Civic Intelligence

Impact One Initiative Incorporated

990EZ • Fiscal year 2017 • EIN 46-3542370

Jan 01, 2017 to Dec 31, 2017 • Filed on May 21, 2018

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

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

60th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

33rd percentile

-3.3%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

87th percentile

$32,917

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 29.7% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

41st percentile

-1.7%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Flat

$76,796

Flat from 2017

Net Assets

$76,351

No earlier filing loaded for comparison.

Liabilities

Flat

$445

Flat from 2017

Revenue

Flat

$110,837

Flat from 2017

Expenses

Flat

$114,480

Flat from 2017

Net Income

Flat

-$3,643

Flat from 2017

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: $445Net Assets 2017: $76,3512017Assets 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

2017

Assets$76,796
Liabilities$445
Net Assets$76,351

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 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

2017

Revenue$110,837
Expenses$114,480
Net Income-$3,643
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 21, 2018
Return Version
2017v2.3
Gross Receipts
$110,837
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.-$107,771
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WHITNEY MORREAUPresidentFT$32,917-$32,917
SHAWN TURNERTreasurer-$0--
KLISTA STORTSVP / Secreta-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Brunch for Impa$11,515$11,515-$11,515
Total Events$11,515$11,515-$11,515
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
2018-05-21
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 10

Impact one - lusaka, zambia school programs 60,000 601 broadway paducah ky 42001

Form 990-ez, Part I, Line 16

Brunch for impact one cost of goods sold 636 other fundraising events cost of goods sold 886 expenses paypal / rally processing cos 416 office expense 905 bank service charges 67 telephone / internet 1,300 dues & subscriptions - donor 228 air travel - whitney 1,556 fuel / automobile costs 2,412 training / capacity building 1,546 property insurance 581 annual ky reg fee 25 currency conv costs 74 general expenses 406 education program support 2,629 non-investment depreciation 4,602 total 18,269

Form 990-ez, Part I, Line 20

Book / tax depreciation difference 2,232

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 2,949 2,694 16,054 16,054 less accumulated depreciation 2,281 4,651 total 16,722 14,097

Form 990-ez, Part II, Line 26

Payroll taxes payable 381 445

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 Appendix150 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 60,000 601 BROADWAY PADUCAH KY 42001
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BRUNCH FOR IMPACT ONE COST OF GOODS SOLD 636 OTHER FUNDRAISING EVENTS COST OF GOODS SOLD 886 EXPENSES PAYPAL / RALLY PROCESSING COS 416 OFFICE EXPENSE 905 BANK SERVICE CHARGES 67 TELEPHONE / INTERNET 1,300 DUES & SUBSCRIPTIONS - DONOR 228 AIR TRAVEL - WHITNEY 1,556 FUEL / AUTOMOBILE COSTS 2,412 TRAINING / CAPACITY BUILDING 1,546 PROPERTY INSURANCE 581 ANNUAL KY REG FEE 25 CURRENCY CONV COSTS 74 GENERAL EXPENSES 406 EDUCATION PROGRAM SUPPORT 2,629 NON-INVESTMENT DEPRECIATION 4,602 TOTAL 18,269
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOOK / TAX DEPRECIATION DIFFERENCE 2,232
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PREPAID EXPENSES AND DEFERRED CHARGES 2,949 2,694 16,054 16,054 LESS ACCUMULATED DEPRECIATION 2,281 4,651 TOTAL 16,722 14,097
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYROLL TAXES PAYABLE 381 445
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/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0T SCOTT TAYLOR CPA ABV
ReturnHeader/ReturnTs02018-05-21T10:29:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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