Civic Intelligence

Selma Idea Factory Inc

EIN 81-4686090 • 501(c)3 • Selma, AL

Profile

Rebuild Selma's entrepreneurial community by developing problem solvers who build startups and invest in the community.

124 Mallory DriveSelma, AL 36701

selmaideafactory.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

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

Liabilities / Revenue

61st percentile

0.00x

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

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

Net Margin

3rd percentile

-1227%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

87th percentile

$6,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 1321.6% of source-year revenue.

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

Asset Growth

19th percentile

-47%

Faster asset growth than 19% of similar nonprofits.

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

Revenue Growth

4th percentile

-99%

Faster revenue growth than 4% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$6,371

Down $5,571 (-47%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$6,371

Down $5,571 (-47%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin3rd percentile

Revenue

Down

$454

Down $34,546 (-99%) from 2023

Expenses

Down

$6,025

Down $21,638 (-78%) from 2023

Net Income

Down

-$5,571

Down $12,908 (-176%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2018: $14,657Liabilities 2018: $0Net Assets 2018: $14,6572018Assets 2019: $249Liabilities 2019: $0Net Assets 2019: $2492019Assets 2020: $5,146Liabilities 2020: $0Net Assets 2020: $5,1462020Assets 2021: $4,300Liabilities 2021: $0Net Assets 2021: $4,3002021Assets 2022: $4,605Liabilities 2022: $0Net Assets 2022: $4,6052022Assets 2023: $11,942Liabilities 2023: $0Net Assets 2023: $11,9422023Assets 2024: $6,371Liabilities 2024: $0Net Assets 2024: $6,3712024

Highlighted filing

2024

Assets$6,371
Liabilities$0
Net Assets$6,371
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2018: $304,224Expenses 2018: $309,567Net Income 2018: -$5,3432018Revenue 2019: $113,000Expenses 2019: $127,408Net Income 2019: -$14,4082019Revenue 2020: $10,000Expenses 2020: $5,103Net Income 2020: $4,8972020Revenue 2021: $0Expenses 2021: $846Net Income 2021: -$8462021Revenue 2022: $330Expenses 2022: $25Net Income 2022: $3052022Revenue 2023: $35,000Expenses 2023: $27,663Net Income 2023: $7,3372023Revenue 2024: $454Expenses 2024: $6,025Net Income 2024: -$5,5712024

Highlighted filing

2024

Revenue$454
Expenses$6,025
Net Income-$5,571
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,371
Liabilities
$0
Net assets
$6,371
Revenue
$454
Expenses
$6,025
Net income
-$5,571
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.00$0.06$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.35$0.28$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.10$0.05$0.05
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$1.13$1.27$0.14
2018Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$3.04$3.10$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$454
Mission and Program Overview

Mission

Rebuild Selma's entrepreneurial community by developing problem solvers who build startups and invest in the community.

Program Services

DescriptionGrantsExpenses
Developed problem solvers who built startups and invested in the community$0$6,000
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jay GilmerDirector-$0$6,000$6,000
Ryan BergeronDirector-$0--
Robert ArmstrongDirector-$0--
Mel GilmerOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Selma Idea Factory Inc
EIN
81-4686090
Phone
3344126539
Address
124 Mallory Drive, Selma, AL 36701

Signing Officer

Name
J Mel Gilmer
Title
Officer
Phone
3344126539
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
EDWARDS & WILKINSON CPA'S
Address
500 Lauderdale Street, Selma, AL 36701
Phone
3348722335
Raw XML Appendix136 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MEL GILMER
IRS990EZ/BooksInCareOfDetail/PhoneNum03344126539
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0124 Mallory Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SELMA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd036701
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011942
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06371
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-5571
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06000
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011942
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06371
IRS990EZ/GrossReceiptsAmt0454
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011942
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06371
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011942
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt06000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jay Gilmer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Ryan Bergeron
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Robert Armstrong
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Mel Gilmer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Officer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Rebuild Selma's entrepreneurial community by developing problem solvers who build startups and invest in the community.
IRS990EZ/PrintingPublicationsPostageAmt025
IRS990EZ/ProgramServiceRevenueAmt0454
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Developed problem solvers who built startups and invested in the community
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06000
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0AL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt06025
IRS990EZ/TotalProgramServiceExpensesAmt06000
IRS990EZ/TotalRevenueAmt0454
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0selmaideafactory.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt035000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt045000
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt045000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt035000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/Total509Grp/TotalAmt045000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt035000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt045000
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0J Mel Gilmer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03344126539
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Selma Idea Factory Inc
ReturnHeader/Filer/BusinessNameControlTxt0SELM
ReturnHeader/Filer/EIN0814686090
ReturnHeader/Filer/PhoneNum03344126539
ReturnHeader/Filer/USAddress/AddressLine1Txt0124 Mallory Drive
ReturnHeader/Filer/USAddress/CityNm0Selma
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0630980477
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDWARDS & WILKINSON CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 Lauderdale Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Selma
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd036701
ReturnHeader/PreparerPersonGrp/PhoneNum03348722335
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-15T13:48:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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