Civic Intelligence

Urban Innovation21

990 • Fiscal year 2011 • EIN 26-0379369

Jul 01, 2010 to Jun 30, 2011 • Filed on May 08, 2012

1901 Centre Avenue No 30015219
Siviq Scores

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

Liabilities / Assets

82nd percentile

0.53x

Higher debt load relative to assets than 82% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

91st percentile

58%

Faster asset growth than 91% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$779,502

Up $286,870 (+58%) from 2010

Net Assets

Up

$370,087

Up $78,704 (+27%) from 2010

Liabilities

Up

$409,415

Up $208,166 (+103%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$354,564

Down $41,894 (-11%) from 2010

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.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $492,632Liabilities 2010: $201,249Net Assets 2010: $291,3832010Assets 2011: $779,502Liabilities 2011: $409,415Net Assets 2011: $370,0872011Assets 2013: $1,482,796Liabilities 2013: $1,072,315Net Assets 2013: $410,4812013Assets 2014: $1,102,166Liabilities 2014: $687,560Net Assets 2014: $414,6062014Assets 2015: $1,528,404Liabilities 2015: $1,101,130Net Assets 2015: $427,2742015Assets 2016: $1,426,771Liabilities 2016: $1,024,495Net Assets 2016: $402,2762016Assets 2017: $1,316,155Liabilities 2017: $1,157,216Net Assets 2017: $158,9392017Assets 2018: $851,356Liabilities 2018: $573,179Net Assets 2018: $278,1772018

Highlighted filing

2011

Assets$779,502
Liabilities$409,415
Net Assets$370,087

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $290,490Expenses 2010: $396,458Net Income 2010: -$105,9682010Expenses 2011: $354,5642011Expenses 2013: $1,491,2712013Revenue 2014: $1,377,927Expenses 2014: $1,373,802Net Income 2014: $4,1252014Revenue 2015: $1,572,151Expenses 2015: $1,559,483Net Income 2015: $12,6682015Revenue 2016: $1,671,071Expenses 2016: $1,696,069Net Income 2016: -$24,9982016Revenue 2017: $2,141,063Expenses 2017: $2,384,400Net Income 2017: -$243,3372017Revenue 2018: $1,844,138Expenses 2018: $1,724,900Net Income 2018: $119,2382018

Highlighted filing

2011

Revenue-
Expenses$354,564
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
May 8, 2012
Return Version
2010v3.4
Gross Receipts
$433,268
Mission and Program Overview

Mission

Urban innovation21, administrator of the pittsburgh central keystone innovation zone (pckiz) is a public-private partnership that boosts regional economic development through 21st century innovation-driven entrepreneurship. Urban innovation21 links successful innovation economy clusters with the needs and assets of underserved communities by designing and implementing programs, building strategic bridges and teaming up with existing organizations and initiatives. Urban innovation21 believes that an inclusive innovation economy is key in increasing regional competitiveness and sustainability.because of its success and creativity in administering the kiz program, urban innovation21 was renamed in january of 2012 by then, pckiz board of directors, to increase the breadth of the pckiz's work and to support initiatives that are outside the defined boundary of the pckiz.

Major Activities

Activity 2
Internships - students from affiliated universities team up with local startups in paid internships. The program expands students' professional networks and increases their employment marketability while building capacity in small, young companies.
Filing and Contact Details

Filer

EIN
26-0379369
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IRS990ScheduleO/GeneralExplanation/Explanation0THE AFFILIATION AGREEMENT PROVIDES THAT EACH AFFILIATE IS ENTITLED TO APPOINT ONE APPOINTED DIRECTOR TO THE CORPORATION'S BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation1THE BOARD WILL BE PROVIDED A COPY OF FORM 990 PRIOR TO THE FILING DATE.
IRS990ScheduleO/GeneralExplanation/Explanation2MEMBERS OF THE BOARD ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/GeneralExplanation/Explanation3EVERY SALARY ACTION IS FIRST DISCUSSED WITH THE THREE MEMBERS OF THE EXECUTIVE COMMITTEE, WHICH CONSISTS OF THE BOARD CHAIR, TREASURER, AND VICE PRESIDENT. THE BOARD CHAIR ALSO CONSULTS WITH PROFESSIONALS FAMILIAR WITH COMPENSATION PACKAGES GIVEN TO EMPLOYEES WITH SIMILAR TITLES AND IN SIMILAR POSITIONS AS THE EXECUTIVE DIRECTOR. THE COMPENSATION PACKAGE IS THEN PRESENTED TO THE ENTIRE BOARD FOR APPROVAL.
IRS990ScheduleO/GeneralExplanation/Explanation4WILL BE PROVIDED UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE ORGANIZATION HAS AN AUDIT AND FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation6THE WHISTLEBLOWER POLICY WAS PASSED AFTER THE JUNE 30, 2011 YEAR END.
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IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10WILLIAM GENERETT JR JD
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