Civic Intelligence

The Unreasonable Institute

990 • Fiscal year 2015 • EIN 80-0534659

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 08, 2016

1801 13th Street Ste 400Boulder, CO 80302

(303) 709-5323

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

28th percentile

0.03x

Higher debt load relative to revenue than 28% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

5th percentile

-59%

Higher net margin than 5% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

59th percentile

$80,000

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

4th percentile

-28%

Faster asset growth than 4% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-63%

Faster revenue growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,311,044

Down $514,717 (-28%) from 2014

Net Assets

Down

$1,293,229

Down $358,379 (-22%) from 2014

Liabilities

Down

$17,815

Down $156,338 (-90%) from 2014

Revenue

Down

$606,606

Down $1,026,584 (-63%) from 2014

Expenses

Down

$964,985

Down $293,845 (-23%) from 2014

Net Income

Down

-$358,379

Down $732,739 (-196%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $42,949Liabilities 2011: $635Net Assets 2011: $42,3142011Assets 2012: $542,824Liabilities 2012: $4,959Net Assets 2012: $537,8652012Assets 2013: $1,291,724Liabilities 2013: $14,476Net Assets 2013: $1,277,2482013Assets 2014: $1,825,761Liabilities 2014: $174,153Net Assets 2014: $1,651,6082014Assets 2015: $1,311,044Liabilities 2015: $17,815Net Assets 2015: $1,293,2292015Assets 2016: $2,793,383Liabilities 2016: $53,167Net Assets 2016: $2,740,2162016Assets 2017: $1,263,460Liabilities 2017: $390,586Net Assets 2017: $872,8742017Assets 2018: $1,596,272Liabilities 2018: $536,637Net Assets 2018: $1,059,6352018Assets 2019: $1,734,129Liabilities 2019: $48,655Net Assets 2019: $1,685,4742019Assets 2020: $1,922,762Liabilities 2020: $515,880Net Assets 2020: $1,406,8822020Assets 2021: $1,387,104Liabilities 2021: $288,020Net Assets 2021: $1,099,0842021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2015

Assets$1,311,044
Liabilities$17,815
Net Assets$1,293,229

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2011: $427,7062011Expenses 2012: $680,1012012Revenue 2013: $1,444,372Expenses 2013: $704,989Net Income 2013: $739,3832013Revenue 2014: $1,633,190Expenses 2014: $1,258,830Net Income 2014: $374,3602014Revenue 2015: $606,606Expenses 2015: $964,985Net Income 2015: -$358,3792015Revenue 2016: $2,924,975Expenses 2016: $1,477,988Net Income 2016: $1,446,9872016Revenue 2017: $1,177,719Expenses 2017: $1,308,469Net Income 2017: -$130,7502017Revenue 2018: $1,105,982Expenses 2018: $919,221Net Income 2018: $186,7612018Revenue 2019: $1,936,449Expenses 2019: $1,739,301Net Income 2019: $197,1482019Revenue 2020: $1,733,360Expenses 2020: $2,011,952Net Income 2020: -$278,5922020Revenue 2021: $1,716,485Expenses 2021: $2,024,283Net Income 2021: -$307,7982021Revenue 2022: $216,622Expenses 2022: $1,268,948Net Income 2022: -$1,052,3262022

Highlighted filing

2015

Revenue$606,606
Expenses$964,985
Net Income-$358,379
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 8, 2016
Return Version
2015v2.0
Gross Receipts
$606,606
Mission and Program Overview

Mission

Educate, train and support entrepreneurs to launch financially sustainable businesses and non-profit organizations to provide solutions to global economic, social and environmental issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,123,759$424,927▼ $698,832
Cash and Non-Interest-Bearing Accounts$149,780$293,637▲ $143,857
Other Notes and Loans Receivable, Net$15,019$8,928▼ $6,091
Accounts Receivable$48,638$8,620▼ $40,018
Prepaid Expenses and Deferred Charges$5,761$4,823▼ $938
Investments in Publicly Traded Securities$4$304▲ $300
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,825,761$1,311,044▼ $514,717
Other Assets Total$482,800$569,805▲ $87,005
Liabilities
Accounts Payable and Accrued Expenses$17,995$11,709▼ $6,286
Unsecured Notes Loans Payable$156,158$4,316▼ $151,842
Other Liabilities-$1,790-
Total Liabilities$174,153$17,815▼ $156,338
Net Assets / Fund Balance
Unrestricted Net Assets$1,166,191$830,124▼ $336,067
Temporarily Rstr Net Assets$485,417$463,105▼ $22,312
Total Net Assets Fund Balance$1,651,608$1,293,229▼ $358,379
Total Liabilities and Net Assets / Fund Balance$1,825,761$1,311,044▼ $514,717

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tyler HartungCOOFT$80,000$80,000
Tejasvi RavilochanCEOFT$73,427$73,427

Board Members and Trustees

NameTitle
Gayle YoungDirector
Seth LevineDirector
Tom ChiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$211,425
Program Service Revenue
$358,226
Investment Income
$36,955
Other Revenue
$0
All Other Contributions
$211,425
Change in Net Assets
$-358,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$632,778
Other Expenses$325,116
Total Fundraising Expense$103,008
Grants and Similar Amounts Paid$7,091
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$240,221$96,517$56,131$392,869
Current Officers, Directors, Trustees, and Key Employees$93,813$37,693$21,921$153,427
Occupancy$31,272$15,897-$47,169
All Other Expenses$17,172$22,493$2,931$42,596
Payroll Taxes-$42,311-$42,311
Fees for Services Other-$37,830-$37,830
Travel$26,924$2,200$3,725$32,849
Other Employee Benefits-$29,187-$29,187
Other Expenses$25,580$27,469$18,300$18,300
Pension Plan Contributions-$14,984-$14,984
Insurance-$10,833-$10,833
Foreign Grants$7,091--$7,091
Total Functional Expenses$524,563$337,414$103,008$964,985
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits Returnable$1,750
Credit Card Payable$40
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 has been reviewed by coo and submitted to full board for review and comment.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Board of directors compared compensation for other non-profits.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Board of directors compared compensation for other non-profits.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Organization makes copies of governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
The Unreasonable Institute
EIN
80-0534659
Phone
3037095323
Address
1801 13TH STREET STE 400, BOULDER, CO 80302

Signing Officer

Name
Tyler Hartung
Title
Treasurer
Signed
2016-08-08
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
3
Employees
14
Volunteers
2

Preparer

Firm
Henry Waters & Associates Inc
Address
4740 Table Mesa Drive, Boulder, CO 80305-5541
Preparer
Charles Wiens
Phone
3034944050
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0116443
IRS990/ProgSrvcAccomActy3Grp/Desc0WE HOSTED VARIOUS EVENTS AND PROGRAMS TO HELP THE ENTREPRENEURS WE SUPPORT RAISE FUNDING. THE MAIN PART OF THIS WAS AN IN PERSON INVESTOR GATHERING WHERE 25 OF OUR VENTURES FROM AROUND THE WORLD MET WITH 80 FUNDERS FROM AROUND THE WORLD AT AN IN PERSON 2 DAY PROGRAM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt079695
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt054424
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01400563
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0534958
IRS990/PYInvestmentIncomeAmt033733
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0295517
IRS990/PYProgramServiceRevenueAmt0198894
IRS990/PYRevenuesLessExpensesAmt0374360
IRS990/PYSalariesCompEmpBnftPaidAmt0428355
IRS990/PYTotalExpensesAmt01258830
IRS990/PYTotalRevenueAmt01633190
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-358379
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0187359
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01123759
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0424927
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0211425
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0618183
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01277847
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0470156
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0173203
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02750814
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt036955
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt033733
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt036641
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt017710
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0125039
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0358226
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0198894
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0130884
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0242003
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0281123
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01211130
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt036955
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt033733
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt036641
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt017710
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0125039
IRS990ScheduleA/InvestmentIncomeCYPct00.02760
IRS990ScheduleA/InvestmentIncomePYPct00.02160
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt0445783
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt0445783
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87410
IRS990ScheduleA/PublicSupportPY509Pct00.86900
IRS990ScheduleA/PublicSupportTotal509Amt03961944
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0569651
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0817077
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01408731
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0712159
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0454326
IRS990ScheduleA/Total509Grp/TotalAmt03961944
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0606606
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0850810
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01445372
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01175652
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0454326
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04532766
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0112962
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15994
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2100000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3350847
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt42
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INTEREST EARNED
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1FELLOW LOAN AGREEMENTS RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2LOAN FROM TEMPORARILY RESTRICTED FUNDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3NOTES RECEIVABLE - SALE OF BRAND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Rounding
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5UNDEPOSITED FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEPOSITS RETURNABLE
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0569805
IRS990ScheduleD/TotalLiabilityAmt01790
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 HAS BEEN REVIEWED BY COO AND SUBMITTED TO FULL BOARD FOR REVIEW AND COMMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS COMPARED COMPENSATION FOR OTHER NON-PROFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS COMPARED COMPENSATION FOR OTHER NON-PROFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Organization makes copies of governing documents and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0485417
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0463105
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01825761
IRS990/TotalAssetsEOYAmt01311044
IRS990/TotalAssetsGrp/BOYAmt01825761
IRS990/TotalAssetsGrp/EOYAmt01311044
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0211425
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0103008

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