Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.06x
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 57.4% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
70th percentile
Faster revenue growth than 70% of similar nonprofits.
Balance Sheet
Assets
Up$51,634
Up $14,818 (+40%) from 2018
Net Assets
Up$48,302
Up $13,818 (+40%) from 2018
Liabilities
Up$3,332
Up $1,000 (+43%) from 2018
Revenue And Expenses
Revenue
Up$153,200
Up $22,716 (+17%) from 2018
Expenses
Up$139,382
Up $28,502 (+26%) from 2018
Net Income
Down$13,818
Down $5,786 (-30%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Feb 24, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $155,242
Mission and Program Overview
Mission
MINISTRY
Program Services
| Description | Grants | Expenses |
|---|---|---|
| MINISTRY | $141,426 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID W RICHARDSON JR | President & CEO | FT | $44,000 | $43,964 | $87,964 |
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
- 2020-02-24
- 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 $1564”
Other Expenses.1002
“Office Expenses $1422”
Other Expenses.1005
“Travel $1315”
Other Expenses.1007
“Conferences, Conventions, and Meetings $204”
Other Expenses.1009
“Depreciation $440”
Other Expenses.1
“AUTO EXPENSE $2132”
Other Expenses.2
“BANK FEES $1973”
Other Expenses.3
“TAXES & LICENSES $1167”
Other Expenses.4
“Computer & internet expense $1010”
Other Expenses.5
“TELEPHONE $949”
Other Expenses.6
“Meals & entertainment $677”
Other Expenses.9
“SUPPLIES $116”
Other Expenses.10
“WEBSITE $47”
Other Expenses.11
“DUES & SUBSCRIPTIONS $34”
Other Expenses.12
“MISCELLANEOUS $20”
Other Assets.1003
“Machinery and Equipment - Beginning $1099 Machinery and Equipment - Ending $659”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $100 Payable to Officers, Directors, Etc. - Ending $100”
Total Liabilities.1
“CREDIT CARD PAYABLE - Beginning $2127 CREDIT CARD PAYABLE - Ending $2961”
Total Liabilities.2
“PAYROLL TAXES PAYABLE - Beginning $98 PAYROLL TAXES PAYABLE - Ending $244”
Total Liabilities.3
“SALES TAX PAYABLE - Beginning $7 SALES TAX PAYABLE - Ending $27”
Raw XML Appendix183 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DAVID W RICHARDSON JR |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7708911994 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 3463 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PEACHTREE CITY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30369 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 35717 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 50975 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 154090 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 2042 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 13818 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5001 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 36816 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 51634 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | -890 |
| IRS990EZ/GrossReceiptsAmt | 0 | 155242 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 1152 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 34484 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 48302 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 34484 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 48302 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 44000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 43964 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DAVID W RICHARDSON JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President & CEO |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1099 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 659 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 13070 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | MINISTRY |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 832 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MINISTRY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 141426 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 120479 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2332 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3332 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 139382 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 141426 |
| IRS990EZ/TotalRevenueAmt | 0 | 153200 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 154090 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 129785 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 115047 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 113681 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 101230 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 613833 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 1152 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 1304 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 4522 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 2241 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 9219 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 5 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 623052 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 155242 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 131089 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 119569 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 115922 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 101230 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 623052 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 155242 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 131089 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 119572 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 115924 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 101230 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 623057 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $1564 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $1422 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $1315 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Conferences, Conventions, and Meetings $204 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Depreciation $440 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | AUTO EXPENSE $2132 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | BANK FEES $1973 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | TAXES & LICENSES $1167 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | COMPUTER & INTERNET EXPENSE $1010 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | TELEPHONE $949 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | MEALS & ENTERTAINMENT $677 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | SUPPLIES $116 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | WEBSITE $47 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | DUES & SUBSCRIPTIONS $34 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | MISCELLANEOUS $20 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Machinery and Equipment - Beginning $1099 Machinery and Equipment - Ending $659 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Payable to Officers, Directors, Etc. - Beginning $100 Payable to Officers, Directors, Etc. - Ending $100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | CREDIT CARD PAYABLE - Beginning $2127 CREDIT CARD PAYABLE - Ending $2961 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | PAYROLL TAXES PAYABLE - Beginning $98 PAYROLL TAXES PAYABLE - Ending $244 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 19 | SALES TAX PAYABLE - Beginning $7 SALES TAX PAYABLE - Ending $27 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Expenses.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Total Liabilities.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 19 | Total Liabilities.3 |
| ReturnHeader/BuildTS | 0 | 2020-09-23 17:36:50Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID W RICHARDSON JR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President & CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-02-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ASSUMPTIONS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ASSU |
| ReturnHeader/Filer/EIN | 0 | 472919281 |
| ReturnHeader/Filer/PhoneNum | 0 | 7708911994 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 3463 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PEACHTREE CITY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30269 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 582489979 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Van Huss Hogan McCurry & Associates |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 105 Kathi Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Fayetteville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30214 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7704619743 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | J Randy McCurry |
| ReturnHeader/ReturnTs | 0 | 2020-02-25T13:37:10-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $51,634
- Liabilities
- $3,332
- Net assets
- $48,302
- Revenue
- $153,200
- Expenses
- $139,382
- Net income
- $13,818