Civic Intelligence

Iniciativa Guatemala

990EZ • Fiscal year 2016 • EIN 46-2742791

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 04, 2017

4113 Rectortown RdMarshall, VA 20115

(540) 605-4005

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

46th percentile

1.4%

Higher net margin than 46% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$26,400

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 37.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

48th percentile

0.7%

Faster asset growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

81st percentile

34%

Faster revenue growth than 81% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$29,266

Down $8,016 (-22%) from 2014

Net Assets

Down

$28,899

Down $7,990 (-22%) from 2014

Liabilities

Down

$367

Down $26 (-6.6%) from 2014

Revenue

Down

$71,317

Down $5,227 (-6.8%) from 2014

Expenses

Up

$70,350

Up $29,529 (+72%) from 2014

Net Income

Down

$967

Down $34,756 (-97%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $37,282Liabilities 2014: $393Net Assets 2014: $36,8892014Assets 2016: $29,266Liabilities 2016: $367Net Assets 2016: $28,8992016Assets 2017: $27,679Liabilities 2017: $367Net Assets 2017: $27,3122017Assets 2018: $53,527Liabilities 2018: $367Net Assets 2018: $53,1602018Assets 2019: $99,878Liabilities 2019: $4,870Net Assets 2019: $95,0082019Assets 2020: $111,557Liabilities 2020: $902Net Assets 2020: $110,6552020Assets 2021: $148,536Liabilities 2021: $2,603Net Assets 2021: $145,9332021Assets 2024: $277,907Liabilities 2024: $45,086Net Assets 2024: $232,8212024

Highlighted filing

2016

Assets$29,266
Liabilities$367
Net Assets$28,899

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $76,544Expenses 2014: $40,821Net Income 2014: $35,7232014Revenue 2016: $71,317Expenses 2016: $70,350Net Income 2016: $9672016Revenue 2017: $80,103Expenses 2017: $81,690Net Income 2017: -$1,5872017Revenue 2018: $104,293Expenses 2018: $78,445Net Income 2018: $25,8482018Revenue 2019: $150,791Expenses 2019: $108,943Net Income 2019: $41,8482019Revenue 2020: $155,469Expenses 2020: $139,822Net Income 2020: $15,6472020Revenue 2021: $196,176Expenses 2021: $160,898Net Income 2021: $35,2782021Revenue 2024: $508,728Expenses 2024: $500,806Net Income 2024: $7,9222024

Highlighted filing

2016

Revenue$71,317
Expenses$70,350
Net Income$967
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 4, 2017
Return Version
2016v3.0
Gross Receipts
$71,317
Mission and Program Overview

Mission

Schedule O

Program Services

DescriptionGrantsExpenses
Other program services-$29,471
Iniciativa Guatemala works within at-risk communities to identify youth-at-risk that are not enrolled in school Please see Schedule O for more-$25,619
Iniciativa supports staff and infrastructure for psychology a family counselling programs for youth-at-risk and their families Please see Schedule O for more-$10,052
Iniciativa supports a safe home for children that have suffered from abandonment neglect and dire circumstances Please see Schedule O for more-$6,207
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gregory LowdenDirector And PresidentFT$26,400-$26,400
John SweeneyDirector-$0--
Thomas RawlingsDirector-$0--
Benjamin DavenportTreasurer-$0--
GARY LOWDENSecretary-$0--
RICARDO FROHMADERDirector-$0--
Abigail AkreDirector-$0--
Filing and Contact Details

Filer

Filer Name
Iniciativa Guatemala
EIN
46-2742791
Address
4113 Rectortown Rd, Marshall, VA 20115

Signing Officer

Name
Greg Lowden
Title
President
Phone
5406054005
Signed
2017-04-04
Discuss with paid preparer
No

Preparer

Firm
My Personal Tax CPA LLC
Address
5802 Falls Gate Court, Falls Church, VA 22041
Preparer
Ramin Mohammad
Phone
7038555401
Supplemental Narrative

Additional Explanations

General explanation attachment

FORM 990 EZ PART III, PRIMARY PURPOSEIniciativa Guatemala seeks long-term solutions to the poverty and violence cycle that affects Guatemala, focusing on ways to provide holistic care for youth-at-risk and economic opportunity for underprivileged areas.FORM 990 EZ PART III, Exempt Purpose Achievement Line 28Iniciativa works within at-risk communities to identify youth-at-risk that are not enrolled in school or lack the resources to continue education. Our educational programs are tailored for children that have previously dropped out of school, been expelled, never studied or suffer financial hardship. We combine curriculum and tutoring to deliver an educational program that meets these children where they are. We provide high school scholarships for those that would not be ab FORM 990 EZ PART III, Exempt Purpose Achievement Line 29Iniciativa supports a safe home for children that have suffered from abandonment, neglect, and dire circumstances. Iniciativa has managed to establish the safe home with local partners in Guatemala to provide a loving family for children that have no suitable alternative. Support goes towards childcare and supplies in the home. FORM 990 EZ PART III, Exempt Purpose Achievement Line 30Iniciativa supports a safe home for children that have suffered from abandonment, neglect, and dire circumstances. Iniciativa has managed to establish the safe home with local partners in Guatemala to provide a loving family for children that have no suitable alternative. Support goes towards childcare and supplies in the home.

Description of other expenses Part I line 16

Description AmountBANK CHARGES 1,237Inventory Obsolescence 2,187TAXES AND LICENSES 52Other 453GEN AND ADMIN 226PROGRAM EXPENSES 32,569WEBPAGE 496QUICKBOOKS 659TRAVEL 320

Description of other assets Part II line 24

Category Beginning of Year End of YearInventory 1,894 0Fixed 1,141 1,235

Description of total liabilities Part II line 26

Category Beginning of Year End of YearDIRECT DEPOSIT PAYABLE 110 0PAYROLL LIAB 294 367

Other program services Part III line 31

FORM 990 EZ PART III, Exempt Purpose Achievement Line 31Iniciativa stimulates economic opportunity in poverty stricken areas by engaging in projects that can bring market access to people living in underprivileged communities. To date, this program has focused on developing talented producers that live in at-risk areas, including coffee, upcycled glass products, and handmade shoes. We hope to expand this program with vocational training and job placement opportunities. Total Program Costs = $2187 FORM 990 EZ PART III, Exempt Purpose Achievement Line 31Iniciativa provides advisory support, networking, program planning, monitoring and evaluation to local partner organizations in Guatemala that are engaged in the implementation of human development programs partnered with Iniciativa. Total Program Costs = $26283

Changes to governing documents Part V line 34

The organization changes its name to Iniciativa Guatemala and changed the address to 4113 RECTORTOWN ROAD MARSHALL, VA 20115

Raw XML Appendix195 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Iniciativa Guatemala works within at-risk communities to identify youth-at-risk that are not enrolled in school Please see Schedule O for more
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 EZ PART III, PRIMARY PURPOSEIniciativa Guatemala seeks long-term solutions to the poverty and violence cycle that affects Guatemala, focusing on ways to provide holistic care for youth-at-risk and economic opportunity for underprivileged areas.FORM 990 EZ PART III, Exempt Purpose Achievement Line 28Iniciativa works within at-risk communities to identify youth-at-risk that are not enrolled in school or lack the resources to continue education. Our educational programs are tailored for children that have previously dropped out of school, been expelled, never studied or suffer financial hardship. We combine curriculum and tutoring to deliver an educational program that meets these children where they are. We provide high school scholarships for those that would not be ab FORM 990 EZ PART III, Exempt Purpose Achievement Line 29Iniciativa supports a safe home for children that have suffered from abandonment, neglect, and dire circumstances. Iniciativa has managed to establish the safe home with local partners in Guatemala to provide a loving family for children that have no suitable alternative. Support goes towards childcare and supplies in the home. FORM 990 EZ PART III, Exempt Purpose Achievement Line 30Iniciativa supports a safe home for children that have suffered from abandonment, neglect, and dire circumstances. Iniciativa has managed to establish the safe home with local partners in Guatemala to provide a loving family for children that have no suitable alternative. Support goes towards childcare and supplies in the home.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountBANK CHARGES 1,237Inventory Obsolescence 2,187TAXES AND LICENSES 52Other 453GEN AND ADMIN 226PROGRAM EXPENSES 32,569WEBPAGE 496QUICKBOOKS 659TRAVEL 320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearInventory 1,894 0Fixed 1,141 1,235
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearDIRECT DEPOSIT PAYABLE 110 0PAYROLL LIAB 294 367
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 EZ PART III, Exempt Purpose Achievement Line 31Iniciativa stimulates economic opportunity in poverty stricken areas by engaging in projects that can bring market access to people living in underprivileged communities. To date, this program has focused on developing talented producers that live in at-risk areas, including coffee, upcycled glass products, and handmade shoes. We hope to expand this program with vocational training and job placement opportunities. Total Program Costs = $2187 FORM 990 EZ PART III, Exempt Purpose Achievement Line 31Iniciativa provides advisory support, networking, program planning, monitoring and evaluation to local partner organizations in Guatemala that are engaged in the implementation of human development programs partnered with Iniciativa. Total Program Costs = $26283
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization changes its name to Iniciativa Guatemala and changed the address to 4113 RECTORTOWN ROAD MARSHALL, VA 20115
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other program services Part III line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Changes to governing documents Part V line 34
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