Civic Intelligence

Drive Change Inc.

990 • Fiscal year 2022 • EIN 46-4691123

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 29, 2023

630 Flushing AvenueBrooklyn, NY 11206

(347) 696-0943

Siviq Scores

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

Liabilities / Assets

89th percentile

0.66x

Higher debt load relative to assets than 89% of similar nonprofits.

2022 filings • NTEE J • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

0.90x

Higher debt load relative to revenue than 93% of similar nonprofits.

2022 filings • NTEE J • $1M-$5M nonprofits • Source year 2022

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2022 filings • NTEE J • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

51st percentile

$113,173

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2022 filings • NTEE J • $1M-$5M nonprofits • Source year 2022

Asset Growth

99th percentile

284%

Faster asset growth than 99% of similar nonprofits.

2022 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

92nd percentile

80%

Faster revenue growth than 92% of similar nonprofits.

2022 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,511,671

Up $1,857,246 (+284%) from 2021

Net Assets

Up

$849,931

Up $561,163 (+194%) from 2021

Liabilities

Up

$1,661,740

Up $1,296,083 (+354%) from 2021

Revenue

Up

$1,837,612

Up $817,072 (+80%) from 2021

Expenses

Up

$1,259,555

Up $117,539 (+10%) from 2021

Net Income

Up

$578,057

Up $699,533 (+576%) from 2021

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2014: $121,039Liabilities 2014: $42,064Net Assets 2014: $78,9752014Assets 2015: $136,089Liabilities 2015: $70,806Net Assets 2015: $65,2832015Assets 2016: $452,779Liabilities 2016: $47,739Net Assets 2016: $405,0402016Assets 2017: $471,293Liabilities 2017: $72,493Net Assets 2017: $398,8002017Assets 2018: $394,721Liabilities 2018: $430,917Net Assets 2018: -$36,1962018Assets 2019: $392,176Liabilities 2019: $329,066Net Assets 2019: $63,1102019Assets 2020: $826,013Liabilities 2020: $415,769Net Assets 2020: $410,2442020Assets 2021: $654,425Liabilities 2021: $365,657Net Assets 2021: $288,7682021Assets 2022: $2,511,671Liabilities 2022: $1,661,740Net Assets 2022: $849,9312022Assets 2023: $3,384,978Liabilities 2023: $1,564,023Net Assets 2023: $1,820,9552023Assets 2024: $3,544,351Liabilities 2024: $1,460,997Net Assets 2024: $2,083,3542024

Highlighted filing

2022

Assets$2,511,671
Liabilities$1,661,740
Net Assets$849,931

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $454,367Expenses 2014: $375,392Net Income 2014: $78,9752014Revenue 2015: $677,451Expenses 2015: $691,143Net Income 2015: -$13,6922015Revenue 2016: $835,672Expenses 2016: $495,915Net Income 2016: $339,7572016Revenue 2017: $684,909Expenses 2017: $691,149Net Income 2017: -$6,2402017Revenue 2018: $653,073Expenses 2018: $1,088,069Net Income 2018: -$434,9962018Revenue 2019: $1,397,256Expenses 2019: $1,297,950Net Income 2019: $99,3062019Revenue 2020: $1,574,346Expenses 2020: $1,227,212Net Income 2020: $347,1342020Revenue 2021: $1,020,540Expenses 2021: $1,142,016Net Income 2021: -$121,4762021Revenue 2022: $1,837,612Expenses 2022: $1,259,555Net Income 2022: $578,0572022Revenue 2023: $2,673,780Expenses 2023: $1,789,886Net Income 2023: $883,8942023Revenue 2024: $3,016,487Expenses 2024: $2,599,509Net Income 2024: $416,9782024

Highlighted filing

2022

Revenue$1,837,612
Expenses$1,259,555
Net Income$578,057
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 29, 2023
Return Version
2022v5.0
Gross Receipts
$1,837,612
Mission and Program Overview

Mission

To reduce the recividism rate among formerly-incarcerated youth and increase post-incarceration employment opportunities to enable these youth to build successful futures.

To reduce the recidivism rate among formerly incarcerated youth, and increase post incarceration employment opportunities to enable these youth to build successful futures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$542,322$869,241▲ $326,919
Pledges and Grants Receivable$65,319$112,988▲ $47,669
Prepaid Expenses and Deferred Charges$12,143$21,383▲ $9,240
Land, Buildings, and Equipment, Net$20,710$0▼ $20,710
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$654,425$2,511,671▲ $1,857,246
Other Assets Total$13,931$1,508,059▲ $1,494,128
Liabilities
Other Liabilities-$1,476,950-
Unsecured Notes Loans Payable$313,449--
Accounts Payable and Accrued Expenses$37,404$134,790▲ $97,386
Deferred Revenue-$50,000-
Mortgage Notes Payable Secured by Investment Property$14,804--
Total Liabilities$365,657$1,661,740▲ $1,296,083
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$288,768$495,472▲ $206,704
Net Assets With Donor Restrictions-$354,459-
Total Net Assets Fund Balance$288,768$849,931▲ $561,163
Total Liabilities and Net Assets / Fund Balance$654,425$2,511,671▲ $1,857,246

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$115,659$115,659
Leasehold Improvements-$49,381$49,381
Other Land Buildings-$8,000$8,000
Other Assets Org$31,109--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kalilah MoonExecutive DirectorFT$106,154$7,019$113,173

Board Members and Trustees

NameTitle
George SuttlesChairman
Michael HurwitzTrustee
Ethan FinkelsteinSecretary
Rose DestefanoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,837,612
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,151,272
Change in Net Assets
$578,057

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,837,612
Total Revenue per Audited Statements
$1,837,612
Total Revenue per Form 990
$1,837,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$634,811
Salaries, Compensation, and Employee Benefits$624,744
Total Fundraising Expense$242,348
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$270,658$63,889$91,379$425,926
Fees for Services Other$104,311$162,873$87,488$354,672
Occupancy$35,582$75,119$21,086$131,787
Current Officers, Directors, Trustees, and Key Employees$90,538$16,976$5,659$113,173
Payroll Taxes$31,991$7,162$8,595$47,748
Other Employee Benefits$25,391$5,685$6,821$37,897
Insurance$29,434$3,152$3,000$35,586
Interest$3,337$7,044$1,977$12,358
Depreciation Depletion-$3,815-$3,815
Conferences and Meetings$311$2,633$12$2,956
Advertising-$2,001-$2,001
Office Expenses$661--$661
Other Expenses$48,800$105$11,627$105
Total Functional Expenses$641,014$376,193$242,348$1,259,555

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,259,555
Total Expenses per Audited Statements$1,259,555
Total Expenses per Form 990$1,259,555
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Operating Leases$1,476,950
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is furnished to the full board and is reviewed by at least one member of the board prior to being filed.

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

Officers and key employees are required to disclose in writing on an annual basis interests that could give rise to conflicts.

Form 990, Part VI, Section C, Line 19

The Organization's Governing documents, policies and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Drive Change Inc
EIN
46-4691123
Phone
3476960943
Address
630 FLUSHING AVENUE, BROOKLYN, NY 11206

Signing Officer

Name
Kalilah Moon
Title
Executive Director
Signed
2023-11-29
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
5
Independent Board Members
4
Employees
31
Volunteers
5

Preparer

Firm
Cullari Carrico LLC
Address
55 LANE ROAD SUITE 300, FAIRFIELD, NJ 07004
Preparer
Robert J Valas
Phone
9734063955
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization adheres to FASB ASC Topic 740, Income Taxes, which provides guidance and clarification on accounting for uncertainty in income taxes recognized in the Organizations financial statements. The guidance prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on de-recognition, classification, interest and penalties, disclosure and transition. For the year ended December 31, 2022, the Organization has no material uncertain tax positions to be accounted for in the financial statements.

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IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt065319
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0112988
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012143
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021383
IRS990/PriorPeriodAdjustmentsAmt0-16894
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0978021
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0496712
IRS990/PYProgramServiceRevenueAmt042519
IRS990/PYRevenuesLessExpensesAmt0-121476
IRS990/PYSalariesCompEmpBnftPaidAmt0645304
IRS990/PYTotalExpensesAmt01142016
IRS990/PYTotalRevenueAmt01020540
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0578057
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01917612
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0978021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01574346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04469979
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt042519
IRS990ScheduleA/OtherIncome170Grp/TotalAmt042519
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt04469979
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01917612
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0978021
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01574346
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04469979
IRS990ScheduleA/TotalSupportAmt04512498
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0115659
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0115659
IRS990ScheduleD/ExpensesSubtotalAmt01259555
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt049381
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt049381
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01476950
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt131109
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSETS - OPERATING LEASES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01476950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY - OPERATING LEASES
IRS990ScheduleD/RevenueSubtotalAmt01837612
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization adheres to FASB ASC Topic 740, Income Taxes, which provides guidance and clarification on accounting for uncertainty in income taxes recognized in the Organizations financial statements. The guidance prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on de-recognition, classification, interest and penalties, disclosure and transition. For the year ended December 31, 2022, the Organization has no material uncertain tax positions to be accounted for in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01508059
IRS990ScheduleD/TotalExpensesPerForm990Amt01259555
IRS990ScheduleD/TotalLiabilityAmt01476950
IRS990ScheduleD/TotalRevenuePerForm990Amt01837612
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01837612
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01259555
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The form 990 is furnished to the full board and is reviewed by at least one member of the board prior to being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE IN WRITING ON AN ANNUAL BASIS INTERESTS THAT COULD GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization's Governing documents, policies and financial statements are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0654425
IRS990/TotalAssetsEOYAmt02511671
IRS990/TotalAssetsGrp/BOYAmt0654425
IRS990/TotalAssetsGrp/EOYAmt02511671
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01837612
IRS990/TotalEmployeeCnt031
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0242348
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0376193
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0641014
IRS990/TotalFunctionalExpensesGrp/TotalAmt01259555
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0365657
IRS990/TotalLiabilitiesEOYAmt01661740
IRS990/TotalLiabilitiesGrp/BOYAmt0365657
IRS990/TotalLiabilitiesGrp/EOYAmt01661740
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0288768
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0849931
IRS990/TotalOtherCompensationAmt07019
IRS990/TotalProgramServiceExpensesAmt0641014
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0106154
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01837612
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0654425
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02511671
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0313449
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0630 FLUSHING AVENUE
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011206
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KALILAH MOON

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