Civic Intelligence

South Carolina Webed

EIN 27-4698312 • 501(c)3 • North Augusta, SC

Profile

The purpose of the corporation is to make electronic healthcare record software technology available for use by governmental entities and public charities for education and charitable purposes substantially below the cost of securing such software on the open market.

450 Railroad Ave Unit 1ANorth Augusta, SC 29841

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

0.44x

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

501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

4th percentile

-739%

Higher net margin than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Balance Sheet
Liabilities / Assets77th percentile

Assets

$221,132

No earlier filing loaded for comparison.

Liabilities

$15,000

No earlier filing loaded for comparison.

Net Assets

$206,132

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue91st percentileNet Margin4th percentile

Revenue

$33,920

No earlier filing loaded for comparison.

Expenses

$284,447

No earlier filing loaded for comparison.

Net Income

-$250,527

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2014: $221,132Liabilities 2014: $15,000Net Assets 2014: $206,1322014

Highlighted filing

2014

Assets$221,132
Liabilities$15,000
Net Assets$206,132
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2014: $33,920Expenses 2014: $284,447Net Income 2014: -$250,5272014

Highlighted filing

2014

Revenue$33,920
Expenses$284,447
Net Income-$250,527
Open 2014 Filing

Filings

Most recent year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$221,132
Liabilities
$15,000
Net assets
$206,132
Revenue
$33,920
Expenses
$284,447
Net income
-$250,527
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$2.21$0.15$2.06$0.34$2.84$2.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$33,920
Mission and Program Overview

Mission

The purpose of the corporation is to make electronic healthcare record software technology available for use by governmental entities and public charities for education and charitable purposes substantially below the cost of securing such software on the open market.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$427,947$213,974▼ $213,973
Rtn Earn Endowment Incm Other Fnds$456,659$206,132▼ $250,527
Cash and Non-Interest-Bearing Accounts$28,712$7,158▼ $21,554
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$456,659$221,132▼ $235,527
Liabilities
Other Liabilities$0$15,000▲ $15,000
Total Liabilities$0$15,000▲ $15,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$456,659$206,132▼ $250,527
Total Liabilities and Net Assets / Fund Balance$456,659$221,132▼ $235,527

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$213,974$427,946$641,920
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Paul C Browne MdChairman, CEO, CFO, COO
Blane CatledgeDirector
Nicholas FogelsonDirector
Judith BurgisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,920
Program Service Revenue
$32,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,920
Change in Net Assets
$-250,527
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$284,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$213,973--$213,973
Other Expenses$1,920$4,075-$1,920
Office Expenses-$1,126-$1,126
Total Functional Expenses$279,246$5,201$0$284,447
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable to Croxley LLC$15,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The chairman reviews a draft of the form 990 before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Board members annually sign a statement affirming that they have complied with the conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
South Carolina Webed
EIN
27-4698312
Phone
8034224747
Address
450 RAILROAD AVE UNIT 1A, NORTH AUGUSTA, SC 29841

Signing Officer

Name
Paul C Browne
Title
Chairman
Phone
8034224747
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul C Browne
Formed
2011
Legal Domicile
Sc
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Bauknight Pietras & Stormer Pa
Address
1517 GERVAIS STREET, COLUMBIA, SC 29201
Preparer
Shellie S Johnson
Phone
8037718943
Raw XML Appendix305 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.

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ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHELLIE S JOHNSON
ReturnHeader/ReturnTs02015-11-16T13:56:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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