Civic Intelligence

Impact Tomorrow Inc.

990EZ • Fiscal year 2022 • EIN 83-2008968

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 09, 2023

800 Lexington St Waltham Plaza 1019Waltham, MA 02451

(781) 460-4989

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.18x

Higher debt load relative to assets than 83% of similar nonprofits.

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

Liabilities / Revenue

100th percentile

44.00x

Higher debt load relative to revenue than 100% of similar nonprofits.

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

Net Margin

1st percentile

-2547%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

60th percentile

8.4%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

2nd percentile

-98%

Faster revenue growth than 2% of similar nonprofits.

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

Assets

Up

$4,055

Up $315 (+8.4%) from 2021

Net Assets

Down

$3,307

Down $433 (-12%) from 2021

Liabilities

Up

$748

Up $748 from 2021

Revenue

Down

$17

Down $975 (-98%) from 2021

Expenses

Up

$450

Up $50 (+13%) from 2021

Net Income

Down

-$433

Down $1,025 (-173%) from 2021

Historical Trend

Balance Sheet Trend

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

$6.0K$4.0K$2.0K$0Assets 2019: $845Net Assets 2019: $8452019Assets 2020: $3,148Liabilities 2020: $0Net Assets 2020: $3,1482020Assets 2021: $3,740Liabilities 2021: $0Net Assets 2021: $3,7402021Assets 2022: $4,055Liabilities 2022: $748Net Assets 2022: $3,3072022Assets 2023: $3,806Liabilities 2023: $0Net Assets 2023: $3,8062023Assets 2024: $4,127Net Assets 2024: $4,1272024

Highlighted filing

2022

Assets$4,055
Liabilities$748
Net Assets$3,307

Operations Trend

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

$3.0K$2.0K$1.0K$0-$1.0KRevenue 2019: $1,750Expenses 2019: $905Net Income 2019: $8452019Revenue 2020: $2,603Expenses 2020: $300Net Income 2020: $2,3032020Revenue 2021: $992Expenses 2021: $400Net Income 2021: $5922021Revenue 2022: $17Expenses 2022: $450Net Income 2022: -$4332022Revenue 2023: $774Expenses 2023: $1,023Net Income 2023: -$2492023Revenue 2024: $621Expenses 2024: $300Net Income 2024: $3212024

Highlighted filing

2022

Revenue$17
Expenses$450
Net Income-$433
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$17
Mission and Program Overview

Mission

To raise fund to support college education for poverty-stricken students around the world.

Program Services

DescriptionGrantsExpenses
TO RAISE FUND TO SUPPORT COLLEGE EDUCATION FOR POVERTY-STRICKEN STUDENTS AROUND THE WORLD.-$450
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VEENA NAKKASecretary-$0--
NAVYA NAKKAPresident & CEO-$0--
Filing and Contact Details

Filer

Filer Name
Impact Tomorrow Inc
EIN
83-2008968
Phone
7814604989
Address
800 Lexington St Waltham Plaza 1019, Waltham, MA 02451

Signing Officer

Name
Navya Nakka
Title
President
Signed
2023-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Westford Tax & Financial Group
Address
270 Littleton Road Unit 14, Westford, MA 01886
Preparer
Naresh S Patel
Phone
9786925666
Supplemental Narrative

Additional Explanations

Total Liabilities.1

ROUNDING - Beginning $0 ROUNDING - Ending $748

Raw XML Appendix136 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/PhoneNum07324237440
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Marlton
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008053
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03740
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IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0450
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt017
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IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03740
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0450
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0748
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0450
IRS990EZ/TotalProgramServiceExpensesAmt0450
IRS990EZ/TotalRevenueAmt017
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0992
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02603
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05362
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt05362
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02603
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01750
IRS990ScheduleA/Total509Grp/TotalAmt05362
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt017
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0992
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02603
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01750
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05362
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROUNDING - Beginning $0 ROUNDING - Ending $748
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Total Liabilities.1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/BusinessNameControlTxt0IMPA
ReturnHeader/Filer/EIN0832008968
ReturnHeader/Filer/PhoneNum07814604989
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 Lexington St Waltham Plaza 1019
ReturnHeader/Filer/USAddress/CityNm0Waltham
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ReturnHeader/PreparerPersonGrp/PhoneNum09786925666
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NARESH S PATEL
ReturnHeader/ReturnTs02023-11-09T13:49:08-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NAVYA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NAKKA
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings