Civic Intelligence

Olabi Foundation

990PF • Fiscal year 2020 • EIN 81-4166892

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

C/O 6845 Greenfield Rd Ste 100Detroit, MI 48228

(313) 253-0161

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

1.00x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Net Margin

1st percentile

-59900%

Higher net margin than 1% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2020 filings • <$500k nonprofits • Source year 2020

Asset Growth

37th percentile

-3.3%

Faster asset growth than 37% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

65th percentile

0.0%

Faster revenue growth than 65% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$17,386

Down $600 (-3.3%) from 2019

Net Assets

Down

$17,386

Down $600 (-3.3%) from 2019

Liabilities

Flat

$1

Flat from 2019

Revenue

Flat

$1

Flat from 2019

Expenses

Down

$600

Down $6,514 (-92%) from 2019

Net Income

Up

-$599

Up $6,514 (+92%) from 2019

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2016: $15,000Liabilities 2016: $0Net Assets 2016: $15,0002016Assets 2017: $28,450Liabilities 2017: $0Net Assets 2017: $28,4502017Assets 2018: $25,100Liabilities 2018: $0Net Assets 2018: $25,1002018Assets 2019: $17,986Liabilities 2019: $1Net Assets 2019: $17,9862019Assets 2020: $17,386Liabilities 2020: $1Net Assets 2020: $17,3862020Assets 2021: $16,786Liabilities 2021: $1Net Assets 2021: $16,7862021Assets 2022: $3,156Liabilities 2022: $1Net Assets 2022: $3,1562022Assets 2023: $2,197Liabilities 2023: $1Net Assets 2023: $2,1972023Assets 2024: $16,238Liabilities 2024: $0Net Assets 2024: $16,2382024

Highlighted filing

2020

Assets$17,386
Liabilities$1
Net Assets$17,386

Operations Trend

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

$20K$10K$0-$10K-$20KRevenue 2016: $15,000Expenses 2016: $0Net Income 2016: $15,0002016Revenue 2017: $15,100Expenses 2017: $1,650Net Income 2017: $13,4502017Revenue 2018: $0Expenses 2018: $3,350Net Income 2018: -$3,3502018Revenue 2019: $1Expenses 2019: $7,114Net Income 2019: -$7,1132019Revenue 2020: $1Expenses 2020: $600Net Income 2020: -$5992020Revenue 2021: $1Expenses 2021: $600Net Income 2021: -$5992021Revenue 2022: $1Expenses 2022: $13,630Net Income 2022: -$13,6292022Revenue 2023: $1Expenses 2023: $959Net Income 2023: -$9582023Revenue 2024: $15,000Expenses 2024: $959Net Income 2024: $14,0412024

Highlighted filing

2020

Revenue$1
Expenses$600
Net Income-$599
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RABI OLABISecretary-$0--
SAMIR OLABIVice Preside-$0--
ZOUHEIR OLABIPresident-$0--
Filing and Contact Details

Filer

Filer Name
Olabi Foundation
EIN
81-4166892
Address
C/O 6845 GREENFIELD RD STE 100, DETROIT, MI 48228

Signing Officer

Name
Zouheir Olabi
Title
President
Signed
2021-11-10

Preparer

Firm
Wahab a Ismail CPA Pc
Address
6845 GREENFIELD RD STE 100, DETROIT, MI 48228-3447
Preparer
Wahab Ismail CPA
Phone
3132530161
Raw XML Appendix172 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.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt00
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt00
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
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IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
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IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
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IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ZOUHEIR OLABI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLABI FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OLAB
ReturnHeader/Filer/EIN0814166892
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O 6845 GREENFIELD RD STE 100
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048228
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200318787
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WAHAB A ISMAIL CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06845 GREENFIELD RD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DETROIT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0482283447
ReturnHeader/PreparerPersonGrp/PhoneNum03132530161
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WAHAB ISMAIL CPA
ReturnHeader/ReturnTs02021-11-10T16:54:57-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ZOUHEIR
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OLABI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings