Civic Intelligence

Powan Initiative Inc.

990EZ • Fiscal year 2021 • EIN 86-2134768

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 14, 2022

Organization ProfileN/A
3862 Avocado StIrvine, CA 92606

(714) 862-4116

Siviq Scores

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

Liabilities / Assets

80th percentile

0.14x

Higher debt load relative to assets than 80% of similar nonprofits.

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

Liabilities / Revenue

79th percentile

0.10x

Higher debt load relative to revenue than 79% of similar nonprofits.

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

Net Margin

91st percentile

63%

Higher net margin than 91% 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets80th percentile

Assets

$6,039

No earlier filing loaded for comparison.

Net Assets

$5,189

No earlier filing loaded for comparison.

Liabilities

$850

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin91st percentile

Revenue

$8,200

No earlier filing loaded for comparison.

Expenses

$3,011

No earlier filing loaded for comparison.

Net Income

$5,189

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0Assets 2021: $6,039Liabilities 2021: $850Net Assets 2021: $5,1892021Assets 2022: $17,458Liabilities 2022: $750Net Assets 2022: $16,7082022Assets 2023: $13,534Liabilities 2023: $0Net Assets 2023: $13,5342023Assets 2024: $21,123Net Assets 2024: $21,1232024

Highlighted filing

2021

Assets$6,039
Liabilities$850
Net Assets$5,189
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15K$10K$5.0K$0-$5.0KRevenue 2021: $8,200Expenses 2021: $3,011Net Income 2021: $5,1892021Revenue 2022: $13,963Expenses 2022: $2,444Net Income 2022: $11,5192022Revenue 2023: $7,000Expenses 2023: $10,174Net Income 2023: -$3,1742023Revenue 2024: $14,634Expenses 2024: $7,045Net Income 2024: $7,5892024

Highlighted filing

2021

Revenue$8,200
Expenses$3,011
Net Income$5,189
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 14, 2022
Return Version
2021v4.0
Gross Receipts
$8,200
Mission and Program Overview

Mission

Powan intiative strives for equitable education by providing easy acceces to educational and mentorship support to foster intellectual curiosity personal growth

POWAN Initiative strives for equitable education by providing easy access to educational and mentorship support to foster intellectual curiosity and personal growth.

Program Services

DescriptionGrantsExpenses
POWAN Initiative strives for equitable education by providing easy access to educational and mentorship support to foster intellectual curiosity and personal growth.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ankita AhluwaliaPresident-$0--
Filing and Contact Details

Filer

Filer Name
POWAN Initiative
EIN
86-2134768
Phone
7148624116
Address
3862 AVOCADO ST, Irvine, CA 92606

Signing Officer

Name
Ankita Ahluwalia
Title
President
Phone
7148624116
Signed
2022-03-14
Discuss with paid preparer
Yes

Preparer

Firm
1800Accountant LLC
Address
260 MADISON AVE STE 1001, NEW YORK, NY 10016
Preparer
Iftekar Rafi
Phone
8002226868
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Website Development $2140”

Other Expenses.2

“Bank Late Fee $16”

Other Expenses.3

“Secretary of State Filing $5”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $850”

Raw XML Appendix128 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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IRS990EZ/BooksInCareOfDetail/PhoneNum07148624116
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03862 AVOCADO ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Irvine
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092606
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06039
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0850
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02161
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0POWAN Initiative strives for equitable education by providing easy access to educational and mentorship support to foster intellectual curiosity and personal growth.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0POWAN Initiative strives for equitable education by providing easy access to educational and mentorship support to foster intellectual curiosity and personal growth.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0850
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt03011
IRS990EZ/TotalRevenueAmt08200
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08200
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt08200
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08200
IRS990ScheduleA/Total509Grp/TotalAmt08200
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08200
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Website Development $2140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Late Fee $16
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Secretary of State Filing $5
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $850
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Total Liabilities.1001
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ankita Ahluwalia
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07148624116
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POWAN Initiative
ReturnHeader/Filer/BusinessNameControlTxt0POWA
ReturnHeader/Filer/EIN0862134768
ReturnHeader/Filer/PhoneNum07148624116
ReturnHeader/Filer/USAddress/AddressLine1Txt03862 AVOCADO ST
ReturnHeader/Filer/USAddress/CityNm0Irvine
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092606
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010016
ReturnHeader/PreparerPersonGrp/PhoneNum08002226868
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Iftekar Rafi
ReturnHeader/ReturnTs02022-03-14T08:52:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Ankita
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Ahluwalia
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
$6,039
Liabilities
$850
Net assets
$5,189
Revenue
$8,200
Expenses
$3,011
Net income
$5,189
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.1$21.1$14.6$7.05$7.59
2023Detailed filing. Detailed filing data is available for this year.$13.5$0.00$13.5$7.00$10.2$3.17
2022Detailed filing. Detailed filing data is available for this year.$17.5$0.75$16.7$14.0$2.44$11.5
2021Detailed filing. Detailed filing data is available for this year.$6.04$0.85$5.19$8.20$3.01$5.19