Ivote Inc

Nonprofit profile at a glance

EIN
454921001
IRS 990-EZ coverage
2013–2013
Forms available
Form 990-EZ 2013
Location
Los Angeles, CA, USA
Phone
3106148285
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Citizen Participation

Reported finances

Revenue
$14,900
Expenses
$33,411
Assets
$2,515
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • HAROON SALEEM (PRESIDENT/TREASURER)

People named in this filing

  • HAROON SALEEM (PRESIDENT/TREASURER)
  • BRENDAN JOYCE (CHIEF CREATIVE OFFICER)
  • BRYAN SULLIVAN (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ivote inc. Is a non-profit organization that will produce, acquire and disseminate high-quality viral campaigns aimed at inspiring voter engagement.

What it reported doing in 2013

Ivote inc. Is creating a digital strategy that will primarily focus on communicating with the 18-35 year-old demographic with viral videos/psas and interactive social media. A particular focus will be on leveraging technology to promote a deep engagement with the target demo by encouraging and enabling them to help tell the stories of voting experience using video, blog posts, and tweets.we plan to establish this dialogue by tapping into an extensive nationwide network of creatives to produce content that resonates with younger voters, would-be voters, and soon-to-be voters. Filmmakers, actors, photographers, and musicians will lend their talents to give voice to the progressive issues facing the nation in 2012 and beyond.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 21
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -124.2%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $33K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 6/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.