Civic Intelligence

Impact One Initiative Incorporated

990EZ • Fiscal year 2021 • EIN 46-3542370

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 01, 2022

6424 Barberry DrPaducah, KY 42001

(270) 444-6276

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

27th percentile

-6.5%

Higher net margin than 27% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

88th percentile

$33,500

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

22nd percentile

-15%

Faster asset growth than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

80th percentile

68%

Faster revenue growth than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$75,029

Down $12,888 (-15%) from 2020

Net Assets

$74,309

No earlier filing loaded for comparison.

Liabilities

Down

$720

Down $67 (-8.5%) from 2020

Revenue

Up

$194,015

Up $78,350 (+68%) from 2020

Expenses

Up

$206,632

Up $129,981 (+170%) from 2020

Net Income

Down

-$12,617

Down $51,631 (-132%) from 2020

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

2021

Assets$75,029
Liabilities$720
Net Assets$74,309

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

2021

Revenue$194,015
Expenses$206,632
Net Income-$12,617
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 1, 2022
Return Version
2021v4.2
Gross Receipts
$199,541
Mission and Program Overview

Mission

See schedule o for detail description

Program Services

DescriptionGrantsExpenses
THE CORPORATION IS RAISING AWARENESS REGARDING ISSUES OF EDUCATION IN ZAMBIA. THE CORPORATION IS PROVIDING TRAINING AND EDUCATION RESOURCES AND FACILITIES FOR THE LOCAL SCHOOLS.$140,000$6,519
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WHITNEY MORREAUPresidentFT$33,500-$33,500
SHAWN TURNERTreasurer-$0--
KLISTA STORTSVP Secretary-$0--
BETH SALESBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tourn$15,046$15,046$2,268$12,778
Total Events$15,046$15,046$5,526$9,520
Filing and Contact Details

Filer

Filer Name
Impact One Initiative
EIN
46-3542370
Address
6424 BARBERRY DR, PADUCAH, KY 42001

Signing Officer

Name
Whitney Morreau
Title
President
Phone
2705595663
Signed
2022-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Taylor Group PLLC
Address
1574 Jefferson St, Paducah, KY 42001
Preparer
T Scott Taylor CPA
Phone
2704435722
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description amountcontributed accounting services 1,000

List of grants and similar amounts paid Part I line 10

Activity library and school programs grantee impact one initative - zambia street 601 broadway city, state, zip paducah, ky 42001relationship affiliate amount 140,000

Description of other expenses Part I line 16

Description amountdepreciation from 4562 1,356paypal / rally processing costs 571office expense 119annual filing fee - ky 25telephone / internet service 256rounding adj 1fuel / automobile costs 13advertising costs 108bank charges and fees (2)education program support 491resource center funding 718travel expense 4,682currency conversion costs 10donor management software 228general expense 2

Other changes in net assets or fund balances Part I line 20

Description amountbook / tax diff - depreciation (204)

Description of other assets Part II line 24

Category beginning of year end of yearprepaid expenses and def chgs 4,033 3,537equipment and vehicles, net 7,202 6,741

Description of total liabilities Part II line 26

Category beginning of year end of yearpayroll taxes payable 787 720

Raw XML Appendix188 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/BooksInCareOfDetail/PhoneNum02704446276
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt0-204
IRS990EZ/OtherExpensesTotalAmt08578
IRS990EZ/OtherRevenueTotalAmt01000
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O FOR DETAIL DESCRIPTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE CORPORATION IS RAISING AWARENESS REGARDING ISSUES OF EDUCATION IN ZAMBIA. THE CORPORATION IS PROVIDING TRAINING AND EDUCATION RESOURCES AND FACILITIES FOR THE LOCAL SCHOOLS.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0127165
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05526
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTCONTRIBUTED ACCOUNTING SERVICES 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY LIBRARY AND SCHOOL PROGRAMS GRANTEE IMPACT ONE INITATIVE - ZAMBIA STREET 601 BROADWAY CITY, STATE, ZIP PADUCAH, KY 42001RELATIONSHIP AFFILIATE AMOUNT 140,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTDEPRECIATION FROM 4562 1,356PAYPAL / RALLY PROCESSING COSTS 571OFFICE EXPENSE 119ANNUAL FILING FEE - KY 25TELEPHONE / INTERNET SERVICE 256ROUNDING ADJ 1FUEL / AUTOMOBILE COSTS 13ADVERTISING COSTS 108BANK CHARGES AND FEES (2)EDUCATION PROGRAM SUPPORT 491RESOURCE CENTER FUNDING 718TRAVEL EXPENSE 4,682CURRENCY CONVERSION COSTS 10DONOR MANAGEMENT SOFTWARE 228GENERAL EXPENSE 2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION AMOUNTBOOK / TAX DIFF - DEPRECIATION (204)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CATEGORY BEGINNING OF YEAR END OF YEARPREPAID EXPENSES AND DEF CHGS 4,033 3,537EQUIPMENT AND VEHICLES, NET 7,202 6,741
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL TAXES PAYABLE 787 720
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WHITNEY MORREAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02705595663
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IMPACT ONE INITIATIVE
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ReturnHeader/Filer/EIN0463542370
ReturnHeader/Filer/USAddress/AddressLine1Txt06424 BARBERRY DR
ReturnHeader/Filer/USAddress/CityNm0PADUCAH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042001
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452660775
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Taylor Group PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01574 Jefferson St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Paducah
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042001
ReturnHeader/PreparerPersonGrp/PhoneNum02704435722
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0T Scott Taylor CPA
ReturnHeader/ReturnTs02022-11-10T11:13:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WHITNEY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORREAU
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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