Civic Intelligence

Center for Rural Entrepreneurship

990 • Fiscal year 2021 • EIN 26-3114011

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

Organization ProfileWWW.LOCUSIMPACTINVESTING.ORG

View Organization Page

7814 Carousel LaneRichmond, VA 23294

(402) 323-7339

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.37x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.28x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

82nd percentile

41%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

91st percentile

$343,568

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

89th percentile

49%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

79th percentile

51%

Faster revenue growth than 79% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$7,023,425

Up $5,502,744 (+362%) from 2019

Net Assets

Up

$4,432,174

Up $3,911,680 (+752%) from 2019

Liabilities

Up

$2,591,251

Up $1,591,064 (+159%) from 2019

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin82nd percentile

Revenue

Up

$9,339,755

Up $6,698,800 (+254%) from 2019

Expenses

Up

$5,550,759

Up $3,273,207 (+144%) from 2019

Net Income

Up

$3,788,996

Up $3,425,593 (+943%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $833,564Liabilities 2010: $413,029Net Assets 2010: $420,5352010Assets 2011: $1,149,171Liabilities 2011: $584,668Net Assets 2011: $564,5032011Assets 2012: $1,324,408Liabilities 2012: $526,413Net Assets 2012: $797,9952012Assets 2013: $1,310,656Liabilities 2013: $585,733Net Assets 2013: $724,9232013Assets 2015: $613,576Liabilities 2015: $145,059Net Assets 2015: $468,5172015Assets 2017: $471,932Liabilities 2017: $130,369Net Assets 2017: $341,5632017Assets 2019: $1,520,681Liabilities 2019: $1,000,187Net Assets 2019: $520,4942019Assets 2021: $7,023,425Liabilities 2021: $2,591,251Net Assets 2021: $4,432,1742021Assets 2022: $16,542,257Liabilities 2022: $11,104,515Net Assets 2022: $5,437,7422022

Highlighted filing

2021

Assets$7,023,425
Liabilities$2,591,251
Net Assets$4,432,174
Open 2021 Filing

Operations Trend

Revenue Growth79th percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $838,7852010Expenses 2011: $1,144,9592011Expenses 2012: $1,455,1572012Revenue 2013: $1,423,309Expenses 2013: $1,496,381Net Income 2013: -$73,0722013Revenue 2015: $1,306,950Expenses 2015: $1,261,836Net Income 2015: $45,1142015Revenue 2017: $600,604Expenses 2017: $640,329Net Income 2017: -$39,7252017Revenue 2019: $2,640,955Expenses 2019: $2,277,552Net Income 2019: $363,4032019Revenue 2021: $9,339,755Expenses 2021: $5,550,759Net Income 2021: $3,788,9962021Revenue 2022: $17,238,118Expenses 2022: $7,579,390Net Income 2022: $9,658,7282022

Highlighted filing

2021

Revenue$9,339,755
Expenses$5,550,759
Net Income$3,788,996
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$9,340,111
Mission and Program Overview

Mission

To help leaders and citzens in rural communities and regions across the u.s. Embrace entrepreneurship as a core rural economic development strategy.

To empower place-focused institutions to invest their capital locally to build more prosperous, vibrant communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,075,931$2,612,561▲ $536,630
Cash and Non-Interest-Bearing Accounts$2,210,233$2,437,026▲ $226,793
Accounts Receivable$243,684$1,870,645▲ $1,626,961
Pledges and Grants Receivable$172,685$77,257▼ $95,428
Land, Buildings, and Equipment, Net$7,975$16,956▲ $8,981
Prepaid Expenses and Deferred Charges$6,364$6,366▲ $2
Other Notes and Loans Receivable, Net-$0-
Inventories for Sale or Use-$0-
Total Assets$4,719,486$7,023,425▲ $2,303,939
Other Assets Total$2,614$2,614→ $0
Liabilities
Deferred Revenue$1,957,567$2,019,302▲ $61,735
Other Liabilities$195,546$351,426▲ $155,880
Accounts Payable and Accrued Expenses$106,179$220,523▲ $114,344
Total Liabilities$2,259,292$2,591,251▲ $331,959
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,460,194$4,432,174▲ $1,971,980
Total Net Assets Fund Balance$2,460,194$4,432,174▲ $1,971,980
Total Liabilities and Net Assets / Fund Balance$4,719,486$7,023,425▲ $2,303,939

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,838$16,933$28,771
Other Land Buildings$5,118$7,462$12,580
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deborah MarkleySenior Vice PresidentFT$174,229-$174,229
Sarah StremlauLocus PresidentPT$67,585$157,706$67,585
Amir KirkwoodPresident Vcc-$5,470$49,220$54,690
Jane HendersonPresident & CEOPT$28,314$315,254$28,314
Adam NorthopSenior Vice PresidentPT$23,978$177,791$23,978
Clyde CornettCFO & Treasurer-$14,855$200,392$14,855
Peter TaylorChief Information Officer-$10,001$156,973$10,001
Tammy JacksonChief Human Capital Officer-$8,631$165,268$8,631

Board Members and Trustees

NameTitle
Dixon HannaChairman
Cathy DolanDirector
Charlie H Mills IiiDirector
James W Harkness JrDirector
Mary Dwyer PembrokeDirector
Sherry MagillDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,000,785
Program Service Revenue
$7,163,316
Investment Income
$7,922
Other Revenue
$167,732
All Other Contributions
$2,000,785
Change in Net Assets
$3,788,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,823,229
Salaries, Compensation, and Employee Benefits$1,510,030
Grants and Similar Amounts Paid$217,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$3,279,341$13,000-$3,292,341
Other Salaries and Wages$943,520--$943,520
Current Officers, Directors, Trustees, and Key Employees$168,000$165,063-$333,063
Grants to Domestic Orgs$217,500--$217,500
Other Employee Benefits$129,881$19,423-$149,304
Payroll Taxes$73,205$10,938-$84,143
Office Expenses$45,848$6,872-$52,720
Occupancy$35,705--$35,705
Fees for Services Legal$33,781--$33,781
Fees for Services Accounting$6,552$20,930-$27,482
Insurance$13,919--$13,919
Advertising$6,117--$6,117
Depreciation Depletion$5,068$888-$5,956
Travel$311$4,776-$5,087
Other Expenses$42,820$1,776-$1,776
Conferences and Meetings$1,612--$1,612
Total Functional Expenses$5,289,387$261,372$0$5,550,759
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
West Virginia Community Development Hub IncCharleston, WV501 (c) (3)Cohort Program$80,000
Invest Appalachia IncAsheville, NC501 (c) (3)Ecosystem Initiative$75,000
Appalachian VoicesBoone, NC501 (c) (3)Ecosystem Initiative$60,000
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilites$351,426
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the completed 990 will be provided to the organization prior to the filing deadline. The return will not be provided to the board prior to signing but it will be reviewed by the president and cfo, who are entrusted by the board for their review, prior to the return being signed by the cfo.”

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

“At least annually, officers and directors are required to review and sign the conflict of interest policy, which contains a duty to disclose clause. These are reviewed by the president. Any issues identified are investigated and discussed with the cfo for financial reporting or regulatory / compliance impact. In the event of a potential conflict, that person will recuse themselves from all discussion and / or vote on the matter.”

Form 990, Part VI, Section B, Line 15

“Management utilizes the vba annual salary survey as a guideline for determining market for bank executives and staff. Management then passes this info up to the human resources / compensation committee for further review and approval. All discussions are documented in the meeting minutes.”

Form 990, Part VI, Section C, Line 19

“Financial statements are posted on the website. Governing documents and conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
Locus Impact Investing
EIN
26-3114011
Phone
4023237339
Address
7814 CAROUSEL LANE, RICHMOND, VA 23294

Signing Officer

Name
Clyde Cornett
Title
CFO & Treasurer
Phone
4023237339
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Stremlau
Formed
2008
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Brown Edwards & Company Llp
Address
3906 ELECTRIC ROAD, ROANOKE, VA 24018
Preparer
Patrick Pittman
Phone
5403450936
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 3,279,341. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,279,341. Board fees: program service expenses 0. Management and general expenses 13,000. Fundraising expenses 0. Total expenses 13,000.”

FORM 990, PART XI, LINE 9:

“Capital upstream to holding company for earnings -1,642,110. Capital paid to related entity for operations -174,906.”

Part XII Line 2C

“The process has not changed.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income taxes under irc section 501(c)(3). Tax years 2016 through 2020 are subject to examination by the internal revenue service. The organization has analyzed the tax positions taken or expected to be taken in its tax returns and has concluded it has no liability related to uncertain tax positions.”

Raw XML AppendixShowing 400 of 813 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0106179
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0220523
IRS990/AccountsReceivableGrp/BOYAmt0243684
IRS990/AccountsReceivableGrp/EOYAmt01870645
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO EMPOWER PLACE-FOCUSED INSTITUTIONS TO INVEST THEIR CAPITAL LOCALLY TO BUILD MORE PROSPEROUS, VIBRANT COMMUNITIES.
IRS990/AdvertisingGrp/ProgramServicesAmt06117
IRS990/AdvertisingGrp/TotalAmt06117
IRS990/AllOtherContributionsAmt02000785
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CLYDE CORNETT - CFO & TREASURER
IRS990/BooksInCareOfDetail/PhoneNum05402603126
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0110 PEPPERS FERRY ROAD NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHRISTIANSBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd024073
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02210233
IRS990/CashNonInterestBearingGrp/EOYAmt02437026
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0165063
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0168000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0333063
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01612
IRS990/ConferencesMeetingsGrp/TotalAmt01612
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02000785
IRS990/CYGrantsAndSimilarPaidAmt0217500
IRS990/CYInvestmentIncomeAmt07922
IRS990/CYOtherExpensesAmt03823229
IRS990/CYOtherRevenueAmt0167732
IRS990/CYProgramServiceRevenueAmt07163316
IRS990/CYRevenuesLessExpensesAmt03788996
IRS990/CYSalariesCompEmpBnftPaidAmt01510030
IRS990/CYTotalExpensesAmt05550759
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09339755
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01957567
IRS990/DeferredRevenueGrp/EOYAmt02019302
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0888
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05068
IRS990/DepreciationDepletionGrp/TotalAmt05956
IRS990/Desc0REBUILD VIRGINIA IS ADMINISTERED FOR THE STATE OF VIRGINIA TO DEPLOY GRANTS TO SMALL BUSINESSES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02353657
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020930
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06552
IRS990/FeesForServicesAccountingGrp/TotalAmt027482
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt033781
IRS990/FeesForServicesLegalGrp/TotalAmt033781
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt013000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03279341
IRS990/FeesForServicesOtherGrp/TotalAmt03292341
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt528.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt738.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt934.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1038.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1128.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1238.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1338.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt512.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt96.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0SHERRY MAGILL
IRS990/Form990PartVIISectionAGrp/PersonNm1DIXON HANNA
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES W HARKNESS JR
IRS990/Form990PartVIISectionAGrp/PersonNm3CHARLIE H MILLS III
IRS990/Form990PartVIISectionAGrp/PersonNm4CATHY DOLAN
IRS990/Form990PartVIISectionAGrp/PersonNm5SARAH STREMLAU
IRS990/Form990PartVIISectionAGrp/PersonNm6MARY DWYER PEMBROKE
IRS990/Form990PartVIISectionAGrp/PersonNm7CLYDE CORNETT
IRS990/Form990PartVIISectionAGrp/PersonNm8DEBORAH MARKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm9JANE HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm10TAMMY JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm11ADAM NORTHOP
IRS990/Form990PartVIISectionAGrp/PersonNm12AMIR KIRKWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER TAYLOR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt567585
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt714855
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8174229
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt928314
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt108631
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1123978
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt125470
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1310001
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5157706
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7200392
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9315254
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10165268
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11177791
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1249220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13156973
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5LOCUS PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CFO & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF HUMAN CAPITAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT VCC
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF INFORMATION OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0374
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0217500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0217500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0730
IRS990/GrossReceiptsAmt09340111
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt013919
IRS990/InsuranceGrp/TotalAmt013919
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt07548
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07548
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0151
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024395
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07975
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016956
IRS990/LandBldgEquipCostOrOtherBssAmt041351
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0356
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO EMPOWER PLACE-FOCUSED INSTITUTIONS TO INVEST THEIR CAPITAL LOCALLY TO BUILD MORE PROSPEROUS, VIBRANT COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02460194
IRS990/NetAssetsOrFundBalancesEOYAmt04432174
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0374
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0374
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02460194
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04432174
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt035705
IRS990/OccupancyGrp/TotalAmt035705
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06872
IRS990/OfficeExpensesGrp/ProgramServicesAmt045848
IRS990/OfficeExpensesGrp/TotalAmt052720
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02614
IRS990/OtherAssetsTotalGrp/EOYAmt02614
IRS990/OtherChangesInNetAssetsAmt0-1817016
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019423
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0129881
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0149304
IRS990/OtherExpensesGrp/Desc0OTHER OPERATING COSTS
IRS990/OtherExpensesGrp/Desc1OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2BOARD EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017706
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11776
IRS990/OtherExpensesGrp/ProgramServicesAmt0286207
IRS990/OtherExpensesGrp/ProgramServicesAmt142820
IRS990/OtherExpensesGrp/TotalAmt0303913
IRS990/OtherExpensesGrp/TotalAmt142820
IRS990/OtherExpensesGrp/TotalAmt21776
IRS990/OtherLiabilitiesGrp/BOYAmt0195546
IRS990/OtherLiabilitiesGrp/EOYAmt0351426
IRS990/OtherRevenueMiscGrp/BusinessCd0611430
IRS990/OtherRevenueMiscGrp/BusinessCd1611430
IRS990/OtherRevenueMiscGrp/Desc0GUARANTEE FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0166232
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0166232
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11500
IRS990/OtherRevenueTotalAmt0167732
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0943520
IRS990/OtherSalariesAndWagesGrp/TotalAmt0943520
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010938
IRS990/PayrollTaxesGrp/ProgramServicesAmt073205
IRS990/PayrollTaxesGrp/TotalAmt084143
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0172685
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt077257
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06364
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06366
IRS990/PrincipalOfficerNm0SARAH STREMLAU
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/Desc0REBUILD VIRGINIA
IRS990/ProgramServiceRevenueGrp/Desc1TRAINING AND RESEARCH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06883552
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1279764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06883552
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1279764
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORTS PLACE-FOCUSED FOUNDATIONS AS THEY EXPLORE THE FIELD OF PLACE-BASED IMPACT INVESTING; SEEK TO UNLOCK ASSETS FOR COMMUNITY BENEFIT; AND DEPLOY THEIR CAPITAL TO CREATE MORE VIBRANT, PROSPEROUS COMMUNITIES. LOCUS ACTIVITIES INCLUDE CONSULTING AND TRAINING; TRANSACTION SOURCING AND STRUCTURING; AND PROJECT UNDERWRITING AND ASSET SERVICING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02935730
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0217500
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0447870
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01896228
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt055500
IRS990/PYInvestmentIncomeAmt012156
IRS990/PYOtherExpensesAmt02718763
IRS990/PYOtherRevenueAmt011676
IRS990/PYProgramServiceRevenueAmt04277953
IRS990/PYRevenuesLessExpensesAmt0970706
IRS990/PYSalariesCompEmpBnftPaidAmt02453044
IRS990/PYTotalExpensesAmt05227307
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06198013
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt03788996
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06883552
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02075931
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02612561
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02000785
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01896228
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02258853
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06155866
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07548
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt012156
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07471
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0542
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0326
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt028043
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07163316
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04277953
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0353726
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01380259
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01112071
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt014287325
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07548
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt012156
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07471
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0542
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0326
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt028043
IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/InvestmentIncomePYPct00.00170
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0167732
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt011676
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt020905
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt06305
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0206619
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.83420
IRS990ScheduleA/PublicSupportPY509Pct00.99510
IRS990ScheduleA/PublicSupportTotal509Amt017249672
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt01128705
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01015307
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01049507
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt03193519
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt01128705
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt01015307
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt01049507
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt03193519
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt09164101
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06174181
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02612579
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01380259
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01112071
IRS990ScheduleA/Total509Grp/TotalAmt020443191
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt09339381
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt06198013
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02640955
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01380802

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,023,425
Liabilities
$2,591,251
Net assets
$4,432,174
Revenue
$9,339,755
Expenses
$5,550,759
Net income
$3,788,996
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$11.1$5.44$17.2$7.58$9.66
2021Detailed filing. Detailed filing data is available for this year.$7.02$2.59$4.43$9.34$5.55$3.79
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$1.00$0.52$2.64$2.28$0.36
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.13$0.34$0.60$0.64$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.15$0.47$1.31$1.26$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.31$0.59$0.72$1.42$1.50$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.53$0.80$1.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.58$0.56$1.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.41$0.42$0.84