Civic Intelligence

Omniworks Economic Development Corporation

EIN 82-4633544 • 501(c)3 • El Segundo, CA

Pub. 78 Eligible990-N Coverage

Profile

Coaching and supporting women in small business

840 Apollo Street Suite 100El Segundo, CA 90245

www.owedc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.06x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

13th percentile

-56%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

85th percentile

$10,380

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

12th percentile

-89%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

-7.9%

Faster revenue growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$5,597

Down $46,664 (-89%) from 2021

Liabilities

Down

$5,597

Down $31,638 (-85%) from 2021

Net Assets

Down

-$34,090

Down $49,116 (-327%) from 2021

Operations
Liabilities / Revenue80th percentileNet Margin13th percentile

Revenue

Down

$87,500

Down $7,500 (-7.9%) from 2021

Expenses

Up

$136,615

Up $56,641 (+71%) from 2021

Net Income

Down

-$49,115

Down $64,141 (-427%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50KAssets 2021: $52,261Liabilities 2021: $37,235Net Assets 2021: $15,0262021Assets 2022: $5,597Liabilities 2022: $5,597Net Assets 2022: -$34,0902022

Highlighted filing

2022

Assets$5,597
Liabilities$5,597
Net Assets-$34,090
Open 2022 Filing

Operations Trend

Revenue Growth44th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2021: $95,000Expenses 2021: $79,974Net Income 2021: $15,0262021Revenue 2022: $87,500Expenses 2022: $136,615Net Income 2022: -$49,1152022

Highlighted filing

2022

Revenue$87,500
Expenses$136,615
Net Income-$49,115
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,597
Liabilities
$5,597
Net assets
-$34,090
Revenue
$87,500
Expenses
$136,615
Net income
-$49,115
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.34$0.88$1.37$0.49
2021Detailed filing. Detailed filing data is available for this year.$0.52$0.37$0.15$0.95$0.80$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 12, 2023
Return Version
2022v5.0
Gross Receipts
$87,500
Mission and Program Overview

Mission

Coaching and supporting women in small business

Program Services

DescriptionGrantsExpenses
COACHING AND SUPPORTING WOMEN IN SMALL BUSINESS$87,500$112,165
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JONI K TOPPERPresidentPT$10,380-$10,380
WILLIAM BRENT IMAISecretary And TreasurerPT$6,892-$6,892
Filing and Contact Details

Filer

Filer Name
Omniworks Economic Development Corporation
EIN
82-4633544
Phone
2132209859
Address
840 APOLLO STREET SUITE 100, EL SEGUNDO, CA 90245

Signing Officer

Name
Joni Topper
Title
President
Phone
2132209859
Signed
2023-05-12
Discuss with paid preparer
No

Preparer

Firm
Chatman Tax and Accounting LLC
Address
1755 N BROWN RD, LAWRENCEVILLE, GA 30043
Preparer
Stephen Chatman
Phone
6786905725
Supplemental Narrative

Additional Explanations

Part I, line 16

“Description: MARKETING EXPENSES Amount: 123”

Part I, line 16

“Description: TECHNOLOGY COSTS Amount: 10364”

Part I, line 16

“Description: FACILITY COSTS Amount: 225”

Part I, line 16

“Description: BUSINESS INSURANCE Amount: 2164”

Part I, line 16

“Description: ADMINISTRATIVE COSTS Amount: 665”

Part II, line 26

“Description: DUE TO OMNIWORKS BOY Amount: 1000 EOY Amount: 3417”

Part II, line 26

“Description: FISCAL AGENT BOY Amount: 36236 EOY Amount: 0”

Part II, line 26

“Description: CREDIT CARD BOY Amount: 0 EOY Amount: 34”

Part II, line 26

“Description: TOTAL NET ASSETS BOY Amount: 0 EOY Amount: 2146”

Raw XML Appendix126 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/PersonNm0KAREN RINEHART
IRS990EZ/BooksInCareOfDetail/PhoneNum05592239936
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01077 N WILLOW AVE 10
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CLOVIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093611
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt052261
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05597
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt087500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-49115
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt024450
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt052261
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05597
IRS990EZ/GrossReceiptsAmt087500
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015025
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-34090
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015025
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt07
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt010380
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt16892
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JONI K TOPPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILLIAM BRENT IMAI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY AND TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt013541
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COACHING AND SUPPORTING WOMEN IN SMALL BUSINESS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COACHING AND SUPPORTING WOMEN IN SMALL BUSINESS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt087500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0112165
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt098624
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt037236
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05597
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0136615
IRS990EZ/TotalProgramServiceExpensesAmt0112165
IRS990EZ/TotalRevenueAmt087500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.OWEDC.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt087500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt095000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0182500
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0182500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt087500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt095000
IRS990ScheduleA/Total509Grp/TotalAmt0182500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt087500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt095000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0182500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: MARKETING EXPENSES Amount: 123
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: TECHNOLOGY COSTS Amount: 10364
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: FACILITY COSTS Amount: 225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: BUSINESS INSURANCE Amount: 2164
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: ADMINISTRATIVE COSTS Amount: 665
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: DUE TO OMNIWORKS BOY Amount: 1000 EOY Amount: 3417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description: FISCAL AGENT BOY Amount: 36236 EOY Amount: 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Description: CREDIT CARD BOY Amount: 0 EOY Amount: 34
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Description: TOTAL NET ASSETS BOY Amount: 0 EOY Amount: 2146
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part II, line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part II, line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part II, line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JONI TOPPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02132209859
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OMNIWORKS ECONOMIC DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0OMNI
ReturnHeader/Filer/EIN0824633544
ReturnHeader/Filer/PhoneNum02132209859
ReturnHeader/Filer/USAddress/AddressLine1Txt0840 APOLLO STREET SUITE 100
ReturnHeader/Filer/USAddress/CityNm0EL SEGUNDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090245
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0831581677
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHATMAN TAX AND ACCOUNTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01755 N BROWN RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAWRENCEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030043
ReturnHeader/PreparerPersonGrp/PhoneNum06786905725
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN CHATMAN
ReturnHeader/ReturnTs02023-05-15T18:43:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JONI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TOPPER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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