Civic Intelligence

Xds Inc.

990 • Fiscal year 2020 • EIN 68-0582042

Jan 01, 2020 to Dec 31, 2020 • Filed on May 03, 2021

PO Box 368Carrboro, NC 27510

(919) 656-4395

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.24x

Higher debt load relative to assets than 42% of similar nonprofits.

2020 filings • NTEE F • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.75x

Higher debt load relative to revenue than 80% of similar nonprofits.

2020 filings • NTEE F • $1M-$5M nonprofits • Source year 2020

Net Margin

98th percentile

66%

Higher net margin than 98% of similar nonprofits.

2020 filings • NTEE F • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2020 filings • NTEE F • $1M-$5M nonprofits • Source year 2020

Asset Growth

69th percentile

34%

Faster asset growth than 69% of similar nonprofits.

2020 filings • NTEE F • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

78%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • NTEE F • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,406,060

Up $358,400 (+34%) from 2019

Net Assets

Up

$1,065,140

Up $300,928 (+39%) from 2019

Liabilities

Up

$340,920

Up $57,472 (+20%) from 2019

Revenue

Up

$454,232

Up $199,553 (+78%) from 2019

Expenses

Down

$153,304

Down $99,393 (-39%) from 2019

Net Income

Up

$300,928

Up $298,946 (+15083%) from 2019

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: $1,269,000Liabilities 2010: $470,900Net Assets 2010: $798,1002010Assets 2011: $1,045,485Liabilities 2011: $357,790Net Assets 2011: $687,6952011Assets 2012: $888,707Liabilities 2012: $323,289Net Assets 2012: $565,4182012Assets 2013: $793,540Liabilities 2013: $295,795Net Assets 2013: $497,7452013Assets 2014: $786,996Liabilities 2014: $277,513Net Assets 2014: $509,4832014Assets 2015: $831,662Liabilities 2015: $253,679Net Assets 2015: $577,9832015Assets 2016: $1,125,792Liabilities 2016: $335,631Net Assets 2016: $790,1612016Assets 2017: $1,086,923Liabilities 2017: $319,571Net Assets 2017: $767,3522017Assets 2018: $1,063,499Liabilities 2018: $301,269Net Assets 2018: $762,2302018Assets 2019: $1,047,660Liabilities 2019: $283,448Net Assets 2019: $764,2122019Assets 2020: $1,406,060Liabilities 2020: $340,920Net Assets 2020: $1,065,1402020Assets 2021: $2,474,983Liabilities 2021: $763,319Net Assets 2021: $1,711,6642021Assets 2022: $3,137,250Liabilities 2022: $527,886Net Assets 2022: $2,609,3642022Assets 2023: $3,632,930Liabilities 2023: $685,782Net Assets 2023: $2,947,1482023Assets 2024: $3,646,590Liabilities 2024: $668,922Net Assets 2024: $2,977,6682024

Highlighted filing

2020

Assets$1,406,060
Liabilities$340,920
Net Assets$1,065,140

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,748,5742010Expenses 2011: $745,6452011Expenses 2012: $182,9862012Revenue 2013: $11,125Expenses 2013: $78,798Net Income 2013: -$67,6732013Revenue 2014: $133,834Expenses 2014: $125,946Net Income 2014: $7,8882014Revenue 2015: $199,908Expenses 2015: $131,408Net Income 2015: $68,5002015Revenue 2016: $396,933Expenses 2016: $184,755Net Income 2016: $212,1782016Revenue 2017: $111,395Expenses 2017: $134,204Net Income 2017: -$22,8092017Revenue 2018: $180,826Expenses 2018: $185,948Net Income 2018: -$5,1222018Revenue 2019: $254,679Expenses 2019: $252,697Net Income 2019: $1,9822019Revenue 2020: $454,232Expenses 2020: $153,304Net Income 2020: $300,9282020Revenue 2021: $805,605Expenses 2021: $159,081Net Income 2021: $646,5242021Revenue 2022: $1,067,217Expenses 2022: $169,517Net Income 2022: $897,7002022Revenue 2023: $565,995Expenses 2023: $228,211Net Income 2023: $337,7842023Revenue 2024: $444,454Expenses 2024: $413,934Net Income 2024: $30,5202024

Highlighted filing

2020

Revenue$454,232
Expenses$153,304
Net Income$300,928
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 3, 2021
Return Version
2020v4.1
Gross Receipts
$454,232
Mission and Program Overview

Mission

To empower and assist people with multiple disabilities to live in the community of their choice, achieve personal responsibility, and gain an enhanced quality of life by providing an array of clinically appropriate, person-centered, and flexible treatment, rehabilitation, and support services to people with multiple disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$813,423$1,115,463▲ $302,040
Savings and Temporary Cash Investments-$206,946-
Cash and Non-Interest-Bearing Accounts$187,776$81,651▼ $106,125
Investments Other Securities$46,461--
Accounts Receivable-$2,000-
Total Assets$1,047,660$1,406,060▲ $358,400
Liabilities
Mortgage Notes Payable Secured by Investment Property$283,448$282,623▼ $825
Accounts Payable and Accrued Expenses-$44,907-
Other Liabilities$0$13,390▲ $13,390
Total Liabilities$283,448$340,920▲ $57,472
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$764,212$1,065,140▲ $300,928
Total Net Assets Fund Balance$764,212$1,065,140▲ $300,928
Total Liabilities and Net Assets / Fund Balance$1,047,660$1,406,060▲ $358,400

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$577,799$159,504$737,303
Other Land Buildings$276,444$106,640$383,084
Land$261,000-$261,000
Equipment$220$1,957$2,177
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jay MillerTreasurer, Interim Chair
Thava MahadevanExecutive Director
Carol VanderzwaggTrustee
Elizabeth RossiTrustee
Hassani MonsantoTrustee
Madeline CrockettTrustee
Roger GilbertTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$325,682
Program Service Revenue
$127,572
Investment Income
$978
Other Revenue
$0
All Other Contributions
$325,682
Change in Net Assets
$300,928
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$153,304
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$28,866$21,105-$49,971
Depreciation Depletion$20,134--$20,134
Interest$14,707--$14,707
Occupancy$11,136--$11,136
Fees for Services Accounting-$5,340-$5,340
Insurance$5,012--$5,012
Office Expenses-$1,755-$1,755
Information Technology-$923-$923
Other Expenses$688--$688
Advertising-$434-$434
Total Functional Expenses$123,747$29,557$0$153,304
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
Other Liabilities$13,390
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

Organization does not have any committees.

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

The 990 is emailed to all of the board members and executive director prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members and officers are asked annually regarding any possible conflict of interest that has arisen.

Form 990, Part VI, Section B, Line 15

NO ONE IS COMPENSATED.

Form 990, Part VI, Section C, Line 18

UPON REQUEST

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Xds Inc
EIN
68-0582042
Phone
9196564395
Address
PO BOX 368, CARRBORO, NC 27510

Signing Officer

Name
Thavagunan Mahadevan
Title
Executive Director
Phone
9196564395
Signed
2021-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thavagunan Mahadevan
Formed
2004
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
8

Preparer

Firm
Blackman & Sloop Cpas Pa
Address
1414 RALEIGH RD SUITE 300, CHAPEL HILL, NC 27517
Preparer
Elizabeth Mauch
Phone
9199428700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other contract expenses: program service expenses 28,866. Management and general expenses 21,105. Fundraising expenses 0. Total expenses 49,971.

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IRS990ScheduleA/InvestmentIncomeCYPct00.02630
IRS990ScheduleA/InvestmentIncomePYPct00.02320
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97370
IRS990ScheduleA/PublicSupportPY509Pct00.97680
IRS990ScheduleA/PublicSupportTotal509Amt01242192
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0453254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0271940
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0195999
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0111400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0209599
IRS990ScheduleA/Total509Grp/TotalAmt01242192
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0454232
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0271940
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0195999
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0111400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0242226
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01275797
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0577799
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0159504
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0737303
IRS990ScheduleD/EquipmentGrp/BookValueAmt0220
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01957
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02177
IRS990ScheduleD/LandGrp/BookValueAmt0261000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0261000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0276444
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0106640
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0383084
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013390
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01115463
IRS990ScheduleD/TotalLiabilityAmt013390
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS EMAILED TO ALL OF THE BOARD MEMBERS AND EXECUTIVE DIRECTOR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS AND OFFICERS ARE ASKED ANNUALLY REGARDING ANY POSSIBLE CONFLICT OF INTEREST THAT HAS ARISEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO ONE IS COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER CONTRACT EXPENSES: PROGRAM SERVICE EXPENSES 28,866. MANAGEMENT AND GENERAL EXPENSES 21,105. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,971.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01047660
IRS990/TotalAssetsEOYAmt01406060
IRS990/TotalAssetsGrp/BOYAmt01047660
IRS990/TotalAssetsGrp/EOYAmt01406060
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0325682
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt029557
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0123747
IRS990/TotalFunctionalExpensesGrp/TotalAmt0153304
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0283448
IRS990/TotalLiabilitiesEOYAmt0340920
IRS990/TotalLiabilitiesGrp/BOYAmt0283448
IRS990/TotalLiabilitiesGrp/EOYAmt0340920
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0764212
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01065140
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0123747
IRS990/TotalProgramServiceRevenueAmt0127572
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0978
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0127572
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0454232
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01047660
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01406060
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 368
IRS990/USAddress/CityNm0CARRBORO
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027510
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.XDSINC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THAVAGUNAN MAHADEVAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09196564395
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0XDS INC
ReturnHeader/Filer/BusinessNameControlTxt0XDSI
ReturnHeader/Filer/EIN0680582042
ReturnHeader/Filer/PhoneNum09196564395
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 368
ReturnHeader/Filer/USAddress/CityNm0CARRBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027510
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561304727
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLACKMAN & SLOOP CPAS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01414 RALEIGH RD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHAPEL HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027517
ReturnHeader/PreparerPersonGrp/PhoneNum09199428700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH MAUCH
ReturnHeader/ReturnTs02021-05-06T10:41:12-05:00
ReturnHeader/ReturnTypeCd0990

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.$3.65$0.67$2.98$0.44$0.41$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.63$0.69$2.95$0.57$0.23$0.34
2022Detailed filing. Detailed filing data is available for this year.$3.14$0.53$2.61$1.07$0.17$0.90
2021Detailed filing. Detailed filing data is available for this year.$2.47$0.76$1.71$0.81$0.16$0.65
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.34$1.07$0.45$0.15$0.30
2019Summary only. Only limited summary data is available for this year.$1.05$0.28$0.76$0.25$0.25$0.00
2018Summary only. Only limited summary data is available for this year.$1.06$0.30$0.76$0.18$0.19$0.01
2017Summary only. Only limited summary data is available for this year.$1.09$0.32$0.77$0.11$0.13$0.02
2016Summary only. Only limited summary data is available for this year.$1.13$0.34$0.79$0.40$0.18$0.21
2015Summary only. Only limited summary data is available for this year.$0.83$0.25$0.58$0.20$0.13$0.07
2014Summary only. Only limited summary data is available for this year.$0.79$0.28$0.51$0.13$0.13$0.01
2013Summary only. Only limited summary data is available for this year.$0.79$0.30$0.50$0.01$0.08$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.32$0.57$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.36$0.69$0.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.47$0.80$1.75