Civic Intelligence

Dbc Foundation

990EZ • Fiscal year 2021 • EIN 82-2888305

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

6723 Trammel DriveDallas, TX 75214

(469) 688-6792

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

78th percentile

35%

Higher net margin than 78% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

89th percentile

101%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

82nd percentile

78%

Faster revenue growth than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$64,881

Up $32,665 (+101%) from 2020

Net Assets

$64,881

No earlier filing loaded for comparison.

Liabilities

Down

$0

Down $32,216 (-100%) from 2020

Revenue

Up

$139,012

Up $61,133 (+78%) from 2020

Expenses

Up

$90,147

Up $25,221 (+39%) from 2020

Net Income

Up

$48,865

Up $35,912 (+277%) from 2020

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2020: $32,216Liabilities 2020: $32,2162020Assets 2021: $64,881Liabilities 2021: $0Net Assets 2021: $64,8812021Assets 2022: $72,135Liabilities 2022: $67,000Net Assets 2022: $5,1352022Assets 2023: $82,098Liabilities 2023: $80,000Net Assets 2023: $2,0982023Assets 2024: $7,535Liabilities 2024: $0Net Assets 2024: $7,5352024

Highlighted filing

2021

Assets$64,881
Liabilities$0
Net Assets$64,881

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2020: $77,879Expenses 2020: $64,926Net Income 2020: $12,9532020Revenue 2021: $139,012Expenses 2021: $90,147Net Income 2021: $48,8652021Revenue 2022: $191,254Expenses 2022: $187,680Net Income 2022: $3,5742022Revenue 2023: $126,241Expenses 2023: $49,278Net Income 2023: $76,9632023Revenue 2024: $139,207Expenses 2024: $133,770Net Income 2024: $5,4372024

Highlighted filing

2021

Revenue$139,012
Expenses$90,147
Net Income$48,865
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$159,448
Mission and Program Overview

Mission

Raising funds for local nonprofits.

Program Services

DescriptionGrantsExpenses
Our signature raise of the year raised $55,000 for Cafe Momentum in Dallas. The proceeds raised were donated and helps fund the organization's culinary programs for ex-juvenile youth.$56,200$6,429
Our holiday event, which was paid for via members' dues, raised $25,000 for The Birthday Party Project. 100% of the proceeds raised were donated. The amount raised was donate in 2022.$0$10,890
Through our Four Roses bourbon campaign, we raised $16,000 for Bonton Farms, an organization providing services and healthy foods within its local food desert area. This amount was paid in Q1 of 2022.$0$680
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian LowePresidentPT$0--
Peter SchmidtExecutive Vice PresidentPT$0--
Sam WildmanVice President - TechnologyPT$0--
Jason VarelaVice PresidentPT$0--
Daniel PalosVice President - TreasurerPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner & Pick$56,200$56,200$6,429$49,771
Holiday Event$25,000$25,000$10,890$14,110
Total Events$125,113$125,113$37,348$87,765
Filing and Contact Details

Filer

Filer Name
Dbc Foundation
EIN
82-2888305
Address
6723 Trammel Drive, Dallas, TX 75214

Signing Officer

Name
Gerardo Palos
Title
Treasurer
Phone
4696886792
Signed
2022-11-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Donations made in 2021 to Cafe Momentum and the Texas Food & Wine Alliance.

Form 990-EZ, Part I, Line 16

Consists of member event expenses, holiday party expenses, supplies and administrative expense, such as website fees and processing fees.

Form 990-EZ, Part I, Line 20

Donation made to Hope Supply Co from 2021 raises.

Raw XML Appendix212 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/BooksInCareOfDetail/USAddress/CityNm0Dallas
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Executive Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President - Technology
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President - Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-16200
IRS990EZ/OtherExpensesTotalAmt031447
IRS990EZ/OtherRevenueTotalAmt00
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IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Our signature raise of the year raised $55,000 for Cafe Momentum in Dallas. The proceeds raised were donated and helps fund the organization's culinary programs for ex-juvenile youth.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Our holiday event, which was paid for via members' dues, raised $25,000 for The Birthday Party Project. 100% of the proceeds raised were donated. The amount raised was donate in 2022.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Through our Four Roses bourbon campaign, we raised $16,000 for Bonton Farms, an organization providing services and healthy foods within its local food desert area. This amount was paid in Q1 of 2022.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt056200
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06429
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt110890
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2680
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt078460
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0230373
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt07535
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Donations made in 2021 to Cafe Momentum and the Texas Food & Wine Alliance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Consists of member event expenses, holiday party expenses, supplies and administrative expense, such as website fees and processing fees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Donation made to Hope Supply Co from 2021 raises.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Gerardo Palos
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum04696886792
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DBC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DBCF
ReturnHeader/Filer/EIN0822888305
ReturnHeader/Filer/USAddress/AddressLine1Txt06723 Trammel Drive
ReturnHeader/Filer/USAddress/CityNm0Dallas
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075214
ReturnHeader/ReturnTs02022-11-15T16:32:23-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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