Civic Intelligence

Leo Impact Fund Inc.

990EZ • Fiscal year 2021 • EIN 26-1959991

Feb 01, 2020 to Jan 31, 2021 • Filed on Apr 07, 2021

3022 Broadway Uris Hall No 2m9New York, NY 10027

(714) 617-0588

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE S • <$500k nonprofits • Source year 2021

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE S • <$500k nonprofits • Source year 2021

Net Margin

58th percentile

14%

Higher net margin than 58% of similar nonprofits.

2021 filings • NTEE S • <$500k nonprofits • Source year 2021

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2021 filings • NTEE S • <$500k nonprofits • Source year 2021

Asset Growth

47th percentile

2.5%

Faster asset growth than 47% of similar nonprofits.

2021 filings • NTEE S • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

43%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • NTEE S • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$130,097

Up $3,142 (+2.5%) from 2020

Net Assets

Up

$130,097

Up $3,142 (+2.5%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$19,687

Up $5,931 (+43%) from 2020

Expenses

Up

$16,858

Up $13,712 (+436%) from 2020

Net Income

Down

$2,829

Down $7,781 (-73%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2020: $126,955Liabilities 2020: $0Net Assets 2020: $126,9552020Assets 2021: $130,097Liabilities 2021: $0Net Assets 2021: $130,0972021Assets 2022: $143,523Liabilities 2022: $0Net Assets 2022: $143,5232022Assets 2023: $156,393Liabilities 2023: $0Net Assets 2023: $156,3932023Assets 2024: $114,285Liabilities 2024: $0Net Assets 2024: $114,2852024Assets 2025: $105,775Liabilities 2025: $0Net Assets 2025: $105,7752025

Highlighted filing

2021

Assets$130,097
Liabilities$0
Net Assets$130,097

Operations Trend

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

$100K$50K$0-$50KRevenue 2020: $13,756Expenses 2020: $3,146Net Income 2020: $10,6102020Revenue 2021: $19,687Expenses 2021: $16,858Net Income 2021: $2,8292021Revenue 2022: $21,714Expenses 2022: $2,352Net Income 2022: $19,3622022Revenue 2023: $16,384Expenses 2023: $1,314Net Income 2023: $15,0702023Revenue 2024: $14,320Expenses 2024: $56,428Net Income 2024: -$42,1082024Revenue 2025: $16,292Expenses 2025: $24,802Net Income 2025: -$8,5102025

Highlighted filing

2021

Revenue$19,687
Expenses$16,858
Net Income$2,829
Jump To
Filing Snapshot
Filing Period
Feb 1, 2020 to Jan 31, 2021
Signed
Apr 7, 2021
Return Version
2020v4.1
Gross Receipts
$19,687
Mission and Program Overview

Mission

The purposes of the foundation is to provide low-interest or no-interest loans and technical assistance to microfinance organizations and other small enterprises and/or to provide low-interest or no-interest "micro-loans" to needy individuals and their small businesses, in the state of new york, in the united states, and abroad.

Program Services

DescriptionGrantsExpenses
PROVIDED LOW-INTEREST LOANS AND/OR INVESTMENTS TO MICROFINANCE ORGANIZATIONS IN THE UNITED STATES AND ABROAD.$0$12,500
ORGANIZED MULTIPLE SPEAKER EVENTS FOR THE STUDENTS OF COLUMBIA UNIVERSITY TO LEARN ABOUT IMPACT INVESTING AND TO HELP THEM FIND CAREER OPPORTUNITIES IN THE FIELD.$0$0
WORKED WITH INVESTEES AND OTHER ORGANIZATIONS TO PROVIDE/DESIGN PRO-BONO CONSULTING PROJECTS AT NO COST TO PARTNERS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATIE LEONBERGERFounder And Chairman-$0--
WINEETA PAULCo-President-$0--
CHARLTON HOOKCo-President-$0--
RYAN FAUBERChief Investment Officer-$0--
ISHAN MAJUMDARCo-Chief Financial Officer-$0--
MICHAEL LEECo-Chief Financial Officer-$0--
REID SPEARINDirector-$0--
COURTNEY THOMPSONDirector-$0--
VIKAS RAJDirector-$0--
JON SAGALDirector-$0--
KATE WHITELAWDirector-$0--
JOHN PLAISTEDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Microlumbia Inc
EIN
26-1959991
Phone
7146170588
Address
3022 BROADWAY URIS HALL NO 2M9, NEW YORK, NY 10027

Signing Officer

Name
Wineeta Paul
Title
Co-president
Phone
7146170588
Signed
2021-04-07
Discuss with paid preparer
Yes

Preparer

Firm
Wegner Cpas Llp
Address
230 PARK AVE FL 3, NEW YORK, NY 10169-0005
Preparer
Yigit Uctum CPA
Phone
2125511724
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 19.

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

Description: office expenses. Amount: 978. Description: advertising. Amount: 510. Description: information technology. Amount: 120. Description: bad debt expense. Amount: 12,500. Total to form 990-ez, line 16: 14,108.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior period adjustment. Amount: 313.

Form 990-ez, Part II, Line 24 - Other Assets

Description: loans receivable, net. Beg. Of year amount: 62,250. End of year amount: 74,750. Description: investments - program-related. Beg. Of year amount: 10,000. End of year amount: 5,000. Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 6,750.

Raw XML Appendix216 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/OfficerDirectorTrusteeEmplGrp/PersonNm10KATE WHITELAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JOHN PLAISTED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER AND CHAIRMAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CHIEF INVESTMENT OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CO-CHIEF FINANCIAL OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5CO-CHIEF FINANCIAL OFFICER
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IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSES OF THE FOUNDATION IS TO PROVIDE LOW-INTEREST OR NO-INTEREST LOANS AND TECHNICAL ASSISTANCE TO MICROFINANCE ORGANIZATIONS AND OTHER SMALL ENTERPRISES AND/OR TO PROVIDE LOW-INTEREST OR NO-INTEREST "MICRO-LOANS" TO NEEDY INDIVIDUALS AND THEIR SMALL BUSINESSES, IN THE STATE OF NEW YORK, IN THE UNITED STATES, AND ABROAD.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ORGANIZED MULTIPLE SPEAKER EVENTS FOR THE STUDENTS OF COLUMBIA UNIVERSITY TO LEARN ABOUT IMPACT INVESTING AND TO HELP THEM FIND CAREER OPPORTUNITIES IN THE FIELD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1WORKED WITH INVESTEES AND OTHER ORGANIZATIONS TO PROVIDE/DESIGN PRO-BONO CONSULTING PROJECTS AT NO COST TO PARTNERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROVIDED LOW-INTEREST LOANS AND/OR INVESTMENTS TO MICROFINANCE ORGANIZATIONS IN THE UNITED STATES AND ABROAD.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OFFICE EXPENSES. AMOUNT: 978. DESCRIPTION: ADVERTISING. AMOUNT: 510. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 120. DESCRIPTION: BAD DEBT EXPENSE. AMOUNT: 12,500. TOTAL TO FORM 990-EZ, LINE 16: 14,108.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 313.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: LOANS RECEIVABLE, NET. BEG. OF YEAR AMOUNT: 62,250. END OF YEAR AMOUNT: 74,750. DESCRIPTION: INVESTMENTS - PROGRAM-RELATED. BEG. OF YEAR AMOUNT: 10,000. END OF YEAR AMOUNT: 5,000. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,750.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0WINEETA PAUL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07146170588
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MICROLUMBIA INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O COLUMBIA UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0MICR
ReturnHeader/Filer/EIN0261959991
ReturnHeader/Filer/PhoneNum07146170588
ReturnHeader/Filer/USAddress/AddressLine1Txt03022 BROADWAY URIS HALL NO 2M9
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010027
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390974031
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEGNER CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0230 PARK AVE FL 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0101690005
ReturnHeader/PreparerPersonGrp/PhoneNum02125511724
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YIGIT UCTUM CPA
ReturnHeader/ReturnTs02021-04-10T12:53:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WINEETA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PAUL
ReturnHeader/TaxPeriodBeginDt02020-02-01
ReturnHeader/TaxPeriodEndDt02021-01-31
ReturnHeader/TaxYr02020

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