Civic Intelligence

Georgetown Green Homeowners Association

EIN 54-0842055 • 501(c)4 • Charlottesville, VA

Profile

Maintenance of townhouses, surrounding common areas and swimming pool for 110 households.

P O Box 5642Charlottesville, VA 22905

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.09x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

51st percentile

1.8%

Higher net margin than 51% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$2,520

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

66th percentile

6.0%

Faster asset growth than 66% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

0.6%

Faster revenue growth than 51% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$389,145

Up $22,045 (+6.0%) from 2023

Liabilities

Up

$27,608

Up $16,266 (+143%) from 2023

Net Assets

Up

$361,537

Up $5,779 (+1.6%) from 2023

Revenue

Up

$313,095

Up $1,878 (+0.6%) from 2023

Expenses

Up

$307,316

Up $26,017 (+9.2%) from 2023

Net Income

Down

$5,779

Down $24,139 (-81%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $415,874Liabilities 2010: $2,443Net Assets 2010: $413,4312010Assets 2011: $369,288Liabilities 2011: $14,768Net Assets 2011: $354,5202011Assets 2012: $420,548Liabilities 2012: $17,466Net Assets 2012: $403,0822012Assets 2013: $420,825Liabilities 2013: $9,758Net Assets 2013: $411,0672013Assets 2014: $424,244Liabilities 2014: $11,267Net Assets 2014: $412,9772014Assets 2015: $450,416Liabilities 2015: $10,209Net Assets 2015: $440,2072015Assets 2016: $453,384Liabilities 2016: $13,408Net Assets 2016: $439,9762016Assets 2017: $461,371Liabilities 2017: $7,418Net Assets 2017: $453,9532017Assets 2018: $474,962Liabilities 2018: $11,052Net Assets 2018: $463,9102018Assets 2019: $481,253Liabilities 2019: $9,987Net Assets 2019: $471,2662019Assets 2020: $435,484Liabilities 2020: $12,259Net Assets 2020: $423,2252020Assets 2021: $393,340Liabilities 2021: $17,597Net Assets 2021: $375,7432021Assets 2022: $346,817Liabilities 2022: $20,977Net Assets 2022: $325,8402022Assets 2023: $367,100Liabilities 2023: $11,342Net Assets 2023: $355,7582023Assets 2024: $389,145Liabilities 2024: $27,608Net Assets 2024: $361,5372024

Highlighted filing

2024

Assets$389,145
Liabilities$27,608
Net Assets$361,537

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2010: $277,1042010Expenses 2011: $338,8272011Expenses 2012: $257,8792012Revenue 2013: $280,277Expenses 2013: $272,292Net Income 2013: $7,9852013Revenue 2014: $279,613Expenses 2014: $277,703Net Income 2014: $1,9102014Revenue 2015: $276,670Expenses 2015: $249,440Net Income 2015: $27,2302015Revenue 2016: $278,779Expenses 2016: $279,010Net Income 2016: -$2312016Revenue 2017: $279,136Expenses 2017: $265,159Net Income 2017: $13,9772017Revenue 2018: $280,131Expenses 2018: $270,174Net Income 2018: $9,9572018Revenue 2019: $281,165Expenses 2019: $273,809Net Income 2019: $7,3562019Revenue 2020: $280,279Expenses 2020: $328,320Net Income 2020: -$48,0412020Revenue 2021: $279,609Expenses 2021: $327,091Net Income 2021: -$47,4822021Revenue 2022: $279,469Expenses 2022: $329,372Net Income 2022: -$49,9032022Revenue 2023: $311,217Expenses 2023: $281,299Net Income 2023: $29,9182023Revenue 2024: $313,095Expenses 2024: $307,316Net Income 2024: $5,7792024

Highlighted filing

2024

Revenue$313,095
Expenses$307,316
Net Income$5,779

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.89$0.28$3.62$3.13$3.07$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.67$0.11$3.56$3.11$2.81$0.30
2022Detailed filing. Detailed filing data is available for this year.$3.47$0.21$3.26$2.79$3.29$0.50
2021Detailed filing. Detailed filing data is available for this year.$3.93$0.18$3.76$2.80$3.27$0.47
2020Detailed filing. Detailed filing data is available for this year.$4.35$0.12$4.23$2.80$3.28$0.48
2019Detailed filing. Detailed filing data is available for this year.$4.81$0.10$4.71$2.81$2.74$0.07
2018Detailed filing. Detailed filing data is available for this year.$4.75$0.11$4.64$2.80$2.70$0.10
2017Detailed filing. Detailed filing data is available for this year.$4.61$0.07$4.54$2.79$2.65$0.14
2016Detailed filing. Detailed filing data is available for this year.$4.53$0.13$4.40$2.79$2.79$0.00
2015Detailed filing. Detailed filing data is available for this year.$4.50$0.10$4.40$2.77$2.49$0.27
2014Detailed filing. Detailed filing data is available for this year.$4.24$0.11$4.13$2.80$2.78$0.02
2013Detailed filing. Detailed filing data is available for this year.$4.21$0.10$4.11$2.80$2.72$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.21$0.17$4.03$2.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.15$3.55$3.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$0.02$4.13$2.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 13, 2025
Return Version
2024v5.2
Gross Receipts
$313,095
Mission and Program Overview

Mission

Maintenance of townhouses, surrounding common areas and swimming pool for 110 households.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$355,758$361,537▲ $5,779
Savings and Temporary Cash Investments$188,095$196,000▲ $7,905
Land, Buildings, and Equipment, Net$71,359$120,247▲ $48,888
Cash and Non-Interest-Bearing Accounts$99,328$72,348▼ $26,980
Accounts Receivable$8,318$550▼ $7,768
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$367,100$389,145▲ $22,045
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$7,582$21,583▲ $14,001
Other Liabilities$3,760$6,025▲ $2,265
Total Liabilities$11,342$27,608▲ $16,266
Net Assets / Fund Balance
Total Net Assets Fund Balance$355,758$361,537▲ $5,779
Total Liabilities and Net Assets / Fund Balance$367,100$389,145▲ $22,045

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$120,247$749,109$869,356
Compensation and Service Providers

Employees

NameTitleBaseTotal
Anne BeasleySecretary$2,760$2,760
Kathleen PaceVice President$2,760$2,760
Meaghan SheaTreasurer$2,760$2,760
Roy BrownPresident$2,760$2,760
Johannah TyerDirector$2,070$2,070
Katie Hogan WilliamsonDirector$690$690

Board Members and Trustees

NameTitle
Ellen BeasleyPresident
Michael MartinVice President
Barbara CorleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$305,190
Investment Income
$7,905
Other Revenue
$0
Change in Net Assets
$5,779
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$293,516
Salaries, Compensation, and Employee Benefits$13,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$22,459--$22,459
Depreciation Depletion$16,563--$16,563
All Other Expenses$15,994--$15,994
Current Officers, Directors, Trustees, and Key Employees-$13,800-$13,800
Fees for Services Management$9,400--$9,400
Fees for Services Accounting$4,858--$4,858
Insurance$3,185--$3,185
Fees for Services Legal$983--$983
Office Expenses$888--$888
Total Functional Expenses$293,516$13,800$0$307,316
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Dues$6,025
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

All homeowners are members of the organization.

Form 990, Part VI, Section A, Line 7A

Members vote to elect members of the board of directors.

Form 990, Part VI, Section A, Line 7B

The board of directors must have member approval before making major improvements.

Form 990, Part VI, Section B, Line 11B

A copy of the return is provided to each board member by the treasurer for review before filing.

Form 990, Part VI, Section C, Line 19

The association provides physical copies of governing documents, bylaws, policies, financial statements and tax returns by request.

Filing and Contact Details

Filer

Filer Name
Georgetown Green Homeowners Association
EIN
54-0842055
Phone
5402729695
Address
P O BOX 5642, CHARLOTTESVILLE, VA 22905

Signing Officer

Name
Barbara Corley
Title
Treasurer
Signed
2025-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Corley
Formed
1968
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
3

Preparer

Firm
Cecil R Floyd Jr CPA PC
Address
2350 Commonwealth Drive Suite D, Charlottesville, VA 22901
Preparer
Cecil R Floyd Jr CPA
Phone
4349753330
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0GROUNDS MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2BUILDING MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TRASH REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt091995
IRS990/OtherExpensesGrp/ProgramServicesAmt164049
IRS990/OtherExpensesGrp/ProgramServicesAmt263142
IRS990/OtherExpensesGrp/ProgramServicesAmt322459
IRS990/OtherExpensesGrp/TotalAmt091995
IRS990/OtherExpensesGrp/TotalAmt164049
IRS990/OtherExpensesGrp/TotalAmt263142
IRS990/OtherExpensesGrp/TotalAmt322459
IRS990/OtherLiabilitiesGrp/BOYAmt03760
IRS990/OtherLiabilitiesGrp/EOYAmt06025
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0BARBARA CORLEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0305190
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0305190
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06407
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0258590
IRS990/PYProgramServiceRevenueAmt0304810
IRS990/PYRevenuesLessExpensesAmt029918
IRS990/PYSalariesCompEmpBnftPaidAmt022709
IRS990/PYTotalExpensesAmt0281299
IRS990/PYTotalRevenueAmt0311217
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05779
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0313095
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0355758
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0361537
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0188095
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0196000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0120247
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0749109
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0869356
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06025
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID DUES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0120247
IRS990ScheduleD/TotalLiabilityAmt06025
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL HOMEOWNERS ARE MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS VOTE TO ELECT MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS MUST HAVE MEMBER APPROVAL BEFORE MAKING MAJOR IMPROVEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE RETURN IS PROVIDED TO EACH BOARD MEMBER BY THE TREASURER FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ASSOCIATION PROVIDES PHYSICAL COPIES OF GOVERNING DOCUMENTS, BYLAWS, POLICIES, FINANCIAL STATEMENTS AND TAX RETURNS BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0367100
IRS990/TotalAssetsEOYAmt0389145
IRS990/TotalAssetsGrp/BOYAmt0367100
IRS990/TotalAssetsGrp/EOYAmt0389145
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013800
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0293516
IRS990/TotalFunctionalExpensesGrp/TotalAmt0307316
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011342
IRS990/TotalLiabilitiesEOYAmt027608
IRS990/TotalLiabilitiesGrp/BOYAmt011342
IRS990/TotalLiabilitiesGrp/EOYAmt027608
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0355758
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0361537
IRS990/TotalProgramServiceExpensesAmt0293516
IRS990/TotalProgramServiceRevenueAmt0305190
IRS990/TotalReportableCompFromOrgAmt013800
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0313095
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0313095
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0367100
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0389145
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 5642
IRS990/USAddress/CityNm0CHARLOTTESVILLE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd0229055672
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BARBARA CORLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GEORGETOWN GREEN HOMEOWNERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0GEOR
ReturnHeader/Filer/EIN0540842055
ReturnHeader/Filer/PhoneNum05402729695
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 5642
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022905
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541850167
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cecil R Floyd Jr CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02350 Commonwealth Drive Suite D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Charlottesville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022901
ReturnHeader/PreparerPersonGrp/PhoneNum04349753330
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CECIL R FLOYD JR CPA
ReturnHeader/ReturnTs02025-11-14T07:23:09-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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