Civic Intelligence

7 Billion Reasons Inc.

990EZ • Fiscal year 2015 • EIN 46-0985976

Jan 01, 2015 to Dec 31, 2015 • Filed on May 11, 2016

3204 Colby Chase DriveApex, NC 27539

(919) 345-0843

Siviq Scores

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

Liabilities / Assets

77th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • NTEE Q33 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • NTEE Q33 • <$500k nonprofits • Source year 2015

Net Margin

93rd percentile

76%

Higher net margin than 93% of similar nonprofits.

2015 filings • NTEE Q33 • <$500k nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2015 filings • NTEE Q33 • <$500k nonprofits • Source year 2015

Asset Growth

82nd percentile

77%

Faster asset growth than 82% of similar nonprofits.

2015 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

38%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$173,121

Up $75,340 (+77%) from 2014

Net Assets

Up

$173,121

Up $75,340 (+77%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$99,006

Up $27,380 (+38%) from 2014

Expenses

Down

$23,666

Down $7,567 (-24%) from 2014

Net Income

Up

$75,340

Up $34,947 (+87%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $97,781Liabilities 2014: $0Net Assets 2014: $97,7812014Assets 2015: $173,121Liabilities 2015: $0Net Assets 2015: $173,1212015Assets 2016: $198,038Liabilities 2016: $0Net Assets 2016: $198,0382016Assets 2017: $287,684Liabilities 2017: $0Net Assets 2017: $287,6842017Assets 2018: $377,966Liabilities 2018: $0Net Assets 2018: $377,9662018Assets 2019: $397,558Liabilities 2019: $0Net Assets 2019: $397,5582019Assets 2020: $463,304Liabilities 2020: $0Net Assets 2020: $463,3042020Assets 2021: $508,367Liabilities 2021: $0Net Assets 2021: $508,3672021Assets 2022: $508,305Liabilities 2022: $0Net Assets 2022: $508,3052022Assets 2023: $490,856Liabilities 2023: $0Net Assets 2023: $490,8562023Assets 2024: $644,295Liabilities 2024: $0Net Assets 2024: $644,2952024

Highlighted filing

2015

Assets$173,121
Liabilities$0
Net Assets$173,121

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $71,626Expenses 2014: $31,233Net Income 2014: $40,3932014Revenue 2015: $99,006Expenses 2015: $23,666Net Income 2015: $75,3402015Revenue 2016: $101,074Expenses 2016: $76,157Net Income 2016: $24,9172016Revenue 2017: $192,627Expenses 2017: $102,981Net Income 2017: $89,6462017Revenue 2018: $220,010Expenses 2018: $129,728Net Income 2018: $90,2822018Revenue 2019: $141,406Expenses 2019: $120,507Net Income 2019: $20,8992019Revenue 2020: $158,619Expenses 2020: $92,873Net Income 2020: $65,7462020Revenue 2021: $204,755Expenses 2021: $145,534Net Income 2021: $59,2212021Revenue 2022: $185,406Expenses 2022: $185,468Net Income 2022: -$622022Revenue 2023: $179,876Expenses 2023: $197,325Net Income 2023: -$17,4492023Revenue 2024: $359,386Expenses 2024: $206,831Net Income 2024: $152,5552024

Highlighted filing

2015

Revenue$99,006
Expenses$23,666
Net Income$75,340
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 11, 2016
Return Version
2015v2.1
Gross Receipts
$105,475
Mission and Program Overview

Mission

7 billion reasons is a global organization whose mission is to go and share the love of jesus christ by meeting spiritual, educational, and physical needs in impoverished communities throughout the world.

Program Services

DescriptionGrantsExpenses
BUILT 4 CLASSROOM SCHOOL BUILDING AND LATRINE. BUILT ENTRANCE WITH GUARD HOUSE AND FENCED ENTIRE PROPERTY. INSTALLED MUNICIPAL WATER SERVICE TO THE PROPERTY.$0$10,481
PURCHASED SCHOOL SUPPLIES, TOILETRIES, FOOD AND WATER FOR CHILDREN IN BUSIA, UGANDA; PROVIDED CHILDREN AND CAREGIVERS WITH MEDICAL HELP AND SUPPLIES.$0$4,597
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK KANODEPresident-$0--
CHRISTINE WERTZVice President-$0--
LORI KANODETreasurer-$0--
MICHAEL HARWOODBoard Member-$0--
KATHLEEN HARWOODBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
7 Billion Reasons Inc
EIN
46-0985976
Phone
9193450843
Address
3204 COLBY CHASE DRIVE, APEX, NC 27539

Signing Officer

Name
Mark Kanode
Title
President
Phone
9193450843
Signed
2016-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Thomas Judy & Tucker P a
Address
4700 FALLS OF NEUSE ROAD SUITE 400, RALEIGH, NC 27609
Preparer
Kristen Hoyle CPA
Phone
9195717055
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 1,537. Returns and allowances: 0. Less cost of goods sold: 405. Gross profit: 1,132. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 405. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 405.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: misc. Bank and credit card fees. Amount: 1,139. Description: uganda-in country. Amount: 2,621. Description: uganda aid. Amount: 4,597. Description: taxes. Amount: 93. Description: website. Amount: 583. Description: insurance. Amount: 900. Description: uganda campus development. Amount: 2,063. Description: foreign currency exchange loss. Amount: 578. Description: travel. Amount: 5,797. Total to form 990-ez, line 16: 18,371.

Form 990-ez, Part II, Line 24 - Other Assets

Description: construction in progress. Beg. Of year amount: 0. End of year amount: 61,610.

Raw XML Appendix165 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/PhoneNum09193450843
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARY
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt097781
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0173121
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARK KANODE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTINE WERTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LORI KANODE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL HARWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KATHLEEN HARWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt061610
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt018371
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt07 BILLION REASONS IS A GLOBAL ORGANIZATION WHOSE MISSION IS TO GO AND SHARE THE LOVE OF JESUS CHRIST BY MEETING SPIRITUAL, EDUCATIONAL, AND PHYSICAL NEEDS IN IMPOVERISHED COMMUNITIES THROUGHOUT THE WORLD.
IRS990EZ/PrintingPublicationsPostageAmt0221
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BUILT 4 CLASSROOM SCHOOL BUILDING AND LATRINE. BUILT ENTRANCE WITH GUARD HOUSE AND FENCED ENTIRE PROPERTY. INSTALLED MUNICIPAL WATER SERVICE TO THE PROPERTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PURCHASED SCHOOL SUPPLIES, TOILETRIES, FOOD AND WATER FOR CHILDREN IN BUSIA, UGANDA; PROVIDED CHILDREN AND CAREGIVERS WITH MEDICAL HELP AND SUPPLIES.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14597
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt015078
IRS990EZ/TotalRevenueAmt099006
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.7BILLIONREASONS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0103938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt069403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0173341
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04593
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IRS990ScheduleA/PublicSupportTotal170Amt0135229
IRS990ScheduleA/SubstantialContributorsTotAmt038112
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0103938
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0173341
IRS990ScheduleA/TotalSupportAmt0173341
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 1,537. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 405. GROSS PROFIT: 1,132. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 405. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 405.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISC. BANK AND CREDIT CARD FEES. AMOUNT: 1,139. DESCRIPTION: UGANDA-IN COUNTRY. AMOUNT: 2,621. DESCRIPTION: UGANDA AID. AMOUNT: 4,597. DESCRIPTION: TAXES. AMOUNT: 93. DESCRIPTION: WEBSITE. AMOUNT: 583. DESCRIPTION: INSURANCE. AMOUNT: 900. DESCRIPTION: UGANDA CAMPUS DEVELOPMENT. AMOUNT: 2,063. DESCRIPTION: FOREIGN CURRENCY EXCHANGE LOSS. AMOUNT: 578. DESCRIPTION: TRAVEL. AMOUNT: 5,797. TOTAL TO FORM 990-EZ, LINE 16: 18,371.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: CONSTRUCTION IN PROGRESS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 61,610.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK KANODE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09193450843
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt07 BILLION REASONS INC
ReturnHeader/Filer/BusinessNameControlTxt07BIL
ReturnHeader/Filer/EIN0460985976
ReturnHeader/Filer/PhoneNum09193450843
ReturnHeader/Filer/USAddress/AddressLine1Txt03204 COLBY CHASE DRIVE
ReturnHeader/Filer/USAddress/CityNm0APEX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027539
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561965804
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMAS JUDY & TUCKER P A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04700 FALLS OF NEUSE ROAD SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027609
ReturnHeader/PreparerPersonGrp/PhoneNum09195717055
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KRISTEN HOYLE CPA
ReturnHeader/ReturnTs02016-05-11T12:30:20-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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