Civic Intelligence

Velocity 7

990EZ • Fiscal year 2023 • EIN 83-2673679

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 26, 2024

Organization ProfileN/A
PO Box 3159Grass Valley, CA 95945

(916) 444-3863

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

79th percentile

26%

Higher net margin than 79% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

49th percentile

0.1%

Faster asset growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

88th percentile

86%

Faster revenue growth than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$35,073

Up $18 (+0.1%) from 2022

Net Assets

Up

$35,073

Up $18 (+0.1%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin79th percentile

Revenue

Up

$69

Up $32 (+86%) from 2022

Expenses

Down

$51

Down $1,849 (-97%) from 2022

Net Income

Up

$18

Up $1,881 (+101%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$40K$30K$20K$10K$0Assets 2018: $34,720Liabilities 2018: $0Net Assets 2018: $34,7202018Assets 2019: $39,891Liabilities 2019: $0Net Assets 2019: $39,8912019Assets 2020: $37,899Liabilities 2020: $0Net Assets 2020: $37,8992020Assets 2021: $36,918Liabilities 2021: $0Net Assets 2021: $36,9182021Assets 2022: $35,055Liabilities 2022: $0Net Assets 2022: $35,0552022Assets 2023: $35,073Liabilities 2023: $0Net Assets 2023: $35,0732023Assets 2024: $32,939Net Assets 2024: $32,9392024

Highlighted filing

2023

Assets$35,073
Liabilities$0
Net Assets$35,073
Open 2023 Filing

Operations Trend

Revenue Growth88th percentile

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

$40K$30K$20K$10K$0-$10KRevenue 2018: $35,025Expenses 2018: $305Net Income 2018: $34,7202018Revenue 2019: $10,000Expenses 2019: $4,829Net Income 2019: $5,1712019Revenue 2020: $7Expenses 2020: $1,999Net Income 2020: -$1,9922020Revenue 2021: $19Expenses 2021: $1,000Net Income 2021: -$9812021Revenue 2022: $37Expenses 2022: $1,900Net Income 2022: -$1,8632022Revenue 2023: $69Expenses 2023: $51Net Income 2023: $182023Revenue 2024: $68Expenses 2024: $2,202Net Income 2024: -$2,1342024

Highlighted filing

2023

Revenue$69
Expenses$51
Net Income$18
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 26, 2024
Return Version
2023v5.1
Gross Receipts
$69
Mission and Program Overview

Mission

Support the research, development, demonstration and commercialization of advanced energy, transportation, and manufacturing technologies for the benefit of the residents of California.

Program Services

DescriptionGrantsExpenses
Support the research, development, demonstration and commercialization of advanced energy, transportation, and manufacturing technologies for the benefit of the residents of California.-$51
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark FiliminovDirector-$0--
Shawn GarveyDirector-$0--
Matthew HartDirector/CFO-$0--
Filing and Contact Details

Filer

Filer Name
Velocity 7
EIN
83-2673679
Phone
9164443863
Address
PO Box 3159, Grass Valley, CA 95945

Signing Officer

Name
Shawn Garvey
Title
Director
Signed
2024-07-26
Discuss with paid preparer
Yes

Preparer

Firm
Scinto Group LLP
Address
PO Box 1797, Grass Valley, CA 95945
Preparer
David Scinto
Phone
5302733200
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Registration fees $50”

Raw XML Appendix125 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/PersonNm0Shawn Garvey
IRS990EZ/BooksInCareOfDetail/PhoneNum09164443863
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0801 K Street 28th Floor
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Sacramento
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095814
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt035055
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt035073
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt018
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt035055
IRS990EZ/Form990TotalAssetsGrp/EOYAmt035073
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt069
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt069
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt035055
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035073
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt035055
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035073
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Mark Filiminov
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Shawn Garvey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Matthew Hart
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director/CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt050
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Support the research, development, demonstration and commercialization of advanced energy, transportation, and manufacturing technologies for the benefit of the residents of California.
IRS990EZ/PrintingPublicationsPostageAmt01
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Support the research, development, demonstration and commercialization of advanced energy, transportation, and manufacturing technologies for the benefit of the residents of California.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt051
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt051
IRS990EZ/TotalProgramServiceExpensesAmt051
IRS990EZ/TotalRevenueAmt069
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt069
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt037
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0132
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98700
IRS990ScheduleA/PublicSupportTotal170Amt010000
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010000
IRS990ScheduleA/TotalSupportAmt010132
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Registration fees $50
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Shawn Garvey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Velocity 7
ReturnHeader/Filer/BusinessNameControlTxt0VELO
ReturnHeader/Filer/EIN0832673679
ReturnHeader/Filer/PhoneNum09164443863
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 3159
ReturnHeader/Filer/USAddress/CityNm0Grass Valley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095945
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680477398
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Scinto Group LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1797
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Grass Valley
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095945
ReturnHeader/PreparerPersonGrp/PhoneNum05302733200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David Scinto
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-07-26T12:09:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,073
Liabilities
$0
Net assets
$35,073
Revenue
$69
Expenses
$51
Net income
$18
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.9$32.9$0.07$2.20$2.13
2023Detailed filing. Detailed filing data is available for this year.$35.1$0.00$35.1$0.07$0.05$0.02
2022Detailed filing. Detailed filing data is available for this year.$35.1$0.00$35.1$0.04$1.90$1.86
2021Detailed filing. Detailed filing data is available for this year.$36.9$0.00$36.9$0.02$1.00$0.98
2020Detailed filing. Detailed filing data is available for this year.$37.9$0.00$37.9$0.01$2.00$1.99
2019Detailed filing. Detailed filing data is available for this year.$39.9$0.00$39.9$10.0$4.83$5.17
2018Detailed filing. Detailed filing data is available for this year.$34.7$0.00$34.7$35.0$0.31$34.7