Civic Intelligence

Driftseed Inc.

990EZ • Fiscal year 2020 • EIN 47-4989231

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 24, 2020

2020 Pennsylvania Ave NW 305Washington DC, DC 20006

(630) 886-0254

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

37th percentile

-1.6%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$1,350

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

33rd percentile

-5.1%

Faster asset growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

22%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$10,367

Down $556 (-5.1%) from 2019

Net Assets

$10,367

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$35,634

Up $6,315 (+22%) from 2019

Expenses

Down

$36,190

Down $11,274 (-24%) from 2019

Net Income

Up

-$556

Up $17,589 (+97%) from 2019

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2018: $29,068Liabilities 2018: $02018Assets 2019: $10,923Liabilities 2019: $02019Assets 2020: $10,367Liabilities 2020: $0Net Assets 2020: $10,3672020Assets 2021: $9,401Liabilities 2021: $0Net Assets 2021: $9,4012021

Highlighted filing

2020

Assets$10,367
Liabilities$0
Net Assets$10,367

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2018: $122,871Expenses 2018: $106,657Net Income 2018: $16,2142018Revenue 2019: $29,319Expenses 2019: $47,464Net Income 2019: -$18,1452019Revenue 2020: $35,634Expenses 2020: $36,190Net Income 2020: -$5562020Revenue 2021: $7,458Expenses 2021: $8,424Net Income 2021: -$9662021

Highlighted filing

2020

Revenue$35,634
Expenses$36,190
Net Income-$556
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 24, 2020
Return Version
2019v5.0
Gross Receipts
$35,634
Mission and Program Overview

Mission

To create a more safe, just and prosperous world for women and girls through education, outreach and the art of documentary storytelling (sponsorship of doc. Filmmakers, screenings, lectures, workshops in schools/communities, educational toolkits made with university of michigan)

Program Services

DescriptionGrantsExpenses
Driftseed's fiscal sponsorship program allows artists to seek much needed grants and solicit tax-deductible donations under Driftseed's 501(c)(3) status. Driftseed provides administrative support and oversees the distribution of funds to ensure that funded activities harmonize with Driftseed's mission to create work that empowers women and girls globally.1. WALK A MILE"Walk A Mile" is a 26-episode documentary web series for women's economic empowerment. Social entrepreneur and adventure traveler, Mallory Brown, will walk a marathon, one mile at a time, with 26 working women around the globe. Each episode steps into the daily life of a woman fighting for a better life and showcases how women are the key to pulling their communities out of poverty. All 26 episodes will end with a call-to-action where viewers can join the movement to help working women globally.1. Walk A Mile Walk a Mile is produced by Travel Mal LLC, an impact production company. Travel Mal creates philanthropic campaigns that connect audiences to incredible causes and empower viewers to help. In seven years, Travel Mal has worked in 23 countries around the globe and directly helped thousands in need. Our work shares stories of real human kindness and inspires the next generation to live a passionate, global, and generous life. 2. BREAK THE CHAINBreak the Chain is a feature-length documentary film that addresses the often "hidden-in-plain-sight" issue of Human Trafficking within Michigan communities and the United States. Produced and Directed by Laura Swanson, the film chronicles two survivors of Human Trafficking within Michigan communities - providing a detailed look at how trafficking goes unnoticed within our backyards. Kwami, a child survivor of Labor Trafficking, was enslaved for nearly five years with three other children in Ypsilanti, Michigan before anyone noticed. Debbie, a survivor of Sex Trafficking, takes us through her experience of being sold for sex around the Detroit-Area between the ages of 13 and 18. Accompanying the stories of these survivors are nearly 20 interviews with researchers, Senators, non-profit organizations, legal service agencies, law enforcement officers and several artists actively working to raise awareness for this global issue. The film teaches us that what we see in the media about human trafficking is one small sensationalized form - that it occurs anywhere and everywhere within our world. More importantly, viewers will learn how we are all connected to this extremely profitable business and that we have the power to choose what we support, and ultimately, how we break the chain.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SOPHIA KRUZDirector-$1,350-$1,350
ANKITA SINGHDirector-$0--
MEENA SINGHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Driftseed
EIN
47-4989231
Phone
6308860254
Address
2020 Pennsylvania Ave NW 305, Washington DC, DC 20006

Signing Officer

Name
Meena Singh
Title
Founder
Signed
2020-11-24
Discuss with paid preparer
Yes

Preparer

Firm
Smaldino Lutz Curtis & Associates Cpas
Address
1662 HILLHURST AVE STE A, LOS ANGELES, CA 90027
Preparer
Douglas M Smaldino
Phone
3235221050
Supplemental Narrative

Additional Explanations

Other Expenses.1003

Information Technology $413

Other Expenses.1005

Travel $815

Other Expenses.1

VIDEO PRODUCTION $31825

Raw XML Appendix134 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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Filings