Civic Intelligence

Karis Project

990 • Fiscal year 2020 • EIN 45-2970811

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

PO Box 155Weyers Cave, VA 24486-0155

(540) 248-4511

Siviq Scores

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

Liabilities / Assets

70th percentile

0.05x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

54th percentile

8.0%

Higher net margin than 54% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

67th percentile

20%

Faster asset growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

31st percentile

-36%

Faster revenue growth than 31% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$32,693

Up $5,548 (+20%) from 2019

Net Assets

Up

$31,126

Up $5,713 (+22%) from 2019

Liabilities

Down

$1,567

Down $165 (-9.5%) from 2019

Revenue

Down

$71,760

Down $39,908 (-36%) from 2019

Expenses

Down

$66,047

Down $51,373 (-44%) from 2019

Net Income

Up

$5,713

Up $11,465 (+199%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2013: $44,477Liabilities 2013: $1,3042013Assets 2014: $66,325Liabilities 2014: $10,6272014Assets 2015: $70,879Liabilities 2015: $1,128Net Assets 2015: $69,7512015Assets 2016: $60,735Liabilities 2016: $12,454Net Assets 2016: $48,2812016Assets 2017: $48,674Liabilities 2017: $10,862Net Assets 2017: $37,8122017Assets 2018: $42,529Liabilities 2018: $12,040Net Assets 2018: $30,4892018Assets 2019: $27,145Liabilities 2019: $1,732Net Assets 2019: $25,4132019Assets 2020: $32,693Liabilities 2020: $1,567Net Assets 2020: $31,1262020Assets 2021: $41,993Liabilities 2021: $3,422Net Assets 2021: $38,5712021Assets 2022: $70,050Liabilities 2022: $1,995Net Assets 2022: $68,0552022Assets 2023: $90,337Liabilities 2023: $2,254Net Assets 2023: $88,0832023Assets 2024: $99,329Liabilities 2024: $1,650Net Assets 2024: $97,6792024

Highlighted filing

2020

Assets$32,693
Liabilities$1,567
Net Assets$31,126

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $45,330Expenses 2013: $29,349Net Income 2013: $15,9812013Revenue 2014: $70,642Expenses 2014: $58,117Net Income 2014: $12,5252014Revenue 2015: $99,225Expenses 2015: $85,172Net Income 2015: $14,0532015Revenue 2016: $90,412Expenses 2016: $111,882Net Income 2016: -$21,4702016Revenue 2017: $96,740Expenses 2017: $107,209Net Income 2017: -$10,4692017Revenue 2018: $96,380Expenses 2018: $104,366Net Income 2018: -$7,9862018Revenue 2019: $111,668Expenses 2019: $117,420Net Income 2019: -$5,7522019Revenue 2020: $71,760Expenses 2020: $66,047Net Income 2020: $5,7132020Revenue 2021: $102,466Expenses 2021: $95,021Net Income 2021: $7,4452021Revenue 2022: $110,429Expenses 2022: $80,937Net Income 2022: $29,4922022Revenue 2023: $172,442Expenses 2023: $152,414Net Income 2023: $20,0282023Revenue 2024: $153,193Expenses 2024: $143,597Net Income 2024: $9,5962024

Highlighted filing

2020

Revenue$71,760
Expenses$66,047
Net Income$5,713
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$187,725
Mission and Program Overview

Mission

Karis is a non-profit organization committed out of gratitude for god's grace and love, to help others with kindness, love and compassion by offering a caring place that fosters changes in the lives of people in response to god's creative work in us.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$21,638$27,887▲ $6,249
Land, Buildings, and Equipment, Net$5,299$4,598▼ $701
Inventories for Sale or Use$208$208→ $0
Total Assets$27,145$32,693▲ $5,548
Liabilities
Accounts Payable and Accrued Expenses$1,732$1,567▼ $165
Total Liabilities$1,732$1,567▼ $165
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,413$31,126▲ $5,713
Total Net Assets Fund Balance$25,413$31,126▲ $5,713
Total Liabilities and Net Assets / Fund Balance$27,145$32,693▲ $5,548

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,469$15,840$20,309
Leasehold Improvements$129$1,164$1,293
Compensation and Service Providers

Board Members and Trustees

NameTitle
Teri SumeyChairperson
Holly RuffDirector
Jerry BrunkDirector
Linda GreeneDirector
Linda ScroghamDirector
Renea HarlowDirector
Don GarberGm & Directo
Millard DriverSecretary
Dennis MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,150
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$69,610
All Other Contributions
$2,150
Change in Net Assets
$5,713
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$54,750
Other Expenses$11,297
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$54,750--$54,750
Information Technology$2,872--$2,872
Office Expenses$2,577--$2,577
Depreciation Depletion$1,731--$1,731
Insurance$1,354--$1,354
Occupancy$1,293--$1,293
Advertising$750--$750
Other Expenses$720--$720
Total Functional Expenses$66,047$0$0$66,047
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bridge of HopeHarrisonburg, VA501c-3Ending Homelessness$7,000
Staunton-augusta Church Relief Assn-501c-3Emergency Assistance$7,000
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Financials are prepared for board meeting and acceptance. Monthly gross income is posted monthly at the entrance to the office. Karis mission statement, volunteer policy and form 990 are posted in various areas throught the building

Filing and Contact Details

Filer

Filer Name
Karis Project
EIN
45-2970811
Phone
5402484511
Address
PO BOX 155, WEYERS CAVE, VA 24486-0155

Signing Officer

Name
Dennis Miller
Title
Treasurer
Phone
5402484511
Signed
2021-11-08

Organization Details

Principal Officer
Teri Sumey
Formed
2011
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
50

Preparer

Firm
White Withers Masincup & Cannaday Pc
Address
PO BOX 1048, STAUNTON, VA 24402-1048
Preparer
Robert W Masincup
Phone
5408858123
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Karis is a non-profit organization committed out of gratitude for god's grace and love, to help others with kindness, love and compassion by offering a caring place that fosters changes in the lives of people in response to god's creative work in us.

Form 990, Page 2, Part III, Line 4D

Kingsway ministries - 3,000 waynesboro area ministry - 5,000 brethren woods - 1,000 skyline literacy - 5,000 creative works farm - 5,000 still meadows - 2,000 west richmond church of the brethren - 4,750 st. Francis ministry -haiti outreach- 5,000 midwives for haiti - 5,000

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ENDING HOMELESSNESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EMERGENCY ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BRIDGE OF HOPE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1STAUNTON-AUGUSTA CHURCH RELIEF ASSN
IRS990ScheduleI/RecipientTable/RecipientEIN0900451234
IRS990ScheduleI/RecipientTable/RecipientEIN1521389617
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 535
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HARRISONBURG
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022803
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KARIS IS A NON-PROFIT ORGANIZATION COMMITTED OUT OF GRATITUDE FOR GOD'S GRACE AND LOVE, TO HELP OTHERS WITH KINDNESS, LOVE AND COMPASSION BY OFFERING A CARING PLACE THAT FOSTERS CHANGES IN THE LIVES OF PEOPLE IN RESPONSE TO GOD'S CREATIVE WORK IN US.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KINGSWAY MINISTRIES - 3,000 WAYNESBORO AREA MINISTRY - 5,000 BRETHREN WOODS - 1,000 SKYLINE LITERACY - 5,000 CREATIVE WORKS FARM - 5,000 STILL MEADOWS - 2,000 WEST RICHMOND CHURCH OF THE BRETHREN - 4,750 ST. FRANCIS MINISTRY -HAITI OUTREACH- 5,000 MIDWIVES FOR HAITI - 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIALS ARE PREPARED FOR BOARD MEETING AND ACCEPTANCE. MONTHLY GROSS INCOME IS POSTED MONTHLY AT THE ENTRANCE TO THE OFFICE. KARIS MISSION STATEMENT, VOLUNTEER POLICY AND FORM 990 ARE POSTED IN VARIOUS AREAS THROUGHT THE BUILDING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt027145
IRS990/TotalAssetsEOYAmt032693
IRS990/TotalAssetsGrp/BOYAmt027145
IRS990/TotalAssetsGrp/EOYAmt032693
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02150
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt066047
IRS990/TotalFunctionalExpensesGrp/TotalAmt066047
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01732
IRS990/TotalLiabilitiesEOYAmt01567
IRS990/TotalLiabilitiesGrp/BOYAmt01732
IRS990/TotalLiabilitiesGrp/EOYAmt01567
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025413
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt031126
IRS990/TotalOtherProgSrvcExpenseAmt047047
IRS990/TotalOtherProgSrvcGrantAmt035750
IRS990/TotalProgramServiceExpensesAmt066047
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt069610
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt071760
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027145
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt032693
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 155
IRS990/USAddress/CityNm0WEYERS CAVE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd024486
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0KARISGIFTS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05402484511
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KARIS PROJECT
ReturnHeader/Filer/BusinessNameControlTxt0KARI
ReturnHeader/Filer/EIN0452970811
ReturnHeader/Filer/PhoneNum05402484511
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 155
ReturnHeader/Filer/USAddress/CityNm0WEYERS CAVE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0244860155
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541400395
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITE WITHERS MASINCUP & CANNADAY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1048
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STAUNTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0244021048
ReturnHeader/PreparerPersonGrp/PhoneNum05408858123
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT W MASINCUP
ReturnHeader/ReturnTs02021-11-11T10:36:36-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DENNIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MILLER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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