Civic Intelligence

The Harps Foundation

990 • Fiscal year 2016 • EIN 31-1657824

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

4101 Grove AvenueRichmond, VA 23221

(804) 353-7001

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

50th percentile

2.9%

Higher net margin than 50% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

87th percentile

$32,695

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

59th percentile

7.4%

Faster asset growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

60th percentile

7.2%

Faster revenue growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$176,820

Up $12,171 (+7.4%) from 2015

Net Assets

Up

$176,270

Up $12,071 (+7.4%) from 2015

Liabilities

Up

$550

Up $100 (+22%) from 2015

Revenue

Up

$422,493

Up $28,229 (+7.2%) from 2015

Expenses

Up

$410,423

Up $18,425 (+4.7%) from 2015

Net Income

Up

$12,070

Up $9,804 (+433%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $164,649Liabilities 2015: $450Net Assets 2015: $164,1992015Assets 2016: $176,820Liabilities 2016: $550Net Assets 2016: $176,2702016Assets 2017: $94,082Liabilities 2017: $16,594Net Assets 2017: $77,4882017Assets 2018: $60,175Liabilities 2018: $27,578Net Assets 2018: $32,5972018Assets 2019: $91,016Liabilities 2019: $26,747Net Assets 2019: $64,2692019Assets 2020: $139,955Liabilities 2020: $21,028Net Assets 2020: $118,9272020Assets 2021: $285,568Liabilities 2021: $17,421Net Assets 2021: $268,1472021Assets 2022: $217,103Liabilities 2022: $15,529Net Assets 2022: $201,5742022Assets 2024: $133,678Liabilities 2024: $16,807Net Assets 2024: $116,8712024

Highlighted filing

2016

Assets$176,820
Liabilities$550
Net Assets$176,270

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $394,264Expenses 2015: $391,998Net Income 2015: $2,2662015Revenue 2016: $422,493Expenses 2016: $410,423Net Income 2016: $12,0702016Revenue 2017: $597,957Expenses 2017: $603,589Net Income 2017: -$5,6322017Revenue 2018: $429,910Expenses 2018: $474,801Net Income 2018: -$44,8912018Revenue 2019: $488,599Expenses 2019: $467,431Net Income 2019: $21,1682019Revenue 2020: $228,773Expenses 2020: $174,115Net Income 2020: $54,6582020Revenue 2021: $439,266Expenses 2021: $290,047Net Income 2021: $149,2192021Revenue 2022: $191,117Expenses 2022: $257,687Net Income 2022: -$66,5702022Revenue 2024: $209,846Expenses 2024: $255,575Net Income 2024: -$45,7292024

Highlighted filing

2016

Revenue$422,493
Expenses$410,423
Net Income$12,070
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$424,360
Mission and Program Overview

Mission

SEE SCHEDULE ATTACHED

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$82,659$81,000▼ $1,659
Cash and Non-Interest-Bearing Accounts$31,567$53,353▲ $21,786
Receivable From Disqualified Prsn$32,213$20,700▼ $11,513
Prepaid Expenses and Deferred Charges$18,210$15,327▼ $2,883
Accounts Receivable-$6,440-
Total Assets$164,649$176,820▲ $12,171
Liabilities
Other Liabilities$450$550▲ $100
Total Liabilities$450$550▲ $100
Net Assets / Fund Balance
Unrestricted Net Assets$137,577$149,648▲ $12,071
Temporarily Rstr Net Assets$24,422$24,422→ $0
Permanently Rstr Net Assets$2,200$2,200→ $0
Total Net Assets Fund Balance$164,199$176,270▲ $12,071
Total Liabilities and Net Assets / Fund Balance$164,649$176,820▲ $12,171
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Lynnelle EdigerExec.directo$29,695$3,000$32,695

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$358,314
Program Service Revenue
$62,096
Investment Income
$2,083
Other Revenue
$0
All Other Contributions
$350,899
Change in Net Assets
$12,070

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$76,800Fair Market Value (FMV) & Fair Rental Value
Real Estate Commercial1$54,000Fair Market Value (FMV) & Fair Rental Value
Other Non Cash Contri Table1$20,000Based on Wage Rates
Other Non Cash Contri Table1$5,000Based-fair Market Value
Other Non Cash Contri Table1$5,000Based on Wage Rates
Total Noncash Contributions5$160,800-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$330,462
Salaries, Compensation, and Employee Benefits$79,961
Total Fundraising Expense$15,386
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$62,029--$62,029
All Other Expenses$45,565--$45,565
Other Salaries and Wages$21,617$6,633-$28,250
Current Officers, Directors, Trustees, and Key Employees$20,288$6,407-$26,695
Other Expenses$18,551-$15,386$18,551
Other Employee Benefits$14,689--$14,689
Advertising$10,921--$10,921
Insurance$9,704--$9,704
Depreciation Depletion$9,218--$9,218
Payroll Taxes$5,424$1,663-$7,087
Office Expenses$6,303--$6,303
Pension Plan Contributions$3,240--$3,240
Travel$2,559--$2,559
Fees for Services Accounting$2,100--$2,100
Fees for Services Legal$1,923--$1,923
Fees for Services Other$1,634--$1,634
Information Technology$1,105--$1,105
Interest$506--$506
Total Functional Expenses$380,334$14,703$15,386$410,423
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$32,213$20,700▼ $11,513
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Withheld$550
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Copies of the form 990 are given to each board member and discussed at board meetings.

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

This is a very small organization and a small board. The conflict of interst policy is discussed at least annually at board meetings.

Form 990, Page 6, Part VI, Line 19

Form 990 and other governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Harps Foundation
EIN
31-1657824
Phone
8043537001
Address
4101 GROVE AVENUE, RICHMOND, VA 23221

Signing Officer

Name
Lynnelle Ediger
Title
Exec.director
Phone
8043537001
Signed
2017-11-15

Organization Details

Principal Officer
Lynnelle Ediger
Voting Board Members
12
Independent Board Members
12
Employees
4

Preparer

Firm
E Thomas Carson CPA Pc
Address
8100 THREE CHOPT RD STE 209, RICHMOND, VA 23229
Preparer
E Thomas Carson
Phone
8046737400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Concert expenses 15,461 0 0 rental equipment 9,582 0 0 bank service charges 5,662 0 0 in-kind hr consultants 5,000 0 0 maintenance 3,932 0 0 computer expense 2,229 0 0 telecommunications 1,987 0 0 taxes & licenses 706 0 0 dues & membrships 626 0 0 auto expenses 306 0 0 miscellaneous 45 0 0 cogs 29 0 0 total 45,565 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference 1

Raw XML AppendixShowing 400 of 460 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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01203863
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0443
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0443
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03042
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt029325
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02929
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt035517
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt070619
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0141432
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt059054
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt041695
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt066398
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt061522
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt094123
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0322792
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0443
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0443
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt01668087
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0420410
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0394264
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0291694
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0277208
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0284511
IRS990ScheduleA/Total509Grp/TotalAmt01668087
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0420410
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0394264
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0292137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0277208
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0284511
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01668530
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES WITHHELD
IRS990ScheduleD/TotalLiabilityAmt0550
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt020700
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt031313
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine2Txt0LYNNELLE EDIGER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SALE/IMPROVE CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0138700
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXE.DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt020700
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt21
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt31
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0HARP&HARPRENTAL
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1ADMIN.PROF. EXP
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2OFFICE EXPENSES
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc3CONSULTANT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV & FAIR RENTAL VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1BASED ON WAGE RATES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2BASED-FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt3BASED ON WAGE RATES
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd3X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt076800
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt120000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt25000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt35000
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/MethodOfDeterminingRevenuesTxt0FMV & FAIR RENTAL VALUE
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt054000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPIES OF THE FORM 990 ARE GIVEN TO EACH BOARD MEMBER AND DISCUSSED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS IS A VERY SMALL ORGANIZATION AND A SMALL BOARD. THE CONFLICT OF INTERST POLICY IS DISCUSSED AT LEAST ANNUALLY AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 AND OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONCERT EXPENSES 15,461 0 0 RENTAL EQUIPMENT 9,582 0 0 BANK SERVICE CHARGES 5,662 0 0 IN-KIND HR CONSULTANTS 5,000 0 0 MAINTENANCE 3,932 0 0 COMPUTER EXPENSE 2,229 0 0 TELECOMMUNICATIONS 1,987 0 0 TAXES & LICENSES 706 0 0 DUES & MEMBRSHIPS 626 0 0 AUTO EXPENSES 306 0 0 MISCELLANEOUS 45 0 0 COGS 29 0 0 TOTAL 45,565 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt024422
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt024422
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0164649
IRS990/TotalAssetsEOYAmt0176820
IRS990/TotalAssetsGrp/BOYAmt0164649
IRS990/TotalAssetsGrp/EOYAmt0176820
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0358314
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015386
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014703
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0380334
IRS990/TotalFunctionalExpensesGrp/TotalAmt0410423
IRS990/TotalGrossUBIAmt00

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