Civic Intelligence

Joseph Francis Wallace Trust

990PF • Fiscal year 2017 • EIN 71-6157075

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

Organization Profile
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.

2017 filings • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

17th percentile

0.00x

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

2017 filings • $5M-$10M nonprofits • Source year 2017

Net Margin

61st percentile

7.8%

Higher net margin than 61% of similar nonprofits.

2017 filings • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

29th percentile

$2,400

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2017 filings • $5M-$10M nonprofits • Source year 2017

Asset Growth

38th percentile

0.4%

Faster asset growth than 38% of similar nonprofits.

2017 filings • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

2017 filings • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$6,482,256

Up $27,540 (+0.4%) from 2016

Net Assets

Up

$6,482,256

Up $27,540 (+0.4%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin61st percentile

Revenue

Up

$353,962

Up $48,468 (+16%) from 2016

Expenses

Down

$326,423

Down $2,288 (-0.7%) from 2016

Net Income

Up

$27,539

Up $50,756 (+219%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

2017

Assets$6,482,256
Liabilities$0
Net Assets$6,482,256
Open 2017 Filing

Operations Trend

Revenue Growth69th percentile

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

2017

Revenue$353,962
Expenses$326,423
Net Income$27,539
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Compensation and Service Providers
Top Officer Pay29th percentile

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
2018-05-14
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 Appendix352 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/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/Expenses1Amt0300157
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/Amt0300157
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/TotalGrantOrContriPdDurYrAmt0300157
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/AppliedToCurrentYearAmt09879
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt0299353
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0303039
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0309232
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0293160
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt0299353
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt00
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt10
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0Bridges Young Matthews Drake PLC
LegalFeesSchedule/LegalFeesGrp/CategoryTxt1Gibbs Ferguson, Attorney
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt00
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt12400
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt065
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt17200
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt065
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt14800
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt0315
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0Rounding
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc1Utility deposit
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt01
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt1315
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt0315
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Advertising
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Licenses
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2Meeting
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3Office supplies
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt020
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt124
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt2185
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt340
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt020
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt124
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2185
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt340
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Excise tax refund
OtherIncomeSchedule2/OtherIncomeDetail/Desc1Form 4835
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt03409
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt19873
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt03409
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt19873
OtherIncreasesSchedule/OtherIncreasesDetail/Amt01
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0Rounding
TaxesSchedule/TaxesDetail/Amt010802
TaxesSchedule/TaxesDetail/CategoryTxt0Property taxes
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt010802
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Gibbs Ferguson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
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/PreparerFirmEIN0710765675
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/ReturnTs02018-05-14T07:45:25-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2017 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,482,256
Liabilities
$0
Net assets
$6,482,256
Revenue
$353,962
Expenses
$326,423
Net income
$27,539
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