Civic Intelligence

Monticello Area Community Action Agency Inc.

990 • Fiscal year 2022 • EIN 54-0799964

Jul 01, 2021 to Jun 30, 2022 • Filed on May 30, 2024

1025 Park StreetCharlottesville, VA 22901

(434) 295-3171

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.45x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

74th percentile

0.34x

Higher debt load relative to revenue than 74% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

50th percentile

7.0%

Higher net margin than 50% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

70th percentile

$102,109

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

61st percentile

6.3%

Faster asset growth than 61% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

37th percentile

-1.5%

Faster revenue growth than 37% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,603,136

Up $153,476 (+6.3%) from 2021

Net Assets

Up

$1,421,998

Up $246,224 (+21%) from 2021

Liabilities

Down

$1,181,138

Down $92,748 (-7.3%) from 2021

Revenue

Down

$3,496,286

Down $54,085 (-1.5%) from 2021

Expenses

Down

$3,250,062

Down $300,880 (-8.5%) from 2021

Net Income

Up

$246,224

Up $246,795 (+43222%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $1,463,004Liabilities 2011: $1,062,472Net Assets 2011: $400,5322011Assets 2012: $1,318,241Liabilities 2012: $1,072,298Net Assets 2012: $245,9432012Assets 2013: $1,273,780Liabilities 2013: $1,020,700Net Assets 2013: $253,0802013Assets 2014: $1,815,518Liabilities 2014: $752,542Net Assets 2014: $1,062,9762014Assets 2015: $1,571,291Liabilities 2015: $733,578Net Assets 2015: $837,7132015Assets 2016: $1,349,020Liabilities 2016: $562,663Net Assets 2016: $786,3572016Assets 2017: $2,351,457Liabilities 2017: $1,378,104Net Assets 2017: $973,3532017Assets 2018: $2,385,259Liabilities 2018: $1,346,112Net Assets 2018: $1,039,1472018Assets 2019: $2,315,632Liabilities 2019: $1,241,352Net Assets 2019: $1,074,2802019Assets 2020: $2,551,995Liabilities 2020: $1,375,650Net Assets 2020: $1,176,3452020Assets 2021: $2,449,660Liabilities 2021: $1,273,886Net Assets 2021: $1,175,7742021Assets 2022: $2,603,136Liabilities 2022: $1,181,138Net Assets 2022: $1,421,9982022Assets 2023: $2,792,960Liabilities 2023: $1,223,923Net Assets 2023: $1,569,0372023Assets 2024: $2,380,982Liabilities 2024: $1,085,838Net Assets 2024: $1,295,1442024Assets 2025: $2,195,435Liabilities 2025: $1,055,436Net Assets 2025: $1,139,9992025

Highlighted filing

2022

Assets$2,603,136
Liabilities$1,181,138
Net Assets$1,421,998

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,729,543Expenses 2011: $3,630,034Net Income 2011: $99,5092011Expenses 2012: $3,202,6212012Expenses 2013: $3,154,2112013Revenue 2014: $3,808,082Expenses 2014: $3,000,792Net Income 2014: $807,2902014Revenue 2015: $2,985,056Expenses 2015: $3,133,010Net Income 2015: -$147,9542015Revenue 2016: $2,913,879Expenses 2016: $2,964,160Net Income 2016: -$50,2812016Revenue 2017: $2,930,058Expenses 2017: $2,761,861Net Income 2017: $168,1972017Revenue 2018: $2,823,443Expenses 2018: $2,757,649Net Income 2018: $65,7942018Revenue 2019: $3,024,033Expenses 2019: $2,988,900Net Income 2019: $35,1332019Revenue 2020: $3,006,785Expenses 2020: $2,904,720Net Income 2020: $102,0652020Revenue 2021: $3,550,371Expenses 2021: $3,550,942Net Income 2021: -$5712021Revenue 2022: $3,496,286Expenses 2022: $3,250,062Net Income 2022: $246,2242022Revenue 2023: $4,563,789Expenses 2023: $4,416,750Net Income 2023: $147,0392023Revenue 2024: $3,339,889Expenses 2024: $3,613,782Net Income 2024: -$273,8932024Revenue 2025: $1,144,211Expenses 2025: $1,299,356Net Income 2025: -$155,1452025

Highlighted filing

2022

Revenue$3,496,286
Expenses$3,250,062
Net Income$246,224
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 30, 2024
Return Version
2021v4.0
Gross Receipts
$3,514,478
Mission and Program Overview

Mission

To improve the lives of people with low income by helping them become self-reliant, thereby enhancing the economic vitality and well-being of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,891,179$1,837,823▼ $53,356
Pledges and Grants Receivable$368,837$525,856▲ $157,019
Cash and Non-Interest-Bearing Accounts$81,256$133,641▲ $52,385
Savings and Temporary Cash Investments$107,710$105,585▼ $2,125
Prepaid Expenses and Deferred Charges$678$231▼ $447
Total Assets$2,449,660$2,603,136▲ $153,476
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,069,109$1,044,814▼ $24,295
Accounts Payable and Accrued Expenses$204,777$136,324▼ $68,453
Total Liabilities$1,273,886$1,181,138▼ $92,748
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,060,447$1,421,998▲ $361,551
Net Assets With Donor Restrictions$115,327--
Total Net Assets Fund Balance$1,175,774$1,421,998▲ $246,224
Total Liabilities and Net Assets / Fund Balance$2,449,660$2,603,136▲ $153,476

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$350,372$1,005,446-
Other Land Buildings$768,421--
Land$667,027--
Equipment$52,003$120,271-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah HanksExecutive DiFT$102,109$102,109
Matt BenefieldDirector ofFT$70,292$70,292

Board Members and Trustees

NameTitle
Sarah Shalf JdBoard Chair
Angela CriticsDirector
Ann MischDirector
Erin SabrinaDirector
Johnette BurdetteDirector
Juliana ArsaliDirector
Price ThomasDirector
Samantha WoodDirector
Tiera E FarleyDirector
Garrett SmithSecretary
Justin MalloryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,485,515
Program Service Revenue
$0
Investment Income
$34
Other Revenue
$10,737
All Other Contributions
$199,361
Change in Net Assets
$246,224

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,496,286
Revenue Not Reported on Form 990
$241,785
Total Revenue per Audited Statements
$3,738,071
Total Revenue per Form 990
$3,496,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,398,432
Other Expenses$851,630
Total Fundraising Expense$1,950
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,208,280$16,823$928$2,226,031
Occupancy$257,478$9,203-$266,681
Fees for Services Other$129,354$56,963$900$187,217
Current Officers, Directors, Trustees, and Key Employees$171,026$1,303$72$172,401
Office Expenses$119,140$9,019-$128,159
Depreciation Depletion$32,549$2,647-$35,196
Other Expenses$28,406$1,238$50$29,644
Travel$7,344$2,240-$9,584
Total Functional Expenses$3,062,272$185,840$1,950$3,250,062

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,473,655
Expenses per Audited Statements$3,250,062
Total Expenses per Form 990$3,250,062
Expenses Not Reported on Form 990$223,593
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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

A draft of the 990 tax return is first sent to the finance committee for review. Once approved by the committee, the 990 is presented to the full board of directors, or the executive committee on behalf of the board, for approval. With approval the 990 is submitted to the irs.

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

Conflict of interest policies are filled out and completed by all members of the board of directors. They are reviewed periodically and any situations that arise are discussed and resolved during board meetings.

Form 990, Page 6, Part VI, Line 15A

The compensation of the executive director requires board approval.

Form 990, Page 6, Part VI, Line 15B

Compensation of other management personnel requires approval of the executive director. There is an annual review and approval of the organization's pay scale and this is done by the personnel committee of the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policies, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Monticello Area Community
EIN
54-0799964
Phone
4342953171
Address
1025 PARK STREET, CHARLOTTESVILLE, VA 22901

Signing Officer

Name
Sarah Hanks
Title
Executive Director
Phone
4342953171
Signed
2024-05-30

Organization Details

Principal Officer
Sarah Hanks
Formed
1965
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
75
Volunteers
4

Preparer

Firm
Robinson Farmer Cox Associates
Address
530 WESTFIELD RD, CHARLOTTESVILLE, VA 22901-1726
Preparer
Michael E Lupton
Phone
4349738314
Supplemental Narrative

Additional Explanations

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

Project discovery promotes academic achievement as a means of propelling high school students from low income families out of poverty. The program specifically focuses on encouraging and helping these students prepare for and pursue a college education. Students receive assistance with completing college applications, locating financial aid, planning for their careers, and preparing them to excel academically and socially beyond high school.

Form 990, Part XI, Line 9

Net stone house rental activity (ubit) 18,192 net stone house rental activity (ubit) -18,192

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Net stone house rental activty (ubit) 18,192

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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01069109
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01044814
IRS990/NetAssetsOrFundBalancesBOYAmt01175774
IRS990/NetAssetsOrFundBalancesEOYAmt01421998
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-981
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-981
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01060447
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01421998
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09203
IRS990/OccupancyGrp/ProgramServicesAmt0257478
IRS990/OccupancyGrp/TotalAmt0266681
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09019
IRS990/OfficeExpensesGrp/ProgramServicesAmt0119140
IRS990/OfficeExpensesGrp/TotalAmt0128159
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0EQUIPMENT & REPAIRS
IRS990/OtherExpensesGrp/Desc1CLIENT SERVICES
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3FOOD & NUTRITION
IRS990/OtherExpensesGrp/FundraisingAmt050
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028727
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt157677
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21238
IRS990/OtherExpensesGrp/ProgramServicesAmt044547
IRS990/OtherExpensesGrp/ProgramServicesAmt163789
IRS990/OtherExpensesGrp/ProgramServicesAmt2359
IRS990/OtherExpensesGrp/ProgramServicesAmt328406
IRS990/OtherExpensesGrp/TotalAmt073324
IRS990/OtherExpensesGrp/TotalAmt163789
IRS990/OtherExpensesGrp/TotalAmt258036
IRS990/OtherExpensesGrp/TotalAmt329644
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011718
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011718
IRS990/OtherRevenueTotalAmt011718
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0928
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016823
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02208280
IRS990/OtherSalariesAndWagesGrp/TotalAmt02226031
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0368837
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0525856
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0678
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0231
IRS990/PrincipalOfficerNm0SARAH HANKS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0OFFICES IN FLUVANNA, LOUISA, AND NELSON COUNTIES PROVIDE EMERGENCY ASSISTANCE TO FAMILIES BY PROVIDING THEM WITH FOOD, CLOTHING, AND FINANCIAL RESOURCES TO COVER RENT OR UTILITY COSTS. EACH SITE DIRECTOR ASSESSES A CLIENT'S NEEDS AND LINKS THEM TO OTHER RESOURCES IN THE REGION TO HELP MEET THEIR LONG-TERM NEEDS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0275076
IRS990/ProgSrvcAccomActy3Grp/Desc0HOUSING PROGRAMS THAT PROVIDE TRANSITIONAL HOUSING FOR HOMELESS FAMILIES WITH CHILDREN IN THEIR CUSTODY. FAMILIES MAY SPEND UP TO 24 MONTHS IN THE HOPE HOUSES. HOPE HOUSE PROVIDES AN OPPORTUNITY FOR FAMILIES TO ADDRESS ISSUES CONTRIBUTING TO POVERTY AND WORK TOWARDS ECONOMIC STABILITY AND INDEPENDENCE THROUGH EDUCATION, TRAINING, AND AN INTENSE CASE MANAGEMENT PROGRAM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0132585
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROJECT DISCOVERY PROMOTES ACADEMIC ACHIEVEMENT AS A MEANS OF PROPELLING HIGH SCHOOL STUDENTS FROM LOW INCOME FAMILIES OUT OF POVERTY. THE PROGRAM SPECIFICALLY FOCUSES ON ENCOURAGING AND HELPING THESE STUDENTS PREPARE FOR AND PURSUE A COLLEGE EDUCATION. STUDENTS RECEIVE ASSISTANCE WITH COMPLETING COLLEGE APPLICATIONS, LOCATING FINANCIAL AID, PLANNING FOR THEIR CAREERS, AND PREPARING THEM TO EXCEL ACADEMICALLY AND SOCIALLY BEYOND HIGH SCHOOL.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt074755
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03549119
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt050
IRS990/PYOtherExpensesAmt01209688
IRS990/PYOtherRevenueAmt01202
IRS990/PYRevenuesLessExpensesAmt0-571
IRS990/PYSalariesCompEmpBnftPaidAmt02341254
IRS990/PYTotalExpensesAmt03550942
IRS990/PYTotalRevenueAmt03550371
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0246224
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-981
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0107710
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0105585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03485515
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03549119
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03008736
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02982960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02793841
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt015820171
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01092
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06592
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06112
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013880
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0113621
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99910
IRS990ScheduleA/PublicSupportTotal170Amt015820171
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03485515
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03549119
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03008736
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02982960
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02793841
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt015820171
IRS990ScheduleA/TotalSupportAmt015834051
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/DirectContactLegislatorsInd0false
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/NotDescribedSection501c3Ind0false
IRS990ScheduleC/OtherActivitiesAmt08295
IRS990ScheduleC/OtherActivitiesInd0true
IRS990ScheduleC/PaidStaffOrManagementInd0false
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0PAYMENT OF DUES AND LEGISLATIVE ASSESSMENT OT THE VIRGINIA COMMUNITY ACTION PARTNERSHIP.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART II-B, LINE 1
IRS990ScheduleC/TotalLobbyingExpendituresAmt08295
IRS990ScheduleC/VolunteersInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0350372
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01005446
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01355818
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0223593
IRS990ScheduleD/DonatedServicesUseFcltsAmt0223593
IRS990ScheduleD/EquipmentGrp/BookValueAmt052003
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120271
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0172274
IRS990ScheduleD/ExpensesNotReportedAmt0223593
IRS990ScheduleD/ExpensesSubtotalAmt03250062
IRS990ScheduleD/LandGrp/BookValueAmt0667027
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0667027
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0768421
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0768421
IRS990ScheduleD/OtherRevenueAmt018192
IRS990ScheduleD/RevenueNotReportedAmt0241785
IRS990ScheduleD/RevenueSubtotalAmt03496286
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NET STONE HOUSE RENTAL ACTIVTY (UBIT) 18,192
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01837823
IRS990ScheduleD/TotalExpensesPerForm990Amt03250062
IRS990ScheduleD/TotalRevenuePerForm990Amt03496286
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03738071
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03473655
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROJECT DISCOVERY PROMOTES ACADEMIC ACHIEVEMENT AS A MEANS OF PROPELLING HIGH SCHOOL STUDENTS FROM LOW INCOME FAMILIES OUT OF POVERTY. THE PROGRAM SPECIFICALLY FOCUSES ON ENCOURAGING AND HELPING THESE STUDENTS PREPARE FOR AND PURSUE A COLLEGE EDUCATION. STUDENTS RECEIVE ASSISTANCE WITH COMPLETING COLLEGE APPLICATIONS, LOCATING FINANCIAL AID, PLANNING FOR THEIR CAREERS, AND PREPARING THEM TO EXCEL ACADEMICALLY AND SOCIALLY BEYOND HIGH SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE 990 TAX RETURN IS FIRST SENT TO THE FINANCE COMMITTEE FOR REVIEW. ONCE APPROVED BY THE COMMITTEE, THE 990 IS PRESENTED TO THE FULL BOARD OF DIRECTORS, OR THE EXECUTIVE COMMITTEE ON BEHALF OF THE BOARD, FOR APPROVAL. WITH APPROVAL THE 990 IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICIES ARE FILLED OUT AND COMPLETED BY ALL MEMBERS OF THE BOARD OF DIRECTORS. THEY ARE REVIEWED PERIODICALLY AND ANY SITUATIONS THAT ARISE ARE DISCUSSED AND RESOLVED DURING BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF THE EXECUTIVE DIRECTOR REQUIRES BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF OTHER MANAGEMENT PERSONNEL REQUIRES APPROVAL OF THE EXECUTIVE DIRECTOR. THERE IS AN ANNUAL REVIEW AND APPROVAL OF THE ORGANIZATION'S PAY SCALE AND THIS IS DONE BY THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NET STONE HOUSE RENTAL ACTIVITY (UBIT) 18,192 NET STONE HOUSE RENTAL ACTIVITY (UBIT) -18,192
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02449660
IRS990/TotalAssetsEOYAmt02603136
IRS990/TotalAssetsGrp/BOYAmt02449660
IRS990/TotalAssetsGrp/EOYAmt02603136
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03485515
IRS990/TotalEmployeeCnt075
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01950
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0185840
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03062272

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.20$1.06$1.14$1.14$1.30$0.16
2024Detailed filing. Detailed filing data is available for this year.$2.38$1.09$1.30$3.34$3.61$0.27
2023Detailed filing. Detailed filing data is available for this year.$2.79$1.22$1.57$4.56$4.42$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.60$1.18$1.42$3.50$3.25$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$1.27$1.18$3.55$3.55$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.55$1.38$1.18$3.01$2.90$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.32$1.24$1.07$3.02$2.99$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.39$1.35$1.04$2.82$2.76$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.35$1.38$0.97$2.93$2.76$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.56$0.79$2.91$2.96$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.57$0.73$0.84$2.99$3.13$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.82$0.75$1.06$3.81$3.00$0.81
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$1.02$0.25$3.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$1.07$0.25$3.20
2011Summary only. Only limited summary data is available for this year.$1.46$1.06$0.40$3.73$3.63$0.10