Civic Intelligence

Leoto Inc.

990EZ • Fiscal year 2022 • EIN 85-3080285

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 14, 2023

4143 Indian Forest RoadStone Mountain, GA 30083

(404) 242-8077

Siviq Scores

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

Liabilities / Assets

97th percentile

1.75x

Higher debt load relative to assets than 97% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

2.36x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

9th percentile

-59%

Higher net margin than 9% 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

72nd percentile

21%

Faster asset growth than 72% of similar nonprofits.

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

Revenue Growth

37th percentile

-3.1%

Faster revenue growth than 37% of similar nonprofits.

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

Assets

Up

$6,820

Up $1,166 (+21%) from 2021

Net Assets

Down

-$5,145

Down $2,989 (-139%) from 2021

Liabilities

Up

$11,965

Up $4,155 (+53%) from 2021

Revenue

Down

$5,080

Down $162 (-3.1%) from 2021

Expenses

Up

$8,069

Up $219 (+2.8%) from 2021

Net Income

Down

-$2,989

Down $381 (-15%) from 2021

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0-$5.0K-$10KAssets 2020: $452Net Assets 2020: $4522020Assets 2021: $5,654Liabilities 2021: $7,810Net Assets 2021: -$2,1562021Assets 2022: $6,820Liabilities 2022: $11,965Net Assets 2022: -$5,1452022Assets 2023: $7,535Liabilities 2023: $11,965Net Assets 2023: -$4,4302023Assets 2024: $7,095Liabilities 2024: $11,966Net Assets 2024: -$4,8712024

Highlighted filing

2022

Assets$6,820
Liabilities$11,965
Net Assets-$5,145

Operations Trend

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

$10K$5.0K$0-$5.0KRevenue 2020: $2,029Expenses 2020: $1,577Net Income 2020: $4522020Revenue 2021: $5,242Expenses 2021: $7,850Net Income 2021: -$2,6082021Revenue 2022: $5,080Expenses 2022: $8,069Net Income 2022: -$2,9892022Revenue 2023: $2,041Expenses 2023: $1,326Net Income 2023: $7152023Revenue 2024: $9,430Expenses 2024: $9,871Net Income 2024: -$4412024

Highlighted filing

2022

Revenue$5,080
Expenses$8,069
Net Income-$2,989
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 14, 2023
Return Version
2022v5.0
Gross Receipts
$5,080
Mission and Program Overview

Mission

The corporation is organized to lead and participate in initiative for communities that uplift, encourage, educate and support families in distress. The organization programs includes providing housing assistant, meals, education and training, community room activities, interpreters, service animal accommodations, assistive technology for individuals with vision and hearing disabilities, and to promote such persons in gaining independence and the confidence to function and live on their own. The organization engages in benevolent work and to promote fellowship and coopertion between those who or may become associated with this ogranizaion. To provide transportation services and other means of helping participants in the programs sponsored.

Program Services

DescriptionGrantsExpenses
TO PROVIDE VARIOUS VALUED LIFE PROGRAMS TO MEMBERS OF COMMUNITIES IN THE STATE OF GEORGIA THAT LEADS TO INITIATIVES THAT UPLIFTS, ENCOURAGES, EDUCATE AND SUPPORT FAMILIES IN DISTRESS. TO HELP AND ASSIST INDIVIDUALS WITH VISION AND HEARING DISABILITIES. HELP PARTICIPANTS IN THE VARIOUS PROGRAMS OF THE ORGANIZAITON IN DEVELOPING CONFIDENCE IN FUNCIONAL LIVING AND IMPROVING LIFE SKILLS. TO PROMOTE FELLOWHIP AND COOPERATION WITH COMMUNITIES AND PARTNERS IN CARRYING OUT THE ORGANIZATION PROGRAMS.-$4,253
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEMETRIUS T THOMASTreasurer-$0--
TAMI BRODIEDirector-$0--
WENDELL ALLENDirector-$0--
JYPSY NICHOLSSecretary-$0--
SUZANNE K POPLINDirector-$0--
GWEN SMITHDirectorPT$0--
ERIC SMITHPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Leoto Inc
EIN
85-3080285
Phone
4042428077
Address
4143 INDIAN FOREST ROAD, STONE MOUNTAIN, GA 30083

Signing Officer

Name
Eric Smith
Title
President
Phone
4042428077
Signed
2023-06-14

Preparer

Firm
CLAUSELL & ASSOCIATES CPA'S PC
Address
4260 CLAUSELL CT STE 200, DECATUR, GA 30035
Preparer
James Clausell CPA
Phone
4042888117
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses website 156 corp seal 130 3,833 total 4,119

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 7,810 11,965

Form 990-ez, Part III

The corporation is organized to lead and participate in initiative for communities that uplift, encourage, educate and support families in distress. The organization programs includes providing housing assistant, meals, education and training, community room activities, interpreters, service animal accommodations, assistive technology for individuals with vision and hearing disabilities, and to promote such persons in gaining independence and the confidence to function and live on their own. The organization engages in benevolent work and to promote fellowship and coopertion between those who or may become associated with this ogranizaion. To provide transportation services and other means of helping participants in the programs sponsored.

Form 990-ez, Part III, Line 28

To provide various valued life programs to members of communities in the state of georgia that leads to initiatives that uplifts, encourages, educate and support families in distress. To help and assist individuals with vision and hearing disabilities. Help participants in the various programs of the organizaiton in developing confidence in funcional living and improving life skills. To promote fellowhip and cooperation with communities and partners in carrying out the organization programs.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES WEBSITE 156 CORP SEAL 130 3,833 TOTAL 4,119
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 7,810 11,965
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION IS ORGANIZED TO LEAD AND PARTICIPATE IN INITIATIVE FOR COMMUNITIES THAT UPLIFT, ENCOURAGE, EDUCATE AND SUPPORT FAMILIES IN DISTRESS. THE ORGANIZATION PROGRAMS INCLUDES PROVIDING HOUSING ASSISTANT, MEALS, EDUCATION AND TRAINING, COMMUNITY ROOM ACTIVITIES, INTERPRETERS, SERVICE ANIMAL ACCOMMODATIONS, ASSISTIVE TECHNOLOGY FOR INDIVIDUALS WITH VISION AND HEARING DISABILITIES, AND TO PROMOTE SUCH PERSONS IN GAINING INDEPENDENCE AND THE CONFIDENCE TO FUNCTION AND LIVE ON THEIR OWN. THE ORGANIZATION ENGAGES IN BENEVOLENT WORK AND TO PROMOTE FELLOWSHIP AND COOPERTION BETWEEN THOSE WHO OR MAY BECOME ASSOCIATED WITH THIS OGRANIZAION. TO PROVIDE TRANSPORTATION SERVICES AND OTHER MEANS OF HELPING PARTICIPANTS IN THE PROGRAMS SPONSORED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE VARIOUS VALUED LIFE PROGRAMS TO MEMBERS OF COMMUNITIES IN THE STATE OF GEORGIA THAT LEADS TO INITIATIVES THAT UPLIFTS, ENCOURAGES, EDUCATE AND SUPPORT FAMILIES IN DISTRESS. TO HELP AND ASSIST INDIVIDUALS WITH VISION AND HEARING DISABILITIES. HELP PARTICIPANTS IN THE VARIOUS PROGRAMS OF THE ORGANIZAITON IN DEVELOPING CONFIDENCE IN FUNCIONAL LIVING AND IMPROVING LIFE SKILLS. TO PROMOTE FELLOWHIP AND COOPERATION WITH COMMUNITIES AND PARTNERS IN CARRYING OUT THE ORGANIZATION PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04042428077
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEOTO INC
ReturnHeader/Filer/BusinessNameControlTxt0LEOT
ReturnHeader/Filer/EIN0853080285
ReturnHeader/Filer/PhoneNum04042428077
ReturnHeader/Filer/USAddress/AddressLine1Txt04143 INDIAN FOREST ROAD
ReturnHeader/Filer/USAddress/CityNm0STONE MOUNTAIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030083
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581798795
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLAUSELL & ASSOCIATES CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04260 CLAUSELL CT STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DECATUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030035
ReturnHeader/PreparerPersonGrp/PhoneNum04042888117
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES CLAUSELL CPA
ReturnHeader/ReturnTs02023-06-14T15:05:28-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ERIC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SMITH
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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