Civic Intelligence

Vibt Inc

990EZ • Fiscal year 2020 • EIN 66-0764933

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 25, 2021

Organization ProfileN/A
PO Box 25831Christiansted, VI 00824

(340) 514-7017

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

42nd percentile

-0.2%

Higher net margin than 42% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

39th percentile

-3.4%

Faster asset growth than 39% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

86th percentile

21%

Faster revenue growth than 86% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$3,895

Down $137 (-3.4%) from 2019

Net Assets

Down

$3,895

Down $137 (-3.4%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin42nd percentile

Revenue

Up

$75,000

Up $13,250 (+21%) from 2019

Expenses

Up

$75,137

Up $12,244 (+19%) from 2019

Net Income

Up

-$137

Up $1,006 (+88%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$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

2020

Assets$3,895
Liabilities-
Net Assets$3,895
Open 2020 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$75,000
Expenses$75,137
Net Income-$137
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 25, 2021
Return Version
2020v4.0
Gross Receipts
$75,000
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.$40,000-
Compensation and Service Providers
Top Officer Pay86th 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
2021-10-25
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

“Program Services $40000”

Other Expenses.2

“Dues $17211”

Other Assets.1009

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

Raw XML Appendix120 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/BOYAmt0207
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt070
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt075000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-137
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt010426
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04032
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03895
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt075000
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04032
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03895
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04032
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03895
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/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03825
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03825
IRS990EZ/OtherExpensesTotalAmt057211
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/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt040000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt07500
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt075137
IRS990EZ/TotalProgramServiceExpensesAmt040000
IRS990EZ/TotalRevenueAmt075000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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/ExplanationTxt0Program Services $40000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Dues $17211
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Notes and Loans Receivable - Beginning $3825 Notes and Loans Receivable - Ending $3825
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other 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/SignatureDt02021-10-25
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/ReturnTs02021-10-25T11:24:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Sebastiano P
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Cassinelli
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 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,895
Liabilities
-
Net assets
$3,895
Revenue
$75,000
Expenses
$75,137
Net income
-$137
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