Civic Intelligence

Infinite Ways Network Inc.

990EZ • Fiscal year 2023 • EIN 61-1681277

Sep 01, 2022 to Aug 31, 2023 • Filed on Feb 26, 2023

Organization Profilewww.infinitewaysnetwork.org
1400 NE Miami Gardens DrNorth Miami Beach, FL 33179

(305) 610-4017

Siviq Scores

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

Liabilities / Assets

90th percentile

0.47x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.53x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

37th percentile

-2.6%

Higher net margin than 37% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

15th percentile

-35%

Faster asset growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

68th percentile

24%

Faster revenue growth than 68% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$121,072

Down $64,383 (-35%) from 2022

Net Assets

Down

$64,172

Down $2,748 (-4.1%) from 2022

Liabilities

Down

$56,900

Down $61,635 (-52%) from 2022

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin37th percentile

Revenue

Up

$107,485

Up $20,544 (+24%) from 2022

Expenses

Up

$110,233

Up $4,969 (+4.7%) from 2022

Net Income

Up

-$2,748

Up $15,575 (+85%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$300K$200K$100K$0Assets 2017: $49,598Liabilities 2017: $0Net Assets 2017: $50,0482017Assets 2018: $62,865Liabilities 2018: $1,777Net Assets 2018: $36,9842018Assets 2019: $61,665Liabilities 2019: $6,250Net Assets 2019: $57,3512019Assets 2021: $205,998Liabilities 2021: $120,755Net Assets 2021: $85,2432021Assets 2022: $185,455Liabilities 2022: $118,535Net Assets 2022: $66,9202022Assets 2023: $121,072Liabilities 2023: $56,900Net Assets 2023: $64,1722023Assets 2024: $89,945Liabilities 2024: $56,900Net Assets 2024: $33,0452024Assets 2025: $267,725Liabilities 2025: $53,331Net Assets 2025: $214,3942025

Highlighted filing

2023

Assets$121,072
Liabilities$56,900
Net Assets$64,172
Open 2023 Filing

Operations Trend

Revenue Growth68th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $110,590Expenses 2017: $84,751Net Income 2017: $25,8392017Revenue 2018: $163,668Expenses 2018: $150,893Net Income 2018: $12,7752018Revenue 2019: $156,114Expenses 2019: $159,851Net Income 2019: -$3,7372019Revenue 2021: $125,609Expenses 2021: $143,576Net Income 2021: -$17,9672021Revenue 2022: $86,941Expenses 2022: $105,264Net Income 2022: -$18,3232022Revenue 2023: $107,485Expenses 2023: $110,233Net Income 2023: -$2,7482023Revenue 2024: $264,034Expenses 2024: $295,355Net Income 2024: -$31,3212024Revenue 2025: $348,592Expenses 2025: $191,106Net Income 2025: $157,4862025

Highlighted filing

2023

Revenue$107,485
Expenses$110,233
Net Income-$2,748
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Feb 26, 2023
Return Version
2022v5.0
Gross Receipts
$107,485
Mission and Program Overview

Mission

Provide mental health treatment to our local communities

Psychological assessments

Program Services

DescriptionGrantsExpenses
PSYCHOLOGICAL ASSESSMENTS--
PSYCHOLOGICAL ASSESSMENTS--
PSYCHOLOGICAL ASSESSMENTS--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROSE HOMICILEPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Infinite Ways Networks Inc
EIN
61-1681277
Address
1400 NE MIAMI GARDENS DR, NORTH MIAMI BEACH, FL 33179

Signing Officer

Name
Rose Homicile
Title
President
Phone
3056104017
Signed
2023-02-26
Discuss with paid preparer
No

Preparer

Firm
New Currency Accounting LLC
Address
16351 SW 23rd Street, Miramar, FL 33027
Preparer
Melissa Duclas MAC EA
Phone
9546624448
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountAdvertising and Promotion 330Automobile expense 754Rent Expense 11,400Utilities 270Moving Expense 650Contract labor 84,115Donation 150Dues and subscriptons 3,471Insurance expense 748Meals and Entertainment 1,147Medical records and supplies 88Office supplies 1,178Payroll taxes 3,249Taxes and license 75Telephone and Internet 576Repairs and maintenance 763Other expense 1,265Misc expense 4”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearPayroll liabiliites 48,635 0SBA Loan 69,900 56,900”

Raw XML Appendix117 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ROSE HOMICILE
IRS990EZ/BooksInCareOfDetail/PhoneNum03056104017
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01022 NE 210 TERRACE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTH MIAMI
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033179
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0185455
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0121072
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2748
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0185455
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0121072
IRS990EZ/GrossReceiptsAmt0107485
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt066920
IRS990EZ/NetAssetsOrFundBalancesEOYAmt064172
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt066920
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt064172
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROSE HOMICILE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0110233
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PSYCHOLOGICAL ASSESSMENTS
IRS990EZ/ProgramServiceRevenueAmt0107480
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PSYCHOLOGICAL ASSESSMENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PSYCHOLOGICAL ASSESSMENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PSYCHOLOGICAL ASSESSMENTS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0118535
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt056900
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0110233
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0107485
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.infinitewaysnetwork.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0151548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0156111
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0307659
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0307659
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0151548
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0156111
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0307659
IRS990ScheduleA/TotalSupportAmt0307659
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountAdvertising and Promotion 330Automobile expense 754Rent Expense 11,400Utilities 270Moving Expense 650Contract labor 84,115Donation 150Dues and subscriptons 3,471Insurance expense 748Meals and Entertainment 1,147Medical records and supplies 88Office supplies 1,178Payroll taxes 3,249Taxes and license 75Telephone and Internet 576Repairs and maintenance 763Other expense 1,265Misc expense 4
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearPayroll liabiliites 48,635 0SBA Loan 69,900 56,900
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ROSE HOMICILE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03056104017
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INFINITE WAYS NETWORKS INC
ReturnHeader/Filer/BusinessNameControlTxt0INFI
ReturnHeader/Filer/EIN0611681277
ReturnHeader/Filer/USAddress/AddressLine1Txt01400 NE MIAMI GARDENS DR
ReturnHeader/Filer/USAddress/CityNm0NORTH MIAMI BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033179
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0852794723
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0New Currency Accounting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016351 SW 23rd Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Miramar
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033027
ReturnHeader/PreparerPersonGrp/PhoneNum09546624448
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Melissa Duclas MAC EA
ReturnHeader/ReturnTs02023-11-15T09:31:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROSE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOMICILE
ReturnHeader/TaxPeriodBeginDt02022-09-01
ReturnHeader/TaxPeriodEndDt02023-08-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$121,072
Liabilities
$56,900
Net assets
$64,172
Revenue
$107,485
Expenses
$110,233
Net income
-$2,748
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.68$0.53$2.14$3.49$1.91$1.57
2024Detailed filing. Detailed filing data is available for this year.$0.90$0.57$0.33$2.64$2.95$0.31
2023Detailed filing. Detailed filing data is available for this year.$1.21$0.57$0.64$1.07$1.10$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.85$1.19$0.67$0.87$1.05$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.06$1.21$0.85$1.26$1.44$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.62$0.06$0.57$1.56$1.60$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.63$0.02$0.37$1.64$1.51$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$1.11$0.85$0.26