Civic Intelligence

Historic Ricefields Association Inc.

990 • Fiscal year 2015 • EIN 57-0686411

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 30, 2016

PO Box 2129Georgetown, SC 29442

(843) 546-2426

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

1st percentile

-1961%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

12th percentile

-10%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

2nd percentile

-77%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,112,314

Down $127,720 (-10%) from 2014

Net Assets

Down

$1,112,314

Down $127,720 (-10%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$6,512

Down $21,292 (-77%) from 2014

Expenses

Up

$134,232

Up $121,723 (+973%) from 2014

Net Income

Down

-$127,720

Down $143,015 (-935%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,171,195Liabilities 2010: $0Net Assets 2010: $1,171,1952010Assets 2011: $1,168,037Liabilities 2011: $0Net Assets 2011: $1,168,0372011Assets 2012: $1,331,562Liabilities 2012: $0Net Assets 2012: $1,331,5622012Assets 2013: $1,224,739Liabilities 2013: $0Net Assets 2013: $1,224,7392013Assets 2014: $1,240,034Liabilities 2014: $0Net Assets 2014: $1,240,0342014Assets 2015: $1,112,314Liabilities 2015: $0Net Assets 2015: $1,112,3142015Assets 2016: $716,607Liabilities 2016: $0Net Assets 2016: $716,6072016Assets 2017: $793,071Liabilities 2017: $0Net Assets 2017: $793,0712017Assets 2018: $762,986Liabilities 2018: $0Net Assets 2018: $762,9862018Assets 2019: $695,525Liabilities 2019: $0Net Assets 2019: $695,5252019Assets 2020: $661,821Liabilities 2020: $0Net Assets 2020: $661,8212020Assets 2021: $654,186Liabilities 2021: $0Net Assets 2021: $654,1862021Assets 2022: $533,084Liabilities 2022: $0Net Assets 2022: $533,0842022Assets 2023: $492,912Liabilities 2023: $0Net Assets 2023: $492,9122023Assets 2024: $489,987Liabilities 2024: $0Net Assets 2024: $489,9872024

Highlighted filing

2015

Assets$1,112,314
Liabilities$0
Net Assets$1,112,314

Operations Trend

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

$400K$200K$0-$200K-$400KExpenses 2010: $19,7022010Expenses 2011: $11,9012011Expenses 2012: $37,7262012Revenue 2013: $36,502Expenses 2013: $143,325Net Income 2013: -$106,8232013Revenue 2014: $27,804Expenses 2014: $12,509Net Income 2014: $15,2952014Revenue 2015: $6,512Expenses 2015: $134,232Net Income 2015: -$127,7202015Revenue 2016: $1,750Expenses 2016: $397,457Net Income 2016: -$395,7072016Revenue 2017: $115,050Expenses 2017: $38,586Net Income 2017: $76,4642017Revenue 2018: $4,402Expenses 2018: $34,487Net Income 2018: -$30,0852018Revenue 2019: $44,298Expenses 2019: $111,759Net Income 2019: -$67,4612019Revenue 2020: $1,706Expenses 2020: $35,410Net Income 2020: -$33,7042020Revenue 2021: $2,729Expenses 2021: $10,364Net Income 2021: -$7,6352021Revenue 2022: $52,718Expenses 2022: $173,820Net Income 2022: -$121,1022022Revenue 2023: $19,694Expenses 2023: $59,866Net Income 2023: -$40,1722023Revenue 2024: $22,884Expenses 2024: $25,809Net Income 2024: -$2,9252024

Highlighted filing

2015

Revenue$6,512
Expenses$134,232
Net Income-$127,720
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 30, 2016
Return Version
2015v2.1
Gross Receipts
$6,512
Mission and Program Overview

Mission

Protect the resources of the sc lowcountry. Work to conserve and protect historic ricefields and other sensitive wetlands, as well as other historic properties.

Advocate for the preservation of historic coastal sc properties and be a promoter of the history, beauty, quality of life and value of the historic sc lowcountry. Work to manage , conserve and restore ricefields and other wetlands, as well as historic land sites.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,240,034$1,112,314▼ $127,720
Savings and Temporary Cash Investments$861,958$734,238▼ $127,720
Land, Buildings, and Equipment, Net$378,076$378,076→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,240,034$1,112,314▼ $127,720
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,240,034$1,112,314▼ $127,720
Total Liabilities and Net Assets / Fund Balance$1,240,034$1,112,314▼ $127,720

Asset Categories

AssetBook ValueDepreciationBasis
Land$378,076-$378,076
Compensation and Service Providers

Board Members and Trustees

NameTitle
T Smith Ragsdale IiiPresident/treasurer
Herbert J ButlerVice President
Alex M Quattlebaum IiiDirector
Rt Rev Cf AllisonDirector
Joseph L CarterSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,100
Program Service Revenue
$4,500
Investment Income
$912
Other Revenue
$0
All Other Contributions
$1,100
Change in Net Assets
$-127,720
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$74,232
Grants and Similar Amounts Paid$60,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$60,000--$60,000
Fees for Services Other-$5,183-$5,183
Insurance-$2,071-$2,071
Fees for Services Accounting-$1,050-$1,050
Other Expenses$241$98-$98
All Other Expenses$56$40-$96
Total Functional Expenses$125,790$8,442$0$134,232
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Nature ConservancyColumbia, SC501(c)(3)Conservation$50,000
St James Santee Brick Church Restoration and Preservation CommitteeMcclellanville, SC501(c)(3)Conservation$10,000
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
Yes
Audit committee
No
Backup withholding compliance
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
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 11

A copy of the form 990 is reviewed by the president/treasurer and made available to the full board before filing the return.

Form 990, Part VI, Section C, Line 19

The historic ricefields association, inc. Honors the requirements of the laws governing requests for such documents from the public and federal and state agencies.

Filing and Contact Details

Filer

Filer Name
Historic Ricefields Association Inc
EIN
57-0686411
Phone
8435462426
Address
PO BOX 2129, GEORGETOWN, SC 29442

Signing Officer

Name
T Smith Ragsdale
Title
President
Phone
8435462426
Signed
2016-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
T Smith Ragsdale
Formed
1978
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Websterrogers Llp
Address
P O DRAWER 1628, GEORGETOWN, SC 29442
Preparer
Joye M Johnson CPA
Phone
8435462426
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

The historic rice fields association undertook two new program services in 2015: one to conserve wetlands along the waccamaw river and another to assist with restoration of the the historic st. James santee "brick church." see part iii line 4b and 4c for details.

Form 990, Part III, Line 3

The historic rice fields association did not incur expenses to support the publications by ducks unlimited, nor did they fund scholarships for residents of sandy island.

Form 990, Part IX, Line 24E

Dues and subscriptions: program service expenses 50. Management and general expenses 0. Fundraising expenses 0. Total expenses 50. Bank charges: program service expenses 0. Management and general expenses 40. Fundraising expenses 0. Total expenses 40. Property taxes-longwood island south: program service expenses 6. Management and general expenses 0. Fundraising expenses 0. Total expenses 6.

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IRS990ScheduleA/Total509Grp/TotalAmt0269235
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt027804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt036502
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0201251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt08743
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0280812
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/LandGrp/BookValueAmt0378076
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0378076
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0378076
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt150000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONSERVATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CONSERVATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ST JAMES SANTEE BRICK CHURCH RESTORATION AND PRESERVATION COMMITTEE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE NATURE CONSERVANCY
IRS990ScheduleI/RecipientTable/RecipientEIN0208420035
IRS990ScheduleI/RecipientTable/RecipientEIN1530242652
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 704
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 5475
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MCCLELLANVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1COLUMBIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1SC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd029458
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd129250
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE 2015 RECIPIENTS OF CONTRIBUTIONS WERE SELECTED FOR SPECIFIC CONSERVATION PROJECTS (SEE PAGE 2, PART III FOR DETAILS) WHICH MET THE MISSION GOALS OF THE ORGANIZATION AND WHICH WERE COMPLETED SOON AFTER THE DONATIONS. NO FURTHER FOLLOW UP IS DEEMED NECESSARY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HISTORIC RICE FIELDS ASSOCIATION UNDERTOOK TWO NEW PROGRAM SERVICES IN 2015: ONE TO CONSERVE WETLANDS ALONG THE WACCAMAW RIVER AND ANOTHER TO ASSIST WITH RESTORATION OF THE THE HISTORIC ST. JAMES SANTEE "BRICK CHURCH." SEE PART III LINE 4B AND 4C FOR DETAILS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE HISTORIC RICE FIELDS ASSOCIATION DID NOT INCUR EXPENSES TO SUPPORT THE PUBLICATIONS BY DUCKS UNLIMITED, NOR DID THEY FUND SCHOLARSHIPS FOR RESIDENTS OF SANDY ISLAND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS REVIEWED BY THE PRESIDENT/TREASURER AND MADE AVAILABLE TO THE FULL BOARD BEFORE FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE HISTORIC RICEFIELDS ASSOCIATION, INC. HONORS THE REQUIREMENTS OF THE LAWS GOVERNING REQUESTS FOR SUCH DOCUMENTS FROM THE PUBLIC AND FEDERAL AND STATE AGENCIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 50. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50. BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 40. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40. PROPERTY TAXES-LONGWOOD ISLAND SOUTH: PROGRAM SERVICE EXPENSES 6. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd01
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01240034
IRS990/TotalAssetsEOYAmt01112314
IRS990/TotalAssetsGrp/BOYAmt01240034
IRS990/TotalAssetsGrp/EOYAmt01112314
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01100
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08442
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0125790
IRS990/TotalFunctionalExpensesGrp/TotalAmt0134232
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01240034
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01112314
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0747
IRS990/TotalOtherProgSrvcRevenueAmt04500
IRS990/TotalProgramServiceExpensesAmt0125790
IRS990/TotalProgramServiceRevenueAmt04500
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0912
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06512
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01240034
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01112314
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2129
IRS990/USAddress/CityNm0GEORGETOWN
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029442
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0T SMITH RAGSDALE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08435462426
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HISTORIC RICEFIELDS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HIST
ReturnHeader/Filer/EIN0570686411
ReturnHeader/Filer/PhoneNum08435462426
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2129
ReturnHeader/Filer/USAddress/CityNm0GEORGETOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029442
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570776381
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEBSTERROGERS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O DRAWER 1628
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GEORGETOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029442
ReturnHeader/PreparerPersonGrp/PhoneNum08435462426
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOYE M JOHNSON CPA
ReturnHeader/ReturnTs02016-07-06T08:13:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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.$0.49$0.00$0.49$0.02$0.03$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.02$0.06$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.05$0.17$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.00$0.04$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.04$0.11$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.00$0.03$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.12$0.04$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.00$0.40$0.40
2015Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.01$0.13$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.03$0.01$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$0.04$0.14$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.02
Peer Organizations

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