Civic Intelligence

Jacobs Ladder Inc.

EIN 54-1717138 • 501(c)3 • Urbanna, VA

Pub. 78 Eligible

Profile

This is an enrichment program for intellectually gifted children in at risk environments.

PO Box 3Urbanna, VA 23175

www.jladder.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

62nd percentile

0.00x

Higher debt load relative to revenue than 62% of similar nonprofits.

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

Net Margin

37th percentile

-4.6%

Higher net margin than 37% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

59th percentile

3.1%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2024

Revenue Growth

63rd percentile

9.1%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2024

Assets

Down

$426,886

Down $22,012 (-4.9%) from 2023

Liabilities

Down

$271

Down $2,219 (-89%) from 2023

Net Assets

Down

$426,615

Down $19,793 (-4.4%) from 2023

Revenue

Down

$427,326

Down $16,796 (-3.8%) from 2023

Expenses

Up

$447,119

Up $58,336 (+15%) from 2023

Net Income

Down

-$19,793

Down $75,132 (-136%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $197,785Liabilities 2010: $9,231Net Assets 2010: $188,5542010Assets 2011: $225,995Liabilities 2011: $7,611Net Assets 2011: $218,3842011Assets 2012: $228,203Liabilities 2012: $8,042Net Assets 2012: $220,1612012Assets 2013: $299,394Liabilities 2013: $6,666Net Assets 2013: $292,7282013Assets 2014: $322,435Liabilities 2014: $7,474Net Assets 2014: $314,9612014Assets 2015: $345,994Liabilities 2015: $6,764Net Assets 2015: $339,2302015Assets 2016: $403,024Liabilities 2016: $547Net Assets 2016: $402,4772016Assets 2017: $374,918Liabilities 2017: $2,330Net Assets 2017: $372,5882017Assets 2018: $337,671Liabilities 2018: $46,443Net Assets 2018: $291,2282018Assets 2019: $381,781Liabilities 2019: $3,105Net Assets 2019: $378,6762019Assets 2020: $420,808Liabilities 2020: $29,337Net Assets 2020: $391,4712020Assets 2021: $389,148Liabilities 2021: $1,950Net Assets 2021: $387,1982021Assets 2022: $409,051Liabilities 2022: $1,544Net Assets 2022: $407,5072022Assets 2023: $448,898Liabilities 2023: $2,490Net Assets 2023: $446,4082023Assets 2024: $426,886Liabilities 2024: $271Net Assets 2024: $426,6152024

Highlighted filing

2024

Assets$426,886
Liabilities$271
Net Assets$426,615

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $255,1652010Expenses 2011: $288,6852011Expenses 2012: $300,3102012Revenue 2013: $334,387Expenses 2013: $291,893Net Income 2013: $42,4942013Revenue 2014: $298,294Expenses 2014: $283,883Net Income 2014: $14,4112014Revenue 2015: $351,157Expenses 2015: $293,296Net Income 2015: $57,8612015Revenue 2016: $340,573Expenses 2016: $306,733Net Income 2016: $33,8402016Revenue 2017: $370,483Expenses 2017: $369,321Net Income 2017: $1,1622017Revenue 2018: $318,318Expenses 2018: $369,619Net Income 2018: -$51,3012018Revenue 2019: $442,752Expenses 2019: $387,238Net Income 2019: $55,5142019Revenue 2020: $240,240Expenses 2020: $227,429Net Income 2020: $12,8112020Revenue 2021: $329,039Expenses 2021: $361,232Net Income 2021: -$32,1932021Revenue 2022: $386,208Expenses 2022: $345,571Net Income 2022: $40,6372022Revenue 2023: $444,122Expenses 2023: $388,783Net Income 2023: $55,3392023Revenue 2024: $427,326Expenses 2024: $447,119Net Income 2024: -$19,7932024

Highlighted filing

2024

Revenue$427,326
Expenses$447,119
Net Income-$19,793

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$0.00$4.27$4.27$4.47$0.20
2023Detailed filing. Detailed filing data is available for this year.$4.49$0.02$4.46$4.44$3.89$0.55
2022Detailed filing. Detailed filing data is available for this year.$4.09$0.02$4.08$3.86$3.46$0.41
2021Detailed filing. Detailed filing data is available for this year.$3.89$0.02$3.87$3.29$3.61$0.32
2020Detailed filing. Detailed filing data is available for this year.$4.21$0.29$3.91$2.40$2.27$0.13
2019Detailed filing. Detailed filing data is available for this year.$3.82$0.03$3.79$4.43$3.87$0.56
2018Detailed filing. Detailed filing data is available for this year.$3.38$0.46$2.91$3.18$3.70$0.51
2017Detailed filing. Detailed filing data is available for this year.$3.75$0.02$3.73$3.70$3.69$0.01
2016Detailed filing. Detailed filing data is available for this year.$4.03$0.01$4.02$3.41$3.07$0.34
2015Detailed filing. Detailed filing data is available for this year.$3.46$0.07$3.39$3.51$2.93$0.58
2014Detailed filing. Detailed filing data is available for this year.$3.22$0.07$3.15$2.98$2.84$0.14
2013Detailed filing. Detailed filing data is available for this year.$2.99$0.07$2.93$3.34$2.92$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.08$2.20$3.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.26$0.08$2.18$2.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.09$1.89$2.55
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$437,854
Mission and Program Overview

Mission

This is an enrichment program for intellectually gifted children in at risk environments.

Please see Schedule O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$223,733$245,427▲ $21,694
Cash and Non-Interest-Bearing Accounts$155,963$181,231▲ $25,268
Savings and Temporary Cash Investments$65,649--
Land, Buildings, and Equipment, Net$3,553$228▼ $3,325
Total Assets$448,898$426,886▼ $22,012
Liabilities
Accounts Payable and Accrued Expenses$2,490$271▼ $2,219
Total Liabilities$2,490$271▼ $2,219
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$446,408$426,615▼ $19,793
Total Net Assets Fund Balance$446,408$426,615▼ $19,793
Total Liabilities and Net Assets / Fund Balance$448,898$426,886▼ $22,012

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$145,763$145,763
Other Land Buildings$228$11,637$11,865
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Catherine CoggeshallExecutive DirectorFT$73,500$4,574$78,074
Revenue and Support

Revenue Composition

Contributions and Grants
$375,528
Program Service Revenue
$0
Investment Income
$22,731
Other Revenue
$29,067
All Other Contributions
$375,528
Change in Net Assets
$-19,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$255,791
Other Expenses$191,328
Total Fundraising Expense$80,103
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$113,825$49,250$71,075$234,150
Office Expenses$13,465$10,865$4,279$28,609
Payroll Taxes$8,551$3,768$4,749$17,068
Fees for Services Accounting$0$15,902$0$15,902
Travel$6,704$7,837$0$14,541
Occupancy$0$11,547$0$11,547
Insurance$0$8,845$0$8,845
Other Employee Benefits$0$4,573$0$4,573
Other Expenses$4,500$0$0$4,500
Depreciation Depletion$3,324$0$0$3,324
Interest$0$3$0$3
Total Functional Expenses$254,426$112,590$80,103$447,119
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,595
Fundraising Direct Expenses$10,528
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Charity Golf Tournament$21,009$21,009$7,948$13,061
Fall BBQ and Shrimp Boil$18,586$18,586$2,580$16,006
Total Events$39,595$39,595$10,528$29,067
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
Audit committee
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Jacob's Ladder Inc
EIN
54-1717138
Phone
8047580712
Address
PO Box 3, Urbanna, VA 23175

Signing Officer

Name
Elizabeth Fidler
Title
Treasurer
Phone
8047580712
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr Charlie Vaughters
Formed
1994
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
16
Employees
23
Volunteers
24

Preparer

Firm
Dooley & Vicars Certified Public
Address
1100 BOULDERS PARKWAY, NORTH CHESTERFIELD, VA 23225
Preparer
Thomas E Turner CPA
Phone
8043552808
Supplemental Narrative

Additional Explanations

Other

Part I, Line 1Typically Jacobs Ladder provides up to five week enrichment programs in the summer for intellectually gifted children identified as being in at risk environments. The program focuses on 4th to 8th graders and the objective is to complete a 5 year cycle of mentoring, coaching and followup to work towards making a college education and higher career aspirations goals of each climber. To enhance the transition to college, Jacobs Ladder, Inc. added several years ago High School Advocacy (HSA)guidance to bolster the efforts of the counselors typically working on high school staff at high schools. This is an attempt to ensure a successful path to college. Jacobs Climber candidates are identified by leaders of gifted programs in Virginia schools. With the cooperation and permission of parents, staff meets with a candidate and begins the process of identifying whether the student has the desire to participate in the enrichment programs and confirming that the profile of the candidate otherwise would meet the qualifications for the program.

Other

Part III, Line 4a Program Service Accomplishments The core of Jacobs Ladder, Inc.s program is an annual summer enrichment program, held in 2024 at St. Margarets School in Tappahannock, VA. There are other parts of the enrichment program that include field trips, planned group gatherings, and a retreat, which are held throughout the year at different venues. In 2024, 14 college students were hired as Resident Advisors. These individuals are required to complete multiple safety certification trainings and plan/direct the daily afternoon activities after the Climbers morning classes. Students attend 18 hours of academic enrichment classes per week, taught by experienced teachers. These enrichment classes cover many topics, including mathematics, percussion, guitar playing, multiple art and science classes, nutrition, geography, and mindfulness. Senior Climbers participated in a 5-day leadership camping trip and hike along Skyline Drive before the start of the summer enrichment camp with the whole group of Climbers. Within the program, Climbers who have moved on to careers return to spend time with the Climbers at camp to emphasize the impact the Jacobs Ladder program has had upon their success and share their stories. Oftentimes, graduated Climbers return to work as summer staff in an RA position or a director position. In 2024, Jacobs Ladder, Inc. continued to fund a High School Advocacy program to track the progress of Climbers as they navigate high school and prepare for the next step beyond graduation. This is helping with the success of the Climbers as they transition to higher education and keep that close bond between the Climbers and Jacobs Ladder. The Middle School Advocate made support visits to each of the middle school Climbers on our roster in the 2023/2024 academic year, and the High School Advocate supported Climbers in grades 9-12 to follow up and monitor student progress. Executive Director Ms. Catherine Coggeshall continued to improve the various programs and executes team improved and enhanced the long-term strategy with an eye toward continued financial health for the organization. Jacobs Ladder served 43 Climbers in the summer program.

Pt VI, Line 11B

Form 990 is provided as a nonattest part of an audit engagement and is reviewed by Board members and Executive Director before submission.

Pt VI, Line 18

Copies are available to the public upon request, but generally are found on Guidestar on the web.

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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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IRS990/MissionDesc0This is an enrichment program for intellectually gifted children in at risk environments.
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt04573
IRS990/OtherExpensesGrp/Desc0Summer Program Venue Cost
IRS990/OtherExpensesGrp/Desc1Camp Instruction
IRS990/OtherExpensesGrp/Desc2Field Trips & Enrichment
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Fundraising 2020: 13397. 2021: 23685. 2022: 34629. 2023: 15337. 2024: 29067.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Charity Golf Tournament
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part I, Line 1Typically Jacobs Ladder provides up to five week enrichment programs in the summer for intellectually gifted children identified as being in at risk environments. The program focuses on 4th to 8th graders and the objective is to complete a 5 year cycle of mentoring, coaching and followup to work towards making a college education and higher career aspirations goals of each climber. To enhance the transition to college, Jacobs Ladder, Inc. added several years ago High School Advocacy (HSA)guidance to bolster the efforts of the counselors typically working on high school staff at high schools. This is an attempt to ensure a successful path to college. Jacobs Climber candidates are identified by leaders of gifted programs in Virginia schools. With the cooperation and permission of parents, staff meets with a candidate and begins the process of identifying whether the student has the desire to participate in the enrichment programs and confirming that the profile of the candidate otherwise would meet the qualifications for the program.

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