Civic Intelligence

Pay IT Forward Charleston

990EZ • Fiscal year 2020 • EIN 85-1238004

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 13, 2021

Organization ProfileN/A
1085 Morrison DrCharleston, SC 29403

(843) 619-0202

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

98th percentile

94%

Higher net margin than 98% 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 / Assets67th percentile

Assets

$39,666

No earlier filing loaded for comparison.

Net Assets

$38,395

No earlier filing loaded for comparison.

Liabilities

$1,271

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin98th percentile

Revenue

$134,310

No earlier filing loaded for comparison.

Expenses

$8,468

No earlier filing loaded for comparison.

Net Income

$125,842

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.

$60K$40K$20K$0Assets 2020: $39,666Liabilities 2020: $1,271Net Assets 2020: $38,3952020Assets 2021: $43,004Liabilities 2021: $153Net Assets 2021: $42,8512021Assets 2022: $40,510Liabilities 2022: $909Net Assets 2022: $39,6012022Assets 2023: $26,391Liabilities 2023: $1,335Net Assets 2023: $25,0562023

Highlighted filing

2020

Assets$39,666
Liabilities$1,271
Net Assets$38,395
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2020: $134,310Expenses 2020: $8,468Net Income 2020: $125,8422020Revenue 2021: $72,936Expenses 2021: $68,480Net Income 2021: $4,4562021Revenue 2022: $110,203Expenses 2022: $113,453Net Income 2022: -$3,2502022Revenue 2023: $120,280Expenses 2023: $134,825Net Income 2023: -$14,5452023

Highlighted filing

2020

Revenue$134,310
Expenses$8,468
Net Income$125,842
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 13, 2021
Return Version
2020v4.0
Gross Receipts
$134,310
Mission and Program Overview

Mission

The charitable purpose is to provide assistance to food and beverage employees in need to due to unforseen circumstances which affect their earnings capacity. Further the organization may support local suppliers to the food and beverage industry.

Program Services

DescriptionGrantsExpenses
The charitable purpose is to provide assistance to food and beverage employees in need due to unforseen circumstances which affects their earnings capacity, Further, the organization may support local suppliers of the food and beverage industry.$87,447-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael ShemtovPresident-$0--
Filing and Contact Details

Filer

Filer Name
Pay it Forward Charleston
EIN
85-1238004
Phone
8436190202
Address
1085 Morrison Dr, Charleston, SC 29403

Signing Officer

Name
Michael Shemtov
Title
President
Signed
2021-08-13
Discuss with paid preparer
Yes

Preparer

Firm
Arrow Advisory
Address
1205 Two Island Ct, Mount Pleasant, SC 29466
Preparer
J Scott Powell
Phone
8437471004
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Office & Computer $6462”

Other Expenses.2

“Car & Truck Expenses $806”

Other Expenses.3

“Taxes & Licenses $707”

Other Expenses.4

“Meals & Entertainment $424”

Other Expenses.5

“Postage $69”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1271”

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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Michael Shemtov
IRS990EZ/BooksInCareOfDetail/PhoneNum08434753554
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01085 Morrison Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Charleston
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029403
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039666
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0134310
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0125842
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039666
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0134310
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt038395
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt038395
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michael Shemtov
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-87447
IRS990EZ/OtherExpensesTotalAmt08468
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The charitable purpose is to provide assistance to food and beverage employees in need to due to unforseen circumstances which affect their earnings capacity. Further the organization may support local suppliers to the food and beverage industry.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The charitable purpose is to provide assistance to food and beverage employees in need due to unforseen circumstances which affects their earnings capacity, Further, the organization may support local suppliers of the food and beverage industry.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt087447
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01271
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08468
IRS990EZ/TotalProgramServiceExpensesAmt087447
IRS990EZ/TotalRevenueAmt0134310
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Charitable purpose is to provide assistance to food and beverage employees in need due to unforseen circumstances which affect their earnings capacity. Further, the organization may support local suppliers to the food and beverage industry
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part I: Additional Information
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0134310
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0134310
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0134310
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0134310
IRS990ScheduleA/Total509Grp/TotalAmt0134310
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0134310
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0134310
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office & Computer $6462
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Car & Truck Expenses $806
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Taxes & Licenses $707
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Meals & Entertainment $424
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Postage $69
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1271
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Shemtov
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Pay it Forward Charleston
ReturnHeader/Filer/BusinessNameControlTxt0PAYI
ReturnHeader/Filer/EIN0851238004
ReturnHeader/Filer/PhoneNum08436190202
ReturnHeader/Filer/USAddress/AddressLine1Txt01085 Morrison Dr
ReturnHeader/Filer/USAddress/CityNm0Charleston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029403
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061664632
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARROW ADVISORY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01205 Two Island Ct
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mount Pleasant
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029466
ReturnHeader/PreparerPersonGrp/PhoneNum08437471004
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J Scott Powell
ReturnHeader/ReturnTs02021-08-13T15:00:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Shemtov
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
$39,666
Liabilities
$1,271
Net assets
$38,395
Revenue
$134,310
Expenses
$8,468
Net income
$125,842
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.26$0.01$0.25$1.20$1.35$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$1.10$1.13$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.73$0.68$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.38$1.34$0.08$1.26