Civic Intelligence

Ghent District Foundation

990EZ • Fiscal year 2022 • EIN 92-0745864

Sep 22, 2022 to Dec 31, 2022 • Filed on Jan 20, 2023

Organization ProfileN/A
301 W 21st StreetNorfolk, VA 23517-2112

(757) 446-9481

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$2,696

No earlier filing loaded for comparison.

Net Assets

$2,696

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin98th percentile

Revenue

$2,775

No earlier filing loaded for comparison.

Expenses

$79

No earlier filing loaded for comparison.

Net Income

$2,696

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0Assets 2022: $2,696Net Assets 2022: $2,6962022Assets 2023: $35,936Net Assets 2023: $35,9362023Assets 2024: $39,488Net Assets 2024: $39,4882024Assets 2025: $44,164Net Assets 2025: $44,1642025

Highlighted filing

2022

Assets$2,696
Liabilities-
Net Assets$2,696
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$80K$60K$40K$20K$0Revenue 2022: $2,775Expenses 2022: $79Net Income 2022: $2,6962022Revenue 2023: $66,934Expenses 2023: $33,694Net Income 2023: $33,2402023Revenue 2024: $77,083Expenses 2024: $73,532Net Income 2024: $3,5512024Revenue 2025: $33,549Expenses 2025: $28,873Net Income 2025: $4,6762025

Highlighted filing

2022

Revenue$2,775
Expenses$79
Net Income$2,696
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 22, 2022 to Dec 31, 2022
Signed
Jan 20, 2023
Return Version
2022v5.0
Gross Receipts
$2,775
Mission and Program Overview

Mission

Prevention of blight in the ghent district, support underprivileged entrepreneurs and minority owned businesses, and promote and support the preservation of the historic ghent corridor and the non-profit organizations within the community.

Program Services

DescriptionGrantsExpenses
FIRST YEAR OF OPERATIONS. NO EXEMPT FUNCTION OPERATIONS.-$54
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CLAUS IHLEMANNPresident-$0--
KELLY A JOHNSONTreasurer-$0--
PAT MOORESecretary-$0--
ROBYN THOMASDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ghent District Foundation
EIN
92-0745864
Phone
7574469481
Address
301 W 21ST STREET, NORFOLK, VA 23517-2112

Signing Officer

Name
Claus Ihlemann
Title
President
Phone
7574469481
Signed
2023-01-20
Discuss with paid preparer
Yes

Preparer

Firm
Saunders Matthews & Pfitzner Pllc
Address
327 WEST 21ST STREET SUITE 203, NORFOLK, VA 23517
Preparer
Charles T Saunders CPA
Phone
7576257849
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses state registration 25 total 25”

Form 990-ez, Part II, Line 24

“0 1,070 less accumulated amortization 0 54 total 0 1,016”

Form 990-ez, Part III

“Prevention of blight in the ghent district, support underprivileged entrepreneurs and minority owned businesses, and promote and support the preservation of the historic ghent corridor and the non-profit organizations within the community.”

Raw XML Appendix119 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KELLY A JOHNSON
IRS990EZ/BooksInCareOfDetail/PhoneNum07574469481
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04815 COLLEY AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORFOLK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023508
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01680
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02775
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02696
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02696
IRS990EZ/GrossReceiptsAmt02775
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02696
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02696
IRS990EZ/OccupancyRentUtltsAndMaintAmt054
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CLAUS IHLEMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KELLY A JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAT MOORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROBYN THOMAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01016
IRS990EZ/OtherExpensesTotalAmt025
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PREVENTION OF BLIGHT IN THE GHENT DISTRICT, SUPPORT UNDERPRIVILEGED ENTREPRENEURS AND MINORITY OWNED BUSINESSES, AND PROMOTE AND SUPPORT THE PRESERVATION OF THE HISTORIC GHENT CORRIDOR AND THE NON-PROFIT ORGANIZATIONS WITHIN THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FIRST YEAR OF OPERATIONS. NO EXEMPT FUNCTION OPERATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt054
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt079
IRS990EZ/TotalProgramServiceExpensesAmt054
IRS990EZ/TotalRevenueAmt02775
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02775
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02775
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt02775
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02775
IRS990ScheduleA/Total509Grp/TotalAmt02775
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02775
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02775
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES STATE REGISTRATION 25 TOTAL 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10 1,070 LESS ACCUMULATED AMORTIZATION 0 54 TOTAL 0 1,016
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREVENTION OF BLIGHT IN THE GHENT DISTRICT, SUPPORT UNDERPRIVILEGED ENTREPRENEURS AND MINORITY OWNED BUSINESSES, AND PROMOTE AND SUPPORT THE PRESERVATION OF THE HISTORIC GHENT CORRIDOR AND THE NON-PROFIT ORGANIZATIONS WITHIN THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CLAUS IHLEMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07574469481
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GHENT DISTRICT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GHEN
ReturnHeader/Filer/EIN0920745864
ReturnHeader/Filer/PhoneNum07574469481
ReturnHeader/Filer/USAddress/AddressLine1Txt0301 W 21ST STREET
ReturnHeader/Filer/USAddress/CityNm0NORFOLK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0235172112
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203700655
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAUNDERS MATTHEWS & PFITZNER PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0327 WEST 21ST STREET SUITE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORFOLK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023517
ReturnHeader/PreparerPersonGrp/PhoneNum07576257849
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES T SAUNDERS CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-04-28T16:10:22-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CLAUS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0IHLEMANN
ReturnHeader/TaxPeriodBeginDt02022-09-22
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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
$2,696
Liabilities
-
Net assets
$2,696
Revenue
$2,775
Expenses
$79
Net income
$2,696
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$44.2$44.2$33.5$28.9$4.68
2024Detailed filing. Detailed filing data is available for this year.$39.5$39.5$77.1$73.5$3.55
2023Detailed filing. Detailed filing data is available for this year.$35.9$35.9$66.9$33.7$33.2
2022Detailed filing. Detailed filing data is available for this year.$2.70$2.70$2.78$0.08$2.70