Civic Intelligence

Ignite Capital Inc.

990 • Fiscal year 2021 • EIN 84-4893203

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 26, 2023

Organization ProfileWWW.IGNITECAPITAL.ORG
1400 Greenmount Ave B01Baltimore, MD 21202

(410) 371-4722

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.90x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

2.31x

Higher debt load relative to revenue than 95% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

63rd percentile

21%

Higher net margin than 63% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

90th percentile

$112,821

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 29.1% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

84th percentile

55%

Faster asset growth than 84% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

1885%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$988,673

Up $349,775 (+55%) from 2020

Net Assets

Up

$94,700

Up $80,802 (+581%) from 2020

Liabilities

Up

$893,973

Up $268,973 (+43%) from 2020

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin63rd percentile

Revenue

Up

$387,747

Up $368,213 (+1885%) from 2020

Expenses

Up

$306,945

Up $301,309 (+5346%) from 2020

Net Income

Up

$80,802

Up $66,904 (+481%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2020: $638,898Liabilities 2020: $625,000Net Assets 2020: $13,8982020Assets 2021: $988,673Liabilities 2021: $893,973Net Assets 2021: $94,7002021Assets 2022: $2,079,883Liabilities 2022: $1,876,875Net Assets 2022: $203,0082022Assets 2023: $2,460,361Liabilities 2023: $2,320,567Net Assets 2023: $139,7942023Assets 2024: $3,315,853Liabilities 2024: $3,092,530Net Assets 2024: $223,3232024

Highlighted filing

2021

Assets$988,673
Liabilities$893,973
Net Assets$94,700
Open 2021 Filing

Operations Trend

Revenue Growth99th percentile

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

$400K$200K$0-$200KRevenue 2020: $19,534Expenses 2020: $5,636Net Income 2020: $13,8982020Revenue 2021: $387,747Expenses 2021: $306,945Net Income 2021: $80,8022021Revenue 2022: $317,895Expenses 2022: $209,587Net Income 2022: $108,3082022Revenue 2023: $263,432Expenses 2023: $326,646Net Income 2023: -$63,2142023Revenue 2024: $283,280Expenses 2024: $199,751Net Income 2024: $83,5292024

Highlighted filing

2021

Revenue$387,747
Expenses$306,945
Net Income$80,802
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 26, 2023
Return Version
2021v4.2
Gross Receipts
$387,747
Mission and Program Overview

Mission

Ignite capital is a social impact fund with the mission to 1) empower and resource baltimore social enterprises in economically distressed communitites, 2)support the overall efforts of these social enterprises to attract future investments in support of their mission and, 3) contribute to ongoing efforts in ensuring baltimore neighborhoods are thriving sustainably.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$518,898$734,943▲ $216,045
Other Notes and Loans Receivable, Net$120,000$253,730▲ $133,730
Total Assets$638,898$988,673▲ $349,775
Liabilities
Other Liabilities$625,000$893,772▲ $268,772
Accounts Payable and Accrued Expenses-$201-
Total Liabilities$625,000$893,973▲ $268,973
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,898$94,700▲ $80,802
Total Net Assets Fund Balance$13,898$94,700▲ $80,802
Total Liabilities and Net Assets / Fund Balance$638,898$988,673▲ $349,775
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleOtherTotal
Jay NwachuPresident$112,821$112,821

Board Members and Trustees

NameTitle
Patti ChandlerChairman
Dan RizzoDirector
Fr Richard McgowanDirector
Murray DalzielDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$383,775
Program Service Revenue
$0
Investment Income
$3,972
Other Revenue
$0
All Other Contributions
$383,775
Change in Net Assets
$80,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$244,528
Other Expenses$32,462
Salaries, Compensation, and Employee Benefits$29,955
Total Fundraising Expense$3,547
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$244,528--$244,528
Other Salaries and Wages$20,331$4,118$1,286$25,735
Fees for Services Accounting-$9,207-$9,207
Interest$3,279--$3,279
Office Expenses-$2,758-$2,758
Other Employee Benefits$1,825$370$115$2,310
Payroll Taxes$1,509$306$95$1,910
Fees for Services Legal-$1,398-$1,398
Other Expenses$1,350$79$2,051$79
Total Functional Expenses$285,162$18,236$3,547$306,945
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cydeploy IncLaurel, MD-Support Mission-related Programs and Operations$50,000
FemlyUpper Marlboro, MD-Support Mission-related Programs and Operations$50,000
Sonavi LabsBaltimore, MD-Support Mission-related Programs and Operations$50,000
Infinite Focus IncGwynn Oak, MD-Support Mission-related Programs and Operations$45,028
Ecomap Technologies IncBaltimore, MD-Support Mission-related Programs and Operations$25,000
Lasarrus Clinic and Research CenterGlenn Burnie, MD-Support Mission-related Programs and Operations$10,000
Plantation Park Heights Urban FarmBaltimore, MD-Enterprise Grant$10,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other$878,279
Loan Payable Related Party$15,493
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
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 tax return is furnished to the board members for their approval prior to filing.”

Form 990, Part VI, Section B, Line 15

“Compensation for ceo is determined by board members after reviewing comparable data from other organizations.”

Form 990, Part VI, Section C, Line 18

“Documents are available by written request”

Form 990, Part VI, Section C, Line 19

“Documents are available by written request”

Filing and Contact Details

Filer

Filer Name
Ignite Capital Inc
EIN
84-4893203
Phone
4103714722
Address
1400 GREENMOUNT AVE B01, BALTIMORE, MD 21202

Signing Officer

Name
Jay Nwachu
Title
President
Phone
4103714722
Signed
2023-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Nwachu
Formed
2020
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Uhy Advisors Mid-atlantic Md Inc
Address
705 YORK ROAD, TOWSON, MD 21204
Preparer
John B Kincaid Jr
Phone
4108281961
Raw XML AppendixShowing 400 of 454 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0201
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0IGNITE CAPITAL IS A SOCIAL IMPACT FUND WITH THE MISSION TO 1) EMPOWER AND RESOURCE BALTIMORE SOCIAL ENTERPRISES IN ECONOMICALLY DISTRESSED COMMUNITITES, 2)SUPPORT THE OVERALL EFFORTS OF THESE SOCIAL ENTERPRISES TO ATTRACT FUTURE INVESTMENTS IN SUPPORT OF THEIR MISSION AND, 3) CONTRIBUTE TO ONGOING EFFORTS IN ENSURING BALTIMORE NEIGHBORHOODS ARE THRIVING SUSTAINABLY.
IRS990/AllOtherContributionsAmt0383775
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04103714722
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01400 GREENMOUNT AVE B01
IRS990/BooksInCareOfDetail/USAddress/CityNm0BALTIMORE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021202
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0518898
IRS990/CashNonInterestBearingGrp/EOYAmt0734943
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0383775
IRS990/CYGrantsAndSimilarPaidAmt0244528
IRS990/CYInvestmentIncomeAmt03972
IRS990/CYOtherExpensesAmt032462
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt080802
IRS990/CYSalariesCompEmpBnftPaidAmt029955
IRS990/CYTotalExpensesAmt0306945
IRS990/CYTotalFundraisingExpenseAmt03547
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0387747
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0EMPOWER AND RESOURCE BALTIMORE SOCIAL ENTERPRISES IN ECONOMICALLY DISTRESSED COMMUNITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0285162
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09207
IRS990/FeesForServicesAccountingGrp/TotalAmt09207
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01398
IRS990/FeesForServicesLegalGrp/TotalAmt01398
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4112821
IRS990/Form990PartVIISectionAGrp/PersonNm0PATTI CHANDLER
IRS990/Form990PartVIISectionAGrp/PersonNm1MURRAY DALZIEL
IRS990/Form990PartVIISectionAGrp/PersonNm2FR RICHARD MCGOWAN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAN RIZZO
IRS990/Form990PartVIISectionAGrp/PersonNm4JAY NWACHU
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0244528
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0244528
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0244528
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0387747
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt03279
IRS990/InterestGrp/TotalAmt03279
IRS990/InvestmentIncomeGrp/ExclusionAmt03972
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03972
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0IGNITE CAPITAL IS A SOCIAL IMPACT FUND WITH THE MISSION TO 1) EMPOWER AND RESOURCE BALTIMORE SOCIAL ENTERPRISES IN ECONOMICALLY DISTRESSED COMMUNITITES, 2)SUPPORT THE OVERALL EFFORTS OF THESE SOCIAL ENTERPRISES TO ATTRACT FUTURE INVESTMENTS IN SUPPORT OF THEIR MISSION AND, 3) CONTRIBUTE TO ONGOING EFFORTS IN ENSURING BALTIMORE NEIGHBORHOODS ARE THRIVING SUSTAINABLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt013898
IRS990/NetAssetsOrFundBalancesEOYAmt094700
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt013898
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt094700
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02758
IRS990/OfficeExpensesGrp/TotalAmt02758
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0115
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0370
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01825
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02310
IRS990/OtherExpensesGrp/Desc0TECHNOLOGY
IRS990/OtherExpensesGrp/Desc1FUNDRAISING
IRS990/OtherExpensesGrp/Desc2CONTRACTORS
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt02051
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt079
IRS990/OtherExpensesGrp/ProgramServicesAmt012340
IRS990/OtherExpensesGrp/ProgramServicesAmt11350
IRS990/OtherExpensesGrp/TotalAmt012340
IRS990/OtherExpensesGrp/TotalAmt12051
IRS990/OtherExpensesGrp/TotalAmt21350
IRS990/OtherExpensesGrp/TotalAmt379
IRS990/OtherLiabilitiesGrp/BOYAmt0625000
IRS990/OtherLiabilitiesGrp/EOYAmt0893772
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01286
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04118
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt020331
IRS990/OtherSalariesAndWagesGrp/TotalAmt025735
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0120000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0253730
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt095
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0306
IRS990/PayrollTaxesGrp/ProgramServicesAmt01509
IRS990/PayrollTaxesGrp/TotalAmt01910
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAY NWACHU
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt020000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt05636
IRS990/PYOtherRevenueAmt0-466
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt013898
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt05636
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019534
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt080802
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0823417166
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt098775
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0INNOVATION WORKS INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt098775
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/OtherLiabilitiesOrgGrp/Amt015493
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1878279
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0893772
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt045028
IRS990ScheduleI/RecipientTable/CashGrantAmt150000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt310000
IRS990ScheduleI/RecipientTable/CashGrantAmt450000
IRS990ScheduleI/RecipientTable/CashGrantAmt510000
IRS990ScheduleI/RecipientTable/CashGrantAmt650000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5ENTERPRISE GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INFINITE FOCUS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SONAVI LABS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ECOMAP TECHNOLOGIES INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3LASARRUS CLINIC AND RESEARCH CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4FEMLY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5PLANTATION PARK HEIGHTS URBAN FARM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6CYDEPLOY INC
IRS990ScheduleI/RecipientTable/RecipientEIN0824481194
IRS990ScheduleI/RecipientTable/RecipientEIN1823384818
IRS990ScheduleI/RecipientTable/RecipientEIN2832655720
IRS990ScheduleI/RecipientTable/RecipientEIN3462938598
IRS990ScheduleI/RecipientTable/RecipientEIN4811228220
IRS990ScheduleI/RecipientTable/RecipientEIN5832948327
IRS990ScheduleI/RecipientTable/RecipientEIN6861347248
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05601 BURTIS AVE APT D
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11100 WICOMICO STREET STE 600
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt28 MARKET PLACE STE 300
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt38221 HICKORY HOLLOW DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt414715 TURNER WOOTTON PKWY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt53811 PARK HEIGHTS AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt614625 BALTIMORE AVE 436
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GWYNN OAK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3GLENN BURNIE
IRS990ScheduleI/RecipientTable/USAddress/CityNm4UPPER MARLBORO
IRS990ScheduleI/RecipientTable/USAddress/CityNm5BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/CityNm6LAUREL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd021207
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd121202
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd221202
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd321060
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd420774
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd521215
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd620707
IRS990ScheduleI/TotalOtherOrgCnt09
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS FURNISHED TO THE BOARD MEMBERS FOR THEIR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION FOR CEO IS DETERMINED BY BOARD MEMBERS AFTER REVIEWING COMPARABLE DATA FROM OTHER ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE BY WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE BY WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INNOVATIONS WORKS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0823417166
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01400 GREENMOUNT AVE STE B01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BALTIMORE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd021202
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt098775
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt129955
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2185973
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0INNOVATION WORKS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1INNOVATION WORKS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2INNOVATION WORKS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0638898
IRS990/TotalAssetsEOYAmt0988673
IRS990/TotalAssetsGrp/BOYAmt0638898
IRS990/TotalAssetsGrp/EOYAmt0988673
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0383775
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03547
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018236
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0285162
IRS990/TotalFunctionalExpensesGrp/TotalAmt0306945
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0625000
IRS990/TotalLiabilitiesEOYAmt0893973
IRS990/TotalLiabilitiesGrp/BOYAmt0625000
IRS990/TotalLiabilitiesGrp/EOYAmt0893973
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013898
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt094700
IRS990/TotalOtherCompensationAmt0112821
IRS990/TotalProgramServiceExpensesAmt0285162

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$988,673
Liabilities
$893,973
Net assets
$94,700
Revenue
$387,747
Expenses
$306,945
Net income
$80,802
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$3.09$0.22$0.28$0.20$0.08
2023Summary only. Only limited summary data is available for this year.$2.46$2.32$0.14$0.26$0.33$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$1.88$0.20$0.32$0.21$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.89$0.09$0.39$0.31$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.63$0.01$0.02$0.01$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $500k-$1M nonprofits