Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
The Terrace Club Inc
EIN 54-0787906 • 501(c)7 • Winchester, VA
Profile
LITERARY CLUB
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.01x
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Balance Sheet
Assets
Down$166,924
Down $26,718 (-14%) from 2024
Liabilities
Down$957
Down $667 (-41%) from 2024
Net Assets
Down$165,967
Down $26,051 (-14%) from 2024
Revenue
Down$96,440
Down $18,332 (-16%) from 2024
Expenses
Up$122,491
Up $4,230 (+3.6%) from 2024
Net Income
Down-$26,051
Down $22,562 (-647%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $166,924
- Liabilities
- $957
- Net assets
- $165,967
- Revenue
- $96,440
- Expenses
- $122,491
- Net income
- -$26,051
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2025 to Dec 31, 2025
- Signed
- Jan 30, 2026
- Return Version
- 2025v4.0
- Gross Receipts
- $118,114
Mission and Program Overview
Mission
LITERARY CLUB
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SCHOLARSHIPS | $9,000 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHARLES S CLARK | President | - | $0 | - | - |
| PUNKY GOLIGHTLY | Vice-President | - | $0 | - | - |
| FRANK HAINES | Secretary | - | $0 | - | - |
| KELLY FLETCHER | Treasurer | - | $0 | - | - |
| TUFFY WHITACRE | Member At Large | - | $0 | - | - |
| SAMMY CARTER | Member At Large | - | $0 | - | - |
| DANIEL KELLY | Member-At-Large | - | $0 | - | - |
| JASON BRILL | Member-At-Large | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Spec Project | $57,161 | $57,161 | - | $57,161 |
| Total Events | $57,161 | $57,161 | - | $57,161 |
Filing and Contact Details
Filer
- Filer Name
- The Terrace Club Inc
- EIN
- 54-0787906
- In Care Of
- % CHARLES S CLARK
- Phone
- 5403273758
- Address
- 2215 VALOR DR, WINCHESTER, VA 22601-6110
Signing Officer
- Name
- Charles S Clark
- Title
- President
- Phone
- 5403273758
- Signed
- 2026-01-30
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Sites & Associates Inc
- Address
- 830 Amherst Street, Winchester, VA 22601
- Preparer
- Gary a Wygal
- Phone
- 5406675198
Supplemental Narrative
Additional Explanations
List of grants and similar amounts paid Part I line 10
“Activity SCHOLARSHIPS Grantee JAMES WOOD HIGH SCHOOL Street 161 APPLE PIE RIDGE ROAD City, State, Zip WINCHESTER, VA 22603Relationship NONE Amount 4,000Activity SCHOLARSHIPS Grantee JOHN HANDLEY HIGH SCHOOL Street 425 HANDLEY BLVD City, State, Zip WINCHESTER, VA 22601Relationship NONE Amount 5,000Activity VARIOUS CONTRIBUTIONS Grantee VARIOUS Street VARIOUS City, State, Zip WINCHESTER, VA 22601Relationship NONE Amount 3,000”
Description of other expenses Part I line 16
“Description AmountINSURANCE 1,246LICENSES 738MEMBERSHIP/DUES 130OFFICE EXPENSE 731PAYROLL TAXES 3,948SUPPLIES 32BUSINESS PERSONAL PROPERTY TAXES 229”
Description of other assets Part II line 24
“Category Beginning of Year End of YearSECURITY DEPOSIT 2,500 2,500”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearCITY MEALS TAX 283 242SALES TAX 238 209PAYROLL TAXES 1,103 506”
Raw XML Appendix155 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | LYNN MILLER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5403273758 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3690 OLD CHARLES TOWN ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BERRYVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 22611 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 191142 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 164424 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 21674 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -26051 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3210 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 193642 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 166924 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 57161 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 5000 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 12000 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 30159 |
| IRS990EZ/GrossReceiptsAmt | 0 | 118114 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 51833 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 4120 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 192018 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 165967 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 192018 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 165967 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 49932 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CHARLES S CLARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PUNKY GOLIGHTLY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | FRANK HAINES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KELLY FLETCHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | TUFFY WHITACRE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | SAMMY CARTER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | DANIEL KELLY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | JASON BRILL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE-PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | MEMBER AT LARGE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | MEMBER AT LARGE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | MEMBER-AT-LARGE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | MEMBER-AT-LARGE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2500 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7054 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | LITERARY CLUB |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SCHOLARSHIPS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 9000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 50295 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 62161 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1624 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 957 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 122491 |
| IRS990EZ/TotalRevenueAmt | 0 | 96440 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | SPEC PROJECT |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 57161 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 57161 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 57161 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 57161 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 57161 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity SCHOLARSHIPS Grantee JAMES WOOD HIGH SCHOOL Street 161 APPLE PIE RIDGE ROAD City, State, Zip WINCHESTER, VA 22603Relationship NONE Amount 4,000Activity SCHOLARSHIPS Grantee JOHN HANDLEY HIGH SCHOOL Street 425 HANDLEY BLVD City, State, Zip WINCHESTER, VA 22601Relationship NONE Amount 5,000Activity VARIOUS CONTRIBUTIONS Grantee VARIOUS Street VARIOUS City, State, Zip WINCHESTER, VA 22601Relationship NONE Amount 3,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountINSURANCE 1,246LICENSES 738MEMBERSHIP/DUES 130OFFICE EXPENSE 731PAYROLL TAXES 3,948SUPPLIES 32BUSINESS PERSONAL PROPERTY TAXES 229 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearSECURITY DEPOSIT 2,500 2,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearCITY MEALS TAX 283 242SALES TAX 238 209PAYROLL TAXES 1,103 506 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHARLES S CLARK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5403273758 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-01-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE TERRACE CLUB INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TERR |
| ReturnHeader/Filer/EIN | 0 | 540787906 |
| ReturnHeader/Filer/InCareOfNm | 0 | % CHARLES S CLARK |
| ReturnHeader/Filer/PhoneNum | 0 | 5403273758 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2215 VALOR DR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WINCHESTER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 226016110 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 541176027 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Sites & Associates Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 830 Amherst Street |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Winchester |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 22601 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5406675198 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GARY A WYGAL |
| ReturnHeader/ReturnTs | 0 | 2026-02-06T08:39:57-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.