Civic Intelligence

188 Foundation

990EZ • Fiscal year 2023 • EIN 87-2767781

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 30, 2024

6947 Coal Creek Pkwy SE PMB 389Newcastle, WA 98059

(512) 695-3628

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

1st percentile

-4506%

Higher net margin than 1% 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

4th percentile

-84%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

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

Assets

Down

$15,823

Down $84,415 (-84%) from 2022

Net Assets

Down

$15,823

Down $84,415 (-84%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$1,904

Down $506,376 (-100%) from 2022

Expenses

Down

$87,702

Down $365,340 (-81%) from 2022

Net Income

Down

-$85,798

Down $141,036 (-255%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2022: $100,238Liabilities 2022: $0Net Assets 2022: $100,2382022Assets 2023: $15,823Liabilities 2023: $0Net Assets 2023: $15,8232023Assets 2024: $15,384Liabilities 2024: $0Net Assets 2024: $15,3842024

Highlighted filing

2023

Assets$15,823
Liabilities$0
Net Assets$15,823

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2022: $508,280Expenses 2022: $453,042Net Income 2022: $55,2382022Revenue 2023: $1,904Expenses 2023: $87,702Net Income 2023: -$85,7982023Revenue 2024: $329,445Expenses 2024: $329,884Net Income 2024: -$4392024

Highlighted filing

2023

Revenue$1,904
Expenses$87,702
Net Income-$85,798
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 30, 2024
Return Version
2023v5.0
Gross Receipts
$1,904
Mission and Program Overview

Mission

The 188 Foundation is a direct philanthropy alliance formed by our generous donors, Concentrics elite network an innate capability, and our carefully curated partners. The Foundation sits within a unique trifurcation of capability, access, and need. Due to our unique position, we believe its our moral responsibility and honor to assist those who need it most. Rescuing just one person creates perpetual ripples, affecting many. We inherently know that effort will always be worth it. When our donors commit to supporting 188, their donation is directly tied to a mission. Within days, we can provide faces of those rescued by our donors funds. We use less than 1% of our donations on overhead. When donations exceed rescue operations, we identify pivotal partners and enable their operations through financial support. We understand our capability is a very specific and unique part of humanitarian relief and are careful to consider, support, and respect what comes before and after our efforts.

The 188 Foundation is a direct philanthropy alliance formed by our generous donors, Concentrics elite network an innate capability, and our carefully curated partners. The Foundation sits within a unique trifurcation of capability, access, and need. Due to our unique position, we believe its our moral responsibility and honor to assist those who need it most. Rescuing just one person creates perpetual ripples, affecting many. We inherently know that effort will always be worth it. When our donors commit to supporting 188, their donation is directly tied to a mission. Within days, we can provide faces of those rescued by our donors funds. We use less than 1 of our donations on overhead. When donations exceed rescue operations, we identify pivotal partners and enable their operations through financial support. We understand our capability is a very specific and unique part of humanitarian relief and are careful to consider, support, and respect what comes before and after our efforts.

Program Services

DescriptionGrantsExpenses
When Russia invaded Ukraine in February of 2022, our first rescue operation was within days of the initial invasion and, to date operations are continuing, we have conducted 37 unique rescue operations from throughout Ukraine to neighboring countries resulting in the evacuation of 66 people, 5 dogs, 2 cats and various logistical deliveries such as medicinal supplies, SAT phones, pallets of food, and solar panels. In addition, we have supported 6 Ukrainian organizations such as a Womens shelter in Lviv, a food bank in Kyiv, an education program for displaced children in Prague, and a support center to assist unemployed citizens due to displacements.$1,100$82,502
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura HoffnerTrusteePT$0--
Jeff BakerTrustee-$0--
Roderick JonesTrustee-$0--
Filing and Contact Details

Filer

Filer Name
188 Foundation
EIN
87-2767781
Phone
5126953628
Address
6947 Coal Creek Pkwy SE PMB 389, Newcastle, WA 98059

Signing Officer

Name
Laura Hoffner
Title
Trustee
Signed
2024-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Bookkeeper360
Address
223 Wall Street Unit 180, Huntington, NY 11743
Preparer
Ryan Anvari CPA
Phone
5164789303
Supplemental Narrative

Additional Explanations

Other Expenses.1

Extraction Expenses $82502

Other Expenses.2

Bank Charges $30

Raw XML Appendix138 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/PrimaryExemptPurposeTxt0The 188 Foundation is a direct philanthropy alliance formed by our generous donors, Concentrics elite network an innate capability, and our carefully curated partners. The Foundation sits within a unique trifurcation of capability, access, and need. Due to our unique position, we believe its our moral responsibility and honor to assist those who need it most. Rescuing just one person creates perpetual ripples, affecting many. We inherently know that effort will always be worth it. When our donors commit to supporting 188, their donation is directly tied to a mission. Within days, we can provide faces of those rescued by our donors funds. We use less than 1 of our donations on overhead. When donations exceed rescue operations, we identify pivotal partners and enable their operations through financial support. We understand our capability is a very specific and unique part of humanitarian relief and are careful to consider, support, and respect what comes before and after our efforts.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0When Russia invaded Ukraine in February of 2022, our first rescue operation was within days of the initial invasion and, to date operations are continuing, we have conducted 37 unique rescue operations from throughout Ukraine to neighboring countries resulting in the evacuation of 66 people, 5 dogs, 2 cats and various logistical deliveries such as medicinal supplies, SAT phones, pallets of food, and solar panels. In addition, we have supported 6 Ukrainian organizations such as a Womens shelter in Lviv, a food bank in Kyiv, an education program for displaced children in Prague, and a support center to assist unemployed citizens due to displacements.
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ReturnHeader/TaxPeriodBeginDt02023-01-01
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Filings