Civic Intelligence

Hocus Focus Inc.

990EZ • Fiscal year 2021 • EIN 27-2504010

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 11, 2022

3512 Clover Hill LaneBenton, AR 72015

(917) 744-0559

Siviq Scores

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

Liabilities / Assets

89th percentile

0.49x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.57x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

63rd percentile

18%

Higher net margin than 63% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

82nd percentile

55%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

35th percentile

-14%

Faster revenue growth than 35% of similar nonprofits.

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

Assets

Up

$111,966

Up $39,737 (+55%) from 2020

Net Assets

Up

$57,197

Up $20,954 (+58%) from 2020

Liabilities

Up

$54,769

Up $18,783 (+52%) from 2020

Revenue

Down

$95,343

Down $15,205 (-14%) from 2020

Expenses

Down

$77,949

Down $24,853 (-24%) from 2020

Net Income

Up

$17,394

Up $9,648 (+125%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2012: $2,489Net Assets 2012: $2,4892012Assets 2013: $0Liabilities 2013: $279Net Assets 2013: -$2792013Assets 2014: $4,300Net Assets 2014: $4,3002014Assets 2015: $1,722Net Assets 2015: $1,7222015Assets 2016: $52,043Net Assets 2016: $52,0432016Assets 2017: $75,402Net Assets 2017: $75,4022017Assets 2018: $94,522Net Assets 2018: $94,5222018Assets 2019: $82,050Liabilities 2019: $53,553Net Assets 2019: $28,4972019Assets 2020: $72,229Liabilities 2020: $35,986Net Assets 2020: $36,2432020Assets 2021: $111,966Liabilities 2021: $54,769Net Assets 2021: $57,1972021Assets 2022: $51,209Liabilities 2022: $26,487Net Assets 2022: $70,5082022Assets 2023: $13,982Liabilities 2023: $12,955Net Assets 2023: $68,0412023Assets 2024: $30,495Liabilities 2024: $14,614Net Assets 2024: $15,8812024

Highlighted filing

2021

Assets$111,966
Liabilities$54,769
Net Assets$57,197

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $54,564Expenses 2012: $52,640Net Income 2012: $1,9242012Revenue 2013: $75,058Expenses 2013: $77,826Net Income 2013: -$2,7682013Revenue 2014: $52,313Expenses 2014: $47,734Net Income 2014: $4,5792014Revenue 2015: $98,199Expenses 2015: $100,777Net Income 2015: -$2,5782015Revenue 2016: $183,024Expenses 2016: $132,703Net Income 2016: $50,3212016Revenue 2017: $129,881Expenses 2017: $106,522Net Income 2017: $23,3592017Revenue 2018: $180,595Expenses 2018: $161,475Net Income 2018: $19,1202018Revenue 2019: $78,504Expenses 2019: $144,529Net Income 2019: -$66,0252019Revenue 2020: $110,548Expenses 2020: $102,802Net Income 2020: $7,7462020Revenue 2021: $95,343Expenses 2021: $77,949Net Income 2021: $17,3942021Revenue 2022: $133,387Expenses 2022: $120,076Net Income 2022: $13,3112022Revenue 2023: $194,131Expenses 2023: $150,812Net Income 2023: $43,3192023Revenue 2024: $211,300Expenses 2024: $212,067Net Income 2024: -$7672024

Highlighted filing

2021

Revenue$95,343
Expenses$77,949
Net Income$17,394
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 11, 2022
Return Version
2021v4.2
Gross Receipts
$95,343
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.

To Promote Education to those with Learning Disability

Program Services

DescriptionGrantsExpenses
To Promote public awareness of learning disabilities and alternative education methods for children with learning disabilities to improve the overall quality of eduction for learning disabled students--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVIN SPENCERPresidentFT$0--
CYNTHIA SPENCERVice PresidentPT$0--
KEITH BARBERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hocus Focus Inc
EIN
27-2504010
In Care Of
% Kevin Spencer
Phone
9177440559
Address
3512 Clover Hill Lane, Benton, AR 72015

Signing Officer

Name
Kevin Spencer
Title
President
Phone
9177440559
Signed
2022-08-11
Discuss with paid preparer
Yes

Preparer

Firm
Penn Tax and Accounting LLC
Address
301 Roya Lane suite 2A, Bryant, AR 72022
Preparer
John F Penn
Phone
5018477533
Supplemental Narrative

Additional Explanations

Part I Line 16

Advertising and promotion $4760.00

Part I Line 16

Other office expenses $3537.00

Part I Line 16

Travel $11599.00

Part I Line 16

Interest $4866.00

Part I Line 16

Depreciation, depletion, and amortization $240.00

Part I Line 16

Insurance $2657.00

Part I Line 16

Continuing Education $9911.00

Part I Line 16

Meals $1401.00

Part I Line 16

Professional Dues $1082.00

Part I Line 16

Telephone $5166.00

Part I Line 16

Repairs $244.00

Part I Line 16

Bank Fees $375.00

Part I Line 16

Regristration Fees $45.00

Part I Line 16

Supplies $496.00

Part I Line 16

Property Taxes $2399.00

Part I Line 16

Grant Repayment $9045.00

Part I Line 16

Show Expense $3152.00

Part I Line 16

Warehouse Rent $3420.00

Part I Line 16

Contributions $2311.00

Part II Line 24

Receivables Due from Officers Ending: $58020.00

Part II Line 26

Credit Cards Payable Ending: $54769.00

Raw XML Appendix192 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KEVIN SPENCER
IRS990EZ/BooksInCareOfDetail/PhoneNum09177440559
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03512 Clover Hill Lane
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Benton
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd072015
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012389
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt052726
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017394
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02564
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt075789
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0111966
IRS990EZ/GrossReceiptsAmt095343
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt01460
IRS990EZ/LandAndBuildingsGrp/EOYAmt01220
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039803
IRS990EZ/NetAssetsOrFundBalancesEOYAmt057197
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039803
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt057197
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEVIN SPENCER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CYNTHIA SPENCER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KEITH BARBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt061940
IRS990EZ/OtherAssetsTotalDetail/EOYAmt058020
IRS990EZ/OtherExpensesTotalAmt066706
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To Promote Education to those with Learning Disability
IRS990EZ/PrintingPublicationsPostageAmt0598
IRS990EZ/ProgramServiceRevenueAmt095343
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To Promote public awareness of learning disabilities and alternative education methods for children with learning disabilities to improve the overall quality of eduction for learning disabled students
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08081
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt035986
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt054769
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt077949
IRS990EZ/TotalRevenueAmt095343
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt038179
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt026116
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt064295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt095343
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt072369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt051552
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0180595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0129881
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0529740
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0594035
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt095343
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0110548
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt077668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0180595
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0129881
IRS990ScheduleA/Total509Grp/TotalAmt0594035
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt095343
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0110548
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt077668
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0180595
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0129881
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0594035
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and promotion $4760.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other office expenses $3537.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $11599.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $4866.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation, depletion, and amortization $240.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $2657.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Continuing Education $9911.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Meals $1401.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Professional Dues $1082.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Telephone $5166.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Repairs $244.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Bank Fees $375.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Regristration Fees $45.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Supplies $496.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Property Taxes $2399.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Grant Repayment $9045.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Show Expense $3152.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Warehouse Rent $3420.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Contributions $2311.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Receivables Due from Officers Ending: $58020.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Credit Cards Payable Ending: $54769.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Part II Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Part II Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN SPENCER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09177440559
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Hocus Focus Inc
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0c/o Kevin W Spencer
ReturnHeader/Filer/BusinessNameControlTxt0HOCU
ReturnHeader/Filer/EIN0272504010
ReturnHeader/Filer/InCareOfNm0% Kevin Spencer
ReturnHeader/Filer/PhoneNum09177440559
ReturnHeader/Filer/USAddress/AddressLine1Txt03512 Clover Hill Lane
ReturnHeader/Filer/USAddress/CityNm0Benton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072015
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452458559
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Penn Tax and Accounting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 Roya Lane suite 2A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bryant
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072022
ReturnHeader/PreparerPersonGrp/PhoneNum05018477533
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN F PENN
ReturnHeader/ReturnTs02022-08-11T08:19:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEVIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPENCER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings