Civic Intelligence

Vector Space

990EZ • Fiscal year 2017 • EIN 47-3633116

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

3708 Sherwood PlaceLynchburg, VA 24503

(804) 387-1519

Siviq Scores

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

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

27th percentile

-6.8%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

80th percentile

$10,400

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$11,244

No earlier filing loaded for comparison.

Net Assets

$9,464

No earlier filing loaded for comparison.

Liabilities

$1,780

No earlier filing loaded for comparison.

Revenue

$96,505

No earlier filing loaded for comparison.

Expenses

$103,073

No earlier filing loaded for comparison.

Net Income

-$6,568

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $11,244Liabilities 2017: $1,780Net Assets 2017: $9,4642017Assets 2018: $51,243Liabilities 2018: $1,308Net Assets 2018: $49,9352018Assets 2019: $65,136Liabilities 2019: $1,237Net Assets 2019: $63,8992019Assets 2020: $137,346Liabilities 2020: $493Net Assets 2020: $136,8532020Assets 2021: $227,567Liabilities 2021: $301Net Assets 2021: $227,2662021Assets 2022: $474,124Liabilities 2022: $651Net Assets 2022: $473,4732022Assets 2023: $1,651,826Liabilities 2023: $954,886Net Assets 2023: $696,9402023Assets 2024: $1,488,541Liabilities 2024: $728,707Net Assets 2024: $759,8342024

Highlighted filing

2017

Assets$11,244
Liabilities$1,780
Net Assets$9,464

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $96,505Expenses 2017: $103,073Net Income 2017: -$6,5682017Revenue 2018: $170,174Expenses 2018: $130,206Net Income 2018: $39,9682018Revenue 2019: $156,479Expenses 2019: $150,197Net Income 2019: $6,2822019Revenue 2020: $236,410Expenses 2020: $160,464Net Income 2020: $75,9462020Revenue 2021: $278,361Expenses 2021: $191,887Net Income 2021: $86,4742021Revenue 2022: $452,413Expenses 2022: $206,206Net Income 2022: $246,2072022Revenue 2023: $625,651Expenses 2023: $402,184Net Income 2023: $223,4672023Revenue 2024: $436,637Expenses 2024: $373,743Net Income 2024: $62,8942024

Highlighted filing

2017

Revenue$96,505
Expenses$103,073
Net Income-$6,568
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$96,884
Mission and Program Overview

Mission

To build an open and collaborative community that fosters innovation, creativity, and the pursuit of science based knowledge.

See Schedule O

Program Services

DescriptionGrantsExpenses
Computer Build - is an after school program open to any high school student Both paid and scholarship spots were available continued on Schedule O$8,550$7,160
Happiness Project -After school program with students from Linkhorne Middle School Funded by the 21st Century Community Learning Centers grant by the US Dept of Education-Sch O-$961
MakerBootCamp --after school program for students at Dunbar Middle School Funded by the 21st Century Community Learning Centers grant by the US Dept of Educ See Sch O-$661
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elise SpontarelliExecutive DirectorPT$10,400-$10,400
Filing and Contact Details

Filer

Filer Name
Vector Space
EIN
47-3633116
Address
3708 Sherwood Place, Lynchburg, VA 24503

Signing Officer

Name
Elise Spontarelli
Title
Executive Direc
Phone
8043871519
Signed
2018-05-14
Discuss with paid preparer
Yes

Preparer

Firm
ABKramer Group
Address
627 Clearview Circle, Rustburg, VA 24588
Preparer
Audrey B Kramer
Phone
8884129031
Supplemental Narrative

Additional Explanations

General explanation attachment

Mission Statement: Vector Space is a makerspace and community workshop with the mission to build an open and collaborative community that fosters innovation, creativity, and the pursuit of science based knowledge. Part III - Service Accomplishments - Computer Build contd --The program was funded by Cognizants Making the Future grant. This program is designed to introduce students to the fundamental concepts of computer hardware and operating systems, similar to the topics covered by the CompTIA A+ certification, through a combination of instructor led training and hands-on application. The purpose of this project is to expose students to the inner workings of a computer and bridge the digital divide. Happiness Project Continued--students will identify problems or areas of discontent in our community and attempt to improve the situations. Students will be exposed to new tools and technologies, as well as mentors in various STEAM fields. Makers Boot Camp Continued -- students will learn a variety of skills from 3D design to 3D printing, woodworking, sewing, electronics, computer programming and more. Theyll use these newfound skills to build a sign for their school, incorporating all that theyve learned in a way that demands their creativity. The students will meet after school on Mondays and Wednesdays every week and will be led by two instructors.

Description of other revenue Part I line 8

Description AmountOther Revenue 909

Description of other expenses Part I line 16

Description AmountAdvertising 1,121Bank/Merchant Fees 1,345Dues & Subscriptions 2,182Event Expenses 3,104Insurance 550Miscellaneous 542Projects/Workshops 17,782Supplies 6,616Tools & Equipment(small) 11,613Travel & Meetings 225Payroll Tax 2,457

Other changes in net assets or fund balances Part I line 20

Description AmountPY Retained Earnings 16,032

Description of total liabilities Part II line 26

Category Beginning of Year End of YearPayroll Tax 0 260PayPal 0 1,520

Raw XML Appendix140 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/ExplanationTxt0Mission Statement: Vector Space is a makerspace and community workshop with the mission to build an open and collaborative community that fosters innovation, creativity, and the pursuit of science based knowledge. Part III - Service Accomplishments - Computer Build contd --The program was funded by Cognizants Making the Future grant. This program is designed to introduce students to the fundamental concepts of computer hardware and operating systems, similar to the topics covered by the CompTIA A+ certification, through a combination of instructor led training and hands-on application. The purpose of this project is to expose students to the inner workings of a computer and bridge the digital divide. Happiness Project Continued--students will identify problems or areas of discontent in our community and attempt to improve the situations. Students will be exposed to new tools and technologies, as well as mentors in various STEAM fields. Makers Boot Camp Continued -- students will learn a variety of skills from 3D design to 3D printing, woodworking, sewing, electronics, computer programming and more. Theyll use these newfound skills to build a sign for their school, incorporating all that theyve learned in a way that demands their creativity. The students will meet after school on Mondays and Wednesdays every week and will be led by two instructors.
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Filings