Civic Intelligence

Third World Press Foundation Inc.

990EZ • Fiscal year 2020 • EIN 01-0650121

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 23, 2021

Organization Profile
7822 South DobsonChicago, IL 60619

(773) 651-0700

Siviq Scores

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

Liabilities / Assets

91st percentile

0.68x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

1.35x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

12th percentile

-56%

Higher net margin than 12% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$14,652

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

81st percentile

54%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-54%

Faster revenue growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$110,204

Up $38,612 (+54%) from 2019

Net Assets

$34,804

No earlier filing loaded for comparison.

Liabilities

Up

$75,400

Up $60,400 (+403%) from 2019

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin12th percentile

Revenue

Down

$55,887

Down $65,859 (-54%) from 2019

Expenses

Down

$87,346

Down $35,430 (-29%) from 2019

Net Income

Down

-$31,459

Down $30,429 (-2954%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$150K$100K$50K$0Assets 2010: $35,694Liabilities 2010: $43,2832010Assets 2011: $70,072Liabilities 2011: $75,6822011Assets 2015: $72,532Liabilities 2015: $89,5712015Assets 2019: $71,592Liabilities 2019: $15,0002019Assets 2020: $110,204Liabilities 2020: $75,400Net Assets 2020: $34,8042020Assets 2021: $73,685Liabilities 2021: $70,600Net Assets 2021: $3,0852021Assets 2022: $141,036Liabilities 2022: $70,600Net Assets 2022: $70,4362022Assets 2023: $117,369Liabilities 2023: $66,390Net Assets 2023: $50,9792023Assets 2024: $60,474Liabilities 2024: $60,400Net Assets 2024: $742024

Highlighted filing

2020

Assets$110,204
Liabilities$75,400
Net Assets$34,804
Open 2020 Filing

Operations Trend

Revenue Growth20th percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $44,618Expenses 2010: $44,856Net Income 2010: -$2382010Revenue 2011: $126,849Expenses 2011: $31,665Net Income 2011: $95,1842011Revenue 2015: $48,395Expenses 2015: $58,489Net Income 2015: -$10,0942015Revenue 2019: $121,746Expenses 2019: $122,776Net Income 2019: -$1,0302019Revenue 2020: $55,887Expenses 2020: $87,346Net Income 2020: -$31,4592020Revenue 2021: $137,922Expenses 2021: $168,517Net Income 2021: -$30,5952021Revenue 2022: $174,625Expenses 2022: $158,434Net Income 2022: $16,1912022Revenue 2023: $263,842Expenses 2023: $259,218Net Income 2023: $4,6242023Revenue 2024: $197,032Expenses 2024: $217,700Net Income 2024: -$20,6682024

Highlighted filing

2020

Revenue$55,887
Expenses$87,346
Net Income-$31,459
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 23, 2021
Return Version
2020v4.0
Gross Receipts
$97,157
Mission and Program Overview

Mission

1. Prison Literature Program. 2. Aiding and building culturally specific libraries. 3. Supporting literacy programs.4 Provide publishing opportunities to emerging and establish writers.

Program Services

DescriptionGrantsExpenses
Prison Literacy Program, Gwendolyn Brooks Writers House$0$0
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rose PerkinsTreasurerPT$14,652-$14,652
Haki MadhubutiChairmain-$0--
Michael SimangaPublisherPT$0--
Lasana KazembeDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Third World Press Foundation Inc
EIN
01-0650121
Phone
7736510700
Address
7822 South Dobson, Chicago, IL 60619

Signing Officer

Name
Haki Madhubuti
Title
Owner
Phone
7736510700
Signed
2021-08-23
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Contributions $600 . Dues And Subscription $415. Advertising $70. Website $1857. Miscellaneous $3200. Telephone $5460. Security $353. Payroll $98. Taxes $11809”

Form 990-EZ, Part I, Line 20

“Retained Earnings”

Form 990-EZ, Part II, Line 24

“Inventory”

Form 990-EZ, Part II, Line 26

“Rent owe To Betty Shabazz School. $15000. Loan Due to SBA $60400”

Raw XML Appendix199 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.

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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt01. Prison Literature Program. 2. Aiding and building culturally specific libraries. 3. Supporting literacy programs.4 Provide publishing opportunities to emerging and establish writers.
IRS990EZ/PrintingPublicationsPostageAmt0652
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Contributions $600 . Dues And Subscription $415. Advertising $70. Website $1857. Miscellaneous $3200. Telephone $5460. Security $353. Payroll $98. Taxes $11809
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Retained Earnings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Inventory
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Rent owe To Betty Shabazz School. $15000. Loan Due to SBA $60400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0We filed on time by mailing August. Before we asked for an extension. But we received an letter stating although we filed on time by mail, the IRS will on accept filing via electronics. The letter was dated 11/30/2021. This is the first time received a letter stating the IRS will no longer accept mail filing after July 31st 2021.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Haki Madhubuti
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Owner
ReturnHeader/BusinessOfficerGrp/PhoneNum07736510700
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THIRD WORLD PRESS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0THIR
ReturnHeader/Filer/EIN0010650121
ReturnHeader/Filer/PhoneNum07736510700
ReturnHeader/Filer/USAddress/AddressLine1Txt07822 South Dobson
ReturnHeader/Filer/USAddress/CityNm0Chicago
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ReturnHeader/Filer/USAddress/ZIPCd060619
ReturnHeader/ReturnTs02021-12-07T12:06:03-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$110,204
Liabilities
$75,400
Net assets
$34,804
Revenue
$55,887
Expenses
$87,346
Net income
-$31,459
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.60$0.00$1.97$2.18$0.21
2023Detailed filing. Detailed filing data is available for this year.$1.17$0.66$0.51$2.64$2.59$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.41$0.71$0.70$1.75$1.58$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.71$0.03$1.38$1.69$0.31
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.75$0.35$0.56$0.87$0.31
2019Summary only. Only limited summary data is available for this year.$0.72$0.15$1.22$1.23$0.01
2015Summary only. Only limited summary data is available for this year.$0.73$0.90$0.48$0.58$0.10
2011Summary only. Only limited summary data is available for this year.$0.70$0.76$1.27$0.32$0.95
2010Summary only. Only limited summary data is available for this year.$0.36$0.43$0.45$0.45$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits