Civic Intelligence

Edwards Initiative Inc.

990 • Fiscal year 2017 • EIN 81-2871637

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

3881 Jessup RoadCincinnati, OH 45247

(513) 378-5827

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$66,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 40.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Assets

$27,627

No earlier filing loaded for comparison.

Net Assets

$27,627

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$165,050

No earlier filing loaded for comparison.

Expenses

$137,423

No earlier filing loaded for comparison.

Net Income

$27,627

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $27,627Liabilities 2017: $0Net Assets 2017: $27,6272017Assets 2018: $12,606Liabilities 2018: $0Net Assets 2018: $12,6062018Assets 2019: $67,767Liabilities 2019: $0Net Assets 2019: $67,7672019Assets 2020: $37,922Liabilities 2020: $0Net Assets 2020: $37,9222020Assets 2021: $49,029Liabilities 2021: $0Net Assets 2021: $49,0292021Assets 2022: $47,056Liabilities 2022: $0Net Assets 2022: $47,0562022Assets 2023: $436,680Liabilities 2023: $0Net Assets 2023: $436,6802023Assets 2024: $287,915Liabilities 2024: $0Net Assets 2024: $287,9152024Assets 2025: $133,896Liabilities 2025: $0Net Assets 2025: $133,8962025

Highlighted filing

2017

Assets$27,627
Liabilities$0
Net Assets$27,627

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $165,050Expenses 2017: $137,423Net Income 2017: $27,6272017Revenue 2018: $170,000Expenses 2018: $185,021Net Income 2018: -$15,0212018Revenue 2019: $205,000Expenses 2019: $149,839Net Income 2019: $55,1612019Revenue 2020: $115,150Expenses 2020: $144,995Net Income 2020: -$29,8452020Revenue 2021: $165,000Expenses 2021: $153,893Net Income 2021: $11,1072021Revenue 2022: $70,000Expenses 2022: $71,973Net Income 2022: -$1,9732022Revenue 2023: $515,664Expenses 2023: $126,040Net Income 2023: $389,6242023Revenue 2024: $0Expenses 2024: $148,765Net Income 2024: -$148,7652024Revenue 2025: $10,200Expenses 2025: $164,219Net Income 2025: -$154,0192025

Highlighted filing

2017

Revenue$165,050
Expenses$137,423
Net Income$27,627
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.2
Gross Receipts
$165,050
Mission and Program Overview

Mission

Provide financial literacy education to children and adults

To provide financial literacy education to children and adults to help individuals gain greater financial independence and to make distributions to charitable and educational institutions with similar purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$27,627-
Rtn Earn Endowment Incm Other Fnds-$27,627-
Total Assets$0$27,627▲ $27,627
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$27,627▲ $27,627
Total Liabilities and Net Assets / Fund Balance$0$27,627▲ $27,627
Compensation and Service Providers

Employees

NameTitleBaseTotal
Robert F JungPresident$66,000$66,000
Revenue and Support

Revenue Composition

Contributions and Grants
$165,050
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$165,050
Change in Net Assets
$27,627
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Total Fundraising Expense$71,145
Salaries, Compensation, and Employee Benefits$71,091
Other Expenses$66,332
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons--$66,000$66,000
Other Expenses-$65,000$54$65,000
Payroll Taxes--$5,091$5,091
Information Technology-$1,118-$1,118
Total Functional Expenses$0$66,278$71,145$137,423
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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 governing body review Part VI line 11

The Form 990 was not reviewed by all members of the governing board because there was not sufficient time between when the form was due and its completion.

Governing documents etc available to public Part VI line 19

If any member of the public wishes to obtain the governing documents, the organizations conflict of interest policy or the organizations financial statements, they should contact Rob Jung at 3881 Jessup Road, Cincinnati, OH 45247, Tel. No. (513) 378-5827.

Filing and Contact Details

Filer

Filer Name
Edwards Initiative Inc
EIN
81-2871637
Address
3881 Jessup Road, Cincinnati, OH 45247

Signing Officer

Name
Robert F Jung
Title
President
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert F Jung
Formed
2017
Legal Domicile
Oh
Voting Board Members
1
Independent Board Members
1
Employees
1

Preparer

Firm
Michael J Doppes & Co
Address
5177 North Bend Road Suite A, Cincinnati, OH 45211-1900
Preparer
Michael J Doppes
Phone
5136849975
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