Civic Intelligence

Assumptions Inc.

990EZ • Fiscal year 2020 • EIN 47-2919281

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

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

86th percentile

0.40x

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

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

Liabilities / Revenue

83rd percentile

0.19x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

35th percentile

-3.1%

Higher net margin than 35% of similar nonprofits.

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

Top Officer Pay

98th percentile

$97,107

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 63.7% of source-year revenue.

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

Asset Growth

77th percentile

40%

Faster asset growth than 77% of similar nonprofits.

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

Revenue Growth

63rd percentile

-0.5%

Faster revenue growth than 63% of similar nonprofits.

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

Assets

Up

$72,477

Up $20,843 (+40%) from 2019

Net Assets

Down

$43,525

Down $4,777 (-9.9%) from 2019

Liabilities

Up

$28,952

Up $25,620 (+769%) from 2019

Revenue

Down

$152,466

Down $734 (-0.5%) from 2019

Expenses

Up

$157,243

Up $17,861 (+13%) from 2019

Net Income

Down

-$4,777

Down $18,595 (-135%) from 2019

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

2020

Assets$72,477
Liabilities$28,952
Net Assets$43,525

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

2020

Revenue$152,466
Expenses$157,243
Net Income-$4,777
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.0
Gross Receipts
$152,466
Mission and Program Overview

Mission

MINISTRY

Program Services

DescriptionGrantsExpenses
MINISTRY$157,241-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID W RICHARDSON JRPresident & CEOFT$44,000$53,107$97,107
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
2021-05-17
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 $783

Other Expenses.1002

Office Expenses $813

Other Expenses.1005

Travel $893

Other Expenses.1007

Conferences, Conventions, and Meetings $386

Other Expenses.1009

Depreciation $280

Other Expenses.1

BANK FEES $1761

Other Expenses.2

Computer & internet expense $1760

Other Expenses.3

OUTSIDE SERVICES $1500

Other Expenses.4

TELEPHONE $1003

Other Expenses.6

AUTO EXPENSE $378

Other Expenses.7

Meals & entertainment $327

Other Expenses.8

MISCELLANEOUS $65

Other Expenses.9

TAXES & LICENSES $63

Other Assets.1003

Machinery and Equipment - Beginning $659 Machinery and Equipment - Ending $378

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $100 Payable to Officers, Directors, Etc. - Ending $1524

Total Liabilities.1008

Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $26100

Total Liabilities.1

CREDIT CARD PAYABLE - Beginning $2961 CREDIT CARD PAYABLE - Ending $1068

Total Liabilities.2

PAYROLL TAXES PAYABLE - Beginning $244 PAYROLL TAXES PAYABLE - Ending $241

Total Liabilities.3

SALES TAX PAYABLE - Beginning $27 SALES TAX PAYABLE - Ending $19

Raw XML Appendix193 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $783
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $813
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $893
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $386
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation $280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK FEES $1761
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPUTER & INTERNET EXPENSE $1760
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OUTSIDE SERVICES $1500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TELEPHONE $1003
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9AUTO EXPENSE $378
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MEALS & ENTERTAINMENT $327
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11MISCELLANEOUS $65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TAXES & LICENSES $63
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Payable to Officers, Directors, Etc. - Beginning $100 Payable to Officers, Directors, Etc. - Ending $1524
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $26100
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID W RICHARDSON JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSUMPTIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0ASSU
ReturnHeader/Filer/EIN0472919281
ReturnHeader/Filer/PhoneNum07708911994
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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
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ReturnHeader/PreparerPersonGrp/PhoneNum07704619743
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J Randy McCurry
ReturnHeader/ReturnTs02021-05-17T07:27:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RICHARDSON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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