Civic Intelligence

The J127 Realty Foundation Inc

EIN 57-1193777 • 501(c)2 • Fairfax, VA

Profile

The foundation owns a 27 room conference and retreat leadership center. The center caters to meetings that focus on leadership development, training programs and teamwork.

9657 Blake LaneFairfax, VA 22031

www.ospreypoint.org

Siviq Scores

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

Liabilities / Assets

46th percentile

0.14x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)2 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

50th percentile

1.61x

Higher debt load relative to revenue than 50% of similar nonprofits.

501(c)2 • $5M-$10M nonprofits • Source year 2015

Net Margin

13th percentile

-86%

Higher net margin than 13% of similar nonprofits.

501(c)2 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

60th percentile

$177,836

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 32.7% of source-year revenue.

501(c)2 • $5M-$10M nonprofits • Source year 2015

Asset Growth

61st percentile

0.6%

Faster asset growth than 61% of similar nonprofits.

501(c)2 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

31st percentile

-2.1%

Faster revenue growth than 31% of similar nonprofits.

501(c)2 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$6,097,904

Up $33,380 (+0.6%) from 2014

Liabilities

Up

$874,613

Up $503,921 (+136%) from 2014

Net Assets

Down

$5,223,291

Down $470,541 (-8.3%) from 2014

Revenue

Down

$544,347

Down $11,683 (-2.1%) from 2014

Expenses

Up

$1,015,123

Up $58,452 (+6.1%) from 2014

Net Income

Down

-$470,776

Down $70,135 (-18%) from 2014

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,369,736Liabilities 2010: $1,936,611Net Assets 2010: $4,433,1252010Assets 2011: $6,251,563Liabilities 2011: $2,077,909Net Assets 2011: $4,173,6542011Assets 2012: $6,161,715Liabilities 2012: $2,334,740Net Assets 2012: $3,826,9752012Assets 2013: $6,139,154Liabilities 2013: $44,681Net Assets 2013: $6,094,4732013Assets 2014: $6,064,524Liabilities 2014: $370,692Net Assets 2014: $5,693,8322014Assets 2015: $6,097,904Liabilities 2015: $874,613Net Assets 2015: $5,223,2912015

Highlighted filing

2015

Assets$6,097,904
Liabilities$874,613
Net Assets$5,223,291

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $581,113Expenses 2010: $896,593Net Income 2010: -$315,4802010Revenue 2011: $338,302Expenses 2011: $597,773Net Income 2011: -$259,4712011Revenue 2012: $643,726Expenses 2012: $993,501Net Income 2012: -$349,7752012Expenses 2013: $966,6122013Revenue 2014: $556,030Expenses 2014: $956,671Net Income 2014: -$400,6412014Revenue 2015: $544,347Expenses 2015: $1,015,123Net Income 2015: -$470,7762015

Highlighted filing

2015

Revenue$544,347
Expenses$1,015,123
Net Income-$470,776

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$544,347
Mission and Program Overview

Mission

The foundation owns a 27 room conference and retreat leadership center. The center caters to meetings that focus on leadership development, training programs and teamwork.

Conference and leadership center

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,908,909$5,685,147▼ $223,762
Rtn Earn Endowment Incm Other Fnds$5,693,832$5,223,291▼ $470,541
Cash and Non-Interest-Bearing Accounts$62,427$135,838▲ $73,411
Accounts Receivable$75,916$86,582▲ $10,666
Prepaid Expenses and Deferred Charges$11,907$13,200▲ $1,293
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,064,524$6,097,904▲ $33,380
Other Assets Total$5,365$177,137▲ $171,772
Liabilities
Other Liabilities$323,258$833,183▲ $509,925
Deferred Revenue$30,512$29,894▼ $618
Accounts Payable and Accrued Expenses$16,922$11,536▼ $5,386
Total Liabilities$370,692$874,613▲ $503,921
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,693,832$5,223,291▼ $470,541
Total Liabilities and Net Assets / Fund Balance$6,064,524$6,097,904▲ $33,380

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,144,044$2,259,709$7,403,753
Land$400,000-$400,000
Equipment$109,685$166,178$275,863
Leasehold Improvements$31,418$1,799$33,217
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Delores DeanDirector of Finance and AdminPT$110,835$110,835
Roger ValentineManagerFT$96,200$96,200

Board Members and Trustees

NameTitle
Paul KlaassenChairman
Kathleen DezioBoard Member
Christin SolySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$544,347
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-470,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$734,107
Salaries, Compensation, and Employee Benefits$281,016
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$265,648
Depreciation Depletion---$223,762
Other Salaries and Wages---$152,704
Current Officers, Directors, Trustees, and Key Employees---$96,200
Office Expenses---$41,632
Insurance---$36,620
Advertising---$31,051
Fees for Services Legal---$19,894
Payroll Taxes---$19,352
Fees for Services Management---$11,899
Other Employee Benefits---$11,128
Other Expenses---$10,487
Fees for Services Other---$8,095
Fees for Services Accounting---$2,646
Pension Plan Contributions---$1,632
Travel---$888
Information Technology---$100
Total Functional Expenses$0$0$0$1,015,123
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$833,183
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Part VI, Section A, Line 2

Paul klaassen, chairman of the board and christin soly, secretary are father and daughter.

Form 990, Part VI, Section A, Line 4

The organization was restructured in november 2014 to become a maryland llc.

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

Paul klaasen, the chairman of the board, handles board member selection.

Form 990, Part VI, Section A, Line 8B

There are no committees with the authority to act on behalf of the governing body and therefore no meetings to document.

Form 990, Part VI, Section B, Line 11

The accounting director reviews the form 990 and then submits it to the chairman of the board or the secretary of the board for review and signature.

Form 990, Part VI, Section B, Line 12C

Annual conflict of interest statements are provided by the directors.

Form 990, Part VI, Section B, Line 15

The organization does not have any employees. All employees are paid by a related organization and the organization reimburses the related organization for these amounts. Compensation policies of the related organization are followed.

Form 990, Part VI, Section C, Line 19

The form 990 is available upon request.

Filing and Contact Details

Filer

Filer Name
The J127 Realty Foundation Inc
EIN
57-1193777
Phone
5712215130
Address
9657 BLAKE LANE, FAIRFAX, VA 22031

Signing Officer

Name
Christin Soly
Title
Secretary
Phone
5712215130
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christin Soly
Formed
1986
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
2

Preparer

Firm
Cherry Bekaert Llp
Address
1111 METROPOLITAN AVE STE 1000, CHARLOTTE, NC 28204
Preparer
Janice a Ratica
Phone
7043771678
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAUL KLAASSEN, CHAIRMAN OF THE BOARD AND CHRISTIN SOLY, SECRETARY ARE FATHER AND DAUGHTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION WAS RESTRUCTURED IN NOVEMBER 2014 TO BECOME A MARYLAND LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAUL KLAASEN, THE CHAIRMAN OF THE BOARD, HANDLES BOARD MEMBER SELECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY AND THEREFORE NO MEETINGS TO DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ACCOUNTING DIRECTOR REVIEWS THE FORM 990 AND THEN SUBMITS IT TO THE CHAIRMAN OF THE BOARD OR THE SECRETARY OF THE BOARD FOR REVIEW AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUAL CONFLICT OF INTEREST STATEMENTS ARE PROVIDED BY THE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES. ALL EMPLOYEES ARE PAID BY A RELATED ORGANIZATION AND THE ORGANIZATION REIMBURSES THE RELATED ORGANIZATION FOR THESE AMOUNTS. COMPENSATION POLICIES OF THE RELATED ORGANIZATION ARE FOLLOWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE FORM 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE J127 FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1THE J127 FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE J127 FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE J127 EDUCATION FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2SUNRISE HOUSING FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0450523312
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1541371815
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2542006566
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO SERVE AS THE PARENT TO THE J127 EDUCATION FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TO OPERATE A PRIVATE SCHOOL AND A CHILD CARE CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2DORMANT ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11B, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2509 (A) (2)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ARLINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2ARLINGTON
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2VA
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd122031
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IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
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IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1833183
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE J127 EDUCATION FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1THE J127 FOUNDATION
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IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
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IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt06097904
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IRS990/TotalAssetsGrp/EOYAmt06097904
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05223291
IRS990/TotalOtherCompensationAmt022640
IRS990/TotalProgramServiceRevenueAmt0544347
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0544347
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0544347
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06064524
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06097904
IRS990/TotReportableCompRltdOrgAmt0362231
IRS990/TravelGrp/TotalAmt0888
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09657 BLAKE LANE
IRS990/USAddress/CityNm0FAIRFAX
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022031
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.OSPREYPOINT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTIN SOLY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum05712215130
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE J127 REALTY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0J127
ReturnHeader/Filer/EIN0571193777
ReturnHeader/Filer/PhoneNum05712215130
ReturnHeader/Filer/USAddress/AddressLine1Txt09657 BLAKE LANE
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022031
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560574444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERRY BEKAERT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01111 METROPOLITAN AVE STE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC

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