Civic Intelligence

Powan Initiative Inc.

990EZ • Fiscal year 2023 • EIN 86-2134768

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 02, 2024

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

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

11th percentile

-45%

Higher net margin than 11% 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

22nd percentile

-22%

Faster asset growth than 22% of similar nonprofits.

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

Revenue Growth

11th percentile

-50%

Faster revenue growth than 11% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$13,534

Down $3,924 (-22%) from 2022

Net Assets

Down

$13,534

Down $3,174 (-19%) from 2022

Liabilities

Down

$0

Down $750 (-100%) from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin11th percentile

Revenue

Down

$7,000

Down $6,963 (-50%) from 2022

Expenses

Up

$10,174

Up $7,730 (+316%) from 2022

Net Income

Down

-$3,174

Down $14,693 (-128%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth22nd 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

2023

Assets$13,534
Liabilities$0
Net Assets$13,534
Open 2023 Filing

Operations Trend

Revenue Growth11th 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

2023

Revenue$7,000
Expenses$10,174
Net Income-$3,174
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 2, 2024
Return Version
2023v5.0
Gross Receipts
$7,000
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
DREAM FUND$7,000$7,000
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
2024-04-02

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 9824.”

Raw XML Appendix141 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/BOYAmt017458
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013534
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt07000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3174
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt017458
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013534
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt07000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt016708
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013534
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt016708
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013534
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/OtherExpensesTotalAmt09824
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/DescriptionProgramSrvcAccomTxt0DREAM FUND
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt07000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0750
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt010174
IRS990EZ/TotalProgramServiceExpensesAmt07000
IRS990EZ/TotalRevenueAmt07000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt07000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013963
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt020963
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt020963
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt013963
IRS990ScheduleA/Total509Grp/TotalAmt020963
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt020963
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 9824.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANKITA AHLUWALIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07148624116
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-02
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/PreparationDt02024-04-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AAKIN D PATEL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-04-15T14:00:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANKITA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0AHLUWALIA
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
$13,534
Liabilities
$0
Net assets
$13,534
Revenue
$7,000
Expenses
$10,174
Net income
-$3,174
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