Civic Intelligence

Coventry-Payne Foundation Inc.

990EZ • Fiscal year 2021 • EIN 46-3359080

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 10, 2022

Organization ProfileN/A
14 Seasons DrivePunta Gorda, FL 33983

(941) 391-5161

Siviq Scores

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

Liabilities / Assets

91st percentile

0.63x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

0.34x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

15th percentile

-33%

Higher net margin than 15% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

23rd percentile

-13%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

22nd percentile

-36%

Faster revenue growth than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$52,482

Down $53,514 (-50%) from 2020

Net Assets

$19,650

No earlier filing loaded for comparison.

Liabilities

Down

$32,832

Down $44,422 (-58%) from 2020

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin15th percentile

Revenue

Up

$96,261

Up $83,712 (+667%) from 2020

Expenses

Up

$127,881

Up $83,648 (+189%) from 2020

Net Income

Up

-$31,620

Up $64 (+0.2%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$150K$100K$50K$0-$50KAssets 2015: $55,792Liabilities 2015: $4,2462015Assets 2016: $71,160Liabilities 2016: $30,4132016Assets 2017: $49,703Liabilities 2017: $585Net Assets 2017: $49,1182017Assets 2018: $74,427Net Assets 2018: $74,4272018Assets 2019: $61,830Liabilities 2019: $3,176Net Assets 2019: $58,6542019Assets 2020: $105,996Liabilities 2020: $77,2542020Assets 2021: $52,482Liabilities 2021: $32,832Net Assets 2021: $19,6502021Assets 2022: $46,430Liabilities 2022: $24,827Net Assets 2022: $21,6032022Assets 2023: $39,838Liabilities 2023: $51,493Net Assets 2023: -$11,6552023

Highlighted filing

2021

Assets$52,482
Liabilities$32,832
Net Assets$19,650
Open 2021 Filing

Operations Trend

Revenue Growth22nd percentile

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

$200K$100K$0-$100KRevenue 2015: $195,161Expenses 2015: $143,615Net Income 2015: $51,5462015Revenue 2016: $182,360Expenses 2016: $193,159Net Income 2016: -$10,7992016Revenue 2017: $173,038Expenses 2017: $164,667Net Income 2017: $8,3712017Revenue 2018: $189,539Expenses 2018: $164,230Net Income 2018: $25,3092018Revenue 2019: $154,787Expenses 2019: $170,560Net Income 2019: -$15,7732019Revenue 2020: $12,549Expenses 2020: $44,233Net Income 2020: -$31,6842020Revenue 2021: $96,261Expenses 2021: $127,881Net Income 2021: -$31,6202021Revenue 2022: $140,582Expenses 2022: $149,482Net Income 2022: -$8,9002022Revenue 2023: $133,033Expenses 2023: $144,688Net Income 2023: -$11,6552023

Highlighted filing

2021

Revenue$96,261
Expenses$127,881
Net Income-$31,620
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 10, 2022
Return Version
2021v4.0
Gross Receipts
$96,261
Mission and Program Overview

Mission

Provide programs for children that build character, creativity and community

Program Services

DescriptionGrantsExpenses
PROVIDE PROGRAMS FOR CHILDREN THAT BUILD CHARACTER, CREATIVITY AND COMMUNITY--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAURIE COVENTRY PAYNEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Coventry-payne Foundation Inc
EIN
46-3359080
Phone
9413915161
Address
14 SEASONS DRIVE, PUNTA GORDA, FL 33983

Signing Officer

Name
Laurie Coventry Payne
Title
Executive Director
Signed
2022-03-10
Discuss with paid preparer
Yes

Preparer

Firm
Venture Management
Address
12421 SW Sheri Ave, Lake Suzy, FL 34269
Preparer
Donald E Coovert CPA
Phone
9412358721
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $667”

Other Expenses.1005

“Travel $1479”

Other Expenses.1009

“Depreciation $400”

Other Expenses.1

“Program and event expense $40177”

Other Expenses.2

“Legal and professional $16605”

Other Expenses.3

“Management and communication $13194”

Other Expenses.4

“MARKETING AND PR $2550”

Other Expenses.5

“Quality and assessment expense $490”

Other Assets.1002

“Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $2600”

Other Assets.1005

“Accounts Receivable - Beginning $21142 Accounts Receivable - Ending $0”

Total Liabilities.1

“- Beginning $0 - Ending $52125”

Total Liabilities.2

“- Beginning $0 - Ending $-19293”

Form 990-ez, Line 34

“The board of directors of the foundation at it's quarterly meeting january 20, 2021 elected to change the tax year form a fiscal year ending 6/30 to a calendar year ending 12/31. The change was made to better conform tax compliance with the normal business cycle. Accordingly, this is a short period return for the period beginning 7/1/20 through 12/31/20. Attached is the board resolution in question for your reference.”

Raw XML Appendix164 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LAURIE COVENTRY PAYNE
IRS990EZ/BooksInCareOfDetail/PhoneNum05857334323
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt014 SEASONS DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PUNTA GORDA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033983
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt084854
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt049882
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt096260
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-31620
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0105996
IRS990EZ/Form990TotalAssetsGrp/EOYAmt052482
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt096261
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt028742
IRS990EZ/NetAssetsOrFundBalancesEOYAmt019650
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt028742
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt019650
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LAURIE COVENTRY PAYNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt021142
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02600
IRS990EZ/OtherChangesInNetAssetsAmt022528
IRS990EZ/OtherExpensesTotalAmt075562
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE PROGRAMS FOR CHILDREN THAT BUILD CHARACTER, CREATIVITY AND COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE PROGRAMS FOR CHILDREN THAT BUILD CHARACTER, CREATIVITY AND COMMUNITY
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt052319
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt077254
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt032832
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0127881
IRS990EZ/TotalRevenueAmt096261
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt078966
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0185
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02913
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt08242
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt013665
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0103971
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0103971
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt078966
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0185
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02913
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt08242
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt013665
IRS990ScheduleA/Total509Grp/TotalAmt0103971
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt078966
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0185
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt08242
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt013665
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0103971
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $667
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $1479
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM AND EVENT EXPENSE $40177
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LEGAL AND PROFESSIONAL $16605
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MANAGEMENT AND COMMUNICATION $13194
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MARKETING AND PR $2550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7QUALITY AND ASSESSMENT EXPENSE $490
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $2600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Receivable - Beginning $21142 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10- Beginning $0 - Ending $52125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11- Beginning $0 - Ending $-19293
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12THE BOARD OF DIRECTORS OF THE FOUNDATION AT IT'S QUARTERLY MEETING JANUARY 20, 2021 ELECTED TO CHANGE THE TAX YEAR FORM A FISCAL YEAR ENDING 6/30 TO A CALENDAR YEAR ENDING 12/31. THE CHANGE WAS MADE TO BETTER CONFORM TAX COMPLIANCE WITH THE NORMAL BUSINESS CYCLE. ACCORDINGLY, THIS IS A SHORT PERIOD RETURN FOR THE PERIOD BEGINNING 7/1/20 THROUGH 12/31/20. ATTACHED IS THE BOARD RESOLUTION IN QUESTION FOR YOUR REFERENCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12FORM 990-EZ, LINE 34
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURIE COVENTRY PAYNE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COVENTRY-PAYNE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0COVE
ReturnHeader/Filer/EIN0463359080
ReturnHeader/Filer/PhoneNum09413915161
ReturnHeader/Filer/USAddress/AddressLine1Txt014 SEASONS DRIVE
ReturnHeader/Filer/USAddress/CityNm0PUNTA GORDA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033983
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474706806
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Venture Management
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012421 SW Sheri Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lake Suzy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034269
ReturnHeader/PreparerPersonGrp/PhoneNum09412358721
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Donald E Coovert CPA
ReturnHeader/ReturnTs02022-03-09T21:21:14-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LAURIE COVENTRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PAYNE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,482
Liabilities
$32,832
Net assets
$19,650
Revenue
$96,261
Expenses
$127,881
Net income
-$31,620
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.51$0.12$1.33$1.45$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.46$0.25$0.22$1.41$1.49$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.52$0.33$0.20$0.96$1.28$0.32
2020Summary only. Only limited summary data is available for this year.$1.06$0.77$0.13$0.44$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.03$0.59$1.55$1.71$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.74$0.74$1.90$1.64$0.25
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$1.73$1.65$0.08
2016Summary only. Only limited summary data is available for this year.$0.71$0.30$1.82$1.93$0.11
2015Summary only. Only limited summary data is available for this year.$0.56$0.04$1.95$1.44$0.52