Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
The Epic Foundation Inc
990EZ • Fiscal year 2023 • EIN 87-1671923
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.18x
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
89th percentile
Faster asset growth than 89% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Balance Sheet
Assets
Up$7,163
Up $3,055 (+74%) from 2022
Net Assets
Up$5,883
Up $2,045 (+53%) from 2022
Liabilities
Up$1,280
Up $1,010 (+374%) from 2022
Revenue And Expenses
Revenue
Down$40,235
Down $10,561 (-21%) from 2022
Expenses
Down$36,915
Down $11,948 (-24%) from 2022
Net Income
Up$3,320
Up $1,387 (+72%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Sep 4, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $40,235
Mission and Program Overview
Mission
To help Minority Communities
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The Epic Foundation issued partial scholarships to 4 Universities totaling 13500 | - | $36,915 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Reginald Degraffenreaidt | President | PT | $0 | - | - |
| Shawniese White | Board Secretary | PT | $0 | - | - |
| Rhonda Smith | Board Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Epic Foundation Inc
- EIN
- 87-1671923
- Address
- 911 Faith Ave SE, Atlanta, GA 30316
Signing Officer
- Name
- Reginald Degraffenreaidt
- Title
- President
- Phone
- 6785204939
- Signed
- 2024-09-04
- Discuss with paid preparer
- No
Preparer
- Firm
- Lewis G Cox & Associates LLC
- Address
- 4447 Marietta Street Ste 220, Powder Springs, GA 30127
- Preparer
- Lewis Cox III EA
- Phone
- 4043075967
Supplemental Narrative
Additional Explanations
List of grants and similar amounts paid Part I line 10
“Activity Scholarships Grantee University of Georgia Amount 2,500Activity Scholarships Grantee Mercer University Amount 2,500Activity Scholarships Grantee Jackson State University Amount 2,000Activity Scholarships Grantee Southern University Amount 4,500Activity Scholarship Grantee Alabama A&M Amount 2,000”
Description of other expenses Part I line 16
“Description AmountAdvertising & Marketing 26Accounting Fees 5,599Contractor 2,300Legal Fees 2,290Venue Rental 8,419Bank Fees 16Membership 120Shipping 114Software 4,217Reimbursement Exp 314”
Description of total liabilities Part II line 26
“Category Beginning of Year End of Yearcredit card 270 1,280”
Raw XML Appendix128 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Reginald Degraffenreaidt |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6785204939 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 911 Faith Ave SE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Atlanta |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30316 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2833 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7163 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 40235 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3320 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 2833 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7163 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 13500 |
| IRS990EZ/GrossReceiptsAmt | 0 | 40235 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 2563 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 5883 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 2563 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 5883 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Reginald Degraffenreaidt |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Shawniese White |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Rhonda Smith |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Board Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Board Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 23415 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To help Minority Communities |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The Epic Foundation issued partial scholarships to 4 Universities totaling 13500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 36915 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 270 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1280 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 36915 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 36915 |
| IRS990EZ/TotalRevenueAmt | 0 | 40235 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | theepicfoundation.info |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 40235 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 39785 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 80020 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 80020 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 40235 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 39785 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 80020 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 40235 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 39785 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 80020 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity Scholarships Grantee University of Georgia Amount 2,500Activity Scholarships Grantee Mercer University Amount 2,500Activity Scholarships Grantee Jackson State University Amount 2,000Activity Scholarships Grantee Southern University Amount 4,500Activity Scholarship Grantee Alabama A&M Amount 2,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountAdvertising & Marketing 26Accounting Fees 5,599Contractor 2,300Legal Fees 2,290Venue Rental 8,419Bank Fees 16Membership 120Shipping 114Software 4,217Reimbursement Exp 314 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of Yearcredit card 270 1,280 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Reginald Degraffenreaidt |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6785204939 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-09-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE EPIC FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | EPIC |
| ReturnHeader/Filer/EIN | 0 | 871671923 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 911 Faith Ave SE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Atlanta |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30316 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 364774216 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Lewis G Cox & Associates LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4447 Marietta Street Ste 220 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Powder Springs |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30127 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4043075967 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-10-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Lewis Cox III EA |
| ReturnHeader/ReturnTs | 0 | 2024-10-08T10:52:15-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,163
- Liabilities
- $1,280
- Net assets
- $5,883
- Revenue
- $40,235
- Expenses
- $36,915
- Net income
- $3,320
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.86 | $0.00 | $0.86 | $45.2 | $50.2 | $5.02 |
| 2023Detailed filing. Detailed filing data is available for this year. | $7.16 | $1.28 | $5.88 | $40.2 | $36.9 | $3.32 |
| 2022Detailed filing. Detailed filing data is available for this year. | $4.11 | $0.27 | $3.84 | $50.8 | $48.9 | $1.93 |