Civic Intelligence

Sky Bryce Association Inc

990 • Fiscal year 2015 • EIN 23-7326439

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 09, 2015

PO Box 20Basye, VA 22810

(540) 856-2550

Siviq Scores

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

Liabilities / Assets

54th percentile

0.12x

Higher debt load relative to assets than 54% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

43rd percentile

0.08x

Higher debt load relative to revenue than 43% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Net Margin

50th percentile

7.0%

Higher net margin than 50% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

57th percentile

$0

Higher top officer pay than 57% of similar nonprofits.

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

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Asset Growth

80th percentile

13%

Faster asset growth than 80% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

68th percentile

8.1%

Faster revenue growth than 68% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$775,390

Up $86,833 (+13%) from 2014

Net Assets

Up

$683,380

Up $77,299 (+13%) from 2014

Liabilities

Up

$92,010

Up $9,534 (+12%) from 2014

Revenue

Up

$1,108,343

Up $83,326 (+8.1%) from 2014

Expenses

Up

$1,031,044

Up $20,363 (+2.0%) from 2014

Net Income

Up

$77,299

Up $62,963 (+439%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $614,067Liabilities 2011: $89,510Net Assets 2011: $524,5572011Assets 2012: $661,926Liabilities 2012: $86,113Net Assets 2012: $575,8132012Assets 2013: $676,254Liabilities 2013: $84,509Net Assets 2013: $591,7452013Assets 2014: $688,557Liabilities 2014: $82,476Net Assets 2014: $606,0812014Assets 2015: $775,390Liabilities 2015: $92,010Net Assets 2015: $683,3802015Assets 2016: $857,801Liabilities 2016: $131,499Net Assets 2016: $726,3022016Assets 2017: $940,462Liabilities 2017: $129,813Net Assets 2017: $810,6492017Assets 2019: $1,018,756Liabilities 2019: $107,409Net Assets 2019: $911,3472019Assets 2020: $1,013,414Liabilities 2020: $109,072Net Assets 2020: $904,3422020Assets 2021: $1,309,481Liabilities 2021: $108,324Net Assets 2021: $1,201,1572021Assets 2022: $1,421,277Liabilities 2022: $154,330Net Assets 2022: $1,266,9472022Assets 2023: $1,698,480Liabilities 2023: $195,497Net Assets 2023: $1,502,9832023Assets 2024: $2,253,326Liabilities 2024: $259,966Net Assets 2024: $1,993,3602024

Highlighted filing

2015

Assets$775,390
Liabilities$92,010
Net Assets$683,380

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $935,3792011Expenses 2012: $969,2092012Expenses 2013: $992,6372013Revenue 2014: $1,025,017Expenses 2014: $1,010,681Net Income 2014: $14,3362014Revenue 2015: $1,108,343Expenses 2015: $1,031,044Net Income 2015: $77,2992015Revenue 2016: $1,108,566Expenses 2016: $1,065,644Net Income 2016: $42,9222016Revenue 2017: $1,086,667Expenses 2017: $1,002,320Net Income 2017: $84,3472017Revenue 2019: $1,181,225Expenses 2019: $1,156,941Net Income 2019: $24,2842019Revenue 2020: $1,178,383Expenses 2020: $1,185,390Net Income 2020: -$7,0072020Revenue 2021: $1,232,799Expenses 2021: $926,535Net Income 2021: $306,2642021Revenue 2022: $1,284,852Expenses 2022: $1,082,971Net Income 2022: $201,8812022Revenue 2023: $1,301,862Expenses 2023: $1,065,826Net Income 2023: $236,0362023Revenue 2024: $1,451,243Expenses 2024: $960,866Net Income 2024: $490,3772024

Highlighted filing

2015

Revenue$1,108,343
Expenses$1,031,044
Net Income$77,299
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 9, 2015
Return Version
2014v5.0
Gross Receipts
$1,108,343
Mission and Program Overview

Mission

To maintain roads and to further and promote the community welfare of the property owners at bryce mountain which is located near basye in shenandoah county, virginia.

Property owners association. To maintain roads and promote community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$606,081$683,380▲ $77,299
Savings and Temporary Cash Investments$414,809$550,812▲ $136,003
Land, Buildings, and Equipment, Net$167,879$169,469▲ $1,590
Cash and Non-Interest-Bearing Accounts$99,281$48,521▼ $50,760
Accounts Receivable$6,588$6,588→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$688,557$775,390▲ $86,833
Liabilities
Accounts Payable and Accrued Expenses$46,300$72,278▲ $25,978
Escrow Account Liability$31,500$10,500▼ $21,000
Deferred Revenue$4,676$9,232▲ $4,556
Total Liabilities$82,476$92,010▲ $9,534
Net Assets / Fund Balance
Total Net Assets Fund Balance$606,081$683,380▲ $77,299
Total Liabilities and Net Assets / Fund Balance$688,557$775,390▲ $86,833

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$29,565$69,839-
Land$10,928--
Equipment$128,976$383,137-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert S SchwengerPresident
Selby JacobsVice President
Erika AuerBoard Member
Hugh F HansonBoard Member
J Kenneth KlingeBoard Member
Thomas N Wright JrSecretary
George H RogersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,052,579
Investment Income
$1,313
Other Revenue
$54,451
Change in Net Assets
$77,299

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,108,343
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,108,343
Total Revenue per Form 990
$1,108,343
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$541,634
Other Expenses$489,410
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$328,932$24,702-$353,634
Fees for Services Legal-$89,390-$89,390
Other Employee Benefits$57,011$18,430-$75,441
Depreciation Depletion$57,061$2,399-$59,460
Current Officers, Directors, Trustees, and Key Employees-$55,808-$55,808
Insurance$27,801$9,700-$37,501
Payroll Taxes$27,154$7,598-$34,752
Fees for Services Other-$22,400-$22,400
Pension Plan Contributions$18,704$3,295-$21,999
Office Expenses$8,493$13,160-$21,653
Occupancy$10,160$3,818-$13,978
Other Expenses$19,921$4,409-$4,409
Information Technology-$874-$874
Conferences and Meetings$160--$160
Total Functional Expenses$722,211$308,833$0$1,031,044

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,031,044
Total Expenses per Audited Statements$1,031,044
Total Expenses per Form 990$1,031,044
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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 11

Copy of form 990 available for review via internet portal and paper copy available from business manager prior to filing with internal revenue service.

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

Conflict of interest policy monitored annually at the beginning of new board year and periodically as necessary.

Form 990, Part VI, Section C, Line 18

The organization makes its' governing documents, policies, and financial statements available upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its' governing documents, policies, and financial statement information available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sky Bryce Association Inc
EIN
23-7326439
Phone
5408562550
Address
PO BOX 20, BASYE, VA 22810

Signing Officer

Name
Robert Schwenger
Title
Officer
Phone
5408562550
Signed
2015-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Schwenger
Formed
1974
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
13
Volunteers
0

Preparer

Firm
Pbmares Llp
Address
558 SOUTH MAIN STREET, HARRISONBURG, VA 22801
Preparer
Daniel B Martin
Phone
5404345975
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change from the prior year.

Financial Statement Notes

PART X, LINE 2:

The association is exempt from income taxes under section 501(c)(4) of the internal revenue code. Effective july 1, 2009, the association adopted the provisions of accounting for uncertainty in income tax positions as required by the income taxes topic of the financial accounting standards board (fasb) accounting standards codification; however, management does not believe it is exposed to any such positions as they are defined in this guidance. The association files form 990, return of organization exempt from income tax, annually with the united states department of treasury.

Raw XML Appendix390 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/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt077299
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0414809
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0550812
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AdditionsDuringYearAmt02500
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BeginningBalanceAmt031500
IRS990ScheduleD/BuildingsGrp/BookValueAmt029565
IRS990ScheduleD/BuildingsGrp/DepreciationAmt069839
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt099404
IRS990ScheduleD/DistributionsDuringYearAmt023500
IRS990ScheduleD/EndingBalanceAmt010500
IRS990ScheduleD/EquipmentGrp/BookValueAmt0128976
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0383137
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0512113
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01031044
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt010928
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt010928
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01108343
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. EFFECTIVE JULY 1, 2009, THE ASSOCIATION ADOPTED THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS AS REQUIRED BY THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION; HOWEVER, MANAGEMENT DOES NOT BELIEVE IT IS EXPOSED TO ANY SUCH POSITIONS AS THEY ARE DEFINED IN THIS GUIDANCE. THE ASSOCIATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ANNUALLY WITH THE UNITED STATES DEPARTMENT OF TREASURY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0169469
IRS990ScheduleD/TotalExpensesPerForm990Amt01031044
IRS990ScheduleD/TotalRevenuePerForm990Amt01108343
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01108343
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01031044
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF FORM 990 AVAILABLE FOR REVIEW VIA INTERNET PORTAL AND PAPER COPY AVAILABLE FROM BUSINESS MANAGER PRIOR TO FILING WITH INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY MONITORED ANNUALLY AT THE BEGINNING OF NEW BOARD YEAR AND PERIODICALLY AS NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS' GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS' GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENT INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0688557
IRS990/TotalAssetsEOYAmt0775390
IRS990/TotalAssetsGrp/BOYAmt0688557
IRS990/TotalAssetsGrp/EOYAmt0775390
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0308833
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0722211
IRS990/TotalFunctionalExpensesGrp/TotalAmt01031044
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt082476
IRS990/TotalLiabilitiesEOYAmt092010
IRS990/TotalLiabilitiesGrp/BOYAmt082476
IRS990/TotalLiabilitiesGrp/EOYAmt092010
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0606081
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0683380
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0722211
IRS990/TotalProgramServiceRevenueAmt01052579
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01313
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01107030
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01108343
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0688557
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0775390
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 20
IRS990/USAddress/CityNm0BASYE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022810
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.SKYBRYCE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT SCHWENGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05408562550
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SKY BRYCE ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SKYB
ReturnHeader/Filer/EIN0237326439
ReturnHeader/Filer/PhoneNum05408562550
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 20
ReturnHeader/Filer/USAddress/CityNm0BASYE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022810
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0540737372
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PBMARES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0558 SOUTH MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARRISONBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022801
ReturnHeader/PreparerPersonGrp/PhoneNum05404345975
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL B MARTIN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-11-16T08:03:40-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.26$1.99$1.45$0.96$0.49
2023Detailed filing. Detailed filing data is available for this year.$1.70$0.20$1.50$1.30$1.07$0.24
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.15$1.27$1.28$1.08$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.31$0.11$1.20$1.23$0.93$0.31
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.11$0.90$1.18$1.19$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.02$0.11$0.91$1.18$1.16$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.94$0.13$0.81$1.09$1.00$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.86$0.13$0.73$1.11$1.07$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.09$0.68$1.11$1.03$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.08$0.61$1.03$1.01$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.08$0.59$0.99
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.09$0.58$0.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.09$0.52$0.94