Civic Intelligence

Inveneo Inc

EIN 20-1663266 • 501(c)3 • Berkeley, CA

Profile

Inveneo gets the tools of information and communications technology (ICTS) - sustainable computing and better internet access - out to people and organizations who need it most in rural and highly underserved areas in the developing world to transform lives through better access to education, healthcare, economic opportunity and faster relief.

1700 Shattuck Ave Suite 306Berkeley, CA 94709

www.inveneo.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

6.37x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

7.29x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

59th percentile

6.7%

Higher net margin than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

86th percentile

46%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

96th percentile

217%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$17,034

Up $5,393 (+46%) from 2020

Liabilities

Up

$108,505

Up $4,264 (+4.1%) from 2020

Net Assets

Up

-$91,471

Up $1,129 (+1.2%) from 2020

Revenue

Up

$14,882

Up $10,187 (+217%) from 2020

Expenses

Down

$13,884

Down $17,651 (-56%) from 2020

Net Income

Up

$998

Up $27,838 (+104%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $1,890,142Liabilities 2010: $232,089Net Assets 2010: $1,658,0532010Assets 2011: $3,316,757Liabilities 2011: $386,796Net Assets 2011: $2,929,9612011Assets 2012: $1,719,498Liabilities 2012: $267,523Net Assets 2012: $1,451,9752012Assets 2013: $509,635Liabilities 2013: $258,152Net Assets 2013: $251,4832013Assets 2014: $648,825Liabilities 2014: $775,618Net Assets 2014: -$126,7932014Assets 2015: $338,168Liabilities 2015: $251,228Net Assets 2015: $86,9402015Assets 2016: $64,940Liabilities 2016: $196,050Net Assets 2016: -$131,1102016Assets 2017: $135,649Liabilities 2017: $176,016Net Assets 2017: -$40,3672017Assets 2018: $164,304Liabilities 2018: $364,312Net Assets 2018: -$200,0082018Assets 2019: $57,698Liabilities 2019: $123,458Net Assets 2019: -$65,7602019Assets 2020: $11,641Liabilities 2020: $104,241Net Assets 2020: -$92,6002020Assets 2021: $17,034Liabilities 2021: $108,505Net Assets 2021: -$91,4712021

Highlighted filing

2021

Assets$17,034
Liabilities$108,505
Net Assets-$91,471

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,968,9482010Revenue 2011: $4,653,810Expenses 2011: $3,381,902Net Income 2011: $1,271,9082011Expenses 2012: $3,989,1432012Revenue 2013: $2,232,764Expenses 2013: $3,433,256Net Income 2013: -$1,200,4922013Revenue 2014: $1,147,646Expenses 2014: $1,360,277Net Income 2014: -$212,6312014Revenue 2015: $1,983,161Expenses 2015: $1,769,428Net Income 2015: $213,7332015Revenue 2016: $454,250Expenses 2016: $672,300Net Income 2016: -$218,0502016Revenue 2017: $435,070Expenses 2017: $344,327Net Income 2017: $90,7432017Revenue 2018: $127,414Expenses 2018: $287,055Net Income 2018: -$159,6412018Revenue 2019: $446,601Expenses 2019: $312,353Net Income 2019: $134,2482019Revenue 2020: $4,695Expenses 2020: $31,535Net Income 2020: -$26,8402020Revenue 2021: $14,882Expenses 2021: $13,884Net Income 2021: $9982021

Highlighted filing

2021

Revenue$14,882
Expenses$13,884
Net Income$998

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.1
Gross Receipts
$14,882
Mission and Program Overview

Mission

Inveneo gets the tools of information and communications technology (ICTS) - sustainable computing and better internet access - out to people and organizations who need it most in rural and highly underserved areas in the developing world to transform lives through better access to education, healthcare, economic opportunity and faster relief.

Inveneo gets the tools of information and communications technology ICTS - sustainable computing and better internet access - out to people and organizations who need it most in rural and highly underserved areas in the developing world to transform lives through better access to education, healthcare, economic opportunity and faster relief.

Program Services

DescriptionGrantsExpenses
In line with Inveneo's mission to provide technology tools to organizations in developing countries, In Liberia Inveneo continued a 3-year project to provide high speed broadband Internet access to rural health facilities and educational institutions in 5 counties targeted by USAID. Domestically, Inveneo hosts monthly TechSalons that invite experts in various technologies to discuss their work and state-of-the-art technologies with interested counterparts in industry, non-profits and government agencies. Its work in Liberia will affect the lives and health care of up to 2 million residents.-$6,039
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert MarshCEOPT$0--
Steven OakyDirector-$0--
Akio TanakaDirector-$0--
Filing and Contact Details

Filer

Filer Name
Inveneo Inc
EIN
20-1663266
Phone
4159011969
Address
1700 Shattuck Ave Suite 306, Berkeley, CA 94709

Signing Officer

Name
Robert Marsh
Title
Executive Director
Signed
2022-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Shining Star Consulting LLC
Address
2320 Oak St, Berkeley, CA 94708
Preparer
Monte Meyers
Phone
5109996712
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $632

Other Expenses.1003

Information Technology $574

Other Expenses.1005

Travel $160

Other Expenses.1012

Insurance $1623

Other Assets.1005

Accounts Receivable - Beginning $-10415 Accounts Receivable - Ending $3681

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $15438 Prepaid Expenses and Deferred Charges - Ending $13352

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $104110 Accounts Payable and Accrued Expenses - Ending $108505

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