Initiative Network Inc

990PF • Fiscal year 2017 • EIN 47-2308651

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

Organization Profile

2334 Chinkapin WayDallas, TX 75212

(281) 728-4524

Siviq Scores

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

0.00x

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

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

0.00x

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

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

-25%

Higher net margin than 16% of similar nonprofits.

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

$46,250

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 31.1% of source-year revenue.

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

-97%

Faster asset growth than 2% of similar nonprofits.

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

-46%

Faster revenue growth than 10% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets59th percentile

Assets

Down

$2,270

Down $74,518 (-97%) from 2016

Net Assets

Down

$2,270

Down $38,177 (-94%) from 2016

Liabilities

Down

Down $36,341 (-100%) from 2016

Revenue And Expenses

Liabilities / Revenue59th percentile Net Margin16th percentile

Revenue

Down

$148,489

Down $128,616 (-46%) from 2016

Expenses

Down

$185,085

Down $82,513 (-31%) from 2016

Net Income

Down

-$36,596

Down $46,103 (-485%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

Highlighted filing

2017

Assets$2,270

Liabilities$0

Net Assets$2,270

Open 2017 Filing

Operations Trend

Revenue Growth10th percentile

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

Highlighted filing

2017

Revenue$148,489

Expenses$185,085

Net Income-$36,596

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Nov 15, 2018
Return Version: 2017v2.2

Compensation and Service Providers

Top Officer Pay92nd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
GRANT SKELDON	President	FT	$46,250	-	$46,250
KRISTI KROCK	Director Of Operations	FT	$29,813	-	$29,813
JON PENDERGRASS	VP	FT	$4,000	-	$4,000

Filing and Contact Details

Filer

Filer Name: Initiative Network Inc
EIN: 47-2308651
Address: 2334 CHINKAPIN WAY, Dallas, TX 75212

Signing Officer

Name: Kristi Krock
Title: Director of Ope
Phone: 2817284524
Signed: 2018-11-15
Discuss with paid preparer: Yes

Preparer

Firm: Carlos O Granda Pllc CPA
Address: 446 PARK GROVE LANE, Katy, TX 77450
Preparer: Carlos O Granda CPA
Phone: 7137772223

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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	SUPPLIES
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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	6	PURCHASES
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	7	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	8	0
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	435
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	2	1790
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	4	441
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	5	27
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	6	840
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	7	691
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	8	265
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt	0	0
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt	0	5268
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt	0	PROFESSIONAL FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt	0	0
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt	0	0
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt	0	0
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt	1	0
TaxesSchedule/TaxesDetail/Amt	0	11968
TaxesSchedule/TaxesDetail/Amt	1	5
TaxesSchedule/TaxesDetail/CategoryTxt	0	PAYROLL TAXES
TaxesSchedule/TaxesDetail/CategoryTxt	1	TAXES AND LICENSES
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TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	1	0
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt	0	0
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt	1	0
ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	KRISTI KROCK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	DIRECTOR OF OPE
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2817284524
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	INITIATIVE NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt	0	INIT
ReturnHeader/Filer/EIN	0	472308651
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	2334 CHINKAPIN WAY
ReturnHeader/Filer/USAddress/CityNm	0	Dallas
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	TX
ReturnHeader/Filer/USAddress/ZIPCd	0	75212
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	06BD47EAA52F93B90624A21A8B022E9A37F9A574
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	06BD47EAA52F93B90624A21A8B022E9A37F9A574
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId	0	7688632018319hr2aezg
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt	0	2018-11-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	73.6.230.27
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-11-15
ReturnHeader/FilingSecurityInformation/IPTm	0	12:19:45
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	CARLOS O GRANDA PLLC CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	446 PARK GROVE LANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Katy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	77450
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7137772223
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	CARLOS O GRANDA CPA
ReturnHeader/ReturnTs	0	2018-11-15T12:17:26-05:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing

Assets: $2,270
Liabilities: $0
Net assets: $2,270
Revenue: $148,489
Expenses: $185,085
Net income: -$36,596

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2019Detailed filing. Detailed filing data is available for this year.	$0.11	$0.01	$0.10	$2.06	$2.19	$0.13
2018Detailed filing. Detailed filing data is available for this year.	$0.23	$0.00	$0.23	$2.11	$1.90	$0.21
2017Detailed filing. Detailed filing data is available for this year.	$0.02	$0.00	$0.02	$1.48	$1.85	$0.37
2016Detailed filing. Detailed filing data is available for this year.	$0.77	$0.36	$0.40	$2.77	$2.68	$0.10
2015Summary only. Only limited summary data is available for this year.	$0.39	$0.00	$0.39	$2.36	$1.97	$0.39
2014Summary only. Only limited summary data is available for this year.	$0.00	$0.00		$0.00	$0.00	$0.00