Civic Intelligence

Alfred St Baptist Church Foun

EIN 13-4245463 • 501(c)3 • Alexandria, VA

Profile

See Stmt 1

325 S Patrick StreetAlexandria, VA 22314

www.alfredstreet.org/foundatio

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

81st percentile

32%

Higher net margin than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

66th percentile

10%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

18%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,145,097

Up $288,934 (+10%) from 2023

Liabilities

Flat

$2,600

Flat from 2023

Net Assets

Up

$3,142,497

Up $288,934 (+10%) from 2023

Revenue

Up

$881,431

Up $133,843 (+18%) from 2023

Expenses

Down

$599,245

Down $24,633 (-3.9%) from 2023

Net Income

Up

$282,186

Up $158,476 (+128%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $461,242Liabilities 2010: $56,400Net Assets 2010: $404,8422010Assets 2011: $611,379Liabilities 2011: $56,112Net Assets 2011: $555,2672011Assets 2012: $642,327Liabilities 2012: $39,150Net Assets 2012: $603,1772012Assets 2013: $643,615Liabilities 2013: $21,150Net Assets 2013: $622,4652013Assets 2014: $678,909Liabilities 2014: $1,900Net Assets 2014: $677,0092014Assets 2015: $741,577Liabilities 2015: $3,400Net Assets 2015: $738,1772015Assets 2016: $772,275Liabilities 2016: $3,845Net Assets 2016: $768,4302016Assets 2017: $967,162Liabilities 2017: $4,448Net Assets 2017: $962,7142017Assets 2018: $1,022,355Liabilities 2018: $2,350Net Assets 2018: $1,020,0052018Assets 2019: $1,237,364Liabilities 2019: $2,125Net Assets 2019: $1,235,2392019Assets 2020: $1,626,696Liabilities 2020: $4,625Net Assets 2020: $1,622,0712020Assets 2021: $2,507,194Liabilities 2021: $2,600Net Assets 2021: $2,504,5942021Assets 2022: $2,589,747Liabilities 2022: $2,600Net Assets 2022: $2,587,1472022Assets 2023: $2,856,163Liabilities 2023: $2,600Net Assets 2023: $2,853,5632023Assets 2024: $3,145,097Liabilities 2024: $2,600Net Assets 2024: $3,142,4972024

Highlighted filing

2024

Assets$3,145,097
Liabilities$2,600
Net Assets$3,142,497

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $110,4172010Revenue 2011: $239,179Expenses 2011: $89,155Net Income 2011: $150,0242011Expenses 2012: $83,5202012Revenue 2013: $120,870Expenses 2013: $101,582Net Income 2013: $19,2882013Revenue 2014: $177,246Expenses 2014: $122,702Net Income 2014: $54,5442014Revenue 2015: $207,472Expenses 2015: $132,524Net Income 2015: $74,9482015Revenue 2016: $200,085Expenses 2016: $163,897Net Income 2016: $36,1882016Revenue 2017: $388,084Expenses 2017: $178,674Net Income 2017: $209,4102017Revenue 2018: $432,554Expenses 2018: $331,775Net Income 2018: $100,7792018Revenue 2019: $555,580Expenses 2019: $337,182Net Income 2019: $218,3982019Revenue 2020: $601,734Expenses 2020: $253,550Net Income 2020: $348,1842020Revenue 2021: $487,238Expenses 2021: $442,782Net Income 2021: $44,4562021Revenue 2022: $489,923Expenses 2022: $730,832Net Income 2022: -$240,9092022Revenue 2023: $747,588Expenses 2023: $623,878Net Income 2023: $123,7102023Revenue 2024: $881,431Expenses 2024: $599,245Net Income 2024: $282,1862024

Highlighted filing

2024

Revenue$881,431
Expenses$599,245
Net Income$282,186

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.15$0.00$3.14$0.88$0.60$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$0.00$2.85$0.75$0.62$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$0.00$2.59$0.49$0.73$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.51$0.00$2.50$0.49$0.44$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.00$1.62$0.60$0.25$0.35
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.56$0.34$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.00$1.02$0.43$0.33$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.96$0.39$0.18$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.00$0.77$0.20$0.16$0.04
2015Summary only. Only limited summary data is available for this year.$0.74$0.00$0.74$0.21$0.13$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.18$0.12$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.64$0.02$0.62$0.12$0.10$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.04$0.60$0.08
2011Summary only. Only limited summary data is available for this year.$0.61$0.06$0.56$0.24$0.09$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.06$0.40$0.11
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 2, 2022
Return Version
2021v4.1
Gross Receipts
$500,449
Mission and Program Overview

Mission

The Foundation awards college scholarships to deserving students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$696,164$1,040,073▲ $343,909
Investments Program Related$631,623$671,303▲ $39,680
Cash and Non-Interest-Bearing Accounts$42,637$337,668▲ $295,031
Land, Buildings, and Equipment, Net$251,532$242,256▼ $9,276
Accounts Receivable$4,100$210,100▲ $206,000
Prepaid Expenses and Deferred Charges$640$5,794▲ $5,154
Total Assets$1,626,696$2,507,194▲ $880,498
Liabilities
Accounts Payable and Accrued Expenses$4,600--
Escrow Account Liability-$2,600-
Unsecured Notes Loans Payable$25--
Total Liabilities$4,625$2,600▼ $2,025
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,790,628$2,422,276▲ $631,648
Net Assets Without Donor Restrictions$-168,557$82,318▲ $250,875
Total Net Assets Fund Balance$1,622,071$2,504,594▲ $882,523
Total Liabilities and Net Assets / Fund Balance$1,626,696$2,507,194▲ $880,498

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$300-$300
Investment Program Related Org$671,303--
Buildings$134,056$129,276-
Land$107,900--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$724,605$1,262,008▲ $89,275-$2,026,888
2020$595,994$102,500▲ $36,639-$724,605
2019$463,801$97,650▲ $52,512-$595,994
2018$414,150$22,000▲ $35,651-$463,801
2017$236,677$153,541▲ $31,932-$414,150
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patricia WallacePresident
Alton WallaceVice President
Julia GibbsVice President
Calvin MinorDirector
David TempleDirector
Georgia BookerDirector
Muriel GarrDirector
Pamm McNeilDirector
Shelvee OsborneDirector
Syrinda PaigeDirector
Jhon McKnightAssistant Treasurer
Patricia JohnsonSecretary
Terrill GarrisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$382,800
Program Service Revenue
$2,001
Investment Income
$91,422
Other Revenue
$11,015
All Other Contributions
$312,068
Change in Net Assets
$44,456
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$386,946
Other Expenses$55,836
Total Fundraising Expense$350
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$386,946--$386,946
Depreciation Depletion$0$9,576$0$9,576
Fees for Services Accounting$0$8,000$0$8,000
Fees for Service Investment Mgmnt Fees$0$6,513$0$6,513
All Other Expenses$0$4,855$0$4,855
Advertising$0$2,237$350$2,587
Other Expenses$0$1,703$0$1,703
Insurance$0$1,110$0$1,110
Information Technology$0$485$0$485
Fees for Services Legal$0$25$0$25
Total Functional Expenses$386,946$55,486$350$442,782
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Alfred Street Baptist Church Foundation
EIN
13-4245463
Phone
3016832222
Address
325 S Patrick Street, Alexandria, VA 22314

Signing Officer

Name
Jhon McKnight
Title
Treasurer
Phone
3016832222
Signed
2022-11-02

Organization Details

Principal Officer
Patricia Wallace
Formed
2002
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
41
Supplemental Narrative

Additional Explanations

Pt VI, Line 5

The documents and financial statements are available to public upon request.

Pt VI, Line 11B

990 is forwarded by email to all Board members for review.

Financial Statement Notes

Pt IV, Line 2B

The ASBC Foundation holds a $2,600 security deposit for a tenant of its rental property.

Pt V, Line 4

The Foundation intends to maintain the principal of the endowments and award scholarships from the earnings.

Raw XML AppendixShowing 400 of 492 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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IRS990/BooksInCareOfDetail/PhoneNum07038681139
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0325 S Patrick St
IRS990/BooksInCareOfDetail/USAddress/CityNm0Alexandria
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd022314
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IRS990/BusinessRlnWithFamMemInd0false
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IRS990/ChangeToOrgDocumentsInd0false
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IRS990/CompensationProcessCEOInd0false
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IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
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IRS990/CYTotalRevenueAmt0487238
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IRS990/ForeignActivitiesInd0false
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IRS990/Form1098CFiledInd0false
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/PersonNm0Patricia Wallace
IRS990/Form990PartVIISectionAGrp/PersonNm1Julia Gibbs
IRS990/Form990PartVIISectionAGrp/PersonNm2Terrill Garrison
IRS990/Form990PartVIISectionAGrp/PersonNm3Patricia Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm4Calvin Minor
IRS990/Form990PartVIISectionAGrp/PersonNm5Georgia Booker
IRS990/Form990PartVIISectionAGrp/PersonNm6Alton Wallace
IRS990/Form990PartVIISectionAGrp/PersonNm7David Temple
IRS990/Form990PartVIISectionAGrp/PersonNm8Shelvee Osborne
IRS990/Form990PartVIISectionAGrp/PersonNm9Muriel Garr
IRS990/Form990PartVIISectionAGrp/PersonNm10Pamm McNeil
IRS990/Form990PartVIISectionAGrp/PersonNm11Jhon McKnight
IRS990/Form990PartVIISectionAGrp/PersonNm12Syrinda Paige
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Assistant Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
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IRS990/OtherExpensesGrp/FundraisingAmt30
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21238
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0300
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