Civic Intelligence

Compound Impact Inc.

990 • Fiscal year 2024 • EIN 87-3580668

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 14, 2025

1800 Jfk Blvd Suite 300 Pmb 92894Philadelphia, PA 19103

(215) 821-9814

Siviq Scores

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

Liabilities / Assets

88th percentile

0.65x

Higher debt load relative to assets than 88% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

2.75x

Higher debt load relative to revenue than 94% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

94th percentile

92%

Faster asset growth than 94% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

77%

Faster revenue growth than 88% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,377,630

Up $660,597 (+92%) from 2023

Net Assets

Up

$481,583

Up $217,731 (+83%) from 2023

Liabilities

Up

$896,047

Up $442,866 (+98%) from 2023

Revenue

Up

$325,268

Up $141,649 (+77%) from 2023

Expenses

Up

$107,537

Up $25,569 (+31%) from 2023

Net Income

Up

$217,731

Up $116,080 (+114%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $561,083Liabilities 2022: $398,882Net Assets 2022: $162,2012022Assets 2023: $717,033Liabilities 2023: $453,181Net Assets 2023: $263,8522023Assets 2024: $1,377,630Liabilities 2024: $896,047Net Assets 2024: $481,5832024

Highlighted filing

2024

Assets$1,377,630
Liabilities$896,047
Net Assets$481,583

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $165,893Expenses 2022: $3,692Net Income 2022: $162,2012022Revenue 2023: $183,619Expenses 2023: $81,968Net Income 2023: $101,6512023Revenue 2024: $325,268Expenses 2024: $107,537Net Income 2024: $217,7312024

Highlighted filing

2024

Revenue$325,268
Expenses$107,537
Net Income$217,731
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 14, 2025
Return Version
2024v5.1
Gross Receipts
$325,268
Mission and Program Overview

Mission

The mission of compound impact, inc. Is to share the message of the gospel of jesus christ through improving access to safe and sustainable housing to those with poor access, most notably the incoming refugee population. These families do not meet the qualifications of most landlords and face significant barriers to finding housing. Our homes help alleviate this need in philadelphia and surrounding areas.

The mission of compound impact, inc. Is to share the message of the gospel of jesus christ through improving access to safe and sustainable housing to those with poor access.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$651,611$1,272,893▲ $621,282
Loans From Officers Directors$145,000$146,000▲ $1,000
Cash and Non-Interest-Bearing Accounts$63,281$85,033▲ $21,752
Savings and Temporary Cash Investments$1--
Total Assets$717,033$1,377,630▲ $660,597
Other Assets Total$2,140$19,704▲ $17,564
Liabilities
Mortgage Notes Payable Secured by Investment Property$306,558$599,851▲ $293,293
Unsecured Notes Loans Payable-$150,000-
Accounts Payable and Accrued Expenses$1,623$196▼ $1,427
Total Liabilities$453,181$896,047▲ $442,866
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$263,852$481,583▲ $217,731
Total Net Assets Fund Balance$263,852$481,583▲ $217,731
Total Liabilities and Net Assets / Fund Balance$717,033$1,377,630▲ $660,597

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,272,893$36,210$1,309,103
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kealan HobelmannChairman of the Board
Cody HobelmannPresident
Glenn McdowellDirector
Adam LuginbuhlSecretary and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$244,911
Program Service Revenue
$80,357
Investment Income
$0
Other Revenue
$0
All Other Contributions
$244,911
Change in Net Assets
$217,731
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,709
Grants and Similar Amounts Paid$2,828
Total Fundraising Expense$42
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$31,779--$31,779
Depreciation Depletion$22,673--$22,673
Fees for Services Other$10,122--$10,122
Insurance$9,061--$9,061
Fees for Services Accounting-$4,480-$4,480
Grants to Domestic Orgs$2,828--$2,828
Information Technology-$854-$854
Fees for Services Management$209--$209
Office Expenses-$166$42$208
Other Expenses$200--$200
Fees for Services Legal-$125-$125
Total Functional Expenses$101,870$5,625$42$107,537
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
Loans from Officers, Directors, Trustees, and Key Employees$145,000$146,000▲ $1,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Cody hobelmann, president, and kealan hobelmann, chairman of the board, are brothers.

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

A copy of the form 990 is provided to the board of directors for review and approval. After a period of time, the 990 is approved by the board and is filed with the irs.

Form 990, Part VI, Section B, Line 12C

The board of directors are required to disclose any fiancial conflicts of interest to the remaining board of directors. After the conflict of interest is brought to the board the remaining board of directors will discuss and vote on it. They will also determine if a conflict of interest exists. If a conflict of interest exists, the chairperson of the board will appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement that would not give rise to a conflict of interest. If there is no alternative, the disinterested directors will determine by majority vote on whether the transaction or arrangement is in the best interest of the corporation. The board of directors are required to annually disclose any interests that would give rise to conflict as they arise.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Compound Impact Inc
EIN
87-3580668
Phone
2158219814
Address
1800 JFK BLVD SUITE 300 PMB 92894, PHILADELPHIA, PA 19103

Signing Officer

Name
Cody Hobelmann
Title
President
Phone
2158219814
Signed
2025-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cody Hobelmann
Formed
2021
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
11

Preparer

Firm
Dunlapslk Pc
Address
1300 HORIZON DRIVE SUITE 106, CHALFONT, PA 18914
Preparer
Robert J Fairbaugh
Phone
2675943755
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line2c

There was no change in the compilation oversight process from the prior year.

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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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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MELINDA WILLER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0MOTHER OF PRESIDENT AND CHAIRMAN OF THE BOARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt0146000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CODY HOBELMANN, PRESIDENT, AND KEALAN HOBELMANN, CHAIRMAN OF THE BOARD, ARE BROTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. AFTER A PERIOD OF TIME, THE 990 IS APPROVED BY THE BOARD AND IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANY FIANCIAL CONFLICTS OF INTEREST TO THE REMAINING BOARD OF DIRECTORS. AFTER THE CONFLICT OF INTEREST IS BROUGHT TO THE BOARD THE REMAINING BOARD OF DIRECTORS WILL DISCUSS AND VOTE ON IT. THEY WILL ALSO DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST EXISTS, THE CHAIRPERSON OF THE BOARD WILL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF THERE IS NO ALTERNATIVE, THE DISINTERESTED DIRECTORS WILL DETERMINE BY MAJORITY VOTE ON WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST OF THE CORPORATION. THE BOARD OF DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE ANY INTERESTS THAT WOULD GIVE RISE TO CONFLICT AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE WAS NO CHANGE IN THE COMPILATION OVERSIGHT PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE2C
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0COMPOUND IMPACT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1COMPOUND IMPACT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2COMPOUND IMPACT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt3COMPOUND IMPACT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0COMPOUND IMPACT ALPHA LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1COMPOUND IMPACT BETA LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2COMPOUND IMPACT GAMMA LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3COMPOUND IMPACT DELTA LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0872912526
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1873981005
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2870920814
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN3992844350
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0459309
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt1198385
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt2239907
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt3453538
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING FOR REFUGEES
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING FOR REFUGEES
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2AFFORDABLE HOUSING FOR REFUGEES
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt3AFFORDABLE HOUSING FOR REFUGEES
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt031643
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt119360
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt218760
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt310594
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01800 JFK BLVD SUITE 300 PMB 92894
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt11800 JFK BLVD SUITE 300 PMB 92894
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt21801 JFK BLVD SUITE 300 PMB 92894
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt31802 JFK BLVD SUITE 300 PMB 92894
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1PHILADELPHIA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2PHILADELPHIA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm3PHILADELPHIA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd2PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd3PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd019103
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd119103
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd219103
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd319103
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0THE NUMBER OF 1099S FILED IN THE CURRENT YEAR LISTED ON FORM 990, PART V, LINE 1A ARE THE TOTAL NUMBER OF 1099S FILED BY ALL OF THE DISREGARDED ENTITIES THAT ARE DIRECTLY CONTROLLED BY COMPOUND IMPACT, INC.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 1A
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0717033
IRS990/TotalAssetsEOYAmt01377630
IRS990/TotalAssetsGrp/BOYAmt0717033
IRS990/TotalAssetsGrp/EOYAmt01377630
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0244911
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt042
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05625
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101870
IRS990/TotalFunctionalExpensesGrp/TotalAmt0107537
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0453181
IRS990/TotalLiabilitiesEOYAmt0896047
IRS990/TotalLiabilitiesGrp/BOYAmt0453181
IRS990/TotalLiabilitiesGrp/EOYAmt0896047
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0263852
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0481583
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0101870
IRS990/TotalProgramServiceRevenueAmt080357
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt080357
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0325268
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0717033
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01377630
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0150000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01800 JFK BLVD SUITE 300 PMB 92894
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019103
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0HTTPS://WWW.COMPOUNDIMPACT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CODY HOBELMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02158219814
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMPOUND IMPACT INC
ReturnHeader/Filer/BusinessNameControlTxt0COMP
ReturnHeader/Filer/EIN0873580668
ReturnHeader/Filer/PhoneNum02158219814
ReturnHeader/Filer/USAddress/AddressLine1Txt01800 JFK BLVD SUITE 300 PMB 92894
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019103
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0233018514
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DUNLAPSLK PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01300 HORIZON DRIVE SUITE 106

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