Civic Intelligence

Pay IT Forward Charleston

990EZ • Fiscal year 2021 • EIN 85-1238004

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 01, 2022

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

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

46th percentile

6.1%

Higher net margin than 46% 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

54th percentile

8.4%

Faster asset growth than 54% of similar nonprofits.

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

Revenue Growth

18th percentile

-46%

Faster revenue growth than 18% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$43,004

Up $3,338 (+8.4%) from 2020

Net Assets

Up

$42,851

Up $4,456 (+12%) from 2020

Liabilities

Down

$153

Down $1,118 (-88%) from 2020

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin46th percentile

Revenue

Down

$72,936

Down $61,374 (-46%) from 2020

Expenses

Up

$68,480

Up $60,012 (+709%) from 2020

Net Income

Down

$4,456

Down $121,386 (-96%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

2021

Assets$43,004
Liabilities$153
Net Assets$42,851
Open 2021 Filing

Operations Trend

Revenue Growth18th percentile

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

2021

Revenue$72,936
Expenses$68,480
Net Income$4,456
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 1, 2022
Return Version
2021v4.0
Gross Receipts
$72,936
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.-$45,419
Compensation and Service Providers
Top Officer Pay77th 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
2022-09-01
Discuss with paid preparer
Yes

Preparer

Firm
Arrow Advisory LLC
Address
1205 TWO ISLAND CT STE 201, MOUNT PLEASANT, SC 29466
Preparer
Kathleen Edwards
Phone
8437471004
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: Various | Cash Amount Given: $23784”

Other Expenses.1001

“Advertising and Promotion $9466”

Other Expenses.1002

“Office Expenses $9327”

Other Expenses.1

“Website Development $1426”

Other Expenses.2

“Contractors $900”

Other Expenses.3

“Office & Computer $756”

Other Expenses.4

“Meals & Entertainment $483”

Other Expenses.5

“Pay pal $66”

Other Expenses.6

“Taxes & Licenses $50”

Other Expenses.7

“Bank Charges $46”

Other Assets.1007

“Receivables-Officers, Directors, Etc. - Beginning $0 Receivables-Officers, Directors, Etc. - Ending $1450”

Other Assets.1009

“Notes and Loans Receivable - Beginning $0 Notes and Loans Receivable - Ending $172”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1271 Accounts Payable and Accrued Expenses - Ending $153”

Raw XML Appendix157 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
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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/BOYAmt039666
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt041382
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt072936
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04456
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt039666
IRS990EZ/Form990TotalAssetsGrp/EOYAmt043004
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt023784
IRS990EZ/GrossReceiptsAmt072936
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt038395
IRS990EZ/NetAssetsOrFundBalancesEOYAmt042851
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt038395
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt042851
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michael Shemtov
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01622
IRS990EZ/OtherExpensesTotalAmt022520
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/ProgramServiceExpensesAmt045419
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt020776
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01271
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0153
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt068480
IRS990EZ/TotalProgramServiceExpensesAmt045419
IRS990EZ/TotalRevenueAmt072936
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/CurrentTaxYearAmt072936
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0134310
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0207246
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/PublicSupportTotal509Amt0207246
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt072936
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0134310
IRS990ScheduleA/Total509Grp/TotalAmt0207246
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt072936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0134310
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0207246
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Various | Cash Amount Given: $23784
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $9466
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $9327
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Website Development $1426
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contractors $900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Office & Computer $756
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals & Entertainment $483
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Pay pal $66
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Taxes & Licenses $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bank Charges $46
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Receivables-Officers, Directors, Etc. - Beginning $0 Receivables-Officers, Directors, Etc. - Ending $1450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Notes and Loans Receivable - Beginning $0 Notes and Loans Receivable - Ending $172
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Accounts Payable and Accrued Expenses - Beginning $1271 Accounts Payable and Accrued Expenses - Ending $153
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Assets.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Assets.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Total Liabilities.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Shemtov
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-01
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 LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01205 TWO ISLAND CT STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOUNT PLEASANT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029466
ReturnHeader/PreparerPersonGrp/PhoneNum08437471004
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kathleen Edwards
ReturnHeader/ReturnTs02022-09-01T12:01:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Shemtov
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 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,004
Liabilities
$153
Net assets
$42,851
Revenue
$72,936
Expenses
$68,480
Net income
$4,456
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