Civic Intelligence

3Rd Mile Incorporated

990 • Fiscal year 2014 • EIN 46-1380589

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 14, 2015

240 Chandler Bluff CourtGrayson, GA 30017

(404) 668-3988

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

42nd percentile

0.3%

Higher net margin than 42% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

79th percentile

$10,230

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

97th percentile

310%

Faster asset growth than 97% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

97th percentile

280%

Faster revenue growth than 97% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,317

Up $996 (+310%) from 2013

Net Assets

Up

$1,317

Up $996 (+310%) from 2013

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$389,033

Up $286,669 (+280%) from 2013

Expenses

Up

$388,037

Up $285,994 (+280%) from 2013

Net Income

Up

$996

Up $675 (+210%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0K$1.0K$0-$1.0K-$2.0K-$3.0KAssets 2013: $321Net Assets 2013: $3212013Assets 2014: $1,317Liabilities 2014: $0Net Assets 2014: $1,3172014Assets 2015: $992Liabilities 2015: $0Net Assets 2015: $9922015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: -$2,044Liabilities 2017: $0Net Assets 2017: -$2,0442017Assets 2018: -$17Liabilities 2018: $0Net Assets 2018: -$172018Assets 2019: $45Liabilities 2019: $0Net Assets 2019: $452019Assets 2020: $710Liabilities 2020: $0Net Assets 2020: $7102020Assets 2021: $1,163Liabilities 2021: $0Net Assets 2021: $1,1632021Assets 2022: $500Liabilities 2022: $0Net Assets 2022: $5002022Assets 2023: $1,530Liabilities 2023: $0Net Assets 2023: $1,5302023Assets 2024: $54Liabilities 2024: $0Net Assets 2024: $542024

Highlighted filing

2014

Assets$1,317
Liabilities$0
Net Assets$1,317

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $102,364Expenses 2013: $102,043Net Income 2013: $3212013Revenue 2014: $389,033Expenses 2014: $388,037Net Income 2014: $9962014Revenue 2015: $511,655Expenses 2015: $511,980Net Income 2015: -$3252015Revenue 2016: $531,032Expenses 2016: $531,112Net Income 2016: -$802016Revenue 2017: $497,190Expenses 2017: $499,233Net Income 2017: -$2,0432017Revenue 2018: $499,321Expenses 2018: $499,338Net Income 2018: -$172018Revenue 2019: $499,984Expenses 2019: $499,928Net Income 2019: $562019Revenue 2020: $687,394Expenses 2020: $704,732Net Income 2020: -$17,3382020Revenue 2021: $513,572Expenses 2021: $513,572Net Income 2021: $02021Revenue 2022: $429,919Expenses 2022: $429,387Net Income 2022: $5322022Revenue 2023: $485,895Expenses 2023: $484,365Net Income 2023: $1,5302023Revenue 2024: $682,329Expenses 2024: $661,322Net Income 2024: $21,0072024

Highlighted filing

2014

Revenue$389,033
Expenses$388,037
Net Income$996
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 14, 2015
Return Version
2014v5.0
Gross Receipts
$389,033
Mission and Program Overview

Mission

Humanitarian assistance to the underprivileged children.

To help reduced poverty among children, 3rd Mile Inc served over 200 thousand meals to children during the summer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$321$1,317▲ $996
Total Assets$321$1,317▲ $996
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$321$1,317▲ $996
Total Net Assets Fund Balance$321$1,317▲ $996
Total Liabilities and Net Assets / Fund Balance$321$1,317▲ $996
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
-CEOPT$10,230$10,230

Board Members and Trustees

NameTitle
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$389,033
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$388,037
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$257,307--$257,307
All Other Expenses$7,435--$7,435
Office Expenses$5,507--$5,507
Fees for Services Legal$2,700--$2,700
Insurance$1,504--$1,504
Information Technology$879--$879
Total Functional Expenses$388,037$0$0$388,037
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B

The Form was reviewed page by page by the board

Form 990, Part VI, Line 19

Made copies available available for the public along with the by-laws

Filing and Contact Details

Filer

Filer Name
3RD Mile Inc
EIN
46-1380589
Phone
4046683988
Address
240 Chandler Bluff Court, Grayson, GA 30017

Signing Officer

Name
Adekunbi Oyekan
Title
CEO
Signed
2015-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adekunbi Oyekan
Formed
2012
Legal Domicile
Ga
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
G T Ajayi CPA PC
Address
2011 Hwy 138 SW, Riverdale, GA 30296
Preparer
Gani Tunde Ajayi
Phone
7709961004
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