Civic Intelligence

The 2Forks Club

EIN 46-4162607 • 501(c)3 • Carbondale, CO

Profile

Make loans to farmers that grow food for local consumption and who otherwise do not qualify for commercial bank financing.

PO Box 1147Carbondale, CO 81623

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

73rd percentile

19%

Higher net margin than 73% of similar nonprofits.

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

Top Officer Pay

89th percentile

$25,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 42.9% of source-year revenue.

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

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

13th percentile

-65%

Faster revenue growth than 13% of similar nonprofits.

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

Assets

Down

$0

Down $341,950 (-100%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$0

Down $341,950 (-100%) from 2019

Revenue

Down

$58,264

Down $107,899 (-65%) from 2019

Expenses

Down

$47,180

Down $3,566 (-7.0%) from 2019

Net Income

Down

$11,084

Down $104,333 (-90%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2017: $117,492Liabilities 2017: $0Net Assets 2017: $117,4922017Assets 2018: $226,533Liabilities 2018: $0Net Assets 2018: $226,5332018Assets 2019: $341,950Liabilities 2019: $0Net Assets 2019: $341,9502019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2017: $74,140Expenses 2017: $37,783Net Income 2017: $36,3572017Revenue 2018: $148,873Expenses 2018: $40,332Net Income 2018: $108,5412018Revenue 2019: $166,163Expenses 2019: $50,746Net Income 2019: $115,4172019Revenue 2020: $58,264Expenses 2020: $47,180Net Income 2020: $11,0842020

Highlighted filing

2020

Revenue$58,264
Expenses$47,180
Net Income$11,084

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 17, 2020
Return Version
2019v5.1
Gross Receipts
$58,264
Mission and Program Overview

Mission

Make Loans to Farmers That Grow Food For Local Consumption And Who Otherwise Do Not Qualif For Commercial Bank Financing

Program Services

DescriptionGrantsExpenses
Made loans of $177,000 during 2020 though June 30th. As of June 30, 2020 outstanding loans totaling $276,767 were transferred to The Farm Collaborative (a 501c3) as part of the dissolution process.$0$47,181
Educate the community regarding the benfits of loan food production through community seminars and a Thanksgiving dinner.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eden VardyPresidentPT$25,000-$25,000
Filing and Contact Details

Filer

Filer Name
The 2Forks Club
EIN
46-4162607
Phone
9703792323
Address
PO Box 1147, Carbondale, CO 81623

Signing Officer

Name
Eden Vardy
Title
President
Phone
9703792323
Signed
2020-08-17
Discuss with paid preparer
Yes

Preparer

Firm
James P Heelan CPA Pc
Address
100 Elk Run Dr Ste 103, Basalt, CO 81621
Preparer
James P Heelan CPA
Phone
9709276800
Supplemental Narrative

Additional Explanations

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

Description: Event Expense. Amount: 5,000. Description: Insurance. Amount: 1,698. Description: Four Corners Slow Money. Amount: 13,932. Description: Legal & Professional. Amount: 1,250. Description: Office Supplies. Amount: 270. Description: Taxes & License. Amount: 10. Description: Meals & Entertainment. Amount: 20. Total to Form 990-EZ, line 16: 22,180.

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

Description: Dissolution - Distribution of Assets to The Farm Collaborative an IRC 501c3 . Amount: -353,034.

Form 990-EZ

This Form 990-EZ is a short year final return for the period beginning January 1, 2020 and ending June 30, 2020. The due date of the return is November 15, 2020. All information for "2020", the period beginning January 1, 2020 and ending June 30, 2020 is reported on this 2019 Form 990-EZ and accompanying schdeules and statements. Prior year information for the 5 year support test and other items are all one year forward of what is stated on the form, due to the short year final tax return. So figures or answers related to "2018" are actually 2019 - as 2019 is the prior year to the short year 2020 final tax return, as 2018 was the year prior to the 2019 return.

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

Description: Loans Outstanding. Beg. of Year Amount: 168,100. End of Year Amount: 0.

Raw XML Appendix181 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Educate the community regarding the benfits of loan food production through community seminars and a Thanksgiving dinner.
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt058264
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.2forks.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt058264
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0166163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0148873
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt074400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt025505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0473205
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.35120
IRS990ScheduleA/PublicSupportPY170Pct00.35100
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0473205
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
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IRS990ScheduleN/DirectorOfSuccessorInd01
IRS990ScheduleN/EmployeeOfSuccessorInd01
IRS990ScheduleN/LiabilitiesPaidInd00
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1Loans Receivable
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0The Farm Collaborative
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1The Farm Collaborative
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1PO Box 8064
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IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0Person(s) Involved: Eden Vardy
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1Explanation of Involvement: Eden Vardy was the Executive Director of both The 2Forks Clubs & The Farm Collaborative. As both organizations had similar missions there was the opportunity to combine The 2Forks Club with the Farm Collaborative and reduce overhead costs and simplify operations. No additional benefits were provided to Eden or anyone else involved with the dissolution.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2e:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 2e:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Event Expense. Amount: 5,000. Description: Insurance. Amount: 1,698. Description: Four Corners Slow Money. Amount: 13,932. Description: Legal & Professional. Amount: 1,250. Description: Office Supplies. Amount: 270. Description: Taxes & License. Amount: 10. Description: Meals & Entertainment. Amount: 20. Total to Form 990-EZ, line 16: 22,180.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Dissolution - Distribution of Assets to The Farm Collaborative an IRC 501c3 . Amount: -353,034.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2This Form 990-EZ is a short year final return for the period beginning January 1, 2020 and ending June 30, 2020. The due date of the return is November 15, 2020. All information for "2020", the period beginning January 1, 2020 and ending June 30, 2020 is reported on this 2019 Form 990-EZ and accompanying schdeules and statements. Prior year information for the 5 year support test and other items are all one year forward of what is stated on the form, due to the short year final tax return. So figures or answers related to "2018" are actually 2019 - as 2019 is the prior year to the short year 2020 final tax return, as 2018 was the year prior to the 2019 return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Loans Outstanding. Beg. of Year Amount: 168,100. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 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/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09703792323
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The 2Forks Club
ReturnHeader/Filer/BusinessNameControlTxt02FOR
ReturnHeader/Filer/EIN0464162607
ReturnHeader/Filer/PhoneNum09703792323
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1147
ReturnHeader/Filer/USAddress/CityNm0Carbondale
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ReturnHeader/FilingSecurityInformation/IPDt02020-08-17
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ReturnHeader/FilingSecurityInformation/IPTm013:14:49
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822047681
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES P HEELAN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 Elk Run Dr Ste 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Basalt
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd081621
ReturnHeader/PreparerPersonGrp/PhoneNum09709276800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James P Heelan CPA
ReturnHeader/ReturnTs02020-11-11T12:18:19-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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