Civic Intelligence

Microverse Inc

EIN 88-0533161 • 501(c)3 • Brooklyn, NY

990-N Coverage

Profile

MICROverses mission is to provide equal access to fundamental knowledge through the distribution of free educational exhibits MICROverses exhibits and activities connect communities everywhere in new conversations about the world we all share We bring education access into spaces where people already are - including hospital waiting rooms community centers and transit hubs Our programming is designed to engage children teens and their families in some of the countries most underserved neighborhoods connecting visitors of all ages and backgrounds

111 N 8TH STApt 1Brooklyn, NY 11249

micro.ooo

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

1st percentile

-24811%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$40,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 3748.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

4th percentile

-100%

Faster revenue growth than 4% of similar nonprofits.

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

Assets

Down

$0

Down $265,545 (-100%) from 2022

Liabilities

Down

$0

Down $814 (-100%) from 2022

Net Assets

Down

$0

Down $264,731 (-100%) from 2022

Revenue

Down

$1,067

Down $455,352 (-100%) from 2022

Expenses

Up

$265,798

Up $74,110 (+39%) from 2022

Net Income

Down

-$264,731

Down $529,462 (-200%) from 2022

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2022: $265,545Liabilities 2022: $814Net Assets 2022: $264,7312022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2022: $456,419Expenses 2022: $191,688Net Income 2022: $264,7312022Revenue 2023: $1,067Expenses 2023: $265,798Net Income 2023: -$264,7312023

Highlighted filing

2023

Revenue$1,067
Expenses$265,798
Net Income-$264,731

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 7, 2025
Return Version
2023v6.0
Gross Receipts
$1,067
Mission and Program Overview

Mission

MICROverses mission is to provide equal access to fundamental knowledge through the distribution of free educational exhibits MICROverses exhibits and activities connect communities everywhere in new conversations about the world we all share We bring education access into spaces where people already are - including hospital waiting rooms community centers and transit hubs Our programming is designed to engage children teens and their families in some of the countries most underserved neighborhoods connecting visitors of all ages and backgrounds

Program Services

DescriptionGrantsExpenses
MICROverse helped to design and curate several small educational kiosks for the Asia Society in Houston documenting the culture of 5 Asian diasporas These kiosks are on display in the atrium of the Asia Societies museum and educate the general public on these countries heritage and customs creating understanding and empathy which aligns with MICROverses mission of increasing access to educational information$51,861$51,861
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah MullensExecutive DirectorFT$40,000-$40,000
Charles PhilippHead Of Partnerships Board MemberFT$35-$35
Chris BarrBoard Member-$0--
Marlon WilliamsBoard Member-$0--
Logan McClure DavdaBoard Member-$0--
Natalia VillalobosBoard Member-$0--
Adam KrellensteinBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Microverse Inc
EIN
88-0533161
Phone
0000000000
Address
111 N 8TH STApt 1, BROOKLYN, NY 11249

Signing Officer

Name
Charles Philipp
Title
0
Phone
0000000000
Signed
2025-04-07
Supplemental Narrative

Additional Explanations

Schedule O:

[Apologies for the formatting, the service Im using is buggy] Form 990-EZ, Part III - Statement of Program Service Accomplishments: In 2023, the organization completed its final programmatic work by creating a small-scale museum-style exhibit in partnership with the Asia Society. The project aligned with the organizations mission to promote cultural storytelling and community engagement. All remaining assets were spent in support of this program and related administrative expenses. --------------------- Form 990-EZ, Part IV - Officers, Directors, Trustees, and Key Employees: Charles Philipp, who served as both Head of Partnerships and a board member, worked approximately 40 hours per week as an employee and received $35,000 in compensation for their staff role in 2023. Compensation was approved by the board of directors and a clear conflict of interest policy was in place. ------------------ Form 990-EZ, Part V, Line 36 - Liquidation, Dissolution, Termination: The organization ceased operations in 2023. All assets were expended in accordance with its mission. A resolution to dissolve was passed by the board, and the organization is in the process of filing dissolution documents with the New York Department of State and the New York Attorney Generals Charities Bureau. This return is intended to serve as the organizations final Form 990-EZ. ----------------- Late Filing Penalty Abatement Request This return is filed late due to the organizations closure and lack of active administrative oversight following the completion of its final programmatic activities. Microverse Inc respectfully requests abatement of any late filing penalties, as the organization had no gross receipts in 2023 and has fully ceased operations without remaining assets.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0[Apologies for the formatting, the service Im using is buggy] Form 990-EZ, Part III - Statement of Program Service Accomplishments: In 2023, the organization completed its final programmatic work by creating a small-scale museum-style exhibit in partnership with the Asia Society. The project aligned with the organizations mission to promote cultural storytelling and community engagement. All remaining assets were spent in support of this program and related administrative expenses. --------------------- Form 990-EZ, Part IV - Officers, Directors, Trustees, and Key Employees: Charles Philipp, who served as both Head of Partnerships and a board member, worked approximately 40 hours per week as an employee and received $35,000 in compensation for their staff role in 2023. Compensation was approved by the board of directors and a clear conflict of interest policy was in place. ------------------ Form 990-EZ, Part V, Line 36 - Liquidation, Dissolution, Termination: The organization ceased operations in 2023. All assets were expended in accordance with its mission. A resolution to dissolve was passed by the board, and the organization is in the process of filing dissolution documents with the New York Department of State and the New York Attorney Generals Charities Bureau. This return is intended to serve as the organizations final Form 990-EZ. ----------------- Late Filing Penalty Abatement Request This return is filed late due to the organizations closure and lack of active administrative oversight following the completion of its final programmatic activities. Microverse Inc respectfully requests abatement of any late filing penalties, as the organization had no gross receipts in 2023 and has fully ceased operations without remaining assets.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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