Civic Intelligence

Volunteer Odyssey

990 • Fiscal year 2020 • EIN 46-2558894

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

111 S Highland St Pmb 413Memphis, TN 38111

(901) 209-1036

Siviq Scores

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

Liabilities / Assets

86th percentile

0.42x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.16x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

32nd percentile

-6.0%

Higher net margin than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

95th percentile

$68,687

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

88th percentile

100%

Faster asset growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

51st percentile

-13%

Faster revenue growth than 51% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$84,771

Up $42,361 (+100%) from 2019

Net Assets

Up

$49,536

Up $9,554 (+24%) from 2019

Liabilities

Up

$35,235

Up $32,807 (+1351%) from 2019

Revenue

Down

$219,793

Down $33,540 (-13%) from 2019

Expenses

Down

$233,065

Down $24,259 (-9.4%) from 2019

Net Income

Down

-$13,272

Down $9,281 (-233%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2016: $36,024Liabilities 2016: $1,256Net Assets 2016: $34,7682016Assets 2017: $108,938Liabilities 2017: $3,454Net Assets 2017: $105,4842017Assets 2018: $80,630Liabilities 2018: -$1,399Net Assets 2018: $82,0292018Assets 2019: $42,410Liabilities 2019: $2,428Net Assets 2019: $39,9822019Assets 2020: $84,771Liabilities 2020: $35,235Net Assets 2020: $49,5362020Assets 2021: $142,109Liabilities 2021: $11,905Net Assets 2021: $130,2042021Assets 2022: $98,368Liabilities 2022: $4,808Net Assets 2022: $93,5602022Assets 2023: $77,169Liabilities 2023: $600Net Assets 2023: $76,5692023Assets 2024: $70,996Liabilities 2024: $1,683Net Assets 2024: $69,3132024

Highlighted filing

2020

Assets$84,771
Liabilities$35,235
Net Assets$49,536

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $80,110Expenses 2016: $68,137Net Income 2016: $11,9732016Revenue 2017: $204,247Expenses 2017: $133,531Net Income 2017: $70,7162017Revenue 2018: $229,841Expenses 2018: $253,296Net Income 2018: -$23,4552018Revenue 2019: $253,333Expenses 2019: $257,324Net Income 2019: -$3,9912019Revenue 2020: $219,793Expenses 2020: $233,065Net Income 2020: -$13,2722020Revenue 2021: $340,308Expenses 2021: $271,185Net Income 2021: $69,1232021Revenue 2022: $254,932Expenses 2022: $282,700Net Income 2022: -$27,7682022Revenue 2023: $151,918Expenses 2023: $170,792Net Income 2023: -$18,8742023Revenue 2024: $196,873Expenses 2024: $204,160Net Income 2024: -$7,2872024

Highlighted filing

2020

Revenue$219,793
Expenses$233,065
Net Income-$13,272
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$231,189
Mission and Program Overview

Mission

Our mission is to develop a pathway to volunteering that enriches our lives and our communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$42,410$82,771▲ $40,361
Rtn Earn Endowment Incm Other Fnds$39,982$49,536▲ $9,554
Pledges and Grants Receivable-$2,000-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$42,410$84,771▲ $42,361
Liabilities
Other Liabilities$0$32,039▲ $32,039
Accounts Payable and Accrued Expenses$2,428$3,196▲ $768
Total Liabilities$2,428$35,235▲ $32,807
Net Assets / Fund Balance
Total Net Assets Fund Balance$39,982$49,536▲ $9,554
Total Liabilities and Net Assets / Fund Balance$42,410$84,771▲ $42,361
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah PetschonekExecutive DirectorFT$68,687$68,687

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$180,730
Program Service Revenue
$27,050
Investment Income
$166
Other Revenue
$11,847
All Other Contributions
$180,730
Change in Net Assets
$-13,272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$186,162
Other Expenses$46,903
Total Fundraising Expense$22,252
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$76,846$14,364$13,035$104,245
Current Officers, Directors, Trustees, and Key Employees$44,646$17,172$6,869$68,687
Occupancy-$30,305-$30,305
Payroll Taxes$9,294$2,413$1,523$13,230
Fees for Services Other$2,638$1,477$200$4,315
Information Technology-$2,858-$2,858
Office Expenses$51$1,611$200$1,862
Advertising$505$975$151$1,631
Insurance-$1,000-$1,000
Conferences and Meetings$716-$50$766
Other Expenses$31$466$200$497
All Other Expenses-$377$24$401
Total Functional Expenses$134,737$76,076$22,252$233,065
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,243
Fundraising Direct Expenses$11,396
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mix Odyssey$23,243$23,243$1,904$21,339
Total Events$23,243$23,243$11,396$11,847
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PPP LOAN`$32,039
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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

After the return is prepared by an independent accounting firm, the return is reviewed by the president and treasurer before submission to the irs.

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

The board requires that new board members review and agree with the organization's conflict of interest policy as the new members are elected. Any possible conflict of interest that arises is discussed by the board and voted upon; however, the board member involved in the potential conflict of interest may not vote on the matter.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and tax documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Volunteer Odyssey
EIN
46-2558894
Phone
9012091036
Address
111 S HIGHLAND ST PMB 413, MEMPHIS, TN 38111

Signing Officer

Name
Sarah Petschonek
Title
Executive Director
Phone
9012091036
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Petschonek
Formed
2014
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
2,934

Preparer

Firm
The Marston Group Plc
Address
1661 INTERNATIONAL DRIVE SUITE 250, MEMPHIS, TN 38120
Preparer
Susan M Lattimore
Phone
9017613003
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Prior period accounting adjustments made 22,826.

Raw XML AppendixShowing 400 of 433 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/Desc0IMPROVING AND PROMOTING VOTUNEERISM IN THE COMMUNITY BY PARTNERING INDIVIDUAL VOLUNTEERS WITH ORGANIZED CHARITIES. PROVIDING THE CHARITABLE ORGANIZATIONS WITH TOOLS AND KNOWLEDGE FOR LEVERAGING THE TALENTS AND TIME OF THE VOLUNTEERS. VOLUNTEER ODYSSEY ENGAGED 4,500 VOLUNTEERS AND PARTNERED WITH 50 NONPROFIT ORGANIZATIONS TO IMPROVE VOLUNTEERISM.
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0520
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt027050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt027050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0166
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0520
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0686
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0733866
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0207780
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0125603
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0116126
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0204247
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt080110
IRS990ScheduleA/Total509Grp/TotalAmt0733866
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0207946
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0126123
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0116126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0204247
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt080110
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0734552
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032039
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN`
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt032039
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011396
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MIX ODYSSEY
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt06217
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt06217
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023243
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023243
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023243
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023243
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011847
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01904
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01904
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03275
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03275
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFTER THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM, THE RETURN IS REVIEWED BY THE PRESIDENT AND TREASURER BEFORE SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REQUIRES THAT NEW BOARD MEMBERS REVIEW AND AGREE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AS THE NEW MEMBERS ARE ELECTED. ANY POSSIBLE CONFLICT OF INTEREST THAT ARISES IS DISCUSSED BY THE BOARD AND VOTED UPON; HOWEVER, THE BOARD MEMBER INVOLVED IN THE POTENTIAL CONFLICT OF INTEREST MAY NOT VOTE ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND TAX DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR PERIOD ACCOUNTING ADJUSTMENTS MADE 22,826.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt042410
IRS990/TotalAssetsEOYAmt084771
IRS990/TotalAssetsGrp/BOYAmt042410
IRS990/TotalAssetsGrp/EOYAmt084771
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0180730
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022252
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076076
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0134737
IRS990/TotalFunctionalExpensesGrp/TotalAmt0233065
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02428
IRS990/TotalLiabilitiesEOYAmt035235
IRS990/TotalLiabilitiesGrp/BOYAmt02428
IRS990/TotalLiabilitiesGrp/EOYAmt035235
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt039982
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt049536
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0134737
IRS990/TotalProgramServiceRevenueAmt027050
IRS990/TotalReportableCompFromOrgAmt068687
IRS990/TotalRevenueGrp/ExclusionAmt012013
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027050
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0219793
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02934
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt042410
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt084771
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0111 S HIGHLAND ST PMB 413
IRS990/USAddress/CityNm0MEMPHIS
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038111
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.VOLUNTEERODYSSEY.COM
IRS990/WhistleblowerPolicyInd00

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