Civic Intelligence

Prediction Analytics Research Solution and Execution Limited

990 • Fiscal year 2023 • EIN 47-4999444

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

84 Paul StreetNewton, MA 02459

(617) 548-8520

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

87th percentile

41%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

79th percentile

31%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

131%

Faster revenue growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$465,404

Up $111,066 (+31%) from 2022

Net Assets

Up

$465,404

Up $111,066 (+31%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$297,650

Up $168,700 (+131%) from 2022

Expenses

Up

$176,074

Up $97,083 (+123%) from 2022

Net Income

Up

$121,576

Up $71,617 (+143%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $84,425Liabilities 2016: $0Net Assets 2016: $84,4252016Assets 2017: $99,097Liabilities 2017: $0Net Assets 2017: $99,0972017Assets 2019: $188,991Liabilities 2019: $0Net Assets 2019: $188,9912019Assets 2021: $304,379Liabilities 2021: $0Net Assets 2021: $304,3792021Assets 2022: $354,338Liabilities 2022: $0Net Assets 2022: $354,3382022Assets 2023: $465,404Liabilities 2023: $0Net Assets 2023: $465,4042023Assets 2024: $740,692Liabilities 2024: $0Net Assets 2024: $740,6922024

Highlighted filing

2023

Assets$465,404
Liabilities$0
Net Assets$465,404

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $0Expenses 2016: $9,575Net Income 2016: -$9,5752016Revenue 2017: $32,996Expenses 2017: $18,324Net Income 2017: $14,6722017Revenue 2019: $150,031Expenses 2019: $47,971Net Income 2019: $102,0602019Revenue 2021: $168,135Expenses 2021: $144,600Net Income 2021: $23,5352021Revenue 2022: $128,950Expenses 2022: $78,991Net Income 2022: $49,9592022Revenue 2023: $297,650Expenses 2023: $176,074Net Income 2023: $121,5762023Revenue 2024: $75,108Expenses 2024: $145,891Net Income 2024: -$70,7832024

Highlighted filing

2023

Revenue$297,650
Expenses$176,074
Net Income$121,576
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$297,650
Mission and Program Overview

Mission

The purpose of the company is to efficiently disseminate to the scientific community and to the public state-of-the-art statistical and computational tools to further the development of personalized medicine. The company aims to work closely with scientists, physicians, and other interested parties to provide comprehensive statistical support and consultation services. We will also develop well-documented software packages to expedite the translation of research data into knowledge, products, and tools to improve disease management and healthcare delivery.

Our mission is to develop freely accessible analytical tools and software to aid clinicians and researchers in accurate disease diagnosis, prediction, and personalized treatment strategies, improving patient care and reducing healthcare costs. Additionally, we are committed to supporting education through stem outreach programs and creating user-friendly, open-access software to bridge the gap between research data and practical knowledge in healthcare and public health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$354,338$465,404▲ $111,066
Savings and Temporary Cash Investments-$300,000-
Cash and Non-Interest-Bearing Accounts$354,338$165,404▼ $188,934
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$354,338$465,404▲ $111,066
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$354,338$465,404▲ $111,066
Total Liabilities and Net Assets / Fund Balance$354,338$465,404▲ $111,066
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tianxi CaiPresident
Hajime UnoDirector
Lee-jen WeiDirector
Lu TianDirector
Dr Suchun ChengChief Operating Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$297,650
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$297,650
Change in Net Assets
$121,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$171,074
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$127,194--$127,194
Fees for Services Legal-$21,000-$21,000
Office Expenses-$12,632-$12,632
Grants to Domestic Orgs$5,000--$5,000
Conferences and Meetings$3,230--$3,230
Fees for Services Accounting-$2,650-$2,650
Advertising$1,152--$1,152
Other Expenses$400--$400
Travel-$60-$60
Total Functional Expenses$139,732$36,342$0$176,074
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The draft form 990 is reviewed and approved by board before filing.

Form 990, Part VI, Section B, Line 12C

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.

Form 990, Part VI, Section C, Line 19

These documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Prediction Analytics Research Solution
EIN
47-4999444
Phone
6175488520
Address
84 PAUL STREET, NEWTON, MA 02459

Signing Officer

Name
Suchun Cheng
Title
COO
Phone
6175488520
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suchun Cheng
Formed
2015
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
30 BRAINTREE HL OFFICE PARK STE 300, BRAINTREE, MA 02184
Preparer
Amanda Adams
Phone
7813562000
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The company is dedicated to developing publicly and freely available analytical algorithms and software packages to support clinicians in the accurate diagnosis of diseases, prediction of disease progression, and treatment response. These tools will empower clinical and public health researchers to recommend personalized disease prevention and treatment strategies, enhancing patient care and potentially reducing healthcare costs. In addition, we will provide statistical and software support for predictive analytics to public health and clinical researchers at other non-profit organizations and academic institutions. Our mission extends to education and outreach, where we aim to foster stem education by collaborating with local schools to develop k-12 programs focused on predictive analytics and public health, introducing students to statistical literacy and programming. We will also prioritize the development and dissemination of user-friendly, open-access software to accelerate the translation of research data into actionable insights, supporting both research and education in the broader community.

Form 990, Part IX, Line 11G

Research and other services: program service expenses 127,194. Management and general expenses 0. Fundraising expenses 0. Total expenses 127,194.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMPANY IS DEDICATED TO DEVELOPING PUBLICLY AND FREELY AVAILABLE ANALYTICAL ALGORITHMS AND SOFTWARE PACKAGES TO SUPPORT CLINICIANS IN THE ACCURATE DIAGNOSIS OF DISEASES, PREDICTION OF DISEASE PROGRESSION, AND TREATMENT RESPONSE. THESE TOOLS WILL EMPOWER CLINICAL AND PUBLIC HEALTH RESEARCHERS TO RECOMMEND PERSONALIZED DISEASE PREVENTION AND TREATMENT STRATEGIES, ENHANCING PATIENT CARE AND POTENTIALLY REDUCING HEALTHCARE COSTS. IN ADDITION, WE WILL PROVIDE STATISTICAL AND SOFTWARE SUPPORT FOR PREDICTIVE ANALYTICS TO PUBLIC HEALTH AND CLINICAL RESEARCHERS AT OTHER NON-PROFIT ORGANIZATIONS AND ACADEMIC INSTITUTIONS. OUR MISSION EXTENDS TO EDUCATION AND OUTREACH, WHERE WE AIM TO FOSTER STEM EDUCATION BY COLLABORATING WITH LOCAL SCHOOLS TO DEVELOP K-12 PROGRAMS FOCUSED ON PREDICTIVE ANALYTICS AND PUBLIC HEALTH, INTRODUCING STUDENTS TO STATISTICAL LITERACY AND PROGRAMMING. WE WILL ALSO PRIORITIZE THE DEVELOPMENT AND DISSEMINATION OF USER-FRIENDLY, OPEN-ACCESS SOFTWARE TO ACCELERATE THE TRANSLATION OF RESEARCH DATA INTO ACTIONABLE INSIGHTS, SUPPORTING BOTH RESEARCH AND EDUCATION IN THE BROADER COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DRAFT FORM 990 IS REVIEWED AND APPROVED BY BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RESEARCH AND OTHER SERVICES: PROGRAM SERVICE EXPENSES 127,194. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 127,194.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SUCHUN CHENG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COO
ReturnHeader/BusinessOfficerGrp/PhoneNum06175488520
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PREDICTION ANALYTICS RESEARCH SOLUTION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0AND EXECUTION LIMITED
ReturnHeader/Filer/BusinessNameControlTxt0PRED
ReturnHeader/Filer/EIN0474999444
ReturnHeader/Filer/PhoneNum06175488520
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt030 BRAINTREE HL OFFICE PARK STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRAINTREE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002184
ReturnHeader/PreparerPersonGrp/PhoneNum07813562000
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMANDA ADAMS
ReturnHeader/ReturnTs02024-11-14T08:22:48-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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