Civic Intelligence

Advanced Methods in Innovation

990EZ • Fiscal year 2023 • EIN 27-2407701

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 03, 2024

Refreshing map…

241 W Federal St Rm/Ste 508Youngstown, OH 44503

(330) 727-6292

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

97th percentile

89%

Higher net margin than 97% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

99th percentile

1033%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

91st percentile

120%

Faster revenue growth than 91% of similar nonprofits.

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

Assets

Up

$181,192

Up $165,198 (+1033%) from 2022

Net Assets

Up

$181,192

Up $165,198 (+1033%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$185,021

Up $100,902 (+120%) from 2022

Expenses

Down

$19,823

Down $60,402 (-75%) from 2022

Net Income

Up

$165,198

Up $161,304 (+4142%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $302,408Liabilities 2014: $9,001Net Assets 2014: $293,4072014Assets 2015: $142,815Liabilities 2015: $132Net Assets 2015: $142,6832015Assets 2016: $128,422Liabilities 2016: $8,747Net Assets 2016: $119,6752016Assets 2017: $85,881Liabilities 2017: $18,403Net Assets 2017: $67,4782017Assets 2018: $84,145Liabilities 2018: $4,123Net Assets 2018: $80,0222018Assets 2019: $7,708Liabilities 2019: $46Net Assets 2019: $7,6622019Assets 2020: $3,954Liabilities 2020: $2,822Net Assets 2020: $1,1322020Assets 2022: $15,994Net Assets 2022: $15,9942022Assets 2023: $181,192Net Assets 2023: $181,1922023

Highlighted filing

2023

Assets$181,192
Liabilities-
Net Assets$181,192

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $539,234Expenses 2014: $245,827Net Income 2014: $293,4072014Revenue 2015: $363,268Expenses 2015: $513,992Net Income 2015: -$150,7242015Revenue 2016: $220,702Expenses 2016: $243,710Net Income 2016: -$23,0082016Revenue 2017: $239,858Expenses 2017: $292,055Net Income 2017: -$52,1972017Revenue 2018: $242,137Expenses 2018: $229,593Net Income 2018: $12,5442018Revenue 2019: $77,838Expenses 2019: $150,198Net Income 2019: -$72,3602019Revenue 2020: $18,745Expenses 2020: $25,275Net Income 2020: -$6,5302020Revenue 2022: $84,119Expenses 2022: $80,225Net Income 2022: $3,8942022Revenue 2023: $185,021Expenses 2023: $19,823Net Income 2023: $165,1982023

Highlighted filing

2023

Revenue$185,021
Expenses$19,823
Net Income$165,198
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 3, 2024
Return Version
2023v5.0
Gross Receipts
$185,021
Mission and Program Overview

Mission

The corporation is organized exclusively for charitable, educational and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code; to sponsor and promote scientific research to aid in the education of students in cooperation with schools, colleges and universities in northern ohio, and to stimulate private industry support of and cooperation with such research; to sponsor, promote and disseminate scientific research in cooperation with schools, colleges and universities in northern ohio and to stimulate private industry support of and cooperation with such research for the purpose of aiding in the attraction of new industry to and encouraging the development and retention of existing industry in northern ohio; to engage in scientific research, workforce development and ancillary educational activiti

Program Services

DescriptionGrantsExpenses
TO PROMOTE EDUCATION BY PROVIDING FUNDS AND OTHER ASSISTANCE TO SCHOOLS, COLLEGES AND UNIVERSITIES AND OTHER ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE FOR PURPOSES OF DEVELOPING AND PROVIDING CURRICULA, COURSES, SEMINARS AND OTHER EDUCATIONAL PROGRAMS AND EDUCATIONAL MATERIALS IN THE AREAS OF ENGINEERING SCIENCE, TECHNOLOGY AND BUSINESS.-$19,823
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALFRED UNIONETreasurer-$0--
THOMAS MOSURETrustee-$0--
JOHN SCOTTExecutive Di-$0--
MICHAEL PARKERTrustee-$0--
BARBARA EWINGSecretary-$0--
CHARLES COLEMANVice Preside-$0--
MARTIN ABRAHAMTrustee-$0--
JULIE SMITHOffice Admin-$0--
Filing and Contact Details

Filer

Filer Name
Advanced Methods in Innovation
EIN
27-2407701
Phone
3307276292
Address
241 W FEDERAL ST RM/STE 508, YOUNGSTOWN, OH 44503

Signing Officer

Name
John Scott
Title
Executive Director
Phone
3307276292
Signed
2024-04-03
Discuss with paid preparer
Yes

Preparer

Firm
H D Davis Cpas LLC
Address
4308 BELMONT AVE SUITE 1, YOUNGSTOWN, OH 44505-1071
Preparer
Joseph Kilgore CPA
Phone
3307598522
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 199 bank fees 12 dues and fees 435 repairs & maintenance 500 non-investment depreciation 17,600 total 18,746

Form 990-ez, Part II, Line 24

Accounts receivable 1,250 0 equipment 133,552 228,052 less accumulated depreciation 133,552 151,369 lending library 13,762 13,762 total 15,012 90,445

Form 990-ez, Part III

The corporation is organized exclusively for charitable, educational and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code; to sponsor and promote scientific research to aid in the education of students in cooperation with schools, colleges and universities in northern ohio, and to stimulate private industry support of and cooperation with such research; to sponsor, promote and disseminate scientific research in cooperation with schools, colleges and universities in northern ohio and to stimulate private industry support of and cooperation with such research for the purpose of aiding in the attraction of new industry to and encouraging the development and retention of existing industry in northern ohio; to engage in scientific research, workforce development and ancillary educational activities; to promote education by providing funds and other assistance to schools, colleges and universities and other organizations exempt from federal income tax under section 501(c)(3) of the internal revenue code for purposes of developing and providing curricula, courses, seminars and other educational programs and educational materials in the areas of engineering, science, technology and business.

Form 990-ez, Part III, Line 28

To promote education by providing funds and other assistance to schools, colleges and universities and other organizations exempt from federal income tax under section 501(c)(3) of the internal revenue code for purposes of developing and providing curricula, courses, seminars and other educational programs and educational materials in the areas of engineering science, technology and business.

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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 199 BANK FEES 12 DUES AND FEES 435 REPAIRS & MAINTENANCE 500 NON-INVESTMENT DEPRECIATION 17,600 TOTAL 18,746
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 1,250 0 EQUIPMENT 133,552 228,052 LESS ACCUMULATED DEPRECIATION 133,552 151,369 LENDING LIBRARY 13,762 13,762 TOTAL 15,012 90,445
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE; TO SPONSOR AND PROMOTE SCIENTIFIC RESEARCH TO AID IN THE EDUCATION OF STUDENTS IN COOPERATION WITH SCHOOLS, COLLEGES AND UNIVERSITIES IN NORTHERN OHIO, AND TO STIMULATE PRIVATE INDUSTRY SUPPORT OF AND COOPERATION WITH SUCH RESEARCH; TO SPONSOR, PROMOTE AND DISSEMINATE SCIENTIFIC RESEARCH IN COOPERATION WITH SCHOOLS, COLLEGES AND UNIVERSITIES IN NORTHERN OHIO AND TO STIMULATE PRIVATE INDUSTRY SUPPORT OF AND COOPERATION WITH SUCH RESEARCH FOR THE PURPOSE OF AIDING IN THE ATTRACTION OF NEW INDUSTRY TO AND ENCOURAGING THE DEVELOPMENT AND RETENTION OF EXISTING INDUSTRY IN NORTHERN OHIO; TO ENGAGE IN SCIENTIFIC RESEARCH, WORKFORCE DEVELOPMENT AND ANCILLARY EDUCATIONAL ACTIVITIES; TO PROMOTE EDUCATION BY PROVIDING FUNDS AND OTHER ASSISTANCE TO SCHOOLS, COLLEGES AND UNIVERSITIES AND OTHER ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE FOR PURPOSES OF DEVELOPING AND PROVIDING CURRICULA, COURSES, SEMINARS AND OTHER EDUCATIONAL PROGRAMS AND EDUCATIONAL MATERIALS IN THE AREAS OF ENGINEERING, SCIENCE, TECHNOLOGY AND BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROMOTE EDUCATION BY PROVIDING FUNDS AND OTHER ASSISTANCE TO SCHOOLS, COLLEGES AND UNIVERSITIES AND OTHER ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE FOR PURPOSES OF DEVELOPING AND PROVIDING CURRICULA, COURSES, SEMINARS AND OTHER EDUCATIONAL PROGRAMS AND EDUCATIONAL MATERIALS IN THE AREAS OF ENGINEERING SCIENCE, TECHNOLOGY AND BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN SCOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03307276292
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-03
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ReturnHeader/Filer/EIN0272407701
ReturnHeader/Filer/PhoneNum03307276292
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0YOUNGSTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0445051071
ReturnHeader/PreparerPersonGrp/PhoneNum03307598522
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH KILGORE CPA
ReturnHeader/ReturnTs02024-04-13T11:25:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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