Civic Intelligence

Portal

990 • Fiscal year 2018 • EIN 46-2996025

Jan 01, 2018 to Dec 31, 2018 • Filed on May 16, 2019

184 Encino DrivePueblo, CO 81005-2932

(719) 522-3823

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

87th percentile

$30,300

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 20.6% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

91st percentile

109%

Faster asset growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

200%

Faster revenue growth than 96% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$47,718

Up $24,849 (+109%) from 2017

Net Assets

Up

$46,458

Up $24,310 (+110%) from 2017

Liabilities

Up

$1,260

Up $539 (+75%) from 2017

Revenue

Up

$146,883

Up $97,852 (+200%) from 2017

Expenses

Up

$122,573

Up $3,418 (+2.9%) from 2017

Net Income

Up

$24,310

Up $94,434 (+135%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2013: $318,919Liabilities 2013: $1,916Net Assets 2013: $317,0032013Assets 2014: $260,592Liabilities 2014: $4,748Net Assets 2014: $255,8442014Assets 2015: $245,805Liabilities 2015: $20,141Net Assets 2015: $225,6642015Assets 2016: $95,837Liabilities 2016: $3,565Net Assets 2016: $92,2722016Assets 2017: $22,869Liabilities 2017: $721Net Assets 2017: $22,1482017Assets 2018: $47,718Liabilities 2018: $1,260Net Assets 2018: $46,4582018Assets 2019: $55,073Liabilities 2019: $3,119Net Assets 2019: $51,9542019Assets 2020: $25,080Liabilities 2020: $3,216Net Assets 2020: $21,8642020Assets 2021: $23,214Liabilities 2021: $111Net Assets 2021: $23,1032021Assets 2022: $5,693Liabilities 2022: $117Net Assets 2022: $5,5762022Assets 2023: $13,600Liabilities 2023: $216Net Assets 2023: $13,3842023Assets 2024: $13,913Liabilities 2024: $236Net Assets 2024: $13,6772024

Highlighted filing

2018

Assets$47,718
Liabilities$1,260
Net Assets$46,458

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $361,681Expenses 2013: $44,678Net Income 2013: $317,0032013Revenue 2014: $45,507Expenses 2014: $106,666Net Income 2014: -$61,1592014Revenue 2015: $120,589Expenses 2015: $150,769Net Income 2015: -$30,1802015Revenue 2016: $55,015Expenses 2016: $188,407Net Income 2016: -$133,3922016Revenue 2017: $49,031Expenses 2017: $119,155Net Income 2017: -$70,1242017Revenue 2018: $146,883Expenses 2018: $122,573Net Income 2018: $24,3102018Revenue 2019: $130,410Expenses 2019: $124,914Net Income 2019: $5,4962019Revenue 2020: $68,123Expenses 2020: $98,213Net Income 2020: -$30,0902020Revenue 2021: $115,153Expenses 2021: $106,150Net Income 2021: $9,0032021Revenue 2022: $43,877Expenses 2022: $61,603Net Income 2022: -$17,7262022Revenue 2023: $29,489Expenses 2023: $21,681Net Income 2023: $7,8082023Revenue 2024: $14,933Expenses 2024: $14,641Net Income 2024: $2922024

Highlighted filing

2018

Revenue$146,883
Expenses$122,573
Net Income$24,310
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 16, 2019
Return Version
2018v3.1
Gross Receipts
$147,183
Mission and Program Overview

Mission

Portal exists to empower and transform lives of impoverished people in developing countries by developing and providing transportation, tools, and education necessary to realize sustainable incomes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$22,148$46,458▲ $24,310
Cash and Non-Interest-Bearing Accounts$14,494$39,466▲ $24,972
Investments in Publicly Traded Securities$2,516$2,452▼ $64
Total Assets$22,869$47,718▲ $24,849
Other Assets Total$5,859$5,800▼ $59
Liabilities
Other Liabilities$659$1,260▲ $601
Accounts Payable and Accrued Expenses$62--
Total Liabilities$721$1,260▲ $539
Net Assets / Fund Balance
Total Net Assets Fund Balance$22,148$46,458▲ $24,310
Total Liabilities and Net Assets / Fund Balance$22,869$47,718▲ $24,849

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$5,800--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Caleb SpearPresidentFT$30,300$30,300

Board Members and Trustees

NameTitle
Barry SmithDirector
Gordon BranderDirector
Shanelle KindelSecretary
Jim BoltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$75,540
Program Service Revenue
$69,723
Investment Income
$-123
Other Revenue
$1,743
All Other Contributions
$75,540
Change in Net Assets
$24,310
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$45,932
Salaries, Compensation, and Employee Benefits$43,491
Other Expenses$33,150
Total Fundraising Expense$398
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$45,932--$45,932
Other Salaries and Wages-$40,400-$40,400
Fees for Services Other$21,475--$21,475
Payroll Taxes-$3,091-$3,091
Insurance-$2,873-$2,873
Office Expenses-$2,394-$2,394
Fees for Services Accounting-$2,116-$2,116
Advertising--$398$398
All Other Expenses$52$66-$118
Fees for Services Legal-$113-$113
Other Expenses-$78-$78
Travel-$72-$72
Total Functional Expenses$67,459$54,716$398$122,573
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,255
Co Dept of Revenue$5
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
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, Page 6, Part VI, Line 2

Caleb spear jim bolton president treasurer family-in-law relationship

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

Form 990 reviewed by caleb spear (president) and by j. Hugh jones (general counsel). Distributed to all directors.

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

Disclosure as to any conflict of interest (or confirmation that there are not any conflicts of interests) must be made annually in writing by all officers and directors, and responsible individuals. In the event that a conflict of interest arises that has not been previously disclosed, the responsible individual shall disclose such conflict of interest as soon as possible. All information disclosed shall remain on file in the corporate records of the organization.

Form 990, Page 6, Part VI, Line 15A

The compensation, if any, of each officer shall be as determined from time to time by the board of directors, or by an officer or a committee to which such authority has been delegated by the board of directors. To the extent reasonably feasible, the person or persons determining compensation shall obtain data on the comepnsation of officers holding similar positions of authority within comparable organizations, shall set the compensation based on such data and an evaluation of the position, and shall document the basis for the determination including the comparison data used, the requirements of the position, and the evaluation of the officer's performance and experience.

Form 990, Page 6, Part VI, Line 15B

The compensation, if any, of each officer shall be as determined from time to time by the board of directors, or by an officer or a committee to which such authority has been delegated by the board of directors. To the extent reasonably feasible, the person or persons determining compensation shall obtain data on the comepnsation of officers holding similar positions of authority within comparable organizations, shall set the compensation based on such data and an evaluation of the position, and shall document the basis for the determination including the comparison data used, the requirements of the position, and the evaluation of the officer's performance and experience.

Form 990, Page 6, Part VI, Line 19

The policy of the organization is to make its articles of incorporation, bylaws, and conflict of interest policy, available upon request.

Filing and Contact Details

Filer

Filer Name
Portal
EIN
46-2996025
Address
184 ENCINO DRIVE, PUEBLO, CO 81005-2932

Signing Officer

Name
Caleb Spear
Title
President
Signed
2019-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Caleb Spear
Formed
2013
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
4
Employees
2

Preparer

Firm
The Tax Company LLC
Address
3102 SW MAHOGANY AVE, BENTONVILLE, AR 72713
Preparer
Mitchel Schiff
Phone
7195223823
Supplemental Narrative

Additional Explanations

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

In 2018 portals work remained focused on empowering entrepreneurs in nepal and helping people rebuild their homes and lives after nepals 2015 earthquake. In 2018 we saw 93 more cargo bikes on the streets of nepal, empowering dozens of entrepreneurs to grow their incomes as they work to create their own pathways out of poverty. In this process, we continued to provide employment to 14 nepali staff, providing them with living and sustainable wages, daily lunch, paid leave, healthcare, and a retirement savings program. We were also able to launch our bicycles in the us market, utilizing a buy one, empower one model. For each bicycle sold in the usa, we are able to subsidize the price of one bike for an entrepreneur in nepal. As post earthquake rebuilding in nepal continued, we supported the reconstruction of 60 different structures. These ranged from individual homes, to community centers, a primary school, and truss kits for 49 homes located near the epicenter of the 2015 quake. We also supported an ingo working in nepal by fabricating 148 multi-student desks to seat nearly 500 students. We are honored and humbled to be able to serve the people of nepal as they work to create a brighter future for themselves and their country. Our sincerest thanks to everyone who makes this possible. Thank you

Form 990, Part IX, Line 11G

CONTRACTORS 21,475 0 0

Raw XML Appendix359 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/ExplanationTxt0IN 2018 PORTALS WORK REMAINED FOCUSED ON EMPOWERING ENTREPRENEURS IN NEPAL AND HELPING PEOPLE REBUILD THEIR HOMES AND LIVES AFTER NEPALS 2015 EARTHQUAKE. IN 2018 WE SAW 93 MORE CARGO BIKES ON THE STREETS OF NEPAL, EMPOWERING DOZENS OF ENTREPRENEURS TO GROW THEIR INCOMES AS THEY WORK TO CREATE THEIR OWN PATHWAYS OUT OF POVERTY. IN THIS PROCESS, WE CONTINUED TO PROVIDE EMPLOYMENT TO 14 NEPALI STAFF, PROVIDING THEM WITH LIVING AND SUSTAINABLE WAGES, DAILY LUNCH, PAID LEAVE, HEALTHCARE, AND A RETIREMENT SAVINGS PROGRAM. WE WERE ALSO ABLE TO LAUNCH OUR BICYCLES IN THE US MARKET, UTILIZING A BUY ONE, EMPOWER ONE MODEL. FOR EACH BICYCLE SOLD IN THE USA, WE ARE ABLE TO SUBSIDIZE THE PRICE OF ONE BIKE FOR AN ENTREPRENEUR IN NEPAL. AS POST EARTHQUAKE REBUILDING IN NEPAL CONTINUED, WE SUPPORTED THE RECONSTRUCTION OF 60 DIFFERENT STRUCTURES. THESE RANGED FROM INDIVIDUAL HOMES, TO COMMUNITY CENTERS, A PRIMARY SCHOOL, AND TRUSS KITS FOR 49 HOMES LOCATED NEAR THE EPICENTER OF THE 2015 QUAKE. WE ALSO SUPPORTED AN INGO WORKING IN NEPAL BY FABRICATING 148 MULTI-STUDENT DESKS TO SEAT NEARLY 500 STUDENTS. WE ARE HONORED AND HUMBLED TO BE ABLE TO SERVE THE PEOPLE OF NEPAL AS THEY WORK TO CREATE A BRIGHTER FUTURE FOR THEMSELVES AND THEIR COUNTRY. OUR SINCEREST THANKS TO EVERYONE WHO MAKES THIS POSSIBLE. THANK YOU
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CALEB SPEAR JIM BOLTON PRESIDENT TREASURER FAMILY-IN-LAW RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 REVIEWED BY CALEB SPEAR (PRESIDENT) AND BY J. HUGH JONES (GENERAL COUNSEL). DISTRIBUTED TO ALL DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCLOSURE AS TO ANY CONFLICT OF INTEREST (OR CONFIRMATION THAT THERE ARE NOT ANY CONFLICTS OF INTERESTS) MUST BE MADE ANNUALLY IN WRITING BY ALL OFFICERS AND DIRECTORS, AND RESPONSIBLE INDIVIDUALS. IN THE EVENT THAT A CONFLICT OF INTEREST ARISES THAT HAS NOT BEEN PREVIOUSLY DISCLOSED, THE RESPONSIBLE INDIVIDUAL SHALL DISCLOSE SUCH CONFLICT OF INTEREST AS SOON AS POSSIBLE. ALL INFORMATION DISCLOSED SHALL REMAIN ON FILE IN THE CORPORATE RECORDS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION, IF ANY, OF EACH OFFICER SHALL BE AS DETERMINED FROM TIME TO TIME BY THE BOARD OF DIRECTORS, OR BY AN OFFICER OR A COMMITTEE TO WHICH SUCH AUTHORITY HAS BEEN DELEGATED BY THE BOARD OF DIRECTORS. TO THE EXTENT REASONABLY FEASIBLE, THE PERSON OR PERSONS DETERMINING COMPENSATION SHALL OBTAIN DATA ON THE COMEPNSATION OF OFFICERS HOLDING SIMILAR POSITIONS OF AUTHORITY WITHIN COMPARABLE ORGANIZATIONS, SHALL SET THE COMPENSATION BASED ON SUCH DATA AND AN EVALUATION OF THE POSITION, AND SHALL DOCUMENT THE BASIS FOR THE DETERMINATION INCLUDING THE COMPARISON DATA USED, THE REQUIREMENTS OF THE POSITION, AND THE EVALUATION OF THE OFFICER'S PERFORMANCE AND EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION, IF ANY, OF EACH OFFICER SHALL BE AS DETERMINED FROM TIME TO TIME BY THE BOARD OF DIRECTORS, OR BY AN OFFICER OR A COMMITTEE TO WHICH SUCH AUTHORITY HAS BEEN DELEGATED BY THE BOARD OF DIRECTORS. TO THE EXTENT REASONABLY FEASIBLE, THE PERSON OR PERSONS DETERMINING COMPENSATION SHALL OBTAIN DATA ON THE COMEPNSATION OF OFFICERS HOLDING SIMILAR POSITIONS OF AUTHORITY WITHIN COMPARABLE ORGANIZATIONS, SHALL SET THE COMPENSATION BASED ON SUCH DATA AND AN EVALUATION OF THE POSITION, AND SHALL DOCUMENT THE BASIS FOR THE DETERMINATION INCLUDING THE COMPARISON DATA USED, THE REQUIREMENTS OF THE POSITION, AND THE EVALUATION OF THE OFFICER'S PERFORMANCE AND EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE POLICY OF THE ORGANIZATION IS TO MAKE ITS ARTICLES OF INCORPORATION, BYLAWS, AND CONFLICT OF INTEREST POLICY, AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONTRACTORS 21,475 0 0
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/FilingSecurityInformation/IPDt02019-05-16
ReturnHeader/FilingSecurityInformation/IPTm015:15:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454141523
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE TAX COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03102 SW MAHOGANY AVE
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MITCHEL SCHIFF
ReturnHeader/ReturnTs02019-06-04T11:10:08-05:00
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ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$0.15$0.15$0.00
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.13$0.29$0.22$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.00$0.06$0.44$0.62$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$1.15$1.06$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.03$0.22$0.68$0.98$0.30
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.03$0.52$1.30$1.25$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.46$1.47$1.23$0.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.01$0.22$0.49$1.19$0.70
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.04$0.92$0.55$1.88$1.33
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.46$0.20$2.26$1.21$1.51$0.30
2014Detailed filing. Detailed filing data is available for this year.$2.61$0.05$2.56$0.46$1.07$0.61
2013Detailed filing. Detailed filing data is available for this year.$3.19$0.02$3.17$3.62$0.45$3.17