Civic Intelligence

Wrap Inc.

990EZ • Fiscal year 2022 • EIN 88-1193141

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 18, 2023

21275 Stickross Mountain RdTahlequah, OK 74464

(918) 316-8180

Siviq Scores

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

Liabilities / Assets

86th percentile

0.27x

Higher debt load relative to assets than 86% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

0.23x

Higher debt load relative to revenue than 87% of similar nonprofits.

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

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

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

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.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$28,576

No earlier filing loaded for comparison.

Net Assets

$20,984

No earlier filing loaded for comparison.

Liabilities

$7,592

No earlier filing loaded for comparison.

Revenue

$33,319

No earlier filing loaded for comparison.

Expenses

$12,335

No earlier filing loaded for comparison.

Net Income

$20,984

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2022: $28,576Liabilities 2022: $7,592Net Assets 2022: $20,9842022Assets 2023: $438,996Liabilities 2023: $305,949Net Assets 2023: $133,0472023Assets 2024: $742,494Liabilities 2024: $629,345Net Assets 2024: $113,1492024

Highlighted filing

2022

Assets$28,576
Liabilities$7,592
Net Assets$20,984

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2022: $33,319Expenses 2022: $12,335Net Income 2022: $20,9842022Revenue 2023: $615,175Expenses 2023: $500,366Net Income 2023: $114,8092023Revenue 2024: $1,437,414Expenses 2024: $1,457,312Net Income 2024: -$19,8982024

Highlighted filing

2022

Revenue$33,319
Expenses$12,335
Net Income$20,984
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 18, 2023
Return Version
2022v5.0
Gross Receipts
$37,453
Mission and Program Overview

Mission

Educational and charitable purposes

Program Services

DescriptionGrantsExpenses
INCREASE ACCESS TO TRANSPORTATION, HEALTHY FOODS, HEALTHCARE, LITERACY, PROTECTION, CULTURE, PREVENTION, EDUCATION, TRAINING, CAREER DEV, RECOVERY, AND COMMUNITY RESOURCES.$25,500-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TODD RIGGSPresidentPT$0--
DOWER COMBSVice PresidentPT$0--
VAL DOBBINSSecretaryPT$0--
JACK THORPTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Wrap Project Inc
EIN
88-1193141
Address
21275 STICKROSS MOUNTAIN RD, TAHLEQUAH, OK 74464

Signing Officer

Name
Todd Riggs
Title
President
Phone
9182014333
Signed
2023-04-18
Discuss with paid preparer
Yes

Preparer

Firm
Laura Hobbs Windle
Address
401 S Water Ave, TAHLEQUAH, OK 74464
Preparer
Laura Hobbs Windle
Phone
9184564141
Supplemental Narrative

Additional Explanations

Description of other assets Part II line 24

Category beginning of year end of yearprepaid rent 0 2,500rent deposit 0 800

Description of total liabilities Part II line 26

Category beginning of year end of yeartodd riggs loan 0 5,000accounts payable 0 2,592

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/USAddress/StateAbbreviationCd0OK
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd074464
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020984
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InitialReturnInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020984
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03300
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATIONAL AND CHARITABLE PURPOSES
IRS990EZ/PrintingPublicationsPostageAmt09561
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt025500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt04134
IRS990EZ/SpecialEventsNetIncomeLossAmt07019
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07592
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt012335
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt033319
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WRAPPROJECT.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt025500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025500
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.03960
IRS990ScheduleA/PublicSupportTotal170Amt01010
IRS990ScheduleA/SubstantialContributorsTotAmt024490
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt025500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025500
IRS990ScheduleA/TotalSupportAmt025500
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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/ExplanationTxt0CATEGORY BEGINNING OF YEAR END OF YEARPREPAID RENT 0 2,500RENT DEPOSIT 0 800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARTODD RIGGS LOAN 0 5,000ACCOUNTS PAYABLE 0 2,592
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TODD RIGGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09182014333
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WRAP PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0WRAP
ReturnHeader/Filer/EIN0881193141
ReturnHeader/Filer/USAddress/AddressLine1Txt021275 STICKROSS MOUNTAIN RD
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 S Water Ave
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-08-01T13:11:50-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TODD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RIGGS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings