Civic Intelligence

Shepherd Higher Education Consortium on Poverty Inc.

990 • Fiscal year 2016 • EIN 45-5507122

Sep 01, 2015 to Aug 31, 2016 • Filed on Nov 30, 2016

312 Newcomb Hall Washington LeeLexington, VA 24450

(540) 458-8164

Siviq Scores

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

Liabilities / Assets

89th percentile

0.47x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

0.20x

Higher debt load relative to revenue than 87% of similar nonprofits.

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

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$50,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

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

Asset Growth

86th percentile

57%

Faster asset growth than 86% of similar nonprofits.

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

Revenue Growth

97th percentile

215%

Faster revenue growth than 97% of similar nonprofits.

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

Assets

Up

$191,238

Up $69,767 (+57%) from 2015

Net Assets

Up

$101,538

Up $51,301 (+102%) from 2015

Liabilities

Up

$89,700

Up $18,466 (+26%) from 2015

Revenue

Up

$453,784

Up $309,865 (+215%) from 2015

Expenses

Up

$402,483

Up $230,476 (+134%) from 2015

Net Income

Up

$51,301

Up $79,389 (+283%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $133,118Liabilities 2013: $85,0002013Assets 2014: $138,325Liabilities 2014: $60,000Net Assets 2014: $78,3252014Assets 2015: $121,471Liabilities 2015: $71,234Net Assets 2015: $50,2372015Assets 2016: $191,238Liabilities 2016: $89,700Net Assets 2016: $101,5382016Assets 2017: $215,646Liabilities 2017: $103,531Net Assets 2017: $112,1152017Assets 2018: $528,553Liabilities 2018: $143,481Net Assets 2018: $385,0722018Assets 2019: $523,846Liabilities 2019: $176,513Net Assets 2019: $347,3332019Assets 2020: $130,377Liabilities 2020: $25,257Net Assets 2020: $105,1202020Assets 2021: $104,191Liabilities 2021: $8,970Net Assets 2021: $95,2212021Assets 2022: $149,387Liabilities 2022: $3,046Net Assets 2022: $146,3412022Assets 2023: $371,313Liabilities 2023: $156,738Net Assets 2023: $214,5752023Assets 2024: $420,054Liabilities 2024: $18,754Net Assets 2024: $401,3002024

Highlighted filing

2016

Assets$191,238
Liabilities$89,700
Net Assets$101,538

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $121,693Expenses 2013: $94,102Net Income 2013: $27,5912013Revenue 2014: $215,000Expenses 2014: $184,794Net Income 2014: $30,2062014Revenue 2015: $143,919Expenses 2015: $172,007Net Income 2015: -$28,0882015Revenue 2016: $453,784Expenses 2016: $402,483Net Income 2016: $51,3012016Revenue 2017: $557,591Expenses 2017: $547,014Net Income 2017: $10,5772017Revenue 2018: $1,036,617Expenses 2018: $763,660Net Income 2018: $272,9572018Revenue 2019: $966,781Expenses 2019: $1,004,520Net Income 2019: -$37,7392019Revenue 2020: $352,482Expenses 2020: $612,298Net Income 2020: -$259,8162020Revenue 2021: $510,751Expenses 2021: $520,650Net Income 2021: -$9,8992021Revenue 2022: $484,719Expenses 2022: $433,599Net Income 2022: $51,1202022Revenue 2023: $503,411Expenses 2023: $435,177Net Income 2023: $68,2342023Revenue 2024: $623,343Expenses 2024: $436,618Net Income 2024: $186,7252024

Highlighted filing

2016

Revenue$453,784
Expenses$402,483
Net Income$51,301
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Nov 30, 2016
Return Version
2015v2.1
Gross Receipts
$453,784
Mission and Program Overview

Mission

Undergraduate and professional education about poverty

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$118,462$160,588▲ $42,126
Accounts Receivable$1,820$29,480▲ $27,660
Prepaid Expenses and Deferred Charges$1,189$1,170▼ $19
Total Assets$121,471$191,238▲ $69,767
Liabilities
Deferred Revenue$65,000$88,000▲ $23,000
Accounts Payable and Accrued Expenses$6,234$1,700▼ $4,534
Total Liabilities$71,234$89,700▲ $18,466
Net Assets / Fund Balance
Unrestricted Net Assets$50,237$101,538▲ $51,301
Total Net Assets Fund Balance$50,237$101,538▲ $51,301
Total Liabilities and Net Assets / Fund Balance$121,471$191,238▲ $69,767
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Harlan BeckleyExecutive DirectorFT$50,000$50,000
Revenue and Support

Revenue Composition

Contributions and Grants
$241,683
Program Service Revenue
$211,318
Investment Income
$0
Other Revenue
$783
All Other Contributions
$131,683
Change in Net Assets
$51,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$290,001
Salaries, Compensation, and Employee Benefits$88,897
Total Fundraising Expense$35,166
Professional Fundraising Fees$23,585
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$130,593--$130,593
Current Officers, Directors, Trustees, and Key Employees$30,000$12,500$7,500$50,000
Other Salaries and Wages$16,290$13,032$3,258$32,580
Conferences and Meetings$18,037$6,125-$24,162
Fees for Services Professional Fundraising--$23,585$23,585
Fees for Services Other$18,327--$18,327
Travel$16,668--$16,668
All Other Expenses$9,785--$9,785
Other Expenses$6,884--$6,884
Payroll Taxes$3,541$1,953$823$6,317
Information Technology-$2,375-$2,375
Fees for Services Accounting-$2,185-$2,185
Insurance-$1,140-$1,140
Office Expenses-$909-$909
Fees for Services Legal-$205-$205
Total Functional Expenses$326,893$40,424$35,166$402,483
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$23,585
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 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, Part VI, Section A, Line 8B

There are no committees that are subsidiary to the governing board.

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed by the executive director and treasurer before it is filed.

Form 990, Part VI, Section C, Line 18

The organization's annual form 990 is available on the web at www.guidestar.org and by request to the executive director.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, including its newly adopted strategic plan, available for public inspection upon request to the executive director.

Filing and Contact Details

Filer

Filer Name
Shepherd Higher Education Poverty
EIN
45-5507122
Phone
5404588164
Address
312 NEWCOMB HALL WASHINGTON LEE, LEXINGTON, VA 24450

Signing Officer

Name
Harlan Beckley
Title
Executive Director
Phone
5404588164
Signed
2016-11-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harlan Beckley
Formed
2012
Legal Domicile
Va
Voting Board Members
27
Independent Board Members
26
Employees
2
Volunteers
0

Preparer

Firm
Raetz & Hawkins Pc Cpas
Address
128 SOUTH RANDOLPH STREET, LEXINGTON, VA 24450-0916
Preparer
David B Hawkins
Phone
5404637121
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
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IRS990/MissionDesc0THE SHEPHERD HIGHER EDUCATION CONSORTIUM ON POVERTY (SHECP) ENCOURAGES THE STUDY OF POVERTY AS A COMPLEX SOCIAL PROBLEM, BY EXPANDING AND IMPROVING EDUCATIONAL OPPORTUNITIES FOR COLLEGE STUDENTS IN A WIDE RANGE OF DISCIPLINES AND CAREER TRAJECTORIES. THROUGH ITS PROGRAMS, SHECP AND ITS MEMBER INSTITUTIONS PREPARE STUDENTS FOR A LIFETIME OF PROFESSIONAL AND CIVIC EFFORTS TO DIMINISH POVERTY AND ENHANCE HUMAN CAPABILITY, WHILE ALSO SUPPORTING CONNECTIONS AMONG STUDENTS, FACULTY, STAFF, AND ALUMNI ENGAGED IN THE STUDY OF POVERTY.OVERVIEW OF THE CONSORTIUM POVERTY STUDIES EDUCATION:STUDENT PARTICIPATION IN SHEPHERD CONSORTIUM POVERTY STUDIES BEGINS WITH A GATEWAY, INTRODUCTORY, INTERDISCIPLINARY COURSE ON POVERTY. STUDENTS COMPLETING THAT COURSE OR A SURROGATE FOR IT ARE ELIGIBLE TO PARTICIPATE IN THE INTERNSHIP PROGRAM THAT IS MORE FULLY DESCRIBED UNDER PROGRAM SERVICES. THE INTERNSHIP IS A KEY COMPONENT OF AN EDUCATION CULMINATING IN ADDITIONAL COURSE WORK (INCLUDING A CAPSTONE COURSE OR
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/ProgSrvcAccomActy2Grp/Desc0SYMPOSIUM--"CHILDHOOD LITERACY AS A PUBLIC HEALTH AND ECONOMIC IMPERATIVE" WAS THE THEME OF THE 2016 SHECP SYMPOSIUM WHICH TOOK PLACE AT THE ATLANTA SPEECH SCHOOL ON SATURDAY 30 JULY. MORE THAN 200 PEOPLE PARTICIPATED IN THE SYMPOSIUM, INCLUDING INTERNS, FACULTY AND STAFF, CHILDHOOD DEVELOPMENT PROFESSIONALS AND INTERESTED CITIZENS. THE PROGRAM FOCUSED ON CHILDHOOD DEVELOPMENT FROM PREGNANCY THROUGH THIRD GRADE. SPEAKERS CONSIDERED: 1) BRAIN DEVELOPMENT, 2) PARENTING & FAMILIES AND THEIR NEED FOR SUPPORTIVE NEIGHBORHOODS, SCHOOLS, LABOR MARKETS AND PUBLIC ASSISTANCE, AND 3) COST BENEFIT EFFECTIVENESS OF PUBLIC INVESTMENTS IN EARLY CHILDHOOD EDUCATION OUTSIDE THE HOME. KEYNOTE SPEAKERS WERE MARYANNE WOLF, GREG DUNCAN, MARCIA CARLSON AND WALTER GILLIAM. GEORGIA GOVERNOR NATHAN DEAL AND COMMISSIONER OF HEALTH BRENDA FITZGERALD GAVE WELCOMING REMARKS. THE SYMPOSIUM CULMINATED WITH A WORKING BANQUET IN WHICH STUDENTS, FACULTY, STAFF, PRACTICIONERS AND POLICY SPECIALISTS IN CHILDHOOD LITERACY DEVELOPED RECOMMENDATIONS ON THE NEXT STEPS THAT NEED TO BE TAKEN IN THEIR RESPECTIVE AREAS OF WORK IN ORDER TO CLOSE THE OPPORTUNITY GAP FOR CHILDREN AND THEIR PARENTS. THE SHECP ANNUAL SYMPOSIUM INVITES EDUCATORS FROM CONSORTIUM SCHOOLS AND BEYOND TO LEARN ABOUT AND DISCUSS CURRENT RESEARCH AND BEST PRACTICES FOR COURSES, CO-CURRICULAR ENGAGEMENT, AND COMMUNITY SERVICES.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01890
IRS990/ProgSrvcAccomActy3Grp/Desc0CONFERENCES--THE INTERNSHIP EXPERIENCE IS BOOKENDED BY AN OPENING AND CLOSING CONFERENCE. A TWO-DAY OPENING CONFERENCE SERVES AS THE ORIENTATION FOR THE STUDENTS TO THEIR SUMMER INTERNSHIPS. MARRYMOUNT UNIVERSITY IN ARLINGTON, VIRGINIA HOSTED THE CONFERENCE WHICH WAS ATTENDED BY NEARLY 100 INTERNS AND 25 SHECP FACULTY AND STAFF. SPEAKERS INCLUDED MARCUS WASHINGTON, PRESIDENT, WASHINGTON JESUIT ACADEMY IN WASHINGTON, DC AND LUWANDA EVANS, PHD, PROFESSOR OF SOCIOLOGY, MILLSAPS COLLEGE. MR. WASHINGTON ADDRESSED "DIVERSITY OF POVERTY & PROFESSIONAL RESPONSIBILITY." DR. EVANS ADDRESSED "BECOMING A PARTICIPANT OBSERVER." OTHER SESSIONS FOCUSED ON PERSONAL SAFETY, PROFESSIONAL WORK AREAS, AND NAVIGATIBNG A NEW CITY. THE CLOSING CONFERENCE FOCUSED ON STUDENT PROCESSING AND SHARING WHAT THEY LEARNED ABOUT POVERTY AND REMEDIES FOR IT FROM THEIR INTERNSHIP EXPERIENCE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt026927
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PLANNING AND CONSULTATIONS--THE EXECUTIVE DIRECTOR PROVIDES PERIODIC ON-SITE CONSULTATION FOR EACH MEMBER SCHOOL AND FOR PROSPECTIVE MEMBER SCHOOLS. HE TALKS WITH FACULTY ABOUT THEIR COURSES, WITH STAFF ABOUT THEIR INVOLVEMENT IN THE INTERNSHIP PROGRAM, WITH STUDENTS ABOUT HOW THEY CAN AUGMENT THEIR PARTICIPATION IN POVERTY STUDIES, AND WITH DEVELOPMENT OFFICES AND ADMINISTRATORS ABOUT SOLICITING RESOURCES TO AUGMENT THE MEMBER'S POVERTY STUUDIES PROGRAMMING. HE RECEIVES ADVICE FROM MEMBER SCHOOLS ABOUT IMPROVEMENTS IN CONSORTIUM PROGRAMMING THAT WILL BENEFIT THE EDUCATION THAT MEMBERS PROVIDE THEIR STUDENTS.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.02$0.40$0.62$0.44$0.19
2023Summary only. Only limited summary data is available for this year.$0.37$0.16$0.21$0.50$0.44$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.48$0.43$0.05
2021Summary only. Only limited summary data is available for this year.$0.10$0.01$0.10$0.51$0.52$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.03$0.11$0.35$0.61$0.26
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.18$0.35$0.97$1.00$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.14$0.39$1.04$0.76$0.27
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.10$0.11$0.56$0.55$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.19$0.09$0.10$0.45$0.40$0.05
2015Summary only. Only limited summary data is available for this year.$0.12$0.07$0.05$0.14$0.17$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.06$0.08$0.22$0.18$0.03
2013Summary only. Only limited summary data is available for this year.$0.13$0.09$0.12$0.09$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits