Civic Intelligence

Rappahannock Foundation Inc.

990 • Fiscal year 2014 • EIN 54-1382320

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 06, 2014

PO Box 45922482

(804) 438-5555

Siviq Scores

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

Liabilities / Assets

81st percentile

0.19x

Higher debt load relative to assets than 81% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

0.40x

Higher debt load relative to revenue than 91% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

48th percentile

1.0%

Faster asset growth than 48% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

53rd percentile

3.8%

Faster revenue growth than 53% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$245,870

Up $2,388 (+1.0%) from 2013

Net Assets

Down

$198,870

Down $2,212 (-1.1%) from 2013

Liabilities

Up

$47,000

Up $4,600 (+11%) from 2013

Revenue

Up

$116,082

Up $4,232 (+3.8%) from 2013

Expenses

Up

$136,995

Up $28,087 (+26%) from 2013

Net Income

Down

-$20,913

Down $23,855 (-811%) from 2013

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $232,604Liabilities 2011: $44,875Net Assets 2011: $187,7292011Assets 2012: $225,804Liabilities 2012: $31,750Net Assets 2012: $194,0542012Assets 2013: $243,482Liabilities 2013: $42,400Net Assets 2013: $201,0822013Assets 2014: $245,870Liabilities 2014: $47,000Net Assets 2014: $198,8702014Assets 2015: $228,206Liabilities 2015: $28,500Net Assets 2015: $199,7062015Assets 2016: $236,007Liabilities 2016: $35,250Net Assets 2016: $200,7572016Assets 2017: $288,046Liabilities 2017: $43,9842017Assets 2018: $397,659Liabilities 2018: $115,3672018Assets 2019: $419,824Liabilities 2019: $71,895Net Assets 2019: $347,9292019Assets 2020: $449,926Liabilities 2020: $41,751Net Assets 2020: $408,1752020Assets 2021: $654,798Liabilities 2021: $138,226Net Assets 2021: $516,5722021Assets 2022: $580,083Liabilities 2022: $25,923Net Assets 2022: $554,1602022Assets 2023: $587,446Liabilities 2023: $1,727Net Assets 2023: $585,7192023Assets 2024: $768,584Liabilities 2024: $42,376Net Assets 2024: $726,2082024Assets 2025: $566,988Liabilities 2025: $29,478Net Assets 2025: $537,5102025

Highlighted filing

2014

Assets$245,870
Liabilities$47,000
Net Assets$198,870

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2011: $49,331Expenses 2011: $49,129Net Income 2011: $2022011Revenue 2012: $105,326Expenses 2012: $102,995Net Income 2012: $2,3312012Revenue 2013: $111,850Expenses 2013: $108,908Net Income 2013: $2,9422013Revenue 2014: $116,082Expenses 2014: $136,995Net Income 2014: -$20,9132014Revenue 2015: $119,390Expenses 2015: $121,108Net Income 2015: -$1,7182015Revenue 2016: $140,708Expenses 2016: $138,643Net Income 2016: $2,0652016Revenue 2017: $124,891Expenses 2017: $81,586Net Income 2017: $43,3052017Revenue 2018: $164,956Expenses 2018: $126,724Net Income 2018: $38,2322018Revenue 2019: $224,724Expenses 2019: $188,409Net Income 2019: $36,3152019Revenue 2020: $143,058Expenses 2020: $82,046Net Income 2020: $61,0122020Revenue 2021: $141,786Expenses 2021: $37,264Net Income 2021: $104,5222021Revenue 2022: $268,546Expenses 2022: $175,844Net Income 2022: $92,7022022Revenue 2023: $147,089Expenses 2023: $150,069Net Income 2023: -$2,9802023Revenue 2024: $324,027Expenses 2024: $121,008Net Income 2024: $203,0192024Revenue 2025: $339,733Expenses 2025: $548,748Net Income 2025: -$209,0152025

Highlighted filing

2014

Revenue$116,082
Expenses$136,995
Net Income-$20,913
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 6, 2014
Return Version
2013v3.1
Gross Receipts
$116,082
Mission and Program Overview

Mission

The foundation brings various music activities to the general public that are educational and entertaining. We also stage productions to secondary and high school education programs.

Provides opportunities to residents of the lower Northern Neck of Virginia, and its surrounding areas, to experience a variety of performing and visual arts activities that support and enhance the area's educational and cultural pursuits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$97,736$203,857▲ $106,121
Rtn Earn Endowment Incm Other Fnds$201,082$198,870▼ $2,212
Land, Buildings, and Equipment, Net$9,912$21,826▲ $11,914
Savings and Temporary Cash Investments$126,531$13,335▼ $113,196
Intangible Assets$9,305$6,854▼ $2,451
Cash and Non-Interest-Bearing Accounts$-2$-2→ $0
Total Assets$243,482$245,870▲ $2,388
Liabilities
Other Liabilities$42,400$47,000▲ $4,600
Total Liabilities$42,400$47,000▲ $4,600
Net Assets / Fund Balance
Total Net Assets Fund Balance$201,082$198,870▼ $2,212
Total Liabilities and Net Assets / Fund Balance$243,482$245,870▲ $2,388

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,826$5,553$27,379
Compensation and Service Providers

Board Members and Trustees

NameTitle
Loretta L WarrenPresident
Blaine LinerVice President
Kathryn WainscottVice President
Lisa ShiversVice President
Micki PughVice President
Frank H MillerDirector
Liliane MerrillDirector
Lucy SchneiderDirector
Michael S KennedyDirector
Robert Mason JrDirector
Robin BlakeDirector
John CannTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$40,320
Program Service Revenue
$71,733
Investment Income
$4,029
Other Revenue
$0
All Other Contributions
$29,245
Change in Net Assets
$-20,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$120,970
Grants and Similar Amounts Paid$15,950
Professional Fundraising Fees$75
Total Fundraising Expense$75
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$15,950--$15,950
Fees for Services Management$10,670$4,574$0$15,244
Information Technology$6,304$2,702$0$9,006
Other Expenses$7,634$0$0$7,634
Depreciation Depletion$5,779$0$0$5,779
Office Expenses$2,764$1,186$0$3,950
Fees for Service Investment Mgmnt Fees$0$1,794$0$1,794
Advertising$1,052$451$0$1,503
Occupancy$450$450$0$900
Insurance$506$217$0$723
Conferences and Meetings$324$0$0$324
Fees for Services Professional Fundraising--$75$75
Total Functional Expenses$125,546$11,374$75$136,995
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$75
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits on contracts$47,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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
Filing and Contact Details

Filer

EIN
54-1382320
Phone
8044385555

Signing Officer

Name
Loretta Warren
Title
President
Phone
8044385555
Signed
2014-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Loretta Warren
Formed
1986
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
15

Preparer

Preparer
John D Cann
Phone
8044352977
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A copy of Form 990 is provided each board member, and the form is reviewed at a board meeting prior to submission.

Pt VI, Line 12C

Conflict of interest determination is made by unconnected board members separate from any potentially conflicted member.

Pt VI, Line 15A

No board members receive compensation

Pt VI, Line 15B

No corporate officers receive compensation.

Pt VI, Line 19

Governing documents are maintained at corporate office and are included in the officers' policy manuals.

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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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IRS990/OtherExpensesGrp/ProgramServicesAmt1852
IRS990/OtherExpensesGrp/ProgramServicesAmt2271
IRS990/OtherExpensesGrp/ProgramServicesAmt37634
IRS990/OtherExpensesGrp/TotalAmt072990
IRS990/OtherExpensesGrp/TotalAmt1852
IRS990/OtherExpensesGrp/TotalAmt2271
IRS990/OtherExpensesGrp/TotalAmt37634
IRS990/OtherLiabilitiesGrp/BOYAmt042400
IRS990/OtherLiabilitiesGrp/EOYAmt047000
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LORETTA WARREN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711190
IRS990/ProgramServiceRevenueGrp/BusinessCd1711190
IRS990/ProgramServiceRevenueGrp/BusinessCd2711190
IRS990/ProgramServiceRevenueGrp/BusinessCd3711190
IRS990/ProgramServiceRevenueGrp/BusinessCd4711190
IRS990/ProgramServiceRevenueGrp/Desc0On Stage Ticket Sales
IRS990/ProgramServiceRevenueGrp/Desc1On Stage Individual Program
IRS990/ProgramServiceRevenueGrp/Desc2On Stage CC Sales
IRS990/ProgramServiceRevenueGrp/Desc3On Stage Program Sponsorship
IRS990/ProgramServiceRevenueGrp/Desc4On Stage Program Advertising
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033410
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114763
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt212850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44210
IRS990/ProgSrvcAccomActy2Grp/Desc0THE RAPPAHANNOCK FOUNDATION MADE GRANTS TO AREA ORGANIZATIONS THAT SUPPORT THE PERFORMING ARTS. THIRTEEN GRANTS WERE MADE DURING THE FISCAL YEAR. APPROXIMATELY 9,600 PERSONS ATTENDED THE PERFORMANCES MADE POSSIBLE BY THESE GRANTS, AND ANOTHER 1,912 PERSONS PERFORMED AT THEM. THESE PRODUCTIONS INCLUDED MUSIC, VISUAL ARTS,AND DRAMA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015950
IRS990/ProgSrvcAccomActy2Grp/GrantAmt015950
IRS990/ProgSrvcAccomActy3Grp/Desc0THE RAPPAHANNOCK FOUNDATION FOR THE ARTS PRODUCED AND PRESENTED ARTS GROUPS WHO ENRICHED THE LOCAL COMMUNITY SECONDARY SCHOOLS EDUCATION PROGRAMS. DURING THE FISCAL YEAR, TEN SHOWS WERE STAGED FOR FOR APPROXIMATELY 4,000 STUDENTS. AGE-APPROPRIATE ARTISTS PERFORMED DRAMA AND HISTORICAL EVENT RECOUNTING, INTRODUCED SPANISH CULTURE AND DANCE, AND PERFORMED SEVERAL DIFFERENT MUSIC STYLES. THESE SHOWS WERE DESIGNED TO REINFORCE THE STATE EDUCATIONAL STANDARDS OF LEARNING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07634
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt034060
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt023795
IRS990/PYInvestmentIncomeAmt09444
IRS990/PYOtherExpensesAmt085113
IRS990/PYProgramServiceRevenueAmt068346
IRS990/PYRevenuesLessExpensesAmt02942
IRS990/PYTotalExpensesAmt0108908
IRS990/PYTotalRevenueAmt0111850
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-20913
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt071733
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0201082
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0198870
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0126531
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013335
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt040320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt034606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt036305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt033122
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt027144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0171497
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04163
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03659
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03071
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02349
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt017271
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90850
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0171497
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt040320
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt034606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt036305
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt033122
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt027144
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0171497
IRS990ScheduleA/TotalSupportAmt0188768
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt021826
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05553
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027379
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt047000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deposits on contracts
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021826
IRS990ScheduleD/TotalLiabilityAmt047000
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grant recipients are required to prepare and submit an evaluation of the performance supported by the grant.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of Form 990 is provided each board member, and the form is reviewed at a board meeting prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflict of interest determination is made by unconnected board members separate from any potentially conflicted member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No board members receive compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No corporate officers receive compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents are maintained at corporate office and are included in the officers' policy manuals.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0243482
IRS990/TotalAssetsEOYAmt0245870
IRS990/TotalAssetsGrp/BOYAmt0243482
IRS990/TotalAssetsGrp/EOYAmt0245870
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt040320
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt075
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011374
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0125546
IRS990/TotalFunctionalExpensesGrp/TotalAmt0136995
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt042400
IRS990/TotalLiabilitiesEOYAmt047000
IRS990/TotalLiabilitiesGrp/BOYAmt042400
IRS990/TotalLiabilitiesGrp/EOYAmt047000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0201082
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0198870
IRS990/TotalProgramServiceExpensesAmt0125546
IRS990/TotalProgramServiceRevenueAmt071733
IRS990/TotalRevenueGrp/ExclusionAmt04029

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$0.29$5.38$3.40$5.49$2.09
2024Detailed filing. Detailed filing data is available for this year.$7.69$0.42$7.26$3.24$1.21$2.03
2023Detailed filing. Detailed filing data is available for this year.$5.87$0.02$5.86$1.47$1.50$0.03
2022Detailed filing. Detailed filing data is available for this year.$5.80$0.26$5.54$2.69$1.76$0.93
2021Detailed filing. Detailed filing data is available for this year.$6.55$1.38$5.17$1.42$0.37$1.05
2020Detailed filing. Detailed filing data is available for this year.$4.50$0.42$4.08$1.43$0.82$0.61
2019Detailed filing. Detailed filing data is available for this year.$4.20$0.72$3.48$2.25$1.88$0.36
2018Summary only. Only limited summary data is available for this year.$3.98$1.15$1.65$1.27$0.38
2017Summary only. Only limited summary data is available for this year.$2.88$0.44$1.25$0.82$0.43
2016Detailed filing. Detailed filing data is available for this year.$2.36$0.35$2.01$1.41$1.39$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.28$0.29$2.00$1.19$1.21$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.46$0.47$1.99$1.16$1.37$0.21
2013Summary only. Only limited summary data is available for this year.$2.43$0.42$2.01$1.12$1.09$0.03
2012Summary only. Only limited summary data is available for this year.$2.26$0.32$1.94$1.05$1.03$0.02
2011Summary only. Only limited summary data is available for this year.$2.33$0.45$1.88$0.49$0.49$0.00