Civic Intelligence

Liquid Legacy

990EZ • Fiscal year 2020 • EIN 83-2112466

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 01, 2021

4122 Tutwiler AvenueMemphis, TN 38122

(901) 487-4941

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

24th percentile

-16%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

88th percentile

$37,083

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 20.3% of source-year revenue.

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

Asset Growth

16th percentile

-25%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

25th percentile

-45%

Faster revenue growth than 25% of similar nonprofits.

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

Assets

Down

$88,103

Down $29,722 (-25%) from 2019

Net Assets

Down

$88,103

Down $29,722 (-25%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$182,480

Down $150,331 (-45%) from 2019

Expenses

Down

$212,202

Down $2,930 (-1.4%) from 2019

Net Income

Down

-$29,722

Down $147,401 (-125%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2019: $117,825Liabilities 2019: $0Net Assets 2019: $117,8252019Assets 2020: $88,103Net Assets 2020: $88,1032020Assets 2021: $69,056Net Assets 2021: $69,0562021Assets 2022: $72,584Liabilities 2022: $0Net Assets 2022: $72,5842022Assets 2023: $60,819Liabilities 2023: $4,772Net Assets 2023: $56,0472023Assets 2024: $30,982Liabilities 2024: $1,557Net Assets 2024: $29,4252024

Highlighted filing

2020

Assets$88,103
Liabilities-
Net Assets$88,103

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $332,811Expenses 2019: $215,132Net Income 2019: $117,6792019Revenue 2020: $182,480Expenses 2020: $212,202Net Income 2020: -$29,7222020Revenue 2021: $167,787Expenses 2021: $186,834Net Income 2021: -$19,0472021Revenue 2022: $345,692Expenses 2022: $342,164Net Income 2022: $3,5282022Revenue 2023: $383,181Expenses 2023: $399,718Net Income 2023: -$16,5372023Revenue 2024: $383,008Expenses 2024: $409,630Net Income 2024: -$26,6222024

Highlighted filing

2020

Revenue$182,480
Expenses$212,202
Net Income-$29,722
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 1, 2021
Return Version
2020v4.1
Gross Receipts
$182,480
Mission and Program Overview

Mission

The Liquid Legacy is a Christ-centered, non-profit organization committed to empowering individuals and groups with necessary skills and resources to effect change in their communities.

N/A

Program Services

DescriptionGrantsExpenses
N/A$0$212,202
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Petrus StrydomPresidentFT$37,083-$37,083
Susan StrydomSecretaryFT$21,440-$21,440
Filing and Contact Details

Filer

Filer Name
Liquid Legacy
EIN
83-2112466
Phone
9014874941
Address
4122 Tutwiler Avenue, Memphis, TN 38122

Signing Officer

Name
Petrus Strydom
Title
President
Phone
9014874941
Signed
2021-11-01

Preparer

Firm
Tracey J Holmes CPA PC
Address
691 Crazy Doe Road, Lexington, TN 38351
Preparer
Tracey J Holmes
Phone
7319686371
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

The President and Secretary are husband and wife

Pt VI, Line 11B

Review at Annual Board of Directors Meeting

Form 990EZ, Part I, Line 8

Miscellaneous Income 2197.

Form 990EZ, Part I, Line 16

Advertising 675.

Form 990EZ, Part I, Line 16

Credit Card Charge Fees 16.

Form 990EZ, Part I, Line 16

Insurance 6604.

Form 990EZ, Part I, Line 16

Mission Opportunities 41650.

Form 990EZ, Part I, Line 16

Taxes & Licenses 6631.

Form 990EZ, Part I, Line 16

Travel 72975.

Raw XML Appendix158 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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IRS990EZ/BooksInCareOfDetail/PersonNm0Petrus Strydom
IRS990EZ/BooksInCareOfDetail/PhoneNum09014874941
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04122 Tutwiler Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Memphis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038122
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0117825
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt088103
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0179183
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-29722
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0117825
IRS990EZ/Form990TotalAssetsGrp/EOYAmt088103
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt01100
IRS990EZ/GrossReceiptsAmt0182480
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt01100
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0117825
IRS990EZ/NetAssetsOrFundBalancesEOYAmt088103
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0117825
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt088103
IRS990EZ/OccupancyRentUtltsAndMaintAmt0505
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt037083
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt121440
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Petrus Strydom
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Susan Strydom
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0128551
IRS990EZ/OtherRevenueTotalAmt02197
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0N/A
IRS990EZ/PrintingPublicationsPostageAmt03067
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0N/A
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0212202
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt080079
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0212202
IRS990EZ/TotalProgramServiceExpensesAmt0212202
IRS990EZ/TotalRevenueAmt0182480
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Miscellaneous Income 2020: 2197.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0179183
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0332811
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0511994
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01100
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02197
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02197
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0513094
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0180283
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0332811
IRS990ScheduleA/Total509Grp/TotalAmt0513094
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0515291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The President and Secretary are husband and wife
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Review at Annual Board of Directors Meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Miscellaneous Income 2197.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising 675.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Credit Card Charge Fees 16.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 6604.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Mission Opportunities 41650.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Taxes & Licenses 6631.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Travel 72975.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Petrus Strydom
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09014874941
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Liquid Legacy
ReturnHeader/Filer/BusinessNameControlTxt0LIQU
ReturnHeader/Filer/EIN0832112466
ReturnHeader/Filer/PhoneNum09014874941
ReturnHeader/Filer/USAddress/AddressLine1Txt04122 Tutwiler Avenue
ReturnHeader/Filer/USAddress/CityNm0Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038122
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tracey J Holmes CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0691 Crazy Doe Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038351
ReturnHeader/PreparerPersonGrp/PhoneNum07319686371
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tracey J Holmes
ReturnHeader/ReturnTs02021-11-01T13:58:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Petrus
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Strydom
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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