Civic Intelligence

Leo Impact Fund Inc.

990EZ • Fiscal year 2022 • EIN 26-1959991

Feb 01, 2021 to Jan 31, 2022 • Filed on Jun 15, 2022

645 W 130th St Geffen Hall 676New York, NY 10027

(714) 617-0588

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.00x

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

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Net Margin

96th percentile

89%

Higher net margin than 96% of similar nonprofits.

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Asset Growth

63rd percentile

10%

Faster asset growth than 63% of similar nonprofits.

2022 filings • NTEE S • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

51st percentile

10%

Faster revenue growth than 51% of similar nonprofits.

2022 filings • NTEE S • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$143,523

Up $13,426 (+10%) from 2021

Net Assets

Up

$143,523

Up $13,426 (+10%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$21,714

Up $2,027 (+10%) from 2021

Expenses

Down

$2,352

Down $14,506 (-86%) from 2021

Net Income

Up

$19,362

Up $16,533 (+584%) from 2021

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

2022

Assets$143,523
Liabilities$0
Net Assets$143,523

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

2022

Revenue$21,714
Expenses$2,352
Net Income$19,362
Jump To
Filing Snapshot
Filing Period
Feb 1, 2021 to Jan 31, 2022
Signed
Jun 15, 2022
Return Version
2021v4.2
Gross Receipts
$21,714
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
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
PROVIDED LOW-INTEREST LOANS AND/OR INVESTMENTS TO MICROFINANCE ORGANIZATIONS IN THE UNITED STATES AND ABROAD.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATIE LEONBERGERFounder And Chairman-$0--
EVERETT ALLENCo-President-$0--
SHANTHAKUMAR BANNIRCHELVAMCo-President-$0--
RYAN DOUGHERTYChief Investment Officer-$0--
ELIZABETH BIELENCo-Chief Financial Officer-$0--
JEFFREY SHICo-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
645 W 130TH ST GEFFEN HALL 676, NEW YORK, NY 10027

Signing Officer

Name
Everett Allen
Title
Co-president
Phone
7146170588
Signed
2022-06-15
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: 118.

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

Description: office expenses. Amount: 892. Description: information technology. Amount: 360. Total to form 990-ez, line 16: 1,252.

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

Description: prior period adjustment. Amount: -5,936.

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

Description: program-related investments. Beg. Of year amount: 74,750. End of year amount: 25,000. Description: accounts receivable-net. Beg. Of year amount: 5,000. End of year amount: 2,250. Description: accounts receivable. Beg. Of year amount: 6,750. End of year amount: 0.

Raw XML Appendix221 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER AND CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-PRESIDENT
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/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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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.
IRS990EZ/ProgramServiceRevenueAmt05854
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: 118.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OFFICE EXPENSES. AMOUNT: 892. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 360. TOTAL TO FORM 990-EZ, LINE 16: 1,252.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: -5,936.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PROGRAM-RELATED INVESTMENTS. BEG. OF YEAR AMOUNT: 74,750. END OF YEAR AMOUNT: 25,000. DESCRIPTION: ACCOUNTS RECEIVABLE-NET. BEG. OF YEAR AMOUNT: 5,000. END OF YEAR AMOUNT: 2,250. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 6,750. END OF YEAR AMOUNT: 0.
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/PersonNm0EVERETT ALLEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07146170588
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MICROLUMBIA INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O COLUMBIA UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0MICR
ReturnHeader/Filer/EIN0261959991
ReturnHeader/Filer/PhoneNum07146170588
ReturnHeader/Filer/USAddress/AddressLine1Txt0645 W 130TH ST GEFFEN HALL 676
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010027
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390974031
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
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ReturnHeader/PreparerPersonGrp/PhoneNum02125511724
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YIGIT UCTUM CPA
ReturnHeader/ReturnTs02022-06-16T17:09:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-02-01
ReturnHeader/TaxPeriodEndDt02022-01-31
ReturnHeader/TaxYr02021

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