Civic Intelligence

Suffolk Nansemond Historical Society

EIN 54-1703595 • 501(c)3 • Suffolk, VA

Profile

The mission of the Suffolk-Nansemond Historical Society is to collect, preserve, interpret and promote awareness of the history and culture of Suffolk and old Nansemond County for the education and enjoyment of present and future generations.

P O Box 1255Suffolk, VA 23434

www.suffolkhistory.org

Siviq Scores

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

Liabilities / Assets

68th percentile

0.01x

Higher debt load relative to assets than 68% of similar nonprofits.

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

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

34th percentile

-7.0%

Higher net margin than 34% of similar nonprofits.

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

Top Officer Pay

87th percentile

$16,132

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 17.1% of source-year revenue.

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

Asset Growth

50th percentile

-2.1%

Faster asset growth than 50% of similar nonprofits.

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

Revenue Growth

32nd percentile

-22%

Faster revenue growth than 32% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$433,126

Down $9,136 (-2.1%) from 2023

Liabilities

Down

$6,188

Down $2,552 (-29%) from 2023

Net Assets

Down

$426,938

Down $6,584 (-1.5%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin34th percentile

Revenue

Down

$94,478

Down $27,294 (-22%) from 2023

Expenses

Down

$101,062

Down $43,356 (-30%) from 2023

Net Income

Up

-$6,584

Up $16,062 (+71%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$800K$600K$400K$200K$0Assets 2010: $738,133Liabilities 2010: $3,860Net Assets 2010: $734,2732010Assets 2011: $729,401Liabilities 2011: $2,406Net Assets 2011: $726,9952011Assets 2012: $727,668Liabilities 2012: $2,789Net Assets 2012: $724,8792012Assets 2014: $708,323Liabilities 2014: $2,194Net Assets 2014: $706,1292014Assets 2015: $680,990Liabilities 2015: $2,338Net Assets 2015: $678,6522015Assets 2016: $632,545Liabilities 2016: $2,012Net Assets 2016: $630,5332016Assets 2017: $560,458Liabilities 2017: $2,544Net Assets 2017: $557,9142017Assets 2018: $540,218Liabilities 2018: $1,066Net Assets 2018: $539,1522018Assets 2019: $519,823Liabilities 2019: $1,942Net Assets 2019: $517,8812019Assets 2020: $491,810Liabilities 2020: $789Net Assets 2020: $491,0212020Assets 2021: $479,401Liabilities 2021: $1,865Net Assets 2021: $477,5362021Assets 2022: $459,363Liabilities 2022: $3,195Net Assets 2022: $456,1682022Assets 2023: $442,262Liabilities 2023: $8,740Net Assets 2023: $433,5222023Assets 2024: $433,126Liabilities 2024: $6,188Net Assets 2024: $426,9382024

Highlighted filing

2024

Assets$433,126
Liabilities$6,188
Net Assets$426,938
Open 2024 Filing

Operations Trend

Revenue Growth32nd percentile

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

$200K$100K$0-$100KExpenses 2010: $76,7802010Expenses 2011: $88,1762011Expenses 2012: $83,0422012Revenue 2014: $75,951Expenses 2014: $88,772Net Income 2014: -$12,8212014Revenue 2015: $79,064Expenses 2015: $106,541Net Income 2015: -$27,4772015Revenue 2016: $64,348Expenses 2016: $112,467Net Income 2016: -$48,1192016Revenue 2017: $11,186Expenses 2017: $83,805Net Income 2017: -$72,6192017Revenue 2018: $49,428Expenses 2018: $68,190Net Income 2018: -$18,7622018Revenue 2019: $48,765Expenses 2019: $70,036Net Income 2019: -$21,2712019Revenue 2020: $29,194Expenses 2020: $56,054Net Income 2020: -$26,8602020Revenue 2021: $47,359Expenses 2021: $60,844Net Income 2021: -$13,4852021Revenue 2022: $61,318Expenses 2022: $82,686Net Income 2022: -$21,3682022Revenue 2023: $121,772Expenses 2023: $144,418Net Income 2023: -$22,6462023Revenue 2024: $94,478Expenses 2024: $101,062Net Income 2024: -$6,5842024

Highlighted filing

2024

Revenue$94,478
Expenses$101,062
Net Income-$6,584
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$433,126
Liabilities
$6,188
Net assets
$426,938
Revenue
$94,478
Expenses
$101,062
Net income
-$6,584
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.33$0.06$4.27$0.94$1.01$0.07
2023Detailed filing. Detailed filing data is available for this year.$4.42$0.09$4.34$1.22$1.44$0.23
2022Detailed filing. Detailed filing data is available for this year.$4.59$0.03$4.56$0.61$0.83$0.21
2021Detailed filing. Detailed filing data is available for this year.$4.79$0.02$4.78$0.47$0.61$0.13
2020Detailed filing. Detailed filing data is available for this year.$4.92$0.01$4.91$0.29$0.56$0.27
2019Detailed filing. Detailed filing data is available for this year.$5.20$0.02$5.18$0.49$0.70$0.21
2018Detailed filing. Detailed filing data is available for this year.$5.40$0.01$5.39$0.49$0.68$0.19
2017Detailed filing. Detailed filing data is available for this year.$5.60$0.03$5.58$0.11$0.84$0.73
2016Detailed filing. Detailed filing data is available for this year.$6.33$0.02$6.31$0.64$1.12$0.48
2015Detailed filing. Detailed filing data is available for this year.$6.81$0.02$6.79$0.79$1.07$0.27
2014Detailed filing. Detailed filing data is available for this year.$7.08$0.02$7.06$0.76$0.89$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.28$0.03$7.25$0.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.29$0.02$7.27$0.88
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.38$0.04$7.34$0.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 11, 2025
Return Version
2024v5.2
Gross Receipts
$188,485
Mission and Program Overview

Mission

The mission of the Suffolk-Nansemond Historical Society is to collect, preserve, interpret and promote awareness of the history and culture of Suffolk and old Nansemond County for the education and enjoyment of present and future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$237,502$218,990▼ $18,512
Investments in Publicly Traded Securities$109,776$117,915▲ $8,139
Cash and Non-Interest-Bearing Accounts$38,675$61,577▲ $22,902
Pledges and Grants Receivable$20,176$0▼ $20,176
Inventories for Sale or Use$1,769$1,446▼ $323
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$442,262$433,126▼ $9,136
Other Assets Total$34,364$33,198▼ $1,166
Liabilities
Accounts Payable and Accrued Expenses$8,740$6,188▼ $2,552
Total Liabilities$8,740$6,188▼ $2,552
Net Assets / Fund Balance
Net Assets With Donor Restrictions$248,010$245,739▼ $2,271
Net Assets Without Donor Restrictions$185,512$181,199▼ $4,313
Total Net Assets Fund Balance$433,522$426,938▼ $6,584
Total Liabilities and Net Assets / Fund Balance$442,262$433,126▼ $9,136

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$109,619$179,046$288,665
Buildings$107,450$127,550$235,000
Other Land Buildings$1,921$15,636$17,557
Other Assets Org$10,030--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kimberly Blair-GreeneExecutive DirectorFT$16,132$16,132

Board Members and Trustees

NameTitle
Kerry HolmesPresident
Thomas ArthurVice President
Amy FordDirector
E Lee KingDirector
Jordan GraffDirector
Justin SorensenDirector
Kristy McCormallyDirector
Lisa AmosDirector
Ralph NahraDirector
Steve JacksonSecretary
Kermit HobbsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$44,245
Program Service Revenue
$0
Investment Income
$8,073
Other Revenue
$42,160
All Other Contributions
$15,557
Change in Net Assets
$-6,584
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$83,110
Salaries, Compensation, and Employee Benefits$17,427
Total Fundraising Expense$3,376
Grants and Similar Amounts Paid$525
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$16,178$2,334-$18,512
Current Officers, Directors, Trustees, and Key Employees$11,292$2,904$1,936$16,132
Insurance$6,754$403$82$7,239
Occupancy$6,057$438-$6,495
Fees for Services Accounting$2,623$2,623-$5,246
Other Expenses$3,245$360$352$3,605
Office Expenses$2,273$1,012$219$3,504
All Other Expenses$1,353$386$631$2,370
Payroll Taxes$906$233$156$1,295
Fees for Service Investment Mgmnt Fees-$960-$960
Grants to Domestic Orgs$525--$525
Advertising$59$59-$118
Total Functional Expenses$84,370$13,316$3,376$101,062
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60,096
Fundraising Direct Expenses$18,159
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Christmas Candlelight Tours$59,093$59,093$14,307$44,786
Total Events$59,093$59,093$16,607$42,486
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes
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, Part VI, Section B, Line 11B

“The President will review the tax return prior to signing it. If necessary, the President will consult with the Vice President and/or Treasurer.”

Form 990, Part VI, Section B, Line 15B

“The Board of Directors performs annual performance reviews for all employees and determines pay rates/salaries for each employee.”

Form 990, Part VI, Section C, Line 19

“The governing documents, policies and financial statements can be made available to members upon request at the Society's office.”

Filing and Contact Details

Filer

Filer Name
Suffolk Nansemond Historical Society
EIN
54-1703595
Phone
7575392781
Address
P O Box 1255, Suffolk, VA 23434

Signing Officer

Name
Kermit Hobbs
Title
Treasurer
Signed
2025-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerry Holmes
Formed
1966
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
30

Preparer

Firm
Boyce Spady & Moore Plc
Address
1013 W Washington Street, Suffolk, VA 23434
Preparer
Robert M Moore Jr
Phone
7575392953
Supplemental Narrative

Financial Statement Notes

Part III, Line 1A: If organization elected under SFAS 116 to not report are, historical treasures, O

“The Society is the owner of many antique and historical items that were acquired in previous years. The values of these items were not recorded as donations when received and are not recorded in the statement of financial position. The value of these unrecorded collection items is estimated to be $150,000.”

Part III, Line 4: Description of organization'S collections and how it furthers its purpose.

“During 2003 the Society received historical property located at 137 Bank Street in Suffolk, VA At the same time the Society purchased items from this property that were auctioned to the public. Subsequently to the acquisition of this property the Society has purchased or received via donations other historical artifacts that are from the late 1800's and early 1900's. All collection items have been capitalized but are not revenue producing.”

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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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