Civic Intelligence

American Camellia Society Trust Inc.

990 • Fiscal year 2014 • EIN 58-1585989

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 27, 2015

Organization ProfileWWW.AMERICANCAMELLIAS.ORG
100 Massee Lane31030-6974

(478) 967-2358

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Higher debt load relative to assets than 9% of similar nonprofits.

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

Liabilities / Revenue

10th percentile

0.01x

Higher debt load relative to revenue than 10% of similar nonprofits.

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

Net Margin

91st percentile

51%

Higher net margin than 91% of similar nonprofits.

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

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

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

Asset Growth

77th percentile

13%

Faster asset growth than 77% of similar nonprofits.

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

Revenue Growth

88th percentile

46%

Faster revenue growth than 88% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$9,932,947

Up $1,180,738 (+13%) from 2013

Net Assets

Up

$9,921,033

Up $1,170,576 (+13%) from 2013

Liabilities

Up

$11,914

Up $10,162 (+580%) from 2013

Revenue And Expenses
Liabilities / Revenue10th percentileNet Margin91st percentile

Revenue

Up

$1,366,265

Up $431,223 (+46%) from 2013

Expenses

Up

$669,684

Up $93,227 (+16%) from 2013

Net Income

Up

$696,581

Up $337,996 (+94%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$15M$10M$5.0M$0Assets 2011: $8,641,001Liabilities 2011: $143,789Net Assets 2011: $8,497,2122011Assets 2012: $8,067,218Liabilities 2012: $5,152Net Assets 2012: $8,062,0662012Assets 2013: $8,752,209Liabilities 2013: $1,752Net Assets 2013: $8,750,4572013Assets 2014: $9,932,947Liabilities 2014: $11,914Net Assets 2014: $9,921,0332014Assets 2015: $10,084,067Liabilities 2015: $6,318Net Assets 2015: $10,077,7492015Assets 2016: $9,633,749Liabilities 2016: $0Net Assets 2016: $9,633,7492016Assets 2017: $10,344,336Liabilities 2017: $0Net Assets 2017: $10,344,3362017Assets 2018: $10,889,915Liabilities 2018: $0Net Assets 2018: $10,889,9152018Assets 2019: $10,814,126Liabilities 2019: $0Net Assets 2019: $10,814,1262019Assets 2020: $10,594,851Liabilities 2020: $0Net Assets 2020: $10,594,8512020Assets 2021: $13,232,140Liabilities 2021: $6,603Net Assets 2021: $13,225,5372021Assets 2022: $11,463,862Liabilities 2022: $20,171Net Assets 2022: $11,443,6912022Assets 2023: $12,109,480Liabilities 2023: $4,451Net Assets 2023: $12,105,0292023Assets 2024: $13,065,108Liabilities 2024: $0Net Assets 2024: $13,065,1082024

Highlighted filing

2014

Assets$9,932,947
Liabilities$11,914
Net Assets$9,921,033
Open 2014 Filing

Operations Trend

Revenue Growth88th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,198,827Expenses 2011: $638,267Net Income 2011: $560,5602011Revenue 2012: $303,454Expenses 2012: $453,718Net Income 2012: -$150,2642012Revenue 2013: $935,042Expenses 2013: $576,457Net Income 2013: $358,5852013Revenue 2014: $1,366,265Expenses 2014: $669,684Net Income 2014: $696,5812014Revenue 2015: $1,187,879Expenses 2015: $565,848Net Income 2015: $622,0312015Revenue 2016: $114,661Expenses 2016: $513,098Net Income 2016: -$398,4372016Revenue 2017: $359,017Expenses 2017: $541,429Net Income 2017: -$182,4122017Revenue 2018: $555,869Expenses 2018: $539,441Net Income 2018: $16,4282018Revenue 2019: $549,852Expenses 2019: $609,235Net Income 2019: -$59,3832019Revenue 2020: $840,531Expenses 2020: $512,784Net Income 2020: $327,7472020Revenue 2021: $510,360Expenses 2021: $464,322Net Income 2021: $46,0382021Revenue 2022: $794,410Expenses 2022: $503,925Net Income 2022: $290,4852022Revenue 2023: $300,529Expenses 2023: $548,875Net Income 2023: -$248,3462023Revenue 2024: $468,624Expenses 2024: $568,474Net Income 2024: -$99,8502024

Highlighted filing

2014

Revenue$1,366,265
Expenses$669,684
Net Income$696,581
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 27, 2015
Return Version
2013v4.0
Gross Receipts
$4,108,091
Mission and Program Overview

Mission

The trust serves to support the activities of the american camellia society, inc. By providing the facility that is home to the american camellia society, inc.'s national headquarters, along with providing financial support to the american camellia society, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,996,445$7,950,396▲ $953,951
Land, Buildings, and Equipment, Net$1,385,093$1,443,953▲ $58,860
Savings and Temporary Cash Investments$302,494$455,202▲ $152,708
Pledges and Grants Receivable$67,978$82,892▲ $14,914
Cash and Non-Interest-Bearing Accounts$199$504▲ $305
Total Assets$8,752,209$9,932,947▲ $1,180,738
Liabilities
Accounts Payable and Accrued Expenses$1,752$11,914▲ $10,162
Total Liabilities$1,752$11,914▲ $10,162
Net Assets / Fund Balance
Unrestricted Net Assets$8,140,431$9,311,007▲ $1,170,576
Temporarily Rstr Net Assets$610,026$610,026→ $0
Total Net Assets Fund Balance$8,750,457$9,921,033▲ $1,170,576
Total Liabilities and Net Assets / Fund Balance$8,752,209$9,932,947▲ $1,180,738

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,118,122$1,328,165$2,446,287
Equipment$21,656$360,248$381,904
Other Land Buildings$182,315$130,407$312,722
Land$121,860-$121,860
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Lawrence BarlowPresident
Jim DicksonDirector
Judge Roger VinsonDirector
Matt HunterDirector
Robert StroudDirector
Wc WyattSecretary
Robert EhrhartVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$436,134
Program Service Revenue
$10,958
Investment Income
$919,173
Other Revenue
$0
All Other Contributions
$436,134
Change in Net Assets
$696,581

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,366,265
Revenue Not Reported on Form 990
$473,995
Total Revenue per Audited Statements
$1,840,260
Total Revenue per Form 990
$1,366,265
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$635,101
Total Fundraising Expense$57,629
Professional Fundraising Fees$34,583
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$470,252--$470,252
Depreciation Depletion$61,101$13,093$13,093$87,287
Fees for Services Professional Fundraising--$34,583$34,583
Fees for Services Other-$12,625$3,292$15,917
Travel$2,349-$2,349$4,698
Other Expenses$507$506$4,312$1,013
All Other Expenses-$358-$358
Advertising$52--$52
Total Functional Expenses$583,014$29,041$57,629$669,684

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$669,684
Total Expenses per Audited Statements$669,684
Total Expenses per Form 990$669,684
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$34,583
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Membership in the american camellia society is open to any person who submits a membership application and timely payment of dues. The board of directors are selected from within the membership. The officers of the organization are elected by a majority vote of the board of directors at the annual fall meeting.”

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

“A copy of the form 990 is provided to all board members to review before filing.”

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

“If a director has any conflicts of interest, he/she is not allowed to vote on issues related to the conflicts of interest and cannot be present at the time those issues are discussed among the other directors.”

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

“No compensation is paid by this organization at this time. Should that ever change in the future, appropriate reviews and studies would be performed to determine appropriate compensation.”

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

“SEE ABOVE.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

EIN
58-1585989
Phone
4789672358

Signing Officer

Name
Celeste M Richard
Title
Executive Director
Phone
4789672358
Signed
2015-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lawrence Barlow
Formed
1985
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Preparer
James F Braswell CPA
Phone
4784718488
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The trust serves to support the activities of the american camellia society, inc. By providing the facility that is home to the american camellia society, inc.'s national headquarters, along with providing financial support to the american camellia society, inc.”

Financial Statement Notes

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

“Collection items consist of art objects (primarily boehm porcelain) that are held for educational and curatorial purposes. Each item is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. Collection items are not capitalized, whether acquired through purchase or donation. Contributions of collection items are not recognized in the statement of activities. If any collection items are sold, the proceeds must be used to acquire additional items for the collection.”

Schedule D, Page 2, Part III, Line 4

“The organization has a collection of rare books and a collection of boehm porcelain. The rare books are books about camellias and are preserved for future generations. The boehm porcelain are images of camellias and are on public exhibit. The overall collection draws visitors to see the camellia gardens and to learn more about camellias at the facility.”

Schedule D, Page 3, Part X

“Acs and the trust are exempt organizations under section 501(c)(3) of the internal revenue code. Therefore, acs and the trust are not subject to federal or state income taxes. Federal tax returns for 2013, 2012, and 2011 are subject to examination by the irs for three years after they are filed.”

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0360248
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0381904
IRS990ScheduleD/ExpensesSubtotalAmt0669684
IRS990ScheduleD/LandGrp/BookValueAmt0121860
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0121860
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0473995
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0182315
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0130407
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0312722
IRS990ScheduleD/RevenueNotReportedAmt0473995
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COLLECTION ITEMS CONSIST OF ART OBJECTS (PRIMARILY BOEHM PORCELAIN) THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. EACH ITEM IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ARE NOT CAPITALIZED, WHETHER ACQUIRED THROUGH PURCHASE OR DONATION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. IF ANY COLLECTION ITEMS ARE SOLD, THE PROCEEDS MUST BE USED TO ACQUIRE ADDITIONAL ITEMS FOR THE COLLECTION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A COLLECTION OF RARE BOOKS AND A COLLECTION OF BOEHM PORCELAIN. THE RARE BOOKS ARE BOOKS ABOUT CAMELLIAS AND ARE PRESERVED FOR FUTURE GENERATIONS. THE BOEHM PORCELAIN ARE IMAGES OF CAMELLIAS AND ARE ON PUBLIC EXHIBIT. THE OVERALL COLLECTION DRAWS VISITORS TO SEE THE CAMELLIA GARDENS AND TO LEARN MORE ABOUT CAMELLIAS AT THE FACILITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ACS AND THE TRUST ARE EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, ACS AND THE TRUST ARE NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. FEDERAL TAX RETURNS FOR 2013, 2012, AND 2011 ARE SUBJECT TO EXAMINATION BY THE IRS FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART III, LINE 1A
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART III, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01443953
IRS990ScheduleD/TotalExpensesPerForm990Amt0669684
IRS990ScheduleD/TotalRevenuePerForm990Amt01366265
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01840260
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IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-34583
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0DAVID P KING FUNDRAISING COUNSEL
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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine103023 KENSINGTON AVE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/City0RICHMOND
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/State0VA
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IRS990ScheduleG/LicensedStatesCd13ME
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IRS990ScheduleG/LicensedStatesCd22OH
IRS990ScheduleG/LicensedStatesCd23OR
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IRS990ScheduleG/LicensedStatesCd29WA
IRS990ScheduleG/LicensedStatesCd30WV
IRS990ScheduleG/LicensedStatesCd31DC
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/TotalNetToOrganizationAmt0-34583
IRS990ScheduleG/TotalRetainedByContractorsAmt034583
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST SERVES TO SUPPORT THE ACTIVITIES OF THE AMERICAN CAMELLIA SOCIETY, INC. BY PROVIDING THE FACILITY THAT IS HOME TO THE AMERICAN CAMELLIA SOCIETY, INC.'S NATIONAL HEADQUARTERS, ALONG WITH PROVIDING FINANCIAL SUPPORT TO THE AMERICAN CAMELLIA SOCIETY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP IN THE AMERICAN CAMELLIA SOCIETY IS OPEN TO ANY PERSON WHO SUBMITS A MEMBERSHIP APPLICATION AND TIMELY PAYMENT OF DUES. THE BOARD OF DIRECTORS ARE SELECTED FROM WITHIN THE MEMBERSHIP. THE OFFICERS OF THE ORGANIZATION ARE ELECTED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS AT THE ANNUAL FALL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IF A DIRECTOR HAS ANY CONFLICTS OF INTEREST, HE/SHE IS NOT ALLOWED TO VOTE ON ISSUES RELATED TO THE CONFLICTS OF INTEREST AND CANNOT BE PRESENT AT THE TIME THOSE ISSUES ARE DISCUSSED AMONG THE OTHER DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO COMPENSATION IS PAID BY THIS ORGANIZATION AT THIS TIME. SHOULD THAT EVER CHANGE IN THE FUTURE, APPROPRIATE REVIEWS AND STUDIES WOULD BE PERFORMED TO DETERMINE APPROPRIATE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SEE ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode031030
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0470252
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FUNDS DISBURSED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10AMERICAN CAMELLIA SOCIETY INC
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IRS990/StatesWhereCopyOfReturnIsFldCd0GA

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,932,947
Liabilities
$11,914
Net assets
$9,921,033
Revenue
$1,366,265
Expenses
$669,684
Net income
$696,581
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.1$0.00$13.1$0.47$0.57$0.10
2023Detailed filing. Detailed filing data is available for this year.$12.1$0.00$12.1$0.30$0.55$0.25
2022Detailed filing. Detailed filing data is available for this year.$11.5$0.02$11.4$0.79$0.50$0.29
2021Detailed filing. Detailed filing data is available for this year.$13.2$0.01$13.2$0.51$0.46$0.05
2020Detailed filing. Detailed filing data is available for this year.$10.6$0.00$10.6$0.84$0.51$0.33
2019Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$0.55$0.61$0.06
2018Detailed filing. Detailed filing data is available for this year.$10.9$0.00$10.9$0.56$0.54$0.02
2017Detailed filing. Detailed filing data is available for this year.$10.3$0.00$10.3$0.36$0.54$0.18
2016Detailed filing. Detailed filing data is available for this year.$9.63$0.00$9.63$0.11$0.51$0.40
2015Detailed filing. Detailed filing data is available for this year.$10.1$0.01$10.1$1.19$0.57$0.62
2014Detailed filing. Detailed filing data is available for this year.$9.93$0.01$9.92$1.37$0.67$0.70
2013Summary only. Only limited summary data is available for this year.$8.75$0.00$8.75$0.94$0.58$0.36
2012Summary only. Only limited summary data is available for this year.$8.07$0.01$8.06$0.30$0.45$0.15
2011Summary only. Only limited summary data is available for this year.$8.64$0.14$8.50$1.20$0.64$0.56