Civic Intelligence

Welocals Inc.

990EZ • Fiscal year 2023 • EIN 83-2790451

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

PO Box 413Shelter Island Heights, NY 11965

(212) 398-0192

Siviq Scores

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

Liabilities / Assets

89th percentile

0.39x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • NTEE S41 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

2023 filings • NTEE S41 • <$500k nonprofits • Source year 2023

Asset Growth

2nd percentile

-86%

Faster asset growth than 2% of similar nonprofits.

2023 filings • NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,275

Down $7,579 (-86%) from 2022

Net Assets

Down

$775

Down $8,079 (-91%) from 2022

Liabilities

Up

$500

Up $500 from 2022

Revenue

Down

$0

Down $15,600 (-100%) from 2022

Expenses

Down

$8,079

Down $15,134 (-65%) from 2022

Net Income

Down

-$8,079

Down $466 (-6.1%) from 2022

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2020: $4,292Liabilities 2020: $0Net Assets 2020: $4,2922020Assets 2021: $16,467Liabilities 2021: $0Net Assets 2021: $16,4672021Assets 2022: $8,854Liabilities 2022: $0Net Assets 2022: $8,8542022Assets 2023: $1,275Liabilities 2023: $500Net Assets 2023: $7752023Assets 2024: $3,503Liabilities 2024: $500Net Assets 2024: $3,0032024

Highlighted filing

2023

Assets$1,275
Liabilities$500
Net Assets$775

Operations Trend

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

$40K$20K$0-$20KRevenue 2020: $22,613Expenses 2020: $18,321Net Income 2020: $4,2922020Revenue 2021: $34,400Expenses 2021: $22,225Net Income 2021: $12,1752021Revenue 2022: $15,600Expenses 2022: $23,213Net Income 2022: -$7,6132022Revenue 2023: $0Expenses 2023: $8,079Net Income 2023: -$8,0792023Revenue 2024: $6,000Expenses 2024: $3,772Net Income 2024: $2,2282024

Highlighted filing

2023

Revenue$0
Expenses$8,079
Net Income-$8,079
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

To work with the community to provide local residents and businesses with tools, education and networks that will encourage more opportunities and reasons to intreract, suupport each other and boost local economic health.

To work with the community to provide local residents and businesses with tools, education and networks that will encourage more opportunities and reasons to interact,support each other and boost local economic health.

Program Services

DescriptionGrantsExpenses
WELOCAL WORKED WITH THE EAST VILLAGE BUSINESS AND RESIDENTIAL COMMUNITY TO BOLSTER COMMUNITY RELATIONS AND RECOVERY PROGRAMS IN THE POST COVID 19 ERA.$0$8,079
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANTHONY D POWESecretary-$0--
KENNETH W BANTAPresident-$0--
TIFFANY BOUCHERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Welocals Inc
EIN
83-2790451
Phone
2123980192
Address
PO BOX 413, SHELTER ISLAND HEIGHTS, NY 11965

Signing Officer

Name
Anthony D Powe
Title
Secretary
Phone
2123980192
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
S Kekatos and Associates LLC
Address
22-76 STEINWAY STREET, ASTORIA, NY 11105
Preparer
Spyros Kekatos
Phone
7187217111
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 105. Description: development. Amount: 1,195. Description: marketing & web. Amount: 3,974. Description: platforms. Amount: 1,305. Total to form 990-ez, line 16: 6,579.

Form 990-ez, Part II, Line 24 - Other Assets

Description: zipcard. Beg. Of year amount: 500. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: zipcard. Beg. Of year amount: 0. End of year amount: 500.

Raw XML Appendix135 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0OFFICE
IRS990EZ/BooksInCareOfDetail/PhoneNum02123980192
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 413
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SHELTER ISLAND HEIGHTS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011965
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08354
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01275
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-8079
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01500
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08854
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01275
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08854
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0775
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08854
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0775
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANTHONY D POWE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KENNETH W BANTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIFFANY BOUCHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0500
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06579
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO WORK WITH THE COMMUNITY TO PROVIDE LOCAL RESIDENTS AND BUSINESSES WITH TOOLS, EDUCATION AND NETWORKS THAT WILL ENCOURAGE MORE OPPORTUNITIES AND REASONS TO INTERACT,SUPPORT EACH OTHER AND BOOST LOCAL ECONOMIC HEALTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WELOCAL WORKED WITH THE EAST VILLAGE BUSINESS AND RESIDENTIAL COMMUNITY TO BOLSTER COMMUNITY RELATIONS AND RECOVERY PROGRAMS IN THE POST COVID 19 ERA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08079
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0500
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08079
IRS990EZ/TotalProgramServiceExpensesAmt08079
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt034400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt022613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt072613
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt072613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt034400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt022613
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt072613
IRS990ScheduleA/TotalSupportAmt072613
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK CHARGES. AMOUNT: 105. DESCRIPTION: DEVELOPMENT. AMOUNT: 1,195. DESCRIPTION: MARKETING & WEB. AMOUNT: 3,974. DESCRIPTION: PLATFORMS. AMOUNT: 1,305. TOTAL TO FORM 990-EZ, LINE 16: 6,579.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ZIPCARD. BEG. OF YEAR AMOUNT: 500. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ZIPCARD. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY D POWE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02123980192
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELOCALS INC
ReturnHeader/Filer/BusinessNameControlTxt0WELO
ReturnHeader/Filer/EIN0832790451
ReturnHeader/Filer/PhoneNum02123980192
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 413
ReturnHeader/Filer/USAddress/CityNm0SHELTER ISLAND HEIGHTS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011965
ReturnHeader/Form8822BAttachedInd0X
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454817391
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0S KEKATOS AND ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt022-76 STEINWAY STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASTORIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011105
ReturnHeader/PreparerPersonGrp/PhoneNum07187217111
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SPYROS KEKATOS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-15T15:15:07-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings