Civic Intelligence

Virginia Crop Improvement Research Foundation Inc.

990 • Fiscal year 2016 • EIN 52-1296823

Dec 01, 2015 to Nov 30, 2016 • Filed on Mar 24, 2017

9225 Atlee Branch LaneMechanicsville, VA 23116

(804) 746-4884

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

1st percentile

-317%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

47th percentile

0.8%

Faster asset growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-20%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$593,391

Up $4,547 (+0.8%) from 2015

Net Assets

Up

$593,391

Up $4,547 (+0.8%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$9,618

Down $2,348 (-20%) from 2015

Expenses

Up

$40,067

Up $40,067 from 2015

Net Income

Down

-$30,449

Down $42,415 (-354%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $445,852Liabilities 2011: $0Net Assets 2011: $445,8522011Assets 2012: $451,969Liabilities 2012: $0Net Assets 2012: $451,9692012Assets 2013: $500,245Liabilities 2013: $0Net Assets 2013: $500,2452013Assets 2014: $572,934Liabilities 2014: $0Net Assets 2014: $572,9342014Assets 2015: $588,844Liabilities 2015: $0Net Assets 2015: $588,8442015Assets 2016: $593,391Liabilities 2016: $0Net Assets 2016: $593,3912016Assets 2017: $670,556Liabilities 2017: $0Net Assets 2017: $670,5562017Assets 2018: $625,236Liabilities 2018: $0Net Assets 2018: $625,2362018Assets 2019: $689,188Liabilities 2019: $0Net Assets 2019: $689,1882019Assets 2020: $711,797Liabilities 2020: $0Net Assets 2020: $711,7972020Assets 2021: $797,487Liabilities 2021: $0Net Assets 2021: $797,4872021Assets 2022: $682,973Liabilities 2022: $0Net Assets 2022: $682,9732022Assets 2023: $710,670Liabilities 2023: $0Net Assets 2023: $710,6702023Assets 2024: $847,314Liabilities 2024: $0Net Assets 2024: $847,3142024

Highlighted filing

2016

Assets$593,391
Liabilities$0
Net Assets$593,391

Operations Trend

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

$50K$0-$50KExpenses 2011: $02011Revenue 2012: $122Expenses 2012: $33,000Net Income 2012: -$32,8782012Expenses 2013: $33,0002013Revenue 2014: $12,413Expenses 2014: $0Net Income 2014: $12,4132014Revenue 2015: $11,966Expenses 2015: $0Net Income 2015: $11,9662015Revenue 2016: $9,618Expenses 2016: $40,067Net Income 2016: -$30,4492016Revenue 2017: $17Expenses 2017: $0Net Income 2017: $172017Revenue 2018: $11,495Expenses 2018: $40,000Net Income 2018: -$28,5052018Revenue 2019: $5Expenses 2019: $0Net Income 2019: $52019Revenue 2020: $14,393Expenses 2020: $49,334Net Income 2020: -$34,9412020Revenue 2021: $15,878Expenses 2021: $6,381Net Income 2021: $9,4972021Revenue 2022: $19,537Expenses 2022: $32,306Net Income 2022: -$12,7692022Revenue 2023: $17,251Expenses 2023: $15,987Net Income 2023: $1,2642023Revenue 2024: $17,404Expenses 2024: $13,389Net Income 2024: $4,0152024

Highlighted filing

2016

Revenue$9,618
Expenses$40,067
Net Income-$30,449
Jump To
Filing Snapshot
Filing Period
Dec 1, 2015 to Nov 30, 2016
Signed
Mar 24, 2017
Return Version
2015v3.0
Gross Receipts
$9,618
Mission and Program Overview

Mission

To fund research to enhance the quality of seed grown by farmers

The organization provides funds for research to improve existing plant varieties to be used by farmers

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$588,846$593,391▲ $4,545
Total Assets$588,846$593,391▲ $4,545
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$588,846$593,391▲ $4,545
Total Net Assets Fund Balance$588,846$593,391▲ $4,545
Total Liabilities and Net Assets / Fund Balance$588,846$593,391▲ $4,545
Compensation and Service Providers

Board Members and Trustees

NameTitle
William H DawsonPresident
William Gwaltney JrVice President
Colin WhittingtonDirector
Dr Wade E ThomasonDirector
Franklin HundleyDirector
Jeffrey HulaDirector
Mark PhilipsDirector
Mark SimmonsDirector
Ml Everett JrDirector
Paul Rogers IiiDirector
Thomas H HardimanSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,594
Program Service Revenue
$0
Investment Income
$24
Other Revenue
$0
All Other Contributions
$9,594
Change in Net Assets
$-30,449

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,618
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$34,996
Total Revenue per Audited Statements
$44,614
Total Revenue per Form 990
$9,618
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,067
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$40,000--$40,000
Office Expenses$67--$67
Total Functional Expenses$40,067$0$0$40,067

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$40,067
Total Expenses per Audited Statements$40,067
Total Expenses per Form 990$40,067
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed on an annual basis by the board.

Form 990, Part VI, Section B, Line 12C

Review is done each year.

Form 990, Part VI, Section C, Line 19

The organization makes all documents available upon request.

Filing and Contact Details

Filer

Filer Name
Virginia Crop Improvement Research
EIN
52-1296823
Phone
8047464884
Address
9225 ATLEE BRANCH LANE, MECHANICSVILLE, VA 23116

Signing Officer

Name
Thomas H Hardiman
Title
Secretary/treasurer
Phone
8047464884
Signed
2017-03-24

Organization Details

Principal Officer
Thomas H Hardiman
Formed
1923
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Frank Barcalow CPA Pllc
Address
108 WESTCHESTER, WILLIAMSBURG, VA 23188
Preparer
Frank Barcalow
Phone
7572206626
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -2.

Form 990, Part XI, Line 2C

The board of directors reviews and approves the audit on an annual basis.

Raw XML Appendix362 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED ON AN ANNUAL BASIS BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEW IS DONE EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ALL DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING -2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE AUDIT ON AN ANNUAL BASIS.
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IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0588846
IRS990/TotalAssetsEOYAmt0593391
IRS990/TotalAssetsGrp/BOYAmt0588846
IRS990/TotalAssetsGrp/EOYAmt0593391
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt09594
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt040067
IRS990/TotalFunctionalExpensesGrp/TotalAmt040067
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0588846
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0593391
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt040067
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt024
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09618
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0588846
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0593391
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0588846
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0593391
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09225 ATLEE BRANCH LANE
IRS990/USAddress/CityNm0MECHANICSVILLE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023116
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.VIRGINIACROP.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS H HARDIMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08047464884
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA CROP IMPROVEMENT RESEARCH
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0521296823
ReturnHeader/Filer/PhoneNum08047464884
ReturnHeader/Filer/USAddress/AddressLine1Txt09225 ATLEE BRANCH LANE
ReturnHeader/Filer/USAddress/CityNm0MECHANICSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023116
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455310918
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANK BARCALOW CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0108 WESTCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLIAMSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023188
ReturnHeader/PreparerPersonGrp/PhoneNum07572206626
ReturnHeader/PreparerPersonGrp/PreparationDt02017-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK BARCALOW
ReturnHeader/ReturnTs02017-03-24T10:57:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-12-01
ReturnHeader/TaxPeriodEndDt02016-11-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.47$0.00$8.47$0.17$0.13$0.04
2023Detailed filing. Detailed filing data is available for this year.$7.11$0.00$7.11$0.17$0.16$0.01
2022Detailed filing. Detailed filing data is available for this year.$6.83$0.00$6.83$0.20$0.32$0.13
2021Detailed filing. Detailed filing data is available for this year.$7.97$0.00$7.97$0.16$0.06$0.09
2020Detailed filing. Detailed filing data is available for this year.$7.12$0.00$7.12$0.14$0.49$0.35
2019Detailed filing. Detailed filing data is available for this year.$6.89$0.00$6.89$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$6.25$0.00$6.25$0.11$0.40$0.29
2017Detailed filing. Detailed filing data is available for this year.$6.71$0.00$6.71$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$5.93$0.00$5.93$0.10$0.40$0.30
2015Detailed filing. Detailed filing data is available for this year.$5.89$0.00$5.89$0.12$0.00$0.12
2014Detailed filing. Detailed filing data is available for this year.$5.73$0.00$5.73$0.12$0.00$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.00$5.00$0.33
2012Summary only. Only limited summary data is available for this year.$4.52$0.00$4.52$0.00$0.33$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$0.00$4.46$0.00