Civic Intelligence

National Academy of Inventors Inc

EIN 27-2310390 • 501(c)3 • Tampa, FL

Profile

The academy of inventors is 100% deevoted to instructing individuals in an effort to improve skills as inventors and instructing the public as to the benefits of innovation. The sublect matter of the education encompasses essentially the entire fields of applied science with a focus on transformative technology and academic innovation.

3702 Spectrum Blvd RmTampa, FL 33612-9444

www.academyofinventors.org

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

88th percentile

48%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

88th percentile

36%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

51%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$6,591,336

Up $1,746,167 (+36%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$6,591,336

Up $1,746,167 (+36%) from 2023

Revenue

Up

$3,652,522

Up $1,225,798 (+51%) from 2023

Expenses

Up

$1,906,245

Up $704,468 (+59%) from 2023

Net Income

Up

$1,746,277

Up $521,330 (+43%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $20,444Net Assets 2010: $20,4442010Assets 2011: $174,850Liabilities 2011: $128,341Net Assets 2011: $46,5092011Assets 2012: $174,043Liabilities 2012: $128,345Net Assets 2012: $45,6982012Assets 2013: $56,418Net Assets 2013: $56,4182013Assets 2014: $88,320Liabilities 2014: $0Net Assets 2014: $88,3202014Assets 2015: $196,018Liabilities 2015: $0Net Assets 2015: $196,0182015Assets 2016: $716,986Liabilities 2016: $0Net Assets 2016: $716,9862016Assets 2017: $951,710Liabilities 2017: $0Net Assets 2017: $951,7102017Assets 2018: $1,767,320Liabilities 2018: $150,000Net Assets 2018: $1,617,3202018Assets 2019: $2,170,589Liabilities 2019: $0Net Assets 2019: $2,170,5892019Assets 2020: $2,894,340Liabilities 2020: $0Net Assets 2020: $2,894,3402020Assets 2021: $3,256,382Liabilities 2021: $0Net Assets 2021: $3,256,3822021Assets 2022: $3,620,222Liabilities 2022: $0Net Assets 2022: $3,620,2222022Assets 2023: $4,845,169Liabilities 2023: $0Net Assets 2023: $4,845,1692023Assets 2024: $6,591,336Liabilities 2024: $0Net Assets 2024: $6,591,3362024

Highlighted filing

2024

Assets$6,591,336
Liabilities$0
Net Assets$6,591,336

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $26,817Expenses 2010: $6,373Net Income 2010: $20,4442010Revenue 2011: $71,672Expenses 2011: $45,608Net Income 2011: $26,0642011Revenue 2012: $139,191Expenses 2012: $140,002Net Income 2012: -$8112012Revenue 2013: $159,297Expenses 2013: $148,577Net Income 2013: $10,7202013Revenue 2014: $343,342Expenses 2014: $311,440Net Income 2014: $31,9022014Revenue 2015: $563,423Expenses 2015: $442,829Net Income 2015: $120,5942015Revenue 2016: $988,965Expenses 2016: $468,050Net Income 2016: $520,9152016Revenue 2017: $934,596Expenses 2017: $698,786Net Income 2017: $235,8102017Revenue 2018: $1,174,892Expenses 2018: $500,589Net Income 2018: $674,3032018Revenue 2019: $1,217,085Expenses 2019: $813,816Net Income 2019: $403,2692019Revenue 2020: $1,187,584Expenses 2020: $463,833Net Income 2020: $723,7512020Revenue 2021: $1,596,737Expenses 2021: $1,245,965Net Income 2021: $350,7722021Revenue 2022: $1,508,515Expenses 2022: $1,142,456Net Income 2022: $366,0592022Revenue 2023: $2,426,724Expenses 2023: $1,201,777Net Income 2023: $1,224,9472023Revenue 2024: $3,652,522Expenses 2024: $1,906,245Net Income 2024: $1,746,2772024

Highlighted filing

2024

Revenue$3,652,522
Expenses$1,906,245
Net Income$1,746,277

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.59$0.00$6.59$3.65$1.91$1.75
2023Detailed filing. Detailed filing data is available for this year.$4.85$0.00$4.85$2.43$1.20$1.22
2022Detailed filing. Detailed filing data is available for this year.$3.62$0.00$3.62$1.51$1.14$0.37
2021Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$1.60$1.25$0.35
2020Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.89$1.19$0.46$0.72
2019Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$1.22$0.81$0.40
2018Detailed filing. Detailed filing data is available for this year.$1.77$0.15$1.62$1.17$0.50$0.67
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.93$0.70$0.24
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.99$0.47$0.52
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.56$0.44$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.34$0.31$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.16$0.15$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.13$0.05$0.14$0.14$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.13$0.05$0.07$0.05$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.03$0.01$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 17, 2025
Return Version
2024v5.0
Gross Receipts
$3,652,522
Mission and Program Overview

Mission

The academy of inventors is 100% deevoted to instructing individuals in an effort to improve skills as inventors and instructing the public as to the benefits of innovation. The sublect matter of the education encompasses essentially the entire fields of applied science with a focus on transformative technology and academic innovation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,661,434$5,359,519▲ $698,085
Cash and Non-Interest-Bearing Accounts$145,554$1,064,369▲ $918,815
Accounts Receivable-$59,300-
Prepaid Expenses and Deferred Charges$38,181$1,762▼ $36,419
Total Assets$4,845,169$6,591,336▲ $1,746,167
Other Assets Total-$106,386-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,845,169$6,591,336▲ $1,746,167
Total Net Assets Fund Balance$4,845,169$6,591,336▲ $1,746,167
Total Liabilities and Net Assets / Fund Balance$4,845,169$6,591,336▲ $1,746,167
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$892,950
Program Service Revenue
$1,607,567
Investment Income
$26,606
Other Revenue
$1,125,399
All Other Contributions
$892,950
Change in Net Assets
$1,746,277
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,280,382
Salaries, Compensation, and Employee Benefits$625,863
Total Fundraising Expense$24,060
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$625,863--$625,863
Fees for Services Other-$263,923-$263,923
All Other Expenses$53,981$22,386-$76,367
Other Expenses$49,870$24,060$24,060$48,120
Office Expenses-$18,717-$18,717
Conferences and Meetings$15,452--$15,452
Fees for Services Management-$9,765-$9,765
Fees for Services Accounting-$7,625-$7,625
Insurance-$6,676-$6,676
Advertising-$6,203-$6,203
Total Functional Expenses$1,522,830$359,355$24,060$1,906,245
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
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
National Academy of Inventors Inc
EIN
27-2310390
Phone
8139745862
Address
3702 SPECTRUM BLVD RM, TAMPA, FL 33612-9444
Doing Business As
National Academy of Inventors Inc

Signing Officer

Name
Paul R Sanberg
Title
President
Phone
8139745862
Signed
2025-10-17

Organization Details

Principal Officer
Paul R Sanberg
Formed
2009
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
5
Employees
5

Preparer

Firm
Bsk Financial Services Inc
Address
16704 TOBACCO RD, LUTZ, FL 33558
Preparer
Bernard R Skerkowski
Phone
8137582279
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The academy of inventors is 100% deevoted to instructing individuals in an effort to improve skills as inventors and instructing the public as to the benefits of innovation. The sublect matter of the education encompasses essentially the entire fields of applied science with a focus on transformative technology and academic innovation.

Form 990, Page 1, Part I, Line 6

In 2015 he university of south florida employed individuals that were used solely for administration task of the nai

Form 990, Page 2, Part III, Line 4D

Grant for fees: the board has elected to fund an nai reserve for supporting memebers in hardship and retirement. This also includes member institutions who might have budget restrictions and to support support our fellows who may be unable to continue membership due to the fact that they retired and or income has changed.

Form 990, Part IX, Line 11G

Bank service charges 0 1,011 0 conference expenses 0 206,826 0 credit card fees 0 38,411 0 professional fees 0 17,675 0 total 0 263,923 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2121951
IRS990/OtherRevenueTotalAmt01125399
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0625863
IRS990/OtherSalariesAndWagesGrp/TotalAmt0625863
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038181
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01762
IRS990/PrincipalOfficerNm0PAUL R SANBERG
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IRS990/ProgramServiceRevenueGrp/Desc0INSTITUTIONAL MEMBERSHIP
IRS990/ProgramServiceRevenueGrp/Desc1FELLOW DUES
IRS990/ProgramServiceRevenueGrp/Desc2REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc3SENIOR MEMBER DUES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1490800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2323588
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3102460
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1490800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2323588
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3102460
IRS990/ProgSrvcAccomActy2Grp/Desc0NAI ANNUAL MEETING THE NAI ANNUAL MEETING IS HELD EACH SPRING AND FEATURES STIMULATING PRESENTATIONS AND NETWORLING WITH RENOWNED INVENTORS FROM ACCROSS THE US AND AROUND THE WORLD. THE MEETING SERVES AS AN ARENA WHERE INNOVATION AND ENTREPRESNEIRSHIP IN THE ACADEMIC WORLD, LEADING LOCAL AND NATIONAL ECONOMIC DEVELOPMENT IS RECOGNIZED, HONOURED AND CULTIVATED.
IRS990/ProgSrvcAccomActy3Grp/Desc0BRICK AND MORTAR IS IS ESTIMATED TO BUILD A PHYSICAL OFFICE BUILDING IN AN OFFSITE LOCATION FOR THE FOUNDATION. THE BOARD HAS CHOSEN TO ASSIGN 100,000 PER YEAR TO THIS FUND UNTIL BUILDING PLANS ETC CAN COMMENCE.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GRANT FOR FEES: THE BOARD HAS ELECTED TO FUND AN NAI RESERVE FOR SUPPORTING MEMEBERS IN HARDSHIP AND RETIREMENT. THIS ALSO INCLUDES MEMBER INSTITUTIONS WHO MIGHT HAVE BUDGET RESTRICTIONS AND TO SUPPORT SUPPORT OUR FELLOWS WHO MAY BE UNABLE TO CONTINUE MEMBERSHIP DUE TO THE FACT THAT THEY RETIRED AND OR INCOME HAS CHANGED.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012150
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt013811
IRS990/PYOtherExpensesAmt01024260
IRS990/PYOtherRevenueAmt0400263
IRS990/PYProgramServiceRevenueAmt02000500
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IRS990/PYTotalExpensesAmt01201777
IRS990/PYTotalRevenueAmt02426724
IRS990/ReconcilationRevenueExpnssAmt01746277
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt05359519
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY OF INVENTORS IS 100% DEEVOTED TO INSTRUCTING INDIVIDUALS IN AN EFFORT TO IMPROVE SKILLS AS INVENTORS AND INSTRUCTING THE PUBLIC AS TO THE BENEFITS OF INNOVATION. THE SUBLECT MATTER OF THE EDUCATION ENCOMPASSES ESSENTIALLY THE ENTIRE FIELDS OF APPLIED SCIENCE WITH A FOCUS ON TRANSFORMATIVE TECHNOLOGY AND ACADEMIC INNOVATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN 2015 HE UNIVERSITY OF SOUTH FLORIDA EMPLOYED INDIVIDUALS THAT WERE USED SOLELY FOR ADMINISTRATION TASK OF THE NAI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANT FOR FEES: THE BOARD HAS ELECTED TO FUND AN NAI RESERVE FOR SUPPORTING MEMEBERS IN HARDSHIP AND RETIREMENT. THIS ALSO INCLUDES MEMBER INSTITUTIONS WHO MIGHT HAVE BUDGET RESTRICTIONS AND TO SUPPORT SUPPORT OUR FELLOWS WHO MAY BE UNABLE TO CONTINUE MEMBERSHIP DUE TO THE FACT THAT THEY RETIRED AND OR INCOME HAS CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK SERVICE CHARGES 0 1,011 0 CONFERENCE EXPENSES 0 206,826 0 CREDIT CARD FEES 0 38,411 0 PROFESSIONAL FEES 0 17,675 0 TOTAL 0 263,923 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt06591336
IRS990/TotalAssetsGrp/BOYAmt04845169
IRS990/TotalAssetsGrp/EOYAmt06591336
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024060
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0359355
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01522830
IRS990/TotalFunctionalExpensesGrp/TotalAmt01906245
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06591336
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IRS990/TotalProgramServiceRevenueAmt01607567
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03652522
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04845169
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06591336
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt03702 SPECTRUM BLVD
IRS990/USAddress/AddressLine2Txt0STE 165
IRS990/USAddress/CityNm0TAMPA
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033612
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IRS990/WebsiteAddressTxt0WWW.ACADEMYOFINVENTORS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL R SANBERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08139745862
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL ACADEMY OF INVENTORS INC
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0272310390
ReturnHeader/Filer/PhoneNum08139745862
ReturnHeader/Filer/USAddress/AddressLine1Txt03702 SPECTRUM BLVD RM
ReturnHeader/Filer/USAddress/CityNm0TAMPA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0336129444
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593585837
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BSK FINANCIAL SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016704 TOBACCO RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LUTZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033558
ReturnHeader/PreparerPersonGrp/PhoneNum08137582279
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BERNARD R SKERKOWSKI
ReturnHeader/ReturnTs02025-10-17T12:51:29-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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