Civic Intelligence

Ceai Equity Fund Inc.

990EZ • Fiscal year 2024 • EIN 87-4767474

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 16, 2025

Organization Profile
1237 California AvenueCincinnati, OH 45237

(513) 706-6312

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

2nd percentile

-619%

Higher net margin than 2% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

4th percentile

-91%

Faster asset growth than 4% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-99%

Faster revenue growth than 2% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$954

Down $9,470 (-91%) from 2023

Net Assets

Down

$954

Down $9,470 (-91%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin2nd percentile

Revenue

Down

$1,530

Down $110,555 (-99%) from 2023

Expenses

Down

$11,000

Down $154,634 (-93%) from 2023

Net Income

Up

-$9,470

Up $44,079 (+82%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$80K$60K$40K$20K$0Assets 2022: $63,973Liabilities 2022: $0Net Assets 2022: $63,9732022Assets 2023: $10,424Liabilities 2023: $0Net Assets 2023: $10,4242023Assets 2024: $954Liabilities 2024: $0Net Assets 2024: $9542024

Highlighted filing

2024

Assets$954
Liabilities$0
Net Assets$954
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

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

$200K$100K$0-$100KRevenue 2022: $64,000Expenses 2022: $27Net Income 2022: $63,9732022Revenue 2023: $112,085Expenses 2023: $165,634Net Income 2023: -$53,5492023Revenue 2024: $1,530Expenses 2024: $11,000Net Income 2024: -$9,4702024

Highlighted filing

2024

Revenue$1,530
Expenses$11,000
Net Income-$9,470
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.2
Gross Receipts
$1,530
Mission and Program Overview

Mission

The Equity Fund will invest in projects to launch new businesses, affordable housing, and necessary community services like opening quality grocery stores in "Food Desert" residential areas.

Economic and growth and development of the neighborhood

Program Services

DescriptionGrantsExpenses
Provided grant to the Community Economic Advancement Initiative to support development efforts in Bond Hill.$11,000$11,000
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAMON LYNCHBoard Member-$0--
KZ SMITHBoard Member-$0--
SIL WATKINSPresident-$0--
Filing and Contact Details

Filer

Filer Name
CEAI Equity Fund
EIN
87-4767474
In Care Of
% Sil Watkins
Phone
5137066312
Address
1237 California Avenue, Cincinnati, OH 45237

Signing Officer

Name
Sil Watkins
Title
President
Phone
5134292158
Signed
2025-11-16
Discuss with paid preparer
Yes

Preparer

Firm
THE NET'S EFFECT COMPANY LLC
Address
PO BOX 24, INDEPENDENCE, KY 41051-0024
Preparer
Jacquenita a Jordan
Phone
8889212990
Supplemental Narrative

Additional Explanations

Part I Line 8

“Reimbursement $30.00”

Part I Line 10

“Grants and other assistance to domestic organizations and governments $11000.00”

Raw XML Appendix125 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/PersonNm0SIL WATKINS
IRS990EZ/BooksInCareOfDetail/PhoneNum05134292158
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01237 California Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Cincinnati
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd045237
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010424
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0954
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9470
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010424
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0954
IRS990EZ/GrantsAndSimilarAmountsPaidAmt011000
IRS990EZ/GrossReceiptsAmt01530
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010424
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0954
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010424
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0954
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAMON LYNCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KZ SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SIL WATKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board MEmber
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherRevenueTotalAmt030
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Economic and growth and development of the neighborhood
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided grant to the Community Economic Advancement Initiative to support development efforts in Bond Hill.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt011000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011000
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OH
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011000
IRS990EZ/TotalProgramServiceExpensesAmt011000
IRS990EZ/TotalRevenueAmt01530
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Purpose organized to support economic development projects in the community
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part I
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0112085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt064000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0177585
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0112085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt064000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0177585
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0112085
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt064000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0177585
IRS990ScheduleA/TotalSupportAmt0177585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Reimbursement $30.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Grants and other assistance to domestic organizations and governments $11000.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 10
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SIL WATKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05134292158
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CEAI Equity Fund
ReturnHeader/Filer/BusinessNameControlTxt0CEAI
ReturnHeader/Filer/EIN0874767474
ReturnHeader/Filer/InCareOfNm0% Sil Watkins
ReturnHeader/Filer/PhoneNum05137066312
ReturnHeader/Filer/USAddress/AddressLine1Txt01237 California Avenue
ReturnHeader/Filer/USAddress/CityNm0Cincinnati
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045237
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0900877627
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE NET'S EFFECT COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 24
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDEPENDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0410510024
ReturnHeader/PreparerPersonGrp/PhoneNum08889212990
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACQUENITA A JORDAN
ReturnHeader/ReturnTs02025-11-16T05:42:53-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$954
Liabilities
$0
Net assets
$954
Revenue
$1,530
Expenses
$11,000
Net income
-$9,470
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.02$0.11$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$1.12$1.66$0.54
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.00$0.64$0.64$0.00$0.64
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • <$500k nonprofits