Civic Intelligence

De Novo Group

990 • Fiscal year 2020 • EIN 26-3544198

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 22, 2020

521 Bonnie DriveEl Cerrito, CA 94530

(510) 545-6717

Siviq Scores

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

Liabilities / Assets

45th percentile

0.07x

Higher debt load relative to assets than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

51st percentile

5.7%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$263,017

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

55th percentile

8.3%

Faster asset growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

24%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$720,990

Up $55,190 (+8.3%) from 2019

Net Assets

Up

$667,547

Up $87,579 (+15%) from 2019

Liabilities

Down

$53,443

Down $32,389 (-38%) from 2019

Revenue

Up

$1,549,360

Up $298,533 (+24%) from 2019

Expenses

Up

$1,461,781

Up $552,486 (+61%) from 2019

Net Income

Down

$87,579

Down $253,953 (-74%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $239,901Liabilities 2016: $835Net Assets 2016: $239,0662016Assets 2017: $174,473Liabilities 2017: $835Net Assets 2017: $173,6382017Assets 2018: $253,712Liabilities 2018: $15,276Net Assets 2018: $238,4362018Assets 2019: $665,800Liabilities 2019: $85,832Net Assets 2019: $579,9682019Assets 2020: $720,990Liabilities 2020: $53,443Net Assets 2020: $667,5472020Assets 2021: $656,562Liabilities 2021: $2,670Net Assets 2021: $653,8922021Assets 2022: $295,443Liabilities 2022: $7,871Net Assets 2022: $287,5722022Assets 2023: $170,966Liabilities 2023: $6,369Net Assets 2023: $164,5972023

Highlighted filing

2020

Assets$720,990
Liabilities$53,443
Net Assets$667,547

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $810,473Expenses 2016: $835,913Net Income 2016: -$25,4402016Revenue 2017: $530,521Expenses 2017: $549,967Net Income 2017: -$19,4462017Revenue 2018: $879,670Expenses 2018: $814,872Net Income 2018: $64,7982018Revenue 2019: $1,250,827Expenses 2019: $909,295Net Income 2019: $341,5322019Revenue 2020: $1,549,360Expenses 2020: $1,461,781Net Income 2020: $87,5792020Revenue 2021: $608,890Expenses 2021: $622,545Net Income 2021: -$13,6552021Revenue 2022: $0Expenses 2022: $366,320Net Income 2022: -$366,3202022Revenue 2023: $27,561Expenses 2023: $150,536Net Income 2023: -$122,9752023

Highlighted filing

2020

Revenue$1,549,360
Expenses$1,461,781
Net Income$87,579
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 22, 2020
Return Version
2019v5.0
Gross Receipts
$1,549,360
Mission and Program Overview

Mission

We turn cutting-edge research into sustainable solutions to impact developing communities.

De Novo Group bridges the gap between research and impact by turning novel university research into applicable technological solutions to improve the quality of life in rural and developing communities worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$637,568$644,179▲ $6,611
Land, Buildings, and Equipment, Net$28,232$74,901▲ $46,669
Prepaid Expenses and Deferred Charges-$1,910-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$665,800$720,990▲ $55,190
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$85,832$53,443▼ $32,389
Total Liabilities$85,832$53,443▼ $32,389
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$579,968$667,547▲ $87,579
Total Net Assets Fund Balance$579,968$667,547▲ $87,579
Total Liabilities and Net Assets / Fund Balance$665,800$720,990▲ $55,190

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$74,901$50,724$125,625
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yahel Ben-DavidPresident & EDFT$218,629$44,388$263,017
Tamir ScheinokTreasurer/CFOFT$104,090$19,899$123,989

Board Members and Trustees

NameTitle
AnnaLee SaxenianBoard Member
Eric BrewerBoard Member
Dr Rabin PatraSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,549,360
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$87,579
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$926,535
Salaries, Compensation, and Employee Benefits$535,246
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$403,890$100,973-$504,863
Fees for Services Other$342,685--$342,685
Travel$48,043$12-$48,055
Payroll Taxes$24,307$6,076-$30,383
Information Technology$19,067$2,118-$21,185
Depreciation Depletion$17,531$1,948-$19,479
Fees for Services Accounting-$19,016-$19,016
Occupancy$13,479$1,498-$14,977
Insurance$9,965$1,107-$11,072
Office Expenses$8,449$938-$9,387
Fees for Services Legal$7,781$865-$8,646
Other Expenses$3,987$443-$4,430
Conferences and Meetings$2,615$291-$2,906
Advertising$1,124--$1,124
Total Functional Expenses$1,319,427$142,354$0$1,461,781
International Activity

International Summary

Employees
4
Spending
$59,847

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
South AsiaProgram servicesSoftware develop consultant04$59,847
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
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

Internal Review, Review by external accounting services with expertise non-profit administration, review by CPA specialised in Non-profits

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Review of Non-profit market data, review by outside counsel, review and approval by independent directors/ board.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Review of Non-profit market data, review by outside counsel, review and approval by independent directors/ board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
De Novo Group
EIN
26-3544198
Phone
5105456717
Address
521 Bonnie Drive, El Cerrito, CA 94530

Signing Officer

Name
Tamir Scheinok
Title
CFO & COO
Signed
2020-12-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yahel Ben-David
Formed
2008
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
2
Volunteers
3

Preparer

Firm
Crosby & Kaneda CPAs LLP
Address
1970 Broadway STE 930, Oakland, CA 94612
Preparer
Mengdi Tang CPA
Phone
5108352727
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IRS990/Desc0Program: Further ReachFurther Reach has continued to expand its service area to bring broadband Internet connectivity to un/underserved areas. We increased our network speed to now offer up to 110Mbs symmetric connections. We built, what we believe to be, the worlds highest capacity solar power relay station. We have improved our process for installation radio gear in trees. As about 40% of new installations are in trees, it is imperative that we improve our success rate using custom drone technology. We improved reliability using new mounting techniques. We were able to comfortably expand network capacity as usage patterns increased sharply due to COVID. We rolled out new discount programs for those experiencing financial hardship. We added phone support, office hours and the ability to schedule calls - a fan favorite of the local community.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Program: CelerateThe open source WISP Controller project has matured greatly this year. The product design and development team has growth with the addition of a new Head of Product and new developers. We have reworked our management process to better organize our short and long term priorities and to drive efficiency and increasing speed into our weekly development cycle. We have rebuilt our development and staging environments and deployment processes.New capabilities have been added to the controller including: hierarchical smokeping for the node dashboard, the customer agreement and customizable order form have been deeply integrated into the controller to ensure agreements are clearly memorialized, a notification module that can be configured to send notices to a Slack channel or by email, as well as many smaller enhancements and bug fixes.
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt032
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0358780
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0358817
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt078
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0213
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01549360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01250248
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0879609
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0530016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0450756
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04659989
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0213
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0573
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0422
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0837
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01832
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99600
IRS990ScheduleA/PublicSupportTotal509Amt05018806
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01549360
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01250248
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0879641
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0530021
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0809536
IRS990ScheduleA/Total509Grp/TotalAmt05018806
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01549360
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01250827
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0879670
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0530521
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0810473
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05020851
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt074901
IRS990ScheduleD/EquipmentGrp/DepreciationAmt050724
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0125625
IRS990ScheduleD/TotalBookValueLandBuildingsAmt074901
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt04
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt059847
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Software develop consultant
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalSpentAmt059847
IRS990ScheduleF/TotalEmployeeCnt04
IRS990ScheduleF/TotalSpentAmt059847
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0218629
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt06122
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt038266
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Yahel Ben-David
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & ED
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0263017
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Internal Review, Review by external accounting services with expertise non-profit administration, review by CPA specialised in Non-profits
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Review of Non-profit market data, review by outside counsel, review and approval by independent directors/ board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Review of Non-profit market data, review by outside counsel, review and approval by independent directors/ board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0665800
IRS990/TotalAssetsEOYAmt0720990
IRS990/TotalAssetsGrp/BOYAmt0665800
IRS990/TotalAssetsGrp/EOYAmt0720990
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0142354
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01319427
IRS990/TotalFunctionalExpensesGrp/TotalAmt01461781
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt085832
IRS990/TotalLiabilitiesEOYAmt053443
IRS990/TotalLiabilitiesGrp/BOYAmt085832
IRS990/TotalLiabilitiesGrp/EOYAmt053443
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0579968
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0667547
IRS990/TotalOtherCompensationAmt064287
IRS990/TotalProgramServiceExpensesAmt01319427
IRS990/TotalProgramServiceRevenueAmt01549360

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