Civic Intelligence

Viridiant

990 • Fiscal year 2018 • EIN 26-3983513

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 10, 2019

1431 W Main StreetRichmond, VA 23220

(804) 225-9843

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

24th percentile

0.01x

Higher debt load relative to revenue than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

43rd percentile

0.9%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

77th percentile

$122,446

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

48th percentile

0.5%

Faster asset growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,323,897

Up $12,346 (+0.5%) from 2017

Net Assets

Up

$2,307,062

Up $12,255 (+0.5%) from 2017

Liabilities

Up

$16,835

Up $91 (+0.5%) from 2017

Revenue

Down

$1,313,801

Down $246,228 (-16%) from 2017

Expenses

Up

$1,301,546

Up $48,748 (+3.9%) from 2017

Net Income

Down

$12,255

Down $294,976 (-96%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $1,875,249Liabilities 2014: $10,156Net Assets 2014: $1,865,0932014Assets 2016: $2,003,328Liabilities 2016: $15,752Net Assets 2016: $1,987,5762016Assets 2017: $2,311,551Liabilities 2017: $16,744Net Assets 2017: $2,294,8072017Assets 2018: $2,323,897Liabilities 2018: $16,835Net Assets 2018: $2,307,0622018Assets 2019: $2,808,701Liabilities 2019: $25,544Net Assets 2019: $2,783,1572019Assets 2020: $3,210,877Liabilities 2020: $17,816Net Assets 2020: $3,193,0612020Assets 2021: $3,358,357Liabilities 2021: $79,124Net Assets 2021: $3,279,2332021Assets 2022: $3,339,047Liabilities 2022: $97,800Net Assets 2022: $3,241,2472022Assets 2023: $3,814,393Liabilities 2023: $104,695Net Assets 2023: $3,709,6982023Assets 2024: $3,129,393Liabilities 2024: $90,627Net Assets 2024: $3,038,7662024

Highlighted filing

2018

Assets$2,323,897
Liabilities$16,835
Net Assets$2,307,062

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,329,818Expenses 2014: $1,208,392Net Income 2014: $121,4262014Revenue 2016: $1,243,866Expenses 2016: $1,198,788Net Income 2016: $45,0782016Revenue 2017: $1,560,029Expenses 2017: $1,252,798Net Income 2017: $307,2312017Revenue 2018: $1,313,801Expenses 2018: $1,301,546Net Income 2018: $12,2552018Revenue 2019: $1,900,488Expenses 2019: $1,424,393Net Income 2019: $476,0952019Revenue 2020: $2,033,826Expenses 2020: $1,623,922Net Income 2020: $409,9042020Revenue 2021: $1,969,212Expenses 2021: $1,883,040Net Income 2021: $86,1722021Revenue 2022: $1,720,081Expenses 2022: $1,758,216Net Income 2022: -$38,1352022Revenue 2023: $2,175,841Expenses 2023: $1,745,518Net Income 2023: $430,3232023Revenue 2024: $1,911,828Expenses 2024: $2,581,760Net Income 2024: -$669,9322024

Highlighted filing

2018

Revenue$1,313,801
Expenses$1,301,546
Net Income$12,255
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 10, 2019
Return Version
2018v3.1
Gross Receipts
$1,313,801
Mission and Program Overview

Mission

Advancing sustainable, affordable, and energy efficient construction through education and technical support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,082,906$1,035,888▼ $47,018
Cash and Non-Interest-Bearing Accounts$907,605$1,023,337▲ $115,732
Accounts Receivable$301,011$227,235▼ $73,776
Land, Buildings, and Equipment, Net$14,626$31,947▲ $17,321
Inventories for Sale or Use$2,747$2,834▲ $87
Total Assets$2,311,551$2,323,897▲ $12,346
Other Assets Total$2,656$2,656→ $0
Liabilities
Accounts Payable and Accrued Expenses$16,744$16,835▲ $91
Total Liabilities$16,744$16,835▲ $91
Net Assets / Fund Balance
Unrestricted Net Assets$2,294,807$2,307,062▲ $12,255
Total Net Assets Fund Balance$2,294,807$2,307,062▲ $12,255
Total Liabilities and Net Assets / Fund Balance$2,311,551$2,323,897▲ $12,346

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,947$55,799$87,746
Investment Program Related Org$1,035,888--
Land$0--
Other Assets Org$2,656--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katherine C BleileExecutive DirectorFT$103,223$19,223$122,446

Board Members and Trustees

NameTitle
Bryan MangasPresident
Chris SterlingVice President
-Board Member
Aaron DotsonBoard Member
Cindy DavisBoard Member
Daniel FarrellBoard Member
Dona HuangBoard Member
Henry MillerBoard Member
Karen WildsBoard Member
Mark WaringBoard Member
Paul FergusonBoard Member
Robert ReedBoard Member
Rodes BoydBoard Member
Sylvia HallockBoard Member
Joan KelschSecretary
Jenny PalmerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,608
Program Service Revenue
$1,344,211
Investment Income
$-47,018
Other Revenue
$0
All Other Contributions
$16,608
Change in Net Assets
$12,255

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,313,801
Total Revenue per Audited Statements
$1,313,801
Total Revenue per Form 990
$1,313,801
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$698,613
Other Expenses$602,933
Total Fundraising Expense$3,111
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$430,264$225,825$0$656,089
All Other Expenses$102,693$40,132$3,111$145,936
Payroll Taxes$27,887$14,637$0$42,524
Occupancy$0$40,909$0$40,909
Payment Travel Entrtnmnt Publicly Ofcl$20,513$0$0$20,513
Depreciation Depletion$0$7,205$0$7,205
Insurance$0$6,434$0$6,434
Other Expenses$0$5,164$0$5,164
Travel$5,121$0$0$5,121
Office Expenses$0$3,069$0$3,069
Total Functional Expenses$955,060$343,375$3,111$1,301,546

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,301,546
Total Expenses per Audited Statements$1,301,546
Total Expenses per Form 990$1,301,546
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Filing and Contact Details

Filer

Filer Name
Viridiant
EIN
26-3983513
Phone
8042259843
Address
1431 W Main Street, Richmond, VA 23220

Signing Officer

Name
Katherine C Bleile
Title
Executive Director
Phone
8042259843
Signed
2019-09-10
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
16
Employees
13
Volunteers
0

Preparer

Firm
Dooley & Vicars
Address
21 S SHEPPARD ST, RICHMOND, VA 23221
Preparer
Thomas E TurnerCPA
Phone
8043552808
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Executive Director approves the 990.

Pt VI, Line 19

Documents are available to the public by request.

Form 990, Part IX, Line 24E

Maintenance 9370. 9370. 0. 0.

Form 990, Part IX, Line 24E

Postage 261. 0. 261. 0.

Form 990, Part IX, Line 24E

Professional Fees 10169. 0. 10169. 0.

Form 990, Part IX, Line 24E

Provider Fee 27648. 27648. 0. 0.

Form 990, Part IX, Line 24E

Public Relations 13062. 0. 13062. 0.

Form 990, Part IX, Line 24E

Miscellaneous 54920. 37821. 13988. 3111.

Form 990, Part IX, Line 24E

Training Expense 1251. 1251. 0. 0.

Form 990, Part IX, Line 24E

Meals and Entertainment 2652. 0. 2652. 0.

Form 990, Part IX, Line 24E

Dues 6460. 6460. 0. 0.

Form 990, Part IX, Line 24E

Events 8765. 8765. 0. 0.

Form 990, Part IX, Line 24E

Bad Debt Expense 11378. 11378. 0. 0.

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IRS990/Desc0Viridiant, with its partners, has delivered the EarthCraft House and EarthCraft Multifamily programs for the last 13 years, ensuring 24,000 individuals and families live in sustainable, affordable housing and improving the energy efficiency and sustainability of buildings.In 2018, Viridiant helped put 2,559 families into homes that are more affordable, more livable, and more durable. That equals 7.2 gWh hours of energy and over $1 million saved - each year.Viridiant provides education and technical support throughout the design-build process to enable building partners, including builders, developers and many nonprofit and housing authorities, to learn how to build sustainable, energy-efficient construction affordably, ensure residents experience healthier homes that are cost effective to operate, and build more vibrant, durable communities.
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IRS990/Form990PartVIISectionAGrp/PersonNm11Robert Reed
IRS990/Form990PartVIISectionAGrp/PersonNm12Henry Miller
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IRS990/Form990PartVIISectionAGrp/PersonNm14Robert Reed
IRS990/Form990PartVIISectionAGrp/PersonNm15Karen Wilds
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
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