Civic Intelligence

Danville Area Development Foundation Inc

990 • Fiscal year 2023 • EIN 54-6041891

Mar 01, 2022 to Feb 28, 2023 • Filed on May 22, 2023

Organization ProfileN/A
628 Main StreetDanville, VA 24541-1320

(434) 793-5422

Siviq Scores

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

Liabilities / Assets

38th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

39th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Net Margin

1st percentile

-807%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Asset Growth

32nd percentile

-1.7%

Faster asset growth than 32% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-44%

Faster revenue growth than 7% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets38th percentile

Assets

Down

$785,863

Down $13,903 (-1.7%) from 2022

Net Assets

Down

$785,863

Down $13,903 (-1.7%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin1st percentile

Revenue

Down

$1,723

Down $1,380 (-44%) from 2022

Expenses

Up

$15,626

Up $14,981 (+2323%) from 2022

Net Income

Down

-$13,903

Down $16,361 (-666%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$1.0M$500K$0Assets 2012: $769,296Liabilities 2012: $0Net Assets 2012: $769,2962012Assets 2013: $772,318Liabilities 2013: $0Net Assets 2013: $772,3182013Assets 2014: $768,340Liabilities 2014: $0Net Assets 2014: $768,3402014Assets 2015: $775,505Liabilities 2015: $0Net Assets 2015: $775,5052015Assets 2016: $787,214Liabilities 2016: $0Net Assets 2016: $787,2142016Assets 2017: $795,067Liabilities 2017: $0Net Assets 2017: $795,0672017Assets 2018: $776,737Liabilities 2018: $0Net Assets 2018: $776,7372018Assets 2019: $783,294Liabilities 2019: $0Net Assets 2019: $783,2942019Assets 2020: $790,419Liabilities 2020: $0Net Assets 2020: $790,4192020Assets 2021: $797,308Liabilities 2021: $0Net Assets 2021: $797,3082021Assets 2022: $799,766Liabilities 2022: $0Net Assets 2022: $799,7662022Assets 2023: $785,863Liabilities 2023: $0Net Assets 2023: $785,8632023Assets 2024: $796,559Liabilities 2024: $0Net Assets 2024: $796,5592024Assets 2025: $827,718Liabilities 2025: $0Net Assets 2025: $827,7182025

Highlighted filing

2023

Assets$785,863
Liabilities$0
Net Assets$785,863
Open 2023 Filing

Operations Trend

Revenue Growth7th percentile

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

$60K$40K$20K$0-$20KRevenue 2012: $11,029Expenses 2012: $10,600Net Income 2012: $4292012Revenue 2013: $13,921Expenses 2013: $10,899Net Income 2013: $3,0222013Revenue 2014: $12,681Expenses 2014: $16,202Net Income 2014: -$3,5212014Revenue 2015: $12,126Expenses 2015: $4,961Net Income 2015: $7,1652015Revenue 2016: $12,364Expenses 2016: $655Net Income 2016: $11,7092016Revenue 2017: $8,524Expenses 2017: $671Net Income 2017: $7,8532017Revenue 2018: $7,295Expenses 2018: $25,625Net Income 2018: -$18,3302018Revenue 2019: $7,382Expenses 2019: $825Net Income 2019: $6,5572019Revenue 2020: $7,773Expenses 2020: $648Net Income 2020: $7,1252020Revenue 2021: $7,534Expenses 2021: $645Net Income 2021: $6,8892021Revenue 2022: $3,103Expenses 2022: $645Net Income 2022: $2,4582022Revenue 2023: $1,723Expenses 2023: $15,626Net Income 2023: -$13,9032023Revenue 2024: $14,271Expenses 2024: $3,575Net Income 2024: $10,6962024Revenue 2025: $41,877Expenses 2025: $10,718Net Income 2025: $31,1592025

Highlighted filing

2023

Revenue$1,723
Expenses$15,626
Net Income-$13,903
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2022 to Feb 28, 2023
Signed
May 22, 2023
Return Version
2022v5.0
Gross Receipts
$1,723
Mission and Program Overview

Mission

Promote industrial and commercial development of the city of danville and surrounding counties.

To promote industrial and commercial growth of the city of danville.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$799,766$784,633▼ $15,133
Investments Other Securities-$1,230-
Total Assets$799,766$785,863▼ $13,903
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$799,766$785,863▼ $13,903
Total Net Assets Fund Balance$799,766$785,863▼ $13,903
Total Liabilities and Net Assets / Fund Balance$799,766$785,863▼ $13,903
Compensation and Service Providers
Top Officer Pay71st percentile

Board Members and Trustees

NameTitle
Charles H MajorsPresident
Mark HollandVice President
Amanda Witt-coxDirector
Ben J Davenport JrDirector
Connie NyholmDirector
Corrie BobeDirector
Dan M PleasantDirector
Dr B Carlyle RamseyDirector
Dr Tiffany FranksDirector
Elizabeth LeggettDirector
Hampton WilkinsDirector
Harry G LeaDirector
Jeff HaleyDirector
Jerry WallaceDirector
Rick BarkerDirector
Telly TuckerDirector
Tim ClarkDirector
Carolyn H ComptonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,723
Other Revenue
$0
Change in Net Assets
$-13,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,626
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-$15,000-$15,000
Fees for Services Accounting-$301-$301
Office Expenses-$300-$300
Fees for Services Other-$25-$25
Total Functional Expenses$0$15,626$0$15,626
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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 B, Line 11B

“Board of directors reviews the 990 with the tax preparer during their annual meeting.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and financial statements of the organization are available upon request at the organization's headquarters.”

Filing and Contact Details

Filer

Filer Name
Danville Area Development Foundation Inc
EIN
54-6041891
Phone
4347935422
Address
628 MAIN STREET, DANVILLE, VA 24541-1320

Signing Officer

Name
Charles H Majors
Title
President
Phone
4347935422
Signed
2023-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles H Majors
Formed
1960
Legal Domicile
Va
Voting Board Members
17
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Wilkinson Consulting & CPA Plc
Address
217 PINEY FOREST ROAD, DANVILLE, VA 24540
Preparer
R Stephen Wilkinson CPA
Phone
4347974300
Raw XML Appendix354 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE INDUSTRIAL AND COMMERCIAL GROWTH OF THE CITY OF DANVILLE.
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE CORPORATION
IRS990/BooksInCareOfDetail/PhoneNum08047925111
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0628 MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0DANVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd024541
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0799766
IRS990/CashNonInterestBearingGrp/EOYAmt0784633
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01723
IRS990/CYOtherExpensesAmt015626
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-13903
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt015626
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01723
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE FOUNDATION WAS FORMED TO ASSIST & PROMOTE THE INDUSTRIAL & COMMERCIAL DEVELOPMENT OF THE CITY OF DANVILLE & THE IMMEDIATE SURROUNDING COUNTY AREA.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0301
IRS990/FeesForServicesAccountingGrp/TotalAmt0301
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt025
IRS990/FeesForServicesOtherGrp/TotalAmt025
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES H MAJORS
IRS990/Form990PartVIISectionAGrp/PersonNm1BEN J DAVENPORT JR
IRS990/Form990PartVIISectionAGrp/PersonNm2DR TIFFANY FRANKS
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK HOLLAND
IRS990/Form990PartVIISectionAGrp/PersonNm4AMANDA WITT-COX
IRS990/Form990PartVIISectionAGrp/PersonNm5HARRY G LEA
IRS990/Form990PartVIISectionAGrp/PersonNm6CORRIE BOBE
IRS990/Form990PartVIISectionAGrp/PersonNm7RICK BARKER
IRS990/Form990PartVIISectionAGrp/PersonNm8HAMPTON WILKINS
IRS990/Form990PartVIISectionAGrp/PersonNm9TIM CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm10DAN M PLEASANT
IRS990/Form990PartVIISectionAGrp/PersonNm11DR B CARLYLE RAMSEY
IRS990/Form990PartVIISectionAGrp/PersonNm12JEFF HALEY
IRS990/Form990PartVIISectionAGrp/PersonNm13CONNIE NYHOLM
IRS990/Form990PartVIISectionAGrp/PersonNm14ELIZABETH LEGGETT
IRS990/Form990PartVIISectionAGrp/PersonNm15TELLY TUCKER
IRS990/Form990PartVIISectionAGrp/PersonNm16JERRY WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm17CAROLYN H COMPTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
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
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17SECRETARY/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01723
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01723
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt01723
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01230
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTE INDUSTRIAL AND COMMERCIAL DEVELOPMENT OF THE CITY OF DANVILLE AND SURROUNDING COUNTIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0799766
IRS990/NetAssetsOrFundBalancesEOYAmt0785863
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0799766
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0785863
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0300
IRS990/OfficeExpensesGrp/TotalAmt0300
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRIBUTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015000
IRS990/OtherExpensesGrp/TotalAmt015000
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHARLES H MAJORS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03103
IRS990/PYOtherExpensesAmt0645
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt02458
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0645
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03103
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-13903
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS REVIEWS THE 990 WITH THE TAX PREPARER DURING THEIR ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S HEADQUARTERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0799766
IRS990/TotalAssetsEOYAmt0785863
IRS990/TotalAssetsGrp/BOYAmt0799766
IRS990/TotalAssetsGrp/EOYAmt0785863
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015626
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt015626
IRS990/TotalGrossUBIAmt01723
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0799766
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0785863
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01723
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01723
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0799766
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0785863
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0528 MAIN STREET
IRS990/USAddress/CityNm0DANVILLE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd024541
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES H MAJORS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04347935422
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DANVILLE AREA DEVELOPMENT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DANV
ReturnHeader/Filer/EIN0546041891
ReturnHeader/Filer/PhoneNum04347935422
ReturnHeader/Filer/USAddress/AddressLine1Txt0628 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0DANVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0245411320
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0481296934
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILKINSON CONSULTING & CPA PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0217 PINEY FOREST ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DANVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024540
ReturnHeader/PreparerPersonGrp/PhoneNum04347974300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R STEPHEN WILKINSON CPA
ReturnHeader/ReturnTs02023-06-07T13:19:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHARLES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MAJORS
ReturnHeader/TaxPeriodBeginDt02022-03-01
ReturnHeader/TaxPeriodEndDt02023-02-28
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$785,863
Liabilities
$0
Net assets
$785,863
Revenue
$1,723
Expenses
$15,626
Net income
-$13,903
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.28$0.00$8.28$0.42$0.11$0.31
2024Detailed filing. Detailed filing data is available for this year.$7.97$0.00$7.97$0.14$0.04$0.11
2023Detailed filing. Detailed filing data is available for this year.$7.86$0.00$7.86$0.02$0.16$0.14
2022Detailed filing. Detailed filing data is available for this year.$8.00$0.00$8.00$0.03$0.01$0.02
2021Detailed filing. Detailed filing data is available for this year.$7.97$0.00$7.97$0.08$0.01$0.07
2020Summary only. Only limited summary data is available for this year.$7.90$0.00$7.90$0.08$0.01$0.07
2019Summary only. Only limited summary data is available for this year.$7.83$0.00$7.83$0.07$0.01$0.07
2018Summary only. Only limited summary data is available for this year.$7.77$0.00$7.77$0.07$0.26$0.18
2017Summary only. Only limited summary data is available for this year.$7.95$0.00$7.95$0.09$0.01$0.08
2016Summary only. Only limited summary data is available for this year.$7.87$0.00$7.87$0.12$0.01$0.12
2015Summary only. Only limited summary data is available for this year.$7.76$0.00$7.76$0.12$0.05$0.07
2014Summary only. Only limited summary data is available for this year.$7.68$0.00$7.68$0.13$0.16$0.04
2013Summary only. Only limited summary data is available for this year.$7.72$0.00$7.72$0.14$0.11$0.03
2012Summary only. Only limited summary data is available for this year.$7.69$0.00$7.69$0.11$0.11$0.00