Onehundredfold Inc

990EZ • Fiscal year 2023 • EIN 83-2465250

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 18, 2024

Organization Profile 100fold.org

6810 Pleasant Grove RdWaxhaw, NC 28173

(601) 447-1674

Siviq Scores

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

0.02x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • NTEE X • <$500k nonprofits • Source year 2023

0.02x

Higher debt load relative to revenue than 77% of similar nonprofits.

2023 filings • NTEE X • <$500k nonprofits • Source year 2023

45%

Higher net margin than 83% of similar nonprofits.

2023 filings • NTEE X • <$500k nonprofits • Source year 2023

Higher top officer pay than 77% of similar nonprofits.

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

2023 filings • NTEE X • <$500k nonprofits • Source year 2023

123%

Faster asset growth than 89% of similar nonprofits.

2023 filings • NTEE X • <$500k nonprofits • Annualized from 2022 to 2023

50%

Faster revenue growth than 81% of similar nonprofits.

2023 filings • NTEE X • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets75th percentile

Assets

Flat

$83,022

Flat from 2023

Net Assets

$81,415

No earlier filing loaded for comparison.

Liabilities

Flat

$1,607

Flat from 2023

Revenue And Expenses

Liabilities / Revenue77th percentile Net Margin83rd percentile

Revenue

Flat

$98,581

Flat from 2023

Expenses

Flat

$54,379

Flat from 2023

Net Income

Flat

$44,202

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

Highlighted filing

2023

Assets$83,022

Liabilities$1,607

Net Assets$81,415

Open 2023 Filing

Operations Trend

Revenue Growth81st percentile

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

Highlighted filing

2023

Revenue$98,581

Expenses$54,379

Net Income$44,202

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023
Signed: Jun 18, 2024
Return Version: 2023v5.0
Gross Receipts: $107,572

Mission and Program Overview

Mission

OneHundredfolds primary purpose is to spread the Gospel through technology.

OneHundredfold's primary purpose is to spread the Gospel through technology.

Program Services

Description	Grants	Expenses
OneHundredFold is helping a large group in South Asia to digitize their curriculum.	$0	$14,364
Seedsower Project - OneHundredFold produced nearly 9,000 MicroSD chips Mustard Seeds with the Gospel and discipleship training information on them.	$0	$8,417
OneHundredFold Inc is working with a Partner to create an Gospel AI chatbot.	$0	$221

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Ed Underwood	President And Executive Director	FT	$0	-	-
Mark Welch	Chief Financial Officer	PT	$0	-	-
Gerald Jones	Chief Operating Officer	-	$0	-	-
Dale Callahan	Treasurer	-	$0	-	-
James Terry	Secretary	-	$0	-	-
Peter Barber	Chairman	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Onehundredfold Inc
EIN: 83-2465250
In Care Of: % Mark Welch
Address: 6810 Pleasant Grove Rd, Waxhaw, NC 28173

Signing Officer

Name: Mark Welch
Title: Chief Financial Officer
Signed: 2024-06-18

Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Depreciation, $261| Fees, $1000| Dues & Subscriptions, $10038| Contract Services, $16133| Office Supplies, $273| Telecommunications, $3986| Travel, $4135| Meals & Entertainment, $58| Equipment for Projects, $415| Software Expense, $11747| Gifts, $2250| Taxes and Licenses, $1754| Education, $210| Advertising, $215| Insurance, $1036|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Cash, $, $| Savings, $, $| Investments, $, $| Land and Buildings, $, $| Prepaid Expenses, $, $| Organization's share of assets, $, $| Accounts Receivable, $9776, $7876| Inventory, $2534, $18774| Equipment, $0, $1661|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Grants Payable, $, $| Mortgages or other loans payable, $, $| Taxes and License, $0, $| Sales & Use Tax Payable, $0, $1607|”

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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/ExplanationTxt	0	\| Other Expenses:, Amount:\| Depreciation, $261\| Fees, $1000\| Dues & Subscriptions, $10038\| Contract Services, $16133\| Office Supplies, $273\| Telecommunications, $3986\| Travel, $4135\| Meals & Entertainment, $58\| Equipment for Projects, $415\| Software Expense, $11747\| Gifts, $2250\| Taxes and Licenses, $1754\| Education, $210\| Advertising, $215\| Insurance, $1036\|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	\| Explanation:, BOYAmount:, EOYAmount:\| Cash, $, $\| Savings, $, $\| Investments, $, $\| Land and Buildings, $, $\| Prepaid Expenses, $, $\| Organization's share of assets, $, $\| Accounts Receivable, $9776, $7876\| Inventory, $2534, $18774\| Equipment, $0, $1661\|
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Part II, line 26
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Mark Welch
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Chief Financial Officer
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2024-06-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	ONEHUNDREDFOLD INC
ReturnHeader/Filer/BusinessNameControlTxt	0	ONEH
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ReturnHeader/Filer/ForeignPhoneNum	0	6014471674
ReturnHeader/Filer/InCareOfNm	0	% Mark Welch
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	6810 Pleasant Grove Rd
ReturnHeader/Filer/USAddress/CityNm	0	Waxhaw
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NC
ReturnHeader/Filer/USAddress/ZIPCd	0	28173
ReturnHeader/ReturnTs	0	2024-06-18T03:23:49-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	Mark
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	Welch
ReturnHeader/TaxPeriodBeginDt	0	2023-01-01
ReturnHeader/TaxPeriodEndDt	0	2023-12-31
ReturnHeader/TaxYr	0	2023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $83,022
Liabilities: $1,607
Net assets: $81,415
Revenue: $98,581
Expenses: $54,379
Net income: $44,202

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$57.1	$0.00	$57.1	$71.9	$96.2	$24.3
2023Detailed filing. Detailed filing data is available for this year.	$83.0	$1.61	$81.4	$98.6	$54.4	$44.2
2023Summary only. Only limited summary data is available for this year.	$83.0	$1.61		$98.6	$54.4	$44.2
2022Detailed filing. Detailed filing data is available for this year.	$37.2	$0.00	$37.2	$65.6	$44.6	$21.0
2021Detailed filing. Detailed filing data is available for this year.	$16.7	$0.47	$16.2	$39.3	$32.0	$7.35
2020Summary only. Only limited summary data is available for this year.	$8.84	$0.00		$13.2	$26.9	$13.8
2019Summary only. Only limited summary data is available for this year.	$25.8	$3.19		$20.0	$37.0	$17.0