Civic Intelligence

Innovation Ideas Institute Corporation

EIN 46-1675454 • 501(c)3 • Cambridge, MA

Profile

Primary exempt purpose - research, educational events and studies for the economic and industrial development in china

1168 Mass AveCambridge, MA 02138

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.70x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

0.85x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

57th percentile

5.6%

Higher net margin than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

23rd percentile

-40%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

23rd percentile

-38%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$95,287

Down $7,406 (-7.2%) from 2020

Liabilities

Down

$40,700

Down $12,206 (-23%) from 2020

Net Assets

$54,587

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue94th percentileNet Margin57th percentile

Revenue

Up

$76,789

Up $17,727 (+30%) from 2020

Expenses

Up

$82,406

Up $19,342 (+31%) from 2020

Net Income

Down

-$5,617

Down $1,615 (-40%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2013: $107,510Liabilities 2013: $0Net Assets 2013: $107,5102013Assets 2014: $65,225Liabilities 2014: $02014Assets 2015: $20,616Net Assets 2015: $20,6162015Assets 2016: $112,647Net Assets 2016: $112,6472016Assets 2018: $59,200Liabilities 2018: $02018Assets 2019: $53,789Liabilities 2019: $02019Assets 2020: $102,693Liabilities 2020: $52,9062020Assets 2021: $95,287Liabilities 2021: $40,700Net Assets 2021: $54,5872021

Highlighted filing

2021

Assets$95,287
Liabilities$40,700
Net Assets$54,587
Open 2021 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2013: $195,300Expenses 2013: $90,790Net Income 2013: $104,5102013Revenue 2014: $8,100Expenses 2014: $48,384Net Income 2014: -$40,2842014Revenue 2015: $31,100Expenses 2015: $35,709Net Income 2015: -$4,6092015Revenue 2016: $101,100Expenses 2016: $49,069Net Income 2016: $52,0312016Revenue 2018: $173,956Expenses 2018: $123,924Net Income 2018: $50,0322018Revenue 2019: $102,589Expenses 2019: $108,000Net Income 2019: -$5,4112019Revenue 2020: $59,062Expenses 2020: $63,064Net Income 2020: -$4,0022020Revenue 2021: $76,789Expenses 2021: $82,406Net Income 2021: -$5,6172021

Highlighted filing

2021

Revenue$76,789
Expenses$82,406
Net Income-$5,617
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$95,287
Liabilities
$40,700
Net assets
$54,587
Revenue
$76,789
Expenses
$82,406
Net income
-$5,617
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.41$0.55$0.77$0.82$0.06
2020Summary only. Only limited summary data is available for this year.$1.03$0.53$0.59$0.63$0.04
2019Summary only. Only limited summary data is available for this year.$0.54$0.00$1.03$1.08$0.05
2018Summary only. Only limited summary data is available for this year.$0.59$0.00$1.74$1.24$0.50
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$1.13$1.01$0.49$0.52
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.21$0.31$0.36$0.05
2014Summary only. Only limited summary data is available for this year.$0.65$0.00$0.08$0.48$0.40
2013Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$1.95$0.91$1.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 12, 2022
Return Version
2021v4.0
Gross Receipts
$76,789
Mission and Program Overview

Mission

Primary exempt purpose - research, educational events and studies for the economic and industrial development in china

Building up innovation thought leadership through research and educational activities

Program Services

DescriptionGrantsExpenses
Established the leading position in building up a virtual and visual innovation ecosystem for academic leaders, innovation leaders, startup disruptors, and VCs, which has not been existing on the market before. It is the first and only one so far emerging out of post COVID era.$75,000$55,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lin YangPresidentFT$0$10,000$10,000
Sam HuDirectorPT$0--
Bruce HechtDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Innovation Ideas Institute Corporation
EIN
46-1675454
Phone
6177109986
Address
1168 Mass Ave, Cambridge, MA 02138

Signing Officer

Name
Lin Yang
Title
President
Phone
6177109986
Signed
2022-03-12
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Bank of America paid partial SBA loan for our organization in the amount of $1789.33”

Form 990-EZ, Part I, Line 16

“Fuels/Tolls: $186 Marketing: $1200 Meals: $8900 Office Expenses: $2700 Business Travel: $32220”

Form 990-EZ, Part I, Line 20

“Bank of America helped paid partial PPP loan of $1789 which is regarded as taxable income”

Form 990-EZ, Part II, Line 26

“EIDL loan amount”

Raw XML Appendix183 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Lin Yang
IRS990EZ/BooksInCareOfDetail/PhoneNum06177109986
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01168 Mass Ave
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt03
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Cambridge
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002138
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0102693
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt095287
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt075000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-5617
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05000
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0102693
IRS990EZ/Form990TotalAssetsGrp/EOYAmt095287
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt076789
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt061993
IRS990EZ/NetAssetsOrFundBalancesEOYAmt054587
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt061993
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt054587
IRS990EZ/OccupancyRentUtltsAndMaintAmt032200
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt060
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt010000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Lin Yang
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Sam Hu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Bruce Hecht
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-1789
IRS990EZ/OtherExpensesTotalAmt045206
IRS990EZ/OtherRevenueTotalAmt01789
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Building up innovation thought leadership through research and educational activities
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Established the leading position in building up a virtual and visual innovation ecosystem for academic leaders, innovation leaders, startup disruptors, and VCs, which has not been existing on the market before. It is the first and only one so far emerging out of post COVID era.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt075000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt055000
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt040700
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt040700
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt082406
IRS990EZ/TotalProgramServiceExpensesAmt055000
IRS990EZ/TotalRevenueAmt076789
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.innovationideasinstitute.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt075000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0173956
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0349456
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09062
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09062
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01789
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09062
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt010851
IRS990ScheduleA/InvestmentIncomeCYPct00.03012
IRS990ScheduleA/InvestmentIncomePYPct00.15
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt01789
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt01789
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96988
IRS990ScheduleA/PublicSupportPY509Pct00.85
IRS990ScheduleA/PublicSupportTotal509Amt0349456
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt075000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0173956
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/Total509Grp/TotalAmt0349456
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt076789
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt059062
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0173956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0360307
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Bank of America paid partial SBA loan for our organization in the amount of $1789.33
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Fuels/Tolls: $186 Marketing: $1200 Meals: $8900 Office Expenses: $2700 Business Travel: $32220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank of America helped paid partial PPP loan of $1789 which is regarded as taxable income
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EIDL loan amount
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Lin Yang
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06177109986
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INNOVATION IDEAS INSTITUTE CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0INNO
ReturnHeader/Filer/EIN0461675454
ReturnHeader/Filer/PhoneNum06177109986
ReturnHeader/Filer/USAddress/AddressLine1Txt01168 Mass Ave
ReturnHeader/Filer/USAddress/CityNm0Cambridge
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002138
ReturnHeader/ReturnTs02022-03-11T20:29:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits