Civic Intelligence

Vctc Inc

990EZ • Fiscal year 2021 • EIN 27-3148921

Aug 01, 2020 to Jul 31, 2021 • Filed on Mar 11, 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

0.34x

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

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

Liabilities / Revenue

95th percentile

1.06x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

66th percentile

21%

Higher net margin than 66% 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$224,081

Up $51,058 (+30%) from 2017

Net Assets

Up

$148,976

Up $87,247 (+141%) from 2017

Liabilities

Down

$75,105

Down $36,189 (-33%) from 2017

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin66th percentile

Revenue

Up

$70,895

Up $8,172 (+13%) from 2017

Expenses

Up

$55,950

Up $16,380 (+41%) from 2017

Net Income

Down

$14,945

Down $8,208 (-35%) from 2017

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

2021

Assets$224,081
Liabilities$75,105
Net Assets$148,976
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2021

Revenue$70,895
Expenses$55,950
Net Income$14,945
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Mar 11, 2022
Return Version
2020v4.1
Gross Receipts
$87,297
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-$55,007
Compensation and Service Providers
Top Officer Pay77th 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
2022-03-11
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 AmountMerch Sales 15,327Rental 1,875Interest Income 3”

Description of other expenses Part I line 16

“Description AmountCOMMUNITY SUPPORT 5,398INSURANCE 6,720PAYROLL TAXES 518OTHER TAXES 400RENOVATION 5,452POS SYSTEM 602”

Description of other assets Part II line 24

“Category Beginning of Year End of Yearrestoration costs 0 5,245Inventory and fixtures 0 13,439”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearCommunity Savings Bank Loan 75,119 75,105”

Raw XML Appendix149 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/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/BOYAmt09150
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05397
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt015085
IRS990EZ/CostOfGoodsSoldAmt016402
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014945
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08841
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0209150
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0224081
IRS990EZ/FundraisingGrossIncomeAmt055007
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0-16402
IRS990EZ/GrossReceiptsAmt087297
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0200000
IRS990EZ/LandAndBuildingsGrp/EOYAmt0200000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0134031
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0148976
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0134031
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0148976
IRS990EZ/OccupancyRentUtltsAndMaintAmt011926
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Thomas Lott
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Thomas Klingman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SecretaryTreasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt018684
IRS990EZ/OtherExpensesTotalAmt019090
IRS990EZ/OtherRevenueTotalAmt017205
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Maintain Volga City Opera House
IRS990EZ/PrintingPublicationsPostageAmt06539
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Fundraising Events to Provide for renovations of the Volga City Opera House
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt055007
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt09554
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt055007
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt075119
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt075105
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt055950
IRS990EZ/TotalProgramServiceExpensesAmt055007
IRS990EZ/TotalRevenueAmt070895
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt015085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt069708
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07080
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt018342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0110215
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0110215
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt015085
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt069708
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07080
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt018342
IRS990ScheduleA/Total509Grp/TotalAmt0110215
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt015085
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt069708
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07080
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt018342
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0110215
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 AmountMerch Sales 15,327Rental 1,875Interest Income 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountCOMMUNITY SUPPORT 5,398INSURANCE 6,720PAYROLL TAXES 518OTHER TAXES 400RENOVATION 5,452POS SYSTEM 602
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of Yearrestoration costs 0 5,245Inventory and fixtures 0 13,439
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearCommunity Savings Bank Loan 75,119 75,105
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/SignatureDt02022-03-11
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/PreparationDt02022-03-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patrick Dillon
ReturnHeader/ReturnTs02022-03-14T12:11:28-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Thomas
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Klingman
ReturnHeader/TaxPeriodBeginDt02020-08-01
ReturnHeader/TaxPeriodEndDt02021-07-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$224,081
Liabilities
$75,105
Net assets
$148,976
Revenue
$70,895
Expenses
$55,950
Net income
$14,945
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