Civic Intelligence

Vcbc

990EZ • Fiscal year 2022 • EIN 20-2063973

Jan 01, 2022 to Dec 31, 2022 • Filed on May 13, 2023

Organization Profilewww.vcbconline.org
2625 Middlefield Rd 126Palo Alto, CA 94306-2516

(650) 477-0079

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.22x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

0.33x

Higher debt load relative to revenue than 88% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

86th percentile

29%

Higher net margin than 86% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$39,900

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 46.9% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

87th percentile

38%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

78th percentile

51%

Faster revenue growth than 78% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$124,827

Up $34,179 (+38%) from 2021

Net Assets

Up

$96,765

Up $24,492 (+34%) from 2021

Liabilities

Up

$28,062

Up $9,687 (+53%) from 2021

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin86th percentile

Revenue

Up

$85,135

Up $28,710 (+51%) from 2021

Expenses

Up

$60,643

Up $12,740 (+27%) from 2021

Net Income

Up

$24,492

Up $15,970 (+187%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$200K$150K$100K$50K$0Assets 2011: $53,376Liabilities 2011: $4,3322011Assets 2012: $77,389Liabilities 2012: $10,0652012Assets 2013: $89,563Liabilities 2013: $7,8592013Assets 2014: $109,847Liabilities 2014: $7,5312014Assets 2015: $119,567Liabilities 2015: $6,5912015Assets 2016: $98,095Liabilities 2016: $4,5002016Assets 2017: $114,100Liabilities 2017: $7,8382017Assets 2018: $112,531Liabilities 2018: $5,3202018Assets 2019: $136,242Liabilities 2019: $37,3672019Assets 2020: $103,351Liabilities 2020: $39,6002020Assets 2021: $90,648Liabilities 2021: $18,375Net Assets 2021: $72,2732021Assets 2022: $124,827Liabilities 2022: $28,062Net Assets 2022: $96,7652022Assets 2023: $170,611Liabilities 2023: $31,8642023

Highlighted filing

2022

Assets$124,827
Liabilities$28,062
Net Assets$96,765
Open 2022 Filing

Operations Trend

Revenue Growth78th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $65,824Expenses 2011: $69,450Net Income 2011: -$3,6262011Revenue 2012: $73,556Expenses 2012: $55,276Net Income 2012: $18,2802012Revenue 2013: $89,958Expenses 2013: $75,578Net Income 2013: $14,3802013Revenue 2014: $83,744Expenses 2014: $63,132Net Income 2014: $20,6122014Revenue 2015: $84,603Expenses 2015: $73,943Net Income 2015: $10,6602015Revenue 2016: $91,452Expenses 2016: $110,833Net Income 2016: -$19,3812016Revenue 2017: $124,203Expenses 2017: $111,516Net Income 2017: $12,6872017Revenue 2018: $92,438Expenses 2018: $91,489Net Income 2018: $9492018Revenue 2019: $108,103Expenses 2019: $116,439Net Income 2019: -$8,3362019Revenue 2020: $11,350Expenses 2020: $9,063Net Income 2020: $2,2872020Revenue 2021: $56,425Expenses 2021: $47,903Net Income 2021: $8,5222021Revenue 2022: $85,135Expenses 2022: $60,643Net Income 2022: $24,4922022Revenue 2023: $153,350Expenses 2023: $111,368Net Income 2023: $41,9822023

Highlighted filing

2022

Revenue$85,135
Expenses$60,643
Net Income$24,492
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 13, 2023
Return Version
2022v5.0
Gross Receipts
$85,135
Mission and Program Overview

Mission

Professional Business League

Program Services

DescriptionGrantsExpenses
Virtual and in-person member education and networking events for accounting & finance professionals in the venture capital industry. 11 events were held in 2022 of which 4 were in person. Topics included tax accounting legal fundraising cryto-related and company wind-downs$0$4,992
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sonya HannaSecretary-$39,900-$39,900
Rebecca LuciaChairperson-$0--
Avery CannonCFO-$0--
Louis CorsoDirector-$0--
Purvi ShahDirector-$0--
Michael AlbangDirector-$0--
Candace ChanDirector-$0--
Greg LyonDirector-$0--
Julia DayDirector-$0--
Christy LawrenceDirector-$0--
Filing and Contact Details

Filer

Filer Name
Vcbc
EIN
20-2063973
In Care Of
% Avery Cannon
Address
2625 MIDDLEFIELD RD 126, PALO ALTO, CA 94306-2516

Signing Officer

Name
Avery Cannon
Title
CFO
Signed
2023-05-13
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Member Events, $4992| Website, $5756| Charitable Donations, $1220| Insurance, $2258| Other, $5365|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Prepaid Expenses, $0, $9588|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Credit Card Payable, $0, $2088| Prepaid Membership Dues, $18375, $25974|”

Raw XML Appendix144 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/USAddress/AddressLine1Txt01035 Lancaster Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hillsborough
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt090648
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0190
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IRS990EZ/ExcessOrDeficitForYearAmt024492
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt039900
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IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/MembershipDuesAmt081600
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt096765
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt096765
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt239900
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Rebecca Lucia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Avery Cannon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Sonya Hanna
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Louis Corso
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Purvi Shah
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Michael Albang
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Candace Chan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Greg Lyon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Julia Day
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Christy Lawrence
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairperson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt09588
IRS990EZ/OtherExpensesTotalAmt019591
IRS990EZ/PrimaryExemptPurposeTxt0Professional Business League
IRS990EZ/PrintingPublicationsPostageAmt01152
IRS990EZ/ProgramServiceRevenueAmt03345
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Virtual and in-person member education and networking events for accounting & finance professionals in the venture capital industry. 11 events were held in 2022 of which 4 were in person. Topics included tax accounting legal fundraising cryto-related and company wind-downs
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04992
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt018375
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt028062
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt060643
IRS990EZ/TotalProgramServiceExpensesAmt04992
IRS990EZ/TotalRevenueAmt085135
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.vcbconline.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Member Events, $4992| Website, $5756| Charitable Donations, $1220| Insurance, $2258| Other, $5365|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| Prepaid Expenses, $0, $9588|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Credit Card Payable, $0, $2088| Prepaid Membership Dues, $18375, $25974|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Avery Cannon
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VCBC
ReturnHeader/Filer/BusinessNameControlTxt0VCBC
ReturnHeader/Filer/EIN0202063973
ReturnHeader/Filer/ForeignPhoneNum06504770079
ReturnHeader/Filer/InCareOfNm0% Avery Cannon
ReturnHeader/Filer/USAddress/AddressLine1Txt02625 MIDDLEFIELD RD 126
ReturnHeader/Filer/USAddress/CityNm0PALO ALTO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0943062516
ReturnHeader/ReturnTs02023-05-13T19:15:31-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
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
$124,827
Liabilities
$28,062
Net assets
$96,765
Revenue
$85,135
Expenses
$60,643
Net income
$24,492
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.71$0.32$1.53$1.11$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.28$0.97$0.85$0.61$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.18$0.72$0.56$0.48$0.09
2020Summary only. Only limited summary data is available for this year.$1.03$0.40$0.11$0.09$0.02
2019Summary only. Only limited summary data is available for this year.$1.36$0.37$1.08$1.16$0.08
2018Summary only. Only limited summary data is available for this year.$1.13$0.05$0.92$0.91$0.01
2017Summary only. Only limited summary data is available for this year.$1.14$0.08$1.24$1.12$0.13
2016Summary only. Only limited summary data is available for this year.$0.98$0.05$0.91$1.11$0.19
2015Summary only. Only limited summary data is available for this year.$1.20$0.07$0.85$0.74$0.11
2014Summary only. Only limited summary data is available for this year.$1.10$0.08$0.84$0.63$0.21
2013Summary only. Only limited summary data is available for this year.$0.90$0.08$0.90$0.76$0.14
2012Summary only. Only limited summary data is available for this year.$0.77$0.10$0.74$0.55$0.18
2011Summary only. Only limited summary data is available for this year.$0.53$0.04$0.66$0.69$0.04