Civic Intelligence

Potts Foundation Inc.

990EZ • Fiscal year 2020 • EIN 83-1462201

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 29, 2021

Organization ProfileN/A
131 Daymark DriveMadison, AL 35756-5902

(334) 201-8774

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

6th percentile

-146%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

6th percentile

-64%

Faster asset growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-90%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$406

Down $711 (-64%) from 2019

Net Assets

Down

$406

Down $711 (-64%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin6th percentile

Revenue

Down

$486

Down $4,284 (-90%) from 2019

Expenses

Down

$1,197

Down $4,091 (-77%) from 2019

Net Income

Down

-$711

Down $193 (-37%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$6.0K$4.0K$2.0K$0Assets 2017: $2,000Liabilities 2017: $0Net Assets 2017: $2,0002017Assets 2018: $1,635Liabilities 2018: $0Net Assets 2018: $1,6352018Assets 2019: $1,117Liabilities 2019: $0Net Assets 2019: $1,1172019Assets 2020: $406Liabilities 2020: $0Net Assets 2020: $4062020Assets 2021: $2,928Liabilities 2021: $0Net Assets 2021: $2,9282021Assets 2022: $5,111Liabilities 2022: $0Net Assets 2022: $5,1112022Assets 2023: $5,886Liabilities 2023: $0Net Assets 2023: $5,8862023Assets 2024: $5,959Liabilities 2024: $0Net Assets 2024: $5,9592024

Highlighted filing

2020

Assets$406
Liabilities$0
Net Assets$406
Open 2020 Filing

Operations Trend

Revenue Growth5th percentile

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

$8.0K$6.0K$4.0K$2.0K$0-$2.0KRevenue 2017: $2,000Expenses 2017: $0Net Income 2017: $2,0002017Revenue 2018: $1,635Expenses 2018: $2,000Net Income 2018: -$3652018Revenue 2019: $4,770Expenses 2019: $5,288Net Income 2019: -$5182019Revenue 2020: $486Expenses 2020: $1,197Net Income 2020: -$7112020Revenue 2021: $3,049Expenses 2021: $527Net Income 2021: $2,5222021Revenue 2022: $3,304Expenses 2022: $1,121Net Income 2022: $2,1832022Revenue 2023: $7,088Expenses 2023: $6,313Net Income 2023: $7752023Revenue 2024: $1,880Expenses 2024: $1,807Net Income 2024: $732024

Highlighted filing

2020

Revenue$486
Expenses$1,197
Net Income-$711
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 29, 2021
Return Version
2020v4.0
Gross Receipts
$486
Mission and Program Overview

Mission

Provision of Scholarships to Students

Program Services

DescriptionGrantsExpenses
Educational Scholarhips--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kiara PottsExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
The Potts Foundation
EIN
83-1462201
Address
131 Daymark Drive, Madison, AL 35756-5902

Signing Officer

Name
Kiara Potts
Title
Founder
Phone
3342018774
Signed
2021-03-29
Discuss with paid preparer
No

Preparer

Firm
Vaughn Accounting Services
Address
4717 University Drive 102A, Huntsville, AL 35816
Preparer
MP Vaughn
Phone
2566820323
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity Educational Scholarships Grantee Scholar Recipients Educational Scholarships”

Description of other expenses Part I line 16

“Description AmountReturned Donation 500”

Raw XML Appendix118 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Kiara Potts
IRS990EZ/BooksInCareOfDetail/PhoneNum03342018774
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0131 Daymark Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Madison
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd035757
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01117
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0406
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0486
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-711
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0200
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01117
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0406
IRS990EZ/GrossReceiptsAmt0486
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01117
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0406
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01117
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0406
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt06.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kiara Potts
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0500
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provision of Scholarships to Students
IRS990EZ/PrintingPublicationsPostageAmt0497
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Educational Scholarhips
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01197
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0486
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08891
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt08891
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0486
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08891
IRS990ScheduleA/TotalSupportAmt08891
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Educational Scholarships Grantee Scholar Recipients Educational Scholarships
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountReturned Donation 500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Kiara Potts
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder
ReturnHeader/BusinessOfficerGrp/PhoneNum03342018774
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Potts Foundation
ReturnHeader/Filer/BusinessNameControlTxt0POTT
ReturnHeader/Filer/EIN0831462201
ReturnHeader/Filer/USAddress/AddressLine1Txt0131 Daymark Drive
ReturnHeader/Filer/USAddress/CityNm0Madison
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd0357565902
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208181035
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Vaughn Accounting Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04717 University Drive 102A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Huntsville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035816
ReturnHeader/PreparerPersonGrp/PhoneNum02566820323
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MP Vaughn
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-04-05T15:11:13-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kiara
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Potts
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$406
Liabilities
$0
Net assets
$406
Revenue
$486
Expenses
$1,197
Net income
-$711
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5,959$0$5,959$1,880$1,807$73
2023Detailed filing. Detailed filing data is available for this year.$5,886$0$5,886$7,088$6,313$775
2022Detailed filing. Detailed filing data is available for this year.$5,111$0$5,111$3,304$1,121$2,183
2021Detailed filing. Detailed filing data is available for this year.$2,928$0$2,928$3,049$527$2,522
2020Detailed filing. Detailed filing data is available for this year.$406$0$406$486$1,197$711
2019Detailed filing. Detailed filing data is available for this year.$1,117$0$1,117$4,770$5,288$518
2018Detailed filing. Detailed filing data is available for this year.$1,635$0$1,635$1,635$2,000$365
2017Detailed filing. Detailed filing data is available for this year.$2,000$0$2,000$2,000$0$2,000