Civic Intelligence

Lead Inc

990 • Fiscal year 2023 • EIN 06-1820196

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

1266 West Paces Ferry Rd Suite 429Atlanta, GA 30327

(404) 662-2538

Siviq Scores

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

Liabilities / Assets

70th percentile

0.23x

Higher debt load relative to assets than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

53rd percentile

0.10x

Higher debt load relative to revenue than 53% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

25th percentile

-8.2%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

75th percentile

$120,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

10th percentile

-15%

Faster asset growth than 10% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-17%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$666,995

Down $115,151 (-15%) from 2022

Net Assets

Down

$515,411

Down $92,839 (-15%) from 2022

Liabilities

Down

$151,584

Down $22,312 (-13%) from 2022

Revenue

Down

$1,495,797

Down $313,229 (-17%) from 2022

Expenses

Up

$1,618,103

Up $94,133 (+6.2%) from 2022

Net Income

Down

-$122,306

Down $407,362 (-143%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $34,182Liabilities 2010: $0Net Assets 2010: $34,1822010Assets 2011: $41,941Liabilities 2011: $0Net Assets 2011: $41,9412011Assets 2012: $56,529Liabilities 2012: $0Net Assets 2012: $56,5292012Assets 2013: $105,300Liabilities 2013: $0Net Assets 2013: $105,3002013Assets 2014: $149,759Liabilities 2014: $0Net Assets 2014: $149,7592014Assets 2015: $102,462Liabilities 2015: $0Net Assets 2015: $102,4622015Assets 2016: $171,415Liabilities 2016: $0Net Assets 2016: $171,4152016Assets 2017: $260,845Liabilities 2017: $100,000Net Assets 2017: $160,8452017Assets 2018: $318,298Liabilities 2018: $50,143Net Assets 2018: $268,1552018Assets 2019: $289,854Liabilities 2019: $0Net Assets 2019: $289,8542019Assets 2020: $410,670Liabilities 2020: $176,984Net Assets 2020: $233,6862020Assets 2021: $497,869Liabilities 2021: $174,675Net Assets 2021: $323,1942021Assets 2022: $782,146Liabilities 2022: $173,896Net Assets 2022: $608,2502022Assets 2023: $666,995Liabilities 2023: $151,584Net Assets 2023: $515,4112023Assets 2024: $806,506Liabilities 2024: $227,812Net Assets 2024: $578,6942024

Highlighted filing

2023

Assets$666,995
Liabilities$151,584
Net Assets$515,411

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $135,233Expenses 2010: $141,481Net Income 2010: -$6,2482010Revenue 2011: $179,069Expenses 2011: $171,310Net Income 2011: $7,7592011Revenue 2012: $160,316Expenses 2012: $168,361Net Income 2012: -$8,0452012Revenue 2013: $229,085Expenses 2013: $180,314Net Income 2013: $48,7712013Revenue 2014: $329,404Expenses 2014: $285,879Net Income 2014: $43,5252014Revenue 2015: $302,298Expenses 2015: $348,661Net Income 2015: -$46,3632015Revenue 2016: $440,039Expenses 2016: $371,086Net Income 2016: $68,9532016Revenue 2017: $454,909Expenses 2017: $462,069Net Income 2017: -$7,1602017Revenue 2018: $578,633Expenses 2018: $471,323Net Income 2018: $107,3102018Revenue 2019: $602,561Expenses 2019: $580,862Net Income 2019: $21,6992019Revenue 2020: $762,769Expenses 2020: $818,937Net Income 2020: -$56,1682020Revenue 2021: $1,099,956Expenses 2021: $1,010,449Net Income 2021: $89,5072021Revenue 2022: $1,809,026Expenses 2022: $1,523,970Net Income 2022: $285,0562022Revenue 2023: $1,495,797Expenses 2023: $1,618,103Net Income 2023: -$122,3062023Revenue 2024: $1,728,049Expenses 2024: $1,634,109Net Income 2024: $93,9402024

Highlighted filing

2023

Revenue$1,495,797
Expenses$1,618,103
Net Income-$122,306
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$1,496,022
Mission and Program Overview

Mission

To empower an at-risk generation to lead and transform their city by using the sport of baseball to teach black boys how to overcome three curveballs that threaten their success: crime, poverty, and racism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$730,765$628,459▼ $102,306
Rtn Earn Endowment Incm Other Fnds$608,250$515,411▼ $92,839
Land, Buildings, and Equipment, Net$51,381$38,536▼ $12,845
Total Assets$782,146$666,995▼ $115,151
Liabilities
Unsecured Notes Loans Payable$152,208$143,234▼ $8,974
Other Liabilities$21,123$8,350▼ $12,773
Accounts Payable and Accrued Expenses$565--
Total Liabilities$173,896$151,584▼ $22,312
Net Assets / Fund Balance
Total Net Assets Fund Balance$608,250$515,411▼ $92,839
Total Liabilities and Net Assets / Fund Balance$782,146$666,995▼ $115,151

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$38,536$25,690$64,226
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kelli StewartExecutive DiFT$120,000$120,000
Corteney StewartPresident &FT$100,000$100,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,493,219
Program Service Revenue
$0
Investment Income
$24
Other Revenue
$2,554
All Other Contributions
$1,493,219
Change in Net Assets
$-122,306

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,495,797
Total Revenue per Audited Statements
$1,495,797
Total Revenue per Form 990
$1,495,797
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,118,520
Salaries, Compensation, and Employee Benefits$499,583
Total Fundraising Expense$46,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$212,078$67,505-$279,583
Current Officers, Directors, Trustees, and Key Employees$195,000$25,000-$220,000
Fees for Services Other$98,382$73,420-$171,802
All Other Expenses$74,366$11,582$46,194$132,142
Other Expenses$108,287$33,680-$108,287
Occupancy$77,080$1,000-$78,080
Insurance-$71,461-$71,461
Advertising$14,630--$14,630
Depreciation Depletion$12,845--$12,845
Total Functional Expenses$1,047,263$524,646$46,194$1,618,103

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,618,103
Total Expenses per Audited Statements$1,618,103
Total Expenses per Form 990$1,618,103
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,779
Fundraising Direct Expenses$225
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards & Other Payables$8,350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

The board of director assist with monitoring any conflict of interest and maintain compliance over the coi policy.

Form 990, Page 6, Part VI, Line 15A

The board of directors reviews and approve key employees compensation.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Lead Inc
EIN
06-1820196
Phone
4046622538
Address
1266 WEST PACES FERRY RD SUITE 429, ATLANTA, GA 30327

Signing Officer

Name
Kelli Stewart
Title
Executive Director
Phone
4046622538
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelli Stewart
Formed
2007
Legal Domicile
Ga
Voting Board Members
12
Independent Board Members
12
Employees
11
Volunteers
30

Preparer

Firm
Melissa D Preston CPA Pc
Address
50 HURT PLAZA SUITE 1438, ATLANTA, GA 30303
Preparer
Melissa Preston
Phone
4042145007
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To empower an at-risk generation to lead and transform their city by using the sport of baseball to teach black boys how to overcome three curveballs that threaten their success: crime, poverty, and racism.

Form 990, Part IX, Line 11G

Professional services 98,382 73,420 0

Form 990, Part XI, Line 9

FUNDRAISING EXPENSES 0

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

FUNDRAISING EXPENSES 0

Raw XML Appendix387 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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IRS990/PYRevenuesLessExpensesAmt0285056
IRS990/PYSalariesCompEmpBnftPaidAmt0401837
IRS990/PYTotalExpensesAmt01523970
IRS990/PYTotalRevenueAmt01809026
IRS990/ReconcilationRevenueExpnssAmt0-122306
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0608250
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0515411
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01493219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01771884
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03265103
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt039945
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89630
IRS990ScheduleA/PublicSupportPY170Pct00.69430
IRS990ScheduleA/PublicSupportTotal170Amt02926428
IRS990ScheduleA/SubstantialContributorsTotAmt0338675
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01493219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01771884
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03265103
IRS990ScheduleA/TotalSupportAmt03265103
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt038536
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025690
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt064226
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS & OTHER PAYABLES
IRS990ScheduleD/RevenueSubtotalAmt01495797
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt038536
IRS990ScheduleD/TotalExpensesPerForm990Amt01618103
IRS990ScheduleD/TotalLiabilityAmt08350
IRS990ScheduleD/TotalRevenuePerForm990Amt01495797
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01495797
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01618103
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO EMPOWER AN AT-RISK GENERATION TO LEAD AND TRANSFORM THEIR CITY BY USING THE SPORT OF BASEBALL TO TEACH BLACK BOYS HOW TO OVERCOME THREE CURVEBALLS THAT THREATEN THEIR SUCCESS: CRIME, POVERTY, AND RACISM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTOR ASSIST WITH MONITORING ANY CONFLICT OF INTEREST AND MAINTAIN COMPLIANCE OVER THE COI POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS AND APPROVE KEY EMPLOYEES COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL SERVICES 98,382 73,420 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FUNDRAISING EXPENSES 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0782146
IRS990/TotalAssetsEOYAmt0666995
IRS990/TotalAssetsGrp/BOYAmt0782146
IRS990/TotalAssetsGrp/EOYAmt0666995
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01493219
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt046194
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0524646
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01047263
IRS990/TotalFunctionalExpensesGrp/TotalAmt01618103
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0173896
IRS990/TotalLiabilitiesEOYAmt0151584
IRS990/TotalLiabilitiesGrp/BOYAmt0173896
IRS990/TotalLiabilitiesGrp/EOYAmt0151584
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0608250
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0515411
IRS990/TotalOtherProgSrvcExpenseAmt0224923
IRS990/TotalProgramServiceExpensesAmt01047263
IRS990/TotalReportableCompFromOrgAmt0220000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt024
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01495797
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0782146
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0666995
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0152208
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0143234
IRS990/USAddress/AddressLine1Txt01266 WEST PACES FERRY RD SUITE 429
IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030327
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLI STEWART
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIR.
ReturnHeader/BusinessOfficerGrp/PhoneNum04046622538
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEAD INC
ReturnHeader/Filer/BusinessNameControlTxt0LEAD
ReturnHeader/Filer/EIN0061820196
ReturnHeader/Filer/PhoneNum04046622538
ReturnHeader/Filer/USAddress/AddressLine1Txt01266 WEST PACES FERRY RD SUITE 429
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030327
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030452982
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MELISSA D PRESTON CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 HURT PLAZA SUITE 1438
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030303
ReturnHeader/PreparerPersonGrp/PhoneNum04042145007
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELISSA PRESTON
ReturnHeader/ReturnTs02024-05-15T18:10:45-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KELLI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STEWART
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.23$0.58$1.73$1.63$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.67$0.15$0.52$1.50$1.62$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.17$0.61$1.81$1.52$0.29
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.17$0.32$1.10$1.01$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.18$0.23$0.76$0.82$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.60$0.58$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.32$0.05$0.27$0.58$0.47$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.10$0.16$0.45$0.46$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.44$0.37$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.30$0.35$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.33$0.29$0.04
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.11$0.00$0.11$0.23$0.18$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.16$0.17$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.18$0.17$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.14$0.14$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits