Civic Intelligence

Innovation for Education Foundation

990EZ • Fiscal year 2021 • EIN 81-0793340

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 30, 2022

Organization ProfileN/A
126 Wind Rush RoadHuntsville, AL 35811

(702) 808-1609

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

30th percentile

-3.8%

Higher net margin than 30% 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

21st percentile

-17%

Faster asset growth than 21% of similar nonprofits.

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

Revenue Growth

36th percentile

-13%

Faster revenue growth than 36% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$8,514

Down $1,684 (-17%) from 2020

Net Assets

$8,514

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin30th percentile

Revenue

Down

$44,020

Down $6,480 (-13%) from 2020

Expenses

Up

$45,704

Up $5,402 (+13%) from 2020

Net Income

Down

-$1,684

Down $11,882 (-117%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$15K$10K$5.0K$0Assets 2019: $5,970Liabilities 2019: $02019Assets 2020: $10,198Liabilities 2020: $02020Assets 2021: $8,514Liabilities 2021: $0Net Assets 2021: $8,5142021

Highlighted filing

2021

Assets$8,514
Liabilities$0
Net Assets$8,514
Open 2021 Filing

Operations Trend

Revenue Growth36th percentile

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

$60K$40K$20K$0-$20KRevenue 2019: $7,500Expenses 2019: $1,530Net Income 2019: $5,9702019Revenue 2020: $50,500Expenses 2020: $40,302Net Income 2020: $10,1982020Revenue 2021: $44,020Expenses 2021: $45,704Net Income 2021: -$1,6842021

Highlighted filing

2021

Revenue$44,020
Expenses$45,704
Net Income-$1,684
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 30, 2022
Return Version
2021v4.0
Gross Receipts
$44,020
Mission and Program Overview

Mission

Providing educational resources and opportunities, supporting community stem learning initiatives

Program Services

DescriptionGrantsExpenses
PROVIDING EDUCATIONAL RESOURCES AND OPPORTUNITIES, SUPPORTING COMMUNITY STEM LEARNING INITIATIVES-$45,704
PROVIDING EDUCATIONAL RESOURCES AND OPPORTUNITIES, SUPPORTING COMMUNITY STEM LEARNING INITIATIVES--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH IACUZZODirector-$0--
ANDREW IACUZZODirector-$0--
Filing and Contact Details

Filer

Filer Name
Innovation for Education Foundation
EIN
81-0793340
Address
126 WIND RUSH ROAD, HUNTSVILLE, AL 35811

Signing Officer

Name
Joseph Iacuzzo
Title
Director
Phone
7028081609
Signed
2022-08-30

Preparer

Firm
Melvin Bibb Segars & Associates Pc
Address
303 WILLIAMS AVENUE SUITE 129, HUNTSVILLE, AL 35801
Preparer
Michael K Segars CPA
Phone
2565337040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses marketing/website fees 6,310 conferences for kids 4,885 event insurance 546 total 11,741”

Form 990-ez, Part III

“Providing educational resources and opportunities, supporting community stem learning initiatives”

Form 990-ez, Part III, Line 31

“Providing educational resources and opportunities, supporting community stem learning initiatives”

Raw XML Appendix101 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOSEPH IACUZZO
IRS990EZ/BooksInCareOfDetail/PhoneNum07028081609
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0126 WIND RUSH ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HUNTSVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd035811
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010198
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08514
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt044020
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1684
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt029747
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010198
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08514
IRS990EZ/GrossReceiptsAmt044020
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010198
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08514
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010198
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08514
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSEPH IACUZZO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDREW IACUZZO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt011741
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING EDUCATIONAL RESOURCES AND OPPORTUNITIES, SUPPORTING COMMUNITY STEM LEARNING INITIATIVES
IRS990EZ/PrintingPublicationsPostageAmt04216
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING EDUCATIONAL RESOURCES AND OPPORTUNITIES, SUPPORTING COMMUNITY STEM LEARNING INITIATIVES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDING EDUCATIONAL RESOURCES AND OPPORTUNITIES, SUPPORTING COMMUNITY STEM LEARNING INITIATIVES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt045704
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0AL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt045704
IRS990EZ/TotalProgramServiceExpensesAmt045704
IRS990EZ/TotalRevenueAmt044020
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING/WEBSITE FEES 6,310 CONFERENCES FOR KIDS 4,885 EVENT INSURANCE 546 TOTAL 11,741
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDING EDUCATIONAL RESOURCES AND OPPORTUNITIES, SUPPORTING COMMUNITY STEM LEARNING INITIATIVES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDING EDUCATIONAL RESOURCES AND OPPORTUNITIES, SUPPORTING COMMUNITY STEM LEARNING INITIATIVES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH IACUZZO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07028081609
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INNOVATION FOR EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0INNO
ReturnHeader/Filer/EIN0810793340
ReturnHeader/Filer/USAddress/AddressLine1Txt0126 WIND RUSH ROAD
ReturnHeader/Filer/USAddress/CityNm0HUNTSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035811
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631033572
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MELVIN BIBB SEGARS & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0303 WILLIAMS AVENUE SUITE 129
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUNTSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035801
ReturnHeader/PreparerPersonGrp/PhoneNum02565337040
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL K SEGARS CPA
ReturnHeader/ReturnTs02022-09-07T17:39:05-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSEPH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0IACUZZO
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,514
Liabilities
$0
Net assets
$8,514
Revenue
$44,020
Expenses
$45,704
Net income
-$1,684
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$8.51$0.00$8.51$44.0$45.7$1.68
2020Summary only. Only limited summary data is available for this year.$10.2$0.00$50.5$40.3$10.2
2019Summary only. Only limited summary data is available for this year.$5.97$0.00$7.50$1.53$5.97