Civic Intelligence

Inteleos Ultrasound Foundation Inc

EIN 22-3749930 • 501(c)3 • Rockville, MD

Profile

The mission of the Inteleos UltraSound Foundation (IUF) is to improve global patient safety through education, training, and assessments that establish continuous proficiency for healthcare professionals. IUF directly supports the mission of Inteleos, ensuring that future programs will meet the needs of our stakeholders in an everchanging global healthcare environment.

1401 Rockville Pike 600Rockville, MD 20852

www.inteleosfoundation.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Top Officer Pay

100th percentile

$580,470

Higher top officer pay than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Assets

Down

$0

Down $297,979 (-100%) from 2022

Liabilities

Down

$0

Down $224,395 (-100%) from 2022

Net Assets

Down

$0

Down $73,584 (-100%) from 2022

Revenue

Flat

$0

Flat from 2022

Expenses

Up

$73,584

Up $73,584 from 2022

Net Income

Down

-$73,584

Down $73,584 from 2022

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2010: $39,343Liabilities 2010: $2402010Assets 2011: $26,129Liabilities 2011: $2672011Assets 2012: $25,983Liabilities 2012: $13,298Net Assets 2012: $12,6852012Assets 2013: $12,810Liabilities 2013: $13,305Net Assets 2013: -$4952013Assets 2014: $2,651Liabilities 2014: $3,482Net Assets 2014: -$8312014Assets 2015: $2,509Liabilities 2015: $3,482Net Assets 2015: -$9732015Assets 2016: $10,952Liabilities 2016: $6,980Net Assets 2016: $3,9722016Assets 2017: $10,952Liabilities 2017: $6,980Net Assets 2017: $3,9722017Assets 2018: $10,922Liabilities 2018: $6,980Net Assets 2018: $3,9422018Assets 2019: $10,906Liabilities 2019: $6,9802019Assets 2020: $10,882Liabilities 2020: $30,4102020Assets 2022: $297,979Liabilities 2022: $224,395Net Assets 2022: $73,5842022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2010: $40Expenses 2010: $175Net Income 2010: -$1352010Revenue 2011: $24Expenses 2011: $13,265Net Income 2011: -$13,2412011Revenue 2012: $45Expenses 2012: $13,222Net Income 2012: -$13,1772012Revenue 2013: $1Expenses 2013: $13,181Net Income 2013: -$13,1802013Revenue 2014: $46Expenses 2014: $382Net Income 2014: -$3362014Revenue 2015: $83Expenses 2015: $225Net Income 2015: -$1422015Revenue 2016: $8,458Expenses 2016: $3,513Net Income 2016: $4,9452016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $30Net Income 2018: -$302018Revenue 2019: $0Expenses 2019: $16Net Income 2019: -$162019Revenue 2020: $2,238Expenses 2020: $25,692Net Income 2020: -$23,4542020Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $73,584Net Income 2023: -$73,5842023

Highlighted filing

2023

Revenue$0
Expenses$73,584
Net Income-$73,584

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 3, 2024
Return Version
2023v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

The breast ultrasound foundation's mission is to increase public and professional awareness of the role of quality ultrasound in the detection and management of breast cancer and in women's health.

To improve global patient safety through education, training, and assessments that establish continuous proficiency for healthcare professionals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$297,979$0▼ $297,979
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$297,979$0▼ $297,979
Other Assets Total-$0-
Liabilities
Other Liabilities$224,395$0▼ $224,395
Total Liabilities$224,395$0▼ $224,395
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$73,584$0▼ $73,584
Total Net Assets Fund Balance$73,584$0▼ $73,584
Total Liabilities and Net Assets / Fund Balance$297,979$0▼ $297,979
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-73,584
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$73,584
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$73,584--$73,584
Total Functional Expenses$73,584$0$0$73,584
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Inteleos FoundationRockville, MD501(c)(3)Transfer of equity$73,584
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
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
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is prepared by an independent accountant and provided to the board and finance department for review before filing with the irs.

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

All board members are required to sign the conflict of interest policy when they come onto the board. Company executives and volunteers are required to state any conflicts of interest. If a conflict were to be mentioned, the organization would investigate to determine the nature of the reported conflict and take appropriate action. At the beginning of each year both officers and staff are required to reaffirm this policy.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents available to the public upon reasonable request.

Filing and Contact Details

Filer

Filer Name
Inteleos Ultrasound Foundation Inc
EIN
22-3749930
Phone
2403861608
Address
1401 Rockville Pike 600, Rockville, MD 20852

Signing Officer

Name
Wendy Reeling
Title
Chief Financial Officer
Phone
2403861608
Signed
2024-10-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dale Cyr
Formed
2020
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Aprio LLP
Address
111 Rockville Pike Suite 600, Rockville, MD 20850
Preparer
Stacy Cullen
Phone
3012316200
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 3

In December 2023, the Inteleos Board of Directors approved the dissolution of the Inteleos Ultrasound Foundation and ceased conducting programs.

Form 990, Part XII, Line 2C

The audit oversight process has remained unchanged from the prior year.

Financial Statement Notes

Part X, Line 2:

Inteleos evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50 percent likely of being realized upon ultimate settlement. As of December 31, 2023 and 2022, there are no accruals for uncertain tax positions. If applicable, Inteleos records interest and penalties as a component of income tax expense. Tax years from 2020 through the current year remain open for examination by tax authorities.

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IRS990/MissionDesc0The mission of the Inteleos UltraSound Foundation (IUF) is to improve global patient safety through education, training, and assessments that establish continuous proficiency for healthcare professionals. IUF directly supports the mission of Inteleos, ensuring that future programs will meet the needs of our stakeholders in an everchanging global healthcare environment.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The board ensures that expenditures made by the Inteleos UltraSound Foundation every year are exclusively for Section 170(c)(2)(b) purposes.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Inteleos evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50 percent likely of being realized upon ultimate settlement. As of December 31, 2023 and 2022, there are no accruals for uncertain tax positions. If applicable, Inteleos records interest and penalties as a component of income tax expense. Tax years from 2020 through the current year remain open for examination by tax authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt073584
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Transfer of equity
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Inteleos Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0863099013
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01401 Rockville Pike Suite 600
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Rockville
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020852
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IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt080000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0476063
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt012500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt011907
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Dale Cyr
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION RELIES ON INTELEOS INC TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR, AS COMPENSATION IS PAID BY INTELEOUS. IN DETERMINING COMPENSATION INTELEOS INC USED THE FOLLOWING METHODS: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleN/AssetsDistributedInd00
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Inteleos Foundation Inc
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-04-19
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0863099013
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt073584
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(c)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01401 Rockville Pike Suite 600
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Rockville
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MD
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IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0In December 2023, the Inteleos Board of Directors approved the dissolution of the Inteleos Ultrasound Foundation and ceased conducting programs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND PROVIDED TO THE BOARD AND FINANCE DEPARTMENT FOR REVIEW BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY WHEN THEY COME ONTO THE BOARD. COMPANY EXECUTIVES AND VOLUNTEERS ARE REQUIRED TO STATE ANY CONFLICTS OF INTEREST. IF A CONFLICT WERE TO BE MENTIONED, THE ORGANIZATION WOULD INVESTIGATE TO DETERMINE THE NATURE OF THE REPORTED CONFLICT AND TAKE APPROPRIATE ACTION. AT THE BEGINNING OF EACH YEAR BOTH OFFICERS AND STAFF ARE REQUIRED TO REAFFIRM THIS POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 3
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 C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Inteleos
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INTELEOS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1INTELEOS FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0510184277
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1863099013
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Certification Organization
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Improve global patient safety through education, training, and assessments.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01401 Rockville Pike Suite 600
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11401 Rockville Pike Suite 600
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Rockville
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Rockville
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MD
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd120852
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0297979
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0297979
IRS990/TotalAssetsGrp/EOYAmt00

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