Civic Intelligence

Project Lyceum Inc

EIN 87-1372170 • 501(c)3 • Virginia Beach, VA

Profile

Provide scholarship funding for individuals to obtain impactful nutritional services, training, and equipment.

2632 Highland Meadows WayVirginia Beach, VA 23456

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

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

Liabilities / Revenue

61st percentile

0.00x

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

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

Net Margin

19th percentile

-30%

Higher net margin than 19% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

21st percentile

-38%

Faster asset growth than 21% of similar nonprofits.

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

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$0

Down $6,395 (-100%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $6,395 (-100%) from 2022

Operations
Liabilities / Revenue61st percentileNet Margin19th percentile

Revenue

Down

$1,000

Down $11,888 (-92%) from 2022

Expenses

Down

$11,041

Down $5,684 (-34%) from 2022

Net Income

Down

-$10,041

Down $6,204 (-162%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2021: $10,232Net Assets 2021: $10,2322021Assets 2022: $6,395Liabilities 2022: $0Net Assets 2022: $6,3952022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities-
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$10K$0-$10K-$20KRevenue 2021: $10,2322021Revenue 2022: $12,888Expenses 2022: $16,725Net Income 2022: -$3,8372022Revenue 2023: $1,000Expenses 2023: $11,041Net Income 2023: -$10,0412023

Highlighted filing

2023

Revenue$1,000
Expenses$11,041
Net Income-$10,041
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$1,000
Expenses
$11,041
Net income
-$10,041
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.00$11.0$10.0
2022Detailed filing. Detailed filing data is available for this year.$6.40$0.00$6.40$12.9$16.7$3.84
2021Detailed filing. Detailed filing data is available for this year.$10.2$10.2$10.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 6, 2024
Return Version
2023v5.0
Gross Receipts
$1,000
Mission and Program Overview

Mission

PROVIDE SCHOLARSHIPS

Provide scholarship funding for individuals to obtain impactful nutritional services, training, and equipment.

Program Services

DescriptionGrantsExpenses
BENEIFTS PAID TO INDIVIDUALS.$4,646$11,041
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHERINE D GRIMM OFFICERPresident-$0--
WILSON B GEORGECEO-$0--
JOHN F GEORGE IITreasurer-$0--
JOHN F GEORGE IIIMember-$0--
JEFF G NICHOLSMember-$0--
JOSH LEMBESISSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Project Lyceum Inc
EIN
87-1372170
Phone
4806503916
Address
2632 HIGHLAND MEADOWS WAY, VIRGINIA BEACH, VA 23456

Signing Officer

Name
Katherine D Grimm Officer
Title
President
Phone
4806503916
Signed
2024-06-06

Preparer

Firm
Mcgovern & Sikes Cpas LLC
Address
9964 MANSFIELD RD, KEITHVILLE, LA 71047
Preparer
Dr Helen B Sikes CPA Cma Cgma
Phone
3186864444
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Donations 1,000 total 1,000”

Form 990-ez, Part III

“Provide scholarship funding for individuals to obtain impactful nutritional services, training, and equipment.”

Raw XML Appendix136 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/PersonNm0KATHERINE D GRIMM OFFICER
IRS990EZ/BooksInCareOfDetail/PhoneNum04806503916
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02632 HIGHLAND MEADOWS WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VIRGINIA BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023456
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010041
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-10041
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06395
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010041
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt04646
IRS990EZ/GrossReceiptsAmt01000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010041
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010041
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHERINE D GRIMM OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILSON B GEORGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN F GEORGE II
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHN F GEORGE III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEFF G NICHOLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JOSH LEMBESIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherRevenueTotalAmt01000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SCHOLARSHIP FUNDING FOR INDIVIDUALS TO OBTAIN IMPACTFUL NUTRITIONAL SERVICES, TRAINING, AND EQUIPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BENEIFTS PAID TO INDIVIDUALS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04646
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011041
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011041
IRS990EZ/TotalProgramServiceExpensesAmt011041
IRS990EZ/TotalRevenueAmt01000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01000
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/Total509Grp/TotalAmt01000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01000
IRS990ScheduleN/AssetsDistributedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0false
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0DISSOLUTION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-12-31
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DONATIONS 1,000 TOTAL 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDE SCHOLARSHIP FUNDING FOR INDIVIDUALS TO OBTAIN IMPACTFUL NUTRITIONAL SERVICES, TRAINING, AND EQUIPMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHERINE D GRIMM OFFICER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04806503916
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT LYCEUM INC
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0871372170
ReturnHeader/Filer/PhoneNum04806503916
ReturnHeader/Filer/USAddress/AddressLine1Txt02632 HIGHLAND MEADOWS WAY
ReturnHeader/Filer/USAddress/CityNm0VIRGINIA BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023456
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0932421574
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCGOVERN & SIKES CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09964 MANSFIELD RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KEITHVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071047
ReturnHeader/PreparerPersonGrp/PhoneNum03186864444
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DR HELEN B SIKES CPA CMA CGMA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-06-22T14:36:48-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHERINE D
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GRIMM
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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