Civic Intelligence

West Anniston Foundation Inc

990 • Fiscal year 2018 • EIN 52-2362680

Jan 01, 2018 to Dec 31, 2018 • Filed on May 12, 2019

800 Clydesdale AvenueAnniston, AL 36201

(256) 238-9900

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

41st percentile

0.01x

Higher debt load relative to revenue than 41% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

3rd percentile

-119%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

63rd percentile

$43,542

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 35.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

9th percentile

-21%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-46%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$555,610

Down $148,580 (-21%) from 2017

Net Assets

Down

$553,910

Down $147,745 (-21%) from 2017

Liabilities

Down

$1,700

Down $835 (-33%) from 2017

Revenue

Down

$124,288

Down $104,036 (-46%) from 2017

Expenses

Up

$272,033

Up $23,324 (+9.4%) from 2017

Net Income

Down

-$147,745

Down $127,360 (-625%) from 2017

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 2011: $1,023,278Liabilities 2011: $4,760Net Assets 2011: $1,018,5182011Assets 2012: $1,002,390Liabilities 2012: $4,165Net Assets 2012: $998,2252012Assets 2013: $1,006,193Liabilities 2013: $1,496Net Assets 2013: $1,004,6972013Assets 2014: $944,170Liabilities 2014: $1,043Net Assets 2014: $943,1272014Assets 2015: $820,377Liabilities 2015: $1,011Net Assets 2015: $819,3662015Assets 2016: $724,314Liabilities 2016: $2,274Net Assets 2016: $722,0402016Assets 2017: $704,190Liabilities 2017: $2,535Net Assets 2017: $701,6552017Assets 2018: $555,610Liabilities 2018: $1,700Net Assets 2018: $553,9102018Assets 2019: $485,402Liabilities 2019: $1,694Net Assets 2019: $483,7082019Assets 2020: $523,442Liabilities 2020: $11,194Net Assets 2020: $512,2482020Assets 2021: $424,442Liabilities 2021: $1,693Net Assets 2021: $422,7492021Assets 2022: $349,936Liabilities 2022: $38,328Net Assets 2022: $311,6082022Assets 2023: $678,877Liabilities 2023: $335,589Net Assets 2023: $343,2882023Assets 2024: $477,877Liabilities 2024: $184,078Net Assets 2024: $293,7992024

Highlighted filing

2018

Assets$555,610
Liabilities$1,700
Net Assets$553,910

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $81,909Expenses 2011: $290,539Net Income 2011: -$208,6302011Revenue 2012: $211,660Expenses 2012: $201,614Net Income 2012: $10,0462012Revenue 2013: $142,534Expenses 2013: $201,772Net Income 2013: -$59,2382013Revenue 2014: $172,165Expenses 2014: $233,735Net Income 2014: -$61,5702014Revenue 2015: $93,335Expenses 2015: $217,096Net Income 2015: -$123,7612015Revenue 2016: $116,375Expenses 2016: $213,701Net Income 2016: -$97,3262016Revenue 2017: $228,324Expenses 2017: $248,709Net Income 2017: -$20,3852017Revenue 2018: $124,288Expenses 2018: $272,033Net Income 2018: -$147,7452018Revenue 2019: $158,026Expenses 2019: $228,228Net Income 2019: -$70,2022019Revenue 2020: $108,662Expenses 2020: $189,240Net Income 2020: -$80,5782020Revenue 2021: $103,249Expenses 2021: $192,748Net Income 2021: -$89,4992021Revenue 2022: $189,199Expenses 2022: $314,445Net Income 2022: -$125,2462022Revenue 2023: $584,544Expenses 2023: $552,864Net Income 2023: $31,6802023Revenue 2024: $659,831Expenses 2024: $709,320Net Income 2024: -$49,4892024

Highlighted filing

2018

Revenue$124,288
Expenses$272,033
Net Income-$147,745
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 12, 2019
Return Version
2018v3.1
Gross Receipts
$134,396
Mission and Program Overview

Mission

To provide educational and health related assistance to the citizens of calhoun county, alabama

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$169,015$241,312▲ $72,297
Investments in Publicly Traded Securities$478,103$210,250▼ $267,853
Land, Buildings, and Equipment, Net$55,102$86,530▲ $31,428
Accounts Receivable-$9,509-
Prepaid Expenses and Deferred Charges$1,970$8,009▲ $6,039
Total Assets$704,190$555,610▼ $148,580
Liabilities
Accounts Payable and Accrued Expenses$1,837$942▼ $895
Other Liabilities$698$758▲ $60
Total Liabilities$2,535$1,700▼ $835
Net Assets / Fund Balance
Unrestricted Net Assets$223,552$553,910▲ $330,358
Permanently Rstr Net Assets$478,103--
Total Net Assets Fund Balance$701,655$553,910▼ $147,745
Total Liabilities and Net Assets / Fund Balance$704,190$555,610▼ $148,580

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$81,230$51,878$60,686
Land$5,300-$5,300
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kay BeardDirector of OperFT$43,542$43,542

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$75,000
Program Service Revenue
$0
Investment Income
$29,413
Other Revenue
$19,875
All Other Contributions
$75,000
Change in Net Assets
$-147,745

Audited Revenue Reconciliation

Revenue per Audited Statements
$124,288
Total Revenue per Audited Statements
$124,288
Total Revenue per Form 990
$124,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,711
Salaries, Compensation, and Employee Benefits$96,322
Total Fundraising Expense$888
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,417$65,520-$82,937
All Other Expenses$13,593$19,284$888$33,765
Other Expenses$3,650$4,540-$8,190
Other Employee Benefits$6,900--$6,900
Occupancy-$6,756-$6,756
Payroll Taxes$1,391$5,094-$6,485
Depreciation Depletion$5,549$626-$6,175
Fees for Services Accounting-$4,608-$4,608
Office Expenses$671$2,895-$3,566
Conferences and Meetings$2,664$40-$2,704
Fees for Services Other-$1,932-$1,932
Advertising$1,594--$1,594
Travel$293--$293
Fees for Services Legal-$45-$45
Total Functional Expenses$110,647$160,498$888$272,033

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$272,033
Total Expenses per Audited Statements$272,033
Total Expenses per Form 990$272,033
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,921
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$758
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

The 990 is presented to the board for review and approval before filing.

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

Everyone on the scholarship committee has to sign the conflict of interest form annually.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
West Anniston Foundation Inc
EIN
52-2362680
Phone
2562389900
Address
800 CLYDESDALE AVENUE, ANNISTON, AL 36201

Signing Officer

Name
Kay Beard
Title
Director of Operations
Phone
2562389900
Signed
2019-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Gibson
Formed
2001
Legal Domicile
Al
Voting Board Members
11
Independent Board Members
11
Employees
3

Preparer

Firm
Edgar and Associates LLC
Address
606 EDGAR ROAD, GLENCOE, AL 35905-7158
Preparer
James C Edgar
Phone
2562371773
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To assist individuals who are environmentally and economically impacted.

Form 990, Part IX, Line 24E

Scholarships 8,000 0 0 donated expense rent 0 7,200 0 repairs and maintenance 0 4,354 0 telephone 0 4,103 0 insurance 0 3,627 0 community outreach 3,238 0 0 dues and subscriptions 1,570 0 0 0 0 888 consulting 675 0 0 supplies 110 0 0 total 13,593 19,284 888

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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt08000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO ASSIST INDIVIDUALS WHO ARE ENVIRONMENTALLY AND ECONOMICALLY IMPACTED.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0131484
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt095542
IRS990/PYOtherExpensesAmt0161376
IRS990/PYOtherRevenueAmt01298
IRS990/PYRevenuesLessExpensesAmt0-20385
IRS990/PYSalariesCompEmpBnftPaidAmt087333
IRS990/PYTotalExpensesAmt0248709
IRS990/PYTotalRevenueAmt0228324
IRS990/ReconcilationRevenueExpnssAmt0-147745
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-2108
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt075000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt076438
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt074639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt066386
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt071800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0364263
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07327
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt010543
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt037776
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt063646
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0146315
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85120
IRS990ScheduleA/PublicSupportPY170Pct00.86140
IRS990ScheduleA/PublicSupportTotal170Amt0364263
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt075000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt076438
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt074639
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt066386
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt071800
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0364263
IRS990ScheduleA/TotalSupportAmt0427942
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt033
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt033
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0272033
IRS990ScheduleD/LandGrp/BookValueAmt05300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05300
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt081230
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051878
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt072422
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt060686
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0758
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt0124288
IRS990ScheduleD/TotalBookValueLandBuildingsAmt086530
IRS990ScheduleD/TotalExpensesPerForm990Amt0272033
IRS990ScheduleD/TotalLiabilityAmt0758
IRS990ScheduleD/TotalRevenuePerForm990Amt0124288
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0124288
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0272033
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ASSIST INDIVIDUALS WHO ARE ENVIRONMENTALLY AND ECONOMICALLY IMPACTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EVERYONE ON THE SCHOLARSHIP COMMITTEE HAS TO SIGN THE CONFLICT OF INTEREST FORM ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SCHOLARSHIPS 8,000 0 0 DONATED EXPENSE RENT 0 7,200 0 REPAIRS AND MAINTENANCE 0 4,354 0 TELEPHONE 0 4,103 0 INSURANCE 0 3,627 0 COMMUNITY OUTREACH 3,238 0 0 DUES AND SUBSCRIPTIONS 1,570 0 0 0 0 888 CONSULTING 675 0 0 SUPPLIES 110 0 0 TOTAL 13,593 19,284 888
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0704190
IRS990/TotalAssetsEOYAmt0555610
IRS990/TotalAssetsGrp/BOYAmt0704190
IRS990/TotalAssetsGrp/EOYAmt0555610
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt075000
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0888
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0160498
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0110647
IRS990/TotalFunctionalExpensesGrp/TotalAmt0272033
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02535
IRS990/TotalLiabilitiesEOYAmt01700
IRS990/TotalLiabilitiesGrp/BOYAmt02535
IRS990/TotalLiabilitiesGrp/EOYAmt01700
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0701655
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0553910
IRS990/TotalProgramServiceExpensesAmt0110647
IRS990/TotalReportableCompFromOrgAmt043542
IRS990/TotalRevenueGrp/ExclusionAmt0-187
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt049475
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0124288
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0704190
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0555610
IRS990/TravelGrp/ProgramServicesAmt0293
IRS990/TravelGrp/TotalAmt0293
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0223552
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0553910
IRS990/USAddress/AddressLine1Txt0800 CLYDESDALE AVENUE
IRS990/USAddress/CityNm0ANNISTON
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036207
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.WESTANNISTONFDN.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAY BEARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIR. OF OPERATIONS
ReturnHeader/BusinessOfficerGrp/PhoneNum02562389900
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEST ANNISTON FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0522362680
ReturnHeader/Filer/PhoneNum02562389900
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 CLYDESDALE AVENUE
ReturnHeader/Filer/USAddress/CityNm0ANNISTON

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.$0.48$0.18$0.29$0.66$0.71$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.34$0.34$0.58$0.55$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.35$0.04$0.31$0.19$0.31$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.10$0.19$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.51$0.11$0.19$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.48$0.16$0.23$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.55$0.12$0.27$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.23$0.25$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.12$0.21$0.10
2015Summary only. Only limited summary data is available for this year.$0.82$0.00$0.82$0.09$0.22$0.12
2014Summary only. Only limited summary data is available for this year.$0.94$0.00$0.94$0.17$0.23$0.06
2013Summary only. Only limited summary data is available for this year.$1.01$0.00$1.00$0.14$0.20$0.06
2012Summary only. Only limited summary data is available for this year.$1.00$0.00$1.00$0.21$0.20$0.01
2011Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$0.08$0.29$0.21