Civic Intelligence

Harambee Inc.

EIN 65-0831769 • 501(c)3 • Miami, FL

Pub. 78 Eligible990-N Coverage

Profile

To provide programs and services for the advancement of the arts and

PO Box 972883Miami, FL 33197

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

92nd percentile

59%

Higher net margin than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$502

Down $736 (-59%) from 2010

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Down

$502

Down $736 (-59%) from 2010

Operations
Liabilities / Revenue62nd percentileNet Margin92nd percentile

Revenue

Down

$150

Down $6,354 (-98%) from 2010

Expenses

Down

$61

Down $7,229 (-99%) from 2010

Net Income

Up

$89

Up $875 (+111%) from 2010

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5K$1.0K$500$0Assets 2010: $1,238Net Assets 2010: $1,2382010Assets 2015: $502Liabilities 2015: $0Net Assets 2015: $5022015

Highlighted filing

2015

Assets$502
Liabilities$0
Net Assets$502
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10K$5.0K$0-$5.0KRevenue 2010: $6,504Expenses 2010: $7,290Net Income 2010: -$7862010Revenue 2015: $150Expenses 2015: $61Net Income 2015: $892015

Highlighted filing

2015

Revenue$150
Expenses$61
Net Income$89
Open 2015 Filing

Filings

Most recent year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$502
Liabilities
$0
Net assets
$502
Revenue
$150
Expenses
$61
Net income
$89
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$502$0$502$150$61$89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,238$1,238$6,504$7,290$786
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 8, 2016
Return Version
2015v2.1
Gross Receipts
$150
Mission and Program Overview

Mission

To provide programs and services for the advancement of the arts and

To provide programs and services for the advancement of the arts and sciences for children and community residents in traditionally underserved communities for purposes of personal development and community empowerment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$413$502▲ $89
Rtn Earn Endowment Incm Other Fnds$413$502▲ $89
Total Assets$413$502▲ $89
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$413$502▲ $89
Total Liabilities and Net Assets / Fund Balance$413$502▲ $89
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Austin LetrenDirector
Celia WitterDirector
Hope EdwardsDirector
Laurette JeanDirector
Petagay LetrenExec. Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$150
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$89
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$61
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$0$61$0$61
Total Functional Expenses$0$61$0$61
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Harambee Inc
EIN
65-0831769
Phone
7864991196
Address
PO BOX 972883, MIAMI, FL 33197

Signing Officer

Name
Petagay Letren
Title
President
Phone
7864991196
Signed
2016-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Petagay Letren
Formed
1998
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
2

Preparer

Firm
Nicole K Patten CPA
Address
PO Box 1050, Melrose, FL 32666-1050
Preparer
Nicole K Patten CPA
Phone
7722835321
Supplemental Narrative

Additional Explanations

Pt VI, Line 1A

“A corporate resolution states that any board member biologically related or related by marriage to the executive director or any other staff member may not vote on salary of the related individual. Such a relationship does exist and therefore that board member has a material difference in voting rights from other independent board members.”

Pt VI, Line 2

“The executive director is the daughter of a board member.”

Pt VI, Line 8A

“During 2015, the organization was in the planning phase for "successful failures: creating a personal culture of success", and board members were made aware of the project via oral communications between the board and the executive director. However, due to several health challenges experienced by the executive director during the year, formal meetings whereby written minutes could be documented were not possible.”

Pt VI, Line 8B

“The organization has a very small board and no committee structure is in place; therefore, there are no minutes or actions to document.”

Pt VI, Line 11B

“Form 990 is sent electronically to all board members for review before submission.”

Pt VI, Line 19

“Governing documents are promptly made available upon request. No such requests were made during the tax year. Financial statements are filed annually with the florida department of agriculture and consumer services, and these filings are made public in accordance with florida law.”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A CORPORATE RESOLUTION STATES THAT ANY BOARD MEMBER BIOLOGICALLY RELATED OR RELATED BY MARRIAGE TO THE EXECUTIVE DIRECTOR OR ANY OTHER STAFF MEMBER MAY NOT VOTE ON SALARY OF THE RELATED INDIVIDUAL. SUCH A RELATIONSHIP DOES EXIST AND THEREFORE THAT BOARD MEMBER HAS A MATERIAL DIFFERENCE IN VOTING RIGHTS FROM OTHER INDEPENDENT BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR IS THE DAUGHTER OF A BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING 2015, THE ORGANIZATION WAS IN THE PLANNING PHASE FOR "SUCCESSFUL FAILURES: CREATING A PERSONAL CULTURE OF SUCCESS", AND BOARD MEMBERS WERE MADE AWARE OF THE PROJECT VIA ORAL COMMUNICATIONS BETWEEN THE BOARD AND THE EXECUTIVE DIRECTOR. HOWEVER, DUE TO SEVERAL HEALTH CHALLENGES EXPERIENCED BY THE EXECUTIVE DIRECTOR DURING THE YEAR, FORMAL MEETINGS WHEREBY WRITTEN MINUTES COULD BE DOCUMENTED WERE NOT POSSIBLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A VERY SMALL BOARD AND NO COMMITTEE STRUCTURE IS IN PLACE; THEREFORE, THERE ARE NO MINUTES OR ACTIONS TO DOCUMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE PROMPTLY MADE AVAILABLE UPON REQUEST. NO SUCH REQUESTS WERE MADE DURING THE TAX YEAR. FINANCIAL STATEMENTS ARE FILED ANNUALLY WITH THE FLORIDA DEPARTMENT OF AGRICULTURE AND CONSUMER SERVICES, AND THESE FILINGS ARE MADE PUBLIC IN ACCORDANCE WITH FLORIDA LAW.
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