Civic Intelligence

Southern Area Agency on Aging

EIN 54-1018745 • 501(c)3 • Martinsville, VA

Profile

To provide services to persons over 55 in planning district 12 of virginia.

204 Cleveland AvenueMartinsville, VA 24112

www.southernaaa.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.38x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

24th percentile

-8.2%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

9th percentile

-23%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

18th percentile

-16%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$937,468

Down $277,271 (-23%) from 2024

Liabilities

Down

$359,169

Down $169,353 (-32%) from 2024

Net Assets

Down

$578,299

Down $107,918 (-16%) from 2024

Revenue

Down

$4,994,307

Down $978,184 (-16%) from 2024

Expenses

Down

$5,403,840

Down $546,609 (-9.2%) from 2024

Net Income

Down

-$409,533

Down $431,575 (-1958%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $510,084Liabilities 2011: $321,648Net Assets 2011: $188,4362011Assets 2012: $431,159Liabilities 2012: $254,920Net Assets 2012: $176,2392012Assets 2013: $314,926Liabilities 2013: $180,043Net Assets 2013: $134,8832013Assets 2014: $397,094Liabilities 2014: $233,588Net Assets 2014: $163,5062014Assets 2015: $261,225Liabilities 2015: $99,104Net Assets 2015: $162,1212015Assets 2016: $282,351Liabilities 2016: $117,948Net Assets 2016: $164,4032016Assets 2017: $351,538Liabilities 2017: $168,572Net Assets 2017: $182,9662017Assets 2018: $491,254Liabilities 2018: $276,039Net Assets 2018: $215,2152018Assets 2019: $417,528Liabilities 2019: $120,327Net Assets 2019: $297,2012019Assets 2020: $940,109Liabilities 2020: $614,350Net Assets 2020: $325,7592020Assets 2021: $746,312Liabilities 2021: $313,291Net Assets 2021: $433,0212021Assets 2022: $933,315Liabilities 2022: $540,284Net Assets 2022: $393,0312022Assets 2023: $840,543Liabilities 2023: $412,127Net Assets 2023: $428,4162023Assets 2024: $1,214,739Liabilities 2024: $528,522Net Assets 2024: $686,2172024Assets 2025: $937,468Liabilities 2025: $359,169Net Assets 2025: $578,2992025

Highlighted filing

2025

Assets$937,468
Liabilities$359,169
Net Assets$578,299

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,421,309Expenses 2011: $3,428,156Net Income 2011: -$6,8472011Revenue 2012: $3,216,170Expenses 2012: $3,228,367Net Income 2012: -$12,1972012Revenue 2013: $3,678,275Expenses 2013: $3,770,540Net Income 2013: -$92,2652013Revenue 2014: $3,688,860Expenses 2014: $3,699,971Net Income 2014: -$11,1112014Revenue 2015: $3,812,565Expenses 2015: $3,872,282Net Income 2015: -$59,7172015Revenue 2016: $3,887,909Expenses 2016: $3,998,352Net Income 2016: -$110,4432016Revenue 2017: $4,005,170Expenses 2017: $4,071,767Net Income 2017: -$66,5972017Revenue 2018: $4,179,874Expenses 2018: $4,236,279Net Income 2018: -$56,4052018Revenue 2019: $4,435,934Expenses 2019: $4,512,297Net Income 2019: -$76,3632019Revenue 2020: $4,241,902Expenses 2020: $4,344,317Net Income 2020: -$102,4152020Revenue 2021: $5,180,983Expenses 2021: $5,194,358Net Income 2021: -$13,3752021Revenue 2022: $5,349,811Expenses 2022: $5,520,533Net Income 2022: -$170,7222022Revenue 2023: $5,196,998Expenses 2023: $5,440,294Net Income 2023: -$243,2962023Revenue 2024: $5,972,491Expenses 2024: $5,950,449Net Income 2024: $22,0422024Revenue 2025: $4,994,307Expenses 2025: $5,403,840Net Income 2025: -$409,5332025

Highlighted filing

2025

Revenue$4,994,307
Expenses$5,403,840
Net Income-$409,533

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.94$0.36$0.58$4.99$5.40$0.41
2024Detailed filing. Detailed filing data is available for this year.$1.21$0.53$0.69$5.97$5.95$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.84$0.41$0.43$5.20$5.44$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.93$0.54$0.39$5.35$5.52$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.31$0.43$5.18$5.19$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.61$0.33$4.24$4.34$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.12$0.30$4.44$4.51$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.49$0.28$0.22$4.18$4.24$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.17$0.18$4.01$4.07$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.12$0.16$3.89$4.00$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.10$0.16$3.81$3.87$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.23$0.16$3.69$3.70$0.01
2013Summary only. Only limited summary data is available for this year.$0.31$0.18$0.13$3.68$3.77$0.09
2012Summary only. Only limited summary data is available for this year.$0.43$0.25$0.18$3.22$3.23$0.01
2011Summary only. Only limited summary data is available for this year.$0.51$0.32$0.19$3.42$3.43$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 10, 2025
Return Version
2024v5.0
Gross Receipts
$4,994,307
Mission and Program Overview

Mission

To provide services to persons over 55 in planning district 12 of virginia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$382,185$427,512▲ $45,327
Land, Buildings, and Equipment, Net$398,156$290,165▼ $107,991
Accounts Receivable$276,866$116,914▼ $159,952
Prepaid Expenses and Deferred Charges$18,666$52,054▲ $33,388
Cash and Non-Interest-Bearing Accounts$35$35→ $0
Total Assets$1,214,739$937,468▼ $277,271
Other Assets Total$138,831$50,788▼ $88,043
Liabilities
Deferred Revenue$136,870$267,261▲ $130,391
Other Liabilities$158,594$88,514▼ $70,080
Accounts Payable and Accrued Expenses$233,058$3,394▼ $229,664
Total Liabilities$528,522$359,169▼ $169,353
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$686,217$578,299▼ $107,918
Total Net Assets Fund Balance$686,217$578,299▼ $107,918
Total Liabilities and Net Assets / Fund Balance$1,214,739$937,468▼ $277,271

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$290,165$552,843$843,008
Other Assets Org$50,788--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charlie BowmanChairman
Richard CoxVice Chairma
Andre BetheaDirector
Brenda MetzDirector
Crystal DallasDirector
Kathy RemseyDirector
Linda HandyDirector
Mandy CrowderDirector
Pamela AlfordSecretary
Donna Marie StoneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,886,344
Program Service Revenue
$67,983
Investment Income
$1,406
Other Revenue
$38,574
All Other Contributions
$54,968
Change in Net Assets
$-409,533

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,994,307
Revenue Not Reported on Form 990
$322,407
Total Revenue per Audited Statements
$5,316,714
Total Revenue per Form 990
$4,994,307
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,958,883
Salaries, Compensation, and Employee Benefits$1,444,957
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,140,529--$1,140,529
Other Employee Benefits$193,587--$193,587
Interest$109,848--$109,848
Depreciation Depletion$107,991--$107,991
Payroll Taxes$85,192--$85,192
All Other Expenses$28,541--$28,541
Pension Plan Contributions$25,649--$25,649
Other Expenses$25,639--$25,639
Insurance$21,021--$21,021
Travel$12,348--$12,348
Office Expenses$9,512--$9,512
Advertising$6,200--$6,200
Conferences and Meetings$4,904--$4,904
Occupancy$754--$754
Total Functional Expenses$5,403,840$0$0$5,403,840

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,424,632
Expenses per Audited Statements$5,403,840
Total Expenses per Form 990$5,403,840
Expenses Not Reported on Form 990$20,792
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$45,125
Compensated Absences$43,389
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 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

The executive director and fiscal director review the form 990.

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

The finance committee is responsible for the oversight of employee compensation reviews.

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

The finance committee is responsible for the oversight of employee compensation reviews.

Form 990, Page 6, Part VI, Line 19

The form 990 and public documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Southern Area Agency on Aging
EIN
54-1018745
Phone
2766326442
Address
204 CLEVELAND AVENUE, MARTINSVILLE, VA 24112

Signing Officer

Name
Charlie Bowman
Title
Chairman
Phone
2766326442
Signed
2025-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlie Bowman
Formed
1976
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
10
Employees
40
Volunteers
23

Preparer

Firm
Creedle Jones & Associates Pc
Address
828 N MECKLENBURG AVE, SOUTH HILL, VA 23970
Preparer
Kim W Jackson CPA
Phone
4344477111
Supplemental Narrative

Additional Explanations

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

Other program services consist of services provided to enhance the lives of senior citizens in the community.

Raw XML AppendixShowing 400 of 403 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR AND FISCAL DIRECTOR REVIEW THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF EMPLOYEE COMPENSATION REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF EMPLOYEE COMPENSATION REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 AND PUBLIC DOCUMENTS ARE AVAILABLE UPON REQUEST.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLIE BOWMAN
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ReturnHeader/BusinessOfficerGrp/PhoneNum02766326442
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-10
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CREEDLE JONES & ASSOCIATES PC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTH HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
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ReturnHeader/PreparerPersonGrp/PhoneNum04344477111
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIM W JACKSON CPA
ReturnHeader/ReturnTs02026-02-11T13:18:23-05:00
ReturnHeader/ReturnTypeCd0990

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