Civic Intelligence

Virginia Pace Authority

990EZ • Fiscal year 2022 • EIN 83-4132579

Mar 01, 2021 to Feb 28, 2022 • Filed on May 19, 2022

Organization ProfileVIRGINIAPACE.COM
138 Jordans JourneyWilliamsburg, 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

5.41x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

96th percentile

1.29x

Higher debt load relative to revenue than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

13th percentile

-36%

Higher net margin than 13% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$63,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 39.6% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

99th percentile

921%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

411%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$37,976

Up $34,255 (+921%) from 2021

Net Assets

Down

-$167,385

Down $57,007 (-52%) from 2021

Liabilities

Up

$205,361

Up $91,262 (+80%) from 2021

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin13th percentile

Revenue

Up

$159,263

Up $128,075 (+411%) from 2021

Expenses

Down

$216,270

Down $25,337 (-10%) from 2021

Net Income

Up

-$57,007

Up $153,412 (+73%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

2022

Assets$37,976
Liabilities$205,361
Net Assets-$167,385
Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

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

2022

Revenue$159,263
Expenses$216,270
Net Income-$57,007
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2021 to Feb 28, 2022
Signed
May 19, 2022
Return Version
2021v4.2
Gross Receipts
$159,263
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.$148,662$216,270
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ABIGAIL JOHNSONPresidentFT$63,000-$63,000
WILLIAM NUSBAUMSecretary-$0--
PAUL BROOKSTreasurer-$0--
MATTHEW HARRINGTONDirector-$0--
GREG MONTGOMERYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Virginia Pace Authority
EIN
83-4132579
Address
138 JORDANS JOURNEY, WILLIAMSBURG, VA 23185

Signing Officer

Name
Abigail C Johnson
Title
President
Phone
4153077777
Signed
2022-05-19
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Description of other expenses Part I line 16

“Description amountdepreciation 208advertising 454education 107insurance 6,810meals 272memberships 200software 2,641taxes and licenses 50bank charges 2payroll taxes 7,750”

Description of other assets Part II line 24

“Category beginning of year end of yearcomputer equipment 1,013 805employee advance 0 961”

Description of total liabilities Part II line 26

“Category beginning of year end of yearsba loan 43,100 43,100abby johnson notes payable 5,999 56,853rise revenue based loan 65,000 105,000payroll liabilities 0 408”

Raw XML Appendix182 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/PersonNm0ABIGAIL JOHNSON
IRS990EZ/BooksInCareOfDetail/PhoneNum07574520873
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0138 JORDANS JOURNEY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WILLIAMSBURG
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023185
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02708
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036210
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0159225
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-57007
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt091386
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03721
IRS990EZ/Form990TotalAssetsGrp/EOYAmt037976
IRS990EZ/GrossReceiptsAmt0159263
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt038
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LoansToFromOfficersAmt056852
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-110378
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-167385
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-110378
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-167385
IRS990EZ/OccupancyRentUtltsAndMaintAmt03904
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt045.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt063000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ABIGAIL JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILLIAM NUSBAUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL BROOKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MATTHEW HARRINGTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GREG MONTGOMERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01013
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01766
IRS990EZ/OtherExpensesTotalAmt018494
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ADMINISTERING CLEAN ENERGY FINANCING
IRS990EZ/PrintingPublicationsPostageAmt01013
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0STARTUP PRODUCTION AND ADVANCEMENT OF PACE (COMMERCIAL PROPERTY ASSESSED CLEAN ENERGY) PROGRAMS IN THE STATE OF VIRGINIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0148662
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0216270
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0101473
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0114099
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0205361
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0216270
IRS990EZ/TotalProgramServiceExpensesAmt0216270
IRS990EZ/TotalRevenueAmt0159263
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0VIRGINIAPACE.COM
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PAYCHECK PROTECTION LOAN FORGIVENESS RECEIVED $10,654.02
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Other income Part II line 10 or Part III line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0148661
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt030020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0195161
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0373842
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt038
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0168
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0206
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0206
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt010564
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03627
IRS990ScheduleA/OtherIncome509Grp/TotalAmt015191
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0373842
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0148661
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt030020
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0195161
IRS990ScheduleA/Total509Grp/TotalAmt0373842
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0159263
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt031188
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0198788
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0389239
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/BalanceDueAmt056852
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/TotalBalanceDueAmt056852
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTDEPRECIATION 208ADVERTISING 454EDUCATION 107INSURANCE 6,810MEALS 272MEMBERSHIPS 200SOFTWARE 2,641TAXES AND LICENSES 50BANK CHARGES 2PAYROLL TAXES 7,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARCOMPUTER EQUIPMENT 1,013 805EMPLOYEE ADVANCE 0 961
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARSBA LOAN 43,100 43,100ABBY JOHNSON NOTES PAYABLE 5,999 56,853RISE REVENUE BASED LOAN 65,000 105,000PAYROLL LIABILITIES 0 408
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/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ABIGAIL C JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04153077777
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA PACE AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0834132579
ReturnHeader/Filer/USAddress/AddressLine1Txt0138 JORDANS JOURNEY
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/PreparationDt02022-07-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Monica Harris
ReturnHeader/ReturnTs02022-07-14T21:37:42-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ABIGAIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JOHNSON
ReturnHeader/TaxPeriodBeginDt02021-03-01
ReturnHeader/TaxPeriodEndDt02022-02-28
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,976
Liabilities
$205,361
Net assets
-$167,385
Revenue
$159,263
Expenses
$216,270
Net income
-$57,007
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.20$4.71$4.51$0.61$1.72$1.11
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$4.15$3.40$1.59$2.40$0.81
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$2.93$2.85$1.49$2.67$1.18
2022Detailed filing. Detailed filing data is available for this year.$0.38$2.05$1.67$1.59$2.16$0.57
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$1.14$1.10$0.31$2.42$2.10