Civic Intelligence

Hands on Regional Museum Inc

990 • Fiscal year 2015 • EIN 62-1282542

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 21, 2015

315 East Main StreetJohnson City, TN 37601

(423) 434-4263

Siviq Scores

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

Liabilities / Assets

60th percentile

0.10x

Higher debt load relative to assets than 60% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

51st percentile

0.04x

Higher debt load relative to revenue than 51% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

23rd percentile

-8.0%

Higher net margin than 23% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

12th percentile

-15%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

39th percentile

-1.4%

Faster revenue growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$357,488

Down $61,631 (-15%) from 2014

Net Assets

Down

$321,437

Down $64,620 (-17%) from 2014

Liabilities

Up

$36,051

Up $2,989 (+9.0%) from 2014

Revenue

Down

$809,968

Down $11,284 (-1.4%) from 2014

Expenses

Up

$874,588

Up $85,588 (+11%) from 2014

Net Income

Down

-$64,620

Down $96,872 (-300%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $553,072Liabilities 2010: $65,274Net Assets 2010: $487,7982010Assets 2011: $523,598Liabilities 2011: $60,501Net Assets 2011: $463,0972011Assets 2012: $568,251Liabilities 2012: $66,521Net Assets 2012: $501,7302012Assets 2013: $415,897Liabilities 2013: $62,092Net Assets 2013: $353,8052013Assets 2014: $419,119Liabilities 2014: $33,062Net Assets 2014: $386,0572014Assets 2015: $357,488Liabilities 2015: $36,051Net Assets 2015: $321,4372015Assets 2016: $396,490Liabilities 2016: $37,943Net Assets 2016: $358,5472016Assets 2017: $669,365Liabilities 2017: $46,317Net Assets 2017: $623,0482017Assets 2018: $1,609,673Liabilities 2018: $509,990Net Assets 2018: $1,099,6832018Assets 2019: $1,924,609Liabilities 2019: $742,432Net Assets 2019: $1,182,1772019Assets 2020: $1,993,503Liabilities 2020: $945,199Net Assets 2020: $1,048,3042020Assets 2021: $1,807,316Liabilities 2021: $769,402Net Assets 2021: $1,037,9142021Assets 2022: $1,835,368Liabilities 2022: $820,402Net Assets 2022: $1,014,9662022Assets 2023: $1,825,475Liabilities 2023: $759,444Net Assets 2023: $1,066,0312023Assets 2024: $1,825,644Liabilities 2024: $707,775Net Assets 2024: $1,117,8692024

Highlighted filing

2015

Assets$357,488
Liabilities$36,051
Net Assets$321,437

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $734,0592010Expenses 2011: $725,7442011Revenue 2012: $801,495Expenses 2012: $762,862Net Income 2012: $38,6332012Expenses 2013: $786,2682013Revenue 2014: $821,252Expenses 2014: $789,000Net Income 2014: $32,2522014Revenue 2015: $809,968Expenses 2015: $874,588Net Income 2015: -$64,6202015Revenue 2016: $764,877Expenses 2016: $727,767Net Income 2016: $37,1102016Revenue 2017: $887,054Expenses 2017: $622,553Net Income 2017: $264,5012017Revenue 2018: $1,132,952Expenses 2018: $656,317Net Income 2018: $476,6352018Revenue 2019: $831,129Expenses 2019: $748,635Net Income 2019: $82,4942019Revenue 2020: $589,705Expenses 2020: $723,578Net Income 2020: -$133,8732020Revenue 2021: $534,095Expenses 2021: $612,602Net Income 2021: -$78,5072021Revenue 2022: $805,376Expenses 2022: $760,207Net Income 2022: $45,1692022Revenue 2023: $780,860Expenses 2023: $729,795Net Income 2023: $51,0652023Revenue 2024: $898,209Expenses 2024: $846,371Net Income 2024: $51,8382024

Highlighted filing

2015

Revenue$809,968
Expenses$874,588
Net Income-$64,620
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 21, 2015
Return Version
2014v5.0
Gross Receipts
$860,356
Mission and Program Overview

Mission

The organization's mission is to support education for learners of all ages by providing out-of-school learning experiences which cannot realistically be offered within the constraints of a formal school program. The organization's role in relationship to area schools is to complement existing programs by offering learning opportunities which will extend and enhance, but not supplant the school experience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$322,065$286,383▼ $35,682
Savings and Temporary Cash Investments$88,292$69,255▼ $19,037
Pledges and Grants Receivable$6,000--
Inventories for Sale or Use$2,762$1,850▼ $912
Total Assets$419,119$357,488▼ $61,631
Liabilities
Accounts Payable and Accrued Expenses$29,422$31,910▲ $2,488
Deferred Revenue$3,640$4,141▲ $501
Total Liabilities$33,062$36,051▲ $2,989
Net Assets / Fund Balance
Unrestricted Net Assets$364,214$299,594▼ $64,620
Temporarily Rstr Net Assets$21,843$21,843→ $0
Total Net Assets Fund Balance$386,057$321,437▼ $64,620
Total Liabilities and Net Assets / Fund Balance$419,119$357,488▼ $61,631

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$166,337$839,926$1,006,263
Buildings$82,585$205,405$287,990
Equipment$12,387$77,950$90,337
Land$16,080-$16,080
Leasehold Improvements$8,994$7,085$16,079
Compensation and Service Providers

Board Members and Trustees

NameTitle
Doug FabickChairman
James SmithPast Chairma
Dr Robbie AndersonVice Chairma
Amy MalkusDirector
Dineen WestDirector
G Tony BentonDirector
Josh MclaughlinDirector
Linda W CalvertDirector
Matt BoltonDirector
Scott E JenkinsonDirector
Steve ScheuDirector
Jennifer Clements-
Amanda AdamsSecretary
Will BarrettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$413,810
Program Service Revenue
$387,350
Investment Income
$1,422
Other Revenue
$7,386
All Other Contributions
$221,899
Change in Net Assets
$-64,620

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$110,456Rental Value of Buildings
Other Non Cash Contri Table1$70,426Fair Market Value
Taxidermy1$5,000Selling Price
Total Noncash Contributions3$185,882-

Audited Revenue Reconciliation

Revenue per Audited Statements
$809,968
Total Revenue per Audited Statements
$809,968
Total Revenue per Form 990
$809,968
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$504,488
Salaries, Compensation, and Employee Benefits$370,100
Total Fundraising Expense$44,819
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$190,917$95,459$31,820$318,196
Occupancy$129,479$14,387-$143,866
Advertising$56,956$5,235$6,329$68,520
Depreciation Depletion$28,546$7,136-$35,682
Payroll Taxes$16,013$8,006$2,669$26,688
Other Employee Benefits$15,129$7,565$2,522$25,216
Fees for Services Other-$21,906$162$22,068
All Other Expenses$7,209$10,992-$18,201
Insurance$13,633$1,515-$15,148
Office Expenses$10,530$1,317$1,317$13,164
Other Expenses$9,826$1,433-$9,826
Fees for Services Accounting-$8,007-$8,007
Travel$2,545$283-$2,828
Total Functional Expenses$646,528$183,241$44,819$874,588

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$874,588
Total Expenses per Audited Statements$874,588
Total Expenses per Form 990$874,588
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$35,882
Fundraising Gross Income$28,297
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival of Tre$37,122$19,347$17,775$1,572
Golf Tournament$12,603$8,950$3,653$5,297
Total Events$49,725$28,297$35,882$-7,585
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
Yes
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 9

Scott barnes 306 scenic oak dr. Gray, tn 37615

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

The organization provides a draft copy of form 990 in pdf format for all board members for their review. After all board members have reviewed the form 990 and agree to it's accuracy, the form 990 is then filed.

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

Officers, directors chief employed executive and chief employed finacial executive will annually disclose or update to the chairman of the board of directors on a form provided by the organization their interests that could give rise to conflicts of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members. For each interest disclosed to the chairman of the board of directors, the chairman will determine whether to: (a) take no action; (b) assure full disclosure to the board of directors and other individuals covered by this policy; (c) ask the person to recuse from participation in related discussions or decisions within the organization; or (d) ask the person to resign from his or her position in the organization or, if the person refuses to resign, become subject to possible removal in accordance with the organization's removal procedures. The organization's chief employed executive and chief employed finance executive will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the chairman of the board of directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.

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

This policy on the process for determining compensation for hands on regional museum applies to the compensation of the following persons employed by the organization: chief employed executive, officers or key employees as defined below. As of this time, there are no officers or board members receiving any compensation. The process includes all of these elements: (1) review and approval by the executive committee of hands on regional museum; (2) use of data as to comparable compensation; and (3) contemporaneous documentation and recordkeeping. 1. Review and approval: the compensation of the person is reviewed and approved by the executive committee of the organization, provided that persons with any conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. 2. Use of data as to comparable compensation. The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. 3. Contemporaneous documentation and recordkeeping. There is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement. The chief employed executive is the person who has ultimate responsibility for implementing the decisions of the organizations's governing body or for supervising the management, administration or operations of the organization.

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

Officers are defined as a person elected or appointed to manage the organization's daily operations, such as a president, vice-president, secretary or treasurer. The officers of the organization are determined by reference to its organizing document, bylaws, or resolutions of its governing body, or as otherwise designated consistent with state law, but at a minimum include those officers required by applicable state law. Included as officers are the organization's top management official and top financial official. Key employees are employees of the organization who meets all three of the following tests: (a) receives reportable compensation from the organization and all related organizations in excess of 150,000.00 for the year. (b) the employee:(i) has responsibility, powers, or influence over the organization as a whole that is similar to those of officers, directors, or trustees; (ii) manages a discrete segment or activity of the organization that represents 10% or more of the activities, assets, income, or expenses of the organization as compared to the organization as a whole; or (iii) has or shares authority to control or determine 10% or more of the organization's capital expenditures, operating budget, or compensation for employees. (c) is one of the 20 employees that satisfy the 150,000.00 test and responsibility test with the highest reportable compensation from the organization and related organizations for the year.

Form 990, Page 6, Part VI, Line 19

Any request for the review of governing documents, policies or financial records will be forwarded to the board of directors. The board will review the request and then take appropriate actions to make the requested documents available.

Filing and Contact Details

Filer

Filer Name
Hands on Regional Museum Inc
EIN
62-1282542
Phone
4234344263
Address
315 EAST MAIN STREET, JOHNSON CITY, TN 37601

Signing Officer

Name
Andy Marquart
Title
Executive Director
Phone
4234344263
Signed
2015-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andy Marquart
Formed
1986
Legal Domicile
Tn
Voting Board Members
15
Independent Board Members
15
Employees
29

Preparer

Firm
Lewis & Associates Pc Cpas
Address
PRINCETON PROF BLDG 136 PRINCETON, JOHNSON CITY, TN 37601
Preparer
Thomas W Turbyfield
Phone
4239265138
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The organization's mission is to support education for learners of all ages by providing out-of-school learning experiences which cannot realistically be offered within the constraints of a formal school program. The organization's role in relationship to area schools is to complement existing programs by offering learning opportunities which will extend and enhance, but not supplant the school experience.

Financial Statement Notes

Schedule D, Page 3, Part X

The museum has been recognized by the internal revenue service (irs) as exempt from federal income tax under section 501 (c) (3) of the u.s. Internal revenue code, except for taxes on income from activities unrelated to its exempt purpose. Accordingly, no provision for income taxes has been made in the accompanying financial statements. Accounting principles generally accepted in the united states require management to evaluate tax positions taken by the museum and recognize a tax liability (or asset) if the museum has an uncertain tax position that more likely than not would be sustained upon examination by the irs. Management has concluded that as of june 30, 2015 and 2014, there are no uncertain tax positions taken or expected to be taken by the museum that would require recognition of a liability (or asset) or disclosure in the financial statements.

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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MISSION IS TO SUPPORT EDUCATION FOR LEARNERS OF ALL AGES BY PROVIDING OUT-OF-SCHOOL LEARNING EXPERIENCES WHICH CANNOT REALISTICALLY BE OFFERED WITHIN THE CONSTRAINTS OF A FORMAL SCHOOL PROGRAM. THE ORGANIZATION'S ROLE IN RELATIONSHIP TO AREA SCHOOLS IS TO COMPLEMENT EXISTING PROGRAMS BY OFFERING LEARNING OPPORTUNITIES WHICH WILL EXTEND AND ENHANCE, BUT NOT SUPPLANT THE SCHOOL EXPERIENCE.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.83$0.71$1.12$0.90$0.85$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.83$0.76$1.07$0.78$0.73$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.84$0.82$1.01$0.81$0.76$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.77$1.04$0.53$0.61$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.99$0.95$1.05$0.59$0.72$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.92$0.74$1.18$0.83$0.75$0.08
2018Summary only. Only limited summary data is available for this year.$1.61$0.51$1.10$1.13$0.66$0.48
2017Detailed filing. Detailed filing data is available for this year.$0.67$0.05$0.62$0.89$0.62$0.26
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.04$0.36$0.76$0.73$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.32$0.81$0.87$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.42$0.03$0.39$0.82$0.79$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.06$0.35$0.79
2012Summary only. Only limited summary data is available for this year.$0.57$0.07$0.50$0.80$0.76$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.06$0.46$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.07$0.49$0.73
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $500k-$1M nonprofits