Civic Intelligence

Hillel at Virginia Tech Inc Co Susan Kurtz

990 • Fiscal year 2020 • EIN 90-0406012

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 03, 2020

710 Toms Creek RoadBlacksburg, VA 24060

(540) 951-5397

Siviq Scores

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

Liabilities / Assets

61st percentile

0.19x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.64x

Higher debt load relative to revenue than 80% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

72nd percentile

$106,245

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

42nd percentile

3.1%

Faster asset growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-10%

Faster revenue growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,400,646

Up $71,294 (+3.1%) from 2019

Net Assets

Down

$1,942,117

Down $105,759 (-5.2%) from 2019

Liabilities

Up

$458,529

Up $177,053 (+63%) from 2019

Revenue

Down

$717,169

Down $81,413 (-10%) from 2019

Expenses

Down

$822,928

Down $51,667 (-5.9%) from 2019

Net Income

Down

-$105,759

Down $29,746 (-39%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $840,536Liabilities 2011: $0Net Assets 2011: $840,5362011Assets 2012: $1,634,595Liabilities 2012: $172,135Net Assets 2012: $1,462,4602012Assets 2013: $2,528,433Liabilities 2013: $556,995Net Assets 2013: $1,971,4382013Assets 2014: $2,579,362Liabilities 2014: $447,345Net Assets 2014: $2,132,0172014Assets 2015: $2,570,050Liabilities 2015: $333,204Net Assets 2015: $2,236,8462015Assets 2016: $2,605,332Liabilities 2016: $321,111Net Assets 2016: $2,284,2212016Assets 2017: $2,508,972Liabilities 2017: $308,475Net Assets 2017: $2,200,4972017Assets 2018: $2,419,161Liabilities 2018: $295,272Net Assets 2018: $2,123,8892018Assets 2019: $2,329,352Liabilities 2019: $281,476Net Assets 2019: $2,047,8762019Assets 2020: $2,400,646Liabilities 2020: $458,529Net Assets 2020: $1,942,1172020Assets 2021: $2,561,638Liabilities 2021: $502,969Net Assets 2021: $2,058,6692021Assets 2022: $2,354,002Liabilities 2022: $252,720Net Assets 2022: $2,101,2822022Assets 2023: $2,419,553Liabilities 2023: $240,699Net Assets 2023: $2,178,8542023Assets 2024: $2,782,164Liabilities 2024: $266,625Net Assets 2024: $2,515,5392024Assets 2025: $2,876,081Liabilities 2025: $189,733Net Assets 2025: $2,686,3482025

Highlighted filing

2020

Assets$2,400,646
Liabilities$458,529
Net Assets$1,942,117

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $306,603Expenses 2011: $177,200Net Income 2011: $129,4032011Revenue 2012: $834,137Expenses 2012: $202,081Net Income 2012: $632,0562012Revenue 2013: $856,487Expenses 2013: $347,509Net Income 2013: $508,9782013Revenue 2014: $607,523Expenses 2014: $446,944Net Income 2014: $160,5792014Revenue 2015: $535,153Expenses 2015: $430,324Net Income 2015: $104,8292015Revenue 2016: $527,689Expenses 2016: $480,314Net Income 2016: $47,3752016Revenue 2017: $544,867Expenses 2017: $628,591Net Income 2017: -$83,7242017Revenue 2018: $640,179Expenses 2018: $716,787Net Income 2018: -$76,6082018Revenue 2019: $798,582Expenses 2019: $874,595Net Income 2019: -$76,0132019Revenue 2020: $717,169Expenses 2020: $822,928Net Income 2020: -$105,7592020Revenue 2021: $785,163Expenses 2021: $668,611Net Income 2021: $116,5522021Revenue 2022: $1,038,940Expenses 2022: $996,327Net Income 2022: $42,6132022Revenue 2023: $1,034,024Expenses 2023: $962,424Net Income 2023: $71,6002023Revenue 2024: $1,154,176Expenses 2024: $860,005Net Income 2024: $294,1712024Revenue 2025: $1,065,853Expenses 2025: $956,909Net Income 2025: $108,9442025

Highlighted filing

2020

Revenue$717,169
Expenses$822,928
Net Income-$105,759
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 3, 2020
Return Version
2019v5.0
Gross Receipts
$717,169
Mission and Program Overview

Mission

Hillel at virginia tech is a home away from home where one can grow personally and socially through involvement, leadership, and mentorship. With pluralism and intersectionality in mind, our programs cultivate an environment of accessibility and unwavering curiosity towards judaism and israel for the hokie community.

Hillel's mission is to enrich the lives of jewish undergraduates and graduate students so they may enrich the jewish people and the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,884,752$1,824,678▼ $60,074
Savings and Temporary Cash Investments$300,000$300,008▲ $8
Cash and Non-Interest-Bearing Accounts$144,600$275,960▲ $131,360
Total Assets$2,329,352$2,400,646▲ $71,294
Liabilities
Mortgage Notes Payable Secured by Investment Property$281,476$267,061▼ $14,415
Other Liabilities-$191,468-
Total Liabilities$281,476$458,529▲ $177,053
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,047,876$1,942,117▼ $105,759
Total Net Assets Fund Balance$2,047,876$1,942,117▼ $105,759
Total Liabilities and Net Assets / Fund Balance$2,329,352$2,400,646▲ $71,294

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,410,814$333,038$1,743,852
Land$402,958-$402,958
Other Land Buildings$6,767$117,841$124,608
Equipment$4,139$24,765$28,904
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan KurtzExecutive DiFT$99,445$6,800$106,245

Board Members and Trustees

NameTitle
Rochelle FriedmanChair
Samantha SmithFormer Chair
Ben ChinskyBoard Member
Brian StorrieBoard Member
Bryan DrowosBoard Member
Ed GrallaBoard Member
Ed SarfanBoard Member
Howard FeiertabBoard Member
Irv BlankBoard Member
Joe NizhnikovBoard Member
Rachel OppenheimBoard Member
Rick BeskinBoard Member
Rick RosenbergBoard Member
Rodney TannerBoard Member
Shayna HorowitzDevelopment
Noam NeusnerFinance Chai
Laura DisneyOperations C
Revenue and Support

Revenue Composition

Contributions and Grants
$684,954
Program Service Revenue
$24,862
Investment Income
$3,927
Other Revenue
$3,426
All Other Contributions
$684,954
Change in Net Assets
$-105,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$479,728
Other Expenses$343,200
Total Fundraising Expense$113,016
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$217,415$38,888$20,417$276,720
Current Officers, Directors, Trustees, and Key Employees$51,711$38,783$38,783$129,277
Depreciation Depletion$54,062$6,011-$60,073
Fees for Services Management$32,782$12,459-$45,241
Other Employee Benefits$19,847$3,308$9,924$33,079
Payroll Taxes$19,422$3,237$9,711$32,370
Office Expenses$14,135$14,135-$28,270
Occupancy$22,227$2,778$2,778$27,783
All Other Expenses$21,334--$21,334
Other Expenses$20,432-$28,825$20,432
Interest$10,887$1,210-$12,097
Pension Plan Contributions$4,969$828$2,485$8,282
Fees for Services Accounting-$1,430-$1,430
Conferences and Meetings-$101-$101
Travel--$93$93
Total Functional Expenses$586,744$123,168$113,016$822,928
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance Liability$122,068
PPP LOAN: REFUNDABLE ADVANCE$69,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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

Form 990 part vi line 6,7a,7b the corporation shall have one class of members whose qualifications, voting rights, general responsibilities, and method of selection are set forth in the bylaws. The affairs of the corporation are managed by the board of directors. Directors are elected by the members in accordance with procedures set forth in the bylaws. Form 990, part vi, section b, line 11 tax returns will be reviewed by the executive committee. Form 990, part vi section b line 12c if there is an actual or possible conflict of interest - an interested person must disclose the existence of the financial interest and be given an opportunity to disclose all material facts to the directors and members of committees who have governing, board delegated powers after disclosure and discussion with the interested person. The governing board will determine whether a conflict of interest exists, discuss and vote, exclusive of the interested person in confirmity with above determination, it shall make its decision as to whether to enter the transaction. Form 990, part vi, section c, line 19 tax filing forms mentioned are made available for public inspection under written request to the executive director, susan kurtz, at the address: po box 708, blacksburg va, 24063.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the executive director and the executive committee of the board of directors.

Form 990, Page 6, Part VI, Line 12C

If there is an actual or possible conflict of interest, an ainterested person must disclose the existence of the financial interest and be given an opportunity to disclose all material facts to the directors and members of committees who have governing, board delegated powers after disclosure and discussion with the interested eprson. The governing board will determine whether a conflict of interest exists, discuss and vote, exclusive of the interested person in conformity with above determination, it shall make its decision as to whether to enter into the transaction.

Form 990, Page 6, Part VI, Line 15A

A voting member of the ogverning board who receives compensation, directly or indirectly, from the organization for services is precluded from voting on matters pertaining to that members wages.

Form 990, Page 6, Part VI, Line 15B

A voting member of the ogverning board who receives compensation, directly or indirectly, from the organization for services is precluded from voting on matters pertaining to that members wages.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the general public by request.

Filing and Contact Details

Filer

Filer Name
Hillel at Va Tech Inc
EIN
90-0406012
Phone
5409515397
Address
710 TOMS CREEK ROAD, BLACKSBURG, VA 24060

Signing Officer

Name
Susan Kurtz
Title
Executive Director
Signed
2020-11-03

Organization Details

Principal Officer
Susan Kurtz
Formed
2008
Legal Domicile
Va
Voting Board Members
18
Independent Board Members
17
Employees
9
Volunteers
17

Preparer

Firm
Cooke Lavender Massey & Company Pc
Address
2001 S MAIN ST STE 6, BLACKSBURG, VA 24060-6667
Preparer
Jeffrey Call CPA
Phone
5409531152
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Hillel at virginia tech is a home away from home where one can grow personally and socially through involvement, leadership, and mentorship. With pluralism and intersectionality in mind, our programs cultivate an environment of accessibility and unwavering curiosity towards judaism and israel for the hokie community.

Form 990, Part III

Part iii, 4d other program expenses include student leadership retreats, student conference, faculty student alumni dinner, film festival, passover, etc. All programs designed to cultivate community among diverse groups. Dinners serve to emphasize jewish traditions, education, community building, and cultural discussions. Traditional feasts such as passover, serve as an opportunity for jewish people to reflect on their heritage by participating in jewish customs and traditions.

Form 990, Page 2, Part III, Line 4D

Israel programs series of program events to educate about israel culture, politics, people and traditions. Significant programs are listed in more detail below: sababba ethic entrepenuer program - 8 week long eduation program about israel israel independence day - a day long celebration of israels independence with : camels, middle eastern food, music and entertainment for the entire universtiy. Israel booth - the international street fair: food and educational materials shared with participants alternative break - provides an opportunity to impact some positive change to relevant social issues. Social day-to-day volunteer experiences - provide common ground on which to cultivate community among diverse groups. High quality immersion experiences - not only help us to understand, self, but also transforms other and them to know names, shared experiences, and valued stories. Daniel pearl music days - an international network of concerts that use the power of music to reaffirm our commitment to tolerance and humanity. World music days is an awareness raising program - not a fundraiser.

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IRS990/MissionDesc0HILLEL AT VIRGINIA TECH IS A HOME AWAY FROM HOME WHERE ONE CAN GROW PERSONALLY AND SOCIALLY THROUGH INVOLVEMENT, LEADERSHIP, AND MENTORSHIP. WITH PLURALISM AND INTERSECTIONALITY IN MIND, OUR PROGRAMS CULTIVATE AN ENVIRONMENT OF ACCESSIBILITY AND UNWAVERING CURIOSITY TOWARDS JUDAISM AND ISRAEL FOR THE HOKIE COMMUNITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0ISRAEL PROGRAMS A SERIES OF PROGRAMS AND EVENTS TO EDUCATE ABOUT ISRAEL CULTURE, POLITICS, PEOPLE AND TRADITIONS. SIGNIFICANT PROGRAMS ARE LISTED IN MORE DETAIL BELOW: SABABBA ETHIC ENTREPRENUER PROGRAM - 8 WEEK LONG EDUCATION PROGRAM ABOUT ISRAEL ISRAEL INDEPENDENCE DAY IS A DAY LONG CELEBRATION OF SIRAELS INDEPENDENCE WITH CAMELS, MIDDLE EASTERN FOOD, MUSIC AND ENTERTAINMENT FOR THE ENTIRE UNIVERSITY. ISRAEL BOOTH IS THE INTERNATIONAL STREET FAIR WHERE FOOD AND EDUCATIONAL MATERIALS ARE SHARED WITH PARTICIPANTS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0ISRAEL PROGRAMS SERIES OF PROGRAM EVENTS TO EDUCATE ABOUT ISRAEL CULTURE, POLITICS, PEOPLE AND TRADITIONS. SIGNIFICANT PROGRAMS ARE LISTED IN MORE DETAIL BELOW: SABABBA ETHIC ENTREPENUER PROGRAM - 8 WEEK LONG EDUATION PROGRAM ABOUT ISRAEL ISRAEL INDEPENDENCE DAY - A DAY LONG CELEBRATION OF ISRAELS INDEPENDENCE WITH : CAMELS, MIDDLE EASTERN FOOD, MUSIC AND ENTERTAINMENT FOR THE ENTIRE UNIVERSTIY. ISRAEL BOOTH - THE INTERNATIONAL STREET FAIR: FOOD AND EDUCATIONAL MATERIALS SHARED WITH PARTICIPANTS ALTERNATIVE BREAK - PROVIDES AN OPPORTUNITY TO IMPACT SOME POSITIVE CHANGE TO RELEVANT SOCIAL ISSUES. SOCIAL DAY-TO-DAY VOLUNTEER EXPERIENCES - PROVIDE COMMON GROUND ON WHICH TO CULTIVATE COMMUNITY AMONG DIVERSE GROUPS. HIGH QUALITY IMMERSION EXPERIENCES - NOT ONLY HELP US TO UNDERSTAND, SELF, BUT ALSO TRANSFORMS OTHER AND THEM TO KNOW NAMES, SHARED EXPERIENCES, AND VALUED STORIES. DANIEL PEARL MUSIC DAYS - AN INTERNATIONAL NETWORK OF CONCERTS THAT USE THE POWER OF MUSIC TO REAFFIRM OUR COMMITMENT TO TOLERANCE AND HUMANITY. WORLD MUSIC DAYS IS AN AWARENESS RAISING PROGRAM - NOT A FUNDRAISER.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.19$2.69$1.07$0.96$0.11
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.27$2.52$1.15$0.86$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$0.24$2.18$1.03$0.96$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.25$2.10$1.04$1.00$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.56$0.50$2.06$0.79$0.67$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.40$0.46$1.94$0.72$0.82$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.28$2.05$0.80$0.87$0.08
2018Summary only. Only limited summary data is available for this year.$2.42$0.30$2.12$0.64$0.72$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.51$0.31$2.20$0.54$0.63$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.61$0.32$2.28$0.53$0.48$0.05
2015Summary only. Only limited summary data is available for this year.$2.57$0.33$2.24$0.54$0.43$0.10
2014Summary only. Only limited summary data is available for this year.$2.58$0.45$2.13$0.61$0.45$0.16
2013Summary only. Only limited summary data is available for this year.$2.53$0.56$1.97$0.86$0.35$0.51
2012Summary only. Only limited summary data is available for this year.$1.63$0.17$1.46$0.83$0.20$0.63
2011Summary only. Only limited summary data is available for this year.$0.84$0.00$0.84$0.31$0.18$0.13