Civic Intelligence

P&Hcc Real Estate Foundation Inc.

990 • Fiscal year 2014 • EIN 54-1921978

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 17, 2015

645 Patriot Ave24112

(276) 656-0250

Siviq Scores

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

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

99th percentile

96%

Higher net margin than 99% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

98th percentile

306%

Faster asset growth than 98% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

99th percentile

1309%

Faster revenue growth than 99% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$637,427

Up $480,408 (+306%) from 2013

Net Assets

Up

$633,136

Up $477,965 (+308%) from 2013

Liabilities

Up

$4,291

Up $2,443 (+132%) from 2013

Revenue

Up

$500,288

Up $464,786 (+1309%) from 2013

Expenses

Down

$22,324

Down $16,007 (-42%) from 2013

Net Income

Up

$477,964

Up $480,793 (+16995%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $160,603Liabilities 2011: $1,781Net Assets 2011: $158,8222011Assets 2012: $160,082Liabilities 2012: $2,082Net Assets 2012: $158,0002012Assets 2013: $157,019Liabilities 2013: $1,848Net Assets 2013: $155,1712013Assets 2014: $637,427Liabilities 2014: $4,291Net Assets 2014: $633,1362014Assets 2015: $1,047,392Liabilities 2015: $3,640Net Assets 2015: $1,043,7522015Assets 2016: $1,031,599Liabilities 2016: $1,338Net Assets 2016: $1,030,2612016Assets 2017: $1,012,074Liabilities 2017: $69Net Assets 2017: $1,012,0052017Assets 2018: $994,836Liabilities 2018: $1,555Net Assets 2018: $993,2812018Assets 2019: $980,475Liabilities 2019: $1,611Net Assets 2019: $978,8642019Assets 2020: $884,430Liabilities 2020: $0Net Assets 2020: $884,4302020Assets 2021: $844,215Liabilities 2021: $0Net Assets 2021: $844,2152021Assets 2023: $792,972Liabilities 2023: $0Net Assets 2023: $792,9722023Assets 2024: $769,972Liabilities 2024: $0Net Assets 2024: $769,9722024Assets 2025: $751,358Liabilities 2025: $2,181Net Assets 2025: $749,1772025

Highlighted filing

2014

Assets$637,427
Liabilities$4,291
Net Assets$633,136

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $31,283Expenses 2011: $30,829Net Income 2011: $4542011Revenue 2012: $34,208Expenses 2012: $35,030Net Income 2012: -$8222012Revenue 2013: $35,502Expenses 2013: $38,331Net Income 2013: -$2,8292013Revenue 2014: $500,288Expenses 2014: $22,324Net Income 2014: $477,9642014Revenue 2015: $437,125Expenses 2015: $26,510Net Income 2015: $410,6152015Revenue 2016: $67,737Expenses 2016: $81,228Net Income 2016: -$13,4912016Revenue 2017: $114,046Expenses 2017: $132,301Net Income 2017: -$18,2552017Revenue 2018: $55,001Expenses 2018: $73,725Net Income 2018: -$18,7242018Revenue 2019: $66,886Expenses 2019: $81,303Net Income 2019: -$14,4172019Revenue 2020: -$9,418Expenses 2020: $85,016Net Income 2020: -$94,4342020Revenue 2021: $52,449Expenses 2021: $92,664Net Income 2021: -$40,2152021Revenue 2023: $57,510Expenses 2023: $77,734Net Income 2023: -$20,2242023Revenue 2024: $55,013Expenses 2024: $78,013Net Income 2024: -$23,0002024Revenue 2025: $57,500Expenses 2025: $78,295Net Income 2025: -$20,7952025

Highlighted filing

2014

Revenue$500,288
Expenses$22,324
Net Income$477,964
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 17, 2015
Return Version
2013v4.0
Gross Receipts
$698,192
Mission and Program Overview

Mission

To manage real property and proceeds of the sales thereof, and leases of property for the benefit of patrick henry community college foundation.

To deal with real property and the proceeds thereof, and leases of property for the benefit of Patrick Henry Community College Foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$150,000$575,000▲ $425,000
Accounts Receivable-$35,559-
Cash and Non-Interest-Bearing Accounts$7,020$24,902▲ $17,882
Total Assets$157,020$637,427▲ $480,407
Other Assets Total-$1,966-
Liabilities
Accounts Payable and Accrued Expenses$1,848$4,291▲ $2,443
Total Liabilities$1,848$4,291▲ $2,443
Net Assets / Fund Balance
Temporarily Rstr Net Assets$14,132$589,132▲ $575,000
Permanently Rstr Net Assets$150,000$0▼ $150,000
Unrestricted Net Assets$-8,960$44,004▲ $52,964
Total Net Assets Fund Balance$155,172$633,136▲ $477,964
Total Liabilities and Net Assets / Fund Balance$157,020$637,427▲ $480,407

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$523,250-$523,250
Land$51,750-$51,750
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gary CollinsPresident
James L Beckner JrVice President
Amy LampeDirector
Angeline GodwinDirector
Bill GoadDirector
Bill KirbyDirector
Brian NicholsDirector
Carolyn ShoughDirector
David PurvisDirector
Doug PayneDirector
GB Washburn JrDirector
James MuehleckDirector
Jason MuehleckDirector
Joe VippermanDirector
Kelly WittDirector
Kevin LaineDirector
Kimble ReynoldsDirector
Len DillonDirector
Linda GaleDirector
Margie EasonDirector
Marty DavisDirector
Nancy MooreDirector
Paulette SimingtonDirector
Ralph LawsonDirector
Ron HaleyDirector
Sebrena SmithDirector
Tim MartinDirector
Pam AllenSecretary
Smith Chaney JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$575,000
Program Service Revenue
$0
Investment Income
$-105,189
Other Revenue
$30,477
All Other Contributions
$575,000
Change in Net Assets
$477,964

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$575,000Appraisal
Total Noncash Contributions1$575,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,324
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
Other Expenses-$9,394-$9,394
Total Functional Expenses$0$22,324$0$22,324
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
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

A copy of Form 990, either paper or a PDF file, was provided to each voting member of the foundation's board of directors for review before filing.

Form 990, Part VI, Section C, line 19

The Foundation makes it governing documents, conflict of interest policy, and financial statements available to the public upon request, either for viewing in the Foundation's office or providing copies to the requester.

Filing and Contact Details

Filer

EIN
54-1921978
Phone
2766560250

Signing Officer

Name
J Smith Chaney
Title
Treasurer
Phone
2766560250
Signed
2015-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Smith Chaney
Formed
1998
Legal Domicile
Va
Voting Board Members
29
Independent Board Members
29
Employees
0
Volunteers
0

Preparer

Preparer
James K Sells CPA
Phone
2766383904
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The review process has not changed from the prior year.

Raw XML AppendixShowing 400 of 516 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Gary Collins
IRS990/Form990PartVIISectionAGrp/PersonNm1James L Beckner Jr
IRS990/Form990PartVIISectionAGrp/PersonNm2Smith Chaney Jr
IRS990/Form990PartVIISectionAGrp/PersonNm3Pam Allen
IRS990/Form990PartVIISectionAGrp/PersonNm4Marty Davis
IRS990/Form990PartVIISectionAGrp/PersonNm5Len Dillon
IRS990/Form990PartVIISectionAGrp/PersonNm6Margie Eason
IRS990/Form990PartVIISectionAGrp/PersonNm7Linda Gale
IRS990/Form990PartVIISectionAGrp/PersonNm8Bill Goad
IRS990/Form990PartVIISectionAGrp/PersonNm9Angeline Godwin
IRS990/Form990PartVIISectionAGrp/PersonNm10Ron Haley
IRS990/Form990PartVIISectionAGrp/PersonNm11Bill Kirby
IRS990/Form990PartVIISectionAGrp/PersonNm12Kevin Laine
IRS990/Form990PartVIISectionAGrp/PersonNm13Amy Lampe
IRS990/Form990PartVIISectionAGrp/PersonNm14Ralph Lawson
IRS990/Form990PartVIISectionAGrp/PersonNm15Tim Martin
IRS990/Form990PartVIISectionAGrp/PersonNm16Nancy Moore
IRS990/Form990PartVIISectionAGrp/PersonNm17James Muehleck
IRS990/Form990PartVIISectionAGrp/PersonNm18Jason Muehleck
IRS990/Form990PartVIISectionAGrp/PersonNm19Brian Nichols
IRS990/Form990PartVIISectionAGrp/PersonNm20Doug Payne
IRS990/Form990PartVIISectionAGrp/PersonNm21David Purvis
IRS990/Form990PartVIISectionAGrp/PersonNm22Kimble Reynolds
IRS990/Form990PartVIISectionAGrp/PersonNm23Carolyn Shough
IRS990/Form990PartVIISectionAGrp/PersonNm24Paulette Simington
IRS990/Form990PartVIISectionAGrp/PersonNm25Sebrena Smith
IRS990/Form990PartVIISectionAGrp/PersonNm26Joe Vipperman
IRS990/Form990PartVIISectionAGrp/PersonNm27GB Washburn Jr
IRS990/Form990PartVIISectionAGrp/PersonNm28Kelly Witt
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
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IRS990/FormationYr01998
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt050000
IRS990/GrossReceiptsAmt0698192
IRS990/GrossRentsGrp/RealAmt073192
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndivRcvdGreaterThan100KCnt00
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IRS990/InvestmentInJointVentureInd00
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IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0155189
IRS990/LessRentalExpensesGrp/RealAmt042715
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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IRS990/MoreThan5000KToOrgInd00
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IRS990/OtherExpensesGrp/TotalAmt19394
IRS990/PartialLiquidationInd00
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IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/LandGrp/BookValueAmt051750
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.00$0.75$0.06$0.08$0.02
2024Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.06$0.08$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.06$0.08$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.05$0.09$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.01$0.09$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.07$0.08$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.06$0.07$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.11$0.13$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.07$0.08$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.04$0.44$0.03$0.41
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.63$0.50$0.02$0.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.04$0.04$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.03$0.04$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.03$0.03$0.00