Civic Intelligence

I-55 Partnership

990EZ • Fiscal year 2024 • EIN 81-2677182

Jan 01, 2024 to Dec 31, 2024 • Filed on Feb 07, 2025

304 Bon Lea DriveStaunton, VA 24401

(540) 290-1988

Siviq Scores

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

Liabilities / Assets

76th percentile

0.06x

Higher debt load relative to assets than 76% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

13th percentile

-33%

Higher net margin than 13% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

14th percentile

-41%

Faster asset growth than 14% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-14%

Faster revenue growth than 30% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$66,901

Down $45,559 (-41%) from 2023

Net Assets

$62,847

No earlier filing loaded for comparison.

Liabilities

Down

$4,054

Down $5,785 (-59%) from 2023

Revenue

Down

$121,703

Down $20,155 (-14%) from 2023

Expenses

Up

$161,477

Up $23,706 (+17%) from 2023

Net Income

Down

-$39,774

Down $43,861 (-1073%) from 2023

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $34,169Liabilities 2016: $2,7992016Assets 2017: $48,272Liabilities 2017: $438Net Assets 2017: $47,8342017Assets 2018: $79,074Liabilities 2018: $457Net Assets 2018: $78,6172018Assets 2019: $127,359Liabilities 2019: $436Net Assets 2019: $126,9232019Assets 2020: $107,106Liabilities 2020: $432Net Assets 2020: $106,6742020Assets 2021: $121,195Liabilities 2021: $426Net Assets 2021: $120,7692021Assets 2022: $101,291Liabilities 2022: $2222022Assets 2023: $112,460Liabilities 2023: $9,8392023Assets 2024: $66,901Liabilities 2024: $4,054Net Assets 2024: $62,8472024

Highlighted filing

2024

Assets$66,901
Liabilities$4,054
Net Assets$62,847

Operations Trend

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

$200K$100K$0-$100KRevenue 2016: $29,212Expenses 2016: $38,978Net Income 2016: -$9,7662016Revenue 2017: $115,172Expenses 2017: $98,708Net Income 2017: $16,4642017Revenue 2018: $127,218Expenses 2018: $96,435Net Income 2018: $30,7832018Revenue 2019: $176,907Expenses 2019: $131,976Net Income 2019: $44,9312019Revenue 2020: $80,579Expenses 2020: $101,269Net Income 2020: -$20,6902020Revenue 2021: $112,921Expenses 2021: $98,826Net Income 2021: $14,0952021Revenue 2022: $108,491Expenses 2022: $130,727Net Income 2022: -$22,2362022Revenue 2023: $141,858Expenses 2023: $137,771Net Income 2023: $4,0872023Revenue 2024: $121,703Expenses 2024: $161,477Net Income 2024: -$39,7742024

Highlighted filing

2024

Revenue$121,703
Expenses$161,477
Net Income-$39,774
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 7, 2025
Return Version
2024v5.0
Gross Receipts
$121,703
Mission and Program Overview

Mission

Ministry to intl university students

Program Services

DescriptionGrantsExpenses
TEACHING ENGLISH CLASSES TO INTERNATIONAL STUDENTS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN M YOUNGPresidentFT$0--
SHELIA M YOUNGSecretaryPT$0--
SHEILA A FAIRTreasurerPT$0--
BILL YOUNGChairman-$0--
BRYAN MURFREEBoard Member-$0--
KAREN HARRISONBoard Member-$0--
DEBBIE MORLOCKBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
I-55 Partnership
EIN
81-2677182
Phone
5402901988
Address
304 BON LEA DRIVE, STAUNTON, VA 24401

Signing Officer

Name
Steven M Young
Title
President
Phone
5402901988
Signed
2025-02-07
Discuss with paid preparer
Yes

Preparer

Firm
Cardinal Financial & Tax Ltd
Address
117 S LEWIS STREET SUITE 110, STAUNTON, VA 24401
Preparer
Sheila a Fair
Phone
5402481411
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

INTEREST 72

Form 990-EZ, Part I, Line 16, Other Expenses

Travel 8,206

Form 990-EZ, Part I, Line 16, Other Expenses

Meals and entertainment 3,784

Form 990-EZ, Part I, Line 16, Other Expenses

Conferences, conventions, and meetings 3,500

Form 990-EZ, Part I, Line 16, Other Expenses

Supplies 9,455

Form 990-EZ, Part I, Line 16, Other Expenses

Mileage reimbursement 2,704

Form 990-EZ, Part I, Line 16, Other Expenses

LICENSE PAYPAL FEES 687

Form 990-EZ, Part I, Line 16, Other Expenses

Student designated medical expense 2,342

Form 990-EZ, Part I, Line 16, Other Expenses

WORK STIPEND 2,800

Form 990-EZ, Part I, Line 16, Other Expenses

Missionary payout debbie morlock 2,321

Form 990-EZ, Part II, Line 26, Liabilities

DIRECT DEPOSIT PAYROLL LIABILITIES Beginning of year 9,839, End of year 4,054

Raw XML Appendix191 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STAUNTON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVEN M YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHELIA M YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHEILA A FAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BILL YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BRYAN MURFREE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KAREN HARRISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DEBBIE MORLOCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt035799
IRS990EZ/OtherRevenueTotalAmt072
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MINISTRY TO INTL UNIVERSITY STUDENTS
IRS990EZ/PrintingPublicationsPostageAmt0965
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TEACHING ENGLISH CLASSES TO INTERNATIONAL STUDENTS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0100396
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt09839
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04054
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0161477
IRS990EZ/TotalRevenueAmt0121703
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.I-55PARTNERSHIP.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0121631
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0107145
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0564134
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/PublicSupportTotal170Amt0564134
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0121631
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0141858
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0107145
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0112921
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt080579
IRS990ScheduleA/Total509Grp/TotalAmt0564134
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0121631
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0141858
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0107145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0112921
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt080579
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IRS990ScheduleA/TotalSupportAmt0564134
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0107145
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0564134
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/ExplanationTxt0INTEREST 72
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel 8,206
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Meals and entertainment 3,784
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, conventions, and meetings 3,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies 9,455
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MILEAGE REIMBURSEMENT 2,704
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LICENSE PAYPAL FEES 687
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7STUDENT DESIGNATED MEDICAL EXPENSE 2,342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8WORK STIPEND 2,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISSIONARY PAYOUT DEBBIE MORLOCK 2,321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DIRECT DEPOSIT PAYROLL LIABILITIES Beginning of year 9,839, End of year 4,054
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN M YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05402901988
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0I-55 PARTNERSHIP
ReturnHeader/Filer/BusinessNameControlTxt0I-55
ReturnHeader/Filer/EIN0812677182
ReturnHeader/Filer/PhoneNum05402901988
ReturnHeader/Filer/USAddress/AddressLine1Txt0304 BON LEA DRIVE
ReturnHeader/Filer/USAddress/CityNm0STAUNTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024401
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274005840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARDINAL FINANCIAL & TAX LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0117 S LEWIS STREET SUITE 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STAUNTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024401
ReturnHeader/PreparerPersonGrp/PhoneNum05402481411
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHEILA A FAIR
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-02-20T02:55:57-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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Filings