Civic Intelligence

Igmorphanage Inc.

990EZ • Fiscal year 2023 • EIN 85-2492422

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

9th percentile

-56%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

26th percentile

-16%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

-2.6%

Faster revenue growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$53,889

Down $10,063 (-16%) from 2022

Net Assets

Down

$53,889

Down $10,063 (-16%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin9th percentile

Revenue

Down

$17,937

Down $484 (-2.6%) from 2022

Expenses

Up

$28,000

Up $7,975 (+40%) from 2022

Net Income

Down

-$10,063

Down $8,459 (-527%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth26th 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: $63,952Net Assets 2022: $63,9522022Assets 2023: $53,889Liabilities 2023: $0Net Assets 2023: $53,8892023Assets 2024: $57,662Net Assets 2024: $57,6622024

Highlighted filing

2023

Assets$53,889
Liabilities$0
Net Assets$53,889
Open 2023 Filing

Operations Trend

Revenue Growth41st 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 2023: $17,937Expenses 2023: $28,000Net Income 2023: -$10,0632023Revenue 2024: $27,773Expenses 2024: $24,000Net Income 2024: $3,7732024

Highlighted filing

2023

Revenue$17,937
Expenses$28,000
Net Income-$10,063
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$17,937
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-$28,000
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
2024-11-14

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 28,000 total 28,000”

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 Appendix113 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/AddressLine1Txt0115 COLUMBIA
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ALISO VIEJO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092656
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt063952
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt053889
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017937
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-10063
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt063952
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053889
IRS990EZ/GrossReceiptsAmt017937
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt063952
IRS990EZ/NetAssetsOrFundBalancesEOYAmt053889
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt063952
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt053889
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/OtherExpensesTotalAmt028000
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/ProgramServiceExpensesAmt028000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt028000
IRS990EZ/TotalProgramServiceExpensesAmt028000
IRS990EZ/TotalRevenueAmt017937
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt017937
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt018421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0156000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0198975
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0198975
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt017937
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt018421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06617
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0156000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0198975
IRS990ScheduleA/TotalSupportAmt0198975
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PHILEO ORPHANAGE 28,000 TOTAL 28,000
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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES SHIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07145142523
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
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/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHULHYUNG BAE CPA
ReturnHeader/ReturnTs02024-11-14T21:01:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,889
Liabilities
$0
Net assets
$53,889
Revenue
$17,937
Expenses
$28,000
Net income
-$10,063
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
2023Detailed filing. Detailed filing data is available for this year.$53.9$0.00$53.9$17.9$28.0$10.1
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$65.6$6.62$28.1$21.4