Westminster-canterbury On Chesapeake Bay Foundation
Only null% goes to programs Strong reserves
Westminster-canterbury On Chesapeake Bay Foundation is a 501(c)(3) organization based in Virginia Beach, Virginia, registered in 1993, with $2,320,478 in FY2023 revenue. CharityIndex grades it C+.
3100 Shore Drive, Virginia Beach, VA, 23451 EIN 54-1666603 Since 1993
Revenue (FY2023)
$2.3M
▲ 23.3% vs prior year
Health median: $840K
Expenses (FY2023)
$2.7M
Net assets
$19.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Westminster-canterbury On Chesapeake Bay Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating86 mo reserves · -18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Westminster-canterbury On Chesapeake Bay Foundation: 86 mo reserves · -18% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Westminster-canterbury On Chesapeake Bay Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Westminster-canterbury On Chesapeake Bay Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3100 Shore Drive, Virginia Beach, VA, 23451
- City
- Virginia Beach
- State
- Virginia
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue declined from $2.6M (FY2014) to $2.3M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $782KNet assets $19.7M
Operating margin
-18.4%
Spent more than it raised in the latest fiscal year.
Total assets
$20.5M
Total liabilities
$782K
Net assets
$19.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,320,478▲23.3% | $2,747,222▲72.7% | $19,704,831▲18.2% | $20,487,084▲20.2% | 990 |
| 2022 | $1,881,536▼16.9% | $1,590,634▼13.9% | $16,673,437▲10.7% | $17,047,587▲10.1% | 990 |
| 2021 | $2,265,269▼10.9% | $1,846,697▲10.2% | $15,058,516▼16.6% | $15,480,575▼16.4% | 990 |
| 2020 | $2,543,603▲63.9% | $1,676,244▼20.3% | $18,057,118▲18.8% | $18,519,890▲16.9% | 990 |
| 2019 | $1,552,009▼64.8% | $2,104,395▼1.1% | $15,199,235▲2.2% | $15,840,694▲1.7% | 990 |
| 2018 | $4,404,751▲132% | $2,128,703▲3.0% | $14,875,338▼6.4% | $15,573,179▼5.3% | 990 |
| 2017 | $1,902,290▼16.9% | $2,067,610▼6.9% | $15,897,639▲10.8% | $16,441,871▲2.1% | 990 |
| 2016 | $2,288,294▼12.1% | $2,221,163▲83.4% | $14,351,381▲9.4% | $16,105,712▲15.5% | 990 |
| 2015 | $2,604,401▲1.4% | $1,210,910▼11.6% | $13,113,518▲22.2% | $13,944,319▲19.4% | 990 |
| 2014 | $2,569,306 | $1,369,496▲23.5% | $10,731,692▼1.9% | $11,677,522▼2.6% | 990 |
| 2012 | — | $1,109,055▼12.4% | $10,939,442▲13.2% | $11,985,837▲13.1% | 990 |
| 2011 | — | $1,265,370▼6.8% | $9,661,521▲15.4% | $10,599,304▲16.6% | 990 |
| 2010 | — | $1,358,182▼4.9% | $8,372,886▼10.0% | $9,094,089▼9.4% | 990 |
| 2009 | — | $1,427,749 | $9,305,427 | $10,036,384 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $116K total
10 grants to Westminster-canterbury On Chesapeake Bay Foundation totaling $116K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Public, societal benefit | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $6,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $5,250 |
| National Christian Charitable Foundation | Support | 2022 | $10,000 |
| National Christian Charitable Foundation | Support | 2022 | $10,000 |
| Westminster-canterbury On Chesapeake Bay | Transfer of gifts to related organization | 2021 | $33,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,500 |
| Westminster-canterbury On Chesapeake Bay | Transfer of gifts to related organization | 2020 | $17,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $11,500 |
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Frequently asked questions
- Is Westminster-canterbury On Chesapeake Bay Foundation a legitimate nonprofit?
- Yes. Westminster-canterbury On Chesapeake Bay Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1666603, based in Virginia Beach, Virginia. Donations are tax-deductible.
- What is Westminster-canterbury On Chesapeake Bay Foundation's EIN?
- Westminster-canterbury On Chesapeake Bay Foundation's Employer Identification Number (EIN) is 54-1666603.
- How much revenue does Westminster-canterbury On Chesapeake Bay Foundation report?
- Westminster-canterbury On Chesapeake Bay Foundation reported $2,320,478 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Westminster-canterbury On Chesapeake Bay Foundation have?
- CharityIndex grades Westminster-canterbury On Chesapeake Bay Foundation C+, based on financial health (reserves and operating margin).
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Data for Westminster-canterbury On Chesapeake Bay Foundation (EIN 54-1666603) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.