Civic Intelligence

Impact Initiatives Inc.

990 • Fiscal year 2020 • EIN 65-1081155

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

3030 N Ricky Point DriveTampa, FL 33607

(866) 672-5437

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

4th percentile

-87%

Higher net margin than 4% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

15th percentile

-5.0%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Assets

Down

$1,509,190

Down $79,014 (-5.0%) from 2019

Net Assets

Down

$1,509,190

Down $79,014 (-5.0%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$91,738

Up $122,088 (+402%) from 2019

Expenses

Up

$171,395

Up $136,488 (+391%) from 2019

Net Income

Down

-$79,657

Down $14,400 (-22%) from 2019

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$0-$500KAssets 2011: $2,838Liabilities 2011: $3,800Net Assets 2011: -$9622011Assets 2012: $7,128Liabilities 2012: $9,040Net Assets 2012: -$1,9122012Assets 2013: $8,044Liabilities 2013: $16,489Net Assets 2013: -$8,4452013Assets 2014: $3,246Liabilities 2014: $15,420Net Assets 2014: -$12,1742014Assets 2015: $5,839Liabilities 2015: $12,321Net Assets 2015: -$6,4822015Assets 2016: $407Liabilities 2016: $4,1942016Assets 2017: $132Liabilities 2017: $3,739Net Assets 2017: -$3,6072017Assets 2018: $17,372Liabilities 2018: $0Net Assets 2018: $17,3722018Assets 2019: $1,588,204Liabilities 2019: $0Net Assets 2019: $1,588,2042019Assets 2020: $1,509,190Liabilities 2020: $0Net Assets 2020: $1,509,1902020Assets 2021: $1,384,317Liabilities 2021: $0Net Assets 2021: $1,384,3172021Assets 2022: $951,047Liabilities 2022: $1,427Net Assets 2022: $949,6202022Assets 2023: $605,145Liabilities 2023: $10,336Net Assets 2023: $594,8092023Assets 2024: $369,574Liabilities 2024: $1,241Net Assets 2024: $368,3332024

Highlighted filing

2020

Assets$1,509,190
Liabilities$0
Net Assets$1,509,190

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $150,057Expenses 2011: $174,862Net Income 2011: -$24,8052011Revenue 2012: $158,833Expenses 2012: $159,783Net Income 2012: -$9502012Revenue 2013: $124,257Expenses 2013: $130,790Net Income 2013: -$6,5332013Revenue 2014: $100,677Expenses 2014: $104,407Net Income 2014: -$3,7302014Revenue 2015: $85,472Expenses 2015: $79,781Net Income 2015: $5,6912015Revenue 2016: $28,128Expenses 2016: $25,433Net Income 2016: $2,6952016Revenue 2017: $2,696,339Expenses 2017: $2,696,158Net Income 2017: $1812017Revenue 2018: $0Expenses 2018: $22,687Net Income 2018: -$22,6872018Revenue 2019: -$30,350Expenses 2019: $34,907Net Income 2019: -$65,2572019Revenue 2020: $91,738Expenses 2020: $171,395Net Income 2020: -$79,6572020Revenue 2021: $192,950Expenses 2021: $311,910Net Income 2021: -$118,9602021Revenue 2022: $26,327Expenses 2022: $235,054Net Income 2022: -$208,7272022Revenue 2023: $143,437Expenses 2023: $462,543Net Income 2023: -$319,1062023Revenue 2024: $227,734Expenses 2024: $465,623Net Income 2024: -$237,8892024

Highlighted filing

2020

Revenue$91,738
Expenses$171,395
Net Income-$79,657
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$91,738
Mission and Program Overview

Mission

Improve lives and create social impact in problem areas

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,574,928$1,492,854▼ $82,074
Cash and Non-Interest-Bearing Accounts$11,854$14,914▲ $3,060
Land, Buildings, and Equipment, Net$1,422$1,422→ $0
Total Assets$1,588,204$1,509,190▼ $79,014
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$1,509,190-
Total Net Assets Fund Balance$1,588,204$1,509,190▼ $79,014
Total Liabilities and Net Assets / Fund Balance$1,588,204$1,509,190▼ $79,014

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,422--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Roberto ChavesPresident
James Robert FrantzDirector
Oscar ReyesSecretary
Maria Luisa ChavesTreasurer
Adriana KuharVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$91,738
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$91,738
Change in Net Assets
$-79,657
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$170,800
Other Expenses$595
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$163,300--$163,300
Grants to Domestic Individuals$7,500--$7,500
Information Technology-$476-$476
Fees for Services Legal-$119-$119
Total Functional Expenses$170,800$595$0$171,395
International Activity

International Summary

Spending
$166,900

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Colombia (fund. Iniciativas De Impacto)CharityCharity for Schools--$160,000
UruguayMissionaryMissionary Charity--$2,700
MexicoMissionaryMissionary Charity--$2,400
ThailandMissionaryMissionary Charity--$1,800
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 35% controlled entity
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Impact Initatives Inc
EIN
65-1081155
Phone
8666725437
Address
3030 N RICKY POINT DRIVE, TAMPA, FL 33607

Signing Officer

Name
Roberto Chaves
Title
President
Phone
8666725437
Signed
2021-11-10

Organization Details

Principal Officer
Roberto Chaves
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Sj Law Group Pllc
Address
150 SE 2ND AVE STE 905, MIAMI, FL 33131-1576
Preparer
Leonardo Teixeira
Phone
3055039867
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Donation to the covenant giving il, donation to citizengo

Raw XML Appendix299 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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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/USAddress/ZIPCd033607
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472950644
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SJ LAW GROUP PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 SE 2ND AVE STE 905
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0331311576
ReturnHeader/PreparerPersonGrp/PhoneNum03055039867
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEONARDO TEIXEIRA
ReturnHeader/ReturnTs02021-11-15T14:29:16-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERTO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHAVES
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$0.23$0.47$0.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.01$0.59$0.14$0.46$0.32
2022Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.03$0.24$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.00$1.38$0.19$0.31$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$0.09$0.17$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.00$1.59$0.03$0.03$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$0.00$0.02$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$2.70$2.70$0.00
2016Summary only. Only limited summary data is available for this year.$0.00$0.00$0.03$0.03$0.00
2015Summary only. Only limited summary data is available for this year.$0.01$0.01$0.01$0.09$0.08$0.01
2014Summary only. Only limited summary data is available for this year.$0.00$0.02$0.01$0.10$0.10$0.00
2013Summary only. Only limited summary data is available for this year.$0.01$0.02$0.01$0.12$0.13$0.01
2012Summary only. Only limited summary data is available for this year.$0.01$0.01$0.00$0.16$0.16$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.15$0.17$0.02