Civic Intelligence

Icedc Foundation

990EZ • Fiscal year 2021 • EIN 56-2115262

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 26, 2021

Organization ProfileN/A
500 S MAIN STREET No 449Mooresville, NC 28115

(704) 663-1898

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE S30 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

36th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE S30 • <$500k nonprofits • Source year 2021

Net Margin

89th percentile

65%

Higher net margin than 89% of similar nonprofits.

2021 filings • NTEE S30 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • NTEE S30 • <$500k nonprofits • Source year 2021

Asset Growth

62nd percentile

15%

Faster asset growth than 62% of similar nonprofits.

2021 filings • NTEE S30 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

329%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • NTEE S30 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$119,171

Up $15,879 (+15%) from 2020

Net Assets

$119,171

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin89th percentile

Revenue

Up

$22,587

Up $17,317 (+329%) from 2020

Expenses

Down

$7,869

Down $5,631 (-42%) from 2020

Net Income

Up

$14,718

Up $22,948 (+279%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$600K$400K$200K$0-$200KAssets 2012: $362,031Liabilities 2012: $37,5002012Assets 2013: $347,148Liabilities 2013: $25,000Net Assets 2013: $322,1482013Assets 2014: $264,998Liabilities 2014: $12,500Net Assets 2014: $252,4982014Assets 2015: $220,632Net Assets 2015: $220,6322015Assets 2016: $64,435Liabilities 2016: $68,178Net Assets 2016: -$3,7432016Assets 2017: $82,051Net Assets 2017: $82,0512017Assets 2018: $148,301Net Assets 2018: $148,3012018Assets 2019: $60,000Liabilities 2019: $02019Assets 2020: $103,292Liabilities 2020: $02020Assets 2021: $119,171Liabilities 2021: $0Net Assets 2021: $119,1712021Assets 2022: $246,104Liabilities 2022: $0Net Assets 2022: $246,1042022Assets 2023: $327,824Liabilities 2023: $0Net Assets 2023: $327,8242023Assets 2024: $390,532Liabilities 2024: $0Net Assets 2024: $390,5322024Assets 2025: $447,813Liabilities 2025: $0Net Assets 2025: $447,8132025

Highlighted filing

2021

Assets$119,171
Liabilities$0
Net Assets$119,171
Open 2021 Filing

Operations Trend

Revenue Growth92nd percentile

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

$400K$200K$0-$200K-$400KRevenue 2012: $178,306Expenses 2012: $134,584Net Income 2012: $43,7222012Revenue 2013: $118,822Expenses 2013: $121,205Net Income 2013: -$2,3832013Revenue 2014: $121,005Expenses 2014: $190,655Net Income 2014: -$69,6502014Revenue 2015: $103,761Expenses 2015: $135,627Net Income 2015: -$31,8662015Revenue 2016: $71,630Expenses 2016: $296,005Net Income 2016: -$224,3752016Revenue 2017: $112,673Expenses 2017: $26,879Net Income 2017: $85,7942017Revenue 2018: $95,757Expenses 2018: $29,507Net Income 2018: $66,2502018Revenue 2019: $33,315Expenses 2019: $121,616Net Income 2019: -$88,3012019Revenue 2020: $5,270Expenses 2020: $13,500Net Income 2020: -$8,2302020Revenue 2021: $22,587Expenses 2021: $7,869Net Income 2021: $14,7182021Revenue 2022: $143,636Expenses 2022: $16,703Net Income 2022: $126,9332022Revenue 2023: $183,743Expenses 2023: $102,023Net Income 2023: $81,7202023Revenue 2024: $178,788Expenses 2024: $116,080Net Income 2024: $62,7082024Revenue 2025: $121,669Expenses 2025: $64,388Net Income 2025: $57,2812025

Highlighted filing

2021

Revenue$22,587
Expenses$7,869
Net Income$14,718
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 26, 2021
Return Version
2020v4.1
Gross Receipts
$22,587
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$22,500$7,869
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID ALEXANDERSecretary-$0--
PAUL COOKCo-Treasurer-$0--
RON JOHNSONCo-Treasurer-$0--
JIM MARSHALLChairman-$0--
BOB PALMESVice Chair-$0--
Filing and Contact Details

Filer

Filer Name
ICEDC Foundation
EIN
56-2115262
Phone
7046631898
Address
500 S MAIN STREET No 449, MOORESVILLE, NC 28115

Signing Officer

Name
Paul Cook
Title
Co-treasurer
Phone
7046631898
Signed
2021-10-26
Discuss with paid preparer
Yes

Preparer

Firm
Potter & Company Pa
Address
106 WELTON WAY, MOORESVILLE, NC 28117
Preparer
Robert W Taylor CPA
Phone
7046623146
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

“Description: Interest Income. Amount: 87.”

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

“Description: Marketing & Adv. Amount: 6340.”

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

“Description: Cash tranfer PY merger. Amount: 1161.”

Mission Statement

“ICEDC Foundation is a 501(c)3 which supports specific economic development initiatives that create jobs, investment, and resources to minimize the tax burdon to the local community.”

Raw XML Appendix172 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/BooksInCareOfDetail/USAddress/CityNm0MOORESVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID ALEXANDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL COOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RON JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JIM MARSHALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BOB PALMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CO-TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE CHAIR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt01161
IRS990EZ/OtherExpensesTotalAmt06340
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/PrintingPublicationsPostageAmt029
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt022500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07869
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt07869
IRS990EZ/TotalProgramServiceExpensesAmt07869
IRS990EZ/TotalRevenueAmt022587
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt022500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt029325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt088750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt061300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0206875
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0403
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt059
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01501
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85030
IRS990ScheduleA/PublicSupportPY170Pct00.86660
IRS990ScheduleA/PublicSupportTotal170Amt0206875
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt029325
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt088750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt061300
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0206875
IRS990ScheduleA/TotalSupportAmt0243304
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt034928
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt034928
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest Income. Amount: 87.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Marketing & Adv. Amount: 6340.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Cash tranfer PY merger. Amount: 1161.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ICEDC Foundation is a 501(c)3 which supports specific economic development initiatives that create jobs, investment, and resources to minimize the tax burdon to the local community.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Mission Statement
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL COOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07046631898
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ICEDC Foundation
ReturnHeader/Filer/BusinessNameControlTxt0ICED
ReturnHeader/Filer/EIN0562115262
ReturnHeader/Filer/PhoneNum07046631898
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 S MAIN STREET No 449
ReturnHeader/Filer/USAddress/CityNm0MOORESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028115
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561220683
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0POTTER & COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0106 WELTON WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOORESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028117
ReturnHeader/PreparerPersonGrp/PhoneNum07046623146
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert W Taylor CPA
ReturnHeader/ReturnTs02021-10-28T14:46:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PAUL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COOK
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$119,171
Liabilities
$0
Net assets
$119,171
Revenue
$22,587
Expenses
$7,869
Net income
$14,718
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.48$0.00$4.48$1.22$0.64$0.57
2024Detailed filing. Detailed filing data is available for this year.$3.91$0.00$3.91$1.79$1.16$0.63
2023Detailed filing. Detailed filing data is available for this year.$3.28$0.00$3.28$1.84$1.02$0.82
2022Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$1.44$0.17$1.27
2021Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.23$0.08$0.15
2020Summary only. Only limited summary data is available for this year.$1.03$0.00$0.05$0.14$0.08
2019Summary only. Only limited summary data is available for this year.$0.60$0.00$0.33$1.22$0.88
2018Detailed filing. Detailed filing data is available for this year.$1.48$1.48$0.96$0.30$0.66
2017Detailed filing. Detailed filing data is available for this year.$0.82$0.82$1.13$0.27$0.86
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.68$0.04$0.72$2.96$2.24
2015Detailed filing. Detailed filing data is available for this year.$2.21$2.21$1.04$1.36$0.32
2014Detailed filing. Detailed filing data is available for this year.$2.65$0.13$2.52$1.21$1.91$0.70
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.47$0.25$3.22$1.19$1.21$0.02
2012Summary only. Only limited summary data is available for this year.$3.62$0.38$1.78$1.35$0.44