Civic Intelligence

Hulls Angels Inc.

990 • Fiscal year 2015 • EIN 54-1982338

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 10, 2016

P O Box 1Lexington, VA 24450

(540) 463-2618

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

27th percentile

0.00x

Higher debt load relative to revenue than 27% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

77th percentile

19%

Higher net margin than 77% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

60th percentile

$39,548

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

72nd percentile

18%

Faster revenue growth than 72% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Flat

$510,593

Flat from 2015

Net Assets

Flat

$510,070

Flat from 2015

Liabilities

Flat

$523

Flat from 2015

Revenue

Flat

$328,717

Flat from 2015

Expenses

Flat

$267,425

Flat from 2015

Net Income

Flat

$61,292

Flat from 2015

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: $344,969Liabilities 2011: $5,112Net Assets 2011: $339,8572011Assets 2012: $378,873Liabilities 2012: $2,026Net Assets 2012: $376,8472012Assets 2013: $396,166Liabilities 2013: $155Net Assets 2013: $396,0112013Assets 2014: $453,012Liabilities 2014: $4,234Net Assets 2014: $448,7782014Assets 2015: $510,593Liabilities 2015: $523Net Assets 2015: $510,0702015Assets 2015: $510,593Liabilities 2015: $523Net Assets 2015: $510,0702015Assets 2016: $564,617Liabilities 2016: $759Net Assets 2016: $563,8582016Assets 2017: $562,880Liabilities 2017: $314Net Assets 2017: $562,5662017Assets 2018: $576,202Liabilities 2018: $376Net Assets 2018: $575,8262018Assets 2019: $586,669Liabilities 2019: $420Net Assets 2019: $586,2492019Assets 2020: $591,886Liabilities 2020: $2,932Net Assets 2020: $588,9542020Assets 2021: $1,008,105Liabilities 2021: $97,068Net Assets 2021: $911,0372021Assets 2022: $1,010,009Liabilities 2022: $76,667Net Assets 2022: $933,3422022Assets 2023: $1,025,286Liabilities 2023: $56,667Net Assets 2023: $968,6192023Assets 2024: $993,774Liabilities 2024: $36,776Net Assets 2024: $956,9982024

Highlighted filing

2015

Assets$510,593
Liabilities$523
Net Assets$510,070

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $224,100Expenses 2011: $183,976Net Income 2011: $40,1242011Revenue 2012: $185,390Expenses 2012: $148,400Net Income 2012: $36,9902012Revenue 2013: $275,553Expenses 2013: $256,389Net Income 2013: $19,1642013Revenue 2014: $278,286Expenses 2014: $225,519Net Income 2014: $52,7672014Revenue 2015: $328,717Expenses 2015: $267,425Net Income 2015: $61,2922015Revenue 2015: $328,717Expenses 2015: $267,425Net Income 2015: $61,2922015Revenue 2016: $358,409Expenses 2016: $304,621Net Income 2016: $53,7882016Revenue 2017: $262,274Expenses 2017: $263,566Net Income 2017: -$1,2922017Revenue 2018: $244,453Expenses 2018: $231,193Net Income 2018: $13,2602018Revenue 2019: $271,905Expenses 2019: $261,482Net Income 2019: $10,4232019Revenue 2020: $213,681Expenses 2020: $210,976Net Income 2020: $2,7052020Revenue 2021: $638,952Expenses 2021: $316,869Net Income 2021: $322,0832021Revenue 2022: $328,322Expenses 2022: $306,017Net Income 2022: $22,3052022Revenue 2023: $347,994Expenses 2023: $312,717Net Income 2023: $35,2772023Revenue 2024: $359,458Expenses 2024: $371,079Net Income 2024: -$11,6212024

Highlighted filing

2015

Revenue$328,717
Expenses$267,425
Net Income$61,292
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 10, 2016
Return Version
2015v2.1
Gross Receipts
$400,215
Mission and Program Overview

Mission

To preserve the drive-in theater in lexington, virignia and provide affordable family entertainment in a historical drive-in theater for a small, rural community.

To preserve the drive-in theater in lexington, virginia and provide affordable family entertainment in a historical drive-in theater for a small, rural community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$249,551$257,959▲ $8,408
Savings and Temporary Cash Investments$91,724$200,960▲ $109,236
Cash and Non-Interest-Bearing Accounts$86,704$25,902▼ $60,802
Intangible Assets$20,000$20,000→ $0
Prepaid Expenses and Deferred Charges$2,717$3,456▲ $739
Inventories for Sale or Use$2,316$2,316→ $0
Total Assets$453,012$510,593▲ $57,581
Liabilities
Deferred Revenue$2,750--
Other Liabilities$1,484$523▼ $961
Total Liabilities$4,234$523▼ $3,711
Net Assets / Fund Balance
Unrestricted Net Assets$448,778$510,070▲ $61,292
Total Net Assets Fund Balance$448,778$510,070▲ $61,292
Total Liabilities and Net Assets / Fund Balance$453,012$510,593▲ $57,581

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$178,792$72,796$251,588
Buildings$66,736$9,523$76,259
Leasehold Improvements$12,431$27,057$39,488
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeremy ReterExecutive DirectorFT$39,548$39,548

Board Members and Trustees

NameTitle
Skylar BeaverCo-chair
Wendy OrrisonCo-chair
Jan LowryMarketing Chair
Eric SheffieldOperations Chair
John RobertsonDirector
Kristen HinrichsDirector
Kristy ZirkleDirector
Suzanne SpeckDirector
Christine ClancyCo-secretary
Patte WoodCo-secretary
Dan WalzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$40,066
Program Service Revenue
$201,910
Investment Income
$236
Other Revenue
$86,505
All Other Contributions
$34,746
Change in Net Assets
$61,292
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$191,238
Salaries, Compensation, and Employee Benefits$76,187
Total Fundraising Expense$6,761
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$35,565--$35,565
Current Officers, Directors, Trustees, and Key Employees$28,038$3,505$3,505$35,048
Depreciation Depletion$16,566--$16,566
Occupancy$14,756$585-$15,341
Advertising$9,961$553$553$11,067
Insurance$6,767--$6,767
Payroll Taxes$4,928$323$323$5,574
Fees for Services Accounting-$5,300-$5,300
Fees for Services Other$2,877$2,383-$5,260
Other Expenses$2,166$2,753-$4,919
Information Technology$3,066$170$170$3,406
Office Expenses-$3,322-$3,322
All Other Expenses--$2,210$2,210
Total Functional Expenses$241,770$18,894$6,761$267,425
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
Accrued Expenses$523
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, Part VI, Section A, Line 6

The organization has one class of members

Form 990, Part VI, Section A, Line 7A

The members elect the governing body

Form 990, Part VI, Section B, Line 11

Board members are provided with a copy of the tax return to review and discuss prior to filing

Form 990, Part VI, Section C, Line 19

Form 990 is available to the public on the web at guidestar.org. Hard copy of all required material is made available on request.

Filing and Contact Details

Filer

Filer Name
Hulls Angels Inc
EIN
54-1982338
Phone
5404632618
Address
P O BOX 1, LEXINGTON, VA 24450

Signing Officer

Name
Dan Walz
Title
Treasurer
Phone
5404632618
Signed
2016-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Walz
Formed
2000
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
12
Volunteers
47

Preparer

Firm
Raetz & Hawkins Pc Cpas
Address
128 SOUTH RANDOLPH STREET, LEXINGTON, VA 24450-0916
Preparer
David B Hawkins
Phone
5404637121
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IRS990/PayrollTaxesGrp/FundraisingAmt0323
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0323
IRS990/PayrollTaxesGrp/ProgramServicesAmt04928
IRS990/PayrollTaxesGrp/TotalAmt05574
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02717
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03456
IRS990/PrincipalOfficerNm0DAN WALZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711190
IRS990/ProgramServiceRevenueGrp/Desc0ADMISSIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0201910
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0201910
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt036268
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0110
IRS990/PYOtherExpensesAmt0163594
IRS990/PYOtherRevenueAmt069936
IRS990/PYProgramServiceRevenueAmt0171972
IRS990/PYRevenuesLessExpensesAmt052767
IRS990/PYSalariesCompEmpBnftPaidAmt061925
IRS990/PYTotalExpensesAmt0225519
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0278286
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt061292
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04715
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0288415
IRS990/SavingsAndTempCashInvstGrp/BOYAmt091724
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0200960
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt040066
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt036268
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt025772
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt033292
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt035291
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0170689
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04951
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03944
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06301
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02173
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt021129
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0283477
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0238075
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0245400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0144652
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0185636
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01097240
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0223
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0183
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0437
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0145
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0988
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04951
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03944
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06301
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02173
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt021129
IRS990ScheduleA/InvestmentIncomeCYPct00.01640
IRS990ScheduleA/InvestmentIncomePYPct00.01610
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98360
IRS990ScheduleA/PublicSupportPY509Pct00.76730
IRS990ScheduleA/PublicSupportTotal509Amt01268917
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0323766
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0274526
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0271609
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0178089
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0220927
IRS990ScheduleA/Total509Grp/TotalAmt01268917
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0328717
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0278286
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0275553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0184390
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0223100
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01290046
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt066736
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09523
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt076259
IRS990ScheduleD/EquipmentGrp/BookValueAmt0178792
IRS990ScheduleD/EquipmentGrp/DepreciationAmt072796
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0251588
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012431
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt027057
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt039488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0523
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0257959
IRS990ScheduleD/TotalLiabilityAmt0523
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ONE CLASS OF MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE PROVIDED WITH A COPY OF THE TAX RETURN TO REVIEW AND DISCUSS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS AVAILABLE TO THE PUBLIC ON THE WEB AT GUIDESTAR.ORG. HARD COPY OF ALL REQUIRED MATERIAL IS MADE AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0453012
IRS990/TotalAssetsEOYAmt0510593
IRS990/TotalAssetsGrp/BOYAmt0453012
IRS990/TotalAssetsGrp/EOYAmt0510593
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt040066
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06761
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018894
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0241770
IRS990/TotalFunctionalExpensesGrp/TotalAmt0267425
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04234
IRS990/TotalLiabilitiesEOYAmt0523
IRS990/TotalLiabilitiesGrp/BOYAmt04234
IRS990/TotalLiabilitiesGrp/EOYAmt0523

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.04$0.96$0.36$0.37$0.01
2023Summary only. Only limited summary data is available for this year.$1.03$0.06$0.97$0.35$0.31$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.08$0.93$0.33$0.31$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.10$0.91$0.64$0.32$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.59$0.21$0.21$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.59$0.27$0.26$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.00$0.58$0.24$0.23$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.00$0.56$0.26$0.26$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.00$0.56$0.36$0.30$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.33$0.27$0.06
2015Summary only. Only limited summary data is available for this year.$0.51$0.00$0.51$0.33$0.27$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.28$0.23$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.28$0.26$0.02
2012Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$0.19$0.15$0.04
2011Summary only. Only limited summary data is available for this year.$0.34$0.01$0.34$0.22$0.18$0.04