Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Balance Sheet
Assets
Up$125,949
Up $38,430 (+44%) from 2015
Net Assets
Up$124,720
Up $41,109 (+49%) from 2015
Liabilities
Down$1,229
Down $2,679 (-69%) from 2015
Revenue And Expenses
Revenue
Up$139,754
Up $24,969 (+22%) from 2015
Expenses
Up$98,645
Up $15,245 (+18%) from 2015
Net Income
Up$41,109
Up $9,724 (+31%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- May 15, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $139,754
Mission and Program Overview
Mission
To provide technical, administrative, and infrastructure support to entrepreneurs and serve as a catalyst for innovation and economic growth in the raleigh and triangle area
To act as a catalyst, connector and convener of innovative enterprises and thinkers in Raleigh and the Triangle.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| To provide technical, administrative, and infrastructure support to entrepreneurs and serve as a catalyst for innovation and economic grown in the Raleigh and Triangle area. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jason Widen | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Innovate Raleigh
- EIN
- 26-2891963
- Phone
- 9193006917
- Address
- 310 S Harrington St, Raleigh, NC 27601
Signing Officer
- Name
- Jason Widen
- Title
- Treasurer
- Signed
- 2017-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Sevrina Tax & Accounting Services Inc
- Address
- 11801 Domain Blvd 3rd Floor, Austin, TX 78578
- Preparer
- Rachel David EA
- Phone
- 5129696822
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $6751”
Other Expenses.1002
“Office Expenses $2669”
Other Expenses.1005
“Travel $1735”
Other Expenses.1007
“Conferences, Conventions, and Meetings $6052”
Other Expenses.1012
“Insurance $1867”
Other Expenses.1
“Charitable Contributions $1470”
Other Assets.1005
“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $5000”
Other Assets.1
“Due to/From Forward Impact - Beginning $1500 Due to/From Forward Impact - Ending $1500”
Other Assets.2
“Due to/From HQ Raleigh - Beginning $1274 Due to/From HQ Raleigh - Ending $1274”
Other Assets.3
“Organizational Cost - Beginning $900 Organizational Cost - Ending $900”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $1789 Accounts Payable and Accrued Expenses - Ending $521”
Total Liabilities.1
“Payroll Liabilities - Beginning $2119 Payroll Liabilities - Ending $708”
Raw XML Appendix151 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Jason Widen |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9193006917 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 310 S Harrington St |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Raleigh |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27601 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 83845 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 117275 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 139750 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 41109 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 14348 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 87519 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 125949 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 139754 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 4 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 83611 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 124720 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 83611 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 124720 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3346 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Jason Widen |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3674 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 8674 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 20544 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To act as a catalyst, connector and convener of innovative enterprises and thinkers in Raleigh and the Triangle. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 93 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | To provide technical, administrative, and infrastructure support to entrepreneurs and serve as a catalyst for innovation and economic grown in the Raleigh and Triangle area. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 60314 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3908 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1229 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 98645 |
| IRS990EZ/TotalRevenueAmt | 0 | 139754 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | innovateraleigh.com |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 132390 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 103500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 92500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 328390 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 328390 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 132390 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 103500 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 92500 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 328390 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 132390 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 103500 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 92500 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 328390 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $6751 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $2669 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $1735 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Conferences, Conventions, and Meetings $6052 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Insurance $1867 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Charitable Contributions $1470 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Accounts Receivable - Beginning $0 Accounts Receivable - Ending $5000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Due to/From Forward Impact - Beginning $1500 Due to/From Forward Impact - Ending $1500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Due to/From HQ Raleigh - Beginning $1274 Due to/From HQ Raleigh - Ending $1274 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Organizational Cost - Beginning $900 Organizational Cost - Ending $900 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Accounts Payable and Accrued Expenses - Beginning $1789 Accounts Payable and Accrued Expenses - Ending $521 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Payroll Liabilities - Beginning $2119 Payroll Liabilities - Ending $708 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Assets.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jason Widen |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Innovate Raleigh |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INNO |
| ReturnHeader/Filer/EIN | 0 | 262891963 |
| ReturnHeader/Filer/PhoneNum | 0 | 9193006917 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 310 S Harrington St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Raleigh |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27601 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Sevrina Tax & Accounting Services Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 11801 Domain Blvd 3rd Floor |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Austin |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 78578 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5129696822 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Rachel David EA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2017-08-23T09:01:18-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $125,949
- Liabilities
- $1,229
- Net assets
- $124,720
- Revenue
- $139,754
- Expenses
- $98,645
- Net income
- $41,109