Civic Intelligence

Logoi Incorporated

990 • Fiscal year 2018 • EIN 59-1209720

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 22, 2019

12900 SW 128th Street Suite 204Miami, FL 33186

(305) 232-5880

Siviq Scores

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

Liabilities / Assets

39th percentile

0.04x

Higher debt load relative to assets than 39% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

0.14x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

3rd percentile

-98%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

68th percentile

$99,096

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 29.9% of source-year revenue.

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

Asset Growth

6th percentile

-21%

Faster asset growth than 6% of similar nonprofits.

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

Revenue Growth

7th percentile

-41%

Faster revenue growth than 7% of similar nonprofits.

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

Assets

Down

$1,237,145

Down $326,790 (-21%) from 2017

Net Assets

Down

$1,189,077

Down $324,852 (-21%) from 2017

Liabilities

Down

$48,068

Down $1,938 (-3.9%) from 2017

Revenue

Down

$331,749

Down $234,185 (-41%) from 2017

Expenses

Down

$656,601

Down $19,020 (-2.8%) from 2017

Net Income

Down

-$324,852

Down $215,165 (-196%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $865,039Liabilities 2010: $49,825Net Assets 2010: $815,2142010Assets 2011: $1,304,225Liabilities 2011: $39,808Net Assets 2011: $1,264,4172011Assets 2012: $1,224,466Liabilities 2012: $36,511Net Assets 2012: $1,187,9552012Assets 2013: $1,877,439Liabilities 2013: $36,435Net Assets 2013: $1,841,0042013Assets 2014: $1,754,997Liabilities 2014: $53,259Net Assets 2014: $1,701,7382014Assets 2015: $1,534,248Liabilities 2015: $38,507Net Assets 2015: $1,495,7412015Assets 2016: $1,660,228Liabilities 2016: $36,612Net Assets 2016: $1,623,6162016Assets 2017: $1,563,935Liabilities 2017: $50,006Net Assets 2017: $1,513,9292017Assets 2018: $1,237,145Liabilities 2018: $48,068Net Assets 2018: $1,189,0772018Assets 2019: $1,132,953Liabilities 2019: $21,581Net Assets 2019: $1,111,3722019Assets 2020: $1,092,616Liabilities 2020: $67,346Net Assets 2020: $1,025,2702020Assets 2021: $1,238,937Liabilities 2021: $18,031Net Assets 2021: $1,220,9062021Assets 2022: $1,071,725Liabilities 2022: $6,926Net Assets 2022: $1,064,7992022Assets 2023: $1,107,563Liabilities 2023: $11,544Net Assets 2023: $1,096,0192023Assets 2024: $1,063,830Liabilities 2024: $7,506Net Assets 2024: $1,056,3242024

Highlighted filing

2018

Assets$1,237,145
Liabilities$48,068
Net Assets$1,189,077

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $658,0132010Expenses 2011: $607,6132011Expenses 2012: $601,1252012Revenue 2013: $1,257,997Expenses 2013: $604,948Net Income 2013: $653,0492013Revenue 2014: $492,911Expenses 2014: $632,177Net Income 2014: -$139,2662014Revenue 2015: $429,153Expenses 2015: $635,150Net Income 2015: -$205,9972015Revenue 2016: $754,379Expenses 2016: $626,504Net Income 2016: $127,8752016Revenue 2017: $565,934Expenses 2017: $675,621Net Income 2017: -$109,6872017Revenue 2018: $331,749Expenses 2018: $656,601Net Income 2018: -$324,8522018Revenue 2019: $489,205Expenses 2019: $566,910Net Income 2019: -$77,7052019Revenue 2020: $365,300Expenses 2020: $451,402Net Income 2020: -$86,1022020Revenue 2021: $645,059Expenses 2021: $449,423Net Income 2021: $195,6362021Revenue 2022: $290,800Expenses 2022: $446,907Net Income 2022: -$156,1072022Revenue 2023: $494,160Expenses 2023: $462,940Net Income 2023: $31,2202023Revenue 2024: $409,376Expenses 2024: $449,071Net Income 2024: -$39,6952024

Highlighted filing

2018

Revenue$331,749
Expenses$656,601
Net Income-$324,852
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 22, 2019
Return Version
2018v3.1
Gross Receipts
$785,511
Mission and Program Overview

Mission

Religious educational programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,481,849$1,160,725▼ $321,124
Cash and Non-Interest-Bearing Accounts$54,483$63,550▲ $9,067
Land, Buildings, and Equipment, Net$22,603$7,870▼ $14,733
Total Assets$1,563,935$1,237,145▼ $326,790
Other Assets Total$5,000$5,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$34,362$36,770▲ $2,408
Other Liabilities$15,644$11,298▼ $4,346
Total Liabilities$50,006$48,068▼ $1,938
Net Assets / Fund Balance
Unrestricted Net Assets$1,513,929$1,189,077▼ $324,852
Total Net Assets Fund Balance$1,513,929$1,189,077▼ $324,852
Total Liabilities and Net Assets / Fund Balance$1,563,935$1,237,145▼ $326,790

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,870$170,182$178,052
Equipment-$2,369$2,369
Compensation and Service Providers

Employees

NameTitleBaseTotal
Ed ThompsonPresident$99,096$99,096

Board Members and Trustees

NameTitle
John ParkerBoard Chairm
Oscar OglivieVice Chairma
Earl ChantlosDirector
Frank BoullosaDirector
Glenn MillerDirector
Joseph LinnDirector
Richard PhillipsDirector
Rankin FowlkesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$374,890
Program Service Revenue
$0
Investment Income
$-75,680
Other Revenue
$32,539
All Other Contributions
$374,890
Change in Net Assets
$-324,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$428,137
Other Expenses$228,464
Total Fundraising Expense$134,777
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$179,116$41,334$55,112$275,562
Current Officers, Directors, Trustees, and Key Employees$62,866$16,886$19,344$99,096
Other Employee Benefits$24,493$5,652$7,538$37,683
Advertising--$35,731$35,731
Occupancy-$33,571-$33,571
Office Expenses$20,760$5,134$6,473$32,367
Travel$13,636$3,147$4,196$20,979
Fees for Services Other-$20,198-$20,198
Payroll Taxes$10,266$2,369$3,161$15,796
Royalties$15,449--$15,449
Depreciation Depletion$14,733--$14,733
All Other Expenses$4,136$7,082$506$11,724
Other Expenses$3,679$649$1,082$5,410
Information Technology$3,090$713$951$4,754
Interest-$4,704-$4,704
Insurance$2,221$513$683$3,417
Total Functional Expenses$361,727$160,097$134,777$656,601
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Employee Retirement Liability$9,803
Note Payable$1,495
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Backup withholding compliance
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, Page 6, Part VI, Line 11B

The organization has form 990 prepared by a cpa firm and then is reviewed by the board of directors prior to filing with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Employees may be disciplined or terminted, as well, for any conduct, on or off the job, which might bring disrepute to logoi, inc.

Form 990, Page 6, Part VI, Line 15A

Compensation of executives and top management officials is periodically reviewed and is determined and voted on by the board of directors as a whole.

Form 990, Page 6, Part VI, Line 15B

Compensation of executives and top management officials is periodically reviewed and is determined and voted on by the board of directors as a whole.

Form 990, Page 6, Part VI, Line 19

The organization's form 990 is available to the public on guidestar.org, or upon request

Filing and Contact Details

Filer

Filer Name
Logoi Inc
EIN
59-1209720
Phone
3052325880
Address
12900 SW 128TH STREET SUITE 204, MIAMI, FL 33186

Signing Officer

Name
Ed Thompson
Title
President
Phone
3052325880
Signed
2019-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed Thompson
Formed
1968
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
8
Employees
3

Preparer

Firm
Laudadio Hayes & Associates Pa
Address
210 N UNIVERSITY DR SUITE 404, CORAL SPRINGS, FL 33071-7320
Preparer
Scott J Hayes
Phone
9547571680
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS FORM 990 PREPARED BY A CPA FIRM AND THEN IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EMPLOYEES MAY BE DISCIPLINED OR TERMINTED, AS WELL, FOR ANY CONDUCT, ON OR OFF THE JOB, WHICH MIGHT BRING DISREPUTE TO LOGOI, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF EXECUTIVES AND TOP MANAGEMENT OFFICIALS IS PERIODICALLY REVIEWED AND IS DETERMINED AND VOTED ON BY THE BOARD OF DIRECTORS AS A WHOLE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FORM 990 IS AVAILABLE TO THE PUBLIC ON GUIDESTAR.ORG, OR UPON REQUEST
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.06$0.01$1.06$0.41$0.45$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.11$0.01$1.10$0.49$0.46$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.07$0.01$1.06$0.29$0.45$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.24$0.02$1.22$0.65$0.45$0.20
2020Detailed filing. Detailed filing data is available for this year.$1.09$0.07$1.03$0.37$0.45$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.13$0.02$1.11$0.49$0.57$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.24$0.05$1.19$0.33$0.66$0.32
2017Detailed filing. Detailed filing data is available for this year.$1.56$0.05$1.51$0.57$0.68$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.66$0.04$1.62$0.75$0.63$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.53$0.04$1.50$0.43$0.64$0.21
2014Detailed filing. Detailed filing data is available for this year.$1.75$0.05$1.70$0.49$0.63$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.88$0.04$1.84$1.26$0.60$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.04$1.19$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.04$1.26$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.05$0.82$0.66