Civic Intelligence

Insourcing

990EZ • Fiscal year 2023 • EIN 26-0512900

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 27, 2024

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

95th percentile

1.02x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

4.16x

Higher debt load relative to revenue than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

8th percentile

-71%

Higher net margin than 8% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

53rd percentile

2.2%

Faster asset growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-48%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$272,456

Up $5,914 (+2.2%) from 2022

Net Assets

Down

-$4,459

Down $47,264 (-110%) from 2022

Liabilities

Up

$276,915

Up $53,178 (+24%) from 2022

Revenue

Down

$66,513

Down $60,384 (-48%) from 2022

Expenses

Down

$113,777

Down $22,921 (-17%) from 2022

Net Income

Down

-$47,264

Down $37,463 (-382%) from 2022

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

2023

Assets$272,456
Liabilities$276,915
Net Assets-$4,459

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

2023

Revenue$66,513
Expenses$113,777
Net Income-$47,264
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 27, 2024
Return Version
2023v5.0
Gross Receipts
$66,513
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$113,777
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANCIE MCKENNABoard Member-$0--
STEPHEN KUUSISTOBoard Member-$0--
SALLY BARRYPresidentPT$0--
MARILYN HIGGINSVice President-$0--
JOHN WARRENTreasurer-$0--
NANCY LOWERYSecretary-$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
2024-03-27
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: 15,462. Description: miscellaneous. Amount: 2,256. Description: insurance. Amount: 14,922. Description: office expenses. Amount: 10,742. Description: depreciation. Amount: 9,196. Description: amortization. Amount: 1,784. Description: interest expense. Amount: 18,009. Total to form 990-ez, line 16: 72,371.

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

Description: mortgage. Beg. Of year amount: 197,551. End of year amount: 191,402. Description: line of credit. Beg. Of year amount: 26,186. End of year amount: 28,345. Description: home headquarters loan. Beg. Of year amount: 0. End of year amount: 50,668. Description: nine mile loan. Beg. Of year amount: 0. End of year amount: 6,500.

Raw XML Appendix176 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/USAddress/CityNm0LAFAYETTE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JANCIE MCKENNA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEPHEN KUUSISTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SALLY BARRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARILYN HIGGINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN WARREN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NANCY LOWERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt072371
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/ProgramServiceRevenueAmt066513
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LICENSE OFFICES AND CO-WORKING SPACES AT THEIR FACILITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0113777
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://INSOURCINGWORKS.NET
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt021340
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt040140
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94220
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt05000
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt015000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt020000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt078300
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt040140
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt020305
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt080606
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0346248
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CREDIT CARD CHARGES. AMOUNT: 15,462. DESCRIPTION: MISCELLANEOUS. AMOUNT: 2,256. DESCRIPTION: INSURANCE. AMOUNT: 14,922. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 10,742. DESCRIPTION: DEPRECIATION. AMOUNT: 9,196. DESCRIPTION: AMORTIZATION. AMOUNT: 1,784. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 18,009. TOTAL TO FORM 990-EZ, LINE 16: 72,371.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MORTGAGE. BEG. OF YEAR AMOUNT: 197,551. END OF YEAR AMOUNT: 191,402. DESCRIPTION: LINE OF CREDIT. BEG. OF YEAR AMOUNT: 26,186. END OF YEAR AMOUNT: 28,345. DESCRIPTION: HOME HEADQUARTERS LOAN. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 50,668. DESCRIPTION: NINE MILE LOAN. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,500.
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/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SALLY BERRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03152436865
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-27
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/PreparationDt02024-03-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS PALMER
ReturnHeader/ReturnTs02024-04-09T19:40:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SALLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BERRY
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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