Civic Intelligence

Lobaki Foundation

990EZ • Fiscal year 2020 • EIN 82-3391862

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 22, 2021

Organization ProfileN/A
736 South President St No 106Jackson, MS 39201

(602) 380-1400

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

33rd percentile

-5.2%

Faster asset growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$6,276

Down $346 (-5.2%) from 2019

Net Assets

Down

$6,276

Down $346 (-5.2%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $347,832 (-100%) from 2019

Expenses

Down

$346

Down $607,848 (-100%) from 2019

Net Income

Up

-$346

Up $260,016 (+100%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$300K$200K$100K$0-$100KAssets 2018: $266,984Liabilities 2018: $0Net Assets 2018: $266,9842018Assets 2019: $6,622Liabilities 2019: $0Net Assets 2019: $6,6222019Assets 2020: $6,276Liabilities 2020: $0Net Assets 2020: $6,2762020Assets 2021: $5,726Liabilities 2021: $12,130Net Assets 2021: -$6,4042021Assets 2022: $5,403Liabilities 2022: $12,130Net Assets 2022: -$6,7272022

Highlighted filing

2020

Assets$6,276
Liabilities$0
Net Assets$6,276
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.0M$500K$0-$500KRevenue 2018: $867,567Expenses 2018: $600,583Net Income 2018: $266,9842018Revenue 2019: $347,832Expenses 2019: $608,194Net Income 2019: -$260,3622019Revenue 2020: $0Expenses 2020: $346Net Income 2020: -$3462020Revenue 2021: $795,808Expenses 2021: $808,486Net Income 2021: -$12,6782021Revenue 2022: $0Expenses 2022: $323Net Income 2022: -$3232022

Highlighted filing

2020

Revenue$0
Expenses$346
Net Income-$346
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 22, 2021
Return Version
2020v4.0
Gross Receipts
$0
Mission and Program Overview

Mission

To use virtual reality technologies to educate children in lower income regions of the country and help under-privileged children advance their knowledge. To bring awareness of xr opportunities in lower income regions of the country.

Program Services

DescriptionGrantsExpenses
PROVIDING VIRTUAL REALITY SETTINGS FOR VARIOUS AREAS OF EDUCATION TO ENHANCE THE LEARNING EXPERIENCE IN LOW INCOME AREAS.$0$346
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
VINCENT JORDANCEOPT$0--
JOSIAH JORDANVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Lobaki Foundation
EIN
82-3391862
Phone
6023801400
Address
736 SOUTH PRESIDENT ST NO 106, JACKSON, MS 39201

Signing Officer

Name
Vincent Jordan
Title
President
Phone
6023801400
Signed
2021-02-22
Discuss with paid preparer
Yes

Preparer

Firm
Granthampoole Pllc
Address
1062 HIGHLAND COLONY PKY STE 201, RIDGELAND, MS 39157
Preparer
Michael Denny CPA
Phone
6014992400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: professional fees (net of insurance refund). Amount: 143. Description: bank service charges. Amount: 203. Total to form 990-ez, line 16: 346.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: inventories for sale. Beg. Of year amount: 1,899. End of year amount: 1,899.”

Raw XML Appendix128 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/PersonNm0KEVIN LOUD
IRS990EZ/BooksInCareOfDetail/PhoneNum06023801400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0736 SOUTH PRESIDENT ST 106
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JACKSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd039201
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04723
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04377
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-346
IRS990EZ/FiledScheduleAInd01
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IRS990EZ/GrossReceiptsAmt00
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06622
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VINCENT JORDAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOSIAH JORDAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01899
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01899
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0346
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO USE VIRTUAL REALITY TECHNOLOGIES TO EDUCATE CHILDREN IN LOWER INCOME REGIONS OF THE COUNTRY AND HELP UNDER-PRIVILEGED CHILDREN ADVANCE THEIR KNOWLEDGE. TO BRING AWARENESS OF XR OPPORTUNITIES IN LOWER INCOME REGIONS OF THE COUNTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING VIRTUAL REALITY SETTINGS FOR VARIOUS AREAS OF EDUCATION TO ENHANCE THE LEARNING EXPERIENCE IN LOW INCOME AREAS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0346
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MS
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0346
IRS990EZ/TotalProgramServiceExpensesAmt0346
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0160000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0647500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0807500
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0407899
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0807500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0160000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0647500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0807500
IRS990ScheduleA/TotalSupportAmt0807500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: PROFESSIONAL FEES (NET OF INSURANCE REFUND). AMOUNT: 143. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 203. TOTAL TO FORM 990-EZ, LINE 16: 346.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INVENTORIES FOR SALE. BEG. OF YEAR AMOUNT: 1,899. END OF YEAR AMOUNT: 1,899.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VINCENT JORDAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06023801400
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOBAKI FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LOBA
ReturnHeader/Filer/EIN0823391862
ReturnHeader/Filer/PhoneNum06023801400
ReturnHeader/Filer/USAddress/AddressLine1Txt0736 SOUTH PRESIDENT ST NO 106
ReturnHeader/Filer/USAddress/CityNm0JACKSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640903390
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRANTHAMPOOLE PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01062 HIGHLAND COLONY PKY STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIDGELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039157
ReturnHeader/PreparerPersonGrp/PhoneNum06014992400
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL DENNY CPA
ReturnHeader/ReturnTs02021-02-22T09:39:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VINCENT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JORDAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,276
Liabilities
$0
Net assets
$6,276
Revenue
$0
Expenses
$346
Net income
-$346
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.12$0.07$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.06$0.12$0.06$7.96$8.08$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$3.48$6.08$2.60
2018Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$8.68$6.01$2.67