Civic Intelligence

Ibu Foundation

990EZ • Fiscal year 2019 • EIN 27-4660946

Jun 01, 2018 to May 31, 2019 • Filed on Feb 10, 2020

183B King StreetCharleston, SC 29401

(615) 260-0576

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 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

92nd percentile

53%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$83,282

No earlier filing loaded for comparison.

Net Assets

$83,282

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$156,633

No earlier filing loaded for comparison.

Expenses

$73,761

No earlier filing loaded for comparison.

Net Income

$82,872

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $83,282Net Assets 2019: $83,2822019Assets 2020: $187,884Liabilities 2020: $0Net Assets 2020: $187,8842020Assets 2021: $112,732Liabilities 2021: $4,165Net Assets 2021: $108,5672021Assets 2022: $168,039Liabilities 2022: $4,165Net Assets 2022: $163,8742022Assets 2023: $285,957Liabilities 2023: $73,550Net Assets 2023: $212,4072023Assets 2024: $187,116Liabilities 2024: $44,072Net Assets 2024: $143,0442024

Highlighted filing

2019

Assets$83,282
Liabilities-
Net Assets$83,282

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $156,633Expenses 2019: $73,761Net Income 2019: $82,8722019Revenue 2020: $245,043Expenses 2020: $140,441Net Income 2020: $104,6022020Revenue 2021: $122,841Expenses 2021: $202,158Net Income 2021: -$79,3172021Revenue 2022: $341,480Expenses 2022: $274,673Net Income 2022: $66,8072022Revenue 2023: $611,637Expenses 2023: $666,876Net Income 2023: -$55,2392023Revenue 2024: $913,333Expenses 2024: $1,012,696Net Income 2024: -$99,3632024

Highlighted filing

2019

Revenue$156,633
Expenses$73,761
Net Income$82,872
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Feb 10, 2020
Return Version
2018v3.1
Gross Receipts
$156,633
Mission and Program Overview

Mission

IBU Foundation provides female artisans access to the tools and training needed to enhance their craftsmanship and become economically self-sufficient.

Program Services

DescriptionGrantsExpenses
Funded an at-home office space, including computer printer to aid in communication and online orders for the Cherry Buttons Cooperative. Purchased 3 sewing machines for AGAY Cooperative. Positively impacting over 35 women$18,095-
Fully funded 5 three-day trainings, focusing on business, leadership, organizational development, and improved design. Of the 60 members in the Cooperative, 36 women attended the training.$15,217-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANE QUINNMemberPT$0--
SUSAN WALKERMemberPT$0--
MONICA SEEGERTreasurer-$0--
DIANA HAMBLETONSecretary-$0--
JANET GREGGMember-$0--
Filing and Contact Details

Filer

Filer Name
IBU Foundation
EIN
27-4660946
Phone
6152600576
Address
183B King Street, Charleston, SC 29401

Signing Officer

Name
Hannah Blatt
Title
Executive Director
Phone
6152600576
Signed
2020-02-10
Discuss with paid preparer
Yes

Preparer

Firm
Cronin Hanley & VanZile LLC
Address
17 Kiel Ave, Kinnelon, NJ 07405
Preparer
Maryann Hanley
Phone
9734923069
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

Activity , Grantee DREAMWEAVERS COOPERATIVE Apdo Postal 8 Puerto Escondido OXACA Mexico, Cash Grant 15,267, Relationship

Form 990-EZ, Part I, Line 10, Grants Paid

Activity , Grantee CHERRY BUTTONS COOPERATIVE Bab M Kam SEFROU 31000 Morocco, Cash Grant 18,095, Relationship

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

Travel 6,800

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

Meals and entertainment 159

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

Supplies 183

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

Advertising and Marketing 8,296

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

Event Expense 17,912

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

Bank Charges and fees 1,114

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

Intern Expense 396

Form 990-EZ, Part V, Line 34

See attached PDF for change in organization governing documents.

Raw XML Appendix160 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/CityNm0Charleston
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IRS990EZ/OtherExpensesTotalAmt034860
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Funded an at-home office space, including computer printer to aid in communication and online orders for the Cherry Buttons Cooperative. Purchased 3 sewing machines for AGAY Cooperative. Positively impacting over 35 women
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0156630
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity , Grantee DREAMWEAVERS COOPERATIVE Apdo Postal 8 Puerto Escondido OXACA Mexico, Cash Grant 15,267, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity , Grantee CHERRY BUTTONS COOPERATIVE Bab M Kam SEFROU 31000 Morocco, Cash Grant 18,095, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel 6,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Meals and entertainment 159
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies 183
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertising and Marketing 8,296
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Event Expense 17,912
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bank Charges and fees 1,114
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Intern Expense 396
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9See attached PDF for change in organization governing documents.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part V, Line 34
ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Hannah Blatt
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06152600576
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IBU Foundation
ReturnHeader/Filer/BusinessNameControlTxt0IBUF
ReturnHeader/Filer/EIN0274660946
ReturnHeader/Filer/PhoneNum06152600576
ReturnHeader/Filer/USAddress/AddressLine1Txt0183B King Street
ReturnHeader/Filer/USAddress/CityNm0Charleston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029401
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.124.97.202
ReturnHeader/FilingSecurityInformation/IPDt02020-02-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:53:06
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cronin Hanley & VanZile LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017 Kiel Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Kinnelon
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007405
ReturnHeader/PreparerPersonGrp/PhoneNum09734923069
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Maryann Hanley
ReturnHeader/ReturnTs02020-02-10T12:20:34-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-06-01
ReturnHeader/TaxPeriodEndDt02019-05-31
ReturnHeader/TaxYr02018

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Filings