Civic Intelligence

Tie Philadelphia

990EZ • Fiscal year 2020 • EIN 81-3666169

Jan 01, 2020 to Dec 31, 2020 • Filed on Dec 22, 2021

Organization ProfileWWW.PHILADELPHIA.TIE.ORG
1251 Country Club RoadGladwyne, PA 19035

(610) 761-7400

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.00x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

98th percentile

72%

Higher net margin than 98% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-27%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$148,241

Up $19,069 (+15%) from 2019

Net Assets

Up

$148,241

Up $19,069 (+15%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin98th percentile

Revenue

Down

$26,375

Down $9,600 (-27%) from 2019

Expenses

Down

$7,306

Down $6,606 (-47%) from 2019

Net Income

Down

$19,069

Down $2,994 (-14%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$200K$150K$100K$50K$0Assets 2016: $42,460Liabilities 2016: $0Net Assets 2016: $42,4602016Assets 2017: $78,987Liabilities 2017: $0Net Assets 2017: $78,9872017Assets 2018: $107,109Liabilities 2018: $0Net Assets 2018: $107,1092018Assets 2019: $129,172Liabilities 2019: $0Net Assets 2019: $129,1722019Assets 2020: $148,241Liabilities 2020: $0Net Assets 2020: $148,2412020Assets 2021: $169,513Liabilities 2021: $0Net Assets 2021: $169,5132021Assets 2022: $170,210Liabilities 2022: $0Net Assets 2022: $170,2102022Assets 2023: $163,541Liabilities 2023: $0Net Assets 2023: $163,5412023Assets 2024: $160,508Liabilities 2024: $0Net Assets 2024: $160,5082024

Highlighted filing

2020

Assets$148,241
Liabilities$0
Net Assets$148,241
Open 2020 Filing

Operations Trend

Revenue Growth42nd percentile

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

$60K$40K$20K$0-$20KRevenue 2016: $45,358Expenses 2016: $2,898Net Income 2016: $42,4602016Revenue 2017: $56,782Expenses 2017: $20,255Net Income 2017: $36,5272017Revenue 2018: $44,000Expenses 2018: $15,878Net Income 2018: $28,1222018Revenue 2019: $35,975Expenses 2019: $13,912Net Income 2019: $22,0632019Revenue 2020: $26,375Expenses 2020: $7,306Net Income 2020: $19,0692020Revenue 2021: $26,725Expenses 2021: $5,453Net Income 2021: $21,2722021Revenue 2022: $9,211Expenses 2022: $8,514Net Income 2022: $6972022Revenue 2023: $10,555Expenses 2023: $17,224Net Income 2023: -$6,6692023Revenue 2024: $10,299Expenses 2024: $13,332Net Income 2024: -$3,0332024

Highlighted filing

2020

Revenue$26,375
Expenses$7,306
Net Income$19,069
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 22, 2021
Return Version
2020v4.1
Gross Receipts
$26,375
Mission and Program Overview

Mission

Tie philadelphia was formed as a local chapter of the tie global network to support entrepreneurship in the philadelphia region. Tie's mission is to foster entrepreneurship globally through mentoring, networking, education, incubating and funding. Dedicated to the virtuous cycle of wealth creation and giving back to the community, tie's focus is on generating and nurturing our next generation of entrepreneurs.

Program Services

DescriptionGrantsExpenses
TO FOSTER ENTREPRENEURSHIP GLOBALLY THROUGH MENTORING, NETWORKING, EDUCATION, INCUBATING AND FUNDING$0$0
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SASHI REDDIPresidentPT$0--
FAHD RIAZDirector-$0--
DOC PARGHIDirector-$0--
SUCHIT BACHALLIDirector-$0--
MUNISH NARULADirector-$0--
ALJIT JOYDirector-$0--
BRYAN RISHFORTHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Tie Philadelphia
EIN
81-3666169
Phone
6107617400
Address
1251 COUNTRY CLUB ROAD, GLADWYNE, PA 19035

Signing Officer

Name
Doc Parghi
Title
Officer
Phone
6107617400
Signed
2021-12-22
Discuss with paid preparer
Yes

Preparer

Firm
Stephano Slack LLC
Address
125 STRAFFORD AVE STE 200, WAYNE, PA 19087
Preparer
Michael J Stephano
Phone
6106871600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: pa registration fee. Amount: 100. Description: website expenses. Amount: 3,684. Description: bank fees. Amount: 772. Total to form 990-ez, line 16: 4,556.”

Disaster Relief

“Taxpayer is filing under irs disaster relief. Due to hurricane ida floods, the taxpayer's office is located in fema designated area, montgomery county, pa. Under this relief, the taxpayer is granted an extension through january 3, 2022.”

Raw XML Appendix132 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum06107617400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01251 COUNTRY CLUB ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLADWYNE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019035
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0129172
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IRS990EZ/GrossReceiptsAmt026375
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SASHI REDDI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1FAHD RIAZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DOC PARGHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SUCHIT BACHALLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MUNISH NARULA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ALJIT JOY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6BRYAN RISHFORTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04556
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TIE PHILADELPHIA WAS FORMED AS A LOCAL CHAPTER OF THE TIE GLOBAL NETWORK TO SUPPORT ENTREPRENEURSHIP IN THE PHILADELPHIA REGION. TIE'S MISSION IS TO FOSTER ENTREPRENEURSHIP GLOBALLY THROUGH MENTORING, NETWORKING, EDUCATION, INCUBATING AND FUNDING. DEDICATED TO THE VIRTUOUS CYCLE OF WEALTH CREATION AND GIVING BACK TO THE COMMUNITY, TIE'S FOCUS IS ON GENERATING AND NURTURING OUR NEXT GENERATION OF ENTREPRENEURS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO FOSTER ENTREPRENEURSHIP GLOBALLY THROUGH MENTORING, NETWORKING, EDUCATION, INCUBATING AND FUNDING
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0PA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt07306
IRS990EZ/TotalRevenueAmt026375
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PHILADELPHIA.TIE.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: PA REGISTRATION FEE. AMOUNT: 100. DESCRIPTION: WEBSITE EXPENSES. AMOUNT: 3,684. DESCRIPTION: BANK FEES. AMOUNT: 772. TOTAL TO FORM 990-EZ, LINE 16: 4,556.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAXPAYER IS FILING UNDER IRS DISASTER RELIEF. DUE TO HURRICANE IDA FLOODS, THE TAXPAYER'S OFFICE IS LOCATED IN FEMA DESIGNATED AREA, MONTGOMERY COUNTY, PA. UNDER THIS RELIEF, THE TAXPAYER IS GRANTED AN EXTENSION THROUGH JANUARY 3, 2022.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1DISASTER RELIEF
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DOC PARGHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum06107617400
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TIE PHILADELPHIA
ReturnHeader/Filer/BusinessNameControlTxt0TIEP
ReturnHeader/Filer/EIN0813666169
ReturnHeader/Filer/PhoneNum06107617400
ReturnHeader/Filer/USAddress/AddressLine1Txt01251 COUNTRY CLUB ROAD
ReturnHeader/Filer/USAddress/CityNm0GLADWYNE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019035
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161710665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEPHANO SLACK LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0125 STRAFFORD AVE STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAYNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019087
ReturnHeader/PreparerPersonGrp/PhoneNum06106871600
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J STEPHANO
ReturnHeader/ReturnTs02021-12-22T13:43:45-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DOC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PARGHI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$148,241
Liabilities
$0
Net assets
$148,241
Revenue
$26,375
Expenses
$7,306
Net income
$19,069
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$0.10$0.13$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.11$0.17$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$0.09$0.09$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$0.27$0.05$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.26$0.07$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.36$0.14$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.44$0.16$0.28
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.57$0.20$0.37
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.45$0.03$0.42