Civic Intelligence

Inclusion Nextwork Inc.

990 • Fiscal year 2021 • EIN 82-4078039

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 04, 2022

1212 Euclid St NW STE 2Washington, DC 20009

(914) 275-5593

Siviq Scores

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

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.04x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

60th percentile

16%

Higher net margin than 60% of similar nonprofits.

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

Top Officer Pay

98th percentile

$92,598

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 22.0% of source-year revenue.

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

Asset Growth

88th percentile

88%

Faster asset growth than 88% of similar nonprofits.

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

Revenue Growth

88th percentile

132%

Faster revenue growth than 88% of similar nonprofits.

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

Assets

Up

$181,853

Up $85,164 (+88%) from 2020

Net Assets

Up

$163,567

Up $67,666 (+71%) from 2020

Liabilities

Up

$18,286

Up $17,498 (+2221%) from 2020

Revenue

Up

$420,801

Up $239,052 (+132%) from 2020

Expenses

Up

$353,198

Up $261,180 (+284%) from 2020

Net Income

Down

$67,603

Down $22,128 (-25%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2020: $96,689Liabilities 2020: $788Net Assets 2020: $95,9012020Assets 2021: $181,853Liabilities 2021: $18,286Net Assets 2021: $163,5672021Assets 2022: $141,754Liabilities 2022: $0Net Assets 2022: $141,7542022Assets 2023: $71,954Liabilities 2023: $28,034Net Assets 2023: $43,9202023Assets 2024: $277,227Liabilities 2024: $200,171Net Assets 2024: $77,0562024Assets 2025: $114,370Liabilities 2025: $55,667Net Assets 2025: $58,7032025

Highlighted filing

2021

Assets$181,853
Liabilities$18,286
Net Assets$163,567

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $181,749Expenses 2020: $92,018Net Income 2020: $89,7312020Revenue 2021: $420,801Expenses 2021: $353,198Net Income 2021: $67,6032021Revenue 2022: $418,419Expenses 2022: $436,359Net Income 2022: -$17,9402022Revenue 2023: $335,071Expenses 2023: $436,780Net Income 2023: -$101,7092023Revenue 2024: $387,840Expenses 2024: $354,705Net Income 2024: $33,1352024Revenue 2025: $369,568Expenses 2025: $387,920Net Income 2025: -$18,3522025

Highlighted filing

2021

Revenue$420,801
Expenses$353,198
Net Income$67,603
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 4, 2022
Return Version
2021v4.2
Gross Receipts
$420,801
Mission and Program Overview

Mission

Create community. Inw connects, supports, and elevates the next generation of leaders committed to advancing ideas inclusion, diversity, equity, access, and social justice

Co-create a more inclusive, diverse, equitable, accessible, and socially just world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$52,147$173,332▲ $121,185
Accounts Receivable$44,542$8,521▼ $36,021
Total Assets$96,689$181,853▲ $85,164
Liabilities
Accounts Payable and Accrued Expenses$788$18,286▲ $17,498
Total Liabilities$788$18,286▲ $17,498
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$95,901$163,567▲ $67,666
Total Net Assets Fund Balance$95,901$163,567▲ $67,666
Total Liabilities and Net Assets / Fund Balance$96,689$181,853▲ $85,164
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dan EgolCo-Founder and Executive DireFT$85,300$7,298$92,598

Board Members and Trustees

NameTitle
Kimberly WalkerChair Mar-Dec
Elizabeth RameyVice-Chair Mar-Dec
Minjon Tholen Jan-MarCo-Founder and Board Presiden
Daisy RosalesDirector
Camryn OkereDirector Mar-Dec
Richard EisenbergSecretary Mar-Dec
Revenue and Support

Revenue Composition

Contributions and Grants
$30,940
Program Service Revenue
$389,681
Investment Income
$13
Other Revenue
$167
All Other Contributions
$30,940
Change in Net Assets
$67,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$268,994
Other Expenses$84,204
Total Fundraising Expense$27,940
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$69,805$8,726$8,726$87,257
Current Officers, Directors, Trustees, and Key Employees$68,240$8,530$8,530$85,300
Payroll Taxes$56,021$7,003$7,003$70,027
Other Expenses$66,508$2,412$63$68,920
Other Employee Benefits$21,128$2,641$2,641$26,410
Office Expenses$706$2,473$353$3,532
Insurance$650$2,274$325$3,249
Information Technology$599$2,096$299$2,994
Fees for Services Accounting-$2,603-$2,603
Travel$1,459$15-$1,474
Total Functional Expenses$285,243$40,015$27,940$353,198
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The Board reviews the 990. The 990 will be sent to all board directors via email to review and to submit any questions/concerns.

Conflict of interest policy compliance Part VI line 12C

All Directors of the IDEAS Generation Board are required to review and sign a conflict of interest policy agreement in which members outline confirmation of understanding of the policy itself and list any potential conflicts that would interfere with their legal, fiduciary, and other board requirements. Any potential conflicts are discussed as a full board with the presence of the Executive Director and addressed accordingly. Each year, the Board revisits the policy and any new potential conflicts since the year prior.

CEO executive director top management comp Part VI line 15A

At the time of hiring an Executive Director, members of the IDEAS Generation board undertook an independent compensation study process. The process entailed looking at similarly situated roles and their respective compensation, looking at geographic market benchmarks, and unique factors particular to the ED in question (e.g. level of education, ability to fundraise, financial need, etc.). References for similarly situated roles are listed below: a. Consensus Building Institute (CBI): CBI offers facilitation, mediation, and training services to organizations and communities seeking collaborative solutions to entrenched problems. They are a 501(c)3 non-profit whose income is almost entirely fee-for-service generated. Though CBI operates in a slightly different market and is larger than INW by revenue and staff, its revenue model mirrors our own in terms of income generation. Moreover, CBIs compensation represents 60% of its total expenses. Assuming a pro-rated ED salary of $85,300 and total expenses for INW of $104,816, our compensation ratio for 2020 would be 58%. For comparison, the Managing Director of CBI made $213,608 in total compensation in 2018. b. Diversity Awareness Partnership (DAP): DAP is a 501(c)3 in St. Louis that partners with organizations to advance diversity and inclusion. They are a half million dollar organization with 5 full time staff, so much closer in size to INW, though currently still larger. Their ED was paid $60,857 in 2018. When converting for cost of living from St. Louis to DC the equivalent figure becomes $113,803. Their compensation to total expense ratio was 82%. c. Marnitas Table (MT): MT is a Minneapolis-based 501(c)3 that provides convening and consulting services to advance the wellbeing of marginalized communities that brought in just below $1million in 2018. Their compensation to total expense ratio was 54%. Their ED earned $142,000 that year. d. Visions Inc.(VI): VI provides consulting and training to organizations grappling with issues of racism and other forms of oppression. Based in Massachusetts, they earned $1,896,823 in 2017, of which $979,849 was allocated to compensation, creating a compensation to total expense ratio of 52%. e. Anti-Oppression Research and Training Alliance (AORTA): AORTA is not a nonprofit, but rather is a worker-owned collaborative that offers facilitation and training services to help organizations and communities undo oppression. Based on their rate disclosures, their average staff member is paid $57,000 for 35 weeks of work. Extending this rate to a full year of 53 weeks produces an average salary of $86,314.

Other officer or key employee compensation Part VI line 15B

See Schedule O statement for Part VI, Line 15a.

Governing documents etc available to public Part VI line 19

The Organization did not make any governing documents or conflict of interest policies public but will do so if asked. That said, the Organization did share its financial statements for 2020 in its annual report.

Filing and Contact Details

Filer

Filer Name
Inclusion Nextwork Inc
EIN
82-4078039
Address
1212 Euclid St NW STE 2, Washington, DC 20009

Signing Officer

Name
Dan Egol
Title
Co-Founder and
Phone
9142755593
Signed
2022-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Egol
Formed
2020
Legal Domicile
Dc
Voting Board Members
6
Independent Board Members
6
Employees
4

Preparer

Firm
Mullins PC
Address
7625 Wisconsin Avenue, Bethesda, MD 20814
Preparer
John Mullins
Phone
2027706371
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board reviews the 990. The 990 will be sent to all board directors via email to review and to submit any questions/concerns.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All Directors of the IDEAS Generation Board are required to review and sign a conflict of interest policy agreement in which members outline confirmation of understanding of the policy itself and list any potential conflicts that would interfere with their legal, fiduciary, and other board requirements. Any potential conflicts are discussed as a full board with the presence of the Executive Director and addressed accordingly. Each year, the Board revisits the policy and any new potential conflicts since the year prior.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2At the time of hiring an Executive Director, members of the IDEAS Generation board undertook an independent compensation study process. The process entailed looking at similarly situated roles and their respective compensation, looking at geographic market benchmarks, and unique factors particular to the ED in question (e.g. level of education, ability to fundraise, financial need, etc.). References for similarly situated roles are listed below: a. Consensus Building Institute (CBI): CBI offers facilitation, mediation, and training services to organizations and communities seeking collaborative solutions to entrenched problems. They are a 501(c)3 non-profit whose income is almost entirely fee-for-service generated. Though CBI operates in a slightly different market and is larger than INW by revenue and staff, its revenue model mirrors our own in terms of income generation. Moreover, CBIs compensation represents 60% of its total expenses. Assuming a pro-rated ED salary of $85,300 and total expenses for INW of $104,816, our compensation ratio for 2020 would be 58%. For comparison, the Managing Director of CBI made $213,608 in total compensation in 2018. b. Diversity Awareness Partnership (DAP): DAP is a 501(c)3 in St. Louis that partners with organizations to advance diversity and inclusion. They are a half million dollar organization with 5 full time staff, so much closer in size to INW, though currently still larger. Their ED was paid $60,857 in 2018. When converting for cost of living from St. Louis to DC the equivalent figure becomes $113,803. Their compensation to total expense ratio was 82%. c. Marnitas Table (MT): MT is a Minneapolis-based 501(c)3 that provides convening and consulting services to advance the wellbeing of marginalized communities that brought in just below $1million in 2018. Their compensation to total expense ratio was 54%. Their ED earned $142,000 that year. d. Visions Inc.(VI): VI provides consulting and training to organizations grappling with issues of racism and other forms of oppression. Based in Massachusetts, they earned $1,896,823 in 2017, of which $979,849 was allocated to compensation, creating a compensation to total expense ratio of 52%. e. Anti-Oppression Research and Training Alliance (AORTA): AORTA is not a nonprofit, but rather is a worker-owned collaborative that offers facilitation and training services to help organizations and communities undo oppression. Based on their rate disclosures, their average staff member is paid $57,000 for 35 weeks of work. Extending this rate to a full year of 53 weeks produces an average salary of $86,314.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3See Schedule O statement for Part VI, Line 15a.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization did not make any governing documents or conflict of interest policies public but will do so if asked. That said, the Organization did share its financial statements for 2020 in its annual report.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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