Civic Intelligence

Proverbs2717 Inc.

990EZ • Fiscal year 2017 • EIN 20-4885548

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 21, 2020

Organization ProfileWWW.IRONSHARPENSIRON.NET
2170 Satellite Blvd Suite 175Duluth, GA 30097

(678) 474-4601

Siviq Scores

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

Liabilities / Assets

85th percentile

0.26x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

28th percentile

-6.3%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

7th percentile

-56%

Faster asset growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

62nd percentile

9.2%

Faster revenue growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$38,588

Down $48,981 (-56%) from 2016

Net Assets

$28,738

No earlier filing loaded for comparison.

Liabilities

Up

$9,850

Up $9,100 (+1213%) from 2016

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin28th percentile

Revenue

Up

$112,275

Up $9,475 (+9.2%) from 2016

Expenses

Up

$119,356

Up $23,191 (+24%) from 2016

Net Income

Down

-$7,081

Down $13,716 (-207%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$100K$50K$0Assets 2011: $81,283Liabilities 2011: $02011Assets 2012: $76,538Liabilities 2012: $1,5002012Assets 2013: $81,454Liabilities 2013: $8,3502013Assets 2014: $90,875Liabilities 2014: $1,2502014Assets 2015: $81,834Liabilities 2015: $1,6512015Assets 2016: $87,569Liabilities 2016: $7502016Assets 2017: $38,588Liabilities 2017: $9,850Net Assets 2017: $28,7382017Assets 2018: $27,291Liabilities 2018: $1,000Net Assets 2018: $26,2912018Assets 2019: $15,861Liabilities 2019: $6,975Net Assets 2019: $8,8862019Assets 2020: $29,379Liabilities 2020: $2,992Net Assets 2020: $26,3872020Assets 2021: $84,070Liabilities 2021: $27,600Net Assets 2021: $56,4702021Assets 2022: $59,301Liabilities 2022: $17,749Net Assets 2022: $41,5522022Assets 2023: $69,356Liabilities 2023: $12,253Net Assets 2023: $57,1032023Assets 2024: $50,372Liabilities 2024: $13,394Net Assets 2024: $36,9782024

Highlighted filing

2017

Assets$38,588
Liabilities$9,850
Net Assets$28,738
Open 2017 Filing

Operations Trend

Revenue Growth62nd percentile

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

$1.0M$500K$0-$500KRevenue 2011: $80,915Expenses 2011: $79,004Net Income 2011: $1,9112011Revenue 2012: $82,634Expenses 2012: $88,878Net Income 2012: -$6,2442012Revenue 2013: $91,972Expenses 2013: $93,906Net Income 2013: -$1,9342013Revenue 2014: $78,358Expenses 2014: $90,067Net Income 2014: -$11,7092014Revenue 2015: $108,500Expenses 2015: $117,942Net Income 2015: -$9,4422015Revenue 2016: $102,800Expenses 2016: $96,165Net Income 2016: $6,6352016Revenue 2017: $112,275Expenses 2017: $119,356Net Income 2017: -$7,0812017Revenue 2018: $117,700Expenses 2018: $120,147Net Income 2018: -$2,4472018Revenue 2019: $181,607Expenses 2019: $199,012Net Income 2019: -$17,4052019Revenue 2020: $269,176Expenses 2020: $251,675Net Income 2020: $17,5012020Revenue 2021: $380,294Expenses 2021: $350,211Net Income 2021: $30,0832021Revenue 2022: $513,092Expenses 2022: $528,010Net Income 2022: -$14,9182022Revenue 2023: $586,362Expenses 2023: $570,811Net Income 2023: $15,5512023Revenue 2024: $783,709Expenses 2024: $803,834Net Income 2024: -$20,1252024

Highlighted filing

2017

Revenue$112,275
Expenses$119,356
Net Income-$7,081
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 21, 2020
Return Version
2017v2.3
Gross Receipts
$112,275
Mission and Program Overview

Mission

To instruct, educate and prepare members in a christian approach to handling daily problems. In doing so, you shall make a statement to the community and bring honor and glory to god.

Program Services

DescriptionGrantsExpenses
TO INSTRUCT, EDUCATE AND PREPARE MEMBERS IN A CHRISTIAN APPROACH TO HANDLING DAILY PROBLEMS THROUGH MONTHLY MEETINGS OF BUSINESS LEADERS.-$119,356
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL E TOWNSENDTrustee-$0--
GARY SMITHTrustee-$0--
CASEY SANDERSTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Proverbs2717 Inc
EIN
20-4885548
Phone
6784744601
Address
2170 SATELLITE BLVD SUITE 175, DULUTH, GA 30097

Signing Officer

Name
Michael E Townsend
Title
Trustee
Phone
6784744601
Signed
2020-04-21
Discuss with paid preparer
Yes

Preparer

Firm
Mcmullan and Company Cpas
Address
2170 SATELLITE BLVD STE 175, DULUTH, GA 30097-6260
Preparer
Michael E Townsend
Phone
6784744600
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item C

“ISI”

Form 990-ez, Part I, Line 8

“Seminar revenue 1,800 total 1,800”

Form 990-ez, Part I, Line 16

“Expenses 18,417 merchant fees 2,523 total 20,940”

Form 990-ez, Part I, Line 20

“INVESTMENT LOSS -51,000”

Form 990-ez, Part II, Line 24

“Accounts receivable 6,800 8,150 total 6,800 8,150”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 750 9,850”

Form 990-ez, Part III

“To instruct, educate and prepare members in a christian approach to handling daily problems. In doing so, you shall make a statement to the community and bring honor and glory to god.”

Raw XML Appendix145 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/PersonNm0MICHAEL E TOWNSEND
IRS990EZ/BooksInCareOfDetail/PhoneNum06784744600
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02170 SATELLITE BOULEVARD SUITE 175
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DULUTH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030097
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt080769
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030438
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0525
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7081
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt098298
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt087569
IRS990EZ/Form990TotalAssetsGrp/EOYAmt038588
IRS990EZ/GrossReceiptsAmt0112275
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0109950
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt086819
IRS990EZ/NetAssetsOrFundBalancesEOYAmt028738
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt086819
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt028738
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL E TOWNSEND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GARY SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CASEY SANDERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06800
IRS990EZ/OtherAssetsTotalDetail/EOYAmt08150
IRS990EZ/OtherChangesInNetAssetsAmt0-51000
IRS990EZ/OtherExpensesTotalAmt020940
IRS990EZ/OtherRevenueTotalAmt01800
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO INSTRUCT, EDUCATE AND PREPARE MEMBERS IN A CHRISTIAN APPROACH TO HANDLING DAILY PROBLEMS. IN DOING SO, YOU SHALL MAKE A STATEMENT TO THE COMMUNITY AND BRING HONOR AND GLORY TO GOD.
IRS990EZ/PrintingPublicationsPostageAmt0118
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO INSTRUCT, EDUCATE AND PREPARE MEMBERS IN A CHRISTIAN APPROACH TO HANDLING DAILY PROBLEMS THROUGH MONTHLY MEETINGS OF BUSINESS LEADERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0119356
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0750
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt09850
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0119356
IRS990EZ/TotalProgramServiceExpensesAmt0119356
IRS990EZ/TotalRevenueAmt0112275
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.IRONSHARPENSIRON.NET
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt030050
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0111750
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt030050
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05725
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt030050
IRS990ScheduleA/TotalSupportAmt030050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ISI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SEMINAR REVENUE 1,800 TOTAL 1,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES 18,417 MERCHANT FEES 2,523 TOTAL 20,940
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INVESTMENT LOSS -51,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS RECEIVABLE 6,800 8,150 TOTAL 6,800 8,150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCOUNTS PAYABLE AND ACCRUED EXPENSES 750 9,850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TO INSTRUCT, EDUCATE AND PREPARE MEMBERS IN A CHRISTIAN APPROACH TO HANDLING DAILY PROBLEMS. IN DOING SO, YOU SHALL MAKE A STATEMENT TO THE COMMUNITY AND BRING HONOR AND GLORY TO GOD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL E TOWNSEND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06784744601
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROVERBS2717 INC
ReturnHeader/Filer/BusinessNameControlTxt0PROV
ReturnHeader/Filer/EIN0204885548
ReturnHeader/Filer/PhoneNum06784744601
ReturnHeader/Filer/USAddress/AddressLine1Txt02170 SATELLITE BLVD SUITE 175
ReturnHeader/Filer/USAddress/CityNm0DULUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030097
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00D0BE1B6CC69A55DB1A20B9BCF33D904884B054D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08622DED13F84C1FCF7DE025EC99E6586BBF75280
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.14.2.78
ReturnHeader/FilingSecurityInformation/IPDt02020-04-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:09:53
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581264232
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCMULLAN AND COMPANY CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02170 SATELLITE BLVD STE 175
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DULUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0300976260
ReturnHeader/PreparerPersonGrp/PhoneNum06784744600
ReturnHeader/PreparerPersonGrp/PreparationDt02020-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL E TOWNSEND
ReturnHeader/ReturnTs02020-04-21T13:09:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,588
Liabilities
$9,850
Net assets
$28,738
Revenue
$112,275
Expenses
$119,356
Net income
-$7,081
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.50$0.13$0.37$7.84$8.04$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.69$0.12$0.57$5.86$5.71$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.59$0.18$0.42$5.13$5.28$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.28$0.56$3.80$3.50$0.30
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.03$0.26$2.69$2.52$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.16$0.07$0.09$1.82$1.99$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$1.18$1.20$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.10$0.29$1.12$1.19$0.07
2016Summary only. Only limited summary data is available for this year.$0.88$0.01$1.03$0.96$0.07
2015Summary only. Only limited summary data is available for this year.$0.82$0.02$1.09$1.18$0.09
2014Summary only. Only limited summary data is available for this year.$0.91$0.01$0.78$0.90$0.12
2013Summary only. Only limited summary data is available for this year.$0.81$0.08$0.92$0.94$0.02
2012Summary only. Only limited summary data is available for this year.$0.77$0.02$0.83$0.89$0.06
2011Summary only. Only limited summary data is available for this year.$0.81$0.00$0.81$0.79$0.02