Civic Intelligence

People Power Initiatives Inc

EIN 46-2592029 • 501(c)3 • Burlington, VT

Profile

Charitable and educational programs and initiatives to foster and promote economic and social justice.

191 Bank StreetBurlington, VT 05401
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.17x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.05x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

57th percentile

5.2%

Higher net margin than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

75th percentile

20%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-58%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$126,025

Up $20,587 (+20%) from 2023

Liabilities

Down

$21,804

Down $2,273 (-9.4%) from 2023

Net Assets

Up

$104,221

Up $22,860 (+28%) from 2023

Revenue

Down

$437,764

Down $608,688 (-58%) from 2023

Expenses

Down

$414,904

Down $560,427 (-57%) from 2023

Net Income

Down

$22,860

Down $48,261 (-68%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2014: $166,684Liabilities 2014: $12,350Net Assets 2014: $154,3342014Assets 2015: $78,260Liabilities 2015: $13,673Net Assets 2015: $64,5872015Assets 2016: $39,874Liabilities 2016: $6,132Net Assets 2016: $33,7422016Assets 2017: $51,448Liabilities 2017: $4,402Net Assets 2017: $47,0462017Assets 2018: $71,899Liabilities 2018: $17,520Net Assets 2018: $54,3792018Assets 2019: $49,069Liabilities 2019: $26,843Net Assets 2019: $22,2262019Assets 2020: $298,808Liabilities 2020: $174,507Net Assets 2020: $124,3012020Assets 2021: $115,374Liabilities 2021: $77,420Net Assets 2021: $37,9542021Assets 2022: $88,332Liabilities 2022: $78,092Net Assets 2022: $10,2402022Assets 2023: $105,438Liabilities 2023: $24,077Net Assets 2023: $81,3612023Assets 2024: $126,025Liabilities 2024: $21,804Net Assets 2024: $104,2212024

Highlighted filing

2024

Assets$126,025
Liabilities$21,804
Net Assets$104,221

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2014: $458,007Expenses 2014: $366,641Net Income 2014: $91,3662014Revenue 2015: $448,424Expenses 2015: $538,171Net Income 2015: -$89,7472015Revenue 2016: $225,762Expenses 2016: $256,607Net Income 2016: -$30,8452016Revenue 2017: $191,601Expenses 2017: $178,297Net Income 2017: $13,3042017Revenue 2018: $130,871Expenses 2018: $123,538Net Income 2018: $7,3332018Revenue 2019: $240,002Expenses 2019: $272,155Net Income 2019: -$32,1532019Revenue 2020: $563,116Expenses 2020: $461,041Net Income 2020: $102,0752020Revenue 2021: $782,081Expenses 2021: $868,428Net Income 2021: -$86,3472021Revenue 2022: $844,548Expenses 2022: $872,262Net Income 2022: -$27,7142022Revenue 2023: $1,046,452Expenses 2023: $975,331Net Income 2023: $71,1212023Revenue 2024: $437,764Expenses 2024: $414,904Net Income 2024: $22,8602024

Highlighted filing

2024

Revenue$437,764
Expenses$414,904
Net Income$22,860

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.02$0.10$0.44$0.41$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.02$0.08$1.05$0.98$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.08$0.01$0.84$0.87$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.08$0.04$0.78$0.87$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.17$0.12$0.56$0.46$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.03$0.02$0.24$0.27$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.02$0.05$0.13$0.12$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.19$0.18$0.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.03$0.23$0.26$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.01$0.06$0.45$0.54$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.15$0.46$0.37$0.09
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 7, 2017
Return Version
2016v3.0
Gross Receipts
$283,178
Mission and Program Overview

Mission

Charitable and educational programs and initiatives to foster and promote economic and social justice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$64,587$33,742▼ $30,845
Land, Buildings, and Equipment, Net$28,229$0▼ $28,229
Inventories for Sale or Use$22,035$21,129▼ $906
Cash and Non-Interest-Bearing Accounts$27,996$18,478▼ $9,518
Accounts Receivable-$267-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$78,260$39,874▼ $38,386
Other Assets Total-$0-
Liabilities
Other Liabilities$1,169$6,882▲ $5,713
Accounts Payable and Accrued Expenses$12,504$-750▼ $13,254
Total Liabilities$13,673$6,132▼ $7,541
Net Assets / Fund Balance
Total Net Assets Fund Balance$64,587$33,742▼ $30,845
Total Liabilities and Net Assets / Fund Balance$78,260$39,874▼ $38,386
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ben CohenPresident/Treas
Daniel GoldbergDirector
Judith WicksDirector
Nina TurnerDirector
Richard FoosDirector
Dal LaMagnaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$217,187
Program Service Revenue
$0
Investment Income
$-7,881
Other Revenue
$16,456
All Other Contributions
$217,187
Change in Net Assets
$-30,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$167,720
Salaries, Compensation, and Employee Benefits$88,887
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$80,489$175-$80,664
Other Salaries and Wages$78,225--$78,225
Information Technology$38,524--$38,524
Occupancy$800$9,000-$9,800
Payroll Taxes$6,756--$6,756
All Other Expenses$4,549$1,400-$5,949
Depreciation Depletion$5,648--$5,648
Other Employee Benefits$3,906--$3,906
Travel$1,156$2,229-$3,385
Insurance$1,794$1,534-$3,328
Fees for Services Accounting-$3,118-$3,118
Other Expenses$1,660--$1,660
Office Expenses-$103-$103
Total Functional Expenses$239,048$17,559$0$256,607
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$6,882
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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: Form 990 Review Process

Organization will circulate the 990 to all board members. Board president will review the 990.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

To ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects:a.Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arms length bargaining.b.Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organizations written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.1.Duty to DiscloseIn connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.2.Determining Whether a Conflict of Interest ExistsAfter disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. 3.Procedures for Addressing the Conflict of Interesta.An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leaving the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.b.The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.c.After exercising due diligence, the governing board or committee shall determine whether the Organization can obtain reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.d.If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organizations best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
People Power Initiatives Inc
EIN
46-2592029
Phone
8026510193
Address
191 Bank Street, Burlington, VT 05401

Signing Officer

Name
Ben Cohen
Title
President/Treas
Signed
2017-08-07
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Vt
Voting Board Members
6
Independent Board Members
6
Employees
3

Preparer

Firm
Montgomery & Granai PC
Address
110 Main Street, Burlington, VT 05401-8451
Preparer
Colleen L Montgomery CPA
Phone
8028646565
Supplemental Narrative

Additional Explanations

Changes to Borad of Directors

In December 2016 Nina Turner was added as a board member.

Raw XML AppendixShowing 400 of 414 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization will circulate the 990 to all board members. Board president will review the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1To ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects:a.Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arms length bargaining.b.Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organizations written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.1.Duty to DiscloseIn connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.2.Determining Whether a Conflict of Interest ExistsAfter disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. 3.Procedures for Addressing the Conflict of Interesta.An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leaving the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.b.The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.c.After exercising due diligence, the governing board or committee shall determine whether the Organization can obtain reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.d.If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organizations best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3In December 2016 Nina Turner was added as a board member.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Changes to Borad of Directors
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IRS990/WebsiteAddressTxt0peoplepowerinitiative.org
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Ben Cohen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/Treas
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-07
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ReturnHeader/Filer/BusinessNameControlTxt0PEOP
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