Civic Intelligence

Theological Horizons Inc.

990 • Fiscal year 2016 • EIN 58-1594037

Jun 01, 2015 to May 31, 2016 • Filed on Oct 31, 2016

1841 University CircleCharlottesville, VA 22903

(434) 244-2839

Siviq Scores

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

Liabilities / Assets

74th percentile

0.25x

Higher debt load relative to assets than 74% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

0.58x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

82nd percentile

25%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

82nd percentile

34%

Faster revenue growth than 82% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$656,355

Up $63,105 (+11%) from 2015

Net Assets

Up

$493,915

Up $70,710 (+17%) from 2015

Liabilities

Down

$162,440

Down $7,605 (-4.5%) from 2015

Revenue

Up

$281,181

Up $71,252 (+34%) from 2015

Expenses

Up

$210,471

Up $23,045 (+12%) from 2015

Net Income

Up

$70,710

Up $48,207 (+214%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $479,241Liabilities 2011: $3,3462011Assets 2012: $477,235Liabilities 2012: $3,9112012Assets 2013: $479,217Liabilities 2013: $122,1552013Assets 2014: $572,739Liabilities 2014: $174,119Net Assets 2014: $398,6202014Assets 2015: $593,250Liabilities 2015: $170,045Net Assets 2015: $423,2052015Assets 2016: $656,355Liabilities 2016: $162,440Net Assets 2016: $493,9152016Assets 2017: $594,050Liabilities 2017: $159,238Net Assets 2017: $434,8122017Assets 2018: $570,547Liabilities 2018: $160,400Net Assets 2018: $410,1472018Assets 2019: $572,354Liabilities 2019: $147,550Net Assets 2019: $424,8042019Assets 2020: $290,971Liabilities 2020: $24,790Net Assets 2020: $266,1812020Assets 2021: $308,119Liabilities 2021: $21,712Net Assets 2021: $286,4072021Assets 2022: $330,577Liabilities 2022: $13,349Net Assets 2022: $317,2282022Assets 2023: $281,815Liabilities 2023: $13,755Net Assets 2023: $268,0602023Assets 2024: $300,759Liabilities 2024: $15,525Net Assets 2024: $285,2342024Assets 2025: $399,512Liabilities 2025: $12,833Net Assets 2025: $386,6792025

Highlighted filing

2016

Assets$656,355
Liabilities$162,440
Net Assets$493,915

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $110,538Expenses 2011: $118,170Net Income 2011: -$7,6322011Revenue 2012: $115,400Expenses 2012: $109,095Net Income 2012: $6,3052012Revenue 2013: $120,352Expenses 2013: $129,846Net Income 2013: -$9,4942013Revenue 2014: $188,233Expenses 2014: $140,661Net Income 2014: $47,5722014Revenue 2015: $209,929Expenses 2015: $187,426Net Income 2015: $22,5032015Revenue 2016: $281,181Expenses 2016: $210,471Net Income 2016: $70,7102016Revenue 2017: $249,160Expenses 2017: $246,358Net Income 2017: $2,8022017Revenue 2018: $244,636Expenses 2018: $269,301Net Income 2018: -$24,6652018Revenue 2019: $288,938Expenses 2019: $274,281Net Income 2019: $14,6572019Revenue 2020: $334,284Expenses 2020: $332,384Net Income 2020: $1,9002020Revenue 2021: $373,631Expenses 2021: $354,169Net Income 2021: $19,4622021Revenue 2022: $500,923Expenses 2022: $470,134Net Income 2022: $30,7892022Revenue 2023: $537,622Expenses 2023: $586,790Net Income 2023: -$49,1682023Revenue 2024: $560,481Expenses 2024: $560,856Net Income 2024: -$3752024Revenue 2025: $606,912Expenses 2025: $505,467Net Income 2025: $101,4452025

Highlighted filing

2016

Revenue$281,181
Expenses$210,471
Net Income$70,710
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Oct 31, 2016
Return Version
2015v2.1
Gross Receipts
$281,181
Mission and Program Overview

Mission

To foster and enhance theological scholarship and conversation in the church, academy, and community at large.

To foster and enhance theological scholarship and conversation in the church, academy and community at large.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$35,460$126,639▲ $91,179
Cash and Non-Interest-Bearing Accounts$98,185$93,592▼ $4,593
Investments Other Securities$54,141$54,141→ $0
Land, Buildings, and Equipment, Net$22,464$22,583▲ $119
Total Assets$593,250$656,355▲ $63,105
Other Assets Total$383,000$359,400▼ $23,600
Liabilities
Mortgage Notes Payable Secured by Investment Property$168,603$161,285▼ $7,318
Accounts Payable and Accrued Expenses$1,442$1,155▼ $287
Total Liabilities$170,045$162,440▼ $7,605
Net Assets / Fund Balance
Unrestricted Net Assets$423,205$418,915▼ $4,290
Temporarily Rstr Net Assets-$75,000-
Total Net Assets Fund Balance$423,205$493,915▲ $70,710
Total Liabilities and Net Assets / Fund Balance$593,250$656,355▲ $63,105

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$18,039$15,668$33,707
Other Land Buildings$2,102$23,373$25,475
Equipment$2,442$8,655$8,714
Other Assets Org$48,439--
Other Securities$54,141--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill TuckerDirector
Bob MorrisonDirector
Brenda CoxDirector
Dana TuckerDirector
Katherine HillDirector
Laura DraperDirector
Leslie MerrickDirector
Nancy ScoperDirector
Rhonda ByrdDirector
Steve ScoperDirector
Molly McFarlandSecretary
Frank CoxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$281,163
Program Service Revenue
$0
Investment Income
$18
Other Revenue
$0
All Other Contributions
$281,163
Change in Net Assets
$70,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,794
Salaries, Compensation, and Employee Benefits$85,677
Total Fundraising Expense$6,597
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$39,994$7,499$2,499$49,992
Occupancy$29,244$5,483$1,828$36,555
Other Salaries and Wages$23,466$5,866-$29,332
Conferences and Meetings$18,242--$18,242
Office Expenses$5,843$5,772$1,578$13,193
Advertising$9,746--$9,746
Travel$6,068$1,518-$7,586
Payroll Taxes$4,952$929$309$6,190
Other Expenses$4,298$806$269$5,373
Information Technology$3,593--$3,593
Depreciation Depletion$1,811$339$114$2,264
Other Employee Benefits-$163-$163
Total Functional Expenses$175,499$28,375$6,597$210,471
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Line 2

Directors Brenda Cox and Frank Cox are married. Directors Nancy Scoper and Steve Scoper are married. Directors Bill Tucker and Dana Tucker are married.

Form 990, Part VI, Section B, Line 11

The organizations finance committee reviews the Form 990 and discusses with the full board for final approval.

Form 990, Part VI, Section B, Line 15

The Board of Directors review the budget and overall compensation plan. The plan is based on certain parameters set during the budget process. The officers of the organization shall not receive directly or indirectly any salary or compensation.

Form 990, Part VI, Section C, Line 18

The Organizations Form 990 can be distributed to the public upon request. However, all requests are subject to the approval of the Executive Director and the organizations consideration of the intended use of the documents.

Form 990, Part VI, Section C, Line 19

The Organizations governing documents, conflict of interest policy and financial statements can be distributed to the public upon request. However, all requests are subject to the approval of the Executive Director and the organizations consideration of the intended use of the documents.

Filing and Contact Details

Filer

Filer Name
Theological Horizons
EIN
58-1594037
Phone
4342442839
Address
1841 University Circle, Charlottesville, VA 22903

Signing Officer

Name
KAren Marsh
Title
Executive Director
Signed
2016-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Marsh
Formed
2000
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
14
Employees
2

Preparer

Firm
J Goddin & Associates PC
Address
One Solutions Way 206, Waynesboro, VA 22980
Preparer
Jonathan A Goddin
Phone
5403379496
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IRS990/ProgSrvcAccomActy2Grp/Desc0Lectures, education and conferences - Bringing together eminent speakers, scholars, faculty and students to explore the connections between vibrant faith, compelling ideas and social engagement at the heart of the University.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt087750
IRS990/ProgSrvcAccomActy3Grp/Desc0Publications - Provide resources for public use by students, clergy and lay people.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt033344
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0195367
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012943
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0114113
IRS990/PYOtherRevenueAmt01619
IRS990/PYRevenuesLessExpensesAmt022503
IRS990/PYSalariesCompEmpBnftPaidAmt073313
IRS990/PYTotalExpensesAmt0187426
IRS990/PYTotalRevenueAmt0209929
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt070710
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt035460
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0126639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt081163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0195367
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0174755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0118858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0115080
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0685223
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012943
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013478
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01407
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02410
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt030256
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95770
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.81030
IRS990ScheduleA/PublicSupportTotal170Amt0685223
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt081163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0195367
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0174755
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0118858
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0115080
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0685223
IRS990ScheduleA/TotalSupportAmt0715479
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02442
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08655
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08714
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018039
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt015668
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt033707
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0310961
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt148439
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Interest in Bonhoeffer house trust
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Renovations in progress
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02102
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023373
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025475
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt054141
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/OtherSecuritiesGrp/Desc2Investments
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022583
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0359400
IRS990ScheduleD/TotalBookValueSecuritiesAmt054141
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Molly McFarland
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Secretary
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Directors Brenda Cox and Frank Cox are married. Directors Nancy Scoper and Steve Scoper are married. Directors Bill Tucker and Dana Tucker are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organizations finance committee reviews the Form 990 and discusses with the full board for final approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors review the budget and overall compensation plan. The plan is based on certain parameters set during the budget process. The officers of the organization shall not receive directly or indirectly any salary or compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organizations Form 990 can be distributed to the public upon request. However, all requests are subject to the approval of the Executive Director and the organizations consideration of the intended use of the documents.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organizations governing documents, conflict of interest policy and financial statements can be distributed to the public upon request. However, all requests are subject to the approval of the Executive Director and the organizations consideration of the intended use of the documents.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt075000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0593250
IRS990/TotalAssetsEOYAmt0656355
IRS990/TotalAssetsGrp/BOYAmt0593250
IRS990/TotalAssetsGrp/EOYAmt0656355
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0281163
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06597
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028375

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$0.13$3.87$6.07$5.05$1.01
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$0.16$2.85$5.60$5.61$0.00
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.14$2.68$5.38$5.87$0.49
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$0.13$3.17$5.01$4.70$0.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$0.22$2.86$3.74$3.54$0.19
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.25$2.66$3.34$3.32$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.72$1.48$4.25$2.89$2.74$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.71$1.60$4.10$2.45$2.69$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.94$1.59$4.35$2.49$2.46$0.03
2016Detailed filing. Detailed filing data is available for this year.$6.56$1.62$4.94$2.81$2.10$0.71
2015Summary only. Only limited summary data is available for this year.$5.93$1.70$4.23$2.10$1.87$0.23
2014Summary only. Only limited summary data is available for this year.$5.73$1.74$3.99$1.88$1.41$0.48
2013Summary only. Only limited summary data is available for this year.$4.79$1.22$1.20$1.30$0.09
2012Summary only. Only limited summary data is available for this year.$4.77$0.04$1.15$1.09$0.06
2011Summary only. Only limited summary data is available for this year.$4.79$0.03$1.11$1.18$0.08