Civic Intelligence

Dan River Business Development Center

990 • Fiscal year 2019 • EIN 54-1944252

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 13, 2020

Organization ProfileWWW.DRDBC.COM
300 Ringgold Industrial ParkwayDanville, VA 24540

(434) 793-9100

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.02x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

50th percentile

3.3%

Higher net margin than 50% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

15th percentile

-19%

Faster revenue growth than 15% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$381,816

Up $42,028 (+12%) from 2018

Net Assets

Up

$373,910

Up $42,453 (+13%) from 2018

Liabilities

Down

$7,906

Down $425 (-5.1%) from 2018

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin50th percentile

Revenue

Down

$1,277,377

Down $308,625 (-19%) from 2018

Expenses

Down

$1,234,924

Down $461,728 (-27%) from 2018

Net Income

Up

$42,453

Up $153,103 (+138%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$800K$600K$400K$200K$0Assets 2011: $641,753Liabilities 2011: $238,596Net Assets 2011: $403,1572011Assets 2012: $399,459Liabilities 2012: $20,800Net Assets 2012: $378,6592012Assets 2013: $351,293Liabilities 2013: $8,611Net Assets 2013: $342,6822013Assets 2014: $336,388Liabilities 2014: $10,717Net Assets 2014: $325,6712014Assets 2015: $327,518Liabilities 2015: $8,733Net Assets 2015: $318,7852015Assets 2016: $342,951Liabilities 2016: $8,558Net Assets 2016: $334,3932016Assets 2017: $453,621Liabilities 2017: $11,514Net Assets 2017: $442,1072017Assets 2018: $339,788Liabilities 2018: $8,331Net Assets 2018: $331,4572018Assets 2019: $381,816Liabilities 2019: $7,906Net Assets 2019: $373,9102019Assets 2020: $429,067Liabilities 2020: $17,606Net Assets 2020: $411,4612020Assets 2021: $466,687Liabilities 2021: $22,521Net Assets 2021: $444,1662021Assets 2022: $481,778Liabilities 2022: $6,867Net Assets 2022: $474,9112022Assets 2023: $503,000Liabilities 2023: $9,096Net Assets 2023: $493,9042023Assets 2024: $521,240Liabilities 2024: $9,250Net Assets 2024: $511,9902024Assets 2025: $511,378Liabilities 2025: $9,420Net Assets 2025: $501,9582025

Highlighted filing

2019

Assets$381,816
Liabilities$7,906
Net Assets$373,910
Open 2019 Filing

Operations Trend

Revenue Growth15th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,424,829Expenses 2011: $1,354,726Net Income 2011: $70,1032011Revenue 2012: $713,404Expenses 2012: $737,902Net Income 2012: -$24,4982012Expenses 2013: $964,3362013Revenue 2014: $798,020Expenses 2014: $815,031Net Income 2014: -$17,0112014Revenue 2015: $1,915,250Expenses 2015: $1,922,136Net Income 2015: -$6,8862015Revenue 2016: $801,898Expenses 2016: $786,290Net Income 2016: $15,6082016Revenue 2017: $1,732,665Expenses 2017: $1,624,951Net Income 2017: $107,7142017Revenue 2018: $1,586,002Expenses 2018: $1,696,652Net Income 2018: -$110,6502018Revenue 2019: $1,277,377Expenses 2019: $1,234,924Net Income 2019: $42,4532019Revenue 2020: $916,813Expenses 2020: $879,262Net Income 2020: $37,5512020Revenue 2021: $311,296Expenses 2021: $278,591Net Income 2021: $32,7052021Revenue 2022: $543,834Expenses 2022: $528,728Net Income 2022: $15,1062022Revenue 2023: $598,663Expenses 2023: $579,670Net Income 2023: $18,9932023Revenue 2024: $296,984Expenses 2024: $278,898Net Income 2024: $18,0862024Revenue 2025: $286,819Expenses 2025: $296,851Net Income 2025: -$10,0322025

Highlighted filing

2019

Revenue$1,277,377
Expenses$1,234,924
Net Income$42,453
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 13, 2020
Return Version
2018v3.1
Gross Receipts
$1,277,377
Mission and Program Overview

Mission

To provide educational opportunities to entrepeneurs and to attract, assist and encourage emerging service, technology and light manufacturing businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$201,175$214,605▲ $13,430
Accounts Receivable$45,380$86,228▲ $40,848
Cash and Non-Interest-Bearing Accounts$60,043$46,733▼ $13,310
Savings and Temporary Cash Investments$33,190$34,250▲ $1,060
Total Assets$339,788$381,816▲ $42,028
Liabilities
Other Liabilities$6,903$6,416▼ $487
Accounts Payable and Accrued Expenses$1,428$1,490▲ $62
Total Liabilities$8,331$7,906▼ $425
Net Assets / Fund Balance
Unrestricted Net Assets$331,457$373,910▲ $42,453
Total Net Assets Fund Balance$331,457$373,910▲ $42,453
Total Liabilities and Net Assets / Fund Balance$339,788$381,816▲ $42,028

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$159,694$392,264$551,958
Equipment$13,598$148,168$161,766
Land$41,313-$41,313
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Donnie StevensChairman
Shannon HairVice Chairman
David M SmithermanDirector
James BucknerDirector
Jim BebeauDirector
Joe B DavisDirector
Ken LarkingDirector
Matthew D RoweDirector
Telly TuckerSecretary
Jeffrey BondTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,101,316
Program Service Revenue
$175,025
Investment Income
$69
Other Revenue
$967
All Other Contributions
$1,001,316
Change in Net Assets
$42,453

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,277,377
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,277,377
Total Revenue per Form 990
$1,277,377
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$941,316
Other Expenses$189,291
Salaries, Compensation, and Employee Benefits$104,317
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$941,316--$941,316
Other Salaries and Wages$58,142$38,762-$96,904
Depreciation Depletion$15,834$10,556-$26,390
Information Technology$8,134$5,422-$13,556
Insurance$6,134$4,089-$10,223
All Other Expenses$5,745$3,830-$9,575
Other Expenses$4,774$3,182-$7,956
Payroll Taxes$4,448$2,965-$7,413
Office Expenses$3,467$2,312-$5,779
Fees for Services Accounting$2,435$2,435-$4,870
Travel$729--$729
Fees for Services Legal$50$50-$100
Total Functional Expenses$1,117,276$117,648$0$1,234,924

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,234,924
Total Expenses per Audited Statements$1,234,924
Total Expenses per Form 990$1,234,924
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tyton Bioscineces CorporationDanville, VA-To Provide Educational Opportunities to Entrepeneurs and to Attract, Assist and Encourage Emerging Service, Technology and Light Manufacturing Businesses.$607,785
Irflex CorporationDanville, VA-To Provide Educational Opportunities to Entrepeneurs and to Attract, Assist and Encourage Emerging Service, Technology and Light Manufacturing Businesses.$333,531
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$4,433
Accrued Wages$1,842
Accrued and Withheld Payroll Taxes$141
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board of directors reviews and approves the form 990 informational return before filing.”

Form 990, Part VI, Section B, Line 12C

“The organization considers the conflict of interest policy during board meetings, and takes appropriate measures, according to the policy, if a conflict of interest should arise.”

Form 990, Part VI, Section B, Line 15A

“Compensation for top official compensation and annual raises are determined by the board of directors based on comparable positions and other relevant data.”

Form 990, Part VI, Section C, Line 19

“The documents are available upon request of the chairman of the board of directors of the organization.”

Filing and Contact Details

Filer

Filer Name
Dan River Business Development Center
EIN
54-1944252
Phone
4347939100
Address
300 RINGGOLD INDUSTRIAL PARKWAY, DANVILLE, VA 24540

Signing Officer

Name
Donnie Stevens
Title
Chairman
Phone
4347939100
Signed
2020-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donnie Stevens
Formed
1998
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
0

Preparer

Firm
HARRIS HARVEY NEAL & COLLPCPA'S
Address
PO BOX 3424, DANVILLE, VA 24543-3424
Preparer
George a Brooks CPA
Phone
4347923220
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization's process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization has received tax-exempt status for income taxes under section 501(c)(3) of the internal revenue code. All income earned relates to the organizations exempt purpose and therefore there is no provision for income taxes. The organization has taken no uncertain tax positions. The organizations federal exempt organization tax returns (form 990) for 2015, 2014, and 2013 are open to examination by the irs; and generally remain open for three years after they are filed.”

Raw XML AppendixShowing 400 of 494 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/OtherRevenueTotalAmt0967
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt058142
IRS990/OtherSalariesAndWagesGrp/TotalAmt096904
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02965
IRS990/PayrollTaxesGrp/ProgramServicesAmt04448
IRS990/PayrollTaxesGrp/TotalAmt07413
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DONNIE STEVENS
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYInvestmentIncomeAmt045
IRS990/PYOtherExpensesAmt0198858
IRS990/PYOtherRevenueAmt0679
IRS990/PYProgramServiceRevenueAmt0164604
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IRS990/PYSalariesCompEmpBnftPaidAmt0104602
IRS990/PYTotalExpensesAmt01696652
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01586002
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt042453
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0176061
IRS990/SavingsAndTempCashInvstGrp/BOYAmt033190
IRS990/SavingsAndTempCashInvstGrp/EOYAmt034250
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01060468
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01383200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01618646
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0654368
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01838849
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06555531
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt055
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0234
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0175025
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0164604
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0142823
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0112898
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0108530
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0703880
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt055
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0234
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0679
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01745
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0638
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0980
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05009
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99930
IRS990ScheduleA/PublicSupportPY509Pct00.99920
IRS990ScheduleA/PublicSupportTotal509Amt07259411
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01235493
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01547804
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01761469
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0767266
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01947379
IRS990ScheduleA/Total509Grp/TotalAmt07259411
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01236529
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01548528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01763269
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0767939
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01948389
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07264654
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0159694
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0392264
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0551958
IRS990ScheduleD/EquipmentGrp/BookValueAmt013598
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0148168
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0161766
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01234924
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt041313
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt041313
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04433
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1141
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21842
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED AND WITHHELD PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED WAGES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01277377
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS RECEIVED TAX-EXEMPT STATUS FOR INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ALL INCOME EARNED RELATES TO THE ORGANIZATIONS EXEMPT PURPOSE AND THEREFORE THERE IS NO PROVISION FOR INCOME TAXES. THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS. THE ORGANIZATIONS FEDERAL EXEMPT ORGANIZATION TAX RETURNS (FORM 990) FOR 2015, 2014, AND 2013 ARE OPEN TO EXAMINATION BY THE IRS; AND GENERALLY REMAIN OPEN FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0214605
IRS990ScheduleD/TotalExpensesPerForm990Amt01234924
IRS990ScheduleD/TotalLiabilityAmt06416
IRS990ScheduleD/TotalRevenuePerForm990Amt01277377
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01277377
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01234924
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0607785
IRS990ScheduleI/RecipientTable/CashGrantAmt1333531
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE EDUCATIONAL OPPORTUNITIES TO ENTREPENEURS AND TO ATTRACT, ASSIST AND ENCOURAGE EMERGING SERVICE, TECHNOLOGY AND LIGHT MANUFACTURING BUSINESSES.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO PROVIDE EDUCATIONAL OPPORTUNITIES TO ENTREPENEURS AND TO ATTRACT, ASSIST AND ENCOURAGE EMERGING SERVICE, TECHNOLOGY AND LIGHT MANUFACTURING BUSINESSES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TYTON BIOSCINECES CORPORATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1IRFLEX CORPORATION
IRS990ScheduleI/RecipientTable/RecipientEIN0352431849
IRS990ScheduleI/RecipientTable/RecipientEIN1205008512
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0300 RINGGOLD INDUSTRIAL PARKWAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1300 RINGGOLD INDUSTRIAL PARKWAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DANVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1DANVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd024540
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd124540
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 INFORMATIONAL RETURN BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION CONSIDERS THE CONFLICT OF INTEREST POLICY DURING BOARD MEETINGS, AND TAKES APPROPRIATE MEASURES, ACCORDING TO THE POLICY, IF A CONFLICT OF INTEREST SHOULD ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR TOP OFFICIAL COMPENSATION AND ANNUAL RAISES ARE DETERMINED BY THE BOARD OF DIRECTORS BASED ON COMPARABLE POSITIONS AND OTHER RELEVANT DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE AVAILABLE UPON REQUEST OF THE CHAIRMAN OF THE BOARD OF DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$381,816
Liabilities
$7,906
Net assets
$373,910
Revenue
$1,277,377
Expenses
$1,234,924
Net income
$42,453
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.29$0.30$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.51$0.30$0.28$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$0.60$0.58$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.47$0.54$0.53$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.02$0.44$0.31$0.28$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$0.92$0.88$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.01$0.37$1.28$1.23$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.33$1.59$1.70$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.01$0.44$1.73$1.62$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.33$0.80$0.79$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$1.92$1.92$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.33$0.80$0.82$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.01$0.34$0.96
2012Summary only. Only limited summary data is available for this year.$0.40$0.02$0.38$0.71$0.74$0.02
2011Summary only. Only limited summary data is available for this year.$0.64$0.24$0.40$1.42$1.35$0.07