Civic Intelligence

Safety Net Assistance Project Inc.

990 • Fiscal year 2020 • EIN 46-2943436

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 15, 2021

Organization ProfileN/A
8700 COMMERCE PARK DR Room 105Houston, TX 77036

(713) 459-0654

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

90th percentile

55%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

100th percentile

2054000%

Faster asset growth than 100% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$20,541

Up $20,541 from 2019

Net Assets

Up

$20,541

Up $20,541 from 2019

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin90th percentile

Revenue

$37,411

No earlier filing loaded for comparison.

Expenses

$16,870

No earlier filing loaded for comparison.

Net Income

$20,541

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$30K$20K$10K$0Assets 2014: $0Net Assets 2014: $5,6782014Assets 2015: $0Net Assets 2015: $5,8942015Assets 2016: $6,143Liabilities 2016: $02016Assets 2017: $6,143Liabilities 2017: $02017Assets 2018: $6,143Liabilities 2018: $02018Assets 2019: $0Net Assets 2019: $02019Assets 2020: $20,541Liabilities 2020: $0Net Assets 2020: $20,5412020

Highlighted filing

2020

Assets$20,541
Liabilities$0
Net Assets$20,541
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40K$30K$20K$10K$0Revenue 2014: $5,6782014Revenue 2015: $5,8942015Revenue 2016: $3,500Expenses 2016: $3,500Net Income 2016: $02016Revenue 2017: $4,125Expenses 2017: $4,125Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2020: $37,411Expenses 2020: $16,870Net Income 2020: $20,5412020

Highlighted filing

2020

Revenue$37,411
Expenses$16,870
Net Income$20,541
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 15, 2021
Return Version
2020v4.1
Gross Receipts
$37,411
Mission and Program Overview

Mission

Providing housing assitance to indegent and underprivileged

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$20,541-
Total Assets$0$20,541▲ $20,541
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$20,541-
Total Net Assets Fund Balance$0$20,541▲ $20,541
Total Liabilities and Net Assets / Fund Balance$0$20,541▲ $20,541
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Anthony IgweDirector
Carol WillieDirector
Gertrude OkaforDirector
Krishna Smith BowersDirector
Mercy AdeduntanDirector
Valerie AtaraDirector
Frances Okafor-emezueExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$37,400
Program Service Revenue
$0
Investment Income
$11
Other Revenue
$0
All Other Contributions
$2,500
Change in Net Assets
$20,541
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$14,500
Other Expenses$2,370
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$14,500--$14,500
Office Expenses-$2,370-$2,370
Total Functional Expenses$14,500$2,370$0$16,870
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
Business relationship with 35% controlled entity
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
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
Filing and Contact Details

Filer

Filer Name
Safety Net Assistance Project Inc
EIN
46-2943436
Address
8700 COMMERCE PARK DR Room 105, HOUSTON, TX 77036

Signing Officer

Name
Frances Okafor-emezue
Title
Executive Director
Phone
7134590654
Signed
2021-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frances Okafor
Formed
2013
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Olusegun B Awotesu CPA Pc
Address
8700 COMMERCE PARK DR STE 201, HOUSTON, TX 77036
Preparer
Olusegun B Awotesu CPA
Phone
7134846046
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

“N/A”

Raw XML Appendix300 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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,541
Liabilities
$0
Net assets
$20,541
Revenue
$37,411
Expenses
$16,870
Net income
$20,541
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$20.5$0.00$20.5$37.4$16.9$20.5
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00
2018Summary only. Only limited summary data is available for this year.$6.14$0.00$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$6.14$0.00$4.13$4.13$0.00
2016Summary only. Only limited summary data is available for this year.$6.14$0.00$3.50$3.50$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.00$5.89$5.89
2014Detailed filing. Detailed filing data is available for this year.$0.00$5.68$5.68