Civic Intelligence

Mbc Development Corporation

EIN 54-1392857 • Christiansburg, VA

755 Roanoke StreetChristiansburg, VA 24073
Siviq Scores

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

Liabilities / Assets

64th percentile

0.00x

Higher debt load relative to assets than 64% of similar nonprofits.

<$500k nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.01x

Higher debt load relative to revenue than 74% of similar nonprofits.

<$500k nonprofits • Source year 2024

Net Margin

90th percentile

54%

Higher net margin than 90% of similar nonprofits.

<$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

<$500k nonprofits • Source year 2024

Asset Growth

60th percentile

2.0%

Faster asset growth than 60% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

57%

Faster revenue growth than 85% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$352,812

Up $6,815 (+2.0%) from 2023

Liabilities

Up

$173

Up $63 (+57%) from 2023

Net Assets

Up

$352,639

Up $6,752 (+2.0%) from 2023

Operations
Liabilities / Revenue74th percentileNet Margin90th percentile

Revenue

Up

$12,446

Up $4,521 (+57%) from 2023

Expenses

Up

$5,694

Up $130 (+2.3%) from 2023

Net Income

Up

$6,752

Up $4,391 (+186%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

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

$400K$300K$200K$100K$0Assets 2011: $319,605Liabilities 2011: $2742011Assets 2012: $327,978Liabilities 2012: $1752012Assets 2013: $330,359Liabilities 2013: $432013Assets 2014: $333,236Liabilities 2014: $382014Assets 2015: $338,822Liabilities 2015: $5,0642015Assets 2016: $340,301Liabilities 2016: $1102016Assets 2020: $351,943Liabilities 2020: $1522020Assets 2021: $351,930Liabilities 2021: $5,893Net Assets 2021: $346,0372021Assets 2022: $343,573Liabilities 2022: $47Net Assets 2022: $343,5262022Assets 2023: $345,997Liabilities 2023: $110Net Assets 2023: $345,8872023Assets 2024: $352,812Liabilities 2024: $173Net Assets 2024: $352,6392024

Highlighted filing

2024

Assets$352,812
Liabilities$173
Net Assets$352,639
Open 2024 Filing

Operations Trend

Revenue Growth85th percentile

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

$15K$10K$5.0K$0-$5.0K-$10KRevenue 2011: $5,755Expenses 2011: $2,901Net Income 2011: $2,8542011Revenue 2012: $11,224Expenses 2012: $2,752Net Income 2012: $8,4722012Revenue 2013: $5,191Expenses 2013: $2,678Net Income 2013: $2,5132013Revenue 2014: $3,788Expenses 2014: $906Net Income 2014: $2,8822014Revenue 2015: $6,405Expenses 2015: $5,845Net Income 2015: $5602015Revenue 2016: $10,475Expenses 2016: $4,042Net Income 2016: $6,4332016Revenue 2020: $7,594Expenses 2020: $3,971Net Income 2020: $3,6232020Revenue 2021: $4,504Expenses 2021: $10,258Net Income 2021: -$5,7542021Revenue 2022: $3,394Expenses 2022: $5,905Net Income 2022: -$2,5112022Revenue 2023: $7,925Expenses 2023: $5,564Net Income 2023: $2,3612023Revenue 2024: $12,446Expenses 2024: $5,694Net Income 2024: $6,7522024

Highlighted filing

2024

Revenue$12,446
Expenses$5,694
Net Income$6,752
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$352,812
Liabilities
$173
Net assets
$352,639
Revenue
$12,446
Expenses
$5,694
Net income
$6,752
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.53$0.00$3.53$0.12$0.06$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.46$0.00$3.46$0.08$0.06$0.02
2022Detailed filing. Detailed filing data is available for this year.$3.44$0.00$3.44$0.03$0.06$0.03
2021Detailed filing. Detailed filing data is available for this year.$3.52$0.06$3.46$0.05$0.10$0.06
2020Summary only. Only limited summary data is available for this year.$3.52$0.00$0.08$0.04$0.04
2016Summary only. Only limited summary data is available for this year.$3.40$0.00$0.10$0.04$0.06
2015Summary only. Only limited summary data is available for this year.$3.39$0.05$0.06$0.06$0.01
2014Summary only. Only limited summary data is available for this year.$3.33$0.00$0.04$0.01$0.03
2013Summary only. Only limited summary data is available for this year.$3.30$0.00$0.05$0.03$0.03
2012Summary only. Only limited summary data is available for this year.$3.28$0.00$0.11$0.03$0.08
2011Summary only. Only limited summary data is available for this year.$3.20$0.00$0.06$0.03$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 11, 2024
Return Version
2023v5.1
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOM VIAPresident-$0--
BRAD DENARDOVice President-$0--
BRENDA RIGNEYSecretary/TreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Mbc Development Corporation
EIN
54-1392857
Phone
5403826960
Address
755 ROANOKE STREET, CHRISTIANSBURG, VA 24073

Signing Officer

Name
Brenda Rigney
Title
Secretary/treasurer
Phone
5403826960
Signed
2024-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Brown Edwards & Company Llp
Address
3906 ELECTRIC ROAD, ROANOKE, VA 24018
Preparer
Jeffrey G Barbour
Phone
5403450936
Raw XML Appendix281 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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AppliedToPriorYearElection/ElectionDesc0MBC DEVELOPMENT CORPORATION HEREBY ELECTS TO APPLY $19,585 OF QUALIFIED DISTRIBUTIONS FOR TAX YEAR 2021 FROM PART XII, LINE 4 TO UNDISTRIBUTED INCOME OF PRIOR YEARS UNDER REGULATIONS SECTION 53.4942(A)-3(D)(2).
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0VA
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd024073
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0LOCATED IN MONTGOMERY COUNTY, TOWN OF BLACKSBURG, TOWN OF CHRISTIANSBURG, VA. CANNOT BE A GENERAL RETAIL TRADE BUSINESS.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0NONE
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt018072
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt0112622
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt062822
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0130694
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt00
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt044750
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt0112622
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0MISCELLANEOUS
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0198
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0198
OtherIncomeSchedule2/OtherIncomeDetail/Desc0LOAN INTEREST
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt09289
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt09289
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENDA RIGNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05403826960
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MBC DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MBCD
ReturnHeader/Filer/EIN0541392857
ReturnHeader/Filer/PhoneNum05403826960
ReturnHeader/Filer/USAddress/AddressLine1Txt0755 ROANOKE STREET
ReturnHeader/Filer/USAddress/CityNm0CHRISTIANSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024073
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0540504608
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROWN EDWARDS & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03906 ELECTRIC ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROANOKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024018
ReturnHeader/PreparerPersonGrp/PhoneNum05403450936
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY G BARBOUR
ReturnHeader/ReturnTs02024-11-11T11:06:50-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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