Civic Intelligence

Enrichmond Foundation

990 • Fiscal year 2012 • EIN 54-1610700

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 08, 2013

100 N 17th St23219
Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

82nd percentile

22%

Faster asset growth than 82% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$498,903

Up $90,866 (+22%) from 2011

Net Assets

Up

$497,774

Up $91,330 (+22%) from 2011

Liabilities

Down

$1,129

Down $464 (-29%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$529,270

Down $98,606 (-16%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $405,730Liabilities 2010: $44,189Net Assets 2010: $361,5412010Assets 2011: $408,037Liabilities 2011: $1,593Net Assets 2011: $406,4442011Assets 2012: $498,903Liabilities 2012: $1,129Net Assets 2012: $497,7742012Assets 2013: $441,066Liabilities 2013: $0Net Assets 2013: $441,0662013Assets 2015: $565,801Liabilities 2015: $0Net Assets 2015: $565,8012015Assets 2016: $602,694Liabilities 2016: $1,336Net Assets 2016: $601,3582016Assets 2017: $732,154Liabilities 2017: $382,500Net Assets 2017: $349,6542017Assets 2018: $1,058,412Liabilities 2018: $412,322Net Assets 2018: $646,0902018Assets 2019: $598,874Liabilities 2019: $294,567Net Assets 2019: $304,3072019Assets 2020: $1,461,488Liabilities 2020: $241,929Net Assets 2020: $1,219,5592020Assets 2021: $838,760Liabilities 2021: $252,427Net Assets 2021: $586,3332021

Highlighted filing

2012

Assets$498,903
Liabilities$1,129
Net Assets$497,774

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $441,333Expenses 2010: $398,013Net Income 2010: $43,3202010Revenue 2011: $672,779Expenses 2011: $627,876Net Income 2011: $44,9032011Expenses 2012: $529,2702012Revenue 2013: $515,334Expenses 2013: $572,042Net Income 2013: -$56,7082013Revenue 2015: $629,531Expenses 2015: $598,548Net Income 2015: $30,9832015Revenue 2016: $730,949Expenses 2016: $695,392Net Income 2016: $35,5572016Revenue 2017: $900,025Expenses 2017: $1,071,988Net Income 2017: -$171,9632017Revenue 2018: $1,783,044Expenses 2018: $1,473,356Net Income 2018: $309,6882018Revenue 2019: $1,175,990Expenses 2019: $1,542,978Net Income 2019: -$366,9882019Revenue 2020: $3,305,722Expenses 2020: $2,396,466Net Income 2020: $909,2562020Revenue 2021: $620,157Expenses 2021: $1,229,861Net Income 2021: -$609,7042021

Highlighted filing

2012

Revenue-
Expenses$529,270
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 8, 2013
Return Version
2012v2.3
Gross Receipts
$649,709
Mission and Program Overview

Mission

To support parks, recreation and cultural arts through citizen involvement, education, and fundraising.

Major Activities

Activity 2
Provide funding to allow inner city youth to participate in camp so as to promote ability to interact with others. The camp involved the staging of a play.
Activity 3
Provide support for various other opportunities to the general public such as city ice rink, community gardens, etc.
Filing and Contact Details

Filer

EIN
54-1610700
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IRS990/ActivityOther/Description0PROVIDE FUNDS FOR RECREATIONAL FACILITIES AND PARK IMPROVEMENT PROJECTS IN THE CITY OF RICHMOND, VIRGINIA. THESE PROJECTS AND IMPROVEMENTS ARE ONES WHICH THE CITY CANNOT AFFORD OR DOES NOT HAVE FUNDS APPROPRIATED IN ITS BUDGET; ALLOWING CITIZENS TO IMPROVE THE PUBLIC SPACES IN THEIR NEIGHBORHOOD AND THEREBY IMPROVE COMMUNITY SPIRIT AND ATTITUDE. PROVIDE FUNDING FOR PUBLIC PERFORMANCES AND IMPROVEMENTS AT CITY OWNED DOGWOOD DELL FACILITIES. ALSO FUNDS AND SUPPORTS FOR CULTURAL ARTS PROGRAM; ALLOWING YOUTH TO PARTICIPATE IN STAGE PRODUCTIONS, DANCE COMPETITIONS AND INCREASES THEIR APPRECIATION FOR THE PERFORMING ARTS AND ENCOURAGE USE OF THE CITY PERFORMING ARTS FACILITIES. PROVIDE FUNDING FOR PROGRAMS DESIGNED TO PROMOTE LEADERSHIP, CAREER AWARENESS, WORKFORCE SKILL DEVELOPMENT, COMMUNITY ENGAGEMENT, IMPROVE SCHOOL ATTENDANCE, HEIGHTEN UNDERSTANDING OF CAREER AND EDUCATIONAL PATHWAYS, AND INCREASE THE NUMBER OF STUDENTS GRADUATING WITH POST-SECONDARY PLANS. PROVIDE FUNDING FOR PERFORMANCES AND FESTIVALS AT CITY OWNED 17TH STREET MARKET SO AS TO SHOWCASE THIS HISTORIC AREA OF RICHMOND AND INCREASE CITIZENS USE OF THE AREA. PROVIDE ENTERTAINING AND EDUCATIONAL FILMS THAT LEAVE ATTENDEES WITH INCREASED AWARENESS OF ENVIRONMENTAL ISSUES THAT WE FACE LOCALLY AND GLOBALLY. PROVIDE FUNDING FOR THE PLANTING OF TREES ON CITY STREETS AND PARKS SO AS TO ENHANCE THE APPEARANCE OF THE CITY AND REPLACE TREES DAMAGED OR DESTROYED BY STORMS, DISEASE OR DECAY.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE FOUNDATION FOLLOWS FASB GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED "WHEN CHALLENGED" OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE LIKELY THAN NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITION AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE FOUNDATION'S INCOME TAX RETURNS FROM 2009 THROUGH 2011 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION.
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IRS990ScheduleG/EventsInformation/NameOfEvent10FUNDRAISING EVE
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IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent1029109
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents029109
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine10900 EAST BROAD ST SUITE 407
IRS990ScheduleI/RecipientTable/AddressUS/City0RICHMOND
IRS990ScheduleI/RecipientTable/AddressUS/State0VA
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode023219
IRS990ScheduleI/RecipientTable/AmountOfCashGrant039282
IRS990ScheduleI/RecipientTable/EINOfRecipient0546001556
IRS990ScheduleI/RecipientTable/PurposeOfGrant0CITY IMPROVEMENTS
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10CITY OF RICHMOND PARKS & REC
IRS990ScheduleI/RecordsMaintained0true
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0PROVIDE FUNDS FOR RECREATIONAL FACILITIES AND PARK IMPROVEMENT PROJECTS IN THE CITY OF RICHMOND, VIRGINIA. THESE PROJECTS AND IMPROVEMENTS ARE ONES WHICH THE CITY CANNOT AFFORD OR DOES NOT HAVE FUNDS APPROPRIATED IN ITS BUDGET; ALLOWING CITIZENS TO IMPROVE THE PUBLIC SPACES IN THEIR NEIGHBORHOOD AND THEREBY IMPROVE COMMUNITY SPIRIT AND ATTITUDE. PROVIDE FUNDING FOR PUBLIC PERFORMANCES AND IMPROVEMENTS AT CITY OWNED DOGWOOD DELL FACILITIES. ALSO FUNDS AND SUPPORTS FOR CULTURAL ARTS PROGRAM; ALLOWING YOUTH TO PARTICIPATE IN STAGE PRODUCTIONS, DANCE COMPETITIONS AND INCREASES THEIR APPRECIATION FOR THE PERFORMING ARTS AND ENCOURAGE USE OF THE CITY PERFORMING ARTS FACILITIES. PROVIDE FUNDING FOR PROGRAMS DESIGNED TO PROMOTE LEADERSHIP, CAREER AWARENESS, WORKFORCE SKILL DEVELOPMENT, COMMUNITY ENGAGEMENT, IMPROVE SCHOOL ATTENDANCE, HEIGHTEN UNDERSTANDING OF CAREER AND EDUCATIONAL PATHWAYS, AND INCREASE THE NUMBER OF STUDENTS GRADUATING WITH POST-SECONDARY PLANS. PROVIDE FUNDING FOR PERFORMANCES AND FESTIVALS AT CITY OWNED 17TH STREET MARKET SO AS TO SHOWCASE THIS HISTORIC AREA OF RICHMOND AND INCREASE CITIZENS USE OF THE AREA. PROVIDE ENTERTAINING AND EDUCATIONAL FILMS THAT LEAVE ATTENDEES WITH INCREASED AWARENESS OF ENVIRONMENTAL ISSUES THAT WE FACE LOCALLY AND GLOBALLY. PROVIDE FUNDING FOR THE PLANTING OF TREES ON CITY STREETS AND PARKS SO AS TO ENHANCE THE APPEARANCE OF THE CITY AND REPLACE TREES DAMAGED OR DESTROYED BY STORMS, DISEASE OR DECAY.
IRS990ScheduleO/GeneralExplanation/Explanation1COPY OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation2BOARD MEMBERS ARE REQUIRED TO DISCLOSE ALL POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS.
IRS990ScheduleO/GeneralExplanation/Explanation3DETERMINED BY BOARD OF DIRECTORS THROUGH PERFORMANCE EVALUATION AND REVIEW OF SALARIES FOR SIMILAR POSITIONS THROUGHOUT THE INDUSTRY.
IRS990ScheduleO/GeneralExplanation/Explanation4GOVERNING DOCUMENTS MADE AVAILABLE THROUGH PUBLIC RECORD. FINANCIAL INFORMATION AVAILABLE AT THE FOLLOWING: WWW.GIVERICHMOND.ORG WWW.GUIDESTAR.ORG
IRS990ScheduleO/GeneralExplanation/Identifier0ALL OTHER ACCOMPLISHMENT DESCRIPTION
IRS990ScheduleO/GeneralExplanation/Identifier1ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier2ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/GeneralExplanation/Identifier3COMPENSATION PROCESS FOR TOP OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier4GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/ScheduleORequired0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0VA
IRS990/StatesWhereCopyOfReturnIsFiled0VA
IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/TemporarilyRestrictedNetAssets/BOY0294141
IRS990/TemporarilyRestrictedNetAssets/EOY0371052
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10100 NORTH 17TH STREET
IRS990/TheBooksAreInCareOf/AddressUS/City0RICHMOND
IRS990/TheBooksAreInCareOf/AddressUS/State0VA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode023219
IRS990/TheBooksAreInCareOf/NamePerson0CHRISTINE BEISH
IRS990/TheBooksAreInCareOf/TelephoneNumber08046460954
IRS990/TotalAssets/BOY0408037
IRS990/TotalAssetsBOY0408037
IRS990/TotalAssets/EOY0498903
IRS990/TotalAssetsEOY0498903
IRS990/TotalCompGT150K0false
IRS990/TotalContributions0376290
IRS990/TotalExpensesCurrentYear0529270

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