Civic Intelligence

Powan Initiative Inc.

990EZ • Fiscal year 2022 • EIN 86-2134768

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 08, 2023

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

74th percentile

0.04x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

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

Net Margin

96th percentile

82%

Higher net margin than 96% 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

95th percentile

189%

Faster asset growth than 95% of similar nonprofits.

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

Revenue Growth

79th percentile

70%

Faster revenue growth than 79% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$17,458

Up $11,419 (+189%) from 2021

Net Assets

Up

$16,708

Up $11,519 (+222%) from 2021

Liabilities

Down

$750

Down $100 (-12%) from 2021

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin96th percentile

Revenue

Up

$13,963

Up $5,763 (+70%) from 2021

Expenses

Down

$2,444

Down $567 (-19%) from 2021

Net Income

Up

$11,519

Up $6,330 (+122%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

2022

Assets$17,458
Liabilities$750
Net Assets$16,708
Open 2022 Filing

Operations Trend

Revenue Growth79th percentile

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

2022

Revenue$13,963
Expenses$2,444
Net Income$11,519
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 8, 2023
Return Version
2022v5.0
Gross Receipts
$13,963
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

Program Services

DescriptionGrantsExpenses
STRASS FOUNDATION$11,000$0
Compensation and Service Providers
Top Officer Pay78th 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
2023-04-08

Preparer

Firm
Tp Tax LLC
Address
1154 E YORBA LINDA BLVD, PLACENTIA, CA 92870
Preparer
Aakin D Patel
Phone
6577895670
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Nonprofit Insurance costs, training, Google Ads, etc 2444.”

Raw XML Appendix135 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/PersonNm0ANKITA AHLUWALIA
IRS990EZ/BooksInCareOfDetail/PhoneNum07148624116
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03862 AVOCADO ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0IRVINE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092606
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05189
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt017458
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013963
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011519
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05189
IRS990EZ/Form990TotalAssetsGrp/EOYAmt017458
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt013963
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05189
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016708
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05189
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt016708
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANKITA AHLUWALIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02444
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0POWAN INTIATIVE STRIVES FOR EQUITABLE EDUCATION BY PROVIDING EASY ACCECES TO EDUCATIONAL AND MENTORSHIP SUPPORT TO FOSTER INTELLECTUAL CURIOSITY PERSONAL GROWTH
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0STRASS FOUNDATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt011000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0750
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02444
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt013963
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013963
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt013963
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt013963
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013963
IRS990ScheduleA/Total509Grp/TotalAmt013963
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013963
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Nonprofit Insurance costs, training, Google Ads, etc 2444.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANKITA AHLUWALIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07148624116
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-08
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
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882635443
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TP TAX LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01154 E YORBA LINDA BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PLACENTIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092870
ReturnHeader/PreparerPersonGrp/PhoneNum06577895670
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AAKIN D PATEL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-04-12T12:33:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANKITA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0AHLUWALIA
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
$17,458
Liabilities
$750
Net assets
$16,708
Revenue
$13,963
Expenses
$2,444
Net income
$11,519
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