Civic Intelligence

Indy Incubator

990EZ • Fiscal year 2015 • EIN 27-2455899

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 11, 2016

PO Box 539New York, NY 10163

(585) 466-4237

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 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

4th percentile

-122%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-47%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$103

Down $71,642 (-100%) from 2014

Net Assets

Down

$103

Down $71,642 (-100%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$58,650

Down $51,450 (-47%) from 2014

Expenses

Up

$130,292

Up $91,937 (+240%) from 2014

Net Income

Down

-$71,642

Down $143,387 (-200%) from 2014

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2014: $71,745Net Assets 2014: $71,7452014Assets 2015: $103Net Assets 2015: $1032015

Highlighted filing

2015

Assets$103
Liabilities-
Net Assets$103

Operations Trend

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

$200K$100K$0-$100KRevenue 2014: $110,100Expenses 2014: $38,355Net Income 2014: $71,7452014Revenue 2015: $58,650Expenses 2015: $130,292Net Income 2015: -$71,6422015

Highlighted filing

2015

Revenue$58,650
Expenses$130,292
Net Income-$71,642
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 11, 2016
Return Version
2015v2.1
Gross Receipts
$58,650
Mission and Program Overview

Mission

Indy incubator is a non-profit incubator that supports non-profit visionaries and social entrepreneurs with exciting, scaleable ideas to make the world a better place. Groups supported range from orphanages and charities to private companies with social missions. We look for ideas with the potential to change a field, work on an unknown cause or issue, or simply do something better than most. Supported fellows can be individuals who haven't yet started an organization, a group of friends who are moving towards a foundation, or an early-stage non-profit or corporation.

Program Services

DescriptionGrantsExpenses
THROUGHOUT THE YEAR INDY INCUBATOR SUPPORTED VARIOUS NON-PROFIT PROGRAMS ON THEIR WAY TO BEING INDEPENDENT.$74,549$126,746
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ADRIAN HONGPresident-$0--
ELLIOT LEETreasurer-$0--
ERIC HWANGSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Indy Incubator
EIN
27-2455899
Phone
5854664237
Address
PO BOX 539, NEW YORK, NY 10163

Signing Officer

Name
Adrian Hong
Title
President
Phone
6198692059
Signed
2016-11-11

Preparer

Firm
Batten Accountancy Inc
Address
4696 GREENE ST, SAN DIEGO, CA 92107-1420
Preparer
Jere R Batten CPA
Phone
6195016359
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Haiti wgo sun city project rue fragneauville delmas 75 port au prince, haiti 16,000 0 0 dollar a day c/o reed smith and aaron bourke 599 lexington avenue, 22nd floor 58,549 0 new york, ny 10022 0

Form 990-ez, Part I, Line 16

Expenses marketing 407 bank fees 175 office supplies 1,033 telecommunications 1,103 hotel 8,405 travel 18,684 meetings 700 catering 1,547 research 7,350 business registration fee 60 total 39,464

Form 990-ez, Part II, Line 24

Security deposits 800 0 total 800 0

Form 990-ez, Part III

Indy incubator is a non-profit incubator that supports non-profit visionaries and social entrepreneurs with exciting, scaleable ideas to make the world a better place. Groups supported range from orphanages and charities to private companies with social missions. We look for ideas with the potential to change a field, work on an unknown cause or issue, or simply do something better than most. Supported fellows can be individuals who haven't yet started an organization, a group of friends who are moving towards a foundation, or an early-stage non-profit or corporation.

Raw XML Appendix127 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ADRIAN HONG
IRS990EZ/BooksInCareOfDetail/PhoneNum05854664237
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 539
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010163
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt070945
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0103
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt058650
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-71642
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt016199
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt071745
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0103
IRS990EZ/GrantsAndSimilarAmountsPaidAmt074549
IRS990EZ/GrossReceiptsAmt058650
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt071745
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0103
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt071745
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0103
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ADRIAN HONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ELLIOT LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERIC HWANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0800
IRS990EZ/OtherExpensesTotalAmt039464
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0INDY INCUBATOR IS A NON-PROFIT INCUBATOR THAT SUPPORTS NON-PROFIT VISIONARIES AND SOCIAL ENTREPRENEURS WITH EXCITING, SCALEABLE IDEAS TO MAKE THE WORLD A BETTER PLACE. GROUPS SUPPORTED RANGE FROM ORPHANAGES AND CHARITIES TO PRIVATE COMPANIES WITH SOCIAL MISSIONS. WE LOOK FOR IDEAS WITH THE POTENTIAL TO CHANGE A FIELD, WORK ON AN UNKNOWN CAUSE OR ISSUE, OR SIMPLY DO SOMETHING BETTER THAN MOST. SUPPORTED FELLOWS CAN BE INDIVIDUALS WHO HAVEN'T YET STARTED AN ORGANIZATION, A GROUP OF FRIENDS WHO ARE MOVING TOWARDS A FOUNDATION, OR AN EARLY-STAGE NON-PROFIT OR CORPORATION.
IRS990EZ/PrintingPublicationsPostageAmt080
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THROUGHOUT THE YEAR INDY INCUBATOR SUPPORTED VARIOUS NON-PROFIT PROGRAMS ON THEIR WAY TO BEING INDEPENDENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt074549
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0126746
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0130292
IRS990EZ/TotalProgramServiceExpensesAmt0126746
IRS990EZ/TotalRevenueAmt058650
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt058650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0110100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0168750
IRS990ScheduleA/PublicSupportCY170Pct00.36810
IRS990ScheduleA/PublicSupportTotal170Amt062125
IRS990ScheduleA/SubstantialContributorsTotAmt0106625
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt058650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0110100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0168750
IRS990ScheduleA/TotalSupportAmt0168750
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HAITI WGO SUN CITY PROJECT RUE FRAGNEAUVILLE DELMAS 75 PORT AU PRINCE, HAITI 16,000 0 0 DOLLAR A DAY C/O REED SMITH AND AARON BOURKE 599 LEXINGTON AVENUE, 22ND FLOOR 58,549 0 NEW YORK, NY 10022 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES MARKETING 407 BANK FEES 175 OFFICE SUPPLIES 1,033 TELECOMMUNICATIONS 1,103 HOTEL 8,405 TRAVEL 18,684 MEETINGS 700 CATERING 1,547 RESEARCH 7,350 BUSINESS REGISTRATION FEE 60 TOTAL 39,464
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECURITY DEPOSITS 800 0 TOTAL 800 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INDY INCUBATOR IS A NON-PROFIT INCUBATOR THAT SUPPORTS NON-PROFIT VISIONARIES AND SOCIAL ENTREPRENEURS WITH EXCITING, SCALEABLE IDEAS TO MAKE THE WORLD A BETTER PLACE. GROUPS SUPPORTED RANGE FROM ORPHANAGES AND CHARITIES TO PRIVATE COMPANIES WITH SOCIAL MISSIONS. WE LOOK FOR IDEAS WITH THE POTENTIAL TO CHANGE A FIELD, WORK ON AN UNKNOWN CAUSE OR ISSUE, OR SIMPLY DO SOMETHING BETTER THAN MOST. SUPPORTED FELLOWS CAN BE INDIVIDUALS WHO HAVEN'T YET STARTED AN ORGANIZATION, A GROUP OF FRIENDS WHO ARE MOVING TOWARDS A FOUNDATION, OR AN EARLY-STAGE NON-PROFIT OR CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ADRIAN HONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06198692059
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDY INCUBATOR
ReturnHeader/Filer/BusinessNameControlTxt0INDY
ReturnHeader/Filer/EIN0272455899
ReturnHeader/Filer/PhoneNum05854664237
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 539
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010163
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BATTEN ACCOUNTANCY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04696 GREENE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN DIEGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0921071420
ReturnHeader/PreparerPersonGrp/PhoneNum06195016359
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERE R BATTEN CPA
ReturnHeader/ReturnTs02016-11-14T11:33:29-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings