Civic Intelligence

1982 Foundation

990 • Fiscal year 2022 • EIN 87-2345102

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 09, 2023

PO Box 82Grantsville, WV 26147

(304) 588-1606

Siviq Scores

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

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

34th percentile

0.03x

Higher debt load relative to revenue than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

96th percentile

78%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

93rd percentile

93%

Faster asset growth than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

8.7%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,138,566

Up $1,030,348 (+93%) from 2021

Net Assets

Up

$2,102,280

Up $994,062 (+90%) from 2021

Liabilities

Up

$36,286

Up $36,286 from 2021

Revenue

Up

$1,275,716

Up $101,666 (+8.7%) from 2021

Expenses

Up

$281,653

Up $215,821 (+328%) from 2021

Net Income

Down

$994,063

Down $114,155 (-10%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2021: $1,108,218Liabilities 2021: $0Net Assets 2021: $1,108,2182021Assets 2022: $2,138,566Liabilities 2022: $36,286Net Assets 2022: $2,102,2802022Assets 2023: $6,246,108Liabilities 2023: $3,843,404Net Assets 2023: $2,402,7042023Assets 2024: $6,223,390Liabilities 2024: $2,979,749Net Assets 2024: $3,243,6412024

Highlighted filing

2022

Assets$2,138,566
Liabilities$36,286
Net Assets$2,102,280

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2021: $1,174,050Expenses 2021: $65,832Net Income 2021: $1,108,2182021Revenue 2022: $1,275,716Expenses 2022: $281,653Net Income 2022: $994,0632022Revenue 2023: $895,871Expenses 2023: $595,447Net Income 2023: $300,4242023Revenue 2024: $1,374,771Expenses 2024: $533,834Net Income 2024: $840,9372024

Highlighted filing

2022

Revenue$1,275,716
Expenses$281,653
Net Income$994,063
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$1,275,716
Mission and Program Overview

Mission

The 1982 foundation was created with its sole mission of converting the old calhoun county high school into the calhoun county community center to provide recreational activities and community support to the children and residents of calhoun county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$434,547$1,088,005▲ $653,458
Savings and Temporary Cash Investments$134,049$1,050,561▲ $916,512
Cash and Non-Interest-Bearing Accounts$539,622--
Total Assets$1,108,218$2,138,566▲ $1,030,348
Liabilities
Accounts Payable and Accrued Expenses-$36,286-
Total Liabilities$0$36,286▲ $36,286
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,108,218$2,102,280▲ $994,062
Total Net Assets Fund Balance$1,108,218$2,102,280▲ $994,062
Total Liabilities and Net Assets / Fund Balance$1,108,218$2,138,566▲ $1,030,348

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$844,401-$844,401
Buildings$158,420$1,366$159,786
Land$68,500-$68,500
Equipment$16,684$879$17,563
Compensation and Service Providers

Board Members and Trustees

NameTitle
Crystal MerschPresident/board
Robin MerschVice President/board
Heidi TerryBoard of Advisors
Paul GoodrichBoard of Advisors
Robin HughesBoard of Advisors
Roger CarterBoard of Advisors
Teresa OvertonTreasurer/board
Aaron SpaurSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,275,552
Program Service Revenue
$0
Investment Income
$164
Other Revenue
$0
All Other Contributions
$1,275,552
Change in Net Assets
$994,063

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
Other Non Cash Contri Table1$90,966Actual Cost
Total Noncash Contributions1$90,966-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,275,716
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,275,716
Total Revenue per Form 990
$1,275,716
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$240,633
Salaries, Compensation, and Employee Benefits$32,167
Total Fundraising Expense$15,809
Grants and Similar Amounts Paid$8,853
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$54,770--$54,770
Other Salaries and Wages$30,549--$30,549
Insurance-$17,633-$17,633
Advertising-$17,301-$17,301
Fees for Services Legal-$15,603-$15,603
Grants to Domestic Individuals$8,853--$8,853
All Other Expenses$5,817--$5,817
Other Expenses$95,366$5,167$15,809$5,167
Depreciation Depletion$2,245--$2,245
Office Expenses-$1,716-$1,716
Payroll Taxes$1,618--$1,618
Fees for Services Accounting$1,500--$1,500
Total Functional Expenses$200,718$65,126$15,809$281,653

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$281,653
Total Expenses per Audited Statements$281,653
Total Expenses per Form 990$281,653
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
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, Part VI, Section A, Line 2

Crystal mersh (president) & robin mersh (v. President) are married.

Form 990, Part VI, Section B, Line 11B

A draft copy of the form 990 is made available to the board members for review before the treasurer ultimately signs-off on the filing.

Form 990, Part VI, Section B, Line 15A

The organization does not compensate directors, officers or "top officials".

Form 990, Part VI, Section C, Line 19

The governing documents are made available upon written request.

Filing and Contact Details

Filer

Filer Name
The 1982 Foundation
EIN
87-2345102
Phone
3045881606
Address
PO BOX 82, GRANTSVILLE, WV 26147

Signing Officer

Name
Teresa Overton
Title
Treasuer/board
Phone
3045881606
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Crystal Mersh
Formed
2021
Legal Domicile
Wv
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
50

Preparer

Firm
Herman & Cormany Cpas Ac
Address
8 CAPITOL STREET STE 600, CHARLESTON, WV 25301
Preparer
Cristopher P Somerville
Phone
3043452320
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Architecture and grant writing costs: program service expenses 54,770. Management and general expenses 0. Fundraising expenses 0. Total expenses 54,770.

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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017563
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0281653
IRS990ScheduleD/LandGrp/BookValueAmt068500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt068500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0844401
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0844401
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01275716
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01088005
IRS990ScheduleD/TotalExpensesPerForm990Amt0281653
IRS990ScheduleD/TotalRevenuePerForm990Amt01275716
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01275716
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0281653
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08853
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0TOYS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0ACTUAL COST
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt090966
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CRYSTAL MERSH (PRESIDENT) & ROBIN MERSH (V. PRESIDENT) ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD MEMBERS FOR REVIEW BEFORE THE TREASURER ULTIMATELY SIGNS-OFF ON THE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT COMPENSATE DIRECTORS, OFFICERS OR "TOP OFFICIALS".
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ARCHITECTURE AND GRANT WRITING COSTS: PROGRAM SERVICE EXPENSES 54,770. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 54,770.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WV
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01108218
IRS990/TotalAssetsEOYAmt02138566
IRS990/TotalAssetsGrp/BOYAmt01108218
IRS990/TotalAssetsGrp/EOYAmt02138566
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01275552
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015809
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065126
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0200718
IRS990/TotalFunctionalExpensesGrp/TotalAmt0281653
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt036286
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt036286
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01108218
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02102280
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0200718
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0164
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01275716
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01108218
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02138566
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0320 WILDERLAKE CT
IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030328
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.THE1982FOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA OVERTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASUER/BOARD
ReturnHeader/BusinessOfficerGrp/PhoneNum03045881606
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE 1982 FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt01982
ReturnHeader/Filer/EIN0872345102
ReturnHeader/Filer/PhoneNum03045881606
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 82
ReturnHeader/Filer/USAddress/CityNm0GRANTSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd026147
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0550596200
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HERMAN & CORMANY CPAS AC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08 CAPITOL STREET STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd025301
ReturnHeader/PreparerPersonGrp/PhoneNum03043452320
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CRISTOPHER P SOMERVILLE
ReturnHeader/ReturnTs02023-11-09T15:32:24-06:00
ReturnHeader/ReturnTypeCd0990

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