Civic Intelligence

High-Tech Small Town

990EZ • Fiscal year 2022 • EIN 85-2801002

Jan 01, 2022 to Dec 31, 2022 • Filed on May 09, 2023

4443 Ravenwood Oak DrLakeland, TN 38002

(901) 335-2606

Siviq Scores

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

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

8th percentile

-65%

Higher net margin than 8% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

8th percentile

-58%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

11th percentile

-51%

Faster revenue growth than 11% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$19,606

Down $27,111 (-58%) from 2021

Net Assets

Down

$18,565

Down $28,152 (-60%) from 2021

Liabilities

Up

$1,041

Up $1,041 from 2021

Revenue

Down

$43,049

Down $44,354 (-51%) from 2021

Expenses

Up

$71,203

Up $25,477 (+56%) from 2021

Net Income

Down

-$28,154

Down $69,831 (-168%) from 2021

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2021: $46,717Liabilities 2021: $0Net Assets 2021: $46,7172021Assets 2022: $19,606Liabilities 2022: $1,041Net Assets 2022: $18,5652022Assets 2023: $12,658Liabilities 2023: $144Net Assets 2023: $12,5142023Assets 2024: $16,796Net Assets 2024: $16,7962024

Highlighted filing

2022

Assets$19,606
Liabilities$1,041
Net Assets$18,565

Operations Trend

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

$100K$50K$0-$50KRevenue 2021: $87,403Expenses 2021: $45,726Net Income 2021: $41,6772021Revenue 2022: $43,049Expenses 2022: $71,203Net Income 2022: -$28,1542022Revenue 2023: $62,027Expenses 2023: $68,078Net Income 2023: -$6,0512023Revenue 2024: $71,707Expenses 2024: $67,425Net Income 2024: $4,2822024

Highlighted filing

2022

Revenue$43,049
Expenses$71,203
Net Income-$28,154
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$43,049
Mission and Program Overview

Mission

To encourage businesses to locate technical talent in economically depressed rural towns to provide new employment opportunities, work with local school systems to engage and educated secondary students in technology course, coordinate with colleges and training institutions to provide internships for post-secondary technology students, work with local businesses and would-be entrepreneurs to utilize technology to enable competition of rural business.

Program Services

DescriptionGrantsExpenses
TO ENCOURAGE BUSINESSES TO LOCATE TECHNICAL TALENT IN ECONOMICALLY DEPRESSED RURAL TOWNS TO PROVIDE NEW EMPLOYMENT OPPORTUNITIES, WORK WITH LOCAL SCHOOL SYSTEMS TO ENGAGE AND EDUCATED SECONDARY STUDENTS IN TECHNOLOGY COURSE, COORDINATE WITH COLLEGES AND TRAINING INSTITUTIONS TO PROVIDE INTERNSHIPS FOR POST-SECONDARY TECHNOLOGY STUDENTS, WORK WITH LOCAL BUSINESSES AND WOULD-BE ENTREPRENEURS TO UTILIZE TECHNOLOGY TO ENABLE COMPETITION OF RURAL BUSINESS.-$71,203
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LOUIS E POWELLDirector-$0--
SONIA D POWELLDirector-$0--
WILLIAM J ALBERTSONDirector-$0--
CRISTA L ALBERTSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
High-tech Small Town
EIN
85-2801002
Phone
9013352606
Address
4443 RAVENWOOD OAK DR, LAKELAND, TN 38002

Signing Officer

Name
Louis E Powell
Title
Director
Phone
9013352606
Signed
2023-05-09

Preparer

Firm
Jackson Howell & Associates Pllc
Address
7240 GOODLETT FARMS PKWY STE 101, CORDOVA, TN 38016
Preparer
David L Jackson CPA
Phone
9016835100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,213 office supplies 930 opffice expense 389 travel 170 insurance 475 software expense 1,904 internet 501 license 193 bank charges 63 misc 1,434 quick books 267 program software 3,862 total 11,401

Form 990-ez, Part II, Line 24

Undeposited funds 474 474 total 474 474

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 1,041

Form 990-ez, Part III

To encourage businesses to locate technical talent in economically depressed rural towns to provide new employment opportunities, work with local school systems to engage and educated secondary students in technology course, coordinate with colleges and training institutions to provide internships for post-secondary technology students, work with local businesses and would-be entrepreneurs to utilize technology to enable competition of rural business.

Form 990-ez, Part III, Line 28

To encourage businesses to locate technical talent in economically depressed rural towns to provide new employment opportunities, work with local school systems to engage and educated secondary students in technology course, coordinate with colleges and training institutions to provide internships for post-secondary technology students, work with local businesses and would-be entrepreneurs to utilize technology to enable competition of rural business.

Raw XML Appendix137 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,213 OFFICE SUPPLIES 930 OPFFICE EXPENSE 389 TRAVEL 170 INSURANCE 475 SOFTWARE EXPENSE 1,904 INTERNET 501 LICENSE 193 BANK CHARGES 63 MISC 1,434 QUICK BOOKS 267 PROGRAM SOFTWARE 3,862 TOTAL 11,401
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNDEPOSITED FUNDS 474 474 TOTAL 474 474
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 1,041
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ENCOURAGE BUSINESSES TO LOCATE TECHNICAL TALENT IN ECONOMICALLY DEPRESSED RURAL TOWNS TO PROVIDE NEW EMPLOYMENT OPPORTUNITIES, WORK WITH LOCAL SCHOOL SYSTEMS TO ENGAGE AND EDUCATED SECONDARY STUDENTS IN TECHNOLOGY COURSE, COORDINATE WITH COLLEGES AND TRAINING INSTITUTIONS TO PROVIDE INTERNSHIPS FOR POST-SECONDARY TECHNOLOGY STUDENTS, WORK WITH LOCAL BUSINESSES AND WOULD-BE ENTREPRENEURS TO UTILIZE TECHNOLOGY TO ENABLE COMPETITION OF RURAL BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO ENCOURAGE BUSINESSES TO LOCATE TECHNICAL TALENT IN ECONOMICALLY DEPRESSED RURAL TOWNS TO PROVIDE NEW EMPLOYMENT OPPORTUNITIES, WORK WITH LOCAL SCHOOL SYSTEMS TO ENGAGE AND EDUCATED SECONDARY STUDENTS IN TECHNOLOGY COURSE, COORDINATE WITH COLLEGES AND TRAINING INSTITUTIONS TO PROVIDE INTERNSHIPS FOR POST-SECONDARY TECHNOLOGY STUDENTS, WORK WITH LOCAL BUSINESSES AND WOULD-BE ENTREPRENEURS TO UTILIZE TECHNOLOGY TO ENABLE COMPETITION OF RURAL BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09013352606
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ReturnHeader/PreparerPersonGrp/PhoneNum09016835100
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID L JACKSON CPA
ReturnHeader/ReturnTs02023-05-15T16:04:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0POWELL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings