Civic Intelligence

Hickory Cluster Association C/O Abaris Real Estate Management

990 • Fiscal year 2020 • EIN 54-6060437

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 26, 2021

397 Herndon Parkway No 100Herndon, VA 20170

(703) 437-5800

Siviq Scores

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

Liabilities / Assets

68th percentile

0.19x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

1.23x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Net Margin

84th percentile

43%

Higher net margin than 84% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Asset Growth

48th percentile

3.2%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

48th percentile

0.4%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,640,257

Up $50,688 (+3.2%) from 2019

Net Assets

Up

$1,329,007

Up $107,959 (+8.8%) from 2019

Liabilities

Down

$311,250

Down $57,271 (-16%) from 2019

Revenue

Up

$253,251

Up $949 (+0.4%) from 2019

Expenses

Up

$145,292

Up $20,493 (+16%) from 2019

Net Income

Down

$107,959

Down $19,544 (-15%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $221,112Liabilities 2011: $28,5622011Assets 2012: $257,186Liabilities 2012: $16,0542012Assets 2013: $238,478Liabilities 2013: $16,9572013Assets 2014: $303,723Liabilities 2014: $15,4442014Assets 2015: $364,432Liabilities 2015: $35,9402015Assets 2016: $347,800Liabilities 2016: $18,1162016Assets 2017: $188,615Liabilities 2017: $28,6092017Assets 2018: $456,045Liabilities 2018: $225,117Net Assets 2018: $230,9282018Assets 2019: $1,589,569Liabilities 2019: $368,521Net Assets 2019: $1,221,0482019Assets 2020: $1,640,257Liabilities 2020: $311,250Net Assets 2020: $1,329,0072020Assets 2021: $1,547,665Liabilities 2021: $226,325Net Assets 2021: $1,321,3402021Assets 2022: $1,570,430Liabilities 2022: $146,250Net Assets 2022: $1,424,1802022Assets 2023: $1,610,032Liabilities 2023: $88,186Net Assets 2023: $1,521,8462023Assets 2024: $1,617,105Liabilities 2024: $24,957Net Assets 2024: $1,592,1482024

Highlighted filing

2020

Assets$1,640,257
Liabilities$311,250
Net Assets$1,329,007

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $171,000Expenses 2011: $125,400Net Income 2011: $45,6002011Revenue 2012: $176,212Expenses 2012: $134,231Net Income 2012: $41,9812012Revenue 2013: $181,332Expenses 2013: $203,360Net Income 2013: -$22,0282013Revenue 2014: $182,801Expenses 2014: $117,519Net Income 2014: $65,2822014Revenue 2015: $189,831Expenses 2015: $148,297Net Income 2015: $41,5342015Revenue 2016: $192,011Expenses 2016: $181,496Net Income 2016: $10,5152016Revenue 2017: $196,739Expenses 2017: $352,770Net Income 2017: -$156,0312017Revenue 2018: $199,050Expenses 2018: $110,962Net Income 2018: $88,0882018Revenue 2019: $252,302Expenses 2019: $124,799Net Income 2019: $127,5032019Revenue 2020: $253,251Expenses 2020: $145,292Net Income 2020: $107,9592020Revenue 2021: $253,685Expenses 2021: $261,352Net Income 2021: -$7,6672021Revenue 2022: $259,910Expenses 2022: $157,070Net Income 2022: $102,8402022Revenue 2023: $276,460Expenses 2023: $178,794Net Income 2023: $97,6662023Revenue 2024: $284,490Expenses 2024: $214,691Net Income 2024: $69,7992024

Highlighted filing

2020

Revenue$253,251
Expenses$145,292
Net Income$107,959
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 26, 2021
Return Version
2020v4.1
Gross Receipts
$253,251
Mission and Program Overview

Mission

To operate and maintain the common property of the association, to enforce all convenants and restrictions in accordance with the governing documents and to assess, collect and disburse charges

Homeowner association that maintains and repairs common area and enforces covenants in the governing documents

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,266,803$1,266,803→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$925,761$984,562▲ $58,801
Cash and Non-Interest-Bearing Accounts$317,481$369,105▲ $51,624
Rtn Earn Endowment Incm Other Fnds$295,287$344,445▲ $49,158
Prepaid Expenses and Deferred Charges$2,167$3,943▲ $1,776
Accounts Receivable$3,118$406▼ $2,712
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,589,569$1,640,257▲ $50,688
Liabilities
Other Liabilities$187,284$153,436▼ $33,848
Mortgage Notes Payable Secured by Investment Property$170,564$144,085▼ $26,479
Accounts Payable and Accrued Expenses$10,673$13,729▲ $3,056
Total Liabilities$368,521$311,250▼ $57,271
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,221,048$1,329,007▲ $107,959
Total Liabilities and Net Assets / Fund Balance$1,589,569$1,640,257▲ $50,688

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,266,803--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sylvia MerrillPresident
Sean JoynerVice President
Katy HughesDirector
Laurie SwiftDirector
Margot WolcottDirector
Tom DrakeSecretary
Michael SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$249,922
Investment Income
$3,329
Other Revenue
$0
Change in Net Assets
$107,959

Audited Revenue Reconciliation

Revenue per Audited Statements
$253,251
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$253,251
Total Revenue per Form 990
$253,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$145,292
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
Fees for Services Other$68,647--$68,647
Fees for Services Management-$16,300-$16,300
Fees for Services Legal-$12,210-$12,210
Interest$7,283--$7,283
Other Expenses$2,364--$2,364
Fees for Services Accounting-$1,925-$1,925
Insurance-$1,501-$1,501
Total Functional Expenses$113,356$31,936$0$145,292

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$145,292
Total Expenses per Audited Statements$145,292
Total Expenses per Form 990$145,292
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Homeowner Prepayments-parking Project$138,156
Prepaid Assessments$15,280
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

All homeowners that are required to pay dues are members of the association

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

The members elect the board members each year at the annual meeting

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

The elected board acts on behalf of the members. Decisions are made by the board but are discussed with the community members who elect to attend association meetings and express opinions on various topics.

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

Members of the board reviewed the 990 tax return before it was filed.

Form 990, Part VI, Section C, Line 19

All buyers of properties in hickory cluster association receive, by law, copies of the governing documents. Financial statements are made available to the owners.

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

Officers are volunteers and are not compensated

Filing and Contact Details

Filer

Filer Name
Hickory Cluster Association
EIN
54-6060437
Phone
7034375800
Address
397 HERNDON PARKWAY NO 100, HERNDON, VA 20170

Signing Officer

Name
Kim Hendon
Title
Vice President
Phone
7034375800
Signed
2021-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sylvia Merrill
Formed
1964
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Daly Hamad & Associates Pllc
Address
1037 STERLING RD SUITE 204, HERNDON, VA 20170
Preparer
Daniel Hamad CPA
Phone
7037969501
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Grounds maintenance: program service expenses 48,555. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,555. Trash removal: program service expenses 18,047. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,047. Snow removal: program service expenses 2,045. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,045.

Financial Statement Notes

PART X, LINE 2:

Hickory cluster association is exempt from federal income taxes under internal revenue code section 501(c)(4) pertaining to civic organizations. As such, it is required to file an annual information return but no tax payment is required for 2020. The association's federal income tax return is generally subject to examination by taxing authorities for three years after the returns are filed, and the association's federal and state income tax returns for 2017, 2018 and 2019 remain open to examination.

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.

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IRS990ScheduleD/TotalLiabilityAmt0153436
IRS990ScheduleD/TotalRevenuePerForm990Amt0253251
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0253251
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0145292
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL HOMEOWNERS THAT ARE REQUIRED TO PAY DUES ARE MEMBERS OF THE ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE BOARD MEMBERS EACH YEAR AT THE ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ELECTED BOARD ACTS ON BEHALF OF THE MEMBERS. DECISIONS ARE MADE BY THE BOARD BUT ARE DISCUSSED WITH THE COMMUNITY MEMBERS WHO ELECT TO ATTEND ASSOCIATION MEETINGS AND EXPRESS OPINIONS ON VARIOUS TOPICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD REVIEWED THE 990 TAX RETURN BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL BUYERS OF PROPERTIES IN HICKORY CLUSTER ASSOCIATION RECEIVE, BY LAW, COPIES OF THE GOVERNING DOCUMENTS. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE OWNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICERS ARE VOLUNTEERS AND ARE NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GROUNDS MAINTENANCE: PROGRAM SERVICE EXPENSES 48,555. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,555. TRASH REMOVAL: PROGRAM SERVICE EXPENSES 18,047. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,047. SNOW REMOVAL: PROGRAM SERVICE EXPENSES 2,045. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,045.
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 A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01589569
IRS990/TotalAssetsEOYAmt01640257
IRS990/TotalAssetsGrp/BOYAmt01589569
IRS990/TotalAssetsGrp/EOYAmt01640257
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031936
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0113356
IRS990/TotalFunctionalExpensesGrp/TotalAmt0145292
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0368521
IRS990/TotalLiabilitiesEOYAmt0311250
IRS990/TotalLiabilitiesGrp/BOYAmt0368521
IRS990/TotalLiabilitiesGrp/EOYAmt0311250
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01221048
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01329007
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0113356
IRS990/TotalProgramServiceRevenueAmt0249922
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03329
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0249922
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0253251
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01589569
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01640257
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011541 HICKORY CLUSTER
IRS990/USAddress/CityNm0RESTON
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd020190
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KIM HENDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07034375800
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HICKORY CLUSTER ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O TWC ASSOCIATION MANAGEMENT
ReturnHeader/Filer/BusinessNameControlTxt0HICK
ReturnHeader/Filer/EIN0546060437
ReturnHeader/Filer/PhoneNum07034375800
ReturnHeader/Filer/USAddress/AddressLine1Txt0397 HERNDON PARKWAY NO 100
ReturnHeader/Filer/USAddress/CityNm0HERNDON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020170
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541917519
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DALY HAMAD & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01037 STERLING RD SUITE 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HERNDON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020170
ReturnHeader/PreparerPersonGrp/PhoneNum07037969501
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL HAMAD CPA
ReturnHeader/ReturnTs02021-11-09T17:12:49-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KIM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HENDON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.62$0.02$1.59$0.28$0.21$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.61$0.09$1.52$0.28$0.18$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.15$1.42$0.26$0.16$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.55$0.23$1.32$0.25$0.26$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.64$0.31$1.33$0.25$0.15$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.59$0.37$1.22$0.25$0.12$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.46$0.23$0.23$0.20$0.11$0.09
2017Summary only. Only limited summary data is available for this year.$0.19$0.03$0.20$0.35$0.16
2016Summary only. Only limited summary data is available for this year.$0.35$0.02$0.19$0.18$0.01
2015Summary only. Only limited summary data is available for this year.$0.36$0.04$0.19$0.15$0.04
2014Summary only. Only limited summary data is available for this year.$0.30$0.02$0.18$0.12$0.07
2013Summary only. Only limited summary data is available for this year.$0.24$0.02$0.18$0.20$0.02
2012Summary only. Only limited summary data is available for this year.$0.26$0.02$0.18$0.13$0.04
2011Summary only. Only limited summary data is available for this year.$0.22$0.03$0.17$0.13$0.05