Civic Intelligence

Frank J B & Emma S Varallo Foundation Tr

990T • Fiscal year 2020 • EIN 62-6225565

Jan 01, 2020 to Dec 31, 2020 • Filed on Dec 14, 2021

Organization Profile

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629 Market Street Suite 120Chattanooga, TN 37402

(423) 265-9510

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $681,204Liabilities 2011: $02011Assets 2012: $573,025Liabilities 2012: $02012Assets 2013: $622,206Liabilities 2013: $0Net Assets 2013: $622,2062013Assets 2014: $577,708Liabilities 2014: $0Net Assets 2014: $577,7082014Assets 2015: $465,345Liabilities 2015: $0Net Assets 2015: $465,3452015Assets 2016: $407,423Liabilities 2016: $0Net Assets 2016: $407,4232016Assets 2017: $20,905,235Liabilities 2017: $0Net Assets 2017: $20,905,2352017Assets 2018: $22,228,415Liabilities 2018: $0Net Assets 2018: $22,228,4152018Assets 2019: $22,463,497Liabilities 2019: $0Net Assets 2019: $22,463,4972019Assets 2020: $23,306,337Liabilities 2020: $0Net Assets 2020: $23,306,3372020Assets 2021: $26,285,356Liabilities 2021: $0Net Assets 2021: $26,285,3562021Assets 2022: $25,501,160Liabilities 2022: $0Net Assets 2022: $25,501,1602022Assets 2023: $24,668,348Liabilities 2023: $12023Assets 2024: $24,076,711Liabilities 2024: $0Net Assets 2024: $24,076,7112024

Latest loaded filing

2024

Assets$24,076,711
Liabilities$0
Net Assets$24,076,711
Open 2024 Filing

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: -$9,406Expenses 2011: $119,868Net Income 2011: -$129,2742011Revenue 2012: $4,696Expenses 2012: $112,875Net Income 2012: -$108,1792012Expenses 2013: $100,3262013Revenue 2014: $43,397Expenses 2014: $87,895Net Income 2014: -$44,4982014Revenue 2015: $11,736Expenses 2015: $124,099Net Income 2015: -$112,3632015Revenue 2016: $17,023Expenses 2016: $74,945Net Income 2016: -$57,9222016Revenue 2017: $20,629,797Expenses 2017: $131,985Net Income 2017: $20,497,8122017Revenue 2018: $1,401,462Expenses 2018: $179,735Net Income 2018: $1,221,7272018Revenue 2019: $522,744Expenses 2019: $343,010Net Income 2019: $179,7342019Revenue 2020: $940,159Expenses 2020: $390,495Net Income 2020: $549,6642020Revenue 2021: $3,638,235Expenses 2021: $659,216Net Income 2021: $2,979,0192021Revenue 2022: $921,726Expenses 2022: $1,705,922Net Income 2022: -$784,1962022Revenue 2023: $265,580Expenses 2023: $1,048,392Net Income 2023: -$782,8122023Revenue 2024: $795,947Expenses 2024: $1,387,584Net Income 2024: -$591,6372024

Latest loaded filing

2024

Revenue$795,947
Expenses$1,387,584
Net Income-$591,637
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 14, 2021
Return Version
2020v1.1
Filing and Contact Details

Filer

Filer Name
Frank Jb & Emma S Varallo Foundation
EIN
62-6225565
Phone
4232659510
Address
629 MARKET STREET SUITE 120, CHATTANOOGA, TN 37402

Signing Officer

Name
R Fredrick Decosimo
Title
Secretary
Phone
4237567100
Signed
2021-12-14
Discuss with paid preparer
Yes

Preparer

Firm
Elliott Davis Llcpllc
Address
629 MARKET STREET SUITE 100, CHATTANOOGA, TN 37402
Preparer
Rebecca C Shoemake
Phone
4237567100
Raw XML Appendix88 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
IRS990T/AddressChangeInd0X
IRS990T/BalanceDueAmt051162
IRS990T/BooksInCareOfDetail/PersonNm0R FREDERICK DECOSIMO
IRS990T/BooksInCareOfDetail/PhoneNum04237567100
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0629 MARKET STREET SUITE 120
IRS990T/BooksInCareOfDetail/USAddress/CityNm0CHATTANOOGA
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd037402
IRS990T/BookValueAssetsEOYAmt023306337
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt0170198
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/PaidTaxLiabilityAmt00
IRS990TScheduleA/NetOperatingLossDeductionAmt0489228
IRS990TScheduleA/PrincipalBusinessActivityCd01
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt00
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0904054
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0904054
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0904054
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0DEBT-FINANCED INVESTMENT ACTIVITIES CONDUCTED THROUGH LIMITED PARTNERSHIPS
IRS990TScheduleA/UBIBeforeNOLDedAmt0904054
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0414826
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt051162
IRS990T/TaxLessCreditsAmt051162
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt051162
IRS990T/TotalTaxComputationAmt051162
IRS990T/TotalUBTIAmt0243628
IRS990T/TotalUBTIBeforeNOLSpecificAmt0414826
IRS990T/TotalUBTIBeforeSection199AAmt0244628
IRS990T/TotalUBTIComputedAmt0414826
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0R FREDRICK DECOSIMO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum04237567100
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANK JB & EMMA S VARALLO FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0626225565
ReturnHeader/Filer/PhoneNum04232659510
ReturnHeader/Filer/USAddress/AddressLine1Txt0629 MARKET STREET SUITE 120
ReturnHeader/Filer/USAddress/CityNm0CHATTANOOGA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037402
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570381582
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELLIOTT DAVIS LLCPLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0629 MARKET STREET SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHATTANOOGA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037402
ReturnHeader/PreparerPersonGrp/PhoneNum04237567100
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REBECCA C SHOEMAKE
ReturnHeader/ReturnTs02021-12-15T12:33:56-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0R
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FREDRICK DECOSIMO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.1$0.00$24.1$0.80$1.39$0.59
2023Summary only. Only limited summary data is available for this year.$24.7$0.00$0.27$1.05$0.78
2022Detailed filing. Detailed filing data is available for this year.$25.5$0.00$25.5$0.92$1.71$0.78
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.3$0.00$26.3$3.64$0.66$2.98
2020Detailed filing. Detailed filing data is available for this year.$23.3$0.00$23.3$0.94$0.39$0.55
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.5$0.00$22.5$0.52$0.34$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$0.00$22.2$1.40$0.18$1.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.9$0.00$20.9$20.6$0.13$20.5
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.00$0.41$0.02$0.07$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.01$0.12$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.04$0.09$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.10
2012Summary only. Only limited summary data is available for this year.$0.57$0.00$0.00$0.11$0.11
2011Summary only. Only limited summary data is available for this year.$0.68$0.00$0.01$0.12$0.13