Civic Intelligence

Sedc Educational Foundation Inc

990EZ • Fiscal year 2023 • EIN 58-2284845

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 03, 2024

Organization ProfileN/A
250 Georgia Ave E 100Fayetteville, GA 30214

(404) 523-3030

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

53rd percentile

2.4%

Faster asset growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-59%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$132,785

Up $3,049 (+2.4%) from 2022

Net Assets

Up

$132,785

Up $3,049 (+2.4%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin79th percentile

Revenue

Down

$11,430

Down $16,125 (-59%) from 2022

Expenses

Up

$8,381

Up $5,877 (+235%) from 2022

Net Income

Down

$3,049

Down $22,002 (-88%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$150K$100K$50K$0Assets 2011: $91,151Liabilities 2011: $02011Assets 2012: $91,957Liabilities 2012: $02012Assets 2013: $92,855Liabilities 2013: $02013Assets 2014: $97,664Liabilities 2014: $1,7962014Assets 2015: $97,787Liabilities 2015: $02015Assets 2016: $97,727Liabilities 2016: $02016Assets 2017: $109,429Liabilities 2017: $02017Assets 2018: $117,685Liabilities 2018: $02018Assets 2019: $126,582Liabilities 2019: $02019Assets 2020: $126,742Liabilities 2020: $0Net Assets 2020: $126,7422020Assets 2021: $104,685Liabilities 2021: $0Net Assets 2021: $104,6852021Assets 2022: $129,736Liabilities 2022: $0Net Assets 2022: $129,7362022Assets 2023: $132,785Liabilities 2023: $0Net Assets 2023: $132,7852023Assets 2024: $118,862Liabilities 2024: $0Net Assets 2024: $118,8622024

Highlighted filing

2023

Assets$132,785
Liabilities$0
Net Assets$132,785
Open 2023 Filing

Operations Trend

Revenue Growth9th percentile

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

$40K$20K$0-$20K-$40KRevenue 2011: $9,140Expenses 2011: $9,383Net Income 2011: -$2432011Revenue 2012: $5,906Expenses 2012: $5,100Net Income 2012: $8062012Revenue 2013: $4,228Expenses 2013: $3,330Net Income 2013: $8982013Revenue 2014: $5,048Expenses 2014: $2,035Net Income 2014: $3,0132014Revenue 2015: $3,519Expenses 2015: $1,600Net Income 2015: $1,9192015Revenue 2016: $1,435Expenses 2016: $1,495Net Income 2016: -$602016Revenue 2017: $13,752Expenses 2017: $2,050Net Income 2017: $11,7022017Revenue 2018: $9,666Expenses 2018: $1,410Net Income 2018: $8,2562018Revenue 2019: $13,057Expenses 2019: $4,160Net Income 2019: $8,8972019Revenue 2020: $195Expenses 2020: $35Net Income 2020: $1602020Revenue 2021: $3,065Expenses 2021: $25,122Net Income 2021: -$22,0572021Revenue 2022: $27,555Expenses 2022: $2,504Net Income 2022: $25,0512022Revenue 2023: $11,430Expenses 2023: $8,381Net Income 2023: $3,0492023Revenue 2024: $10,465Expenses 2024: $24,388Net Income 2024: -$13,9232024

Highlighted filing

2023

Revenue$11,430
Expenses$8,381
Net Income$3,049
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 3, 2024
Return Version
2023v5.1
Gross Receipts
$11,430
Mission and Program Overview

Mission

To conduct educational activities for the economic development community

Program Services

DescriptionGrantsExpenses
CONDUCT EDUCATIONAL ACTIVITIES FOR THE ECONOMIC DEVELOPMENT COMMUNITY$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATTHEW TACKETTPresident-$0--
Filing and Contact Details

Filer

Filer Name
Sedc Educational Foundation Inc
EIN
58-2284845
Phone
4045233030
Address
250 GEORGIA AVE E 100, FAYETTEVILLE, GA 30214

Signing Officer

Name
Matthew Tackett
Title
President
Phone
4045233030
Signed
2024-09-03
Discuss with paid preparer
Yes

Preparer

Firm
Kelley Sammons Toole & Ellison Llp
Address
750 HAMMOND DRIVE BLDG 3, ATLANTA, GA 30328
Preparer
Jason D Toole CPA
Phone
4042563830
Supplemental Narrative

Additional Explanations

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

“Description: interest income. Amount: 2,047.”

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

“Description: scholarship reimbursement. Amount: 2,770. Description: unrelated business expense. Amount: 1. Description: sponsorship expense. Amount: 2,500. Description: other expense. Amount: 2,610. Total to form 990-ez, line 16: 7,881.”

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

“Description: investment in sedc nmtc,llc. Beg. Of year amount: 780. End of year amount: 779. Description: loan receivables sedc. Beg. Of year amount: 29,730. End of year amount: 20,740.”

Raw XML Appendix154 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MATTHEW TACKETT
IRS990EZ/BooksInCareOfDetail/PhoneNum04045233030
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0311 NELSON STREET SW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030313
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt099226
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0111266
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt03049
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0132785
IRS990EZ/GrossReceiptsAmt011430
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt02047
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0129736
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0132785
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0129736
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0132785
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATTHEW TACKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt030510
IRS990EZ/OtherAssetsTotalDetail/EOYAmt021519
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt07881
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO CONDUCT EDUCATIONAL ACTIVITIES FOR THE ECONOMIC DEVELOPMENT COMMUNITY
IRS990EZ/ProgramServiceRevenueAmt09383
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONDUCT EDUCATIONAL ACTIVITIES FOR THE ECONOMIC DEVELOPMENT COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08381
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt011430
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt09383
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt024517
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0844
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt012981
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt047725
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02047
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03038
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02221
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0195
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt081
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07582
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02221
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0195
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt081
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07582
IRS990ScheduleA/InvestmentIncomeCYPct00.13710
IRS990ScheduleA/InvestmentIncomePYPct00.10460
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt0-1
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt0-4
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt0-5
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt0-5
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt0-15
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86310
IRS990ScheduleA/PublicSupportPY509Pct00.89570
IRS990ScheduleA/PublicSupportTotal509Amt047725
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt09383
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt024517
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0844
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt012981
IRS990ScheduleA/Total509Grp/TotalAmt047725
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt011429
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt027551
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03060
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt013057
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt055292
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 2,047.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SCHOLARSHIP REIMBURSEMENT. AMOUNT: 2,770. DESCRIPTION: UNRELATED BUSINESS EXPENSE. AMOUNT: 1. DESCRIPTION: SPONSORSHIP EXPENSE. AMOUNT: 2,500. DESCRIPTION: OTHER EXPENSE. AMOUNT: 2,610. TOTAL TO FORM 990-EZ, LINE 16: 7,881.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INVESTMENT IN SEDC NMTC,LLC. BEG. OF YEAR AMOUNT: 780. END OF YEAR AMOUNT: 779. DESCRIPTION: LOAN RECEIVABLES SEDC. BEG. OF YEAR AMOUNT: 29,730. END OF YEAR AMOUNT: 20,740.
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 II, LINE 24 - OTHER ASSETS
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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW TACKETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04045233030
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEDC EDUCATIONAL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SEDC
ReturnHeader/Filer/EIN0582284845
ReturnHeader/Filer/PhoneNum04045233030
ReturnHeader/Filer/USAddress/AddressLine1Txt0250 GEORGIA AVE E 100
ReturnHeader/Filer/USAddress/CityNm0FAYETTEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030214
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205920496
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KELLEY SAMMONS TOOLE & ELLISON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0750 HAMMOND DRIVE BLDG 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030328
ReturnHeader/PreparerPersonGrp/PhoneNum04042563830
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON D TOOLE CPA
ReturnHeader/ReturnTs02024-09-05T10:03:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$132,785
Liabilities
$0
Net assets
$132,785
Revenue
$11,430
Expenses
$8,381
Net income
$3,049
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.10$0.24$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.11$0.08$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.28$0.03$0.25
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.03$0.25$0.22
2020Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.00$0.00$0.00
2019Summary only. Only limited summary data is available for this year.$1.27$0.00$0.13$0.04$0.09
2018Summary only. Only limited summary data is available for this year.$1.18$0.00$0.10$0.01$0.08
2017Summary only. Only limited summary data is available for this year.$1.09$0.00$0.14$0.02$0.12
2016Summary only. Only limited summary data is available for this year.$0.98$0.00$0.01$0.01$0.00
2015Summary only. Only limited summary data is available for this year.$0.98$0.00$0.04$0.02$0.02
2014Summary only. Only limited summary data is available for this year.$0.98$0.02$0.05$0.02$0.03
2013Summary only. Only limited summary data is available for this year.$0.93$0.00$0.04$0.03$0.01
2012Summary only. Only limited summary data is available for this year.$0.92$0.00$0.06$0.05$0.01
2011Summary only. Only limited summary data is available for this year.$0.91$0.00$0.09$0.09$0.00