Civic Intelligence

Modjo Vision Inc.

990 • Fiscal year 2023 • EIN 86-2017908

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 18, 2024

Organization Profile
1834 Webster Place SEWashington, DC 20020

(513) 236-1825

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

91st percentile

54%

Higher net margin than 91% 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

86th percentile

54%

Faster asset growth than 86% of similar nonprofits.

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

Revenue Growth

35th percentile

-8.3%

Faster revenue growth than 35% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$8,742

Up $3,051 (+54%) from 2022

Net Assets

Up

$8,742

Up $3,051 (+54%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin91st percentile

Revenue

Down

$5,690

Down $512 (-8.3%) from 2022

Expenses

Down

$2,639

Down $716 (-21%) from 2022

Net Income

Up

$3,051

Up $204 (+7.2%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$10K$5.0K$0Assets 2021: $2,844Liabilities 2021: $0Net Assets 2021: $2,8442021Assets 2022: $5,691Liabilities 2022: $0Net Assets 2022: $5,6912022Assets 2023: $8,742Liabilities 2023: $0Net Assets 2023: $8,7422023Assets 2024: $6,614Liabilities 2024: $0Net Assets 2024: $6,6142024

Highlighted filing

2023

Assets$8,742
Liabilities$0
Net Assets$8,742
Open 2023 Filing

Operations Trend

Revenue Growth35th percentile

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

$8.0K$6.0K$4.0K$2.0K$0-$2.0KRevenue 2021: $6,491Expenses 2021: $3,647Net Income 2021: $2,8442021Revenue 2022: $6,202Expenses 2022: $3,355Net Income 2022: $2,8472022Revenue 2023: $5,690Expenses 2023: $2,639Net Income 2023: $3,0512023Revenue 2024: $1,261Expenses 2024: $1,342Net Income 2024: -$812024

Highlighted filing

2023

Revenue$5,690
Expenses$2,639
Net Income$3,051
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 18, 2024
Return Version
2023v5.0
Gross Receipts
$5,690
Mission and Program Overview

Mission

Modjo Vision, Inc.s mission is to work hard to improve the lives of the residents in our hometown by initiating projects that would facilitate self help through hard work and innovation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,691$8,742▲ $3,051
Cap Stk Tr Prin Current Funds$5,691$8,742▲ $3,051
Total Assets$5,691$8,742▲ $3,051
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,691$8,742▲ $3,051
Total Liabilities and Net Assets / Fund Balance$5,691$8,742▲ $3,051
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
-President
Revenue and Support

Revenue Composition

Contributions and Grants
$5,690
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$3,051
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,639
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$2,394
Total Functional Expenses$0$0$0$2,639
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Modjo Vision Inc
EIN
86-2017908
Phone
5132361825
Address
1834 Webster Place SE, Washington, DC 20020

Signing Officer

Name
Ephrem Tefera
Title
President
Phone
5132361825
Signed
2024-03-18
Discuss with paid preparer
No

Organization Details

Principal Officer
Ephrem Tefera
Formed
2021
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
0
Employees
0

Preparer

Firm
Tesfa Financial Group Inc
Address
12501 Prosperity Dr Suite 210, Silver Spring, MD 20904
Preparer
Tesfai Asmamaw CPA CFE CGFM CFF CGM
Phone
2022076038
Supplemental Narrative

Additional Explanations

Form 990, Part V, Section Section B, Line 12C

“The Board of Directors monitor on a regular basis other board members to ensure adherence to the organizations policies and procedures.”

Raw XML Appendix274 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.

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IRS990/GrantsToIndividualsInd0false
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
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ReturnHeader/Filer/EIN0862017908
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020904
ReturnHeader/PreparerPersonGrp/PhoneNum02022076038
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tesfai Asmamaw CPA CFE CGFM CFF CGM
ReturnHeader/ReturnTs02024-03-18T06:32:41-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Ephrem
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Tefera
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 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,742
Liabilities
$0
Net assets
$8,742
Revenue
$5,690
Expenses
$2,639
Net income
$3,051
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6,614$0$6,614$1,261$1,342$81
2023Detailed filing. Detailed filing data is available for this year.$8,742$0$8,742$5,690$2,639$3,051
2022Detailed filing. Detailed filing data is available for this year.$5,691$0$5,691$6,202$3,355$2,847
2021Detailed filing. Detailed filing data is available for this year.$2,844$0$2,844$6,491$3,647$2,844