Civic Intelligence

Research Valley Innovation Center

990EZ • Fiscal year 2018 • EIN 47-1467046

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 15, 2019

Organization Profileaminnovationcenter.com
1700 Research ParkwayCollege Station, TX 77845

(979) 595-8505

Siviq Scores

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

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

4.17x

Higher debt load relative to revenue than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

1st percentile

-21811%

Higher net margin than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

4th percentile

-79%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$14,147

Down $53,900 (-79%) from 2017

Net Assets

Down

$13,209

Down $49,075 (-79%) from 2017

Liabilities

Down

$938

Down $4,825 (-84%) from 2017

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Down

$225

Down $26,948 (-99%) from 2017

Expenses

Down

$49,300

Down $38,224 (-44%) from 2017

Net Income

Up

-$49,075

Up $11,276 (+19%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$200K$150K$100K$50K$0Assets 2014: $111,904Liabilities 2014: $10,230Net Assets 2014: $101,6742014Assets 2015: $151,939Liabilities 2015: $6,000Net Assets 2015: $145,9392015Assets 2016: $130,021Liabilities 2016: $7,386Net Assets 2016: $122,6352016Assets 2017: $68,047Liabilities 2017: $5,763Net Assets 2017: $62,2842017Assets 2018: $14,147Liabilities 2018: $938Net Assets 2018: $13,2092018Assets 2019: $11,162Liabilities 2019: $0Net Assets 2019: $11,1622019Assets 2020: $23,133Liabilities 2020: $0Net Assets 2020: $23,1332020Assets 2021: $24,405Liabilities 2021: $0Net Assets 2021: $24,4052021

Highlighted filing

2018

Assets$14,147
Liabilities$938
Net Assets$13,209
Open 2018 Filing

Operations Trend

Revenue Growth1st percentile

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

$300K$200K$100K$0-$100KRevenue 2014: $112,500Expenses 2014: $10,826Net Income 2014: $101,6742014Revenue 2015: $184,861Expenses 2015: $140,596Net Income 2015: $44,2652015Revenue 2016: $205,387Expenses 2016: $228,691Net Income 2016: -$23,3042016Revenue 2017: $27,173Expenses 2017: $87,524Net Income 2017: -$60,3512017Revenue 2018: $225Expenses 2018: $49,300Net Income 2018: -$49,0752018Revenue 2019: $0Expenses 2019: $3,673Net Income 2019: -$3,6732019Revenue 2020: $53,542Expenses 2020: $33,942Net Income 2020: $19,6002020Revenue 2021: $37,415Expenses 2021: $36,143Net Income 2021: $1,2722021

Highlighted filing

2018

Revenue$225
Expenses$49,300
Net Income-$49,075
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 15, 2019
Return Version
2017v2.2
Gross Receipts
$225
Mission and Program Overview

Mission

To provide education training and support for area entrepreneurs to create jobs and business opportunities.

To harness regional and state innovation ecosystem resources to provide education, training advisory services, operational guidance and infrastructure support to its member companies, thus creating jobs and business opportunities for the region.

Program Services

DescriptionGrantsExpenses
Provided education, training, guidance and support to its member companies.$42,128-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Don LewisChairman-$0--
Jim JoyceChair-Elect-$0--
Brett CornwellDirector-$0--
James LancasterPresident & CEO-$0--
Filing and Contact Details

Filer

Filer Name
AM Innovation Center Inc
EIN
47-1467046
Phone
9795958505
Address
1700 Research Parkway, College Station, TX 77845

Signing Officer

Name
James Lancaster
Title
President
Signed
2019-08-15
Discuss with paid preparer
Yes

Preparer

Firm
Thompson Derrig & Craig PC
Address
1598 Copperfield Pkwy, College Station, TX 77845-4674
Preparer
Durwood Thompson JrCPA CFP
Phone
9792609696
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $184”

Other Expenses.1012

“Insurance $2466”

Other Expenses.1

“Program Expense $42128”

Other Expenses.2

“operational exp $2590”

Other Expenses.3

“admin costs $957”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $5763 Accounts Payable and Accrued Expenses - Ending $938”

Raw XML Appendix153 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0James Lancaster
IRS990EZ/BooksInCareOfDetail/PhoneNum09795958505
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01700 Research Parkway Ste 150
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0College Station
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077845
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt068047
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IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-49075
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0975
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/Form720FiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0225
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt062284
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013209
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt062284
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Don Lewis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jim Joyce
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Brett Cornwell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3James Lancaster
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chair-elect
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President & CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt048325
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To harness regional and state innovation ecosystem resources to provide education, training advisory services, operational guidance and infrastructure support to its member companies, thus creating jobs and business opportunities for the region.
IRS990EZ/ProgramServiceRevenueAmt0225
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided education, training, guidance and support to its member companies.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt042128
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05763
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0938
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt049300
IRS990EZ/TotalProgramServiceExpensesAmt042128
IRS990EZ/TotalRevenueAmt0225
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0aminnovationcenter.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0225
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt026048
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0199999
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0150000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0112500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0488772
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0488772
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt026048
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0199999
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0150000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0112500
IRS990ScheduleA/Total509Grp/TotalAmt0488772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0225
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt026048
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0199999
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0150000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0112500
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0488772
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $184
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $2466
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Expense $42128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3operational exp $2590
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4admin costs $957
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Payable and Accrued Expenses - Beginning $5763 Accounts Payable and Accrued Expenses - Ending $938
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.1001
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0James Lancaster
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AM Innovation Center Inc
ReturnHeader/Filer/BusinessNameControlTxt0AMIN
ReturnHeader/Filer/EIN0471467046
ReturnHeader/Filer/PhoneNum09795958505
ReturnHeader/Filer/USAddress/AddressLine1Txt01700 Research Parkway
ReturnHeader/Filer/USAddress/CityNm0College Station
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077845
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742581874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Thompson Derrig & Craig PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01598 Copperfield Pkwy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0College Station
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0778454674
ReturnHeader/PreparerPersonGrp/PhoneNum09792609696
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Durwood Thompson JrCPA CFP
ReturnHeader/ReturnTs02019-08-15T11:22:43-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-10-01
ReturnHeader/TaxPeriodEndDt02018-09-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,147
Liabilities
$938
Net assets
$13,209
Revenue
$225
Expenses
$49,300
Net income
-$49,075
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.00$0.24$0.37$0.36$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.54$0.34$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.11$0.00$0.04$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.13$0.00$0.49$0.49
2017Detailed filing. Detailed filing data is available for this year.$0.68$0.06$0.62$0.27$0.88$0.60
2016Summary only. Only limited summary data is available for this year.$1.30$0.07$1.23$2.05$2.29$0.23
2015Detailed filing. Detailed filing data is available for this year.$1.52$0.06$1.46$1.85$1.41$0.44
2014Detailed filing. Detailed filing data is available for this year.$1.12$0.10$1.02$1.13$0.11$1.02