Civic Intelligence

Vibt Inc

EIN 66-0764933 • 501(c)4 • Christiansted, VI

Revoked

Profile

To promote growth and development of commerce and industry in the US Virgin Islands

Revocation date: May 15, 2014

PO Box 25831Christiansted, VI 00824

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2021

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2021

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-100%

Faster revenue growth than 4% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $3,895 (-100%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $3,895 (-100%) from 2020

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $75,000 (-100%) from 2020

Expenses

Down

$3,895

Down $71,242 (-95%) from 2020

Net Income

Down

-$3,895

Down $3,758 (-2743%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2014: $78,461Liabilities 2014: $4,245Net Assets 2014: $74,2162014Assets 2015: $2,966Net Assets 2015: $2,9662015Assets 2016: $2,845Liabilities 2016: $02016Assets 2017: $7,478Net Assets 2017: $7,4782017Assets 2018: $5,175Liabilities 2018: $0Net Assets 2018: $5,1752018Assets 2019: $4,032Net Assets 2019: $4,0322019Assets 2020: $3,895Net Assets 2020: $3,8952020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities-
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $357,700Expenses 2014: $283,484Net Income 2014: $74,2162014Revenue 2015: $0Expenses 2015: $71,250Net Income 2015: -$71,2502015Revenue 2016: $8,000Expenses 2016: $8,121Net Income 2016: -$1212016Revenue 2017: $121,385Expenses 2017: $116,752Net Income 2017: $4,6332017Revenue 2018: $856,323Expenses 2018: $858,626Net Income 2018: -$2,3032018Revenue 2019: $61,750Expenses 2019: $62,893Net Income 2019: -$1,1432019Revenue 2020: $75,000Expenses 2020: $75,137Net Income 2020: -$1372020Revenue 2021: $0Expenses 2021: $3,895Net Income 2021: -$3,8952021

Highlighted filing

2021

Revenue$0
Expenses$3,895
Net Income-$3,895
Open 2021 Filing

Filings

Most recent year

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

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$0
Expenses
$3,895
Net income
-$3,895
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.04$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.75$0.75$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.62$0.63$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$8.56$8.59$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.07$0.07$1.21$1.17$0.05
2016Summary only. Only limited summary data is available for this year.$0.03$0.00$0.08$0.08$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00$0.71$0.71
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.04$0.74$3.58$2.83$0.74
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 3, 2022
Return Version
2021v4.0
Mission and Program Overview

Mission

To promote growth and development of commerce and industry in the US Virgin Islands

Program Services

DescriptionGrantsExpenses
In 2020 the organization focused on advocating adult cannabis use and job creation in the Virgin Islands.--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sebastiano P CassinelliPresident-$0--
James WatsonSecretary-$0--
Sebastiano P CassinelliTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
VIBT Inc
EIN
66-0764933
Phone
3405147017
Address
PO Box 25831, Christiansted, VI 00824

Signing Officer

Name
Sebastiano P Cassinelli
Title
President
Signed
2022-06-03
Discuss with paid preparer
Yes

Preparer

Firm
Rodney & Associates LLC
Address
1138 King Street suite 104, Christiansted, VI 00820
Preparer
Ronald Rodney EA
Phone
3407730096
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Bad debt $3825”

Other Assets.1009

“Notes and Loans Receivable - Beginning $3825 Notes and Loans Receivable - Ending $0”

Raw XML Appendix117 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Sebastiano P Cassinelli
IRS990EZ/BooksInCareOfDetail/PhoneNum03405147017
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 25831
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Christiansted
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd000824
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt070
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3895
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt070
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03895
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03895
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03895
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Sebastiano P Cassinelli
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1James Watson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Sebastiano P Cassinelli
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03825
IRS990EZ/OtherExpensesTotalAmt03825
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To promote growth and development of commerce and industry in the US Virgin Islands
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0In 2020 the organization focused on advocating adult cannabis use and job creation in the Virgin Islands.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt03895
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0false
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Cash in bank paid bank fees of $70.00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-10-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt070
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Bad debt $3825
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Notes and Loans Receivable - Beginning $3825 Notes and Loans Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Assets.1009
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Sebastiano P Cassinelli
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIBT Inc
ReturnHeader/Filer/BusinessNameControlTxt0VIBT
ReturnHeader/Filer/EIN0660764933
ReturnHeader/Filer/PhoneNum03405147017
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 25831
ReturnHeader/Filer/USAddress/CityNm0Christiansted
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VI
ReturnHeader/Filer/USAddress/ZIPCd000824
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0660865293
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rodney & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01138 King Street suite 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Christiansted
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd000820
ReturnHeader/PreparerPersonGrp/PhoneNum03407730096
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ronald Rodney EA
ReturnHeader/ReturnTs02022-06-03T08:12:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Sebastiano P
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Cassinelli
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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