Civic Intelligence

Truly Valued Inc.

990 • Fiscal year 2019 • EIN 81-2755747

Jan 01, 2019 to Dec 31, 2019 • Filed on Jan 27, 2020

PO Box 381Palmetto, FL 34220

(941) 222-0645

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

59th percentile

7.8%

Higher net margin than 59% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$4,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

14th percentile

-36%

Faster revenue growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$42,051

Up $5,591 (+15%) from 2018

Net Assets

Up

$42,051

Up $5,591 (+15%) from 2018

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Down

$71,486

Down $40,633 (-36%) from 2018

Expenses

Down

$65,895

Down $24,097 (-27%) from 2018

Net Income

Down

$5,591

Down $16,536 (-75%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $4,368Net Assets 2016: $4,3682016Assets 2017: $14,333Net Assets 2017: $14,3332017Assets 2018: $36,460Net Assets 2018: $36,4602018Assets 2019: $42,051Liabilities 2019: $0Net Assets 2019: $42,0512019Assets 2020: $60,540Liabilities 2020: $0Net Assets 2020: $60,5402020Assets 2021: $81,090Liabilities 2021: $0Net Assets 2021: $81,0902021Assets 2022: $93,784Liabilities 2022: $02022Assets 2023: $163,005Liabilities 2023: $0Net Assets 2023: $163,0052023Assets 2025: $36,289Liabilities 2025: $0Net Assets 2025: $36,2892025

Highlighted filing

2019

Assets$42,051
Liabilities$0
Net Assets$42,051

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $11,524Expenses 2016: $7,272Net Income 2016: $4,2522016Revenue 2017: $33,332Expenses 2017: $23,367Net Income 2017: $9,9652017Revenue 2018: $112,119Expenses 2018: $89,992Net Income 2018: $22,1272018Revenue 2019: $71,486Expenses 2019: $65,895Net Income 2019: $5,5912019Revenue 2020: $71,590Expenses 2020: $42,672Net Income 2020: $28,9182020Revenue 2021: $119,414Expenses 2021: $105,457Net Income 2021: $13,9572021Revenue 2022: $146,147Expenses 2022: $133,453Net Income 2022: $12,6942022Revenue 2023: $346,582Expenses 2023: $277,361Net Income 2023: $69,2212023Revenue 2025: $382,404Expenses 2025: $396,093Net Income 2025: -$13,6892025

Highlighted filing

2019

Revenue$71,486
Expenses$65,895
Net Income$5,591
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jan 27, 2020
Return Version
2019v5.0
Gross Receipts
$80,755
Mission and Program Overview

Mission

Our mission is to empower youth and families by fostering positive self-esteem promoting education and nurturing confidence and strong character that lead to lifelong growth and resilience.

History and Mission: Truly Valued, Inc. (formerly I Am More, Inc.) was established in 2014 by a small group of volunteers as a community based outreach event called Tea Party 4 Girls serving 30 girls. Chartered as a 501 (c)(3) organization in 2016, Truly Valued expanded its operational reach by serving up to 130 girls and establishing formal mentoring, educational and career exploration programming for adolescent girls in Manatee and Sarasota Counties. In 2018, Truly Valued served more than 1,800 low-income youth through a variety of activities designed to provide knowledge, skills and inspiration that will help them grow to lead happy, successful lives as adults. Mission: Our mission is to provide services to middle and high school girls focused on building self-esteem, confidence and character to promote positive self-image, positively impact educational and career aspirations and improve academic achievement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$36,460$42,051▲ $5,591
Cash and Non-Interest-Bearing Accounts$35,848$38,596▲ $2,748
Prepaid Expenses and Deferred Charges$0$2,441▲ $2,441
Savings and Temporary Cash Investments$612$1,014▲ $402
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$36,460$42,051▲ $5,591
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$36,460$42,051▲ $5,591
Total Liabilities and Net Assets / Fund Balance$36,460$42,051▲ $5,591
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shavonne SimonExecutive DirectorPT$4,000$4,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$71,167
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$319
All Other Contributions
$40,954
Change in Net Assets
$5,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$61,895
Total Fundraising Expense$21,285
Salaries, Compensation, and Employee Benefits$4,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$19,409$6,010$2,922$28,341
Conferences and Meetings$3,838$688$9,667$14,193
Other Expenses$2,240$0$5,120$7,360
Current Officers, Directors, Trustees, and Key Employees$0$4,000$0$4,000
Fees for Services Other$2,065$0$1,750$3,815
Payments to Affiliates$2,065$0$1,750$3,815
Insurance$0$2,776$0$2,776
Travel$632$0$0$632
Information Technology$0$448$0$448
Occupancy$308$0$0$308
Advertising$10$121$76$207
Total Functional Expenses$30,567$14,043$21,285$65,895
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,950
Fundraising Gross Income$8,950
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Taste of New Orleans$23,428$8,950$0$8,950
Total Events$23,428$8,950$0$8,950
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11B

No review was or will be conducted

Part VI, Section B, Line 12C

Compliance is reviewed during quarterly Board meetings.

Part VI, Section C, Line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Truly Valued Inc
EIN
81-2755747
In Care Of
% Shavonne Simon
Phone
9412220645
Address
PO Box 381, Palmetto, FL 34220

Signing Officer

Name
Shavonne Simon
Title
Executive Director
Phone
9414656749
Signed
2020-01-27
Discuss with paid preparer
No

Organization Details

Formed
2016
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
75
Supplemental Narrative

Additional Explanations

Part IX, line 11G

| Description:, Amount:| Contract Services, $3815|

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IRS990/Desc0Tea Party 4 Girls These events are designed to empower our youth through conversations with professional women who live and work in their own community. They share their experience and expertise, bringing a wealth of knowledge from backgrounds in law enforcement, politics, entrepreneurship, arts and entertainment. One-Sack Give Back A project to assemble and distribute backpacks of school supplies to low-income students in our community to assist them through the school year. In 2018, Truly Valued provided 1,647 backpacks filled with school supplies, accumulating more than 100 service hours.
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IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0319
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0319
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0308
IRS990/OccupancyGrp/TotalAmt0308
IRS990/OfficeExpensesGrp/FundraisingAmt02922
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06010
IRS990/OfficeExpensesGrp/ProgramServicesAmt019409
IRS990/OfficeExpensesGrp/TotalAmt028341
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Misc. Expenses
IRS990/OtherExpensesGrp/FundraisingAmt05120
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt02240
IRS990/OtherExpensesGrp/TotalAmt07360
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt01750
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt02065
IRS990/PaymentsToAffiliatesGrp/TotalAmt03815
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02441
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Shavonne Simon
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Priceless Girls Mentoring Program is designed to help cultivate the skills that adolescent girls need to develop as successful adults with a strong sense of their own identity. The innovative, group-style mentoring program empowers through direct instruction, experiential learning, as well as trust and team building activities designed to improve confidence and respect for others. The program focuses on exposing the girls to a variety of learning experiences via hands-on activities focused on the arts, etiquette, communication, health and wellness, career exploration, academics and community service. This program provides a high-quality system of support for young ladies and provides tools to encourage positive decision making. (Self Esteem, Confidence, Positive Self-Image, Character, Listening Skills, Communication)
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09959
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Truly Valued extends opportunities for youth to participate in activities during the summer such as camp, college bound tours or a variety of service projects to promote social engagement. Summer Enrichment provides a safe environment for them to gain self-confidence as they learn new skills such as problem solving and interpersonal skills.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04809
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt083274
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt084857
IRS990/PYOtherRevenueAmt028845
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt022127
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt089992
IRS990/PYTotalProfFndrsngExpnsAmt05135
IRS990/PYTotalRevenueAmt0112119
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05591
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt015735
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ReservesMaintainedAmt00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt036460
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt042051
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0612
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01014
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| S.No:, Year:, Description:| 1, 2017, In-kind goods and services| 2, 2016, In-In-kind goods and services|
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part III, line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt071167
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt083274
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt021728
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt08738
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0184907
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01133
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01289
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01466
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03888
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt07360
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt015712
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05536
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01320
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt029928
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X

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