Civic Intelligence

Thayer Institute for Performance Virtuosity Inc.

990EZ • Fiscal year 2014 • EIN 46-4563055

Jan 01, 2014 to Dec 31, 2014 • Filed on May 20, 2015

Organization ProfileWWW.THETHAYERINSTITUTE.ORG
220 Maple Hill DriveFlat Rock, NC 28731

(828) 329-0175

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.30x

Higher debt load relative to assets than 82% of similar nonprofits.

2014 filings • NTEE B99 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2014 filings • NTEE B99 • <$500k nonprofits • Source year 2014

Net Margin

69th percentile

16%

Higher net margin than 69% of similar nonprofits.

2014 filings • NTEE B99 • <$500k nonprofits • Source year 2014

Top Officer Pay

96th percentile

$81,529

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 47.5% of source-year revenue.

2014 filings • NTEE B99 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets82nd percentile

Assets

$39,040

No earlier filing loaded for comparison.

Net Assets

$27,327

No earlier filing loaded for comparison.

Liabilities

$11,713

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin69th percentile

Revenue

$171,540

No earlier filing loaded for comparison.

Expenses

$143,942

No earlier filing loaded for comparison.

Net Income

$27,598

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0-$50KAssets 2014: $39,040Liabilities 2014: $11,713Net Assets 2014: $27,3272014Assets 2015: $51,620Liabilities 2015: $9,862Net Assets 2015: $41,7582015Assets 2016: $35,679Liabilities 2016: $1,170Net Assets 2016: $34,5092016Assets 2017: $50,063Liabilities 2017: $0Net Assets 2017: $50,0632017Assets 2018: $23,386Liabilities 2018: $0Net Assets 2018: $23,3862018Assets 2019: $59,849Net Assets 2019: $59,8492019Assets 2020: $109,976Net Assets 2020: $109,9762020Assets 2021: $54,085Liabilities 2021: $02021Assets 2022: $81,790Liabilities 2022: $67,767Net Assets 2022: $14,0232022Assets 2023: $70,047Liabilities 2023: $67,767Net Assets 2023: $2,2802023Assets 2024: $31,019Liabilities 2024: $76,308Net Assets 2024: -$45,2892024

Highlighted filing

2014

Assets$39,040
Liabilities$11,713
Net Assets$27,327
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $171,540Expenses 2014: $143,942Net Income 2014: $27,5982014Revenue 2015: $225,172Expenses 2015: $210,566Net Income 2015: $14,6062015Revenue 2016: $304,598Expenses 2016: $311,565Net Income 2016: -$6,9672016Revenue 2017: $134,945Expenses 2017: $119,069Net Income 2017: $15,8762017Revenue 2018: $100,619Expenses 2018: $127,296Net Income 2018: -$26,6772018Revenue 2019: $86,715Expenses 2019: $50,252Net Income 2019: $36,4632019Revenue 2020: $74,624Expenses 2020: $24,497Net Income 2020: $50,1272020Revenue 2021: $23,678Expenses 2021: $79,569Net Income 2021: -$55,8912021Revenue 2022: $1,808Expenses 2022: $41,870Net Income 2022: -$40,0622022Revenue 2023: $3,385Expenses 2023: $15,128Net Income 2023: -$11,7432023Revenue 2024: $2,329Expenses 2024: $49,898Net Income 2024: -$47,5692024

Highlighted filing

2014

Revenue$171,540
Expenses$143,942
Net Income$27,598
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 20, 2015
Return Version
2014v5.0
Gross Receipts
$171,540
Mission and Program Overview

Mission

The thayer institute for performance virtuosity is dedicated to raising the quality of life in america one organization, one institution, and one person at a time. This is grounded in 4 concepts as follows: competence, responsibility, purpose, growth through learning.

Program Services

DescriptionGrantsExpenses
IN THEIR INITAL YEAR OF EXEMPT STATUS, THE THAYER INSTITUTE FOR PERFORMANCE VIRTUOSITY, INC. HAD 20 STUDENTS ENROLLED IN 4 DIFFERENT LEADERSHIP CLASSES.-$135,775
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR LEE THAYERCEOPT$81,529-$81,529
CHRISTOPHER COMEAUXXoPT$34,747-$34,747
JOHN MCBETHChairman-$0--
BRUCE PETERSSecretary-$0--
CAROLE FISHERTreasurer-$0--
DR OZZIE GONTANGMember At La-$0--
Filing and Contact Details

Filer

Filer Name
The Thayer Institute for
EIN
46-4563055
Phone
8283290175
Address
220 MAPLE HILL DRIVE, FLAT ROCK, NC 28731

Signing Officer

Name
Dr Lee Thayer
Title
CEO
Phone
8283290175
Signed
2015-05-20

Preparer

Firm
Bgw CPA Pllc
Address
5970 FAIRVIEW ROAD SUITE 402, CHARLOTTE, NC 28210
Preparer
Patricia J Baker
Phone
7045520553
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising & promotion 500 office expense 1,333 lodging/travel 6,204 meeting 3,153 webex software 1,645 filing fee 876 bank service charges 753 meals & ent. - 50% 272 auto rental 93 total 14,829”

Form 990-ez, Part I, Line 20

“Meals & entertainment - 50% -271”

Form 990-ez, Part II, Line 26

“Payroll liabilities 0 2,630 loans from officers 0 9,083”

Form 990-ez, Part III

“The thayer institute for performance virtuosity is dedicated to raising the quality of life in america one organization, one institution, and one person at a time. This is grounded in 4 concepts as follows: competence, responsibility, purpose, growth through learning.”

Raw XML Appendix147 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THAYER INSTITUTE FOR PERFORMANCE VI
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0THAYER INSTITUTE FOR PERFORMANCE VI
IRS990EZ/BooksInCareOfDetail/PhoneNum08283290175
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0220 MAPLE HILL DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0220 MAPLE HILL DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FLAT ROCK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028731
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039040
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03617
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt027598
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02980
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039040
IRS990EZ/GrossReceiptsAmt0171540
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LoansToFromOfficersAmt09083
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt027327
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt027327
IRS990EZ/OccupancyRentUtltsAndMaintAmt0448
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt081529
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt134747
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DR LEE THAYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTOPHER COMEAUX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN MCBETH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BRUCE PETERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CAROLE FISHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DR OZZIE GONTANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1XO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER AT LA
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-271
IRS990EZ/OtherExpensesTotalAmt014829
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE THAYER INSTITUTE FOR PERFORMANCE VIRTUOSITY IS DEDICATED TO RAISING THE QUALITY OF LIFE IN AMERICA ONE ORGANIZATION, ONE INSTITUTION, AND ONE PERSON AT A TIME. THIS IS GROUNDED IN 4 CONCEPTS AS FOLLOWS: COMPETENCE, RESPONSIBILITY, PURPOSE, GROWTH THROUGH LEARNING.
IRS990EZ/ProgramServiceRevenueAmt0167923
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IN THEIR INITAL YEAR OF EXEMPT STATUS, THE THAYER INSTITUTE FOR PERFORMANCE VIRTUOSITY, INC. HAD 20 STUDENTS ENROLLED IN 4 DIFFERENT LEADERSHIP CLASSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0135775
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0125685
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011713
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0143942
IRS990EZ/TotalProgramServiceExpensesAmt0135775
IRS990EZ/TotalRevenueAmt0171540
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THETHAYERINSTITUTE.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03617
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03617
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0167923
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0167923
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0171540
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0171540
IRS990ScheduleA/Total509Grp/TotalAmt0171540
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0171540
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0171540
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt09083
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FUNDS LOANED TO HELP START ENTITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt09083
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CHRISTOPHER COMEAUX
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0XO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt09083
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & PROMOTION 500 OFFICE EXPENSE 1,333 LODGING/TRAVEL 6,204 MEETING 3,153 WEBEX SOFTWARE 1,645 FILING FEE 876 BANK SERVICE CHARGES 753 MEALS & ENT. - 50% 272 AUTO RENTAL 93 TOTAL 14,829
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEALS & ENTERTAINMENT - 50% -271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 0 2,630 LOANS FROM OFFICERS 0 9,083
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE THAYER INSTITUTE FOR PERFORMANCE VIRTUOSITY IS DEDICATED TO RAISING THE QUALITY OF LIFE IN AMERICA ONE ORGANIZATION, ONE INSTITUTION, AND ONE PERSON AT A TIME. THIS IS GROUNDED IN 4 CONCEPTS AS FOLLOWS: COMPETENCE, RESPONSIBILITY, PURPOSE, GROWTH THROUGH LEARNING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DR LEE THAYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08283290175
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE THAYER INSTITUTE FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PERFORMANCE VIRTUOSITY INC
ReturnHeader/Filer/BusinessNameControlTxt0THAY
ReturnHeader/Filer/EIN0464563055
ReturnHeader/Filer/PhoneNum08283290175
ReturnHeader/Filer/USAddress/AddressLine1Txt0220 MAPLE HILL DRIVE
ReturnHeader/Filer/USAddress/CityNm0FLAT ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028731
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461302809
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BGW CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05970 FAIRVIEW ROAD SUITE 402
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028210
ReturnHeader/PreparerPersonGrp/PhoneNum07045520553
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICIA J BAKER
ReturnHeader/ReturnTs02015-05-22T12:55:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,040
Liabilities
$11,713
Net assets
$27,327
Revenue
$171,540
Expenses
$143,942
Net income
$27,598
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.31$0.76$0.45$0.02$0.50$0.48
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.68$0.02$0.03$0.15$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.68$0.14$0.02$0.42$0.40
2021Summary only. Only limited summary data is available for this year.$0.54$0.00$0.24$0.80$0.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$1.10$0.75$0.24$0.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.60$0.87$0.50$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$1.01$1.27$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$1.35$1.19$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.01$0.35$3.05$3.12$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.10$0.42$2.25$2.11$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.39$0.12$0.27$1.72$1.44$0.28