Civic Intelligence

Sma Foundation Inc.

990 • Fiscal year 2021 • EIN 54-1442734

Sep 01, 2020 to Aug 31, 2021 • Filed on Dec 10, 2021

PO Box 958Staunton, VA 24402-0958

(540) 885-1309

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

38th percentile

0.01x

Higher debt load relative to revenue than 38% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

85th percentile

47%

Higher net margin than 85% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

53rd percentile

11%

Faster asset growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

71st percentile

43%

Faster revenue growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$695,142

Up $69,649 (+11%) from 2020

Net Assets

Up

$694,173

Up $69,793 (+11%) from 2020

Liabilities

Down

$969

Down $144 (-13%) from 2020

Revenue

Up

$148,633

Up $44,765 (+43%) from 2020

Expenses

Down

$78,840

Down $10,165 (-11%) from 2020

Net Income

Up

$69,793

Up $54,930 (+370%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $243,100Liabilities 2010: $1,243Net Assets 2010: $241,8572010Assets 2011: $256,834Net Assets 2011: $256,8342011Assets 2012: $316,761Net Assets 2012: $316,7612012Assets 2013: $384,439Net Assets 2013: $384,4392013Assets 2014: $437,349Net Assets 2014: $437,3492014Assets 2015: $460,368Liabilities 2015: $380Net Assets 2015: $459,9882015Assets 2016: $471,400Liabilities 2016: $1,224Net Assets 2016: $470,1762016Assets 2017: $586,207Liabilities 2017: $1,076Net Assets 2017: $585,1312017Assets 2018: $618,942Liabilities 2018: $1,099Net Assets 2018: $617,8432018Assets 2019: $610,754Liabilities 2019: $1,237Net Assets 2019: $609,5172019Assets 2020: $625,493Liabilities 2020: $1,113Net Assets 2020: $624,3802020Assets 2021: $695,142Liabilities 2021: $969Net Assets 2021: $694,1732021Assets 2022: $734,347Liabilities 2022: $566Net Assets 2022: $733,7812022Assets 2023: $711,523Liabilities 2023: $1,389Net Assets 2023: $710,1342023Assets 2024: $712,740Liabilities 2024: $1,160Net Assets 2024: $711,5802024Assets 2025: $651,518Liabilities 2025: $886Net Assets 2025: $650,6322025

Highlighted filing

2021

Assets$695,142
Liabilities$969
Net Assets$694,173

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $49,858Expenses 2010: $45,966Net Income 2010: $3,8922010Revenue 2011: $83,997Expenses 2011: $84,402Net Income 2011: -$4052011Revenue 2012: $93,627Expenses 2012: $35,013Net Income 2012: $58,6142012Revenue 2013: $118,371Expenses 2013: $49,475Net Income 2013: $68,8962013Revenue 2014: $91,653Expenses 2014: $57,487Net Income 2014: $34,1662014Revenue 2015: $133,887Expenses 2015: $93,824Net Income 2015: $40,0632015Revenue 2016: $113,564Expenses 2016: $95,945Net Income 2016: $17,6192016Revenue 2017: $181,433Expenses 2017: $108,175Net Income 2017: $73,2582017Revenue 2018: $98,190Expenses 2018: $99,580Net Income 2018: -$1,3902018Revenue 2019: $103,134Expenses 2019: $95,187Net Income 2019: $7,9472019Revenue 2020: $103,868Expenses 2020: $89,005Net Income 2020: $14,8632020Revenue 2021: $148,633Expenses 2021: $78,840Net Income 2021: $69,7932021Revenue 2022: $122,814Expenses 2022: $83,206Net Income 2022: $39,6082022Revenue 2023: $169,916Expenses 2023: $168,114Net Income 2023: $1,8022023Revenue 2024: $128,447Expenses 2024: $136,285Net Income 2024: -$7,8382024Revenue 2025: $116,158Expenses 2025: $174,919Net Income 2025: -$58,7612025

Highlighted filing

2021

Revenue$148,633
Expenses$78,840
Net Income$69,793
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Dec 10, 2021
Return Version
2020v4.0
Gross Receipts
$157,902
Mission and Program Overview

Mission

Support of military school education and preservation of history of staunton military academy

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$95,816$355,784▲ $259,968
Savings and Temporary Cash Investments$507,681$325,523▼ $182,158
Inventories for Sale or Use$9,051$8,237▼ $814
Land, Buildings, and Equipment, Net$12,677$5,330▼ $7,347
Other Notes and Loans Receivable, Net$268$268→ $0
Total Assets$625,493$695,142▲ $69,649
Liabilities
Other Liabilities$1,113$969▼ $144
Total Liabilities$1,113$969▼ $144
Net Assets / Fund Balance
Net Assets With Donor Restrictions$539,679$600,439▲ $60,760
Net Assets Without Donor Restrictions$84,701$93,734▲ $9,033
Total Net Assets Fund Balance$624,380$694,173▲ $69,793
Total Liabilities and Net Assets / Fund Balance$625,493$695,142▲ $69,649

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,330$235,279$240,609
Equipment-$38,285$38,285
Other Land Buildings-$1,833$1,833
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$131,901
Program Service Revenue
$0
Investment Income
$10,699
Other Revenue
$6,033
All Other Contributions
$131,901
Change in Net Assets
$69,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$36,300
Other Expenses$23,540
Grants and Similar Amounts Paid$19,000
Total Fundraising Expense$1,769
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,735$16,735-$33,470
Grants to Domestic Orgs$11,000--$11,000
Grants to Domestic Individuals$8,000--$8,000
Depreciation Depletion$7,346--$7,346
All Other Expenses$764$3,726$1,769$6,259
Fees for Services Accounting-$3,906-$3,906
Payroll Taxes$1,302$1,528-$2,830
Other Expenses$2,232$1,102-$1,102
Total Functional Expenses$47,379$29,692$1,769$78,840
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Vwil Mary Baldin UniversityStaunton, VA3Scholarships$11,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,360
Fundraising Direct Expenses$8,346
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
Fica Payable$472
State Taxes W/h Payable$228
Federal Taxes W/h Payable$183
Futa Payable$84
State Unemployment Payable$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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

Governance Explanations

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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Sma Foundation Inc
EIN
54-1442734
Phone
5408851309
Address
PO BOX 958, STAUNTON, VA 24402-0958

Signing Officer

Name
Peter Birckhead
Title
Treasurer
Phone
5408851309
Signed
2021-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Birckhead
Voting Board Members
21
Independent Board Members
21
Employees
2
Volunteers
1

Preparer

Firm
White Withers Masincup & Cannaday Pc
Address
PO BOX 1048, STAUNTON, VA 24402-1048
Preparer
Robert W Masincup
Phone
5408858123
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Net unrealized gain (loss) 0

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt05330
IRS990/LandBldgEquipCostOrOtherBssAmt0280727
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SUPPORT OF MILITARY SCHOOL EDUCATION AND PRESERVATION OF HISTORY OF STAUNTON MILITARY ACADEMY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0624380
IRS990/NetAssetsOrFundBalancesEOYAmt0694173
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt05014
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05014
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01019
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01019
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt084701
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt093734
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PRINTING NEWLETTER
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2INSURANCE D&O
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01431
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11264
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21102
IRS990/OtherExpensesGrp/ProgramServicesAmt02232
IRS990/OtherExpensesGrp/TotalAmt02232
IRS990/OtherExpensesGrp/TotalAmt11431
IRS990/OtherExpensesGrp/TotalAmt21264
IRS990/OtherExpensesGrp/TotalAmt31102
IRS990/OtherLiabilitiesGrp/BOYAmt01113
IRS990/OtherLiabilitiesGrp/EOYAmt0969
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016735
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016735
IRS990/OtherSalariesAndWagesGrp/TotalAmt033470
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0268
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0268
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01528
IRS990/PayrollTaxesGrp/ProgramServicesAmt01302
IRS990/PayrollTaxesGrp/TotalAmt02830
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PETER BIRCKHEAD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORT OF MILITARY EDUCATION BY RAISING FUNDS AND CONTRIBUTING TO THE SCHOLARSHIP PROGRAM AT MARY BALDWIN UNIVERSITY FOR THE VIRGINIA WOMEN'S INSTITUTE FOR LEADERSHIP.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt021835
IRS990/ProgSrvcAccomActy2Grp/GrantAmt019000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt084645
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt024000
IRS990/PYInvestmentIncomeAmt013184
IRS990/PYOtherExpensesAmt027886
IRS990/PYOtherRevenueAmt06039
IRS990/PYRevenuesLessExpensesAmt014863
IRS990/PYSalariesCompEmpBnftPaidAmt037119
IRS990/PYTotalExpensesAmt089005
IRS990/PYTotalRevenueAmt0103868
IRS990/ReconcilationRevenueExpnssAmt069793
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0507681
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0325523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0131901
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt084645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt086739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt083572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0185310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0572167
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010699
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013184
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05693
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0260
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0164
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt030000
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt016025
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91170
IRS990ScheduleA/PublicSupportPY170Pct00.92560
IRS990ScheduleA/PublicSupportTotal170Amt0572167
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0131901
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt084645
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt086739
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt083572
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0185310
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0572167
IRS990ScheduleA/TotalSupportAmt0627569
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt04014
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt04905
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt07395
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt09088
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt025402
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/BookValueAmt05330
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0235279
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0240609
IRS990ScheduleD/EquipmentGrp/DepreciationAmt038285
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038285
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01833
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01833
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1228
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2183
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt384
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt42
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FICA PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1STATE TAXES W/H PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2FEDERAL TAXES W/H PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3FUTA PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4STATE UNEMPLOYMENT PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05330
IRS990ScheduleD/TotalLiabilityAmt0969
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS PAID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/RecipientTable/CashGrantAmt011000
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VWIL MARY BALDIN UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0VA WOMEN'S LEASDERSHIP INSTITURE
IRS990ScheduleI/RecipientTable/RecipientEIN0540506319
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0318 PROSPECT ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0STAUNTON

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.$6.52$0.01$6.51$1.16$1.75$0.59
2024Detailed filing. Detailed filing data is available for this year.$7.13$0.01$7.12$1.28$1.36$0.08
2023Detailed filing. Detailed filing data is available for this year.$7.12$0.01$7.10$1.70$1.68$0.02
2022Detailed filing. Detailed filing data is available for this year.$7.34$0.01$7.34$1.23$0.83$0.40
2021Detailed filing. Detailed filing data is available for this year.$6.95$0.01$6.94$1.49$0.79$0.70
2020Detailed filing. Detailed filing data is available for this year.$6.25$0.01$6.24$1.04$0.89$0.15
2019Detailed filing. Detailed filing data is available for this year.$6.11$0.01$6.10$1.03$0.95$0.08
2018Detailed filing. Detailed filing data is available for this year.$6.19$0.01$6.18$0.98$1.00$0.01
2017Detailed filing. Detailed filing data is available for this year.$5.86$0.01$5.85$1.81$1.08$0.73
2016Detailed filing. Detailed filing data is available for this year.$4.71$0.01$4.70$1.14$0.96$0.18
2015Detailed filing. Detailed filing data is available for this year.$4.60$0.00$4.60$1.34$0.94$0.40
2014Detailed filing. Detailed filing data is available for this year.$4.37$4.37$0.92$0.57$0.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$3.84$1.18$0.49$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$3.17$0.94$0.35$0.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$2.57$0.84$0.84$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.01$2.42$0.50$0.46$0.04