Civic Intelligence

Great Valley Technology Institute

990 • Fiscal year 2015 • EIN 68-0536193

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 10, 2015

201 Lackawanna Ave 201Scranton, PA 18503

(570) 341-8099

Siviq Scores

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

Liabilities / Assets

84th percentile

0.25x

Higher debt load relative to assets than 84% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

0.16x

Higher debt load relative to revenue than 85% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

6th percentile

-67%

Higher net margin than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

11th percentile

-41%

Faster asset growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-62%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$53,613

Down $37,715 (-41%) from 2014

Net Assets

Down

$40,169

Down $38,837 (-49%) from 2014

Liabilities

Up

$13,444

Up $1,122 (+9.1%) from 2014

Revenue

Down

$84,080

Down $138,789 (-62%) from 2014

Expenses

Down

$140,674

Down $74,574 (-35%) from 2014

Net Income

Down

-$56,594

Down $64,215 (-843%) from 2014

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2011: $123,504Liabilities 2011: $2,676Net Assets 2011: $120,8282011Assets 2012: $84,211Liabilities 2012: $6,6502012Assets 2013: $89,008Liabilities 2013: $17,623Net Assets 2013: $71,3852013Assets 2014: $91,328Liabilities 2014: $12,322Net Assets 2014: $79,0062014Assets 2015: $53,613Liabilities 2015: $13,444Net Assets 2015: $40,1692015Assets 2016: $60,516Liabilities 2016: $13,480Net Assets 2016: $47,0362016Assets 2017: $63,040Liabilities 2017: $2,500Net Assets 2017: $60,5402017Assets 2018: $6,225Liabilities 2018: $63,239Net Assets 2018: -$57,0142018Assets 2019: $29,119Liabilities 2019: $93,182Net Assets 2019: -$64,0632019Assets 2020: $72,698Liabilities 2020: $91,195Net Assets 2020: -$18,4972020Assets 2021: $16,176Liabilities 2021: $53,713Net Assets 2021: -$37,5372021Assets 2022: $122,153Liabilities 2022: $135,923Net Assets 2022: -$13,7702022Assets 2023: $113,965Liabilities 2023: $119,164Net Assets 2023: -$5,1992023Assets 2024: $136,332Liabilities 2024: $140,486Net Assets 2024: -$4,1542024

Highlighted filing

2015

Assets$53,613
Liabilities$13,444
Net Assets$40,169

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $256,343Expenses 2011: $528,488Net Income 2011: -$272,1452011Revenue 2012: $123,815Expenses 2012: $167,082Net Income 2012: -$43,2672012Revenue 2013: $236,850Expenses 2013: $243,026Net Income 2013: -$6,1762013Revenue 2014: $222,869Expenses 2014: $215,248Net Income 2014: $7,6212014Revenue 2015: $84,080Expenses 2015: $140,674Net Income 2015: -$56,5942015Revenue 2016: $166,021Expenses 2016: $159,154Net Income 2016: $6,8672016Revenue 2017: $174,918Expenses 2017: $336,904Net Income 2017: -$161,9862017Expenses 2018: $57,7392018Revenue 2019: $218,464Expenses 2019: $225,513Net Income 2019: -$7,0492019Revenue 2020: $281,277Expenses 2020: $235,711Net Income 2020: $45,5662020Revenue 2021: $165,355Expenses 2021: $184,395Net Income 2021: -$19,0402021Revenue 2022: $253,458Expenses 2022: $229,691Net Income 2022: $23,7672022Revenue 2023: $277,315Expenses 2023: $268,744Net Income 2023: $8,5712023Revenue 2024: $435,316Expenses 2024: $434,271Net Income 2024: $1,0452024

Highlighted filing

2015

Revenue$84,080
Expenses$140,674
Net Income-$56,594
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 10, 2015
Return Version
2014v6.0
Gross Receipts
$84,080
Mission and Program Overview

Mission

Work with community partners to promote entrepreneurship, innovation and the knowledge economy in nepa.

Act on behalf of the cummunity, its property resources and solutions in higher education with businesses and goverment in need of technology solutions

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$46,139$14,183▼ $31,956
Total Assets$91,328$53,613▼ $37,715
Other Assets Total$45,189$39,430▼ $5,759
Liabilities
Accounts Payable and Accrued Expenses$8,920$10,000▲ $1,080
Other Liabilities$3,402$3,444▲ $42
Total Liabilities$12,322$13,444▲ $1,122
Net Assets / Fund Balance
Unrestricted Net Assets$79,006$40,169▼ $38,837
Total Net Assets Fund Balance$79,006$40,169▼ $38,837
Total Liabilities and Net Assets / Fund Balance$91,328$53,613▼ $37,715

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$39,430--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$36,580
Program Service Revenue
$47,500
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-56,594
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$73,689
Other Expenses$66,985
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$52,746$13,187$0$65,933
Insurance$4,666$2,391$0$7,057
All Other Expenses$4,453$970$0$5,423
Payroll Taxes$4,005$1,001$0$5,006
Occupancy$3,226$806$0$4,032
Fees for Services Accounting$3,200$800$0$4,000
Pension Plan Contributions$2,200$0$0$2,200
Other Expenses$1,275$0$0$1,275
Office Expenses$583$173$0$756
Other Employee Benefits$0$550$0$550
Total Functional Expenses$120,796$19,878$0$140,674
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Payable$2,750
Payroll Taxes Payable$694
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Great Valley Technology Institute
EIN
68-0536193
Phone
5703418099
Address
201 LACKAWANNA AVE 201, SCRANTON, PA 18503

Signing Officer

Name
Tiffany Cross Luciani
Title
Managing Director
Phone
5703418099
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Same as Above
Formed
2003
Legal Domicile
Pa
Voting Board Members
29
Independent Board Members
29
Employees
1
Volunteers
0

Preparer

Firm
Joseph M Alu Associates PC
Address
321 Spruce St Ste 1000, Scranton, PA 18503
Preparer
Joseph M Alu CPA
Phone
5703420405
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

No review was or will be conducted

Pt VI, Line 15A

The board of directors annually reviews

Pt VI, Line 15B

Board of directors determine salaries

Form 990, Part IX, Line 24F

Internet hosting 151. 151. 0. 0. Registration fees 150. 150. 0. 0. Consulting 125. 125. 0. 0. Dues and memberships 604. 304. 300. 0. Telephone 1313. 1111. 202. 0. Payroll service fee 881. 705. 176. 0. Postage 186. 149. 37. 0. Leadership meeting 921. 737. 184. 0. Meals 551. 551. 0. 0. Miscellaneous 470. 470. 0. 0. Travel 71. 0. 71. 0.

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IRS990/OfficeExpensesGrp/TotalAmt0756
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt045189
IRS990/OtherAssetsTotalGrp/EOYAmt039430
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0550
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0550
IRS990/OtherExpensesGrp/Desc0KEYSTONE INNOVATION NETWORK GRANT
IRS990/OtherExpensesGrp/Desc1REGIONAL RESOURCE PORTAL
IRS990/OtherExpensesGrp/Desc2KIN INTERNSHIP
IRS990/OtherExpensesGrp/Desc3PUBLIC RELATIONS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt023750
IRS990/OtherExpensesGrp/ProgramServicesAmt119990
IRS990/OtherExpensesGrp/ProgramServicesAmt2702
IRS990/OtherExpensesGrp/ProgramServicesAmt31275
IRS990/OtherExpensesGrp/TotalAmt023750
IRS990/OtherExpensesGrp/TotalAmt119990
IRS990/OtherExpensesGrp/TotalAmt2702
IRS990/OtherExpensesGrp/TotalAmt31275
IRS990/OtherLiabilitiesGrp/BOYAmt03402
IRS990/OtherLiabilitiesGrp/EOYAmt03444
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01001
IRS990/PayrollTaxesGrp/ProgramServicesAmt04005
IRS990/PayrollTaxesGrp/TotalAmt05006
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02200
IRS990/PensionPlanContributionsGrp/TotalAmt02200
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SAME AS ABOVE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0999999
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIPS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt047500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt047500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0169750
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0138502
IRS990/PYOtherRevenueAmt0619
IRS990/PYProgramServiceRevenueAmt052500
IRS990/PYRevenuesLessExpensesAmt07621
IRS990/PYSalariesCompEmpBnftPaidAmt076746
IRS990/PYTotalExpensesAmt0215248
IRS990/PYTotalRevenueAmt0222869
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-56594
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt084080
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0222869
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0236850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0123815
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0256065
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0923679
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0278
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0278
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0278
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0278
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00110
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99890
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0923679
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt084080
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0222869
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0236850
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0123815
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0256065
IRS990ScheduleA/Total509Grp/TotalAmt0923679
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0923957
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt039430
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE TO/ FROM GREAT VALLEY TECHNOLOGY ALLIANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION PAYABLE
IRS990ScheduleD/TotalBookValueOtherAssetsAmt039430
IRS990ScheduleD/TotalLiabilityAmt03444
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ANNUALLY REVIEWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS DETERMINE SALARIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INTERNET HOSTING 151. 151. 0. 0. REGISTRATION FEES 150. 150. 0. 0. CONSULTING 125. 125. 0. 0. DUES AND MEMBERSHIPS 604. 304. 300. 0. TELEPHONE 1313. 1111. 202. 0. PAYROLL SERVICE FEE 881. 705. 176. 0. POSTAGE 186. 149. 37. 0. LEADERSHIP MEETING 921. 737. 184. 0. MEALS 551. 551. 0. 0. MISCELLANEOUS 470. 470. 0. 0. TRAVEL 71. 0. 71. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt091328
IRS990/TotalAssetsEOYAmt053613
IRS990/TotalAssetsGrp/BOYAmt091328
IRS990/TotalAssetsGrp/EOYAmt053613
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt036580
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019878
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0120796

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.36$1.40$0.04$4.35$4.34$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.14$1.19$0.05$2.77$2.69$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.22$1.36$0.14$2.53$2.30$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.16$0.54$0.38$1.65$1.84$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.91$0.18$2.81$2.36$0.46
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.93$0.64$2.18$2.26$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.63$0.57$0.58
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.03$0.61$1.75$3.37$1.62
2016Summary only. Only limited summary data is available for this year.$0.61$0.13$0.47$1.66$1.59$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.13$0.40$0.84$1.41$0.57
2014Detailed filing. Detailed filing data is available for this year.$0.91$0.12$0.79$2.23$2.15$0.08
2013Summary only. Only limited summary data is available for this year.$0.89$0.18$0.71$2.37$2.43$0.06
2012Summary only. Only limited summary data is available for this year.$0.84$0.07$1.24$1.67$0.43
2011Summary only. Only limited summary data is available for this year.$1.24$0.03$1.21$2.56$5.28$2.72