Civic Intelligence

Assumptions Inc.

990EZ • Fiscal year 2018 • EIN 47-2919281

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 06, 2019

PO Box 3463Peachtree City, GA 30269

(770) 891-1994

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

98th percentile

$93,702

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 71.8% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

91st percentile

97%

Faster asset growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$36,816

Up $18,112 (+97%) from 2017

Net Assets

Up

$34,484

Up $19,604 (+132%) from 2017

Liabilities

Down

$2,332

Down $1,492 (-39%) from 2017

Revenue

Up

$130,484

Up $12,058 (+10%) from 2017

Expenses

Down

$110,880

Down $3,500 (-3.1%) from 2017

Net Income

Up

$19,604

Up $15,558 (+385%) from 2017

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2015: $28,523Liabilities 2015: $9802015Assets 2016: $13,898Liabilities 2016: $3,0642016Assets 2017: $18,704Liabilities 2017: $3,824Net Assets 2017: $14,8802017Assets 2018: $36,816Liabilities 2018: $2,332Net Assets 2018: $34,4842018Assets 2019: $51,634Liabilities 2019: $3,332Net Assets 2019: $48,3022019Assets 2020: $72,477Liabilities 2020: $28,952Net Assets 2020: $43,5252020Assets 2021: $86,014Liabilities 2021: $6,727Net Assets 2021: $79,2872021Assets 2022: $83,826Liabilities 2022: $4,895Net Assets 2022: $78,9312022Assets 2023: $40,599Liabilities 2023: $4,276Net Assets 2023: $36,3232023Assets 2024: $26,292Liabilities 2024: $7,103Net Assets 2024: $19,1892024

Highlighted filing

2018

Assets$36,816
Liabilities$2,332
Net Assets$34,484

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $101,230Expenses 2015: $73,687Net Income 2015: $27,5432015Revenue 2016: $114,774Expenses 2016: $131,483Net Income 2016: -$16,7092016Revenue 2017: $118,426Expenses 2017: $114,380Net Income 2017: $4,0462017Revenue 2018: $130,484Expenses 2018: $110,880Net Income 2018: $19,6042018Revenue 2019: $153,200Expenses 2019: $139,382Net Income 2019: $13,8182019Revenue 2020: $152,466Expenses 2020: $157,243Net Income 2020: -$4,7772020Revenue 2021: $198,641Expenses 2021: $162,879Net Income 2021: $35,7622021Revenue 2022: $187,679Expenses 2022: $188,035Net Income 2022: -$3562022Revenue 2023: $179,508Expenses 2023: $222,116Net Income 2023: -$42,6082023Revenue 2024: $144,955Expenses 2024: $162,089Net Income 2024: -$17,1342024

Highlighted filing

2018

Revenue$130,484
Expenses$110,880
Net Income$19,604
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 6, 2019
Return Version
2018v3.1
Gross Receipts
$131,090
Mission and Program Overview

Mission

MINISTRY

Program Services

DescriptionGrantsExpenses
MINISTRY$111,485-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID W RICHARDSON JRPresident & CEOFT$44,000$49,702$93,702
Filing and Contact Details

Filer

Filer Name
Assumptions Inc
EIN
47-2919281
Phone
7708911994
Address
PO BOX 3463, PEACHTREE CITY, GA 30269

Signing Officer

Name
David W Richardson Jr
Title
President & CEO
Signed
2019-03-06
Discuss with paid preparer
Yes

Preparer

Firm
Van Huss Hogan McCurry & Associates
Address
105 Kathi Ave, Fayetteville, GA 30214
Preparer
J Randy McCurry
Phone
7704619743
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $2007

Other Expenses.1002

Office Expenses $1224

Other Expenses.1005

Travel $1409

Other Expenses.1007

Conferences, Conventions, and Meetings $150

Other Expenses.1009

Depreciation $180

Other Expenses.1

BANK FEES $2358

Other Expenses.2

AUTO EXPENSE $1437

Other Expenses.3

Computer & internet expense $1252

Other Expenses.4

Meals & entertainment $1105

Other Expenses.5

TELEPHONE $676

Other Expenses.6

WEBSITE $652

Other Expenses.8

MISCELLANEOUS $62

Other Expenses.9

TAXES & LICENSES $30

Other Expenses.10

DUES & SUBSCRIPTIONS $7

Other Assets.1003

Machinery and Equipment - Beginning $329 Machinery and Equipment - Ending $1099

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $1605 Payable to Officers, Directors, Etc. - Ending $100

Total Liabilities.1

CREDIT CARD PAYABLE - Beginning $2089 CREDIT CARD PAYABLE - Ending $2127

Total Liabilities.2

PAYROLL TAXES PAYABLE - Beginning $127 PAYROLL TAXES PAYABLE - Ending $98

Total Liabilities.3

SALES TAX PAYABLE - Beginning $3 SALES TAX PAYABLE - Ending $7

Raw XML Appendix177 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/BooksInCareOfDetail/USAddress/CityNm0PEACHTREE CITY
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IRS990EZ/RelatedOrgSect527OrgInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0110880
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IRS990EZ/TotalRevenueAmt0130484
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0119569
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0131089
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0101230
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0467815
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2007
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1224
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $1409
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation $180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK FEES $2358
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AUTO EXPENSE $1437
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPUTER & INTERNET EXPENSE $1252
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEALS & ENTERTAINMENT $1105
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TELEPHONE $676
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10WEBSITE $652
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11MISCELLANEOUS $62
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TAXES & LICENSES $30
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13DUES & SUBSCRIPTIONS $7
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Machinery and Equipment - Beginning $329 Machinery and Equipment - Ending $1099
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Payable to Officers, Directors, Etc. - Beginning $1605 Payable to Officers, Directors, Etc. - Ending $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16CREDIT CARD PAYABLE - Beginning $2089 CREDIT CARD PAYABLE - Ending $2127
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17PAYROLL TAXES PAYABLE - Beginning $127 PAYROLL TAXES PAYABLE - Ending $98
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18SALES TAX PAYABLE - Beginning $3 SALES TAX PAYABLE - Ending $7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Total Liabilities.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Total Liabilities.3
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID W RICHARDSON JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSUMPTIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0ASSU
ReturnHeader/Filer/EIN0472919281
ReturnHeader/Filer/PhoneNum07708911994
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3463
ReturnHeader/Filer/USAddress/CityNm0PEACHTREE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030269
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582489979
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Van Huss Hogan McCurry & Associates
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0105 Kathi Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fayetteville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030214
ReturnHeader/PreparerPersonGrp/PhoneNum07704619743
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J Randy McCurry
ReturnHeader/ReturnTs02019-03-06T13:03:09-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings