Civic Intelligence

Battersea Foundation

990 • Fiscal year 2021 • EIN 20-5404217

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

PO Box 101Petersburg, VA 23804

(804) 732-9882

Siviq Scores

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

Liabilities / Assets

59th percentile

0.12x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

1.38x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

89th percentile

55%

Higher net margin than 89% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

42nd percentile

5.8%

Faster asset growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-46%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,235,748

Up $68,002 (+5.8%) from 2020

Net Assets

Up

$1,083,999

Up $60,682 (+5.9%) from 2020

Liabilities

Up

$151,749

Up $7,320 (+5.1%) from 2020

Revenue

Down

$110,024

Down $93,826 (-46%) from 2020

Expenses

Down

$49,342

Down $5,779 (-10%) from 2020

Net Income

Down

$60,682

Down $88,047 (-59%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $402,853Liabilities 2011: $114,976Net Assets 2011: $287,8772011Assets 2012: $538,219Liabilities 2012: $107,625Net Assets 2012: $430,5942012Assets 2013: $493,800Liabilities 2013: $124,408Net Assets 2013: $369,3922013Assets 2014: $618,621Liabilities 2014: $100,109Net Assets 2014: $518,5122014Assets 2015: $697,664Liabilities 2015: $95,382Net Assets 2015: $602,2822015Assets 2016: $792,668Liabilities 2016: $93,288Net Assets 2016: $699,3802016Assets 2017: $899,517Liabilities 2017: $90,658Net Assets 2017: $808,8592017Assets 2018: $922,793Liabilities 2018: $88,195Net Assets 2018: $834,5982018Assets 2019: $960,482Liabilities 2019: $85,894Net Assets 2019: $874,5882019Assets 2020: $1,167,746Liabilities 2020: $144,429Net Assets 2020: $1,023,3172020Assets 2021: $1,235,748Liabilities 2021: $151,749Net Assets 2021: $1,083,9992021Assets 2022: $1,483,841Liabilities 2022: $161,749Net Assets 2022: $1,322,0922022Assets 2023: $1,460,493Liabilities 2023: $0Net Assets 2023: $1,460,4932023Assets 2024: $1,552,696Liabilities 2024: $13,246Net Assets 2024: $1,539,4502024

Highlighted filing

2021

Assets$1,235,748
Liabilities$151,749
Net Assets$1,083,999

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $167,1842011Expenses 2012: $134,3152012Revenue 2013: $78,292Expenses 2013: $113,379Net Income 2013: -$35,0872013Revenue 2014: $201,737Expenses 2014: $52,617Net Income 2014: $149,1202014Revenue 2015: $153,829Expenses 2015: $70,059Net Income 2015: $83,7702015Revenue 2016: $160,576Expenses 2016: $63,478Net Income 2016: $97,0982016Revenue 2017: $205,622Expenses 2017: $96,143Net Income 2017: $109,4792017Revenue 2018: $80,148Expenses 2018: $54,409Net Income 2018: $25,7392018Revenue 2019: $108,480Expenses 2019: $68,490Net Income 2019: $39,9902019Revenue 2020: $203,850Expenses 2020: $55,121Net Income 2020: $148,7292020Revenue 2021: $110,024Expenses 2021: $49,342Net Income 2021: $60,6822021Revenue 2022: $353,194Expenses 2022: $115,101Net Income 2022: $238,0932022Revenue 2023: $169,625Expenses 2023: $111,987Net Income 2023: $57,6382023Revenue 2024: $229,743Expenses 2024: $150,786Net Income 2024: $78,9572024

Highlighted filing

2021

Revenue$110,024
Expenses$49,342
Net Income$60,682
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$126,129
Mission and Program Overview

Mission

The mission of battersea foundation is to purchase and preserve historic battersea and offer educational, artistic and cultural experiences that inform, enrich and inspire the public.

To promote the preservation and protection of battersea, built in 1768 located in the city of petersburg.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,153,323$1,193,104▲ $39,781
Cash and Non-Interest-Bearing Accounts$14,423$42,644▲ $28,221
Total Assets$1,167,746$1,235,748▲ $68,002
Liabilities
Mortgage Notes Payable Secured by Investment Property$144,429$151,749▲ $7,320
Total Liabilities$144,429$151,749▲ $7,320
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,023,317$1,083,999▲ $60,682
Total Net Assets Fund Balance$1,023,317$1,083,999▲ $60,682
Total Liabilities and Net Assets / Fund Balance$1,167,746$1,235,748▲ $68,002

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,193,104-$1,193,104
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alexander C GrahamPresident
John J ZeugnerVice President
Bonnie DavisBoard Member
Carthan CurrinBoard Member
Dr Anne J AtkinsonBoard Member
Dr William G FitzhughBoard Member
Garland BigleyBoard Member
George RoperBoard Member
Harry J Warthen IiiBoard Member
Jeffrey T PowersBoard Member
John StallingBoard Member
Keith MackayBoard Member
Leroy J EssigBoard Member
Marilyn WalkerBoard Member
Mark FrazierBoard Member
Martha BurtonBoard Member
Richard TaylorBoard Member
Sam ParhamBoard Member
Vernon PowellBoard Member
William FitzhughBoard Member
Virginia R BelcherTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$92,808
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$17,215
All Other Contributions
$92,808
Change in Net Assets
$60,682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,342
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$10,337--$10,337
Interest-$9,463-$9,463
Insurance-$8,720-$8,720
Fees for Services Other$2,900--$2,900
Office Expenses$1,239--$1,239
Other Expenses$135$440-$135
All Other Expenses-$126-$126
Total Functional Expenses$30,593$18,749$0$49,342
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,320
Fundraising Direct Expenses$16,105
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Oyster Roast$9,200$9,200$14,000$-4,800
Holiday Tour$8,800$8,800$900$7,900
Total Events$33,320$33,320$16,105$17,215
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
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization's form 990 is prepared by the treasurer and reviewed by the president prior to filing the return.

Form 990, Part VI, Section B, Line 12C

The foundation requires all board members to sign a conflict of interest policy each year and disclose any potential conficts of interest. Any officer, director or key employee who has a conflict of interest will be excused from all discussions and voting on any matters relevant to the conflict of interest.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Battersea Foundation
EIN
20-5404217
Phone
8047329882
Address
PO BOX 101, PETERSBURG, VA 23804

Signing Officer

Name
Virginia R Belcher
Title
Treasurer
Phone
8047329882
Signed
2022-11-11

Organization Details

Principal Officer
Virginia R Belcher
Formed
2006
Legal Domicile
Va
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
0
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF BATTERSEA FOUNDATION IS TO PURCHASE AND PRESERVE HISTORIC BATTERSEA AND OFFER EDUCATIONAL, ARTISTIC AND CULTURAL EXPERIENCES THAT INFORM, ENRICH AND INSPIRE THE PUBLIC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0144429
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0151749
IRS990/NetAssetsOrFundBalancesBOYAmt01023317
IRS990/NetAssetsOrFundBalancesEOYAmt01083999
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt017215
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt017215
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01023317
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01083999
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01239
IRS990/OfficeExpensesGrp/TotalAmt01239
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1PROPERTY MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3SECURITY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0440
IRS990/OtherExpensesGrp/ProgramServicesAmt011143
IRS990/OtherExpensesGrp/ProgramServicesAmt13000
IRS990/OtherExpensesGrp/ProgramServicesAmt21839
IRS990/OtherExpensesGrp/ProgramServicesAmt3135
IRS990/OtherExpensesGrp/TotalAmt011143
IRS990/OtherExpensesGrp/TotalAmt13000
IRS990/OtherExpensesGrp/TotalAmt22279
IRS990/OtherExpensesGrp/TotalAmt3135
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0VIRGINIA R BELCHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0199363
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt055121
IRS990/PYOtherRevenueAmt04485
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0148729
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt055121
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0203850
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt060682
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt092808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0199363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt097363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0187254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0653688
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt071470
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.45400
IRS990ScheduleA/PublicSupportPY170Pct00.55530
IRS990ScheduleA/PublicSupportTotal170Amt0296770
IRS990ScheduleA/SubstantialContributorsTotAmt0356918
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt092808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0199363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt097363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt076900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0187254
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0653688
IRS990ScheduleA/TotalSupportAmt0653704
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01193104
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01193104
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01193104
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016105
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0OYSTER ROAST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0HOLIDAY TOUR
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt09200
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt015320
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt033320
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09200
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt015320
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt033320
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017215
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01205
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016105
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt014000
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0900
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FORM 990 IS PREPARED BY THE TREASURER AND REVIEWED BY THE PRESIDENT PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION REQUIRES ALL BOARD MEMBERS TO SIGN A CONFLICT OF INTEREST POLICY EACH YEAR AND DISCLOSE ANY POTENTIAL CONFICTS OF INTEREST. ANY OFFICER, DIRECTOR OR KEY EMPLOYEE WHO HAS A CONFLICT OF INTEREST WILL BE EXCUSED FROM ALL DISCUSSIONS AND VOTING ON ANY MATTERS RELEVANT TO THE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01167746
IRS990/TotalAssetsEOYAmt01235748
IRS990/TotalAssetsGrp/BOYAmt01167746
IRS990/TotalAssetsGrp/EOYAmt01235748
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt092808
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018749

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.01$1.54$0.23$0.15$0.08
2023Summary only. Only limited summary data is available for this year.$1.46$0.00$1.46$0.17$0.11$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.16$1.32$0.35$0.12$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.24$0.15$1.08$0.11$0.05$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.14$1.02$0.20$0.06$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.09$0.87$0.11$0.07$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.09$0.83$0.08$0.05$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.09$0.81$0.21$0.10$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.09$0.70$0.16$0.06$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.10$0.60$0.15$0.07$0.08
2014Summary only. Only limited summary data is available for this year.$0.62$0.10$0.52$0.20$0.05$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.49$0.12$0.37$0.08$0.11$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.11$0.43$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.11$0.29$0.17