Civic Intelligence

Morrisville Innovation Foundation

990EZ • Fiscal year 2016 • EIN 46-0829323

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 01, 2017

Organization Profilewww.morrisvillenc.org
260 Town Hall DriveMorrisville, NC 27560

(919) 463-7150

Siviq Scores

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

Liabilities / Assets

69th percentile

0.06x

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

2016 filings • NTEE S20 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2016 filings • NTEE S20 • <$500k nonprofits • Source year 2016

Net Margin

60th percentile

8.7%

Higher net margin than 60% of similar nonprofits.

2016 filings • NTEE S20 • <$500k nonprofits • Source year 2016

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2016 filings • NTEE S20 • <$500k nonprofits • Source year 2016

Asset Growth

91st percentile

108%

Faster asset growth than 91% of similar nonprofits.

2016 filings • NTEE S20 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

29%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • NTEE S20 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$19,823

Up $10,302 (+108%) from 2015

Net Assets

Up

$18,573

Up $9,052 (+95%) from 2015

Liabilities

Up

$1,250

Up $1,250 from 2015

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin60th percentile

Revenue

Up

$104,138

Up $23,435 (+29%) from 2015

Expenses

Up

$95,086

Up $14,363 (+18%) from 2015

Net Income

Up

$9,052

Up $9,072 (+45360%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$40K$30K$20K$10K$0Assets 2013: $12,598Liabilities 2013: $02013Assets 2014: $18,041Liabilities 2014: $8,500Net Assets 2014: $9,5412014Assets 2015: $9,521Liabilities 2015: $0Net Assets 2015: $9,5212015Assets 2016: $19,823Liabilities 2016: $1,250Net Assets 2016: $18,5732016Assets 2017: $14,985Liabilities 2017: $1,000Net Assets 2017: $13,9852017Assets 2018: $37,378Liabilities 2018: $22,603Net Assets 2018: $14,7752018Assets 2019: $39,227Liabilities 2019: $22,734Net Assets 2019: $16,4932019Assets 2020: $32,539Liabilities 2020: $23,033Net Assets 2020: $9,5062020Assets 2021: $36,258Liabilities 2021: $23,246Net Assets 2021: $13,0122021Assets 2022: $36,194Liabilities 2022: $23,246Net Assets 2022: $12,9482022Assets 2023: $36,194Liabilities 2023: $23,246Net Assets 2023: $12,9482023

Highlighted filing

2016

Assets$19,823
Liabilities$1,250
Net Assets$18,573
Open 2016 Filing

Operations Trend

Revenue Growth74th percentile

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

$150K$100K$50K$0-$50KRevenue 2013: $84,608Expenses 2013: $72,010Net Income 2013: $12,5982013Revenue 2014: $87,922Expenses 2014: $90,979Net Income 2014: -$3,0572014Revenue 2015: $80,703Expenses 2015: $80,723Net Income 2015: -$202015Revenue 2016: $104,138Expenses 2016: $95,086Net Income 2016: $9,0522016Revenue 2017: $93,761Expenses 2017: $98,349Net Income 2017: -$4,5882017Revenue 2018: $89,249Expenses 2018: $88,459Net Income 2018: $7902018Revenue 2019: $102,024Expenses 2019: $100,306Net Income 2019: $1,7182019Revenue 2020: $44,060Expenses 2020: $51,047Net Income 2020: -$6,9872020Revenue 2021: $49,574Expenses 2021: $46,068Net Income 2021: $3,5062021Expenses 2022: $642022Revenue 2023: $51,063Expenses 2023: $51,063Net Income 2023: $02023

Highlighted filing

2016

Revenue$104,138
Expenses$95,086
Net Income$9,052
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 1, 2017
Return Version
2016v3.0
Gross Receipts
$104,138
Mission and Program Overview

Mission

Economic development in Morrisville

Program Services

DescriptionGrantsExpenses
Creating a public and private partnership for economic and community development in Morrisville Identify and foster entrepreneurship and community leaders for economic prosperity-$95,086
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amish PatelDirector-$0--
Creighton BlackwellChair-$0--
Brian DonnellyDirector-$0--
Mark LawsonDirector-$0--
Mike LittleDirector-$0--
Roger McGeeDirector-$0--
Annette StevensonDirector-$0--
Sarah GaskillExecutive DirectorPT$0--
Karen OndrickDirector-$0--
Sandy GaretonDirector-$0--
Filing and Contact Details

Filer

Filer Name
Morrisville Innovation Foundation
EIN
46-0829323
Address
260 Town Hall Drive, Morrisville, NC 27560

Signing Officer

Name
Sarah Gaskill
Title
Exec Director
Phone
9194637154
Signed
2017-03-01
Discuss with paid preparer
No

Preparer

Firm
PT CPAs PLLC
Address
7610 Falls of Neuse Rd, Raleigh, NC 27615
Preparer
Joseph Turchetti
Phone
9198476800
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountDues and Subscriptions 1,252Insurance 822Bank Charges and Other 116Direct Program Expenses 89,430Travel and Meals 825Marketing of Programs 1,926Conferences 465”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearDeferred Revenue 0 1,250”

Raw XML Appendix178 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Sarah Gaskill
IRS990EZ/BooksInCareOfDetail/PhoneNum09194637150
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0260 Town Hall Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Morrisville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027560
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09521
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019823
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012650
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt09052
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0250
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09521
IRS990EZ/Form990TotalAssetsGrp/EOYAmt019823
IRS990EZ/GrossReceiptsAmt0104138
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09521
IRS990EZ/NetAssetsOrFundBalancesEOYAmt018573
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09521
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt018573
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt75.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Amish Patel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Creighton Blackwell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Brian Donnelly
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Mark Lawson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Mike Little
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Roger McGee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Annette Stevenson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Sarah Gaskill
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Karen Ondrick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Sandy Gareton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt094836
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Economic development in Morrisville
IRS990EZ/ProgramServiceRevenueAmt091488
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Creating a public and private partnership for economic and community development in Morrisville Identify and foster entrepreneurship and community leaders for economic prosperity
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt095086
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01250
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt095086
IRS990EZ/TotalProgramServiceExpensesAmt095086
IRS990EZ/TotalRevenueAmt0104138
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.morrisvillenc.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt052335
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt069729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt063894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0198608
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89900
IRS990ScheduleA/PublicSupportPY170Pct00.95930
IRS990ScheduleA/PublicSupportTotal170Amt0178552
IRS990ScheduleA/SubstantialContributorsTotAmt020056
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt052335
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt069729
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt063894
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0198608
IRS990ScheduleA/TotalSupportAmt0198608
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDues and Subscriptions 1,252Insurance 822Bank Charges and Other 116Direct Program Expenses 89,430Travel and Meals 825Marketing of Programs 1,926Conferences 465
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearDeferred Revenue 0 1,250
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Sarah Gaskill
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Exec Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09194637154
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Morrisville Innovation Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MORR
ReturnHeader/Filer/EIN0460829323
ReturnHeader/Filer/USAddress/AddressLine1Txt0260 Town Hall Drive
ReturnHeader/Filer/USAddress/CityNm0Morrisville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027560
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId011DBF8B0DF0D0C3AD496A73EC7961EC52E5DC534
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId011DBF8B0DF0D0C3AD496A73EC7961EC52E5DC534
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06964382017090x4cpxlp
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-03-31
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0166.78.5.128
ReturnHeader/FilingSecurityInformation/IPDt02017-03-31
ReturnHeader/FilingSecurityInformation/IPTm014:08:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464529092
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PT CPAs PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07610 Falls of Neuse Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Raleigh
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027615
ReturnHeader/PreparerPersonGrp/PhoneNum09198476800
ReturnHeader/PreparerPersonGrp/PreparationDt02017-03-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph Turchetti
ReturnHeader/ReturnTs02017-03-30T08:59:56-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,823
Liabilities
$1,250
Net assets
$18,573
Revenue
$104,138
Expenses
$95,086
Net income
$9,052
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.36$0.23$0.13$0.51$0.51$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.23$0.13$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.23$0.13$0.50$0.46$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.23$0.10$0.44$0.51$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.23$0.16$1.02$1.00$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.23$0.15$0.89$0.88$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.94$0.98$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$1.04$0.95$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.81$0.81$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.09$0.10$0.88$0.91$0.03
2013Summary only. Only limited summary data is available for this year.$0.13$0.00$0.85$0.72$0.13