Civic Intelligence

Gainesville Area Innovation Network Inc.

990EZ • Fiscal year 2020 • EIN 59-2908217

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

PO Box 141556Gainesville, FL 32614-1556

(352) 373-2035

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

9th percentile

-83%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

9th percentile

-45%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

21st percentile

-51%

Faster revenue growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$65,615

Down $53,708 (-45%) from 2019

Net Assets

Down

$65,615

Down $50,564 (-44%) from 2019

Liabilities

Down

$0

Down $3,144 (-100%) from 2019

Revenue

Down

$61,262

Down $64,938 (-51%) from 2019

Expenses

Up

$111,826

Up $78,176 (+232%) from 2019

Net Income

Down

-$50,564

Down $143,114 (-155%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $30,383Liabilities 2013: $0Net Assets 2013: $30,3832013Assets 2014: $74,961Liabilities 2014: $0Net Assets 2014: $74,9612014Assets 2015: $86,102Liabilities 2015: $3,144Net Assets 2015: $82,9582015Assets 2016: $53,471Liabilities 2016: $3,144Net Assets 2016: $50,3272016Assets 2017: $32,637Liabilities 2017: $3,144Net Assets 2017: $29,4932017Assets 2018: $26,773Liabilities 2018: $3,144Net Assets 2018: $23,6292018Assets 2019: $119,323Liabilities 2019: $3,144Net Assets 2019: $116,1792019Assets 2020: $65,615Liabilities 2020: $0Net Assets 2020: $65,6152020Assets 2021: $68,656Liabilities 2021: $0Net Assets 2021: $68,6562021Assets 2022: $68,120Net Assets 2022: $68,1202022Assets 2023: $83,493Net Assets 2023: $83,4932023

Highlighted filing

2020

Assets$65,615
Liabilities$0
Net Assets$65,615

Operations Trend

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

$200K$100K$0-$100KRevenue 2013: $52,314Expenses 2013: $44,578Net Income 2013: $7,7362013Revenue 2014: $175,989Expenses 2014: $131,411Net Income 2014: $44,5782014Revenue 2015: $154,456Expenses 2015: $146,459Net Income 2015: $7,9972015Revenue 2016: $93,418Expenses 2016: $126,049Net Income 2016: -$32,6312016Revenue 2017: $55,754Expenses 2017: $76,588Net Income 2017: -$20,8342017Revenue 2018: $11,601Expenses 2018: $17,465Net Income 2018: -$5,8642018Revenue 2019: $126,200Expenses 2019: $33,650Net Income 2019: $92,5502019Revenue 2020: $61,262Expenses 2020: $111,826Net Income 2020: -$50,5642020Revenue 2021: $71,735Expenses 2021: $68,694Net Income 2021: $3,0412021Revenue 2022: $166,224Expenses 2022: $168,895Net Income 2022: -$2,6712022Revenue 2023: $63,068Expenses 2023: $47,695Net Income 2023: $15,3732023

Highlighted filing

2020

Revenue$61,262
Expenses$111,826
Net Income-$50,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$61,262
Mission and Program Overview

Mission

To inspire, connect and educate entrepreneurs who want to change the world.

Program Services

DescriptionGrantsExpenses
ENTREPRENEUR EVENTS:STARTUP WEEKENDS - ALLOWS ENTREPRENEURS TO FORM TEAMS, WORKSHOP, AND CREATE SOLUTIONS TO PROBLEMS OVER THE COURSE OF 54 HOURS CULMINATING IN A PITCH COMPETITION. CELEBRATEGNV - PROVIDES AN OPPORTUNITY FOR EARLY-STAGE COMPANIES TO PRESENT AND COMPETE FOR CASH PRIZES AS DETERMINED BY THE JUDGES.BARCAMP AND SUPER MEETUP - COORDINATED EVENTS TO CONNECT TECH ENTREPRENEURS WITH MENTORS AND SIMILAR STAGE COMPANIES.TECH INITIATIVE - TO CREATE AND PROMOTE A WEB PORTAL SHOWCASING GREATER GAINESVILLE'S INNOVATION ECOSYSTEM, WITH A SPOTLIGHT ON THE COMPANIES AND CAREER OPPORTUNITIES THEREIN.$0$109,303
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MELISA WHITESecretary/Treasurer-$0--
MIKAYLA PAISLEYDirector-$0--
WILL RICHARDSONVice President-$0--
BIENVENIDO TORRESDirector-$0--
BRYAN TOBINDirector-$0--
GREGG ROBINSONDirector-$0--
CURTIS MCMILLENDirector-$0--
HANNAH YEARGANDirector-$0--
JAMES GIBSONPresident Elect-$0--
ELLIOT WELKERDirector-$0--
LINDSEY DAYDirector-$0--
SEYI OLUWALEIMUDirector-$0--
Filing and Contact Details

Filer

Filer Name
Gainesville Area Innovation Network
EIN
59-2908217
Phone
3523732035
Address
PO BOX 141556, GAINESVILLE, FL 32614-1556

Signing Officer

Name
Aidan Augustin
Title
Officer
Phone
3523732035
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
James Moore & Co Pl
Address
5931 NW 1ST PLACE, GAINESVILLE, FL 32607-2063
Preparer
Jeremy Wright
Phone
3523781331
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest & dividend income. Amount: 52.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: marketing expenses. Amount: 6,213. Description: office expenses. Amount: 1,373. Description: bank and credit card fees. Amount: 5,020. Description: miscellaneous expense. Amount: 2,628. Description: taxes and licenses. Amount: 195. Total to form 990-ez, line 16: 15,429.

Form 990-ez, Part II, Line 24 - Other Assets

Description: due from paypal. Beg. Of year amount: 4,400. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 4,398. End of year amount: 4,400.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: jerry declasse scholarship fund. Beg. Of year amount: 3,144. End of year amount: 0.

Raw XML Appendix237 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ENTREPRENEUR EVENTS:STARTUP WEEKENDS - ALLOWS ENTREPRENEURS TO FORM TEAMS, WORKSHOP, AND CREATE SOLUTIONS TO PROBLEMS OVER THE COURSE OF 54 HOURS CULMINATING IN A PITCH COMPETITION. CELEBRATEGNV - PROVIDES AN OPPORTUNITY FOR EARLY-STAGE COMPANIES TO PRESENT AND COMPETE FOR CASH PRIZES AS DETERMINED BY THE JUDGES.BARCAMP AND SUPER MEETUP - COORDINATED EVENTS TO CONNECT TECH ENTREPRENEURS WITH MENTORS AND SIMILAR STAGE COMPANIES.TECH INITIATIVE - TO CREATE AND PROMOTE A WEB PORTAL SHOWCASING GREATER GAINESVILLE'S INNOVATION ECOSYSTEM, WITH A SPOTLIGHT ON THE COMPANIES AND CAREER OPPORTUNITIES THEREIN.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST & DIVIDEND INCOME. AMOUNT: 52.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MARKETING EXPENSES. AMOUNT: 6,213. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,373. DESCRIPTION: BANK AND CREDIT CARD FEES. AMOUNT: 5,020. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 2,628. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 195. TOTAL TO FORM 990-EZ, LINE 16: 15,429.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE FROM PAYPAL. BEG. OF YEAR AMOUNT: 4,400. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 4,398. END OF YEAR AMOUNT: 4,400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: JERRY DECLASSE SCHOLARSHIP FUND. BEG. OF YEAR AMOUNT: 3,144. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY WRIGHT
ReturnHeader/ReturnTs02021-11-15T13:29:49-06:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxYr02020

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