Civic Intelligence

Montgomery County Christmas Store Incorporated

990 • Fiscal year 2020 • EIN 54-1246884

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 23, 2021

PO Box 6154Christiansburg, VA 24068

(540) 391-0549

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.06x

Higher debt load relative to assets than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.14x

Higher debt load relative to revenue than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

83rd percentile

37%

Faster revenue growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,075,183

Up $154,431 (+17%) from 2019

Net Assets

Up

$1,014,533

Up $114,688 (+13%) from 2019

Liabilities

Up

$60,650

Up $39,743 (+190%) from 2019

Revenue

Up

$429,006

Up $115,993 (+37%) from 2019

Expenses

Down

$314,714

Down $134 (-0.0%) from 2019

Net Income

Up

$114,292

Up $116,127 (+6328%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $896,724Liabilities 2011: $6,849Net Assets 2011: $889,8752011Assets 2012: $925,476Liabilities 2012: $2,693Net Assets 2012: $922,7832012Assets 2013: $939,542Liabilities 2013: $13,029Net Assets 2013: $926,5132013Assets 2014: $940,874Liabilities 2014: $25,516Net Assets 2014: $915,3582014Assets 2015: $881,378Liabilities 2015: $652Net Assets 2015: $880,7262015Assets 2016: $888,624Liabilities 2016: $37,996Net Assets 2016: $850,6282016Assets 2017: $897,573Liabilities 2017: $26,754Net Assets 2017: $870,8192017Assets 2018: $925,374Liabilities 2018: $24,341Net Assets 2018: $901,0332018Assets 2019: $920,752Liabilities 2019: $20,907Net Assets 2019: $899,8452019Assets 2020: $1,075,183Liabilities 2020: $60,650Net Assets 2020: $1,014,5332020Assets 2021: $1,132,028Liabilities 2021: $53,160Net Assets 2021: $1,078,8682021Assets 2022: $1,170,217Liabilities 2022: $35,079Net Assets 2022: $1,135,1382022Assets 2023: $1,180,784Liabilities 2023: $56,287Net Assets 2023: $1,124,4972023Assets 2024: $1,249,245Liabilities 2024: $86,492Net Assets 2024: $1,162,7532024

Highlighted filing

2020

Assets$1,075,183
Liabilities$60,650
Net Assets$1,014,533

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $188,065Expenses 2011: $212,724Net Income 2011: -$24,6592011Revenue 2012: $250,473Expenses 2012: $207,565Net Income 2012: $42,9082012Revenue 2013: $264,765Expenses 2013: $249,174Net Income 2013: $15,5912013Revenue 2014: $267,489Expenses 2014: $278,644Net Income 2014: -$11,1552014Revenue 2015: $260,804Expenses 2015: $295,436Net Income 2015: -$34,6322015Revenue 2016: $256,417Expenses 2016: $286,521Net Income 2016: -$30,1042016Revenue 2017: $292,356Expenses 2017: $272,304Net Income 2017: $20,0522017Revenue 2018: $319,201Expenses 2018: $288,675Net Income 2018: $30,5262018Revenue 2019: $313,013Expenses 2019: $314,848Net Income 2019: -$1,8352019Revenue 2020: $429,006Expenses 2020: $314,714Net Income 2020: $114,2922020Revenue 2021: $399,319Expenses 2021: $334,437Net Income 2021: $64,8822021Revenue 2022: $434,001Expenses 2022: $375,600Net Income 2022: $58,4012022Revenue 2023: $435,083Expenses 2023: $445,724Net Income 2023: -$10,6412023Revenue 2024: $490,019Expenses 2024: $451,763Net Income 2024: $38,2562024

Highlighted filing

2020

Revenue$429,006
Expenses$314,714
Net Income$114,292
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 23, 2021
Return Version
2020v4.1
Gross Receipts
$430,534
Mission and Program Overview

Mission

Assists low-income families in

Assists low-income families in Montgomery Couny, Virginia during the Christmas season by providing a shopping experience characterized by choice and dignity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$404,280$586,679▲ $182,399
Land, Buildings, and Equipment, Net$495,179$471,954▼ $23,225
Investments in Publicly Traded Securities$12,361$14,774▲ $2,413
Inventories for Sale or Use$8,009$1,763▼ $6,246
Accounts Receivable$923$13▼ $910
Total Assets$920,752$1,075,183▲ $154,431
Liabilities
Accounts Payable and Accrued Expenses$20,907$60,650▲ $39,743
Total Liabilities$20,907$60,650▲ $39,743
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$898,711$1,005,576▲ $106,865
Net Assets With Donor Restrictions$1,134$8,957▲ $7,823
Total Net Assets Fund Balance$899,845$1,014,533▲ $114,688
Total Liabilities and Net Assets / Fund Balance$920,752$1,075,183▲ $154,431

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$368,994$414,306$783,300
Land$102,960-$102,960
Equipment$0$4,000$4,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Merv TimberlakeFinance Chair
Kim O'RourkePresident; Recording Secretary
Rick DiSalvoBuilding
Sally BohlandCorresponding Secretary
Gordon YeeEligibility Coordinator
Molly McClintockEligibility Coordinator
Vicky DierckxFood Coordinator
Karen HealeyFundraising
Megan RoschelliFundraising
Diane ThompsonLiason
Erica ThorntonMember at Large
Therese WaltersMember at Large
Vicky BallNew Goods Coordinator
Dave ArmstrongOperations
Merilyn ArmstrongOperations
Terri Lynn HowardPublic Relations
Pat BallardTreasurer
Margie VitaleUsed Goods Coordinator
Sharon ThompsonVolunteer Coordinator
Revenue and Support

Revenue Composition

Contributions and Grants
$408,277
Program Service Revenue
$0
Investment Income
$764
Other Revenue
$19,965
All Other Contributions
$378,277
Change in Net Assets
$114,292
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$314,714
Total Fundraising Expense$9,950
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$19,507$4,642$9,950$34,099
Depreciation Depletion$23,225$0$0$23,225
Fees for Services Accounting$0$8,945$0$8,945
Insurance$5,286$0$0$5,286
Other Expenses$0$2,055$0$2,055
Total Functional Expenses$289,122$15,642$9,950$314,714
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Montgomery County Christmas Store
EIN
54-1246884
Phone
5403910549
Address
PO Box 6154, Christiansburg, VA 24068

Signing Officer

Name
Pat Ballard
Title
Treasurer
Phone
5403910549
Signed
2021-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pat Ballard
Formed
1982
Legal Domicile
Va
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
250

Preparer

Firm
Robinson Farmer Cox Associates LLC
Address
108 South Park Dr, Blacksburg, VA 24060
Preparer
Corbin C Stone CPA
Phone
5405527322
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Form 990 is reviewed by several of the board members before being filed.

Pt VI, Line 19

The Form 990 is available upon request from the Organization.

Form 990, Part IX, Line 24E

Printing 8803. 0. 0. 8803.

Form 990, Part IX, Line 24E

Supplies 1468. 1468. 0. 0.

Form 990, Part IX, Line 24E

Postage 2687. 1403. 137. 1147.

Form 990, Part IX, Line 24E

Other 2236. 1544. 692. 0.

Form 990, Part IX, Line 24E

Dues and Fees 3187. 0. 3187. 0.

Form 990, Part IX, Line 24E

Website 626. 0. 626. 0.

Form 990, Part IX, Line 24E

Courtesy Room 92. 92. 0. 0.

Form 990, Part IX, Line 24E

COVID Expenses 15000. 15000. 0. 0.

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0471954
IRS990/LandBldgEquipCostOrOtherBssAmt0890260
IRS990/LegalDomicileStateCd0VA
IRS990/LessRentalExpensesGrp/RealAmt01528
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Assists low-income families in Montgomery Couny, Virginia during the Christmas season by providing a shopping experience characterized by choice and dignity.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0899845
IRS990/NetAssetsOrFundBalancesEOYAmt01014533
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt018576
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt018576
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0396
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0898711
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01005576
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Christmas Store Goods
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc2Building Utilities
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32055
IRS990/OtherExpensesGrp/ProgramServicesAmt0230391
IRS990/OtherExpensesGrp/ProgramServicesAmt14194
IRS990/OtherExpensesGrp/ProgramServicesAmt26519
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0230391
IRS990/OtherExpensesGrp/TotalAmt14194
IRS990/OtherExpensesGrp/TotalAmt26519
IRS990/OtherExpensesGrp/TotalAmt32055
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01389
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01389
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt01389
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Pat Ballard
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0278631
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0441
IRS990/PYOtherExpensesAmt0314848
IRS990/PYOtherRevenueAmt033941
IRS990/PYRevenuesLessExpensesAmt0-1835
IRS990/PYTotalExpensesAmt0314848
IRS990/PYTotalRevenueAmt0313013
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0114292
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt018576
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0408277
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0278631
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0287000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0264251
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0229438
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01467597
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0764
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0441
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0397
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt027302
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt026979
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt055883
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt021493
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt036487
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt034315
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt092295
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0441
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0397
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt027302
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt026979
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt055883
IRS990ScheduleA/InvestmentIncomeCYPct00.03460
IRS990ScheduleA/InvestmentIncomePYPct00.05480
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.96540
IRS990ScheduleA/PublicSupportPY509Pct00.94520
IRS990ScheduleA/PublicSupportTotal509Amt01559892
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0429770
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0315118
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0321315
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0264251
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0229438
IRS990ScheduleA/Total509Grp/TotalAmt01559892
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01615775
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/BuildingsGrp/BookValueAmt0368994
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0414306
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0783300
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04000
IRS990ScheduleD/LandGrp/BookValueAmt0102960
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0102960
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0471954
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed by several of the board members before being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is available upon request from the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Printing 8803. 0. 0. 8803.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies 1468. 1468. 0. 0.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.25$0.09$1.16$0.49$0.45$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.18$0.06$1.12$0.44$0.45$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.04$1.14$0.43$0.38$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.13$0.05$1.08$0.40$0.33$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.06$1.01$0.43$0.31$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.92$0.02$0.90$0.31$0.31$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.93$0.02$0.90$0.32$0.29$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.90$0.03$0.87$0.29$0.27$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.04$0.85$0.26$0.29$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.26$0.30$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.03$0.92$0.27$0.28$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.93$0.26$0.25$0.02
2012Summary only. Only limited summary data is available for this year.$0.93$0.00$0.92$0.25$0.21$0.04
2011Summary only. Only limited summary data is available for this year.$0.90$0.01$0.89$0.19$0.21$0.02