Civic Intelligence

Inveneo Inc

990 • Fiscal year 2010 • EIN 20-1663266

Jan 01, 2010 to Dec 31, 2010 • Filed on Nov 15, 2011

972 Mission Street 5th Floor94103
Siviq Scores

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

Liabilities / Assets

48th percentile

0.12x

Higher debt load relative to assets than 48% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$1,890,142

No earlier filing loaded for comparison.

Net Assets

$1,658,053

No earlier filing loaded for comparison.

Liabilities

$232,089

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,968,948

No earlier filing loaded for comparison.

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.

$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

2010

Assets$1,890,142
Liabilities$232,089
Net Assets$1,658,053

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2010

Revenue-
Expenses$1,968,948
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Nov 15, 2011
Return Version
2010v3.4
Gross Receipts
$3,790,065
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.

Major Activities

Activity 2
Direct services: inveneo provides expert guidance for implementing highly sustainable ict projects to non-governmental and governmental organizations in developing countries, so that these organizations can use ict to more effectively deliver education, healthcare, economic development and relief programs. We employ a solutions-based approach, focusing on understanding the goals of the organization and its end-users to design computing, local area and wide area networking solutions. We assess the current environment, including facilities, power, connectivity as other factors like user know how and security. We identify approaches that address challenges such as undependable electricity, tight operating budgets and lack of support resources. We make recommendations that include hardware, software, power, implementation and support, most often in partnership with our icips noted above.
Activity 3
Research and development, outreach and support: inveneo identifies, tests, certifies, and in some cases designs software and hardware solutions to address the unmet needs for icts in low-resource environments in the developing world. We integrate existing software and hardware components to deliver repeatable and scalable solutions. These solutions range from ultra-low power computers and servers to desktops configured for shared computing environments running open-source operating systems. We also design custom hardware systems for specific applications. The result is a solution blueprint that can be implemented in a scalable and replicable way by inveneo and others.
Filing and Contact Details

Filer

EIN
20-1663266
Raw XML AppendixShowing 400 of 567 raw XML fields

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IRS990/Activity2/Description0DIRECT SERVICES: INVENEO PROVIDES EXPERT GUIDANCE FOR IMPLEMENTING HIGHLY SUSTAINABLE ICT PROJECTS TO NON-GOVERNMENTAL AND GOVERNMENTAL ORGANIZATIONS IN DEVELOPING COUNTRIES, SO THAT THESE ORGANIZATIONS CAN USE ICT TO MORE EFFECTIVELY DELIVER EDUCATION, HEALTHCARE, ECONOMIC DEVELOPMENT AND RELIEF PROGRAMS. WE EMPLOY A SOLUTIONS-BASED APPROACH, FOCUSING ON UNDERSTANDING THE GOALS OF THE ORGANIZATION AND ITS END-USERS TO DESIGN COMPUTING, LOCAL AREA AND WIDE AREA NETWORKING SOLUTIONS. WE ASSESS THE CURRENT ENVIRONMENT, INCLUDING FACILITIES, POWER, CONNECTIVITY AS OTHER FACTORS LIKE USER KNOW HOW AND SECURITY. WE IDENTIFY APPROACHES THAT ADDRESS CHALLENGES SUCH AS UNDEPENDABLE ELECTRICITY, TIGHT OPERATING BUDGETS AND LACK OF SUPPORT RESOURCES. WE MAKE RECOMMENDATIONS THAT INCLUDE HARDWARE, SOFTWARE, POWER, IMPLEMENTATION AND SUPPORT, MOST OFTEN IN PARTNERSHIP WITH OUR ICIPS NOTED ABOVE.
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IRS990/ActivityOrMissionDescription0INVENEO PROVIDES EXPERT GUIDANCE FOR IMPLEMENTING HIGHLY SUSTAINABLE INFORMATION AND COMMUNICATIONS TECHNOLOGY (ICT) PROJECTS TO NON-GOVERNMENTAL AND GOVERNMENTAL ORGANIZATIONS IN DEVELOPING COUNTRIES, INCLUDING HAITI AND MANY COUNTRIES IN AFRICA AND SOUTH ASIA, SO THAT THESE ORGANIZATIONS CAN USE ICT TO MORE EFFECTIVELY DELIVER EDUCATION, HEALTHCARE, ECONOMIC DEVELOPMENT AND RELIEF PROGRAMS.
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IRS990/Description0ICIP PROGRAMS: TRAIN AND PARTNER WITH ICT PROFESSIONALS ACROSS AFRICA, SOUTH ASIA AND HAITI THROUGH ITS INVENEO CERTIFIED ICT PARTNER (ICIP) PROGRAM. WE DELIVER A FORMAL TRAINING AND CERTIFICATION PROCESS TO EMPOWER IN-COUNTRY ICT ENTREPRENEURS WITH THE TOOLS, SKILLS, AND ONGOING SUPPORT TO IMPLEMENT SUSTAINABLE TECHNOLOGY SOLUTIONS FOR ORGANIZATIONS OPERATING IN RURAL AND HIGHLY UNDERSERVED COMMUNITIES. INVENEO RECRUITS, VETS, TRAINS, CERTIFIES AND ENTERS INTO LONG TERM PARTNERSHIPS WITH LOCAL PARTNERS (ICIPS). TYPICALLY, THESE ICIPS ARE TECHNICAL PROFESSIONALS AND SMALL BUSINESS ENTREPRENEURS. THEY ARE PAID TO DESIGN, INSTALL AND SUPPORT COMPUTING AND NETWORKING SOLUTIONS USING THE PROCESSES GAINED THROUGH INVENEO CERTIFICATION AND USING RELEVANT EQUIPMENT RECOMMENDED AND CERTIFIED BY INVENEO. WITH THIS APPROACH, ORGANIZATIONS GET AFFORDABLE AND LOCALLY SUSTAINABLE ICT PROJECTS IMPLEMENTED SO THEY CAN USE THE ICT SOLUTIONS TO IMPROVE THEIR DELIVERY OF EDUCATION, HEALTHCARE, ECONOMIC DEVELOPMENT AND RELIEF PROGRAMS. ALSO, THIS APPROACH IMPROVES LOCAL EXPERTISE, OPENS NEW MARKET EXPERTISE FOR THE ENTREPRENEURS AND HELPS BUILD THE LOCAL ICT ECONOMY. HAITI CONNECTED CITIES AND CONNECTED SCHOOLS PROGRAM 2010-2012: THROUGH THE HAITI CONNECTED CITIES PROGRAM, INVENEO IS LEADING AN EFFORT TO DELIVER A FINANCIALLY SUSTAINABLE BROADBAND SERVICES MODEL TO 6 REGIONS AND 20 POPULATION CENTERS IN RURAL HAITI. THIS EFFORT INCLUDES PARTNERING WITH LOCAL SERVICE PROVIDERS, DEPLOYING A SHARED BROADBAND NETWORK, TRAINING LOCAL YOUTH TO DELIVER BROADBAND THROUGH A PROGRAM CALLED BATI. THROUGH THE CONNECTED SCHOOL PROGRAM, INVENEO IS PARTNERING WITH MICROSOFT, HP, WORLD VISION AND VOILA TO DELIVER 40 SOLAR-POWERED COMPUTER LABS IN RURAL SCHOOLS THAT WILL BE CONNECTED TO THE BROADBAND NETWORK.
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IRS990ScheduleA/PublicSupportTotal50906999884
IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYearMinus1Year0835000
IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYearMinus2Years0500000
IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYearMinus3Years0917000
IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYearMinus4Years077481
IRS990ScheduleA/SupportFromDQPsEtc/Total02329481
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear03738061
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year01963103
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years01380431
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years01903654
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years0344116
IRS990ScheduleA/Total509/Total09329365
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear03790065
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year01973977
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years01388070
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years01904624
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years0344116
IRS990ScheduleA/TotalSupportTotal/Total09400852
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/AdditionsDuringYear0114827
IRS990ScheduleD/AgentTrusteeEtc01
IRS990ScheduleD/BeginningBalance00
IRS990ScheduleD/EndingBalance0114827
IRS990ScheduleD/Equipment/BookValue011929
IRS990ScheduleD/Equipment/Depreciation018530
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis030459
IRS990ScheduleD/ExcessOrDeficitForYear01261146
IRS990ScheduleD/ExcessOrDeficitPerFS01371609
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal01968948
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0IN APRIL 2010, THE ORGANIZATION ENTERED INTO A FISCAL SPONSORSHIP GRANT AGREEMENT WITH A NON-AFFILIATED ENTITY TO MANAGE A PROJECT REFERRED TO AS "WE CARE" (WOMEN'S EMERGENCY COMMUNICATION AND RELIABLE ELECTRICITY) SOLAR. THE ORGANIZATION BELIEVES THAT THE WE CARE SOLAR PROJECT FURTHERS ITS TAX-EXEMPT PURPOSE. WE CARE SOLAR HAS OBTAINED FINANCIAL SUPPORT IN THE FORM OF CONTRIBUTIONS AND GRANTS WHICH ARE RECEIVED AND RECOGNIZED AS INCOME BY INVENEO, INC., WHEN THEY ARE UNCONDITIONALLY COMMUNICATED. THE ORGANIZATION, AS THE FISCAL SPONSOR, RECORDS ALL REVENUE AND EXPENSES OF THE WE CARE SOLAR PROJECT AS A SEPARATE PROGRAM. THE PROGRAM IS CONTRACTUALLY MANAGED BY A NON-AFFILIATED THIRD PARTY UNDER THE AUSPICES OF THE ORGANIZATION. IN ACCORDANCE WITH THE FISCAL SPONSOR GRANT AGREEMENT, A SEGRAGATED BANK ACCOUNT HAS BEEN ESTABLISHED TO RECEIVE AND DISBURSE FUNDS FOR THIS PROGRAM. THE ORGANIZATION IS ENTITLED TO AN ADMINISTRATIVE FEE EQUIVALENT TO 5% OF ALL PROGRAM COSTS EXPENDED. THERE WERE NO ADMINISTRATIVE FEES EARNED FOR THE FISCAL YEAR ENDED DECEMBER 31, 2010.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS FOR THE YEARS 2006 THROUGH 2009 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART IV, LINE 1B:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference1PART X:
IRS990ScheduleD/IncludedOnFS00
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IRS990ScheduleD/LeaseholdImprovements/Depreciation04639
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis010395
IRS990ScheduleD/OtherAssets/BookValue0114827
IRS990ScheduleD/OtherAssets/Description0RESTRICTED CASH-FISCAL SPONSORSHIP
IRS990ScheduleD/OtherLandBuildings/BookValue016111
IRS990ScheduleD/OtherLandBuildings/Depreciation03889
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis020000
IRS990ScheduleD/OtherLiabilities/Amount0138383
IRS990ScheduleD/OtherLiabilities/Amount13755
IRS990ScheduleD/OtherLiabilities/Description0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilities/Description1SECURITY DEPOSITS
IRS990ScheduleD/PriorPeriodAdjustments0110463
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal03230094
IRS990ScheduleD/TotalAdjustments0110463
IRS990ScheduleD/TotalBookValueOtherAssets0114827
IRS990ScheduleD/TotalExpenses01968948
IRS990ScheduleD/TotalExpensesPerForm99001968948
IRS990ScheduleD/TotalOfAmounts0142138
IRS990ScheduleD/TotalOfBookValueLandBuildings033796
IRS990ScheduleD/TotalRevenue03230094
IRS990ScheduleD/TotalRevenuePerForm99003230094

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