Civic Intelligence

Chip Network Corporation

EIN 84-1857831 • 501(c)3 • East Norriton, PA

Pub. 78 Eligible990-N Coverage

Profile

Chip network - congenital heart international professional network designed to provide literature, conferences, workshops, and employment to interested professionals

411 W Germantown PikeEast Norriton, PA 19403

thechipnetwork.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

17th percentile

-39%

Higher net margin than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

$3,915

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$3,915

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin17th percentile

Revenue

$20,241

No earlier filing loaded for comparison.

Expenses

$28,037

No earlier filing loaded for comparison.

Net Income

-$7,796

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0K$3.0K$2.0K$1.0K$0Assets 2020: $3,915Liabilities 2020: $0Net Assets 2020: $3,9152020

Highlighted filing

2020

Assets$3,915
Liabilities$0
Net Assets$3,915
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2020: $20,241Expenses 2020: $28,037Net Income 2020: -$7,7962020

Highlighted filing

2020

Revenue$20,241
Expenses$28,037
Net Income-$7,796
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,915
Liabilities
$0
Net assets
$3,915
Revenue
$20,241
Expenses
$28,037
Net income
-$7,796
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$3.92$0.00$3.92$20.2$28.0$7.80
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$20,241
Mission and Program Overview

Mission

Chip network - congenital heart international professional network designed to provide literature, conferences, workshops, and employment to interested professionals

Program Services

DescriptionGrantsExpenses
CHIP NETWORK - CONGENITAL HEART INTERNATIONAL PROFESSIONAL NETWORK DESIGNED TO PROVIDE LITERATURE, CONFERENCES, WORKSHOPS, AND EMPLOYMENT TO INTERESTED PROFESSIONALS$0$27,937
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GARY WEBB DECEASEDPresident / Treasurer-$0--
THERESA FAULKNERVice-President-$0--
KHYATI PANDYASecretary-$0--
MARGARET J CAPONETemp Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Chip Network Corporation
EIN
84-1857831
Phone
2153138058
Address
411 W GERMANTOWN PIKE, EAST NORRITON, PA 19403

Signing Officer

Name
Varun Agartala
Title
President
Phone
7134977269
Signed
2021-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Margaret J Capone CPA
Address
411 W GERMANTOWN PIKE, EAST NORRITON, PA 19403-4229
Preparer
Margaret J Capone CPA
Phone
6102724944
Supplemental Narrative

Additional Explanations

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

“Description: marketing / web design. Amount: 27,937. Description: bank fees. Amount: 100. Total to form 990-ez, line 16: 28,037.”

Raw XML Appendix130 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum02153138058
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01254 DENBIGH LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RADNOR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019087
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011711
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03915
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-7796
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011711
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03915
IRS990EZ/GrossReceiptsAmt020241
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt017018
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011711
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03915
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011711
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03915
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GARY WEBB DECEASED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THERESA FAULKNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KHYATI PANDYA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARGARET J CAPONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT / TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TEMP TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt028037
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0CHIP NETWORK - CONGENITAL HEART INTERNATIONAL PROFESSIONAL NETWORK DESIGNED TO PROVIDE LITERATURE, CONFERENCES, WORKSHOPS, AND EMPLOYMENT TO INTERESTED PROFESSIONALS
IRS990EZ/ProgramServiceRevenueAmt03223
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHIP NETWORK - CONGENITAL HEART INTERNATIONAL PROFESSIONAL NETWORK DESIGNED TO PROVIDE LITERATURE, CONFERENCES, WORKSHOPS, AND EMPLOYMENT TO INTERESTED PROFESSIONALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027937
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0PA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt028037
IRS990EZ/TotalProgramServiceExpensesAmt027937
IRS990EZ/TotalRevenueAmt020241
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0THECHIPNETWORK.ORG
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MARKETING / WEB DESIGN. AMOUNT: 27,937. DESCRIPTION: BANK FEES. AMOUNT: 100. TOTAL TO FORM 990-EZ, LINE 16: 28,037.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VARUN AGARTALA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07134977269
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHIP NETWORK CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0CHIP
ReturnHeader/Filer/EIN0841857831
ReturnHeader/Filer/PhoneNum02153138058
ReturnHeader/Filer/USAddress/AddressLine1Txt0411 W GERMANTOWN PIKE
ReturnHeader/Filer/USAddress/CityNm0EAST NORRITON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019403
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232405055
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARGARET J CAPONE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0411 W GERMANTOWN PIKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST NORRITON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0194034229
ReturnHeader/PreparerPersonGrp/PhoneNum06102724944
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARGARET J CAPONE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-09T13:38:11-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VARUN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0AGARTALA
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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