Civic Intelligence

Montreat Conference Center

EIN 56-2151021 • 501(c)3 • Montreat, NC

Profile

Seeks to glorify god by serving the whole church of jesus christ by calling all god's people to a place set apart, for spiritual commitment and renewal, to grow in discipleship, to build relationships, and to prepare one another for christ's ministry in the world.

PO Box 969Montreat, NC 28757

www.montreat.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

99th percentile

98%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

89th percentile

45%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Up

$3,544,867

Up $1,098,624 (+45%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$3,544,867

Up $1,098,624 (+45%) from 2023

Revenue

Up

$1,203,524

Up $1,242,390 (+3197%) from 2023

Expenses

Up

$19,554

Up $19,554 from 2023

Net Income

Up

$1,183,970

Up $1,222,836 (+3146%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,858,178Liabilities 2011: $0Net Assets 2011: $1,858,1782011Assets 2012: $1,787,677Liabilities 2012: $0Net Assets 2012: $1,787,6772012Assets 2013: $2,245,438Liabilities 2013: $0Net Assets 2013: $2,245,4382013Assets 2014: $2,086,754Liabilities 2014: $0Net Assets 2014: $2,086,7542014Assets 2015: $2,175,072Liabilities 2015: $0Net Assets 2015: $2,175,0722015Assets 2016: $2,058,504Liabilities 2016: $0Net Assets 2016: $2,058,5042016Assets 2017: $2,156,861Liabilities 2017: $0Net Assets 2017: $2,156,8612017Assets 2018: $2,274,724Liabilities 2018: $0Net Assets 2018: $2,274,7242018Assets 2019: $2,312,399Liabilities 2019: $0Net Assets 2019: $2,312,3992019Assets 2020: $2,201,025Liabilities 2020: $0Net Assets 2020: $2,201,0252020Assets 2021: $2,808,490Liabilities 2021: $0Net Assets 2021: $2,808,4902021Assets 2022: $2,569,443Liabilities 2022: $0Net Assets 2022: $2,569,4432022Assets 2023: $2,446,243Liabilities 2023: $0Net Assets 2023: $2,446,2432023Assets 2024: $3,544,867Liabilities 2024: $0Net Assets 2024: $3,544,8672024

Highlighted filing

2024

Assets$3,544,867
Liabilities$0
Net Assets$3,544,867

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $207,439Expenses 2011: $0Net Income 2011: $207,4392011Expenses 2012: $02012Revenue 2013: $457,761Expenses 2013: $0Net Income 2013: $457,7612013Revenue 2014: -$87,897Expenses 2014: $0Net Income 2014: -$87,8972014Revenue 2015: $161,027Expenses 2015: $0Net Income 2015: $161,0272015Revenue 2016: -$44,500Expenses 2016: $0Net Income 2016: -$44,5002016Revenue 2017: $169,752Expenses 2017: $0Net Income 2017: $169,7522017Revenue 2018: $165,770Expenses 2018: $0Net Income 2018: $165,7702018Revenue 2019: $109,283Expenses 2019: $0Net Income 2019: $109,2832019Revenue 2020: -$38,221Expenses 2020: $0Net Income 2020: -$38,2212020Revenue 2021: $683,187Expenses 2021: $0Net Income 2021: $683,1872021Revenue 2022: -$161,567Expenses 2022: $0Net Income 2022: -$161,5672022Revenue 2023: -$38,866Expenses 2023: $0Net Income 2023: -$38,8662023Revenue 2024: $1,203,524Expenses 2024: $19,554Net Income 2024: $1,183,9702024

Highlighted filing

2024

Revenue$1,203,524
Expenses$19,554
Net Income$1,183,970

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$3.54$0.00$3.54$1.20$0.02$1.18
2023Summary only. Only limited summary data is available for this year.$2.45$0.00$2.45$0.04$0.00$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.00$2.57$0.16$0.00$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.00$2.81$0.68$0.00$0.68
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.00$2.20$0.04$0.00$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.31$0.00$2.31$0.11$0.00$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.00$2.27$0.17$0.00$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.16$0.00$2.16$0.17$0.00$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$0.00$2.06$0.04$0.00$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$0.16$0.00$0.16
2014Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$0.09$0.00$0.09
2013Summary only. Only limited summary data is available for this year.$2.25$0.00$2.25$0.46$0.00$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.00$1.79$0.00
2011Summary only. Only limited summary data is available for this year.$1.86$0.00$1.86$0.21$0.00$0.21
Latest Detailed Filing

The latest 2024 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
May 1, 2021 to Apr 30, 2022
Signed
Sep 16, 2022
Return Version
2021v4.0
Gross Receipts
$695,022
Mission and Program Overview

Mission

Seeks to glorify god by serving the whole church of jesus christ by calling all god's people to a place set apart, for spiritual commitment and renewal, to grow in discipleship, to build relationships, and to prepare one another for christ's ministry in the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,808,490$2,569,443▼ $239,047
Total Assets$2,808,490$2,569,443▼ $239,047
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,275,679$2,275,899▲ $220
Net Assets Without Donor Restrictions$532,811$293,544▼ $239,267
Total Net Assets Fund Balance$2,808,490$2,569,443▼ $239,047
Total Liabilities and Net Assets / Fund Balance$2,808,490$2,569,443▼ $239,047

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$2,275,679---$2,275,899
2020$2,275,679---$2,275,679
2019$2,275,679---$2,275,679
2018$2,275,679---$2,275,679
2017$2,275,679---$2,275,679
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$220
Program Service Revenue
$0
Investment Income
$-161,787
Other Revenue
$0
All Other Contributions
$220
Change in Net Assets
$-161,567

Audited Revenue Reconciliation

Revenue per Audited Statements
$-161,567
Revenue Not Reported on Form 990
$-77,480
Total Revenue per Audited Statements
$-239,047
Total Revenue per Form 990
$-161,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Margaret scheu william e. Scheu director director family

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

Members of the board of directors are approved by the board of mountain retreat association, a related nonprofit organization.

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

The return was prepared by an independent accountant with assistance and oversight by the management of mountain retreat association. Upon completion and review, the return was provided to each voting member prior to submission to the irs.

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

The conflict of interest policy is shared with the policy of the mountain retreat association, and results of the annual policy submission are reviewed by that organization's board of directors.

Form 990, Page 6, Part VI, Line 19

These documents are not available to the public.

Filing and Contact Details

Filer

Filer Name
Montreat Conference Center
EIN
56-2151021
Phone
8286692911
Address
PO BOX 969, MONTREAT, NC 28757

Signing Officer

Name
Julia Sibley-jones
Title
Treasurer
Phone
8286692911
Signed
2022-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clarence W Legerton Iii
Formed
1984
Legal Domicile
Nc
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
29

Preparer

Firm
Carter P C
Address
301 COLLEGE ST STE 320, ASHEVILLE, NC 28801-2449
Preparer
Rufus W Dollar
Phone
8282599900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Seeks to glorify god by serving the whole church of jesus christ by calling all god's people to a place set apart, for spiritual commitment and renewal, to grow in discipleship, to build relationships, and to prepare one another for christ's ministry in the world.

Form 990, Page 1, Part I, Line 6

Volunteers for the organization include the board of directors and investment committee.

Form 990, Part XI, Line 9

Transfer to related organization -77,480

Financial Statement Notes

Schedule D, Page 3, Part X

The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activites. The organization beleives that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The foundation's return of organization exempt from income tax (form 990) for the tax years ended april 30, 2021, 2020, and 2019, are subject to examination by the irs, generally for three years after they were filed.

Schedule D, Page 4, Part XI, Line 2D

Transfer to related organization -77,480

Raw XML AppendixShowing 400 of 511 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
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IRS990/AllOtherContributionsAmt0220
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IRS990/CYRevenuesLessExpensesAmt0-161567
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR THR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR THR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR THR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR THR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR THR
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IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR THR
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IRS990/MissionDesc0SEEKS TO GLORIFY GOD BY SERVING THE WHOLE CHURCH OF JESUS CHRIST BY CALLING ALL GOD'S PEOPLE TO A PLACE SET APART, FOR SPIRITUAL COMMITMENT AND RENEWAL, TO GROW IN DISCIPLESHIP, TO BUILD RELATIONSHIPS, AND TO PREPARE ONE ANOTHER FOR CHRIST'S MINISTRY IN THE WORLD.
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IRS990/PrincipalOfficerNm0CLARENCE W LEGERTON III
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MOUNTAIN RETREAT ASSOCIATION
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITES. THE ORGANIZATION BELEIVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION'S RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR THE TAX YEARS ENDED APRIL 30, 2021, 2020, AND 2019, ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TRANSFER TO RELATED ORGANIZATION -77,480
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEEKS TO GLORIFY GOD BY SERVING THE WHOLE CHURCH OF JESUS CHRIST BY CALLING ALL GOD'S PEOPLE TO A PLACE SET APART, FOR SPIRITUAL COMMITMENT AND RENEWAL, TO GROW IN DISCIPLESHIP, TO BUILD RELATIONSHIPS, AND TO PREPARE ONE ANOTHER FOR CHRIST'S MINISTRY IN THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS FOR THE ORGANIZATION INCLUDE THE BOARD OF DIRECTORS AND INVESTMENT COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MARGARET SCHEU WILLIAM E. SCHEU DIRECTOR DIRECTOR FAMILY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD OF DIRECTORS ARE APPROVED BY THE BOARD OF MOUNTAIN RETREAT ASSOCIATION, A RELATED NONPROFIT ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY THE MANAGEMENT OF MOUNTAIN RETREAT ASSOCIATION. UPON COMPLETION AND REVIEW, THE RETURN WAS PROVIDED TO EACH VOTING MEMBER PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY IS SHARED WITH THE POLICY OF THE MOUNTAIN RETREAT ASSOCIATION, AND RESULTS OF THE ANNUAL POLICY SUBMISSION ARE REVIEWED BY THAT ORGANIZATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TRANSFER TO RELATED ORGANIZATION -77,480
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6

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