Civic Intelligence

Smyth County Community Foundation

990 • Fiscal year 2022 • EIN 31-1650055

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 14, 2023

Organization ProfileN/A

Refreshing map…

1 Health WayMarion, VA 24354

(276) 781-2743

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

98th percentile

94%

Higher net margin than 98% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

12th percentile

$90,569

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

97th percentile

148%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

1004%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets6th percentile

Assets

Up

$46,121,991

Up $27,526,700 (+148%) from 2021

Net Assets

Up

$46,039,652

Up $27,588,687 (+150%) from 2021

Liabilities

Down

$82,339

Down $61,987 (-43%) from 2021

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin98th percentile

Revenue

Up

$35,613,438

Up $32,387,746 (+1004%) from 2021

Expenses

Up

$1,960,651

Up $118,503 (+6.4%) from 2021

Net Income

Up

$33,652,787

Up $32,269,243 (+2332%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$60M$40M$20M$0Assets 2010: $23,509,677Liabilities 2010: $3,010,558Net Assets 2010: $20,499,1192010Assets 2011: $15,601,689Liabilities 2011: $2,785,956Net Assets 2011: $12,815,7332011Assets 2012: $15,814,815Liabilities 2012: $1,739,551Net Assets 2012: $14,075,2642012Assets 2013: $15,665,376Liabilities 2013: $1,134,766Net Assets 2013: $14,530,6102013Assets 2014: $15,621,102Liabilities 2014: $327,419Net Assets 2014: $15,293,6832014Assets 2015: $14,812,068Liabilities 2015: $141,441Net Assets 2015: $14,670,6272015Assets 2016: $15,501,995Liabilities 2016: $91,753Net Assets 2016: $15,410,2422016Assets 2017: $15,952,061Liabilities 2017: $171,478Net Assets 2017: $15,780,5832017Assets 2018: $15,843,982Liabilities 2018: $166,599Net Assets 2018: $15,677,3832018Assets 2019: $15,835,333Liabilities 2019: $207,331Net Assets 2019: $15,628,0022019Assets 2020: $15,886,872Liabilities 2020: $166,539Net Assets 2020: $15,720,3332020Assets 2021: $18,595,291Liabilities 2021: $144,326Net Assets 2021: $18,450,9652021Assets 2022: $46,121,991Liabilities 2022: $82,339Net Assets 2022: $46,039,6522022Assets 2024: $57,574,641Liabilities 2024: $1,333,858Net Assets 2024: $56,240,7832024

Highlighted filing

2022

Assets$46,121,991
Liabilities$82,339
Net Assets$46,039,652
Open 2022 Filing

Operations Trend

Revenue Growth99th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $2,023,6512010Expenses 2011: $2,494,7702011Expenses 2012: $1,848,1072012Expenses 2013: $1,858,9942013Revenue 2014: $1,887,106Expenses 2014: $1,536,641Net Income 2014: $350,4652014Revenue 2015: $1,686,841Expenses 2015: $1,548,967Net Income 2015: $137,8742015Revenue 2016: $1,589,045Expenses 2016: $1,755,133Net Income 2016: -$166,0882016Revenue 2017: $1,626,740Expenses 2017: $1,664,587Net Income 2017: -$37,8472017Revenue 2018: $1,681,831Expenses 2018: $1,754,463Net Income 2018: -$72,6322018Revenue 2019: $1,791,711Expenses 2019: $1,688,577Net Income 2019: $103,1342019Revenue 2020: $1,423,330Expenses 2020: $1,600,427Net Income 2020: -$177,0972020Revenue 2021: $3,225,692Expenses 2021: $1,842,148Net Income 2021: $1,383,5442021Revenue 2022: $35,613,438Expenses 2022: $1,960,651Net Income 2022: $33,652,7872022Revenue 2024: $2,670,521Expenses 2024: $3,318,973Net Income 2024: -$648,4522024

Highlighted filing

2022

Revenue$35,613,438
Expenses$1,960,651
Net Income$33,652,787
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 14, 2023
Return Version
2021v4.2
Gross Receipts
$35,613,438
Mission and Program Overview

Mission

To support the mission of smyth county community hospital by identifying and supporting qualified programs and projects that contribute to the improved physical, mental and emotional health status of the citizens of smyth county and the service area of the hospital.

To support the mission of smyth county community foundation by identifying and supporting qualified programs and projects that contribute to the improved physical, mental and emotional health status of the citizens of smyth county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,838,936$26,038,499▲ $18,199,563
Investments Other Securities$3,523,175$13,041,020▲ $9,517,845
Land, Buildings, and Equipment, Net$7,011,790$6,820,759▼ $191,031
Accounts Receivable$68,061$57,598▼ $10,463
Prepaid Expenses and Deferred Charges$33,820$45,703▲ $11,883
Inventories for Sale or Use$26,401$35,359▲ $8,958
Cash and Non-Interest-Bearing Accounts$26,079$16,024▼ $10,055
Total Assets$18,595,291$46,121,991▲ $27,526,700
Other Assets Total$67,029$67,029→ $0
Liabilities
Accounts Payable and Accrued Expenses$129,608$62,667▼ $66,941
Deferred Revenue$14,718$19,672▲ $4,954
Total Liabilities$144,326$82,339▼ $61,987
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,621,269$46,039,652▲ $39,418,383
Net Assets With Donor Restrictions$11,829,696$0▼ $11,829,696
Total Net Assets Fund Balance$18,450,965$46,039,652▲ $27,588,687
Total Liabilities and Net Assets / Fund Balance$18,595,291$46,121,991▲ $27,526,700

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,076,544$3,248,880$9,325,424
Equipment$612,545$2,774,791$3,387,336
Leasehold Improvements$6,670$2,272,194$2,278,864
Land$125,000-$125,000
Other Securities$6,831,720--
Compensation and Service Providers
Top Officer Pay12th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert WatkinsExecutive DirectorFT$90,509$60$90,569

Board Members and Trustees

NameTitle
Michael Robinson PhdChair
Lynda HeltonVice Chair
Brian HaynesDirector
Brian Thompson DmdDirector
Chelsea Hamman MdDirector
David FieldsDirector
David Kiser MdDirector
Dawn ArcherDirector
Dennis Carter EddDirector
Emily Brailey DoDirector
John Graham EsqDirector
Merrelle WardDirector
Sandra CatalanDirector
Paul Holcombe EsqSecretary
Christopher SnodgrassTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,244,286
Investment Income
$34,369,152
Other Revenue
$0
Change in Net Assets
$33,652,787

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,613,438
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-6,070,523
Total Revenue per Audited Statements
$29,542,915
Total Revenue per Form 990
$35,613,438
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$976,069
Salaries, Compensation, and Employee Benefits$839,618
Grants and Similar Amounts Paid$144,964
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$597,036$43,419-$640,455
Occupancy$205,618$77,505-$283,123
Depreciation Depletion$51,780$170,184-$221,964
Grants to Domestic Orgs$144,964--$144,964
Current Officers, Directors, Trustees, and Key Employees$90,509--$90,509
Insurance$50,133$10,380-$60,513
Payroll Taxes$58,131--$58,131
Fees for Services Legal-$53,321-$53,321
Other Expenses$51,428--$51,428
Other Employee Benefits$50,523--$50,523
Advertising$22,391$11,125-$33,516
Fees for Service Investment Mgmnt Fees-$26,584-$26,584
All Other Expenses$13,559$7,656-$21,215
Fees for Services Other$597$5,000-$5,597
Office Expenses$4,247$235-$4,482
Travel$3,377--$3,377
Total Functional Expenses$1,555,242$405,409$0$1,960,651

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,960,651
Total Expenses per Form 990$1,960,651
Total Expenses per Audited Statements$1,954,933
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-5,718
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Appalachian Center for Hope IncMarion, VA501(c)(3)Support Substance Abuse Recovery for Pregnant Women$100,000
Mel Leaman Free ClinicMarion, VA501(c)(3)Dental Grant$18,000
First United Methodist PreschoolMarion, VA501(c)(3)Renovation of Playground$14,764
Oak Point Elementary SchoolMarion, VA501(c)(3)Renovation of Playground$10,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 A, Line 4

“In fiscal year 2022, the entity underwent a significant reorganization. The organization opted to change its name from the "smyth county community foundation" to "smyth county charitable fund." this change aligns with its revised mission, which shifted its focus from supporting the smyth county community hospital to now supporting the newly established smyth county community foundation, a newly organized 501(c)(3) entity. The reorganization was accompanied by noteworthy updates to the organization's by-laws and articles of incorporation. Specifically, a decision was taken to revise the board of director limit, which now stands at a maximum of 17 directors. Additionally, a minimum requirement of 11 directors was introduced, emphasizing the importance of substantial representation and inclusive decision-making. Moreover, the change in mission also resulted in removing the previous mandate that dictated 8 directors must serve on the smyth county community hospital board and lifetime wellness center board. The reorganization and the aforementioned changes in the by-laws and articles of incorporation collectively demonstrate the organization's dedication to progress and its updated vision to meet the evolving needs of the smyth county community.”

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

“The foundation's form 990 was given to management who then provided it to members of the finance committee of the board of directors for their review.”

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

“Annually, all directors are required to sign a confidentiality / compliance document.”

Form 990, Part VI, Section C, Line 18

“AVAILABLE UPON REQUEST.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Smyth County Charitable Fund
EIN
31-1650055
Phone
2767812743
Address
1 HEALTH WAY, MARION, VA 24354

Signing Officer

Name
Kevin Vernon CFO
Title
CFO
Phone
2763788090
Signed
2023-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Vernon
Formed
1999
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
16
Employees
67
Volunteers
0

Preparer

Firm
Brown Edwards & Company Llp
Address
105 ARBOR DRIVE 3RD FLOOR, CHRISTIANSBURG, VA 24073
Preparer
Mark Woolwine
Phone
5404433606
Supplemental Narrative

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Investment management fees”

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt033700000
IRS990/GainOrLossGrp/SecuritiesAmt0355505
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt0144964
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0144964
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0144964
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt033700000
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0355505
IRS990/GrossReceiptsAmt035613438
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt010380
IRS990/InsuranceGrp/ProgramServicesAmt050133
IRS990/InsuranceGrp/TotalAmt060513
IRS990/InventoriesForSaleOrUseGrp/BOYAmt026401
IRS990/InventoriesForSaleOrUseGrp/EOYAmt035359
IRS990/InvestmentIncomeGrp/ExclusionAmt0313647
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0313647
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03523175
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt013041020
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07838936
IRS990/InvestmentsPubTradedSecGrp/EOYAmt026038499
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08295865
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07011790
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06820759
IRS990/LandBldgEquipCostOrOtherBssAmt015116624
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT THE MISSION OF SMYTH COUNTY COMMUNITY FOUNDATION BY IDENTIFYING AND SUPPORTING QUALIFIED PROGRAMS AND PROJECTS THAT CONTRIBUTE TO THE IMPROVED PHYSICAL, MENTAL AND EMOTIONAL HEALTH STATUS OF THE CITIZENS OF SMYTH COUNTY AND THE SURROUNDING AREAS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt018450965
IRS990/NetAssetsOrFundBalancesEOYAmt046039652
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt034055505
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt034055505
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-6070523
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06621269
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt046039652
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt077505
IRS990/OccupancyGrp/ProgramServicesAmt0205618
IRS990/OccupancyGrp/TotalAmt0283123
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0235
IRS990/OfficeExpensesGrp/ProgramServicesAmt04247
IRS990/OfficeExpensesGrp/TotalAmt04482
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt067029
IRS990/OtherAssetsTotalGrp/EOYAmt067029
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt050523
IRS990/OtherEmployeeBenefitsGrp/TotalAmt050523
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt083928
IRS990/OtherExpensesGrp/ProgramServicesAmt172126
IRS990/OtherExpensesGrp/ProgramServicesAmt254895
IRS990/OtherExpensesGrp/ProgramServicesAmt351428
IRS990/OtherExpensesGrp/TotalAmt083928
IRS990/OtherExpensesGrp/TotalAmt172126
IRS990/OtherExpensesGrp/TotalAmt254895
IRS990/OtherExpensesGrp/TotalAmt351428
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043419
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0597036
IRS990/OtherSalariesAndWagesGrp/TotalAmt0640455
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt058131
IRS990/PayrollTaxesGrp/TotalAmt058131
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt033820
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt045703
IRS990/PrincipalOfficerNm0KEVIN VERNON
IRS990/PriorPeriodAdjustmentsAmt06423
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713940
IRS990/ProgramServiceRevenueGrp/BusinessCd1531190
IRS990/ProgramServiceRevenueGrp/BusinessCd2561000
IRS990/ProgramServiceRevenueGrp/Desc0LIFETIME WELLNESS MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/Desc1LEASE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2GOLF COURSE OPERATING REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01045636
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1152817
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt245833
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01045636
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1152817
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt245833
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01686833
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt08700
IRS990/PYInvestmentIncomeAmt0543655
IRS990/PYOtherExpensesAmt01106953
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0995204
IRS990/PYRevenuesLessExpensesAmt01383544
IRS990/PYSalariesCompEmpBnftPaidAmt0726495
IRS990/PYTotalExpensesAmt01842148
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03225692
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt033652787
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01244286
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SubstitutionBeyondOrgCntlInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgClassDesignatedInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SMYTH COUNTY CHARITABLE FUND PROVIDED MULTIPLE GRANTS TOTALING $144,963 TO ORGANIZATIONS WHOSE ACTIVITIES AND MISSION CLOSELY ALIGN WITH THE FUND'S OWN PROGRAMS AND INITIATIVES. THESE GRANTS WERE SPECIFICALLY DIRECTED TOWARDS SERVING THE SMYTH COUNTY COMMUNITY, BENEFITING THE PHYSICAL, MENTAL AND EMOTIONAL HEALTH OF THE VERY SAME INDIVIDUALS WHO ARE ALSO SUPPORTED BY THE RECIPIENT ORGANIZATIONS. RECIPIENT ORGANIZATIONS WERE SELECTED THAT SHARED A COMMITMENT TO MAKING A POSITIVE DIFFERENCE IN SMYTH COUNTY. THE PROJECTS AND PROGRAMS SUPPORTED ENHANCE COMMUNITY WELL-BEING BY PROVIDING ASSISTANCE TO VARIOUS COMMUNITY MEMBERS, INCLUDING SUPPORT FOR SUBSTANCE ABUSE RECOVERY FOR PREGNANT WOMAN, FREE DENTAL SERVICES FOR THOSE IN NEED, AS WELL AS PLAYGROUND EQUIPMENT AND BACKPACK LUNCHES FOR LOCAL CHILDREN.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1IN NOVEMBER 15, 2021 THE SMYTH COUNTY COMMUNITY FOUNDATION SOLD ITS 20% SHARES TO BALLAD HEALTH FOR $33,700,000. THIS ACTION DISSOLVED THE SMYTH COUNTY COMMUNITY HOSPITAL AS THE FOUNDATION'S SUPPORT ORGANIZATION. THE FOUNDATION BOARD THEN CHANGED ITS NAME TO SMYTH COUNTY CHARITABLE FUND, AND ORGANIZED A NEW ENTITY "SMYTH COUNTY COMMUNITY FOUNDATION" (EIN: 88-1039448) TO REPLACE SMYTH COUNTY COMMUNITY HOSPITAL (EIN: 54-0794913) AS THEIR SUPPORT ORGANIZATION. THE NEW ENTITY RECEIVED 501C(3) STATUS LETTER FROM IRS ON JANUARY 25, 2023 EFFECTIVE MARCH 4, 2022.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 6
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 5A
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0881039448
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SMYTH COUNTY COMMUNITY FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06076544
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03248880
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09325424
IRS990ScheduleD/EquipmentGrp/BookValueAmt0612545
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02774791
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03387336
IRS990ScheduleD/ExpensesNotReportedAmt0-5718
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01960651
IRS990ScheduleD/LandGrp/BookValueAmt0125000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0125000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06670
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02272194
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02278864
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-6070523
IRS990ScheduleD/OtherExpensesIncludedAmt0-5718
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0758978

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Filings

Displayed year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$46,121,991
Liabilities
$82,339
Net assets
$46,039,652
Revenue
$35,613,438
Expenses
$1,960,651
Net income
$33,652,787
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.6$1.33$56.2$2.67$3.32$0.65
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.1$0.08$46.0$35.6$1.96$33.7
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$0.14$18.5$3.23$1.84$1.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.9$0.17$15.7$1.42$1.60$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.8$0.21$15.6$1.79$1.69$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.8$0.17$15.7$1.68$1.75$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.0$0.17$15.8$1.63$1.66$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$0.09$15.4$1.59$1.76$0.17
2015Detailed filing. Detailed filing data is available for this year.$14.8$0.14$14.7$1.69$1.55$0.14
2014Detailed filing. Detailed filing data is available for this year.$15.6$0.33$15.3$1.89$1.54$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$1.13$14.5$1.86
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$1.74$14.1$1.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$2.79$12.8$2.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.5$3.01$20.5$2.02