Civic Intelligence

Greater Williamsburg

EIN 81-4433278 • 501(c)6 • Williamsburg, VA

Profile

The partnership's mission is to provide economic development programs to businesses in the greater williamsburg, virginia region including incentives, site selection assistance, workshops, seminars and roundtables to educate industry and foster growth. Additionally, the partnership through its launchpad program, provides a world class business incubator that fosters a successful entrepreneurial community by providing facilities, advisory services and amenities that will allow businesses to start, grow and reach their highest potential.

4345 New Town Avenue Suite 200Williamsburg, VA 23188

www.gwpva.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.16x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

0.04x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

57th percentile

4.1%

Higher net margin than 57% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

91st percentile

44%

Faster asset growth than 91% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

93rd percentile

77%

Faster revenue growth than 93% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$82,738

Up $25,267 (+44%) from 2017

Liabilities

Up

$12,882

Up $11,532 (+854%) from 2017

Net Assets

Up

$69,856

Up $13,735 (+24%) from 2017

Operations
Liabilities / Revenue69th percentileNet Margin57th percentile

Revenue

Up

$332,121

Up $144,482 (+77%) from 2017

Expenses

Up

$318,386

Up $186,868 (+142%) from 2017

Net Income

Down

$13,735

Down $42,386 (-76%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2017: $57,471Liabilities 2017: $1,350Net Assets 2017: $56,1212017Assets 2018: $82,738Liabilities 2018: $12,882Net Assets 2018: $69,8562018

Highlighted filing

2018

Assets$82,738
Liabilities$12,882
Net Assets$69,856
Open 2018 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2017: $187,639Expenses 2017: $131,518Net Income 2017: $56,1212017Revenue 2018: $332,121Expenses 2018: $318,386Net Income 2018: $13,7352018

Highlighted filing

2018

Revenue$332,121
Expenses$318,386
Net Income$13,735
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$82,738
Liabilities
$12,882
Net assets
$69,856
Revenue
$332,121
Expenses
$318,386
Net income
$13,735
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.13$0.70$3.32$3.18$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.57$0.01$0.56$1.88$1.32$0.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.3
Gross Receipts
$332,121
Mission and Program Overview

Mission

The partnership's mission is to provide economic development programs to businesses in the greater williamsburg, virginia region including incentives, site selection assistance, workshops, seminars and roundtables to educate industry and foster growth. Additionally, the partnership through its launchpad program, provides a world class business incubator that fosters a successful entrepreneurial community by providing facilities, advisory services and amenities that will allow businesses to start, grow and reach their highest potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$57,471$75,588▲ $18,117
Accounts Receivable-$7,150-
Total Assets$57,471$82,738▲ $25,267
Liabilities
Accounts Payable and Accrued Expenses$1,350$12,882▲ $11,532
Total Liabilities$1,350$12,882▲ $11,532
Net Assets / Fund Balance
Unrestricted Net Assets$56,121$69,856▲ $13,735
Total Net Assets Fund Balance$56,121$69,856▲ $13,735
Total Liabilities and Net Assets / Fund Balance$57,471$82,738▲ $25,267
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Steve MeadeGwp Chariman
Adam SteelyGwp Member
Arch MarstonGwp Member
Dr Patrick TompkinsGwp Member
Rick MobergGwp Member
Robin CarsonGwp Member
Julie SummsGwp Member/l
Leigh HouglandGwp Treasure
Bill CarrGwp Vice CHA
Amy JordanGwp/launchpa
Jim NoelGwp/launchpa
Michele Mixner DewittGwp/launchpa
Rick OveryLauchpad Mem
Leslie Schultz-hendersonLaunchpad Me
Paul GerhardtLaunchpad Me
Tim HarrisLaunchpad Me
Sal SotisLaunchpad Vi
Mary RogersLp Sec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$322,761
Program Service Revenue
$9,224
Investment Income
$136
Other Revenue
$0
All Other Contributions
$40,279
Change in Net Assets
$13,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$318,386
Total Fundraising Expense$8,396
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$111,355$12,373$5,240$128,968
Occupancy$71,693$2,276-$73,969
Advertising$42,077-$865$42,942
Fees for Services Other-$22,825-$22,825
Information Technology$14,521--$14,521
Travel$12,931$332-$13,263
Fees for Services Accounting-$6,493-$6,493
Office Expenses-$4,045$2,291$6,336
Fees for Services Legal-$3,717-$3,717
Conferences and Meetings-$3,076-$3,076
Insurance-$1,592-$1,592
Other Expenses-$327-$327
Total Functional Expenses$252,577$57,413$8,396$318,386
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Greater Williamsburg
EIN
81-4433278
Phone
7572006500
Address
4345 NEW TOWN AVENUE SUITE 200, WILLIAMSBURG, VA 23188

Signing Officer

Name
Steve Meade
Title
Gwp Chariman
Phone
7572006500
Signed
2019-05-10

Organization Details

Principal Officer
Steve Meade
Formed
2017
Legal Domicile
Va
Voting Board Members
18
Independent Board Members
18
Employees
0

Preparer

Firm
Robinson Farmer Cox Associates
Address
401 SOUTHLAKE BLVD, RICHMOND, VA 23236
Preparer
Anne Wall
Phone
8043784200
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The partnership's mission is to provide economic development programs to businesses in the greater williamsburg, virginia region including incentives, site selection assistance, workshops, seminars and roundtables to educate industry and foster growth. Additionally, the partnership through its launchpad program, provides a world class business incubator that fosters a successful entrepreneurial community by providing facilities, advisory services and amenities that will allow businesses to start, grow and reach their highest potential.”

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IRS990/OtherExpensesGrp/TotalAmt1327
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0STEVE MEADE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09224
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09224
IRS990/ProgSrvcAccomActy2Grp/Desc0LAUNCHPAD PROGRAM PROVIDES A WORLD CLASS BUSINESS INCUBATOR THAT FOSTERS A SUCCESSFUL ENTREPRENEURIAL COMMUNITY BY PROVIDING FACILITIES, ADVISORY SERVICES AND AMENITIES THAT WILL ALLOW BUSINESSES TO START, GROW AND REACH THEIR HIGHEST POTENTIAL TO BENEFIT THE GREATER WILLIAMSBURG COMMUNITIES.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0187617
IRS990/PYInvestmentIncomeAmt022
IRS990/PYOtherExpensesAmt0131518
IRS990/PYRevenuesLessExpensesAmt056121
IRS990/PYTotalExpensesAmt0131518
IRS990/PYTotalRevenueAmt0187639
IRS990/ReconcilationRevenueExpnssAmt013735
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PARTNERSHIP'S MISSION IS TO PROVIDE ECONOMIC DEVELOPMENT PROGRAMS TO BUSINESSES IN THE GREATER WILLIAMSBURG, VIRGINIA REGION INCLUDING INCENTIVES, SITE SELECTION ASSISTANCE, WORKSHOPS, SEMINARS AND ROUNDTABLES TO EDUCATE INDUSTRY AND FOSTER GROWTH. ADDITIONALLY, THE PARTNERSHIP THROUGH ITS LAUNCHPAD PROGRAM, PROVIDES A WORLD CLASS BUSINESS INCUBATOR THAT FOSTERS A SUCCESSFUL ENTREPRENEURIAL COMMUNITY BY PROVIDING FACILITIES, ADVISORY SERVICES AND AMENITIES THAT WILL ALLOW BUSINESSES TO START, GROW AND REACH THEIR HIGHEST POTENTIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt082738
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IRS990/TotalAssetsGrp/EOYAmt082738
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IRS990/TotalContributionsAmt0322761
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08396
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057413
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0252577
IRS990/TotalFunctionalExpensesGrp/TotalAmt0318386
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01350
IRS990/TotalLiabilitiesEOYAmt012882
IRS990/TotalLiabilitiesGrp/BOYAmt01350
IRS990/TotalLiabilitiesGrp/EOYAmt012882
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt056121
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt069856
IRS990/TotalProgramServiceRevenueAmt09224
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09360
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0332121
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt057471
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt082738
IRS990/TravelGrp/ManagementAndGeneralAmt0332
IRS990/TravelGrp/ProgramServicesAmt012931
IRS990/TravelGrp/TotalAmt013263
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt056121
IRS990/UnrestrictedNetAssetsGrp/EOYAmt069856
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04345 NEW TOWN AVENUE
IRS990/USAddress/AddressLine2Txt0SUITE 200
IRS990/USAddress/CityNm0WILLIAMSBURG
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023188
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE MEADE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GWP CHARIMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07572006500
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER WILLIAMSBURG
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PARTNERSHIP INC
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0814433278
ReturnHeader/Filer/PhoneNum07572006500
ReturnHeader/Filer/USAddress/AddressLine1Txt04345 NEW TOWN AVENUE SUITE 200
ReturnHeader/Filer/USAddress/CityNm0WILLIAMSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023188
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05DE83D308AF21EAAC4F44A572013746C71D0E517
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09ABF4A4CD9073D44961EDDFBB9D4FC555C086CE7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.77.77.25
ReturnHeader/FilingSecurityInformation/IPDt02019-05-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:23:53
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541896113
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBINSON FARMER COX ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 SOUTHLAKE BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023236
ReturnHeader/PreparerPersonGrp/PhoneNum08043784200
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNE WALL
ReturnHeader/ReturnTs02019-05-13T14:23:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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