Civic Intelligence

Foundation for American Christian Education

990 • Fiscal year 2019 • EIN 54-2054240

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 05, 2020

Organization ProfileWWW.FACE.NET
P O Box 9588Chesapeake, VA 23321-9588

(757) 488-6601

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

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

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

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

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

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

Top Officer Pay

51st percentile

$65,485

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

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

Asset Growth

79th percentile

19%

Faster asset growth than 79% of similar nonprofits.

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

Revenue Growth

93rd percentile

90%

Faster revenue growth than 93% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$2,115,842

Up $344,140 (+19%) from 2018

Net Assets

Up

$2,115,763

Up $344,117 (+19%) from 2018

Liabilities

Up

$79

Up $23 (+41%) from 2018

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin78th percentile

Revenue

Up

$684,729

Up $324,204 (+90%) from 2018

Expenses

Up

$539,555

Up $11,530 (+2.2%) from 2018

Net Income

Up

$145,174

Up $312,674 (+187%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,960,441Liabilities 2010: $201Net Assets 2010: $2,960,2402010Assets 2011: $2,523,579Liabilities 2011: $5,740Net Assets 2011: $2,517,8392011Assets 2012: $2,293,674Liabilities 2012: $367Net Assets 2012: $2,293,3072012Assets 2013: $2,236,024Liabilities 2013: $1,002Net Assets 2013: $2,235,0222013Assets 2014: $2,300,704Liabilities 2014: $46Net Assets 2014: $2,300,6582014Assets 2015: $2,157,350Liabilities 2015: $81Net Assets 2015: $2,157,2692015Assets 2016: $2,122,044Liabilities 2016: $64Net Assets 2016: $2,121,9802016Assets 2017: $2,011,660Liabilities 2017: $59Net Assets 2017: $2,011,6012017Assets 2018: $1,771,702Liabilities 2018: $56Net Assets 2018: $1,771,6462018Assets 2019: $2,115,842Liabilities 2019: $79Net Assets 2019: $2,115,7632019Assets 2020: $2,106,901Liabilities 2020: $3,122Net Assets 2020: $2,103,7792020Assets 2021: $2,649,941Liabilities 2021: $12,065Net Assets 2021: $2,637,8762021Assets 2022: $4,227,517Liabilities 2022: $167,469Net Assets 2022: $4,060,0482022Assets 2023: $4,092,297Liabilities 2023: $190,594Net Assets 2023: $3,901,7032023Assets 2024: $4,096,132Liabilities 2024: $29,105Net Assets 2024: $4,067,0272024

Highlighted filing

2019

Assets$2,115,842
Liabilities$79
Net Assets$2,115,763
Open 2019 Filing

Operations Trend

Revenue Growth93rd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $713,0882010Expenses 2011: $648,5192011Expenses 2012: $556,4412012Revenue 2013: $387,079Expenses 2013: $524,763Net Income 2013: -$137,6842013Revenue 2014: $635,989Expenses 2014: $522,288Net Income 2014: $113,7012014Revenue 2015: $427,128Expenses 2015: $511,804Net Income 2015: -$84,6762015Revenue 2016: $349,528Expenses 2016: $508,048Net Income 2016: -$158,5202016Revenue 2017: $488,431Expenses 2017: $501,549Net Income 2017: -$13,1182017Revenue 2018: $360,525Expenses 2018: $528,025Net Income 2018: -$167,5002018Revenue 2019: $684,729Expenses 2019: $539,555Net Income 2019: $145,1742019Revenue 2020: $678,124Expenses 2020: $597,193Net Income 2020: $80,9312020Revenue 2021: $1,147,350Expenses 2021: $734,650Net Income 2021: $412,7002021Revenue 2022: $1,190,536Expenses 2022: $737,853Net Income 2022: $452,6832022Revenue 2023: $561,902Expenses 2023: $849,641Net Income 2023: -$287,7392023Revenue 2024: $733,283Expenses 2024: $780,777Net Income 2024: -$47,4942024

Highlighted filing

2019

Revenue$684,729
Expenses$539,555
Net Income$145,174
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 5, 2020
Return Version
2019v5.1
Gross Receipts
$761,243
Mission and Program Overview

Mission

The foundation for american christian education publishes and teaches america's christian history and method of education by biblical principles to restore christian self-government (continued on schedule o)

Teaching and publishing of american christian history

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$868,004$1,040,716▲ $172,712
Inventories for Sale or Use$350,165$289,890▼ $60,275
Cash and Non-Interest-Bearing Accounts$48,008$262,745▲ $214,737
Land, Buildings, and Equipment, Net$225,094$218,762▼ $6,332
Accounts Receivable$17,595$45,882▲ $28,287
Total Assets$1,771,702$2,115,842▲ $344,140
Other Assets Total$262,836$257,847▼ $4,989
Liabilities
Accounts Payable and Accrued Expenses$56$79▲ $23
Total Liabilities$56$79▲ $23
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,567,076$1,819,963▲ $252,887
Net Assets With Donor Restrictions$204,570$295,800▲ $91,230
Total Net Assets Fund Balance$1,771,646$2,115,763▲ $344,117
Total Liabilities and Net Assets / Fund Balance$1,771,702$2,115,842▲ $344,140

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$46,459$135,411$181,870
Leasehold Improvements$85,802$64,359$150,161
Other Land Buildings$86,501--
Other Assets Org$3,000--
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Carey a WoodruffVice PresidentFT$65,485$65,485
Tricia StallBoard Member-$2,441$2,441

Board Members and Trustees

NameTitle
Thomas MoormanChairman of the Board
Carole GadamsPresident
Gai FerdonBoard Member
Janet MosserBoard Member
Martha ShirleyBoard Member
John W AdamsCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$465,078
Program Service Revenue
$31,312
Investment Income
$36,222
Other Revenue
$152,117
All Other Contributions
$465,078
Change in Net Assets
$145,174

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
Securities Publicly Traded2$46,573Stock Quotes
Total Noncash Contributions2$46,573-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$328,954
Salaries, Compensation, and Employee Benefits$210,601
Total Fundraising Expense$24,406
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$112,701$7,509$2,503$122,713
Occupancy$80,960$13,981$7,990$102,931
Current Officers, Directors, Trustees, and Key Employees$54,659$8,668$4,599$67,926
Fees for Services Management$36,450$4,050-$40,500
All Other Expenses$11,775$9,854$664$22,293
Depreciation Depletion$15,641$2,979-$18,620
Payroll Taxes$13,180$1,273$559$15,012
Travel$7,290-$1,187$8,477
Fees for Services Accounting-$7,583$399$7,982
Conferences and Meetings$7,679--$7,679
Other Expenses$2,736$3,169$911$6,816
Information Technology$5,740--$5,740
Insurance$2,005$3,007-$5,012
Other Employee Benefits$4,950--$4,950
Fees for Service Investment Mgmnt Fees-$3,928-$3,928
Fees for Services Legal-$314-$314
Total Functional Expenses$447,875$67,274$24,406$539,555
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
John W and Carole G AdamsJOHN ADAMS IS AN OFFICER; CAROLE ADAMS IS AN OFFICER AND BOARD MEMBERORGANIZATION RENTS OFFICE AND WAREHOUSE SPACE FROM JOHN W. AND CAROLE G. ADAMS AT A FAIR MARKET RENT. THE AMOUNT PAID DURING 2019 WAS $94,857.No$94,857
Carey a WoodruffDaughter of Board Member Carole G. Adams and Officer John W. AdamsCAREY A. WOODRUFF WAS EMPLOYED BY THE ORGANIZATION AND WAS PAID A SALARY OF $65,485 IN 2019.No$65,485
John W AdamsOfficer and Spouse of Board MemberORGANIZATION CONTRACTS FOR MANAGEMENT SERVICES THROUGH VALOR MANAGEMENT, INC., A CORPORATION OWNED SOLELY BY JOHN W. ADAMS. THE ORGANIZATION PAID VALOR MANAGEMENT, INC. $40,500 IN 2019.No$40,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“John w. And carole g. Adams are husband and wife (also see answer to question part vi, section a, line 3).”

Form 990, Part VI, Section A, Line 3

“The management of the organization is assisted through a corporation, valor management, inc., owned soley by john w. Adams who is an officer. The organization paid $40,500 to valor management, inc. During 2019.”

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

“A copy of form 990 was provided to each board member for review and comments prior to filing.”

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

“The organization's policy is addressed at every board meeting.”

Form 990, Part VI, Section B, Line 15

“Form 990, part vi, section b, line 15 a & b: the board has established a compensation committee charged with reviewing the compensation of the ceo, officers and other key employees on an annual basis based on comparable data and reasonableness in order to document and approve in the minutes.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, confict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Foundation for American
EIN
54-2054240
Phone
7574886601
Address
P O BOX 9588, CHESAPEAKE, VA 23321-9588

Signing Officer

Name
Carole G Adams
Title
President
Phone
7574886601
Signed
2020-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carole G Adams
Formed
1965
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
6
Employees
8
Volunteers
7

Preparer

Firm
Cherry Bekaert Llp
Address
222 CENTRAL PARK AVE STE 1400, VIRGINIA BEACH, VA 23462
Preparer
Richard L Dail
Phone
7574562400
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

“The organization maintains a collection of old books, papers and microfiche library that have historical value.”

Raw XML AppendixShowing 400 of 514 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/OtherEmployeeBenefitsGrp/TotalAmt04950
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1PRINTING AND PUBLICATIO
IRS990/OtherExpensesGrp/Desc2POSTAGE AND SHIPPING
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt02849
IRS990/OtherExpensesGrp/FundraisingAmt11873
IRS990/OtherExpensesGrp/FundraisingAmt2872
IRS990/OtherExpensesGrp/FundraisingAmt3911
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0959
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13169
IRS990/OtherExpensesGrp/ProgramServicesAmt068364
IRS990/OtherExpensesGrp/ProgramServicesAmt116858
IRS990/OtherExpensesGrp/ProgramServicesAmt26887
IRS990/OtherExpensesGrp/ProgramServicesAmt32736
IRS990/OtherExpensesGrp/TotalAmt071213
IRS990/OtherExpensesGrp/TotalAmt118731
IRS990/OtherExpensesGrp/TotalAmt28718
IRS990/OtherExpensesGrp/TotalAmt36816
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02503
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07509
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0112701
IRS990/OtherSalariesAndWagesGrp/TotalAmt0122713
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0559
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01273
IRS990/PayrollTaxesGrp/ProgramServicesAmt013180
IRS990/PayrollTaxesGrp/TotalAmt015012
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CAROLE G ADAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0INTERNET INCOME
IRS990/ProgramServiceRevenueGrp/Desc1UPS & POSTAGE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022876
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15354
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23082
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022876
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23082
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNICATING THE EDUCATIONAL PROGRAM AND THE METHODS OF TEACHING THE PRINCIPLE APPROACH CURRICULUM IS ACCOMPLISHED THROUGH E-MAIL, DIRECT MAIL AND PRINT ADS. INFORMATION WAS MAILED TO 35,000 INTERESTED INDIVDUALS AND ORGANIZATIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt049266
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt020177
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATORS WERE TRAINED AT OUR DEMONSTRATION SCHOOLS AND CLASS PRESENTATIONS, PREPARING THEM IN THE PRINCIPLE APPROACH. WE TAKE PART IN HOME SCHOOL CONFERENCES AND BOOK FAIRS TO EXTEND OUR SERVICES. A CATALOGUE OF PRODUCTS IS SENT DIRECT MAIL TO 3,000 CUSTOMERS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt098533
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt040354
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE FOUNDATION EXPANDS THE PRINCIPLE APPROACH BY ADVERTISING IN NATIONALLY DISTRIBUTED MAGAZINES, NEWSPAPERS, WEB SITE, AND HOME SCHOOL PUBLICATIONS. STAFF MEMBERS ATTEND REGIONAL CONFERENCES TO BE INFORMED AND PROMOTE CHRISTIAN EDUCATION. THE STAFF IS INVOLVED IN ON GOING DEVELOPMENT OF BOOKS AND MATERIAL AIDS FOR SCHOOLS AND HOMESCHOOL PARENTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt076139
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt031183
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0195681
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt042349
IRS990/PYOtherExpensesAmt0322880
IRS990/PYOtherRevenueAmt0101298
IRS990/PYProgramServiceRevenueAmt021197
IRS990/PYRevenuesLessExpensesAmt0-167500
IRS990/PYSalariesCompEmpBnftPaidAmt0205145
IRS990/PYTotalExpensesAmt0528025
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0360525
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0145174
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt091715
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt063723
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt034990
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt035736
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt050814
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0112146
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0297409
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0465078
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0195681
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0140847
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0180913
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0199656
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01182175
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt036222
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt037980
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt043198
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt046770
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt062995
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0227165
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0259943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0183807
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0232932
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0241861
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0300546
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01219089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt036222
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt037980
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt043198
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt046770
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt062995
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0227165
IRS990ScheduleA/InvestmentIncomeCYPct00.08640
IRS990ScheduleA/InvestmentIncomePYPct00.10900
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.80040
IRS990ScheduleA/PublicSupportPY509Pct00.75340
IRS990ScheduleA/PublicSupportTotal509Amt02103855
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt063723
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt034990
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt035736
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt050814
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0112146
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0297409
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0725021
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0379488
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0373779
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0422774
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0500202
IRS990ScheduleA/Total509Grp/TotalAmt02401264
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0761243
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0417468
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0416977
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0469544
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0563197
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02628429
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/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt046459
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0135411
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0181870
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt085802
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt064359
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0150161
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0450
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1254397
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PRE PUB COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt086501
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt086501
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS A COLLECTION OF OLD BOOKS, PAPERS AND MICROFICHE LIBRARY THAT HAVE HISTORICAL VALUE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0218762
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0257847
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JOHN W AND CAROLE G ADAMS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1JOHN W ADAMS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2CAREY A WOODRUFF
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0JOHN ADAMS IS AN OFFICER; CAROLE ADAMS IS AN OFFICER AND BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OFFICER AND SPOUSE OF BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2DAUGHTER OF BOARD MEMBER CAROLE G. ADAMS AND OFFICER JOHN W. ADAMS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt094857
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt140500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt265485
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ORGANIZATION RENTS OFFICE AND WAREHOUSE SPACE FROM JOHN W. AND CAROLE G. ADAMS AT A FAIR MARKET RENT. THE AMOUNT PAID DURING 2019 WAS $94,857.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1ORGANIZATION CONTRACTS FOR MANAGEMENT SERVICES THROUGH VALOR MANAGEMENT, INC., A CORPORATION OWNED SOLELY BY JOHN W. ADAMS. THE ORGANIZATION PAID VALOR MANAGEMENT, INC. $40,500 IN 2019.

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Filings

Displayed year

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

Open filing
Assets
$2,115,842
Liabilities
$79
Net assets
$2,115,763
Revenue
$684,729
Expenses
$539,555
Net income
$145,174
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.10$0.03$4.07$0.73$0.78$0.05
2023Detailed filing. Detailed filing data is available for this year.$4.09$0.19$3.90$0.56$0.85$0.29
2022Detailed filing. Detailed filing data is available for this year.$4.23$0.17$4.06$1.19$0.74$0.45
2021Detailed filing. Detailed filing data is available for this year.$2.65$0.01$2.64$1.15$0.73$0.41
2020Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.10$0.68$0.60$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.68$0.54$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.36$0.53$0.17
2017Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$0.49$0.50$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.35$0.51$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.43$0.51$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.64$0.52$0.11
2013Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.39$0.52$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.00$2.29$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.01$2.52$0.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.00$2.96$0.71