Civic Intelligence

Vctc Inc

990EZ • Fiscal year 2022 • EIN 27-3148921

Aug 01, 2021 to Jul 31, 2022 • Filed on Sep 20, 2022

Organization Profile
PO Box 56Volga, IA 52077

(319) 509-0308

Siviq Scores

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

Liabilities / Assets

86th percentile

0.26x

Higher debt load relative to assets than 86% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

0.63x

Higher debt load relative to revenue than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

77th percentile

27%

Higher net margin than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

70th percentile

42%

Faster revenue growth than 70% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$248,884

Up $24,803 (+11%) from 2021

Net Assets

Up

$185,219

Up $36,243 (+24%) from 2021

Liabilities

Down

$63,665

Down $11,440 (-15%) from 2021

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin77th percentile

Revenue

Up

$100,966

Up $30,071 (+42%) from 2021

Expenses

Up

$73,974

Up $18,024 (+32%) from 2021

Net Income

Up

$26,992

Up $12,047 (+81%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

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

$600K$400K$200K$0Assets 2017: $173,023Liabilities 2017: $111,294Net Assets 2017: $61,7292017Assets 2021: $224,081Liabilities 2021: $75,105Net Assets 2021: $148,9762021Assets 2022: $248,884Liabilities 2022: $63,665Net Assets 2022: $185,2192022Assets 2023: $402,400Liabilities 2023: $66,360Net Assets 2023: $336,0402023Assets 2024: $165,320Liabilities 2024: $59,289Net Assets 2024: $106,0312024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2022

Assets$248,884
Liabilities$63,665
Net Assets$185,219
Open 2022 Filing

Operations Trend

Revenue Growth70th percentile

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

$300K$200K$100K$0-$100KRevenue 2017: $62,723Expenses 2017: $39,570Net Income 2017: $23,1532017Revenue 2021: $70,895Expenses 2021: $55,950Net Income 2021: $14,9452021Revenue 2022: $100,966Expenses 2022: $73,974Net Income 2022: $26,9922022Revenue 2023: $215,628Expenses 2023: $73,541Net Income 2023: $142,0872023Revenue 2024: $47,148Expenses 2024: $66,514Net Income 2024: -$19,3662024Revenue 2025: $47,171Expenses 2025: $51,791Net Income 2025: -$4,6202025

Highlighted filing

2022

Revenue$100,966
Expenses$73,974
Net Income$26,992
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Jul 31, 2022
Signed
Sep 20, 2022
Return Version
2021v4.2
Gross Receipts
$128,175
Mission and Program Overview

Mission

Maintain Volga City Opera House

Program Services

DescriptionGrantsExpenses
Fundraising Events to Provide for renovations of the Volga City Opera House-$82,253
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas LottPresident-$0--
Thomas KlingmanSecretarytreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Truck Cruise----
Filing and Contact Details

Filer

Filer Name
VCTC Inc
EIN
27-3148921
Address
PO BOX 56, Volga, IA 52077

Signing Officer

Name
Thomas Klingman
Title
Board Member
Signed
2022-09-20
Discuss with paid preparer
No

Preparer

Firm
Dillon Law PC
Address
209 E 1st Street, Sumner, IA 50674
Preparer
Patrick Dillon
Phone
5635781850
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountRental 1,225Interest Income 2”

Description of other expenses Part I line 16

“Description AmountCOMMUNITY SUPPORT 3,009INSURANCE 7,106PAYROLL TAXES 1,007OTHER TAXES 3,464RENOVATION 3,993”

Description of other assets Part II line 24

“Category Beginning of Year End of Yearrestoration costs 5,245 9,235Inventory and fixtures 13,439 13,439inventory 0 10,059”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearCommunity Savings Bank Loan 75,105 63,665”

Raw XML Appendix152 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Thomas Klingman
IRS990EZ/BooksInCareOfDetail/PhoneNum03195090308
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt012077 BELL Rd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Volga
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052077
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014648
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IRS990EZ/ContributionsGiftsGrantsEtcAmt049713
IRS990EZ/CostOfGoodsSoldAmt027209
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt026992
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt027428
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt0-23997
IRS990EZ/GrossReceiptsAmt0128175
IRS990EZ/GrossSalesOfInventoryAmt03212
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0200000
IRS990EZ/LandAndBuildingsGrp/EOYAmt0200000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0158227
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0185219
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0158227
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0185219
IRS990EZ/OccupancyRentUtltsAndMaintAmt09609
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Thomas Lott
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SecretaryTreasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt018684
IRS990EZ/OtherAssetsTotalDetail/EOYAmt032733
IRS990EZ/OtherExpensesTotalAmt018579
IRS990EZ/OtherRevenueTotalAmt01227
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Maintain Volga City Opera House
IRS990EZ/PrintingPublicationsPostageAmt010239
IRS990EZ/ProgramServiceRevenueAmt045096
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Fundraising Events to Provide for renovations of the Volga City Opera House
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt082253
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08119
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt028927
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt075105
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt063665
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt073974
IRS990EZ/TotalProgramServiceExpensesAmt082253
IRS990EZ/TotalRevenueAmt0100966
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt045698
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt015085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt069708
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07080
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0137571
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0137571
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt045698
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt015085
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt069708
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07080
IRS990ScheduleA/Total509Grp/TotalAmt0137571
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt045698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt015085
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt069708
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07080
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0137571
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
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0TRUCK CRUISE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountRental 1,225Interest Income 2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountCOMMUNITY SUPPORT 3,009INSURANCE 7,106PAYROLL TAXES 1,007OTHER TAXES 3,464RENOVATION 3,993
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of Yearrestoration costs 5,245 9,235Inventory and fixtures 13,439 13,439inventory 0 10,059
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearCommunity Savings Bank Loan 75,105 63,665
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Thomas Klingman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Member
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VCTC Inc
ReturnHeader/Filer/BusinessNameControlTxt0VCTC
ReturnHeader/Filer/EIN0273148921
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 56
ReturnHeader/Filer/USAddress/CityNm0Volga
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052077
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203251136
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Dillon Law PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0209 E 1st Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sumner
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050674
ReturnHeader/PreparerPersonGrp/PhoneNum05635781850
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patrick Dillon
ReturnHeader/ReturnTs02022-11-28T11:54:19-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Thomas
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Klingman
ReturnHeader/TaxPeriodBeginDt02021-08-01
ReturnHeader/TaxPeriodEndDt02022-07-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$248,884
Liabilities
$63,665
Net assets
$185,219
Revenue
$100,966
Expenses
$73,974
Net income
$26,992
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.47$0.52$0.05
2024Detailed filing. Detailed filing data is available for this year.$1.65$0.59$1.06$0.47$0.67$0.19
2023Detailed filing. Detailed filing data is available for this year.$4.02$0.66$3.36$2.16$0.74$1.42
2022Detailed filing. Detailed filing data is available for this year.$2.49$0.64$1.85$1.01$0.74$0.27
2021Detailed filing. Detailed filing data is available for this year.$2.24$0.75$1.49$0.71$0.56$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.73$1.11$0.62$0.63$0.40$0.23