Civic Intelligence

Vekter Foundation

990EZ • Fiscal year 2021 • EIN 84-3627635

Oct 01, 2020 to Sep 30, 2021 • Filed on Nov 17, 2021

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

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

92nd percentile

67%

Higher net margin than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

98th percentile

547%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

96th percentile

454%

Faster revenue growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$7,121

Up $6,021 (+547%) from 2020

Net Assets

Up

$7,121

Up $6,021 (+547%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin92nd percentile

Revenue

Up

$9,000

Up $7,375 (+454%) from 2020

Expenses

Up

$2,979

Up $2,454 (+467%) from 2020

Net Income

Up

$6,021

Up $4,921 (+447%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

2021

Assets$7,121
Liabilities$0
Net Assets$7,121
Open 2021 Filing

Operations Trend

Revenue Growth96th percentile

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

2021

Revenue$9,000
Expenses$2,979
Net Income$6,021
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Nov 17, 2021
Return Version
2020v4.0
Gross Receipts
$9,000
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-$2,979
Compensation and Service Providers
Top Officer Pay77th 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
2021-11-17
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 I, Line 16

“Expenses contributions 2,500 total 2,500”

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 Appendix117 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0PHILLIP CARR
CompensationExplanation/CompensationExplanationGrp/PersonNm1RHONDA CARR
CompensationExplanation/CompensationExplanationGrp/PersonNm2TYLER CARR
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/BOYAmt01100
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07121
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06021
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0479
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01100
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07121
IRS990EZ/GrossReceiptsAmt09000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01100
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07121
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01100
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07121
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/OtherExpensesTotalAmt02500
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/ProgramServiceRevenueAmt09000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATIONAL SERVICES AND SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02979
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02979
IRS990EZ/TotalProgramServiceExpensesAmt02979
IRS990EZ/TotalRevenueAmt09000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010625
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010625
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt010625
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01625
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010625
IRS990ScheduleA/TotalSupportAmt010625
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES CONTRIBUTIONS 2,500 TOTAL 2,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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 III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILLIP CARR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02565438902
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-17
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/PreparationDt02021-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROGER C BOATNER
ReturnHeader/ReturnTs02021-11-30T13:00:18-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PHILLIP
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARR
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,121
Liabilities
$0
Net assets
$7,121
Revenue
$9,000
Expenses
$2,979
Net income
$6,021
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