Civic Intelligence

Assumptions Inc.

990EZ • Fiscal year 2021 • EIN 47-2919281

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 12, 2022

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

76th percentile

0.08x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

62nd percentile

18%

Higher net margin than 62% of similar nonprofits.

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

Top Officer Pay

91st percentile

$44,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 22.2% of source-year revenue.

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

Asset Growth

64th percentile

19%

Faster asset growth than 64% of similar nonprofits.

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

Revenue Growth

67th percentile

30%

Faster revenue growth than 67% of similar nonprofits.

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

Assets

Up

$86,014

Up $13,537 (+19%) from 2020

Net Assets

Up

$79,287

Up $35,762 (+82%) from 2020

Liabilities

Down

$6,727

Down $22,225 (-77%) from 2020

Revenue

Up

$198,641

Up $46,175 (+30%) from 2020

Expenses

Up

$162,879

Up $5,636 (+3.6%) from 2020

Net Income

Up

$35,762

Up $40,539 (+849%) from 2020

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

2021

Assets$86,014
Liabilities$6,727
Net Assets$79,287

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

2021

Revenue$198,641
Expenses$162,879
Net Income$35,762
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 12, 2022
Return Version
2021v4.0
Gross Receipts
$198,641
Mission and Program Overview

Mission

MINISTRY

Program Services

DescriptionGrantsExpenses
MINISTRY$162,879-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID W RICHARDSON JRPresident & CEOFT$44,000-$44,000
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
2022-04-12
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Other Expenses.1001

Advertising and Promotion $3163

Other Expenses.1002

Office Expenses $967

Other Expenses.1005

Travel $411

Other Expenses.1009

Depreciation $185

Other Expenses.1012

Insurance $4521

Other Expenses.1

Computer & internet expense $2392

Other Expenses.2

BANK FEES $1929

Other Expenses.3

TELEPHONE $1524

Other Expenses.4

OUTSIDE SERVICES $1400

Other Expenses.6

WEBSITE $266

Other Expenses.7

Meals & entertainment $162

Other Expenses.8

AUTO EXPENSE $99

Other Expenses.9

TAXES & LICENSES $30

Other Assets.1003

Machinery and Equipment - Beginning $378 Machinery and Equipment - Ending $193

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $1524 Payable to Officers, Directors, Etc. - Ending $101

Total Liabilities.1008

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

Total Liabilities.1

CREDIT CARD PAYABLE - Beginning $1068 CREDIT CARD PAYABLE - Ending $5582

Total Liabilities.2

RETIREMENT PLAN PAYABLE - Beginning $241 RETIREMENT PLAN PAYABLE - Ending $1044

Total Liabilities.3

SALES TAX PAYABLE - Beginning $19 SALES TAX PAYABLE - Ending $0

Raw XML Appendix191 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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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0757063
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $3163
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $967
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $411
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $4521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPUTER & INTERNET EXPENSE $2392
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK FEES $1929
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TELEPHONE $1524
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OUTSIDE SERVICES $1400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9WEBSITE $266
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MEALS & ENTERTAINMENT $162
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11AUTO EXPENSE $99
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TAXES & LICENSES $30
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Machinery and Equipment - Beginning $378 Machinery and Equipment - Ending $193
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Payable to Officers, Directors, Etc. - Beginning $1524 Payable to Officers, Directors, Etc. - Ending $101
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Unsecured Notes and Loans Payable - Beginning $26100 Unsecured Notes and Loans Payable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16CREDIT CARD PAYABLE - Beginning $1068 CREDIT CARD PAYABLE - Ending $5582
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.7
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Total Liabilities.2
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSUMPTIONS INC
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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/PreparerPersonNm0Nancy H Snyder
ReturnHeader/ReturnTs02022-04-12T17:11:29-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID W RICHARDSON
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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