Civic Intelligence

Springboard Innovation

990EZ • Fiscal year 2012 • EIN 34-1996112

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 13, 2013

Organization ProfileHATCHTHEFUTURE.ORG
2420 NE Sandy97232
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 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

95th percentile

169%

Faster asset growth than 95% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

12th percentile

-40%

Faster revenue growth than 12% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$9,163

Up $5,754 (+169%) from 2011

Net Assets

Up

$9,163

Up $10,754 (+676%) from 2011

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin68th percentile

Revenue

Down

$89,678

Down $60,290 (-40%) from 2011

Expenses

Down

$78,924

Down $71,109 (-47%) from 2011

Net Income

Up

$10,754

Up $10,819 (+16645%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$200K$100K$0-$100KAssets 2011: $3,409Liabilities 2011: $5,000Net Assets 2011: -$1,5912011Assets 2012: $9,163Net Assets 2012: $9,1632012Assets 2013: $77,427Liabilities 2013: $57,037Net Assets 2013: $20,3902013Assets 2015: $194,158Liabilities 2015: $122,400Net Assets 2015: $71,7582015Assets 2018: $144,040Liabilities 2018: $136,690Net Assets 2018: $7,3502018Assets 2019: $133,606Liabilities 2019: $144,595Net Assets 2019: -$10,9892019

Highlighted filing

2012

Assets$9,163
Liabilities-
Net Assets$9,163
Open 2012 Filing

Operations Trend

Revenue Growth12th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $149,968Expenses 2011: $150,033Net Income 2011: -$652011Revenue 2012: $89,678Expenses 2012: $78,924Net Income 2012: $10,7542012Revenue 2013: $159,191Expenses 2013: $147,964Net Income 2013: $11,2272013Revenue 2015: $380,073Expenses 2015: $463,820Net Income 2015: -$83,7472015Revenue 2018: $429,707Expenses 2018: $488,051Net Income 2018: -$58,3442018Revenue 2019: $289,430Expenses 2019: $307,769Net Income 2019: -$18,3392019

Highlighted filing

2012

Revenue$89,678
Expenses$78,924
Net Income$10,754
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 13, 2013
Return Version
2012v2.0
Mission and Program Overview

Mission

Hatch innovation works to enable citizen innovators to launch enterprises that improve communities, locally and globally. The organization has been operating programs designed to increase the capacity of individuals and enterprise to solve community problems. Our approach has been to cultivate an "innovation ecosystem" in which caange leasders can flourish in any community. This framework continues to drive our programs: 1) teach the change maker inside each of us; 2) create a home for community innovators to find what they need; 3) create new tools that grow community captal; 4) build the ecosystem for citizen-led change.

Filing and Contact Details

Filer

EIN
34-1996112
Raw XML Appendix235 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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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1Yameen Ali
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2Warren Karmol
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3Malaika Maphalala
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4Lee Lancaster
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName5Aaron Ray
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName6Kristen Wolf
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName7Amy Cortese
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IRS990EZ/PrimaryExemptPurpose0Springboard Innovation is a social enterprise that builds critical infrastructure to enable citizen innovators to lead social change. The Organization operates programs built around a framework of four integrated initiatives to increase the capacity of individuals and enterprise to solve community problems. It is a comprehensive approach to nurture social and environmental innovation, improving communities and the world:1) Teach the change maker inside each of us; 2) Convene community innovators for action; 3) Fund social innovation through micro philanthropy; 4) Build the municipal ecosystem for change.
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IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0Springboard Innovation has been hosting monthly Social Innovation Forums since 2008. In 2012, we shifted to exploring a format that would allow us to dig deeper into topics that were of high interest in both our monthly forums and ReVisioning Value (ReVV) conference. The result "Re:Forums", exploring main themes across fewer events that go deeper. We bring in keynotes and expert panels in the evening, and follow it up the next day with workshops. In 2012, we held three major Re:Forums focused on growing community capital and Jump-starting Community Investing: Exploring the Tools was in June, Growing Community Investors in September, and Launching Impact Enterprises in November. We serviced over three hundred people in all events and workshops, and helped launch the only direct public offering in Oregon, and spawned $145,000 in local investing deals.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom1Hatch: A community Innovation Lab in 2012-13. Hatch is a space for visionaries and realists who are working for a better world. It is a place where an entrepreneurial community starts and scales local and social enterprises that improve communities. In 2012 the Hatch team continued to look at appropriate spaces for the Hatch to launch. We pursued two buildings, offering various bids on both, based on advice from experts in the field and our own criteria. We were outbid on both, and so the search continues. In preparation for Hatch launch, we continued to build programs to provide critical infrastructure for social enterprise. One such program is "The Parts Department", where key CDFIs, law firms, consultants, and other experts are tenants in Hatch for one day a month, offering open office hours and ongoing workshops. Other Hatch programs will offer mentorship consulting, and peer support to entrepreneurs in a LaunchLab Incubator. We continue to look for a space that will meet our criteria: offices, conference room, fireboxes, educational spaces - kitchen, indoor garden, classroom and an event space.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom2ChangeXchange NW is a resource for communities in the Northwest. Our goal is to bolster local economies by connecting the dots between socially-minded investors and locally-owned businesses. ChangeXchange NW enables communities to invest in themselves. In 2012, ChangeXchange NW was underway, working with key partners like Mission Markets and Cutting Edge Capital to develop the right place-based approach. We chose to focus only in the NW, building a regional network to strengthen local economies. We engaged a design firm and began designing the Changexchangenw web site, and developed workshops such as "How to be a Smart Local Investor", "How to Develop Social Metrics for your Enterprise" and "What Do Impact Investors Want?". We built a national team of experts like Amy Cortese and Michael Shuman. We developed a program that fosters local understanding about investing, crowdfunding, and impact enterprises. We contracted with Mission Markets to license their on-line technology in preparation for the launch of ChangeXchange NW in 2013.
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IRS990ScheduleO/GeneralExplanation/Explanation0Payable to Officers, Directors, Etc. - Beginning $5000 Payable to Officers, Directors, Etc. - Ending $0
IRS990ScheduleO/GeneralExplanation/Explanation1Notes and Loans Receivable - Beginning $200 Notes and Loans Receivable - Ending $200
IRS990ScheduleO/GeneralExplanation/Explanation2Furniture and Fixtures - Beginning $1224 Furniture and Fixtures - Ending $3501
IRS990ScheduleO/GeneralExplanation/Explanation3Meals $40
IRS990ScheduleO/GeneralExplanation/Explanation4Parking $73
IRS990ScheduleO/GeneralExplanation/Explanation5Corp fees $125
IRS990ScheduleO/GeneralExplanation/Explanation6Board and volunteer expenses $314
IRS990ScheduleO/GeneralExplanation/Explanation7Bank fees $1608
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IRS990ScheduleO/GeneralExplanation/Explanation9Depreciation $723
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IRS990ScheduleO/GeneralExplanation/Explanation11Information Technology $5291
IRS990ScheduleO/GeneralExplanation/Explanation12Office Expenses $145
IRS990ScheduleO/GeneralExplanation/Explanation13Advertising and Promotion $599
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990-EZ, Part II, Line 26.1006
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990-EZ, Part II, Line 24.1009
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990-EZ, Part II, Line 24.1002
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990-EZ, Part I, Line 16.7
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990-EZ, Part I, Line 16.6
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990-EZ, Part I, Line 16.4
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990-EZ, Part I, Line 16.3
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990-EZ, Part I, Line 16.1
IRS990ScheduleO/GeneralExplanation/Identifier8Form 990-EZ, Part I, Line 16.1012
IRS990ScheduleO/GeneralExplanation/Identifier9Form 990-EZ, Part I, Line 16.1009
IRS990ScheduleO/GeneralExplanation/Identifier10Form 990-EZ, Part I, Line 16.1007
IRS990ScheduleO/GeneralExplanation/Identifier11Form 990-EZ, Part I, Line 16.1003
IRS990ScheduleO/GeneralExplanation/Identifier12Form 990-EZ, Part I, Line 16.1002
IRS990ScheduleO/GeneralExplanation/Identifier13Form 990-EZ, Part I, Line 16.1001
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IRS990ScheduleO/GeneralExplanation/ReturnReference4Other Expenses.6
IRS990ScheduleO/GeneralExplanation/ReturnReference5Other Expenses.4
IRS990ScheduleO/GeneralExplanation/ReturnReference6Other Expenses.3
IRS990ScheduleO/GeneralExplanation/ReturnReference7Other Expenses.1
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IRS990ScheduleO/GeneralExplanation/ReturnReference9Other Expenses.1009
IRS990ScheduleO/GeneralExplanation/ReturnReference10Other Expenses.1007
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IRS990ScheduleO/GeneralExplanation/ReturnReference12Other Expenses.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference13Other Expenses.1001
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0341996112
ReturnHeader/Filer/Name/BusinessNameLine10Springboard Innovation
ReturnHeader/Filer/NameControl0SPRI
ReturnHeader/Filer/Phone05034526898
ReturnHeader/Filer/USAddress/AddressLine102420 NE Sandy
ReturnHeader/Filer/USAddress/City0Portland
ReturnHeader/Filer/USAddress/State0OR
ReturnHeader/Filer/USAddress/ZIPCode097232
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-11-13
ReturnHeader/Officer/Name0Lee Lancaster
ReturnHeader/Officer/Title0Co-treasurer
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10BOTTAINI GALLUCCI & OHANLON PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101500 NE IRVING ST STE 440
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0PORTLAND
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0OR
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0972324208
ReturnHeader/Preparer/Name0EDWIN B O'HANLON
ReturnHeader/Preparer/Phone05032331133
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-13T07:10:37-08:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$9,163
Liabilities
-
Net assets
$9,163
Revenue
$89,678
Expenses
$78,924
Net income
$10,754
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$1.45$0.11$2.89$3.08$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$1.37$0.07$4.30$4.88$0.58
2015Detailed filing. Detailed filing data is available for this year.$1.94$1.22$0.72$3.80$4.64$0.84
2013Detailed filing. Detailed filing data is available for this year.$0.77$0.57$0.20$1.59$1.48$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.09$0.90$0.79$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.05$0.02$1.50$1.50$0.00