Civic Intelligence

Virginia Coalfield Coalition Inc.

990 • Fiscal year 2017 • EIN 54-1921859

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

P O Box 548Lebanon, VA 24266

(276) 889-1778

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.07x

Higher debt load relative to assets than 32% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

2.98x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

2nd percentile

-169%

Higher net margin than 2% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

16th percentile

-4.0%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

15th percentile

-13%

Faster revenue growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$18,192,630

Down $767,303 (-4.0%) from 2016

Net Assets

Down

$16,841,477

Down $766,370 (-4.4%) from 2016

Liabilities

Down

$1,351,153

Down $933 (-0.1%) from 2016

Revenue

Down

$453,000

Down $65,939 (-13%) from 2016

Expenses

Up

$1,219,369

Up $884,950 (+265%) from 2016

Net Income

Down

-$766,369

Down $950,889 (-515%) from 2016

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $6,927,114Liabilities 2010: $6,650Net Assets 2010: $6,920,4642010Assets 2011: $6,677,170Liabilities 2011: $29,791Net Assets 2011: $6,647,3792011Assets 2012: $9,624,211Liabilities 2012: $1,300,053Net Assets 2012: $8,324,1582012Assets 2013: $17,838,626Liabilities 2013: $1,996,468Net Assets 2013: $15,842,1582013Assets 2014: $17,913,091Liabilities 2014: $352,699Net Assets 2014: $17,560,3922014Assets 2015: $18,916,588Liabilities 2015: $1,197,418Net Assets 2015: $17,719,1702015Assets 2016: $18,959,933Liabilities 2016: $1,352,086Net Assets 2016: $17,607,8472016Assets 2017: $18,192,630Liabilities 2017: $1,351,153Net Assets 2017: $16,841,4772017Assets 2018: $17,517,923Liabilities 2018: $1,474,764Net Assets 2018: $16,043,1592018Assets 2019: $16,517,984Liabilities 2019: $1,447,057Net Assets 2019: $15,070,9272019Assets 2020: $16,157,750Liabilities 2020: $1,512,000Net Assets 2020: $14,645,7502020Assets 2021: $15,855,826Liabilities 2021: $1,531,321Net Assets 2021: $14,324,5052021Assets 2022: $15,539,494Liabilities 2022: $1,614,257Net Assets 2022: $13,925,2372022Assets 2023: $15,192,971Liabilities 2023: $1,636,614Net Assets 2023: $13,556,3572023Assets 2024: $14,655,437Liabilities 2024: $1,722,174Net Assets 2024: $12,933,2632024

Highlighted filing

2017

Assets$18,192,630
Liabilities$1,351,153
Net Assets$16,841,477

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $302,5922010Expenses 2011: $300,6992011Expenses 2012: $302,3762012Expenses 2013: $362,1452013Revenue 2014: $2,245,581Expenses 2014: $524,727Net Income 2014: $1,720,8542014Revenue 2015: $712,037Expenses 2015: $257,418Net Income 2015: $454,6192015Revenue 2016: $518,939Expenses 2016: $334,419Net Income 2016: $184,5202016Revenue 2017: $453,000Expenses 2017: $1,219,369Net Income 2017: -$766,3692017Revenue 2018: $637,225Expenses 2018: $1,435,575Net Income 2018: -$798,3502018Revenue 2019: $491,971Expenses 2019: $1,464,203Net Income 2019: -$972,2322019Revenue 2020: $1,148,929Expenses 2020: $1,574,106Net Income 2020: -$425,1772020Revenue 2021: $1,388,700Expenses 2021: $1,709,945Net Income 2021: -$321,2452021Revenue 2022: $1,326,593Expenses 2022: $1,725,864Net Income 2022: -$399,2712022Revenue 2023: $1,484,748Expenses 2023: $1,853,628Net Income 2023: -$368,8802023Revenue 2024: $1,494,056Expenses 2024: $2,117,150Net Income 2024: -$623,0942024

Highlighted filing

2017

Revenue$453,000
Expenses$1,219,369
Net Income-$766,369
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$453,000
Mission and Program Overview

Mission

Virginia coalfield coalition, inc is a nonprofit corporation organized for the purpose of creating a regional cooperative effort between the cumberland plateau planning district commission, lenowisco planning district commission and local governmental units. Funds will be used to promote economic development in the coalfield region of the state of virginia

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,637,099$17,797,157▼ $839,942
Cash and Non-Interest-Bearing Accounts$316,379$389,702▲ $73,323
Prepaid Expenses and Deferred Charges$2,785$3,564▲ $779
Pledges and Grants Receivable$3,669$2,207▼ $1,462
Total Assets$18,959,932$18,192,630▼ $767,302
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,266,684$1,266,684→ $0
Accounts Payable and Accrued Expenses$85,402$84,469▼ $933
Total Liabilities$1,352,086$1,351,153▼ $933
Net Assets / Fund Balance
Temporarily Rstr Net Assets$17,370,414$16,530,441▼ $839,973
Unrestricted Net Assets$237,432$311,036▲ $73,604
Total Net Assets Fund Balance$17,607,846$16,841,477▼ $766,369
Total Liabilities and Net Assets / Fund Balance$18,959,932$18,192,630▼ $767,302

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,797,157$3,202,723$20,999,880
Compensation and Service Providers

Board Members and Trustees

NameTitle
Seth WhiteChairperson
Danny BrownDirector
David YatesDirector
Delano SykesDirector
Joe HerronDirector
John AbshnerDirector
Joseph PuckettDirector
Larry VicarsDirector
Roger RifeDirector
Jim BaldwinCEO
Robert Robbins JrSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$453,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$453,000
Change in Net Assets
$-766,369

Audited Revenue Reconciliation

Revenue per Audited Statements
$453,000
Total Revenue per Audited Statements
$453,000
Total Revenue per Form 990
$453,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,219,369
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$835,837--$835,837
Fees for Services Other$320,374--$320,374
Occupancy$32,107--$32,107
Insurance$19,001--$19,001
Fees for Services Accounting-$9,941-$9,941
Office Expenses$1,283--$1,283
Conferences and Meetings$826--$826
Total Functional Expenses$1,209,428$9,941$0$1,219,369

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,219,369
Total Expenses per Audited Statements$1,219,369
Total Expenses per Form 990$1,219,369
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Virginia Coalfield Coalition Inc
EIN
54-1921859
Phone
2768891778
Address
P O BOX 548, LEBANON, VA 24266

Signing Officer

Name
Jim Baldwin
Title
CEO
Phone
5408891778
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Baldwin
Formed
1995
Legal Domicile
Va
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Bostic Tucker & Company Pc
Address
PO BOX 505, LEBANON, VA 24266-0505
Preparer
Ronald C Bostic
Phone
2768893103
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Virginia coalfield coalition, inc is a nonprofit corporation organized for the purpose of creating a regional cooperative effort between the cumberland plateau planning district commission, lenowisco planning district commission and local governmental units. Funds will be used to promote economic development in the coalfield region of the state of virginia

Form 990, Part IX, Line 11G

Monitoring 2,560 0 0 project expenses 317,814 0 0 total 320,374 0 0

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VIRGINIA COALFIELD COALITION, INC IS A NONPROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF CREATING A REGIONAL COOPERATIVE EFFORT BETWEEN THE CUMBERLAND PLATEAU PLANNING DISTRICT COMMISSION, LENOWISCO PLANNING DISTRICT COMMISSION AND LOCAL GOVERNMENTAL UNITS. FUNDS WILL BE USED TO PROMOTE ECONOMIC DEVELOPMENT IN THE COALFIELD REGION OF THE STATE OF VIRGINIA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MONITORING 2,560 0 0 PROJECT EXPENSES 317,814 0 0 TOTAL 320,374 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01209428
IRS990/TotalFunctionalExpensesGrp/TotalAmt01219369
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01352086
IRS990/TotalLiabilitiesEOYAmt01351153
IRS990/TotalLiabilitiesGrp/BOYAmt01352086
IRS990/TotalLiabilitiesGrp/EOYAmt01351153
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017607846
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt016841477
IRS990/TotalProgramServiceExpensesAmt01209428
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0453000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018959932
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018192630
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0237432
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0311036
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0CPPDC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM BALDWIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05408891778
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA COALFIELD COALITION INC
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0541921859
ReturnHeader/Filer/PhoneNum02768891778
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 548
ReturnHeader/Filer/USAddress/CityNm0LEBANON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024266
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FF48F1910A8A23D867153010E61989E65398F286
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0444BEC7916FFAB90BCBA67D2F6BB316DE78CC132
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541455972
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOSTIC TUCKER & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 505
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEBANON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0242660505
ReturnHeader/PreparerPersonGrp/PhoneNum02768893103
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD C BOSTIC
ReturnHeader/ReturnTs02018-05-15T15:39:13-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.7$1.72$12.9$1.49$2.12$0.62
2023Detailed filing. Detailed filing data is available for this year.$15.2$1.64$13.6$1.48$1.85$0.37
2022Detailed filing. Detailed filing data is available for this year.$15.5$1.61$13.9$1.33$1.73$0.40
2021Detailed filing. Detailed filing data is available for this year.$15.9$1.53$14.3$1.39$1.71$0.32
2020Detailed filing. Detailed filing data is available for this year.$16.2$1.51$14.6$1.15$1.57$0.43
2019Detailed filing. Detailed filing data is available for this year.$16.5$1.45$15.1$0.49$1.46$0.97
2018Detailed filing. Detailed filing data is available for this year.$17.5$1.47$16.0$0.64$1.44$0.80
2017Detailed filing. Detailed filing data is available for this year.$18.2$1.35$16.8$0.45$1.22$0.77
2016Detailed filing. Detailed filing data is available for this year.$19.0$1.35$17.6$0.52$0.33$0.18
2015Detailed filing. Detailed filing data is available for this year.$18.9$1.20$17.7$0.71$0.26$0.45
2014Detailed filing. Detailed filing data is available for this year.$17.9$0.35$17.6$2.25$0.52$1.72
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$2.00$15.8$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.62$1.30$8.32$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.68$0.03$6.65$0.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.93$0.01$6.92$0.30