Civic Intelligence

Enrichmond Foundation

990 • Fiscal year 2013 • EIN 54-1610700

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 09, 2014

100 N 17th StRichmond, VA 23219

(804) 646-0954

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

0.00x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

20th percentile

-11%

Higher net margin than 20% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

75th percentile

$60,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

14th percentile

-12%

Faster asset growth than 14% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

19th percentile

-12%

Faster revenue growth than 19% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2013

Assets

Down

$441,066

Down $57,837 (-12%) from 2012

Net Assets

Down

$441,066

Down $56,708 (-11%) from 2012

Liabilities

Down

$0

Down $1,129 (-100%) from 2012

Revenue

$515,334

No earlier filing loaded for comparison.

Expenses

Up

$572,042

Up $42,772 (+8.1%) from 2012

Net Income

-$56,708

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

2013

Assets$441,066
Liabilities$0
Net Assets$441,066

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

2013

Revenue$515,334
Expenses$572,042
Net Income-$56,708
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 9, 2014
Return Version
2013v3.1
Gross Receipts
$623,407
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$75,000$263,000▲ $188,000
Cash and Non-Interest-Bearing Accounts$178,576$134,009▼ $44,567
Land, Buildings, and Equipment, Net$2,327$14,057▲ $11,730
Total Assets$498,903$441,066▼ $57,837
Other Assets Total$243,000$30,000▼ $213,000
Liabilities
Accounts Payable and Accrued Expenses$1,129--
Total Liabilities$1,129$0▼ $1,129
Net Assets / Fund Balance
Temporarily Rstr Net Assets$371,052$342,255▼ $28,797
Unrestricted Net Assets$126,722$98,811▼ $27,911
Total Net Assets Fund Balance$497,774$441,066▼ $56,708
Total Liabilities and Net Assets / Fund Balance$498,903$441,066▼ $57,837

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,057$7,075$21,132
Other Assets Org$30,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John SydnorExecutive DiPT$60,000$60,000

Board Members and Trustees

NameTitle
Dr Patricia BrownPresident
Casey CockerhamDirector
Dan SloneDirector
Dolly VogtDirector
John ZeugnerDirector
Leighton PowellDirector
Pat DanielsDirector
Raymond D PattersonDirector
Sarah MortonDirector
Vilma SeymourDirector
William J ConkleDirector
ELEANOR 'GAY' LEAHYSecretary
Vicky SteinruckTreasurer 1
Gerry SaundersTreasurer 2
Cabell VestVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$279,528
Program Service Revenue
$131,489
Investment Income
$11,368
Other Revenue
$92,949
All Other Contributions
$242,418
Change in Net Assets
$-56,708
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$486,460
Salaries, Compensation, and Employee Benefits$85,582
Total Fundraising Expense$7,674
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$60,000-$60,000
All Other Expenses-$25,326-$25,326
Other Expenses$24,317$7,158-$24,317
Other Salaries and Wages-$19,500-$19,500
Advertising--$7,674$7,674
Fees for Services Accounting-$7,250-$7,250
Office Expenses-$6,393-$6,393
Payroll Taxes-$6,082-$6,082
Depreciation Depletion-$5,438-$5,438
Information Technology-$1,669-$1,669
Total Functional Expenses$425,552$138,816$7,674$572,042
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$181,788
Fundraising Direct Expenses$108,073
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$181,788$181,788$108,073$73,715
Total Events$181,788$181,788$108,073$73,715
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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

Copy of form 990 is provided to each board member prior to filing.

Form 990, Page 6, Part VI, Line 12C

Board members are required to disclose all potential conflicts of interest on an annual basis.

Form 990, Page 6, Part VI, Line 15A

Determined by board of directors through performance evaluation and review of salaries for similar positions throughout the industry.

Form 990, Page 6, Part VI, Line 19

Governing documents made available through public record. Financial information available at the following: www.giverichmond.org www.guidestar.org

Filing and Contact Details

Filer

EIN
54-1610700
Phone
8046460954

Signing Officer

Name
John Sydnor
Title
Executive Director
Phone
8046460954
Signed
2014-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Sydnor
Formed
1990
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
1,000

Preparer

Preparer
Rebecca J Tres
Phone
8043581150
Supplemental Narrative

Additional Explanations

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

Provide 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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IRS990/OtherExpensesGrp/TotalAmt0167043
IRS990/OtherExpensesGrp/TotalAmt1154203
IRS990/OtherExpensesGrp/TotalAmt287147
IRS990/OtherExpensesGrp/TotalAmt324317
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019130
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE 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.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt024317
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE SUPPORT FOR VARIOUS OTHER OPPORTUNITIES TO THE GENERAL PUBLIC SUCH AS CITY ICE RINK, COMMUNITY GARDENS, ETC.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDE 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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IRS990/PYOtherRevenueAmt062622
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IRS990/PYRevenuesLessExpensesAmt091330
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE 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/SupplementalInformationDetail/ExplanationTxt1COPY OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO DISCLOSE ALL POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DETERMINED BY BOARD OF DIRECTORS THROUGH PERFORMANCE EVALUATION AND REVIEW OF SALARIES FOR SIMILAR POSITIONS THROUGHOUT THE INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS MADE AVAILABLE THROUGH PUBLIC RECORD. FINANCIAL INFORMATION AVAILABLE AT THE FOLLOWING: WWW.GIVERICHMOND.ORG WWW.GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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