Civic Intelligence

Gainesville Area Innovation Network Inc.

990EZ • Fiscal year 2019 • EIN 59-2908217

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

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

70th percentile

0.03x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

96th percentile

73%

Higher net margin than 96% of similar nonprofits.

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

Top Officer Pay

81st percentile

$12,611

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

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

Asset Growth

97th percentile

346%

Faster asset growth than 97% of similar nonprofits.

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

Revenue Growth

99th percentile

988%

Faster revenue growth than 99% of similar nonprofits.

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

Assets

Up

$119,323

Up $92,550 (+346%) from 2018

Net Assets

Up

$116,179

Up $92,550 (+392%) from 2018

Liabilities

Flat

$3,144

Flat from 2018

Revenue

Up

$126,200

Up $114,599 (+988%) from 2018

Expenses

Up

$33,650

Up $16,185 (+93%) from 2018

Net Income

Up

$92,550

Up $98,414 (+1678%) from 2018

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

2019

Assets$119,323
Liabilities$3,144
Net Assets$116,179

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

2019

Revenue$126,200
Expenses$33,650
Net Income$92,550
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$156,696
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$32,888
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAUREN HEMINGWAYExecutive DirectorPT$12,611-$12,611
MELISA WHITESecretary-$0--
MIKAYLA PAISLEYDirector-$0--
BENNY TORRESDirector-$0--
JAMES RUFFERDirector-$0--
WILL RICHARDSONVice President-$0--
ARIANA ARAGONDirector-$0--
AIDAN AUGUSTINPresident-$0--
JEREMY WRIGHTTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Other Events$58,417$18,417$7,141$11,276
Total Events$58,417$18,417$30,496$-12,079
Filing and Contact Details

Filer

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

Signing Officer

Name
Jeremy D Wright
Title
Officer
Phone
3523732035
Signed
2020-11-16
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. Amount: 107.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: misc other income. Amount: 513.

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

Description: marketing expenses. Amount: 12,810. Description: office expenses. Amount: 1,304. Description: tech initiative program expenses. Amount: 5,650. Total to form 990-ez, line 16: 19,764.

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

Description: due from paypal. Beg. Of year amount: 1,497. End of year amount: 4,400. Description: accounts receivable. Beg. Of year amount: 3,112. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 4,398. End of year amount: 4,398.

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

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

Raw XML Appendix242 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/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 107.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISC OTHER INCOME. AMOUNT: 513.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MARKETING EXPENSES. AMOUNT: 12,810. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,304. DESCRIPTION: TECH INITIATIVE PROGRAM EXPENSES. AMOUNT: 5,650. TOTAL TO FORM 990-EZ, LINE 16: 19,764.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE FROM PAYPAL. BEG. OF YEAR AMOUNT: 1,497. END OF YEAR AMOUNT: 4,400. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 3,112. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 4,398. END OF YEAR AMOUNT: 4,398.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: JERRY DECLASSE SCHOLARSHIP FUND. BEG. OF YEAR AMOUNT: 3,144. END OF YEAR AMOUNT: 3,144.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0326072063
ReturnHeader/PreparerPersonGrp/PhoneNum03523781331
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY WRIGHT
ReturnHeader/ReturnTs02020-11-16T16:52:25-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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