Civic Intelligence

Igmorphanage Inc.

990EZ • Fiscal year 2022 • EIN 85-2492422

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

Organization ProfileN/A
115 ColumbiaAliso Viejo, CA 92656

(714) 514-2523

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

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

27th percentile

-8.7%

Higher net margin than 27% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

42nd percentile

-2.4%

Faster asset growth than 42% of similar nonprofits.

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

Revenue Growth

90th percentile

178%

Faster revenue growth than 90% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$63,952

Down $1,604 (-2.4%) from 2021

Net Assets

Down

$63,952

Down $1,604 (-2.4%) from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin27th percentile

Revenue

Up

$18,421

Up $11,804 (+178%) from 2021

Expenses

Down

$20,025

Down $8,036 (-29%) from 2021

Net Income

Up

-$1,604

Up $19,840 (+93%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

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

Highlighted filing

2022

Assets$63,952
Liabilities$0
Net Assets$63,952
Open 2022 Filing

Operations Trend

Revenue Growth90th 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

2022

Revenue$18,421
Expenses$20,025
Net Income-$1,604
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$18,421
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-$20,000
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES SHINPresident &-$0--
EVA GAOCFO-$0--
SUK JOON HUHSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Igmorphanage Inc
EIN
85-2492422
Phone
7145142523
Address
115 COLUMBIA, ALISO VIEJO, CA 92656

Signing Officer

Name
James Shin
Title
President & CEO
Phone
7145142523
Signed
2023-11-13

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 20,000 fee paid for ca rrf-1 25 total 20,025”

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 Appendix112 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/BOYAmt065556
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt063952
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt018421
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1604
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt065556
IRS990EZ/Form990TotalAssetsGrp/EOYAmt063952
IRS990EZ/GrossReceiptsAmt018421
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt065556
IRS990EZ/NetAssetsOrFundBalancesEOYAmt063952
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt065556
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt063952
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
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/OtherExpensesTotalAmt020025
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/ProgramServiceExpensesAmt020000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020025
IRS990EZ/TotalProgramServiceExpensesAmt020000
IRS990EZ/TotalRevenueAmt018421
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt018421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0156000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0181038
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0181038
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt018421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06617
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0156000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0181038
IRS990ScheduleA/TotalSupportAmt0181038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PHILEO ORPHANAGE 20,000 FEE PAID FOR CA RRF-1 25 TOTAL 20,025
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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES SHIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07145142523
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE IGMORPHANAGE INC
ReturnHeader/Filer/BusinessNameControlTxt0IGMO
ReturnHeader/Filer/EIN0852492422
ReturnHeader/Filer/PhoneNum07145142523
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 COLUMBIA
ReturnHeader/Filer/USAddress/CityNm0ALISO VIEJO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092656
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
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/PreparationDt02023-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHULHYUNG BAE CPA
ReturnHeader/ReturnTs02023-11-13T23:32:42-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAMES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHIN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$63,952
Liabilities
$0
Net assets
$63,952
Revenue
$18,421
Expenses
$20,025
Net income
-$1,604
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$0.00$64.0$18.4$20.0$1.60
2021Detailed filing. Detailed filing data is available for this year.$65.6$65.6$6.62$28.1$21.4