Civic Intelligence

Historic Smithfield Inc

990EZ • Fiscal year 2016 • EIN 54-1478055

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 13, 2017

PO Box 102Smithfield, VA 23431

(757) 869-7968

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

12th percentile

-30%

Higher net margin than 12% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

39th percentile

-2.9%

Faster asset growth than 39% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-63%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$451,062

Down $13,459 (-2.9%) from 2015

Net Assets

Down

$450,923

Down $13,482 (-2.9%) from 2015

Liabilities

Up

$139

Up $23 (+20%) from 2015

Revenue

Down

$45,377

Down $75,692 (-63%) from 2015

Expenses

Up

$58,859

Up $18,857 (+47%) from 2015

Net Income

Down

-$13,482

Down $94,549 (-117%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $370,520Liabilities 2010: $1,000Net Assets 2010: $369,5202010Assets 2011: $394,041Net Assets 2011: $394,0412011Assets 2012: $198,449Net Assets 2012: $198,4492012Assets 2013: $245,869Liabilities 2013: $87Net Assets 2013: $245,7822013Assets 2014: $383,471Liabilities 2014: $133Net Assets 2014: $383,3382014Assets 2015: $464,521Liabilities 2015: $116Net Assets 2015: $464,4052015Assets 2016: $451,062Liabilities 2016: $139Net Assets 2016: $450,9232016Assets 2017: $475,524Liabilities 2017: $153Net Assets 2017: $475,3712017Assets 2018: $489,616Liabilities 2018: $121Net Assets 2018: $489,4952018Assets 2019: $493,441Liabilities 2019: $0Net Assets 2019: $493,4412019Assets 2020: $499,200Net Assets 2020: $499,2002020Assets 2021: $307,851Liabilities 2021: $02021Assets 2022: $306,518Net Assets 2022: $306,5182022Assets 2023: $285,178Liabilities 2023: $02023Assets 2024: $241,892Net Assets 2024: $241,8922024

Highlighted filing

2016

Assets$451,062
Liabilities$139
Net Assets$450,923

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $55,590Expenses 2010: $48,444Net Income 2010: $7,1462010Revenue 2011: $46,823Expenses 2011: $22,302Net Income 2011: $24,5212011Revenue 2012: $59,336Expenses 2012: $254,928Net Income 2012: -$195,5922012Revenue 2013: $61,877Expenses 2013: $80,639Net Income 2013: -$18,7622013Revenue 2014: $233,750Expenses 2014: $96,194Net Income 2014: $137,5562014Revenue 2015: $121,069Expenses 2015: $40,002Net Income 2015: $81,0672015Revenue 2016: $45,377Expenses 2016: $58,859Net Income 2016: -$13,4822016Revenue 2017: $47,133Expenses 2017: $22,685Net Income 2017: $24,4482017Revenue 2018: $36,973Expenses 2018: $22,849Net Income 2018: $14,1242018Revenue 2019: $47,749Expenses 2019: $43,803Net Income 2019: $3,9462019Revenue 2020: $33,720Expenses 2020: $27,961Net Income 2020: $5,7592020Revenue 2021: $46,636Expenses 2021: $21,077Net Income 2021: $25,5592021Revenue 2022: $50,559Expenses 2022: $38,786Net Income 2022: $11,7732022Revenue 2023: $11,171Expenses 2023: $19,636Net Income 2023: -$8,4652023Revenue 2024: $17,385Expenses 2024: $55,931Net Income 2024: -$38,5462024

Highlighted filing

2016

Revenue$45,377
Expenses$58,859
Net Income-$13,482
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 13, 2017
Return Version
2016v3.0
Gross Receipts
$64,559
Mission and Program Overview

Mission

To raise funds for renovation and restoration of historic downtown smithfield, virginia.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FUNDS FOR MAINTENANCE AND RESTORATION FOR HISTORICAL LANDMARK. ALSO TO PROVIDE GRANTS AND SUPPORT FOR BUSINESSES LOCATED IN HISTORIC DOWNTOWN AREA.$15,768-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JULIA HILLEGASDirector-$0--
JOHN B EDWARDSPresident-$0--
LAWRENCE PITTDirector-$0--
RON PACKTreasurer-$0--
BRAD FACEDirector-$0--
TODD BALLANCEDirector-$0--
JUDY BEGLANDDirector-$0--
BILL HARRISDirector-$0--
GRETCHEN HEALDirector-$0--
LANNY HINSONDirector-$0--
TREY GWALTNEYDirector-$0--
LEE DUNCANDirector-$0--
FLORINE MOOREDirector-$0--
CAROLINE HURTDirector-$0--
OA SPADYDirector-$0--
RICK BODSONSecretary-$0--
JUDY WINSLOWDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraisers$32,068$32,068$15,442$16,626
Total Events$32,068$32,068$19,182$12,886
Filing and Contact Details

Filer

Filer Name
Historic Smithfield Inc
EIN
54-1478055
Phone
7578697968
Address
PO BOX 102, SMITHFIELD, VA 23431

Signing Officer

Name
Rick Bodson
Title
Secretary
Signed
2017-02-13
Discuss with paid preparer
Yes

Preparer

Firm
Beale & Curran PC
Address
1801 South Church Street, Smithfield, VA 23430-1858
Preparer
Diana F Beale
Phone
7573573861
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.2

Class of Activity: CONTRIBUTION | Donee's Name: THE SMITHFIELD MUSEUM FOUNDATION | Donee's Address: P.O. BOX 1113 SMITHFIELD VA 23431 | Relationship of Donee: NONE | Cash Amount Given: $31210

Other Expenses.1001

Advertising and Promotion $1716

Other Expenses.1002

Office Expenses $648

Other Expenses.1009

Depreciation $597

Other Expenses.1012

Insurance $4729

Other Expenses.1

CONTRIBUTIONS $3000

Other Expenses.2

UTILITIES $2859

Other Expenses.3

COMMUNITY PROJECTS $1766

Other Expenses.4

Repairs & maintenance $1514

Other Expenses.5

TELEPHONE $703

Other Expenses.6

PENALTIES $393

Other Expenses.7

SECURITY $353

Other Expenses.10

LICENSES AND FEES $75

Other Assets.1003

Machinery and Equipment - Beginning $872 Machinery and Equipment - Ending $275

Other Assets.1

1750 COURTHOUSE RENOVATIONS - Beginning $214128 1750 COURTHOUSE RENOVATIONS - Ending $214128

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $116 Accounts Payable and Accrued Expenses - Ending $139

Raw XML Appendix254 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
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IRS990EZ/PrintingPublicationsPostageAmt0554
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: CONTRIBUTION | Donee's Name: THE SMITHFIELD MUSEUM FOUNDATION | Donee's Address: P.O. BOX 1113 SMITHFIELD VA 23431 | Relationship of Donee: NONE | Cash Amount Given: $31210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $1716
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $648
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $597
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $4729
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRIBUTIONS $3000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UTILITIES $2859
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMMUNITY PROJECTS $1766
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8REPAIRS & MAINTENANCE $1514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TELEPHONE $703
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PENALTIES $393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SECURITY $353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12LICENSES AND FEES $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Machinery and Equipment - Beginning $872 Machinery and Equipment - Ending $275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt141750 COURTHOUSE RENOVATIONS - Beginning $214128 1750 COURTHOUSE RENOVATIONS - Ending $214128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Accounts Payable and Accrued Expenses - Beginning $116 Accounts Payable and Accrued Expenses - Ending $139
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Assets.1
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0RICK BODSON
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023431
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Beale & Curran PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01801 South Church Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Smithfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0234301858
ReturnHeader/PreparerPersonGrp/PhoneNum07573573861
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DIANA F BEALE
ReturnHeader/ReturnTs02017-02-13T13:43:34-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.42$2.42$0.17$0.56$0.39
2023Summary only. Only limited summary data is available for this year.$2.85$0.00$0.11$0.20$0.08
2022Detailed filing. Detailed filing data is available for this year.$3.07$3.07$0.51$0.39$0.12
2021Summary only. Only limited summary data is available for this year.$3.08$0.00$0.47$0.21$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.99$4.99$0.34$0.28$0.06
2019Detailed filing. Detailed filing data is available for this year.$4.93$0.00$4.93$0.48$0.44$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.90$0.00$4.89$0.37$0.23$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$0.00$4.75$0.47$0.23$0.24
2016Detailed filing. Detailed filing data is available for this year.$4.51$0.00$4.51$0.45$0.59$0.13
2015Detailed filing. Detailed filing data is available for this year.$4.65$0.00$4.64$1.21$0.40$0.81
2014Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$2.34$0.96$1.38
2013Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$0.62$0.81$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$1.98$0.59$2.55$1.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.94$3.94$0.47$0.22$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$0.01$3.70$0.56$0.48$0.07