Civic Intelligence

Potencia Inc.

EIN 86-2385013 • 501(c)3 • Malden, MA

Pub. 78 Eligible990-N CoverageNTEE P84

Profile

To provide tutor training and curriculum development programs for college students and young professionals, as well as to teach the english language to immigrants and refugees in communities.

6 Pleasant Street - Suite 227Malden, MA 02148

www.potenciainc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P84 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P84 • <$500k nonprofits • Source year 2024

Net Margin

72nd percentile

19%

Higher net margin than 72% of similar nonprofits.

NTEE P84 • <$500k nonprofits • Source year 2024

Top Officer Pay

91st percentile

$17,060

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 30.1% of source-year revenue.

NTEE P84 • <$500k nonprofits • Source year 2024

Asset Growth

77th percentile

35%

Faster asset growth than 77% of similar nonprofits.

NTEE P84 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

36%

Faster revenue growth than 68% of similar nonprofits.

NTEE P84 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$41,057

Up $10,572 (+35%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$41,057

Up $10,572 (+35%) from 2023

Revenue

Up

$56,597

Up $15,035 (+36%) from 2023

Expenses

Up

$46,025

Up $27,187 (+144%) from 2023

Net Income

Down

$10,572

Down $12,152 (-53%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2023: $30,485Liabilities 2023: $0Net Assets 2023: $30,4852023Assets 2024: $41,057Liabilities 2024: $0Net Assets 2024: $41,0572024

Highlighted filing

2024

Assets$41,057
Liabilities$0
Net Assets$41,057

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2023: $41,562Expenses 2023: $18,838Net Income 2023: $22,7242023Revenue 2024: $56,597Expenses 2024: $46,025Net Income 2024: $10,5722024

Highlighted filing

2024

Revenue$56,597
Expenses$46,025
Net Income$10,572

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 20, 2025
Return Version
2024v5.0
Gross Receipts
$56,597
Mission and Program Overview

Mission

To provide tutor training and curriculum development programs for college students and young professionals, as well as to teach the english language to immigrants and refugees in communities.

Program Services

DescriptionGrantsExpenses
PROVIDE ONLINE ENGLISH LANGUAGE TUTORING TO 107 ADULTS.$19,000$27,700
DEVELOPMENT OF A CIVIC LEADERSHIP TRAINING MODULE TO ENHANCE CIVIC-RELATED TUTORING SESSIONS.$15,000$7,888
DEVELOPMENT OF A WEB APP TO STREAMLINE MATCHING AND TRACK PROGRESS.$0$1,600
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUNHYUNG YOONPresidentPT$17,060-$17,060
YU WANGTreasurer And ClerkPT$14,530-$14,530
JOEL ARANSONDirector-$0--
KATHERINE MANNINGDirector-$0--
ROBERT M MCTIGHEDirector-$0--
CATHERINE POPPERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Potencia Inc
EIN
86-2385013
Phone
6175800176
Address
6 PLEASANT STREET - SUITE 227, MALDEN, MA 02148

Signing Officer

Name
Yu Wang
Title
Treasurer and Clerk
Phone
6175800176
Signed
2025-02-20
Discuss with paid preparer
Yes

Preparer

Firm
Simon John Klein
Address
7A Acacia Street, Cambridge, MA 02138
Preparer
Simon Klein
Phone
6179992040
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

Description;Amount^PRIZES AND AWARDS;5750^Total;5750^

Form 990-EZ, Part I, Line 16

Description;Amount^PAYROLL TAXES;2755|PROGRAM SERVICE EXPENDITURES;1042|PROFESSIONAL DEVELOPMENT;550|TELECOMMUNICATIONS;529|FILING FEES;71^Total;4947^

Raw XML Appendix192 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06175800176
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06 PLEASANT STREET - SUITE 227
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MALDEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002148
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt030485
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt041057
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt043886
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt010572
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09488
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt030485
IRS990EZ/Form990TotalAssetsGrp/EOYAmt041057
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt056597
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt030485
IRS990EZ/NetAssetsOrFundBalancesEOYAmt041057
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt030485
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt041057
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt017060
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt114530
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JUNHYUNG YOON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YU WANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOEL ARANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KATHERINE MANNING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROBERT M MCTIGHE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CATHERINE POPPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER AND CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04947
IRS990EZ/OtherRevenueTotalAmt05750
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE TUTOR TRAINING AND CURRICULUM DEVELOPMENT PROGRAMS FOR COLLEGE STUDENTS AND YOUNG PROFESSIONALS, AS WELL AS TO TEACH THE ENGLISH LANGUAGE TO IMMIGRANTS AND REFUGEES IN COMMUNITIES.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt06961
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEVELOPMENT OF A WEB APP TO STREAMLINE MATCHING AND TRACK PROGRESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE ONLINE ENGLISH LANGUAGE TUTORING TO 107 ADULTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2DEVELOPMENT OF A CIVIC LEADERSHIP TRAINING MODULE TO ENHANCE CIVIC-RELATED TUTORING SESSIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt119000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt215000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01600
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt127700
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt27888
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt031590
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt046025
IRS990EZ/TotalProgramServiceExpensesAmt037188
IRS990EZ/TotalRevenueAmt056597
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.POTENCIAINC.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PRIZES AND AWARDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt043886
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt032480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09054
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01705
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt087125
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt08543
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05750
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt013250
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt052125
IRS990ScheduleA/SubstantialContributorsTotAmt035000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt043886
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt032480
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09054
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01705
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt087125
IRS990ScheduleA/TotalSupportAmt0100375
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/ExplanationTxt0Description;Amount^PRIZES AND AWARDS;5750^Total;5750^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^PAYROLL TAXES;2755|PROGRAM SERVICE EXPENDITURES;1042|PROFESSIONAL DEVELOPMENT;550|TELECOMMUNICATIONS;529|FILING FEES;71^Total;4947^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0YU WANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER AND CLERK
ReturnHeader/BusinessOfficerGrp/PhoneNum06175800176
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POTENCIA INC
ReturnHeader/Filer/BusinessNameControlTxt0POTE
ReturnHeader/Filer/EIN0862385013
ReturnHeader/Filer/PhoneNum06175800176
ReturnHeader/Filer/USAddress/AddressLine1Txt06 PLEASANT STREET - SUITE 227
ReturnHeader/Filer/USAddress/CityNm0MALDEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002148
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Simon John Klein
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07A Acacia Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cambridge
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002138
ReturnHeader/PreparerPersonGrp/PhoneNum06179992040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Simon Klein
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-02-26T13:32:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.