Civic Intelligence

Vekter Foundation

990EZ • Fiscal year 2020 • EIN 84-3627635

Oct 01, 2019 to Sep 30, 2020 • Filed on Mar 08, 2020

Organization ProfileN/A
400 Broad StreetGadsden, AL 35901

(256) 543-8902

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

93rd percentile

68%

Higher net margin than 93% 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

$1,100

No earlier filing loaded for comparison.

Net Assets

$1,100

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin93rd percentile

Revenue

$1,625

No earlier filing loaded for comparison.

Expenses

$525

No earlier filing loaded for comparison.

Net Income

$1,100

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2020

Assets$1,100
Liabilities$0
Net Assets$1,100
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$1,625
Expenses$525
Net Income$1,100
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Mar 8, 2020
Return Version
2019v5.0
Gross Receipts
$1,625
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-$525
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILLIP CARRPresidentPT$0--
RHONDA CARRTreasurerPT$0--
TYLER CARRSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Vekter Foundation
EIN
84-3627635
Phone
2565438902
Address
400 BROAD STREET, GADSDEN, AL 35901

Signing Officer

Name
Phillip Carr
Title
President
Phone
2565438902
Signed
2020-03-08
Discuss with paid preparer
Yes

Preparer

Firm
Boatner & Pugh
Address
715 WALNUT ST FL 2, GADSDEN, AL 35901-4138
Preparer
Roger C Boatner
Phone
2565438902
Supplemental Narrative

Additional Explanations

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 Appendix104 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/PersonNm0PHILLIP CARR
IRS990EZ/BooksInCareOfDetail/PhoneNum02565474407
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0400 BROAD STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GADSDEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd035901
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01100
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01100
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0525
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01100
IRS990EZ/GrossReceiptsAmt01625
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01100
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILLIP CARR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RHONDA CARR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TYLER CARR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE 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
IRS990EZ/ProgramServiceRevenueAmt01625
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATIONAL SERVICES AND SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0525
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0525
IRS990EZ/TotalProgramServiceExpensesAmt0525
IRS990EZ/TotalRevenueAmt01625
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01625
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01625
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01625
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01625
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01625
IRS990ScheduleA/TotalSupportAmt01625
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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 III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILLIP CARR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02565438902
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VEKTER FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VEKT
ReturnHeader/Filer/EIN0843627635
ReturnHeader/Filer/PhoneNum02565438902
ReturnHeader/Filer/USAddress/AddressLine1Txt0400 BROAD STREET
ReturnHeader/Filer/USAddress/CityNm0GADSDEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035901
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010732554
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOATNER & PUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0715 WALNUT ST FL 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GADSDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0359014138
ReturnHeader/PreparerPersonGrp/PhoneNum02565438902
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROGER C BOATNER
ReturnHeader/ReturnTs02021-03-08T14:29:49-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

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
$1,100
Liabilities
$0
Net assets
$1,100
Revenue
$1,625
Expenses
$525
Net income
$1,100
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