Civic Intelligence

Connecticut Invention Convention Inc.

990 • Fiscal year 2017 • EIN 22-3173317

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 06, 2018

PO Box 230311Hartford, CT 06123

(860) 793-5299

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

8th percentile

-48%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

97th percentile

$87,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 25.1% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

4th percentile

-75%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

18th percentile

-28%

Faster revenue growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$78,874

Down $240,176 (-75%) from 2016

Net Assets

Down

$78,826

Down $165,055 (-68%) from 2016

Liabilities

Down

$48

Down $75,121 (-100%) from 2016

Revenue

Down

$346,566

Down $136,624 (-28%) from 2016

Expenses

Up

$511,621

Up $69,833 (+16%) from 2016

Net Income

Down

-$165,055

Down $206,457 (-499%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $122,629Liabilities 2010: $0Net Assets 2010: $122,6292010Assets 2011: $167,758Liabilities 2011: $0Net Assets 2011: $167,7582011Assets 2012: $153,204Liabilities 2012: $0Net Assets 2012: $153,2042012Assets 2013: $191,736Liabilities 2013: $0Net Assets 2013: $191,7362013Assets 2014: $234,323Liabilities 2014: $0Net Assets 2014: $234,3232014Assets 2015: $202,478Liabilities 2015: $0Net Assets 2015: $202,4782015Assets 2016: $319,050Liabilities 2016: $75,169Net Assets 2016: $243,8812016Assets 2017: $78,874Liabilities 2017: $48Net Assets 2017: $78,8262017Assets 2018: $95,257Liabilities 2018: $21Net Assets 2018: $95,2362018Assets 2019: $173,140Liabilities 2019: $1,590Net Assets 2019: $171,5502019Assets 2020: $266,838Liabilities 2020: $26,263Net Assets 2020: $240,5752020Assets 2021: $478,112Liabilities 2021: $17,697Net Assets 2021: $460,4152021Assets 2022: $786,925Liabilities 2022: $53,547Net Assets 2022: $733,3782022Assets 2023: $919,699Liabilities 2023: $41,886Net Assets 2023: $877,8132023Assets 2024: $1,176,093Liabilities 2024: $165,939Net Assets 2024: $1,010,1542024

Highlighted filing

2017

Assets$78,874
Liabilities$48
Net Assets$78,826

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $128,592Expenses 2010: $121,544Net Income 2010: $7,0482010Expenses 2011: $155,4662011Expenses 2012: $224,5282012Expenses 2013: $210,5292013Revenue 2014: $329,430Expenses 2014: $286,843Net Income 2014: $42,5872014Revenue 2015: $311,085Expenses 2015: $342,930Net Income 2015: -$31,8452015Revenue 2016: $483,190Expenses 2016: $441,788Net Income 2016: $41,4022016Revenue 2017: $346,566Expenses 2017: $511,621Net Income 2017: -$165,0552017Revenue 2018: $452,655Expenses 2018: $436,245Net Income 2018: $16,4102018Revenue 2019: $458,187Expenses 2019: $381,873Net Income 2019: $76,3142019Revenue 2020: $325,964Expenses 2020: $256,939Net Income 2020: $69,0252020Revenue 2021: $522,682Expenses 2021: $342,020Net Income 2021: $180,6622021Revenue 2022: $691,437Expenses 2022: $418,474Net Income 2022: $272,9632022Revenue 2023: $713,983Expenses 2023: $569,548Net Income 2023: $144,4352023Revenue 2024: $889,949Expenses 2024: $757,608Net Income 2024: $132,3412024

Highlighted filing

2017

Revenue$346,566
Expenses$511,621
Net Income-$165,055
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 6, 2018
Return Version
2016v3.0
Gross Receipts
$346,566
Mission and Program Overview

Mission

To provide children of ct with opportunities to develop critical thinking and problem solving skills through invention & innovation, instilling the creative spirit in students today and for the rest of their lives.

To provide children of Connecticut with opportunities to develop critical thinking and problem solving skills through invention and innovation, instilling the creative spirit in students today and for the rest of their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$319,050$78,874▼ $240,176
Rtn Earn Endowment Incm Other Fnds$243,881$78,826▼ $165,055
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$319,050$78,874▼ $240,176
Liabilities
Other Liabilities$74,995$0▼ $74,995
Accounts Payable and Accrued Expenses$174$48▼ $126
Total Liabilities$75,169$48▼ $75,121
Net Assets / Fund Balance
Total Net Assets Fund Balance$243,881$78,826▼ $165,055
Total Liabilities and Net Assets / Fund Balance$319,050$78,874▼ $240,176
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charov HelenOutgoing Executive DirectorFT$87,000$87,000
Katz RonaldExecutive Director 10/16FT$19,229$19,229

Board Members and Trustees

NameTitle
O'TOOLE JOHNdirector/PRESIDENT
giannaros DemetriosDirector/vice President
Kirkwood JenniferOutgoing Director/vice President
Bachman DwightDIrector
Baron Ericdirector
Burkey DanDirector
Inga SandraDIREctor
briere Dannydirector
malla rameshdirector
richmond sonyaDirector
Wilson TerryDirector/secretary
MOYER WilliamDirector/treasurer
Phillips NickOUTGOING Director
Sauer TrishaOUTGOING Director
Wood MartyOUTGOING Director
Revenue and Support

Revenue Composition

Contributions and Grants
$277,180
Program Service Revenue
$69,373
Investment Income
$13
Other Revenue
$0
All Other Contributions
$277,180
Change in Net Assets
$-165,055
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$304,846
Other Expenses$195,003
Total Fundraising Expense$41,595
Grants and Similar Amounts Paid$11,772
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$162,943$11,480$1,856$176,279
Current Officers, Directors, Trustees, and Key Employees$49,944$16,796$39,739$106,479
Travel$25,739$2,860-$28,599
Information Technology$24,725$2,747-$27,472
Office Expenses$21,415$2,379-$23,794
Payroll Taxes$19,879$2,209-$22,088
Fees for Services Other$15,286$1,698-$16,984
Grants to Domestic Orgs$11,772--$11,772
Other Expenses$4,608$512-$5,120
All Other Expenses$3,597$400-$3,997
Insurance$3,044$338-$3,382
Advertising$2,255$251-$2,506
Conferences and Meetings$1,226$135-$1,361
Fees for Services Accounting-$970-$970
Total Functional Expenses$419,169$50,857$41,595$511,621
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
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
No
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 B, line 11B

The Treasurer reviews the tax return with the executive committee of officers and with the board of directors prior to approval and filing of the tax return.

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

THE BOARD OF DIRECTORS HAS ENACTED WRITTEN POLICIES AND PROCEDURES for officers, directors and employees to disclose interests that could give rise to conflict. The policy and potential conflicts are reviewed by the board of directors on an ongoing basis at least annualy and more frequent as the need arises.

Form 990, Part VI, Section B, line 15

The compensation of employees is determined and reviewed by the Board of Directors whom remain independent from the employees. The Board uses comparibilty data provided by independent service providers in determining compensation.

Form 990, Part VI, Section C, line 19

Available upon request

Filing and Contact Details

Filer

Filer Name
Connecticut Invention Convention
EIN
22-3173317
Phone
8607935299
Address
PO Box 230311, Hartford, CT 06123

Signing Officer

Name
William Moyer
Title
Treasurer
Phone
8606050885
Signed
2018-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Moyer
Formed
1992
Legal Domicile
Ct
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
50

Preparer

Firm
Cohnreznick Llp
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Gerald S Fawthrop
Phone
9592007000
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IRS990/Desc0THE ORGANIZATION CONDUCTS A YEAR-ROUND STEM PROGRAM OF K-8 CLASSROOM-BASED INSTRUCTION IN INVENTION, INNOVATION AND ENTREPRENEURSHIP, CULMINATING WITH AN ANNUAL FINALS EVENT, DRAWN FROM OVER 200 LOCAL EVENTS, TO DISPLAY, ADJUDICATE, AND RECOGNIZE YOUNG INVENTORS AND ENTREPRENEURS INVENTIONS, PROTOTYPES AND PRODUCTS.
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IRS990/MissionDesc0To provide children of Connecticut with opportunities to develop critical thinking and problem solving skills through invention and innovation, instilling the creative spirit in students today and for the rest of their lives.
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IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0243881
IRS990/NetAssetsOrFundBalancesEOYAmt078826
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02379
IRS990/OfficeExpensesGrp/ProgramServicesAmt021415
IRS990/OfficeExpensesGrp/TotalAmt023794
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0State event day
IRS990/OtherExpensesGrp/Desc1interns
IRS990/OtherExpensesGrp/Desc2Fundraising services
IRS990/OtherExpensesGrp/Desc3student expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05535
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11830
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2717
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3512
IRS990/OtherExpensesGrp/ProgramServicesAmt049813
IRS990/OtherExpensesGrp/ProgramServicesAmt116470
IRS990/OtherExpensesGrp/ProgramServicesAmt26453
IRS990/OtherExpensesGrp/ProgramServicesAmt34608
IRS990/OtherExpensesGrp/TotalAmt055348
IRS990/OtherExpensesGrp/TotalAmt118300
IRS990/OtherExpensesGrp/TotalAmt27170
IRS990/OtherExpensesGrp/TotalAmt35120
IRS990/OtherLiabilitiesGrp/BOYAmt074995
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01856
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011480
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0162943
IRS990/OtherSalariesAndWagesGrp/TotalAmt0176279
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02209
IRS990/PayrollTaxesGrp/ProgramServicesAmt019879
IRS990/PayrollTaxesGrp/TotalAmt022088
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0William Moyer
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0EVENT REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc1Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt064623
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt064623
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14750
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0435277
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt033998
IRS990/PYInvestmentIncomeAmt021
IRS990/PYOtherExpensesAmt0165003
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt047892
IRS990/PYRevenuesLessExpensesAmt041402
IRS990/PYSalariesCompEmpBnftPaidAmt0242787
IRS990/PYTotalExpensesAmt0441788
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0483190
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-165055
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt069373
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0243881
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt078826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0277180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0460272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0275317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0289183
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0221900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01523852
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0129
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0220346
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81670
IRS990ScheduleA/PublicSupportPY170Pct00.76680
IRS990ScheduleA/PublicSupportTotal170Amt01244672
IRS990ScheduleA/SubstantialContributorsTotAmt0279180
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0277180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0460272
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0275317
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0289183
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0221900
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01523852
IRS990ScheduleA/TotalSupportAmt01523981
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Treasurer reviews the tax return with the executive committee of officers and with the board of directors prior to approval and filing of the tax return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS HAS ENACTED WRITTEN POLICIES AND PROCEDURES for officers, directors and employees to disclose interests that could give rise to conflict. The policy and potential conflicts are reviewed by the board of directors on an ongoing basis at least annualy and more frequent as the need arises.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The compensation of employees is determined and reviewed by the Board of Directors whom remain independent from the employees. The Board uses comparibilty data provided by independent service providers in determining compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0319050
IRS990/TotalAssetsEOYAmt078874
IRS990/TotalAssetsGrp/BOYAmt0319050
IRS990/TotalAssetsGrp/EOYAmt078874
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0277180
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt041595
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050857
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0419169
IRS990/TotalFunctionalExpensesGrp/TotalAmt0511621
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt075169
IRS990/TotalLiabilitiesEOYAmt048

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.18$0.17$1.01$0.89$0.76$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.92$0.04$0.88$0.71$0.57$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.05$0.73$0.69$0.42$0.27
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.02$0.46$0.52$0.34$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.27$0.03$0.24$0.33$0.26$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.46$0.38$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.45$0.44$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.35$0.51$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.08$0.24$0.48$0.44$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.31$0.34$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.33$0.29$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$0.13$0.12$0.01