Civic Intelligence

Miqlat Inc.

990 • Fiscal year 2018 • EIN 81-0599806

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

1850 Lake Morena DriveCampo, CA 91906

(619) 977-1603

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

58th percentile

$31,130

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

84th percentile

31%

Faster asset growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

55th percentile

6.4%

Faster revenue growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$499,462

Up $118,966 (+31%) from 2017

Net Assets

Up

$499,462

Up $118,966 (+31%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$549,785

Up $32,989 (+6.4%) from 2017

Expenses

Up

$430,819

Up $116,969 (+37%) from 2017

Net Income

Down

$118,966

Down $83,980 (-41%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $390,605Liabilities 2010: $19,523Net Assets 2010: $371,0822010Assets 2011: $112,913Liabilities 2011: $904Net Assets 2011: $112,0092011Assets 2012: $123,330Liabilities 2012: $0Net Assets 2012: $123,3302012Assets 2013: $113,001Liabilities 2013: $184Net Assets 2013: $112,8172013Assets 2014: $100,928Liabilities 2014: $0Net Assets 2014: $100,9282014Assets 2015: $117,910Liabilities 2015: $0Net Assets 2015: $117,9102015Assets 2016: $177,550Liabilities 2016: $0Net Assets 2016: $177,5502016Assets 2017: $380,496Liabilities 2017: $0Net Assets 2017: $380,4962017Assets 2018: $499,462Liabilities 2018: $0Net Assets 2018: $499,4622018Assets 2019: $563,276Liabilities 2019: $4,805Net Assets 2019: $558,4712019Assets 2020: $640,892Liabilities 2020: $9,305Net Assets 2020: $631,5872020Assets 2021: $717,931Liabilities 2021: $6,886Net Assets 2021: $711,0452021Assets 2022: $883,577Liabilities 2022: $809Net Assets 2022: $882,7682022Assets 2023: $975,317Liabilities 2023: $0Net Assets 2023: $975,3172023Assets 2024: $986,158Liabilities 2024: $0Net Assets 2024: $986,1582024

Highlighted filing

2018

Assets$499,462
Liabilities$0
Net Assets$499,462

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $236,2882010Expenses 2011: $361,2362011Revenue 2012: $373,826Expenses 2012: $362,505Net Income 2012: $11,3212012Revenue 2013: $332,756Expenses 2013: $343,269Net Income 2013: -$10,5132013Revenue 2014: $281,853Expenses 2014: $293,742Net Income 2014: -$11,8892014Revenue 2015: $349,311Expenses 2015: $332,329Net Income 2015: $16,9822015Revenue 2016: $384,249Expenses 2016: $324,609Net Income 2016: $59,6402016Revenue 2017: $516,796Expenses 2017: $313,850Net Income 2017: $202,9462017Revenue 2018: $549,785Expenses 2018: $430,819Net Income 2018: $118,9662018Revenue 2019: $552,387Expenses 2019: $484,057Net Income 2019: $68,3302019Revenue 2020: $406,283Expenses 2020: $333,167Net Income 2020: $73,1162020Revenue 2021: $419,099Expenses 2021: $339,641Net Income 2021: $79,4582021Revenue 2022: $509,480Expenses 2022: $337,757Net Income 2022: $171,7232022Revenue 2023: $373,363Expenses 2023: $280,814Net Income 2023: $92,5492023Revenue 2024: $368,127Expenses 2024: $357,286Net Income 2024: $10,8412024

Highlighted filing

2018

Revenue$549,785
Expenses$430,819
Net Income$118,966
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$549,785
Mission and Program Overview

Mission

To generate publicity and provide financial support for Miqlat Ministries. Miqlat Ministries is a Christian community in the rural villages of Southern Malawi that helps orphaned children living in poverty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$217,252$347,590▲ $130,338
Land, Buildings, and Equipment, Net$154,444$149,078▼ $5,366
Accounts Receivable$1,885$2,402▲ $517
Savings and Temporary Cash Investments$6,915$392▼ $6,523
Total Assets$380,496$499,462▲ $118,966
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$380,496$499,462▲ $118,966
Total Net Assets Fund Balance$380,496$499,462▲ $118,966
Total Liabilities and Net Assets / Fund Balance$380,496$499,462▲ $118,966

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$148,761$19,040$167,801
Other Land Buildings$0$39,972$39,972
Equipment$317$17,446$17,763
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dan S GillespieTreasurerPT$31,130$31,130

Board Members and Trustees

NameTitle
Sally FoxChair
Kristen GillespiePresident
Doug EngerDirector
Flora GondweDirector
Gayle KottDirector
Peggy CollinsDirector
Ron RivettDirector
Sally NorthmanDirector
Victor JereDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$548,404
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$1,380
All Other Contributions
$548,404
Change in Net Assets
$118,966
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$430,819
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
All Other Expenses$125,400$126-$125,526
Other Expenses$43,495--$43,495
Office Expenses-$20,593-$20,593
Travel$9,977--$9,977
Fees for Services Accounting-$6,247-$6,247
Depreciation Depletion-$5,366-$5,366
Fees for Services Legal$1,051--$1,051
Total Functional Expenses$398,487$32,332$0$430,819
International Activity

International Summary

Offices
1
Employees
0
Spending
$313,222

International Compliance

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
MalawiSupport of orphans in regionHousing, feeding & education1-$313,222
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
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
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, Part VI, Section A, line 2

Husband & wife that both hold board positions and each have voting rights.

Form 990, Part VI, Section B, line 11B

A copy of Form 990 is made available to all board members who have the opportunity to review & approve the return.

Form 990, Part VI, Section C, line 19

The Organization will make available, upon written request, the governing documents, financial statements & policies.

Filing and Contact Details

Filer

Filer Name
Miqlat Inc
EIN
81-0599806
Phone
6199771603
Address
1850 Lake Morena Drive, Campo, CA 91906

Signing Officer

Name
Dan S Gillespie
Title
Treasurer
Phone
6199771603
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan S Gillespie
Formed
1990
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Smith Marion & Co
Address
1940 Orange Tree Lane Suite 100, Redlands, CA 92374
Preparer
Carlos Carazo
Phone
9093072323
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

Auto Expense: Program service expenses 34,997. Management and general expenses 0. Fundraising expenses 0. Total expenses 34,997. Miscellaneous Expense: Program service expenses 31,793. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,793. Office expense - Malawi: Program service expenses 29,999. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,999. Health & welfare: Program service expenses 14,239. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,239. Repairs and Maintenance: Program service expenses 11,449. Management and general expenses 58. Fundraising expenses 0. Total expenses 11,507. Special events: Program service expenses 2,923. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,923. License and permits: Program service expenses 0. Management and general expenses 68. Fundraising expenses 0. Total expenses 68.

Financial Statement Notes

Part X, Line 2:

In accordance with accounting standards, which provides accounting and disclosure guidance about uncertain tax positions taken by an Association, management believes that all of the positions taken by the Organization in its federal and state income tax returns are more likely than not to be sustained upon examination. The Organization files returns in the U.S. Federal jurisdiction and the State of California.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0280844
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01814321
IRS990ScheduleA/TotalSupportAmt01815759
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0148761
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019040
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0167801
IRS990ScheduleD/EquipmentGrp/BookValueAmt0317
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017446
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017763
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039972
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039972
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0In accordance with accounting standards, which provides accounting and disclosure guidance about uncertain tax positions taken by an Association, management believes that all of the positions taken by the Organization in its federal and state income tax returns are more likely than not to be sustained upon examination. The Organization files returns in the U.S. Federal jurisdiction and the State of California.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0149078
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0313222
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Malawi
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Housing, feeding & education
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Support of orphans in region
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0313222
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Funds sent to Malawi are monitored and expenses are recorded by Board Members into accounting software
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1Accrual method of accounting is used to account for expenditures.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 3:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0313222
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Husband & wife that both hold board positions and each have voting rights.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of Form 990 is made available to all board members who have the opportunity to review & approve the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization will make available, upon written request, the governing documents, financial statements & policies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Auto Expense: Program service expenses 34,997. Management and general expenses 0. Fundraising expenses 0. Total expenses 34,997. Miscellaneous Expense: Program service expenses 31,793. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,793. Office expense - Malawi: Program service expenses 29,999. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,999. Health & welfare: Program service expenses 14,239. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,239. Repairs and Maintenance: Program service expenses 11,449. Management and general expenses 58. Fundraising expenses 0. Total expenses 11,507. Special events: Program service expenses 2,923. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,923. License and permits: Program service expenses 0. Management and general expenses 68. Fundraising expenses 0. Total expenses 68.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0380496
IRS990/TotalAssetsEOYAmt0499462
IRS990/TotalAssetsGrp/BOYAmt0380496
IRS990/TotalAssetsGrp/EOYAmt0499462
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0548404
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032332
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0398487
IRS990/TotalFunctionalExpensesGrp/TotalAmt0430819
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0380496
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0499462
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0398487
IRS990/TotalReportableCompFromOrgAmt031130
IRS990/TotalRevenueGrp/ExclusionAmt01
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01380
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0549785
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0380496
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0499462
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt09977
IRS990/TravelGrp/TotalAmt09977
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0380496
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0499462
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01850 Lake Morena Drive
IRS990/USAddress/CityNm0Campo
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091906
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.miqlat.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Dan S Gillespie
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06199771603
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIQLAT INC
ReturnHeader/Filer/BusinessNameControlTxt0MIQL
ReturnHeader/Filer/EIN0810599806
ReturnHeader/Filer/PhoneNum06199771603
ReturnHeader/Filer/USAddress/AddressLine1Txt01850 Lake Morena Drive
ReturnHeader/Filer/USAddress/CityNm0Campo
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091906
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt040.83.160.119
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.86$0.00$9.86$3.68$3.57$0.11
2023Detailed filing. Detailed filing data is available for this year.$9.75$0.00$9.75$3.73$2.81$0.93
2022Detailed filing. Detailed filing data is available for this year.$8.84$0.01$8.83$5.09$3.38$1.72
2021Detailed filing. Detailed filing data is available for this year.$7.18$0.07$7.11$4.19$3.40$0.79
2020Detailed filing. Detailed filing data is available for this year.$6.41$0.09$6.32$4.06$3.33$0.73
2019Detailed filing. Detailed filing data is available for this year.$5.63$0.05$5.58$5.52$4.84$0.68
2018Detailed filing. Detailed filing data is available for this year.$4.99$0.00$4.99$5.50$4.31$1.19
2017Detailed filing. Detailed filing data is available for this year.$3.80$0.00$3.80$5.17$3.14$2.03
2016Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$3.84$3.25$0.60
2015Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$3.49$3.32$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$2.82$2.94$0.12
2013Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$3.33$3.43$0.11
2012Summary only. Only limited summary data is available for this year.$1.23$0.00$1.23$3.74$3.63$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.01$1.12$3.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$0.20$3.71$2.36