Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
VIC Davis Construction Inc Employee Benefits Association Trust
990EZ • Fiscal year 2020 • EIN 26-2597913
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
95th percentile
Higher net margin than 95% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Balance Sheet
Assets
Up$16,889
Up $16,321 (+2873%) from 2019
Net Assets
Up$16,889
Up $16,321 (+2873%) from 2019
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$20,736
No earlier filing loaded for comparison.
Expenses
Up$4,415
Up $1,125 (+34%) from 2019
Net Income
$16,321
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Sep 1, 2019 to Aug 31, 2020
- Signed
- Jul 13, 2021
- Return Version
- 2019v5.0
- Gross Receipts
- $20,736
Mission and Program Overview
Mission
This veba trust was created for the purpose of providing funds to its participants for the payment of health, medical, hospital, surgical, dental, or vision care expenses, including insurance premiums, deductible amounts or co-payments.
This veba trust was created for the purpose of providing funds to its participants for the payment of healh, medical, hospital, surgical, dental or vision care expenses, including insurance premiums, deductible amounts or co-payments.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| VEBA TRUST CREATED FOR HEALTHCARE EXPENSES | - | $4,390 |
| THIS VEBA TRUST WAS CREATED FOR THE PURPOSE OF PROVIDING FUNDS TO ITS PARTICIPANTS FOR THE PAYMENT OF HEALTH, MEDICAL, HOSPITAL, SURGICAL, DENTAL OR VISION CARE EXPENSES, INCLUDING INSURANCE PREMIUMS, DEDUCTIBLE AMOUNTS OR CO-PAYMENTS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| D VIC DAVIS | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Vic Davis Construction Inc
- EIN
- 26-2597913
- Phone
- 4232467281
- Address
- 1300 JAN WAY, KINGSPORT, TN 37660
Signing Officer
- Name
- D Vic Davis
- Title
- President
- Phone
- 4232467281
- Signed
- 2021-07-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Livesay Tax & Business Advisors Pc
- Address
- PO BOX 400, PENNINGTON GAP, VA 24277
- Preparer
- Lyndon B Livesay
- Phone
- 2765463957
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office 25 total 25”
Form 990-ez, Part III
“This veba trust was created for the purpose of providing funds to its participants for the payment of healh, medical, hospital, surgical, dental or vision care expenses, including insurance premiums, deductible amounts or co-payments.”
Form 990-ez, Part III, Line 31
“This veba trust was created for the purpose of providing funds to its participants for the payment of health, medical, hospital, surgical, dental or vision care expenses, including insurance premiums, deductible amounts or co-payments.”
Raw XML Appendix89 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 4390 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | VIC DAVIS CONSTRUCTION INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4232467281 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1300 JAN WAY |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | KINGSPORT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 37660 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 568 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 16889 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 16321 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 568 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 16889 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20736 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 20736 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 568 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 16889 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 568 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 16889 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | D VIC DAVIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 25 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THIS VEBA TRUST WAS CREATED FOR THE PURPOSE OF PROVIDING FUNDS TO ITS PARTICIPANTS FOR THE PAYMENT OF HEALH, MEDICAL, HOSPITAL, SURGICAL, DENTAL OR VISION CARE EXPENSES, INCLUDING INSURANCE PREMIUMS, DEDUCTIBLE AMOUNTS OR CO-PAYMENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | VEBA TRUST CREATED FOR HEALTHCARE EXPENSES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | THIS VEBA TRUST WAS CREATED FOR THE PURPOSE OF PROVIDING FUNDS TO ITS PARTICIPANTS FOR THE PAYMENT OF HEALTH, MEDICAL, HOSPITAL, SURGICAL, DENTAL OR VISION CARE EXPENSES, INCLUDING INSURANCE PREMIUMS, DEDUCTIBLE AMOUNTS OR CO-PAYMENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 4390 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 4415 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 4390 |
| IRS990EZ/TotalRevenueAmt | 0 | 20736 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE 25 TOTAL 25 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THIS VEBA TRUST WAS CREATED FOR THE PURPOSE OF PROVIDING FUNDS TO ITS PARTICIPANTS FOR THE PAYMENT OF HEALH, MEDICAL, HOSPITAL, SURGICAL, DENTAL OR VISION CARE EXPENSES, INCLUDING INSURANCE PREMIUMS, DEDUCTIBLE AMOUNTS OR CO-PAYMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THIS VEBA TRUST WAS CREATED FOR THE PURPOSE OF PROVIDING FUNDS TO ITS PARTICIPANTS FOR THE PAYMENT OF HEALTH, MEDICAL, HOSPITAL, SURGICAL, DENTAL OR VISION CARE EXPENSES, INCLUDING INSURANCE PREMIUMS, DEDUCTIBLE AMOUNTS OR CO-PAYMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III, LINE 31 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | VIC DAVIS CONSTRUCTION INC. CHANGED TAX PREPARERS DURING 2020 AND THIS EMPLOYEE BENEFIT TRUST WAS OVERLOOKED AND NOT DISCLOSED TO THE CURRENT ACCOUNTING FIRM WHO TOOK OVER THE TAX PREPARATION. IT ONLY CAME TO OUR ATTENTION WHEN WE RECEIVED IRS NOTICE ALERTING US THAT THE 8/31/2020 YEAR END FORM 990EZ HAD NOT BEEN FILED. WE REQUEST THAT ALL LATE FILING PENALTIES BE ABATED DUE TO THE ABOVE CAUSE. |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | D VIC DAVIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4232467281 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-07-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VIC DAVIS CONSTRUCTION INC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | VOLUNTARY EMPLOYEE BENEFITS ASSOC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VICD |
| ReturnHeader/Filer/EIN | 0 | 262597913 |
| ReturnHeader/Filer/PhoneNum | 0 | 4232467281 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1300 JAN WAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KINGSPORT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 37660 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 261561731 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LIVESAY TAX & BUSINESS ADVISORS PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PENNINGTON GAP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 24277 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2765463957 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-07-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LYNDON B LIVESAY |
| ReturnHeader/ReturnTs | 0 | 2021-07-23T13:51:22-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-09-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-08-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $16,889
- Liabilities
- -
- Net assets
- $16,889
- Revenue
- $20,736
- Expenses
- $4,415
- Net income
- $16,321