Civic Intelligence

Joseph L Weir Trust

990 • Fiscal year 2018 • EIN 62-6172822

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

4308 Castleman CourtNashville, TN 37215

(615) 383-3211

Siviq Scores

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

Liabilities / Assets

35th percentile

0.03x

Higher debt load relative to assets than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.74x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

40th percentile

0.0%

Higher net margin than 40% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

36th percentile

$5,762

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

7th percentile

-19%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

45th percentile

2.0%

Faster revenue growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,489,703

Down $588,633 (-19%) from 2017

Net Assets

Down

$2,419,853

Down $589,866 (-20%) from 2017

Liabilities

Up

$69,850

Up $1,233 (+1.8%) from 2017

Revenue

Up

$94,640

Up $1,896 (+2.0%) from 2017

Expenses

Up

$94,640

Up $1,896 (+2.0%) from 2017

Net Income

Flat

$0

Flat from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,033,060Liabilities 2010: $35,160Net Assets 2010: $1,997,9002010Assets 2012: $2,248,230Liabilities 2012: $40,148Net Assets 2012: $2,208,0822012Assets 2013: $2,656,451Liabilities 2013: $43,742Net Assets 2013: $2,612,7092013Assets 2014: $2,737,861Liabilities 2014: $55,638Net Assets 2014: $2,682,2232014Assets 2015: $2,870,380Liabilities 2015: $59,033Net Assets 2015: $2,811,3472015Assets 2016: $3,123,497Liabilities 2016: $65,055Net Assets 2016: $3,058,4422016Assets 2017: $3,078,336Liabilities 2017: $68,617Net Assets 2017: $3,009,7192017Assets 2018: $2,489,703Liabilities 2018: $69,850Net Assets 2018: $2,419,8532018Assets 2019: $2,887,891Liabilities 2019: $75,912Net Assets 2019: $2,811,9792019Assets 2020: $2,754,857Liabilities 2020: $72,933Net Assets 2020: $2,681,9242020Assets 2021: $3,213,714Liabilities 2021: $72,920Net Assets 2021: $3,140,7942021Assets 2022: $3,246,266Liabilities 2022: $75,338Net Assets 2022: $3,170,9282022Assets 2023: $3,236,860Liabilities 2023: $69,860Net Assets 2023: $3,167,0002023Assets 2024: $3,565,381Liabilities 2024: $220,762Net Assets 2024: $3,344,6192024

Highlighted filing

2018

Assets$2,489,703
Liabilities$69,850
Net Assets$2,419,853

Operations Trend

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

$300K$200K$100K$0Expenses 2010: $52,6402010Revenue 2012: $58,898Expenses 2012: $58,898Net Income 2012: $02012Revenue 2013: $64,775Expenses 2013: $64,775Net Income 2013: $02013Revenue 2014: $77,900Expenses 2014: $77,900Net Income 2014: $02014Revenue 2015: $82,607Expenses 2015: $82,607Net Income 2015: $02015Revenue 2016: $88,708Expenses 2016: $88,708Net Income 2016: $02016Revenue 2017: $92,744Expenses 2017: $92,744Net Income 2017: $02017Revenue 2018: $94,640Expenses 2018: $94,640Net Income 2018: $02018Revenue 2019: $100,425Expenses 2019: $100,425Net Income 2019: $02019Revenue 2020: $97,542Expenses 2020: $97,542Net Income 2020: $02020Revenue 2021: $100,254Expenses 2021: $100,254Net Income 2021: $02021Revenue 2022: $102,697Expenses 2022: $102,697Net Income 2022: $02022Revenue 2023: $108,833Expenses 2023: $108,833Net Income 2023: $02023Revenue 2024: $274,423Expenses 2024: $274,423Net Income 2024: $02024

Highlighted filing

2018

Revenue$94,640
Expenses$94,640
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$94,640
Mission and Program Overview

Mission

The trust provides benefits to the national cosmetology association.

The trust was established to provide income benefits to the national cosmetology association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,009,719$2,419,853▼ $589,866
Investments Other Securities$2,159,253$1,395,259▼ $763,994
Investments in Publicly Traded Securities$765,520$974,425▲ $208,905
Savings and Temporary Cash Investments$107,885$104,839▼ $3,046
Cash and Non-Interest-Bearing Accounts$36,820$6,461▼ $30,359
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,078,336$2,489,703▼ $588,633
Other Assets Total$8,858$8,719▼ $139
Liabilities
Other Liabilities$67,886$69,119▲ $1,233
Accounts Payable and Accrued Expenses$731$731→ $0
Total Liabilities$68,617$69,850▲ $1,233
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,009,719$2,419,853▼ $589,866
Total Liabilities and Net Assets / Fund Balance$3,078,336$2,489,703▼ $588,633

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$171,820--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Roger PrinceTrusteePT$5,762$5,762
William J WareTrustee-$2,881$2,881
William W ScottTrustee-$2,881$2,881
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$94,640
Other Revenue
$0
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$94,640
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$94,640
Total Revenue per Form 990
$94,640
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$69,119
Other Expenses$25,521
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$69,119--$69,119
Fees for Services Management$13,245--$13,245
Fees for Services Accounting$9,526--$9,526
Travel$1,982--$1,982
Office Expenses$220--$220
Other Expenses$92--$92
Total Functional Expenses$94,640$0$0$94,640

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$94,640
Total Expenses per Audited Statements$94,640
Total Expenses per Form 990$94,640
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Cosmetology AssociationScottsdale, AZ-Scholarships$69,119
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Beneficiary - Net Income Realized$69,119
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is made available to the board for review before filing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Joseph L Weir Trust
EIN
62-6172822
Phone
6153833211
Address
4308 CASTLEMAN COURT, NASHVILLE, TN 37215

Signing Officer

Name
Roger Prince
Title
Trustee
Phone
9013246292
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roger Prince
Formed
1983
Legal Domicile
Tn
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Watkins Uiberall Pllc
Address
1661 AARON BRENNER DRIVE SUITE 300, MEMPHIS, TN 38120
Preparer
Benjamin D Collins
Phone
9017612720
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The modified cash method of accounting is used to prepare the 990.

Raw XML AppendixShowing 400 of 442 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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IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt03069478
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt0111301
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt0144705
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt02369684
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt02924773
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt037215
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt046042
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt02443770
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt03023436
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt085532
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0105820
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
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IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt03069478
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt085532
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0105820
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt069119
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NATIONAL COSMETOLOGY ASSOCIATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt069119
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt069119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO BENEFICIARY - NET INCOME REALIZED
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0272760
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1171240
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2182304
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3133520
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4170825
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt5165720
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6127070
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7171820
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EXXON CORPORATION
IRS990ScheduleD/OtherSecuritiesGrp/Desc1AT&T INC
IRS990ScheduleD/OtherSecuritiesGrp/Desc2KIMBERLY CLARK
IRS990ScheduleD/OtherSecuritiesGrp/Desc3PHILLIP MORRIS INC
IRS990ScheduleD/OtherSecuritiesGrp/Desc4WALGREENS BOOTS ALLIANCE
IRS990ScheduleD/OtherSecuritiesGrp/Desc5PEPSICO
IRS990ScheduleD/OtherSecuritiesGrp/Desc6CATERPILLAR INC
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IRS990ScheduleD/TotalRevenuePerForm990Amt094640
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IRS990ScheduleI/GrantRecordsMaintainedInd00
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
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IRS990ScheduleI/RecipientTable/RecipientEIN0135582607
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS MADE AVAILABLE TO THE BOARD FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MODIFIED CASH METHOD OF ACCOUNTING IS USED TO PREPARE THE 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 1:
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IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt02489703
IRS990/TotalAssetsGrp/BOYAmt03078336
IRS990/TotalAssetsGrp/EOYAmt02489703
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt094640
IRS990/TotalFunctionalExpensesGrp/TotalAmt094640
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt068617
IRS990/TotalLiabilitiesEOYAmt069850
IRS990/TotalLiabilitiesGrp/BOYAmt068617
IRS990/TotalLiabilitiesGrp/EOYAmt069850
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02419853
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt011524
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt094640
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt094640
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03078336
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02489703
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01982
IRS990/TravelGrp/TotalAmt01982
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04308 CASTLEMAN COURT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.57$0.22$3.34$0.27$0.27$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.24$0.07$3.17$0.11$0.11$0.00
2022Detailed filing. Detailed filing data is available for this year.$3.25$0.08$3.17$0.10$0.10$0.00
2021Detailed filing. Detailed filing data is available for this year.$3.21$0.07$3.14$0.10$0.10$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.75$0.07$2.68$0.10$0.10$0.00
2019Detailed filing. Detailed filing data is available for this year.$2.89$0.08$2.81$0.10$0.10$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.49$0.07$2.42$0.09$0.09$0.00
2017Detailed filing. Detailed filing data is available for this year.$3.08$0.07$3.01$0.09$0.09$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.12$0.07$3.06$0.09$0.09$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.87$0.06$2.81$0.08$0.08$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.74$0.06$2.68$0.08$0.08$0.00
2013Detailed filing. Detailed filing data is available for this year.$2.66$0.04$2.61$0.06$0.06$0.00
2012Summary only. Only limited summary data is available for this year.$2.25$0.04$2.21$0.06$0.06$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.04$2.00$0.05