Civic Intelligence

Innerwill

990 • Fiscal year 2022 • EIN 47-3640655

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

PO Box 223Manakinsabot, VA 23103

(804) 784-6300

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.27x

Higher debt load relative to assets than 73% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.15x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

22nd percentile

-9.2%

Higher net margin than 22% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

17th percentile

-12%

Faster asset growth than 17% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

62nd percentile

15%

Faster revenue growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$987,336

Down $128,919 (-12%) from 2021

Net Assets

Down

$723,548

Down $168,221 (-19%) from 2021

Liabilities

Up

$263,788

Up $39,302 (+18%) from 2021

Revenue

Up

$1,817,713

Up $236,719 (+15%) from 2021

Expenses

Up

$1,984,480

Up $473,428 (+31%) from 2021

Net Income

Down

-$166,767

Down $236,709 (-338%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $351,896Liabilities 2015: $120,380Net Assets 2015: $231,5162015Assets 2016: $572,838Liabilities 2016: $25,529Net Assets 2016: $547,3092016Assets 2017: $1,085,200Liabilities 2017: $114,395Net Assets 2017: $970,8052017Assets 2018: $997,469Liabilities 2018: $108,930Net Assets 2018: $888,5392018Assets 2019: $1,138,139Liabilities 2019: $171,851Net Assets 2019: $966,2882019Assets 2020: $1,005,194Liabilities 2020: $185,422Net Assets 2020: $819,7722020Assets 2021: $1,116,255Liabilities 2021: $224,486Net Assets 2021: $891,7692021Assets 2022: $987,336Liabilities 2022: $263,788Net Assets 2022: $723,5482022Assets 2023: $1,097,456Liabilities 2023: $437,126Net Assets 2023: $660,3302023Assets 2024: $802,937Liabilities 2024: $144,306Net Assets 2024: $658,6312024

Highlighted filing

2022

Assets$987,336
Liabilities$263,788
Net Assets$723,548

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $579,447Expenses 2015: $347,918Net Income 2015: $231,5292015Revenue 2016: $823,884Expenses 2016: $508,091Net Income 2016: $315,7932016Revenue 2017: $983,501Expenses 2017: $560,005Net Income 2017: $423,4962017Revenue 2018: $1,368,554Expenses 2018: $1,450,819Net Income 2018: -$82,2652018Revenue 2019: $1,520,994Expenses 2019: $1,443,245Net Income 2019: $77,7492019Revenue 2020: $1,234,429Expenses 2020: $1,380,945Net Income 2020: -$146,5162020Revenue 2021: $1,580,994Expenses 2021: $1,511,052Net Income 2021: $69,9422021Revenue 2022: $1,817,713Expenses 2022: $1,984,480Net Income 2022: -$166,7672022Revenue 2023: $1,918,539Expenses 2023: $1,982,862Net Income 2023: -$64,3232023Revenue 2024: $2,220,507Expenses 2024: $2,221,479Net Income 2024: -$9722024

Highlighted filing

2022

Revenue$1,817,713
Expenses$1,984,480
Net Income-$166,767
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$1,817,713
Mission and Program Overview

Mission

To support and challenge people to authentically connect with themselves, compassionately connect with others, and courageously contribute to the world through the practice of values based leadership.

To develop better people, braver leaders, and a wiser world through the practice of values based leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$617,536$537,101▼ $80,435
Cash and Non-Interest-Bearing Accounts$319,260$228,340▼ $90,920
Accounts Receivable$139,391$215,928▲ $76,537
Investments in Publicly Traded Securities$12,248--
Prepaid Expenses and Deferred Charges$27,820$5,967▼ $21,853
Total Assets$1,116,255$987,336▼ $128,919
Liabilities
Accounts Payable and Accrued Expenses$151,242$242,343▲ $91,101
Deferred Revenue$73,244$21,445▼ $51,799
Total Liabilities$224,486$263,788▲ $39,302
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$891,769$723,548▼ $168,221
Total Net Assets Fund Balance$891,769$723,548▼ $168,221
Total Liabilities and Net Assets / Fund Balance$1,116,255$987,336▼ $128,919
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Sharon AmossDirector of OperaFT$221,913$221,913
Kathryn FortlouisDirector of DevelFT$213,464$213,464

Board Members and Trustees

NameTitle
Charlie S Luck IvBoard Chair
Thomas Epperson EddPresident
Chris M YatesDirector
Greg MccannDirector
Guy ClumpnerDirector
Jack MitchellDirector
Kelly Lewis PccDirector
Kathryn FortlouisDirector of Development
Sharon AmossDirector of Operations
Britten ParkerFacilitator
Wendy E BerensonFacilitator
Roy B GoodmanSecretary
Wanda OrtwineTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$707,394
Program Service Revenue
$1,101,548
Investment Income
$8,771
Other Revenue
$0
All Other Contributions
$7,394
Change in Net Assets
$-166,767
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,266,422
Other Expenses$718,058
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$590,916$70,109-$661,025
Current Officers, Directors, Trustees, and Key Employees$453,539$142,666-$596,205
Fees for Services Other$268,597$57,248-$325,845
Advertising$21,263$47,167-$68,430
Travel$40,030$3,932-$43,962
Insurance-$35,072-$35,072
Fees for Services Accounting-$34,040-$34,040
Office Expenses$9,434$18,641-$28,075
Information Technology$10,527$16,131-$26,658
Other Expenses$12,060$4,750-$16,810
All Other Expenses$11,630$1,058-$12,688
Other Employee Benefits$6,976$2,216-$9,192
Fees for Services Legal-$1,422-$1,422
Total Functional Expenses$1,527,960$456,520$0$1,984,480
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
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Wanda ortwine luck stone corporation treasurer employee of luck stone corp roy b. Goodman luck stone corporation secretary employee of luck stone corp thomas epperson, edd luck stone corporation president employee of luck stone corp charlie s luck iv luck stone corporation chair pres & ceo of luck stone corp

Form 990, Page 6, Part VI, Line 6

Luck stone corporation is the sole member of innerwill.

Form 990, Page 6, Part VI, Line 7A

Luck stone corporation, as the sole member, has to power to elect or appoint members of the governing body

Form 990, Page 6, Part VI, Line 7B

Luck stone corporation, as the sole member, has voting rights with respect to setting the number of directors constituting the board, the election and removal of directors, the disolution, liquidation, merger, or sale of substantially all the assets of innerwill, and the amendment or repeal of the certificate of incorporation or bylaws.

Form 990, Page 6, Part VI, Line 11B

The irs form 990 is reviewed by the board prior to being filed with the irs. Approval by the board chair is required before filing.

Form 990, Page 6, Part VI, Line 12C

The corporation provides the board with a full list of proposed and/or current transactions or arrangements on an annual basis to ensure that no conflicts exist or have developed.

Form 990, Page 6, Part VI, Line 15A

All officers and other personnel are officially employed by the sole member of the corporation, luck stone corporation. The personnel cost to innerwill is subject to a management agreement between luck stone corporation and innerwill. The governing board of innerwill approves this agreement and the budgeted costs which include compensation expense. The base compensation is evaluated through the use of 3 independent market surveys on a periodic basis with salaries targeted to the 65th percentile of the composite market.

Form 990, Page 6, Part VI, Line 15B

All officers and other personnel are officially employed by the sole member of the corporation, luck stone corporation. The personnel cost to innerwill is subject to a management agreement between luck stone corporation and innerwill. The governing board of innerwill approves this agreement and the budgeted costs which include compensation expense. Base compensation is evaluated through the use of 3 independent market surveys on a periodic basis with salaries targeted to the 65th percentile of the composite market.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies, and financial statements are not made available to the general public.

Filing and Contact Details

Filer

Filer Name
Innerwill
EIN
47-3640655
Phone
8047846300
Address
PO BOX 223, MANAKINSABOT, VA 23103

Signing Officer

Name
Wanda Ortwine
Title
Treasurer
Phone
8047846300
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Epperson Edd
Formed
2015
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
5
Employees
0

Preparer

Firm
J Brocklehurst CPA Pllc
Address
3900 WESTERRE PARKWAY SUITE 300, RICHMOND, VA 23233
Preparer
Janet L Brocklehurst
Phone
8047290023
Supplemental Narrative

Additional Explanations

Form 990

The organization does not incur fundraising expenses or actively engage in solicitation of contributions. As such, there are no fundraising expenses listed in part ix, statement of functional expenses.

Form 990, Part IX, Line 11G

Facilitation and coaching fee 170,690 0 0 research and analytics 0 2,340 0 brand and marketing 64,326 3,613 0 administrative services 188 24,723 0 social media 0 18,367 0 content marketing services 0 8,000 0 digital and info technology 33,393 205 0 total 268,597 57,248 0

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4WENDY E BERENSON

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