Civic Intelligence

Cvspin Inc

990 • Fiscal year 2022 • EIN 33-0836672

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

77971 Wildcat Drive Suite EPalm Desert, CA 92260

(760) 674-4700

Siviq Scores

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

Liabilities / Assets

37th percentile

0.00x

Higher debt load relative to assets than 37% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

33rd percentile

0.00x

Higher debt load relative to revenue than 33% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

73rd percentile

23%

Higher net margin than 73% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

96th percentile

196%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

96th percentile

293%

Faster revenue growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$192,578

Up $127,465 (+196%) from 2021

Net Assets

Up

$192,105

Up $126,992 (+195%) from 2021

Liabilities

Up

$473

Up $473 from 2021

Revenue

Up

$555,400

Up $414,172 (+293%) from 2021

Expenses

Up

$428,408

Up $311,408 (+266%) from 2021

Net Income

Up

$126,992

Up $102,764 (+424%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2010: $193,086Liabilities 2010: $0Net Assets 2010: $193,0862010Assets 2011: $153,253Liabilities 2011: $386Net Assets 2011: $152,8672011Assets 2012: $106,587Liabilities 2012: $516Net Assets 2012: $106,0712012Assets 2013: $131,425Liabilities 2013: $20,448Net Assets 2013: $110,9772013Assets 2014: $115,852Liabilities 2014: $17,232Net Assets 2014: $98,6202014Assets 2015: $192,954Liabilities 2015: -$8,626Net Assets 2015: $201,5802015Assets 2016: $156,996Liabilities 2016: -$10,589Net Assets 2016: $167,5852016Assets 2018: $96,769Liabilities 2018: $0Net Assets 2018: $96,7692018Assets 2019: $92,983Liabilities 2019: $4,343Net Assets 2019: $88,6402019Assets 2020: $40,885Liabilities 2020: $0Net Assets 2020: $40,8852020Assets 2021: $65,113Liabilities 2021: $0Net Assets 2021: $65,1132021Assets 2022: $192,578Liabilities 2022: $473Net Assets 2022: $192,1052022Assets 2023: $370,634Liabilities 2023: $2,444Net Assets 2023: $368,1902023Assets 2024: $368,190Liabilities 2024: $0Net Assets 2024: $368,1902024

Highlighted filing

2022

Assets$192,578
Liabilities$473
Net Assets$192,105

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $294,6382010Expenses 2011: $390,1102011Expenses 2012: $440,1982012Revenue 2013: $387,889Expenses 2013: $404,429Net Income 2013: -$16,5402013Revenue 2014: $406,855Expenses 2014: $419,222Net Income 2014: -$12,3672014Revenue 2015: $412,691Expenses 2015: $300,010Net Income 2015: $112,6812015Revenue 2016: $284,548Expenses 2016: $318,499Net Income 2016: -$33,9512016Revenue 2018: $64,310Expenses 2018: $96,468Net Income 2018: -$32,1582018Revenue 2019: $532,064Expenses 2019: $501,966Net Income 2019: $30,0982019Revenue 2020: $335,622Expenses 2020: $383,377Net Income 2020: -$47,7552020Revenue 2021: $141,228Expenses 2021: $117,000Net Income 2021: $24,2282021Revenue 2022: $555,400Expenses 2022: $428,408Net Income 2022: $126,9922022Revenue 2023: $618,432Expenses 2023: $442,347Net Income 2023: $176,0852023Revenue 2024: $363,000Expenses 2024: $363,000Net Income 2024: $02024

Highlighted filing

2022

Revenue$555,400
Expenses$428,408
Net Income$126,992
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$594,411
Mission and Program Overview

Mission

Provide financial assistance

Provide financial assistance to qualified non-profit charities in the coachella valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$60,113$187,578▲ $127,465
Inventories for Sale or Use$5,000$5,000→ $0
Total Assets$65,113$192,578▲ $127,465
Liabilities
Other Liabilities-$473-
Total Liabilities$0$473▲ $473
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$65,113$192,105▲ $126,992
Total Net Assets Fund Balance$65,113$192,105▲ $126,992
Total Liabilities and Net Assets / Fund Balance$65,113$192,578▲ $127,465
Compensation and Service Providers

Board Members and Trustees

NameTitle
Aftab DadaPresident
Bill FeistDirector
Jim DowlerAdvisor
Tim EsserAdvisor
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$594,411
Investment Income
$0
Other Revenue
$-39,011
Change in Net Assets
$126,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$206,308
Other Expenses$195,081
Salaries, Compensation, and Employee Benefits$27,019
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$206,308--$206,308
Other Salaries and Wages-$24,750-$24,750
Occupancy-$15,688-$15,688
Office Expenses$5,397$2,942-$8,339
Advertising$6,232--$6,232
Insurance$2,935$1,205-$4,140
Fees for Services Other$450$3,083-$3,533
Fees for Services Accounting$2,460$820-$3,280
Conferences and Meetings-$3,077-$3,077
Payroll Taxes-$2,269-$2,269
Fees for Services Legal$1,500--$1,500
Other Expenses$1,273$98-$1,273
All Other Expenses$599--$599
Travel$293--$293
Total Functional Expenses$372,604$55,804$0$428,408
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
United Cerebral PalsyRancho Mirage, CA501c3-$52,000
Desert Riders AssociationCathedral City, CA501c3-$7,530
Palm Desert Hs CA Cadet CorpPalm Desert, CA501c3-$6,500
Palm Springs Hs BandPalm Springs, CA501c3-$6,000
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
Payroll Liabilities$473
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Cvspin Inc
EIN
33-0836672
Phone
7606744700
Address
77971 WILDCAT DRIVE SUITE E, PALM DESERT, CA 92260

Signing Officer

Name
Aftab Dada
Title
President
Phone
7606744700
Signed
2023-11-15

Organization Details

Principal Officer
Bill Feist
Formed
1999
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
1

Preparer

Firm
Clarkson David CPA Pc
Address
16595 POUNCEY TRACT RD SUITE A, ROCKVILLE, VA 23146
Preparer
Cheri G David CPA Cva
Phone
8047494500
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provide financial assistance to qualified non-profit charities in the coachella valley.

Raw XML Appendix350 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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IRS990/TotalAssetsEOYAmt0192578
IRS990/TotalAssetsGrp/BOYAmt065113
IRS990/TotalAssetsGrp/EOYAmt0192578
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055804
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0372604
IRS990/TotalFunctionalExpensesGrp/TotalAmt0428408
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0473
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0473
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt065113
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0192105
IRS990/TotalOtherProgSrvcExpenseAmt01500
IRS990/TotalProgramServiceExpensesAmt0372604
IRS990/TotalProgramServiceRevenueAmt0594411
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0555400
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0555400
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt065113
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0192578
IRS990/TravelGrp/ProgramServicesAmt0293
IRS990/TravelGrp/TotalAmt0293
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt077971 WILDCAT DRIVE SUITE E
IRS990/USAddress/CityNm0PALM DESERT
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092260
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.TOURDEPALMSPRINGS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0AFTAB DADA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07606744700
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CVSPIN INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TOUR DE PALM SPRINGS
ReturnHeader/Filer/BusinessNameControlTxt0CVSP
ReturnHeader/Filer/EIN0330836672
ReturnHeader/Filer/PhoneNum07606744700
ReturnHeader/Filer/USAddress/AddressLine1Txt077971 WILDCAT DRIVE SUITE E
ReturnHeader/Filer/USAddress/CityNm0PALM DESERT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092260
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208934673
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLARKSON DAVID CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016595 POUNCEY TRACT RD SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023146
ReturnHeader/PreparerPersonGrp/PhoneNum08047494500
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHERI G DAVID CPA CVA
ReturnHeader/ReturnTs02023-11-15T21:26:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AFTAB
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DADA
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$0.00$3.68$3.63$3.63$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.71$0.02$3.68$6.18$4.42$1.76
2022Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.92$5.55$4.28$1.27
2021Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$1.41$1.17$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$3.36$3.83$0.48
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.04$0.89$5.32$5.02$0.30
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.64$0.96$0.32
2016Detailed filing. Detailed filing data is available for this year.$1.57$0.11$1.68$2.85$3.18$0.34
2015Detailed filing. Detailed filing data is available for this year.$1.93$0.09$2.02$4.13$3.00$1.13
2014Detailed filing. Detailed filing data is available for this year.$1.16$0.17$0.99$4.07$4.19$0.12
2013Detailed filing. Detailed filing data is available for this year.$1.31$0.20$1.11$3.88$4.04$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.01$1.06$4.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.00$1.53$3.90
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.00$1.93$2.95