Civic Intelligence

Nansemond-Suffolk Academy Educational Foundation

990EZ • Fiscal year 2017 • EIN 47-2360748

Oct 01, 2016 to Sep 30, 2017 • Filed on Feb 02, 2018

3373 Pruden BlvdSuffolk, VA 23434

(757) 539-8789

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

56th percentile

6.2%

Higher net margin than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2017

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2017

Assets

Up

$12,614

Up $12,614 from 2014

Net Assets

Up

$12,614

Up $12,614 from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$162,516

Up $162,516 from 2014

Expenses

Up

$152,402

Up $152,402 from 2014

Net Income

Up

$10,114

Up $10,114 from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2017: $12,614Liabilities 2017: $0Net Assets 2017: $12,6142017Assets 2018: $63,981Liabilities 2018: $0Net Assets 2018: $63,9812018Assets 2019: $4,200Liabilities 2019: $0Net Assets 2019: $4,2002019Assets 2020: $10,824Liabilities 2020: $0Net Assets 2020: $10,8242020Assets 2021: $41,302Liabilities 2021: $0Net Assets 2021: $41,3022021Assets 2022: $54,558Liabilities 2022: $0Net Assets 2022: $54,5582022Assets 2023: $33,537Liabilities 2023: $0Net Assets 2023: $33,5372023Assets 2024: $141,183Liabilities 2024: $0Net Assets 2024: $141,1832024Assets 2025: $56,755Liabilities 2025: $0Net Assets 2025: $56,7552025

Highlighted filing

2017

Assets$12,614
Liabilities$0
Net Assets$12,614

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2017: $162,516Expenses 2017: $152,402Net Income 2017: $10,1142017Revenue 2018: $288,092Expenses 2018: $236,725Net Income 2018: $51,3672018Revenue 2019: $195,004Expenses 2019: $254,785Net Income 2019: -$59,7812019Revenue 2020: $210,093Expenses 2020: $203,469Net Income 2020: $6,6242020Revenue 2021: $281,304Expenses 2021: $250,826Net Income 2021: $30,4782021Revenue 2022: $185,504Expenses 2022: $172,248Net Income 2022: $13,2562022Revenue 2023: $173,171Expenses 2023: $194,192Net Income 2023: -$21,0212023Revenue 2024: $411,975Expenses 2024: $304,329Net Income 2024: $107,6462024Revenue 2025: $202,272Expenses 2025: $286,700Net Income 2025: -$84,4282025

Highlighted filing

2017

Revenue$162,516
Expenses$152,402
Net Income$10,114
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Feb 2, 2018
Return Version
2016v3.0
Gross Receipts
$162,516
Mission and Program Overview

Mission

The mission of nansemond-suffolk academy educational foundation (the "foundation") is to provide need based financial aid for low income students attending nansemond-suffolk academy association, inc. (the "academy"), a virginia non-stock corporation, a tax exempt 501(c)(3) institute, or for students residing in the commonwealth of virginia, whose families meet guidelines established by the commonwealth of virginia relative to the poverty level. The foundation supports the academy and at least one other educational institution, which the foundation has designated as stonebridge school.

Program Services

DescriptionGrantsExpenses
To provide need based financial aid for low income students residing in the Commonwealth of Virginia$148,826$148,826
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
douglas c naismithPresident-$0--
McLemore J Birdsong JrVice President-$0--
S Paul HuberTreasurer-$0--
Whitney G SaundersSecretary-$0--
G Robert Aston JrMember-$0--
Filing and Contact Details

Filer

Filer Name
Nansemond-Suffolk Academy Educational
EIN
47-2360748
Phone
7575398789
Address
3373 Pruden Blvd, Suffolk, VA 23434

Signing Officer

Name
Dr Douglas C Naismith
Title
Chair
Phone
7575398789
Signed
2018-02-02
Discuss with paid preparer
Yes

Preparer

Firm
Cherry Bekaert Llp
Address
1111 Metropolitan Ave Ste 1000, Charlotte, NC 28204
Preparer
Gregory G Davis
Phone
7043771678
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Interest Income. Amount: 4.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Scholarships. Grantee Name: the nansemond-suffolk academy association, Inc.. Grantee Address: 3373 Pruden Blvd. Suffolk, VA 23434. Amount Given: 143,826.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: scholarships. Grantee Name: Stonebridge School. Grantee Address: 1629-A Jolliff Road Cheasapeake, VA 23321. Amount Given: 5,000. Total included on Form 990-EZ, line 10: 148,826.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Administrative Expensee. Amount: 3,576.

Raw XML Appendix161 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
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANGELA THOMPSON
IRS990EZ/BooksInCareOfDetail/PhoneNum07575398789
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03373 Pruden Blvd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Suffolk
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023434
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0douglas c naismith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1McLemore J Birdsong Jr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2S Paul Huber
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Whitney G Saunders
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4G Robert Aston Jr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0president
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OtherExpensesTotalAmt03576
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The mission of Nansemond-Suffolk Academy Educational Foundation (the "Foundation") is to provide need based financial aid for low income students attending Nansemond-Suffolk Academy Association, Inc. (the "Academy"), a Virginia non-stock corporation, a tax exempt 501(c)(3) institute, or for students residing in the Commonwealth of Virginia, whose families meet guidelines established by the Commonwealth of Virginia relative to the poverty level. The Foundation supports the Academy and at least one other educational institution, which the Foundation has designated as StoneBridge School.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide need based financial aid for low income students residing in the Commonwealth of Virginia
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0148826
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0148826
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0187512
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest Income. Amount: 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: Scholarships. Grantee Name: the nansemond-suffolk academy association, Inc.. Grantee Address: 3373 Pruden Blvd. Suffolk, VA 23434. Amount Given: 143,826.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Activity Classification: scholarships. Grantee Name: Stonebridge School. Grantee Address: 1629-A Jolliff Road Cheasapeake, VA 23321. Amount Given: 5,000. Total included on Form 990-EZ, line 10: 148,826.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Administrative Expensee. Amount: 3,576.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16 - Other Expenses
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR DOUGLAS C NAISMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum07575398789
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Nansemond-Suffolk Academy Educational
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Foundation
ReturnHeader/Filer/BusinessNameControlTxt0NANS
ReturnHeader/Filer/EIN0472360748
ReturnHeader/Filer/PhoneNum07575398789
ReturnHeader/Filer/USAddress/AddressLine1Txt03373 Pruden Blvd
ReturnHeader/Filer/USAddress/CityNm0Suffolk
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023434
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E549C31307AC3C039C17B519FA72348AFEB9A8CB
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.142.180.174
ReturnHeader/FilingSecurityInformation/IPDt02018-02-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm014:30:31
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560574444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERRY BEKAERT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01111 Metropolitan Ave Ste 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Charlotte
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028204
ReturnHeader/PreparerPersonGrp/PhoneNum07043771678
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Gregory G Davis
ReturnHeader/ReturnTs02018-02-08T13:46:57-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

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Filings