Civic Intelligence

The 007 Benefit Ltd

990EZ • Fiscal year 2023 • EIN 47-4146355

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 27, 2024

11921 Freedom Drive Ste 550Reston, VA 20190-5635

(703) 927-3734

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.16x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

0.17x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

87th percentile

40%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

85th percentile

50%

Faster asset growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

74th percentile

34%

Faster revenue growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$59,514

Up $19,905 (+50%) from 2022

Net Assets

Up

$49,955

Up $22,596 (+83%) from 2022

Liabilities

Down

$9,559

Down $2,691 (-22%) from 2022

Revenue

Up

$56,704

Up $14,431 (+34%) from 2022

Expenses

Down

$34,108

Down $11,004 (-24%) from 2022

Net Income

Up

$22,596

Up $25,435 (+896%) from 2022

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $5,612Liabilities 2016: $265Net Assets 2016: $5,3472016Assets 2017: $30,936Liabilities 2017: $298Net Assets 2017: $30,6382017Assets 2018: $32,166Liabilities 2018: $3,720Net Assets 2018: $28,4462018Assets 2019: $20,728Liabilities 2019: $3,639Net Assets 2019: $17,0892019Assets 2020: $36,070Liabilities 2020: $14,541Net Assets 2020: $21,5292020Assets 2021: $45,829Liabilities 2021: $15,631Net Assets 2021: $30,1982021Assets 2022: $39,609Liabilities 2022: $12,250Net Assets 2022: $27,3592022Assets 2023: $59,514Liabilities 2023: $9,559Net Assets 2023: $49,9552023Assets 2024: $54,430Liabilities 2024: $7,850Net Assets 2024: $46,5802024

Highlighted filing

2023

Assets$59,514
Liabilities$9,559
Net Assets$49,955

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $2,962Expenses 2015: $2,962Net Income 2015: $02015Revenue 2016: $95,099Expenses 2016: $89,752Net Income 2016: $5,3472016Revenue 2017: $64,387Expenses 2017: $39,096Net Income 2017: $25,2912017Revenue 2018: $62,813Expenses 2018: $65,005Net Income 2018: -$2,1922018Revenue 2019: $15,873Expenses 2019: $27,230Net Income 2019: -$11,3572019Revenue 2020: $30,541Expenses 2020: $26,101Net Income 2020: $4,4402020Revenue 2021: $38,373Expenses 2021: $29,704Net Income 2021: $8,6692021Revenue 2022: $42,273Expenses 2022: $45,112Net Income 2022: -$2,8392022Revenue 2023: $56,704Expenses 2023: $34,108Net Income 2023: $22,5962023Revenue 2024: $5,441Expenses 2024: $8,816Net Income 2024: -$3,3752024

Highlighted filing

2023

Revenue$56,704
Expenses$34,108
Net Income$22,596
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 27, 2024
Return Version
2023v4.0
Gross Receipts
$166,829
Mission and Program Overview

Mission

The 007 benefit ltd's mission is to provide funds for veteran's charities, raise the charity's awareness in the community, and honor the sacrifices of veterans, wounded warrior heroes, and military heroes in a public setting.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
The Ruyts Foundation, 2006 Lafayette Blvd Suite 204, Fredericksburg, VA 22401$25,000$25,000
Young Marines of the Marine Corps League, Inc., 9228 Harvest Oak Drive, Fredericksburg, VA 22407$500$500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THU STUBBSPresident-$0--
TINA DANTEVice President-$0--
LIRON SHARONTreasurer-$0--
JAY KRAILMilitary Liaison-$0--
JOSEPH ROTHENBERGCommunity Outreach-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$165,546$23,575$110,125$-86,550
Total Events$165,546$23,575$110,125$-86,550
Filing and Contact Details

Filer

Filer Name
7 Benefit Ltd
EIN
47-4146355
Phone
7039273734
Address
11921 FREEDOM DRIVE STE 550, Reston, VA 20190-5635

Signing Officer

Name
Liron Sharon
Title
Treasurer
Phone
7039273734
Signed
2024-02-27
Discuss with paid preparer
Yes

Preparer

Firm
The Bridge CPAs LLC
Address
5622 Columbia Pike Ste 202, Falls Church, VA 22041
Preparer
Nega H Teshome CPA
Phone
5712145460
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

Interest Income 993

Form 990-EZ, Part I, Line 10, Grants Paid

Activity GRANT, Grantee RYUTS FOUNDATION 2006 LAFAYETE BLVD. SUITE 204 FREDERICKSBURG VA 22401, Cash Grant 25,000, Relationship

Form 990-EZ, Part I, Line 16, Other Expenses

Conferences, conventions, and meetings 985

Form 990-EZ, Part I, Line 16, Other Expenses

Interest 1,109

Form 990-EZ, Part I, Line 16, Other Expenses

Supplies 235

Form 990-EZ, Part I, Line 16, Other Expenses

Advertising and Marketing 650

Form 990-EZ, Part I, Line 16, Other Expenses

Bank Service Charge 85

Form 990-EZ, Part I, Line 16, Other Expenses

Computer and Internet Expenses 774

Form 990-EZ, Part I, Line 16, Other Expenses

Due and subscription 1,020

Form 990-EZ, Part I, Line 16, Other Expenses

Insurance 612

Form 990-EZ, Part I, Line 16, Other Expenses

Business Licenses and Permits 225

Form 990-EZ, Part II, Line 26, Liabilities

OTHER LIABILITIES EIDL Beginning of year 10,250, End of year 9,559

Form 990-EZ, Part II, Line 26, Liabilities

OTHER LIABILITIES CREDIT CARD Beginning of year 2,000, End of year 0

Form 990-EZ, Part III, Line 28

Primary exempt purpose - the 7 benefit ltds mission is to provide funds for veterans charities, raise the charitys awareness in the community, and honor the sacrifices of veterans, wounded warrior heroes, and military heroes in a public setting.

Form 990-EZ, Part III, Line 28

Program service accomplishments each year, 7 benefit ltd choose a beneficiary veterans charity to receive donations for that year. We have done this for 13 years. We highlight their mission, and impact on improving quality of life, medical support, or dignity for veterans at an annual black tie gala. At this gala, wounded military heroes receive special recognition of their individual acts of valor, courage and duty. U.s. Service members from wwii, vietnam and present military campaigns or conflicts are honored.

Form 990-EZ, Part III, Line 28

7 benefit ltd partners with the u.s.department of defenses vietnam war commemoration to recognize vietnam veterans.

Form 990-EZ, Part III, Line 10

Grants paid activity grant, grantee young marines league, inc. 9228 harvest oak drive, fredericksburg va 22407, cash grant 500

Raw XML Appendix198 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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest Income 993
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity GRANT, Grantee RYUTS FOUNDATION 2006 LAFAYETE BLVD. SUITE 204 FREDERICKSBURG VA 22401, Cash Grant 25,000, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, conventions, and meetings 985
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest 1,109
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies 235
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertising and Marketing 650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Service Charge 85
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Computer and Internet Expenses 774
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Due and subscription 1,020
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Insurance 612
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Business Licenses and Permits 225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11OTHER LIABILITIES EIDL Beginning of year 10,250, End of year 9,559
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12OTHER LIABILITIES CREDIT CARD Beginning of year 2,000, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13PRIMARY EXEMPT PURPOSE - THE 7 BENEFIT LTDS MISSION IS TO PROVIDE FUNDS FOR VETERANS CHARITIES, RAISE THE CHARITYS AWARENESS IN THE COMMUNITY, AND HONOR THE SACRIFICES OF VETERANS, WOUNDED WARRIOR HEROES, AND MILITARY HEROES IN A PUBLIC SETTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14PROGRAM SERVICE ACCOMPLISHMENTS EACH YEAR, 7 BENEFIT LTD CHOOSE A BENEFICIARY VETERANS CHARITY TO RECEIVE DONATIONS FOR THAT YEAR. WE HAVE DONE THIS FOR 13 YEARS. WE HIGHLIGHT THEIR MISSION, AND IMPACT ON IMPROVING QUALITY OF LIFE, MEDICAL SUPPORT, OR DIGNITY FOR VETERANS AT AN ANNUAL BLACK TIE GALA. AT THIS GALA, WOUNDED MILITARY HEROES RECEIVE SPECIAL RECOGNITION OF THEIR INDIVIDUAL ACTS OF VALOR, COURAGE AND DUTY. U.S. SERVICE MEMBERS FROM WWII, VIETNAM AND PRESENT MILITARY CAMPAIGNS OR CONFLICTS ARE HONORED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt157 BENEFIT LTD PARTNERS WITH THE U.S.DEPARTMENT OF DEFENSES VIETNAM WAR COMMEMORATION TO RECOGNIZE VIETNAM VETERANS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16GRANTS PAID ACTIVITY GRANT, GRANTEE YOUNG MARINES LEAGUE, INC. 9228 HARVEST OAK DRIVE, FREDERICKSBURG VA 22407, CASH GRANT 500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990-EZ, Part III, Line 10
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Bridge CPAs LLC
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-02-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Nega H Teshome CPA
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ReturnHeader/ReturnTs02024-02-27T05:46:07-00:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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