Civic Intelligence

Regency Square Cluster Association C/O American Management of Virginia

990 • Fiscal year 2019 • EIN 23-7112323

Apr 01, 2018 to Mar 31, 2019 • Filed on Feb 16, 2020

7900 Sudley Road No 600Manassas, VA 20109

(703) 530-1550

Siviq Scores

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

Liabilities / Assets

40th percentile

0.02x

Higher debt load relative to assets than 40% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

61st percentile

0.20x

Higher debt load relative to revenue than 61% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Net Margin

86th percentile

43%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$1,123,246

No earlier filing loaded for comparison.

Net Assets

$1,098,937

No earlier filing loaded for comparison.

Liabilities

$24,309

No earlier filing loaded for comparison.

Revenue

$119,648

No earlier filing loaded for comparison.

Expenses

$67,968

No earlier filing loaded for comparison.

Net Income

$51,680

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2019: $1,123,246Liabilities 2019: $24,309Net Assets 2019: $1,098,9372019Assets 2020: $1,230,262Liabilities 2020: $25,644Net Assets 2020: $1,204,6182020Assets 2021: $999,763Liabilities 2021: $18,119Net Assets 2021: $981,6442021Assets 2022: $991,942Liabilities 2022: $11,686Net Assets 2022: $980,2562022Assets 2023: $979,963Liabilities 2023: $21,634Net Assets 2023: $958,3292023Assets 2024: $1,003,048Liabilities 2024: $12,506Net Assets 2024: $990,5422024Assets 2025: $1,074,795Liabilities 2025: $19,080Net Assets 2025: $1,055,7152025

Highlighted filing

2019

Assets$1,123,246
Liabilities$24,309
Net Assets$1,098,937

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2019: $119,648Expenses 2019: $67,968Net Income 2019: $51,6802019Revenue 2020: $133,879Expenses 2020: $71,322Net Income 2020: $62,5572020Revenue 2021: $141,630Expenses 2021: $346,509Net Income 2021: -$204,8792021Revenue 2022: $125,666Expenses 2022: $78,460Net Income 2022: $47,2062022Revenue 2023: $131,512Expenses 2023: $106,885Net Income 2023: $24,6272023Revenue 2024: $135,186Expenses 2024: $102,445Net Income 2024: $32,7412024Revenue 2025: $153,223Expenses 2025: $100,347Net Income 2025: $52,8762025

Highlighted filing

2019

Revenue$119,648
Expenses$67,968
Net Income$51,680
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
Feb 16, 2020
Return Version
2018v3.1
Gross Receipts
$119,648
Mission and Program Overview

Mission

To maintain the common areas of the association and the development's appearance and to enforce the covenants and restrictions as set forth in the governing documents and to assess, collect and disburse charges

Maintain the common areas of the association and enforce covenants in the governing documents

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,022,928$1,098,937▲ $76,009
Investments Program Related-$926,464-
Cash and Non-Interest-Bearing Accounts$998,402$160,001▼ $838,401
Accounts Receivable$24,526$36,457▲ $11,931
Prepaid Expenses and Deferred Charges-$324-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,022,928$1,123,246▲ $100,318
Liabilities
Accounts Payable and Accrued Expenses$0$21,840▲ $21,840
Other Liabilities$0$2,469▲ $2,469
Total Liabilities$0$24,309▲ $24,309
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,022,928$1,098,937▲ $76,009
Total Liabilities and Net Assets / Fund Balance$1,022,928$1,123,246▲ $100,318

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$723--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce AndersonPresident
Rod NewhouseExecutive Vice President
Erin HitchevVice President
George ShultzVice President
Tom PerryVice President
Clinton SigmonAssistant Secretary
George RoyalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$101,452
Investment Income
$18,196
Other Revenue
$0
Change in Net Assets
$51,680

Audited Revenue Reconciliation

Revenue per Audited Statements
$119,648
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$119,648
Total Revenue per Form 990
$119,648
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$67,968
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 Other$57,937--$57,937
Fees for Services Accounting-$3,250-$3,250
Office Expenses-$3,240-$3,240
Insurance-$2,225-$2,225
Fees for Services Legal-$1,316-$1,316
Total Functional Expenses$57,937$10,031$0$67,968

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$67,968
Total Expenses per Audited Statements$67,968
Total Expenses per Form 990$67,968
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Assessments$2,469
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

All homeowners that are required to pay dues are members of the association.

Form 990, Part VI, Section A, Line 7A

The members elect the board members each year at the annual meeting.

Form 990, Part VI, Section A, Line 7B

The elected board acts on behalf of the members. Decisions are made by the board but are discussed with the community members who elect to attend association meetings and express opinions on various topics.

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

Members of the board reviewed the 990 tax return before it was filed.

Form 990, Part VI, Section C, Line 19

All buyers of properties in regency square cluster association receive, by law, copies of the governing documents. Financial statements are made available to the owners.

Form 990, Part VI, Section B, Line 15A

Officers are volunteers and are not compensated

Filing and Contact Details

Filer

Filer Name
Regency Square Cluster Association
EIN
23-7112323
Phone
7035301550
Address
7900 SUDLEY ROAD NO 600, MANASSAS, VA 20109

Signing Officer

Name
Bruce Anderson
Title
President
Phone
7035301550
Signed
2020-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Anderson
Formed
1971
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Daly Hamad & Associates Pllc
Address
1037 STERLING RD SUITE 204, HERNDON, VA 20170
Preparer
Daniel Hamad CPA
Phone
7037969501
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Grounds maintenance: program service expenses 23,772. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,772. Trash removal: program service expenses 18,780. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,780. Administrative: program service expenses 6,924. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,924. Utilities : program service expenses 3,511. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,511. Snow removal: program service expenses 2,175. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,175. Bad debts: program service expenses 1,540. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,540. Landscaping: program service expenses 1,235. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,235.

Form 990, Pg 12, Part XI, Line 9-other Changes in Net Assets Explanation

Reserve expenditures $(2,975)

Raw XML Appendix347 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL HOMEOWNERS THAT ARE REQUIRED TO PAY DUES ARE MEMBERS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE BOARD MEMBERS EACH YEAR AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ELECTED BOARD ACTS ON BEHALF OF THE MEMBERS. DECISIONS ARE MADE BY THE BOARD BUT ARE DISCUSSED WITH THE COMMUNITY MEMBERS WHO ELECT TO ATTEND ASSOCIATION MEETINGS AND EXPRESS OPINIONS ON VARIOUS TOPICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD REVIEWED THE 990 TAX RETURN BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL BUYERS OF PROPERTIES IN REGENCY SQUARE CLUSTER ASSOCIATION RECEIVE, BY LAW, COPIES OF THE GOVERNING DOCUMENTS. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE OWNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICERS ARE VOLUNTEERS AND ARE NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GROUNDS MAINTENANCE: PROGRAM SERVICE EXPENSES 23,772. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,772. TRASH REMOVAL: PROGRAM SERVICE EXPENSES 18,780. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,780. ADMINISTRATIVE: PROGRAM SERVICE EXPENSES 6,924. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,924. UTILITIES : PROGRAM SERVICE EXPENSES 3,511. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,511. SNOW REMOVAL: PROGRAM SERVICE EXPENSES 2,175. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,175. BAD DEBTS: PROGRAM SERVICE EXPENSES 1,540. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,540. LANDSCAPING: PROGRAM SERVICE EXPENSES 1,235. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,235.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RESERVE EXPENDITURES $(2,975)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PG 12, PART XI, LINE 9-OTHER CHANGES IN NET ASSETS EXPLANATION
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01022928
IRS990/TotalAssetsEOYAmt01123246
IRS990/TotalAssetsGrp/BOYAmt01022928
IRS990/TotalAssetsGrp/EOYAmt01123246
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010031
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt057937
IRS990/TotalFunctionalExpensesGrp/TotalAmt067968
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt024309
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt024309
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01022928
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01098937
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt057937
IRS990/TotalProgramServiceRevenueAmt0101452
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt018196
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0101452
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0119648
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01022928
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01123246
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07900 SUDLEY ROAD NO 600
IRS990/USAddress/CityNm0MANASSAS
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd020109
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.RSCA-VA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRUCE ANDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07035301550
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REGENCY SQUARE CLUSTER ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O AMERICAN MANAGEMENT OF VIRGINIA
ReturnHeader/Filer/BusinessNameControlTxt0REGE
ReturnHeader/Filer/EIN0237112323
ReturnHeader/Filer/PhoneNum07035301550
ReturnHeader/Filer/USAddress/AddressLine1Txt07900 SUDLEY ROAD NO 600
ReturnHeader/Filer/USAddress/CityNm0MANASSAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020109
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AF81F636779C0B509A6513E6AD848AF112AE2730
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId013C929E8F2BF78A65DB33AD54A3FB7134447B4D1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.185.33.134
ReturnHeader/FilingSecurityInformation/IPDt02020-02-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm010:02:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541917519
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DALY HAMAD & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01037 STERLING RD SUITE 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HERNDON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020170
ReturnHeader/PreparerPersonGrp/PhoneNum07037969501
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL HAMAD CPA
ReturnHeader/ReturnTs02020-02-17T09:02:11-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-04-01
ReturnHeader/TaxPeriodEndDt02019-03-31
ReturnHeader/TaxYr02018

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