Civic Intelligence

Christmount Christian Assembly Inc

990 • Fiscal year 2014 • EIN 56-0731505

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 16, 2015

222 Fern WayBlack Mountain, NC 28711

(828) 669-8977

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.07x

Higher debt load relative to assets than 42% of similar nonprofits.

2014 filings • NTEE N • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

62nd percentile

0.24x

Higher debt load relative to revenue than 62% of similar nonprofits.

2014 filings • NTEE N • $1M-$5M nonprofits • Source year 2014

Net Margin

17th percentile

-9.4%

Higher net margin than 17% of similar nonprofits.

2014 filings • NTEE N • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

70th percentile

$77,056

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2014 filings • NTEE N • $1M-$5M nonprofits • Source year 2014

Asset Growth

18th percentile

-4.6%

Faster asset growth than 18% of similar nonprofits.

2014 filings • NTEE N • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

10th percentile

-24%

Faster revenue growth than 10% of similar nonprofits.

2014 filings • NTEE N • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$4,330,955

Down $207,156 (-4.6%) from 2013

Net Assets

Down

$4,042,068

Down $112,834 (-2.7%) from 2013

Liabilities

Down

$288,887

Down $94,322 (-25%) from 2013

Revenue

Down

$1,199,568

Down $378,279 (-24%) from 2013

Expenses

Up

$1,312,403

Up $110,022 (+9.2%) from 2013

Net Income

Down

-$112,835

Down $488,301 (-130%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,389,394Liabilities 2010: $228,122Net Assets 2010: $4,161,2722010Assets 2011: $4,085,071Liabilities 2011: $214,149Net Assets 2011: $3,870,9222011Assets 2012: $4,130,786Liabilities 2012: $351,350Net Assets 2012: $3,779,4362012Assets 2013: $4,538,111Liabilities 2013: $383,209Net Assets 2013: $4,154,9022013Assets 2014: $4,330,955Liabilities 2014: $288,887Net Assets 2014: $4,042,0682014Assets 2015: $3,846,368Liabilities 2015: $215,697Net Assets 2015: $3,630,6712015Assets 2016: $3,732,500Liabilities 2016: $205,663Net Assets 2016: $3,526,8372016Assets 2017: $3,641,926Liabilities 2017: $226,357Net Assets 2017: $3,415,5692017Assets 2018: $3,504,161Liabilities 2018: $247,273Net Assets 2018: $3,256,8882018Assets 2019: $3,432,313Liabilities 2019: $231,438Net Assets 2019: $3,200,8752019Assets 2020: $3,745,482Liabilities 2020: $389,963Net Assets 2020: $3,355,5192020Assets 2021: $3,874,474Liabilities 2021: $251,397Net Assets 2021: $3,623,0772021Assets 2022: $3,530,790Liabilities 2022: $314,989Net Assets 2022: $3,215,8012022Assets 2023: $4,200,820Liabilities 2023: $321,679Net Assets 2023: $3,879,1412023Assets 2024: $4,746,706Liabilities 2024: $250,424Net Assets 2024: $4,496,2822024

Highlighted filing

2014

Assets$4,330,955
Liabilities$288,887
Net Assets$4,042,068

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,190,7682010Expenses 2011: $1,243,0932011Expenses 2012: $1,231,0862012Revenue 2013: $1,577,847Expenses 2013: $1,202,381Net Income 2013: $375,4662013Revenue 2014: $1,199,568Expenses 2014: $1,312,403Net Income 2014: -$112,8352014Revenue 2015: $966,285Expenses 2015: $1,377,682Net Income 2015: -$411,3972015Revenue 2016: $1,320,258Expenses 2016: $1,345,890Net Income 2016: -$25,6322016Revenue 2017: $1,166,677Expenses 2017: $1,246,993Net Income 2017: -$80,3162017Revenue 2018: $1,406,202Expenses 2018: $1,484,601Net Income 2018: -$78,3992018Revenue 2019: $1,326,357Expenses 2019: $1,442,733Net Income 2019: -$116,3762019Revenue 2020: $959,265Expenses 2020: $903,220Net Income 2020: $56,0452020Revenue 2021: $1,564,486Expenses 2021: $1,334,211Net Income 2021: $230,2752021Revenue 2022: $1,671,706Expenses 2022: $1,691,583Net Income 2022: -$19,8772022Revenue 2023: $2,114,854Expenses 2023: $1,657,549Net Income 2023: $457,3052023Revenue 2024: $2,183,207Expenses 2024: $1,568,974Net Income 2024: $614,2332024

Highlighted filing

2014

Revenue$1,199,568
Expenses$1,312,403
Net Income-$112,835
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 16, 2015
Return Version
2014v5.0
Gross Receipts
$1,199,568
Mission and Program Overview

Mission

Christmount is a camp, conference and retreat center for the christian church (disciples of christ), whose mission is to serve god by providing opportunities for life-changing and enriching experiences in faith, knowledge, leadership and personal relationships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,299,683$2,153,560▼ $146,123
Land, Buildings, and Equipment, Net$1,922,665$1,841,887▼ $80,778
Pledges and Grants Receivable$190,615$162,368▼ $28,247
Loans From Officers Directors$148,000--
Cash and Non-Interest-Bearing Accounts$74,059$92,191▲ $18,132
Savings and Temporary Cash Investments$18,033$35,779▲ $17,746
Inventories for Sale or Use-$12,730-
Accounts Receivable$7,725$8,162▲ $437
Intangible Assets$2,648--
Total Assets$4,538,111$4,330,955▼ $207,156
Other Assets Total$22,683$24,278▲ $1,595
Liabilities
Mortgage Notes Payable Secured by Investment Property$141,040$186,821▲ $45,781
Accounts Payable and Accrued Expenses$68,174$84,261▲ $16,087
Deferred Revenue$22,995$13,305▼ $9,690
Other Liabilities$3,000$4,500▲ $1,500
Total Liabilities$383,209$288,887▼ $94,322
Net Assets / Fund Balance
Unrestricted Net Assets$2,974,903$2,522,293▼ $452,610
Permanently Rstr Net Assets$663,163$910,676▲ $247,513
Temporarily Rstr Net Assets$516,836$609,099▲ $92,263
Total Net Assets Fund Balance$4,154,902$4,042,068▼ $112,834
Total Liabilities and Net Assets / Fund Balance$4,538,111$4,330,955▼ $207,156

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,380,315$1,806,538$3,186,853
Equipment$268,673$517,626$786,299
Other Land Buildings$123,326$283,265$406,591
Land$69,573-$69,573

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,379,999$181,936▲ $20,529$62,689$1,519,775
2013$2,142,011$291,838▲ $272,310$1,326,160$1,379,999
2012$2,030,505$74,088▲ $244,479$207,061$2,142,011
2011$2,294,807$45,295▼ $147,650$161,947$2,030,505
2010$2,298,805$18,287▲ $128,068$150,353$2,294,807
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael P MurphyExec DirectFT$64,495$12,561$77,056

Board Members and Trustees

NameTitle
David ClickBylaws Chair
Ann ClickBoard Member
Barbara MurphreeBoard Member
Beth ThomasonBoard Member
Bill MooreBoard Member
Bob ClarkeBoard Member
Bob MootyBoard Member
Bobby RichardsonBoard Member
Curtis WheelerBoard Member
Dee LongBoard Member
Eliza Husser CaveBoard Member
Elizabeth SpeightBoard Member
Hal TatumBoard Member
Irma TingleBoard Member
J C DavisBoard Member
J O WilliamsBoard Member
Jamie EubanksBoard Member
Jan MackenzieBoard Member
Jim HarleyBoard Member
Karen NolanBoard Member
Kyle BrownBoard Member
Laura BarkhauerBoard Member
Lee Roy SingletonBoard Member
Lenora WashingtonBoard Member
Margaret LoganBoard Member
Margaret MarquisBoard Member
Margy PattersonBoard Member
Mike MccollBoard Member
Milton SummerallBoard Member
Pat FeatherstunBoard Member
Pat TraderBoard Member
Richard TumblinBoard Member
Richard ZiglarBoard Member
Ron DeggesBoard Member
Ruth LutzBoard Member
Sandi BrunerBoard Member
Sandra JakewayBoard Member
Stephanie MoonBoard Member
Stewart DraperBoard Member
Terry HarperBoard Member
Wayne JakewayAsst Treasur
Hope HodnettChurch & Pr
Evelyn TriggColumbarium
Tom WoodDevelopment
Lynn BranchHistorian
Sarah DraperModerator
Heather MccollNominating C
Charlie BranchProperty & L
Betty CurtisSecretary
Gwen MyersTreasurer
Donald KnibbUtility Chai
Howard OrebaughVice Moderat
Revenue and Support

Revenue Composition

Contributions and Grants
$374,023
Program Service Revenue
$469,796
Investment Income
$180,115
Other Revenue
$175,634
All Other Contributions
$374,023
Change in Net Assets
$-112,835

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,199,568
Total Revenue per Audited Statements
$1,199,568
Total Revenue per Form 990
$1,199,568
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$690,706
Other Expenses$621,697
Total Fundraising Expense$26,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$449,620$35,762$3,099$488,481
All Other Expenses$109,685$40,290$4,367$154,342
Depreciation Depletion$114,488$6,197-$120,685
Other Employee Benefits$53,562$12,164$2,379$68,105
Current Officers, Directors, Trustees, and Key Employees$15,953$34,551$13,991$64,495
Payroll Taxes$34,829$5,379$1,307$41,515
Other Expenses$29,976$927-$30,903
Pension Plan Contributions$21,992$4,922$1,196$28,110
Interest-$14,685-$14,685
Travel$9,415--$9,415
Total Functional Expenses$1,124,618$161,446$26,339$1,312,403

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,312,403
Expenses per Audited Statements$1,312,402
Total Expenses per Audited Statements$1,312,402
Expenses Not Reported on Financial Statements$1
Other Expense Adjustments$1
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$148,000--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$4,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 2

Stewart draper sarah draper board member board member married charlie branch lynn branch board member board member married wayne jakeway sandra jakeway board member board member married mike mccoll heather mccoll board member board member married dave click ann click board member board member married

Form 990, Page 6, Part VI, Line 7A

(1)officers, as stated in article iv, section a of the bylaws and serve for two-year terms, not to exceed three consecutive terms (six years), with the exception of the secretary and the treasurer, who may be re-elected as needed. Article iv: officers section b of the bylaws govern the election of officers, all officers are to be selected from among regional representatives, and at-large members, and life directors, with the exception of the treasurer, assistant treasurer, and assistant secretary.

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by executive director and an appointed representative of the board prior to filing.

Form 990, Page 6, Part VI, Line 12C

The following procedure shall be used if a question of conflict of interest arises: 1. Determining whether a conflict of interest exists after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board members shall decide if a conflict of interest exists. 2. Procedures for addressing the conflict of interest a.an interested person may make a presentation at the board meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B.the moderator of the board shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C.after exercising due diligence, the board shall determine whether christmount can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D.if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decisio

Form 990, Page 6, Part VI, Line 15A

Compensation for all staff are subject to approval by the board of directors.

Form 990, Page 6, Part VI, Line 19

Public documents are maintained at christmount and are available upon request.

Filing and Contact Details

Filer

Filer Name
Christmount Christian Assembly Inc
EIN
56-0731505
Phone
8286698977
Address
222 FERN WAY, BLACK MOUNTAIN, NC 28711

Signing Officer

Name
Michael P Murphy
Title
Executive Director
Phone
8286698977
Signed
2015-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael P Murphy
Formed
1948
Legal Domicile
Nc
Voting Board Members
52
Independent Board Members
52
Employees
65
Volunteers
112

Preparer

Firm
Goldsmith Molis & Gray Pllc
Address
32 ORANGE ST, ASHEVILLE, NC 28801-2914
Preparer
Crystal Z Goldsmith CPA
Phone
8282813161
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Christmount is a camp, conference and retreat center for the christian church (disciples of christ), whose mission is to serve god by providing opportunities for life-changing and enriching experiences in faith, knowledge, leadership and personal relationships.

Form 990, Part IX, Line 24E

Supplies 26,670 870 1,449 misc. Utilities component 26,464 0 0 professional fees 0 20,174 0 promotional expense 16,155 0 1,916 program expense 16,978 0 0 investment management fee 0 9,503 0 trash collection 8,746 270 0 telephone 3,341 2,339 1,002 bank and credit card char 0 5,651 0 speaker honoria and trave 5,246 0 0 miscellaneous 4,814 0 0 licenses, taxes and fees 0 1,490 0 continuing education 1,271 0 0 rounding 0 -7 0

Form 990, Part XI, Line 9

ROUNDING 1

Financial Statement Notes

Schedule D, Page 2, Part III, Line 4

During 2001, the assembly received certain artwork under an agreement with a donor that permits these items to be displayed only. The gift is conditional in that the donor has specified the exclusive purpose for which the artwork can be utilized and prohibits the assembly from either selling or exchanging the work. As holder of the art, the assembly has the responsiblity of guarding and maintaining the collection. A detailed record of the art is maintained. Even though, under different conditions, the are may have an ascertainable value and be marketable, no value has been assigned to the gift in these finnacial statements.

Schedule D, Page 3, Part X

Fasb asc 740, "accounting for uncertainty in income taxes", clarified the accounting for the recognition and measurement of uncertainties in income taxes recognized in an entity's financial statements and prescribes a threshold of more-likely-than-not for recognition of tax positions taken or expected to be taken in a tax return. The assembly's policy is to evaluate the likelihood that its uncertain tax positions have substantial support within the internal revenue code and regulations, revenue rulings, court decisions and other evidence. As of december 31, 2014 the organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.

Schedule D, Page 4, Part XII, Line 4B

ROUNDING 1

Raw XML AppendixShowing 400 of 775 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/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt510
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt520
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL P MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm1LAURA BARKHAUER
IRS990/Form990PartVIISectionAGrp/PersonNm2CHARLIE BRANCH
IRS990/Form990PartVIISectionAGrp/PersonNm3LYNN BRANCH
IRS990/Form990PartVIISectionAGrp/PersonNm4KYLE BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm5SANDI BRUNER
IRS990/Form990PartVIISectionAGrp/PersonNm6BOB CLARKE
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID CLICK
IRS990/Form990PartVIISectionAGrp/PersonNm8ANN CLICK
IRS990/Form990PartVIISectionAGrp/PersonNm9BETTY CURTIS
IRS990/Form990PartVIISectionAGrp/PersonNm10J C DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm11RON DEGGES
IRS990/Form990PartVIISectionAGrp/PersonNm12SARAH DRAPER
IRS990/Form990PartVIISectionAGrp/PersonNm13STEWART DRAPER
IRS990/Form990PartVIISectionAGrp/PersonNm14JAMIE EUBANKS
IRS990/Form990PartVIISectionAGrp/PersonNm15PAT FEATHERSTUN
IRS990/Form990PartVIISectionAGrp/PersonNm16JIM HARLEY
IRS990/Form990PartVIISectionAGrp/PersonNm17TERRY HARPER
IRS990/Form990PartVIISectionAGrp/PersonNm18HOPE HODNETT
IRS990/Form990PartVIISectionAGrp/PersonNm19ELIZA HUSSER CAVE
IRS990/Form990PartVIISectionAGrp/PersonNm20SANDRA JAKEWAY
IRS990/Form990PartVIISectionAGrp/PersonNm21WAYNE JAKEWAY
IRS990/Form990PartVIISectionAGrp/PersonNm22DONALD KNIBB
IRS990/Form990PartVIISectionAGrp/PersonNm23MARGARET LOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm24DEE LONG
IRS990/Form990PartVIISectionAGrp/PersonNm25RUTH LUTZ
IRS990/Form990PartVIISectionAGrp/PersonNm26JAN MACKENZIE
IRS990/Form990PartVIISectionAGrp/PersonNm27MARGARET MARQUIS
IRS990/Form990PartVIISectionAGrp/PersonNm28HEATHER MCCOLL
IRS990/Form990PartVIISectionAGrp/PersonNm29MIKE MCCOLL
IRS990/Form990PartVIISectionAGrp/PersonNm30STEPHANIE MOON
IRS990/Form990PartVIISectionAGrp/PersonNm31BILL MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm32BOB MOOTY
IRS990/Form990PartVIISectionAGrp/PersonNm33BARBARA MURPHREE
IRS990/Form990PartVIISectionAGrp/PersonNm34GWEN MYERS
IRS990/Form990PartVIISectionAGrp/PersonNm35KAREN NOLAN
IRS990/Form990PartVIISectionAGrp/PersonNm36HOWARD OREBAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm37MARGY PATTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm38BOBBY RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm39LEE ROY SINGLETON
IRS990/Form990PartVIISectionAGrp/PersonNm40ELIZABETH SPEIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm41MILTON SUMMERALL
IRS990/Form990PartVIISectionAGrp/PersonNm42HAL TATUM
IRS990/Form990PartVIISectionAGrp/PersonNm43BETH THOMASON
IRS990/Form990PartVIISectionAGrp/PersonNm44IRMA TINGLE
IRS990/Form990PartVIISectionAGrp/PersonNm45PAT TRADER
IRS990/Form990PartVIISectionAGrp/PersonNm46EVELYN TRIGG
IRS990/Form990PartVIISectionAGrp/PersonNm47RICHARD TUMBLIN
IRS990/Form990PartVIISectionAGrp/PersonNm48LENORA WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm49CURTIS WHEELER
IRS990/Form990PartVIISectionAGrp/PersonNm50J O WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm51TOM WOOD
IRS990/Form990PartVIISectionAGrp/PersonNm52RICHARD ZIGLAR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt064495
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt490

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.75$0.25$4.50$2.18$1.57$0.61
2023Detailed filing. Detailed filing data is available for this year.$4.20$0.32$3.88$2.11$1.66$0.46
2022Detailed filing. Detailed filing data is available for this year.$3.53$0.31$3.22$1.67$1.69$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.87$0.25$3.62$1.56$1.33$0.23
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.75$0.39$3.36$0.96$0.90$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.43$0.23$3.20$1.33$1.44$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.50$0.25$3.26$1.41$1.48$0.08
2017Detailed filing. Detailed filing data is available for this year.$3.64$0.23$3.42$1.17$1.25$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.73$0.21$3.53$1.32$1.35$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.85$0.22$3.63$0.97$1.38$0.41
2014Detailed filing. Detailed filing data is available for this year.$4.33$0.29$4.04$1.20$1.31$0.11
2013Detailed filing. Detailed filing data is available for this year.$4.54$0.38$4.15$1.58$1.20$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$0.35$3.78$1.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.09$0.21$3.87$1.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$0.23$4.16$1.19