Civic Intelligence

Southwest Virginia Education and Training Network Inc

EIN 54-1680186 • 501(c)3 • Abingdon, VA

Profile

Provide remote interactive classrooms

PO Box 1987Abingdon, VA 24212

www.svetn.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

7th percentile

-182%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

2.4%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $213,418 (-100%) from 2023

Liabilities

Down

$0

Down $19,302 (-100%) from 2023

Net Assets

Down

$0

Down $194,116 (-100%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin7th percentile

Revenue

Up

$112,201

Up $2,633 (+2.4%) from 2023

Expenses

Up

$316,623

Up $103,058 (+48%) from 2023

Net Income

Down

-$204,422

Down $100,425 (-97%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $1,463,367Liabilities 2011: $364,025Net Assets 2011: $1,099,3422011Assets 2012: $1,118,118Liabilities 2012: $383,266Net Assets 2012: $734,8522012Assets 2013: $429,550Liabilities 2013: $207,550Net Assets 2013: $222,0002013Assets 2014: $397,898Liabilities 2014: $208,610Net Assets 2014: $189,2882014Assets 2015: $382,674Liabilities 2015: $213,754Net Assets 2015: $168,9202015Assets 2016: $371,674Liabilities 2016: $195,112Net Assets 2016: $176,5622016Assets 2017: $350,664Liabilities 2017: $178,129Net Assets 2017: $172,5352017Assets 2018: $277,216Liabilities 2018: $74,850Net Assets 2018: $202,3662018Assets 2019: $325,626Liabilities 2019: $76,431Net Assets 2019: $249,1952019Assets 2020: $342,837Liabilities 2020: $72,614Net Assets 2020: $270,2232020Assets 2021: $371,542Liabilities 2021: $69,456Net Assets 2021: $302,0862021Assets 2022: $360,622Liabilities 2022: $72,500Net Assets 2022: $288,1222022Assets 2023: $213,418Liabilities 2023: $19,302Net Assets 2023: $194,1162023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $398,329Expenses 2011: $802,609Net Income 2011: -$404,2802011Expenses 2012: $485,7132012Revenue 2013: -$210,975Expenses 2013: $301,877Net Income 2013: -$512,8522013Revenue 2014: $280,622Expenses 2014: $313,334Net Income 2014: -$32,7122014Revenue 2015: $288,058Expenses 2015: $307,007Net Income 2015: -$18,9492015Revenue 2016: $389,291Expenses 2016: $382,715Net Income 2016: $6,5762016Revenue 2017: $393,476Expenses 2017: $404,693Net Income 2017: -$11,2172017Revenue 2018: $461,708Expenses 2018: $430,239Net Income 2018: $31,4692018Revenue 2019: $477,249Expenses 2019: $433,030Net Income 2019: $44,2192019Revenue 2020: $420,734Expenses 2020: $399,785Net Income 2020: $20,9492020Revenue 2021: $363,786Expenses 2021: $339,931Net Income 2021: $23,8552021Revenue 2022: $386,223Expenses 2022: $367,862Net Income 2022: $18,3612022Revenue 2023: $109,568Expenses 2023: $213,565Net Income 2023: -$103,9972023Revenue 2024: $112,201Expenses 2024: $316,623Net Income 2024: -$204,4222024

Highlighted filing

2024

Revenue$112,201
Expenses$316,623
Net Income-$204,422
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$112,201
Expenses
$316,623
Net income
-$204,422
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.11$0.32$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.19$0.11$0.21$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.07$0.29$0.39$0.37$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.37$0.07$0.30$0.36$0.34$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.07$0.27$0.42$0.40$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.08$0.25$0.48$0.43$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.28$0.07$0.20$0.46$0.43$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.18$0.17$0.39$0.40$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.37$0.20$0.18$0.39$0.38$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.21$0.17$0.29$0.31$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.21$0.19$0.28$0.31$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.21$0.22$0.21$0.30$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.38$0.73$0.49
2011Summary only. Only limited summary data is available for this year.$1.46$0.36$1.10$0.40$0.80$0.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 29, 2024
Return Version
2023v5.0
Gross Receipts
$112,201
Mission and Program Overview

Mission

Svetn was established in response to a need to increase school curriculum offerings in small rural schools throughout southwest virginia. This is accomplished by offering online interactive classrooms.

Provide remote interactive classrooms

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$212,344--
Accounts Receivable$1,000--
Land, Buildings, and Equipment, Net$74--
Total Assets$213,418$0▼ $213,418
Liabilities
Other Liabilities$19,302--
Total Liabilities$19,302$0▼ $19,302
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$194,116--
Total Net Assets Fund Balance$194,116$0▼ $194,116
Total Liabilities and Net Assets / Fund Balance$213,418$0▼ $213,418
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Terry HawthorneChair
Jennifer FrazierVice Chair
Adam TolbertDirector
Barbara ManuelDirector
Chirsty LeeDirector
Chris StacyDirector
Christina RimmerDirector
Cynthia Everitt-dayDirector
Dennis DeelDirector
Dr Becki JamesDirector
Gary RitchieDirector
Gina WohlfordDirector
Kelly WilmoreDirector
Lisa WillisDirector
Marlin CampbellDirector
Megan BoyerDirector
Pam TesterDirector
Russell StreetDirector
Scott KiserDirector
Tim LovelaceDirector
Josh FloydSecretary
Scott BlevinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$112,000
Program Service Revenue
$0
Investment Income
$201
Other Revenue
$0
Change in Net Assets
$-204,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$213,642
Other Expenses$102,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$70,490$76,411-$146,901
Other Employee Benefits$12,959$22,752-$35,711
Pension Plan Contributions$9,880$10,871-$20,751
Payroll Taxes$5,019$5,260-$10,279
Office Expenses$138$1,390-$1,528
Insurance-$1,316-$1,316
Occupancy-$1,000-$1,000
Other Expenses$885$1,525-$885
Depreciation Depletion-$74-$74
Total Functional Expenses$195,689$120,934$0$316,623
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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

“The form 990 is reviewed by the bookkeeper and executive director”

Form 990, Page 6, Part VI, Line 19

“Svetn makes its governing documents and financial statements available to the public by request.”

Filing and Contact Details

Filer

Filer Name
Southwest Virginia Education and
EIN
54-1680186
Phone
2766194363
Address
PO BOX 1987, ABINGDON, VA 24212

Signing Officer

Name
Terry Hawthorne
Title
Chair
Phone
2766194320
Signed
2024-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Hawthorne
Formed
1993
Legal Domicile
Va
Voting Board Members
22
Independent Board Members
22
Employees
0

Preparer

Firm
Hbc Cpas
Address
PO BOX 821, ABINGDON, VA 24212
Preparer
David B Brown CPA
Phone
2766281123
Raw XML AppendixShowing 400 of 642 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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