Civic Intelligence

Eco Veba Trust

990EZ • Fiscal year 2021 • EIN 80-6225704

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

3003 SW Newberry CtPalm City, FL 34990

(719) 475-2448

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

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

2021 filings • 501(c)9 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

65th percentile

0.00x

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

2021 filings • 501(c)9 • <$500k nonprofits • Source year 2021

Net Margin

12th percentile

-684%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)9 • <$500k nonprofits • Source year 2021

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2021 filings • 501(c)9 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-98%

Faster asset growth than 10% of similar nonprofits.

2021 filings • 501(c)9 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-99%

Faster revenue growth than 11% of similar nonprofits.

2021 filings • 501(c)9 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$5,914

Down $237,702 (-98%) from 2020

Net Assets

Down

$5,914

Down $237,702 (-98%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$35,137

Down $2,365,399 (-99%) from 2020

Expenses

Down

$275,380

Down $3,075,639 (-92%) from 2020

Net Income

Up

-$240,243

Up $710,240 (+75%) from 2020

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 2013: $589,995Liabilities 2013: $215,930Net Assets 2013: $374,0652013Assets 2014: $1,292,386Liabilities 2014: $215,930Net Assets 2014: $1,076,4562014Assets 2015: $3,638,501Liabilities 2015: $1,473,692Net Assets 2015: $2,164,8092015Assets 2016: $5,478,997Liabilities 2016: $1,564,717Net Assets 2016: $3,914,2802016Assets 2017: $7,247,384Liabilities 2017: $1,832,915Net Assets 2017: $5,414,4692017Assets 2018: $6,311,126Liabilities 2018: $2,418,463Net Assets 2018: $3,892,6632018Assets 2019: $4,076,983Liabilities 2019: $2,955,261Net Assets 2019: $1,121,7222019Assets 2020: $243,616Liabilities 2020: $0Net Assets 2020: $243,6162020Assets 2021: $5,914Liabilities 2021: $0Net Assets 2021: $5,9142021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2021

Assets$5,914
Liabilities$0
Net Assets$5,914

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2013: $2,016,100Expenses 2013: $1,642,035Net Income 2013: $374,0652013Revenue 2014: $5,686,359Expenses 2014: $4,983,968Net Income 2014: $702,3912014Revenue 2015: $11,952,615Expenses 2015: $11,080,290Net Income 2015: $872,3252015Revenue 2016: $15,066,600Expenses 2016: $13,318,133Net Income 2016: $1,748,4672016Revenue 2017: $17,823,463Expenses 2017: $16,484,434Net Income 2017: $1,339,0292017Revenue 2018: $20,463,468Expenses 2018: $22,027,219Net Income 2018: -$1,563,7512018Revenue 2019: $24,881,106Expenses 2019: $27,834,558Net Income 2019: -$2,953,4522019Revenue 2020: $2,400,536Expenses 2020: $3,351,019Net Income 2020: -$950,4832020Revenue 2021: $35,137Expenses 2021: $275,380Net Income 2021: -$240,2432021Revenue 2022: $0Expenses 2022: $5,914Net Income 2022: -$5,9142022

Highlighted filing

2021

Revenue$35,137
Expenses$275,380
Net Income-$240,243
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$35,137
Mission and Program Overview

Mission

The trust is organized with the purpose of serving as a vehicle to fund employee welfare benefit plans for employees of all member congregations of eco: a covenant order of evangelical presbyterians (eco) and of participating member congregations of fellowship of presbyterians (fop).

Program Services

DescriptionGrantsExpenses
EMPLOYEE WELFARE BENEFIT PLAN ADMINISTRATION AND OPERATION-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
J RANDOLPH BARECommittee Member-$0--
RICHARD YOUNGCommittee Member-$0--
MICHAEL TEMPLETONCommittee Member-$0--
JOHN TERECHCommittee ChairPT$0--
Alison MurrayCommittee Member-$0--
Filing and Contact Details

Filer

Filer Name
ECO VEBA Trust
EIN
80-6225704
In Care Of
% JOHN TERECH
Phone
7194752448
Address
3003 SW Newberry Ct, Palm City, FL 34990

Signing Officer

Name
John Terech
Title
committee chair
Phone
7194752448
Signed
2022-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Bkd Llp
Address
111 South Tejon Suite 800, Colorado Springs, CO 80903-9848
Preparer
Adam R Smith CPA
Phone
7194714290
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

SIGNIFICANT CHANGES IN CONDUCT OF PROGRAM SERVICES: During 2020, the organization began to significantly scale back and wind down operations with the intent to dissolve and cease operations entirely in 2021.

Form 990-EZ, Part V

During the year, the organization did not receive any funds, directly or indirectly, to pay premiums on a personal benefit contract and the organization did not pay premiums, directly or indrectly, on a personal benefit contract.

Form 990EZ Part I Line 16

Description:BAD DEBT EXPENSE Amount:26599

Form 990EZ Part I Line 16

Description:DELUXE BUS CHECKS Amount:196

Form 990EZ Part I Line 16

Description:HEALTHCOMP ADMIN FEES Amount:1512

Form 990EZ Part I Line 20

Description:PRIOR PERIOD ADJUSTMENT Amount:2541

Raw XML Appendix133 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
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IRS990EZ/BenefitsPaidToOrForMembersAmt0239793
IRS990EZ/BooksInCareOfDetail/PersonNm0JOHN TERECH
IRS990EZ/BooksInCareOfDetail/PhoneNum07194714420
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03003 SW NEWBERRY CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Palm City
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034990
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0188198
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05914
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-240243
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07280
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0243616
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IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt035137
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0243616
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05914
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0243616
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05914
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt320.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0J RANDOLPH BARE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHAEL TEMPLETON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHN TERECH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Alison Murray
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3committee chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4committee member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt055418
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt02541
IRS990EZ/OtherExpensesTotalAmt028307
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE TRUST IS ORGANIZED WITH THE PURPOSE OF SERVING AS A VEHICLE TO FUND EMPLOYEE WELFARE BENEFIT PLANS FOR EMPLOYEES OF ALL MEMBER CONGREGATIONS OF ECO: A COVENANT ORDER OF EVANGELICAL PRESBYTERIANS (ECO) AND OF PARTICIPATING MEMBER CONGREGATIONS OF FELLOWSHIP OF PRESBYTERIANS (FOP).
IRS990EZ/ProgramServiceRevenueAmt035137
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EMPLOYEE WELFARE BENEFIT PLAN ADMINISTRATION AND OPERATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0275380
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt035137
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.eco-pres.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SIGNIFICANT CHANGES IN CONDUCT OF PROGRAM SERVICES: During 2020, the organization began to significantly scale back and wind down operations with the intent to dissolve and cease operations entirely in 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING THE YEAR, THE ORGANIZATION DID NOT RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT AND THE ORGANIZATION DID NOT PAY PREMIUMS, DIRECTLY OR INDRECTLY, ON A PERSONAL BENEFIT CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:BAD DEBT EXPENSE Amount:26599
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:DELUXE BUS CHECKS Amount:196
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:HEALTHCOMP ADMIN FEES Amount:1512
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:PRIOR PERIOD ADJUSTMENT Amount:2541
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990EZ PART I LINE 20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0John Terech
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0committee chair
ReturnHeader/BusinessOfficerGrp/PhoneNum07194752448
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ECO VEBA Trust
ReturnHeader/Filer/BusinessNameControlTxt0ECOV
ReturnHeader/Filer/EIN0806225704
ReturnHeader/Filer/InCareOfNm0% JOHN TERECH
ReturnHeader/Filer/PhoneNum07194752448
ReturnHeader/Filer/USAddress/AddressLine1Txt03003 SW Newberry Ct
ReturnHeader/Filer/USAddress/CityNm0Palm City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034990
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BKD LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 South Tejon Suite 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Colorado Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0809039848
ReturnHeader/PreparerPersonGrp/PhoneNum07194714290
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Adam R Smith CPA
ReturnHeader/ReturnTs02022-05-13T15:12:03-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0John
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Terech
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings