Civic Intelligence

Webb Squared Inc

990EZ • Fiscal year 2022 • EIN 86-3751750

Jan 01, 2022 to Dec 31, 2022 • Filed on May 30, 2023

Organization Profilewww.webbsquared.org
PO Box 1605Pittsboro, NC 27312

(919) 225-6187

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE S30 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

39th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE S30 • <$500k nonprofits • Source year 2022

Net Margin

55th percentile

6.6%

Higher net margin than 55% of similar nonprofits.

2022 filings • NTEE S30 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$28,700

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 35.4% of source-year revenue.

2022 filings • NTEE S30 • <$500k nonprofits • Source year 2022

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2022 filings • NTEE S30 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

88th percentile

138%

Faster revenue growth than 88% of similar nonprofits.

2022 filings • NTEE S30 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$31,157

Up $5,313 (+21%) from 2021

Net Assets

Up

$31,157

Up $5,313 (+21%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin55th percentile

Revenue

Up

$81,011

Up $46,972 (+138%) from 2021

Expenses

Up

$75,698

Up $67,503 (+824%) from 2021

Net Income

Down

$5,313

Down $20,531 (-79%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$40K$30K$20K$10K$0Assets 2021: $25,844Liabilities 2021: $0Net Assets 2021: $25,8442021Assets 2022: $31,157Liabilities 2022: $0Net Assets 2022: $31,1572022Assets 2023: $16,724Liabilities 2023: $0Net Assets 2023: $16,7242023Assets 2024: $1,633Liabilities 2024: $0Net Assets 2024: $1,6332024

Highlighted filing

2022

Assets$31,157
Liabilities$0
Net Assets$31,157
Open 2022 Filing

Operations Trend

Revenue Growth88th percentile

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

$300K$200K$100K$0-$100KRevenue 2021: $34,039Expenses 2021: $8,195Net Income 2021: $25,8442021Revenue 2022: $81,011Expenses 2022: $75,698Net Income 2022: $5,3132022Revenue 2023: $201,271Expenses 2023: $186,532Net Income 2023: $14,7392023Revenue 2024: $226,882Expenses 2024: $241,973Net Income 2024: -$15,0912024

Highlighted filing

2022

Revenue$81,011
Expenses$75,698
Net Income$5,313
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 30, 2023
Return Version
2022v5.0
Gross Receipts
$81,011
Mission and Program Overview

Mission

To redress the racial wealth gap and build generational wealth by providing incubator and accelerator services to black and brown entrepreneurs in rural North Carolina.

COMMUNITY SERVICES

Program Services

DescriptionGrantsExpenses
BLACK SOCIAL ENTREPRENURSHIP PROGRAMS-$45,901
SOCIAL ENGAGEMENT IN THE COMMUNITY-$21,558
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANIE TERRYExecutive DirectorPT$28,700-$28,700
RINNIE ORRDirectorPT$28,000-$28,000
LINDA COTTONChairPT$0--
Filing and Contact Details

Filer

Filer Name
Webb Squared
EIN
86-3751750
Phone
9192256187
Address
PO Box 1605, Pittsboro, NC 27312

Signing Officer

Name
Stephanie Terry
Title
Executive Director
Phone
9192256187
Signed
2023-05-30
Discuss with paid preparer
Yes

Preparer

Firm
Hme Consulting Inc
Address
626 RXR PLAZA 6TH FLOOR, UNIONDALE, NY 11556
Preparer
Damien S Fields
Phone
6313555478
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 153”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 525”

Form 990-EZ, Part I, Line 16, Other Expenses

“Dues and Subscriptions 5,025”

Form 990-EZ, Part I, Line 16, Other Expenses

“Taxes 9,090”

Raw XML Appendix143 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/BusinessName/BusinessNameLine1Txt0WEBB SQUARED
IRS990EZ/BooksInCareOfDetail/PhoneNum09192256187
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1605
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PITTSBORO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027312
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025844
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt031157
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt081011
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05313
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02954
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt025844
IRS990EZ/Form990TotalAssetsGrp/EOYAmt031157
IRS990EZ/GrossReceiptsAmt081011
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt025844
IRS990EZ/NetAssetsOrFundBalancesEOYAmt031157
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt025844
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt031157
IRS990EZ/OccupancyRentUtltsAndMaintAmt0450
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt028700
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt128000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEPHANIE TERRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RINNIE ORR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LINDA COTTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt014793
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COMMUNITY SERVICES
IRS990EZ/PrintingPublicationsPostageAmt0801
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BLACK SOCIAL ENTREPRENURSHIP PROGRAMS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SOCIAL ENGAGEMENT IN THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt045901
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt121558
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt056700
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt075698
IRS990EZ/TotalProgramServiceExpensesAmt067459
IRS990EZ/TotalRevenueAmt081011
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.webbsquared.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt081011
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt034039
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0115050
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0115050
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt081011
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt034039
IRS990ScheduleA/Total509Grp/TotalAmt0115050
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt081011
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt034039
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0115050
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Meals and entertainment 153
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 525
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Dues and Subscriptions 5,025
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Taxes 9,090
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHANIE TERRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09192256187
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEBB SQUARED
ReturnHeader/Filer/BusinessNameControlTxt0WEBB
ReturnHeader/Filer/EIN0863751750
ReturnHeader/Filer/PhoneNum09192256187
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1605
ReturnHeader/Filer/USAddress/CityNm0Pittsboro
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027312
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263441294
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HME CONSULTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0626 RXR PLAZA 6TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0UNIONDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011556
ReturnHeader/PreparerPersonGrp/PhoneNum06313555478
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Damien S Fields
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-30T08:38:40-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEPHANIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TERRY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,157
Liabilities
$0
Net assets
$31,157
Revenue
$81,011
Expenses
$75,698
Net income
$5,313
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$2.27$2.42$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$2.01$1.87$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.81$0.76$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.34$0.08$0.26