Civic Intelligence

Second Look Capital Inc.

990EZ • Fiscal year 2014 • EIN 54-1751193

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization Profilewww.vcdlf.org
2317 WESTWOOD AVENUE No 204Richmond, VA 23230

(804) 340-1988

Siviq Scores

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

Liabilities / Assets

89th percentile

0.53x

Higher debt load relative to assets than 89% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

2.45x

Higher debt load relative to revenue than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

10th percentile

-37%

Higher net margin than 10% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

96th percentile

$68,202

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 87.6% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

24th percentile

-14%

Faster asset growth than 24% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

90th percentile

78%

Faster revenue growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$362,067

Down $60,393 (-14%) from 2013

Net Assets

Down

$171,470

Down $56,195 (-25%) from 2013

Liabilities

Down

$190,597

Down $4,198 (-2.2%) from 2013

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin10th percentile

Revenue

Up

$77,843

Up $33,997 (+78%) from 2013

Expenses

Down

$106,259

Down $2,930 (-2.7%) from 2013

Net Income

Up

-$28,416

Up $36,927 (+57%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $1,069,701Liabilities 2010: $576,057Net Assets 2010: $493,6442010Assets 2011: $1,361,173Liabilities 2011: $562,613Net Assets 2011: $798,5602011Assets 2012: $553,574Liabilities 2012: $260,567Net Assets 2012: $293,0072012Assets 2013: $422,460Liabilities 2013: $194,795Net Assets 2013: $227,6652013Assets 2014: $362,067Liabilities 2014: $190,597Net Assets 2014: $171,4702014Assets 2015: $225,147Liabilities 2015: $141,195Net Assets 2015: $83,9522015Assets 2016: $201,281Liabilities 2016: $140,361Net Assets 2016: $60,9202016Assets 2017: $83,074Liabilities 2017: $8,6772017

Highlighted filing

2014

Assets$362,067
Liabilities$190,597
Net Assets$171,470
Open 2014 Filing

Operations Trend

Revenue Growth90th percentile

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

$600K$400K$200K$0-$200K-$400KRevenue 2010: $151,367Expenses 2010: $404,056Net Income 2010: -$252,6892010Revenue 2011: $475,040Expenses 2011: $170,124Net Income 2011: $304,9162011Expenses 2012: $113,8692012Revenue 2013: $43,846Expenses 2013: $109,189Net Income 2013: -$65,3432013Revenue 2014: $77,843Expenses 2014: $106,259Net Income 2014: -$28,4162014Revenue 2015: $74,817Expenses 2015: $157,532Net Income 2015: -$82,7152015Revenue 2016: $130,971Expenses 2016: $154,003Net Income 2016: -$23,0322016Revenue 2017: $13,787Expenses 2017: $135,001Net Income 2017: -$121,2142017

Highlighted filing

2014

Revenue$77,843
Expenses$106,259
Net Income-$28,416
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$77,843
Mission and Program Overview

Mission

Organized for the purpose of assisting entrepreneurs in the operation and success of small and minority owned businesses that will result in the opportunity of employment for low income and minority residents

Program Services

DescriptionGrantsExpenses
PROVIDING LOANS TO START UP BUSINESSES CONCENTRATION ON MINORITY AND CLOSELYHELD BUSINESSES$0$43,796
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIMOTHY HAYESExecutive DirectorPT$68,202-$68,202
Filing and Contact Details

Filer

Filer Name
Second Look Capital Inc
EIN
54-1751193
Phone
8043401988
Address
2317 WESTWOOD AVENUE No 204, RICHMOND, VA 23230

Signing Officer

Name
Tim Hayes
Title
Executive Director
Phone
8042232014
Signed
2015-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Sharon Hart CPA
Address
10448 PARK TREE PLACE, GLEN ALLEN, VA 23060
Preparer
Sharon Hart CPA
Phone
8046442141
Supplemental Narrative

Additional Explanations

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

“Description: INTEREST. Amount: 23858. Description: LOAN RECOVERY. Amount: 6120. Description: ALLOWANCE ADJUSTMENT. Amount: 47865. Total to Form 990-EZ, line 8: 77843.”

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

“Description: TELEPHONE. Amount: 5639. Description: MISCELLANEOUS. Amount: 12750. Total to Form 990-EZ, line 16: 18389.”

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

“Description: AUDIT ADJUSTMENTS NECESSARY. Amount: -27779.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: OTHER AR. Beg. of Year Amount: 11525. End of Year Amount: 12488. Description: LOANS RECEIVABLE. Beg. of Year Amount: 282633. End of Year Amount: 192398. Description: PREPAID EXPENSES. Beg. of Year Amount: 2794. End of Year Amount: 0.”

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

“Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 4795. End of Year Amount: 597. Description: DEFERRED REVENUE. Beg. of Year Amount: 50000. End of Year Amount: 50000. Description: SECURED NOTES PAYABLE. Beg. of Year Amount: 140000. End of Year Amount: 140000.”

Raw XML Appendix149 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/PrimaryExemptPurposeTxt0ORGANIZED FOR THE PURPOSE OF ASSISTING ENTREPRENEURS IN THE OPERATION AND SUCCESS OF SMALL AND MINORITY OWNED BUSINESSES THAT WILL RESULT IN THE OPPORTUNITY OF EMPLOYMENT FOR LOW INCOME AND MINORITY RESIDENTS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: INTEREST. Amount: 23858. Description: LOAN RECOVERY. Amount: 6120. Description: ALLOWANCE ADJUSTMENT. Amount: 47865. Total to Form 990-EZ, line 8: 77843.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: TELEPHONE. Amount: 5639. Description: MISCELLANEOUS. Amount: 12750. Total to Form 990-EZ, line 16: 18389.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: AUDIT ADJUSTMENTS NECESSARY. Amount: -27779.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: OTHER AR. Beg. of Year Amount: 11525. End of Year Amount: 12488. Description: LOANS RECEIVABLE. Beg. of Year Amount: 282633. End of Year Amount: 192398. Description: PREPAID EXPENSES. Beg. of Year Amount: 2794. End of Year Amount: 0.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM HAYES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08042232014
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SECOND LOOK CAPITAL INC
ReturnHeader/Filer/BusinessNameControlTxt0SECO
ReturnHeader/Filer/EIN0541751193
ReturnHeader/Filer/PhoneNum08043401988
ReturnHeader/Filer/USAddress/AddressLine1Txt02317 WESTWOOD AVENUE No 204
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023230
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHARON HART CPA
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLEN ALLEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023060
ReturnHeader/PreparerPersonGrp/PhoneNum08046442141
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON HART CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-11-16T07:10:14-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$362,067
Liabilities
$190,597
Net assets
$171,470
Revenue
$77,843
Expenses
$106,259
Net income
-$28,416
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Summary only. Only limited summary data is available for this year.$0.08$0.01$0.01$0.14$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.14$0.06$0.13$0.15$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.14$0.08$0.07$0.16$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.19$0.17$0.08$0.11$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.42$0.19$0.23$0.04$0.11$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.26$0.29$0.11
2011Summary only. Only limited summary data is available for this year.$1.36$0.56$0.80$0.48$0.17$0.30
2010Summary only. Only limited summary data is available for this year.$1.07$0.58$0.49$0.15$0.40$0.25