Civic Intelligence

Insourcing

990EZ • Fiscal year 2022 • EIN 26-0512900

Jan 01, 2022 to Dec 31, 2022 • Filed on Dec 05, 2023

4451 Cherry Valley TurnpikeLafayette, NY 13084

(315) 243-6865

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.84x

Higher debt load relative to assets than 93% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

1.76x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

29th percentile

-7.7%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

78th percentile

$500

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

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

Asset Growth

97th percentile

407%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

77th percentile

62%

Faster revenue growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$266,542

Up $213,936 (+407%) from 2021

Net Assets

Down

$42,805

Down $9,801 (-19%) from 2021

Liabilities

Up

$223,737

Up $223,737 from 2021

Revenue

Up

$126,897

Up $48,597 (+62%) from 2021

Expenses

Up

$136,698

Up $99,630 (+269%) from 2021

Net Income

Down

-$9,801

Down $51,033 (-124%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $36,211Liabilities 2020: $0Net Assets 2020: $36,2112020Assets 2021: $52,606Liabilities 2021: $0Net Assets 2021: $52,6062021Assets 2022: $266,542Liabilities 2022: $223,737Net Assets 2022: $42,8052022Assets 2023: $272,456Liabilities 2023: $276,915Net Assets 2023: -$4,4592023Assets 2024: $40,484Liabilities 2024: $0Net Assets 2024: $40,4842024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2022

Assets$266,542
Liabilities$223,737
Net Assets$42,805

Operations Trend

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

$200K$100K$0-$100KRevenue 2019: $23,898Expenses 2019: $23,898Net Income 2019: $02019Revenue 2020: $42,714Expenses 2020: $33,967Net Income 2020: $8,7472020Revenue 2021: $78,300Expenses 2021: $37,068Net Income 2021: $41,2322021Revenue 2022: $126,897Expenses 2022: $136,698Net Income 2022: -$9,8012022Revenue 2023: $66,513Expenses 2023: $113,777Net Income 2023: -$47,2642023Revenue 2024: $193,179Expenses 2024: $148,236Net Income 2024: $44,9432024Revenue 2025: $0Expenses 2025: $40,484Net Income 2025: -$40,4842025

Highlighted filing

2022

Revenue$126,897
Expenses$136,698
Net Income-$9,801
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Dec 5, 2023
Return Version
2022v5.0
Gross Receipts
$126,897
Mission and Program Overview

Mission

The purpose of the corporation is to increase opportunity, alleviate poverty, develop and retain jobs in the community, and stimulate economic development and community revitalization in an economically distressed urban area and surroundings, by providing entrepreneurial, business, and as appropriate, employment and job skill training, physical and virtual incubation and equipment; information, expertise, and education needed to develop business and entrepreneurial skills; consultation, mentoring, and training; and other activities furtherance of these activities and purposes, including aid in obtaining low interest loans, MWBE certification, and to do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit or financial gain of its members, directors, or officers except as permitted under the Not-for-Profit Corporation Law or federal law and regulation,

The purpose of the corporation is to increase opportunity, alleviate poverty, develop and retain jobs in the community, and stimulate economic development and community revitalization in an economically distressed urban area and surroundings, by providing entrepreneurial, business, and as appropriate, employement and job skill training, physical and virtual incubation and equipment; information, expertise, and education needed to develop business and entrepreneurial skills; consulation, mentoring, and training; and other activities furtherance of these activities and purposes, including aid in obtaining low interest loans, mwbe certification, and to do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit or financial gain of its members, directors, or officers except as permitted under the not-for-profit corporation law or federal law and regulation.

Program Services

DescriptionGrantsExpenses
LICENSE OFFICES AND CO-WORKING SPACES AT THEIR FACILITY.$0$116,193
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN KUUSISTOBoard Member-$500-$500
ROBERT HERZPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Insourcing
EIN
26-0512900
Phone
3152436865
Address
4451 CHERRY VALLEY TURNPIKE, LAFAYETTE, NY 13084

Signing Officer

Name
Sally Berry
Title
Director
Phone
3152436865
Signed
2023-12-05
Discuss with paid preparer
Yes

Preparer

Firm
Dermody Burke & Brown Cpas LLC
Address
443 N FRANKLIN ST STE 100, SYRACUSE, NY 13204-1441
Preparer
Thomas Palmer
Phone
3154719171
Supplemental Narrative

Additional Explanations

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

Description: credit card charges. Amount: 13,645. Description: surveys. Amount: 550. Description: building purchase. Amount: 35. Description: permits & inspections. Amount: 523. Description: moving expenses. Amount: 2,725. Description: books. Amount: 14. Description: miscellaneous. Amount: 1,094. Description: computers & it. Amount: 6,086. Description: meals. Amount: 4. Description: insurance. Amount: 7,086. Description: office expenses. Amount: 1,777. Description: travel. Amount: 1,198. Description: taxes and licenses. Amount: 9,993. Description: depreciation. Amount: 6,130. Description: amortization. Amount: 1,189. Description: interest expense. Amount: 10,233. Total to form 990-ez, line 16: 62,282.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: mortgage. Beg. Of year amount: 0. End of year amount: 197,551. Description: line of credit. Beg. Of year amount: 0. End of year amount: 26,186.

Raw XML Appendix156 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/PhoneNum03152436865
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAFAYETTE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd013084
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt0262705
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt052606
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt042805
IRS990EZ/OccupancyRentUtltsAndMaintAmt063916
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt130.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEPHEN KUUSISTO
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt062282
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE CORPORATION IS TO INCREASE OPPORTUNITY, ALLEVIATE POVERTY, DEVELOP AND RETAIN JOBS IN THE COMMUNITY, AND STIMULATE ECONOMIC DEVELOPMENT AND COMMUNITY REVITALIZATION IN AN ECONOMICALLY DISTRESSED URBAN AREA AND SURROUNDINGS, BY PROVIDING ENTREPRENEURIAL, BUSINESS, AND AS APPROPRIATE, EMPLOYEMENT AND JOB SKILL TRAINING, PHYSICAL AND VIRTUAL INCUBATION AND EQUIPMENT; INFORMATION, EXPERTISE, AND EDUCATION NEEDED TO DEVELOP BUSINESS AND ENTREPRENEURIAL SKILLS; CONSULATION, MENTORING, AND TRAINING; AND OTHER ACTIVITIES FURTHERANCE OF THESE ACTIVITIES AND PURPOSES, INCLUDING AID IN OBTAINING LOW INTEREST LOANS, MWBE CERTIFICATION, AND TO DO ANY OTHER ACT OR THING INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF, BUT NOT FOR THE PECUNIARY PROFIT OR FINANCIAL GAIN OF ITS MEMBERS, DIRECTORS, OR OFFICERS EXCEPT AS PERMITTED UNDER THE NOT-FOR-PROFIT CORPORATION LAW OR FEDERAL LAW AND REGULATION.
IRS990EZ/ProgramServiceRevenueAmt0126897
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LICENSE OFFICES AND CO-WORKING SPACES AT THEIR FACILITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0116193
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt0500
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt0126897
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://INSOURCINGWORKS.NET
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06814
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt07500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt028840
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt040140
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91530
IRS990ScheduleA/PublicSupportTotal509Amt0270135
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt015000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt025000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt015000
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt025000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt020305
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CREDIT CARD CHARGES. AMOUNT: 13,645. DESCRIPTION: SURVEYS. AMOUNT: 550. DESCRIPTION: BUILDING PURCHASE. AMOUNT: 35. DESCRIPTION: PERMITS & INSPECTIONS. AMOUNT: 523. DESCRIPTION: MOVING EXPENSES. AMOUNT: 2,725. DESCRIPTION: BOOKS. AMOUNT: 14. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,094. DESCRIPTION: COMPUTERS & IT. AMOUNT: 6,086. DESCRIPTION: MEALS. AMOUNT: 4. DESCRIPTION: INSURANCE. AMOUNT: 7,086. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,777. DESCRIPTION: TRAVEL. AMOUNT: 1,198. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 9,993. DESCRIPTION: DEPRECIATION. AMOUNT: 6,130. DESCRIPTION: AMORTIZATION. AMOUNT: 1,189. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 10,233. TOTAL TO FORM 990-EZ, LINE 16: 62,282.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MORTGAGE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 197,551. DESCRIPTION: LINE OF CREDIT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 26,186.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SALLY BERRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03152436865
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INSOURCING
ReturnHeader/Filer/BusinessNameControlTxt0INSO
ReturnHeader/Filer/EIN0260512900
ReturnHeader/Filer/PhoneNum03152436865
ReturnHeader/Filer/USAddress/AddressLine1Txt04451 CHERRY VALLEY TURNPIKE
ReturnHeader/Filer/USAddress/CityNm0LAFAYETTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013084
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010723685
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DERMODY BURKE & BROWN CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0443 N FRANKLIN ST STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SYRACUSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0132041441
ReturnHeader/PreparerPersonGrp/PhoneNum03154719171
ReturnHeader/PreparerPersonGrp/PreparationDt02023-12-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS PALMER
ReturnHeader/ReturnTs02023-12-07T09:04:43-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SALLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BERRY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings