Civic Intelligence

Idea Foundry

990 • Fiscal year 2022 • EIN 04-3587471

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

Organization ProfileWWW.IDEAFOUNDRY.ORG

View Organization Page

1212 Prospect RdPittsburgh, PA 15227

(412) 682-3067

Siviq Scores

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

Liabilities / Assets

46th percentile

0.05x

Higher debt load relative to assets than 46% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

77th percentile

0.41x

Higher debt load relative to revenue than 77% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

3rd percentile

-138%

Higher net margin than 3% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$238,529

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 95.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

12th percentile

-15%

Faster asset growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-58%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$2,143,504

Down $378,880 (-15%) from 2021

Net Assets

Down

$2,039,842

Down $379,453 (-16%) from 2021

Liabilities

Up

$103,662

Up $573 (+0.6%) from 2021

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin3rd percentile

Revenue

Down

$250,130

Down $340,865 (-58%) from 2021

Expenses

Down

$594,583

Down $381,085 (-39%) from 2021

Net Income

Up

-$344,453

Up $40,220 (+10%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,472,697Liabilities 2010: $727,040Net Assets 2010: $4,745,6572010Assets 2011: $5,417,776Liabilities 2011: $861,647Net Assets 2011: $4,556,1292011Assets 2012: $5,164,785Liabilities 2012: $1,077,431Net Assets 2012: $4,087,3542012Assets 2013: $3,763,638Liabilities 2013: $18,752Net Assets 2013: $3,744,8862013Assets 2014: $3,692,851Liabilities 2014: $29,922Net Assets 2014: $3,662,9292014Assets 2015: $4,158,634Liabilities 2015: $102,963Net Assets 2015: $4,055,6712015Assets 2016: $3,612,093Liabilities 2016: $131,201Net Assets 2016: $3,480,8922016Assets 2017: $3,120,603Liabilities 2017: $105,818Net Assets 2017: $3,014,7852017Assets 2018: $3,642,948Liabilities 2018: $120,111Net Assets 2018: $3,522,8372018Assets 2019: $2,995,690Liabilities 2019: $108,304Net Assets 2019: $2,887,3862019Assets 2020: $3,064,399Liabilities 2020: $240,431Net Assets 2020: $2,823,9682020Assets 2021: $2,522,384Liabilities 2021: $103,089Net Assets 2021: $2,419,2952021Assets 2022: $2,143,504Liabilities 2022: $103,662Net Assets 2022: $2,039,8422022Assets 2023: $1,699,934Liabilities 2023: $141,823Net Assets 2023: $1,558,1112023Assets 2024: $1,558,538Liabilities 2024: $203,243Net Assets 2024: $1,355,2952024

Highlighted filing

2022

Assets$2,143,504
Liabilities$103,662
Net Assets$2,039,842
Open 2022 Filing

Operations Trend

Revenue Growth6th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,371,8452010Expenses 2011: $1,503,1772011Expenses 2012: $1,748,5652012Revenue 2013: $1,228,241Expenses 2013: $1,220,709Net Income 2013: $7,5322013Revenue 2014: $1,404,870Expenses 2014: $1,396,627Net Income 2014: $8,2432014Revenue 2015: $1,540,709Expenses 2015: $1,127,967Net Income 2015: $412,7422015Revenue 2016: $890,338Expenses 2016: $1,460,117Net Income 2016: -$569,7792016Revenue 2017: $668,048Expenses 2017: $1,038,364Net Income 2017: -$370,3162017Revenue 2018: $1,766,236Expenses 2018: $1,217,078Net Income 2018: $549,1582018Revenue 2019: $910,662Expenses 2019: $1,531,113Net Income 2019: -$620,4512019Revenue 2020: $1,582,577Expenses 2020: $1,645,995Net Income 2020: -$63,4182020Revenue 2021: $590,995Expenses 2021: $975,668Net Income 2021: -$384,6732021Revenue 2022: $250,130Expenses 2022: $594,583Net Income 2022: -$344,4532022Revenue 2023: $353,744Expenses 2023: $708,975Net Income 2023: -$355,2312023Revenue 2024: $825,813Expenses 2024: $978,629Net Income 2024: -$152,8162024

Highlighted filing

2022

Revenue$250,130
Expenses$594,583
Net Income-$344,453
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$250,130
Mission and Program Overview

Mission

To foster innovation, new company creation and job growth in the western pennsylvania area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,054,370$866,325▼ $188,045
Investments Program Related$583,379$548,379▼ $35,000
Other Notes and Loans Receivable, Net$540,996$481,957▼ $59,039
Cash and Non-Interest-Bearing Accounts$341,349$244,553▼ $96,796
Prepaid Expenses and Deferred Charges$2,290$2,290→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$2,522,384$2,143,504▼ $378,880
Liabilities
Accounts Payable and Accrued Expenses$103,089$103,662▲ $573
Total Liabilities$103,089$103,662▲ $573
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,419,295$2,039,842▼ $379,453
Total Net Assets Fund Balance$2,419,295$2,039,842▼ $379,453
Total Liabilities and Net Assets / Fund Balance$2,522,384$2,143,504▼ $378,880

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$56,501$56,501
Other Land Buildings$0$31,559$31,559
Investment Program Related Org$41,879--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael M MatesicDirector & CEOFT$220,000$18,529$238,529

Board Members and Trustees

NameTitle
Richard K RiedererChairman of the Board
James C StalderDirector
Richard DanforthDirector
Patrick B StewartDirector & Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$122,706
Program Service Revenue
$94,549
Investment Income
$32,875
Other Revenue
$0
All Other Contributions
$26,000
Change in Net Assets
$-344,453
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$414,678
Other Expenses$179,905
Total Fundraising Expense$26,298
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$143,117$71,559$23,853$238,529
Other Salaries and Wages$93,771$40,187-$133,958
Payroll Taxes$14,668$7,334$2,445$24,447
Occupancy$14,188$6,080-$20,268
Other Employee Benefits$9,607$4,118-$13,725
Fees for Services Accounting$8,486$3,637-$12,123
Office Expenses$5,598$2,399-$7,997
Fees for Services Legal$2,946$1,262-$4,208
Advertising$2,835$1,215-$4,050
Pension Plan Contributions$2,813$1,206-$4,019
Travel$2,536$1,087-$3,623
Insurance-$3,618-$3,618
Other Expenses$7,427$1,845-$1,845
Information Technology$574$246-$820
All Other Expenses$150--$150
Total Functional Expenses$419,309$148,976$26,298$594,583
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
Audit committee
Yes
Backup withholding compliance
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, Part VI, Section A, Line 8B

“No, idea foundry does not have any subcommittees; the entire board is involved with all issues.”

Form 990, Part VI, Section B, Line 11B

“Ceo reviews the form after preparation by cpa firm prior to filing”

Form 990, Part VI, Section B, Line 12C

“Discussed and reviewed at each board meeting.”

Form 990, Part VI, Section B, Line 15

“Comparability data is obtained and reviewed by the independent members of the board and compensation is then determined and approved by the board.”

Form 990, Part VI, Section C, Line 19

“PROVIDED UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Idea Foundry
EIN
04-3587471
Phone
4126823067
Address
1212 PROSPECT RD, PITTSBURGH, PA 15227

Signing Officer

Name
Michael M Matesic
Title
CEO
Phone
4126823065
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael M Matesic
Formed
2002
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
4
Employees
4
Volunteers
0

Preparer

Firm
Brennan Piper & Associates Pc
Address
811 BOYD AVENUE SUITE 205, PITTSBURGH, PA 15238
Preparer
Shamus Brennan
Phone
4128268600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Yes, the organization's board of directors assumes responsibility for oversight of the audit and the selection of the independent accountant.”

Raw XML AppendixShowing 400 of 501 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0103089
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0103662
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO FOSTER INNOVATION, NEW COMPANY CREATION AND JOB GROWTH IN THE WESTERN PENNSYLVANIA AREA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01215
IRS990/AdvertisingGrp/ProgramServicesAmt02835
IRS990/AdvertisingGrp/TotalAmt04050
IRS990/AllOtherContributionsAmt026000
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0150
IRS990/AllOtherExpensesGrp/TotalAmt0150
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CORPORATE OFFICERS
IRS990/BooksInCareOfDetail/PhoneNum04126823067
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01212 PROSPECT RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0PITTSBURGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015227
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0341349
IRS990/CashNonInterestBearingGrp/EOYAmt0244553
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt023853
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt071559
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0143117
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0238529
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0122706
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt032875
IRS990/CYOtherExpensesAmt0179905
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt094549
IRS990/CYRevenuesLessExpensesAmt0-344453
IRS990/CYSalariesCompEmpBnftPaidAmt0414678
IRS990/CYTotalExpensesAmt0594583
IRS990/CYTotalFundraisingExpenseAmt026298
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0250130
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO FOSTER INNOVATION, NEW COMPANY CREATION AND JOB GROWTH IN THE WESTERN PENNSYLVANIA AREA. THE ORGANIZATION WAS ESTABLISHED TO TRANSFORM TECHNOLOGY-BASED IDEAS INTO FUNDABLE START-UP COMPANIES THROUGH BUSINESS DEVELOPMENT PROGRAMS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0419309
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03637
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt08486
IRS990/FeesForServicesAccountingGrp/TotalAmt012123
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01262
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt02946
IRS990/FeesForServicesLegalGrp/TotalAmt04208
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt350.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt318529
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD K RIEDERER
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES C STALDER
IRS990/Form990PartVIISectionAGrp/PersonNm2PATRICK B STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL M MATESIC
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD DANFORTH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3220000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt018000
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt096706
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt018000
IRS990/GrossReceiptsAmt0250130
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0246
IRS990/InformationTechnologyGrp/ProgramServicesAmt0574
IRS990/InformationTechnologyGrp/TotalAmt0820
IRS990/InsuranceGrp/ManagementAndGeneralAmt03618
IRS990/InsuranceGrp/TotalAmt03618
IRS990/InvestmentIncomeGrp/ExclusionAmt014875
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014875
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0583379
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0548379
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt088060
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt088060
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FOSTER INNOVATION, NEW COMPANY CREATION AND JOB GROWTH IN THE WESTERN PENNSYLVANIA AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02419295
IRS990/NetAssetsOrFundBalancesEOYAmt02039842
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt018000
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt018000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-35000
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02419295
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02039842
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06080
IRS990/OccupancyGrp/ProgramServicesAmt014188
IRS990/OccupancyGrp/TotalAmt020268
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02399
IRS990/OfficeExpensesGrp/ProgramServicesAmt05598
IRS990/OfficeExpensesGrp/TotalAmt07997
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04118
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09607
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013725
IRS990/OtherExpensesGrp/Desc0FELLOWSHIP OPERATING CO
IRS990/OtherExpensesGrp/Desc1FELLOWSHIP BAD DEBT EXP
IRS990/OtherExpensesGrp/Desc2DUES,SUBSCRIPTIONS & SE
IRS990/OtherExpensesGrp/Desc3ADMINISTRATIVE EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03183
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11845
IRS990/OtherExpensesGrp/ProgramServicesAmt088617
IRS990/OtherExpensesGrp/ProgramServicesAmt121976
IRS990/OtherExpensesGrp/ProgramServicesAmt27427
IRS990/OtherExpensesGrp/TotalAmt088617
IRS990/OtherExpensesGrp/TotalAmt121976
IRS990/OtherExpensesGrp/TotalAmt210610
IRS990/OtherExpensesGrp/TotalAmt31845
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040187
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt093771
IRS990/OtherSalariesAndWagesGrp/TotalAmt0133958
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0540996
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0481957
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02445
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07334
IRS990/PayrollTaxesGrp/ProgramServicesAmt014668
IRS990/PayrollTaxesGrp/TotalAmt024447
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01206
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02813
IRS990/PensionPlanContributionsGrp/TotalAmt04019
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02290
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02290
IRS990/PrincipalOfficerNm0MICHAEL M MATESIC
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/Desc0BUSINESS DEVELOPMENT S
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt094549
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt094549
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0480000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt058712
IRS990/PYOtherExpensesAmt0581559
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt052283
IRS990/PYRevenuesLessExpensesAmt0-384673
IRS990/PYSalariesCompEmpBnftPaidAmt0394109
IRS990/PYTotalExpensesAmt0975668
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0590995
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-344453
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0112549
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01054370
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0866325
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0122706
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0480000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01003705
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0152760
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0242305
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02001476
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt014875
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt030388
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06442
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028484
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt020031
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0100220
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt094549
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt052283
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt043029
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0393817
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt052320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0635998
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014875
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030388
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06442
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt028484
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt020031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0100220
IRS990ScheduleA/InvestmentIncomeCYPct00.03660
IRS990ScheduleA/InvestmentIncomePYPct00.02920
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96340
IRS990ScheduleA/PublicSupportPY509Pct00.97080
IRS990ScheduleA/PublicSupportTotal509Amt02637474
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0217255
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0532283
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01046734
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0546577
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0294625
IRS990ScheduleA/Total509Grp/TotalAmt02637474
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0232130
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0562671
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01053176
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0575061
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0314656
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02737694
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt056501
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt056501
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt040000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt150000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2200000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt350000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt450000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt540000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt61500
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt775000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt841879
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CIRCADIENCE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1STARR LIFE SCIENCES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2INTELOMED
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3PITTMOSS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4THREAD
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5QRONO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6QIAOXIN TECHNOLOGY SOLUTIONS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7NANOGRIPTECH
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8MODULE DESIGN
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd8C
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031559
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031559
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt0548379
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0220000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt018529
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL M MATESIC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0238529
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO, IDEA FOUNDRY DOES NOT HAVE ANY SUBCOMMITTEES; THE ENTIRE BOARD IS INVOLVED WITH ALL ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CEO REVIEWS THE FORM AFTER PREPARATION BY CPA FIRM PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCUSSED AND REVIEWED AT EACH BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPARABILITY DATA IS OBTAINED AND REVIEWED BY THE INDEPENDENT MEMBERS OF THE BOARD AND COMPENSATION IS THEN DETERMINED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5YES, THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0IDEA FOUNDRY INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1IDEA FOUNDRY INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2IDEA FOUNDRY INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt3IDEA FOUNDRY INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0PITTSBURGH REGIONAL INVESTMENT CENTER LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1INTELLIGENT SYSTEMS DEVELOPMENT LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2IDEA FOUNDRY INTERNATIONAL LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3NEWBURY ENTRANCE PARCEL DEVELOPMENT LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0273893045
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1461145072
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2810866145
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN3611775638
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0FEDERALLY APPROVED EB-5 REGIONAL CTR-COORD FOREIGN INVESTMENT/JOB CREATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1NETWORKING,AUTOMATION, ANALYTICS AND SENSOR BASED TECHNOLOGY
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2INTERNATIONAL STUDENT RECRUITING AND PROGRAM DEVELOPMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt3FOREIGN INVESTMENT/JOB CREATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt04551 FORBES AVENUE SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt14551 FORBES AVENUE SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt24551 FORBES AVENUE SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt34551 FORBES AVENUE SUITE 200

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,143,504
Liabilities
$103,662
Net assets
$2,039,842
Revenue
$250,130
Expenses
$594,583
Net income
-$344,453
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.20$1.36$0.83$0.98$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.70$0.14$1.56$0.35$0.71$0.36
2022Detailed filing. Detailed filing data is available for this year.$2.14$0.10$2.04$0.25$0.59$0.34
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.10$2.42$0.59$0.98$0.38
2020Detailed filing. Detailed filing data is available for this year.$3.06$0.24$2.82$1.58$1.65$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$0.11$2.89$0.91$1.53$0.62
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.64$0.12$3.52$1.77$1.22$0.55
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.11$3.01$0.67$1.04$0.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$0.13$3.48$0.89$1.46$0.57
2015Detailed filing. Detailed filing data is available for this year.$4.16$0.10$4.06$1.54$1.13$0.41
2014Detailed filing. Detailed filing data is available for this year.$3.69$0.03$3.66$1.40$1.40$0.01
2013Detailed filing. Detailed filing data is available for this year.$3.76$0.02$3.74$1.23$1.22$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.16$1.08$4.09$1.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.42$0.86$4.56$1.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$0.73$4.75$1.37
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $1M-$5M nonprofits