Civic Intelligence

The Randy Custis Memorial Fund

990 • Fiscal year 2018 • EIN 54-1817119

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 24, 2019

10345 Woodstock CTNassawodox, VA 23413

(757) 678-6139

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

94th percentile

60%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

63rd percentile

9.7%

Faster asset growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-56%

Faster revenue growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$457,057

Up $40,281 (+9.7%) from 2017

Net Assets

Up

$457,057

Up $40,281 (+9.7%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$67,744

Down $85,338 (-56%) from 2017

Expenses

Down

$27,377

Down $27,319 (-50%) from 2017

Net Income

Down

$40,367

Down $58,019 (-59%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $301,487Liabilities 2011: $0Net Assets 2011: $301,4872011Assets 2012: $312,035Liabilities 2012: $0Net Assets 2012: $312,0352012Assets 2013: $322,136Liabilities 2013: $0Net Assets 2013: $322,1362013Assets 2014: $326,456Liabilities 2014: $0Net Assets 2014: $326,4562014Assets 2015: $284,777Liabilities 2015: $0Net Assets 2015: $284,7772015Assets 2016: $314,221Liabilities 2016: $0Net Assets 2016: $314,2212016Assets 2017: $416,776Liabilities 2017: $0Net Assets 2017: $416,7762017Assets 2018: $457,057Liabilities 2018: $0Net Assets 2018: $457,0572018Assets 2019: $473,636Liabilities 2019: $0Net Assets 2019: $473,6362019Assets 2020: $484,621Liabilities 2020: $0Net Assets 2020: $484,6212020Assets 2021: $559,727Liabilities 2021: $0Net Assets 2021: $559,7272021Assets 2022: $533,569Liabilities 2022: $0Net Assets 2022: $533,5692022Assets 2023: $547,914Liabilities 2023: $0Net Assets 2023: $547,9142023Assets 2024: $614,512Liabilities 2024: $0Net Assets 2024: $614,5122024

Highlighted filing

2018

Assets$457,057
Liabilities$0
Net Assets$457,057

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $73,198Expenses 2011: $13,168Net Income 2011: $60,0302011Revenue 2012: $38,721Expenses 2012: $30,229Net Income 2012: $8,4922012Revenue 2013: $39,966Expenses 2013: $33,217Net Income 2013: $6,7492013Revenue 2014: $39,480Expenses 2014: $37,075Net Income 2014: $2,4052014Revenue 2015: $33,937Expenses 2015: $76,294Net Income 2015: -$42,3572015Revenue 2016: $87,261Expenses 2016: $59,135Net Income 2016: $28,1262016Revenue 2017: $153,082Expenses 2017: $54,696Net Income 2017: $98,3862017Revenue 2018: $67,744Expenses 2018: $27,377Net Income 2018: $40,3672018Revenue 2019: $59,201Expenses 2019: $46,814Net Income 2019: $12,3872019Revenue 2020: $40,470Expenses 2020: $34,546Net Income 2020: $5,9242020Revenue 2021: $103,682Expenses 2021: $39,489Net Income 2021: $64,1932021Revenue 2022: $23,017Expenses 2022: $45,539Net Income 2022: -$22,5222022Revenue 2023: $56,172Expenses 2023: $41,827Net Income 2023: $14,3452023Revenue 2024: $108,164Expenses 2024: $41,566Net Income 2024: $66,5982024

Highlighted filing

2018

Revenue$67,744
Expenses$27,377
Net Income$40,367
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 24, 2019
Return Version
2018v3.1
Gross Receipts
$69,857
Mission and Program Overview

Mission

Own, maintain, and operate youth baseball, softball, soccer, field hockey, volleyball, and football fields in nassawadox, virginia that is supported by private contributions of money and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$416,776$457,057▲ $40,281
Land, Buildings, and Equipment, Net$347,593$365,424▲ $17,831
Cash and Non-Interest-Bearing Accounts$31,598$44,381▲ $12,783
Investments in Publicly Traded Securities$37,585$37,250▼ $335
Savings and Temporary Cash Investments-$10,002-
Total Assets$416,776$457,057▲ $40,281
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$416,776$457,057▲ $40,281
Total Liabilities and Net Assets / Fund Balance$416,776$457,057▲ $40,281

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$130,945$29,998$160,943
Land$121,393-$121,393
Buildings$80,152$28,111$108,263
Equipment$32,934$23,260$56,194

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$37,585-▼ $86-$37,250
2017$33,682-▲ $4,144-$37,585
2016----$33,682
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$41,198
Program Service Revenue
$2,750
Investment Income
$2
Other Revenue
$23,794
All Other Contributions
$700
Change in Net Assets
$40,367
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$27,377
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$12,597--$12,597
Occupancy$6,754--$6,754
Insurance$6,548--$6,548
Conferences and Meetings$600--$600
Fees for Service Investment Mgmnt Fees$249--$249
Information Technology$216--$216
Fees for Services Legal$175--$175
Other Expenses$25--$25
Office Expenses$17--$17
Total Functional Expenses$27,377$0$0$27,377
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,907
Fundraising Direct Expenses$2,113
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Ove$33,381$25,627$2,113$23,514
Total Events$33,381$25,627$2,113$23,514
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
Backup withholding compliance
Yes
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 2

Cathy doughty david doughty director director married

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed at a regularly scheduled meeting of the board of directors.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Randy Custis Memorial Fund
EIN
54-1817119
Address
10345 WOODSTOCK CT, NASSAWODOX, VA 23413

Signing Officer

Name
Jennifer Rippon
Title
Treasurer
Signed
2019-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Holloway
Formed
1996
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
14
Employees
0
Volunteers
50

Preparer

Firm
Ginsberg Nottingham & Mapp
Address
PO BOX 416, ACCOMAC, VA 23301-0416
Preparer
Thomas J Mapp Jr CPA
Phone
7577874700
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers included grounds maintenance, coaches, umpires, referees, concessions, events, and construction of facilties.

Form 990, Page 2, Part III, Line 4D

Provided, maintained, and operated youth baseball, softball, soccer, field hockey, volleyball, and football fields serving northampton and accomack counties on the eastern shore of virginia. Made significant improvements to the facilities.

Form 990, Part XI, Line 9

Market value - hampton roads foundation -86

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0105730
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt045825
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053900
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0112579
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt088996
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt045825
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt053900
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0371157
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/BuildingsGrp/BookValueAmt080152
IRS990ScheduleD/BuildingsGrp/DepreciationAmt028111
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0108263
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0249
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt037585
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt037250
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-86
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0241
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt033682
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt037585
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04144
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt033682
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt032934
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023260
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt056194
IRS990ScheduleD/LandGrp/BookValueAmt0121393
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0121393
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0130945
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029998
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0160943
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0365424
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02113
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING OVE
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt033381
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt025627
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS INCLUDED GROUNDS MAINTENANCE, COACHES, UMPIRES, REFEREES, CONCESSIONS, EVENTS, AND CONSTRUCTION OF FACILTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDED, MAINTAINED, AND OPERATED YOUTH BASEBALL, SOFTBALL, SOCCER, FIELD HOCKEY, VOLLEYBALL, AND FOOTBALL FIELDS SERVING NORTHAMPTON AND ACCOMACK COUNTIES ON THE EASTERN SHORE OF VIRGINIA. MADE SIGNIFICANT IMPROVEMENTS TO THE FACILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATHY DOUGHTY DAVID DOUGHTY DIRECTOR DIRECTOR MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED AT A REGULARLY SCHEDULED MEETING OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MARKET VALUE - HAMPTON ROADS FOUNDATION -86
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0457057
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IRS990/TotalAssetsGrp/EOYAmt0457057
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt027377
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0416776
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0457057
IRS990/TotalProgramServiceExpensesAmt027377
IRS990/TotalProgramServiceRevenueAmt02750
IRS990/TotalRevenueGrp/ExclusionAmt026544
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt067744
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0416776
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0457057
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 237
IRS990/USAddress/CityNm0NASSAWADOX
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023413
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0HTTPS://WWW.RANDYCUSTISPARK.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.15$0.00$6.15$1.08$0.42$0.67
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.48$0.00$5.48$0.56$0.42$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.34$0.00$5.34$0.23$0.46$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.60$0.00$5.60$1.04$0.39$0.64
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.85$0.00$4.85$0.40$0.35$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.74$0.00$4.74$0.59$0.47$0.12
2018Detailed filing. Detailed filing data is available for this year.$4.57$0.00$4.57$0.68$0.27$0.40
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.17$0.00$4.17$1.53$0.55$0.98
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.00$3.14$0.87$0.59$0.28
2015Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$0.34$0.76$0.42
2014Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.39$0.37$0.02
2013Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$0.40$0.33$0.07
2012Summary only. Only limited summary data is available for this year.$3.12$0.00$3.12$0.39$0.30$0.08
2011Summary only. Only limited summary data is available for this year.$3.01$0.00$3.01$0.73$0.13$0.60