Civic Intelligence

Great Prospects Inc.

990 • Fiscal year 2018 • EIN 20-3500757

Jan 01, 2018 to Dec 31, 2018 • Filed on May 01, 2019

1425 Market BlvdRoswell, GA 30076

(404) 290-3406

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

77th percentile

$1,700

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

-9.7%

Faster revenue growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$170,612

Up $17,325 (+11%) from 2017

Net Assets

Up

$169,010

Up $15,723 (+10%) from 2017

Liabilities

Up

$1,602

Up $1,602 from 2017

Revenue

Down

$200,535

Down $21,602 (-9.7%) from 2017

Expenses

Down

$142,036

Down $7,169 (-4.8%) from 2017

Net Income

Down

$58,499

Down $14,433 (-20%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $6,689Liabilities 2010: $1,2202010Assets 2011: $2,237Liabilities 2011: $1,666Net Assets 2011: $5712011Assets 2012: $10,630Liabilities 2012: $423Net Assets 2012: $10,2072012Assets 2013: $23,695Liabilities 2013: $1,1872013Assets 2014: $38,691Liabilities 2014: $9462014Assets 2015: $29,157Liabilities 2015: $02015Assets 2016: $80,355Net Assets 2016: $80,3552016Assets 2017: $153,287Liabilities 2017: $0Net Assets 2017: $153,2872017Assets 2018: $170,612Liabilities 2018: $1,602Net Assets 2018: $169,0102018Assets 2019: $204,636Liabilities 2019: $5,088Net Assets 2019: $199,5482019Assets 2020: $253,816Liabilities 2020: $3,694Net Assets 2020: $250,1222020Assets 2021: $325,981Liabilities 2021: $3,312Net Assets 2021: $322,6692021Assets 2022: $105,760Liabilities 2022: $0Net Assets 2022: $105,7602022Assets 2023: $82,879Liabilities 2023: $2,821Net Assets 2023: $80,0582023Assets 2024: $111,737Liabilities 2024: $0Net Assets 2024: $111,7372024Assets 2025: $1,495,653Liabilities 2025: $2,950Net Assets 2025: $1,492,7032025

Highlighted filing

2018

Assets$170,612
Liabilities$1,602
Net Assets$169,010

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $54,814Expenses 2010: $50,469Net Income 2010: $4,3452010Revenue 2011: $65,808Expenses 2011: $70,706Net Income 2011: -$4,8982011Revenue 2012: $115,726Expenses 2012: $106,090Net Income 2012: $9,6362012Revenue 2013: $119,561Expenses 2013: $107,179Net Income 2013: $12,3822013Revenue 2014: $141,514Expenses 2014: $126,277Net Income 2014: $15,2372014Revenue 2015: $132,643Expenses 2015: $124,196Net Income 2015: $8,4472015Revenue 2016: $167,585Expenses 2016: $116,387Net Income 2016: $51,1982016Revenue 2017: $222,137Expenses 2017: $149,205Net Income 2017: $72,9322017Revenue 2018: $200,535Expenses 2018: $142,036Net Income 2018: $58,4992018Revenue 2019: $218,470Expenses 2019: $185,076Net Income 2019: $33,3942019Revenue 2020: $196,878Expenses 2020: $158,258Net Income 2020: $38,6202020Revenue 2021: $259,584Expenses 2021: $187,037Net Income 2021: $72,5472021Revenue 2022: $397,735Expenses 2022: $291,975Net Income 2022: $105,7602022Revenue 2023: $403,306Expenses 2023: $323,248Net Income 2023: $80,0582023Revenue 2024: $374,702Expenses 2024: $343,023Net Income 2024: $31,6792024Revenue 2025: $571,026Expenses 2025: $321,884Net Income 2025: $249,1422025

Highlighted filing

2018

Revenue$200,535
Expenses$142,036
Net Income$58,499
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 1, 2019
Return Version
2018v3.1
Gross Receipts
$201,792
Mission and Program Overview

Mission

To provide meaningful connections for individuals with disabilities through continued personal development enrichment, social interaction, community outreach and challenging recreational programs.

The primary purpose is to provide continuing educational programs, social interaction and recreational activities to young adults with developmental disabilities in a safe environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$153,287$169,010▲ $15,723
Savings and Temporary Cash Investments-$147,186-
Land, Buildings, and Equipment, Net$20,177$11,875▼ $8,302
Cash and Non-Interest-Bearing Accounts$133,110$11,551▼ $121,559
Total Assets$153,287$170,612▲ $17,325
Liabilities
Unsecured Notes Loans Payable-$1,602-
Total Liabilities$0$1,602▲ $1,602
Net Assets / Fund Balance
Total Net Assets Fund Balance$153,287$169,010▲ $15,723
Total Liabilities and Net Assets / Fund Balance$153,287$170,612▲ $17,325

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,875$12,865-
Compensation and Service Providers

Employees

NameTitleBaseTotal
Michelle JericevichDirector$1,700$1,700

Board Members and Trustees

NameTitle
Kurtis PowellChairman
Charles GabrielDirector
Jodi KavanaughDirector
Marc GendellDirector
Thomas ButlerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$21,639
Program Service Revenue
$170,746
Investment Income
$178
Other Revenue
$7,972
All Other Contributions
$21,639
Change in Net Assets
$58,499
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$106,481
Other Expenses$35,555
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$70,592$28,539$0$99,131
Other Expenses$15,437$0$0$15,437
Depreciation Depletion$7,917$0$0$7,917
Payroll Taxes$5,234$2,116$0$7,350
Insurance$6,958$0$0$6,958
Advertising$1,745$0$0$1,745
Fees for Services Accounting$0$1,503$0$1,503
Occupancy$0$1,098$0$1,098
Office Expenses$0$670$0$670
Fees for Services Other$227$0$0$227
Total Functional Expenses$108,110$33,926$0$142,036
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,229
Fundraising Direct Expenses$1,257
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Great Prospects Inc
EIN
20-3500757
Phone
4042903406
Address
1425 Market Blvd, Roswell, GA 30076

Signing Officer

Name
Kurt Powell
Title
Chairman
Phone
4042903406
Signed
2019-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kurt Powell
Formed
2008
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
10

Preparer

Firm
Fredric M Cohen PC
Address
600 Houze Way C-4, Roswell, GA 30076
Preparer
Fredric M Cohen
Phone
7706459882
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Kurtis Powell and Michelle Jericevich are related by marriage

Pt VI, Line 11B

Form 990 is emailed to directors for their review

Pt VI, Line 15A

All salaries approved by board of directors

Pt VI, Line 15B

All salaries approved by board of directors

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All salaries approved by board of directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All salaries approved by board of directors
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IRS990/TotalProgramServiceRevenueAmt0170746
IRS990/TotalReportableCompFromOrgAmt01700
IRS990/TotalRevenueGrp/ExclusionAmt08150
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0170746
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0200535
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0153287
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0170612
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01602
IRS990/USAddress/AddressLine1Txt01425 Market Blvd
IRS990/USAddress/CityNm0Roswell
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030076
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0http://www.greatprospectsinc.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kurt Powell
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/PhoneNum04042903406
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Great Prospects Inc
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0203500757
ReturnHeader/Filer/PhoneNum04042903406
ReturnHeader/Filer/USAddress/AddressLine1Txt01425 Market Blvd
ReturnHeader/Filer/USAddress/CityNm0Roswell
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030076
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C4936F97EF50045A2BD568F3720CC23EF6B841C7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C4936F97EF50045A2BD568F3720CC23EF6B841C7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.158.248.109
ReturnHeader/FilingSecurityInformation/IPDt02019-05-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm010:09:59
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fredric M Cohen PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 Houze Way C-4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Roswell
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030076
ReturnHeader/PreparerPersonGrp/PhoneNum07706459882
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Fredric M Cohen
ReturnHeader/ReturnTs02019-05-13T10:10:05-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.49$0.57$0.32$0.25
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.11$0.37$0.34$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.40$0.32$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.11$0.40$0.29$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.00$0.32$0.26$0.19$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.00$0.25$0.20$0.16$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.01$0.20$0.22$0.19$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.20$0.14$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.22$0.15$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.08$0.17$0.12$0.05
2015Summary only. Only limited summary data is available for this year.$0.03$0.00$0.13$0.12$0.01
2014Summary only. Only limited summary data is available for this year.$0.04$0.00$0.14$0.13$0.02
2013Summary only. Only limited summary data is available for this year.$0.02$0.00$0.12$0.11$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.12$0.11$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.07$0.07$0.00
2010Summary only. Only limited summary data is available for this year.$0.01$0.00$0.05$0.05$0.00