Civic Intelligence

The Widernet Project

990 • Fiscal year 2019 • EIN 46-1028799

Jan 01, 2019 to Dec 31, 2019

Raleigh, NC
Siviq Scores

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

Liabilities / Assets

98th percentile

10.02x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • NTEE U • <$500k nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

0.17x

Higher debt load relative to revenue than 86% of similar nonprofits.

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

Net Margin

43rd percentile

-3.0%

Higher net margin than 43% of similar nonprofits.

2019 filings • NTEE U • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

20th percentile

-21%

Faster asset growth than 20% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

56th percentile

5.3%

Faster revenue growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$2,954

Down $784 (-21%) from 2018

Net Assets

Up

-$26,658

Up $47,273 (+64%) from 2018

Liabilities

Down

$29,612

Down $48,057 (-62%) from 2018

Revenue

Up

$174,702

Up $8,738 (+5.3%) from 2018

Expenses

Down

$179,923

Down $2,325 (-1.3%) from 2018

Net Income

Up

-$5,221

Up $11,063 (+68%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2013: $52,813Liabilities 2013: $18,116Net Assets 2013: $34,6972013Assets 2014: $66,731Liabilities 2014: $24,888Net Assets 2014: $41,8432014Assets 2015: $83,746Liabilities 2015: $8,961Net Assets 2015: $74,7852015Assets 2016: $53,287Liabilities 2016: $38,041Net Assets 2016: $15,2462016Assets 2017: $10,208Liabilities 2017: $67,855Net Assets 2017: -$57,6472017Assets 2018: $3,738Liabilities 2018: $77,669Net Assets 2018: -$73,9312018Assets 2019: $2,954Liabilities 2019: $29,612Net Assets 2019: -$26,6582019Assets 2020: $54,586Liabilities 2020: $154,381Net Assets 2020: -$99,7952020Assets 2021: $32,201Liabilities 2021: $156,580Net Assets 2021: -$124,3792021

Highlighted filing

2019

Assets$2,954
Liabilities$29,612
Net Assets-$26,658

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $254,654Expenses 2013: $249,663Net Income 2013: $4,9912013Revenue 2014: $253,831Expenses 2014: $246,685Net Income 2014: $7,1462014Revenue 2015: $329,643Expenses 2015: $296,701Net Income 2015: $32,9422015Revenue 2016: $284,990Expenses 2016: $344,529Net Income 2016: -$59,5392016Revenue 2017: $199,368Expenses 2017: $272,261Net Income 2017: -$72,8932017Revenue 2018: $165,964Expenses 2018: $182,248Net Income 2018: -$16,2842018Revenue 2019: $174,702Expenses 2019: $179,923Net Income 2019: -$5,2212019Revenue 2020: $104,036Expenses 2020: $124,559Net Income 2020: -$20,5232020Revenue 2021: $121,970Expenses 2021: $146,554Net Income 2021: -$24,5842021

Highlighted filing

2019

Revenue$174,702
Expenses$179,923
Net Income-$5,221
Filing Detail Status

This 2019 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Mission and Program Overview

Mission

The widernet project works to deliver educational resources, knowledge, and training to underprivileged individuals and communities worldwide and improve their digital communication. The widernet project is a non-profit organization based in chapel hill, nc and affiliated with th

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