Civic Intelligence

Operation Oligo Cure

990 • Fiscal year 2017 • EIN 45-1533845

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 16, 2018

10329 Tallent LnHunterville, NC 28078

(704) 737-9135

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

4th percentile

-72%

Higher net margin than 4% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

20th percentile

-6.6%

Faster asset growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

45%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$657,781

Down $46,298 (-6.6%) from 2016

Net Assets

Down

$657,781

Down $46,298 (-6.6%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$64,154

Up $19,846 (+45%) from 2016

Expenses

Up

$110,452

Up $110,050 (+27376%) from 2016

Net Income

Down

-$46,298

Down $90,204 (-205%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $150,433Liabilities 2013: $0Net Assets 2013: $150,4332013Assets 2014: $65,073Liabilities 2014: $0Net Assets 2014: $65,0732014Assets 2015: $660,173Liabilities 2015: $0Net Assets 2015: $660,1732015Assets 2016: $704,079Liabilities 2016: $0Net Assets 2016: $704,0792016Assets 2017: $657,781Liabilities 2017: $0Net Assets 2017: $657,7812017Assets 2018: $545,242Liabilities 2018: $0Net Assets 2018: $545,2422018Assets 2019: $447,970Liabilities 2019: $0Net Assets 2019: $447,9702019

Highlighted filing

2017

Assets$657,781
Liabilities$0
Net Assets$657,781

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $119,310Expenses 2013: $7,234Net Income 2013: $112,0762013Revenue 2014: $315,805Expenses 2014: $401,152Net Income 2014: -$85,3472014Revenue 2015: $604,572Expenses 2015: $9,472Net Income 2015: $595,1002015Revenue 2016: $44,308Expenses 2016: $402Net Income 2016: $43,9062016Revenue 2017: $64,154Expenses 2017: $110,452Net Income 2017: -$46,2982017Revenue 2018: $44,243Expenses 2018: $156,782Net Income 2018: -$112,5392018Revenue 2019: $27,859Expenses 2019: $125,132Net Income 2019: -$97,2732019

Highlighted filing

2017

Revenue$64,154
Expenses$110,452
Net Income-$46,298
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 16, 2018
Return Version
2017v2.2
Gross Receipts
$64,154
Mission and Program Overview

Mission

To conduct medical research

CONDUCT MEDICAL RESEARCH

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$590,142$654,297▲ $64,155
Savings and Temporary Cash Investments$113,937$3,484▼ $110,453
Total Assets$704,079$657,781▼ $46,298
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$704,079$657,781▼ $46,298
Total Net Assets Fund Balance$704,079$657,781▼ $46,298
Total Liabilities and Net Assets / Fund Balance$704,079$657,781▼ $46,298
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nancy PerriPresident
Amy CoffeyBoard of Directors
Arthur PerriBoard of Directors
Charles GetzBoard of Directors
David RentzBoard of Directors
Frank NezuBoard of Directors
Michael MasoneBoard of Directors
Mike TowersBoard of Directors
Patrick HanlonBoard of Directors
Patrick RonanBoard of Directors
Robert RosaniaBoard of Directors
Ron MnieckowskiBoard of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$63,906
Program Service Revenue
$0
Investment Income
$248
Other Revenue
$0
All Other Contributions
$63,906
Change in Net Assets
$-46,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$110,000
Other Expenses$452
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$110,000--$110,000
Office Expenses-$452-$452
Total Functional Expenses$110,000$452$0$110,452
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
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, Part VI, Section B, line 11B

President reviews tax return. Then distribute returns to board members.

Form 990, Part VI, Section C, line 19

Tax return is prepared and reviewed by president. After review return is signed and efiled with the government.

Filing and Contact Details

Filer

Filer Name
Operation Oligo Cure
EIN
45-1533845
Phone
7047379135
Address
10329 TALLENT LN, HUNTERVILLE, NC 28078

Signing Officer

Name
Nancy Perri
Title
President
Phone
7047379135
Signed
2018-09-16

Organization Details

Principal Officer
Nancy Perri
Formed
2013
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Granick & Gendler
Address
60 E42ND STREET, NEW YORK, NY 10165
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ReturnHeader/TaxYr02017

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