Civic Intelligence

Boaz and Ruth Inc.

990 • Fiscal year 2016 • EIN 03-0376726

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 24, 2017

3030 Meadowbridge RoadRichmond, VA 23222

(804) 329-4900

Siviq Scores

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

Liabilities / Assets

78th percentile

0.47x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

1.36x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

83rd percentile

24%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

47th percentile

$57,509

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

4th percentile

-30%

Faster asset growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

9.1%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,815,583

Down $772,744 (-30%) from 2015

Net Assets

Down

$966,329

Down $668,507 (-41%) from 2015

Liabilities

Down

$849,254

Down $104,237 (-11%) from 2015

Revenue

Up

$626,101

Up $52,257 (+9.1%) from 2015

Expenses

Down

$475,906

Down $87,728 (-16%) from 2015

Net Income

Up

$150,195

Up $139,985 (+1371%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,604,533Liabilities 2010: $1,804,743Net Assets 2010: $1,799,7902010Assets 2011: $3,480,419Liabilities 2011: $1,708,650Net Assets 2011: $1,771,7692011Assets 2012: $3,865,637Liabilities 2012: $1,837,931Net Assets 2012: $2,027,7062012Assets 2013: $3,488,655Liabilities 2013: $1,806,997Net Assets 2013: $1,681,6582013Assets 2014: $3,357,084Liabilities 2014: $1,732,458Net Assets 2014: $1,624,6262014Assets 2015: $2,588,327Liabilities 2015: $953,491Net Assets 2015: $1,634,8362015Assets 2016: $1,815,583Liabilities 2016: $849,254Net Assets 2016: $966,3292016Assets 2017: $1,815,147Liabilities 2017: $810,555Net Assets 2017: $1,004,5922017Assets 2018: $1,674,893Liabilities 2018: $775,186Net Assets 2018: $899,7072018Assets 2019: $1,932,813Liabilities 2019: $796,005Net Assets 2019: $1,136,8082019Assets 2020: $1,739,483Liabilities 2020: $688,729Net Assets 2020: $1,050,7542020Assets 2021: $1,787,774Liabilities 2021: $252,540Net Assets 2021: $1,535,2342021Assets 2022: $1,775,534Liabilities 2022: $234,313Net Assets 2022: $1,541,2212022Assets 2023: $1,663,697Liabilities 2023: $233,828Net Assets 2023: $1,429,8692023Assets 2024: $1,491,805Liabilities 2024: $20,787Net Assets 2024: $1,471,0182024

Highlighted filing

2016

Assets$1,815,583
Liabilities$849,254
Net Assets$966,329

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,944,0752010Revenue 2011: $1,953,989Expenses 2011: $1,982,010Net Income 2011: -$28,0212011Expenses 2012: $1,639,2802012Revenue 2013: $890,177Expenses 2013: $1,143,029Net Income 2013: -$252,8522013Revenue 2014: $808,585Expenses 2014: $865,617Net Income 2014: -$57,0322014Revenue 2015: $573,844Expenses 2015: $563,634Net Income 2015: $10,2102015Revenue 2016: $626,101Expenses 2016: $475,906Net Income 2016: $150,1952016Revenue 2017: $465,089Expenses 2017: $453,152Net Income 2017: $11,9372017Revenue 2018: $425,703Expenses 2018: $495,364Net Income 2018: -$69,6612018Revenue 2019: $806,709Expenses 2019: $569,608Net Income 2019: $237,1012019Revenue 2020: $477,510Expenses 2020: $563,564Net Income 2020: -$86,0542020Revenue 2021: $611,227Expenses 2021: $588,129Net Income 2021: $23,0982021Revenue 2022: $484,698Expenses 2022: $576,478Net Income 2022: -$91,7802022Revenue 2023: $461,900Expenses 2023: $583,958Net Income 2023: -$122,0582023Revenue 2024: $674,490Expenses 2024: $585,165Net Income 2024: $89,3252024

Highlighted filing

2016

Revenue$626,101
Expenses$475,906
Net Income$150,195
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 24, 2017
Return Version
2016v3.0
Gross Receipts
$626,101
Mission and Program Overview

Mission

To enable unemployed individuals to become productive members of society

Rebuilding lives & communities through economic revitalization, job training & relationships

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,275,210$1,418,855▼ $856,355
Cash and Non-Interest-Bearing Accounts$185,361$319,079▲ $133,718
Accounts Receivable$52,335$18,864▼ $33,471
Total Assets$2,588,327$1,815,583▼ $772,744
Other Assets Total$75,421$58,785▼ $16,636
Liabilities
Mortgage Notes Payable Secured by Investment Property$805,088$772,299▼ $32,789
Deferred Revenue$50,591$45,712▼ $4,879
Other Liabilities$14,038$18,718▲ $4,680
Accounts Payable and Accrued Expenses$83,774$12,525▼ $71,249
Total Liabilities$953,491$849,254▼ $104,237
Net Assets / Fund Balance
Unrestricted Net Assets$1,600,874$932,367▼ $668,507
Temporarily Rstr Net Assets$33,962$33,962→ $0
Total Net Assets Fund Balance$1,634,836$966,329▼ $668,507
Total Liabilities and Net Assets / Fund Balance$2,588,327$1,815,583▼ $772,744

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,365,000-$1,365,000
Land$404,740-$404,740
Equipment$71,716-$71,716
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Megan RollinsPresident/CEOFT$57,509$57,509

Board Members and Trustees

NameTitle
Corell MooreChair
Jo WhiteVice Chair
Dianna LoftonDirector
Ellie GottwaldDirector
H SpanglerDirector
Joanne HieskilDirector
Larry MilesDirector
Omega WilsonDirector
T MusselmanDirector
Tom EdmondsDirector
C EachoSectretary
Revenue and Support

Revenue Composition

Contributions and Grants
$424,213
Program Service Revenue
$201,781
Investment Income
$107
Other Revenue
$0
All Other Contributions
$381,695
Change in Net Assets
$150,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$264,930
Salaries, Compensation, and Employee Benefits$203,313
Total Fundraising Expense$23,841
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$117,989$10,000-$127,989
Occupancy$93,531$10,000-$103,531
Current Officers, Directors, Trustees, and Key Employees$27,509$15,000$15,000$57,509
Depreciation Depletion$47,601$1,500-$49,101
Fees for Services Accounting$19,444$10,000-$29,444
Interest$22,692$1,500-$24,192
Insurance$17,091$1,000$500$18,591
Payroll Taxes$13,973$2,401$1,441$17,815
Office Expenses$5,698$4,000$4,000$13,698
Benefits to Members$7,663--$7,663
Fees for Services Management$3,000$2,500$500$6,000
Information Technology$1,422$1,400$1,400$4,222
Other Expenses$1,178$2,000$1,000$1,178
Conferences and Meetings$166--$166
Total Functional Expenses$390,764$61,301$23,841$475,906
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$7,788
Resident Deposits$6,840
State Taxes$1,582
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

990 Part VI 11

Draft provided to bod & reviewed

990PART VI 15A

Ceo salary established by bod

990 Part VI 18

Form available upon request and posted on website

990 Part VI 19

Documents policies and financials posted on website

Filing and Contact Details

Filer

Filer Name
Boaz and Ruth Inc
EIN
03-0376726
Phone
8043294900
Address
3030 MEADOWBRIDGE ROAD, RICHMOND, VA 23222

Signing Officer

Name
Megan Rollins
Title
President CEO
Signed
2017-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Megan Rollins
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
A G Reese & Associates Pc
Address
P O BOX 12172, RICHMOND, VA 23241-0172
Preparer
Don Webb
Phone
8046493300
Supplemental Narrative

Additional Explanations

990 Part XII 2C

NO CHANGE TO PROCESS

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IRS990/OtherAssetsTotalGrp/BOYAmt075421
IRS990/OtherAssetsTotalGrp/EOYAmt058785
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2MISC
IRS990/OtherExpensesGrp/FundraisingAmt01000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02000
IRS990/OtherExpensesGrp/ProgramServicesAmt08600
IRS990/OtherExpensesGrp/ProgramServicesAmt13207
IRS990/OtherExpensesGrp/ProgramServicesAmt21178
IRS990/OtherExpensesGrp/TotalAmt08600
IRS990/OtherExpensesGrp/TotalAmt16207
IRS990/OtherExpensesGrp/TotalAmt21178
IRS990/OtherLiabilitiesGrp/BOYAmt014038
IRS990/OtherLiabilitiesGrp/EOYAmt018718
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0117989
IRS990/OtherSalariesAndWagesGrp/TotalAmt0127989
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01441
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02401
IRS990/PayrollTaxesGrp/ProgramServicesAmt013973
IRS990/PayrollTaxesGrp/TotalAmt017815
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MEGAN ROLLINS
IRS990/PriorPeriodAdjustmentsAmt0-818702
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0999999
IRS990/ProgramServiceRevenueGrp/BusinessCd1999999
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1ESTATE FURN THRIFT
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt139620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0162161
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt139620
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02403
IRS990/PYContributionsGrantsAmt0398324
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-54049
IRS990/PYOtherExpensesAmt0362265
IRS990/PYProgramServiceRevenueAmt0229569
IRS990/PYRevenuesLessExpensesAmt010210
IRS990/PYSalariesCompEmpBnftPaidAmt0198966
IRS990/PYTotalExpensesAmt0563634
IRS990/PYTotalRevenueAmt0573844
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0150195
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0244299
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0424213
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0509752
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0550596
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01052514
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02935399
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0107
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0107
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0201781
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0229569
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0298833
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0339581
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01032703
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02102467
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0107
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0107
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0625994
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0627893
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0808585
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0890177
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02085217
IRS990ScheduleA/Total509Grp/TotalAmt05037866
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0626101
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0627893
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0808585
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0890177
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02085217
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01365000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01365000
IRS990ScheduleD/EquipmentGrp/BookValueAmt071716
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071716
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt02508
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0404740
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0404740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06840
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11582
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27788
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESIDENT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1STATE TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED PAYROLL
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01841456
IRS990ScheduleD/TotalLiabilityAmt018718
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT PROVIDED TO BOD & REVIEWED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CEO SALARY ESTABLISHED BY BOD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM AVAILABLE UPON REQUEST AND POSTED ON WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS POLICIES AND FINANCIALS POSTED ON WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE TO PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990 PART VI 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990PART VI 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990 PART VI 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990 PART VI 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4990 PART XII 2C
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt003-0376726
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt103-0376726
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0BOAZ & RUTH CDC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt11213 GILES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0261490004
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1260657213
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0233979
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0DEVELOPMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1DEVELOPMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt03030 MEADOWBRIDGE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt13030 MEADOWBRIDGE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.49$0.02$1.47$0.67$0.59$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.66$0.23$1.43$0.46$0.58$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.78$0.23$1.54$0.48$0.58$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.79$0.25$1.54$0.61$0.59$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.74$0.69$1.05$0.48$0.56$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.93$0.80$1.14$0.81$0.57$0.24
2018Detailed filing. Detailed filing data is available for this year.$1.67$0.78$0.90$0.43$0.50$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.82$0.81$1.00$0.47$0.45$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.82$0.85$0.97$0.63$0.48$0.15
2015Detailed filing. Detailed filing data is available for this year.$2.59$0.95$1.63$0.57$0.56$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.36$1.73$1.62$0.81$0.87$0.06
2013Detailed filing. Detailed filing data is available for this year.$3.49$1.81$1.68$0.89$1.14$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.87$1.84$2.03$1.64
2011Summary only. Only limited summary data is available for this year.$3.48$1.71$1.77$1.95$1.98$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$1.80$1.80$1.94