Civic Intelligence

Indica Inc.

990EZ • Fiscal year 2023 • EIN 83-3184812

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 11, 2024

Organization ProfileN/A
3712 Tamarisk CTCrystal Lake, IL 60012

(214) 724-5611

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

32nd percentile

-5.6%

Higher net margin than 32% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

11th percentile

-49%

Faster asset growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

22nd percentile

-25%

Faster revenue growth than 22% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$2,732

Flat from 2023

Net Assets

$2,732

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin32nd percentile

Revenue

Flat

$47,079

Flat from 2023

Expenses

Flat

$49,729

Flat from 2023

Net Income

Flat

-$2,650

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$10K$5.0K$0Assets 2019: $8,943Net Assets 2019: $8,9432019Assets 2020: $2,286Net Assets 2020: $2,2862020Assets 2021: $4,335Net Assets 2021: $4,3352021Assets 2022: $5,382Net Assets 2022: $5,3822022Assets 2023: $2,732Net Assets 2023: $2,7322023Assets 2023: $2,732Liabilities 2023: $02023

Highlighted filing

2023

Assets$2,732
Liabilities-
Net Assets$2,732
Open 2023 Filing

Operations Trend

Revenue Growth22nd percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2019: $14,424Expenses 2019: $5,481Net Income 2019: $8,9432019Revenue 2020: $33,297Expenses 2020: $47,954Net Income 2020: -$14,6572020Revenue 2021: $49,833Expenses 2021: $64,803Net Income 2021: -$14,9702021Revenue 2022: $62,707Expenses 2022: $63,370Net Income 2022: -$6632022Revenue 2023: $47,079Expenses 2023: $49,729Net Income 2023: -$2,6502023Revenue 2023: $47,079Expenses 2023: $49,729Net Income 2023: -$2,6502023

Highlighted filing

2023

Revenue$47,079
Expenses$49,729
Net Income-$2,650
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 11, 2024
Return Version
2023v5.0
Gross Receipts
$47,079
Mission and Program Overview

Mission

The purpose of building a renaissance based on Indic civilization thought by transforming intellectuals and building and nurturing an ecosystem.

Program Services

DescriptionGrantsExpenses
1. Organized several weekly online Writer's Workshops with Andrew Otis Haschemeyer.2. Organized online international conference on Polytheism and awarded grants.3. Awarded grants for Indic Feminism--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Avatans KumarPresidentPT$0--
Hari KiranDirectorPT$0--
Vishal AgarwalDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Indica Inc
EIN
83-3184812
Address
3712 TAMARISK CT, CRYSTAL LAKE, IL 60012

Signing Officer

Name
Avatans Kumar
Title
President
Signed
2024-06-11
Discuss with paid preparer
Yes

Preparer

Firm
Global Value Add Inc
Address
4512 Legacy Drive Unit 100, Plano, TX 75024
Preparer
Raghavendra Mahadeo Kamath
Phone
8884820279
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.4

“| Donee's Name: SRV Associations | Cash Amount Given: $8000”

Other Expenses.1

“1099 - NEC payments $24000”

Other Expenses.2

“Event Expense $7409”

Other Expenses.3

“Grants Given $400”

Other Expenses.4

“Registration Fees $353”

Other Expenses.5

“Bank Charges $352”

Other Expenses.6

“Communication Expenses $120”

Other Expenses.7

“Other Expenses $14”

Raw XML Appendix151 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/AddressLine1Txt03712 Tamarisk Ct
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Crystal Lake
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060012
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05382
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02732
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt032648
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The purpose of building a renaissance based on Indic civilization thought by transforming intellectuals and building and nurturing an ecosystem.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt01. Organized several weekly online Writer's Workshops with Andrew Otis Haschemeyer.2. Organized online international conference on Polytheism and awarded grants.3. Awarded grants for Indic Feminism
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt049729
IRS990EZ/TotalRevenueAmt047079
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: SRV Associations | Cash Amount Given: $8000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11099 - NEC payments $24000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Event Expense $7409
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Grants Given $400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Registration Fees $353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Charges $352
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Communication Expenses $120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other Expenses $14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.7
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Avatans Kumar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDICA INC
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0833184812
ReturnHeader/Filer/USAddress/AddressLine1Txt03712 TAMARISK CT
ReturnHeader/Filer/USAddress/CityNm0CRYSTAL LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060012
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263625428
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Global Value Add Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04512 Legacy Drive Unit 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Plano
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075024
ReturnHeader/PreparerPersonGrp/PhoneNum08884820279
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Raghavendra Mahadeo Kamath
ReturnHeader/ReturnTs02024-06-11T09:46:46-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Avatans
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Kumar
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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
$2,732
Liabilities
-
Net assets
$2,732
Revenue
$47,079
Expenses
$49,729
Net income
-$2,650
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.73$2.73$47.1$49.7$2.65
2023Summary only. Only limited summary data is available for this year.$2.73$0.00$47.1$49.7$2.65
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.38$5.38$62.7$63.4$0.66
2021Detailed filing. Detailed filing data is available for this year.$4.34$4.34$49.8$64.8$15.0
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$2.29$33.3$48.0$14.7
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.94$8.94$14.4$5.48$8.94