Civic Intelligence

Builders Exchange Association of Virginia

990 • Fiscal year 2018 • EIN 54-0154950

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

3207 Hermitage RoadRichmond, VA 23227-4717

(804) 353-2788

Siviq Scores

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

Liabilities / Assets

51st percentile

0.08x

Higher debt load relative to assets than 51% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.13x

Higher debt load relative to revenue than 61% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

10th percentile

-14%

Higher net margin than 10% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$51,436

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

9th percentile

-19%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

56th percentile

5.0%

Faster revenue growth than 56% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$585,900

Down $141,140 (-19%) from 2017

Net Assets

Down

$539,746

Down $50,612 (-8.6%) from 2017

Liabilities

Down

$46,154

Down $90,528 (-66%) from 2017

Revenue

Up

$365,363

Up $17,553 (+5.0%) from 2017

Expenses

Down

$415,975

Down $7,291 (-1.7%) from 2017

Net Income

Up

-$50,612

Up $24,844 (+33%) 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: $1,019,819Liabilities 2011: $288,899Net Assets 2011: $730,9202011Assets 2012: $980,529Liabilities 2012: $230,386Net Assets 2012: $750,1432012Assets 2013: $1,017,230Liabilities 2013: $245,515Net Assets 2013: $771,7152013Assets 2014: $945,433Liabilities 2014: $164,110Net Assets 2014: $781,3232014Assets 2015: $933,682Liabilities 2015: $164,532Net Assets 2015: $769,1502015Assets 2016: $824,709Liabilities 2016: $167,571Net Assets 2016: $657,1382016Assets 2017: $727,040Liabilities 2017: $136,682Net Assets 2017: $590,3582017Assets 2018: $585,900Liabilities 2018: $46,154Net Assets 2018: $539,7462018Assets 2019: $512,678Liabilities 2019: $114,380Net Assets 2019: $398,2982019Assets 2020: $399,756Liabilities 2020: $171,127Net Assets 2020: $228,6292020Assets 2021: $214,071Liabilities 2021: $57,498Net Assets 2021: $156,5732021Assets 2022: $641,293Liabilities 2022: $0Net Assets 2022: $641,2932022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2018

Assets$585,900
Liabilities$46,154
Net Assets$539,746

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $589,232Expenses 2011: $606,975Net Income 2011: -$17,7432011Revenue 2012: $522,452Expenses 2012: $503,229Net Income 2012: $19,2232012Revenue 2013: $497,545Expenses 2013: $475,973Net Income 2013: $21,5722013Revenue 2014: $464,718Expenses 2014: $455,110Net Income 2014: $9,6082014Revenue 2015: $408,754Expenses 2015: $420,927Net Income 2015: -$12,1732015Revenue 2016: $360,497Expenses 2016: $472,509Net Income 2016: -$112,0122016Revenue 2017: $347,810Expenses 2017: $423,266Net Income 2017: -$75,4562017Revenue 2018: $365,363Expenses 2018: $415,975Net Income 2018: -$50,6122018Revenue 2019: $268,072Expenses 2019: $409,520Net Income 2019: -$141,4482019Revenue 2020: $368,190Expenses 2020: $396,411Net Income 2020: -$28,2212020Revenue 2021: $268,128Expenses 2021: $340,184Net Income 2021: -$72,0562021Revenue 2022: $628,232Expenses 2022: $143,512Net Income 2022: $484,7202022Revenue 2023: $558Expenses 2023: $641,851Net Income 2023: -$641,2932023

Highlighted filing

2018

Revenue$365,363
Expenses$415,975
Net Income-$50,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$378,209
Mission and Program Overview

Mission

To provide its 500+ member firms news of new developments in Virginia's construction industry through the publication of a weekly bulletin listing construction projects with details for commercial, industrial and institutional public bidding activities in the private, state, local, VDOT, and federal sectors. To provide its members with the plans and specifications of the projects in the various sectors and additional related reference materials.

To provide its member firms news of new developments in Virginia's construction industry and also provide members with plans and specifications of projects in various sectors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$590,358$590,358→ $0
Savings and Temporary Cash Investments$442,506$330,400▼ $112,106
Land, Buildings, and Equipment, Net$175,852$164,719▼ $11,133
Cash and Non-Interest-Bearing Accounts$105,670$86,683▼ $18,987
Prepaid Expenses and Deferred Charges$1,199$2,581▲ $1,382
Accounts Receivable$1,813$1,517▼ $296
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$-50,612▼ $50,612
Total Assets$727,040$585,900▼ $141,140
Liabilities
Deferred Revenue$122,412$35,995▼ $86,417
Accounts Payable and Accrued Expenses$14,270$10,159▼ $4,111
Total Liabilities$136,682$46,154▼ $90,528
Net Assets / Fund Balance
Total Net Assets Fund Balance$590,358$539,746▼ $50,612
Total Liabilities and Net Assets / Fund Balance$727,040$585,900▼ $141,140

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$64,157$160,772$224,929
Buildings$21,818$119,703$141,521
Land$75,179-$75,179
Equipment$3,565$43,831$47,396
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah E GougerExecutive Director / SecreFT$51,436$51,436

Board Members and Trustees

NameTitle
Ty ChappellImediate Past President
Web MartinPresident
Robert MichaeuxVice President
Adam FoegeDirector
Alex Bilter JrDirector
Dan WalkerDirector
Eric MooreDirector
Martha MooreDirector
Matt JonesDirector
Walter HazelgroveDirector
Dave WilckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$335,563
Program Service Revenue
$6,763
Investment Income
$3,390
Other Revenue
$19,647
Change in Net Assets
$-50,612

Audited Revenue Reconciliation

Revenue per Audited Statements
$365,363
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,599
Total Revenue per Audited Statements
$367,962
Total Revenue per Form 990
$365,363
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$215,423
Salaries, Compensation, and Employee Benefits$200,552
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$132,048
Current Officers, Directors, Trustees, and Key Employees---$51,436
Insurance---$47,450
Occupancy---$44,633
Payroll Taxes---$14,483
All Other Expenses---$13,485
Fees for Services Accounting---$12,575
Depreciation Depletion---$11,133
Advertising---$6,346
Other Expenses---$5,967
Pension Plan Contributions---$2,585
Office Expenses---$1,147
Travel---$400
Total Functional Expenses$0$0$0$415,975

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$418,574
Expenses per Audited Statements$415,975
Total Expenses per Form 990$415,975
Expenses Not Reported on Form 990$2,599
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,325
Fundraising Direct Expenses$10,247
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Jamboree Golf Tournament$20,325$20,325$1,727$18,598
Total Events$20,325$20,325$10,247$10,078
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
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

At least one board member reviews the 990 prior to filing.

Form 990, Part VI, Section C, line 19

Any prepared governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Builders Exchange Inc
EIN
54-0154950
Phone
8043532788
Address
3207 Hermitage Road, Richmond, VA 23227-4717

Signing Officer

Name
Sarah E Gouger
Title
Executive Director
Phone
8043532788
Signed
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah E Gouger
Formed
1919
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
8
Volunteers
11

Preparer

Firm
Pilc & Moseley LLC
Address
4312 Grove Avenue, Richmond, VA 23221
Preparer
William C Pilc
Phone
8049188490
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Exchange considers FSB ASC 740-10, Accounting for Uncertainty in Income Taxes. The Exchange has determined no provision for income taxes or uncertain tax positions is necessary.

Part XI, Line 2D - Other Adjustments:

Rental expenses are netted with rental income. 2,599.

Part XII, Line 2D - Other Adjustments:

Rental expenses are netted with rental income. 2,599.

Raw XML AppendixShowing 400 of 421 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/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0719
IRS990/ProgSrvcAccomActy2Grp/Desc0Bulletin distribution - weekly bulletins provide news about the construction industry.
IRS990/ProgSrvcAccomActy3Grp/Desc0Educational programs - various educational programs related to the contruction industry are provided.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0306169
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01551
IRS990/PYOtherExpensesAmt0217068
IRS990/PYOtherRevenueAmt031350
IRS990/PYProgramServiceRevenueAmt08740
IRS990/PYRevenuesLessExpensesAmt0-75456
IRS990/PYSalariesCompEmpBnftPaidAmt0206198
IRS990/PYTotalExpensesAmt0423266
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0347810
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-50612
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt03761
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-50612
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0442506
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0330400
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt021818
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0119703
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0141521
IRS990ScheduleD/EquipmentGrp/BookValueAmt03565
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043831
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047396
IRS990ScheduleD/ExpensesNotReportedAmt02599
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0415975
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt075179
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075179
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt064157
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0160772
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0224929
IRS990ScheduleD/OtherExpensesIncludedAmt02599
IRS990ScheduleD/OtherRevenueAmt02599
IRS990ScheduleD/RevenueNotReportedAmt02599
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0365363
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Exchange considers FSB ASC 740-10, Accounting for Uncertainty in Income Taxes. The Exchange has determined no provision for income taxes or uncertain tax positions is necessary.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental expenses are netted with rental income. 2,599.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rental expenses are netted with rental income. 2,599.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0164719
IRS990ScheduleD/TotalExpensesPerForm990Amt0415975
IRS990ScheduleD/TotalRevenuePerForm990Amt0365363
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0367962
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0418574
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010247
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Jamboree Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04636
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04636
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020325
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020325
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020325
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020325
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010078
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0356
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0356
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01727
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01727
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03528
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03528
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0At least one board member reviews the 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Any prepared governing documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0727040
IRS990/TotalAssetsEOYAmt0585900
IRS990/TotalAssetsGrp/BOYAmt0727040
IRS990/TotalAssetsGrp/EOYAmt0585900
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0335563
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/TotalAmt0415975
IRS990/TotalGrossUBIAmt06527
IRS990/TotalLiabilitiesBOYAmt0136682
IRS990/TotalLiabilitiesEOYAmt046154
IRS990/TotalLiabilitiesGrp/BOYAmt0136682
IRS990/TotalLiabilitiesGrp/EOYAmt046154
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0590358
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0539746
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt06763
IRS990/TotalReportableCompFromOrgAmt051436
IRS990/TotalRevenueGrp/ExclusionAmt017229
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06044
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0365363
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt06527
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0727040
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0585900
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0400
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03207 Hermitage Road
IRS990/USAddress/CityNm0Richmond
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023227
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.BXAVA.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Sarah E Gouger
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08043532788
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Builders Exchange Inc
ReturnHeader/Filer/BusinessNameControlTxt0BUIL
ReturnHeader/Filer/EIN0540154950
ReturnHeader/Filer/PhoneNum08043532788
ReturnHeader/Filer/USAddress/AddressLine1Txt03207 Hermitage Road
ReturnHeader/Filer/USAddress/CityNm0Richmond
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0232274717

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