Civic Intelligence

The Forge Initiative Inc.

990EZ • Fiscal year 2014 • EIN 27-3380977

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 07, 2014

203 Copper Hill Drive27518

(919) 616-6332

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2014 filings • NTEE B99 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2014 filings • NTEE B99 • <$500k nonprofits • Source year 2014

Net Margin

92nd percentile

63%

Higher net margin than 92% of similar nonprofits.

2014 filings • NTEE B99 • <$500k nonprofits • Source year 2014

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2014 filings • NTEE B99 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$131,416

No earlier filing loaded for comparison.

Net Assets

$127,623

No earlier filing loaded for comparison.

Liabilities

$3,793

No earlier filing loaded for comparison.

Revenue

$191,083

No earlier filing loaded for comparison.

Expenses

$70,697

No earlier filing loaded for comparison.

Net Income

$120,386

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.

$150K$100K$50K$0Assets 2014: $131,416Liabilities 2014: $3,793Net Assets 2014: $127,6232014Assets 2016: $66,076Liabilities 2016: $6,842Net Assets 2016: $59,2342016Assets 2017: $29,780Liabilities 2017: $9,318Net Assets 2017: $20,4622017Assets 2018: $33,190Liabilities 2018: $27,098Net Assets 2018: $6,0922018Assets 2019: $141,604Liabilities 2019: $15,806Net Assets 2019: $125,7982019Assets 2020: $114,503Liabilities 2020: $20,519Net Assets 2020: $93,9842020Assets 2021: $79,820Liabilities 2021: $10,308Net Assets 2021: $69,5122021Assets 2022: $92,333Liabilities 2022: $11,530Net Assets 2022: $80,8032022Assets 2023: $101,935Liabilities 2023: $10,220Net Assets 2023: $91,7152023Assets 2024: $104,234Liabilities 2024: $5,550Net Assets 2024: $98,6842024

Highlighted filing

2014

Assets$131,416
Liabilities$3,793
Net Assets$127,623

Operations Trend

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

$400K$200K$0-$200KRevenue 2014: $191,083Expenses 2014: $70,697Net Income 2014: $120,3862014Revenue 2016: $142,762Expenses 2016: $241,866Net Income 2016: -$99,1042016Revenue 2017: $149,869Expenses 2017: $188,641Net Income 2017: -$38,7722017Revenue 2018: $194,929Expenses 2018: $215,374Net Income 2018: -$20,4452018Revenue 2019: $335,857Expenses 2019: $218,393Net Income 2019: $117,4642019Revenue 2020: $190,051Expenses 2020: $225,456Net Income 2020: -$35,4052020Revenue 2021: $99,933Expenses 2021: $129,310Net Income 2021: -$29,3772021Revenue 2022: $174,135Expenses 2022: $161,067Net Income 2022: $13,0682022Revenue 2023: $212,060Expenses 2023: $200,858Net Income 2023: $11,2022023Revenue 2024: $273,782Expenses 2024: $273,877Net Income 2024: -$952024

Highlighted filing

2014

Revenue$191,083
Expenses$70,697
Net Income$120,386
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 7, 2014
Return Version
2013v4.0
Gross Receipts
$191,083
Mission and Program Overview

Mission

Steam education using robotics

Program Services

DescriptionGrantsExpenses
WAKE ROBOTICS PROVIDES COMPETITIVE ROBOTICS TEAMS FOR YOUTHS FOR APPROXIMATELY 95 YOUTH SERVED DURING THE YEAR-$33,773
GENERAL PROGRAM SUPPORT PROVIDES MATERIALS AND RESOURCES TO ALL WAKE ROBOTICS PROGRAMS-$19,973
Other program services-$2,864
OPEN FORGE IS A MULTI-AGE PROGRAM FOR WAKE ROBOTICS MEMBER FAMILIES INVOLVING TECHNOLOGY ENGINEERING AND SCIENCE EXPLORATION UP TO 80 PARTICIPANTS THROUGHOUT THE YEAR-$2,822
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDA WHIPKER PHDPresidentFT$0--
ROBERT MACKIEVice PresidentPT$0--
KAREN MELLENDORFTreasurerFT$0--
GABRIELE HESTERSecretaryPT$0--
KATE IVERSDirectorPT$0--
FIONA LAST-POWELLDirectorPT$0--
ADRIAN POWELLDirectorPT$0--
SIOBHAN BALLDirectorPT$0--
MICHAEL FEIGINDirectorPT$0--
Filing and Contact Details

Filer

EIN
27-3380977

Signing Officer

Name
Karen Mellendorf
Title
Treasurer
Phone
9196166332
Signed
2014-11-07
Discuss with paid preparer
No

Preparer

Preparer
Lori A Aveni CPA
Phone
9193082470
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amounttools, materials, supplies 19,925event registration fees & expenses 12,313computer & internet expenses 4,299fundraising costs 3,921insurance expense 2,160t-shirts, buttons, other marketing 1,835training 1,017telephone expense 857repairs & maintenance 649bank fees 372dues and memberships 220travel expense 45

Description of other assets Part II line 24

Category beginning of year end of yearleasehold improvements 0 3,744accounts receivable 0 694

Description of total liabilities Part II line 26

Category beginning of year end of yearaccounts payable 0 3,793

Other program services Part III line 31

Outreach is a program for 105 youth and adult volunteers who lead hands-on technology demos to the community at schools, libraries, museums, and corporations. $1,457youth leadership is a program for 40 middle school and high school youth who are ready for individualized leadership opportunities in the community. $1,006steam programs are multi-month to year-long programs for 15 k-12 youth focusing on engineering and technology curriculum. $390

Changes to governing documents Part V line 34

The organization modified its bylaws during the fiscal year. A new mission statement was adopted: to empower families and individuals of all ages to collaboratively explore, learn, and lead using technology and engineering.the bylaws were also modified to allow an officer to serve more than 5 consecutive terms with unanimous approval by the board of directors. Each additional term after the limit of five one-year terms requires unanimous approval by the board of directors.the following text was added to the organization's bylaws: policies of the corporation may be modified, amended, repealed, or added by a majority vote of the board of directors.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTTOOLS, MATERIALS, SUPPLIES 19,925EVENT REGISTRATION FEES & EXPENSES 12,313COMPUTER & INTERNET EXPENSES 4,299FUNDRAISING COSTS 3,921INSURANCE EXPENSE 2,160T-SHIRTS, BUTTONS, OTHER MARKETING 1,835TRAINING 1,017TELEPHONE EXPENSE 857REPAIRS & MAINTENANCE 649BANK FEES 372DUES AND MEMBERSHIPS 220TRAVEL EXPENSE 45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARLEASEHOLD IMPROVEMENTS 0 3,744ACCOUNTS RECEIVABLE 0 694
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS PAYABLE 0 3,793
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUTREACH IS A PROGRAM FOR 105 YOUTH AND ADULT VOLUNTEERS WHO LEAD HANDS-ON TECHNOLOGY DEMOS TO THE COMMUNITY AT SCHOOLS, LIBRARIES, MUSEUMS, AND CORPORATIONS. $1,457YOUTH LEADERSHIP IS A PROGRAM FOR 40 MIDDLE SCHOOL AND HIGH SCHOOL YOUTH WHO ARE READY FOR INDIVIDUALIZED LEADERSHIP OPPORTUNITIES IN THE COMMUNITY. $1,006STEAM PROGRAMS ARE MULTI-MONTH TO YEAR-LONG PROGRAMS FOR 15 K-12 YOUTH FOCUSING ON ENGINEERING AND TECHNOLOGY CURRICULUM. $390
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MODIFIED ITS BYLAWS DURING THE FISCAL YEAR. A NEW MISSION STATEMENT WAS ADOPTED: TO EMPOWER FAMILIES AND INDIVIDUALS OF ALL AGES TO COLLABORATIVELY EXPLORE, LEARN, AND LEAD USING TECHNOLOGY AND ENGINEERING.THE BYLAWS WERE ALSO MODIFIED TO ALLOW AN OFFICER TO SERVE MORE THAN 5 CONSECUTIVE TERMS WITH UNANIMOUS APPROVAL BY THE BOARD OF DIRECTORS. EACH ADDITIONAL TERM AFTER THE LIMIT OF FIVE ONE-YEAR TERMS REQUIRES UNANIMOUS APPROVAL BY THE BOARD OF DIRECTORS.THE FOLLOWING TEXT WAS ADDED TO THE ORGANIZATION'S BYLAWS: POLICIES OF THE CORPORATION MAY BE MODIFIED, AMENDED, REPEALED, OR ADDED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other program services Part III line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Changes to governing documents Part V line 34
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ReturnHeader/Filer/BusinessName/BusinessNameLine10WAKE ROBOTICS INC
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ReturnHeader/Filer/EIN0273380977
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Lori Aveni CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10126 N Salem St Suite 207
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ReturnHeader/PreparerPersonGrp/PreparationDt02015-02-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lori A Aveni CPA
ReturnHeader/ReturnTs02015-02-17T12:12:59-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits