Historic Boydtons Renaissance Inc
- Assets
- $178.1k
- Revenue
- $1.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Boydton, VA
- Founding
- 06/2002
- Data as of
- 12/2020
- EIN
- 54-2052805
Organization Overview
Historic Boydtons Renaissance Inc is located in Boydton, VA. The organization was established in 2002. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Boydtons Renaissance Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Historic Boydtons Renaissance Inc generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $7.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE ECONOMIC DEVELOPMENT IN THE TOWN OF BOYDTON AND THE SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUNCTION OF THE ORGANIZATION IS TO PROMOTE ECONOMIC DEVELOPMENT TO THE TOWN OF BOYDTON AND THE SURROUNDING AREA. ECONOMIC DEVELOPMENT INCLUDES FILLING VACANT BUILDINGS WITH A COMPLIMENT OF BUSINESSES. TOURISM WILL ALSO BE EMPHASIZED AS THE TOWN OF BOYDTON HAS A RICH HISTORY.
REFER TO FIRST ACHIEVEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter R Beales III Vice Preside | OfficerTrustee | $0 | |
E Brooks Lenhart Secretary | OfficerTrustee | $0 | |
Will A Ober President | OfficerTrustee | $0 | |
Angela Amos Director | Trustee | $0 | |
Ee Coleman Jr Director | Trustee | $0 | |
Donna Ober Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $780 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $798 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,663 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $397 |
| Office expenses | $166 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,176 |
| Insurance | $837 |
| All other expenses | $0 |
| Total functional expenses | $7,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,333 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $178,054 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $178,054 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Army Historical Foundation Inc Fort Belvoir, VA | $16,487,331 | $17,384,969 |
Virginia Historical Society Richmond, VA | $152,846,402 | $30,481,870 |
United States Foundation For The Commemoration Of The World Wars Arlington, VA | $17,191,453 | $4,408,831 |
Victims Of Communism Memorial Foundation Inc Washington, DC | $17,153,978 | $4,238,783 |
Us Navy Memorial Foundation Washington, DC | $3,731,955 | $5,647,232 |
Maryland Historical Society Baltimore, MD | $35,915,742 | $5,321,306 |
Trust For The National Mall Washington, DC | $50,852,844 | $38,863,743 |
Association For The Preservation Of Virginia Antiquities Richmond, VA | $27,559,744 | $5,571,617 |
American Historical Association Washington, DC | $10,775,431 | $4,710,138 |
Robert E Lee Memorial Association Stratford, VA | $32,464,208 | $3,400,673 |
National Society Of The Colonial Dames Of America Washington, DC | $15,915,610 | $3,302,013 |
National Society Of The Sons Of The American Revolution Louisville, KY | $16,631,721 | $2,986,592 |