Civic Intelligence

Gear Up1 Vt

990 • Fiscal year 2022 • EIN 82-3064049

Jan 01, 2022 to Dec 31, 2022 • Filed on Jan 31, 2023

Organization ProfileN/A
98 Elfin LaneCharlotte, VT 05445

(802) 343-1963

Siviq Scores

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

Liabilities / Assets

81st percentile

0.14x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

43rd percentile

1.0%

Higher net margin than 43% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets81st percentile

Assets

$2,580

No earlier filing loaded for comparison.

Net Assets

$2,230

No earlier filing loaded for comparison.

Liabilities

$350

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin43rd percentile

Revenue

$129,000

No earlier filing loaded for comparison.

Expenses

$127,729

No earlier filing loaded for comparison.

Net Income

$1,271

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$3.0K$2.0K$1.0K$0Assets 2022: $2,580Liabilities 2022: $350Net Assets 2022: $2,2302022Assets 2023: $1,830Liabilities 2023: $350Net Assets 2023: $1,4802023Assets 2024: $1,830Liabilities 2024: $350Net Assets 2024: $1,4802024

Highlighted filing

2022

Assets$2,580
Liabilities$350
Net Assets$2,230
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2022: $129,000Expenses 2022: $127,729Net Income 2022: $1,2712022Revenue 2023: $0Expenses 2023: $750Net Income 2023: -$7502023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2022

Revenue$129,000
Expenses$127,729
Net Income$1,271
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jan 31, 2023
Return Version
2022v5.0
Gross Receipts
$129,000
Mission and Program Overview

Mission

To promote involvement in youth athletic programs and to work cooperatively with schools, community partners to promote the health and developmental benefits of athletic and sports endeavors

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$2,580-
Cap Stk Tr Prin Current Funds-$2,230-
Total Assets$0$2,580▲ $2,580
Liabilities
Accounts Payable and Accrued Expenses-$350-
Total Liabilities$0$350▲ $350
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$2,230▲ $2,230
Total Liabilities and Net Assets / Fund Balance$0$2,580▲ $2,580
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Jeff AlbertsonDirector
Kate LarsonDirector
Ryan AlbertsonDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Nine Gables LLCProgram Servcies54 Caroline St, Burlington, VT 05401$127,710
Revenue and Support

Revenue Composition

Contributions and Grants
$129,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$129,000
Change in Net Assets
$1,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$127,729
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$127,710$0$0$127,710
Office Expenses$19$0$0$19
Total Functional Expenses$127,729$0$0$127,729
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Gear Up VT Inc
EIN
82-3064049
Phone
8023431963
Address
98 Elfin Lane, Charlotte, VT 05445

Signing Officer

Name
Jeff Albertson
Title
Director
Phone
8023431963
Signed
2023-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Albertson
Formed
2018
Legal Domicile
Vt
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
American Tax
Address
1855 Williston Road, South Burlington, VT 05403
Preparer
Donald B Posner
Phone
8028798767
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The board reviews the 990 before submissin”

Raw XML Appendix259 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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IRS990/BooksInCareOfDetail/PhoneNum08024256826
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt098 Elfin Lane
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IRS990/ExpenseAmt0127729
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
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IRS990/Form990PartVIISectionAGrp/PersonNm1Ryan Albertson
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0129000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt019
IRS990/OfficeExpensesGrp/TotalAmt019
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Contract Services
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IRS990/PartialLiquidationInd0false
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeff Albertson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08023431963
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-31
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ReturnHeader/Filer/BusinessNameControlTxt0GEAR
ReturnHeader/Filer/EIN0823064049
ReturnHeader/Filer/PhoneNum08023431963
ReturnHeader/Filer/USAddress/AddressLine1Txt098 Elfin Lane
ReturnHeader/Filer/USAddress/CityNm0Charlotte
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005445
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300264443
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01855 Williston Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0South Burlington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005403
ReturnHeader/PreparerPersonGrp/PhoneNum08028798767
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Donald B Posner
ReturnHeader/ReturnTs02023-07-10T12:08:56-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jeff
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Albertson
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,580
Liabilities
$350
Net assets
$2,230
Revenue
$129,000
Expenses
$127,729
Net income
$1,271
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.01$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.01$0.00$0.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.02$1.29$1.28$0.01