Civic Intelligence

Aquia Harbour Poa Inc

990 • Fiscal year 2014 • EIN 23-7171050

Apr 01, 2013 to Mar 31, 2014 • Filed on Feb 10, 2015

1221 Washington Drive22554

(540) 659-3050

Siviq Scores

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

Liabilities / Assets

44th percentile

0.10x

Higher debt load relative to assets than 44% of similar nonprofits.

2014 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

51st percentile

0.22x

Higher debt load relative to revenue than 51% of similar nonprofits.

2014 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2014

Net Margin

45th percentile

5.9%

Higher net margin than 45% of similar nonprofits.

2014 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2014

Asset Growth

85th percentile

19%

Faster asset growth than 85% of similar nonprofits.

2014 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

Up

$9,011,895

Up $1,465,843 (+19%) from 2013

Net Assets

Up

$8,083,503

Up $1,103,623 (+16%) from 2013

Liabilities

Up

$928,392

Up $362,220 (+64%) from 2013

Revenue

$4,303,540

No earlier filing loaded for comparison.

Expenses

Up

$4,049,336

Up $464,580 (+13%) from 2013

Net Income

$254,204

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.

$15M$10M$5.0M$0Assets 2012: $6,789,425Liabilities 2012: $566,609Net Assets 2012: $6,222,8162012Assets 2013: $7,546,052Liabilities 2013: $566,172Net Assets 2013: $6,979,8802013Assets 2014: $9,011,895Liabilities 2014: $928,392Net Assets 2014: $8,083,5032014Assets 2015: $9,543,218Liabilities 2015: $1,079,536Net Assets 2015: $8,463,6822015Assets 2016: $10,250,004Liabilities 2016: $1,377,237Net Assets 2016: $8,872,7672016Assets 2017: $10,123,666Liabilities 2017: $1,343,960Net Assets 2017: $8,779,7062017Assets 2018: $10,463,172Liabilities 2018: $1,149,177Net Assets 2018: $9,313,9952018Assets 2019: $10,834,796Liabilities 2019: $934,923Net Assets 2019: $9,899,8732019Assets 2020: $11,694,994Liabilities 2020: $993,400Net Assets 2020: $10,701,5942020Assets 2021: $11,909,044Liabilities 2021: $1,049,375Net Assets 2021: $10,859,6692021Assets 2022: $12,565,728Liabilities 2022: $888,586Net Assets 2022: $11,677,1422022Assets 2023: $13,447,316Liabilities 2023: $1,289,821Net Assets 2023: $12,157,4952023Assets 2024: $14,125,153Liabilities 2024: $1,351,879Net Assets 2024: $12,773,2742024

Highlighted filing

2014

Assets$9,011,895
Liabilities$928,392
Net Assets$8,083,503

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $3,580,8002012Expenses 2013: $3,584,7562013Revenue 2014: $4,303,540Expenses 2014: $4,049,336Net Income 2014: $254,2042014Revenue 2015: $4,299,865Expenses 2015: $3,965,020Net Income 2015: $334,8452015Revenue 2016: $4,515,243Expenses 2016: $4,106,158Net Income 2016: $409,0852016Revenue 2017: $4,548,746Expenses 2017: $4,641,807Net Income 2017: -$93,0612017Revenue 2018: $4,572,151Expenses 2018: $4,037,862Net Income 2018: $534,2892018Revenue 2019: $4,653,753Expenses 2019: $4,067,875Net Income 2019: $585,8782019Revenue 2020: $4,923,372Expenses 2020: $4,121,651Net Income 2020: $801,7212020Revenue 2021: $4,683,038Expenses 2021: $4,524,963Net Income 2021: $158,0752021Revenue 2022: $5,097,956Expenses 2022: $4,280,483Net Income 2022: $817,4732022Revenue 2023: $5,117,990Expenses 2023: $4,637,637Net Income 2023: $480,3532023Revenue 2024: $5,451,295Expenses 2024: $4,882,062Net Income 2024: $569,2332024

Highlighted filing

2014

Revenue$4,303,540
Expenses$4,049,336
Net Income$254,204
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Feb 10, 2015
Return Version
2013v4.0
Gross Receipts
$4,303,540
Mission and Program Overview

Mission

Maintenance of commonly owned property.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$7,829,299$8,083,503▲ $254,204
Land, Buildings, and Equipment, Net$4,118,748$4,527,561▲ $408,813
Savings and Temporary Cash Investments$3,025,580$2,941,413▼ $84,167
Cash and Non-Interest-Bearing Accounts$1,107,786$1,316,065▲ $208,279
Accounts Receivable$89,659$159,011▲ $69,352
Prepaid Expenses and Deferred Charges$39,364$45,672▲ $6,308
Inventories for Sale or Use$14,334$22,173▲ $7,839
Total Assets$8,395,471$9,011,895▲ $616,424
Liabilities
Deferred Revenue$432,566$734,218▲ $301,652
Accounts Payable and Accrued Expenses$127,706$188,824▲ $61,118
Other Liabilities$5,900$5,350▼ $550
Total Liabilities$566,172$928,392▲ $362,220
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,829,299$8,083,503▲ $254,204
Total Liabilities and Net Assets / Fund Balance$8,395,471$9,011,895▲ $616,424

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,491,195$1,147,151$4,638,346
Equipment$526,366$924,099$1,450,465
Land$510,000-$510,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chip CollinsPresident
Barb ColeDirector
Christopher GreeneDirector
Robert StephensDirector
Tina TalleyDirector
Vic EilenfieldDirector
James HodgesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Virginia PavingPaving-$464,632
County Waste Of VirginiaTrash Removal-$407,830
Loudin Building SystemsConstruction-$290,367
Winkler PoolPool Management-$130,759
Revenue and Support

Revenue Composition

Contributions and Grants
$3,539,542
Program Service Revenue
$682,242
Investment Income
$12,731
Other Revenue
$69,025
Change in Net Assets
$254,204

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,303,540
Total Revenue per Audited Statements
$4,303,540
Total Revenue per Form 990
$4,303,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,302,762
Salaries, Compensation, and Employee Benefits$1,746,574
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$1,368,701-$1,368,701
All Other Expenses$454,401$65,152-$519,553
Other Employee Benefits-$242,860-$242,860
Depreciation Depletion$203,739--$203,739
Office Expenses-$175,827-$175,827
Other Expenses$133,704--$133,704
Payroll Taxes-$106,481-$106,481
Fees for Services Legal-$89,761-$89,761
Insurance-$77,073-$77,073
Pension Plan Contributions-$28,532-$28,532
Fees for Services Accounting-$8,000-$8,000
Total Functional Expenses$1,886,949$2,162,387$0$4,049,336

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,049,336
Total Expenses per Audited Statements$4,049,336
Total Expenses per Form 990$4,049,336
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liability$5,350
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 6

The association has 2,334 homeowner members.

Form 990, Page 6, Part VI, Line 7A

The homeowner members elect the board of directors.

Form 990, Page 6, Part VI, Line 7B

Some decisions are subject to member approval.

Form 990, Page 6, Part VI, Line 11B

The board of directors & management review the form 990.

Form 990, Page 6, Part VI, Line 15A

The board of directors determine compensation for management.

Form 990, Page 6, Part VI, Line 15B

The board of directors determine compensation for key employees and officers.

Form 990, Page 6, Part VI, Line 19

These documents are available to members & potential members upon request.

Filing and Contact Details

Filer

EIN
23-7171050
Phone
5406593050

Signing Officer

Name
Chip Collins
Title
President
Phone
5406593050
Signed
2015-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chip Collins
Formed
1984
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
44
Volunteers
7

Preparer

Preparer
Andrew P Grossnickle
Phone
4349738314
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Facility maint and repair 131,934 0 0 pools 92,802 0 0 marina 83,556 0 0 vehicle repairs and maint 55,211 0 0 other 0 34,834 0 taxes 0 30,318 0 equipment rental 28,180 0 0 equip repairs and maint 25,534 0 0 golf carts 24,909 0 0 pro shop 12,275 0 0

Financial Statement Notes

Schedule D, Page 3, Part X

The association implemented financial accounting standards board (fasb) accounting standard codification (asc) 740-10, formerly fin 48, accounting for uncertainty in income taxes. The association's policy is to recognize any tax penalties and interest as an expense when incurred. For the year ended march 31, 2014, the association did not incur any penalties and interest related to income taxes. The association's federal and state tax returns for the past three years remain subject to examination by the internal revenue service and the commonwealth of virginia.

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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/PYContributionsGrantsAmt03628885
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011063
IRS990/PYOtherExpensesAmt01957180
IRS990/PYOtherRevenueAmt074907
IRS990/PYProgramServiceRevenueAmt0626965
IRS990/PYRevenuesLessExpensesAmt0696349
IRS990/PYSalariesCompEmpBnftPaidAmt01688291
IRS990/PYTotalExpensesAmt03645471
IRS990/PYTotalRevenueAmt04341820
IRS990/ReconcilationRevenueExpnssAmt0254204
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04303540
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07829299
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08083503
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03025580
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02941413
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IRS990ScheduleD/BuildingsGrp/BookValueAmt03491195
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01147151
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04638346
IRS990ScheduleD/EquipmentGrp/BookValueAmt0526366
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0924099
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01450465
IRS990ScheduleD/ExpensesSubtotalAmt04049336
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0510000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0510000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05350
IRS990ScheduleD/RevenueSubtotalAmt04303540
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IMPLEMENTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARD CODIFICATION (ASC) 740-10, FORMERLY FIN 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ASSOCIATION'S POLICY IS TO RECOGNIZE ANY TAX PENALTIES AND INTEREST AS AN EXPENSE WHEN INCURRED. FOR THE YEAR ENDED MARCH 31, 2014, THE ASSOCIATION DID NOT INCUR ANY PENALTIES AND INTEREST RELATED TO INCOME TAXES. THE ASSOCIATION'S FEDERAL AND STATE TAX RETURNS FOR THE PAST THREE YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE COMMONWEALTH OF VIRGINIA.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04527561
IRS990ScheduleD/TotalExpensesPerForm990Amt04049336
IRS990ScheduleD/TotalLiabilityAmt05350
IRS990ScheduleD/TotalRevenuePerForm990Amt04303540
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04303540
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04049336
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS 2,334 HOMEOWNER MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE HOMEOWNER MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOME DECISIONS ARE SUBJECT TO MEMBER APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS & MANAGEMENT REVIEW THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS DETERMINE COMPENSATION FOR MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS DETERMINE COMPENSATION FOR KEY EMPLOYEES AND OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THESE DOCUMENTS ARE AVAILABLE TO MEMBERS & POTENTIAL MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FACILITY MAINT AND REPAIR 131,934 0 0 POOLS 92,802 0 0 MARINA 83,556 0 0 VEHICLE REPAIRS AND MAINT 55,211 0 0 OTHER 0 34,834 0 TAXES 0 30,318 0 EQUIPMENT RENTAL 28,180 0 0 EQUIP REPAIRS AND MAINT 25,534 0 0 GOLF CARTS 24,909 0 0 PRO SHOP 12,275 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08395471
IRS990/TotalAssetsEOYAmt09011895
IRS990/TotalAssetsGrp/BOYAmt08395471
IRS990/TotalAssetsGrp/EOYAmt09011895
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03539542
IRS990/TotalEmployeeCnt044
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02162387
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01886949
IRS990/TotalFunctionalExpensesGrp/TotalAmt04049336
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0566172
IRS990/TotalLiabilitiesEOYAmt0928392
IRS990/TotalLiabilitiesGrp/BOYAmt0566172
IRS990/TotalLiabilitiesGrp/EOYAmt0928392
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07829299
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08083503
IRS990/TotalProgramServiceExpensesAmt01886949
IRS990/TotalProgramServiceRevenueAmt0682242
IRS990/TotalRevenueGrp/ExclusionAmt012731
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0751267
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04303540
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08395471
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09011895
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101112 BLACKBEARD DR
IRS990/USAddress/City0STAFFORD
IRS990/USAddress/State0VA
IRS990/USAddress/ZIPCode022554
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.AQUIAHARBOUR.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHIP COLLINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05406593050
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10AQUIA HARBOUR POA INC
ReturnHeader/Filer/BusinessNameControlTxt0AQUI
ReturnHeader/Filer/EIN0237171050
ReturnHeader/Filer/PhoneNum05406593050
ReturnHeader/Filer/USAddress/AddressLine101221 WASHINGTON DRIVE
ReturnHeader/Filer/USAddress/City0STAFFORD
ReturnHeader/Filer/USAddress/State0VA
ReturnHeader/Filer/USAddress/ZIPCode022554
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541896113
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ROBINSON FARMER COX ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10530 WESTFIELD RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CHARLOTTESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0229011726
ReturnHeader/PreparerPersonGrp/PhoneNum04349738314
ReturnHeader/PreparerPersonGrp/PreparationDt02015-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW P GROSSNICKLE
ReturnHeader/ReturnTs02015-02-13T16:05:24-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-04-01
ReturnHeader/TaxPeriodEndDt02014-03-31
ReturnHeader/TaxYr02013

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