Civic Intelligence

Flipp Inc.

990EZ • Fiscal year 2023 • EIN 85-3255197

Jan 01, 2023 to Dec 31, 2023 • Filed on May 03, 2024

16890 Oak StDillwyn, VA 23936

(434) 207-8420

Siviq Scores

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

Liabilities / Assets

86th percentile

0.27x

Higher debt load relative to assets than 86% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$10,577

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Assets

$23,159

No earlier filing loaded for comparison.

Net Assets

$16,877

No earlier filing loaded for comparison.

Liabilities

$6,282

No earlier filing loaded for comparison.

Revenue

$125,212

No earlier filing loaded for comparison.

Expenses

$81,469

No earlier filing loaded for comparison.

Net Income

$43,743

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2023: $23,159Liabilities 2023: $6,282Net Assets 2023: $16,8772023Assets 2024: $36,399Liabilities 2024: $30,116Net Assets 2024: $6,2832024

Highlighted filing

2023

Assets$23,159
Liabilities$6,282
Net Assets$16,877

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2023: $125,212Expenses 2023: $81,469Net Income 2023: $43,7432023Revenue 2024: $478,201Expenses 2024: $497,538Net Income 2024: -$19,3372024

Highlighted filing

2023

Revenue$125,212
Expenses$81,469
Net Income$43,743
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 3, 2024
Return Version
2023v5.0
Gross Receipts
$125,212
Mission and Program Overview

Mission

To create an inclusive workforce that reduces employment barriers for formerly incarcerated individuals, transitioning veterans, BIPOC, women, youth and empower low-income communities with renewable energy and entrepreneurship development training.

Program Services

DescriptionGrantsExpenses
Provided renewable energy and entrepreneurship training that reduced employment barriers for formerly incarcerated individuals, transitioning veterans, BIPOC, women, youth and emplower low-income communities.-$73,367
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Raye ElliottCEO & Exec DirectorFT$10,577-$10,577
B David HunterChairman-$0--
Mary ThigpenSecretary-$0--
AJ McDonaldTreasurer & CFO-$0--
Tanesha HudsonDirector-$0--
Lorenzo WoodDirector-$0--
Elliott HardingDirector-$0--
Filing and Contact Details

Filer

Filer Name
FLIPP Inc
EIN
85-3255197
Phone
4342078420
Address
16890 Oak St, Dillwyn, VA 23936

Signing Officer

Name
Raye Elliott
Title
CEO & Exec. Director
Signed
2024-05-03
Discuss with paid preparer
Yes

Preparer

Firm
Hill & Davis CPA PC
Address
1610 Graham Road, Farmville, VA 23901
Preparer
Teresa D Davis
Phone
4343921801
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $2084

Other Expenses.1002

Office Expenses $2919

Other Expenses.1005

Travel $2974

Other Expenses.1008

Interest $2066

Other Expenses.1012

Insurance $1247

Other Expenses.1

Trainer Fees $15150

Other Expenses.2

Contractual services $12700

Other Expenses.3

Certification Expense $5050

Other Expenses.4

Supplies $4472

Other Expenses.5

Meals $2862

Other Expenses.6

Subawards $2825

Other Expenses.7

Fundraising expense $1200

Other Expenses.9

Credit Monitoring $440

Other Expenses.10

Repairs $397

Other Expenses.11

Professional Development $375

Other Expenses.12

Dues & Subscriptions $356

Other Expenses.13

Registration fee $290

Other Expenses.14

Outside Contract Services $273

Other Expenses.15

Bank Fees $127

Other Expenses.16

Miscellaneous $26

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $20137 Payable to Officers, Directors, Etc. - Ending $0

Total Liabilities.1008

Unsecured Notes and Loans Payable - Beginning $6800 Unsecured Notes and Loans Payable - Ending $4348

Total Liabilities.1

Payroll liabilities - Beginning $0 Payroll liabilities - Ending $1934

Raw XML Appendix192 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/PersonNm0Raytosha L Elliott
IRS990EZ/BooksInCareOfDetail/PhoneNum04342078420
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt016890 Oak St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Dillwyn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023936
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt071
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023159
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt092937
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt043743
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0334
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt071
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023159
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0125212
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-26866
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016877
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-26866
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt016877
IRS990EZ/OccupancyRentUtltsAndMaintAmt07513
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt010577
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Raye Elliott
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1B David Hunter
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Mary Thigpen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3AJ McDonald
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Tanesha Hudson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Lorenzo Wood
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Elliott Harding
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO & Exec Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer & CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt057833
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To create an inclusive workforce that reduces employment barriers for formerly incarcerated individuals, transitioning veterans, BIPOC, women, youth and empower low-income communities with renewable energy and entrepreneurship development training.
IRS990EZ/PrintingPublicationsPostageAmt0759
IRS990EZ/ProgramServiceRevenueAmt032275
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided renewable energy and entrepreneurship training that reduced employment barriers for formerly incarcerated individuals, transitioning veterans, BIPOC, women, youth and emplower low-income communities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt073367
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt015030
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt026937
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt06282
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt081469
IRS990EZ/TotalProgramServiceExpensesAmt073367
IRS990EZ/TotalRevenueAmt0125212
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0122711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0122711
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0122711
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0122711
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0122711
IRS990ScheduleA/TotalSupportAmt0125211
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2084
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $2919
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $2974
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $2066
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $1247
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Trainer Fees $15150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Contractual services $12700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Certification Expense $5050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Supplies $4472
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Meals $2862
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Subawards $2825
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Fundraising expense $1200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Credit Monitoring $440
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Repairs $397
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Professional Development $375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Dues & Subscriptions $356
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Registration fee $290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Outside Contract Services $273
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Bank Fees $127
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Miscellaneous $26
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Payable to Officers, Directors, Etc. - Beginning $20137 Payable to Officers, Directors, Etc. - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Unsecured Notes and Loans Payable - Beginning $6800 Unsecured Notes and Loans Payable - Ending $4348
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Payroll liabilities - Beginning $0 Payroll liabilities - Ending $1934
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Other Expenses.13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Other Expenses.14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Other Expenses.15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Other Expenses.16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Total Liabilities.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Raye Elliott
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO & Exec. Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLIPP Inc
ReturnHeader/Filer/BusinessNameControlTxt0FLIP
ReturnHeader/Filer/EIN0853255197
ReturnHeader/Filer/PhoneNum04342078420
ReturnHeader/Filer/USAddress/AddressLine1Txt016890 Oak St
ReturnHeader/Filer/USAddress/CityNm0Dillwyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023936
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541672273
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Hill & Davis CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01610 Graham Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Farmville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023901
ReturnHeader/PreparerPersonGrp/PhoneNum04343921801
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Teresa D Davis
ReturnHeader/ReturnTs02024-05-03T13:20:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Raye
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Elliott
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings