Civic Intelligence

Icedc Foundation

990EZ • Fiscal year 2022 • EIN 56-2115262

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 01, 2023

Organization ProfileN/A
500 S Main Street 449Mooresville, NC 28115

(704) 663-1898

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

97th percentile

88%

Higher net margin than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

92nd percentile

107%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

96th percentile

536%

Faster revenue growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$246,104

Up $126,933 (+107%) from 2021

Net Assets

Up

$246,104

Up $126,933 (+107%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin97th percentile

Revenue

Up

$143,636

Up $121,049 (+536%) from 2021

Expenses

Up

$16,703

Up $8,834 (+112%) from 2021

Net Income

Up

$126,933

Up $112,215 (+762%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth92nd 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

2022

Assets$246,104
Liabilities$0
Net Assets$246,104
Open 2022 Filing

Operations Trend

Revenue Growth96th 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

2022

Revenue$143,636
Expenses$16,703
Net Income$126,933
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 1, 2023
Return Version
2021v4.2
Gross Receipts
$143,636
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$143,500$16,703
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID ALEXANDERVice Chair-$0--
PAUL COOKTreasurer-$0--
JEFF CERNUTOSecretary-$0--
JIM MARSHALLPast Chairman-$0--
BOB PALMESChairman-$0--
Filing and Contact Details

Filer

Filer Name
Icedc Foundation
EIN
56-2115262
Phone
7046631898
Address
500 S MAIN STREET 449, MOORESVILLE, NC 28115

Signing Officer

Name
Paul Cook
Title
Treasurer
Phone
7046631898
Signed
2023-03-01
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: 136.”

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

“Description: marketing & adv. Amount: 8,689. Description: program fees. Amount: 6,506. Description: office expense. Amount: 58. Total to form 990-ez, line 16: 15,253.”

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 Appendix165 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LISA TAYLOR
IRS990EZ/BooksInCareOfDetail/PhoneNum07046631898
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0500 S MAIN STREET SUITE 449
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MOORESVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028115
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0119171
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0246104
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0143500
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0126933
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01450
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0119171
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0246104
IRS990EZ/GrossReceiptsAmt0143636
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt0136
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0119171
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0246104
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0119171
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0246104
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID ALEXANDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL COOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFF CERNUTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JIM MARSHALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BOB PALMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PAST CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CHAIRMAN
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt015253
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0143500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016703
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt016703
IRS990EZ/TotalProgramServiceExpensesAmt016703
IRS990EZ/TotalRevenueAmt0143636
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0143500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt022500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt029325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt088750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0289075
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0136
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0403
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01578
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99460
IRS990ScheduleA/PublicSupportPY170Pct00.85030
IRS990ScheduleA/PublicSupportTotal170Amt0289075
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0143500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt022500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt029325
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt088750
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0289075
IRS990ScheduleA/TotalSupportAmt0290653
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: 136.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MARKETING & ADV. AMOUNT: 8,689. DESCRIPTION: PROGRAM FEES. AMOUNT: 6,506. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 58. TOTAL TO FORM 990-EZ, LINE 16: 15,253.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ICEDC 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/FormAndLineReferenceDesc2MISSION 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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL COOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07046631898
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ICEDC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ICED
ReturnHeader/Filer/EIN0562115262
ReturnHeader/Filer/PhoneNum07046631898
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 S MAIN STREET 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/ReturnTs02023-03-01T08:41:40-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PAUL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COOK
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$246,104
Liabilities
$0
Net assets
$246,104
Revenue
$143,636
Expenses
$16,703
Net income
$126,933
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