Civic Intelligence

Virtual Ability Inc.

990EZ • Fiscal year 2021 • EIN 26-0613580

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 10, 2022

2220 So Fraser St 1Aurora, CO 80014

(303) 337-6804

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

2nd percentile

-807%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

91st percentile

$17,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 274.9% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

5th percentile

-69%

Faster asset growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-90%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$21,863

Down $49,365 (-69%) from 2020

Net Assets

Down

$21,863

Down $49,365 (-69%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$6,184

Down $55,924 (-90%) from 2020

Expenses

Up

$56,114

Up $39,906 (+246%) from 2020

Net Income

Down

-$49,930

Down $95,830 (-209%) from 2020

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2010: $35,916Net Assets 2010: $35,9162010Assets 2011: $30,140Net Assets 2011: $30,1402011Assets 2012: $21,683Net Assets 2012: $21,6832012Assets 2013: $20,316Net Assets 2013: $20,3162013Assets 2014: $7,563Liabilities 2014: $1,281Net Assets 2014: $6,2822014Assets 2015: $54,331Liabilities 2015: $2,541Net Assets 2015: $51,7902015Assets 2016: $57,674Net Assets 2016: $57,6742016Assets 2019: $25,328Net Assets 2019: $25,3282019Assets 2020: $71,228Net Assets 2020: $71,2282020Assets 2021: $21,863Net Assets 2021: $21,8632021Assets 2022: $27,733Net Assets 2022: $27,7332022Assets 2023: $28,898Net Assets 2023: $28,8982023Assets 2024: $36,376Net Assets 2024: $36,3762024

Highlighted filing

2021

Assets$21,863
Liabilities-
Net Assets$21,863

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $99,299Expenses 2010: $76,156Net Income 2010: $23,1432010Revenue 2011: $71,592Expenses 2011: $77,368Net Income 2011: -$5,7762011Revenue 2012: $17,238Expenses 2012: $26,988Net Income 2012: -$9,7502012Revenue 2013: $92,089Expenses 2013: $93,456Net Income 2013: -$1,3672013Revenue 2014: $249,044Expenses 2014: $263,348Net Income 2014: -$14,3042014Revenue 2015: $286,385Expenses 2015: $240,877Net Income 2015: $45,5082015Revenue 2016: $182,829Expenses 2016: $185,960Net Income 2016: -$3,1312016Revenue 2019: $62,677Expenses 2019: $59,513Net Income 2019: $3,1642019Revenue 2020: $62,108Expenses 2020: $16,208Net Income 2020: $45,9002020Revenue 2021: $6,184Expenses 2021: $56,114Net Income 2021: -$49,9302021Revenue 2022: $6,087Expenses 2022: $1,405Net Income 2022: $4,6822022Revenue 2023: $4,796Expenses 2023: $2,097Net Income 2023: $2,6992023Revenue 2024: $7,714Expenses 2024: $1,235Net Income 2024: $6,4792024

Highlighted filing

2021

Revenue$6,184
Expenses$56,114
Net Income-$49,930
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 10, 2022
Return Version
2021v4.1
Gross Receipts
$6,184
Mission and Program Overview

Mission

Enable people with disabilities

Program Services

DescriptionGrantsExpenses
Enable people with a wide range of disabilities by providing a supporting environment for them to enter andthrive in online virtual worlds$0$56,114
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alice KruegerPresidentPT$17,000-$17,000
David LudwigVice Pres.PT$0--
Dick DillonBoard MemberPT$0--
Marilyn R BurnsideTreasurer-$0--
John LesterBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Virtual Ability Inc
EIN
26-0613580
Phone
3033376804
Address
2220 So Fraser St 1, Aurora, CO 80014

Signing Officer

Name
Marilyn R Burnside
Title
Treasurer
Phone
3033376804
Signed
2022-08-10
Discuss with paid preparer
Yes

Preparer

Firm
Marilyn R Burnside LLC
Address
2220 S FRASER ST UNIT 1, AURORA, CO 80014
Preparer
Marilyn R Burnside
Phone
3033376804
Supplemental Narrative

Additional Explanations

Pt IV

Part IV; Line 11a - Computers, Software and Trademark

Pt VI, Line 11B

Board review of Form 990

Pt VI, Line 12C

Monitor Conflict of Interest Policy

Pt VI, Line 15A

Industry surveys and trends compared for reasonability

Pt VI, Line 15B

Industry surveys and trends compared for reasonabilitty

Form 990EZ, Part I, Line 16

Administrative 320.

Form 990EZ, Part I, Line 16

Bank and Pay Pal Charges 58.

Form 990EZ, Part I, Line 16

Insurance 2684.

Form 990EZ, Part I, Line 16

Software Service Fee for Islands 5346.

Form 990EZ, Part I, Line 16

Projects 3749.

Form 990EZ, Part I, Line 16

Depreciation 209.

Form 990EZ, Part I, Line 16

Amortization 32.

Raw XML Appendix187 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1David Ludwig
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4John Lester
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt012398
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01740
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IRS990ScheduleA/TotalSupportAmt010540
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part IV; Line 11a - Computers, Software and Trademark
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board review of Form 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Monitor Conflict of Interest Policy
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Industry surveys and trends compared for reasonability
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Industry surveys and trends compared for reasonabilitty
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Administrative 320.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank and Pay Pal Charges 58.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Insurance 2684.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Software Service Fee for Islands 5346.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Projects 3749.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Depreciation 209.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Amortization 32.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt IV
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Marilyn R Burnside
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03033376804
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-10
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ReturnHeader/Filer/EIN0260613580
ReturnHeader/Filer/PhoneNum03033376804
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Marilyn R Burnside
ReturnHeader/ReturnTs02022-08-10T13:43:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Marilyn
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Burnside
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings