Civic Intelligence

Ourspace World Inc.

990EZ • Fiscal year 2012 • EIN 61-1663030

Jan 01, 2012 to Dec 31, 2012 • Filed on Sep 23, 2014

Organization Profilewww.ourspaceacupuncture.org
809 Easley St20910
Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

57th percentile

0.00x

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

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

98th percentile

613%

Faster asset growth than 98% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

98th percentile

350%

Faster revenue growth than 98% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$4,320

Up $3,714 (+613%) from 2011

Net Assets

Up

$4,320

Up $3,714 (+613%) from 2011

Liabilities

Flat

$0

Flat from 2011

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin67th percentile

Revenue

Up

$32,931

Up $25,615 (+350%) from 2011

Expenses

Up

$29,217

Up $22,507 (+335%) from 2011

Net Income

Up

$3,714

Up $3,108 (+513%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$1.0M$500K$0Assets 2011: $606Liabilities 2011: $0Net Assets 2011: $6062011Assets 2012: $4,320Liabilities 2012: $0Net Assets 2012: $4,3202012Assets 2013: $6,475Liabilities 2013: $0Net Assets 2013: $6,4752013Assets 2014: $11,103Liabilities 2014: $0Net Assets 2014: $11,1032014Assets 2015: $14,339Liabilities 2015: $0Net Assets 2015: $14,3392015Assets 2016: $12,087Liabilities 2016: $0Net Assets 2016: $12,0872016Assets 2017: $7,171Liabilities 2017: $0Net Assets 2017: $7,1712017Assets 2018: $6,469Liabilities 2018: $0Net Assets 2018: $6,4692018Assets 2019: $7,675Liabilities 2019: $0Net Assets 2019: $7,6752019Assets 2020: $89,780Liabilities 2020: $0Net Assets 2020: $89,7802020Assets 2021: $138,218Liabilities 2021: $25,762Net Assets 2021: $112,4562021Assets 2022: $238,669Liabilities 2022: $22,696Net Assets 2022: $215,9732022Assets 2023: $928,630Liabilities 2023: $172,884Net Assets 2023: $755,7462023Assets 2024: $687,932Liabilities 2024: $100,357Net Assets 2024: $587,5752024

Highlighted filing

2012

Assets$4,320
Liabilities$0
Net Assets$4,320
Open 2012 Filing

Operations Trend

Revenue Growth98th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $7,316Expenses 2011: $6,710Net Income 2011: $6062011Revenue 2012: $32,931Expenses 2012: $29,217Net Income 2012: $3,7142012Revenue 2013: $63,404Expenses 2013: $61,249Net Income 2013: $2,1552013Revenue 2014: $69,459Expenses 2014: $64,831Net Income 2014: $4,6282014Revenue 2015: $88,090Expenses 2015: $77,973Net Income 2015: $10,1172015Revenue 2016: $89,429Expenses 2016: $91,681Net Income 2016: -$2,2522016Revenue 2017: $56,207Expenses 2017: $61,123Net Income 2017: -$4,9162017Revenue 2018: $1,989Expenses 2018: $2,691Net Income 2018: -$7022018Revenue 2019: $3,260Expenses 2019: $2,054Net Income 2019: $1,2062019Revenue 2020: $128,913Expenses 2020: $47,042Net Income 2020: $81,8712020Revenue 2021: $221,814Expenses 2021: $207,208Net Income 2021: $14,6062021Revenue 2022: $296,874Expenses 2022: $198,637Net Income 2022: $98,2372022Revenue 2023: $1,468,468Expenses 2023: $928,649Net Income 2023: $539,8192023Revenue 2024: $1,461,069Expenses 2024: $1,625,040Net Income 2024: -$163,9712024

Highlighted filing

2012

Revenue$32,931
Expenses$29,217
Net Income$3,714
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Sep 23, 2014
Return Version
2012v2.0
Mission and Program Overview

Mission

OurSpace World, Inc.operates in the state of Maryland with a mission of ensuring long-term community health. OurSpace in 2018 shifted its primary means for achieving this goal from community acupuncture to wellness and self-sufficiency training and education, focusing on: We teach people how to create their own modern homesteads Teach (climate change, resource scarcity, 21st century infrastructure instability) Train - resource abundance, decentralized infrastructure, climate renewal: 1. rain water catchment 2. water recycling 3. natural waste management 4. small scale intensive farming 6. thermal heating and cooling 7. low cost building techniques 8. solar power) Educate - making this your own, finding your unique niche problem, solution, find peace and community -through CAM, herbal medicine, consciousness work, mind-body connection

Filing and Contact Details

Filer

EIN
61-1663030
Raw XML Appendix195 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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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0Farris T Johnson III
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1Aitalohi Amaize
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2Maureen Nelis
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0Executive Director and Principle Acupuncturist
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1Board Chair
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IRS990EZ/PrimaryExemptPurpose0OurSpace World, Inc. is a non-profit organization committed to ensuring that people have access to affordable healthcare and housing. The delivery of healthcare is accomplished through acupuncture that is done in a group setting. Using this community model, the mission of OurSpace World, Inc. (DBA OurSpace Acupuncture) is able to provide safe, affordable, and effective healthcare to a large segment of the working class population. Clients donate what they can afford - we suggest a donation of $15-$40. There is no application or income verification to ensure that people and families in high income brackets are not prohibited from access to acupuncture because they have other financial obligations such as loan repayments, mortgages, childcare, etc. OurSpace World, Inc. will also be a provider of quality and safe housing that is accessible to low-income families.
IRS990EZ/PrintingPublicationsPostage00
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0In its inaugural year, OurSpace established its first community acupuncture clinic in a shared, under-utilized space in downtown Silver Spring. With investment seed funding from family and friends to cover rent and startup expenses, it opened its doors in November of 2011 and provided a total of 57 acupuncture treatments.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom1In its second year, OurSpace continued to grow its community acupuncture services and provided a total of 1,608 treatments (350 new client visits, 1,258 returning client visits). During the course of its operations, OurSpace found that some clients were unable to pay even the lowest sliding scale fee of $15. To facilitate their continued healthcare, OurSpace began encouraging these clients to simply pay what they could afford. In this way, these clients were still able to enjoy the benefits of acupuncture without cost being a prohibitive factor. OurSpace hopes to continue its commitment to ensuring that affordable healthcare is made available to as many as possible and officially transitioned to a donation-based model (as of 10/9/2012), amending its Maryland charter and recruiting its board of directors. In late 2011, OurSpace Acupuncture began with one clinic located in downtown Silver Spring, MD that served the area four days a week. In 2012, the clinic expanded to incorporate a second acupuncturist and is now open five days a week. OurSpace also welcomed a Yoga Nidra practitioner by renting out its clinic space to bring the restorative meditative practice to those in the surrounding community.
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IRS990ScheduleO/GeneralExplanation/Explanation0Description;Amount^Acupuncture Supplies;1170|Furnishing and Upkeep;640|Marketing;378|Operating Expenses;2667|Federal and State Taxes;2721|Office Supplies;225^Total;7801^
IRS990ScheduleO/GeneralExplanation/Identifier0F99Z_P01_S00_L16
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/Explanation0OurSpace World Inc is a new corporation that had not established its exempt purpose until October of 2012. It filed IRS form 1023 seeking IRS tax exempt status in April of 2013 and was not aware that Form 990 needed to be filed even without official tax-exempt status. Its determination letter came in the mail in September of 2014 indicating an "effective date of exemption" of 09/19/2011. This is a grave oversight and we hope that it will not lead to our new status being revoked. Instead, OurSpace World Inc has filed Form 1120 (U.S. Corporation Income Tax Return) since 2011 and remains in good standing as a corporation.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0611663030
ReturnHeader/Filer/Name/BusinessNameLine10Ourspace World Inc
ReturnHeader/Filer/NameControl0OURS
ReturnHeader/Filer/Phone03013888085
ReturnHeader/Filer/USAddress/AddressLine10809 Easley St
ReturnHeader/Filer/USAddress/City0Silver Spring
ReturnHeader/Filer/USAddress/State0MD
ReturnHeader/Filer/USAddress/ZIPCode020910
ReturnHeader/Officer/DateSigned02014-09-23
ReturnHeader/Officer/Name0Farris Johnson
ReturnHeader/Officer/Phone03013888085
ReturnHeader/Officer/Title0Executive Director
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02014-09-23T14:36:37-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,320
Liabilities
$0
Net assets
$4,320
Revenue
$32,931
Expenses
$29,217
Net income
$3,714
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.69$0.10$0.59$1.46$1.63$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.93$0.17$0.76$1.47$0.93$0.54
2022Detailed filing. Detailed filing data is available for this year.$0.24$0.02$0.22$0.30$0.20$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.14$0.03$0.11$0.22$0.21$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.13$0.05$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.06$0.06$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.09$0.09$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.09$0.08$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.07$0.06$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.06$0.06$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.03$0.03$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.01$0.01$0.00