Civic Intelligence

Social Ventures Foundation

990EZ • Fiscal year 2022 • EIN 81-4489020

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 27, 2024

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

100th percentile

487.13x

Higher debt load relative to assets than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

100th percentile

31.76x

Higher debt load relative to revenue than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-1257%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

4th percentile

-90%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

12th percentile

-48%

Faster revenue growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,057

Down $9,369 (-90%) from 2021

Net Assets

Down

-$513,838

Down $203,829 (-66%) from 2021

Liabilities

Up

$514,895

Up $194,460 (+61%) from 2021

Revenue

Down

$16,214

Down $15,142 (-48%) from 2021

Expenses

Up

$220,043

Up $58,285 (+36%) from 2021

Net Income

Down

-$203,829

Down $73,427 (-56%) from 2021

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

2022

Assets$1,057
Liabilities$514,895
Net Assets-$513,838

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

2022

Revenue$16,214
Expenses$220,043
Net Income-$203,829
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 27, 2024
Return Version
2022v5.0
Gross Receipts
$16,214
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-$192,294
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
Marc Blumenthal
Title
Director
Phone
6035702606
Signed
2024-02-27
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 1,860 travel 2,815 travel - epic 1,241 interest 3,227 insurance 277 bank fees 581 late fees 1,483 dues 8,602 nh registration 82 haiti rent 3,850 haiti management fees 4,384 haiti office expense 144 telephone 2,620 epic advertising 16 epic labor 51,940 epic participation awards 10,000 reimbursement 200 total 93,322

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,932 1,257 unsecured notes and loans payable 148,331 134,321 credit card 8,572 897 sba eidl loan 161,600 378,420

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 Appendix150 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 1,860 TRAVEL 2,815 TRAVEL - EPIC 1,241 INTEREST 3,227 INSURANCE 277 BANK FEES 581 LATE FEES 1,483 DUES 8,602 NH REGISTRATION 82 HAITI RENT 3,850 HAITI MANAGEMENT FEES 4,384 HAITI OFFICE EXPENSE 144 TELEPHONE 2,620 EPIC ADVERTISING 16 EPIC LABOR 51,940 EPIC PARTICIPATION AWARDS 10,000 REIMBURSEMENT 200 TOTAL 93,322
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,932 1,257 UNSECURED NOTES AND LOANS PAYABLE 148,331 134,321 CREDIT CARD 8,572 897 SBA EIDL LOAN 161,600 378,420
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/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/EIN0814489020
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERRY D KARCHER
ReturnHeader/ReturnTs02024-03-02T17:12:30-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BLUMENTHAL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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