Civic Intelligence

Igmorphanage Inc.

990EZ • Fiscal year 2021 • EIN 85-2492422

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 25, 2022

Organization ProfileN/A
9221 Research DrIrvine, CA 92618

(714) 514-2523

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

4th percentile

-324%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

16th percentile

-25%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

3rd percentile

-96%

Faster revenue growth than 3% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets56th percentile

Assets

$65,556

No earlier filing loaded for comparison.

Net Assets

$65,556

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin4th percentile

Revenue

$6,617

No earlier filing loaded for comparison.

Expenses

$28,061

No earlier filing loaded for comparison.

Net Income

-$21,444

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$80K$60K$40K$20K$0Assets 2021: $65,556Liabilities 2021: $0Net Assets 2021: $65,5562021Assets 2022: $63,952Net Assets 2022: $63,9522022Assets 2024: $57,662Net Assets 2024: $57,6622024

Highlighted filing

2021

Assets$65,556
Liabilities$0
Net Assets$65,556
Open 2021 Filing

Operations Trend

Revenue Growth3rd percentile

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

$40K$20K$0-$20K-$40KRevenue 2021: $6,617Expenses 2021: $28,061Net Income 2021: -$21,4442021Revenue 2022: $18,421Expenses 2022: $20,025Net Income 2022: -$1,6042022Revenue 2024: $27,773Expenses 2024: $24,000Net Income 2024: $3,7732024

Highlighted filing

2021

Revenue$6,617
Expenses$28,061
Net Income-$21,444
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 25, 2022
Return Version
2021v4.0
Gross Receipts
$6,617
Mission and Program Overview

Mission

The igmorphanage inc. Will work to build and support orphanages through charitable donations to care for and educate indigent minors of nations in need outside of the united states.

Program Services

DescriptionGrantsExpenses
GRANT PROVIDED FOR THE FOOD AND LIVING EXPENSES OF ORPHANS IN PHILEO ORPHANAGE IN YANGON, MYANMAR-$28,061
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES SHINPresident &PT$0--
EVA GAOCFOPT$0--
SUK JOON HUHSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
The Igmorphanage Inc
EIN
85-2492422
Phone
7145142523
Address
9221 RESEARCH DR, IRVINE, CA 92618

Signing Officer

Name
James Shin
Title
President & CEO
Phone
7145142523
Signed
2022-10-25

Preparer

Firm
Abl CPA Apc
Address
3600 WILSHIRE BLVD STE 1118, LOS ANGELES, CA 90010
Preparer
Chulhyung Bae CPA
Phone
2134654875
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses phileo orphanage 28,061 total 28,061”

Form 990-ez, Part III

“The igmorphanage inc. Will work to build and support orphanages through charitable donations to care for and educate indigent minors of nations in need outside of the united states.”

Raw XML Appendix109 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JAMES SHIN
IRS990EZ/BooksInCareOfDetail/PhoneNum07145142523
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt09221 RESEARCH DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0IRVINE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092618
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt087000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt065556
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06617
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-21444
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt087000
IRS990EZ/Form990TotalAssetsGrp/EOYAmt065556
IRS990EZ/GrossReceiptsAmt06617
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt087000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt065556
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt087000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt065556
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAMES SHIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1EVA GAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUK JOON HUH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt028061
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE IGMORPHANAGE INC. WILL WORK TO BUILD AND SUPPORT ORPHANAGES THROUGH CHARITABLE DONATIONS TO CARE FOR AND EDUCATE INDIGENT MINORS OF NATIONS IN NEED OUTSIDE OF THE UNITED STATES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANT PROVIDED FOR THE FOOD AND LIVING EXPENSES OF ORPHANS IN PHILEO ORPHANAGE IN YANGON, MYANMAR
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt028061
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt028061
IRS990EZ/TotalProgramServiceExpensesAmt028061
IRS990EZ/TotalRevenueAmt06617
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0156000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0162617
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0162617
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06617
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0156000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0162617
IRS990ScheduleA/TotalSupportAmt0162617
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PHILEO ORPHANAGE 28,061 TOTAL 28,061
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE IGMORPHANAGE INC. WILL WORK TO BUILD AND SUPPORT ORPHANAGES THROUGH CHARITABLE DONATIONS TO CARE FOR AND EDUCATE INDIGENT MINORS OF NATIONS IN NEED OUTSIDE OF THE UNITED STATES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES SHIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07145142523
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE IGMORPHANAGE INC
ReturnHeader/Filer/BusinessNameControlTxt0IGMO
ReturnHeader/Filer/EIN0852492422
ReturnHeader/Filer/PhoneNum07145142523
ReturnHeader/Filer/USAddress/AddressLine1Txt09221 RESEARCH DR
ReturnHeader/Filer/USAddress/CityNm0IRVINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092618
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811883010
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ABL CPA APC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03600 WILSHIRE BLVD STE 1118
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090010
ReturnHeader/PreparerPersonGrp/PhoneNum02134654875
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHULHYUNG BAE CPA
ReturnHeader/ReturnTs02022-10-25T17:18:46-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAMES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHIN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$65,556
Liabilities
$0
Net assets
$65,556
Revenue
$6,617
Expenses
$28,061
Net income
-$21,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$57.7$57.7$27.8$24.0$3.77
2022Detailed filing. Detailed filing data is available for this year.$64.0$64.0$18.4$20.0$1.60
2021Detailed filing. Detailed filing data is available for this year.$65.6$0.00$65.6$6.62$28.1$21.4