Civic Intelligence

Loco Arts

990EZ • Fiscal year 2019 • EIN 80-0473730

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 15, 2020

Organization Profilehttp//locoarts.org
2320 Olinger RoadBlacksburg, VA 24060

(703) 431-8586

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

4th percentile

-120%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

8th percentile

-53%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-95%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$2,336

Down $2,668 (-53%) from 2018

Net Assets

Down

$2,286

Down $2,718 (-54%) from 2018

Liabilities

$50

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin4th percentile

Revenue

Down

$2,256

Down $41,587 (-95%) from 2018

Expenses

Down

$4,974

Down $52,749 (-91%) from 2018

Net Income

Up

-$2,718

Up $11,162 (+80%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$30K$20K$10K$0Assets 2016: $3,901Liabilities 2016: $3,294Net Assets 2016: $6072016Assets 2017: $20,810Liabilities 2017: $1,926Net Assets 2017: $18,8842017Assets 2018: $5,004Net Assets 2018: $5,0042018Assets 2019: $2,336Liabilities 2019: $50Net Assets 2019: $2,2862019

Highlighted filing

2019

Assets$2,336
Liabilities$50
Net Assets$2,286
Open 2019 Filing

Operations Trend

Revenue Growth2nd percentile

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

$100K$50K$0-$50KRevenue 2016: $64,879Expenses 2016: $63,739Net Income 2016: $1,1402016Revenue 2017: $98,243Expenses 2017: $79,969Net Income 2017: $18,2742017Revenue 2018: $43,843Expenses 2018: $57,723Net Income 2018: -$13,8802018Revenue 2019: $2,256Expenses 2019: $4,974Net Income 2019: -$2,7182019

Highlighted filing

2019

Revenue$2,256
Expenses$4,974
Net Income-$2,718
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2020
Return Version
2019v5.1
Gross Receipts
$2,256
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
Mission Related Programs-$3,524
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tacie JonesChair-$0--
Nicole McKitrickTreasurer-$0--
Rachel RughBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
LoCo Arts
EIN
80-0473730
Phone
7034318586
Address
2320 Olinger Road, Blacksburg, VA 24060

Signing Officer

Name
Tacie Jones
Title
Board Chair
Signed
2020-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Ledford Accounting Team Inc
Address
PO Box 207, Blacksburg, VA 24063
Preparer
Alice T Ledford
Phone
5405524034
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 19”

Form 990-EZ, Part I, Line 16, Other Expenses

“Depreciation 1,191”

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertising Promotion 21”

Form 990-EZ, Part I, Line 16, Other Expenses

“Program Specific Expense 702”

Form 990-EZ, Part I, Line 16, Other Expenses

“Media Office 205”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 500”

Form 990-EZ, Part I, Line 16, Other Expenses

“License, Taxes Fees 103”

Form 990-EZ, Part II, Line 24, Other Assets

“Furniture Fixtures less deprec Beginning of year 415, End of year 296”

Form 990-EZ, Part II, Line 26, Liabilities

“Reimb due to officer Beginning of year 0, End of year 50”

Form 990-EZ, Part III, Line 1

“To strengthen local communities with creative education and cultural exploration through the arts.”

Raw XML Appendix164 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990EZ/BooksInCareOfDetail/PhoneNum07034318586
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0434 Blue Grass Trail
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Newport
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd024128
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04589
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02040
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0306
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2718
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02188
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05004
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02336
IRS990EZ/GrossReceiptsAmt02256
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05004
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02286
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05004
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02286
IRS990EZ/OccupancyRentUtltsAndMaintAmt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Tacie Jones
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Nicole McKitrick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Rachel Rugh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0415
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0296
IRS990EZ/OtherExpensesTotalAmt02741
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O
IRS990EZ/PrintingPublicationsPostageAmt025
IRS990EZ/ProgramServiceRevenueAmt01950
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Mission Related Programs
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03524
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt050
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt04974
IRS990EZ/TotalProgramServiceExpensesAmt03524
IRS990EZ/TotalRevenueAmt02256
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http//locoarts.org/
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0306
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07127
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt015141
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt034749
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01950
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt036716
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt083102
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt052585
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0174353
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0116
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0116
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0209102
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02256
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt043843
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt098243
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt064760
IRS990ScheduleA/Total509Grp/TotalAmt0209102
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt043843
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt098243
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt064876
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0209218
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 19
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation 1,191
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Advertising Promotion 21
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Specific Expense 702
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Media Office 205
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6License, Taxes Fees 103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Furniture Fixtures less deprec Beginning of year 415, End of year 296
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Reimb due to officer Beginning of year 0, End of year 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9To strengthen local communities with creative education and cultural exploration through the arts.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part III, Line 1
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tacie Jones
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Chair
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LoCo Arts
ReturnHeader/Filer/BusinessNameControlTxt0LOCO
ReturnHeader/Filer/EIN0800473730
ReturnHeader/Filer/PhoneNum07034318586
ReturnHeader/Filer/USAddress/AddressLine1Txt02320 Olinger Road
ReturnHeader/Filer/USAddress/CityNm0Blacksburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024060
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E44671155DA31751693BF5E17EB7EE128678E69C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E44671155DA31751693BF5E17EB7EE128678E69C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.152.189.121
ReturnHeader/FilingSecurityInformation/IPDt02020-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:33:10
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ledford Accounting Team Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Blacksburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024063
ReturnHeader/PreparerPersonGrp/PhoneNum05405524034
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alice T Ledford
ReturnHeader/ReturnTs02020-11-15T01:04:18-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,336
Liabilities
$50
Net assets
$2,286
Revenue
$2,256
Expenses
$4,974
Net income
-$2,718
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$2.34$0.05$2.29$2.26$4.97$2.72
2018Detailed filing. Detailed filing data is available for this year.$5.00$5.00$43.8$57.7$13.9
2017Detailed filing. Detailed filing data is available for this year.$20.8$1.93$18.9$98.2$80.0$18.3
2016Detailed filing. Detailed filing data is available for this year.$3.90$3.29$0.61$64.9$63.7$1.14