Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Hocus Focus Inc.
990EZ • Fiscal year 2020 • EIN 27-2504010
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.50x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
53rd percentile
Higher net margin than 53% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 16.3% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
86th percentile
Faster revenue growth than 86% of similar nonprofits.
Balance Sheet
Assets
Down$72,229
Down $9,821 (-12%) from 2019
Net Assets
Up$36,243
Up $7,746 (+27%) from 2019
Liabilities
Down$35,986
Down $17,567 (-33%) from 2019
Revenue And Expenses
Revenue
Up$110,548
Up $32,044 (+41%) from 2019
Expenses
Down$102,802
Down $41,727 (-29%) from 2019
Net Income
Up$7,746
Up $73,771 (+112%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 9, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $110,548
Mission and Program Overview
Mission
To promote public awareness of learning disabilities and alternative education methods for children with learning disabilities to improve the overall quality of education for learning disabled students.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PROMOTE PUBLIC AWARENESS OF LEARNING DISABILITIES AND ALTERNATIVE EDUCATION METHODS FOR CHILDREN WITH LEARNING DISABILITIES TO IMPROVE THE OVERALL QUALITY OF EDUCATION FOR LEARNING DISABLED STUDENTS. | - | $102,802 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KEVIN SPENCER | President | FT | $18,068 | - | $18,068 |
| CYNTHIA SPENCER | Vice Preside | PT | $0 | - | - |
| KEITH BARBER | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Hocus Focus Inc
- EIN
- 27-2504010
- Phone
- 9177440559
- Address
- 3512 CLOVER HILL LANE, BENTON, AR 72015
Signing Officer
- Name
- Kevin Spencer
- Title
- President
- Phone
- 9177440559
- Signed
- 2021-11-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Grachan & Company Cpas
- Address
- 2003 GRAVES MILL RD STE A, FOREST, VA 24551-4551
- Preparer
- William R Grachan CPA
- Phone
- 4344553568
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising and promotion 900 bank charges 128 office expenses 239 personal property taxes 49 business services 2,885 travel 16,642 food 2,258 continuing education 17 conferences 153 interest 7,851 contributions 607 magic supplies for camps 6,525 grant related expenses 13,149 dues & subscriptions 1,760 non-investment depreciation 240 total 53,403”
Form 990-ez, Part II, Line 24
“Equipment 2,400 2,400 less accumulated depreciation 700 940 receivables due from officers 60,240 58,380 total 61,940 59,840”
Form 990-ez, Part II, Line 26
“Credit cards payable 48,454 35,986 payroll taxes payable 5,099 0”
Form 990-ez, Part III
“To promote public awareness of learning disabilities and alternative education methods for children with learning disabilities to improve the overall quality of education for learning disabled students.”
Raw XML Appendix157 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | KEVIN SPENCER |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | CYNTHIA SPENCER |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | KEITH BARBER |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KEVIN SPENCER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9177440559 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3513 CLOVER HILL LANE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BENTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72015 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 20110 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 12389 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 38179 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 7746 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1678 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 82050 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 72229 |
| IRS990EZ/GrossReceiptsAmt | 0 | 110548 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 58380 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 28497 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 36243 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 28497 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 36243 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 24506 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 18068 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KEVIN SPENCER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CYNTHIA SPENCER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KEITH BARBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 61940 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 59840 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 53403 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE PUBLIC AWARENESS OF LEARNING DISABILITIES AND ALTERNATIVE EDUCATION METHODS FOR CHILDREN WITH LEARNING DISABILITIES TO IMPROVE THE OVERALL QUALITY OF EDUCATION FOR LEARNING DISABLED STUDENTS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 255 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 72369 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROMOTE PUBLIC AWARENESS OF LEARNING DISABILITIES AND ALTERNATIVE EDUCATION METHODS FOR CHILDREN WITH LEARNING DISABILITIES TO IMPROVE THE OVERALL QUALITY OF EDUCATION FOR LEARNING DISABLED STUDENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 102802 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 22960 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 53553 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 35986 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 102802 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 102802 |
| IRS990EZ/TotalRevenueAmt | 0 | 110548 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.HOCUSFOCUSEDUCATION.COM |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 38179 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 26116 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 64295 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 72369 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 51552 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 180595 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 129881 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 183024 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 617421 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 681716 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 110548 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 77668 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 180595 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 129881 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 183024 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 681716 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 110548 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 77668 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 180595 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 129881 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 183024 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 681716 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 58380 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | SALARY ADVANCE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 41029 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | KEVIN SPENCER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | OFFICER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | false |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 58380 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING AND PROMOTION 900 BANK CHARGES 128 OFFICE EXPENSES 239 PERSONAL PROPERTY TAXES 49 BUSINESS SERVICES 2,885 TRAVEL 16,642 FOOD 2,258 CONTINUING EDUCATION 17 CONFERENCES 153 INTEREST 7,851 CONTRIBUTIONS 607 MAGIC SUPPLIES FOR CAMPS 6,525 GRANT RELATED EXPENSES 13,149 DUES & SUBSCRIPTIONS 1,760 NON-INVESTMENT DEPRECIATION 240 TOTAL 53,403 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EQUIPMENT 2,400 2,400 LESS ACCUMULATED DEPRECIATION 700 940 RECEIVABLES DUE FROM OFFICERS 60,240 58,380 TOTAL 61,940 59,840 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CREDIT CARDS PAYABLE 48,454 35,986 PAYROLL TAXES PAYABLE 5,099 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO PROMOTE PUBLIC AWARENESS OF LEARNING DISABILITIES AND ALTERNATIVE EDUCATION METHODS FOR CHILDREN WITH LEARNING DISABILITIES TO IMPROVE THE OVERALL QUALITY OF EDUCATION FOR LEARNING DISABLED STUDENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KEVIN SPENCER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9177440559 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HOCUS FOCUS INC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | C/O KEVIN W SPENCER |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOCU |
| ReturnHeader/Filer/EIN | 0 | 272504010 |
| ReturnHeader/Filer/PhoneNum | 0 | 9177440559 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3512 CLOVER HILL LANE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BENTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 72015 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 260260433 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GRACHAN & COMPANY CPAS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2003 GRAVES MILL RD STE A |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FOREST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 245514551 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4344553568 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-11-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM R GRACHAN CPA |
| ReturnHeader/ReturnTs | 0 | 2021-11-15T09:34:37-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | KEVIN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SPENCER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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
- $72,229
- Liabilities
- $35,986
- Net assets
- $36,243
- Revenue
- $110,548
- Expenses
- $102,802
- Net income
- $7,746