Civic Intelligence

Joseph Francis Wallace Trust

990PF • Fiscal year 2016 • EIN 71-6157075

Jan 01, 2016 to Dec 31, 2016 • Filed on May 11, 2017

C/O Gibbs Ferguson 209 West Oak StMcGehee, AR 71654

(870) 222-6660

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

16th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • $5M-$10M nonprofits • Source year 2016

Net Margin

26th percentile

-7.6%

Higher net margin than 26% of similar nonprofits.

2016 filings • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

28th percentile

$2,400

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2016 filings • $5M-$10M nonprofits • Source year 2016

Asset Growth

42nd percentile

-0.4%

Faster asset growth than 42% of similar nonprofits.

2016 filings • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-70%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$6,454,716

Down $23,216 (-0.4%) from 2015

Net Assets

Down

$6,454,716

Down $23,216 (-0.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$305,494

Down $721,105 (-70%) from 2015

Expenses

Up

$328,711

Up $1,528 (+0.5%) from 2015

Net Income

Down

-$23,217

Down $722,633 (-103%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,379,374Liabilities 2011: $02011Assets 2012: $2,603,298Liabilities 2012: $02012Assets 2013: $2,545,521Liabilities 2013: $02013Assets 2014: $5,778,518Liabilities 2014: $1Net Assets 2014: $5,778,5172014Assets 2015: $6,477,932Liabilities 2015: $0Net Assets 2015: $6,477,9322015Assets 2016: $6,454,716Liabilities 2016: $0Net Assets 2016: $6,454,7162016Assets 2017: $6,482,256Liabilities 2017: $0Net Assets 2017: $6,482,2562017Assets 2018: $6,456,152Liabilities 2018: $1Net Assets 2018: $6,456,1512018Assets 2019: $6,447,175Liabilities 2019: $0Net Assets 2019: $6,447,1752019Assets 2020: $6,449,739Liabilities 2020: $0Net Assets 2020: $6,449,7392020Assets 2021: $6,435,054Liabilities 2021: $0Net Assets 2021: $6,435,0542021Assets 2022: $6,426,397Liabilities 2022: $0Net Assets 2022: $6,426,3972022Assets 2023: $6,411,528Liabilities 2023: $0Net Assets 2023: $6,411,5282023Assets 2024: $6,402,330Liabilities 2024: $1Net Assets 2024: $6,402,3292024

Highlighted filing

2016

Assets$6,454,716
Liabilities$0
Net Assets$6,454,716

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $333,813Expenses 2011: $133,987Net Income 2011: $199,8262011Revenue 2012: $399,308Expenses 2012: $175,384Net Income 2012: $223,9242012Revenue 2013: $244,160Expenses 2013: $301,938Net Income 2013: -$57,7782013Revenue 2014: $3,562,624Expenses 2014: $329,628Net Income 2014: $3,232,9962014Revenue 2015: $1,026,599Expenses 2015: $327,183Net Income 2015: $699,4162015Revenue 2016: $305,494Expenses 2016: $328,711Net Income 2016: -$23,2172016Revenue 2017: $353,962Expenses 2017: $326,423Net Income 2017: $27,5392017Revenue 2018: $310,539Expenses 2018: $336,643Net Income 2018: -$26,1042018Revenue 2019: $323,109Expenses 2019: $332,085Net Income 2019: -$8,9762019Revenue 2020: $324,899Expenses 2020: $322,335Net Income 2020: $2,5642020Revenue 2021: $322,908Expenses 2021: $337,593Net Income 2021: -$14,6852021Revenue 2022: $323,703Expenses 2022: $332,360Net Income 2022: -$8,6572022Revenue 2023: $332,765Expenses 2023: $347,633Net Income 2023: -$14,8682023Revenue 2024: $330,015Expenses 2024: $339,214Net Income 2024: -$9,1992024

Highlighted filing

2016

Revenue$305,494
Expenses$328,711
Net Income-$23,217
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 11, 2017
Return Version
2016v3.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert LuckyTrustee-$2,400-$2,400
James KelleyTrustee-$2,400-$2,400
Gibbs FergusonTrusteePT$0--
Filing and Contact Details

Filer

Filer Name
Joseph Francis Wallace Trust
EIN
71-6157075
Phone
8702226660
Address
C/O Gibbs Ferguson 209 West Oak St, McGehee, AR 71654

Signing Officer

Name
Gibbs Ferguson
Title
Trustee
Signed
2017-05-11
Discuss with paid preparer
Yes

Preparer

Firm
The Montgomery Firm CPAs PA
Address
202 West Lynn Street, Mc Gehee, AR 71654
Preparer
Cynthia R Montgomery
Phone
8702226005
Raw XML Appendix376 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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IRS990PF/QualifyingDistriPartXIIGrp/PctSect4940eOrgNetInvstIncmAmt02691
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt0292270
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd0false
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/ExcessBusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/MaintainedExpenditureRspnsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProceedsOrNetIncomeInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransactionsFailToQlfyAsExcInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistrIncmSect4942a2NotAppInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/Form990TFiledInd0false
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0202 W Lynn
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0McGehee
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0AR
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd071654
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0AR
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0Montgomery Firm
IRS990PF/StatementsRegardingActyGrp/PhoneNum08702226005
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0WALLACE TRUST FOUNDATION-CONTRIBUTIONS TO THE WALLACE TRUST FOUNDATION WERE USED TO PROVIDE FOR THE EDUCATIONAL EXPENSES OF STUDENTS, ASSISTANCE FOR INDIVIDUALS WITH HARDSHIPS, AS WELL AS FUNDING FOR VARIOUS OTHER CHARITABLE ORGANIZATIONS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt0283220
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0Applications should be in writing giving the applicant's name, address, telephone number and details why the applicant deserves consideration.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0Gibbs Ferguson
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum08702226660
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0209 West Oak Street
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0McGehee
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0AR
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd071654
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0Scholarships and grants are limited to the education, maintenance, sustenance and rehabilitation of deserving people who are in need of assistance due to age, illness, disability, infirmity or adverse conditions and whose needs are not met through usual assistance from state or federal governments or from mainline charitable organizations.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0Applications are accepted at any time.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt0283220
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0Scholarships/Charitable
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0P.F.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm0Wallace Trust Foundation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0209 W Oak Street
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0McGehee
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0AR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd071654
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0283220
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt09745
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt0282525
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0309098
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0292270
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0299353
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt0282525
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt00
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt10
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0Bridges Young Matthews Mark PLC
LegalFeesSchedule/LegalFeesGrp/CategoryTxt1Gibbs Ferguson, Attorney
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt00
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt12400
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt01077
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt16600
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt01077
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt14200
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt0315
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0Utility deposit
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt0315
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt0315
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Advertising
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Meeting
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2Office supplies
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3Recording fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4Surveying
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt022
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt1174
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt2283
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt330
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt4725
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt022
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1174
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2283
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt330
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt4725
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Form 4835
OtherIncomeSchedule2/OtherIncomeDetail/Desc1Other Investment Income
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0144067
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt1106
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0144067
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt1106
OtherIncreasesSchedule/OtherIncreasesDetail/Amt01
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0Rounding
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt02000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0Consultant
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt02000
TaxesSchedule/TaxesDetail/Amt026747
TaxesSchedule/TaxesDetail/CategoryTxt0Excise taxes paid
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt026747
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Gibbs Ferguson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Joseph Francis Wallace Trust
ReturnHeader/Filer/BusinessNameControlTxt0JOSE
ReturnHeader/Filer/EIN0716157075
ReturnHeader/Filer/PhoneNum08702226660
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O Gibbs Ferguson 209 West Oak St
ReturnHeader/Filer/USAddress/CityNm0McGehee
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd071654
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Montgomery Firm CPAs PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202 West Lynn Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mc Gehee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071654
ReturnHeader/PreparerPersonGrp/PhoneNum08702226005
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cynthia R Montgomery
ReturnHeader/ReturnTs02017-05-11T10:10:25-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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.$6.40$0.00$6.40$0.33$0.34$0.01
2023Detailed filing. Detailed filing data is available for this year.$6.41$0.00$6.41$0.33$0.35$0.01
2022Detailed filing. Detailed filing data is available for this year.$6.43$0.00$6.43$0.32$0.33$0.01
2021Detailed filing. Detailed filing data is available for this year.$6.44$0.00$6.44$0.32$0.34$0.01
2020Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$0.32$0.32$0.00
2019Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$0.32$0.33$0.01
2018Detailed filing. Detailed filing data is available for this year.$6.46$0.00$6.46$0.31$0.34$0.03
2017Detailed filing. Detailed filing data is available for this year.$6.48$0.00$6.48$0.35$0.33$0.03
2016Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$0.31$0.33$0.02
2015Detailed filing. Detailed filing data is available for this year.$6.48$0.00$6.48$1.03$0.33$0.70
2014Detailed filing. Detailed filing data is available for this year.$5.78$0.00$5.78$3.56$0.33$3.23
2013Summary only. Only limited summary data is available for this year.$2.55$0.00$0.24$0.30$0.06
2012Summary only. Only limited summary data is available for this year.$2.60$0.00$0.40$0.18$0.22
2011Summary only. Only limited summary data is available for this year.$2.38$0.00$0.33$0.13$0.20