Civic Intelligence

Jacobs Ladder Inc.

990 • Fiscal year 2015 • EIN 54-1717138

Jan 01, 2015 to Dec 31, 2015 • Filed on May 27, 2016

PO Box 555Urbanna, VA 23175

(804) 758-0712

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

68th percentile

0.02x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

87th percentile

$32,264

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

59th percentile

7.3%

Faster asset growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$345,994

Up $23,559 (+7.3%) from 2014

Net Assets

Up

$339,230

Up $24,269 (+7.7%) from 2014

Liabilities

Down

$6,764

Down $710 (-9.5%) from 2014

Revenue

Up

$351,157

Up $52,863 (+18%) from 2014

Expenses

Up

$293,296

Up $9,413 (+3.3%) from 2014

Net Income

Up

$57,861

Up $43,450 (+302%) from 2014

Historical Trend

Balance Sheet Trend

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

$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

2015

Assets$345,994
Liabilities$6,764
Net Assets$339,230

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2015

Revenue$351,157
Expenses$293,296
Net Income$57,861
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 27, 2016
Return Version
2015v2.0
Gross Receipts
$375,275
Mission and Program Overview

Mission

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

Providing 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. The summer programs served 72 climbers in 2011.Jacobs Climber candidates are identified by leaders of gifted programs in Virginia and North Carolina 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.As indicated by the reports from management in 2011 all Jacobs Climbers graduating from high school in that cycle were accepted to colleges and universities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$100,551$107,102▲ $6,551
Savings and Temporary Cash Investments$124,056$100,118▼ $23,938
Land, Buildings, and Equipment, Net$40,971$87,050▲ $46,079
Cash and Non-Interest-Bearing Accounts$52,691$49,232▼ $3,459
Receivable From Disqualified Prsn$1,686$1,897▲ $211
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$322,435$345,994▲ $23,559
Other Assets Total$2,480$595▼ $1,885
Liabilities
Accounts Payable and Accrued Expenses$7,474$6,764▼ $710
Total Liabilities$7,474$6,764▼ $710
Net Assets / Fund Balance
Unrestricted Net Assets$268,531$326,392▲ $57,861
Temporarily Rstr Net Assets$46,430$12,838▼ $33,592
Total Net Assets Fund Balance$314,961$339,230▲ $24,269
Total Liabilities and Net Assets / Fund Balance$322,435$345,994▲ $23,559

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,564--
Equipment$83,486$24,087-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Aubrey HallExecutive DirectorFT$32,264$32,264
Revenue and Support

Revenue Composition

Contributions and Grants
$339,110
Program Service Revenue
$0
Investment Income
$-4,652
Other Revenue
$16,699
All Other Contributions
$339,110
Change in Net Assets
$57,861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$147,232
Salaries, Compensation, and Employee Benefits$146,064
Total Fundraising Expense$30,382
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$64,999$13,049$26,908$104,956
Current Officers, Directors, Trustees, and Key Employees$16,132$16,132-$32,264
All Other Expenses$21,372$2,905-$24,277
Payroll Taxes$4,933$1,987$1,924$8,844
Depreciation Depletion$7,465--$7,465
Other Expenses$6,223$7,311-$6,223
Fees for Services Accounting-$3,751-$3,751
Insurance$2,714--$2,714
Conferences and Meetings--$1,550$1,550
Total Functional Expenses$209,814$53,100$30,382$293,296
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,235
Fundraising Direct Expenses$6,536
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Oyster Roast$12,900$12,900$2,782$10,118
Golf Tournament$10,335$10,335$3,754$6,581
Total Events$23,235$23,235$6,536$16,699
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$1,686$1,897▲ $211
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Marguerite Vosteen applies for grants and looks for opportunities that may yield grant funds. The role is critical to maintaining the ties to sources of grant funding and expanding the future sources, as well. She is the daughter of founder and executive director, Aubrey Hall. This is not a full time position for Jacob's Ladder, Inc. and the compensation level reflects that status.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is provided as a nonattest part of an audit engagement and is reviewed by Board members and Executive Director before submission. The Form 990 is based upon the audited financials.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

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

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Jacobs Ladder Inc
EIN
54-1717138
Phone
8047580712
Address
PO Box 555, Urbanna, VA 23175

Signing Officer

Name
E Charles Silver II
Title
Treasurer
Signed
2016-05-27
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Va
Voting Board Members
20
Independent Board Members
20
Employees
24
Volunteers
25

Preparer

Firm
Steven S Hollberg CPA Pc
Address
PO BOX 1180, URBANNA, VA 23175-1180
Preparer
Steven S Hollberg CPA President
Phone
8047581272
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - The $32,000 gift from Memorial Foundation was deferred as revenue for 2015, not for 2014. It appears as a time restricted gift received in 2014, but applies to 2015.Two gifts of $38000 were received mid December and two vehicles were purchased with those funds, as each grant was awarded for the purchase of a van and to coverincidental program costs with any balance. One van was sold, creating a capital loss.

Other Changes In Net Assets Or Fund Balances - Other Increases

M Hall Contingency = $1800

Other Changes In Net Assets Or Fund Balances - Other Decreases

Temp Restricted = -$32000

Other Changes In Net Assets Or Fund Balances - Other Decreases

Temp Restricted = -$3392

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Executive Dir.
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IRS990/FormationYr01994
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt06536
IRS990/FundraisingGrossIncomeAmt023235
IRS990/GainOrLossGrp/OtherAmt0-7582
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GrossReceiptsAmt0375275
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IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndependentVotingMemberCnt020
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
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IRS990/InsuranceGrp/ProgramServicesAmt02714
IRS990/InsuranceGrp/TotalAmt02714
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02930
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt0107102
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IRS990/IRPDocumentCnt00
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IRS990/LegalDomicileStateCd0VA
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IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0This is an enrichment program for intellectually gifted children at risk.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt016699
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt02480
IRS990/OtherAssetsTotalGrp/EOYAmt0595
IRS990/OtherChangesInNetAssetsAmt0-33592
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Room and Board
IRS990/OtherExpensesGrp/Desc1Office Expenses
IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Field Trips
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17311
IRS990/OtherExpensesGrp/ProgramServicesAmt085976
IRS990/OtherExpensesGrp/ProgramServicesAmt16223
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IRS990/OtherExpensesGrp/TotalAmt17965
IRS990/OtherExpensesGrp/TotalAmt27311
IRS990/OtherExpensesGrp/TotalAmt36223
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013049
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064999
IRS990/OtherSalariesAndWagesGrp/TotalAmt0104956
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01924
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01987
IRS990/PayrollTaxesGrp/ProgramServicesAmt04933
IRS990/PayrollTaxesGrp/TotalAmt08844
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0262885
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010077
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0148328
IRS990/PYOtherRevenueAmt025332
IRS990/PYRevenuesLessExpensesAmt014411
IRS990/PYSalariesCompEmpBnftPaidAmt0135555
IRS990/PYTotalExpensesAmt0283883
IRS990/PYTotalRevenueAmt0298294
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt01686
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt01897
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt057861
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0124056

Document Assets

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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