Civic Intelligence

The Indus Entrepreneurs Seattle

990EZ • Fiscal year 2019 • EIN 91-2135531

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 02, 2020

Organization ProfileSEATTLE.TIE.ORG
PO Box 821Redmond, WA 98073

(206) 355-2521

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.00x

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-5.9%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$27,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 20.3% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

24th percentile

-12%

Faster asset growth than 24% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

7.2%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$122,848

Down $16,297 (-12%) from 2018

Net Assets

$122,848

No earlier filing loaded for comparison.

Liabilities

Down

$0

Down $8,497 (-100%) from 2018

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin29th percentile

Revenue

Up

$133,185

Up $8,896 (+7.2%) from 2018

Expenses

Down

$140,985

Down $4,231 (-2.9%) from 2018

Net Income

Up

-$7,800

Up $13,127 (+63%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$200K$150K$100K$50K$0Assets 2011: $191,646Liabilities 2011: $02011Assets 2012: $171,401Liabilities 2012: $02012Assets 2013: $181,321Liabilities 2013: $02013Assets 2014: $167,912Liabilities 2014: $02014Assets 2015: $148,594Liabilities 2015: $02015Assets 2016: $135,106Liabilities 2016: $02016Assets 2017: $151,575Liabilities 2017: $02017Assets 2018: $139,145Liabilities 2018: $8,4972018Assets 2019: $122,848Liabilities 2019: $0Net Assets 2019: $122,8482019Assets 2020: $154,963Liabilities 2020: $0Net Assets 2020: $154,9632020Assets 2021: $195,825Liabilities 2021: $832Net Assets 2021: $194,9932021Assets 2022: $189,932Liabilities 2022: $4,781Net Assets 2022: $185,1512022Assets 2023: $169,196Liabilities 2023: $7,273Net Assets 2023: $161,9232023Assets 2024: $157,392Liabilities 2024: $8,089Net Assets 2024: $149,3032024

Highlighted filing

2019

Assets$122,848
Liabilities$0
Net Assets$122,848
Open 2019 Filing

Operations Trend

Revenue Growth63rd percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $77,328Expenses 2011: $107,287Net Income 2011: -$29,9592011Revenue 2012: $96,727Expenses 2012: $116,972Net Income 2012: -$20,2452012Revenue 2013: $111,831Expenses 2013: $101,911Net Income 2013: $9,9202013Revenue 2014: $98,414Expenses 2014: $111,823Net Income 2014: -$13,4092014Revenue 2015: $83,983Expenses 2015: $103,301Net Income 2015: -$19,3182015Revenue 2016: $77,520Expenses 2016: $91,008Net Income 2016: -$13,4882016Revenue 2017: $122,793Expenses 2017: $106,324Net Income 2017: $16,4692017Revenue 2018: $124,289Expenses 2018: $145,216Net Income 2018: -$20,9272018Revenue 2019: $133,185Expenses 2019: $140,985Net Income 2019: -$7,8002019Revenue 2020: $107,846Expenses 2020: $75,731Net Income 2020: $32,1152020Revenue 2021: $111,350Expenses 2021: $71,320Net Income 2021: $40,0302021Revenue 2022: $83,454Expenses 2022: $93,296Net Income 2022: -$9,8422022Revenue 2023: $124,909Expenses 2023: $148,137Net Income 2023: -$23,2282023Revenue 2024: $197,701Expenses 2024: $210,321Net Income 2024: -$12,6202024

Highlighted filing

2019

Revenue$133,185
Expenses$140,985
Net Income-$7,800
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 2, 2020
Return Version
2019v5.0
Gross Receipts
$133,185
Mission and Program Overview

Mission

The objective of the entrepreneurs, seattle (tie - seattle) is the promotion of business interest of members of the indus community. The activities of tie-seattle consist of monthly mmeting among members, meeting with speakers, and educational forums and conferences. Meetings and conferences carry a nonimal charge to cover the expenses.

Program Services

DescriptionGrantsExpenses
TiE is a non-profit, global community welcoming entrepreneurs from all over the world. We believe in the power of ideas to change the face of entrepreneurship and growing business through our five pillars; mentoring, networking, education, incubating and funding. TiE was founded in 1992 by a group of successful entrepreneurs and is currently the world's largest entrepreneurial organization out there. With programs like TiE Young Entrepreneurs (TYE) and Mentor Match, TiE is reaching out and fostering the next generation of entrepreneurs.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MINEE VERMAExecuitve DirectorPT$27,000-$27,000
MANPREET KAURMarketing AssistantPT$16,500-$16,500
DEEPA MAJUMDARExecuitve DirectorPT$7,000-$7,000
YOBI GUMAExecutive AssitantPT$4,000-$4,000
Filing and Contact Details

Filer

Filer Name
The Indus Entrepreneurs Seattle
EIN
91-2135531
Phone
2063552521
Address
PO BOX 821, REDMOND, WA 98073

Signing Officer

Name
Minee Verma
Title
Executive Director
Phone
2063552521
Signed
2020-03-02

Preparer

Firm
Nigam Shah CPA
Address
2062 ILWACO AVE NE, RENTON, WA 98059
Phone
4258915145
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

“Description: INTEREST. Amount: 1109.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: BANK & CREDIT CARD CHARGES. Amount: 3339. Description: CHAPTER DUES. Amount: 6162. Description: INSURANCE. Amount: 500. Description: COMPUTER EXPENSES. Amount: 1628. Description: CONFERENCES,CONVENTIONS, MEETING & PROGRAM EXPENSES. Amount: 35672. Description: MEALS & ENTERTAINMENT. Amount: 16673. Description: LICENSES & TAXES. Amount: 20. Description: ADVERTISING. Amount: 2121. Description: GRANT WRITING. Amount: 5400. Description: PARKING. Amount: 64. Description: FINANCE CHARGES. Amount: 92. Description: WEBSITE EXPENSES. Amount: 6690. Total to Form 990-EZ, line 16: 78361.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: CREDIT CARDS. Beg. of Year Amount: 8497. End of Year Amount: 0.”

Raw XML Appendix131 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NIGAM SHAH CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum04258915145
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02062 ILWACO AVE NE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RENTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098059
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0139145
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0122848
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt020680
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-7800
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04375
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0139145
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0122848
IRS990EZ/GrossReceiptsAmt0133185
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt069800
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0130648
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0122848
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0130648
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0122848
IRS990EZ/OccupancyRentUtltsAndMaintAmt02635
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt320.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt027000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt17000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt24000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt316500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MINEE VERMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DEEPA MAJUMDAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2YOBI GUMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MANPREET KAUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUITVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUITVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2EXECUTIVE ASSITANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MARKETING ASSISTANT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt078361
IRS990EZ/OtherRevenueTotalAmt01109
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE OBJECTIVE OF THE ENTREPRENEURS, SEATTLE (TIE - SEATTLE) IS THE PROMOTION OF BUSINESS INTEREST OF MEMBERS OF THE INDUS COMMUNITY. THE ACTIVITIES OF TIE-SEATTLE CONSIST OF MONTHLY MMETING AMONG MEMBERS, MEETING WITH SPEAKERS, AND EDUCATIONAL FORUMS AND CONFERENCES. MEETINGS AND CONFERENCES CARRY A NONIMAL CHARGE TO COVER THE EXPENSES.
IRS990EZ/PrintingPublicationsPostageAmt01114
IRS990EZ/ProgramServiceRevenueAmt041596
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TiE is a non-profit, global community welcoming entrepreneurs from all over the world. We believe in the power of ideas to change the face of entrepreneurship and growing business through our five pillars; mentoring, networking, education, incubating and funding. TiE was founded in 1992 by a group of successful entrepreneurs and is currently the world's largest entrepreneurial organization out there. With programs like TiE Young Entrepreneurs (TYE) and Mentor Match, TiE is reaching out and fostering the next generation of entrepreneurs.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt054500
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt08497
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0140985
IRS990EZ/TotalRevenueAmt0133185
IRS990EZ/TypeOfOrganizationOtherDesc0NON-PROFIT ORGANIZATION
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://SEATTLE.TIE.ORG
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: INTEREST. Amount: 1109.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: BANK & CREDIT CARD CHARGES. Amount: 3339. Description: CHAPTER DUES. Amount: 6162. Description: INSURANCE. Amount: 500. Description: COMPUTER EXPENSES. Amount: 1628. Description: CONFERENCES,CONVENTIONS, MEETING & PROGRAM EXPENSES. Amount: 35672. Description: MEALS & ENTERTAINMENT. Amount: 16673. Description: LICENSES & TAXES. Amount: 20. Description: ADVERTISING. Amount: 2121. Description: GRANT WRITING. Amount: 5400. Description: PARKING. Amount: 64. Description: FINANCE CHARGES. Amount: 92. Description: WEBSITE EXPENSES. Amount: 6690. Total to Form 990-EZ, line 16: 78361.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: CREDIT CARDS. Beg. of Year Amount: 8497. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MINEE VERMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02063552521
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE INDUS ENTREPRENEURS SEATTLE
ReturnHeader/Filer/BusinessNameControlTxt0INDU
ReturnHeader/Filer/EIN0912135531
ReturnHeader/Filer/PhoneNum02063552521
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 821
ReturnHeader/Filer/USAddress/CityNm0REDMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098073
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DC8D1ED96E349811D053372B7C4F32917C9B6D6D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DC8D1ED96E349811D053372B7C4F32917C9B6D6D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.20.19.230
ReturnHeader/FilingSecurityInformation/IPDt02020-03-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm011:18:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201767319
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NIGAM SHAH CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02062 ILWACO AVE NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RENTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098059
ReturnHeader/PreparerPersonGrp/PhoneNum04258915145
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-03-02T13:18:59-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$122,848
Liabilities
$0
Net assets
$122,848
Revenue
$133,185
Expenses
$140,985
Net income
-$7,800
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.57$0.08$1.49$1.98$2.10$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.69$0.07$1.62$1.25$1.48$0.23
2022Detailed filing. Detailed filing data is available for this year.$1.90$0.05$1.85$0.83$0.93$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.96$0.01$1.95$1.11$0.71$0.40
2020Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$1.08$0.76$0.32
2019Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$1.33$1.41$0.08
2018Summary only. Only limited summary data is available for this year.$1.39$0.08$1.24$1.45$0.21
2017Summary only. Only limited summary data is available for this year.$1.52$0.00$1.23$1.06$0.16
2016Summary only. Only limited summary data is available for this year.$1.35$0.00$0.78$0.91$0.13
2015Summary only. Only limited summary data is available for this year.$1.49$0.00$0.84$1.03$0.19
2014Summary only. Only limited summary data is available for this year.$1.68$0.00$0.98$1.12$0.13
2013Summary only. Only limited summary data is available for this year.$1.81$0.00$1.12$1.02$0.10
2012Summary only. Only limited summary data is available for this year.$1.71$0.00$0.97$1.17$0.20
2011Summary only. Only limited summary data is available for this year.$1.92$0.00$0.77$1.07$0.30