Civic Intelligence

Ideation Lab

990EZ • Fiscal year 2021 • EIN 81-5168182

Feb 01, 2020 to Jan 31, 2021 • Filed on Sep 06, 2021

20961 Canyon View DrSaratoga, CA 95070

(512) 508-6294

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

54th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-636%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

25th percentile

-11%

Faster asset growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

5759%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$50,756

Down $6,316 (-11%) from 2020

Net Assets

Down

$50,756

Down $6,316 (-11%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$996

Up $979 (+5759%) from 2020

Expenses

Up

$7,327

Up $5,094 (+228%) from 2020

Net Income

Down

-$6,331

Down $4,115 (-186%) from 2020

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2020: $57,072Liabilities 2020: $0Net Assets 2020: $57,0722020Assets 2021: $50,756Liabilities 2021: $0Net Assets 2021: $50,7562021Assets 2022: $50,230Liabilities 2022: $0Net Assets 2022: $50,2302022Assets 2023: $45,635Liabilities 2023: $0Net Assets 2023: $45,6352023Assets 2024: $46,237Liabilities 2024: $0Net Assets 2024: $46,2372024Assets 2025: $34,148Liabilities 2025: $0Net Assets 2025: $34,1482025

Highlighted filing

2021

Assets$50,756
Liabilities$0
Net Assets$50,756

Operations Trend

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

$20K$10K$0-$10K-$20KRevenue 2020: $17Expenses 2020: $2,233Net Income 2020: -$2,2162020Revenue 2021: $996Expenses 2021: $7,327Net Income 2021: -$6,3312021Revenue 2022: $1,800Expenses 2022: $2,326Net Income 2022: -$5262022Revenue 2023: $1,902Expenses 2023: $6,497Net Income 2023: -$4,5952023Revenue 2024: $2,633Expenses 2024: $2,031Net Income 2024: $6022024Revenue 2025: $0Expenses 2025: $12,089Net Income 2025: -$12,0892025

Highlighted filing

2021

Revenue$996
Expenses$7,327
Net Income-$6,331
Jump To
Filing Snapshot
Filing Period
Feb 1, 2020 to Jan 31, 2021
Signed
Sep 6, 2021
Return Version
2020v4.0
Gross Receipts
$996
Mission and Program Overview

Mission

Ideation Worldwide is founded by a team of young professionals and top-notch university students, who share a real passion for helping non-profits make profound and sustainable social impact via solving long-standing international development challenges. We are systematic thinkers and creative practicers, who recognize the need for new integrated ways of turning ideas into action. We understand that policy changes and welfare model cannot provide the ultimate solutions to the most pressing problems around the world. With experience from design thinking, lean startup, rights-based approach, and modern management practice inspires us a new path forward in today digitalized and rapidly-changing world. We are young architects, policymakers, social workers, and economists - who are determined to change the perception of international development and non-profits with multi-disciplinary high-performance social innovation.

Program Services

DescriptionGrantsExpenses
In 2020, Ideation provided financial support to over 21 preschools (covering over 50 teachers) in Nairobi, Kenya during covid-19 school lock-down periods.$6,617$0
In the year 2019, Ideation World has focused on program design and research, to prepare for 2020 program initiatives.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Xiaoyi YuangPresidentPT$0--
Chi ZhangOfficerPT$0--
Zhaoyi HuangProgram OfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Ideation Lab
EIN
81-5168182
Phone
5125086294
Address
20961 Canyon View Dr, Saratoga, CA 95070

Signing Officer

Name
Zhaoyi Huang
Title
Officer
Phone
5125086294
Signed
2021-09-06
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Funds supporting teacher in Nairobi Kenya during covid-19 pandemic

Form 990-EZ, Part I, Line 20

Description;Amount^miscellaneous adjustment;15^Total;15^

Raw XML Appendix154 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^miscellaneous adjustment;15^Total;15^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
ReasonableCauseExplanation/ExplanationTxt0Dear IRS Officers, OUR sincerest apologies for the late filing of the 2020 Tax Return Filing. We are an organization run by 3 full-time unpaid working individuals, transitioning from graduating from college to professional life. In 2020, due to the workload added from our daily jobs, we missed the tax filing dates, and we tried to file as soon as we can. We are willing to pay any late fees due to the late filing. Thank you for your understanding and your support! Best regards, Zhaoyi Huang
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ReturnHeader/ReturnTs02021-09-08T00:24:27-07:00
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Filings