Civic Intelligence

Merivis Foundation Inc.

990EZ • Fiscal year 2019 • EIN 47-3839152

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 20, 2020

6500 River Pl Blvd Bldg 7 Ste 250Austin, TX 78730

(005) 127-3618

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.19x

Higher debt load relative to assets than 83% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

4th percentile

-135%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

96th percentile

$68,400

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 90.3% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

4th percentile

-83%

Faster asset growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

11th percentile

-47%

Faster revenue growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$25,947

Down $122,849 (-83%) from 2018

Net Assets

Down

$20,947

Down $102,449 (-83%) from 2018

Liabilities

Down

$5,000

Down $20,400 (-80%) from 2018

Revenue

Down

$75,744

Down $65,983 (-47%) from 2018

Expenses

Up

$178,193

Up $135,973 (+322%) from 2018

Net Income

Down

-$102,449

Down $201,956 (-203%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2018: $148,796Liabilities 2018: $25,400Net Assets 2018: $123,3962018Assets 2019: $25,947Liabilities 2019: $5,000Net Assets 2019: $20,9472019Assets 2020: $156,688Liabilities 2020: $5,000Net Assets 2020: $151,6882020Assets 2021: $124,169Liabilities 2021: $6,330Net Assets 2021: $117,8392021Assets 2022: $67,393Liabilities 2022: $6,952Net Assets 2022: $60,4412022Assets 2023: $81,240Liabilities 2023: $1,975Net Assets 2023: $79,2652023Assets 2024: $83,003Liabilities 2024: $1,976Net Assets 2024: $81,0272024

Highlighted filing

2019

Assets$25,947
Liabilities$5,000
Net Assets$20,947

Operations Trend

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

$400K$200K$0-$200KRevenue 2018: $141,727Expenses 2018: $42,220Net Income 2018: $99,5072018Revenue 2019: $75,744Expenses 2019: $178,193Net Income 2019: -$102,4492019Revenue 2020: $309,527Expenses 2020: $178,786Net Income 2020: $130,7412020Revenue 2021: $211,790Expenses 2021: $245,639Net Income 2021: -$33,8492021Revenue 2022: $206,138Expenses 2022: $263,536Net Income 2022: -$57,3982022Revenue 2023: $206,797Expenses 2023: $187,973Net Income 2023: $18,8242023Revenue 2024: $176,633Expenses 2024: $174,871Net Income 2024: $1,7622024

Highlighted filing

2019

Revenue$75,744
Expenses$178,193
Net Income-$102,449
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 20, 2020
Return Version
2019v5.0
Gross Receipts
$99,099
Mission and Program Overview

Mission

Merivis empowers veterans and their spouses taking the initiative to begin and advance their careers in cloud computing. Merivis is a nonprofit, volunteer-driven vso that brings the best coaches and partners together to serve our community with a best-in-class curriculum and dedicated family mentality.

Program Services

DescriptionGrantsExpenses
ONGOING TRAINING OF MILITARY VETERANS AND THEIR SPOUSES WHICH ENCOMPASSES ALL ASPECTS OF SALESFORCE ADMINISTRATION, CLOUD COMPUTING AND THE TECHNOLOGY INDUSTRY (ADMINISTRATORS, DEVELOPERS AND BUSINESS ANALYSTS) FOR GUIDANCE AND CERTIFICATION FOR VARIOUS COMPANIES LOOKING TO HIRE VETERANS.$30,000$104,695
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHERINE PEREZSec/Exec DirectorFT$68,400-$68,400
HECTOR PEREZ JRPresident &PT$0--
JOE CASTROTreasurer &PT$0--
STEPHANIE HERRERAGlobal VPPT$0--
AMY FLAMENBAUMSolution PriPT$0--
LEE LOPEZEngmt MgrPT$0--
NOLAN MELSONBoardPT$0--
SHELDON SIMMONSBoardPT$0--
RC RONDER DE MOSIERBoardPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$28,194$28,194$23,355$4,839
Total Events$28,194$28,194$23,355$4,839
Filing and Contact Details

Filer

Filer Name
Merivis Foundation Inc
EIN
47-3839152
Phone
0051273618
Address
6500 RIVER PL BLVD BLDG 7 STE 250, AUSTIN, TX 78730

Signing Officer

Name
Katherine Perez
Title
Sec/exec Director
Phone
5127361815
Signed
2020-09-20
Discuss with paid preparer
Yes

Preparer

Firm
Tremper & Co Llp
Address
3131 ELLIOTT AVE STE 290, SEATTLE, WA 98121
Preparer
Timothy Holm
Phone
2062854456
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses branding & marketing 54,288 general 9,001 other 2 website 5,670 cohort class 20,502 total 89,463

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 25,400 5,000

Form 990-ez, Part III

Merivis empowers veterans and their spouses taking the initiative to begin and advance their careers in cloud computing. Merivis is a nonprofit, volunteer-driven vso that brings the best coaches and partners together to serve our community with a best-in-class curriculum and dedicated family mentality.

Form 990-ez, Part III, Line 28

Ongoing training of military veterans and their spouses which encompasses all aspects of salesforce administration, cloud computing and the technology industry (administrators, developers and business analysts) for guidance and certification for various companies looking to hire veterans.

Raw XML Appendix186 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BRANDING & MARKETING 54,288 GENERAL 9,001 OTHER 2 WEBSITE 5,670 COHORT CLASS 20,502 TOTAL 89,463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 25,400 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MERIVIS EMPOWERS VETERANS AND THEIR SPOUSES TAKING THE INITIATIVE TO BEGIN AND ADVANCE THEIR CAREERS IN CLOUD COMPUTING. MERIVIS IS A NONPROFIT, VOLUNTEER-DRIVEN VSO THAT BRINGS THE BEST COACHES AND PARTNERS TOGETHER TO SERVE OUR COMMUNITY WITH A BEST-IN-CLASS CURRICULUM AND DEDICATED FAMILY MENTALITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ONGOING TRAINING OF MILITARY VETERANS AND THEIR SPOUSES WHICH ENCOMPASSES ALL ASPECTS OF SALESFORCE ADMINISTRATION, CLOUD COMPUTING AND THE TECHNOLOGY INDUSTRY (ADMINISTRATORS, DEVELOPERS AND BUSINESS ANALYSTS) FOR GUIDANCE AND CERTIFICATION FOR VARIOUS COMPANIES LOOKING TO HIRE VETERANS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SEC/EXEC DIRECTOR
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ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY HOLM
ReturnHeader/ReturnTs02020-10-07T15:56:30-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings