Civic Intelligence

Lead Program in Business

990 • Fiscal year 2020 • EIN 23-2139831

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 29, 2021

1075 Peachtree St NEAtlanta, GA 30309

(404) 334-3474

Siviq Scores

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

Liabilities / Assets

97th percentile

1.76x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.50x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

24th percentile

-9.0%

Higher net margin than 24% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

96th percentile

$208,750

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 37.6% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

96th percentile

235%

Faster asset growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

18th percentile

-32%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$158,851

Up $111,455 (+235%) from 2019

Net Assets

Down

-$120,240

Down $49,920 (-71%) from 2019

Liabilities

Up

$279,091

Up $161,375 (+137%) from 2019

Revenue

Down

$555,326

Down $266,242 (-32%) from 2019

Expenses

Down

$605,246

Down $49,081 (-7.5%) from 2019

Net Income

Down

-$49,920

Down $217,161 (-130%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2010: $1,361,881Liabilities 2010: $367,156Net Assets 2010: $994,7252010Assets 2012: $86,302Liabilities 2012: $476,398Net Assets 2012: -$390,0962012Assets 2013: $14,445Liabilities 2013: $620,049Net Assets 2013: -$605,6042013Assets 2014: $69,387Liabilities 2014: $634,752Net Assets 2014: -$565,3652014Assets 2015: $52,640Liabilities 2015: $457,230Net Assets 2015: -$404,5902015Assets 2016: $52,640Liabilities 2016: $457,230Net Assets 2016: -$404,5902016Assets 2017: $104,587Liabilities 2017: $317,389Net Assets 2017: -$212,8022017Assets 2018: $75,718Liabilities 2018: $313,279Net Assets 2018: -$237,5612018Assets 2019: $47,396Liabilities 2019: $117,716Net Assets 2019: -$70,3202019Assets 2020: $158,851Liabilities 2020: $279,091Net Assets 2020: -$120,2402020Assets 2022: $827,633Liabilities 2022: $308,167Net Assets 2022: $519,4662022

Highlighted filing

2020

Assets$158,851
Liabilities$279,091
Net Assets-$120,240

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $2,512,398Expenses 2010: $2,283,537Net Income 2010: $228,8612010Revenue 2012: $2,461,506Expenses 2012: $0Net Income 2012: $2,461,5062012Revenue 2013: $1,866,795Expenses 2013: $1,596,180Net Income 2013: $270,6152013Revenue 2014: $1,636,003Expenses 2014: $1,011,987Net Income 2014: $624,0162014Revenue 2015: $1,342,032Expenses 2015: $870,614Net Income 2015: $471,4182015Revenue 2016: $1,342,032Expenses 2016: $870,614Net Income 2016: $471,4182016Revenue 2017: $543,281Expenses 2017: $467,533Net Income 2017: $75,7482017Revenue 2018: $746,557Expenses 2018: $643,323Net Income 2018: $103,2342018Revenue 2019: $821,568Expenses 2019: $654,327Net Income 2019: $167,2412019Revenue 2020: $555,326Expenses 2020: $605,246Net Income 2020: -$49,9202020Revenue 2022: $1,480,300Expenses 2022: $1,373,185Net Income 2022: $107,1152022

Highlighted filing

2020

Revenue$555,326
Expenses$605,246
Net Income-$49,920
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 29, 2021
Return Version
2020v4.1
Gross Receipts
$555,326
Mission and Program Overview

Mission

The mission is to address higher education access and career preparation by optimizing cross-sector collaborations and global partnerships that focus on identifiying and nurturing high potential youth of diverse backgrounds by developing them into high achievers and responsonsible leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,396$156,213▲ $108,817
Loans From Officers Directors$97,829$96,329▼ $1,500
Land, Buildings, and Equipment, Net$0$1,767▲ $1,767
Accounts Receivable-$871-
Total Assets$47,396$158,851▲ $111,455
Liabilities
Unsecured Notes Loans Payable-$150,000-
Accounts Payable and Accrued Expenses$19,887$32,762▲ $12,875
Total Liabilities$117,716$279,091▲ $161,375
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-70,320$-120,240▼ $49,920
Total Net Assets Fund Balance$-70,320$-120,240▼ $49,920
Total Liabilities and Net Assets / Fund Balance$47,396$158,851▲ $111,455

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,767$1,505$3,272
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lawrence M Drake IiPresident & CEOFT$208,750$208,750
Lawrence M Drake Ii--$208,750$208,750
Michele PickettKey EmployeePT$36,660$36,660

Board Members and Trustees

NameTitle
Milton IrvineBoard Chairman
James PickettBoard Member
Julie StaggsBoard Member
Maxine ColemanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$198,557
Program Service Revenue
$356,769
Investment Income
$0
Other Revenue
$0
All Other Contributions
$160,877
Change in Net Assets
$-49,920

Audited Revenue Reconciliation

Revenue per Audited Statements
$555,326
Total Revenue per Audited Statements
$555,326
Total Revenue per Form 990
$555,326
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$343,732
Salaries, Compensation, and Employee Benefits$261,514
Total Fundraising Expense$82,724
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$125,250$29,225$54,275$208,750
Fees for Services Other$12,375$90,692$0$103,067
All Other Expenses$0$46,672$4,734$51,406
Other Salaries and Wages$21,996$5,132$9,532$36,660
Conferences and Meetings$9,848$2,298$4,267$16,413
Payroll Taxes$8,169$1,906$3,540$13,615
Travel$5,335$1,245$2,312$8,892
Insurance$0$3,660$0$3,660
Other Expenses$1,937$452$839$3,228
Other Employee Benefits$1,492$349$648$2,489
Interest$0$2,234$0$2,234
Depreciation Depletion$0$233$0$233
Total Functional Expenses$337,036$185,486$82,724$605,246

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$605,246
Total Expenses per Audited Statements$605,246
Total Expenses per Form 990$605,246
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lawrence DrakeCEOUnpaid WagesNo$96,329

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$97,829$96,329▼ $1,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Lead Program in Business
EIN
23-2139831
Phone
4043343474
Address
1075 PEACHTREE ST NE, ATLANTA, GA 30309

Signing Officer

Name
Lawrence M Drake Ii
Title
Chief Executive Officer
Phone
4043343474
Signed
2021-07-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lawrence M Drake Ii
Formed
1983
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
4
Employees
5
Volunteers
2

Preparer

Firm
Artesian CPA LLC
Address
6403 S Datura St, Littleton, CO 80120
Preparer
Craig Denlinger
Phone
3038233220
Supplemental Narrative

Additional Explanations

Pt VI, Line 15B

Annual salary analysis for comparable jobs is used.

Pt VI, Line 15A

Annual salary analysis for comparable jobs is used.

Pt VI, Line 12C

Annual written disclosures required with monthly monitoring.

Pt VI, Line 11B

A draft is submitted for review before final reporting is made.

Raw XML AppendixShowing 400 of 438 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.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt03904363
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0555326
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0821568
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0746557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0543281
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01237631
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03904363
IRS990ScheduleA/TotalSupportAmt03904363
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01767
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01505
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03272
IRS990ScheduleD/ExpensesSubtotalAmt0605246
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/RevenueSubtotalAmt0555326
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01767
IRS990ScheduleD/TotalExpensesPerForm990Amt0605246
IRS990ScheduleD/TotalRevenuePerForm990Amt0555326
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0555326
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0605246
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0208750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LAWRENCE M DRAKE II
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0208750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0LAWRENCE DRAKE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CEO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt096329
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0UNPAID WAGES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt096329
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0192646
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LAWRENCE DRAKE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt096329
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANNUAL SALARY ANALYSIS FOR COMPARABLE JOBS IS USED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL SALARY ANALYSIS FOR COMPARABLE JOBS IS USED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL WRITTEN DISCLOSURES REQUIRED WITH MONTHLY MONITORING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT IS SUBMITTED FOR REVIEW BEFORE FINAL REPORTING IS MADE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt047396
IRS990/TotalAssetsEOYAmt0158851
IRS990/TotalAssetsGrp/BOYAmt047396
IRS990/TotalAssetsGrp/EOYAmt0158851
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0198557
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt082724
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0185486
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0337036
IRS990/TotalFunctionalExpensesGrp/TotalAmt0605246
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0117716
IRS990/TotalLiabilitiesEOYAmt0279091
IRS990/TotalLiabilitiesGrp/BOYAmt0117716
IRS990/TotalLiabilitiesGrp/EOYAmt0279091
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-70320
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-120240
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0337036
IRS990/TotalProgramServiceRevenueAmt0356769
IRS990/TotalReportableCompFromOrgAmt0245410
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0356769
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0555326
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt047396
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0158851
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt02312
IRS990/TravelGrp/ManagementAndGeneralAmt01245
IRS990/TravelGrp/ProgramServicesAmt05335
IRS990/TravelGrp/TotalAmt08892
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0150000
IRS990/USAddress/AddressLine1Txt01075 PEACHTREE NE
IRS990/USAddress/CityNm0ATLANTA

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