Civic Intelligence

Smarthealth Activator Nfp

990EZ • Fiscal year 2021 • EIN 47-5146231

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 31, 2022

741 Congressional LaneRiverwoods, IL 60015

(773) 610-9643

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

26th percentile

-7.9%

Higher net margin than 26% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Revenue Growth

93rd percentile

216%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,425

Up $10,276 (+116%) from 2020

Net Assets

$1,425

No earlier filing loaded for comparison.

Liabilities

Down

$0

Down $3,811 (-100%) from 2020

Revenue

Up

$18,970

Up $12,970 (+216%) from 2020

Expenses

Up

$20,465

Up $16,654 (+437%) from 2020

Net Income

Down

-$1,495

Down $3,684 (-168%) from 2020

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0-$10KAssets 2015: $1Liabilities 2015: $02015Assets 2016: $1Liabilities 2016: $02016Assets 2017: $1Liabilities 2017: $02017Assets 2018: $6,000Liabilities 2018: $7,5262018Assets 2019: $6,000Liabilities 2019: $20,8512019Assets 2020: -$8,851Liabilities 2020: $3,8112020Assets 2021: $1,425Liabilities 2021: $0Net Assets 2021: $1,4252021Assets 2022: $2,659Liabilities 2022: $0Net Assets 2022: $2,6592022Assets 2023: $2,106Liabilities 2023: $0Net Assets 2023: $2,1062023

Highlighted filing

2021

Assets$1,425
Liabilities$0
Net Assets$1,425

Operations Trend

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

$30K$20K$10K$0-$10K-$20KRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $5,097Expenses 2017: $5,097Net Income 2017: $02017Revenue 2018: $6,000Expenses 2018: $7,526Net Income 2018: -$1,5262018Revenue 2019: $6,000Expenses 2019: $20,851Net Income 2019: -$14,8512019Revenue 2020: $6,000Expenses 2020: $3,811Net Income 2020: $2,1892020Revenue 2021: $18,970Expenses 2021: $20,465Net Income 2021: -$1,4952021Revenue 2022: $6,500Expenses 2022: $5,266Net Income 2022: $1,2342022Revenue 2023: $6,000Expenses 2023: $6,553Net Income 2023: -$5532023

Highlighted filing

2021

Revenue$18,970
Expenses$20,465
Net Income-$1,495
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 31, 2022
Return Version
2021v4.0
Gross Receipts
$18,970
Mission and Program Overview

Mission

SmartHealth Activator (SHA) identifies and advance extraordinary biotechnology being developed at Midwest Universities. The problem we solve is that there are brillant scientist at Midwest Unversities who are develping life-saving biotechnology, but the scientist is simply not equipped to commercialize their research. SHA provides a number of solutions for scientist building technology transfer, corporate creation, IP protection, fundraising, and branding, but most importantly we build operation teams around the scientist. The OPS Team is comprised of elites in biotech who have the experience, expertise, and passion to faciltiate the commercializtion of life-saving biotechnology being develped at Midwest Universities.

Program Services

DescriptionGrantsExpenses
See Schedule o - Education & Training$0$19,000
See Schedule o -Independent Contractors$0$1,421
See Schedule o - Other Expenses$0$45
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom DenisonPresidentFT$0--
Gary WinerBoard DirectorPT$0--
Teddy ScottBoard DirectorPT$0--
Sharon AydBoard DirectorPT$0--
Jeanne PreteSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Smarthealth Activator Nfp
EIN
47-5146231
Address
741 Congressional Lane, Riverwoods, IL 60015

Signing Officer

Name
Jeanne Prete
Title
Executive Director / Secretary
Phone
8576304517
Signed
2022-03-31
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Grants and similar amounts paid : Donations from Employers List: Aptinyx Inc. $1000, Cushman & Wakefield $1000, Exicure $2500, Horizon $2500, Lundbeck LLC $1000, McCarthy Duffy $2500 1000, Vanqua Bio $500, Vetter Pharma $2500, Abbott Labs $1000 & Xontogeny, LLC $1000,

Form 990-EZ, Part I, Line 16

Service Fees: $45

Form 990-EZ, Part II, Line 26

Total Liabilities: Amount Education & Training: $19,000.00 Independent Contractors $1420.60 Other $ 45

Form 990-EZ, Part III, Line (28-31)

SmartHealth Activator (SHA) identifies and advance extraordinary biotechnology being developed at Midwest Universities. problem we solve is that there are brilliant scientist at Midwest Universities who are developing life-saving biotechnology, but the scientist is simply not equipped to commercialize their research. SHA provides a number of solutions for scientist building technology transfer, corporate creation, IP protection, fundraising, and branding, but most importantly we build operation teams around the scientist. The OPS Team is comprised of elites in biotech who have the experience, expertise, and passion to facilitate commercialization of life-saving biotechnology being developed at Midwest Universities. #5 Form and Line Reference Description: Part III, Line 28 / Education & Training SmartHealth Activator hosted a bioscience business competition at Rosalind Franklin University on July 21st, 2021. The competition features 19 Chicago teams/ventures in categories that include therapeutics, medical devices, digital health care and healthcare services The culminating competition will take place in front of a group of industry and venture capital judges, with the top three companies competing for cash prizes. #5 Form and Line Reference Description: Part III, Line 29 / Independent Contractors SmartHealth Activator contracted help from various professional grant writers to assist in growth and goals. SmartHealth Activator is seeking funding to assist in fulfilling our invaluable mission to empower traditional leading life scientist to commercialize innovation that will change face of healthcare and, ultimately, safe lives. #5 Form and Line Reference Description: Part III, Line 30 / Other Expenses Bank Services Charges etc.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants and similar amounts paid : Donations from Employers List: Aptinyx Inc. $1000, Cushman & Wakefield $1000, Exicure $2500, Horizon $2500, Lundbeck LLC $1000, McCarthy Duffy $2500 1000, Vanqua Bio $500, Vetter Pharma $2500, Abbott Labs $1000 & Xontogeny, LLC $1000,
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SmartHealth Activator (SHA) identifies and advance extraordinary biotechnology being developed at Midwest Universities. problem we solve is that there are brilliant scientist at Midwest Universities who are developing life-saving biotechnology, but the scientist is simply not equipped to commercialize their research. SHA provides a number of solutions for scientist building technology transfer, corporate creation, IP protection, fundraising, and branding, but most importantly we build operation teams around the scientist. The OPS Team is comprised of elites in biotech who have the experience, expertise, and passion to facilitate commercialization of life-saving biotechnology being developed at Midwest Universities. #5 Form and Line Reference Description: Part III, Line 28 / Education & Training SmartHealth Activator hosted a bioscience business competition at Rosalind Franklin University on July 21st, 2021. The competition features 19 Chicago teams/ventures in categories that include therapeutics, medical devices, digital health care and healthcare services The culminating competition will take place in front of a group of industry and venture capital judges, with the top three companies competing for cash prizes. #5 Form and Line Reference Description: Part III, Line 29 / Independent Contractors SmartHealth Activator contracted help from various professional grant writers to assist in growth and goals. SmartHealth Activator is seeking funding to assist in fulfilling our invaluable mission to empower traditional leading life scientist to commercialize innovation that will change face of healthcare and, ultimately, safe lives. #5 Form and Line Reference Description: Part III, Line 30 / Other Expenses Bank Services Charges etc.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part III, Line (28-31)
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director / Secretary
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-31
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ReturnHeader/Filer/EIN0475146231
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ReturnHeader/Filer/USAddress/ZIPCd060015
ReturnHeader/ReturnTs02022-03-31T19:34:43-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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