Civic Intelligence

Project Apoyo Inc.

990EZ • Fiscal year 2019 • EIN 82-3096216

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 06, 2021

1961 Harbert AveMemphis, TN 38104

(901) 230-8674

Siviq Scores

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

Liabilities / Assets

70th percentile

0.03x

Higher debt load relative to assets than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

40th percentile

-0.1%

Higher net margin than 40% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

44th percentile

-0.0%

Faster asset growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

58th percentile

6.6%

Faster revenue growth than 58% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$16,515

Down $4 (-0.0%) from 2018

Net Assets

Down

$16,011

Down $53 (-0.3%) from 2018

Liabilities

Up

$504

Up $49 (+11%) from 2018

Revenue

Up

$60,366

Up $3,755 (+6.6%) from 2018

Expenses

Up

$60,419

Up $11,404 (+23%) from 2018

Net Income

Down

-$53

Down $7,649 (-101%) from 2018

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2017: $8,468Liabilities 2017: $0Net Assets 2017: $8,4682017Assets 2018: $16,519Liabilities 2018: $455Net Assets 2018: $16,0642018Assets 2019: $16,515Liabilities 2019: $504Net Assets 2019: $16,0112019Assets 2020: $17,460Liabilities 2020: $336Net Assets 2020: $17,1242020Assets 2021: $15,236Liabilities 2021: $413Net Assets 2021: $14,8232021Assets 2022: $12,319Liabilities 2022: $330Net Assets 2022: $11,9892022Assets 2023: $11,338Liabilities 2023: $4,891Net Assets 2023: $6,4472023Assets 2024: $39,318Liabilities 2024: $1,081Net Assets 2024: $38,2372024

Highlighted filing

2019

Assets$16,515
Liabilities$504
Net Assets$16,011

Operations Trend

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

$100K$50K$0-$50KRevenue 2017: $9,559Expenses 2017: $1,091Net Income 2017: $8,4682017Revenue 2018: $56,611Expenses 2018: $49,015Net Income 2018: $7,5962018Revenue 2019: $60,366Expenses 2019: $60,419Net Income 2019: -$532019Revenue 2020: $72,178Expenses 2020: $71,065Net Income 2020: $1,1132020Revenue 2021: $71,474Expenses 2021: $73,774Net Income 2021: -$2,3002021Revenue 2022: $85,895Expenses 2022: $88,728Net Income 2022: -$2,8332022Revenue 2023: $57,613Expenses 2023: $63,155Net Income 2023: -$5,5422023Revenue 2024: $83,428Expenses 2024: $51,638Net Income 2024: $31,7902024

Highlighted filing

2019

Revenue$60,366
Expenses$60,419
Net Income-$53
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 6, 2021
Return Version
2019v5.0
Gross Receipts
$62,191
Mission and Program Overview

Mission

Established to improve the educational, nutritional and business opportunities in the gautemalan communities.

Program Services

DescriptionGrantsExpenses
EDUCATION SPONSORSHIP PROGRAM: SPONSORS ARE PAIRED WITH STUDENTS FROM IMPOVERISHED BACKGROUNDS TO PROVIDE HIGH-QUALITY EDUCATION FROM THE EDUCATION FOR THE CHILDREN FOUNDATIONS SCHOOL OF HOPE. THEY ARE EMPOWERED TO BECOME MOTIVATED,CONFIDENT AND EMPLOYABLE. SPONSORS WILL FOLLOW THE STUDENT FROM KINDERGARTEN ON TO FURTHER EDUCATION. THIS LEADS TO REWARDING EMPLOYMENT IMPROVING THEIR QUALITY OF LIFE, BREAKING FREE OF THE CYCLE OF POVERTY AND CULTIVATING LEADERS OF CHANGE IN THEIR COMMUNITIES.$40,902$46,484
TEACHER/CLASSROOM SPONSORSHIP - A YEAR LONG TRAINING/MENTORSHIP, THIS SPONSORSHIP IS COUPLED WITH OUR LITERACY PROGRAM WHERE A SCHOOL LIBRARY IS CREATED AND TEACHERS ARE TRAINED TO USE THE NEW BOOKS. TEACHERS ARE PAIRED WITH A SPONSOR AND LEAD BY OUR EDUCATION TEAM IN ONE-ON-ONE PROFESSIONAL DEVELOPMENTS. AS TEACHERS MEET SPECIFIC GOALS THEY RECEIVE ITEMS OFF THE SPONSOR FUNDED SUPPLIES WISH LIST.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TY NEWPresidentPT$0--
ALI NEWEducation DiPT$0--
MELISSA BATEMANSecretary-$0--
ANDRES ARROYODirector-$0--
GRANT ROBINSONDirector-$0--
ISABELLE FINLYDirector-$0--
ANDREW ABRAMSDirector-$0--
CARMEN WIRTZDirector-$0--
Filing and Contact Details

Filer

Filer Name
Project Apoyo Inc
EIN
82-3096216
Phone
9012308674
Address
1961 HARBERT AVE, MEMPHIS, TN 38104

Signing Officer

Name
Ty New
Title
President
Phone
9012308674
Signed
2021-07-06
Discuss with paid preparer
Yes

Preparer

Firm
Williams Pitts & Beard Pllc
Address
2042 MCINGVALE RD STE A, HERNANDO, MS 38632-8706
Preparer
Suzanne Allmon
Phone
6624294436
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 40,577

Form 990-ez, Part I, Line 16

Expenses office expense 8,484 meals 5,351 supplies 231 total 14,066

Form 990-ez, Part II, Line 24

Inventories for sale or use 1,262 122 total 1,262 122

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 455 504

Form 990-ez, Part III

Established to improve the educational, nutritional and business opportunities in the gautemalan communities.

Form 990-ez, Part III, Line 28

Education sponsorship program: sponsors are paired with students from impoverished backgrounds to provide high-quality education from the education for the children foundations school of hope. They are empowered to become motivated,confident and employable. Sponsors will follow the student from kindergarten on to further education. This leads to rewarding employment improving their quality of life, breaking free of the cycle of poverty and cultivating leaders of change in their communities.

Form 990-ez, Part III, Line 29

Teacher/classroom sponsorship - a year long training/mentorship, this sponsorship is coupled with our literacy program where a school library is created and teachers are trained to use the new books. Teachers are paired with a sponsor and lead by our education team in one-on-one professional developments. As teachers meet specific goals they receive items off the sponsor funded supplies wish list.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 40,577
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXPENSE 8,484 MEALS 5,351 SUPPLIES 231 TOTAL 14,066
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVENTORIES FOR SALE OR USE 1,262 122 TOTAL 1,262 122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 455 504
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ESTABLISHED TO IMPROVE THE EDUCATIONAL, NUTRITIONAL AND BUSINESS OPPORTUNITIES IN THE GAUTEMALAN COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EDUCATION SPONSORSHIP PROGRAM: SPONSORS ARE PAIRED WITH STUDENTS FROM IMPOVERISHED BACKGROUNDS TO PROVIDE HIGH-QUALITY EDUCATION FROM THE EDUCATION FOR THE CHILDREN FOUNDATIONS SCHOOL OF HOPE. THEY ARE EMPOWERED TO BECOME MOTIVATED,CONFIDENT AND EMPLOYABLE. SPONSORS WILL FOLLOW THE STUDENT FROM KINDERGARTEN ON TO FURTHER EDUCATION. THIS LEADS TO REWARDING EMPLOYMENT IMPROVING THEIR QUALITY OF LIFE, BREAKING FREE OF THE CYCLE OF POVERTY AND CULTIVATING LEADERS OF CHANGE IN THEIR COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TEACHER/CLASSROOM SPONSORSHIP - A YEAR LONG TRAINING/MENTORSHIP, THIS SPONSORSHIP IS COUPLED WITH OUR LITERACY PROGRAM WHERE A SCHOOL LIBRARY IS CREATED AND TEACHERS ARE TRAINED TO USE THE NEW BOOKS. TEACHERS ARE PAIRED WITH A SPONSOR AND LEAD BY OUR EDUCATION TEAM IN ONE-ON-ONE PROFESSIONAL DEVELOPMENTS. AS TEACHERS MEET SPECIFIC GOALS THEY RECEIVE ITEMS OFF THE SPONSOR FUNDED SUPPLIES WISH LIST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
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ReasonableCauseExplanation/ExplanationTxt0WE RESPECTFULLY REQUEST A WAIVER OF PENALTIES FOR THE DELINQUENT FILING OF THE 2019 RETURN. THE OFFICERS OF THE ENTITY WERE LIVING AND QUARANTINED IN GUATEMALA DURING THE PANDEMIC. THE COUNTRY WAS ON HOUSEHOLD LOCK DOWN AND THEY WERE FERVENTLY TRYING TO RETURN TO THE USA. THE OFFICER'S WIFE WAS IN THE MIDDLE OF A HIGH RISK PREGNANCY AND THEIR FIRST PRIORITY WAS GETTING PERMISSION TO RETURN HOME FOR HER CARE. THIS TOOK ALL OF THEIR ENERGY AND TIME FOR SEVERAL MONTHS. THEY HAVE ONLY RECENTLY GOTTEN SETTLED FROM THIS INTERNATIONAL MOVE AND A NEW BABY AND HAVE ENGAGED PROFESSIONAL HELP TO GET CAUGHT UP AND COMPLIANT.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUZANNE ALLMON
ReturnHeader/ReturnTs02021-07-15T12:20:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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