Civic Intelligence

Bob Prevatte Education Foundation Inc

990EZ • Fiscal year 2021 • EIN 16-1766252

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 31, 2022

Organization Profile
P O Box 2102Gaffney, SC 29342-2102

(864) 812-2295

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

91st percentile

62%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

55th percentile

9.2%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

15%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$410,675

Up $34,752 (+9.2%) from 2020

Net Assets

Up

$410,675

Up $34,752 (+9.2%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin91st percentile

Revenue

Up

$20,973

Up $2,772 (+15%) from 2020

Expenses

Up

$8,036

Up $3,555 (+79%) from 2020

Net Income

Down

$12,937

Down $783 (-5.7%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$600K$400K$200K$0Assets 2011: $159,109Liabilities 2011: $02011Assets 2012: $176,176Liabilities 2012: $0Net Assets 2012: $176,1762012Assets 2013: $204,148Liabilities 2013: $0Net Assets 2013: $204,1482013Assets 2014: $224,467Liabilities 2014: $0Net Assets 2014: $224,4672014Assets 2015: $248,764Liabilities 2015: $0Net Assets 2015: $248,7642015Assets 2016: $274,194Liabilities 2016: $0Net Assets 2016: $274,1942016Assets 2017: $311,026Liabilities 2017: $0Net Assets 2017: $311,0262017Assets 2018: $296,514Liabilities 2018: $0Net Assets 2018: $296,5142018Assets 2019: $344,892Liabilities 2019: $0Net Assets 2019: $344,8922019Assets 2020: $375,923Liabilities 2020: $0Net Assets 2020: $375,9232020Assets 2021: $410,675Liabilities 2021: $0Net Assets 2021: $410,6752021Assets 2022: $347,244Liabilities 2022: $0Net Assets 2022: $347,2442022Assets 2023: $387,788Liabilities 2023: $0Net Assets 2023: $387,7882023

Highlighted filing

2021

Assets$410,675
Liabilities$0
Net Assets$410,675
Open 2021 Filing

Operations Trend

Revenue Growth59th percentile

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

$60K$40K$20K$0Revenue 2011: $12,556Expenses 2011: $3,595Net Income 2011: $8,9612011Revenue 2012: $11,101Expenses 2012: $4,590Net Income 2012: $6,5112012Revenue 2013: $33,381Expenses 2013: $5,408Net Income 2013: $27,9732013Revenue 2014: $25,229Expenses 2014: $4,909Net Income 2014: $20,3202014Revenue 2015: $46,233Expenses 2015: $5,252Net Income 2015: $40,9812015Revenue 2016: $26,908Expenses 2016: $6,777Net Income 2016: $20,1312016Revenue 2017: $21,654Expenses 2017: $6,142Net Income 2017: $15,5122017Revenue 2018: $20,099Expenses 2018: $6,996Net Income 2018: $13,1032018Revenue 2019: $21,956Expenses 2019: $6,772Net Income 2019: $15,1842019Revenue 2020: $18,201Expenses 2020: $4,481Net Income 2020: $13,7202020Revenue 2021: $20,973Expenses 2021: $8,036Net Income 2021: $12,9372021Revenue 2022: $21,454Expenses 2022: $10,990Net Income 2022: $10,4642022Revenue 2023: $28,573Expenses 2023: $13,031Net Income 2023: $15,5422023

Highlighted filing

2021

Revenue$20,973
Expenses$8,036
Net Income$12,937
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 31, 2022
Return Version
2021v4.2
Gross Receipts
$20,973
Mission and Program Overview

Mission

Provide educational scholarships

Program Services

DescriptionGrantsExpenses
PROVIDE EDUCATIONAL SCHOLARSHIPS TO HIGH SCHOOL SENIORS--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE SPARKSPresidentPT$0--
MIKE SPEARMANTreasurer SecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Bob Prevatte Education Foundation
EIN
16-1766252
Address
P O Box 2102, Gaffney, SC 29342-2102

Signing Officer

Name
Mike Spearman
Title
Treasurer
Phone
8646491554
Signed
2022-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Bookkeeping & Tax Professionals LLC
Address
203 Overbrook Dr P O Box 673, Gaffney, SC 29341
Preparer
Tina M Mcswain Ea
Phone
8646491554
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity SCHOLARSHIPS Grantee STUDENTS Street GAFFNEY City, State, Zip Gaffney, SC 29341Relationship NONE Amount 4,500”

Description of other expenses Part I line 16

“Description AmountPO BOX RENT 100INVESTMENT MGMT FEES 3,289BANQUET FOR FUNDRAISER 43LICENSE RENEWAL 104”

Other changes in net assets or fund balances Part I line 20

“Description AmountSTOCK VALUE CHANGES ON ENDOWMENT AC 21,815INVESTMENTS AT RAYMOND JAMES INVESTMENTS, CHANGES VALUES BASED ON STOCK MARKET”

Raw XML Appendix147 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0MIKE SPEARMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum08648122295
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O Box 2102
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Gaffney
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0293422102
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0375923
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0410675
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03970
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012937
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0375923
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0410675
IRS990EZ/GrantsAndSimilarAmountsPaidAmt04500
IRS990EZ/GrossReceiptsAmt020973
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt017003
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0375923
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0410675
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0375923
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0410675
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt012.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt112.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVE SPARKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MIKE SPEARMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt021815
IRS990EZ/OtherExpensesTotalAmt03536
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE EDUCATIONAL SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE EDUCATIONAL SCHOLARSHIPS TO HIGH SCHOOL SENIORS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt08036
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt020973
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03970
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01920
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt09050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt09650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt030190
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt017003
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt016281
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt012906
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014499
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt012004
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt072693
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt017003
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016281
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt012906
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014499
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt012004
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt072693
IRS990ScheduleA/InvestmentIncomeCYPct00.71000
IRS990ScheduleA/InvestmentIncomePYPct00.62000
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.29340
IRS990ScheduleA/PublicSupportPY509Pct00.37930
IRS990ScheduleA/PublicSupportTotal509Amt030190
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03970
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01920
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09050
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt09650
IRS990ScheduleA/Total509Grp/TotalAmt030190
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt020973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt018201
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt021956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt020099
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt021654
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0102883
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity SCHOLARSHIPS Grantee STUDENTS Street GAFFNEY City, State, Zip Gaffney, SC 29341Relationship NONE Amount 4,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountPO BOX RENT 100INVESTMENT MGMT FEES 3,289BANQUET FOR FUNDRAISER 43LICENSE RENEWAL 104
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountSTOCK VALUE CHANGES ON ENDOWMENT AC 21,815INVESTMENTS AT RAYMOND JAMES INVESTMENTS, CHANGES VALUES BASED ON STOCK MARKET
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE SPEARMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08646491554
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOB PREVATTE EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BOBP
ReturnHeader/Filer/EIN0161766252
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 2102
ReturnHeader/Filer/USAddress/CityNm0Gaffney
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd0293422102
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464212457
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOOKKEEPING & TAX PROFESSIONALS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0203 Overbrook Dr P O Box 673
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gaffney
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029341
ReturnHeader/PreparerPersonGrp/PhoneNum08646491554
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TINA M MCSWAIN EA
ReturnHeader/ReturnTs02022-10-31T16:13:25-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MIKE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPEARMAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$410,675
Liabilities
$0
Net assets
$410,675
Revenue
$20,973
Expenses
$8,036
Net income
$12,937
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$3.88$0.00$3.88$0.29$0.13$0.16
2022Detailed filing. Detailed filing data is available for this year.$3.47$0.00$3.47$0.21$0.11$0.10
2021Detailed filing. Detailed filing data is available for this year.$4.11$0.00$4.11$0.21$0.08$0.13
2020Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$0.18$0.04$0.14
2019Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$0.22$0.07$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.97$0.00$2.97$0.20$0.07$0.13
2017Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$0.22$0.06$0.16
2016Detailed filing. Detailed filing data is available for this year.$2.74$0.00$2.74$0.27$0.07$0.20
2015Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$0.46$0.05$0.41
2014Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.25$0.05$0.20
2013Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$0.33$0.05$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.00$1.76$0.11$0.05$0.07
2011Summary only. Only limited summary data is available for this year.$1.59$0.00$0.13$0.04$0.09