Civic Intelligence

Quincea Inc.

990 • Fiscal year 2022 • EIN 45-2687984

Jan 01, 2022 to Dec 31, 2022 • Filed on May 08, 2023

PO Box 9668Phoenix, AZ 85068

(480) 888-5837

Siviq Scores

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

Liabilities / Assets

50th percentile

0.02x

Higher debt load relative to assets than 50% of similar nonprofits.

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

Liabilities / Revenue

46th percentile

0.01x

Higher debt load relative to revenue than 46% of similar nonprofits.

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

Net Margin

66th percentile

16%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

86th percentile

$92,482

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

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

Asset Growth

80th percentile

29%

Faster asset growth than 80% of similar nonprofits.

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

Revenue Growth

65th percentile

24%

Faster revenue growth than 65% of similar nonprofits.

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

Assets

Up

$515,476

Up $117,345 (+29%) from 2021

Net Assets

Up

$505,781

Up $115,300 (+30%) from 2021

Liabilities

Up

$9,695

Up $2,045 (+27%) from 2021

Revenue

Up

$712,952

Up $136,490 (+24%) from 2021

Expenses

Up

$597,652

Up $101,058 (+20%) from 2021

Net Income

Up

$115,300

Up $35,432 (+44%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $40,900Liabilities 2015: $9,5002015Assets 2016: $37,359Liabilities 2016: $16,3752016Assets 2017: $55,161Liabilities 2017: $13,8752017Assets 2018: $77,543Liabilities 2018: $7,500Net Assets 2018: $70,0432018Assets 2019: $157,501Liabilities 2019: $15,131Net Assets 2019: $142,3702019Assets 2020: $320,995Liabilities 2020: $10,382Net Assets 2020: $310,6132020Assets 2021: $398,131Liabilities 2021: $7,650Net Assets 2021: $390,4812021Assets 2022: $515,476Liabilities 2022: $9,695Net Assets 2022: $505,7812022Assets 2023: $712,916Liabilities 2023: $0Net Assets 2023: $712,9162023Assets 2024: $990,975Liabilities 2024: $0Net Assets 2024: $990,9752024

Highlighted filing

2022

Assets$515,476
Liabilities$9,695
Net Assets$505,781

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $58,776Expenses 2015: $31,033Net Income 2015: $27,7432015Revenue 2016: $35,023Expenses 2016: $45,439Net Income 2016: -$10,4162016Revenue 2017: $139,431Expenses 2017: $119,129Net Income 2017: $20,3022017Revenue 2018: $232,633Expenses 2018: $203,876Net Income 2018: $28,7572018Revenue 2019: $425,434Expenses 2019: $353,107Net Income 2019: $72,3272019Revenue 2020: $699,697Expenses 2020: $531,454Net Income 2020: $168,2432020Revenue 2021: $576,462Expenses 2021: $496,594Net Income 2021: $79,8682021Revenue 2022: $712,952Expenses 2022: $597,652Net Income 2022: $115,3002022Revenue 2023: $982,873Expenses 2023: $775,738Net Income 2023: $207,1352023Revenue 2024: $1,324,945Expenses 2024: $1,046,886Net Income 2024: $278,0592024

Highlighted filing

2022

Revenue$712,952
Expenses$597,652
Net Income$115,300
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 8, 2023
Return Version
2022v5.0
Gross Receipts
$712,952
Mission and Program Overview

Mission

Quincea is committed to creating programs that will empower and advance adults with intellectual and physical disabilities.the organization is focused on utilizing social enterprise to enhance & ensure program sustainability.

Create empowering and sustainable programs for intellectually and physically disabled adults, including day program, home & community based services

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$222,514$262,944▲ $40,430
Land, Buildings, and Equipment, Net$128,957$151,818▲ $22,861
Cash and Non-Interest-Bearing Accounts$45,660$99,714▲ $54,054
Prepaid Expenses and Deferred Charges$1,000$1,000→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$398,131$515,476▲ $117,345
Other Assets Total-$0-
Liabilities
Other Liabilities-$9,695-
Mortgage Notes Payable Secured by Investment Property$7,650--
Total Liabilities$7,650$9,695▲ $2,045
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$390,481$505,781▲ $115,300
Total Net Assets Fund Balance$390,481$505,781▲ $115,300
Total Liabilities and Net Assets / Fund Balance$398,131$515,476▲ $117,345

Asset Categories

AssetBook ValueDepreciationBasis
Land$130,884-$130,884
Equipment$20,934$33,349$54,283
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Scott VerfurthDirectorFT$92,482$92,482
Karen EwersCFOFT$62,636$62,636

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$108,428
Program Service Revenue
$603,527
Investment Income
$997
Other Revenue
$0
All Other Contributions
$108,428
Change in Net Assets
$115,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$521,623
Other Expenses$76,029
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$325,352--$325,352
Current Officers, Directors, Trustees, and Key Employees$52,993$102,125-$155,118
Payroll Taxes$41,153--$41,153
Insurance$15,462$1,762-$17,224
Depreciation Depletion$9,409--$9,409
Fees for Services Accounting-$8,985-$8,985
Occupancy$8,400--$8,400
Office Expenses-$4,062-$4,062
Other Expenses$2,115--$2,115
Advertising$1,569--$1,569
All Other Expenses$498--$498
Total Functional Expenses$480,718$116,934$0$597,652
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Arpa Funds Held$9,695
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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 11B

The 990 is prepared by quincea's chief financial officer. The completed 990 is then reviewed in detail, along with supporting financial statements, with the executive director. The executive director signs the 990 after the review is completed.

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

A conflict of interest disclosure form is required to be completed annually by officers, directors and key employees.

Form 990, Part VI, Section B, Line 15B

Quincea's top management personnel were instrumental in its establishment and currently provide their services at significantly below standard compensation rates in an effort to conservatively grow the organization and establish a working capital reserve. The chief executive officer has generously offered not to take a salary for his services.

Form 990, Part VI, Section C, Line 19

Quinceas governing documents, conflict of interest policy and financial statements are all available to the public upon request. The books and records of the organization are available by contacting karen ewers, chief financial officer.

FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS

THE 990 IS PREPARED BY QUINCEA'S CHIEF FINANCIAL OFFICER. THE COMPLETED 990 IS THEN REVIEWED IN DETAIL, ALONG WITH SUPPORTING FINANCIAL STATEMENTS, WITH THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR SIGNS THE 990 AFTER THE REVIEW IS COMPLETED.FORM 990, PART VI, LINE 12c - CONFLICT OF INTEREST COMPLIANCE A CONFLICT OF INTEREST DISCLOSURE FORM IS REQUIRED TO BE COMPLETED ANNUALLY BY OFFICERS, DIRECTORS AND KEY EMPLOYEES.FORM 990, PART VI, LINE 15b - COMPENSATION REIVEW & APPROVAL PROCESS -OFFICERS AND KEY EMPLOYEESQUINCEA'S TOP MANAGEMENT PERSONNEL WERE INSTRUMENTAL IN ITS ESTABLISHMENT AND CURRENTLY PROVIDE THEIR SERVICES AT SIGNIFICANTLY BELOW STANDARD COMPENSATION RATES IN AN EFFORT TO CONSERVATIVELY GROW THE ORGANIZATION AND ESTABLISH A WORKING CAPITAL RESERVE. THE CHIEF EXECUTIVE OFFICER HAS GENEROUSLY OFFERED NOT TO TAKE A SALARY FOR HIS SERVICES.FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLEQUINCEA'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE PUBLIC UPON REQUEST. THE BOOKS AND RECORDS OF THE ORGANIZATION ARE AVAILABLE BY CONTACTING KAREN EWERS, CHIEF FINANCIAL OFFICER.

Filing and Contact Details

Filer

Filer Name
Quincea Inc
EIN
45-2687984
Phone
4808885837
Address
PO BOX 9668, PHOENIX, AZ 85068

Signing Officer

Name
Jonathan K Hall
Title
CEO
Signed
2023-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Az
Voting Board Members
7
Independent Board Members
6
Employees
20
Volunteers
8

Preparer

Firm
Seely Mullins & Associates PC
Address
7141 N 51st Avenue Suite C, Glendale, AZ 85301
Preparer
Eric L Hayes
Phone
6239397581
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt019
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0603527
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0543256
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0403805
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0210081
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02348325
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt022
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IRS990ScheduleD/LandGrp/BookValueAmt0130884
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0130884
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09695
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0151818
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY QUINCEA'S CHIEF FINANCIAL OFFICER. THE COMPLETED 990 IS THEN REVIEWED IN DETAIL, ALONG WITH SUPPORTING FINANCIAL STATEMENTS, WITH THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR SIGNS THE 990 AFTER THE REVIEW IS COMPLETED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CONFLICT OF INTEREST DISCLOSURE FORM IS REQUIRED TO BE COMPLETED ANNUALLY BY OFFICERS, DIRECTORS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2QUINCEA'S TOP MANAGEMENT PERSONNEL WERE INSTRUMENTAL IN ITS ESTABLISHMENT AND CURRENTLY PROVIDE THEIR SERVICES AT SIGNIFICANTLY BELOW STANDARD COMPENSATION RATES IN AN EFFORT TO CONSERVATIVELY GROW THE ORGANIZATION AND ESTABLISH A WORKING CAPITAL RESERVE. THE CHIEF EXECUTIVE OFFICER HAS GENEROUSLY OFFERED NOT TO TAKE A SALARY FOR HIS SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3QUINCEAS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE PUBLIC UPON REQUEST. THE BOOKS AND RECORDS OF THE ORGANIZATION ARE AVAILABLE BY CONTACTING KAREN EWERS, CHIEF FINANCIAL OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 IS PREPARED BY QUINCEA'S CHIEF FINANCIAL OFFICER. THE COMPLETED 990 IS THEN REVIEWED IN DETAIL, ALONG WITH SUPPORTING FINANCIAL STATEMENTS, WITH THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR SIGNS THE 990 AFTER THE REVIEW IS COMPLETED.FORM 990, PART VI, LINE 12c - CONFLICT OF INTEREST COMPLIANCE A CONFLICT OF INTEREST DISCLOSURE FORM IS REQUIRED TO BE COMPLETED ANNUALLY BY OFFICERS, DIRECTORS AND KEY EMPLOYEES.FORM 990, PART VI, LINE 15b - COMPENSATION REIVEW & APPROVAL PROCESS -OFFICERS AND KEY EMPLOYEESQUINCEA'S TOP MANAGEMENT PERSONNEL WERE INSTRUMENTAL IN ITS ESTABLISHMENT AND CURRENTLY PROVIDE THEIR SERVICES AT SIGNIFICANTLY BELOW STANDARD COMPENSATION RATES IN AN EFFORT TO CONSERVATIVELY GROW THE ORGANIZATION AND ESTABLISH A WORKING CAPITAL RESERVE. THE CHIEF EXECUTIVE OFFICER HAS GENEROUSLY OFFERED NOT TO TAKE A SALARY FOR HIS SERVICES.FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLEQUINCEA'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE PUBLIC UPON REQUEST. THE BOOKS AND RECORDS OF THE ORGANIZATION ARE AVAILABLE BY CONTACTING KAREN EWERS, CHIEF FINANCIAL OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, LINE 11b - FORM 990 REVIEW PROCESS
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