Civic Intelligence

Outreach Technology Inc.

990 • Fiscal year 2022 • EIN 06-1588903

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 27, 2022

Organization ProfileN/A
6742 Bedford AveLos Angeles, CA 90056

(310) 980-1771

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2021

Net Assets

Down

-$900

Down $350 (-64%) from 2021

Liabilities

Up

$900

Up $350 (+64%) from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2021

Expenses

Down

$350

Down $200 (-36%) from 2021

Net Income

Up

-$350

Up $200 (+36%) from 2021

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0-$20KAssets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $550Net Assets 2021: -$5502021Assets 2022: $0Liabilities 2022: $900Net Assets 2022: -$9002022Assets 2023: $48,400Liabilities 2023: $23,571Net Assets 2023: $24,8292023Assets 2024: $24,829Liabilities 2024: $0Net Assets 2024: $24,8292024

Highlighted filing

2022

Assets$0
Liabilities$900
Net Assets-$900
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $550Net Income 2021: -$5502021Revenue 2022: $0Expenses 2022: $350Net Income 2022: -$3502022Revenue 2023: $86,875Expenses 2023: $61,146Net Income 2023: $25,7292023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2022

Revenue$0
Expenses$350
Net Income-$350
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 27, 2022
Return Version
2021v4.1
Gross Receipts
$0
Mission and Program Overview

Mission

Outreach technology empowers the unemployed, the homeless youth in developing countries and help them help themselves by providing self-paced information technology, academic training and certification to enable them to be gainfully employed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-550$-900▼ $350
Total Assets$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$550$900▲ $350
Total Liabilities$550$900▲ $350
Net Assets / Fund Balance
Total Net Assets Fund Balance$-550$-900▼ $350
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Dagnachew TeshomePresident
Demissie AlemayehuBoard Member
Getachew Begashaw PhdBoard Member
Hanna CheruSecretary
Dagnachew TeshomeTresurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$350
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$350$0$0$350
Total Functional Expenses$350$0$0$350
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Outreach Technology Inc
EIN
06-1588903
Phone
3109801771
Address
6742 BEDFORD AVE, LOS ANGELES, CA 90056

Signing Officer

Name
Dagnachew Teshome
Title
President
Phone
3109801771
Signed
2022-10-27

Organization Details

Principal Officer
Dagnachew Teshome
Formed
2019
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Hd Hunt
Address
6242 WESTCHESTER PKWY STE 250, LOS ANGELES, CA 90045
Preparer
Herschell Davis Hunt
Phone
3106778148
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Form 990 is reviewed by the governing body before it is filed.Form 990 is prepared by an outside tax preparer who will submit it to the one of the officers. Then the governing body reviews the return and if approved one of the officers will sign it and mail it.”

Pt VI, Line 12C

“The organization monitors and enforces compliance with the conflict of interest policy. No checks are mailed until approved by at least two of the governing body. Hiring new employee and giving raise has to be approved by the governing body.”

Pt VI, Line 15A

“Any of the organization's CEO, Top Management Official of the organization's compensation has to be approved by the governing body. Any such compensation may be received as the board may determine by resolution to be just and reasonable as to the organization at the time that the resolution is adopted.”

Pt VI, Line 15B

“If a key employee needs to be compensated,it will have to be approved by the members of the board and the compensation will have to be a reasonalble amount.”

Pt VI, Line 19

“The organization makes its records available for inspection by directors. Every Director shall have the absolute right at any reasonable time to inspect the organization's books records and documents of every kind.”

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by the governing body before it is filed.Form 990 is prepared by an outside tax preparer who will submit it to the one of the officers. Then the governing body reviews the return and if approved one of the officers will sign it and mail it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization monitors and enforces compliance with the conflict of interest policy. No checks are mailed until approved by at least two of the governing body. Hiring new employee and giving raise has to be approved by the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any of the organization's CEO, Top Management Official of the organization's compensation has to be approved by the governing body. Any such compensation may be received as the board may determine by resolution to be just and reasonable as to the organization at the time that the resolution is adopted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3If a key employee needs to be compensated,it will have to be approved by the members of the board and the compensation will have to be a reasonalble amount.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its records available for inspection by directors. Every Director shall have the absolute right at any reasonable time to inspect the organization's books records and documents of every kind.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAGNACHEW TESHOME
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03109801771
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-27
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ReturnHeader/Filer/EIN0061588903
ReturnHeader/Filer/PhoneNum03109801771
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HERSCHELL DAVIS HUNT
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-10-27T16:51:57-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAGNACHEW
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TESHOME
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$900
Net assets
-$900
Revenue
$0
Expenses
$350
Net income
-$350
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$0.00$24.8$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$48.4$23.6$24.8$86.9$61.1$25.7
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.90$0.90$0.00$0.35$0.35
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.55$0.55$0.00$0.55$0.55
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00