Civic Intelligence

Igarape Inc.

990 • Fiscal year 2021 • EIN 81-2565459

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 28, 2022

100 Church Street Ste 800New York, NY 10007

(917) 797-0462

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$3,848,483

Flat from 2021

Net Assets

Flat

$3,845,856

Flat from 2021

Liabilities

Flat

$2,627

Flat from 2021

Revenue And Expenses

Revenue

Flat

$3,633,968

Flat from 2021

Expenses

Flat

$1,402,431

Flat from 2021

Net Income

Flat

$2,231,537

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $339,330Liabilities 2016: $0Net Assets 2016: $339,3302016Assets 2017: $66,891Liabilities 2017: $0Net Assets 2017: $66,8912017Assets 2018: $701,314Liabilities 2018: $1,845Net Assets 2018: $699,4692018Assets 2019: $1,267,760Liabilities 2019: $53,704Net Assets 2019: $1,214,0562019Assets 2020: $1,618,233Liabilities 2020: $3,918Net Assets 2020: $1,614,3152020Assets 2021: $3,848,483Liabilities 2021: $2,627Net Assets 2021: $3,845,8562021Assets 2021: $3,848,483Liabilities 2021: $2,627Net Assets 2021: $3,845,8562021Assets 2022: $1,477,329Liabilities 2022: $0Net Assets 2022: $1,477,3292022Assets 2023: $1,665,355Liabilities 2023: $21,852Net Assets 2023: $1,643,5032023Assets 2024: $2,344,205Liabilities 2024: $8,380Net Assets 2024: $2,335,8252024

Highlighted filing

2021

Assets$3,848,483
Liabilities$2,627
Net Assets$3,845,856

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $717,670Expenses 2016: $378,340Net Income 2016: $339,3302016Revenue 2017: $312,835Expenses 2017: $584,274Net Income 2017: -$271,4392017Revenue 2018: $1,432,481Expenses 2018: $798,988Net Income 2018: $633,4932018Revenue 2019: $1,491,335Expenses 2019: $976,748Net Income 2019: $514,5872019Revenue 2020: $945,284Expenses 2020: $545,025Net Income 2020: $400,2592020Revenue 2021: $3,633,968Expenses 2021: $1,402,431Net Income 2021: $2,231,5372021Revenue 2021: $3,633,968Expenses 2021: $1,402,431Net Income 2021: $2,231,5372021Revenue 2022: $1,757,205Expenses 2022: $1,814,342Net Income 2022: -$57,1372022Revenue 2023: $1,625,380Expenses 2023: $1,303,806Net Income 2023: $321,5742023Revenue 2024: $2,511,621Expenses 2024: $1,720,427Net Income 2024: $791,1942024

Highlighted filing

2021

Revenue$3,633,968
Expenses$1,402,431
Net Income$2,231,537
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 28, 2022
Return Version
2021v4.0
Gross Receipts
$3,633,968
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,268,522$2,845,744▲ $1,577,222
Cash and Non-Interest-Bearing Accounts$343,244$1,000,369▲ $657,125
Accounts Receivable$2,733--
Prepaid Expenses and Deferred Charges$3,734$2,370▼ $1,364
Total Assets$1,618,233$3,848,483▲ $2,230,250
Liabilities
Accounts Payable and Accrued Expenses$3,918$2,627▼ $1,291
Total Liabilities$3,918$2,627▼ $1,291
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$3,845,856-
Net Assets Without Donor Restrictions$1,614,315--
Total Net Assets Fund Balance$1,614,315$3,845,856▲ $2,231,541
Total Liabilities and Net Assets / Fund Balance$1,618,233$3,848,483▲ $2,230,250
Compensation and Service Providers

Board Members and Trustees

NameTitle
Henry Charles Robert MuggahPresident
Barbara SilvaAdmin. Offic
Glenny MishaSecretary
Bruno GiussaniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,633,968
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,633,968
Change in Net Assets
$2,231,537

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,633,968
Total Revenue per Audited Statements
$3,633,968
Total Revenue per Form 990
$3,633,968
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$755,232
Grants and Similar Amounts Paid$647,199
Total Fundraising Expense$63,949
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$649,289--$649,289
Foreign Grants$647,199--$647,199
Fees for Services Accounting-$15,591-$15,591
Fees for Services Legal-$10,825-$10,825
Travel$5,463--$5,463
Information Technology-$4,463-$4,463
Insurance-$2,370-$2,370
Other Expenses-$2,269$63,949$2,269
Office Expenses-$1,013-$1,013
Total Functional Expenses$1,301,951$36,531$63,949$1,402,431

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,402,431
Total Expenses per Audited Statements$1,402,431
Total Expenses per Form 990$1,402,431
International Activity

International Summary

Offices
3
Employees
3
Spending
$647,199

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
BrazilGrantsGrants11$442,168
CanadaGrantsGrants11$193,886
South AfricaGrantsGrants11$11,145
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-ConsultantConsultingNo$156,000
-ConsultantConsultingNo$156,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 9

Bruno giussani 21 balcengo street faido, sz 6760 glenny misha 138 percy road london, uk w129q1

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

Review process is performed by directors and external legal consultants of the company.

Form 990, Page 6, Part VI, Line 12C

Any conflict of interest is supervised by the board and external legal consultants.

Form 990, Page 6, Part VI, Line 19

Organization's governing documents and tax returns are publicly available through the website of the ny charities bureau.

Filing and Contact Details

Filer

Filer Name
Igarape Inc
EIN
81-2565459
Phone
9177970462
Address
100 CHURCH STREET STE 800, NEW YORK, NY 10007

Signing Officer

Name
Barbara Silva
Title
Admin. Officer
Phone
7817700005
Signed
2022-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Henry Charles Robert Muggah
Formed
2016
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
2
Employees
0

Preparer

Firm
Drummond CPA
Address
840 SUMMER STREET SUITE 206, BOSTON, MA 02127-1533
Preparer
Bruno Drummond
Phone
7817700005
Supplemental Narrative

Additional Explanations

Form 990

Igarape's mission is building peace - designing a new international peace and security architeture, citizen security - assessing what works to prevent and reduce homicide and victimization, cyber security - new thinking on digital protest and open empowerment, drug policy - mobilizing a progressive and humane drug policy agenda end safer cities where critical decisions on managing climate risks, migration flows and public safety will be determined. Form 990, part vi, line 11b - organization's process to review form 990. Review was conducted by directors and external consultants of the company. Form 990, part vi, line 19 - governing documents disclosure explanation. Documents are available to the public upon request.

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

SEE SCHEDULE O

Form 990, Part IX, Line 11G

CONSULTING 649,289 0 0

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IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt03
IRS990ScheduleF/SubtotalOfficesCnt03
IRS990ScheduleF/SubtotalSpentAmt0647199
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0BRAZIL 442,168 0 SOUTH AFRICA 11,145 0 CANADA 193,886 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt03
IRS990ScheduleF/TotalOfficeCnt03
IRS990ScheduleF/TotalSpentAmt0647199
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0SCHEDULE J PART II THE AMOUNT PAID IS A NONTAXABLE BENEFIT BECAUSE THE COMPANY IS LOCATED OUTSIDE OF THE UNITED STATES. IN ADDITION, MR. ROBERT MUGGAH IS NOT COMPENSATED AS A DIRECTOR, INSTEAD IS PAID THROUGH INSIGHT LAB AS A RESEARCHER, IN THE AMOUNT OF 167,690. MR. MUGGAH IS AN EXPERT IN "IOT (INTERNET OF THINGS)", "PEACE BUILD", "SMART CITIES", "SECURITY AND JUSTICE", AND "FUNDRAISING". ILONA SZABO IS RECOGNIZED FOR HER KNOWLEDGE ON DIFFERENT SUBJECTS. SHE WAS EXECUTIVE SECRETARY OF THE GLOBAL COMMISSION ON DRUG POLICY BETWEEN 2011 AND 2016, AND ALSO COORDINATED THE SECRETARIAT OF THE LATIN AMERICAN COMMISSION ON DRUGS AND DEMOCRACY. SHE IS ALSO AN EXPERT IN THE FIELD OF ENVIRONMENTAL CRIMES AND MULTILATERALISM. ILONA SZABO IS THE INSTITUTIONAL REPRESENTATION OF IGARAPE INC, IN ADDITION TO CONSULTING ON PROJECTS WITH TOPICS RELATED TO HER AREAS OF EXPERTISE
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0INSIGHT LAB
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1ILONA SZAB
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CONSULTANT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1CONSULTANT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0156000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1156000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONSULTING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1CONSULTING
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0INSIGHT LAB IS PAID FOR CONSULTING SERVICES AND ROBERT MUGGAH IS ONE OF THE PARTNERS OF THE COMPANY. ILONA SZABO IS RECOGNIZED FOR HER KNOWLEDGE ON DIFFERENT SUBJECTS. SHE WAS EXECUTIVE SECRETARY OF THE GLOBAL COMMISSION ON DRUG POLICY BETWEEN 2011 AND 2016, AND ALSO COORDINATED THE SECRETARIAT OF THE LATIN AMERICAN COMMISSION ON DRUGS AND DEMOCRACY. SHE IS ALSO AN EXPERT IN THE FIELD OF ENVIRONMENTAL CRIMES AND MULTILATERALISM. ILONA SZABO IS THE INSTITUTIONAL REPRESENTATION OF IGARAPE INC, IN ADDITION TO CONSULTING ON PROJECTS WITH TOPICS RELATED TO HER AREAS OF EXPERTISE.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IGARAPE'S MISSION IS BUILDING PEACE - DESIGNING A NEW INTERNATIONAL PEACE AND SECURITY ARCHITETURE, CITIZEN SECURITY - ASSESSING WHAT WORKS TO PREVENT AND REDUCE HOMICIDE AND VICTIMIZATION, CYBER SECURITY - NEW THINKING ON DIGITAL PROTEST AND OPEN EMPOWERMENT, DRUG POLICY - MOBILIZING A PROGRESSIVE AND HUMANE DRUG POLICY AGENDA END SAFER CITIES WHERE CRITICAL DECISIONS ON MANAGING CLIMATE RISKS, MIGRATION FLOWS AND PUBLIC SAFETY WILL BE DETERMINED. FORM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990. REVIEW WAS CONDUCTED BY DIRECTORS AND EXTERNAL CONSULTANTS OF THE COMPANY. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION. DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SEE SCHEDULE O
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BRUNO GIUSSANI 21 BALCENGO STREET FAIDO, SZ 6760 GLENNY MISHA 138 PERCY ROAD LONDON, UK W129Q1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW PROCESS IS PERFORMED BY DIRECTORS AND EXTERNAL LEGAL CONSULTANTS OF THE COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY CONFLICT OF INTEREST IS SUPERVISED BY THE BOARD AND EXTERNAL LEGAL CONSULTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION'S GOVERNING DOCUMENTS AND TAX RETURNS ARE PUBLICLY AVAILABLE THROUGH THE WEBSITE OF THE NY CHARITIES BUREAU.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING 649,289 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01618233
IRS990/TotalAssetsEOYAmt03848483
IRS990/TotalAssetsGrp/BOYAmt01618233
IRS990/TotalAssetsGrp/EOYAmt03848483
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03633968
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt063949
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036531
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01301951
IRS990/TotalFunctionalExpensesGrp/TotalAmt01402431
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03918
IRS990/TotalLiabilitiesEOYAmt02627
IRS990/TotalLiabilitiesGrp/BOYAmt03918
IRS990/TotalLiabilitiesGrp/EOYAmt02627
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01614315
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03845856
IRS990/TotalOtherProgSrvcExpenseAmt01301951
IRS990/TotalOtherProgSrvcGrantAmt0647199
IRS990/TotalProgramServiceExpensesAmt01301951
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03633968
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01618233
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03848483
IRS990/TravelGrp/ProgramServicesAmt05463
IRS990/TravelGrp/TotalAmt05463
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.IGARAPEINC.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BARBARA SILVA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ADMIN. OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum07817700005
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IGARAPE INC
ReturnHeader/Filer/BusinessNameControlTxt0IGAR
ReturnHeader/Filer/EIN0812565459
ReturnHeader/Filer/PhoneNum09177970462
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 CHURCH STREET STE 800
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010007
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273080532
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DRUMMOND CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0840 SUMMER STREET SUITE 206
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0021271533
ReturnHeader/PreparerPersonGrp/PhoneNum07817700005
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRUNO DRUMMOND
ReturnHeader/ReturnTs02022-11-15T15:53:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BARBARA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SILVA
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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