Civic Intelligence

Impact One Initiative Incorporated

990EZ • Fiscal year 2016 • EIN 46-3542370

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

601 BroadwayPaducah, KY 42001

(270) 559-5663

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

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

Top Officer Pay

86th percentile

$30,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 32.6% of source-year revenue.

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

Asset Growth

88th percentile

68%

Faster asset growth than 88% of similar nonprofits.

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

Revenue Growth

84th percentile

42%

Faster revenue growth than 84% of similar nonprofits.

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

Assets

Up

$78,143

Up $31,642 (+68%) from 2015

Net Assets

Up

$77,762

Up $31,643 (+69%) from 2015

Liabilities

Down

$381

Down $1 (-0.3%) from 2015

Revenue

Up

$92,081

Up $27,199 (+42%) from 2015

Expenses

Up

$61,930

Up $7,130 (+13%) from 2015

Net Income

Up

$30,151

Up $20,069 (+199%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2014: $36,161Liabilities 2014: $382Net Assets 2014: $35,7792014Assets 2015: $46,501Liabilities 2015: $382Net Assets 2015: $46,1192015Assets 2016: $78,143Liabilities 2016: $381Net Assets 2016: $77,7622016Assets 2017: $76,796Liabilities 2017: $4452017Assets 2019: $49,217Liabilities 2019: $789Net Assets 2019: $48,4282019Assets 2020: $87,917Liabilities 2020: $7872020Assets 2021: $75,029Liabilities 2021: $720Net Assets 2021: $74,3092021Assets 2022: $53,833Liabilities 2022: $445Net Assets 2022: $53,3882022Assets 2023: $159,207Liabilities 2023: $5082023Assets 2024: $126,897Liabilities 2024: $508Net Assets 2024: $126,3892024

Highlighted filing

2016

Assets$78,143
Liabilities$381
Net Assets$77,762

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $56,354Expenses 2014: $33,805Net Income 2014: $22,5492014Revenue 2015: $64,882Expenses 2015: $54,800Net Income 2015: $10,0822015Revenue 2016: $92,081Expenses 2016: $61,930Net Income 2016: $30,1512016Revenue 2017: $110,837Expenses 2017: $114,480Net Income 2017: -$3,6432017Revenue 2019: $133,888Expenses 2019: $153,766Net Income 2019: -$19,8782019Revenue 2020: $115,665Expenses 2020: $76,651Net Income 2020: $39,0142020Revenue 2021: $194,015Expenses 2021: $206,632Net Income 2021: -$12,6172021Revenue 2022: $115,569Expenses 2022: $135,235Net Income 2022: -$19,6662022Revenue 2023: $190,811Expenses 2023: $85,588Net Income 2023: $105,2232023Revenue 2024: $133,111Expenses 2024: $165,104Net Income 2024: -$31,9932024

Highlighted filing

2016

Revenue$92,081
Expenses$61,930
Net Income$30,151
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$92,081
Mission and Program Overview

Mission

See schedule o for detail description

The corporation is being formed to raise awareness regarding issues of education in africa, particularly zambia. The corporation will engage in connecting interested parties, such as private individuals, various schools, organizations, and community groups within the united states to existing community schools within zambia for the purpose of cultural learning and exchange through an existing nonprofit organization registered in zambia. The corporation will also engage in raising financial and material support for existing schools within zambia, as well as engaging volunteers to build the capacity of the schools through training and mentoring thereby assisting in providing a quality education for children and impacting the community.

Program Services

DescriptionGrantsExpenses
THE CORPORATION IS RAISING AWARENESS REGARDING ISSUES OF EDUCATION ZAMBIA. THE CORPORATION IS ENGAGING AND CONNECTING INTERESTED PARTIES, SUCH AS PRIVATE INDIVIDUALS, VARIOUS SCHOOLS, ORGANIZATIONS, AND COMMUNITY GROUPS WITHIN THE UNITED STATES TO EXISTING COMMUNITY SCHOOLS WITHIN ZAMBIA FOR THE PURPOSE OF CULTURAL LEARNING AND EXCHANGE THROUGH AN EXISTING NONPROFIT ORGANIZATION REGISTERED IN ZAMBIA. THE CORPORATION IS ENGAGING VOLUNTEERS TO BUILD THE CAPACITY OF THE SCHOOLS THROUGH TRAINING AND MENTORING THEREBY ASSISTING IN PROVIDING A QUALITY EDUCATION FOR CHILDREN AND IMPACTING THE COMMUNITY.-$55,354
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WHITNEY MORREAUPresidentFT$30,000-$30,000
SHAWN TURNERTreasurer-$0--
KLISTA STORTSVP / Secreta-$0--
Filing and Contact Details

Filer

Filer Name
Impact One Initiative Incorporated
EIN
46-3542370
Phone
2705595663
Address
601 BROADWAY, PADUCAH, KY 42001

Signing Officer

Name
Whitney Morreau
Title
President
Phone
2705595663
Signed
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Taylor Group Pllc
Address
1574 JEFFERSON ST, PADUCAH, KY 42001
Preparer
T Scott Taylor CPA Abv Cff
Phone
2704435722
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Impact one - lusaka, zambia school programs 10,000 601 broadway paducah ky 42001

Form 990-ez, Part I, Line 16

Brunch for impact one domestic travel costs 640 bbq on the river reg fee 300 cost of goods sold 309 expenses paypal / rally processing cos 312 banners and brochures 190 office expense 372 bank service charges 324 telephone / internet 417 air travel - rhodes 3,726 air travel - whitney 1,828 fuel / automobile costs 3,519 vehicle rental 531 training / capacity building 874 property insurance 650 annual ky reg fee 15 currency conv costs 304 general expenses 421 facillitator allowance 183 education program support 578 non-investment depreciation 3,144 total 18,637

Form 990-ez, Part I, Line 20

Book / tax depreciation difference 1,492

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 2,731 2,949 2,283 16,054 less accumulated depreciation 629 2,281 total 4,385 16,722

Form 990-ez, Part II, Line 26

Payroll taxes payable 382 381

Form 990-ez, Part III

The corporation is being formed to raise awareness regarding issues of education in africa, particularly zambia. The corporation will engage in connecting interested parties, such as private individuals, various schools, organizations, and community groups within the united states to existing community schools within zambia for the purpose of cultural learning and exchange through an existing nonprofit organization registered in zambia. The corporation will also engage in raising financial and material support for existing schools within zambia, as well as engaging volunteers to build the capacity of the schools through training and mentoring thereby assisting in providing a quality education for children and impacting the community.

Form 990-ez, Part III, Line 28

The corporation is raising awareness regarding issues of education zambia. The corporation is engaging and connecting interested parties, such as private individuals, various schools, organizations, and community groups within the united states to existing community schools within zambia for the purpose of cultural learning and exchange through an existing nonprofit organization registered in zambia. The corporation is engaging volunteers to build the capacity of the schools through training and mentoring thereby assisting in providing a quality education for children and impacting the community.

Raw XML Appendix146 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/ExplanationTxt0IMPACT ONE - LUSAKA, ZAMBIA SCHOOL PROGRAMS 10,000 601 BROADWAY PADUCAH KY 42001
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BRUNCH FOR IMPACT ONE DOMESTIC TRAVEL COSTS 640 BBQ ON THE RIVER REG FEE 300 COST OF GOODS SOLD 309 EXPENSES PAYPAL / RALLY PROCESSING COS 312 BANNERS AND BROCHURES 190 OFFICE EXPENSE 372 BANK SERVICE CHARGES 324 TELEPHONE / INTERNET 417 AIR TRAVEL - RHODES 3,726 AIR TRAVEL - WHITNEY 1,828 FUEL / AUTOMOBILE COSTS 3,519 VEHICLE RENTAL 531 TRAINING / CAPACITY BUILDING 874 PROPERTY INSURANCE 650 ANNUAL KY REG FEE 15 CURRENCY CONV COSTS 304 GENERAL EXPENSES 421 FACILLITATOR ALLOWANCE 183 EDUCATION PROGRAM SUPPORT 578 NON-INVESTMENT DEPRECIATION 3,144 TOTAL 18,637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOOK / TAX DEPRECIATION DIFFERENCE 1,492
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PREPAID EXPENSES AND DEFERRED CHARGES 2,731 2,949 2,283 16,054 LESS ACCUMULATED DEPRECIATION 629 2,281 TOTAL 4,385 16,722
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYROLL TAXES PAYABLE 382 381
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CORPORATION IS BEING FORMED TO RAISE AWARENESS REGARDING ISSUES OF EDUCATION IN AFRICA, PARTICULARLY ZAMBIA. THE CORPORATION WILL ENGAGE IN CONNECTING INTERESTED PARTIES, SUCH AS PRIVATE INDIVIDUALS, VARIOUS SCHOOLS, ORGANIZATIONS, AND COMMUNITY GROUPS WITHIN THE UNITED STATES TO EXISTING COMMUNITY SCHOOLS WITHIN ZAMBIA FOR THE PURPOSE OF CULTURAL LEARNING AND EXCHANGE THROUGH AN EXISTING NONPROFIT ORGANIZATION REGISTERED IN ZAMBIA. THE CORPORATION WILL ALSO ENGAGE IN RAISING FINANCIAL AND MATERIAL SUPPORT FOR EXISTING SCHOOLS WITHIN ZAMBIA, AS WELL AS ENGAGING VOLUNTEERS TO BUILD THE CAPACITY OF THE SCHOOLS THROUGH TRAINING AND MENTORING THEREBY ASSISTING IN PROVIDING A QUALITY EDUCATION FOR CHILDREN AND IMPACTING THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CORPORATION IS RAISING AWARENESS REGARDING ISSUES OF EDUCATION ZAMBIA. THE CORPORATION IS ENGAGING AND CONNECTING INTERESTED PARTIES, SUCH AS PRIVATE INDIVIDUALS, VARIOUS SCHOOLS, ORGANIZATIONS, AND COMMUNITY GROUPS WITHIN THE UNITED STATES TO EXISTING COMMUNITY SCHOOLS WITHIN ZAMBIA FOR THE PURPOSE OF CULTURAL LEARNING AND EXCHANGE THROUGH AN EXISTING NONPROFIT ORGANIZATION REGISTERED IN ZAMBIA. THE CORPORATION IS ENGAGING VOLUNTEERS TO BUILD THE CAPACITY OF THE SCHOOLS THROUGH TRAINING AND MENTORING THEREBY ASSISTING IN PROVIDING A QUALITY EDUCATION FOR CHILDREN AND IMPACTING THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAYLOR GROUP PLLC
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0T SCOTT TAYLOR CPA ABV CFF
ReturnHeader/ReturnTs02017-05-15T18:57:03-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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