Civic Intelligence

Wheeler Benefit Foundation

990EZ • Fiscal year 2015 • EIN 26-2869581

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 21, 2016

2529 Virginia Beach Blvd No 200Virginia Beach, VA 23452

(757) 627-9088

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

50th percentile

3.2%

Higher net margin than 50% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

81st percentile

41%

Faster asset growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

9th percentile

-50%

Faster revenue growth than 9% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$367

Up $107 (+41%) from 2014

Net Assets

Up

$367

Up $2,612 (+116%) from 2014

Liabilities

Down

$0

Down $2,505 (-100%) from 2014

Revenue

Down

$80,440

Down $81,736 (-50%) from 2014

Expenses

Down

$77,828

Down $84,249 (-52%) from 2014

Net Income

Up

$2,612

Up $2,513 (+2538%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0K$2.0K$0-$2.0K-$4.0KAssets 2010: $614Liabilities 2010: $0Net Assets 2010: $6142010Assets 2011: $49Liabilities 2011: $1,600Net Assets 2011: -$1,5512011Assets 2012: $1,354Liabilities 2012: $1,600Net Assets 2012: -$2462012Assets 2013: $256Liabilities 2013: $2,600Net Assets 2013: -$2,3442013Assets 2014: $260Liabilities 2014: $2,505Net Assets 2014: -$2,2452014Assets 2015: $367Liabilities 2015: $0Net Assets 2015: $3672015Assets 2016: $22Liabilities 2016: $315Net Assets 2016: -$2932016

Highlighted filing

2015

Assets$367
Liabilities$0
Net Assets$367

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2010: $30,529Expenses 2010: $31,410Net Income 2010: -$8812010Revenue 2011: $36,627Expenses 2011: $38,792Net Income 2011: -$2,1652011Revenue 2012: $98,132Expenses 2012: $96,827Net Income 2012: $1,3052012Revenue 2013: $60,363Expenses 2013: $62,461Net Income 2013: -$2,0982013Revenue 2014: $162,176Expenses 2014: $162,077Net Income 2014: $992014Revenue 2015: $80,440Expenses 2015: $77,828Net Income 2015: $2,6122015Revenue 2016: $910Expenses 2016: $1,570Net Income 2016: -$6602016

Highlighted filing

2015

Revenue$80,440
Expenses$77,828
Net Income$2,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 21, 2016
Return Version
2015v2.1
Gross Receipts
$80,440
Mission and Program Overview

Mission

To raise and distribute funds to other irc section 501(c)3 organizations classified as public charities and operating programs benefiting youths residing in hampton roads, virginia, including, but not limited to, organizations that provide health care to children and organizations that operate scholarship programs, mentoring programs, educational programs, and academic and cultural enrichment programs for youths.

Program Services

DescriptionGrantsExpenses
TO SUPPORT COMMUNITY ORGANIZATIONS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John S WheelerPresident-$0--
Kimberly R WheelerVice President-$0--
Charles E LandDirector-$0--
S Price WheelerDirector-$0--
K Paige WheelerDirector-$0--
Filing and Contact Details

Filer

Filer Name
Wheeler Benefit Foundation
EIN
26-2869581
Phone
7576279088
Address
2529 Virginia Beach Blvd No 200, Virginia Beach, VA 23452

Signing Officer

Name
Jon Wheeler
Title
President
Phone
7576279088
Signed
2016-06-21
Discuss with paid preparer
Yes

Preparer

Firm
Cherry Bekaert Llp
Address
222 Central Park Ave Ste 1400, Virginia Beach, VA 23462
Preparer
Barbara Smith
Phone
7574562400
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: . Grantee Name: UNIVERSITY OF SOUTH CAROLINA DEPARTMENT OF Grantee Name: UNIVERSITY OF SOUTH CAROLINA DEPARTMENT OF. Grantee Address: 1304 Heyward Street COLUMBIA, SC 29208. Grantee Relationship: NOne. Property Description: Cash. Date of Gift: 06/03/15. Amount Given: 75,000.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: . Grantee Name: Chesapeake Bay Wine Classic. Grantee Address: P.O. Box 1175 VIRGINIA BEACH, VA 23451. Grantee Relationship: none. Property Description: CASH. Date of Gift: 02/03/15. Amount Given: 2,235. Total included on Form 990-EZ, line 10: 77,235.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Fees and Licenses. Amount: 25. Description: MISCELLANEOUS EXPENSE. Amount: 215. Total to Form 990-EZ, line 16: 240.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: DUE FROM WHEELER DEVELOPMENT. Beg. of Year Amount: 500. End of Year Amount: 0. Description: DUE FROM TESR LLC. Beg. of Year Amount: 1,100. End of Year Amount: 0. Description: DUE FROM AFFILIATES. Beg. of Year Amount: 905. End of Year Amount: 0.

Raw XML Appendix173 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Virginia Beach
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023452
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0John S Wheeler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kimberly R Wheeler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Charles E Land
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3S Price Wheeler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4K Paige Wheeler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0240
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To raise and distribute funds to other IRC Section 501(c)3 organizations classified as public charities and operating programs benefiting youths residing in Hampton Roads, Virginia, including, but not limited to, organizations that provide health care to children and organizations that operate scholarship programs, mentoring programs, educational programs, and academic and cultural enrichment programs for youths.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO SUPPORT COMMUNITY ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02505
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt080440
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0161807
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt060363
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0105877
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt045403
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0453890
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt017946
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt014672
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt032627
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt0360
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportTotal509Amt0486517
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0123823
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt060075
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt060075
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0486877
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Classification: . Grantee Name: UNIVERSITY OF SOUTH CAROLINA DEPARTMENT OF Grantee Name: UNIVERSITY OF SOUTH CAROLINA DEPARTMENT OF. Grantee Address: 1304 Heyward Street COLUMBIA, SC 29208. Grantee Relationship: NOne. Property Description: Cash. Date of Gift: 06/03/15. Amount Given: 75,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: . Grantee Name: Chesapeake Bay Wine Classic. Grantee Address: P.O. Box 1175 VIRGINIA BEACH, VA 23451. Grantee Relationship: none. Property Description: CASH. Date of Gift: 02/03/15. Amount Given: 2,235. Total included on Form 990-EZ, line 10: 77,235.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Fees and Licenses. Amount: 25. Description: MISCELLANEOUS EXPENSE. Amount: 215. Total to Form 990-EZ, line 16: 240.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: DUE FROM WHEELER DEVELOPMENT. Beg. of Year Amount: 500. End of Year Amount: 0. Description: DUE FROM TESR LLC. Beg. of Year Amount: 1,100. End of Year Amount: 0. Description: DUE FROM AFFILIATES. Beg. of Year Amount: 905. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Jon Wheeler
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07576279088
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Wheeler Benefit Foundation
ReturnHeader/Filer/BusinessNameControlTxt0WHEE
ReturnHeader/Filer/EIN0262869581
ReturnHeader/Filer/PhoneNum07576279088
ReturnHeader/Filer/USAddress/AddressLine1Txt02529 Virginia Beach Blvd No 200
ReturnHeader/Filer/USAddress/CityNm0Virginia Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023452
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560574444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERRY BEKAERT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0222 Central Park Ave Ste 1400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Virginia Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023462
ReturnHeader/PreparerPersonGrp/PhoneNum07574562400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Barbara Smith
ReturnHeader/ReturnTs02016-06-27T10:13:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits