Civic Intelligence

Northeast Ohio Technology Coalition Inc

990 • Fiscal year 2011 • EIN 34-1316549

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 15, 2012

737 Bolivar Road No 100044115
Siviq Scores

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

Liabilities / Assets

46th percentile

0.10x

Higher debt load relative to assets than 46% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

73rd percentile

9.6%

Faster asset growth than 73% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$3,163,686

Up $277,251 (+9.6%) from 2010

Net Assets

Up

$2,836,488

Up $452,164 (+19%) from 2010

Liabilities

Down

$327,198

Down $174,913 (-35%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$3,776,289

Down $1,442,812 (-28%) from 2010

Net Income

-

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.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,886,435Liabilities 2010: $502,111Net Assets 2010: $2,384,3242010Assets 2011: $3,163,686Liabilities 2011: $327,198Net Assets 2011: $2,836,4882011Assets 2012: $2,522,718Liabilities 2012: $280,529Net Assets 2012: $2,242,1892012Assets 2013: $1,966,065Liabilities 2013: $266,939Net Assets 2013: $1,699,1262013Assets 2014: $416,171Liabilities 2014: $90,699Net Assets 2014: $325,4722014

Highlighted filing

2011

Assets$3,163,686
Liabilities$327,198
Net Assets$2,836,488

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $5,219,1012010Expenses 2011: $3,776,2892011Expenses 2012: $4,032,8362012Revenue 2013: $2,742,906Expenses 2013: $3,285,969Net Income 2013: -$543,0632013Revenue 2014: $1,773,987Expenses 2014: $3,147,641Net Income 2014: -$1,373,6542014

Highlighted filing

2011

Revenue-
Expenses$3,776,289
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 15, 2012
Return Version
2011v1.2
Gross Receipts
$4,228,453
Mission and Program Overview

Mission

Northeast ohio technology coalition, inc. ("nortech") works to revitalize northeast ohio by accelerating the growth of innovation clusters in the region's emerging industries. Nortech engages companies and colleges/universities for business, funding and research opportunities that create jobs, attract capital and have a long-term, economic impact. Nortech also promotes northeast ohio as a hub of innovation to attract resources to the region.

Major Activities

Activity 2
Energy enterprise: energy enterprise is leading a collaborative regional effort to drive growth across all sectors in advanced energy. By accelerating commercial activity, we are helping to develop an advanced energy cluster in northeast ohio, which will result in long-term, positive economic impact on the region. Serving as the focal point in northeast ohio for the advanced energy cluster, nortech energy enterprise marshals resources and forges collaborations to drive growth. Our services include connecting and convening public, private and academic partners to define the vision, strategy and priorities for the region; hosting educational programs and workshops; connecting cluster members with state and federal funding opportunities; building relationships to attract later stage capital; communicating progress and performance of the region's advanced energy cluster; and promoting the region's advanced energy story to audiences inside and outside the region. We also lead and champion a portfolio of high-reward projects that create jobs and attract capital.
Activity 3
Public policy: nortech engages with federal and state government and policy leaders to develop strategies that enhance cluster growth in northeast ohio. Nortech participates in national policy discussions in support of northeast ohio's cluster goals and advises national committees and the federal government on cluster development.
Filing and Contact Details

Filer

EIN
34-1316549
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IRS990/Activity2/Description0ENERGY ENTERPRISE: ENERGY ENTERPRISE IS LEADING A COLLABORATIVE REGIONAL EFFORT TO DRIVE GROWTH ACROSS ALL SECTORS IN ADVANCED ENERGY. BY ACCELERATING COMMERCIAL ACTIVITY, WE ARE HELPING TO DEVELOP AN ADVANCED ENERGY CLUSTER IN NORTHEAST OHIO, WHICH WILL RESULT IN LONG-TERM, POSITIVE ECONOMIC IMPACT ON THE REGION. SERVING AS THE FOCAL POINT IN NORTHEAST OHIO FOR THE ADVANCED ENERGY CLUSTER, NORTECH ENERGY ENTERPRISE MARSHALS RESOURCES AND FORGES COLLABORATIONS TO DRIVE GROWTH. OUR SERVICES INCLUDE CONNECTING AND CONVENING PUBLIC, PRIVATE AND ACADEMIC PARTNERS TO DEFINE THE VISION, STRATEGY AND PRIORITIES FOR THE REGION; HOSTING EDUCATIONAL PROGRAMS AND WORKSHOPS; CONNECTING CLUSTER MEMBERS WITH STATE AND FEDERAL FUNDING OPPORTUNITIES; BUILDING RELATIONSHIPS TO ATTRACT LATER STAGE CAPITAL; COMMUNICATING PROGRESS AND PERFORMANCE OF THE REGION'S ADVANCED ENERGY CLUSTER; AND PROMOTING THE REGION'S ADVANCED ENERGY STORY TO AUDIENCES INSIDE AND OUTSIDE THE REGION. WE ALSO LEAD AND CHAMPION A PORTFOLIO OF HIGH-REWARD PROJECTS THAT CREATE JOBS AND ATTRACT CAPITAL.
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IRS990/Form990PartVIISectionA/Title0CHAIRMAN
IRS990/Form990PartVIISectionA/Title1VICE CHAIRMAN
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IRS990/Form990PartVIISectionA/Title4VICE CHAIRMAN
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IRS990/Form990PartVIISectionA/Title6TRUSTEE
IRS990/Form990PartVIISectionA/Title7TRUSTEE
IRS990/Form990PartVIISectionA/Title8TRUSTEE
IRS990/Form990PartVIISectionA/Title9TRUSTEE
IRS990/Form990PartVIISectionA/Title10TRUSTEE
IRS990/Form990PartVIISectionA/Title11TRUSTEE
IRS990/Form990PartVIISectionA/Title12TRUSTEE
IRS990/Form990PartVIISectionA/Title13TRUSTEE
IRS990/Form990PartVIISectionA/Title14TRUSTEE
IRS990/Form990PartVIISectionA/Title15TRUSTEE
IRS990/Form990PartVIISectionA/Title16TRUSTEE
IRS990/Form990PartVIISectionA/Title17TRUSTEE
IRS990/Form990PartVIISectionA/Title18TRUSTEE
IRS990/Form990PartVIISectionA/Title19TRUSTEE
IRS990/Form990PartVIISectionA/Title20TRUSTEE
IRS990/Form990PartVIISectionA/Title21TRUSTEE
IRS990/Form990PartVIISectionA/Title22TRUSTEE
IRS990/Form990PartVIISectionA/Title23TRUSTEE
IRS990/Form990PartVIISectionA/Title24TRUSTEE
IRS990/Form990PartVIISectionA/Title25TRUSTEE
IRS990/Form990PartVIISectionA/Title26PRESIDENT & CEO
IRS990/Form990PartVIISectionA/Title27VP AND DIRECTOR OF TECHNOLOGY
IRS990/Form990PartVIISectionA/Title28VP, STRATEGIC OUTREACH
IRS990/Form990PartVIISectionA/Title29VICE PRESIDENT
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IRS990/IndoorTanningServices00
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IRS990/InfoInScheduleOPartVI0X
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IRS990/Insurance/ManagementAndGeneral01869
IRS990/Insurance/Total01869
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IRS990/MissionDescription0TO CHAMPION GROWTH IN NORTHEAST OHIO'S HIGH TECH ECONOMY BY BUILDING INDUSTRIES FROM TECHNOLOGY AREAS WHERE WE HAVE THE BEST OPPORTUNITIES TO BE SUCCESSFUL AND BY MARSHALING THE RESOURCES AND FORGING COLLABORATIONS TO PUT OUR HIGH TECH ECONOMY ON THE FAST-TRACK.
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IRS990/NameOfPrincipalOfficerPerson0REBECCA BAGLEY
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IRS990/OtherExpenses/Total0404910

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