Civic Intelligence

Next Wave in Business Incorporated

990EZ • Fiscal year 2018 • EIN 81-5389966

Jan 01, 2018 to Dec 31, 2018 • Filed on May 08, 2019

Organization Profile
4518 11th AvenueLos Angeles, CA 90043

(646) 201-1752

Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

79th percentile

24%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

99th percentile

1253%

Faster asset growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

1097%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$23,739

Up $21,984 (+1253%) from 2017

Net Assets

Up

$20,658

Up $18,903 (+1077%) from 2017

Liabilities

Up

$3,081

Up $3,081 from 2017

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin79th percentile

Revenue

Up

$78,871

Up $72,284 (+1097%) from 2017

Expenses

Up

$59,968

Up $55,136 (+1141%) from 2017

Net Income

Up

$18,903

Up $17,148 (+977%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$60K$40K$20K$0Assets 2017: $1,755Liabilities 2017: $0Net Assets 2017: $1,7552017Assets 2018: $23,739Liabilities 2018: $3,081Net Assets 2018: $20,6582018Assets 2019: $46,920Liabilities 2019: $0Net Assets 2019: $46,9202019

Highlighted filing

2018

Assets$23,739
Liabilities$3,081
Net Assets$20,658
Open 2018 Filing

Operations Trend

Revenue Growth99th percentile

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

$80K$60K$40K$20K$0Revenue 2017: $6,587Expenses 2017: $4,832Net Income 2017: $1,7552017Revenue 2018: $78,871Expenses 2018: $59,968Net Income 2018: $18,9032018Revenue 2019: $66,622Expenses 2019: $40,360Net Income 2019: $26,2622019

Highlighted filing

2018

Revenue$78,871
Expenses$59,968
Net Income$18,903
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 8, 2019
Return Version
2018v3.1
Gross Receipts
$78,871
Mission and Program Overview

Mission

Nwb will help eradicate the employment

Program Services

DescriptionGrantsExpenses
NWB WILL HELP ERADICATE THE EMPLOYMENT GAP FOR UNDERREPRESENTED MINORITIES CREATING A BUSINESS WORLD THAT REFLECTS RESPECTS AND REWARDS PEOPLE OF COLOR$46,390$59,967
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TONY RICE IIExecutive DirectorPT$0--
KAREEM EDWARDSChief Marketing OfficerPT$0--
JOURDAN SUTTONCfocooPT$0--
Filing and Contact Details

Filer

Filer Name
Next Wave in Business
EIN
81-5389966
Address
4518 11TH AVENUE, LOS ANGELES, CA 90043

Signing Officer

Name
Jourdan Sutton
Title
Cfocoo
Phone
6462011752
Signed
2019-05-08
Discuss with paid preparer
No

Preparer

Firm
Badu Tax Services LLC
Address
4258 N GREENVIEW AVE STE 1E, CHICAGO, IL 60613
Preparer
Jeff Badu
Phone
7736797198
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountadvertising & marketing 3,116bank charges & fees (10)jon supplies 13,472meals & entertainment 1,696travel 9,629office supplies & software 501other business expenses 20,610reimbursable expenses 304”

Description of total liabilities Part II line 26

“Category beginning of year end of yearcurrent liabilities 0 1,275adjustment 0 1,806”

Raw XML Appendix139 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/PersonNm0JOURDAN SUTTON
IRS990EZ/BooksInCareOfDetail/PhoneNum06462011752
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0860 GEARY STREET APT106
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN FRANCISCO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094109
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01755
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023739
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt078871
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt018903
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt010650
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01755
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023739
IRS990EZ/GrossReceiptsAmt078871
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01755
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020658
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01755
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020658
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TONY RICE II
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAREEM EDWARDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOURDAN SUTTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHIEF MARKETING OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFOCOO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt049318
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0NWB WILL HELP ERADICATE THE EMPLOYMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NWB WILL HELP ERADICATE THE EMPLOYMENT GAP FOR UNDERREPRESENTED MINORITIES CREATING A BUSINESS WORLD THAT REFLECTS RESPECTS AND REWARDS PEOPLE OF COLOR
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt046390
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt059967
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03081
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt059968
IRS990EZ/TotalProgramServiceExpensesAmt059967
IRS990EZ/TotalRevenueAmt078871
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt077511
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0958
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt078469
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt01360
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01360
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt079829
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt078871
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0958
IRS990ScheduleA/Total509Grp/TotalAmt079829
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt078871
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt079829
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTADVERTISING & MARKETING 3,116BANK CHARGES & FEES (10)JON SUPPLIES 13,472MEALS & ENTERTAINMENT 1,696TRAVEL 9,629OFFICE SUPPLIES & SOFTWARE 501OTHER BUSINESS EXPENSES 20,610REIMBURSABLE EXPENSES 304
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARCURRENT LIABILITIES 0 1,275ADJUSTMENT 0 1,806
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JOURDAN SUTTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFOCOO
ReturnHeader/BusinessOfficerGrp/PhoneNum06462011752
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEXT WAVE IN BUSINESS
ReturnHeader/Filer/BusinessNameControlTxt0NEXT
ReturnHeader/Filer/EIN0815389966
ReturnHeader/Filer/USAddress/AddressLine1Txt04518 11TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090043
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BC8CC25408CE27ADF94D94F05C71BEDFB480237A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BC8CC25408CE27ADF94D94F05C71BEDFB480237A
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId01591202019135qir4fvi
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-05-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.239.241.244
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTm017:20:39
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814013718
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BADU TAX SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04258 N GREENVIEW AVE STE 1E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060613
ReturnHeader/PreparerPersonGrp/PhoneNum07736797198
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF BADU
ReturnHeader/ReturnTs02019-05-15T17:19:35-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,739
Liabilities
$3,081
Net assets
$20,658
Revenue
$78,871
Expenses
$59,968
Net income
$18,903
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$46.9$0.00$46.9$66.6$40.4$26.3
2018Detailed filing. Detailed filing data is available for this year.$23.7$3.08$20.7$78.9$60.0$18.9
2017Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$6.59$4.83$1.76