Civic Intelligence

Verve Forever Foundation

990EZ • Fiscal year 2023 • EIN 93-2906560

Aug 05, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

Organization ProfileWWW.VERVEFOREVERFOUNDATION.ORG
440 Rolling Hills DrAledo, TX 76008

(817) 308-5476

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

41st percentile

0.9%

Higher net margin than 41% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$590

No earlier filing loaded for comparison.

Net Assets

$590

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin41st percentile

Revenue

$62,275

No earlier filing loaded for comparison.

Expenses

$61,685

No earlier filing loaded for comparison.

Net Income

$590

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$600$400$200$0Assets 2023: $590Net Assets 2023: $5902023

Highlighted filing

2023

Assets$590
Liabilities-
Net Assets$590
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$80K$60K$40K$20K$0Revenue 2023: $62,275Expenses 2023: $61,685Net Income 2023: $5902023

Highlighted filing

2023

Revenue$62,275
Expenses$61,685
Net Income$590
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Aug 5, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.1
Gross Receipts
$62,275
Mission and Program Overview

Mission

Support veterans and families who need assistance

Program Services

DescriptionGrantsExpenses
CELEBRITY SOFTBALL CLASSIC IS AN ANNUAL EVENT HOSTED TO RAISE FUNDS FOR VARIOUS CHARITIES IN SUPPORT OF THE MISSION. ROUGHLY 1000 VETERANS AND 15 VETERAN ORGANIZATIONS WERE IMPACTED$450,000$150,000
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIMOTHY J KLUNDDirectorPT$0--
MICHAEL BLUMDirectorPT$0--
KIRAN RAJBHANDARYDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Verve Forever Foundation
EIN
93-2906560
Phone
8173085476
Address
440 ROLLING HILLS DR, Aledo, TX 76008

Signing Officer

Name
Timothy Klund
Title
Director
Phone
8173085476
Signed
2024-11-04
Discuss with paid preparer
Yes

Preparer

Firm
Green Tax and Business Advisors
Address
16373 Braeburn Ridge Trail, Delray Beach, FL 33446
Preparer
Jessica B Green
Phone
2145610474
Supplemental Narrative

Additional Explanations

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

“Supplies 10,360”

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

“DONATED SUPPLIES 10,100”

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

“BANK CHARGES 404”

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

“ADVERTISING 4,853”

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

“AUTO 1,391”

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

“MEALS-VOLUNTEERS 3,035”

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

“POSTAGE 662”

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

“SUBSCRIPTIONS 500”

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

“INSURANCE 1,841”

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

“Travel and meetings 4,472”

Raw XML Appendix150 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/PersonNm0TIMOTHY KLUND
IRS990EZ/BooksInCareOfDetail/PhoneNum08173085476
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0440 ROLLING HILLS DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ALEDO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076008
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0590
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt062275
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0590
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt019400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0590
IRS990EZ/GrossReceiptsAmt062275
IRS990EZ/GroupExemptionNum09999
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LoansToFromOfficersAmt05100
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0590
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0590
IRS990EZ/OccupancyRentUtltsAndMaintAmt04667
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIMOTHY J KLUND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL BLUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KIRAN RAJBHANDARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt037618
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORT VETERANS AND FAMILIES WHO NEED ASSISTANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CELEBRITY SOFTBALL CLASSIC IS AN ANNUAL EVENT HOSTED TO RAISE FUNDS FOR VARIOUS CHARITIES IN SUPPORT OF THE MISSION. ROUGHLY 1000 VETERANS AND 15 VETERAN ORGANIZATIONS WERE IMPACTED
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0450000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0150000
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt061685
IRS990EZ/TotalProgramServiceExpensesAmt0150000
IRS990EZ/TotalRevenueAmt062275
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.VERVEFOREVERFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt062275
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt062275
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt062275
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt062275
IRS990ScheduleA/Total509Grp/TotalAmt062275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt062275
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt062275
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
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0STARTUP EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05100
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0TIMOTHY KLUND
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR / ORGANIZER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 10,360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DONATED SUPPLIES 10,100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES 404
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADVERTISING 4,853
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AUTO 1,391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEALS-VOLUNTEERS 3,035
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6POSTAGE 662
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SUBSCRIPTIONS 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INSURANCE 1,841
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TRAVEL AND MEETINGS 4,472
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Timothy Klund
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08173085476
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Verve Forever Foundation
ReturnHeader/Filer/BusinessNameControlTxt0VERV
ReturnHeader/Filer/EIN0932906560
ReturnHeader/Filer/PhoneNum08173085476
ReturnHeader/Filer/USAddress/AddressLine1Txt0440 ROLLING HILLS DR
ReturnHeader/Filer/USAddress/CityNm0Aledo
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076008
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0874261728
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Green Tax and Business Advisors
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016373 Braeburn Ridge Trail
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Delray Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033446
ReturnHeader/PreparerPersonGrp/PhoneNum02145610474
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jessica B Green
ReturnHeader/ReturnTs02024-11-04T09:43:44-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-08-05
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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.

Open filing
Assets
$590
Liabilities
-
Net assets
$590
Revenue
$62,275
Expenses
$61,685
Net income
$590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.59$0.59$62.3$61.7$0.59