Civic Intelligence

The Potts Foundation

EIN 83-1462201 • 501(c)3 • Madison, AL

Profile

Provision of Scholarships to Students

131 Daymark DriveMadison, AL 35756-5902

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

54th percentile

3.9%

Higher net margin than 54% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

57th percentile

1.2%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

11th percentile

-73%

Faster revenue growth than 11% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$5,959

Up $73 (+1.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$5,959

Up $73 (+1.2%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin54th percentile

Revenue

Down

$1,880

Down $5,208 (-73%) from 2023

Expenses

Down

$1,807

Down $4,506 (-71%) from 2023

Net Income

Down

$73

Down $702 (-91%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

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

$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

2024

Assets$5,959
Liabilities$0
Net Assets$5,959
Open 2024 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest 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

2024

Revenue$1,880
Expenses$1,807
Net Income$73
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$5,959
Liabilities
$0
Net assets
$5,959
Revenue
$1,880
Expenses
$1,807
Net income
$73
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
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.1
Gross Receipts
$1,880
Mission and Program Overview

Mission

Provision of Scholarships to Students

Program Services

DescriptionGrantsExpenses
The Educate and Elevate Workshop:college admissions,financial aid,FAFSA, scholarships,resume creation,interview prep, communication,workplace etiquette,and professionalism.-$0
Provide a platform for students to gain more knowledge and readiness for life after high school and college graduation via financial literacy and wellness.-$0
We did utilize funds to purchase gift cards for our speakers from the workshop.-$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

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

Filer

Filer Name
The Potts Foundation
EIN
83-1462201
In Care Of
% Kiara Potts
Phone
3342018774
Address
131 Daymark Drive, Madison, AL 35756-5902

Signing Officer

Name
Kiara Potts
Title
Founder
Phone
3342018774
Signed
2025-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Vaughn Accounting Services
Address
4801 University Square 13, 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”

Description of other expenses Part I line 16

“Description AmountAdvertising 895Meals 211Office Supplies and Software 501Other Business Expenses 100”

Raw XML Appendix122 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/BOYAmt05886
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05959
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01880
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt073
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0100
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05886
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05959
IRS990EZ/GrossReceiptsAmt01880
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05886
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05959
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05886
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05959
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
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/OtherExpensesTotalAmt01707
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PrimaryExemptPurposeTxt0Provision of Scholarships to Students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Educate and Elevate Workshop:college admissions,financial aid,FAFSA, scholarships,resume creation,interview prep, communication,workplace etiquette,and professionalism.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Provide a platform for students to gain more knowledge and readiness for life after high school and college graduation via financial literacy and wellness.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2We did utilize funds to purchase gift cards for our speakers from the workshop.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0AL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01807
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt01880
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01880
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05171
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01837
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03049
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012423
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt012423
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01880
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05171
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01837
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03049
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0486
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012423
IRS990ScheduleA/TotalSupportAmt012423
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Educational Scholarships Grantee Scholar Recipients
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountAdvertising 895Meals 211Office Supplies and Software 501Other Business Expenses 100
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KIARA POTTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder
ReturnHeader/BusinessOfficerGrp/PhoneNum03342018774
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Potts Foundation
ReturnHeader/Filer/BusinessNameControlTxt0POTT
ReturnHeader/Filer/EIN0831462201
ReturnHeader/Filer/InCareOfNm0% Kiara Potts
ReturnHeader/Filer/PhoneNum03342018774
ReturnHeader/Filer/USAddress/AddressLine1Txt0131 Daymark Drive
ReturnHeader/Filer/USAddress/CityNm0Madison
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd0357565902
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208181035
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Vaughn Accounting Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04801 University Square 13
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Huntsville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035816
ReturnHeader/PreparerPersonGrp/PhoneNum02566820323
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MP VAUGHN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-12T16:44:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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