Civic Intelligence

Nerea Scholarship Foundation

EIN 54-1856427 • 501(c)3 • Virginia Beach, VA

Profile

Scholarship awards to qualified students

PO Box 62189Virginia Beach, VA 23466-2189

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

87th percentile

42%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

94th percentile

128%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

38th percentile

-12%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$6,670

Up $3,747 (+128%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue61st percentileNet Margin87th percentile

Revenue

Down

$8,947

Down $1,207 (-12%) from 2022

Expenses

Down

$5,200

Down $5,035 (-49%) from 2022

Net Income

Up

$3,747

Up $3,828 (+4726%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth94th percentile

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

$40K$30K$20K$10K$0Assets 2011: $21,647Liabilities 2011: $02011Assets 2012: $25,225Net Assets 2012: $25,2252012Assets 2013: $31,552Net Assets 2013: $31,5522013Assets 2014: $24,897Liabilities 2014: $02014Assets 2015: $19,901Net Assets 2015: $19,9012015Assets 2016: $13,655Liabilities 2016: $02016Assets 2017: $10,249Net Assets 2017: $10,2492017Assets 2018: $11,885Net Assets 2018: $11,8852018Assets 2019: $3,669Liabilities 2019: $02019Assets 2020: $2,518Net Assets 2020: $2,5182020Assets 2021: $3,005Net Assets 2021: $3,0052021Assets 2022: $2,923Liabilities 2022: $02022Assets 2023: $6,670Liabilities 2023: $02023

Highlighted filing

2023

Assets$6,670
Liabilities$0
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth38th percentile

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

$20K$10K$0-$10KRevenue 2011: $19,458Expenses 2011: $18,245Net Income 2011: $1,2132011Revenue 2012: $17,790Expenses 2012: $14,212Net Income 2012: $3,5782012Revenue 2013: $14,533Expenses 2013: $8,206Net Income 2013: $6,3272013Revenue 2014: $9,697Expenses 2014: $16,352Net Income 2014: -$6,6552014Revenue 2015: $7,053Expenses 2015: $12,049Net Income 2015: -$4,9962015Revenue 2016: $5,973Expenses 2016: $12,219Net Income 2016: -$6,2462016Revenue 2017: $4,815Expenses 2017: $8,220Net Income 2017: -$3,4052017Revenue 2018: $9,988Expenses 2018: $8,352Net Income 2018: $1,6362018Revenue 2019: $10,037Expenses 2019: $18,253Net Income 2019: -$8,2162019Revenue 2020: $12,330Expenses 2020: $13,481Net Income 2020: -$1,1512020Revenue 2021: $9,327Expenses 2021: $8,839Net Income 2021: $4882021Revenue 2022: $10,154Expenses 2022: $10,235Net Income 2022: -$812022Revenue 2023: $8,947Expenses 2023: $5,200Net Income 2023: $3,7472023

Highlighted filing

2023

Revenue$8,947
Expenses$5,200
Net Income$3,747
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$6,670
Liabilities
$0
Net assets
-
Revenue
$8,947
Expenses
$5,200
Net income
$3,747
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$6.67$0.00$8.95$5.20$3.75
2022Summary only. Only limited summary data is available for this year.$2.92$0.00$10.2$10.2$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$3.01$9.33$8.84$0.49
2020Detailed filing. Detailed filing data is available for this year.$2.52$2.52$12.3$13.5$1.15
2019Summary only. Only limited summary data is available for this year.$3.67$0.00$10.0$18.3$8.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$11.9$9.99$8.35$1.64
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$10.2$4.82$8.22$3.41
2016Summary only. Only limited summary data is available for this year.$13.7$0.00$5.97$12.2$6.25
2015Detailed filing. Detailed filing data is available for this year.$19.9$19.9$7.05$12.0$5.00
2014Summary only. Only limited summary data is available for this year.$24.9$0.00$9.70$16.4$6.66
2013Detailed filing. Detailed filing data is available for this year.$31.6$31.6$14.5$8.21$6.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$25.2$17.8$14.2$3.58
2011Summary only. Only limited summary data is available for this year.$21.6$0.00$19.5$18.2$1.21
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 2, 2021
Return Version
2020v4.1
Gross Receipts
$12,330
Mission and Program Overview

Mission

Scholarship awards to qualified students

Program Services

DescriptionGrantsExpenses
NINE SCHOLARSHIP GRANTS IN THE AMOUNT OF $18,000. ALL SCHOLARSHIP GRANTS WERE SENT DIRECTLY TO THE RESPECTIVE UNIVERSITIES/COLLEGES TO BE APPPLIED TOWARD THE TUITION OF EACH STUDENT--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM T HARPERPresident-$0--
HERB FRIEDLANDVice President-$0--
THOMAS CUNNINGHAMTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Nerea Scholarship Foundation
EIN
54-1856427
Phone
7574974612
Address
PO BOX 62189, VIRGINIA BEACH, VA 23466-2189

Signing Officer

Name
William T Harper
Title
President
Phone
7574974612
Signed
2021-04-02
Discuss with paid preparer
No

Preparer

Firm
Hrb Tax Group Inc
Address
4001 VA BEACH BLVD STE 114, VIRGINIA BEACH, VA 23452
Preparer
Emily Collins
Phone
7573409821
Supplemental Narrative

Additional Explanations

Part 1 Line 10

“James madison university fbo emily ann pryce $2000”

Part 1 Line 10

“UNC FLBO WM VITOLA $2000”

Part 1 Line 10

“Point loma nazarene univ fbo chiara curnow $2000”

Part 1 Line 10

“Villanova univ fbo megan dettloff $2000”

Part 1 Line 10

“Boise state univ fbo micah franklin $2000”

Part 1 Line 10

“Unc charlotte fbo josh riddick $2000”

Part 1 Line 10

“San diego miramar college fbo nicholas salvati $1000”

Raw XML Appendix130 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JAN VAN HEININGEN
IRS990EZ/BooksInCareOfDetail/PhoneNum07577162456
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0900 FLEET DR SUITE 387
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VIRGINIA BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0234542189
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03669
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02518
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012330
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1151
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0150
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03669
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02518
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt013000
IRS990EZ/GrossReceiptsAmt012330
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03669
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02518
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03669
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02518
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM T HARPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HERB FRIEDLAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THOMAS CUNNINGHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SCHOLARSHIP AWARDS TO QUALIFIED STUDENTS
IRS990EZ/PrintingPublicationsPostageAmt0331
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NINE SCHOLARSHIP GRANTS IN THE AMOUNT OF $18,000. ALL SCHOLARSHIP GRANTS WERE SENT DIRECTLY TO THE RESPECTIVE UNIVERSITIES/COLLEGES TO BE APPPLIED TOWARD THE TUITION OF EACH STUDENT
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013481
IRS990EZ/TotalRevenueAmt012330
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt012330
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010037
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt09988
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04815
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt012000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt049170
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt049170
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt012330
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010037
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09988
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04815
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt012000
IRS990ScheduleA/Total509Grp/TotalAmt049170
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt012330
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt010037
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt09988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04815
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt012000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt049170
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JAMES MADISON UNIVERSITY FBO EMILY ANN PRYCE $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNC FLBO WM VITOLA $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POINT LOMA NAZARENE UNIV FBO CHIARA CURNOW $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VILLANOVA UNIV FBO MEGAN DETTLOFF $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOISE STATE UNIV FBO MICAH FRANKLIN $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UNC CHARLOTTE FBO JOSH RIDDICK $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SAN DIEGO MIRAMAR COLLEGE FBO NICHOLAS SALVATI $1000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 1 LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART 1 LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART 1 LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART 1 LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART 1 LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART 1 LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART 1 LINE 10
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM T HARPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07574974612
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEREA SCHOLARSHIP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0NERE
ReturnHeader/Filer/EIN0541856427
ReturnHeader/Filer/PhoneNum07574974612
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 62189
ReturnHeader/Filer/USAddress/CityNm0VIRGINIA BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0234662189
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04001 VA BEACH BLVD STE 114
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VIRGINIA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023452
ReturnHeader/PreparerPersonGrp/PhoneNum07573409821
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Emily Collins
ReturnHeader/ReturnTs02021-04-06T18:07:52Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HARPER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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