Civic Intelligence

CFO Rising Inc.

990EZ • Fiscal year 2021 • EIN 85-3261347

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

5943 Amber Ridge RdHaymarket, VA 20169

(703) 864-7212

Siviq Scores

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

Liabilities / Assets

89th percentile

0.50x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

85th percentile

0.22x

Higher debt load relative to revenue than 85% of similar nonprofits.

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

Net Margin

81st percentile

39%

Higher net margin than 81% 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

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

Assets

$20,920

No earlier filing loaded for comparison.

Net Assets

$10,547

No earlier filing loaded for comparison.

Liabilities

$10,373

No earlier filing loaded for comparison.

Revenue

$47,503

No earlier filing loaded for comparison.

Expenses

$28,976

No earlier filing loaded for comparison.

Net Income

$18,527

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.

$200K$150K$100K$50K$0Assets 2021: $20,920Liabilities 2021: $10,373Net Assets 2021: $10,5472021Assets 2022: $74,714Liabilities 2022: $10,373Net Assets 2022: $64,3412022Assets 2023: $152,606Liabilities 2023: $8,373Net Assets 2023: $144,2332023Assets 2024: $78,126Liabilities 2024: $8,373Net Assets 2024: $69,7532024

Highlighted filing

2021

Assets$20,920
Liabilities$10,373
Net Assets$10,547

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2021: $47,503Expenses 2021: $28,976Net Income 2021: $18,5272021Revenue 2022: $122,757Expenses 2022: $68,963Net Income 2022: $53,7942022Revenue 2023: $248,300Expenses 2023: $167,660Net Income 2023: $80,6402023Revenue 2024: $165,801Expenses 2024: $240,281Net Income 2024: -$74,4802024

Highlighted filing

2021

Revenue$47,503
Expenses$28,976
Net Income$18,527
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.0
Gross Receipts
$47,503
Mission and Program Overview

Mission

F. The purpose of our organization is to assist rising financial leaders who need help in obtaining training and mentoring to be prepared for their first CFO role. Our sessions are specifically designed to provide that mentoring. The volunteer speakers provide high level overviews of each topic, and other volunteers in the audience offer to provide 1 on 1 mentoring sessions when a participant has trouble understanding specific topics

Program Services

DescriptionGrantsExpenses
A. CFO Rising has prepared a twelve month long agenda of topics that are relevant to the daily duties and responsibilities of a Chief Financial Officer. We hold a 3-4 hour long session once a month in which a current CFO (or a panel of subject experts) will address the participants using prepared slides. These topics are intended to provide the participants with a well rounded understanding of all responsibilities of a senior finance executive, so that when they are ready to search for a CFO position they have a good understanding of what will be expected of them.$0$22,732
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian MeadowsPresidentPT$0--
John Eric JunkerTreasurerPT$0--
Lance ThomSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
CFO Rising Inc
EIN
85-3261347
Phone
7038647212
Address
5943 Amber Ridge Rd, Haymarket, VA 20169

Signing Officer

Name
John Eric Junker
Title
Treasurer
Phone
7038647212
Signed
2022-05-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Blue Host, DNS Registration, 545.50; Legal Zoom, Legal services, 497.90; Paypal, Bank Fees, 507.52; TIAA, Bank Fees, 49.80; WIX, Website hosting, 234.00; Zingify, Branding expense, 1,287.07; Hungry, Catering for meetings, 22,498.28; Virginia State Corporation Commission,State Filing Fee, 25.00; Intuit, Accounting services, 120.05; Patsy's Randy's, Board meeting meal, 1,086.16; McLean Hilton, social event, 234.69;

Form 990-EZ, Part I, Line 20

The corporation incurred several setup expenses in 2020 that were not reported on a Form 990. These expenses were covered by the founders and are recorded as payables on the statement of financial position.

Form 990-EZ, Part II, Line 26

Amounts due to founders for expenses covered prior to receipt of initial program revenue.

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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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IRS990EZ/PrimaryExemptPurposeTxt0F. The purpose of our organization is to assist rising financial leaders who need help in obtaining training and mentoring to be prepared for their first CFO role. Our sessions are specifically designed to provide that mentoring. The volunteer speakers provide high level overviews of each topic, and other volunteers in the audience offer to provide 1 on 1 mentoring sessions when a participant has trouble understanding specific topics
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Blue Host, DNS Registration, 545.50; Legal Zoom, Legal services, 497.90; Paypal, Bank Fees, 507.52; TIAA, Bank Fees, 49.80; WIX, Website hosting, 234.00; Zingify, Branding expense, 1,287.07; Hungry, Catering for meetings, 22,498.28; Virginia State Corporation Commission,State Filing Fee, 25.00; Intuit, Accounting services, 120.05; Patsy's Randy's, Board meeting meal, 1,086.16; McLean Hilton, social event, 234.69;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The corporation incurred several setup expenses in 2020 that were not reported on a Form 990. These expenses were covered by the founders and are recorded as payables on the statement of financial position.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Amounts due to founders for expenses covered prior to receipt of initial program revenue.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
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ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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