Civic Intelligence

Virginia Future Business Leaders of America Phi Beta Lambda Foundation

990EZ • Fiscal year 2014 • EIN 54-1653085

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 10, 2014

123 Wayside DriveMidlothian, VA 22812

(540) 515-3484

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

95th percentile

64%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

85th percentile

49%

Faster revenue growth than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$315,716

Up $31,747 (+11%) from 2013

Net Assets

$315,716

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$49,274

Up $16,180 (+49%) from 2013

Expenses

Up

$17,527

Up $1,159 (+7.1%) from 2013

Net Income

Up

$31,747

Up $15,021 (+90%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $252,017Net Assets 2011: $252,0172011Assets 2012: $267,243Net Assets 2012: $267,2432012Assets 2013: $283,969Liabilities 2013: $02013Assets 2014: $315,716Liabilities 2014: $0Net Assets 2014: $315,7162014Assets 2015: $348,221Liabilities 2015: $0Net Assets 2015: $348,2212015Assets 2016: $365,061Liabilities 2016: $0Net Assets 2016: $365,0612016Assets 2017: $373,276Liabilities 2017: $0Net Assets 2017: $373,2762017Assets 2018: $404,657Liabilities 2018: $0Net Assets 2018: $404,6572018Assets 2019: $436,080Liabilities 2019: $0Net Assets 2019: $436,0802019Assets 2020: $452,080Liabilities 2020: $0Net Assets 2020: $452,0802020Assets 2021: $449,918Liabilities 2021: $0Net Assets 2021: $449,9182021Assets 2022: $474,463Liabilities 2022: $0Net Assets 2022: $474,4632022Assets 2023: $493,054Liabilities 2023: $0Net Assets 2023: $493,0542023Assets 2024: $510,239Liabilities 2024: $0Net Assets 2024: $510,2392024Assets 2025: $551,416Liabilities 2025: $0Net Assets 2025: $551,4162025

Highlighted filing

2014

Assets$315,716
Liabilities$0
Net Assets$315,716

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $24,705Expenses 2011: $14,782Net Income 2011: $9,9232011Revenue 2012: $33,973Expenses 2012: $18,747Net Income 2012: $15,2262012Revenue 2013: $33,094Expenses 2013: $16,368Net Income 2013: $16,7262013Revenue 2014: $49,274Expenses 2014: $17,527Net Income 2014: $31,7472014Revenue 2015: $58,183Expenses 2015: $25,678Net Income 2015: $32,5052015Revenue 2016: $42,021Expenses 2016: $25,181Net Income 2016: $16,8402016Revenue 2017: $33,193Expenses 2017: $24,978Net Income 2017: $8,2152017Revenue 2018: $54,685Expenses 2018: $23,304Net Income 2018: $31,3812018Revenue 2019: $56,635Expenses 2019: $25,212Net Income 2019: $31,4232019Revenue 2020: $48,642Expenses 2020: $32,642Net Income 2020: $16,0002020Revenue 2021: $41,313Expenses 2021: $43,475Net Income 2021: -$2,1622021Revenue 2022: $38,462Expenses 2022: $13,917Net Income 2022: $24,5452022Revenue 2023: $27,211Expenses 2023: $8,620Net Income 2023: $18,5912023Revenue 2024: $44,372Expenses 2024: $35,793Net Income 2024: $8,5792024Revenue 2025: $44,437Expenses 2025: $42,417Net Income 2025: $2,0202025

Highlighted filing

2014

Revenue$49,274
Expenses$17,527
Net Income$31,747
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 10, 2014
Return Version
2013v3.1
Gross Receipts
$58,870
Mission and Program Overview

Mission

See Sch O.

The organization promotes the education of future business leaders by disseminating information, promoting and conducting research as it relates to business and business education, stimulating interest in business leadership, and recognizing deserving members who have achieved distinction in business and business education.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION CURRENTLY SERVES APPROXIMATELY 1,750 STUDENTS THROUGHOUT THE STATE OF VIRGINIA IN VARIOUS BUSINESS PROGRAMS.-$17,527
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE MILLSPresident-$0--
JENNIFER P TURNERDirector-$0--
SALLY G MARTINSecretary-$0--
WILLIAM L POWELLTreasurer-$0--
KHALIL ANDRAOSVice Pres.-$0--
JOHN JENKINSDirector-$0--
SANDY MILLSDirector-$0--
FRANK M PEELEDirector-$0--
B ANNE ROWEDirector-$0--
JUDITH P SAMSDirector-$0--
BARBARA SMALLDirector-$0--
GENE STRALEYDirector-$0--
MATTHEW N TURNERDirector-$0--
GARY TUSINGDirector-$0--
HEATHER H WILSONDirector-$0--
RAE ANN S JOHNSONDirector-$0--
LINDA BASSDirector-$0--
BETH DOWNEYDirector-$0--
BRIAN FERRELLDirector-$0--
GLENNA HENSDILLDirector-$0--
DAVID HOYTDirector-$0--
CANDICE OWENSDirector-$0--
AKIF SHAMEEMDirector-$0--
GLENN STARNES IIDirector-$0--
SHARON WOODENDirector-$0--
Filing and Contact Details

Filer

EIN
54-1653085
Phone
5405153484

Signing Officer

Name
William L Powell
Title
Treasurer
Phone
5405153484
Signed
2014-11-10

Preparer

Preparer
Donald V Steger Jr
Phone
5408866231
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item C

Va fbla-pbl foundation, inc.

Form 990-ez, Part I, Line 16

Expenses leadership development 2,549 meeting expenses 274 awards 13,640 bank service charges 18 office supplies & expense 601 presentation plaques 445 total 17,527

Form 990-ez, Part III

The organization promotes the education of future business leaders by disseminating information, promoting and conducting research as it relates to business and business education, stimulating interest in business leadership, and recognizing deserving members who have achieved distinction in business and business education.

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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/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRES.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VA FBLA-PBL FOUNDATION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES LEADERSHIP DEVELOPMENT 2,549 MEETING EXPENSES 274 AWARDS 13,640 BANK SERVICE CHARGES 18 OFFICE SUPPLIES & EXPENSE 601 PRESENTATION PLAQUES 445 TOTAL 17,527
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROMOTES THE EDUCATION OF FUTURE BUSINESS LEADERS BY DISSEMINATING INFORMATION, PROMOTING AND CONDUCTING RESEARCH AS IT RELATES TO BUSINESS AND BUSINESS EDUCATION, STIMULATING INTEREST IN BUSINESS LEADERSHIP, AND RECOGNIZING DESERVING MEMBERS WHO HAVE ACHIEVED DISTINCTION IN BUSINESS AND BUSINESS EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM L POWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05405153484
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10PHI BETA LAMBDA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PHIB
ReturnHeader/Filer/EIN0541653085
ReturnHeader/Filer/PhoneNum05405153484
ReturnHeader/Filer/USAddress/AddressLine10123 WAYSIDE DRIVE
ReturnHeader/Filer/USAddress/City0BRIDGEWATER
ReturnHeader/Filer/USAddress/State0VA
ReturnHeader/Filer/USAddress/ZIPCode022812
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541877324
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10DONALD V STEGER JR CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 2006
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0STAUNTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0244022006
ReturnHeader/PreparerPersonGrp/PhoneNum05408866231
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD V STEGER JR
ReturnHeader/ReturnTs02014-11-11T00:43:08-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.51$0.00$5.51$0.44$0.42$0.02
2024Detailed filing. Detailed filing data is available for this year.$5.10$0.00$5.10$0.44$0.36$0.09
2023Detailed filing. Detailed filing data is available for this year.$4.93$0.00$4.93$0.27$0.09$0.19
2022Detailed filing. Detailed filing data is available for this year.$4.74$0.00$4.74$0.38$0.14$0.25
2021Detailed filing. Detailed filing data is available for this year.$4.50$0.00$4.50$0.41$0.43$0.02
2020Detailed filing. Detailed filing data is available for this year.$4.52$0.00$4.52$0.49$0.33$0.16
2019Detailed filing. Detailed filing data is available for this year.$4.36$0.00$4.36$0.57$0.25$0.31
2018Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.05$0.55$0.23$0.31
2017Detailed filing. Detailed filing data is available for this year.$3.73$0.00$3.73$0.33$0.25$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$0.42$0.25$0.17
2015Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$0.58$0.26$0.33
2014Detailed filing. Detailed filing data is available for this year.$3.16$0.00$3.16$0.49$0.18$0.32
2013Summary only. Only limited summary data is available for this year.$2.84$0.00$0.33$0.16$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$2.67$0.34$0.19$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$2.52$0.25$0.15$0.10