Civic Intelligence

Smilehub Inc.

990 • Fiscal year 2022 • EIN 86-3792949

Jan 01, 2022 to Dec 31, 2022 • Filed on May 09, 2023

335 S Biscayne Blvd 1009Miami, FL 33131

(202) 621-0140

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

13th percentile

0.03x

Higher debt load relative to revenue than 13% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

87th percentile

44%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

15th percentile

$18,319

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 36.6% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

49th percentile

0.2%

Faster asset growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$15,507,442

Up $23,442 (+0.2%) from 2021

Net Assets

Up

$15,506,171

Up $22,171 (+0.1%) from 2021

Liabilities

Up

$1,271

Up $1,271 from 2021

Revenue

Down

$50,000

Down $15,434,000 (-100%) from 2021

Expenses

Up

$27,829

Up $27,829 from 2021

Net Income

Down

$22,171

Down $15,461,829 (-100%) from 2021

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2021: $15,484,000Liabilities 2021: $0Net Assets 2021: $15,484,0002021Assets 2022: $15,507,442Liabilities 2022: $1,271Net Assets 2022: $15,506,1712022Assets 2023: $15,495,880Liabilities 2023: $0Net Assets 2023: $15,495,8802023Assets 2024: $15,503,884Liabilities 2024: $0Net Assets 2024: $15,503,8842024

Highlighted filing

2022

Assets$15,507,442
Liabilities$1,271
Net Assets$15,506,171

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2021: $15,484,000Expenses 2021: $0Net Income 2021: $15,484,0002021Revenue 2022: $50,000Expenses 2022: $27,829Net Income 2022: $22,1712022Revenue 2023: $128Expenses 2023: $10,419Net Income 2023: -$10,2912023Revenue 2024: $25,000Expenses 2024: $16,996Net Income 2024: $8,0042024

Highlighted filing

2022

Revenue$50,000
Expenses$27,829
Net Income$22,171
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$50,000
Mission and Program Overview

Mission

The Organizations mission is to facilitate charitable crowdfunding donations between interested donors and individuals in verified financial need and charitable organizations; to make it easy for donors to find and donate to the causes and charities that are most appealing to them; and to educate donors about how to decide on their personal donation strategy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$15,484,000$15,484,000→ $0
Cash and Non-Interest-Bearing Accounts-$23,442-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$15,484,000$15,507,442▲ $23,442
Other Assets Total-$0-
Liabilities
Other Liabilities-$1,271-
Total Liabilities$0$1,271▲ $1,271
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,484,000$15,506,171▲ $22,171
Total Net Assets Fund Balance$15,484,000$15,506,171▲ $22,171
Total Liabilities and Net Assets / Fund Balance$15,484,000$15,507,442▲ $23,442
Compensation and Service Providers

Employees

NameTitleBaseTotal
Luke PowersBusiness Mgr$18,319$18,319

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$50,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$50,000
Change in Net Assets
$22,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$19,720
Other Expenses$8,109
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$18,319-$18,319
Payroll Taxes-$1,401-$1,401
Office Expenses-$1,336-$1,336
Fees for Services Other-$1,147-$1,147
Travel-$887-$887
Insurance-$184-$184
Other Expenses-$40-$40
Total Functional Expenses$0$27,829$0$27,829
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$1,271
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Smilehub Inc
EIN
86-3792949
Address
335 S BISCAYNE BLVD 1009, MIAMI, FL 33131

Signing Officer

Name
Odysseas Papamiditriou
Title
President
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Odysseas Papamiditriou
Formed
2021
Legal Domicile
De
Voting Board Members
3
Independent Board Members
0
Employees
1

Preparer

Firm
CPA Financial Pc
Address
1628 Chickasaw Pl NE, Leesburg, VA 20176
Preparer
Bruce E Wolcott CPA
Phone
7036698445
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SMILEHUB INC
ReturnHeader/Filer/BusinessNameControlTxt0SMIL
ReturnHeader/Filer/EIN0863792949
ReturnHeader/Filer/USAddress/AddressLine1Txt0335 S BISCAYNE BLVD 1009
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033131
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454124397
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CPA FINANCIAL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01628 Chickasaw Pl NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Leesburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020176
ReturnHeader/PreparerPersonGrp/PhoneNum07036698445
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRUCE E WOLCOTT CPA
ReturnHeader/ReturnTs02023-05-09T11:19:31-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ODYSSEAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PAPAMIDITRIOU
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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