Civic Intelligence

Ontic Initiative Ltd

990EZ • Fiscal year 2023 • EIN 93-2286403

Jul 07, 2023 to Dec 31, 2023 • Filed on Aug 02, 2024

Organization ProfileN/A
533 Palmer AvenueFalmouth, MA 02540

(508) 548-0048

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

71st percentile

18%

Higher net margin than 71% 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

Balance Sheet
Liabilities / Assets58th percentile

Assets

$10,000

No earlier filing loaded for comparison.

Net Assets

$10,000

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin71st percentile

Revenue

$56,968

No earlier filing loaded for comparison.

Expenses

$46,968

No earlier filing loaded for comparison.

Net Income

$10,000

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0Assets 2023: $10,000Liabilities 2023: $0Net Assets 2023: $10,0002023Assets 2024: $27,740Liabilities 2024: $0Net Assets 2024: $27,7402024

Highlighted filing

2023

Assets$10,000
Liabilities$0
Net Assets$10,000
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0Revenue 2023: $56,968Expenses 2023: $46,968Net Income 2023: $10,0002023Revenue 2024: $35,000Expenses 2024: $17,260Net Income 2024: $17,7402024

Highlighted filing

2023

Revenue$56,968
Expenses$46,968
Net Income$10,000
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 7, 2023 to Dec 31, 2023
Signed
Aug 2, 2024
Return Version
2023v5.1
Gross Receipts
$56,968
Mission and Program Overview

Mission

Advancing home design to better foster wellness by considering natural, behavioral, and physical sciences, conducting quantitative research into the impact of home environments, developing a new standard of homes that promote well-being of inhabitants by considering the six pillars of wellness: quality sleep, connection to nature, daily movement, fuel (nourishment and hydration), relationships and community, and meaning, and funding fellowships to support these endeavors.

Advancing home design to better foster wellnes by considering natural, behavioral, and physical sciences, conducting quantitative research into the impact of home environments, developing a new standard of homes that promote well-being of inhabitants by considering the six pillars of wellness: quality sleep, connection to nature, daily movement, fuel (nourishment and hydration), relationships and community, and meaning, and funding fellowships to support these endeavors.

Program Services

DescriptionGrantsExpenses
ADVANCING HOME DESIGN TO BETTER FOSTER WELLNES BY CONSIDERING NATURAL, BEHAVIORAL, AND PHYSICAL SCIENCES, CONDUCTING QUANTITATIVE RESEARCH INTO THE IMPACT OF HOME ENVIRONMENTS, DEVELOPING A NEW STANDARD OF HOMES THAT PROMOTE WELL-BEING OF INHABITANTS BY CONSIDERING THE SIX PILLARS OF WELLNESS: QUALITY SLEEP, CONNECTION TO NATURE, DAILY MOVEMENT, FUEL (NOURISHMENT AND HYDRATION), RELATIONSHIPS AND COMMUNITY, AND MEANING, AND FUNDING FELLOWSHIPS TO SUPPORT THESE ENDEAVORS.$0$4,104
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY SWENSSONClerk/Executive Director-$0--
MARK HUTKERPresident-$0--
THOMAS MCNEILLTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Ontic Initiative Ltd
EIN
93-2286403
Phone
5085480048
Address
533 PALMER AVENUE, FALMOUTH, MA 02540

Signing Officer

Name
Mark Hutker
Title
President
Phone
5085480048
Signed
2024-08-02
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
150 PRESIDENTIAL WAY SUITE 510, WOBURN, MA 01801
Preparer
Garrett M Higgins
Phone
7819375300
Supplemental Narrative

Additional Explanations

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

“Description: advertising and promotion. Amount: 26,064. Description: information technology. Amount: 3,551. Description: travel. Amount: 456. Description: graphic design & website development expense. Amount: 16,800. Total to form 990-ez, line 16: 46,871.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: pledges and grants recievable. Beg. Of year amount: 0. End of year amount: 10,000.”

Raw XML Appendix140 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/ApplicationPendingInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0MARK HUTKER
IRS990EZ/BooksInCareOfDetail/PhoneNum05085480048
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0533 PALMER AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FALMOUTH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002540
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt056968
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt010000
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010000
IRS990EZ/GrossReceiptsAmt056968
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010000
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NANCY SWENSSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARK HUTKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THOMAS MCNEILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CLERK/EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010000
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt046871
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ADVANCING HOME DESIGN TO BETTER FOSTER WELLNES BY CONSIDERING NATURAL, BEHAVIORAL, AND PHYSICAL SCIENCES, CONDUCTING QUANTITATIVE RESEARCH INTO THE IMPACT OF HOME ENVIRONMENTS, DEVELOPING A NEW STANDARD OF HOMES THAT PROMOTE WELL-BEING OF INHABITANTS BY CONSIDERING THE SIX PILLARS OF WELLNESS: QUALITY SLEEP, CONNECTION TO NATURE, DAILY MOVEMENT, FUEL (NOURISHMENT AND HYDRATION), RELATIONSHIPS AND COMMUNITY, AND MEANING, AND FUNDING FELLOWSHIPS TO SUPPORT THESE ENDEAVORS.
IRS990EZ/PrintingPublicationsPostageAmt097
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ADVANCING HOME DESIGN TO BETTER FOSTER WELLNES BY CONSIDERING NATURAL, BEHAVIORAL, AND PHYSICAL SCIENCES, CONDUCTING QUANTITATIVE RESEARCH INTO THE IMPACT OF HOME ENVIRONMENTS, DEVELOPING A NEW STANDARD OF HOMES THAT PROMOTE WELL-BEING OF INHABITANTS BY CONSIDERING THE SIX PILLARS OF WELLNESS: QUALITY SLEEP, CONNECTION TO NATURE, DAILY MOVEMENT, FUEL (NOURISHMENT AND HYDRATION), RELATIONSHIPS AND COMMUNITY, AND MEANING, AND FUNDING FELLOWSHIPS TO SUPPORT THESE ENDEAVORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04104
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt046968
IRS990EZ/TotalProgramServiceExpensesAmt04104
IRS990EZ/TotalRevenueAmt056968
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE INITIAL RETURN COVERED A SHORT YEAR PERIOD OF JULY 7, 2023 THROUGH DECEMBER 31, 2023.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056968
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt056968
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02278
IRS990ScheduleA/SubstantialContributorsTotAmt054690
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056968
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt056968
IRS990ScheduleA/TotalSupportAmt056968
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: ADVERTISING AND PROMOTION. AMOUNT: 26,064. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 3,551. DESCRIPTION: TRAVEL. AMOUNT: 456. DESCRIPTION: GRAPHIC DESIGN & WEBSITE DEVELOPMENT EXPENSE. AMOUNT: 16,800. TOTAL TO FORM 990-EZ, LINE 16: 46,871.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PLEDGES AND GRANTS RECIEVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK HUTKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05085480048
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ONTIC INITIATIVE LTD
ReturnHeader/Filer/BusinessNameControlTxt0ONTI
ReturnHeader/Filer/EIN0932286403
ReturnHeader/Filer/PhoneNum05085480048
ReturnHeader/Filer/USAddress/AddressLine1Txt0533 PALMER AVENUE
ReturnHeader/Filer/USAddress/CityNm0FALMOUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002540
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0873231666
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 PRESIDENTIAL WAY SUITE 510
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001801
ReturnHeader/PreparerPersonGrp/PhoneNum07819375300
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARRETT M HIGGINS
ReturnHeader/ReturnTs02024-08-02T09:33:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-07
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,000
Liabilities
$0
Net assets
$10,000
Revenue
$56,968
Expenses
$46,968
Net income
$10,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$0.00$27.7$35.0$17.3$17.7
2023Detailed filing. Detailed filing data is available for this year.$10.0$0.00$10.0$57.0$47.0$10.0