Civic Intelligence

Simmons & Associates Educational Fd Inc

990EZ • Fiscal year 2019 • EIN 03-0490907

Nov 01, 2018 to Oct 31, 2019 • Filed on Dec 04, 2019

Organization Profilewww.simmonsedfund.org/index.html
3907 Sylvan WayColorado Springs, CO 80917

(719) 597-7648

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

9th percentile

-30%

Higher net margin than 9% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

73rd percentile

$8,600

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

20th percentile

-16%

Faster asset growth than 20% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-11%

Faster revenue growth than 26% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$235,308

Down $44,814 (-16%) from 2018

Net Assets

Down

$235,308

Down $44,814 (-16%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin9th percentile

Revenue

Down

$150,837

Down $18,676 (-11%) from 2018

Expenses

Down

$195,651

Down $28,717 (-13%) from 2018

Net Income

Up

-$44,814

Up $10,041 (+18%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$600K$400K$200K$0Assets 2011: $336,901Liabilities 2011: $02011Assets 2012: $342,371Liabilities 2012: $0Net Assets 2012: $342,3712012Assets 2013: $482,283Liabilities 2013: $0Net Assets 2013: $482,2832013Assets 2014: $498,975Liabilities 2014: $0Net Assets 2014: $498,9752014Assets 2015: $477,331Liabilities 2015: $0Net Assets 2015: $477,3312015Assets 2016: $359,809Liabilities 2016: $02016Assets 2017: $334,977Liabilities 2017: $0Net Assets 2017: $334,9772017Assets 2018: $280,122Liabilities 2018: $0Net Assets 2018: $280,1222018Assets 2019: $235,308Liabilities 2019: $0Net Assets 2019: $235,3082019Assets 2020: $243,125Liabilities 2020: $0Net Assets 2020: $243,1252020Assets 2021: $344,780Liabilities 2021: $0Net Assets 2021: $344,7802021Assets 2022: $394,729Liabilities 2022: $0Net Assets 2022: $394,7292022Assets 2023: $462,049Liabilities 2023: $0Net Assets 2023: $462,0492023Assets 2024: $421,370Liabilities 2024: $0Net Assets 2024: $421,3702024Assets 2025: $385,970Liabilities 2025: $0Net Assets 2025: $385,9702025

Highlighted filing

2019

Assets$235,308
Liabilities$0
Net Assets$235,308
Open 2019 Filing

Operations Trend

Revenue Growth26th percentile

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

$400K$200K$0-$200KRevenue 2011: $177,151Expenses 2011: $269,109Net Income 2011: -$91,9582011Expenses 2012: $236,8212012Revenue 2013: $390,628Expenses 2013: $250,716Net Income 2013: $139,9122013Revenue 2014: $274,978Expenses 2014: $258,286Net Income 2014: $16,6922014Revenue 2015: $261,360Expenses 2015: $283,004Net Income 2015: -$21,6442015Revenue 2016: $170,926Expenses 2016: $288,448Net Income 2016: -$117,5222016Revenue 2017: $206,256Expenses 2017: $231,088Net Income 2017: -$24,8322017Revenue 2018: $169,513Expenses 2018: $224,368Net Income 2018: -$54,8552018Revenue 2019: $150,837Expenses 2019: $195,651Net Income 2019: -$44,8142019Revenue 2020: $94,979Expenses 2020: $87,162Net Income 2020: $7,8172020Revenue 2021: $200,982Expenses 2021: $99,327Net Income 2021: $101,6552021Revenue 2022: $151,019Expenses 2022: $101,070Net Income 2022: $49,9492022Revenue 2023: $199,971Expenses 2023: $132,651Net Income 2023: $67,3202023Revenue 2024: $128,717Expenses 2024: $169,396Net Income 2024: -$40,6792024Revenue 2025: $169,401Expenses 2025: $204,801Net Income 2025: -$35,4002025

Highlighted filing

2019

Revenue$150,837
Expenses$195,651
Net Income-$44,814
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Dec 4, 2019
Return Version
2018v3.1
Gross Receipts
$150,837
Mission and Program Overview

Mission

To provide education to practitioners and students about the business of veterinary medicine.

To provide continuing education opportunities for veterinarians who are nearing retirement age or who are otherwise exiting their practices.

Program Services

DescriptionGrantsExpenses
Sponsored and awarded 26 scholarships to 25 different veterinary schools during the year. Twenty-five (25) scholarships were for $3,000 each to one veterinary student from each participating school in the nation and one scholarship was for $15,000 for the national winner. Along with the scholarship awards, plaques were given to recipients.$95,820-
Sponsored 15 continuing education meetings for state, national, and local veterinary education.$49,320-
Sponsored 6 different speakers at 14 different continuing education events. Along with information on valuing and marketing a practice, several were on the business of veterinary medicine in general.$38,816-
Organization is continuing to work with several institutions to set up a scholarship fund.--
Organization has successfully completed a professional book titled Your Veterinary Practice-Buying, Selling and Merging. The book is to educate the public on the business of veterinary medicine, especially buying or selling a practice.--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sue WisemanDVM-SA IntermountTrustee,TreasPT$8,600-$8,600
Dave Gerber DVM-SA NorthwestTrustee, PresPT$0--
David King DVM-SA SouthcentrTrustee, SecrPT$0--
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Simmons SouthcentralCommon MgmtTrustee Fees/SvcsNo$6,900
Dave Gerber DVMCommon MgmtTrustee Fees/SvcsNo$3,900
Filing and Contact Details

Filer

Filer Name
Simmons & Associates Educational Fd Inc
EIN
03-0490907
Phone
7195977648
Address
3907 Sylvan Way, Colorado Springs, CO 80917

Signing Officer

Name
Sue Wiseman
Title
Treasurer
Signed
2019-12-04
Discuss with paid preparer
Yes

Preparer

Firm
Barrs Coiner & Lumpkin LLC
Address
3947 Darien Hwy, Brunswick, GA 31525
Preparer
W James Barrs Jr CPA
Phone
9122670211
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: Sara Beth Dodson-National Scholarship | Cash Amount Given: $15000”

Other Expenses.1002

“Office Expenses $558”

Other Expenses.1

“Sponsorships $43500”

Other Expenses.2

“Speakers $32996”

Other Expenses.3

“Scholarships & Awards Expense $5302”

Raw XML Appendix135 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/PersonNm0Sue L Wiseman
IRS990EZ/BooksInCareOfDetail/PhoneNum07195977648
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03907 Sylvan Way
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Colorado Springs
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd080917
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0280122
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0235308
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0144365
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-44814
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt014695
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0280122
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0235308
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt090000
IRS990EZ/GrossReceiptsAmt0150837
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt03509
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0280122
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0235308
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0280122
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0235308
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt28600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Dave Gerber DVM-SA Northwest
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1David King DVM-SA Southcentr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Sue WisemanDVM-SA Intermount
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee, Pres
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee, Secr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee,Treas
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt082356
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide continuing education opportunities for veterinarians who are nearing retirement age or who are otherwise exiting their practices.
IRS990EZ/ProgramServiceRevenueAmt02963
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Sponsored 6 different speakers at 14 different continuing education events. Along with information on valuing and marketing a practice, several were on the business of veterinary medicine in general.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Sponsored 15 continuing education meetings for state, national, and local veterinary education.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Organization is continuing to work with several institutions to set up a scholarship fund.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Sponsored and awarded 26 scholarships to 25 different veterinary schools during the year. Twenty-five (25) scholarships were for $3,000 each to one veterinary student from each participating school in the nation and one scholarship was for $15,000 for the national winner. Along with the scholarship awards, plaques were given to recipients.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt4Organization has successfully completed a professional book titled Your Veterinary Practice-Buying, Selling and Merging. The book is to educate the public on the business of veterinary medicine, especially buying or selling a practice.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt038816
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt149320
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt295820
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08600
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0195651
IRS990EZ/TotalProgramServiceExpensesAmt0183956
IRS990EZ/TotalRevenueAmt0150837
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.simmonsedfund.org/index.html
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Dave Gerber DVM
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Simmons Southcentral
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Common Mgmt
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Common Mgmt
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt03900
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt16900
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Trustee Fees/Svcs
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Trustee Fees/Svcs
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Dave Gerber, Trustee and Wide Dog, Inc.The organization paid Wide Dog, Inc. $6,500 ($6,000 trustee fees, $500 scholarship judging and expenses).David King, Trustee and Simmons SouthcentralThe organization paid Simmons Southcentral $10,640 ($6,000 trustee fees and $4,640 speaking, scholarship judging and expenses).
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Sara Beth Dodson-National Scholarship | Cash Amount Given: $15000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Sponsorships $43500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Speakers $32996
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Scholarships & Awards Expense $5302
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Sue Wiseman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Simmons & Associates Educational Fd Inc
ReturnHeader/Filer/BusinessNameControlTxt0SIMM
ReturnHeader/Filer/EIN0030490907
ReturnHeader/Filer/PhoneNum07195977648
ReturnHeader/Filer/USAddress/AddressLine1Txt03907 Sylvan Way
ReturnHeader/Filer/USAddress/CityNm0Colorado Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080917
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582144839
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARRS COINER & LUMPKIN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03947 Darien Hwy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brunswick
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd031525
ReturnHeader/PreparerPersonGrp/PhoneNum09122670211
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0W James Barrs Jr CPA
ReturnHeader/ReturnTs02019-12-04T06:02:34-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-11-01
ReturnHeader/TaxPeriodEndDt02019-10-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$235,308
Liabilities
$0
Net assets
$235,308
Revenue
$150,837
Expenses
$195,651
Net income
-$44,814
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.86$0.00$3.86$1.69$2.05$0.35
2024Detailed filing. Detailed filing data is available for this year.$4.21$0.00$4.21$1.29$1.69$0.41
2023Detailed filing. Detailed filing data is available for this year.$4.62$0.00$4.62$2.00$1.33$0.67
2022Detailed filing. Detailed filing data is available for this year.$3.95$0.00$3.95$1.51$1.01$0.50
2021Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$2.01$0.99$1.02
2020Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$0.95$0.87$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$1.51$1.96$0.45
2018Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$1.70$2.24$0.55
2017Summary only. Only limited summary data is available for this year.$3.35$0.00$3.35$2.06$2.31$0.25
2016Summary only. Only limited summary data is available for this year.$3.60$0.00$1.71$2.88$1.18
2015Summary only. Only limited summary data is available for this year.$4.77$0.00$4.77$2.61$2.83$0.22
2014Summary only. Only limited summary data is available for this year.$4.99$0.00$4.99$2.75$2.58$0.17
2013Summary only. Only limited summary data is available for this year.$4.82$0.00$4.82$3.91$2.51$1.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$0.00$3.42$2.37
2011Summary only. Only limited summary data is available for this year.$3.37$0.00$1.77$2.69$0.92
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)6 • <$500k nonprofits