Civic Intelligence

Ipoderacs Children Fund

990EZ • Fiscal year 2022 • EIN 27-1395489

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 30, 2023

PO Box 370571Denver, CO 80237

(720) 252-6109

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

13th percentile

-38%

Higher net margin than 13% of similar nonprofits.

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

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.

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

Asset Growth

15th percentile

-33%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

8th percentile

-64%

Faster revenue growth than 8% of similar nonprofits.

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

Assets

Down

$14,203

Down $6,917 (-33%) from 2021

Net Assets

Down

$14,203

Down $6,917 (-33%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$18,297

Down $32,201 (-64%) from 2021

Expenses

Down

$25,215

Down $28,751 (-53%) from 2021

Net Income

Down

-$6,918

Down $3,450 (-99%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2021: $21,120Liabilities 2021: $0Net Assets 2021: $21,1202021Assets 2022: $14,203Net Assets 2022: $14,2032022Assets 2023: $21,245Net Assets 2023: $21,2452023Assets 2024: $119,571Net Assets 2024: $119,5712024

Highlighted filing

2022

Assets$14,203
Liabilities-
Net Assets$14,203

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2021: $50,498Expenses 2021: $53,966Net Income 2021: -$3,4682021Revenue 2022: $18,297Expenses 2022: $25,215Net Income 2022: -$6,9182022Revenue 2023: $27,145Expenses 2023: $20,103Net Income 2023: $7,0422023Revenue 2024: $157,611Expenses 2024: $59,285Net Income 2024: $98,3262024

Highlighted filing

2022

Revenue$18,297
Expenses$25,215
Net Income-$6,918
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 30, 2023
Return Version
2022v5.0
Gross Receipts
$18,297
Mission and Program Overview

Mission

To assist children who live and/or work on the streets of Mexico and have been socially excluded.

To assist socially excluded children and their families.

Program Services

DescriptionGrantsExpenses
Granted funds to IPODERAC for scholarships for tuition and school expenses for youth in the Independent Living Program$10,000$10,000
Granted funds to IPODERAC for the purchase of equipment to provide dental treatments for the youth$3,575$3,575
Granted funds to IPODERAC to purchase and install security cameras on the girls' campus$3,196$3,196
A grant was made to IPODERAC to support general operating costs for the boys and girls centers$2,000$2,000
Granted funds to IPODERAC to help the organization host a celebration and reunion for youth who have previously lived at IPODERAC$1,000$1,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary HillsmanBoard Member-$0--
James PolsfutBoard President-$0--
Alicia LuceroBoard Secretary-$0--
Mitch BensonBoard Treasurer-$0--
August RitterBoard Member-$0--
Francisco Martinez OronozBoard Member-$0--
Ivan VazquezBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Ipoderacs Children Fund
EIN
27-1395489
Phone
7202526109
Address
PO BOX 370571, DENVER, CO 80237

Signing Officer

Name
James Polsfut
Title
Board President
Phone
7202526109
Signed
2023-06-30
Supplemental Narrative

Additional Explanations

Part I, Line 10

Ipoderac's Children Fund made grants to IPODERAC, a permanent home in Atlixco, Mexico for 108 boys and girls who have been socially excluded. Grants totaling $19,771 were made to support the organization. A grant in the amount of $3,575 was made for the purchase of equipment to provide dental treatments for the youth. A grant in the amount of $1,000 was made to help the organization host a celebration and reunion for youth who have previously lived at IPODERAC. A grant in the amount of $10,000 was made to provide scholarships for youth in the Independent Living Program and who are attending university or technical training programs. A grant in the amount of $2,000 was made to support general operating costs for the boys and girls centers. A grant in the amount of $3,196 was made to purchase and install security cameras on the girls' campus. The grantee: Instituto Poblano de Readaptacion, A.C. (IPODERAC), KM. 25 Carretera Federal, Puebla, Atlixco, C.P. 74200, Atlixco, Puebla, Mexico (01)244-445-1508.

Part I, Line 16

Other expenses: $365 bank fees, $126 business registration and legal filing fees, $250 credit card processing fees, $582 technology and website, $16 office supplies, $138 post office box, $106 gift. $1,583 TOTAL

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Ipoderac's Children Fund made grants to IPODERAC, a permanent home in Atlixco, Mexico for 108 boys and girls who have been socially excluded. Grants totaling $19,771 were made to support the organization. A grant in the amount of $3,575 was made for the purchase of equipment to provide dental treatments for the youth. A grant in the amount of $1,000 was made to help the organization host a celebration and reunion for youth who have previously lived at IPODERAC. A grant in the amount of $10,000 was made to provide scholarships for youth in the Independent Living Program and who are attending university or technical training programs. A grant in the amount of $2,000 was made to support general operating costs for the boys and girls centers. A grant in the amount of $3,196 was made to purchase and install security cameras on the girls' campus. The grantee: Instituto Poblano de Readaptacion, A.C. (IPODERAC), KM. 25 Carretera Federal, Puebla, Atlixco, C.P. 74200, Atlixco, Puebla, Mexico (01)244-445-1508.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other expenses: $365 bank fees, $126 business registration and legal filing fees, $250 credit card processing fees, $582 technology and website, $16 office supplies, $138 post office box, $106 gift. $1,583 TOTAL
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0We required additional time to complete the form so we filed an extension.
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0James Polsfut
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board President
ReturnHeader/BusinessOfficerGrp/PhoneNum07202526109
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IPODERACS CHILDREN FUND
ReturnHeader/Filer/BusinessNameControlTxt0IPOD
ReturnHeader/Filer/EIN0271395489
ReturnHeader/Filer/PhoneNum07202526109
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ReturnHeader/Filer/USAddress/CityNm0DENVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080237
ReturnHeader/ReturnTs02023-06-30T19:55:37Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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