Civic Intelligence

Vekter Foundation

EIN 84-3627635 • 501(c)3 • Gadsden, AL

Profile

The initial primary purpose is to provide need based scholarships. Additional activities will be to enhance education, healthcare, housing and services for individuals by partnering with other nonprofits and resources

PO Box 1966Gadsden, AL 35902

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

89th percentile

49%

Higher net margin than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

88th percentile

55%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Revenue Growth

47th percentile

-3.8%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$96,282

Up $11,716 (+14%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$96,282

Up $11,716 (+14%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin89th percentile

Revenue

Down

$24,062

Down $20,908 (-46%) from 2024

Expenses

Down

$12,347

Down $251 (-2.0%) from 2024

Net Income

Down

$11,715

Down $20,657 (-64%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

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

$100K$50K$0Assets 2020: $1,100Liabilities 2020: $0Net Assets 2020: $1,1002020Assets 2021: $7,121Liabilities 2021: $0Net Assets 2021: $7,1212021Assets 2022: $26,058Liabilities 2022: $0Net Assets 2022: $26,0582022Assets 2023: $52,194Liabilities 2023: $0Net Assets 2023: $52,1942023Assets 2024: $84,566Net Assets 2024: $84,5662024Assets 2025: $96,282Net Assets 2025: $96,2822025

Highlighted filing

2025

Assets$96,282
Liabilities-
Net Assets$96,282
Open 2025 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2020: $1,625Expenses 2020: $525Net Income 2020: $1,1002020Revenue 2021: $9,000Expenses 2021: $2,979Net Income 2021: $6,0212021Revenue 2022: $27,010Expenses 2022: $8,073Net Income 2022: $18,9372022Revenue 2023: $40,216Expenses 2023: $14,080Net Income 2023: $26,1362023Revenue 2024: $44,970Expenses 2024: $12,598Net Income 2024: $32,3722024Revenue 2025: $24,062Expenses 2025: $12,347Net Income 2025: $11,7152025

Highlighted filing

2025

Revenue$24,062
Expenses$12,347
Net Income$11,715
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$96,282
Liabilities
-
Net assets
$96,282
Revenue
$24,062
Expenses
$12,347
Net income
$11,715
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$96.3$96.3$24.1$12.3$11.7
2024Detailed filing. Detailed filing data is available for this year.$84.6$84.6$45.0$12.6$32.4
2023Detailed filing. Detailed filing data is available for this year.$52.2$0.00$52.2$40.2$14.1$26.1
2022Detailed filing. Detailed filing data is available for this year.$26.1$0.00$26.1$27.0$8.07$18.9
2021Detailed filing. Detailed filing data is available for this year.$7.12$0.00$7.12$9.00$2.98$6.02
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$1.63$0.53$1.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Oct 28, 2025
Return Version
2024v5.0
Gross Receipts
$24,062
Mission and Program Overview

Mission

The initial primary purpose is to provide need based scholarships. Additional activities will be to enhance education, healthcare, housing and services for individuals by partnering with other nonprofits and resources

Program Services

DescriptionGrantsExpenses
EDUCATIONAL SERVICES AND SCHOLARSHIPS-$12,347
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILLIP CARRPresident-$0--
RHONDA CARRTreasurer-$0--
TYLER CARRSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Vekter Foundation
EIN
84-3627635
Phone
2565438902
Address
PO BOX 1966, GADSDEN, AL 35902

Signing Officer

Name
Phillip Carr
Title
President
Phone
2565438902
Signed
2025-10-28
Discuss with paid preparer
Yes

Preparer

Firm
Southeastern Business Professionals Inc
Address
715 WALNUT ST FL 2, GADSDEN, AL 35901
Preparer
Roger C Boatner
Phone
2565438902
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses computer software 127 scholarship recipients 12,000 non-investment depreciation 220 total 12,347”

Form 990-ez, Part II, Line 24

“Computer 1,100 1,100 less accumulated depreciation 147 367 total 953 733”

Form 990-ez, Part III

“The initial primary purpose is to provide need based scholarships. Additional activities will be to enhance education, healthcare, housing and services for individuals by partnering with other nonprofits and resources”

Raw XML Appendix135 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/MethodOfAccountingAccrualInd0X
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES COMPUTER SOFTWARE 127 SCHOLARSHIP RECIPIENTS 12,000 NON-INVESTMENT DEPRECIATION 220 TOTAL 12,347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPUTER 1,100 1,100 LESS ACCUMULATED DEPRECIATION 147 367 TOTAL 953 733
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE INITIAL PRIMARY PURPOSE IS TO PROVIDE NEED BASED SCHOLARSHIPS. ADDITIONAL ACTIVITIES WILL BE TO ENHANCE EDUCATION, HEALTHCARE, HOUSING AND SERVICES FOR INDIVIDUALS BY PARTNERING WITH OTHER NONPROFITS AND RESOURCES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PhoneNum02565438902
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROGER C BOATNER
ReturnHeader/ReturnTs02025-11-07T09:27:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

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