Civic Intelligence

Intiwasi

990 • Fiscal year 2022 • EIN 83-3968155

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

9017 W Pico BlvdLos Angeles, CA 90036

(323) 247-7305

Siviq Scores

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

Liabilities / Assets

100th percentile

4.51x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.51x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

21st percentile

-10%

Higher net margin than 21% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

8th percentile

-19%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

77th percentile

37%

Faster revenue growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$119,057

Down $28,651 (-19%) from 2021

Net Assets

Down

-$418,321

Down $107,008 (-34%) from 2021

Liabilities

Up

$537,378

Up $78,357 (+17%) from 2021

Revenue

Up

$1,057,982

Up $287,951 (+37%) from 2021

Expenses

Up

$1,164,990

Up $374,368 (+47%) from 2021

Net Income

Down

-$107,008

Down $86,417 (-420%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2019: $61,251Liabilities 2019: $163,525Net Assets 2019: -$102,2742019Assets 2020: $160,034Liabilities 2020: $450,756Net Assets 2020: -$290,7222020Assets 2021: $147,708Liabilities 2021: $459,021Net Assets 2021: -$311,3132021Assets 2022: $119,057Liabilities 2022: $537,378Net Assets 2022: -$418,3212022Assets 2023: $143,821Liabilities 2023: $758,297Net Assets 2023: -$614,4762023Assets 2024: $127,721Liabilities 2024: $678,928Net Assets 2024: -$551,2072024

Highlighted filing

2022

Assets$119,057
Liabilities$537,378
Net Assets-$418,321

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2019: $1,532Expenses 2019: $103,806Net Income 2019: -$102,2742019Revenue 2020: $83,847Expenses 2020: $272,295Net Income 2020: -$188,4482020Revenue 2021: $770,031Expenses 2021: $790,622Net Income 2021: -$20,5912021Revenue 2022: $1,057,982Expenses 2022: $1,164,990Net Income 2022: -$107,0082022Revenue 2023: $1,423,336Expenses 2023: $1,619,491Net Income 2023: -$196,1552023Revenue 2024: $1,494,689Expenses 2024: $1,709,228Net Income 2024: -$214,5392024

Highlighted filing

2022

Revenue$1,057,982
Expenses$1,164,990
Net Income-$107,008
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$1,057,982
Mission and Program Overview

Mission

Intiwasi is a non-profit spanish immersion school that serves the los angeles community in the pico-robsertson area for chilren from preschool through kindergarten.

At intiwasi we firmly believe that every child has the right to good quality education regardless of their gender, race, or beliefs and we are committed to offering equal opportunities to all of our students and prospective students. We understand the benefits that bilingual education brings, social and academic development and we are determined to create a community that nurtures each students' full potential. Intiwasi is a 501c(3) so we fundraise privately to offer financial assistance to all members of our community who cannot afford tuition. In addition, we are committed to working with governmental agencies that offer tuition assistance to parents in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$156,000$245,000▲ $89,000
Cash and Non-Interest-Bearing Accounts$63,429$41,884▼ $21,545
Land, Buildings, and Equipment, Net$26,487$20,750▼ $5,737
Accounts Receivable$2,260$891▼ $1,369
Savings and Temporary Cash Investments$532$532→ $0
Total Assets$147,708$119,057▼ $28,651
Other Assets Total$55,000$55,000→ $0
Liabilities
Unsecured Notes Loans Payable$282,335$282,335→ $0
Accounts Payable and Accrued Expenses$20,686$10,043▼ $10,643
Total Liabilities$459,021$537,378▲ $78,357
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-311,313$-418,321▼ $107,008
Total Net Assets Fund Balance$-311,313$-418,321▼ $107,008
Total Liabilities and Net Assets / Fund Balance$147,708$119,057▼ $28,651

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$20,750$11,305$32,055
Other Assets Org$55,000--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$17,784
Program Service Revenue
$1,040,198
Investment Income
$0
Other Revenue
$0
All Other Contributions
$17,784
Change in Net Assets
$-107,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$725,556
Salaries, Compensation, and Employee Benefits$439,434
Total Fundraising Expense$59,421
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$484,913$53,880-$538,793
Other Salaries and Wages$215,014$107,507$35,836$358,357
Payroll Taxes$48,646$24,323$8,108$81,077
Office Expenses$18,599$7,211$2,266$28,076
Insurance$10,429$5,214$1,738$17,381
Other Expenses$9,389$4,695$1,565$15,649
Advertising--$6,441$6,441
Depreciation Depletion$3,442$1,721$574$5,737
All Other Expenses$1,413$707$236$2,356
Fees for Services Accounting-$1,354-$1,354
Fees for Services Legal-$1,125-$1,125
Interest-$25-$25
Total Functional Expenses$864,913$240,656$59,421$1,164,990
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$156,000$245,000▲ $89,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by the outside auditor. The draft of the form 990 is then reviewed and approved by the board prior to the filing of the form 990 with the internal revenue service.

Form 990, Part VI, Section C, Line 19

Upon request, all organizational documents are made available by mail, referral, email communication or in person.

Filing and Contact Details

Filer

Filer Name
Intiwasi
EIN
83-3968155
Phone
3232477305
Address
9017 W PICO BLVD, LOS ANGELES, CA 90036

Signing Officer

Name
Karina M Torres
Title
President
Phone
3232477305
Signed
2023-11-15

Organization Details

Principal Officer
Karina M Torres
Formed
2019
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
25
Volunteers
20
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IRS990/ActivityOrMissionDesc0AT INTIWASI WE FIRMLY BELIEVE THAT EVERY CHILD HAS THE RIGHT TO GOOD QUALITY EDUCATION REGARDLESS OF THEIR GENDER, RACE, OR BELIEFS AND WE ARE COMMITTED TO OFFERING EQUAL OPPORTUNITIES TO ALL OF OUR STUDENTS AND PROSPECTIVE STUDENTS. WE UNDERSTAND THE BENEFITS THAT BILINGUAL EDUCATION BRINGS, SOCIAL AND ACADEMIC DEVELOPMENT AND WE ARE DETERMINED TO CREATE A COMMUNITY THAT NURTURES EACH STUDENTS' FULL POTENTIAL. INTIWASI IS A 501C(3) SO WE FUNDRAISE PRIVATELY TO OFFER FINANCIAL ASSISTANCE TO ALL MEMBERS OF OUR COMMUNITY WHO CANNOT AFFORD TUITION. IN ADDITION, WE ARE COMMITTED TO WORKING WITH GOVERNMENTAL AGENCIES THAT OFFER TUITION ASSISTANCE TO PARENTS IN NEED.
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IRS990/ReconcilationRevenueExpnssAmt0-107008
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01040198
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0532
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0532
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017784
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016110
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt033894
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01040099
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0726917
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt083847
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01850863
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01532
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01540
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportTotal509Amt01884757
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01057883
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0743027
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt083847
IRS990ScheduleA/Total509Grp/TotalAmt01884757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01057883
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0743031
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt083855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01532
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01886301
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt055000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020750
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011305
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt032055
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020750
IRS990ScheduleD/TotalBookValueOtherAssetsAmt055000
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt066000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt120000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2159000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0YACHAYWASI INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING NEEDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATING NEEDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2OPERATING NEEDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt066000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt135080
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2159000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0KARINA M TORRES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1GUIDO POLLES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1CHIEF FINANCIAL OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/TotalBalanceDueAmt0245000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE OUTSIDE AUDITOR. THE DRAFT OF THE FORM 990 IS THEN REVIEWED AND APPROVED BY THE BOARD PRIOR TO THE FILING OF THE FORM 990 WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST, ALL ORGANIZATIONAL DOCUMENTS ARE MADE AVAILABLE BY MAIL, REFERRAL, EMAIL COMMUNICATION OR IN PERSON.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0147708
IRS990/TotalAssetsEOYAmt0119057
IRS990/TotalAssetsGrp/BOYAmt0147708
IRS990/TotalAssetsGrp/EOYAmt0119057
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt017784
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt059421
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0240656
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0864913
IRS990/TotalFunctionalExpensesGrp/TotalAmt01164990
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0459021
IRS990/TotalLiabilitiesEOYAmt0537378
IRS990/TotalLiabilitiesGrp/BOYAmt0459021
IRS990/TotalLiabilitiesGrp/EOYAmt0537378
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-311313
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-418321

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