Civic Intelligence

Proverbs2717 Inc.

990EZ • Fiscal year 2018 • EIN 20-4885548

Jan 01, 2018 to Dec 31, 2018 • 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

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

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

Net Margin

35th percentile

-2.1%

Higher net margin than 35% of similar nonprofits.

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

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.

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

Asset Growth

16th percentile

-29%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

56th percentile

4.8%

Faster revenue growth than 56% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$27,291

Down $11,297 (-29%) from 2017

Net Assets

Down

$26,291

Down $2,447 (-8.5%) from 2017

Liabilities

Down

$1,000

Down $8,850 (-90%) from 2017

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin35th percentile

Revenue

Up

$117,700

Up $5,425 (+4.8%) from 2017

Expenses

Up

$120,147

Up $791 (+0.7%) from 2017

Net Income

Up

-$2,447

Up $4,634 (+65%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2018

Assets$27,291
Liabilities$1,000
Net Assets$26,291
Open 2018 Filing

Operations Trend

Revenue Growth56th 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

2018

Revenue$117,700
Expenses$120,147
Net Income-$2,447
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 21, 2020
Return Version
2018v3.2
Gross Receipts
$117,700
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.-$120,147
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 3,700 total 3,700”

Form 990-ez, Part I, Line 16

“Expenses 28,258 22,282 merchant fees 3,052 seminars 13,360 professional & related 566 other 313 total 67,831”

Form 990-ez, Part I, Line 20

“INVESTMENTS 0”

Form 990-ez, Part II, Line 24

“Accounts receivable 8,150 0 total 8,150 0”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 9,850 1,000”

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 Appendix143 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/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/BOYAmt030438
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027291
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0275
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2447
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt052220
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt038588
IRS990EZ/Form990TotalAssetsGrp/EOYAmt027291
IRS990EZ/GrossReceiptsAmt0117700
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0113725
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt028738
IRS990EZ/NetAssetsOrFundBalancesEOYAmt026291
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt028738
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt026291
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/BOYAmt08150
IRS990EZ/OtherExpensesTotalAmt067831
IRS990EZ/OtherRevenueTotalAmt03700
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/PrintingPublicationsPostageAmt096
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO INSTRUCT, EDUCATE AND PREPARE MEMBERS IN A CHRISTIAN APPROACH TO HANDLING DAILY PROBLEMS THROUGH MONTHLY MEETINGS OF BUSINESS LEADERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0120147
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt09850
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0120147
IRS990EZ/TotalProgramServiceExpensesAmt0120147
IRS990EZ/TotalRevenueAmt0117700
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.IRONSHARPENSIRON.NET
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0275
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt09550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt024600
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0229175
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt024600
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0275
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt09550
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt024600
IRS990ScheduleA/TotalSupportAmt024600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ISI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SEMINAR REVENUE 3,700 TOTAL 3,700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES 28,258 22,282 MERCHANT FEES 3,052 SEMINARS 13,360 PROFESSIONAL & RELATED 566 OTHER 313 TOTAL 67,831
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INVESTMENTS 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS RECEIVABLE 8,150 0 TOTAL 8,150 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCOUNTS PAYABLE AND ACCRUED EXPENSES 9,850 1,000
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/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL E TOWNSEND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06784744601
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROVERBS2717 INC
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ReturnHeader/Filer/EIN0204885548
ReturnHeader/Filer/PhoneNum06784744601
ReturnHeader/Filer/USAddress/AddressLine1Txt02170 SATELLITE BLVD SUITE 175
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.14.2.78
ReturnHeader/FilingSecurityInformation/IPDt02020-04-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:11:47
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/ReturnTs02020-04-21T13:11:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,291
Liabilities
$1,000
Net assets
$26,291
Revenue
$117,700
Expenses
$120,147
Net income
-$2,447
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