Civic Intelligence

Olabi Foundation

990PF • Fiscal year 2023 • EIN 81-4166892

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

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

63rd percentile

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.00x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Net Margin

1st percentile

-95800%

Higher net margin than 1% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2023 filings • <$500k nonprofits • Source year 2023

Asset Growth

16th percentile

-30%

Faster asset growth than 16% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

45th percentile

0.0%

Faster revenue growth than 45% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,197

Down $959 (-30%) from 2022

Net Assets

Down

$2,197

Down $959 (-30%) from 2022

Liabilities

Flat

$1

Flat from 2022

Revenue

Flat

$1

Flat from 2022

Expenses

Down

$959

Down $12,671 (-93%) from 2022

Net Income

Up

-$958

Up $12,671 (+93%) from 2022

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

2023

Assets$2,197
Liabilities$1
Net Assets$2,197

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

2023

Revenue$1
Expenses$959
Net Income-$958
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.0
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
2024-11-11

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 Appendix174 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/EmployeeBenefitProgramAmt10
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IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt00
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IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
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IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK CHARGES
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ZOUHEIR OLABI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
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/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02024-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WAHAB ISMAIL CPA
ReturnHeader/ReturnTs02024-11-11T16:00:21-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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