Civic Intelligence

Potts Foundation Inc.

990EZ • Fiscal year 2018 • EIN 83-1462201

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 08, 2019

Organization ProfileN/A
6 Ashbury Woods DrHuntsville, AL 35824

(334) 201-8774

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

22nd percentile

-18%

Faster asset growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

25th percentile

-18%

Faster revenue growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$1,635

Down $365 (-18%) from 2017

Net Assets

Down

$1,635

Down $365 (-18%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin15th percentile

Revenue

Down

$1,635

Down $365 (-18%) from 2017

Expenses

Up

$2,000

Up $2,000 from 2017

Net Income

Down

-$365

Down $2,365 (-118%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth22nd 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

2018

Assets$1,635
Liabilities$0
Net Assets$1,635
Open 2018 Filing

Operations Trend

Revenue Growth25th 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

2018

Revenue$1,635
Expenses$2,000
Net Income-$365
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 8, 2019
Return Version
2018v3.1
Gross Receipts
$1,635
Mission and Program Overview

Mission

Provision of Scholarships to Students

The Foundation is dedicated to furthering the education of young adults who demonstrate the financial need and academic proficiency.

Program Services

DescriptionGrantsExpenses
Provision of scholarships$0$2,000
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
Phone
3342018774
Address
6 Ashbury Woods Dr, Huntsville, AL 35824

Signing Officer

Name
Kiara Potts
Title
President/Founder
Phone
3342018774
Signed
2019-03-08
Discuss with paid preparer
Yes

Preparer

Firm
Banks Finley White & Co
Address
617 37TH STREET SOUTH, BIRMINGHAM, AL 35222
Preparer
James C White Jr
Phone
2053266660
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Scholarship; Educational scholarship; A. Cook- Auburn University: , , , ; Scholarship recipient, 1000.”

Form 990EZ, Part I, Line 10

“Scholarship; Educational scholarship; J. Taylor- Auburn Univ. Montgomery: , , , ; , 1000.”

Raw XML Appendix126 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/AddressLine1Txt06 Ashbury Woods Dr Apt 309
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Huntsville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd035854
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01635
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01635
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-365
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02000
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01635
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt02000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt01635
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01635
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01635
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
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/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Foundation is dedicated to furthering the education of young adults who demonstrate the financial need and academic proficiency.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provision of scholarships
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02000
IRS990EZ/TotalProgramServiceExpensesAmt02000
IRS990EZ/TotalRevenueAmt01635
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03635
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt03635
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03635
IRS990ScheduleA/TotalSupportAmt03635
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Scholarship; Educational scholarship; A. Cook- Auburn University: , , , ; Scholarship recipient, 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Scholarship; Educational scholarship; J. Taylor- Auburn Univ. Montgomery: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kiara Potts
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/Founder
ReturnHeader/BusinessOfficerGrp/PhoneNum03342018774
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Potts Foundation
ReturnHeader/Filer/BusinessNameControlTxt0POTT
ReturnHeader/Filer/EIN0831462201
ReturnHeader/Filer/PhoneNum03342018774
ReturnHeader/Filer/USAddress/AddressLine1Txt06 Ashbury Woods Dr
ReturnHeader/Filer/USAddress/CityNm0Huntsville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035824
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AB4B1F53CA1A5DEEF2FEBF827C31285345006BA3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D0C4FAC2CEDF6D456C81705C6D9F355E6E714F56
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt012.31.28.242
ReturnHeader/FilingSecurityInformation/IPDt02019-03-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm014:35:20
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BANKS FINLEY WHITE & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0617 37TH STREET SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035222
ReturnHeader/PreparerPersonGrp/PhoneNum02053266660
ReturnHeader/PreparerPersonGrp/PreparationDt02019-03-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES C WHITE JR
ReturnHeader/ReturnTs02019-03-12T14:35:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,635
Liabilities
$0
Net assets
$1,635
Revenue
$1,635
Expenses
$2,000
Net income
-$365
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