Civic Intelligence

Innovative Learning Institutes Inc.

990EZ • Fiscal year 2023 • EIN 92-2862271

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 02, 2024

Refreshing map…

19 Stone StBeverly, MA 01915

(978) 223-3176

Siviq Scores

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

Liabilities / Assets

87th percentile

0.34x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

90th percentile

0.34x

Higher debt load relative to revenue than 90% of similar nonprofits.

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

Net Margin

94th percentile

66%

Higher net margin than 94% 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$134,672

No earlier filing loaded for comparison.

Net Assets

$89,496

No earlier filing loaded for comparison.

Liabilities

$45,176

No earlier filing loaded for comparison.

Revenue

$134,672

No earlier filing loaded for comparison.

Expenses

$45,176

No earlier filing loaded for comparison.

Net Income

$89,496

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2023: $134,672Liabilities 2023: $45,176Net Assets 2023: $89,4962023Assets 2024: $98,411Liabilities 2024: $0Net Assets 2024: $98,4112024

Highlighted filing

2023

Assets$134,672
Liabilities$45,176
Net Assets$89,496

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2023: $134,672Expenses 2023: $45,176Net Income 2023: $89,4962023Revenue 2024: $399,358Expenses 2024: $390,429Net Income 2024: $8,9292024

Highlighted filing

2023

Revenue$134,672
Expenses$45,176
Net Income$89,496
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 2, 2024
Return Version
2023v5.0
Gross Receipts
$134,672
Mission and Program Overview

Mission

To create and incubate innovative teams and solutions around the world in education, social entrepreneurship, civic engagement, health, finance, peace, technology, and governance.

Program Services

DescriptionGrantsExpenses
WE HAD THREE FISCAL SPONSORED PROJECTS FOR 2023 AND WE ARE FILING FOR THAT. WE ALSO HAD SOME DONATIONS MADE TO THE ORGANIZATION AND A FEW REIMBURSEMENTS TO MAKE FOR THE PROJECTS.-$33,163
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER PINSTO LAUENSTEINPresident-$0--
CHRISTINE STODOLSKITreasurer-$0--
KITSHO WANGCHUKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Innovative Learning Institutes Inc
EIN
92-2862271
Phone
9782233176
Address
19 STONE ST, BEVERLY, MA 01915

Signing Officer

Name
Kitsho Wangchuk
Title
Director
Phone
9782233176
Signed
2024-10-02

Preparer

Firm
Brytebridge Consulting LLC
Address
7021 UNIVERSITY BLVD, WINTER PARK, FL 32792-6719
Preparer
EVAN O'DELL
Phone
4077583362
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses information technology 1,373 independent contractors 31,790 reimbursement 11,500 total 44,663

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 45,176

Form 990-ez, Part III

To create and incubate innovative teams and solutions around the world in education, social entrepreneurship, civic engagement, health, finance, peace, technology, and governance.

Raw XML Appendix118 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/BooksInCareOfDetail/PhoneNum09782233176
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BEVERLY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001915
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0134672
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IRS990EZ/PrintingPublicationsPostageAmt0369
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IRS990ScheduleA/PublicOrganization170Ind0X
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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/ExplanationTxt0EXPENSES INFORMATION TECHNOLOGY 1,373 INDEPENDENT CONTRACTORS 31,790 REIMBURSEMENT 11,500 TOTAL 44,663
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 45,176
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO CREATE AND INCUBATE INNOVATIVE TEAMS AND SOLUTIONS AROUND THE WORLD IN EDUCATION, SOCIAL ENTREPRENEURSHIP, CIVIC ENGAGEMENT, HEALTH, FINANCE, PEACE, TECHNOLOGY, AND GOVERNANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09782233176
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-02
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ReturnHeader/Filer/EIN0922862271
ReturnHeader/Filer/PhoneNum09782233176
ReturnHeader/Filer/USAddress/AddressLine1Txt019 STONE ST
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0327926719
ReturnHeader/PreparerPersonGrp/PhoneNum04077583362
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EVAN O'DELL
ReturnHeader/ReturnTs02024-10-07T10:22:12-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings