Civic Intelligence

Gwac Foundation Inc.

990EZ • Fiscal year 2012 • EIN 52-1871143

Jan 01, 2012 to Dec 31, 2012 • Filed on Jan 13, 2015

PO Box 7518320013
Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

68th percentile

0.02x

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

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

10th percentile

-38%

Higher net margin than 10% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

45th percentile

-0.7%

Faster asset growth than 45% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

12th percentile

-39%

Faster revenue growth than 12% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Assets

Down

$150,091

Down $1,025 (-0.7%) from 2011

Net Assets

$149,683

No earlier filing loaded for comparison.

Liabilities

Down

$408

Down $1,996 (-83%) from 2011

Revenue

Down

$23,950

Down $15,455 (-39%) from 2011

Expenses

Up

$32,979

Up $11,191 (+51%) from 2011

Net Income

Down

-$9,029

Down $26,646 (-151%) from 2011

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $101,551Net Assets 2010: $101,5512010Assets 2011: $151,116Liabilities 2011: $2,4042011Assets 2012: $150,091Liabilities 2012: $408Net Assets 2012: $149,6832012Assets 2020: $174,443Liabilities 2020: $0Net Assets 2020: $174,4432020

Highlighted filing

2012

Assets$150,091
Liabilities$408
Net Assets$149,683

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $12,341Expenses 2010: $19,189Net Income 2010: -$6,8482010Revenue 2011: $39,405Expenses 2011: $21,788Net Income 2011: $17,6172011Revenue 2012: $23,950Expenses 2012: $32,979Net Income 2012: -$9,0292012Revenue 2020: $106,753Expenses 2020: $9,930Net Income 2020: $96,8232020

Highlighted filing

2012

Revenue$23,950
Expenses$32,979
Net Income-$9,029
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jan 13, 2015
Return Version
2012v3.0
Mission and Program Overview

Mission

Empowering african american community

Filing and Contact Details

Filer

EIN
52-1871143
Raw XML Appendix214 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
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IRS990EZ/CashSavingsAndInvestments/BOY059804
IRS990EZ/CashSavingsAndInvestments/EOY063302
IRS990EZ/ContributionsGiftsGrantsEtc023509
IRS990EZ/CostOfGoodsSold00
IRS990EZ/CostOtherBasisAndSalesExpenses00
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear0-9029
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/Form720Filed0false
IRS990EZ/FundraisingGrossIncome018741
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IRS990EZ/GrossReceipts042250
IRS990EZ/GrossReceiptsForPublicUse00
IRS990EZ/GrossReceiptsLessThan250000X
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IRS990EZ/LandAndBuildings/BOY082191
IRS990EZ/LandAndBuildings/EOY078774
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingCash0X
IRS990EZ/NetAssetsOrFundBalances/BOY0148712
IRS990EZ/NetAssetsOrFundBalancesBOY0148712
IRS990EZ/NetAssetsOrFundBalances/EOY0149683
IRS990EZ/NetAssetsOrFundBalancesEOY0149683
IRS990EZ/OccupancyRentUtilitiesAndMaint012919
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition01.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition15.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition22.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition35.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0Tracey L Mullins
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1Cory Chandler
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2Tonya Sapp
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3Cheryl L Ziegler
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0Secretary
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1Treasurer
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2Vice Chairperso
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3Chairperson
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationFiled990T0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherAssetsTotal/BOY09756
IRS990EZ/OtherAssetsTotal/EOY08015
IRS990EZ/OtherChangesInNetAssets010000
IRS990EZ/OtherExpensesTotal09859
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0CHARITABLE
IRS990EZ/PrintingPublicationsPostage0201
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0CHARLOTTE E. RAY AWARD
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations01235
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/RelatedOrgSection527Org0false
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/SpecialEventsDirectExpenses018300
IRS990EZ/SpecialEventsNetIncomeLoss0441
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY03039
IRS990EZ/SumOfTotalLiabilities/EOY0408
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1087 - 54th Street
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0Washington
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0DC
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode020019
IRS990EZ/TheBooksAreInCareOf/NamePerson0Cory Chandler
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber03014201954
IRS990EZ/TotalAssets/BOY0151751
IRS990EZ/TotalAssets/EOY0150091
IRS990EZ/TotalExpenses032979
IRS990EZ/TotalProgramServiceExpenses01235
IRS990EZ/TotalRevenue023950
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0N/A
IRS990ScheduleA/AmtsFromSubstContributors/Total00
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total00
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear023509
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year033901
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years09307
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years01200
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years025825
IRS990ScheduleA/GiftsGrantsContribReceived509/Total093742
IRS990ScheduleA/GrossInvestmentIncome509/Total00
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear018741
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year024961
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years022639
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years026139
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total092480
IRS990ScheduleA/GrossReceiptsFromNonUBI/Total00
IRS990ScheduleA/InvestmentIncomePercentage00.00000
IRS990ScheduleA/NetIncomeFromOtherUBI/Total00
IRS990ScheduleA/OtherIncome509/Total00
IRS990ScheduleA/Post1975UBTI/Total00
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50901.00000
IRS990ScheduleA/PublicSupportTotal5090186222
IRS990ScheduleA/TaxRevLeviedForOrgBenefit509/Total00
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear042250
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year058862
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years031946
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years01200
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years051964
IRS990ScheduleA/Total509/Total0186222
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear042250
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year058862
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years031946
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years01200
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years051964
IRS990ScheduleA/TotalSupportTotal/Total0186222
IRS990ScheduleA/ValueOfSvcsFcltsFurnishdByGovt/Total00
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents018300
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1018741
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal018741
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1018741
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents018741
IRS990ScheduleG/EventsInformation/NameOfEvent10Auction
IRS990ScheduleG/EventsInformation/NetIncomeSummary0441
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent106736
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents06736
IRS990ScheduleG/EventsInformation/RentFacilityCostsEvent1011564
IRS990ScheduleG/EventsInformation/RentFacilityCostsTotalEvents011564
IRS990ScheduleO/GeneralExplanation/Explanation0Accounts Payable and Accrued Expenses - Beginning $3039 Accounts Payable and Accrued Expenses - Ending $408
IRS990ScheduleO/GeneralExplanation/Explanation1Miscellaneous - Beginning $3462 Miscellaneous - Ending $3335
IRS990ScheduleO/GeneralExplanation/Explanation2Machinery and Equipment - Beginning $1630 Machinery and Equipment - Ending $1060
IRS990ScheduleO/GeneralExplanation/Explanation3Furniture and Fixtures - Beginning $4664 Furniture and Fixtures - Ending $3620
IRS990ScheduleO/GeneralExplanation/Explanation4Other- $-50
IRS990ScheduleO/GeneralExplanation/Explanation5CC Finance Charge $10
IRS990ScheduleO/GeneralExplanation/Explanation6Bank Charges $28
IRS990ScheduleO/GeneralExplanation/Explanation7Investment Expense $50
IRS990ScheduleO/GeneralExplanation/Explanation8Licenses & Permits $120
IRS990ScheduleO/GeneralExplanation/Explanation9Gifts and Awards $230
IRS990ScheduleO/GeneralExplanation/Explanation10Meeting Expenses $514
IRS990ScheduleO/GeneralExplanation/Explanation11Miscellaneous $750
IRS990ScheduleO/GeneralExplanation/Explanation12Credit Card Fee $884
IRS990ScheduleO/GeneralExplanation/Explanation13Insurance $900
IRS990ScheduleO/GeneralExplanation/Explanation14Depreciation $5158
IRS990ScheduleO/GeneralExplanation/Explanation15Office Expenses $1265
IRS990ScheduleO/GeneralExplanation/Explanation16| Donee's Name: LIP PROGRAM | Cash Amount Given: $7500
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990-EZ, Part II, Line 26.1001
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990-EZ, Part II, Line 24.1004
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990-EZ, Part II, Line 24.1003
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990-EZ, Part II, Line 24.1002
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990-EZ, Part I, Line 16.10
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990-EZ, Part I, Line 16.9
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990-EZ, Part I, Line 16.8
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990-EZ, Part I, Line 16.7
IRS990ScheduleO/GeneralExplanation/Identifier8Form 990-EZ, Part I, Line 16.6
IRS990ScheduleO/GeneralExplanation/Identifier9Form 990-EZ, Part I, Line 16.4
IRS990ScheduleO/GeneralExplanation/Identifier10Form 990-EZ, Part I, Line 16.3
IRS990ScheduleO/GeneralExplanation/Identifier11Form 990-EZ, Part I, Line 16.2
IRS990ScheduleO/GeneralExplanation/Identifier12Form 990-EZ, Part I, Line 16.1
IRS990ScheduleO/GeneralExplanation/Identifier13Form 990-EZ, Part I, Line 16.1012
IRS990ScheduleO/GeneralExplanation/Identifier14Form 990-EZ, Part I, Line 16.1009
IRS990ScheduleO/GeneralExplanation/Identifier15Form 990-EZ, Part I, Line 16.1002
IRS990ScheduleO/GeneralExplanation/Identifier16Form 990-EZ, Part I, Line 10.3
IRS990ScheduleO/GeneralExplanation/ReturnReference0Total Liabilities.1001
IRS990ScheduleO/GeneralExplanation/ReturnReference1Other Assets.1004
IRS990ScheduleO/GeneralExplanation/ReturnReference2Other Assets.1003
IRS990ScheduleO/GeneralExplanation/ReturnReference3Other Assets.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference4Other Expenses.10
IRS990ScheduleO/GeneralExplanation/ReturnReference5Other Expenses.9
IRS990ScheduleO/GeneralExplanation/ReturnReference6Other Expenses.8
IRS990ScheduleO/GeneralExplanation/ReturnReference7Other Expenses.7
IRS990ScheduleO/GeneralExplanation/ReturnReference8Other Expenses.6
IRS990ScheduleO/GeneralExplanation/ReturnReference9Other Expenses.4
IRS990ScheduleO/GeneralExplanation/ReturnReference10Other Expenses.3
IRS990ScheduleO/GeneralExplanation/ReturnReference11Other Expenses.2
IRS990ScheduleO/GeneralExplanation/ReturnReference12Other Expenses.1
IRS990ScheduleO/GeneralExplanation/ReturnReference13Other Expenses.1012
IRS990ScheduleO/GeneralExplanation/ReturnReference14Other Expenses.1009
IRS990ScheduleO/GeneralExplanation/ReturnReference15Other Expenses.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference16Grants and Similar Amounts Paid In Excess of $5,000.3
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0521871143
ReturnHeader/Filer/Name/BusinessNameLine10GWAC Foundation Inc
ReturnHeader/Filer/NameControl0GWAC
ReturnHeader/Filer/USAddress/AddressLine10PO Box 75183
ReturnHeader/Filer/USAddress/City0Washington
ReturnHeader/Filer/USAddress/State0DC
ReturnHeader/Filer/USAddress/ZIPCode020013
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02015-01-13
ReturnHeader/Officer/Name0Cheryl L Ziegler
ReturnHeader/Officer/Title0Chairperson
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10A R Smith & Associates
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine105010 Sunnyside Avenue 101
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Beltsville
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode020705
ReturnHeader/Preparer/Name0Antony R Smith CPA
ReturnHeader/Preparer/Phone03014744994
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02015-01-13T14:01:22-08:00

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Filings