Civic Intelligence

Acquaint

990EZ • Fiscal year 2021 • EIN 83-1547607

Jan 01, 2021 to Dec 31, 2021 • Filed on May 10, 2022

1685 134th Ave SEBellevue, WA 98005

(360) 797-5214

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

80th percentile

38%

Higher net margin than 80% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$12,304

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 55.5% of source-year revenue.

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

Asset Growth

63rd percentile

17%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

22nd percentile

-37%

Faster revenue growth than 22% of similar nonprofits.

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

Assets

Up

$59,656

Up $8,458 (+17%) from 2020

Net Assets

Up

$59,656

Up $8,458 (+17%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$22,164

Down $13,040 (-37%) from 2020

Expenses

Up

$13,706

Up $9,629 (+236%) from 2020

Net Income

Down

$8,458

Down $22,669 (-73%) from 2020

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2018: $4,865Liabilities 2018: $02018Assets 2019: $4,865Liabilities 2019: $02019Assets 2020: $51,198Liabilities 2020: $0Net Assets 2020: $51,1982020Assets 2021: $59,656Liabilities 2021: $0Net Assets 2021: $59,6562021Assets 2022: $15,751Liabilities 2022: $0Net Assets 2022: $15,7512022Assets 2023: $25,229Liabilities 2023: $0Net Assets 2023: $25,2292023Assets 2024: $41,903Net Assets 2024: $41,9032024

Highlighted filing

2021

Assets$59,656
Liabilities$0
Net Assets$59,656

Operations Trend

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

$100K$50K$0-$50KRevenue 2018: $5,000Expenses 2018: $134Net Income 2018: $4,8662018Revenue 2019: $5,000Expenses 2019: $134Net Income 2019: $4,8662019Revenue 2020: $35,204Expenses 2020: $4,077Net Income 2020: $31,1272020Revenue 2021: $22,164Expenses 2021: $13,706Net Income 2021: $8,4582021Revenue 2022: $17,100Expenses 2022: $61,005Net Income 2022: -$43,9052022Revenue 2023: $39,636Expenses 2023: $30,158Net Income 2023: $9,4782023Revenue 2024: $67,077Expenses 2024: $50,403Net Income 2024: $16,6742024

Highlighted filing

2021

Revenue$22,164
Expenses$13,706
Net Income$8,458
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 10, 2022
Return Version
2021v4.1
Gross Receipts
$22,164
Mission and Program Overview

Mission

Building a platform to allow people to grow and learn from each other to bring the world together

Program Services

DescriptionGrantsExpenses
CULTURAL NETWORKING SOFTWARE PLATFORM & COMMUNITYSEE SCH O FRO DESCRIPTION$0$13,705
N/A--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jayson KlassenDirector Comm OperationsFT$12,304-$12,304
Katherine MahonBoard Mbr Founder CEOFT$0--
Cynthia AtkinsonBoard Member-$0--
Eric ZocherBoard Member-$0--
S ALEX SAEBENYIChief Tech OfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Acquaint
EIN
83-1547607
Phone
3607975214
Address
1685 134th Ave SE, Bellevue, WA 98005

Signing Officer

Name
Katherine Mahon
Title
Director
Phone
3607975214
Signed
2022-05-10

Preparer

Firm
T Franz & Associates LLC
Address
431 OHIO PIKE SUITE 107N, CINCINNATI, OH 45255
Preparer
Todd E Franz CPA
Phone
5136880068
Supplemental Narrative

Additional Explanations

Pt III, Line 31

N/A

Pt V, Line 33

N/A

Pt IV

N/A

Other

Line 16 Business insurance, software subscriptions, volunteer background checks, travel, membership fees

Other

Line 28: Cultural Networking Software Platform And Community. Acqaint is a community of volunteers who connects arcross generations and cultures to raise global awareness and overcome toxic divisions in the world. We call this "cultural networking." In 2020, hundreds of volunteers have connected for thousands of hourse across seven countries and 18 US states, with volunteers ranging from ages 14-95. We have also partnered with over two dozen organizations (including non-profit, for profit, and government) to offer volunteer opportunities to their members. Volunteers use our new in-house software platform - https:/www.acquaint.org to engage in one-on-one conversations, facilitated by positive virtual experiences (including for Virtual Reality/XR) as is icebreakers. We started building this software platform in late 2019 and have continued to enhance its features in 2020.

Other

Below

Pt V, Line 34

Changes to our governing documents: 1) We have changed the organization's name to Acquaint. 2) Our mission has changed. We are building a platform to allow people to grow and learn from each other to bring the world together. In short, our previous mission focused on the technology we are using (VR/XR) and less on why we were using it. See below for detailed description of this update.

Other

Updated mission: The mission of our organization has expanded to include a broader and more diverse range of people and technologies while still maintaining its initial purpose. While our goals are effectively the same, we've updated our mission and vision to be more inclusive, equitable, and reflect th heart of whate we do. Here are our key findings that led us to update the language: 1) When we brought VR headsets into senior communities and other organizations, the greatest benefit was the social interaction between resident and our volunteers. The benefit was mutual. 2) The technology and virtual experience were great icebreakers for storytelling and conversation. 3) The VR technology was too difficult for many older adults to use without assistance. 4) Once we showed older adults the VR experiences, many of them wanted the technology for themselves. However, only higher income individuals were able to afford it. 5) We wanted to reach people with impaired mobility, but it was often the most active and mobile people who attended our VR demos. 6) As an in-person VR program, our impact was limited to local scope. 7) When we initially created our remote platform, many older adults were turned off by the fact that we were calling this a program for

Form 990EZ, Part I, Line 16

OTHER EXPENSES 1402.

Raw XML Appendix175 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Line 16 Business insurance, software subscriptions, volunteer background checks, travel, membership fees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Line 28: Cultural Networking Software Platform And Community. Acqaint is a community of volunteers who connects arcross generations and cultures to raise global awareness and overcome toxic divisions in the world. We call this "cultural networking." In 2020, hundreds of volunteers have connected for thousands of hourse across seven countries and 18 US states, with volunteers ranging from ages 14-95. We have also partnered with over two dozen organizations (including non-profit, for profit, and government) to offer volunteer opportunities to their members. Volunteers use our new in-house software platform - https:/www.acquaint.org to engage in one-on-one conversations, facilitated by positive virtual experiences (including for Virtual Reality/XR) as is icebreakers. We started building this software platform in late 2019 and have continued to enhance its features in 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Below
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Changes to our governing documents: 1) We have changed the organization's name to Acquaint. 2) Our mission has changed. We are building a platform to allow people to grow and learn from each other to bring the world together. In short, our previous mission focused on the technology we are using (VR/XR) and less on why we were using it. See below for detailed description of this update.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Updated mission: The mission of our organization has expanded to include a broader and more diverse range of people and technologies while still maintaining its initial purpose. While our goals are effectively the same, we've updated our mission and vision to be more inclusive, equitable, and reflect th heart of whate we do. Here are our key findings that led us to update the language: 1) When we brought VR headsets into senior communities and other organizations, the greatest benefit was the social interaction between resident and our volunteers. The benefit was mutual. 2) The technology and virtual experience were great icebreakers for storytelling and conversation. 3) The VR technology was too difficult for many older adults to use without assistance. 4) Once we showed older adults the VR experiences, many of them wanted the technology for themselves. However, only higher income individuals were able to afford it. 5) We wanted to reach people with impaired mobility, but it was often the most active and mobile people who attended our VR demos. 6) As an in-person VR program, our impact was limited to local scope. 7) When we initially created our remote platform, many older adults were turned off by the fact that we were calling this a program for
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OTHER EXPENSES 1402.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt V, Line 33
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt IV
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt V, Line 34
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
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ReturnHeader/Filer/BusinessNameControlTxt0ACQU
ReturnHeader/Filer/EIN0831547607
ReturnHeader/Filer/PhoneNum03607975214
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ReturnHeader/Filer/USAddress/CityNm0Bellevue
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098005
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0830502167
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0T FRANZ & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0431 OHIO PIKE SUITE 107N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CINCINNATI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045255
ReturnHeader/PreparerPersonGrp/PhoneNum05136880068
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Todd E Franz CPA
ReturnHeader/ReturnTs02022-11-10T14:54:57-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Katherine
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Mahon
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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