Civic Intelligence

The Wallen Foundation

990EZ • Fiscal year 2020 • EIN 83-3621163

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 18, 2021

Organization Profile
2093 Timmerman RdMyrtle Beach, SC 29588

(843) 356-0933

Siviq Scores

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

Liabilities / Assets

100th percentile

7200.00x

Higher debt load relative to assets than 100% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

13.71x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

Net Margin

1st percentile

-2610%

Higher net margin than 1% 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

44th percentile

0.0%

Faster asset growth than 44% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets100th percentile

Assets

Flat

$1

Flat from 2019

Net Assets

Down

-$7,200

Down $7,200 from 2019

Liabilities

Up

$7,200

Up $7,200 from 2019

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Up

$525

Up $525 from 2019

Expenses

Up

$14,225

Up $14,225 from 2019

Net Income

Down

-$13,700

Down $13,700 from 2019

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$10K$5.0K$0-$5.0K-$10KAssets 2019: $1Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $1Liabilities 2020: $7,200Net Assets 2020: -$7,2002020

Highlighted filing

2020

Assets$1
Liabilities$7,200
Net Assets-$7,200
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20K$10K$0-$10K-$20KRevenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $525Expenses 2020: $14,225Net Income 2020: -$13,7002020

Highlighted filing

2020

Revenue$525
Expenses$14,225
Net Income-$13,700
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 18, 2021
Return Version
2020v4.1
Gross Receipts
$525
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
To Harness natural resources to ameliorate hunger and famine wherever it is found and to deliver innovative products and services designed to enhance the quality of life.-$13,625
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff R WallenPresidentPT$0--
Jennifer WallenTreasurerPT$0--
Jennifer CakebreadSecretaryPT$0--
Tiffani TaylorDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
The Wallen Foundation
EIN
83-3621163
Address
2093 Timmerman Rd, Myrtle Beach, SC 29588

Signing Officer

Name
Jennifer Wallen
Title
Treasurer
Phone
8433560933
Signed
2021-07-18
Discuss with paid preparer
No

Preparer

Firm
Jayroe Lordo and Catalano PA
Address
PO Box 1075, Murrells Inlet, SC 29576
Preparer
James V Lordo Jr
Phone
8439021040
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountMerchant Account Fees 600”

Other changes in net assets or fund balances Part I line 20

“Description AmountSBA Loan Forgiveness 6,500”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearCash Account 0 7,200”

Raw XML Appendix138 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum08433560933
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Myrtle Beach
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029588
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0-13700
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IRS990EZ/GrossReceiptsAmt0525
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-7200
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jeff R Wallen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jennifer Wallen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jennifer Cakebread
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Tiffani Taylor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt06500
IRS990EZ/OtherExpensesTotalAmt0600
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To Harness natural resources to ameliorate hunger and famine wherever it is found and to deliver innovative products and services designed to enhance the quality of life.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013625
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07200
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt014225
IRS990EZ/TotalProgramServiceExpensesAmt013625
IRS990EZ/TotalRevenueAmt0525
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0525
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0525
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0525
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0525
IRS990ScheduleA/Total509Grp/TotalAmt0525
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0525
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0525
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMerchant Account Fees 600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountSBA Loan Forgiveness 6,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearCash Account 0 7,200
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
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/PersonNm0Jennifer Wallen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08433560933
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Wallen Foundation
ReturnHeader/Filer/BusinessNameControlTxt0WALL
ReturnHeader/Filer/EIN0833621163
ReturnHeader/Filer/USAddress/AddressLine1Txt02093 Timmerman Rd
ReturnHeader/Filer/USAddress/CityNm0Myrtle Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029588
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582314230
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jayroe Lordo and Catalano PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1075
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Murrells Inlet
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029576
ReturnHeader/PreparerPersonGrp/PhoneNum08439021040
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James V Lordo Jr
ReturnHeader/ReturnTs02021-07-18T14:15:20-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jennifer
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Wallen
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
$1
Liabilities
$7,200
Net assets
-$7,200
Revenue
$525
Expenses
$14,225
Net income
-$13,700
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$7.20$7.20$0.53$14.2$13.7
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00