Civic Intelligence

Givepower Foundation

990 • Fiscal year 2018 • EIN 47-1265705

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 15, 2019

500 2nd Street First FloorSan Francisco, CA 94107

(917) 756-2131

Siviq Scores

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

Liabilities / Assets

50th percentile

0.09x

Higher debt load relative to assets than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

49th percentile

0.09x

Higher debt load relative to revenue than 49% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

90th percentile

45%

Faster asset growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-9.7%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,963,550

Up $610,645 (+45%) from 2017

Net Assets

Up

$1,792,483

Up $584,453 (+48%) from 2017

Liabilities

Up

$171,067

Up $26,192 (+18%) from 2017

Revenue

Down

$1,881,226

Down $202,668 (-9.7%) from 2017

Expenses

Up

$1,501,012

Up $345,551 (+30%) from 2017

Net Income

Down

$380,214

Down $548,219 (-59%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2014: $200,232Liabilities 2014: $111,136Net Assets 2014: $89,0962014Assets 2015: $467,157Liabilities 2015: $177,883Net Assets 2015: $289,2742015Assets 2016: $572,864Liabilities 2016: $413,238Net Assets 2016: $159,6262016Assets 2017: $1,352,905Liabilities 2017: $144,875Net Assets 2017: $1,208,0302017Assets 2018: $1,963,550Liabilities 2018: $171,067Net Assets 2018: $1,792,4832018Assets 2019: $3,987,489Liabilities 2019: $409,505Net Assets 2019: $3,577,9842019Assets 2020: $7,097,341Liabilities 2020: $399,941Net Assets 2020: $6,697,4002020Assets 2021: $10,645,431Liabilities 2021: $897,014Net Assets 2021: $9,748,4172021Assets 2022: $13,643,045Liabilities 2022: $1,199,640Net Assets 2022: $12,443,4052022Assets 2023: $13,713,724Liabilities 2023: $950,070Net Assets 2023: $12,763,6542023Assets 2024: $13,739,901Liabilities 2024: $1,225,402Net Assets 2024: $12,514,4992024

Highlighted filing

2018

Assets$1,963,550
Liabilities$171,067
Net Assets$1,792,483

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $375,000Expenses 2014: $285,904Net Income 2014: $89,0962014Revenue 2015: $1,061,634Expenses 2015: $861,456Net Income 2015: $200,1782015Revenue 2016: $738,860Expenses 2016: $868,508Net Income 2016: -$129,6482016Revenue 2017: $2,083,894Expenses 2017: $1,155,461Net Income 2017: $928,4332017Revenue 2018: $1,881,226Expenses 2018: $1,501,012Net Income 2018: $380,2142018Revenue 2019: $4,381,559Expenses 2019: $2,596,058Net Income 2019: $1,785,5012019Revenue 2020: $7,134,857Expenses 2020: $4,015,441Net Income 2020: $3,119,4162020Revenue 2021: $8,664,187Expenses 2021: $5,613,170Net Income 2021: $3,051,0172021Revenue 2022: $10,887,667Expenses 2022: $8,192,679Net Income 2022: $2,694,9882022Revenue 2023: $8,763,600Expenses 2023: $8,443,351Net Income 2023: $320,2492023Revenue 2024: $9,724,912Expenses 2024: $9,974,067Net Income 2024: -$249,1552024

Highlighted filing

2018

Revenue$1,881,226
Expenses$1,501,012
Net Income$380,214
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,881,226
Mission and Program Overview

Mission

Givepower foundation provides clean energy across the globe to underserved communities including nicaragua, mali, and kenya. It is dedicated to improving the current and future living conditions worldwide by transforming the way we produce and use energy.

To make clean, renewable energy accessible to those who need it most and reduce the world's dependence on finite, polluting power sources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$55,018$962,518▲ $907,500
Land, Buildings, and Equipment, Net-$902,543-
Cash and Non-Interest-Bearing Accounts$1,288,000$82,989▼ $1,205,011
Pledges and Grants Receivable-$15,500-
Accounts Receivable$5,440--
Total Assets$1,352,905$1,963,550▲ $610,645
Other Assets Total$4,447--
Liabilities
Accounts Payable and Accrued Expenses$144,875$171,067▲ $26,192
Total Liabilities$144,875$171,067▲ $26,192
Net Assets / Fund Balance
Unrestricted Net Assets$456,534$1,301,784▲ $845,250
Temporarily Rstr Net Assets$751,496$490,699▼ $260,797
Total Net Assets Fund Balance$1,208,030$1,792,483▲ $584,453
Total Liabilities and Net Assets / Fund Balance$1,352,905$1,963,550▲ $610,645

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$526,533$17,122$543,655
Other Land Buildings$376,010-$376,010
Compensation and Service Providers

Board Members and Trustees

NameTitle
Hayden BarnardPresident
Alexandra LiftmanBoard Member
Ben Van De BuntBoard Member
Lyndon RiveBoard Member
Peter RiveBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Greenview LLCContractor2412 ORANGEBURG PLACE, Henderson, NV 89123$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,878,370
Program Service Revenue
$0
Investment Income
$2,856
Other Revenue
$0
All Other Contributions
$1,878,370
Change in Net Assets
$380,214

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,881,226
Total Revenue per Audited Statements
$1,881,226
Total Revenue per Form 990
$1,881,226
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,498,702
Total Fundraising Expense$509,936
Grants and Similar Amounts Paid$2,310
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$308,599$103,807$448,523$860,929
Other Expenses$497,657--$497,657
Travel$9,362-$41,360$50,722
Occupancy$648$40,324$2,240$43,212
Depreciation Depletion$17,122--$17,122
Office Expenses$2,325$4,111$9,649$16,085
Advertising--$8,164$8,164
Insurance-$3,752-$3,752
Grants to Domestic Orgs$2,310--$2,310
Fees for Services Legal-$1,059-$1,059
Total Functional Expenses$838,023$153,053$509,936$1,501,012

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,501,012
Total Expenses per Form 990$1,501,012
Total Expenses per Audited Statements$1,296,773
Expenses Not Reported on Form 990$-204,239
International Activity

International Summary

Spending
$353,145

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram ServicesProvide Clean Energy--$188,640
Central America/ CaribbeanProgram ServicesProvide Clean Energy--$86,396
Sub-saharan AfricaProgram ServicesProvide Clean Energy--$78,109
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
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Lyndon rive peter rive board member board member family

Form 990, Page 6, Part VI, Line 11B

Information necessary to prepare form 990 is provided by the givepower foundation team. A draft copy of the tax return is provided to the board of directors prior to filing with the irs.

Form 990, Page 6, Part VI, Line 19

If the organization's governing documents and conflict of interest policy are subject to applicable federal or state public disclosure requirements, those documents will be made available as applicable law may require. Otherwise, the governing documents, conflict of interest policy and financial statements will be provided to the public at the discretion of the organization's management.

Filing and Contact Details

Filer

Filer Name
Givepower Foundation
EIN
47-1265705
Phone
9177562131
Address
500 2ND STREET FIRST FLOOR, SAN FRANCISCO, CA 94107

Signing Officer

Name
Hayden Barnard
Title
President
Phone
6509635180
Signed
2019-07-15

Organization Details

Principal Officer
Hayden Barnard
Formed
2014
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
65

Preparer

Firm
Houldsworth Russo & Company Pc
Address
8675 S EASTERN AVE STE A, LAS VEGAS, NV 89123-2839
Preparer
Katie Hampton
Phone
7022699992
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Givepower foundation provides clean energy across the globe to underserved communities including nicaragua, mali and kenya. It is dedicated to improving the current and future living conditions worldwide by transforming the way we produce and use energy.

Form 990, Part IX, Line 11G

Contractors 0 103,807 423,273 consulting 308,599 0 25,250 total 308,599 103,807 448,523

Raw XML Appendix364 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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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2188640
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1CENTRAL AMERICA/ CARIBBEAN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2SOUTH ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PROVIDE CLEAN ENERGY
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1PROVIDE CLEAN ENERGY
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2PROVIDE CLEAN ENERGY
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0353145
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0SUB-SAHARAN AFRICA 78,109 0 CENTRAL AMERICA/ CARIBBEAN 86,396 0 SOUTH ASIA 188,640 0
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1GIVEPOWER ONLY PROVIDES SERVICES IN EXTREMELY RURAL AND ECONOMICALLY DEPRESSED AREAS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 5, PART V
IRS990ScheduleF/TotalSpentAmt0353145
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GIVEPOWER FOUNDATION PROVIDES CLEAN ENERGY ACROSS THE GLOBE TO UNDERSERVED COMMUNITIES INCLUDING NICARAGUA, MALI AND KENYA. IT IS DEDICATED TO IMPROVING THE CURRENT AND FUTURE LIVING CONDITIONS WORLDWIDE BY TRANSFORMING THE WAY WE PRODUCE AND USE ENERGY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LYNDON RIVE PETER RIVE BOARD MEMBER BOARD MEMBER FAMILY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INFORMATION NECESSARY TO PREPARE FORM 990 IS PROVIDED BY THE GIVEPOWER FOUNDATION TEAM. A DRAFT COPY OF THE TAX RETURN IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IF THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE SUBJECT TO APPLICABLE FEDERAL OR STATE PUBLIC DISCLOSURE REQUIREMENTS, THOSE DOCUMENTS WILL BE MADE AVAILABLE AS APPLICABLE LAW MAY REQUIRE. OTHERWISE, THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WILL BE PROVIDED TO THE PUBLIC AT THE DISCRETION OF THE ORGANIZATION'S MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTORS 0 103,807 423,273 CONSULTING 308,599 0 25,250 TOTAL 308,599 103,807 448,523
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0751496
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0490699
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01352905
IRS990/TotalAssetsEOYAmt01963550
IRS990/TotalAssetsGrp/BOYAmt01352905
IRS990/TotalAssetsGrp/EOYAmt01963550
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01878370
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0509936
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0153053
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0838023
IRS990/TotalFunctionalExpensesGrp/TotalAmt01501012
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0144875
IRS990/TotalLiabilitiesEOYAmt0171067
IRS990/TotalLiabilitiesGrp/BOYAmt0144875
IRS990/TotalLiabilitiesGrp/EOYAmt0171067
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01208030
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01792483
IRS990/TotalProgramServiceExpensesAmt0838023
IRS990/TotalRevenueGrp/ExclusionAmt02856
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01881226
IRS990/TotalVolunteersCnt065
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01352905
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01963550
IRS990/TravelGrp/FundraisingAmt041360
IRS990/TravelGrp/ProgramServicesAmt09362
IRS990/TravelGrp/TotalAmt050722
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0456534
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01301784
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0444 DE HARO ST
IRS990/USAddress/CityNm0SAN FRANCISCO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094107
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.GIVEPOWER.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HAYDEN BARNARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06509635180
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GIVEPOWER FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GIVE
ReturnHeader/Filer/EIN0471265705
ReturnHeader/Filer/PhoneNum09177562131
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 2ND STREET FIRST FLOOR
ReturnHeader/Filer/USAddress/CityNm0SAN FRANCISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094107
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E7FC33D6464FDD279193490F0119697EEF82149E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06D4B9A30A22B6847F557FDA8EFB6E64403708954
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0199.233.61.90
ReturnHeader/FilingSecurityInformation/IPDt02019-07-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:48:09
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOULDSWORTH RUSSO & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08675 S EASTERN AVE STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS VEGAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0891232839
ReturnHeader/PreparerPersonGrp/PhoneNum07022699992
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATIE HAMPTON
ReturnHeader/ReturnTs02019-07-19T12:48:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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