Civic Intelligence

Instiglio

990 • Fiscal year 2013 • EIN 45-5015494

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

100 Cedar Knoll CourtBrooklyn, NY 30076

(678) 296-7474

Siviq Scores

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

Liabilities / Assets

68th percentile

0.04x

Higher debt load relative to assets than 68% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

91st percentile

46%

Higher net margin than 91% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

Score unavailable

No value available

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

Source year 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

$221,548

No earlier filing loaded for comparison.

Net Assets

$212,973

No earlier filing loaded for comparison.

Liabilities

$8,575

No earlier filing loaded for comparison.

Revenue

$445,467

No earlier filing loaded for comparison.

Expenses

$241,959

No earlier filing loaded for comparison.

Net Income

$203,508

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.

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $221,548Liabilities 2013: $8,575Net Assets 2013: $212,9732013Assets 2014: $229,330Liabilities 2014: $10,850Net Assets 2014: $218,4802014Assets 2015: $171,018Liabilities 2015: $34,786Net Assets 2015: $136,2322015Assets 2016: $196,606Liabilities 2016: $19,740Net Assets 2016: $176,8662016Assets 2017: $683,072Liabilities 2017: $40,147Net Assets 2017: $642,9252017Assets 2018: $1,339,532Liabilities 2018: $321,422Net Assets 2018: $1,018,1102018Assets 2019: $1,332,272Liabilities 2019: $68,244Net Assets 2019: $1,264,0282019Assets 2020: $1,915,274Liabilities 2020: $142,733Net Assets 2020: $1,772,5412020Assets 2021: $750,033Liabilities 2021: $97,908Net Assets 2021: $652,1252021Assets 2022: $3,222,096Liabilities 2022: $93,897Net Assets 2022: $3,128,1992022Assets 2023: $3,992,974Liabilities 2023: $160,789Net Assets 2023: $3,832,1852023Assets 2024: $3,511,684Liabilities 2024: $392,164Net Assets 2024: $3,119,5202024

Highlighted filing

2013

Assets$221,548
Liabilities$8,575
Net Assets$212,973

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $445,467Expenses 2013: $241,959Net Income 2013: $203,5082013Revenue 2014: $425,128Expenses 2014: $419,621Net Income 2014: $5,5072014Revenue 2015: $494,466Expenses 2015: $576,714Net Income 2015: -$82,2482015Revenue 2016: $737,288Expenses 2016: $708,180Net Income 2016: $29,1082016Revenue 2017: $1,491,856Expenses 2017: $1,025,797Net Income 2017: $466,0592017Revenue 2018: $2,157,249Expenses 2018: $1,782,064Net Income 2018: $375,1852018Revenue 2019: $2,560,670Expenses 2019: $1,824,248Net Income 2019: $736,4222019Revenue 2020: $2,908,344Expenses 2020: $2,399,831Net Income 2020: $508,5132020Revenue 2021: $2,766,361Expenses 2021: $3,495,702Net Income 2021: -$729,3412021Revenue 2022: $5,716,140Expenses 2022: $3,353,387Net Income 2022: $2,362,7532022Revenue 2023: $4,891,769Expenses 2023: $3,939,082Net Income 2023: $952,6872023Revenue 2024: $5,618,021Expenses 2024: $6,554,859Net Income 2024: -$936,8382024

Highlighted filing

2013

Revenue$445,467
Expenses$241,959
Net Income$203,508
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$445,467
Mission and Program Overview

Mission

Instiglio's mission is to empower leaders in the social, public, and private sectors to improve the impact of social programs in developing countries by tying funding to results.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,866$210,352▲ $202,486
Pledges and Grants Receivable$7,500$5,972▼ $1,528
Accounts Receivable-$5,224-
Total Assets$15,366$221,548▲ $206,182
Liabilities
Accounts Payable and Accrued Expenses$5,901$8,575▲ $2,674
Total Liabilities$5,901$8,575▲ $2,674
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,623$167,603▲ $162,980
Unrestricted Net Assets$4,842$45,370▲ $40,528
Total Net Assets Fund Balance$9,465$212,973▲ $203,508
Total Liabilities and Net Assets / Fund Balance$15,366$221,548▲ $206,182
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael BelinskyDirectorFT$36,200$36,200
Avnish GungadurdossManaging Partner and DirectorFT$33,000$33,000
Michael EddyDirectorFT$24,750$24,750
Revenue and Support

Revenue Composition

Contributions and Grants
$364,903
Program Service Revenue
$80,564
Investment Income
$0
Other Revenue
$0
All Other Contributions
$316,903
Change in Net Assets
$203,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$167,809
Other Expenses$44,150
Grants and Similar Amounts Paid$30,000
Total Fundraising Expense$26,271
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$49,885$31,875$12,190$93,950
Other Salaries and Wages$35,726$19,418$10,375$65,519
Foreign Grants$30,000--$30,000
Travel$17,239$1,799$2,430$21,468
Payroll Taxes-$8,340-$8,340
Fees for Services Accounting-$7,337-$7,337
Office Expenses$2,651$2,431$88$5,170
Advertising$677$2,300$698$3,675
Fees for Services Legal$8$1,593-$1,601
Other Expenses$316$32$220$568
Total Functional Expenses$136,763$78,925$26,271$241,959
International Activity

International Summary

Offices
2
Employees
17
Spending
$112,491

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgram ServicesExploratory Work to Create Pay-for-success Social Projects in Emerging Markets, as Well as Advisory Work on Pay-for-success Models.12$65,504
South AmericaGrants to Recipients Located in RegionAdvisory Work on Pay-for-success Models00$30,000
South AsiaProgram ServicesExploratory Work to Create Pay-for-success Social Projects in Emerging Markets, as Well as Advisory Work on Pay-for-success Models.00$8,851
South AmericaProgram ServicesExploratory Work to Create Pay-for-success Social Projects in Emerging Markets, as Well as Advisory Work on Pay-for-success Models.115$6,733
Sub-saharan AfricaProgram Services-00$1,403
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The form 990 was prepared by the outside accountants and reviewed by senior management. Individual members of the governing body were consulted for individual parts of the form 990 and the final 990 was provided to the board prior to filing the return with the irs.

Form 990, Part VI, Section B, Line 15

Salaries were set following consultation of independent advisors and discussion amongst members of the governing body. Compensatory data of other 990 was used in the compensation process and the last compensation review took place in february 2013.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents or policies available to the public. Financial statements are available upon request.

Filing and Contact Details

Filer

EIN
45-5015494
Phone
6782967474

Signing Officer

Name
Michael Belinsky
Title
Partner
Phone
6782967474
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Belinsky
Formed
2012
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
0
Employees
5
Volunteers
0

Preparer

Phone
3019519090
Raw XML Appendix395 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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IRS990/ActivityOrMissionDesc0SEE PART III, LINE 1.
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2SOUTH AMERICA
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0EXPLORATORY WORK TO CREATE PAY-FOR-SUCCESS SOCIAL PROJECTS IN EMERGING MARKETS, AS WELL AS ADVISORY WORK ON PAY-FOR-SUCCESS MODELS.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1EXPLORATORY WORK TO CREATE PAY-FOR-SUCCESS SOCIAL PROJECTS IN EMERGING MARKETS, AS WELL AS ADVISORY WORK ON PAY-FOR-SUCCESS MODELS.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2ADVISORY WORK ON PAY-FOR-SUCCESS MODELS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3EXPLORATORY WORK TO CREATE PAY-FOR-SUCCESS SOCIAL PROJECTS IN EMERGING MARKETS, AS WELL AS ADVISORY WORK ON PAY-FOR-SUCCESS MODELS.
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4PROGRAM SERVICES
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IRS990ScheduleF/SubtotalEmployeesCnt017
IRS990ScheduleF/SubtotalOfficesCnt02
IRS990ScheduleF/SubtotalSpentAmt0112491
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0TO MONITOR THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES, THE ORGANIZATION'S REQUIRES GRANTEES TO SUBMIT EXPENSE ALLOCATION REPORTS AFTER RECEIVING GRANT FUNDS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt017
IRS990ScheduleF/TotalOfficeCnt02
IRS990ScheduleF/TotalOtherOrgCnt00
IRS990ScheduleF/TotalSpentAmt0112491
IRS990ScheduleF/TransferToForeignCorpInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. INDIVIDUAL MEMBERS OF THE GOVERNING BODY WERE CONSULTED FOR INDIVIDUAL PARTS OF THE FORM 990 AND THE FINAL 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING THE RETURN WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALARIES WERE SET FOLLOWING CONSULTATION OF INDEPENDENT ADVISORS AND DISCUSSION AMONGST MEMBERS OF THE GOVERNING BODY. COMPENSATORY DATA OF OTHER 990 WAS USED IN THE COMPENSATION PROCESS AND THE LAST COMPENSATION REVIEW TOOK PLACE IN FEBRUARY 2013.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR POLICIES AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10CORPORACION INSTIGLIO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine10RUTA N CALLE 67 52-20 TORRE A O
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/City0MEDELLIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/Country0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EXPLORE PAY FOR SUCCESS MODEL FOR SOCIAL PROJECTS
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04623
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0167603
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt015366
IRS990/TotalAssetsEOYAmt0221548
IRS990/TotalAssetsGrp/BOYAmt015366
IRS990/TotalAssetsGrp/EOYAmt0221548
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0364903
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026271
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078925
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0136763
IRS990/TotalFunctionalExpensesGrp/TotalAmt0241959
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05901
IRS990/TotalLiabilitiesEOYAmt08575
IRS990/TotalLiabilitiesGrp/BOYAmt05901
IRS990/TotalLiabilitiesGrp/EOYAmt08575
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09465
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0212973
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0136763
IRS990/TotalProgramServiceRevenueAmt080564
IRS990/TotalReportableCompFromOrgAmt093950
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt080564
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0445467
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015366
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0221548
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt02430
IRS990/TravelGrp/ManagementAndGeneralAmt01799
IRS990/TravelGrp/ProgramServicesAmt017239
IRS990/TravelGrp/TotalAmt021468
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04842
IRS990/UnrestrictedNetAssetsGrp/EOYAmt045370
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10100 CEDAR KNOLL COURT
IRS990/USAddress/City0ROSWELL
IRS990/USAddress/State0GA
IRS990/USAddress/ZIPCode030076
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.INSTIGLIO.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL BELINSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PARTNER
ReturnHeader/BusinessOfficerGrp/PhoneNum06782967474
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10INSTIGLIO INC
ReturnHeader/Filer/BusinessNameControlTxt0INST
ReturnHeader/Filer/EIN0455015494
ReturnHeader/Filer/PhoneNum06782967474
ReturnHeader/Filer/USAddress/AddressLine10100 CEDAR KNOLL COURT
ReturnHeader/Filer/USAddress/City0ROSWELL
ReturnHeader/Filer/USAddress/State0GA
ReturnHeader/Filer/USAddress/ZIPCode030076
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521392008
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10GELMAN ROSENBERG & FREEDMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine104550 MONTGOMERY AVE SUITE 650N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0208142930
ReturnHeader/PreparerPersonGrp/PhoneNum03019519090
ReturnHeader/ReturnTs02014-11-14T08:36:38-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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