Civic Intelligence

Abney Foundation

990PF • Fiscal year 2020 • EIN 57-6019445

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

100 Vine StAnderson, SC 29621

(864) 964-9201

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Source year 2020

Net Margin

3rd percentile

-245%

Higher net margin than 3% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

49th percentile

$200,789

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 25.5% of source-year revenue.

2020 filings • $25M-$50M nonprofits • Source year 2020

Asset Growth

49th percentile

5.3%

Faster asset growth than 49% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-65%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$47,477,064

Up $2,375,768 (+5.3%) from 2019

Net Assets

$47,473,601

No earlier filing loaded for comparison.

Liabilities

Up

$3,463

Up $3,463 from 2019

Revenue

Down

$787,145

Down $1,494,254 (-65%) from 2019

Expenses

Up

$2,715,957

Up $80,513 (+3.1%) from 2019

Net Income

Down

-$1,928,812

Down $1,574,767 (-445%) from 2019

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $40,113,058Liabilities 2011: $02011Assets 2012: $41,268,708Liabilities 2012: $02012Assets 2013: $43,666,967Liabilities 2013: $02013Assets 2014: $43,285,790Liabilities 2014: $02014Assets 2015: $39,957,168Liabilities 2015: $02015Assets 2019: $45,101,296Liabilities 2019: $02019Assets 2020: $47,477,064Liabilities 2020: $3,463Net Assets 2020: $47,473,6012020Assets 2021: $52,599,119Liabilities 2021: $0Net Assets 2021: $52,599,1192021Assets 2022: $42,946,743Liabilities 2022: $0Net Assets 2022: $42,946,7432022Assets 2023: $46,758,160Liabilities 2023: $0Net Assets 2023: $46,758,1602023Assets 2024: $51,281,323Liabilities 2024: $0Net Assets 2024: $51,281,3232024

Highlighted filing

2020

Assets$47,477,064
Liabilities$3,463
Net Assets$47,473,601

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $3,628,680Expenses 2011: $2,600,624Net Income 2011: $1,028,0562011Revenue 2012: $2,882,960Expenses 2012: $2,592,154Net Income 2012: $290,8062012Revenue 2013: $2,150,055Expenses 2013: $2,544,730Net Income 2013: -$394,6752013Revenue 2014: $2,090,782Expenses 2014: $2,674,792Net Income 2014: -$584,0102014Revenue 2015: $1,959,192Expenses 2015: $2,783,734Net Income 2015: -$824,5422015Revenue 2019: $2,281,399Expenses 2019: $2,635,444Net Income 2019: -$354,0452019Revenue 2020: $787,145Expenses 2020: $2,715,957Net Income 2020: -$1,928,8122020Revenue 2021: $4,983,775Expenses 2021: $2,779,650Net Income 2021: $2,204,1252021Revenue 2022: $4,957,789Expenses 2022: $3,048,638Net Income 2022: $1,909,1512022Revenue 2023: $6,246,406Expenses 2023: $2,798,464Net Income 2023: $3,447,9422023Revenue 2024: $3,932,848Expenses 2024: $2,824,055Net Income 2024: $1,108,7932024

Highlighted filing

2020

Revenue$787,145
Expenses$2,715,957
Net Income-$1,928,812
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LISA MCWHERTERVice ChairmaFT$152,885$47,904$200,789
BONNIE NASHSecretaryFT$83,506$26,915$110,421
CARL T EDWARDSExec. DirectPT$60,968$34,781$95,749
JOHNNYE K PALMERTreasurer-$7,083$1,417$8,500
EDD SHERIFFTrustee-$7,500-$7,500
JOHN JAY MEEHAN MDTrustee-$7,500-$7,500
JR FULP JRChairman/Tru-$0--
JR FULP IIITrustee-$0--
LEBRENA F CAMPBELLTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Abney Foundation
EIN
57-6019445
Phone
8649649201
Address
100 VINE ST, ANDERSON, SC 29621

Signing Officer

Name
Lisa Mcwherter
Title
Vice Chairman/execut
Phone
8649649201
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Cox Cauley & Richardson LLC
Address
908 N MAIN ST, ANDERSON, SC 29621-5527
Preparer
Christopher S Cauley
Phone
8642258713
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DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc5PAINT OFFICE
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DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc8C&W ELECTRIC-UPGRADE ALARM SYSTEM
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc9A-1 HEATING & AIR - NEW HEAT/AIR
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc10PAINT TRIM ON O/S BLDG
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc11PAVING DONE BY SMITHCO ASPHALT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc12ELECTRICAL WIRING
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc13RENOVATIONS - OFFICE TRIM
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc14PORTRAITS-MRS. ROSE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc15REFRIGERATOR
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc16DESK CHAIR-MR. EDW
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc17SIGN
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc18CARLETTE'S DESK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc19MR. FULP'S DESK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc20MR. FULP'S CHAIR
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc21MR. FULP'S SWIVEL CHAIR
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc222 SIDE CHAIRS FOR MR
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc23MRS. ROSE LEATHER SOFA
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc24BRASS DESK ACCESSORIES
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc25CONSOLE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc26MRS. ROSE'S DESK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc27CARLETTE'S DRAPERIES
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc28DESK - LEBRENA
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc292 SIDE CHAIRS FOR CA
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc302 SIDE CHAIRS FOR LE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc31LIGHTED CABINET
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc32CURIO FOR LEBRENA'S
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc33CONFERENCE TABLE & CHAIRS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc34LUXURY CRYSTAL
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc35PICTURE OF TRUSTEES
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc36DESK UNIT DAVID
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc37DESK TOP AND RENOV TO DAVID'S OFFICE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc38XEROX CORP - NEW COPIER
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc39DESKTOP COMPUTER - DCK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc40LAPTOP-CONFERENCE RM
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc41LAPTOP EDD SHERIFF
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc42STORAGE BLDG
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc43CHAIR - LEBRENA
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc44EXTERIOR TRIM PAINT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc45OFFICE EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc46SECURITY SYSTEM
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc472015 LEXUS RX 350
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc48VOLVO XC90
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc49EXT DOOR JRF OFFCE, INTERIOR GLASS DOOR-HALL
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc50TELEPHONE SYSTEM
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm0CORPORATE BONDS - SEE ATTACHED SCHED
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/EOYBookValueAmt04346563
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/EOYFMVAmt04346563
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt036864717
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt036864717
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm0VARIOUS PUBLICLY TRADED SECURITIES
InvestmentsGovtObligationsSch/StateLocalSecBookVlEOYAmt01634520
InvestmentsGovtObligationsSch/StateLocalSecEOYFMVAmt01634520
InvestmentsGovtObligationsSch/USGovtObligationsBookVlEOYAmt03385844
InvestmentsGovtObligationsSch/USGovtObligationsEOYFMVAmt03385844
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt0864028
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt0-123579
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0OTHER INCOME
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/RelatedOrExemptFunctionIncmAmt019196
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt0740449
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt019196
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt0759645
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt02000
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt02000
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt04000
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt0129652
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt0189790
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt0319442
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt01940000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt01940000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt027500
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt040713
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0829801
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0864028
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-1928812
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt011205345
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesDsbrsChrtblAmt01010
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesNetInvstIncmAmt01010
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt02020
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt0-123579
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt0305056
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt01257
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyNetInvstIncmAmt03773
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt05030
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt010708
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt0250739
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0261447
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt019196
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt01198
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt01198
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt02396
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt055924
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftNetInvstIncmAmt076235
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt0132159
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt08750
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt02141749
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt0524745
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt02715957
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0829801
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0787145
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0201749
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt0524745
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0775957
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt011328924
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt0-123579
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt0-123579
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt011205345
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd0P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0PUBLICLY TRADED SECURITIES
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt0-123579
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-1928812
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt04301117
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt047473601
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt045101296
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt047473601
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt02187923
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt02187923
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt02187923
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt02192163
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt04240
IRS990PF/DistributableAmountGrp/TotalTaxAmt04240
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt014510
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt018750
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt04240

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