Civic Intelligence

Vector Industries Inc.

990 • Fiscal year 2018 • EIN 54-0853760

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

1300 Hopeman ParkwayWaynesboro, VA 22980

(540) 943-8444

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.10x

Higher debt load relative to assets than 53% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

35th percentile

0.04x

Higher debt load relative to revenue than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

54th percentile

4.3%

Higher net margin than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

59th percentile

$81,600

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

70th percentile

8.9%

Faster asset growth than 70% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

44th percentile

1.5%

Faster revenue growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$714,426

Up $58,182 (+8.9%) from 2017

Net Assets

Up

$639,569

Up $75,401 (+13%) from 2017

Liabilities

Down

$74,857

Down $17,219 (-19%) from 2017

Revenue

Up

$1,773,985

Up $26,059 (+1.5%) from 2017

Expenses

Up

$1,698,589

Up $30,616 (+1.8%) from 2017

Net Income

Down

$75,396

Down $4,557 (-5.7%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,636,790Liabilities 2011: $93,573Net Assets 2011: $1,543,2172011Assets 2012: $1,635,097Liabilities 2012: $120,421Net Assets 2012: $1,514,6762012Assets 2013: $1,659,495Liabilities 2013: $189,342Net Assets 2013: $1,470,1532013Assets 2014: $459,263Liabilities 2014: $55,508Net Assets 2014: $403,7552014Assets 2015: $545,424Liabilities 2015: $92,308Net Assets 2015: $453,1162015Assets 2016: $567,165Liabilities 2016: $82,950Net Assets 2016: $484,2152016Assets 2017: $656,244Liabilities 2017: $92,076Net Assets 2017: $564,1682017Assets 2018: $714,426Liabilities 2018: $74,857Net Assets 2018: $639,5692018Assets 2019: $812,194Liabilities 2019: $152,183Net Assets 2019: $660,0112019Assets 2020: $867,170Liabilities 2020: $106,022Net Assets 2020: $761,1482020Assets 2021: $1,292,662Liabilities 2021: $124,642Net Assets 2021: $1,168,0202021Assets 2022: $1,005,222Liabilities 2022: $120,972Net Assets 2022: $884,2502022Assets 2023: $728,219Liabilities 2023: $107,925Net Assets 2023: $620,2942023Assets 2024: $672,161Liabilities 2024: $107,053Net Assets 2024: $565,1082024

Highlighted filing

2018

Assets$714,426
Liabilities$74,857
Net Assets$639,569

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,422,017Expenses 2011: $1,438,632Net Income 2011: -$16,6152011Revenue 2012: $1,429,107Expenses 2012: $1,457,648Net Income 2012: -$28,5412012Revenue 2013: $1,440,737Expenses 2013: $1,485,260Net Income 2013: -$44,5232013Revenue 2014: $1,465,792Expenses 2014: $1,405,021Net Income 2014: $60,7712014Revenue 2015: $1,642,731Expenses 2015: $1,593,370Net Income 2015: $49,3612015Revenue 2016: $1,699,402Expenses 2016: $1,668,303Net Income 2016: $31,0992016Revenue 2017: $1,747,926Expenses 2017: $1,667,973Net Income 2017: $79,9532017Revenue 2018: $1,773,985Expenses 2018: $1,698,589Net Income 2018: $75,3962018Revenue 2019: $1,798,024Expenses 2019: $1,777,582Net Income 2019: $20,4422019Revenue 2020: $1,783,942Expenses 2020: $1,682,805Net Income 2020: $101,1372020Revenue 2021: $2,566,054Expenses 2021: $2,159,182Net Income 2021: $406,8722021Revenue 2022: $2,362,898Expenses 2022: $2,139,668Net Income 2022: $223,2302022Revenue 2023: $1,289,371Expenses 2023: $1,553,327Net Income 2023: -$263,9562023Revenue 2024: $1,576,351Expenses 2024: $1,631,537Net Income 2024: -$55,1862024

Highlighted filing

2018

Revenue$1,773,985
Expenses$1,698,589
Net Income$75,396
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,775,147
Mission and Program Overview

Mission

To employ and train persons with diverse disabilities to enable them to reach their full potential as productive community members.

To employ and train persons with diverse disabilities to enable them to reach their potential as productive community members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$207,486$225,916▲ $18,430
Accounts Receivable$247,620$224,723▼ $22,897
Cash and Non-Interest-Bearing Accounts$55,046$121,886▲ $66,840
Land, Buildings, and Equipment, Net$95,260$92,606▼ $2,654
Prepaid Expenses and Deferred Charges$10,935$10,508▼ $427
Other Notes and Loans Receivable, Net$4,980$2,895▼ $2,085
Inventories for Sale or Use-$709-
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-
Total Assets$656,244$714,426▲ $58,182
Other Assets Total$34,917$35,183▲ $266
Liabilities
Accounts Payable and Accrued Expenses$92,076$74,857▼ $17,219
Total Liabilities$92,076$74,857▼ $17,219
Net Assets / Fund Balance
Unrestricted Net Assets$564,168$639,569▲ $75,401
Total Net Assets Fund Balance$564,168$639,569▲ $75,401
Total Liabilities and Net Assets / Fund Balance$656,244$714,426▲ $58,182

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$92,606$697,962$790,568
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine JohnstonCEOFT$79,000$2,600$81,600

Board Members and Trustees

NameTitle
Leonard PittmanChair
Wendell ColemamVice Chair
Bill HausrathDirector
Carole SmithDirector
Kodi FryeDirector
Paul DryerDirector
Richard BaldwinDirector
Sherry DemossDirector
Tyler HoffmanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$25,291
Program Service Revenue
$1,687,663
Investment Income
$1,247
Other Revenue
$59,784
All Other Contributions
$25,291
Change in Net Assets
$75,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,134,438
Other Expenses$564,151
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$693,669$173,418-$867,087
Occupancy$178,453$26,448-$204,901
Other Employee Benefits$83,869$20,967-$104,836
Current Officers, Directors, Trustees, and Key Employees$65,280$16,320-$81,600
Payroll Taxes$64,732$16,183-$80,915
Depreciation Depletion$25,226--$25,226
Information Technology$19,015$4,754-$23,769
Insurance$15,181$2,162-$17,343
All Other Expenses$11,208$786-$11,994
Office Expenses$8,179$2,045-$10,224
Fees for Services Accounting$7,901$1,975-$9,876
Conferences and Meetings$6,162$1,541-$7,703
Other Expenses$5,046$1,036-$5,046
Advertising$2,636$659-$3,295
Fees for Services Legal$65$16-$81
Total Functional Expenses$1,430,279$268,310$0$1,698,589
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
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 will be reviewed by the ceo and accounting director before it is filed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Vector Industries Inc
EIN
54-0853760
Phone
5409438444
Address
1300 HOPEMAN PARKWAY, WAYNESBORO, VA 22980

Signing Officer

Name
Christine Johnston
Title
CEO
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leonard Pittman
Formed
1969
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
90
Volunteers
7

Preparer

Firm
White Withers Masincup & Cannaday PC
Address
510 N Coalter Street, Staunton, VA 24401
Preparer
Andrew L Cannaday
Phone
5408862341
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IRS990/NetIncomeOrLossGrp/ExclusionAmt0270
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0270
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt024623
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt024623
IRS990/NoncashContributionsAmt04552
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt026448
IRS990/OccupancyGrp/ProgramServicesAmt0178453
IRS990/OccupancyGrp/TotalAmt0204901
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02045
IRS990/OfficeExpensesGrp/ProgramServicesAmt08179
IRS990/OfficeExpensesGrp/TotalAmt010224
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt034917
IRS990/OtherAssetsTotalGrp/EOYAmt035183
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt020967
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt083869
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0104836
IRS990/OtherExpensesGrp/Desc0RAW MATERIALS & SUPPLIES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTALS & MAINT
IRS990/OtherExpensesGrp/Desc2VEHICLE EXPENSE
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01036
IRS990/OtherExpensesGrp/ProgramServicesAmt0221969
IRS990/OtherExpensesGrp/ProgramServicesAmt112362
IRS990/OtherExpensesGrp/ProgramServicesAmt29326
IRS990/OtherExpensesGrp/ProgramServicesAmt35046
IRS990/OtherExpensesGrp/TotalAmt0221969
IRS990/OtherExpensesGrp/TotalAmt112362
IRS990/OtherExpensesGrp/TotalAmt210362
IRS990/OtherExpensesGrp/TotalAmt35046
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt034891
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt034891
IRS990/OtherRevenueTotalAmt034891
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0173418
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0693669
IRS990/OtherSalariesAndWagesGrp/TotalAmt0867087
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04980
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02895
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016183
IRS990/PayrollTaxesGrp/ProgramServicesAmt064732
IRS990/PayrollTaxesGrp/TotalAmt080915
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010935
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010508
IRS990/PrincipalOfficerNm0LEONARD PITTMAN
IRS990/PriorPeriodAdjustmentsAmt05
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACTED SERVICES REVEN
IRS990/ProgramServiceRevenueGrp/Desc1TRANSPOTATION SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01649078
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt138585
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01649078
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt138585
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt08000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-3594
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0529835
IRS990/PYOtherRevenueAmt048684
IRS990/PYProgramServiceRevenueAmt01694836
IRS990/PYRevenuesLessExpensesAmt079953
IRS990/PYSalariesCompEmpBnftPaidAmt01138138
IRS990/PYTotalExpensesAmt01667973
IRS990/PYTotalRevenueAmt01747926
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt075396
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt024623
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01687663
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0207486
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0225916
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt025291
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022490
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt026605
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt082386
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt025570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt023886
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt025345
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0540
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt075341
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt034891
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt025118
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt029851
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0959
IRS990ScheduleA/OtherIncome170Grp/TotalAmt090819
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.33150
IRS990ScheduleA/PublicSupportPY170Pct00.35070
IRS990ScheduleA/PublicSupportTotal170Amt082386
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt025291
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022490
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt026605
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt082386
IRS990ScheduleA/TotalSupportAmt0248546
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt092606
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0697962
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0790568
IRS990ScheduleD/TotalBookValueLandBuildingsAmt092606
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE REVIEWED BY THE CEO AND ACCOUNTING DIRECTOR BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.67$0.11$0.57$1.58$1.63$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.73$0.11$0.62$1.29$1.55$0.26
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.12$0.88$2.36$2.14$0.22
2021Detailed filing. Detailed filing data is available for this year.$1.29$0.12$1.17$2.57$2.16$0.41
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.11$0.76$1.78$1.68$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.15$0.66$1.80$1.78$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.71$0.07$0.64$1.77$1.70$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.09$0.56$1.75$1.67$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.57$0.08$0.48$1.70$1.67$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.09$0.45$1.64$1.59$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.06$0.40$1.47$1.41$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.66$0.19$1.47$1.44$1.49$0.04
2012Summary only. Only limited summary data is available for this year.$1.64$0.12$1.51$1.43$1.46$0.03
2011Summary only. Only limited summary data is available for this year.$1.64$0.09$1.54$1.42$1.44$0.02