Civic Intelligence

Second Look Capital Inc.

990EZ • Fiscal year 2015 • EIN 54-1751193

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

Organization ProfileWWW.VCDLF.ORG
1624 Hull StreetRichmond, VA 23224

(804) 525-9454

Siviq Scores

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

Liabilities / Assets

91st percentile

0.63x

Higher debt load relative to assets than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

1.89x

Higher debt load relative to revenue than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

4th percentile

-111%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

98th percentile

$112,832

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 150.8% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

12th percentile

-38%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

42nd percentile

-3.9%

Faster revenue growth than 42% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$225,147

Down $136,920 (-38%) from 2014

Net Assets

Down

$83,952

Down $87,518 (-51%) from 2014

Liabilities

Down

$141,195

Down $49,402 (-26%) from 2014

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin4th percentile

Revenue

Down

$74,817

Down $3,026 (-3.9%) from 2014

Expenses

Up

$157,532

Up $51,273 (+48%) from 2014

Net Income

Down

-$82,715

Down $54,299 (-191%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth12th 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

2015

Assets$225,147
Liabilities$141,195
Net Assets$83,952
Open 2015 Filing

Operations Trend

Revenue Growth42nd 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

2015

Revenue$74,817
Expenses$157,532
Net Income-$82,715
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$74,817
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
ASSISTING SMALL BUSINESS STARTING UP WITH LOANS HELD BY SECONDLOOK WITH A CONCENTRATION ON MINORITY AND CLOSELYHELD BUSINESSES$0$126,056
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIMOTHY HAYESExecutive DirectorFT$112,832-$112,832
Filing and Contact Details

Filer

Filer Name
Second Look Capital Inc
EIN
54-1751193
Phone
8045259454
Address
1624 HULL STREET, RICHMOND, VA 23224

Signing Officer

Name
Tim Hayes
Title
Executive Director
Phone
8042232014
Signed
2016-11-14
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: 21,416. Description: loan recovery. Amount: 39,009. Description: allowance adjustment. Amount: 14,392. Total to form 990-ez, line 8: 74,817.”

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

“Description: miscellneous. Amount: 9,879. Description: travel. Amount: 6,382. Total to form 990-ez, line 16: 16,261.”

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

“Description: audit adjustments necessary. Amount: -4,803.”

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

“Description: other ar. Beg. Of year amount: 12,488. End of year amount: 7,230. Description: loans receivable. Beg. Of year amount: 192,398. End of year amount: 179,254. Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 2,912.”

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

“Description: accounts payable. Beg. Of year amount: 597. End of year amount: 1,195. Description: deferred revenue. Beg. Of year amount: 50,000. End of year amount: 0. Description: secured notes payable. Beg. Of year amount: 140,000. End of year amount: 140,000.”

Raw XML Appendix152 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/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 21,416. DESCRIPTION: LOAN RECOVERY. AMOUNT: 39,009. DESCRIPTION: ALLOWANCE ADJUSTMENT. AMOUNT: 14,392. TOTAL TO FORM 990-EZ, LINE 8: 74,817.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISCELLNEOUS. AMOUNT: 9,879. DESCRIPTION: TRAVEL. AMOUNT: 6,382. TOTAL TO FORM 990-EZ, LINE 16: 16,261.
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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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM HAYES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08042232014
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SECOND LOOK CAPITAL INC
ReturnHeader/Filer/BusinessNameControlTxt0SECO
ReturnHeader/Filer/EIN0541751193
ReturnHeader/Filer/PhoneNum08045259454
ReturnHeader/Filer/USAddress/AddressLine1Txt01624 HULL STREET
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023224
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455310918
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHARON HART CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010448 PARK TREE PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLEN ALLEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023060
ReturnHeader/PreparerPersonGrp/PhoneNum08046442141
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON HART CPA
ReturnHeader/ReturnTs02016-11-14T09:55:13-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$225,147
Liabilities
$141,195
Net assets
$83,952
Revenue
$74,817
Expenses
$157,532
Net income
-$82,715
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