Civic Intelligence

Shepherd Higher Education Consortium on Poverty Inc.

990 • Fiscal year 2017 • EIN 45-5507122

Sep 01, 2016 to Aug 31, 2017 • Filed on Nov 21, 2017

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

84th percentile

0.48x

Higher debt load relative to assets than 84% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

74th percentile

0.19x

Higher debt load relative to revenue than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

45th percentile

1.9%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

70th percentile

13%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

74th percentile

23%

Faster revenue growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$215,646

Up $24,408 (+13%) from 2016

Net Assets

Up

$112,115

Up $10,577 (+10%) from 2016

Liabilities

Up

$103,531

Up $13,831 (+15%) from 2016

Revenue

Up

$557,591

Up $103,807 (+23%) from 2016

Expenses

Up

$547,014

Up $144,531 (+36%) from 2016

Net Income

Down

$10,577

Down $40,724 (-79%) from 2016

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

2017

Assets$215,646
Liabilities$103,531
Net Assets$112,115

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

2017

Revenue$557,591
Expenses$547,014
Net Income$10,577
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Nov 21, 2017
Return Version
2016v3.0
Gross Receipts
$557,591
Mission and Program Overview

Mission

Undergraduate and professional education about poverty

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$160,588$198,403▲ $37,815
Accounts Receivable$29,480$15,000▼ $14,480
Prepaid Expenses and Deferred Charges$1,170$2,243▲ $1,073
Total Assets$191,238$215,646▲ $24,408
Liabilities
Deferred Revenue$88,000$100,000▲ $12,000
Accounts Payable and Accrued Expenses$1,700$3,531▲ $1,831
Total Liabilities$89,700$103,531▲ $13,831
Net Assets / Fund Balance
Unrestricted Net Assets$101,538$112,115▲ $10,577
Total Net Assets Fund Balance$101,538$112,115▲ $10,577
Total Liabilities and Net Assets / Fund Balance$191,238$215,646▲ $24,408
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Harlan BeckleyExecutive DirectorFT$50,000$50,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$203,700
Program Service Revenue
$353,891
Investment Income
$0
Other Revenue
$0
All Other Contributions
$88,700
Change in Net Assets
$10,577
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$404,377
Salaries, Compensation, and Employee Benefits$142,637
Total Fundraising Expense$41,319
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$161,090--$161,090
Other Salaries and Wages$45,000$5,000$32,501$82,501
Fees for Services Other$13,716$63,561-$77,277
Current Officers, Directors, Trustees, and Key Employees$30,000$12,500$7,500$50,000
Conferences and Meetings$20,236$7,893-$28,129
Travel$15,042--$15,042
Payroll Taxes$5,676$3,142$1,318$10,136
All Other Expenses$5,562--$5,562
Information Technology-$5,246-$5,246
Other Expenses$3,380--$3,380
Fees for Services Accounting-$2,965-$2,965
Insurance-$1,845-$1,845
Office Expenses-$1,078-$1,078
Fees for Services Legal-$450-$450
Advertising-$70-$70
Total Functional Expenses$401,945$103,750$41,319$547,014
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 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 11B

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
2017-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harlan Beckley
Formed
2012
Legal Domicile
Va
Voting Board Members
29
Independent Board Members
28
Employees
3
Volunteers
0

Preparer

Firm
Raetz & Hawkins Pc Cpas
Address
128 SOUTH RANDOLPH STREET, LEXINGTON, VA 24450-0916
Preparer
David B Hawkins
Phone
5404637121
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Academic partnership: program service expenses 4,000. Management and general expenses 6,000. Fundraising expenses 0. Total expenses 10,000. Consultants: program service expenses 3,716. Management and general expenses 57,561. Fundraising expenses 0. Total expenses 61,277. Honoraria: program service expenses 6,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,000.

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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/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
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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/PrincipalOfficerNm0HARLAN BECKLEY
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IRS990/ProgSrvcAccomActy2Grp/Desc0SYMPOSIUM--"CRIMINAL JUSTICE, RACE, AND POVERTY" WAS THE THEME OF THE 2017 SHECP SYMPOSIUM WHICH TOOK PLACE AT THE VIRGINIA MILITARY INSTITUTE IN LEXINGTON, VIRGINIA. MORE THAN 200 PEOPLE PARTICIPATED IN THE SYMPOSIUM, INCLUDING INTERNS, FACULTY AND STAFF, CHILDHOOD DEVELOPMENT PROFESSIONALS AND INTERESTED CITIZENS. THE SYMPOSIUM ON "CRIMINAL JUSTICE, POVERTY, AND RACE" FEATURE TALKS ON POLICING, CRIMINAL DEFENSE AND INCARCERATION FOR POOR AND MINORITIES, AND PROGRAMS AND POLCIES FOR RE-ENTRY FROM INCARCERATION INTO COMMUNITIES AND FAMILIES. THE SPEAKERS WERE JAMES FORMAN, PAUL BUTLER, AND ROBIN STEINBERG, AND SARAH FARMER, A FORMER SHEPHERD INTERN FROM BEREA, MODERATED THE PANEL DISCUSSION. 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/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. MARYMOUNT UNIVERSITY IN ARLINGTON, VIRGINIA HOSTED THE CONFERENCE WHICH WAS ATTENDED BY NEARLY 115 INTERNS AND 30 SHECP FACULTY AND STAFF. MATTHEW HANNA, PUBLIC DEFENDER SERVICE OF DC MADE OPENING REMARKS TO THE INTERNS. THE CLOSING CONFERENCE WAS IN LEXINGTON AT WASHINGTON AND LEE UNIVERSITY ON JULY 30, 2017. STUDENTS GAVE PRESENTATIONS ABOUT WHAT THEY LEARNED FROM THEIR INTERNSHIPS. THE SHECP COUNCIL HONORED HARLAN BECKLEY, FOUNDING DIRECTOR, FOR HIS 20 YEARS OF LEADERSHIP OF THE INTERNSHIP PROGRAM WITH THE ESTABLISHMENT OF THE DR. HARLAN BECKLEY HUMANITARIAN AWARD AND AWARDED HIM AS THE INAUGURAL RECIPIENT.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
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
2017Detailed filing. Detailed filing data is available for this year.$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

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