Civic Intelligence

Thronateeska Heritage Foundation Inc.

990 • Fiscal year 2014 • EIN 58-1198471

Jul 01, 2013 to Jun 30, 2014 • Filed on May 15, 2015

100 W Roosevelt Avenue31701

(229) 432-6955

Siviq Scores

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

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

50th percentile

0.19x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

94th percentile

63%

Higher net margin than 94% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

25th percentile

$60,904

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

75th percentile

12%

Faster asset growth than 75% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$9,736,624

Up $1,066,808 (+12%) from 2013

Net Assets

Up

$9,399,597

Up $1,191,695 (+15%) from 2013

Liabilities

Down

$337,027

Down $124,887 (-27%) from 2013

Revenue

$1,745,942

No earlier filing loaded for comparison.

Expenses

Up

$643,109

Up $14,017 (+2.2%) from 2013

Net Income

$1,102,833

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $7,304,249Liabilities 2010: $88,224Net Assets 2010: $7,216,0252010Assets 2011: $7,290,810Liabilities 2011: $67,033Net Assets 2011: $7,223,7772011Assets 2012: $7,384,659Liabilities 2012: $61,073Net Assets 2012: $7,323,5862012Assets 2013: $8,669,816Liabilities 2013: $461,914Net Assets 2013: $8,207,9022013Assets 2014: $9,736,624Liabilities 2014: $337,027Net Assets 2014: $9,399,5972014Assets 2015: $9,584,042Liabilities 2015: $333,842Net Assets 2015: $9,250,2002015Assets 2016: $9,177,465Liabilities 2016: $293,007Net Assets 2016: $8,884,4582016Assets 2017: $8,970,737Liabilities 2017: $269,778Net Assets 2017: $8,700,9592017Assets 2018: $8,793,042Liabilities 2018: $243,112Net Assets 2018: $8,549,9302018Assets 2019: $8,896,042Liabilities 2019: $289,011Net Assets 2019: $8,607,0312019Assets 2020: $8,715,644Liabilities 2020: $245,284Net Assets 2020: $8,470,3602020Assets 2021: $8,696,830Liabilities 2021: $179,819Net Assets 2021: $8,517,0112021Assets 2022: $7,990,759Liabilities 2022: $159,969Net Assets 2022: $7,830,7902022Assets 2023: $7,865,979Liabilities 2023: $144,724Net Assets 2023: $7,721,2552023Assets 2024: $7,781,662Liabilities 2024: $171,857Net Assets 2024: $7,609,8052024

Highlighted filing

2014

Assets$9,736,624
Liabilities$337,027
Net Assets$9,399,597

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $446,6222010Expenses 2011: $514,3802011Expenses 2012: $587,6322012Expenses 2013: $629,0922013Revenue 2014: $1,745,942Expenses 2014: $643,109Net Income 2014: $1,102,8332014Revenue 2015: $648,933Expenses 2015: $780,125Net Income 2015: -$131,1922015Revenue 2016: $510,457Expenses 2016: $774,496Net Income 2016: -$264,0392016Revenue 2017: $466,524Expenses 2017: $680,427Net Income 2017: -$213,9032017Revenue 2018: $541,399Expenses 2018: $670,452Net Income 2018: -$129,0532018Revenue 2019: $705,926Expenses 2019: $690,869Net Income 2019: $15,0572019Revenue 2020: $580,345Expenses 2020: $744,160Net Income 2020: -$163,8152020Revenue 2021: $606,668Expenses 2021: $787,803Net Income 2021: -$181,1352021Revenue 2022: $603,912Expenses 2022: $806,844Net Income 2022: -$202,9322022Revenue 2023: $684,789Expenses 2023: $785,779Net Income 2023: -$100,9902023Revenue 2024: $591,339Expenses 2024: $792,283Net Income 2024: -$200,9442024

Highlighted filing

2014

Revenue$1,745,942
Expenses$643,109
Net Income$1,102,833
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 15, 2015
Return Version
2013v4.0
Gross Receipts
$2,973,276
Mission and Program Overview

Mission

Historic preservation and education. Thronateeska heritage foundation inc collects items of historical, scientific, cultural, and aesthetic value significant to the understanding of the lives of the people in albany and southwest georgia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,069,160$7,112,531▲ $1,043,371
Investments in Publicly Traded Securities$2,428,526$2,561,866▲ $133,340
Cash and Non-Interest-Bearing Accounts$51,175$50,346▼ $829
Pledges and Grants Receivable$110,381$5,747▼ $104,634
Accounts Receivable$7,211$3,710▼ $3,501
Inventories for Sale or Use$3,363$2,424▼ $939
Total Assets$8,669,816$9,736,624▲ $1,066,808
Liabilities
Mortgage Notes Payable Secured by Investment Property$346,714$323,631▼ $23,083
Accounts Payable and Accrued Expenses$115,200$12,712▼ $102,488
Other Liabilities-$684-
Total Liabilities$461,914$337,027▼ $124,887
Net Assets / Fund Balance
Temporarily Rstr Net Assets$6,022,029$7,103,589▲ $1,081,560
Permanently Rstr Net Assets$2,174,516$2,269,213▲ $94,697
Unrestricted Net Assets$11,357$26,795▲ $15,438
Total Net Assets Fund Balance$8,207,902$9,399,597▲ $1,191,695
Total Liabilities and Net Assets / Fund Balance$8,669,816$9,736,624▲ $1,066,808

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,489,596$1,716,762$7,206,358
Other Land Buildings$986,371$276,754$1,263,125
Equipment$492,996$268,986$761,982
Land$143,568-$143,568

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$642,010-▲ $54,126$9,120$680,653
2012$618,494-▲ $47,406$18,000$642,010
2011$612,747-▲ $22,818$11,400$618,494
2010$553,725-▲ $70,898$6,400$612,747
2009$515,415-▲ $61,871$18,400$553,725
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tommy GregorsExecutive DiPT$60,904$60,904

Board Members and Trustees

NameTitle
Susan HarperPresident
Bill BatesDirector
Bill MitchellDirector
Bonnie HardegreeDirector
Debra RoweDirector
Harold BolingDirector
Jenny CollinsDirector
Jimmy SwannDirector
Judy NorthcuttDirector
Michael BrownDirector
Phil CannonDirector
Rod CarterDirector
Ron SimpsonDirector
Selena WingfieldDirector
Shannon TurnerDirector
Emily Jean McafeeLifetime Director
Mary Jo McgeeLifetime Director
Anne StokesPast-preside
Valerie BuchananSecretary
Patty BeltTreasurer
Michele BatesVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,355,376
Program Service Revenue
$221,571
Investment Income
$140,168
Other Revenue
$28,827
All Other Contributions
$78,848
Change in Net Assets
$1,102,833
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$415,703
Salaries, Compensation, and Employee Benefits$227,406
Total Fundraising Expense$1,337
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$213,204--$213,204
Other Salaries and Wages$110,932$37,172-$148,104
Occupancy$56,459$1,886$809$59,154
Current Officers, Directors, Trustees, and Key Employees$35,252$22,245$272$57,769
Office Expenses$18,890$319$27$19,236
Payroll Taxes$13,169$5,353-$18,522
Fees for Service Investment Mgmnt Fees-$6,363-$6,363
Fees for Services Accounting-$3,518-$3,518
Other Employee Benefits$1,692$1,319-$3,011
Fees for Services Other$2,680$175-$2,855
Travel$2,296$275-$2,571
Interest-$2,124-$2,124
Conferences and Meetings$1,248--$1,248
Insurance-$1,071-$1,071
Other Expenses$1,216$981$229$981
Advertising$196--$196
Total Functional Expenses$558,428$83,344$1,337$643,109
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
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
Yes
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 6

The organization has memberships as part of its program activities. Membership fees are for support of the organization and carry with it nominal benefits. Members do not participate in governance.

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

The executive director reviews the form 990 prior to filing with the taxing authorities.

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

Members have a duty to disclose and sign annual statements.

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

The governing board reviews comparable salary data.

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

The exexutive director reviews comparable salary data.

Form 990, Page 6, Part VI, Line 19

Documents required to be made available to the public are done so upon request at the organizations administrative offices.

Filing and Contact Details

Filer

EIN
58-1198471
Phone
2294326955

Signing Officer

Name
Thomas a Gregors
Title
Executive Director
Phone
2294326955
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas a Gregors
Formed
1974
Legal Domicile
Ga
Voting Board Members
18
Independent Board Members
18
Employees
13
Volunteers
30

Preparer

Preparer
W D Mcdaniel
Phone
2298836262
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Historic preservation and education. Thronateeska heritage foundation inc collects items of historical, scientific, cultural, and aesthetic value significant to the understanding of the lives of the people in albany and southwest georgia.

Form 990, Part XI, Line 9

Book / tax depreciation difference -4,907

Form 990, Part XI, Line 9

Change in beneficial interest 94,698 federal income tax -684

Financial Statement Notes

Schedule D, Page 1, Part III, Line 1A

The organization's permanent collections include many historically significant items from southwest georgia that reflect the culture of the area and provide a unique insight into the development of the region.

Schedule D, Page 2, Part III, Line 4

The organization's collections contain items that relate to archeology, paleontology, hyrology, and other scientific fields. The organization operatesa model railway exhibit as a part of the transportation museum.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7LIFETIME DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8LIFETIME DIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt0221974
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0419160
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt084568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04425420
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0121094
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0122112
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0224254
IRS990ScheduleA/PublicOrganization170Ind0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.78$0.17$7.61$0.59$0.79$0.20
2023Detailed filing. Detailed filing data is available for this year.$7.87$0.14$7.72$0.68$0.79$0.10
2022Detailed filing. Detailed filing data is available for this year.$7.99$0.16$7.83$0.60$0.81$0.20
2021Detailed filing. Detailed filing data is available for this year.$8.70$0.18$8.52$0.61$0.79$0.18
2020Detailed filing. Detailed filing data is available for this year.$8.72$0.25$8.47$0.58$0.74$0.16
2019Detailed filing. Detailed filing data is available for this year.$8.90$0.29$8.61$0.71$0.69$0.02
2018Detailed filing. Detailed filing data is available for this year.$8.79$0.24$8.55$0.54$0.67$0.13
2017Detailed filing. Detailed filing data is available for this year.$8.97$0.27$8.70$0.47$0.68$0.21
2016Detailed filing. Detailed filing data is available for this year.$9.18$0.29$8.88$0.51$0.77$0.26
2015Detailed filing. Detailed filing data is available for this year.$9.58$0.33$9.25$0.65$0.78$0.13
2014Detailed filing. Detailed filing data is available for this year.$9.74$0.34$9.40$1.75$0.64$1.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.67$0.46$8.21$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.38$0.06$7.32$0.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.29$0.07$7.22$0.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.30$0.09$7.22$0.45