Civic Intelligence

Faithworks Inc

990EZ • Fiscal year 2016 • EIN 01-0551546

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

26 West Boscawen Street No A-201Winchester, VA 22601

(540) 313-7682

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

0.94x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

2.63x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

55th percentile

4.6%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

98%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$364,213

Up $15,864 (+4.6%) from 2015

Net Assets

Up

$22,894

Up $9,545 (+72%) from 2015

Liabilities

Up

$341,319

Up $6,319 (+1.9%) from 2015

Revenue

Up

$129,938

Up $64,446 (+98%) from 2015

Expenses

Up

$115,061

Up $44,985 (+64%) from 2015

Net Income

Up

$14,877

Up $19,461 (+425%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0-$100KAssets 2010: $4,596Liabilities 2010: $29,593Net Assets 2010: -$24,9972010Assets 2011: $3,958Liabilities 2011: $1,4322011Assets 2014: $18,009Liabilities 2014: $76Net Assets 2014: $17,9332014Assets 2015: $348,349Liabilities 2015: $335,000Net Assets 2015: $13,3492015Assets 2016: $364,213Liabilities 2016: $341,319Net Assets 2016: $22,8942016Assets 2017: $260,534Liabilities 2017: $178,803Net Assets 2017: $81,7312017Assets 2018: $233,563Liabilities 2018: $177,907Net Assets 2018: $55,6562018Assets 2019: $32,624Liabilities 2019: $5,558Net Assets 2019: $27,0662019Assets 2020: $52,272Liabilities 2020: $4,971Net Assets 2020: $47,3012020Assets 2021: $64,926Liabilities 2021: $10,566Net Assets 2021: $54,3602021Assets 2022: $18,501Liabilities 2022: $0Net Assets 2022: $18,5012022Assets 2023: $26,763Liabilities 2023: $0Net Assets 2023: $26,7632023Assets 2024: $56,933Liabilities 2024: $0Net Assets 2024: $56,9332024

Highlighted filing

2016

Assets$364,213
Liabilities$341,319
Net Assets$22,894

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $256,0872010Revenue 2011: $68,860Expenses 2011: $41,139Net Income 2011: $27,7212011Revenue 2014: $139,853Expenses 2014: $130,052Net Income 2014: $9,8012014Revenue 2015: $65,492Expenses 2015: $70,076Net Income 2015: -$4,5842015Revenue 2016: $129,938Expenses 2016: $115,061Net Income 2016: $14,8772016Revenue 2017: $178,738Expenses 2017: $119,901Net Income 2017: $58,8372017Revenue 2018: $149,235Expenses 2018: $175,310Net Income 2018: -$26,0752018Revenue 2019: $168,098Expenses 2019: $196,688Net Income 2019: -$28,5902019Revenue 2020: $562,968Expenses 2020: $542,733Net Income 2020: $20,2352020Revenue 2021: $473,737Expenses 2021: $466,678Net Income 2021: $7,0592021Revenue 2022: $230,860Expenses 2022: $266,719Net Income 2022: -$35,8592022Revenue 2023: $258,053Expenses 2023: $249,791Net Income 2023: $8,2622023Revenue 2024: $329,503Expenses 2024: $299,333Net Income 2024: $30,1702024

Highlighted filing

2016

Revenue$129,938
Expenses$115,061
Net Income$14,877
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$129,938
Mission and Program Overview

Mission

The organization offers community development, housing and related financial support services to address the needs of low income and homeless individuals in the northern shenandoah valley.

Program Services

DescriptionGrantsExpenses
OFFER FINANCIAL ASSISTANCE AND SUPPORT SERVICES TO ADDRESS THE NEED FOR STABLE, SAFE, AFFORDABLE, PERMANENT HOUSING FOR LOW INCOME AND HOMELESS INDIVIDUALS AND FAMILIES IN OUR COMMUNITY.$127,959$105,298
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT O BOULTERPresident-$0--
KAREN ANDERSON HOLMANDirector-$0--
C CLARK JONESDirector-$0--
RANDAL MOONDirector-$0--
SUSAN NEWTON RHODESDirector-$0--
BARBARA PERKINSDirector-$0--
EDWARD QUINNDirector-$0--
REYNARD RAMSEYDirector-$0--
JOAN BURKEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Faithworks Inc
EIN
01-0551546
Phone
5403137682
Address
26 WEST BOSCAWEN STREET NO A-201, WINCHESTER, VA 22601

Signing Officer

Name
Robert O Boulter
Title
President
Phone
5403137682
Signed
2017-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Rutherford & Johnson Pc
Address
116 MEDICAL CIRCLE, WINCHESTER, VA 22601
Preparer
Brian P Davet
Phone
5406627070
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 183. Description: other expenses. Amount: 414. Total to form 990-ez, line 14: 597.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: business registration fee. Amount: 226. Description: insurance. Amount: 1,402. Description: miscellaneous. Amount: 10. Description: office supplies. Amount: 630. Total to form 990-ez, line 16: 2,268.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior year adjustment. Amount: -5,332.

Form 990-ez, Part II, Line 24 - Other Assets

Description: grant receivable. Beg. Of year amount: 3,750. End of year amount: 12,035. Description: prepaid insurance. Beg. Of year amount: 1,400. End of year amount: 312. Description: notes receivable. Beg. Of year amount: 335,000. End of year amount: 335,000. Description: inventory. Beg. Of year amount: 1,850. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 988. End of year amount: 411.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accrued payroll. Beg. Of year amount: 0. End of year amount: 323. Description: payroll liabilities. Beg. Of year amount: 0. End of year amount: 1,609. Description: deferred revenue. Beg. Of year amount: 0. End of year amount: 4,009. Description: notes payable. Beg. Of year amount: 335,000. End of year amount: 335,000. Description: accounts payable. Beg. Of year amount: 0. End of year amount: 378.

Raw XML Appendix191 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT O BOULTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAREN ANDERSON HOLMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2C CLARK JONES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RANDAL MOON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SUSAN NEWTON RHODES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BARBARA PERKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6EDWARD QUINN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7REYNARD RAMSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JOAN BURKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION OFFERS COMMUNITY DEVELOPMENT, HOUSING AND RELATED FINANCIAL SUPPORT SERVICES TO ADDRESS THE NEEDS OF LOW INCOME AND HOMELESS INDIVIDUALS IN THE NORTHERN SHENANDOAH VALLEY.
IRS990EZ/PrintingPublicationsPostageAmt043
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IRS990EZ/SchoolOperatingInd00
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0206832
IRS990ScheduleA/TotalSupportAmt0206843
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 183. DESCRIPTION: OTHER EXPENSES. AMOUNT: 414. TOTAL TO FORM 990-EZ, LINE 14: 597.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BUSINESS REGISTRATION FEE. AMOUNT: 226. DESCRIPTION: INSURANCE. AMOUNT: 1,402. DESCRIPTION: MISCELLANEOUS. AMOUNT: 10. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 630. TOTAL TO FORM 990-EZ, LINE 16: 2,268.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PRIOR YEAR ADJUSTMENT. AMOUNT: -5,332.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: GRANT RECEIVABLE. BEG. OF YEAR AMOUNT: 3,750. END OF YEAR AMOUNT: 12,035. DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 1,400. END OF YEAR AMOUNT: 312. DESCRIPTION: NOTES RECEIVABLE. BEG. OF YEAR AMOUNT: 335,000. END OF YEAR AMOUNT: 335,000. DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 1,850. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 988. END OF YEAR AMOUNT: 411.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCRUED PAYROLL. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 323. DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,609. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,009. DESCRIPTION: NOTES PAYABLE. BEG. OF YEAR AMOUNT: 335,000. END OF YEAR AMOUNT: 335,000. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 378.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT O BOULTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05403137682
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAITHWORKS INC
ReturnHeader/Filer/BusinessNameControlTxt0FAIT
ReturnHeader/Filer/EIN0010551546
ReturnHeader/Filer/PhoneNum05403137682
ReturnHeader/Filer/USAddress/AddressLine1Txt026 WEST BOSCAWEN STREET NO A-201
ReturnHeader/Filer/USAddress/CityNm0WINCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022601
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.145.197.213
ReturnHeader/FilingSecurityInformation/IPDt02017-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm012:44:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541782073
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUTHERFORD & JOHNSON PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0116 MEDICAL CIRCLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022601
ReturnHeader/PreparerPersonGrp/PhoneNum05406627070
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN P DAVET
ReturnHeader/ReturnTs02017-11-15T12:42:02-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$3.30$2.99$0.30
2023Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$2.58$2.50$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.00$0.19$2.31$2.67$0.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.11$0.54$4.74$4.67$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.05$0.47$5.63$5.43$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.06$0.27$1.68$1.97$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$1.78$0.56$1.49$1.75$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$1.79$0.82$1.79$1.20$0.59
2016Detailed filing. Detailed filing data is available for this year.$3.64$3.41$0.23$1.30$1.15$0.15
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.48$3.35$0.13$0.65$0.70$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$1.40$1.30$0.10
2011Summary only. Only limited summary data is available for this year.$0.04$0.01$0.69$0.41$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.30$0.25$2.56