Civic Intelligence

Inveneo Inc

990 • Fiscal year 2018 • EIN 20-1663266

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

1700 Shattuck Ave Suite 306Berkeley, CA 94709

(415) 901-1969

Siviq Scores

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

Liabilities / Assets

97th percentile

2.22x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

2.86x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

4th percentile

-125%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

96th percentile

$75,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 58.9% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

73rd percentile

21%

Faster asset growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-71%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$164,304

Up $28,655 (+21%) from 2017

Net Assets

Down

-$200,008

Down $159,641 (-395%) from 2017

Liabilities

Up

$364,312

Up $188,296 (+107%) from 2017

Revenue

Down

$127,414

Down $307,656 (-71%) from 2017

Expenses

Down

$287,055

Down $57,272 (-17%) from 2017

Net Income

Down

-$159,641

Down $250,384 (-276%) from 2017

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

2018

Assets$164,304
Liabilities$364,312
Net Assets-$200,008

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

2018

Revenue$127,414
Expenses$287,055
Net Income-$159,641
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.0
Gross Receipts
$127,414
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$20,115$160,257▲ $140,142
Accounts Receivable$114,918$3,681▼ $111,237
Prepaid Expenses and Deferred Charges$616$366▼ $250
Savings and Temporary Cash Investments$0--
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$0--
Inventories for Sale or Use$0--
Loans From Officers Directors$0--
Total Assets$135,649$164,304▲ $28,655
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$126,016$199,312▲ $73,296
Deferred Revenue$50,000$165,000▲ $115,000
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$176,016$364,312▲ $188,296
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-40,367$-200,008▼ $159,641
Total Net Assets Fund Balance$-40,367$-200,008▼ $159,641
Total Liabilities and Net Assets / Fund Balance$135,649$164,304▲ $28,655
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert MarshSecretary-TreasurerPT$37,500$37,500$75,000

Board Members and Trustees

NameTitle
Steven OkayBoard Chair
Akio TanakaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$127,414
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$22,130
Change in Net Assets
$-159,641
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$222,773
Salaries, Compensation, and Employee Benefits$56,741
Total Fundraising Expense$27,365
Professional Fundraising Fees$7,541
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$100,759$0$0$100,759
All Other Expenses$73,736--$73,736
Current Officers, Directors, Trustees, and Key Employees$23,924$14,112$14,884$52,920
Travel$25,379$0$114$25,493
Fees for Services Professional Fundraising--$7,541$7,541
Office Expenses$2,795$1,701$1,456$5,952
Information Technology$2,532$1,076$1,135$4,743
Occupancy$1,921$1,133$1,195$4,249
Fees for Services Accounting-$4,071-$4,071
Payroll Taxes$1,493$1,399$929$3,821
Insurance$178$3,364$111$3,653
Conferences and Meetings$117--$117
Total Functional Expenses$232,834$26,856$27,365$287,055
International Activity

International Summary

Offices
0
Employees
3
Spending
$197,495

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaProgram ServicesTech Consulting03$197,495
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$7,541
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
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

Inveneo has no Board subcommittees.

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

Inveneo hired a paid preparer to draft the 990. Management and a member of the Board reviewed the 990 and provided changes to the preparer, who then prepared the final 990 return and provided to the Organization to file. Form 990,

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

Inveneo employees have a duty to promptly disclose any transaction they believe may involve a conflict of interest. When any Inveneo employee becomes aware of a conflict of interest transaction (whether before or after the transaction takes place) each employee is expected to disclose to the Chief Executive Officer (CEO) all material facts regarding the nature of the conflict of interest and the parties involved. When informed of the details of the transaction(s), the CEO determines if a conflict exists, and if so, the remedy to ensure the transaction is reasonable. Employees or Board members involved in the potential conflict of interest and other information that supported the decision-making process are kept with notes of the compensation meeting. Compensation of Inveneo's other key employees is set by the Executive Director and the Inveneo Board of Directors. The Executive Director considers of comparable organizations in terms of size of revenues and scope of responsibilities, to ensure compensation is reasonable. Documents determining the compensation of Inveneo's Executive Director. In making its determination, the Board considers compensation information member or a person affiliated with a Board member will be considered, said Director shall disclose to the other members of the Board all transaction are excluded from the decision-making process. At any Board of Directors meeting when a transaction involving a Board member or a person affiliated with a Board member will be considered, said Director shall disclose to the other members of the Board all material facts regarding the nature of the transaction or the Director's affiliation with any person or entity with whom the Board is considering entering into any transaction. After a conflict of interest disclosure is made by a director at a Board meeting, said Director shall leave the meeting while the implications of the affiliation are considered and voted upon. The remaining Board members shall determine whether a conflict of interest exists.

Form 990, Part VI, Section B, Line 15

The Inveneo Board of Directors, excluding any person with a conflict of interest, is responsible for determining the compensation of Inveneo's Executive Director. In making its determination, the Board considers compensation information of comparable organizations in terms of size of revenues and scope of responsibilities, to ensure compensation is reasonable. Documents and other information that supported the decision-making process are kept with notes of the compensation meeting. Compensation of Inveneo's other key employees is set by the Executive Director and the Inveneo Board of Directors. The Executive Director considers compensation information of comparable organizations to ensure reasonableness. This information is shared with the Board of Directors and is kept with the notes of the meeting(s).

Form 990, Part VI, Section C, Line 19

Inveneo provides copies of its governing documents, conflict of interest policy and its financial statements to the public upon reasonable request.

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
Phone
4159011969
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Marsh
Formed
2004
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
1
Volunteers
3

Preparer

Firm
Shining Star Consulting LLC
Address
2320 Oak St, Berkeley, CA 94708
Preparer
Monte Meyers
Phone
5105417421
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Technical consulting and services for implementation of IT hardware in projects in Africa.

Form 990, Part IX, Line 24E

Information technology, parts and hardware for projects in Africa.

Raw XML AppendixShowing 400 of 477 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0126016
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0199312
IRS990/AccountsReceivableGrp/BOYAmt0114918
IRS990/AccountsReceivableGrp/EOYAmt03681
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Inveneo 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.
IRS990/AllOtherContributionsAmt022130
IRS990/AllOtherExpensesGrp/ProgramServicesAmt073736
IRS990/AllOtherExpensesGrp/TotalAmt073736
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Robert Marsh
IRS990/BooksInCareOfDetail/PhoneNum04159011969
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01700 Shattuck Ave Suite 306
IRS990/BooksInCareOfDetail/USAddress/CityNm0Berkeley
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094709
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt020115
IRS990/CashNonInterestBearingGrp/EOYAmt0160257
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt014884
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014112
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt023924
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt052920
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0117
IRS990/ConferencesMeetingsGrp/TotalAmt0117
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0127414
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0222773
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-159641
IRS990/CYSalariesCompEmpBnftPaidAmt056741
IRS990/CYTotalExpensesAmt0287055
IRS990/CYTotalFundraisingExpenseAmt027365
IRS990/CYTotalProfFndrsngExpnsAmt07541
IRS990/CYTotalRevenueAmt0127414
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt050000
IRS990/DeferredRevenueGrp/EOYAmt0165000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0In 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.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/ExpenseAmt0232834
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04071
IRS990/FeesForServicesAccountingGrp/TotalAmt04071
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0100759
IRS990/FeesForServicesOtherGrp/TotalAmt0100759
IRS990/FeesForServicesProfFundraising/FundraisingAmt07541
IRS990/FeesForServicesProfFundraising/TotalAmt07541
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt237500
IRS990/Form990PartVIISectionAGrp/PersonNm0Steven Okay
IRS990/Form990PartVIISectionAGrp/PersonNm1Akio Tanaka
IRS990/Form990PartVIISectionAGrp/PersonNm2Robert Marsh
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt237500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary-Treasurer
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt0105284
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0127414
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01135
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01076
IRS990/InformationTechnologyGrp/ProgramServicesAmt02532
IRS990/InformationTechnologyGrp/TotalAmt04743
IRS990/InsuranceGrp/FundraisingAmt0111
IRS990/InsuranceGrp/ManagementAndGeneralAmt03364
IRS990/InsuranceGrp/ProgramServicesAmt0178
IRS990/InsuranceGrp/TotalAmt03653
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Inveneo 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0-40367
IRS990/NetAssetsOrFundBalancesEOYAmt0-200008
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01195
IRS990/OccupancyGrp/ManagementAndGeneralAmt01133
IRS990/OccupancyGrp/ProgramServicesAmt01921
IRS990/OccupancyGrp/TotalAmt04249
IRS990/OfficeExpensesGrp/FundraisingAmt01456
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01701
IRS990/OfficeExpensesGrp/ProgramServicesAmt02795
IRS990/OfficeExpensesGrp/TotalAmt05952
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0929
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01399
IRS990/PayrollTaxesGrp/ProgramServicesAmt01493
IRS990/PayrollTaxesGrp/TotalAmt03821
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0616
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0366
IRS990/PrincipalOfficerNm0Robert Marsh
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0435070
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0226025
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt090743
IRS990/PYSalariesCompEmpBnftPaidAmt0118302
IRS990/PYTotalExpensesAmt0344327
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0435070
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-159641
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt010000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other revenues used to consist of rents from subletting space to nonprofit organizations.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0127414
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0435070
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0109607
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0193039
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0469211
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01334341
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0249
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0249
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0338906
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02177964
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0676393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03193263
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0249
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0249
IRS990ScheduleA/InvestmentIncomeCYPct00.00005
IRS990ScheduleA/InvestmentIncomePYPct00.00003
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt049918
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0269041
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0-2783
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0316176
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93261
IRS990ScheduleA/PublicSupportPY509Pct00.91804
IRS990ScheduleA/PublicSupportTotal509Amt04517604
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt010000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0127414
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0435070
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0448513
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02371003
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01145604
IRS990ScheduleA/Total509Grp/TotalAmt04527604
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0127414
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0435070
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0498680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02640044
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01142821
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04844029
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt03
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0197495
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Tech Consulting
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/TotalEmployeeCnt03
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0197495
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Inveneo has no Board subcommittees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Inveneo hired a paid preparer to draft the 990. Management and a member of the Board reviewed the 990 and provided changes to the preparer, who then prepared the final 990 return and provided to the Organization to file. Form 990,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Inveneo employees have a duty to promptly disclose any transaction they believe may involve a conflict of interest. When any Inveneo employee becomes aware of a conflict of interest transaction (whether before or after the transaction takes place) each employee is expected to disclose to the Chief Executive Officer (CEO) all material facts regarding the nature of the conflict of interest and the parties involved. When informed of the details of the transaction(s), the CEO determines if a conflict exists, and if so, the remedy to ensure the transaction is reasonable. Employees or Board members involved in the potential conflict of interest and other information that supported the decision-making process are kept with notes of the compensation meeting. Compensation of Inveneo's other key employees is set by the Executive Director and the Inveneo Board of Directors. The Executive Director considers of comparable organizations in terms of size of revenues and scope of responsibilities, to ensure compensation is reasonable. Documents determining the compensation of Inveneo's Executive Director. In making its determination, the Board considers compensation information member or a person affiliated with a Board member will be considered, said Director shall disclose to the other members of the Board all transaction are excluded from the decision-making process. At any Board of Directors meeting when a transaction involving a Board member or a person affiliated with a Board member will be considered, said Director shall disclose to the other members of the Board all material facts regarding the nature of the transaction or the Director's affiliation with any person or entity with whom the Board is considering entering into any transaction. After a conflict of interest disclosure is made by a director at a Board meeting, said Director shall leave the meeting while the implications of the affiliation are considered and voted upon. The remaining Board members shall determine whether a conflict of interest exists.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Inveneo Board of Directors, excluding any person with a conflict of interest, is responsible for determining the compensation of Inveneo's Executive Director. In making its determination, the Board considers compensation information of comparable organizations in terms of size of revenues and scope of responsibilities, to ensure compensation is reasonable. Documents and other information that supported the decision-making process are kept with notes of the compensation meeting. Compensation of Inveneo's other key employees is set by the Executive Director and the Inveneo Board of Directors. The Executive Director considers compensation information of comparable organizations to ensure reasonableness. This information is shared with the Board of Directors and is kept with the notes of the meeting(s).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Inveneo provides copies of its governing documents, conflict of interest policy and its financial statements to the public upon reasonable request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Technical consulting and services for implementation of IT hardware in projects in Africa.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Information technology, parts and hardware for projects in Africa.
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 IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0135649
IRS990/TotalAssetsEOYAmt0164304
IRS990/TotalAssetsGrp/BOYAmt0135649
IRS990/TotalAssetsGrp/EOYAmt0164304
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0127414

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings