Civic Intelligence

The Nomi Network

990 • Fiscal year 2018 • EIN 80-0290896

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 19, 2019

PO Box 42New York, NY 10156

(646) 867-0608

Siviq Scores

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

Liabilities / Assets

54th percentile

0.12x

Higher debt load relative to assets than 54% of similar nonprofits.

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

Liabilities / Revenue

42nd percentile

0.06x

Higher debt load relative to revenue than 42% of similar nonprofits.

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

Net Margin

79th percentile

21%

Higher net margin than 79% of similar nonprofits.

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

Top Officer Pay

68th percentile

$99,591

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

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

Asset Growth

92nd percentile

56%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

86th percentile

44%

Faster revenue growth than 86% of similar nonprofits.

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

Assets

Up

$1,129,623

Up $404,736 (+56%) from 2017

Net Assets

Up

$999,293

Up $379,053 (+61%) from 2017

Liabilities

Up

$130,330

Up $25,683 (+25%) from 2017

Revenue

Up

$2,031,421

Up $617,808 (+44%) from 2017

Expenses

Up

$1,599,182

Up $347,295 (+28%) from 2017

Net Income

Up

$432,239

Up $270,513 (+167%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $40,995Liabilities 2011: $1,913Net Assets 2011: $39,0822011Assets 2012: $182,215Liabilities 2012: $79,301Net Assets 2012: $102,9142012Assets 2013: $208,753Liabilities 2013: $70,403Net Assets 2013: $138,3502013Assets 2014: $337,625Liabilities 2014: $48,762Net Assets 2014: $288,8632014Assets 2015: $445,565Liabilities 2015: $34,950Net Assets 2015: $410,6152015Assets 2016: $515,902Liabilities 2016: $40,179Net Assets 2016: $475,7232016Assets 2017: $724,887Liabilities 2017: $104,647Net Assets 2017: $620,2402017Assets 2018: $1,129,623Liabilities 2018: $130,330Net Assets 2018: $999,2932018Assets 2019: $1,223,185Liabilities 2019: $283,396Net Assets 2019: $939,7892019Assets 2020: $1,752,275Liabilities 2020: $185,190Net Assets 2020: $1,567,0852020Assets 2021: $3,190,861Liabilities 2021: $85,388Net Assets 2021: $3,105,4732021Assets 2022: $3,710,551Liabilities 2022: $120,339Net Assets 2022: $3,590,2122022Assets 2023: $4,321,329Liabilities 2023: $437,894Net Assets 2023: $3,883,4352023Assets 2024: $4,375,890Liabilities 2024: $592,366Net Assets 2024: $3,783,5242024

Highlighted filing

2018

Assets$1,129,623
Liabilities$130,330
Net Assets$999,293

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $160,529Expenses 2011: $138,210Net Income 2011: $22,3192011Expenses 2012: $243,1612012Revenue 2013: $378,044Expenses 2013: $398,449Net Income 2013: -$20,4052013Revenue 2014: $545,575Expenses 2014: $448,364Net Income 2014: $97,2112014Revenue 2015: $751,836Expenses 2015: $630,084Net Income 2015: $121,7522015Revenue 2016: $977,154Expenses 2016: $957,240Net Income 2016: $19,9142016Revenue 2017: $1,413,613Expenses 2017: $1,251,887Net Income 2017: $161,7262017Revenue 2018: $2,031,421Expenses 2018: $1,599,182Net Income 2018: $432,2392018Revenue 2019: $2,287,767Expenses 2019: $2,327,353Net Income 2019: -$39,5862019Revenue 2020: $2,665,412Expenses 2020: $2,012,040Net Income 2020: $653,3722020Revenue 2021: $3,729,096Expenses 2021: $2,555,983Net Income 2021: $1,173,1132021Revenue 2022: $3,483,818Expenses 2022: $2,999,079Net Income 2022: $484,7392022Revenue 2023: $4,319,313Expenses 2023: $4,026,090Net Income 2023: $293,2232023Revenue 2024: $5,202,505Expenses 2024: $5,290,099Net Income 2024: -$87,5942024

Highlighted filing

2018

Revenue$2,031,421
Expenses$1,599,182
Net Income$432,239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 19, 2019
Return Version
2018v3.1
Gross Receipts
$2,232,746
Mission and Program Overview

Mission

Nomi networks mission is to create economic opportunities for survivors and women at risk of human trafficking by equipping them with leadership, entrepreneurship, and technical skills to become financially independent.

Creating economic opportunities for survivors and women at risk of human trafficking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$453,205$481,273▲ $28,068
Pledges and Grants Receivable$70,000$459,348▲ $389,348
Land, Buildings, and Equipment, Net$107,181$100,126▼ $7,055
Prepaid Expenses and Deferred Charges$21,842$49,293▲ $27,451
Inventories for Sale or Use$59,020$28,656▼ $30,364
Accounts Receivable$17,530$0▼ $17,530
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$733,028$1,129,623▲ $396,595
Other Assets Total$4,250$10,927▲ $6,677
Liabilities
Accounts Payable and Accrued Expenses$104,647$130,330▲ $25,683
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$104,647$130,330▲ $25,683
Net Assets / Fund Balance
Unrestricted Net Assets$518,381$520,013▲ $1,632
Temporarily Rstr Net Assets$110,000$479,280▲ $369,280
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$628,381$999,293▲ $370,912
Total Liabilities and Net Assets / Fund Balance$733,028$1,129,623▲ $396,595

Asset Categories

AssetBook ValueDepreciationBasis
Land$84,849-$84,849
Equipment$15,277$16,406$31,683
Other Land Buildings--$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Diana MaoCo-founder and PresidentFT$97,254$2,337$99,591
Supei LiuVP of Global IniativesFT$88,814$2,337$91,151
Alissa Moore-WilliamsChief Operating OfficerFT$42,751-$42,751

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,940,147
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$91,274
All Other Contributions
$1,599,009
Change in Net Assets
$432,239

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,031,421
Revenue Not Reported on Form 990
$94,933
Total Revenue per Audited Statements
$2,126,354
Total Revenue per Form 990
$2,031,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$893,608
Salaries, Compensation, and Employee Benefits$691,785
Total Fundraising Expense$26,814
Grants and Similar Amounts Paid$13,789
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$517,557$38,107$14,290$569,954
Fees for Services Other$317,311--$317,311
Fees for Services Accounting-$165,639-$165,639
Travel$119,723$9,866$3,700$133,289
Occupancy$81,372$5,869$2,201$89,442
Other Employee Benefits$75,390$6,632$2,487$84,509
Office Expenses$61,701$2,599$975$65,275
Payroll Taxes$33,216$2,986$1,120$37,322
Other Expenses$33,904$887$332$35,123
Fees for Services Legal-$16,607-$16,607
All Other Expenses$14,387$1,293$485$16,165
Foreign Grants$13,789--$13,789
Conferences and Meetings$9,192$826$310$10,328
Depreciation Depletion$6,395$359$135$6,889
Insurance$4,049$364$137$4,550
Total Functional Expenses$1,307,012$265,356$26,814$1,599,182

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,694,115
Expenses per Audited Statements$1,599,182
Total Expenses per Form 990$1,599,182
Expenses Not Reported on Form 990$94,933
International Activity

International Summary

Offices
2
Employees
16
Spending
$189,148

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram ServicesJob training17$114,923
South AsiaProgram ServicesJob Training19$74,225
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$94,933
Fundraising Gross Income$94,933
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$436,071$94,933$3,600$91,333
Total Events$436,071$94,933$94,933-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 15

The Board determines the compensation of the executive team. The executive team determines the compensation of all employees, which are then approved by the Board during the overall budget approval process, which includes compensation for all employees.

Form 990, Part VI, Section A, Line 11

Upon completion of the Federal Form 990 by the outside audit firm and review by management, a draft is provided to the finance committee to review. Upon approval by the finance committee, the final version is distributed to the board for their review and approval prior to submission of the form to the IRS.

Form 990, Part VI, Section C, Line 19

ALL GOVERNING DOCUMENTS and the public disclosure copy of the form 990 ARE AVAILABLE UPON REQUEST.

Form 990, Part VI, Section B, Line 12C

The organization distributes applicable conflict of interest forms to all board members annually, and requests a signed compliance statement from each person.

Filing and Contact Details

Filer

Filer Name
Nomi Network Inc
EIN
80-0290896
In Care Of
% DIANA MAO
Phone
6468670608
Address
PO Box 42, New York, NY 10156

Signing Officer

Name
Diana Mao
Title
President
Phone
6468670608
Signed
2019-09-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diana Mao
Formed
2009
Legal Domicile
De
Voting Board Members
13
Independent Board Members
10
Employees
18
Volunteers
50

Preparer

Firm
Withumsmithbrown Pc
Address
1411 BROADWAY 9TH FLOOR, NEW YORK, NY 10018
Preparer
Cathy Bendall CPA
Phone
2127519100
Supplemental Narrative

Additional Explanations

Page 2, Part III, Line 4A

Human trafficking is the exploitationby force, coercion, or deceptionof one person by another for labor or sex. It is an estimated $150 billion industry that exists in every country and enslaves approximately 40.3 million people globally. Nomi Networks vision is a world without slavery where every woman can know her full potential. Our mission is to create economic opportunities for survivors and women at risk of human trafficking by equipping them with leadership, entrepreneurship, and technical skills to become financially independent. In India, our Rural Empowerment program provides livelihoods and workforce training to vulnerable women in trafficking hotspots in Bihar, Odisha, and West Bengal. These states have horrific outcomes for women and girls, along with some of the highest rates of bonded labor, caste discrimination, and social inequality. With employable skills and economic opportunities, our women are able to break cycles of poverty and exploitation that fuel modern day slavery. In Cambodia, we provide high-skills fashion training and capacity building for survivors and women at risk of trafficking. We partner with local organizations and social enterprises to provide fashion training and market access through our Nomi International Fashion Training school. By providing higher skills labor, we are empowering women to obtain higher skills work or to create their own enterprises. We are raising up a generation of fashion leaders who will help transform supply chains and reduce labor exploitation in Cambodia.

Form 990 Part IX Line 11G

Description:contract labor total fees:216407

Form 990 Part IX Line 11G

Description:program consultants total fees:100904

Financial Statement Notes

Schedule D, Part X, Line 2

Nomi Network is exempt from federal income taxes as it is a charitable organization under Section 501 (c) (3) of the Internal Revenue Code. Additionally, Nomi Network is taxed as a corporation in India and is subject to taxes on the corporate net income. Nomi Network has determined that there are no uncertain tax positions as of December 31, 2018 and there were no income tax related penalties or interest for the periods reported in these financial statements.

Schedule D, Part XI and Part XII Line 4B

Special event expenses of $94,933 have been netted against special event income in the form 990.

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt0Co-founder and President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chief Operating Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP of Global Iniatives
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
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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.$4.38$0.59$3.78$5.20$5.29$0.09
2023Detailed filing. Detailed filing data is available for this year.$4.32$0.44$3.88$4.32$4.03$0.29
2022Detailed filing. Detailed filing data is available for this year.$3.71$0.12$3.59$3.48$3.00$0.48
2021Detailed filing. Detailed filing data is available for this year.$3.19$0.09$3.11$3.73$2.56$1.17
2020Detailed filing. Detailed filing data is available for this year.$1.75$0.19$1.57$2.67$2.01$0.65
2019Detailed filing. Detailed filing data is available for this year.$1.22$0.28$0.94$2.29$2.33$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.13$1.00$2.03$1.60$0.43
2017Detailed filing. Detailed filing data is available for this year.$0.72$0.10$0.62$1.41$1.25$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.04$0.48$0.98$0.96$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.03$0.41$0.75$0.63$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.05$0.29$0.55$0.45$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.21$0.07$0.14$0.38$0.40$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.08$0.10$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.16$0.14$0.02