Civic Intelligence

Impact Africa Network Inc.

990EZ • Fiscal year 2019 • EIN 83-2020331

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 22, 2021

1887 Hamilton AvenueSan Jose, CA 95125

(408) 461-7253

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

46th percentile

1.8%

Higher net margin than 46% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$4,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$16,271

No earlier filing loaded for comparison.

Net Assets

$16,271

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$42,284

No earlier filing loaded for comparison.

Expenses

$41,538

No earlier filing loaded for comparison.

Net Income

$746

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $16,271Net Assets 2019: $16,2712019Assets 2020: $201,584Liabilities 2020: $0Net Assets 2020: $201,5842020Assets 2021: $313,261Liabilities 2021: $303,918Net Assets 2021: $9,3432021Assets 2022: $261,605Liabilities 2022: $66,825Net Assets 2022: $194,7802022Assets 2023: $382,602Liabilities 2023: $5,313Net Assets 2023: $377,2892023Assets 2024: $698,815Liabilities 2024: $91,489Net Assets 2024: $607,3262024

Highlighted filing

2019

Assets$16,271
Liabilities-
Net Assets$16,271

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2019: $42,284Expenses 2019: $41,538Net Income 2019: $7462019Revenue 2020: $182,886Expenses 2020: $185,079Net Income 2020: -$2,1932020Revenue 2021: $463,057Expenses 2021: $458,697Net Income 2021: $4,3602021Revenue 2022: $553,397Expenses 2022: $544,726Net Income 2022: $8,6712022Revenue 2023: $737,945Expenses 2023: $571,374Net Income 2023: $166,5712023Revenue 2024: $702,831Expenses 2024: $468,034Net Income 2024: $234,7972024

Highlighted filing

2019

Revenue$42,284
Expenses$41,538
Net Income$746
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 22, 2021
Return Version
2019v5.0
Gross Receipts
$42,284
Mission and Program Overview

Mission

Ensuring young talented Africans participate in the digital transformation of Africa as creators and owners.

Program Services

DescriptionGrantsExpenses
DIRECT PUBLIC SUPPORT - INDIVIDUAL CONTRIBUTION, DONATIONS AND CONTRIBUTION, FUNDRAISING AND SPONSERSHIP--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK KARAKECEOFT$4,000-$4,000
NAOMI KARAKECFOFT$0--
PATRICIA ONYANGOSecretaryFT$0--
Filing and Contact Details

Filer

Filer Name
Impact Africa Network INC
EIN
83-2020331
Address
1887 Hamilton Avenue, San Jose, CA 95125

Signing Officer

Name
Mark Karake
Title
President
Signed
2021-07-22
Discuss with paid preparer
Yes

Preparer

Firm
George Dimov CPA
Address
211 E 43rd Street Suite 628, NEW YORK, NY 10017
Preparer
George Dimov CPA
Phone
2126410673
Supplemental Narrative

Additional Explanations

Other Expenses.1

Project management cost $29646

Other Expenses.2

General operating costs $7892

Other Assets.1003

Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $3011

Other Assets.1005

Accounts Receivable - Beginning $0 Accounts Receivable - Ending $1234

Raw XML Appendix129 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0San Jose
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095125
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015525
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IRS990EZ/OtherExpensesTotalAmt037538
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
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ReturnHeader/Filer/EIN0832020331
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ReturnHeader/Filer/USAddress/ZIPCd095125
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0211 E 43rd Street Suite 628
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010017
ReturnHeader/PreparerPersonGrp/PhoneNum02126410673
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE DIMOV CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-07-22T01:32:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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