $111,225 | $1,713 |
| TRACY BROWER | DEPUTY EXECUTIVE DIRECTOR Officer | 40 | $82,740 | $713 |
| KATHY BURCHER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR GENEVIEVE SIEGEL-HAWLEY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| MATTH CONRAD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| REV DR EMANUEL HARRIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR MEGAN HEALY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CARLOS HOPKINS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR JOSE MOREY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RUPA MURTHY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID MILLS | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| DR THAD WILLIAMSON | VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| WENDY P LEWIS | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TY TOEPKE | EXECUTIVE DIRECTOR - ENDED 10/22 Officer | 40 | $89,104 | $2,172 |
| TRACY BROWER | DEPUTY EXECUTIVE DIRECTOR Officer | 40 | $17,475 | $384 |
| KATHY BURCHER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MATTH CONRAD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| REV DR EMANUEL HARRIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR MEGAN HEALY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CARLOS HOPKINS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR JOSE MOREY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID MILLS | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| DR THAD WILLIAMSON | VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| WENDY P LEWIS | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| DR GENEVIEVE SIEGEL-HAWLEY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| RUPA MURTHY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TAIKEIN COOPER | EXECUTIVE DIRECTOR - STARTED 2/23 Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 301 N 9TH ST 17TH FLOOR, RICHMOND, VA 23219-1933
- Principal officer (990 for 2024)
- TAIKEIN COOPER, 301 N 9TH ST 17TH FLOOR, RICHMOND, VA 23219
- Signed the 990
- TAIKEIN COOPER, PRESIDENT & CEO
- Phone
- (804) 780-8623
- Return prepared by
- KEITER STEPHENS HURST GARY & SHREAVES
Mission
RPSEF SUPPORTS TEACHING AND LEARNING INSIDE RICHMOND PUBLIC SCHOOLS THAT ARE NOT ALREADY COVERED BY EXISTING PUBLIC FUNDING. THE FOUNDATION FOCUSES IN THREE AREAS; STUDENT SUCCESS, TEACHING INNOVATION AND COLLEGE AND CAREER READINESS.
Program accomplishments
- EARLY LITERACY: THE RICHMOND ED FUND INVESTED IN IMPLEMENTING EVIDENCE-BASED EARLY LITERACY INSTRUCTION ACROSS RICHMOND PUBLIC SCHOOLS BY SUPPORTING THE SCIENCE OF READING APPROACH THROUGH UFLI AND PROVIDING ONGOING PROFESSIONAL DEVELOPMENT FOR ALL K2 TEACHERS, LED BY LITERACY COACHES. AS VIRGINIA TRANSITIONED FROM THE PHONOLOGICAL AWARENESS LITERACY SCREENING (PALS) TO THE VIRGINIA LANGUAGE & LITERACY SCREENING SYSTEM (VALLSS), RICHMOND PUBLIC SCHOOLS ACHIEVED A 14-POINT GROWTH IN EARLY LITERACY OUTCOMES IN FY25. THESE INVESTMENTS STRENGTHEN FOUNDATIONAL READING SKILLS, WHICH ARE CLOSELY LINKED TO LONG-TERM ACADEMIC SUCCESS, GRADUATION RATES, AND WORKFORCE READINESS, REDUCING FUTURE REMEDIATION COSTS, IMPROVING THE RETURN ON PUBLIC EDUCATION INVESTMENTS, AND STRENGTHENING THE REGION'S LONG-TERM TALENT PIPELINE.Expenses $650,937
- RPS200: THE RICHMOND ED FUND CONTINUED SUPPORTING RPS200, AN EXTENDED LEARNING TIME INITIATIVE AIMED AT ACCELERATING ACADEMIC PROGRESS FOR STUDENTS WHO BENEFIT MOST FROM EXTRA INSTRUCTION AND ENRICHMENT. BY INCREASING LEARNING TIME WITHOUT NEEDING SIGNIFICANT NEW INFRASTRUCTURE, THE INITIATIVE MAXIMIZES THE USE OF EXISTING SCHOOL RESOURCES WHILE ACHIEVING NOTABLE ACADEMIC GAINS FOR PARTICIPATING STUDENTS. THIS APPROACH ENHANCES SKILL DEVELOPMENT, ENSURES ON-TIME GRADE PROGRESSION, AND IMPROVES LONG-TERM WORKFORCE READINESS, THEREBY INCREASING THE OVERALL RETURN ON PUBLIC EDUCATION INVESTMENTS AND HELPING BUILD A STRONGER, MORE DEPENDABLE FUTURE WORKFORCE FOR THE RICHMOND REGION.Expenses $85,000
- RPS LEADS: THE RICHMOND ED FUND SUPPORTED RPS LEADS, A YEARLONG LEADERSHIP DEVELOPMENT PROGRAM DESIGNED TO PREPARE ASSISTANT PRINCIPALS AND NEW PRINCIPALS TO BECOME HIGHLY EFFECTIVE SCHOOL LEADERS ACROSS RICHMOND PUBLIC SCHOOLS. PARTICIPANTS ENGAGED IN INTENSIVE PROFESSIONAL LEARNING AND COACHING ALIGNED WITH DISTRICT PRIORITIES, RESULTING IN 100% RETENTION OF COHORT MEMBERS AND TWO PROMOTIONS TO EXPANDED LEADERSHIP ROLES. INVESTMENTS IN LEADERSHIP DEVELOPMENT STRENGTHEN SCHOOL PERFORMANCE, IMPROVE TEACHER RETENTION, AND REDUCE COSTLY LEADERSHIP TURNOVER, ENSURING STRONGER INSTRUCTIONAL ENVIRONMENTS AND INCREASING THE LONG-TERM RETURN ON PUBLIC EDUCATION INVESTMENTS THROUGH MORE STABLE AND EFFECTIVE SCHOOL LEADERSHIP.Expenses $3,943,483
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-2025186
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B112)
- Assets (IRS master file)
- $4,228,822
- Income (IRS master file)
- $4,687,538
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,687,538 | $5,047,358 | $4,228,822 | XML |
| 990 | June 2024 | $3,500,565 | $1,296,905 | $3,952,927 | XML |
| 990 | June 2023 | $1,131,579 | $874,228 | $1,664,688 | XML |
| 990 | June 2022 | $1,170,976 | $449,658 | $1,399,654 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 54-2025186).
Questions about RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC
- What is the EIN of RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC is 54-2025186.
- Is RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RICHMOND PUBLIC SCHOOLS EDUCATION 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 RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names TAIKEIN COOPER.
- Who are the officers and directors of RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 2 received compensation from the organization, the highest $136,114 (TAIKEIN COOPER, CEO).
- How much revenue does RICHMOND PUBLIC SCHOOLS EDUCATION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,687,538, expenses of $5,047,358 and total assets of $4,228,822 at year end.
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