Civic Intelligence

The Southeast Virginia Community

EIN 27-2529017 • 501(c)3 • Chesapeake, VA

Profile

Connecting people who care with causes large and small to benefit the communities we serve.

1435 Crossways Blvd Suite 303Chesapeake, VA 23320

www.sevacf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.12x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

1.47x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

85th percentile

40%

Higher net margin than 85% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

63rd percentile

9.3%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

78th percentile

29%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$18,286,819

Up $2,990,025 (+20%) from 2022

Liabilities

Up

$2,240,595

Up $599,895 (+37%) from 2022

Net Assets

Up

$16,046,224

Up $2,390,130 (+18%) from 2022

Operations
Liabilities / Revenue85th percentileNet Margin85th percentile

Revenue

Up

$1,521,800

Up $600,619 (+65%) from 2022

Expenses

Down

$919,484

Down $274,996 (-23%) from 2022

Net Income

Up

$602,316

Up $875,615 (+320%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $8,790,655Liabilities 2011: $514Net Assets 2011: $8,790,1412011Assets 2012: $10,168,630Liabilities 2012: $51,923Net Assets 2012: $10,116,7072012Assets 2015: $11,960,052Liabilities 2015: $44,445Net Assets 2015: $11,915,6072015Assets 2016: $12,376,030Liabilities 2016: $92,531Net Assets 2016: $12,283,4992016Assets 2017: $13,799,272Liabilities 2017: $101,415Net Assets 2017: $13,697,8572017Assets 2018: $12,673,743Liabilities 2018: $60,687Net Assets 2018: $12,613,0562018Assets 2019: $15,048,351Liabilities 2019: $34,451Net Assets 2019: $15,013,9002019Assets 2020: $16,851,243Liabilities 2020: $16,986Net Assets 2020: $16,834,2572020Assets 2021: $18,769,876Liabilities 2021: $1,903,617Net Assets 2021: $16,866,2592021Assets 2022: $15,296,794Liabilities 2022: $1,640,700Net Assets 2022: $13,656,0942022Assets 2024: $18,286,819Liabilities 2024: $2,240,595Net Assets 2024: $16,046,2242024

Highlighted filing

2024

Assets$18,286,819
Liabilities$2,240,595
Net Assets$16,046,224
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $996,2952011Expenses 2012: $873,9142012Revenue 2015: $1,371,991Expenses 2015: $1,290,480Net Income 2015: $81,5112015Revenue 2016: $1,459,102Expenses 2016: $1,636,577Net Income 2016: -$177,4752016Revenue 2017: $1,826,166Expenses 2017: $1,067,295Net Income 2017: $758,8712017Revenue 2018: $1,360,635Expenses 2018: $1,182,099Net Income 2018: $178,5362018Revenue 2019: $2,210,649Expenses 2019: $1,223,195Net Income 2019: $987,4542019Revenue 2020: $1,944,868Expenses 2020: $1,139,355Net Income 2020: $805,5132020Revenue 2021: $2,013,297Expenses 2021: $1,214,837Net Income 2021: $798,4602021Revenue 2022: $921,181Expenses 2022: $1,194,480Net Income 2022: -$273,2992022Revenue 2024: $1,521,800Expenses 2024: $919,484Net Income 2024: $602,3162024

Highlighted filing

2024

Revenue$1,521,800
Expenses$919,484
Net Income$602,316
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$18,286,819
Liabilities
$2,240,595
Net assets
$16,046,224
Revenue
$1,521,800
Expenses
$919,484
Net income
$602,316
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.3$2.24$16.0$1.52$0.92$0.60
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$1.64$13.7$0.92$1.19$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.8$1.90$16.9$2.01$1.21$0.80
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.9$0.02$16.8$1.94$1.14$0.81
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$0.03$15.0$2.21$1.22$0.99
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.7$0.06$12.6$1.36$1.18$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$0.10$13.7$1.83$1.07$0.76
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$0.09$12.3$1.46$1.64$0.18
2015Detailed filing. Detailed filing data is available for this year.$12.0$0.04$11.9$1.37$1.29$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$0.05$10.1$0.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.79$0.00$8.79$1.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.0
Gross Receipts
$3,895,684
Mission and Program Overview

Mission

Connecting people who care with causes large and small to benefit the communities we serve.

Sevacf enhances the quality of the life in south hampton roads by connecting people who care with causes large and small, managing charitable funds, and providing grants and scholarships for (continued on schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,376,166$16,976,554▲ $1,600,388
Savings and Temporary Cash Investments$1,498,461$1,301,736▼ $196,725
Land, Buildings, and Equipment, Net$11,994$8,429▼ $3,565
Prepaid Expenses and Deferred Charges$4,689--
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$16,891,410$18,286,819▲ $1,395,409
Liabilities
Other Liabilities$1,837,526$2,240,595▲ $403,069
Accounts Payable and Accrued Expenses$609--
Total Liabilities$1,838,135$2,240,595▲ $402,460
Net Assets / Fund Balance
Net Assets With Donor Restrictions$13,362,979$13,487,738▲ $124,759
Net Assets Without Donor Restrictions$1,690,296$2,558,486▲ $868,190
Total Net Assets Fund Balance$15,053,275$16,046,224▲ $992,949
Total Liabilities and Net Assets / Fund Balance$16,891,410$18,286,819▲ $1,395,409

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,429$74,228$82,657

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$7,066,593$9,550▲ $719,054-$7,032,410
2023$6,265,585$424,350▲ $1,032,521-$7,066,593
2022$7,572,717$103,783▼ $1,143,847-$6,265,585
2021$7,022,875$52,760▲ $763,927-$7,572,717
2020$6,239,744$371,181▲ $642,244-$7,022,875
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Richard E H WentzCEOFT$67,400$67,400

Board Members and Trustees

NameTitle
Stephen KorvingPresident
Ashton Lewis JrDirector
Bett CornettaDirector
Carolyn BernardDirector
Clay RobertsonDirector
Dr Joe RampersadDirector
Emily RobbinsDirector
Scott MathesonDirector
Charles G Hackworth SrOfficer
Thomas E WoodOfficer
Amy W FolkesPast Pres.
Timothy S CulpepperPast Pres.
Michelle ButlerSecretary
Doris CobbTreasurer
Carl L HardeeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$300,206
Program Service Revenue
$0
Investment Income
$989,966
Other Revenue
$231,628
All Other Contributions
$300,206
Change in Net Assets
$602,316

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,229,919
Revenue Not Reported on Financial Statements
$291,881
Revenue Not Reported on Form 990
$390,633
Total Revenue per Audited Statements
$1,620,552
Total Revenue per Form 990
$1,521,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$635,786
Salaries, Compensation, and Employee Benefits$184,649
Other Expenses$99,049
Total Fundraising Expense$5,863
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$562,375--$562,375
Other Salaries and Wages$66,583$12,485$4,162$83,230
Grants to Domestic Individuals$73,411--$73,411
Current Officers, Directors, Trustees, and Key Employees$67,400--$67,400
Information Technology$20,987$5,247-$26,234
Other Employee Benefits$18,019$3,378$1,126$22,523
Fees for Services Other$12,592$3,148-$15,740
Occupancy$9,206$2,302-$11,508
Payroll Taxes$9,197$1,724$575$11,496
Fees for Services Accounting$6,800$1,700-$8,500
All Other Expenses$3,692$741-$4,433
Insurance$3,986$443-$4,429
Depreciation Depletion$2,852$713-$3,565
Advertising$3,176--$3,176
Other Expenses$1,430$357-$1,787
Conferences and Meetings$1,090$272-$1,362
Office Expenses$709$178-$887
Fees for Services Legal$228$57-$285
Total Functional Expenses$880,085$33,536$5,863$919,484

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$919,484
Expenses per Audited Statements$627,603
Total Expenses per Audited Statements$627,603
Expenses Not Reported on Financial Statements$291,881
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Memorial Sloan-kettering Cancer CtrChesapeake, VA501c3Health & Human$87,100
St Pius X Catholic Church--Religion$50,000
Medical College of Virginia FdnPortsmouth, VA501c3Education$40,000
Hruhca Memorial ScholarshipChesapeake, VA501c3Education$25,000
Four States Christian Mission IncNorfolk, VA501c3Religion$23,000
Armed Services Ymca of Hampton RoadVirginia Beach, VA501c3Health/human Svcs$20,000
East Palo Alto Greyhounds YouthPortsmouth, VA501c6Health & Human Srv$18,000
Edmarc IncNorfolk, VA501c3Health & Human Srv$15,969
Rotary Club of North Suffolk Va--Health & Human Srv$15,000
Oscar Smith High SchoolPortsmouth, VA501c3Education$12,000
Roc Solid Foundation Inc--Health & Human$12,000
Portsmouth Sports Foundation Inc--Health & Human Srv$11,000
Churchland Baptist ChurchChesapeake, VA501c3Religious$10,143
Holiday House of Portsmouth IncRichmond, VA501c3Capital$10,000
Horizons Hampton Roads IncNew York, NY501c3Health/human Srv$10,000
Meals on Wheels of Chesapeake IncPortsmouth, VA501c3Health & Human Srv$10,000
Communitites in Schools of HamptonNorfolk, VA501c3Education$8,000
Portsmouth Museums--Education$8,000
All District ReadsNorfolk, VA501c3Education$7,500
CHILDREN'S HEALTH INVESTMENT PROGChesapeake, VA501c3Education$7,296
Portsmouth Public Library--Education$7,061
Hoffler Creek Wildlife FoundationChesapeake, VA501c3Environment$7,000
Partnership Develoment FoundationChesapeake, VA501c3Capital$7,000
Help & Emergency Response IncNorfolk, VA501c3Health & Human Srv$6,750
The Community Outreach Coalition--Education$6,400
Ymca of South Hampton Roads--Health/human Svcs$6,089
Great Bridge Battlefield & WaterwayPortsmouth, VA501c3Capital$6,000
Hampton Roads Workforce FoundationPortsmouth, VA501c3Health & Human Srv$6,000
For Kids IncChesapeake, VA501c3Health & Human Srv$5,800
Portsmouth Christian Outreach--Health & Human Srv$5,500
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
Funds Held for Others as Agency Endo$2,240,595
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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, Page 6, Part VI, Line 11B

“The executive director, president, treasurer and chair of the finance committee review the return before it is filed.”

Form 990, Page 6, Part VI, Line 12C

“On an annual basis, at the first meeting of the fiscal and calendar year, a copy of the foundation's conflict of interest statement will be distributed to each member of the foundation board of directors and trust distribution committee for completion. Completed statements will be collected at the end of the meeting. Members not present will receive a copy of the conflict of interest statement by usps mail or email completion. The foundation aministrative staff will follow up with each board member to ensure a completed statement is on file for each member. Each board meeting package will include a list of foundation board member and trust distribution committee member conflicts listed on their statement. The listing will be refered to prior to any vote related to potential conflicts.”

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

“Documents can be viewed on the organization's website as well as another's website. They are also available upon request.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Southeast Virginia Community
EIN
27-2529017
Phone
7573975424
Address
1435 CROSSWAYS BLVD SUITE 303, CHESAPEAKE, VA 23320

Signing Officer

Name
Richard E H Wentz
Title
CEO
Phone
7573975424
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard E H Wentz
Formed
2010
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
15

Preparer

Firm
Barnes Brock Cornwell & Painter Plc
Address
908 EDEN WAY N STE 201, CHESAPEAKE, VA 23320-2640
Preparer
Amanda L Richter CPA
Phone
7579615017
Supplemental Narrative

Additional Explanations

Form 990

“Mission statement continued: our community's most pressing needs and promising opportunities.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a return, only when it is determined that the income tax position will more- likely-than-not be sustained upon examination by taxing authorities. The organization has analyzed the tax positions taken in its filings with the internal revenue service. The organization believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the organization's financial condition, results of operations or cash flows. Accordingly, the organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at december 31, 2024.”

Schedule D, Page 4, Part XIII

“The organization's federal return of organization exempt from income tax (form 990) for 2024, 2023, and 2022 are subject to examination by the irs, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 765 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/ActivityOrMissionDesc0SEVACF ENHANCES THE QUALITY OF THE LIFE IN SOUTH HAMPTON ROADS BY CONNECTING PEOPLE WHO CARE WITH CAUSES LARGE AND SMALL, MANAGING CHARITABLE FUNDS, AND PROVIDING GRANTS AND SCHOLARSHIPS FOR (CONTINUED ON SCHEDULE O)
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