Reco Foundation

Manakin Sabot, VA
Tax-exempt since April 1958
EIN: 54-6039609

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$2.92M (2023)

Expenses

$637k (2023)

Total Assets

$11.1M (2023)

Total Liabilities

$0 (2023)

Years with missing data

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Revenue

$2,917,188

Expenses

$636,828

Net Income

$2,280,360

Net Assets

$11,087,840

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$468,071	16.0%
Sales of Assets	$2,449,117	84.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$500,000	78.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,087,840
Total Liabilities	$0
Net Assets	$11,087,840

Compensation

Key Employees and Officers	Compensation	Other
Robert C Courain Jr (President / Treasurer)	$0	$0
Ruth D Courain (Vice President)	$0	$0
William M Richardson (Vice President / Secretary)	$0	$0
Robert C Courain Iii (Director)	$0	$0
Dr Franklin Luke (Director)	$0	$0
Allen C Goolsby Iii (Director)	$0	$0
Lauren C Luke (Director)	$0	$0

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990-PF

Filed on Aug. 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2022

Revenue

$915,706

Expenses

$609,459

Net Income

$306,247

Net Assets

$8,807,480

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$210,282	23.0%
Sales of Assets	$431,940	47.2%
Other Income	$273,484	29.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$500,000	82.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,807,480
Total Liabilities	$0
Net Assets	$8,807,480

Compensation

Key Employees and Officers	Compensation	Other
Robert C Courain Jr (President / Treasurer)	$0	$0
Ruth D Courain (Vice President)	$0	$0
William M Richardson (Vice President / Secretary)	$0	$0
Robert C Courain Iii (Director)	$0	$0
Dr Franklin Luke (Director)	$0	$0
Allen C Goolsby Iii (Director)	$0	$0
Lauren C Luke (Director)	$0	$0

+ View more people

990-PF

Filed on Feb. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2021

Revenue

$533,799

Expenses

$718,235

Net Income

-$184,436

Net Assets

$8,501,233

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$197,938	37.1%
Sales of Assets	$186,962	35.0%
Other Income	$148,899	27.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$619,250	86.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,501,233
Total Liabilities	$0
Net Assets	$8,501,233

Compensation

Key Employees and Officers	Compensation	Other
Robert C Courain Jr (President / Treasurer)	$0	$0
Ruth D Courain (Vice President)	$0	$0
William M Richardson (Vice President / Secretary)	$0	$0
Robert C Courain Iii (Director)	$0	$0
Dr Franklin Luke (Director)	$0	$0
Allen C Goolsby Iii (Director)	$0	$0
Lauren C Luke (Director)	$0	$0

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990-PF

Filed on Feb. 7, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2020

Revenue

$514,026

Expenses

$647,143

Net Income

-$133,117

Net Assets

$8,685,668

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$225,026	43.8%
Sales of Assets	$149,481	29.1%
Other Income	$139,519	27.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$571,600	88.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,685,669
Total Liabilities	$1
Net Assets	$8,685,668

Compensation

Key Employees and Officers	Compensation	Other
Robert C Courain Jr (President / Treasurer)	$0	$0
Ruth D Courain (Vice President)	$0	$0
William M Richardson (Vice President / Secretary)	$0	$0
Robert C Courain Iii (Director)	$0	$0
Dr Franklin Luke (Director)	$0	$0
Allen C Goolsby Iii (Director)	$0	$0
Lauren C Luke (Director)	$0	$0

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990-PF

Filed on Jan. 28, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2019

Revenue

$434,345

Expenses

$659,379

Net Income

-$225,034

Net Assets

$8,818,786

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$242,134	55.7%
Dividends	$0
Sales of Assets	$0
Other Income	$67,352	15.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$575,000	87.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,818,786
Total Liabilities	$0
Net Assets	$8,818,786

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Sept.
2015

Revenue

$1,192,820

Expenses

$520,527

Net Income

$672,293

Net Assets

$8,129,392

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,000,000	83.8%
Interest Revenue	$0
Dividends	$181,121	15.2%
Sales of Assets	$0
Other Income	$104,807	8.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$450,500	86.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,129,392
Total Liabilities	$0
Net Assets	$8,129,392

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2014

Revenue

$410,688

Expenses

$442,488

Net Income

-$31,800

Net Assets

$7,457,099

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100,076	24.4%
Interest Revenue	$0
Dividends	$156,156	38.0%
Sales of Assets	$113,221	27.6%
Other Income	$41,235	10.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$380,600	86.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,457,099
Total Liabilities	$0
Net Assets	$7,457,099

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2013

Revenue

$2,888,792

Expenses

$351,860

Net Income

$2,536,932

Net Assets

$7,489,799

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,675,000	92.6%
Interest Revenue	$0
Dividends	$131,160	4.5%
Sales of Assets	$70,358	2.4%
Other Income	$12,274	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$300,900	85.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,489,799
Total Liabilities	$0
Net Assets	$7,489,799

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Revenue

$382,367

Expenses

$296,217

Net Income

$86,150

Net Assets

$4,952,867

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$211,000	55.2%
Interest Revenue	$0
Dividends	$137,013	35.8%
Sales of Assets	$1,355	0.4%
Other Income	$32,999	8.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$255,950	86.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,952,867
Total Liabilities	$0
Net Assets	$4,952,867

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$442,313

Expenses

$269,466

Net Income

$172,847

Net Assets

$4,870,050

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$250,000	56.5%
Interest Revenue	$0
Dividends	$122,627	27.7%
Sales of Assets	$54,614	12.3%
Other Income	$15,072	3.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$268,207	99.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,870,050
Total Liabilities	$0
Net Assets	$4,870,050

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Sept.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Sept.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Reco Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.92M (2023)

Expenses $637k (2023)

Total Assets $11.1M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Sept. 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Sept. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Sept. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Sept. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Sept. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Sept. 2010

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Sept. 2009

Revenue

$2.92M (2023)

Expenses

$637k (2023)

Total Assets

$11.1M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004

Fiscal Year Ending Sept.
2003

Fiscal Year Ending Sept.
2002

Fiscal Year Ending Sept.
2001