Civic Intelligence

Virginia Pace Authority

990EZ • Fiscal year 2021 • EIN 83-4132579

Feb 29, 2020 to Feb 28, 2021 • Filed on Dec 20, 2021

249 Richmond RoadWilliamsburg, VA 23185

(757) 452-0873

Siviq Scores

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

Liabilities / Assets

99th percentile

30.66x

Higher debt load relative to assets than 99% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

3.66x

Higher debt load relative to revenue than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-675%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$103,115

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 330.6% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

3rd percentile

-96%

Faster asset growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-84%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

$3,721

No earlier filing loaded for comparison.

Net Assets

-$110,378

No earlier filing loaded for comparison.

Liabilities

$114,099

No earlier filing loaded for comparison.

Revenue

$31,188

No earlier filing loaded for comparison.

Expenses

$241,607

No earlier filing loaded for comparison.

Net Income

-$210,419

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$500K$0-$500KAssets 2021: $3,721Liabilities 2021: $114,099Net Assets 2021: -$110,3782021Assets 2022: $37,976Liabilities 2022: $205,361Net Assets 2022: -$167,3852022Assets 2023: $7,801Liabilities 2023: $292,859Net Assets 2023: -$285,0582023Assets 2024: $74,758Liabilities 2024: $414,696Net Assets 2024: -$339,9382024Assets 2025: $20,407Liabilities 2025: $471,405Net Assets 2025: -$450,9982025

Highlighted filing

2021

Assets$3,721
Liabilities$114,099
Net Assets-$110,378

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2021: $31,188Expenses 2021: $241,607Net Income 2021: -$210,4192021Revenue 2022: $159,263Expenses 2022: $216,270Net Income 2022: -$57,0072022Revenue 2023: $149,048Expenses 2023: $266,721Net Income 2023: -$117,6732023Revenue 2024: $158,909Expenses 2024: $240,151Net Income 2024: -$81,2422024Revenue 2025: $61,416Expenses 2025: $172,476Net Income 2025: -$111,0602025

Highlighted filing

2021

Revenue$31,188
Expenses$241,607
Net Income-$210,419
Jump To
Filing Snapshot
Filing Period
Feb 29, 2020 to Feb 28, 2021
Signed
Dec 20, 2021
Return Version
2020v4.1
Gross Receipts
$31,188
Mission and Program Overview

Mission

Administering Clean Energy Financing

Program Services

DescriptionGrantsExpenses
STARTUP PRODUCTION AND ADVANCEMENT OF PACE (COMMERCIAL PROPERTY ASSESSED CLEAN ENERGY) PROGRAMS IN THE STATE OF VIRGINIA.$30,000$221,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ABIGAIL JOHNSONPresidentFT$103,115-$103,115
MATTHEW HARRINGTONDirector-$666-$666
WILLIAM NUSBAUMSecretary-$0--
PAUL BROOKSTreasurer-$0--
GENEVIEVE SHERMANDirector-$0--
VON GILBREATHDirector-$0--
GREG MONTGOMERYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Virginia Pace Authority
EIN
83-4132579
Address
249 RICHMOND ROAD, WILLIAMSBURG, VA 23185

Signing Officer

Name
Abigail Johnson
Title
President
Phone
4153077777
Signed
2021-12-20
Discuss with paid preparer
Yes

Preparer

Firm
Payne & Associates of Williamsburg
Address
PO Box 5100, WILLIAMSBURG, VA 23188
Preparer
Penelope Payne
Phone
7575640701
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountdepreciation 26advertising & marketing 251donations 125education 54insurance 6,111meals 17memberships 321software 243taxes & licenses 256travel 50grant supplies 2,805

Description of other assets Part II line 24

Category beginning of year end of yearcomputer equipment 0 1,013

Description of total liabilities Part II line 26

Category beginning of year end of yearsba loan 0 43,100abby johnson notes payable 0 5,999rise revenue based loan 0 65,000

Raw XML Appendix189 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WILLIAMSBURG
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023185
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt031188
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LoansToFromOfficersAmt05999
IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-110378
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ABIGAIL JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILLIAM NUSBAUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL BROOKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GENEVIEVE SHERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4VON GILBREATH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MATTHEW HARRINGTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6GREG MONTGOMERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01013
IRS990EZ/OtherExpensesTotalAmt010259
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ADMINISTERING CLEAN ENERGY FINANCING
IRS990EZ/PrintingPublicationsPostageAmt0377
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt030000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0221500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0218695
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0114099
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0241607
IRS990EZ/TotalProgramServiceExpensesAmt0221500
IRS990EZ/TotalRevenueAmt031188
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0VIRGINIAPACE.COM
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RECEIVED EIDL GRANT FOR $1,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Other income Part II line 10 or Part III line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt030020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0195161
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0225181
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0168
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0168
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03627
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04627
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0225181
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt030020
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0195161
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt031188
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0198788
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0229976
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
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt05999
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATIONAL EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05999
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ABIGAIL JOHNSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt05999
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTDEPRECIATION 26ADVERTISING & MARKETING 251DONATIONS 125EDUCATION 54INSURANCE 6,111MEALS 17MEMBERSHIPS 321SOFTWARE 243TAXES & LICENSES 256TRAVEL 50GRANT SUPPLIES 2,805
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARCOMPUTER EQUIPMENT 0 1,013
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARSBA LOAN 0 43,100ABBY JOHNSON NOTES PAYABLE 0 5,999RISE REVENUE BASED LOAN 0 65,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ABIGAIL JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04153077777
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA PACE AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0834132579
ReturnHeader/Filer/USAddress/AddressLine1Txt0249 RICHMOND ROAD
ReturnHeader/Filer/USAddress/CityNm0WILLIAMSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023185
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0743068207
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Payne & Associates of Williamsburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 5100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLIAMSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023188
ReturnHeader/PreparerPersonGrp/PhoneNum07575640701
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Penelope Payne
ReturnHeader/ReturnTs02021-12-20T22:02:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ABIGAIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JOHNSON
ReturnHeader/TaxPeriodBeginDt02020-03-01
ReturnHeader/TaxPeriodEndDt02021-02-28
ReturnHeader/TaxYr02020

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Filings