Civic Intelligence

Social Ventures Foundation

990EZ • Fiscal year 2020 • EIN 81-4489020

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 20, 2021

104 Washington Street Suite 126Dover, NH 03820

(603) 433-6161

Siviq Scores

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

Liabilities / Assets

99th percentile

15.07x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

3.47x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

7th percentile

-108%

Higher net margin than 7% of similar nonprofits.

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

Top Officer Pay

86th percentile

$28,500

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 51.4% of source-year revenue.

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

Asset Growth

98th percentile

1215%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

15th percentile

-63%

Faster revenue growth than 15% of similar nonprofits.

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

Assets

Up

$12,766

Up $11,795 (+1215%) from 2019

Net Assets

Down

-$179,607

Down $59,758 (-50%) from 2019

Liabilities

Up

$192,373

Up $71,553 (+59%) from 2019

Revenue

Down

$55,468

Down $95,972 (-63%) from 2019

Expenses

Down

$115,226

Down $78,806 (-41%) from 2019

Net Income

Down

-$59,758

Down $17,166 (-40%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2018: $7,961Liabilities 2018: $85,218Net Assets 2018: -$77,2572018Assets 2019: $971Liabilities 2019: $120,820Net Assets 2019: -$119,8492019Assets 2020: $12,766Liabilities 2020: $192,373Net Assets 2020: -$179,6072020Assets 2021: $10,426Liabilities 2021: $320,435Net Assets 2021: -$310,0092021Assets 2022: $1,057Liabilities 2022: $514,895Net Assets 2022: -$513,8382022Assets 2023: $6,483Liabilities 2023: $570,884Net Assets 2023: -$564,4012023Assets 2024: $6,375Liabilities 2024: $618,089Net Assets 2024: -$611,7142024

Highlighted filing

2020

Assets$12,766
Liabilities$192,373
Net Assets-$179,607

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2018: $78,282Expenses 2018: $108,186Net Income 2018: -$29,9042018Revenue 2019: $151,440Expenses 2019: $194,032Net Income 2019: -$42,5922019Revenue 2020: $55,468Expenses 2020: $115,226Net Income 2020: -$59,7582020Revenue 2021: $31,356Expenses 2021: $161,758Net Income 2021: -$130,4022021Revenue 2022: $16,214Expenses 2022: $220,043Net Income 2022: -$203,8292022Revenue 2023: $113,426Expenses 2023: $163,989Net Income 2023: -$50,5632023Revenue 2024: $95,758Expenses 2024: $143,071Net Income 2024: -$47,3132024

Highlighted filing

2020

Revenue$55,468
Expenses$115,226
Net Income-$59,758
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 20, 2021
Return Version
2020v4.0
Gross Receipts
$55,468
Mission and Program Overview

Mission

Introducing a new paradigm in poverty reduction by identifying, promoting and facilitating the innovation and investments in startups and businesses that have products, services and/or employment programs that sustainably lift the livelihoods of the poor

Program Services

DescriptionGrantsExpenses
VET AND BUILD A DATABASE OF BUSINESSES AND STARTUPS WORLDWIDE THAT HAVE PRODUCTS & SERVICES AND/OR JOB PROGRAMS THAT SUSTANIABLEY LIFT THE LIVELIHOODS OF THE POOR. PROMOTING AND HONORING THE MOST OUTSTANDING STARTUPS & BUSINESSES$500$79,796
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARC BLUMENTHALDirectorPT$28,500-$28,500
KRISTY NOELDirectorPT$16,624-$16,624
JOHN CHUTreasurer/Se-$0--
STUART HARTChairman-$0--
RILWAN MEERANDirector-$0--
JULIE MCBRIDEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Social Ventures Foundation
EIN
81-4489020
Phone
6034336161
Address
104 WASHINGTON STREET SUITE 126, DOVER, NH 03820

Signing Officer

Name
John Chu
Title
Treasurer/secretary
Phone
6034336161
Signed
2021-09-20
Discuss with paid preparer
Yes

Preparer

Firm
SANDERS & KARCHER CPA'S
Address
264 LAFAYETTE ROAD SUITE 7, PORTSMOUTH, NH 03801
Preparer
Jerry D Karcher
Phone
6034300942
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 28 office 1,840 travel 1,608 152 interest 9,945 insurance 1,343 bank fees 398 dues 6,820 haiti advertising 352 haiti supplies 196 haiti equipment 2,876 haiti labor 700 haiti small equipment 37 haiti professional fees 33 haiti rent 2,475 haiti utilities 500 haiti management fees 7,666 haiti office expense 175 telephone 3,480 publications 297 total 40,921

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,343 117 unsecured notes and loans payable 117,560 151,060 credit card 1,917 3,796 sba eidl loan 0 37,400

Form 990-ez, Part III

Introducing a new paradigm in poverty reduction by identifying, promoting and facilitating the innovation and investments in startups and businesses that have products, services and/or employment programs that sustainably lift the livelihoods of the poor

Form 990-ez, Part III, Line 28

Vet and build a database of businesses and startups worldwide that have products & services and/or job programs that sustaniabley lift the livelihoods of the poor. Promoting and honoring the most outstanding startups & businesses

Raw XML Appendix158 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/OtherExpensesTotalAmt040921
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IRS990EZ/PrimaryExemptPurposeTxt0INTRODUCING A NEW PARADIGM IN POVERTY REDUCTION BY IDENTIFYING, PROMOTING AND FACILITATING THE INNOVATION AND INVESTMENTS IN STARTUPS AND BUSINESSES THAT HAVE PRODUCTS, SERVICES AND/OR EMPLOYMENT PROGRAMS THAT SUSTAINABLY LIFT THE LIVELIHOODS OF THE POOR
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt078282
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 28 OFFICE 1,840 TRAVEL 1,608 152 INTEREST 9,945 INSURANCE 1,343 BANK FEES 398 DUES 6,820 HAITI ADVERTISING 352 HAITI SUPPLIES 196 HAITI EQUIPMENT 2,876 HAITI LABOR 700 HAITI SMALL EQUIPMENT 37 HAITI PROFESSIONAL FEES 33 HAITI RENT 2,475 HAITI UTILITIES 500 HAITI MANAGEMENT FEES 7,666 HAITI OFFICE EXPENSE 175 TELEPHONE 3,480 PUBLICATIONS 297 TOTAL 40,921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,343 117 UNSECURED NOTES AND LOANS PAYABLE 117,560 151,060 CREDIT CARD 1,917 3,796 SBA EIDL LOAN 0 37,400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INTRODUCING A NEW PARADIGM IN POVERTY REDUCTION BY IDENTIFYING, PROMOTING AND FACILITATING THE INNOVATION AND INVESTMENTS IN STARTUPS AND BUSINESSES THAT HAVE PRODUCTS, SERVICES AND/OR EMPLOYMENT PROGRAMS THAT SUSTAINABLY LIFT THE LIVELIHOODS OF THE POOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VET AND BUILD A DATABASE OF BUSINESSES AND STARTUPS WORLDWIDE THAT HAVE PRODUCTS & SERVICES AND/OR JOB PROGRAMS THAT SUSTANIABLEY LIFT THE LIVELIHOODS OF THE POOR. PROMOTING AND HONORING THE MOST OUTSTANDING STARTUPS & BUSINESSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN CHU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06034336161
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOCIAL VENTURES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SOCI
ReturnHeader/Filer/EIN0814489020
ReturnHeader/Filer/PhoneNum06034336161
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0264 LAFAYETTE ROAD SUITE 7
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERRY D KARCHER
ReturnHeader/ReturnTs02021-10-01T11:05:11-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHU
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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