Civic Intelligence

Project 1151 Inc

990 • Fiscal year 2022 • EIN 84-3458258

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 17, 2023

6140 HW 6 Ste 196Missouri City, TX 77459

(832) 248-3425

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 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

31st percentile

-5.9%

Higher net margin than 31% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

85th percentile

$19,250

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

50th percentile

8.8%

Faster revenue growth than 50% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Flat

$0

Flat from 2021

Net Assets

Flat

$0

Flat from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$117,613

Up $9,492 (+8.8%) from 2021

Expenses

Up

$124,532

Up $11,622 (+10%) from 2021

Net Income

Down

-$6,919

Down $2,130 (-44%) from 2021

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $51,397Liabilities 2023: $0Net Assets 2023: $51,3972023Assets 2024: $58,442Liabilities 2024: $0Net Assets 2024: $58,4442024

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $108,121Expenses 2021: $112,910Net Income 2021: -$4,7892021Revenue 2022: $117,613Expenses 2022: $124,532Net Income 2022: -$6,9192022Revenue 2023: $106,141Expenses 2023: $80,200Net Income 2023: $25,9412023Revenue 2024: $98,790Expenses 2024: $91,743Net Income 2024: $7,0472024

Highlighted filing

2022

Revenue$117,613
Expenses$124,532
Net Income-$6,919
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 17, 2023
Return Version
2022v5.0
Gross Receipts
$117,613
Mission and Program Overview

Mission

Purpose is to partner with communities in Southern Africa by investing in the lives and dreams of young people through educational, medical, and athletic programs.

Partner with communities in Zambia by investing in lives and dreams of young people through educational medical and athletic programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers

Employees

NameTitleBaseTotal
Eric ThumaManaging Director$19,250$19,250
Corie ThumaOffice Manager$8,000$8,000
Revenue and Support

Revenue Composition

Contributions and Grants
$117,569
Program Service Revenue
$0
Investment Income
$44
Other Revenue
$0
All Other Contributions
$117,569
Change in Net Assets
$-6,919
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$79,684
Salaries, Compensation, and Employee Benefits$29,427
Other Expenses$15,421
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$79,684--$79,684
Current Officers, Directors, Trustees, and Key Employees$29,427--$29,427
Office Expenses$12,014--$12,404
Fees for Services Accounting$2,352--$2,352
Other Expenses---$390
Advertising$275--$275
Total Functional Expenses$123,752$0$0$124,532
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

provided to the board of directors for review.

Part VI Line 11B

Made avaiable to public upon request.

Part VI Line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
Project 1151 Inc
EIN
84-3458258
In Care Of
% Chilobe Kalambo
Address
6140 HW 6 Ste 196, Missouri City, TX 77459

Signing Officer

Name
Chilobe Kalambo
Title
Director
Phone
8322498342
Signed
2023-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Thuma
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
2

Preparer

Firm
Kalambo Consulting
Address
6140 Highway 6, Suite 196, Missouri City, TX 77459
Preparer
Chilobe Kalambo
Phone
8322483425
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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