Civic Intelligence

Washington Scots C&E Fund C/O Badger Sumrall & Company CPA'S

990 • Fiscal year 2023 • EIN 52-6056354

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 14, 2024

7410 Heritage Village Plaza 101Gainesville, VA 20155

(540) 364-4930

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

82nd percentile

30%

Higher net margin than 82% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

71st percentile

15%

Faster asset growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

8th percentile

-43%

Faster revenue growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,210,441

Up $156,727 (+15%) from 2022

Net Assets

Up

$1,210,441

Up $156,727 (+15%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$38,562

Down $28,566 (-43%) from 2022

Expenses

Down

$26,873

Down $23,562 (-47%) from 2022

Net Income

Down

$11,689

Down $5,004 (-30%) from 2022

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 2010: $469,568Liabilities 2010: $0Net Assets 2010: $469,5682010Assets 2011: $484,891Liabilities 2011: $0Net Assets 2011: $484,8912011Assets 2012: $489,676Liabilities 2012: $0Net Assets 2012: $489,6762012Assets 2013: $482,508Liabilities 2013: $0Net Assets 2013: $482,5082013Assets 2014: $511,860Liabilities 2014: $0Net Assets 2014: $511,8602014Assets 2015: $480,003Liabilities 2015: $0Net Assets 2015: $480,0032015Assets 2016: $519,477Liabilities 2016: $0Net Assets 2016: $519,4772016Assets 2017: $579,819Liabilities 2017: $0Net Assets 2017: $579,8192017Assets 2018: $547,548Liabilities 2018: $0Net Assets 2018: $547,5482018Assets 2019: $899,168Liabilities 2019: $0Net Assets 2019: $899,1682019Assets 2020: $1,172,011Liabilities 2020: $0Net Assets 2020: $1,172,0112020Assets 2021: $1,266,863Liabilities 2021: $0Net Assets 2021: $1,266,8632021Assets 2022: $1,053,714Liabilities 2022: $0Net Assets 2022: $1,053,7142022Assets 2023: $1,210,441Liabilities 2023: $0Net Assets 2023: $1,210,4412023Assets 2024: $1,312,045Liabilities 2024: $0Net Assets 2024: $1,312,0452024

Highlighted filing

2023

Assets$1,210,441
Liabilities$0
Net Assets$1,210,441

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $29,8262010Expenses 2011: $27,2292011Expenses 2012: $29,8072012Revenue 2013: $38,027Expenses 2013: $28,301Net Income 2013: $9,7262013Revenue 2014: $29,837Expenses 2014: $28,122Net Income 2014: $1,7152014Revenue 2015: $19,078Expenses 2015: $33,249Net Income 2015: -$14,1712015Revenue 2016: $37,932Expenses 2016: $28,752Net Income 2016: $9,1802016Revenue 2017: $28,361Expenses 2017: $30,539Net Income 2017: -$2,1782017Revenue 2018: $177,386Expenses 2018: $29,804Net Income 2018: $147,5822018Revenue 2019: $325,045Expenses 2019: $23,289Net Income 2019: $301,7562019Revenue 2020: $229,111Expenses 2020: $26,586Net Income 2020: $202,5252020Revenue 2021: $98,965Expenses 2021: $30,492Net Income 2021: $68,4732021Revenue 2022: $67,128Expenses 2022: $50,435Net Income 2022: $16,6932022Revenue 2023: $38,562Expenses 2023: $26,873Net Income 2023: $11,6892023Revenue 2024: $71,119Expenses 2024: $52,362Net Income 2024: $18,7572024

Highlighted filing

2023

Revenue$38,562
Expenses$26,873
Net Income$11,689
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 14, 2024
Return Version
2023v4.0
Gross Receipts
$223,531
Mission and Program Overview

Mission

To provide educational scholarships to persons of scottish descent or for studies in scottish history or culture.

To provide charitable & educational assistance to scotsmen, lineal descendents of scotsmen, and to their widows.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,048,800$1,077,918▲ $29,118
Savings and Temporary Cash Investments$4,914$132,523▲ $127,609
Total Assets$1,053,714$1,210,441▲ $156,727
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$811,204$967,931▲ $156,727
Net Assets With Donor Restrictions$242,510$242,510→ $0
Total Net Assets Fund Balance$1,053,714$1,210,441▲ $156,727
Total Liabilities and Net Assets / Fund Balance$1,053,714$1,210,441▲ $156,727
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greg HaymonChair
Brian MabryTrustee
Jb MeekTrustee
Patrick CumminsTrustee
Tj HollandTrustee
Ian SimmonsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,604
Program Service Revenue
$0
Investment Income
$15,020
Other Revenue
$15,938
All Other Contributions
$7,604
Change in Net Assets
$11,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$13,500
Other Expenses$13,373
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$13,000--$13,000
Fees for Service Investment Mgmnt Fees-$11,084-$11,084
Fees for Services Accounting-$2,130-$2,130
Grants to Domestic Orgs$500--$500
Other Expenses-$159-$159
Total Functional Expenses$13,500$13,373$0$26,873
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,252
Fundraising Direct Expenses$1,314
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$17,252$17,252$1,314$15,938
Total Events$17,252$17,252$1,314$15,938
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

The organization provided form 990 for board inspection.

Form 990, Part VI, Section C, Line 19

The organization makes its financials statements, governing documents, and other policy documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Washington Scots C&e Fund
EIN
52-6056354
Phone
5403644930
Address
7410 HERITAGE VILLAGE PLAZA 101, GAINESVILLE, VA 20155

Signing Officer

Name
Ian Simmons
Title
Treasurer
Phone
5403644930
Signed
2024-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory Haymon
Formed
1935
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
8

Preparer

Firm
Badger Sumrall & Company
Address
7410 HERITAGE VILLAGE PLAZA 101, GAINESVILLE, VA 20155
Preparer
Shawn Sumrall CPA
Phone
5403644930
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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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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt09551
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CONTRACT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE SAINT ANDREW'S SOCIETY OF WASHINGTON DC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01053714
IRS990/TotalAssetsEOYAmt01210441
IRS990/TotalAssetsGrp/BOYAmt01053714
IRS990/TotalAssetsGrp/EOYAmt01210441
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt07604
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013373
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt013500
IRS990/TotalFunctionalExpensesGrp/TotalAmt026873
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01053714
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01210441
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt013500
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt030958
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt038562
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01053714
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01210441
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013731 MONARCH VISTA DRIVE
IRS990/USAddress/CityNm0GERMANTOWN
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020874
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0SAINTANDREWSOCIETY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0IAN SIMMONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05403644930
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WASHINGTON SCOTS C&E FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O BADGER SUMRALL & COMPANY CPA'S
ReturnHeader/Filer/BusinessNameControlTxt0WASH
ReturnHeader/Filer/EIN0526056354
ReturnHeader/Filer/PhoneNum05403644930
ReturnHeader/Filer/USAddress/AddressLine1Txt07410 HERITAGE VILLAGE PLAZA 101
ReturnHeader/Filer/USAddress/CityNm0GAINESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020155
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541645202
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BADGER SUMRALL & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07410 HERITAGE VILLAGE PLAZA 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GAINESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020155
ReturnHeader/PreparerPersonGrp/PhoneNum05403644930
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHAWN SUMRALL CPA
ReturnHeader/ReturnTs02024-03-14T13:38:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0IAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SIMMONS
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.07$0.05$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.04$0.03$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.07$0.05$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.10$0.03$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.23$0.03$0.20
2019Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.33$0.02$0.30
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.18$0.03$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.03$0.03$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.04$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.02$0.03$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.03$0.03$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.04$0.03$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.00$0.48$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.00$0.47$0.03