Civic Intelligence

Kacey Foundation

990PF • Fiscal year 2021 • EIN 82-3792541

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 25, 2022

PO Box 58459Salt Lake Cty, UT 84158-0459

(801) 557-2662

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.17x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

5.44x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Net Margin

6th percentile

-69%

Higher net margin than 6% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2021 filings • $1M-$5M nonprofits • Source year 2021

Asset Growth

52nd percentile

7.9%

Faster asset growth than 52% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-82%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,209,736

Up $88,819 (+7.9%) from 2020

Net Assets

Up

$1,009,736

Up $188,819 (+23%) from 2020

Liabilities

Down

$200,000

Down $100,000 (-33%) from 2020

Revenue

Down

$36,775

Down $171,325 (-82%) from 2020

Expenses

Up

$62,184

Up $19,257 (+45%) from 2020

Net Income

Down

-$25,409

Down $190,582 (-115%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2019: $1,041,263Liabilities 2019: $400,0002019Assets 2020: $1,120,917Liabilities 2020: $300,000Net Assets 2020: $820,9172020Assets 2021: $1,209,736Liabilities 2021: $200,000Net Assets 2021: $1,009,7362021Assets 2022: $1,125,072Liabilities 2022: $100,000Net Assets 2022: $1,025,0722022Assets 2023: $1,143,766Liabilities 2023: $0Net Assets 2023: $1,143,7662023Assets 2024: $1,217,086Liabilities 2024: $0Net Assets 2024: $1,217,0862024Assets 2025: $1,430,652Liabilities 2025: $182,000Net Assets 2025: $1,248,6522025

Highlighted filing

2021

Assets$1,209,736
Liabilities$200,000
Net Assets$1,009,736

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $62,208Expenses 2019: $56,668Net Income 2019: $5,5402019Revenue 2020: $208,100Expenses 2020: $42,927Net Income 2020: $165,1732020Revenue 2021: $36,775Expenses 2021: $62,184Net Income 2021: -$25,4092021Revenue 2022: $120,635Expenses 2022: $117,966Net Income 2022: $2,6692022Revenue 2023: $102,480Expenses 2023: $79,231Net Income 2023: $23,2492023Revenue 2024: $5,712Expenses 2024: $3,000Net Income 2024: $2,7122024Revenue 2025: $6,820Expenses 2025: $39,028Net Income 2025: -$32,2082025

Highlighted filing

2021

Revenue$36,775
Expenses$62,184
Net Income-$25,409
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 25, 2022
Return Version
2021v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Connie WatsonChairman-$0--
Filing and Contact Details

Filer

Filer Name
Kacey Foundation
EIN
82-3792541
In Care Of
% Kent Watson
Address
PO BOX 58459, SALT LAKE CTY, UT 84158-0459

Signing Officer

Name
Kent Watson
Title
President and Director
Signed
2022-02-25
Raw XML Appendix347 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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ExplnOfNonFilingWithAGStmt/ExplanationTxt0Did not know it was required
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IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt062061
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt054
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt054
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt044845
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0106975
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt062130
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt044845
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt00
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt00
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt00
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02019
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02018
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02017
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt062184
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt062130
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0106975
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt044845
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0Kent Watson
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0773 S 1750 W
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0Cedar City
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0UT
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd084720
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt030000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt0200000
LoansFromOfficersSchedule/LoansFromOfficerGrp/ConsiderationFMVAmt0200000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderConsiderationDesc0Shares in State Bank of Southern Utah Stock
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm0Kent and Connie Watson Trust
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanMaturityDt02025-02
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt0300000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanPurposeTxt0Enhance financial position of Kacey Foundation
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt02019-02
LoansFromOfficersSchedule/LoansFromOfficerGrp/RepaymentTermsTxt0Borrower's descretion
LoansFromOfficersSchedule/LoansFromOfficerGrp/SecurityProvidedBorrowerTxt0Shares in State Bank of Southern Utah Stock
LoansFromOfficersSchedule/LoansFromOfficerGrp/TitleTxt0Trustee
OtherDecreasesSchedule/OtherDecreasesDetail/Amt0123
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0Taxes and License
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0State of Utah License
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt010
OtherIncreasesSchedule/OtherIncreasesDetail/Amt030000
OtherIncreasesSchedule/OtherIncreasesDetail/Amt16775
OtherIncreasesSchedule/OtherIncreasesDetail/Amt2100000
OtherIncreasesSchedule/OtherIncreasesDetail/Amt377576
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0Donations to Foundation
OtherIncreasesSchedule/OtherIncreasesDetail/Desc1Dividends
OtherIncreasesSchedule/OtherIncreasesDetail/Desc2Debt forgiveness
OtherIncreasesSchedule/OtherIncreasesDetail/Desc3Increase in FMV of marketable securities
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt00
TaxesSchedule/TaxesDetail/Amt0113
TaxesSchedule/TaxesDetail/CategoryTxt0Excise Tax Internal Revenue Service
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/ForeignPhoneNum08015572662
ReturnHeader/BusinessOfficerGrp/PersonNm0Kent Watson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President and Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KACEY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KACE
ReturnHeader/Filer/EIN0823792541
ReturnHeader/Filer/ForeignPhoneNum08015572662
ReturnHeader/Filer/InCareOfNm0% Kent Watson
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 58459
ReturnHeader/Filer/USAddress/CityNm0SALT LAKE CTY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd0841580459
ReturnHeader/ReturnTs02022-02-25T05:16:11-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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