Civic Intelligence

Rumie Initiative Inc.

990EZ • Fiscal year 2018 • EIN 46-3918665

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

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.

2018 filings • NTEE A68 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

55th percentile

0.00x

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

2018 filings • NTEE A68 • <$500k nonprofits • Source year 2018

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2018 filings • NTEE A68 • <$500k nonprofits • Source year 2018

Top Officer Pay

65th percentile

$0

Higher top officer pay than 65% of similar nonprofits.

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

2018 filings • NTEE A68 • <$500k nonprofits • Source year 2018

Asset Growth

79th percentile

68%

Faster asset growth than 79% of similar nonprofits.

2018 filings • NTEE A68 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-18%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • NTEE A68 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$23,169

Up $9,377 (+68%) from 2017

Net Assets

Up

$23,169

Up $9,377 (+68%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$9,377

Down $2,025 (-18%) from 2017

Expenses

Flat

$0

Flat from 2017

Net Income

Down

$9,377

Down $2,025 (-18%) 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 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

2018

Assets$23,169
Liabilities$0
Net Assets$23,169

Operations Trend

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

2018

Revenue$9,377
Expenses$0
Net Income$9,377
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.0
Gross Receipts
$9,377
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.

Program Services

DescriptionGrantsExpenses
Organizing the massive array of free, open source educational content available online on the Rumie LearnCloud, a web platform. 15,000 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.$0$0
Preloading learning content and Rumie software onto low-cost tablets so that they can be used without internet by children without sufficient access to education. 15,000 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.$0$0
Delivering low-cost learning tablets to children in underserved or isolated communities around the world. 15,000 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.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tariq FancyChair Of The BoardFT$0--
Javade ChaudhriDirector-$0--
Emily FineDirector-$0--
Mark JenkinsDirector-$0--
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
Ervin So
Title
Finance Lead
Phone
6479296823
Signed
2019-11-11
Raw XML Appendix174 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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ReturnHeader/BuildTS02020-01-14 16:20:31Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Finance Lead
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ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-11
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ReturnHeader/Filer/EIN0463918665
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ReturnHeader/TaxYr02018

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Filings