Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
70th percentile
Higher net margin than 70% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Balance Sheet
Assets
Up$69,577
Up $11,818 (+20%) from 2015
Net Assets
Up$67,835
Up $11,779 (+21%) from 2015
Liabilities
Up$1,742
Up $39 (+2.3%) from 2015
Revenue And Expenses
Revenue
Down$108,583
Down $9,788 (-8.3%) from 2015
Expenses
Down$96,804
Down $372 (-0.4%) from 2015
Net Income
Down$11,779
Down $9,416 (-44%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Jan 25, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $167,907
Mission and Program Overview
Mission
LITERARY CLUB
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SCHOLARSHIPS | $14,000 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHARLES S CLARK | President | - | $0 | - | - |
| BILL STINSON | Vice Pres | - | $0 | - | - |
| LARRY LARSON | Treasurer | - | $0 | - | - |
| RICHIE FLETCHER | Secretary | - | $0 | - | - |
| RITCHIE TRIPLETT | Mbr At Large | - | $0 | - | - |
| DALE WILT | Mbr At Large | - | $0 | - | - |
| BRENDA RANKIN | Mbr At Large | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Terrace Club
- EIN
- 54-0787906
- Address
- 2215 VALOR DRIVE, WINCHESTER, VA 22601
Signing Officer
- Name
- Charles S Clark
- Title
- President
- Phone
- 5403273758
- Signed
- 2017-01-25
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Haines Greene & Yowell Tax Service
- Address
- 675 Poorhouse Road, Winchester, VA 22603
- Preparer
- Mark Greene
- Phone
- 5406621530
Supplemental Narrative
Additional Explanations
List of grants and similar amounts paid Part I line 10
“Activity scholarship grantee james wood high school street 161 apple pie ridge rd city, state, zip winchester, va 22603relationship none amount 5,000activity scholarship grantee handley high school street 425 handley blvd city, state, zip winchester, va 22601relationship none amount 5,000activity all other scholarships amount 4,000”
Description of other expenses Part I line 16
“Description amountbank service charges 95returned check 40licenses 747advertising 250office supplies/postage 585dues & subscriptions 110property taxes 300depreciation (form 4562) 1,524payroll taxes 2,208supplies 849cash over/short 34”
Description of other assets Part II line 24
“Category beginning of year end of yearprepaid expenses 125 125furn/fix net of accum depr 2,283 759security deposit 2,500 2,500”
Description of total liabilities Part II line 26
“Category beginning of year end of yearaccrued p/r w/h 757 774meals tax payable 491 506sales tax payable 455 462”
Raw XML Appendix164 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 | 52851 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 66193 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 50852 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 11779 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3100 |
| IRS990EZ/FiledScheduleAInd | 0 | false |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 57759 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 69577 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 29175 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 44064 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 14000 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 36916 |
| IRS990EZ/GrossReceiptsAmt | 0 | 167907 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 87768 |
| 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 | 6900 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 56056 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 67835 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 56056 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 67835 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 45557 |
| 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/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/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/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/PersonNm | 0 | CHARLES S CLARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BILL STINSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LARRY LARSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RICHIE FLETCHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | RITCHIE TRIPLETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | DALE WILT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | BRENDA RANKIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | MBR AT LARGE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | MBR AT LARGE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | MBR AT LARGE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4908 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3384 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6742 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | LITERARY CLUB |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SCHOLARSHIPS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 14000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 27405 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 8472 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 64767 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1703 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1742 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 96804 |
| IRS990EZ/TotalRevenueAmt | 0 | 108583 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990ScheduleG/CharitableDistributionRqrInd | 0 | false |
| IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd | 0 | false |
| IRS990ScheduleG/GamingManagerIsDirectorOfcrInd | 0 | X |
| IRS990ScheduleG/GamingManagerPersonNm | 0 | RAYMOND LONG |
| IRS990ScheduleG/GamingManagerServicesProvTxt | 0 | MANAGER |
| IRS990ScheduleG/GamingOwnFacilityPct | 0 | 1.000 |
| IRS990ScheduleG/GamingWithNonmembersInd | 0 | false |
| IRS990ScheduleG/IndividualWithBooksNm | 0 | RAYMOND LONG |
| IRS990ScheduleG/LicensedInd | 0 | true |
| IRS990ScheduleG/LicenseSuspendedEtcInd | 0 | false |
| IRS990ScheduleG/MemberOfOtherEntityInd | 0 | false |
| IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt | 0 | 2215 VALOR DRIVE |
| IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm | 0 | WINCHESTER |
| IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd | 0 | VA |
| IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd | 0 | 22601 |
| IRS990ScheduleG/StatesWhereGamingConductedCd | 0 | VA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY SCHOLARSHIP GRANTEE JAMES WOOD HIGH SCHOOL STREET 161 APPLE PIE RIDGE RD CITY, STATE, ZIP WINCHESTER, VA 22603RELATIONSHIP NONE AMOUNT 5,000ACTIVITY SCHOLARSHIP GRANTEE HANDLEY HIGH SCHOOL STREET 425 HANDLEY BLVD CITY, STATE, ZIP WINCHESTER, VA 22601RELATIONSHIP NONE AMOUNT 5,000ACTIVITY ALL OTHER SCHOLARSHIPS AMOUNT 4,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTBANK SERVICE CHARGES 95RETURNED CHECK 40LICENSES 747ADVERTISING 250OFFICE SUPPLIES/POSTAGE 585DUES & SUBSCRIPTIONS 110PROPERTY TAXES 300DEPRECIATION (FORM 4562) 1,524PAYROLL TAXES 2,208SUPPLIES 849CASH OVER/SHORT 34 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARPREPAID EXPENSES 125 125FURN/FIX NET OF ACCUM DEPR 2,283 759SECURITY DEPOSIT 2,500 2,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARACCRUED P/R W/H 757 774MEALS TAX PAYABLE 491 506SALES TAX PAYABLE 455 462 |
| 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 | 2017-02-10 21:41:12Z |
| 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 | 2017-01-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE TERRACE CLUB |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TERR |
| ReturnHeader/Filer/EIN | 0 | 540787906 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2215 VALOR DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WINCHESTER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 22601 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | B4A7425FD06ED91A23AA9FB3141D3533B4CA87F3 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | B4A7425FD06ED91A23AA9FB3141D3533B4CA87F3 |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId | 0 | 5416772017044rn4ecfp |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2017-02-13 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 67.163.127.162 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-02-13 |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 20:57:53 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 541439740 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Haines Greene & Yowell Tax Service |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 675 Poorhouse Road |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Winchester |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 22603 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5406621530 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-01-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Mark Greene |
| ReturnHeader/ReturnTs | 0 | 2017-01-30T11:34:12-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $69,577
- Liabilities
- $1,742
- Net assets
- $67,835
- Revenue
- $108,583
- Expenses
- $96,804
- Net income
- $11,779