Civic Intelligence

Kadak Inc.

990 • Fiscal year 2023 • EIN 93-2746446

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 04, 2024

Organization Profile
7305 Zion LnMckinney, TX 75070

(469) 231-7489

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

85th percentile

37%

Higher net margin than 85% 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

$9,115

No earlier filing loaded for comparison.

Net Assets

$9,115

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin85th percentile

Revenue

$24,717

No earlier filing loaded for comparison.

Expenses

$15,602

No earlier filing loaded for comparison.

Net Income

$9,115

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.

$40K$30K$20K$10K$0Assets 2023: $9,115Liabilities 2023: $0Net Assets 2023: $9,1152023Assets 2024: $33,700Liabilities 2024: $0Net Assets 2024: $33,7002024

Highlighted filing

2023

Assets$9,115
Liabilities$0
Net Assets$9,115
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0Revenue 2023: $24,717Expenses 2023: $15,602Net Income 2023: $9,1152023Revenue 2024: $117,797Expenses 2024: $93,712Net Income 2024: $24,0852024

Highlighted filing

2023

Revenue$24,717
Expenses$15,602
Net Income$9,115
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 4, 2024
Return Version
2023v5.0
Gross Receipts
$24,717
Mission and Program Overview

Mission

COMMUNITY WELFARE

COMMUNITY WELLFARE

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$9,115-
Rtn Earn Endowment Incm Other Fnds-$9,115-
Total Assets$0$9,115▲ $9,115
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$9,115▲ $9,115
Total Liabilities and Net Assets / Fund Balance$0$9,115▲ $9,115
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Hemanth KumarDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$24,717
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$24,717
Change in Net Assets
$9,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,602
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$15,602--$15,602
Total Functional Expenses$15,602$0$0$15,602
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

“REVIEW AND SIGN”

Conflict of interest policy compliance Part VI line 12C

“Review conflict of interest policy”

CEO executive director top management comp Part VI line 15A

“REVIEW AND SIGN”

Other officer or key employee compensation Part VI line 15B

“REVIEW AND SIGN”

Form 990 availability to public Part VI line 18

“ON REQUEST”

Governing documents etc available to public Part VI line 19

“AVAILABLE ON REQUEST”

Filing and Contact Details

Filer

Filer Name
Kadak Inc
EIN
93-2746446
Address
7305 ZION LN, MCKINNEY, TX 75070

Signing Officer

Name
Hemanth Kumar Director
Title
Director
Phone
6825975316
Signed
2024-04-04
Discuss with paid preparer
No

Organization Details

Formed
2023
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Assetguard Financial Services Inc
Address
4224 Mill Grove LN SW, Smyrna, GA 30082
Preparer
Ashok Shah
Phone
2702236700
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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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$9,115
Liabilities
$0
Net assets
$9,115
Revenue
$24,717
Expenses
$15,602
Net income
$9,115
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.18$0.94$0.24
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.25$0.16$0.09