Civic Intelligence

Kaizen Way Inc.

990EZ • Fiscal year 2023 • EIN 82-2725810

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 01, 2024

Organization ProfileKAIZENWAY.ORG
7260 Rab DrCharleston, SC 29406

(843) 795-9751

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

33rd percentile

-4.9%

Higher net margin than 33% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

21st percentile

-24%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-58%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Flat

$7,928

Flat from 2023

Net Assets

$7,928

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin33rd percentile

Revenue

Flat

$51,286

Flat from 2023

Expenses

Flat

$53,814

Flat from 2023

Net Income

Flat

-$2,528

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$15K$10K$5.0K$0Assets 2021: $7,685Liabilities 2021: $0Net Assets 2021: $7,6852021Assets 2022: $10,456Liabilities 2022: $02022Assets 2023: $7,928Liabilities 2023: $0Net Assets 2023: $7,9282023Assets 2023: $7,928Liabilities 2023: $02023Assets 2024: $1,463Liabilities 2024: $0Net Assets 2024: $1,4632024

Highlighted filing

2023

Assets$7,928
Liabilities$0
Net Assets$7,928
Open 2023 Filing

Operations Trend

Revenue Growth9th percentile

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

$150K$100K$50K$0-$50KRevenue 2021: $55,048Expenses 2021: $48,133Net Income 2021: $6,9152021Revenue 2022: $120,804Expenses 2022: $117,742Net Income 2022: $3,0622022Revenue 2023: $51,286Expenses 2023: $53,814Net Income 2023: -$2,5282023Revenue 2023: $51,286Expenses 2023: $53,814Net Income 2023: -$2,5282023Revenue 2024: $102,333Expenses 2024: $108,798Net Income 2024: -$6,4652024

Highlighted filing

2023

Revenue$51,286
Expenses$53,814
Net Income-$2,528
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 1, 2024
Return Version
2023v5.1
Gross Receipts
$51,286
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
THE ORG IS SUBSIDIZING COSTS FOR CLASSES FOR THREE CHILDREN WHO ARE IN POVERTY LEVEL FAMILIES AND ALSO OFFERING MENTORSHIP PROGRAMS FOR STUDENTS IN TITLE 1 SCHOOLS. SEE SCH O.-$52,762
Other program services-$1,052
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YAN AGRESTBoard Vice PresidentFT$0--
JEREMY ROSSBoard MemberPT$0--
BILLY ILDERTONTreasurer-$0--
EMMANUIL AGRESTBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Kaizen Way
EIN
82-2725810
Address
7260 RAB DR, CHARLESTON, SC 29406

Signing Officer

Name
Yan Agrest
Title
Board Vice Pres
Phone
8436081677
Signed
2024-10-01
Discuss with paid preparer
Yes

Preparer

Firm
Professional Services Group Ltd
Address
125 WAPPOO CREEK DR SUITE D1, CHARLESTON, SC 29412
Preparer
Robert L Berman
Phone
8437959751
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountprogram expenses 18,825annual retreat & fundraiser plannin 9,013communication 409events 534insurance 657supplies 514”

Other program services Part III line 31

“Tai chi classes are offered at two senior centers at a low cost to low income seniors; the classes serve over 100 seniors at each location.”

Raw XML Appendix151 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PROFESSIONAL SERVICES GROUP LTD
IRS990EZ/BooksInCareOfDetail/PhoneNum08437959751
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 WAPPOO CREEK CREEK DR SUITE D1
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHARLESTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029412
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010456
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07928
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt051286
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2528
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt017676
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010456
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07928
IRS990EZ/GrossReceiptsAmt051286
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010456
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07928
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010456
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07928
IRS990EZ/OccupancyRentUtltsAndMaintAmt06186
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YAN AGREST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEREMY ROSS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BILLY ILDERTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3EMMANUIL AGREST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt029952
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORG IS SUBSIDIZING COSTS FOR CLASSES FOR THREE CHILDREN WHO ARE IN POVERTY LEVEL FAMILIES AND ALSO OFFERING MENTORSHIP PROGRAMS FOR STUDENTS IN TITLE 1 SCHOOLS. SEE SCH O.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Other program services
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt052762
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11052
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053814
IRS990EZ/TotalProgramServiceExpensesAmt053814
IRS990EZ/TotalRevenueAmt051286
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0KAIZENWAY.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt051286
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0120804
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt055048
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt016606
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt042735
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0286479
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0286479
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt051286
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0120804
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt055048
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt016606
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt042735
IRS990ScheduleA/Total509Grp/TotalAmt0286479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt051286
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0120804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt055048
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt016606
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt042735
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0286479
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTPROGRAM EXPENSES 18,825ANNUAL RETREAT & FUNDRAISER PLANNIN 9,013COMMUNICATION 409EVENTS 534INSURANCE 657SUPPLIES 514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAI CHI CLASSES ARE OFFERED AT TWO SENIOR CENTERS AT A LOW COST TO LOW INCOME SENIORS; THE CLASSES SERVE OVER 100 SENIORS AT EACH LOCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other program services Part III line 31
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YAN AGREST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD VICE PRES
ReturnHeader/BusinessOfficerGrp/PhoneNum08436081677
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KAIZEN WAY
ReturnHeader/Filer/BusinessNameControlTxt0KAIZ
ReturnHeader/Filer/EIN0822725810
ReturnHeader/Filer/USAddress/AddressLine1Txt07260 RAB DR
ReturnHeader/Filer/USAddress/CityNm0CHARLESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029406
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113643399
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PROFESSIONAL SERVICES GROUP LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0125 WAPPOO CREEK DR SUITE D1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029412
ReturnHeader/PreparerPersonGrp/PhoneNum08437959751
ReturnHeader/PreparerPersonGrp/PreparationDt02024-12-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT L BERMAN
ReturnHeader/ReturnTs02024-12-17T18:09:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,928
Liabilities
$0
Net assets
$7,928
Revenue
$51,286
Expenses
$53,814
Net income
-$2,528
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.02$1.09$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.51$0.54$0.03
2023Summary only. Only limited summary data is available for this year.$0.08$0.00$0.51$0.54$0.03
2022Summary only. Only limited summary data is available for this year.$0.10$0.00$1.21$1.18$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.55$0.48$0.07