Civic Intelligence

World Upside Down Inc

990 • Fiscal year 2019 • EIN 46-1938697

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 07, 2019

3190 Howard AvenueOviedo, FL 32765

(407) 401-1568

Siviq Scores

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

Liabilities / Assets

98th percentile

3.16x

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

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

Liabilities / Revenue

100th percentile

32.30x

Higher debt load relative to revenue than 100% of similar nonprofits.

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

Net Margin

1st percentile

-3527%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)3 • <$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

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

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

Assets

Down

$378

Down $184 (-33%) from 2018

Net Assets

Down

-$817

Down $1,379 (-245%) from 2018

Liabilities

Up

$1,195

Up $1,195 from 2018

Revenue

Down

$37

Down $4,558 (-99%) from 2018

Expenses

Down

$1,342

Down $3,080 (-70%) from 2018

Net Income

Down

-$1,305

Down $1,478 (-854%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0K$2.0K$0-$2.0K-$4.0KAssets 2013: $2,221Liabilities 2013: $0Net Assets 2013: $2,2212013Assets 2014: $1,128Liabilities 2014: $0Net Assets 2014: $1,1282014Assets 2015: $913Liabilities 2015: $0Net Assets 2015: $9132015Assets 2016: $466Liabilities 2016: $0Net Assets 2016: $4662016Assets 2017: $389Liabilities 2017: $0Net Assets 2017: $3892017Assets 2018: $562Liabilities 2018: $0Net Assets 2018: $5622018Assets 2019: $378Liabilities 2019: $1,195Net Assets 2019: -$8172019Assets 2020: $620Liabilities 2020: $3,136Net Assets 2020: -$2,5162020

Highlighted filing

2019

Assets$378
Liabilities$1,195
Net Assets-$817

Operations Trend

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

$10K$5.0K$0-$5.0KRevenue 2013: $2,440Expenses 2013: $219Net Income 2013: $2,2212013Revenue 2014: $698Expenses 2014: $1,791Net Income 2014: -$1,0932014Revenue 2015: $2,100Expenses 2015: $2,315Net Income 2015: -$2152015Revenue 2016: $5,532Expenses 2016: $5,979Net Income 2016: -$4472016Revenue 2017: $1,991Expenses 2017: $2,068Net Income 2017: -$772017Revenue 2018: $4,595Expenses 2018: $4,422Net Income 2018: $1732018Revenue 2019: $37Expenses 2019: $1,342Net Income 2019: -$1,3052019Revenue 2020: $734Expenses 2020: $3,628Net Income 2020: -$2,8942020

Highlighted filing

2019

Revenue$37
Expenses$1,342
Net Income-$1,305
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$37
Mission and Program Overview

Mission

To provide online education in the arts

Our purpose is to provide online education in the arts through video classes in virtual arts, music, dance, and theater.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors-$1,195-
Cash and Non-Interest-Bearing Accounts$421$378▼ $43
Land, Buildings, and Equipment, Net$141--
Total Assets$562$378▼ $184
Liabilities
Total Liabilities$0$1,195▲ $1,195
Net Assets / Fund Balance
Unrestricted Net Assets$562$-817▼ $1,379
Total Net Assets Fund Balance$562$-817▼ $1,379
Total Liabilities and Net Assets / Fund Balance$562$378▼ $184

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$1,200$1,200
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jenelle FerrerPresident
Christi Hicks DavisOfficer Emer
Jodi Gritter GilbertOfficer Emer
David MorilloSecretary
Jairo PuelloVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$37
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,342
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
Fees for Services Other$1,181--$1,181
Fees for Services Accounting$100--$100
Office Expenses$61--$61
Total Functional Expenses$1,342$0$0$1,342
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Joanna LoanDirectorTo Pay VendorNo$1,369

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$1,195-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Jenelle ferrer 3190 howard avenue oviedo, fl 32765 jairo puello 403 hill lane mauldin, sc 29662 david morillo 3205 berridge lane orlando, fl 32812 jodi gritter gilbert 2050 newman crossing blvd 7710 newnan, ga 30265 christi hicks davis 3909 wisconsin avenue tampa, fl 33616

Form 990, Page 6, Part VI, Line 11B

The tax preparer reads the data provided by the bookkeeper and proposes adjustments. The ceo approves reviews the financial statements and adjustments prior to the preparation of the tax return and reviews a draft of the tax return prior to final preparation for filing. The board members are provided copies of what is intended to be the tax return prior to filing for comments, questions, corrections or changes.

Form 990, Page 6, Part VI, Line 12C

3.4 violations of the conflicts of interest policy (a) if the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. (b) if, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Page 6, Part VI, Line 19

Made available upon request.

Filing and Contact Details

Filer

Filer Name
World Upside Down Inc
EIN
46-1938697
Phone
4074011568
Address
3190 HOWARD AVENUE, OVIEDO, FL 32765

Signing Officer

Name
Jenelle Ferrer
Title
President
Phone
4074011568
Signed
2019-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jenelle Ferrer
Formed
2013
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Ledgerplus
Address
150 S UNIVERSITY DR STE C, PLANTATION, FL 33324
Preparer
Paul Franson
Phone
9544729144
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Our purpose is to provide online education in the arts through video classes in virtual arts, music, dance, and theater.

Form 990, Part IX, Line 11G

Web site development 1,181 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference -74

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR PURPOSE IS TO PROVIDE ONLINE EDUCATION IN THE ARTS THROUGH VIDEO CLASSES IN VIRTUAL ARTS, MUSIC, DANCE, AND THEATER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JENELLE FERRER 3190 HOWARD AVENUE OVIEDO, FL 32765 JAIRO PUELLO 403 HILL LANE MAULDIN, SC 29662 DAVID MORILLO 3205 BERRIDGE LANE ORLANDO, FL 32812 JODI GRITTER GILBERT 2050 NEWMAN CROSSING BLVD 7710 NEWNAN, GA 30265 CHRISTI HICKS DAVIS 3909 WISCONSIN AVENUE TAMPA, FL 33616
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX PREPARER READS THE DATA PROVIDED BY THE BOOKKEEPER AND PROPOSES ADJUSTMENTS. THE CEO APPROVES REVIEWS THE FINANCIAL STATEMENTS AND ADJUSTMENTS PRIOR TO THE PREPARATION OF THE TAX RETURN AND REVIEWS A DRAFT OF THE TAX RETURN PRIOR TO FINAL PREPARATION FOR FILING. THE BOARD MEMBERS ARE PROVIDED COPIES OF WHAT IS INTENDED TO BE THE TAX RETURN PRIOR TO FILING FOR COMMENTS, QUESTIONS, CORRECTIONS OR CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33.4 VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY (A) IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. (B) IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MADE AVAILABLE UPON REQUEST.
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORLD UPSIDE DOWN INC
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0461938697
ReturnHeader/Filer/PhoneNum04074011568
ReturnHeader/Filer/USAddress/AddressLine1Txt03190 HOWARD AVENUE
ReturnHeader/Filer/USAddress/CityNm0OVIEDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032765
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05E9E1E1DDBEDA1D2D40C8FCE3ABBE1A25E1006F1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05E9E1E1DDBEDA1D2D40C8FCE3ABBE1A25E1006F1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.57.52.104
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:37:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650827335
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEDGERPLUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 S UNIVERSITY DR STE C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PLANTATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033324
ReturnHeader/PreparerPersonGrp/PhoneNum09544729144
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL FRANSON
ReturnHeader/ReturnTs02019-11-15T13:37:16-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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