Civic Intelligence

Steinbeck Regional Innovation Foundation

990EZ • Fiscal year 2017 • EIN 46-0855701

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 31, 2018

1172 S Main Street Suite 150Salinas, CA 93901

(831) 222-6111

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 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

93rd percentile

119%

Faster asset growth than 93% of similar nonprofits.

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

Revenue Growth

80th percentile

31%

Faster revenue growth than 80% of similar nonprofits.

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

Assets

Up

$26,357

Up $14,348 (+119%) from 2016

Net Assets

$26,357

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$134,684

Up $32,239 (+31%) from 2016

Expenses

Down

$120,336

Down $6,913 (-5.4%) from 2016

Net Income

Up

$14,348

Up $39,152 (+158%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $17,924Liabilities 2013: $0Net Assets 2013: $17,9242013Assets 2014: $37,472Net Assets 2014: $37,4722014Assets 2015: $36,813Net Assets 2015: $36,8132015Assets 2016: $12,009Liabilities 2016: $02016Assets 2017: $26,357Net Assets 2017: $26,3572017Assets 2018: $121,558Liabilities 2018: $0Net Assets 2018: $121,5582018Assets 2019: $18,311Liabilities 2019: $02019Assets 2020: $16,996Net Assets 2020: $16,9962020Assets 2021: $9,812Net Assets 2021: $9,8122021Assets 2022: $9,812Net Assets 2022: $9,8122022Assets 2023: $7,130Liabilities 2023: $02023

Highlighted filing

2017

Assets$26,357
Liabilities-
Net Assets$26,357

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2013: $58,396Expenses 2013: $40,472Net Income 2013: $17,9242013Revenue 2014: $144,952Expenses 2014: $125,404Net Income 2014: $19,5482014Revenue 2015: $75,000Expenses 2015: $75,659Net Income 2015: -$6592015Revenue 2016: $102,445Expenses 2016: $127,249Net Income 2016: -$24,8042016Revenue 2017: $134,684Expenses 2017: $120,336Net Income 2017: $14,3482017Revenue 2018: $200,000Expenses 2018: $104,799Net Income 2018: $95,2012018Revenue 2019: $0Expenses 2019: $103,247Net Income 2019: -$103,2472019Revenue 2020: $0Expenses 2020: $1,315Net Income 2020: -$1,3152020Revenue 2021: $0Expenses 2021: $7,184Net Income 2021: -$7,1842021Revenue 2022: $02022Revenue 2023: $0Expenses 2023: $2,682Net Income 2023: -$2,6822023

Highlighted filing

2017

Revenue$134,684
Expenses$120,336
Net Income$14,348
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 31, 2018
Return Version
2017v2.2
Gross Receipts
$139,930
Mission and Program Overview

Mission

The Steinbeck Innovation Foundation is expanding opportunities for researchers, students and entrepreneurs, and drawing corporate partnership to Steinbeck Country.

Thrive Innovation Foundation is expanding opportunities for researchers, students and entrepreneurs, and drawing corporate partnership to Steinbeck Country.

Program Services

DescriptionGrantsExpenses
Thrive Innovation Foundation is expanding opportunities for researchers, students and entrepreneurs, and drawing corporate partnerships to Steinbeck Country. The organization is run by a Board of Directors with public and private representation. Our initiatives all stem from close partnerships with regional and national leaders in academia and the corporate sector. We are also guided by our informal Steinbeck Committee, a high-level task force with representatives from a diverse array of our area's business, nonprofit and govermental organizations.$121,211-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dennis DonohueDirectorPT$0--
Chris SteinbrunerDirectorPT$0--
Luis AlvarezDirectorPT$0--
Margaret D'ArrigoDirectorPT$0--
Dr Willard LewallenDirectorPT$0--
Richard A MoranDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Thrive Innovation Foundation
EIN
46-0855701
Phone
8312226111
Address
1172 S Main Street Suite 150, Salinas, CA 93901

Signing Officer

Name
Luis Alvarez
Title
Director
Signed
2018-08-31
Discuss with paid preparer
Yes

Preparer

Firm
Steinbruner Hill CPAs
Address
100 Clock Tower Pl Ste 130, Carmel, CA 93923
Preparer
Christy Hill
Phone
8312226111
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $370

Other Expenses.1005

Travel $32

Other Expenses.1009

Depreciation $875

Other Expenses.1012

Insurance $1451

Other Expenses.1

Promotional $95000

Other Expenses.2

Young Innovators $7194

Other Expenses.3

Consulting $5000

Other Expenses.4

Scholarships $5000

Other Expenses.5

Legal & Professional $3803

Other Expenses.6

Hack-a-thon $1455

Other Expenses.7

Bank Fees $96

Other Expenses.8

Taxes & Licenses $60

Other Assets.1002

Furniture and Fixtures - Beginning $6121 Furniture and Fixtures - Ending $0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $370
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/Filer/EIN0460855701
ReturnHeader/Filer/PhoneNum08312226111
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ReturnHeader/PreparerPersonGrp/PhoneNum08312226111
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christy Hill
ReturnHeader/ReturnTs02018-08-31T17:26:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings