South Hill Community Development Association Inc
Nonprofit profile at a glance
- EIN
- 541069345
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- South Hill, VA, USA
- Phone
- 4344473191
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Urban, Community Economic Development
Reported finances
- Revenue
- $209,077
- Expenses
- $159,173
- Assets
- $2,464,434
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- VIN MONTGOMERY (PRESIDENT)
People named in this filing
- DEBORAH GOSNEY (BOARD MEMBER)
- HANNAH HAYES (BOARD MEMBER)
- ASHLEY LIPSCOMB (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote economic development within the town of south hill, va by providing opportunities for education, the arts, and business.
What it reported doing in 2024
Promote economic development within the town of south hill, va by providing opportunities for education, the arts and business.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 81
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.1%; rating input score 60
- Program expense ratio: 73.5%; rating input score 74
- Fundraising efficiency: $3.16 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 23.9%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 15.48; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 0.7% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: -12.9% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -13% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 60.1% of revenue deployed · 73.5% of spending went to programs
- Governance: 6 of 6 board members independent · 2 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $117K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 14/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.