Civic Intelligence

Boyd Tavern Foundation

990 • Fiscal year 2019 • EIN 54-1411256

Jan 01, 2019 to Dec 31, 2019 • Filed on May 07, 2020

PO Box 183Boydton, VA 23917

(434) 374-8127

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

4th percentile

-68%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

28th percentile

-3.6%

Faster asset growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

32%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$567,556

Down $20,909 (-3.6%) from 2018

Net Assets

Down

$567,556

Down $20,909 (-3.6%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$30,969

Up $7,576 (+32%) from 2018

Expenses

Up

$51,879

Up $16,680 (+47%) from 2018

Net Income

Down

-$20,910

Down $9,104 (-77%) from 2018

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: $720,237Liabilities 2011: $0Net Assets 2011: $720,2372011Assets 2012: $708,737Liabilities 2012: $0Net Assets 2012: $708,7372012Assets 2013: $695,550Liabilities 2013: $0Net Assets 2013: $695,5502013Assets 2014: $666,053Liabilities 2014: $0Net Assets 2014: $666,0532014Assets 2015: $641,911Liabilities 2015: $0Net Assets 2015: $641,9112015Assets 2016: $628,976Liabilities 2016: $0Net Assets 2016: $628,9762016Assets 2017: $600,271Liabilities 2017: $0Net Assets 2017: $600,2712017Assets 2018: $588,465Liabilities 2018: $0Net Assets 2018: $588,4652018Assets 2019: $567,556Liabilities 2019: $0Net Assets 2019: $567,5562019Assets 2020: $574,847Liabilities 2020: $0Net Assets 2020: $574,8472020Assets 2021: $510,305Liabilities 2021: $0Net Assets 2021: $510,3052021Assets 2022: $503,390Liabilities 2022: $0Net Assets 2022: $503,3902022Assets 2023: $476,767Liabilities 2023: $0Net Assets 2023: $476,7672023Assets 2024: $490,021Liabilities 2024: $0Net Assets 2024: $490,0212024

Highlighted filing

2019

Assets$567,556
Liabilities$0
Net Assets$567,556

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2011: $26,961Expenses 2011: $64,393Net Income 2011: -$37,4322011Revenue 2012: $28,527Expenses 2012: $40,027Net Income 2012: -$11,5002012Revenue 2013: $25,323Expenses 2013: $38,512Net Income 2013: -$13,1892013Revenue 2014: $19,937Expenses 2014: $49,435Net Income 2014: -$29,4982014Revenue 2015: $19,731Expenses 2015: $43,873Net Income 2015: -$24,1422015Revenue 2016: $33,591Expenses 2016: $46,526Net Income 2016: -$12,9352016Revenue 2017: $22,772Expenses 2017: $49,852Net Income 2017: -$27,0802017Revenue 2018: $23,393Expenses 2018: $35,199Net Income 2018: -$11,8062018Revenue 2019: $30,969Expenses 2019: $51,879Net Income 2019: -$20,9102019Revenue 2020: $44,318Expenses 2020: $37,028Net Income 2020: $7,2902020Revenue 2021: $23,011Expenses 2021: $87,553Net Income 2021: -$64,5422021Revenue 2022: $35,982Expenses 2022: $42,897Net Income 2022: -$6,9152022Revenue 2023: $20,657Expenses 2023: $47,280Net Income 2023: -$26,6232023Revenue 2024: $57,569Expenses 2024: $38,341Net Income 2024: $19,2282024

Highlighted filing

2019

Revenue$30,969
Expenses$51,879
Net Income-$20,910
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 7, 2020
Return Version
2019v5.0
Gross Receipts
$30,969
Mission and Program Overview

Mission

Restoration of boyd tavern-a local historic landmark. Additionally, the foundation distributes educational material related to the historic significance of the area surrounding the community of boydton.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$548,186$526,482▼ $21,704
Cash and Non-Interest-Bearing Accounts$22,213$22,102▼ $111
Savings and Temporary Cash Investments$18,066$18,072▲ $6
Total Assets$588,465$567,556▼ $20,909
Other Assets Total-$900-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$588,465$567,556▼ $20,909
Total Net Assets Fund Balance$588,465$567,556▼ $20,909
Total Liabilities and Net Assets / Fund Balance$588,465$567,556▼ $20,909

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$887,808-$887,808
Land$40,367-$40,367
Other Land Buildings$-494,511$494,511-
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$19,430
Program Service Revenue
$11,534
Investment Income
$5
Other Revenue
$0
All Other Contributions
$19,430
Change in Net Assets
$-20,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,879
Total Fundraising Expense$1,458
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$21,702--$21,702
Occupancy$15,230--$15,230
Insurance$2,415--$2,415
All Other Expenses$494$55$400$949
Other Expenses$768-$1,058$768
Fees for Services Accounting$525--$525
Office Expenses$428--$428
Advertising$180--$180
Total Functional Expenses$50,366$55$1,458$51,879
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
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

Governance Explanations

Form 990, Page 6, Part VI, Line 2

L. Jackson hite carolyn k. Hite director treasurer husband & wife alexander rawles robin rawles director secretary son & mother harold r. Gielow elizabeth b. Gielow president director husband & wife

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Boyd Tavern Foundation
EIN
54-1411256
Phone
4343748127
Address
PO BOX 183, BOYDTON, VA 23917

Signing Officer

Name
Carolyn K Hite
Title
Treasurer
Phone
4343748127
Signed
2020-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harold R Gielow
Formed
1987
Voting Board Members
17
Independent Board Members
17
Employees
0

Preparer

Firm
Creedle Jones & Associates Pc
Address
828 N MECKLENBURG AVE, SOUTH HILL, VA 23970
Preparer
Robin B Jones
Phone
4344477111
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Restoration of boyd tavern-a local historic landmark. Additionally, the foundation distributes educational material related to the historic significance of the area surrounding the community of boydton.

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

The foundation is currently involved in the restoration of the boyd tavern, which is a historic landmark in the town of boydton, virginia.

Form 990, Part XI, Line 9

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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt018066
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018072
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt018920
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt013359
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt024369
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010775
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt086853
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03573
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0222
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0399
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04574
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt03406
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt03406
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96410
IRS990ScheduleA/PublicSupportPY509Pct00.96090
IRS990ScheduleA/PublicSupportTotal509Amt091427
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt024591
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt011174
IRS990ScheduleA/Total509Grp/TotalAmt091427
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt024591
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt011174
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt094833
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0887808
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0887808
IRS990ScheduleD/LandGrp/BookValueAmt040367
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040367
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-494511
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0494511
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0433664
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RESTORATION OF BOYD TAVERN-A LOCAL HISTORIC LANDMARK. ADDITIONALLY, THE FOUNDATION DISTRIBUTES EDUCATIONAL MATERIAL RELATED TO THE HISTORIC SIGNIFICANCE OF THE AREA SURROUNDING THE COMMUNITY OF BOYDTON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS CURRENTLY INVOLVED IN THE RESTORATION OF THE BOYD TAVERN, WHICH IS A HISTORIC LANDMARK IN THE TOWN OF BOYDTON, VIRGINIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2L. JACKSON HITE CAROLYN K. HITE DIRECTOR TREASURER HUSBAND & WIFE ALEXANDER RAWLES ROBIN RAWLES DIRECTOR SECRETARY SON & MOTHER HAROLD R. GIELOW ELIZABETH B. GIELOW PRESIDENT DIRECTOR HUSBAND & WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/TotalAmt051879
IRS990/TotalGrossUBIAmt07966
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt030969
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt07966
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0588465
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0567556
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/USAddress/AddressLine1Txt03006 TROTTINGRIDGE RD
IRS990/USAddress/CityNm0CLARKSVILLE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023927
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0WWW.BOYDTAVERN.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROLYN K HITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04343748127
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOYD TAVERN FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BOYD
ReturnHeader/Filer/EIN0541411256
ReturnHeader/Filer/PhoneNum04343748127
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 183
ReturnHeader/Filer/USAddress/CityNm0BOYDTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D9FE21AD5D7B82B101CE1C9B60AAF7E7EC36F38E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07E2101875DF7591DF0D12D3B06B4D239DFB71DBB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$0.00$4.90$0.58$0.38$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.77$0.00$4.77$0.21$0.47$0.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.03$0.00$5.03$0.36$0.43$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.10$0.00$5.10$0.23$0.88$0.65
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.75$0.00$5.75$0.44$0.37$0.07
2019Detailed filing. Detailed filing data is available for this year.$5.68$0.00$5.68$0.31$0.52$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.88$0.00$5.88$0.23$0.35$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.00$0.00$6.00$0.23$0.50$0.27
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.29$0.00$6.29$0.34$0.47$0.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.42$0.00$6.42$0.20$0.44$0.24
2014Detailed filing. Detailed filing data is available for this year.$6.66$0.00$6.66$0.20$0.49$0.29
2013Summary only. Only limited summary data is available for this year.$6.96$0.00$6.96$0.25$0.39$0.13
2012Summary only. Only limited summary data is available for this year.$7.09$0.00$7.09$0.29$0.40$0.12
2011Summary only. Only limited summary data is available for this year.$7.20$0.00$7.20$0.27$0.64$0.37