Civic Intelligence

Rumie Initiative Inc.

990 • Fiscal year 2017 • EIN 46-3918665

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization Profilerumie.org
51 Louisiana Avenue NWWashington, DC 20001

(437) 886-5423

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • NTEE A68 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

55th percentile

0.00x

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

2017 filings • NTEE A68 • <$500k nonprofits • Source year 2017

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2017 filings • NTEE A68 • <$500k nonprofits • Source year 2017

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2017 filings • NTEE A68 • <$500k nonprofits • Source year 2017

Asset Growth

96th percentile

477%

Faster asset growth than 96% of similar nonprofits.

2017 filings • NTEE A68 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-86%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • NTEE A68 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$13,792

Up $11,402 (+477%) from 2016

Net Assets

Up

$13,792

Up $11,402 (+477%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin100th percentile

Revenue

Down

$11,402

Down $69,209 (-86%) from 2016

Expenses

Down

$0

Down $124,235 (-100%) from 2016

Net Income

Up

$11,402

Up $55,026 (+126%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$400K$300K$200K$100K$0Assets 2014: $70,229Liabilities 2014: $02014Assets 2015: $46,014Liabilities 2015: $10,046Net Assets 2015: $35,9682015Assets 2016: $2,390Liabilities 2016: $0Net Assets 2016: $2,3902016Assets 2017: $13,792Liabilities 2017: $0Net Assets 2017: $13,7922017Assets 2018: $23,169Liabilities 2018: $0Net Assets 2018: $23,1692018Assets 2019: $39,874Liabilities 2019: $0Net Assets 2019: $39,8742019Assets 2020: $47,513Liabilities 2020: $0Net Assets 2020: $47,5132020Assets 2021: $110,541Liabilities 2021: $0Net Assets 2021: $110,5412021Assets 2022: $293,269Liabilities 2022: $0Net Assets 2022: $293,2692022Assets 2023: $313,725Liabilities 2023: $0Net Assets 2023: $313,7252023Assets 2024: $345,661Liabilities 2024: $0Net Assets 2024: $345,6612024

Highlighted filing

2017

Assets$13,792
Liabilities$0
Net Assets$13,792
Open 2017 Filing

Operations Trend

Revenue Growth3rd percentile

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

$300K$200K$100K$0-$100KRevenue 2014: $85,290Expenses 2014: $15,061Net Income 2014: $70,2292014Revenue 2015: $182,167Expenses 2015: $216,943Net Income 2015: -$34,7762015Revenue 2016: $80,611Expenses 2016: $124,235Net Income 2016: -$43,6242016Revenue 2017: $11,402Expenses 2017: $0Net Income 2017: $11,4022017Revenue 2018: $9,377Expenses 2018: $0Net Income 2018: $9,3772018Revenue 2019: $16,892Expenses 2019: $187Net Income 2019: $16,7052019Revenue 2020: $15,300Expenses 2020: $7,661Net Income 2020: $7,6392020Revenue 2021: $96,136Expenses 2021: $33,108Net Income 2021: $63,0282021Revenue 2022: $182,927Expenses 2022: $199Net Income 2022: $182,7282022Revenue 2023: $20,500Expenses 2023: $44Net Income 2023: $20,4562023Revenue 2024: $32,000Expenses 2024: $64Net Income 2024: $31,9362024

Highlighted filing

2017

Revenue$11,402
Expenses$0
Net Income$11,402
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.0
Gross Receipts
$11,402
Mission and Program Overview

Mission

The Rumie Initiative's mission is to enhance access to education for children in developing countries as well as low-income or underprivileged children in developed countries.

The Rumie Initiative's mission is to enhance access to education for children in developing countries as well as low-income/ underprivileged children in developed countries. This is achieved by supporting the provision of low-cost tablets pre-loaded with a library of high-quality educational resources to youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,390$13,792▲ $11,402
Total Assets$2,390$13,792▲ $11,402
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,390$13,792▲ $11,402
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,390$13,792▲ $11,402
Total Liabilities and Net Assets / Fund Balance$2,390$13,792▲ $11,402
Compensation and Service Providers
Top Officer Pay67th percentile

Board Members and Trustees

NameTitle
Javade ChaudhriChair of the Board
Emily FineDirector
Mark JenkinsDirector
Tariq FancyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$11,402
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$11,402
Change in Net Assets
$11,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Board Member Tariq Fancy is the nephew of Board Member Javade Chaudhri.”

Form 990, Part VI, Section A, Line 6

“There are four members of the organization.”

Form 990, Part VI, Section A, Line 7A

“Members are able to vote to appoint new Members and new Directors”

Form 990, Part VI, Section A, Line 8B

“The organization does not have committees”

Form 990, Part VI, Section A, Line 9

“Javade Chaudhri, Jones Day 51 Louisiana Ave, NW, Washington DC 20001-2113, Emily Fine, MHR Fund Management, 1345 Avenue of the Americas, 42nd Floor, New York, NY 10105, Mark Jenkins, The Carlyle Group, 520 Madison Avenue, New York, NY 10022”

Form 990, Part VI, Section B, Line 11B

“The Form 990 is sent to Board Members via email. They review the document and raise any questions with the Chair of the Board.”

Form 990, Part VI, Section B, Line 12C

“The Board members and key employees are asked to review and sign the policy annually. In addition, they review the policy and note any conflicts in advance of every Board meeting.”

Form 990, Part VI, Section C, Line 19

“These documents are available to any members of public that requests the information. Contact details for the organization are found on the organization's website. The organization promptly responds to any requests from the public.”

Filing and Contact Details

Filer

Filer Name
Rumie Initiative Inc
EIN
46-3918665
Phone
4378865423
Address
51 Louisiana Avenue NW, Washington, DC 20001

Signing Officer

Name
Christy Moorhead
Title
COO
Phone
6479296823
Signed
2018-11-15

Organization Details

Principal Officer
Tariq Fancy
Formed
2013
Legal Domicile
De
Voting Board Members
4
Independent Board Members
1
Employees
0
Volunteers
10
Raw XML Appendix328 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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IRS990/ActivityOrMissionDesc0The Rumie Initiative's mission is to enhance access to education for children in developing countries as well as low-income/ underprivileged children in developed countries. This is achieved by supporting the provision of low-cost tablets pre-loaded with a library of high-quality educational resources to youth.
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IRS990/Desc0Organizing the massive array of free, open source educational content available online on the Rumie LearnCloud, a web platform. 13,000 people benefited. This involved funding the build-out of the Rumie LearnCloud web platform, an interactive website where anyone can browse through individual pieces of free learning content or curated collections of learning content organized by LearnCloud users. Rumie's NGO partners, use the LearnCloud to select the learning resources they want for their tablets. Rumie's LearnCloud is a constantly-growing free resource for anyone in the world to learn anything they want, for free. Subjects covered include traditional education, literacy, life skills, career preparation, and more.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Preloading learning content and Rumie software onto low-cost tablets so that they can be used without internet by children without sufficient access to education. 13,000 people benefited. This involved funding the build-out of Rumie OS, and Android launcher that serves as a customizable learning software. Rumie OS organizes learning resources into interactive lesson plans, limits access to pre-approved content, and tracks impact through automatic data analytics.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Delivering low-cost learning tablets to children in underserved or isolated communities around the world. 13,000 people benefited. This involved funding the low-cost tablet hardware that, after being loaded with learning content and the Rumie OS, would serve as a portable and customized library for a child. Rumie facilitates the distribution of these tablets to children around the world through NGO partners.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board Member Tariq Fancy is the nephew of Board Member Javade Chaudhri.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There are four members of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members are able to vote to appoint new Members and new Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization does not have committees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Javade Chaudhri, Jones Day 51 Louisiana Ave, NW, Washington DC 20001-2113, Emily Fine, MHR Fund Management, 1345 Avenue of the Americas, 42nd Floor, New York, NY 10105, Mark Jenkins, The Carlyle Group, 520 Madison Avenue, New York, NY 10022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Form 990 is sent to Board Members via email. They review the document and raise any questions with the Chair of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Board members and key employees are asked to review and sign the policy annually. In addition, they review the policy and note any conflicts in advance of every Board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7These documents are available to any members of public that requests the information. Contact details for the organization are found on the organization's website. The organization promptly responds to any requests from the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section A, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, Line 19
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IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02390
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013792
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011402
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02390
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013792
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02390
IRS990/UnrestrictedNetAssetsGrp/EOYAmt013792
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0rumie.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Christy Moorhead
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COO
ReturnHeader/BusinessOfficerGrp/PhoneNum06479296823
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RUMIE INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0RUMI
ReturnHeader/Filer/EIN0463918665
ReturnHeader/Filer/PhoneNum04378865423
ReturnHeader/Filer/USAddress/AddressLine1Txt051 Louisiana Avenue NW
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020001
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.239.90.98
ReturnHeader/ReturnTs02018-11-15T12:49:00-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,792
Liabilities
$0
Net assets
$13,792
Revenue
$11,402
Expenses
$0
Net income
$11,402
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.46$0.00$3.46$0.32$0.00$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$0.00$3.14$0.21$0.00$0.20
2022Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$1.83$0.00$1.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.00$1.11$0.96$0.33$0.63
2020Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.15$0.08$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.17$0.00$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.09$0.00$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.11$0.00$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$0.81$1.24$0.44
2015Summary only. Only limited summary data is available for this year.$0.46$0.10$0.36$1.82$2.17$0.35
2014Summary only. Only limited summary data is available for this year.$0.70$0.00$0.85$0.15$0.70