Civic Intelligence

Wood4Good Ltd.

990EZ • Fiscal year 2023 • EIN 85-3814854

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 28, 2024

14 Buttercup LaneJericho, VT 05465

(802) 310-1949

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.14x

Higher debt load relative to assets than 82% of similar nonprofits.

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

Liabilities / Revenue

84th percentile

0.13x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

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

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.

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

Asset Growth

90th percentile

78%

Faster asset growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

94%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$129,791

Up $56,765 (+78%) from 2022

Net Assets

Up

$111,104

Up $72,023 (+184%) from 2022

Liabilities

Down

$18,687

Down $15,258 (-45%) from 2022

Revenue

Up

$146,309

Up $70,960 (+94%) from 2022

Expenses

Up

$69,148

Up $28,007 (+68%) from 2022

Net Income

Up

$77,161

Up $42,953 (+126%) from 2022

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: $27,373Liabilities 2021: $22,500Net Assets 2021: $4,8732021Assets 2022: $73,026Liabilities 2022: $33,945Net Assets 2022: $39,0812022Assets 2023: $129,791Liabilities 2023: $18,687Net Assets 2023: $111,1042023Assets 2024: $195,185Liabilities 2024: $42,388Net Assets 2024: $152,7972024

Highlighted filing

2023

Assets$129,791
Liabilities$18,687
Net Assets$111,104

Operations Trend

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

$150K$100K$50K$0Revenue 2021: $23,284Expenses 2021: $18,411Net Income 2021: $4,8732021Revenue 2022: $75,349Expenses 2022: $41,141Net Income 2022: $34,2082022Revenue 2023: $146,309Expenses 2023: $69,148Net Income 2023: $77,1612023Revenue 2024: $147,329Expenses 2024: $105,636Net Income 2024: $41,6932024

Highlighted filing

2023

Revenue$146,309
Expenses$69,148
Net Income$77,161
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 28, 2024
Return Version
2023v5.0
Gross Receipts
$146,309
Mission and Program Overview

Mission

Provide firewood for heat for local residents in need.

Program Services

DescriptionGrantsExpenses
PROCESS AND DELIVER FIREWOOD TO LOCAL RESIDENTS-$69,148
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC AXELRODTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Wood4good Ltd
EIN
85-3814854
Phone
8023101949
Address
14 BUTTERCUP LANE, JERICHO, VT 05465

Signing Officer

Name
Eric Axelrod
Title
Trustee
Phone
8023101949
Signed
2024-10-28
Discuss with paid preparer
Yes

Preparer

Firm
Lavallee & Company Inc
Address
20 SUSIE WILSON RD STE 4, ESSEX JUNCTION, VT 05452
Preparer
David a Lavallee CPA
Phone
8028612200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 6,061 interest on truck loan 1,887 liability insurance 4,317 equipment maintenance 7,708 operating supplies 8,778 truck fuel and maintenanc 13,940 bank fees 58 non-investment depreciation 18,070 total 60,819

Form 990-ez, Part II, Line 24

Other loans receivable 0 44 vehicles and equipment 54,695 109,020 less accumulated depreciation 5,782 23,851 total 48,913 85,213

Form 990-ez, Part II, Line 26

Credit card balances 1,501 4,586 vehicle loan 14,480 0 equipment loan 19,465 14,101

Raw XML Appendix113 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/PersonNm0ERIC AXELROD
IRS990EZ/BooksInCareOfDetail/PhoneNum08023101949
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt014 BUTTERCUP LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JERICHO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005465
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020476
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt044578
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0142767
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt077161
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt069389
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0129791
IRS990EZ/GrossReceiptsAmt0146309
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt07
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt033943
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0111104
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt033943
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0111104
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIC AXELROD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt048913
IRS990EZ/OtherAssetsTotalDetail/EOYAmt085213
IRS990EZ/OtherExpensesTotalAmt060819
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE FIREWOOD FOR HEAT FOR LOCAL RESIDENTS IN NEED.
IRS990EZ/PrintingPublicationsPostageAmt0109
IRS990EZ/ProgramServiceRevenueAmt03535
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROCESS AND DELIVER FIREWOOD TO LOCAL RESIDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt069148
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08220
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt035446
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt018687
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt069148
IRS990EZ/TotalProgramServiceExpensesAmt069148
IRS990EZ/TotalRevenueAmt0146309
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WOOD4GOODVT.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0107797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt073993
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0181790
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07492
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0181790
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0107797
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt073993
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0181790
IRS990ScheduleA/TotalSupportAmt0181790
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 6,061 INTEREST ON TRUCK LOAN 1,887 LIABILITY INSURANCE 4,317 EQUIPMENT MAINTENANCE 7,708 OPERATING SUPPLIES 8,778 TRUCK FUEL AND MAINTENANC 13,940 BANK FEES 58 NON-INVESTMENT DEPRECIATION 18,070 TOTAL 60,819
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER LOANS RECEIVABLE 0 44 VEHICLES AND EQUIPMENT 54,695 109,020 LESS ACCUMULATED DEPRECIATION 5,782 23,851 TOTAL 48,913 85,213
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD BALANCES 1,501 4,586 VEHICLE LOAN 14,480 0 EQUIPMENT LOAN 19,465 14,101
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
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC AXELROD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum08023101949
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WOOD4GOOD LTD
ReturnHeader/Filer/BusinessNameControlTxt0WOOD
ReturnHeader/Filer/EIN0853814854
ReturnHeader/Filer/PhoneNum08023101949
ReturnHeader/Filer/USAddress/AddressLine1Txt014 BUTTERCUP LANE
ReturnHeader/Filer/USAddress/CityNm0JERICHO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005465
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030363116
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LAVALLEE & COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 SUSIE WILSON RD STE 4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ESSEX JUNCTION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005452
ReturnHeader/PreparerPersonGrp/PhoneNum08028612200
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A LAVALLEE CPA
ReturnHeader/ReturnTs02024-11-14T09:59:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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