Civic Intelligence

Experience Reality Inc.

990 • Fiscal year 2021 • EIN 84-4411313

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 17, 2022

Organization ProfileN/A
309 Northwood CircleDurham, NC 27701

(919) 632-4279

Siviq Scores

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

Liabilities / Assets

66th percentile

0.12x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • NTEE X • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.14x

Higher debt load relative to revenue than 68% of similar nonprofits.

2021 filings • NTEE X • $500k-$1M nonprofits • Source year 2021

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2021 filings • NTEE X • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

59th percentile

$0

Higher top officer pay than 59% of similar nonprofits.

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

2021 filings • NTEE X • $500k-$1M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Balance Sheet
Liabilities / Assets66th percentile

Assets

$812,533

No earlier filing loaded for comparison.

Net Assets

$712,533

No earlier filing loaded for comparison.

Liabilities

$100,000

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin99th percentile

Revenue

$691,159

No earlier filing loaded for comparison.

Expenses

$5,084

No earlier filing loaded for comparison.

Net Income

$686,075

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2021: $812,533Liabilities 2021: $100,000Net Assets 2021: $712,5332021Assets 2022: $812,620Liabilities 2022: $100,000Net Assets 2022: $712,6202022Assets 2023: $6,372,786Liabilities 2023: $100,000Net Assets 2023: $6,272,7862023Assets 2024: $6,196,518Liabilities 2024: $439,830Net Assets 2024: $5,756,6882024

Highlighted filing

2021

Assets$812,533
Liabilities$100,000
Net Assets$712,533
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2021: $691,159Expenses 2021: $5,084Net Income 2021: $686,0752021Revenue 2022: $40,795Expenses 2022: $38,707Net Income 2022: $2,0882022Revenue 2023: $5,708,573Expenses 2023: $148,407Net Income 2023: $5,560,1662023Revenue 2024: $114,778Expenses 2024: $630,876Net Income 2024: -$516,0982024

Highlighted filing

2021

Revenue$691,159
Expenses$5,084
Net Income$686,075
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 17, 2022
Return Version
2021v4.2
Gross Receipts
$691,159
Mission and Program Overview

Mission

Christian conference, retreat, and study center

Christian conference Retreat and study center programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$664,000-
Cash and Non-Interest-Bearing Accounts$26,458$148,533▲ $122,075
Total Assets$26,458$812,533▲ $786,075
Liabilities
Other Liabilities-$100,000-
Total Liabilities$0$100,000▲ $100,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$26,458$712,533▲ $686,075
Total Net Assets Fund Balance$26,458$712,533▲ $686,075
Total Liabilities and Net Assets / Fund Balance$26,458$812,533▲ $786,075

Asset Categories

AssetBook ValueDepreciationBasis
Land$664,000--
Compensation and Service Providers
Top Officer Pay59th percentile

Board Members and Trustees

NameTitle
Jeff Y McswainPresident and CEO
Cameron V BoltesSecretary
Boyd W HarrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$689,909
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,250
All Other Contributions
$689,909
Change in Net Assets
$686,075
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$5,084-$5,084
Total Functional Expenses$0$5,084$0$5,084
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepayment of rent$100,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

“All officers reviewed the 990 before filing for tax year 2021”

Part VI Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Experience Reality Inc
EIN
84-4411313
In Care Of
% Jeffrey Y McSwain
Phone
9196324279
Address
309 Northwood Circle, Durham, NC 27701

Signing Officer

Name
Jeffrey Y Mcswain
Title
President and CEO
Phone
9196324279
Signed
2022-10-17

Organization Details

Principal Officer
Jeffrey Y Mcswain
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
0
Employees
0
Raw XML Appendix243 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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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0691159
IRS990/GrossRentsGrp/RealAmt01250
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipCostOrOtherBssAmt0664000
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
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IRS990/PYExcessBenefitTransInd0false
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IRS990/RegularMonitoringEnfrcInd0true
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IRS990/RentalIncomeOrLossGrp/RealAmt01250
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IRS990/ReportLandBuildingEquipmentInd0true
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ReturnHeader/Filer/EIN0844411313
ReturnHeader/Filer/InCareOfNm0% Jeffrey Y McSwain
ReturnHeader/Filer/PhoneNum09196324279
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ReturnHeader/Filer/USAddress/CityNm0Durham
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027701
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ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$812,533
Liabilities
$100,000
Net assets
$712,533
Revenue
$691,159
Expenses
$5,084
Net income
$686,075
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.20$0.44$5.76$0.11$0.63$0.52
2023Summary only. Only limited summary data is available for this year.$6.37$0.10$6.27$5.71$0.15$5.56
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.10$0.71$0.04$0.04$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.81$0.10$0.71$0.69$0.01$0.69
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $500k-$1M nonprofits