Civic Intelligence

Social Ventures Foundation

990EZ • Fiscal year 2021 • EIN 81-4489020

Jan 01, 2021 to Dec 31, 2021 • Filed on May 09, 2022

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

30.73x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

10.22x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

3rd percentile

-416%

Higher net margin than 3% 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

19th percentile

-18%

Faster asset growth than 19% of similar nonprofits.

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

Revenue Growth

19th percentile

-43%

Faster revenue growth than 19% of similar nonprofits.

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

Assets

Down

$10,426

Down $2,340 (-18%) from 2020

Net Assets

Down

-$310,009

Down $130,402 (-73%) from 2020

Liabilities

Up

$320,435

Up $128,062 (+67%) from 2020

Revenue

Down

$31,356

Down $24,112 (-43%) from 2020

Expenses

Up

$161,758

Up $46,532 (+40%) from 2020

Net Income

Down

-$130,402

Down $70,644 (-118%) from 2020

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

2021

Assets$10,426
Liabilities$320,435
Net Assets-$310,009

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

2021

Revenue$31,356
Expenses$161,758
Net Income-$130,402
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 9, 2022
Return Version
2021v4.0
Gross Receipts
$31,356
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-$146,127
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARC BLUMENTHALDirector-$0--
KRISTY NOELDirector-$0--
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
2022-05-09
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 office 2,821 travel 2,436 interest 28,546 insurance 691 bank fees 1,026 dues 9,935 haiti rent 5,600 haiti utilities 10 haiti management fees 5,613 haiti office expense 132 telephone 1,816 epic advertising 132 epic labor 5,000 epic supplies 9,705 total 73,463

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 117 1,932 unsecured notes and loans payable 151,060 148,331 credit card 3,796 8,572 sba eidl loan 37,400 161,600

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 Appendix145 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/ExplanationTxt0EXPENSES OFFICE 2,821 TRAVEL 2,436 INTEREST 28,546 INSURANCE 691 BANK FEES 1,026 DUES 9,935 HAITI RENT 5,600 HAITI UTILITIES 10 HAITI MANAGEMENT FEES 5,613 HAITI OFFICE EXPENSE 132 TELEPHONE 1,816 EPIC ADVERTISING 132 EPIC LABOR 5,000 EPIC SUPPLIES 9,705 TOTAL 73,463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 117 1,932 UNSECURED NOTES AND LOANS PAYABLE 151,060 148,331 CREDIT CARD 3,796 8,572 SBA EIDL LOAN 37,400 161,600
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
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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Filings