Civic Intelligence

The Victory Project LLC

990 • Fiscal year 2018 • EIN 26-2243366

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 23, 2019

409 Troy StDayton, OH 45404-1832

(937) 224-0880

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$774,819

Up $160,993 (+26%) from 2017

Net Assets

Up

$736,728

Up $137,469 (+23%) from 2017

Liabilities

Up

$38,091

Up $23,524 (+161%) from 2017

Revenue And Expenses

Revenue

Up

$734,889

Up $269,751 (+58%) from 2017

Expenses

Up

$597,420

Up $147,428 (+33%) from 2017

Net Income

Up

$137,469

Up $122,323 (+808%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $12,089Liabilities 2012: $7,586Net Assets 2012: $4,5032012Assets 2013: $47,544Liabilities 2013: $12,299Net Assets 2013: $35,2452013Assets 2014: $572,882Liabilities 2014: $127,129Net Assets 2014: $445,7532014Assets 2015: $549,134Liabilities 2015: $97,636Net Assets 2015: $451,4982015Assets 2016: $595,578Liabilities 2016: $11,465Net Assets 2016: $584,1132016Assets 2017: $613,826Liabilities 2017: $14,567Net Assets 2017: $599,2592017Assets 2018: $774,819Liabilities 2018: $38,091Net Assets 2018: $736,7282018Assets 2019: $731,402Liabilities 2019: $28,398Net Assets 2019: $703,0042019Assets 2020: $869,034Liabilities 2020: $74,596Net Assets 2020: $794,4382020Assets 2021: $1,236,238Liabilities 2021: $18,871Net Assets 2021: $1,217,3672021Assets 2022: $1,606,715Liabilities 2022: $21,778Net Assets 2022: $1,584,9372022Assets 2023: $2,645,437Liabilities 2023: $390,003Net Assets 2023: $2,255,4342023Assets 2024: $3,475,032Liabilities 2024: $264,568Net Assets 2024: $3,210,4642024

Highlighted filing

2018

Assets$774,819
Liabilities$38,091
Net Assets$736,728

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $125,131Expenses 2012: $132,247Net Income 2012: -$7,1162012Revenue 2013: $145,753Expenses 2013: $180,841Net Income 2013: -$35,0882013Revenue 2014: $310,731Expenses 2014: $258,106Net Income 2014: $52,6252014Revenue 2015: $379,786Expenses 2015: $311,716Net Income 2015: $68,0702015Revenue 2016: $442,044Expenses 2016: $337,925Net Income 2016: $104,1192016Revenue 2017: $465,138Expenses 2017: $449,992Net Income 2017: $15,1462017Revenue 2018: $734,889Expenses 2018: $597,420Net Income 2018: $137,4692018Revenue 2019: $651,524Expenses 2019: $685,248Net Income 2019: -$33,7242019Revenue 2020: $642,787Expenses 2020: $551,353Net Income 2020: $91,4342020Revenue 2021: $1,072,899Expenses 2021: $649,970Net Income 2021: $422,9292021Revenue 2022: $1,273,786Expenses 2022: $906,216Net Income 2022: $367,5702022Revenue 2023: $1,594,982Expenses 2023: $939,485Net Income 2023: $655,4972023Revenue 2024: $2,269,974Expenses 2024: $1,314,944Net Income 2024: $955,0302024

Highlighted filing

2018

Revenue$734,889
Expenses$597,420
Net Income$137,469
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 23, 2019
Return Version
2018v3.1
Gross Receipts
$738,077
Mission and Program Overview

Mission

Expose youth to the potential of a positive socio-economic standing through education, entrepreneurship, and enlightenment.

Empower youth to discover the life god intended by mastering self-awareness, self-sufficiency and selfless service; building an uncommon alliance with uncommon youth for uncommon results.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$534,832$567,583▲ $32,751
Cash and Non-Interest-Bearing Accounts$12,750$205,073▲ $192,323
Loans From Officers Directors$1,470$15,204▲ $13,734
Savings and Temporary Cash Investments$66,244$2,163▼ $64,081
Total Assets$613,826$774,819▲ $160,993
Liabilities
Accounts Payable and Accrued Expenses$13,097$22,887▲ $9,790
Total Liabilities$14,567$38,091▲ $23,524
Net Assets / Fund Balance
Unrestricted Net Assets$568,924$736,728▲ $167,804
Temporarily Rstr Net Assets$30,335$0▼ $30,335
Total Net Assets Fund Balance$599,259$736,728▲ $137,469
Total Liabilities and Net Assets / Fund Balance$613,826$774,819▲ $160,993

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$402,165$50,769$452,934
Land$87,210-$87,210
Other Land Buildings$46,590$27,575$74,165
Equipment$31,618$15,890$47,508
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Monnie BushExecutive DirectorFT$17,400$17,400
Kelly BushChief Financial OfficerFT$15,525$15,525

Board Members and Trustees

NameTitle
Marty KelchnerBoard President
Carl WolaverBoard Member
Dr Andy CampbellBoard Member
Joe PaulBoard Member
Joshua CrosleyBoard Secretary
Tom KopaczBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$615,442
Program Service Revenue
$106,272
Investment Income
$-2,688
Other Revenue
$15,863
All Other Contributions
$615,442
Change in Net Assets
$137,469

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles2$24,923Fair Market Value
Books and Publications-$220Fair Market Value
Total Noncash Contributions2$25,143-

Audited Revenue Reconciliation

Revenue per Audited Statements
$734,889
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$22,100
Total Revenue per Audited Statements
$756,989
Total Revenue per Form 990
$734,889
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$300,939
Salaries, Compensation, and Employee Benefits$296,481
Total Fundraising Expense$26,335
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$186,081$48,901$4,074$239,056
Occupancy$75,551$9,174$415$85,140
Depreciation Depletion$30,699$3,997-$34,696
Current Officers, Directors, Trustees, and Key Employees$26,340$5,597$988$32,925
Payroll Taxes$19,069$5,015$416$24,500
All Other Expenses$11,141$7,300-$18,441
Insurance$12,594$3,423-$16,017
Office Expenses$7,431$1,193$1,375$9,999
Other Expenses$4,696$3,131$17,864$7,827
Conferences and Meetings$7,004$411$206$7,621
Advertising$3,026$178$356$3,560
Interest$3,465--$3,465
Total Functional Expenses$481,482$89,603$26,335$597,420

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$619,520
Expenses per Audited Statements$597,420
Total Expenses per Form 990$597,420
Expenses Not Reported on Form 990$22,100
Expenses Not Reported on Financial Statements$0
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,470$15,204▲ $13,734
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the chief executive officer, chief financial officer and board prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members sign the conflict of interest policy annually at board meeting.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Victory Project
EIN
26-2243366
Phone
9372240880
Address
409 TROY ST, DAYTON, OH 45404-1832

Signing Officer

Name
Monnie Bush
Title
CEO
Phone
9372240880
Signed
2019-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Monnie Bush
Formed
2006
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
60
Volunteers
175

Preparer

Firm
Goldshot Lamb & Hobbs Inc
Address
3066 KETTERING BLVD, DAYTON, OH 45439
Preparer
Anthony a Colussi
Phone
9372973400
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IRS990/Desc0THE VICTORY PROJECT IS A PRIVATELY FUNDED AFTER-SCHOOL PROGRAM, MENTORING DISENGAGED YOUNG MEN IN OUR CITY WITH GROUNDBREAKING 3=E CURRICULUM: EDUCATION - WEEKLY, INDIVIDUALIZED TUTORING SESSIONS DAILY HOMEWORK ASSISTANCE (VOLUNTEERS PROVIDED OVER 3,600 HOURS OF INDIVIDUAL TUTORING). OUR STAFF AND VOLUNTEERS WORK CLOSELY WITH PARENTS AND TEACHERS TO DEVELOP A CONSISENT MESSAGE OF LOVE AND ACCOUNTABILITY BETWEEN SCHOOL, HOME, COMMUNITY AND VICTORY PROJECT. ENTREPRENEURSHIP - WE HAVE MICRO-BUSINESSES OPERATING AS VICTORY IMPROVEMENT PROJECTS LLC (VIP). VIP PROVIDES LANDSCAPING, WORK-SITE CLEANING, HAULING AND CONSTRUCTION SERVICES. OUR STUDENT-STAFF MEMBERS, ALONGSIDE THEIR BUSINESS MENTORS, OPERATE, EARN MONEY, LEARN PROPER WORK ETHICS, AND BUILD THEIR EMPLOYMENT HISTORY. ENLIGHTMENT - WE TEACH AND MODEL VARIOUS LIFE SKILLS THROUGH RECREATIONAL AND FAITH-BASED ACTIVITIES. WE HAVE REGULAR WORSHIP, BIBLE STUDY, AND PRAYER TIME. WE ENCOURAGE OUR STUDENTS TO ATTEND A LOCAL CHURCH EVERY SUNDAY. WE ALSO SHARE DINNER TOGETHER EVERY NIGHT OF THE WEEK (VOLUNTEERS PROVIDED APPROXIMATELY 11,000 MEALS TO OUR YOUNG MEN).
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IRS990/PYSalariesCompEmpBnftPaidAmt0181030
IRS990/PYTotalExpensesAmt0449992
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0465138
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0137469
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt015863
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0119447
IRS990/SavingsAndTempCashInvstGrp/BOYAmt066244
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02163
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0615442
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0361092
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0372022
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0281715
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0249419
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01879690
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015863
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt016200
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09100
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt041163
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0106272
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt093275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt060922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt088871
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt061312
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0410652
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt09200
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt09200
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015863
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016200
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt041163
IRS990ScheduleA/InvestmentIncomeCYPct00.01760
IRS990ScheduleA/InvestmentIncomePYPct00.01450
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98240
IRS990ScheduleA/PublicSupportPY509Pct00.98550
IRS990ScheduleA/PublicSupportTotal509Amt02299542
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0721714
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0454367
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0432944
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0379786
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0310731
IRS990ScheduleA/Total509Grp/TotalAmt02299542
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0737577
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0470567
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0442044
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0379786
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0310731
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02340705
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0402165
IRS990ScheduleD/BuildingsGrp/DepreciationAmt050769
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0452934
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt022100
IRS990ScheduleD/DonatedServicesUseFcltsAmt022100
IRS990ScheduleD/EquipmentGrp/BookValueAmt031618
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015890
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047508
IRS990ScheduleD/ExpensesNotReportedAmt022100
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0597420
IRS990ScheduleD/LandGrp/BookValueAmt087210
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt087210
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt046590
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027575
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt074165
IRS990ScheduleD/RevenueNotReportedAmt022100
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0734889
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0567583
IRS990ScheduleD/TotalExpensesPerForm990Amt0597420
IRS990ScheduleD/TotalRevenuePerForm990Amt0734889
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0756989
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0619520
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt015204
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0EQUIPMENT LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt030187
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MONNIE BUSH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CHIEF EXECUTIVE OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt015204
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/BooksAndPublicationsGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/BooksAndPublicationsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/BooksAndPublicationsGrp/NoncashContributionsRptF990Amt0220
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt02
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt024923
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER AND BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY AT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt030335
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0613826
IRS990/TotalAssetsEOYAmt0774819
IRS990/TotalAssetsGrp/BOYAmt0613826
IRS990/TotalAssetsGrp/EOYAmt0774819
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0615442
IRS990/TotalEmployeeCnt060
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026335
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt089603
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0481482
IRS990/TotalFunctionalExpensesGrp/TotalAmt0597420
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014567
IRS990/TotalLiabilitiesEOYAmt038091
IRS990/TotalLiabilitiesGrp/BOYAmt014567

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