Civic Intelligence

Wake Forest Innovation Quarter Management Co

990 • Fiscal year 2012 • EIN 06-1818498

Jul 01, 2011 to Jun 30, 2012 • Filed on May 09, 2013

Medical Center Boulevard27157
Siviq Scores

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

Liabilities / Assets

97th percentile

1.42x

Higher debt load relative to assets than 97% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

98th percentile

131%

Faster asset growth than 98% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$9,804,562

Up $5,560,708 (+131%) from 2011

Net Assets

Down

-$4,122,596

Down $1,331,404 (-48%) from 2011

Liabilities

Up

$13,927,158

Up $6,892,112 (+98%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,457,538

Up $303,429 (+26%) from 2011

Net Income

-

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.

$40M$20M$0-$20M-$40MAssets 2011: $4,243,854Liabilities 2011: $7,035,046Net Assets 2011: -$2,791,1922011Assets 2012: $9,804,562Liabilities 2012: $13,927,158Net Assets 2012: -$4,122,5962012Assets 2013: $9,759,023Liabilities 2013: $16,018,095Net Assets 2013: -$6,259,0722013Assets 2014: $9,783,751Liabilities 2014: $16,941,293Net Assets 2014: -$7,157,5422014Assets 2015: $1,671,349Liabilities 2015: $9,677,713Net Assets 2015: -$8,006,3642015Assets 2016: $2,816,958Liabilities 2016: $11,903,289Net Assets 2016: -$9,086,3312016Assets 2017: $2,271,697Liabilities 2017: $12,461,807Net Assets 2017: -$10,190,1102017Assets 2018: $373,205Liabilities 2018: $11,671,903Net Assets 2018: -$11,298,6982018Assets 2019: $106,891Liabilities 2019: $12,722,810Net Assets 2019: -$12,615,9192019Assets 2020: $361,624Liabilities 2020: $14,655,772Net Assets 2020: -$14,294,1482020Assets 2021: $76,176Liabilities 2021: $19,154,923Net Assets 2021: -$19,078,7472021Assets 2022: $81,245Liabilities 2022: $21,948,686Net Assets 2022: -$21,867,4412022Assets 2023: $87,638Liabilities 2023: $24,842,335Net Assets 2023: -$24,754,6972023Assets 2024: $77,431Liabilities 2024: $27,437,732Net Assets 2024: -$27,360,3012024

Highlighted filing

2012

Assets$9,804,562
Liabilities$13,927,158
Net Assets-$4,122,596

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $48,522Expenses 2011: $1,154,109Net Income 2011: -$1,105,5872011Expenses 2012: $1,457,5382012Revenue 2013: $5,795Expenses 2013: $2,142,271Net Income 2013: -$2,136,4762013Revenue 2014: $6,197Expenses 2014: $904,667Net Income 2014: -$898,4702014Revenue 2015: $2,728Expenses 2015: $851,550Net Income 2015: -$848,8222015Revenue 2016: $0Expenses 2016: $1,079,967Net Income 2016: -$1,079,9672016Revenue 2017: $93,170Expenses 2017: $1,196,949Net Income 2017: -$1,103,7792017Revenue 2018: $1,000Expenses 2018: $1,109,588Net Income 2018: -$1,108,5882018Revenue 2019: $1,000Expenses 2019: $1,318,221Net Income 2019: -$1,317,2212019Revenue 2020: $0Expenses 2020: $1,678,229Net Income 2020: -$1,678,2292020Revenue 2021: $0Expenses 2021: $2,360,349Net Income 2021: -$2,360,3492021Revenue 2022: $0Expenses 2022: $2,788,694Net Income 2022: -$2,788,6942022Revenue 2023: $68,714Expenses 2023: $2,955,970Net Income 2023: -$2,887,2562023Revenue 2024: $83,520Expenses 2024: $2,689,124Net Income 2024: -$2,605,6042024

Highlighted filing

2012

Revenue-
Expenses$1,457,538
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 9, 2013
Return Version
2011v1.2
Gross Receipts
$126,134
Mission and Program Overview

Mission

To oversee, as the umbrella organization of the wake forest university health sciences ("wfuhs") affiliated research park entities, all wfuhs activities involving the wake forest innovation quarter (f/k/a piedmont triad research park), including land acquisition, master planning and park development such as infrastructure, recruiting, etc., and to coordinate the efforts of all wfuhs affiliated research park entities including wake forest innovation quarter (f/k/a piedmont research park). It will provide an additional campus for the long-term space needs of wfuhs and undertakes revitalization and redevelopment of the center-city area of winston-salem.

Filing and Contact Details

Filer

EIN
06-1818498
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0CERTAIN OFFICERS/DIRECTORS OF THE FILING ORGANIZATION DURING THE TAX PERIOD PARTICIPATED IN SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS AND EXECUTIVE INCENTIVE COMPENSATION PLANS (ALL OF WHICH IS PAID BY RELATED ORGANIZATIONS, WAKE FOREST UNIVERSITY HEALTH SCIENCES OR WAKE FOREST UNIVERSITY, AS PART OF THE INDIVIDUALS' COMPENSATION FROM THE RELATED ORGANIZATIONS).
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART I, LINE 4B
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0DOUGLAS L EDGETON
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1J REID MORGAN
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson2NATHAN O HATCH PHD
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson3JOHN D MCCONNELL MD
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson4TERRY L HALES JR
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson5ANITA M CONRAD
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson6WILLIAM B APPLEGATE MD
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg40
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg50
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg60
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs021058
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs185825
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs256876
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs319361
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs420878
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs513798
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs621332
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg40
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg50
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg60
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs018217
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs112350
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs2142021
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs338511
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs410397
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs5138
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs626442
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg40
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg50
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg60
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0710729
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs1531348
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs21300334
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs32044854
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs4517738

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$27.4$27.4$0.08$2.69$2.61
2023Detailed filing. Detailed filing data is available for this year.$0.09$24.8$24.8$0.07$2.96$2.89
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$21.9$21.9$0.00$2.79$2.79
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$19.2$19.1$0.00$2.36$2.36
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$14.7$14.3$0.00$1.68$1.68
2019Detailed filing. Detailed filing data is available for this year.$0.11$12.7$12.6$0.00$1.32$1.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$11.7$11.3$0.00$1.11$1.11
2017Detailed filing. Detailed filing data is available for this year.$2.27$12.5$10.2$0.09$1.20$1.10
2016Detailed filing. Detailed filing data is available for this year.$2.82$11.9$9.09$0.00$1.08$1.08
2015Detailed filing. Detailed filing data is available for this year.$1.67$9.68$8.01$0.00$0.85$0.85
2014Detailed filing. Detailed filing data is available for this year.$9.78$16.9$7.16$0.01$0.90$0.90
2013Summary only. Only limited summary data is available for this year.$9.76$16.0$6.26$0.01$2.14$2.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.80$13.9$4.12$1.46
2011Summary only. Only limited summary data is available for this year.$4.24$7.04$2.79$0.05$1.15$1.11
Peer Organizations

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