Civic Intelligence

Idaho Innovation Center Inc.

990 • Fiscal year 2017 • EIN 82-0408497

Jun 01, 2016 to May 31, 2017 • Filed on Nov 15, 2017

Organization ProfileN/A
2300 North YellowstoneIdaho Falls, ID 83401

(208) 523-0126

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.04x

Higher debt load relative to assets than 43% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

50th percentile

0.12x

Higher debt load relative to revenue than 50% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

52nd percentile

7.7%

Higher net margin than 52% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

78th percentile

$69,061

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 18.6% of source-year revenue.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Asset Growth

48th percentile

2.2%

Faster asset growth than 48% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

51st percentile

3.1%

Faster revenue growth than 51% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$1,102,976

Up $24,061 (+2.2%) from 2016

Net Assets

Up

$1,059,645

Up $28,693 (+2.8%) from 2016

Liabilities

Down

$43,331

Down $4,632 (-9.7%) from 2016

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin52nd percentile

Revenue

Up

$371,101

Up $11,007 (+3.1%) from 2016

Expenses

Up

$342,408

Up $11,590 (+3.5%) from 2016

Net Income

Down

$28,693

Down $583 (-2.0%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $955,807Liabilities 2012: $44,415Net Assets 2012: $911,3922012Assets 2013: $973,287Liabilities 2013: $42,429Net Assets 2013: $930,8582013Assets 2014: $1,026,801Liabilities 2014: $40,458Net Assets 2014: $986,3432014Assets 2015: $1,046,164Liabilities 2015: $44,488Net Assets 2015: $1,001,6762015Assets 2016: $1,078,915Liabilities 2016: $47,963Net Assets 2016: $1,030,9522016Assets 2017: $1,102,976Liabilities 2017: $43,331Net Assets 2017: $1,059,6452017Assets 2018: $1,170,582Liabilities 2018: $52,355Net Assets 2018: $1,118,2272018Assets 2019: $1,247,444Liabilities 2019: $52,365Net Assets 2019: $1,195,0792019Assets 2020: $1,388,346Liabilities 2020: $110,077Net Assets 2020: $1,278,2692020Assets 2021: $1,435,902Liabilities 2021: $95,482Net Assets 2021: $1,340,4202021Assets 2022: $1,538,039Liabilities 2022: $106,893Net Assets 2022: $1,431,1462022Assets 2023: $1,308,755Liabilities 2023: $30,701Net Assets 2023: $1,278,0542023Assets 2024: $1,339,474Liabilities 2024: $47,448Net Assets 2024: $1,292,0262024

Highlighted filing

2017

Assets$1,102,976
Liabilities$43,331
Net Assets$1,059,645
Open 2017 Filing

Operations Trend

Revenue Growth51st percentile

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

$600K$400K$200K$0-$200KExpenses 2012: $296,0482012Expenses 2013: $301,3542013Revenue 2014: $289,723Expenses 2014: $234,238Net Income 2014: $55,4852014Revenue 2015: $295,546Expenses 2015: $280,213Net Income 2015: $15,3332015Revenue 2016: $360,094Expenses 2016: $330,818Net Income 2016: $29,2762016Revenue 2017: $371,101Expenses 2017: $342,408Net Income 2017: $28,6932017Revenue 2018: $400,101Expenses 2018: $341,519Net Income 2018: $58,5822018Revenue 2019: $413,211Expenses 2019: $336,359Net Income 2019: $76,8522019Revenue 2020: $441,095Expenses 2020: $358,136Net Income 2020: $82,9592020Revenue 2021: $441,995Expenses 2021: $380,465Net Income 2021: $61,5302021Revenue 2022: $449,264Expenses 2022: $358,538Net Income 2022: $90,7262022Revenue 2023: $233,097Expenses 2023: $386,189Net Income 2023: -$153,0922023Revenue 2024: $390,030Expenses 2024: $376,058Net Income 2024: $13,9722024

Highlighted filing

2017

Revenue$371,101
Expenses$342,408
Net Income$28,693
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$371,101
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$582,243$569,846▼ $12,397
Savings and Temporary Cash Investments$462,096$486,889▲ $24,793
Accounts Receivable$25,229$34,806▲ $9,577
Cash and Non-Interest-Bearing Accounts$9,347$11,435▲ $2,088
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,078,915$1,102,976▲ $24,061
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$35,976$26,671▼ $9,305
Deferred Revenue$11,987$16,660▲ $4,673
Total Liabilities$47,963$43,331▼ $4,632
Net Assets / Fund Balance
Unrestricted Net Assets$1,030,952$1,059,645▲ $28,693
Total Net Assets Fund Balance$1,030,952$1,059,645▲ $28,693
Total Liabilities and Net Assets / Fund Balance$1,078,915$1,102,976▲ $24,061

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$891,499-$891,499
Other Land Buildings$155,457-$155,457
Equipment$-477,110$545,695$68,585
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Bryan MaglebyDirectorFT$69,061$69,061

Board Members and Trustees

NameTitle
Dana KirkhamChairman
Bryon ReedBoard Member
Dana BriggsBoard Member
Jeff HartBoard Member
Michelle HoltBoard Member
Rebecca CasperBoard Member
Robert SchwarzeBoard Member
Scott HallBoard Member
Shawn PerkinsBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$370,522
Investment Income
$579
Other Revenue
$0
Change in Net Assets
$28,693

Audited Revenue Reconciliation

Revenue per Audited Statements
$371,101
Total Revenue per Audited Statements
$371,101
Total Revenue per Form 990
$371,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$190,100
Salaries, Compensation, and Employee Benefits$152,308
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$69,061--$69,061
Other Salaries and Wages$67,562--$67,562
Depreciation Depletion$36,637--$36,637
Payroll Taxes$10,953--$10,953
Fees for Services Accounting-$9,027-$9,027
Office Expenses$7,008--$7,008
All Other Expenses$4,861$759-$5,620
Other Employee Benefits$4,732--$4,732
Insurance$3,904--$3,904
Advertising$2,946--$2,946
Other Expenses$2,588--$2,588
Total Functional Expenses$332,622$9,786$0$342,408

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$342,408
Total Expenses per Audited Statements$342,408
Total Expenses per Form 990$342,408
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“The board of directors has assigned management with the responsibility of ensuring that form 990 is accurately prepared and timely filed.management works closely with its tax preparer, rudd & company, pllc to prepare form 990. Management provides the information, both financial and non-financial, necessary to prepare the form. Management is provided a complete copy of form 990 to review and sign. The return is not filed until this review is complete and the necessary signature is obtained.”

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

“Idaho innovation center, inc. Makes its information available to the public in the following ways:1. Annual meeting to discuss financial results of operations, policies and procedures, and election of board members.2. Financial statements are prepared monthly and available upon request.3. Individual requests to review governing documents and policy/procedure manuals, and form 990 can be made at the office.”

Filing and Contact Details

Filer

Filer Name
Idaho Innovation Center Inc
EIN
82-0408497
Address
2300 NORTH YELLOWSTONE, IDAHO FALLS, ID 83401

Signing Officer

Name
Bryan Magelby
Title
Director
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
10
Independent Board Members
5
Employees
7

Preparer

Firm
Rudd & Company PLLC
Address
725 S Woodruff Ave, Idaho Falls, ID 83401
Preparer
Scott Bond
Phone
2085299276
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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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IRS990/OtherExpensesGrp/TotalAmt29685
IRS990/OtherExpensesGrp/TotalAmt32588
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067562
IRS990/OtherSalariesAndWagesGrp/TotalAmt067562
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt010953
IRS990/PayrollTaxesGrp/TotalAmt010953
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOW RENT FACILITY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0370522
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0370522
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0339
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0184484
IRS990/PYProgramServiceRevenueAmt0359755
IRS990/PYRevenuesLessExpensesAmt029276
IRS990/PYSalariesCompEmpBnftPaidAmt0146334
IRS990/PYTotalExpensesAmt0330818
IRS990/PYTotalRevenueAmt0360094
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt028693
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0370522
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0462096
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0486889
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0891499
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0891499
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-477110
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0545695
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068585
IRS990ScheduleD/ExpensesSubtotalAmt0342408
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0155457
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0155457
IRS990ScheduleD/RevenueSubtotalAmt0371101
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0569846
IRS990ScheduleD/TotalExpensesPerForm990Amt0342408
IRS990ScheduleD/TotalRevenuePerForm990Amt0371101
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0371101
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0342408
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAS ASSIGNED MANAGEMENT WITH THE RESPONSIBILITY OF ENSURING THAT FORM 990 IS ACCURATELY PREPARED AND TIMELY FILED.MANAGEMENT WORKS CLOSELY WITH ITS TAX PREPARER, RUDD & COMPANY, PLLC TO PREPARE FORM 990. MANAGEMENT PROVIDES THE INFORMATION, BOTH FINANCIAL AND NON-FINANCIAL, NECESSARY TO PREPARE THE FORM. MANAGEMENT IS PROVIDED A COMPLETE COPY OF FORM 990 TO REVIEW AND SIGN. THE RETURN IS NOT FILED UNTIL THIS REVIEW IS COMPLETE AND THE NECESSARY SIGNATURE IS OBTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IDAHO INNOVATION CENTER, INC. MAKES ITS INFORMATION AVAILABLE TO THE PUBLIC IN THE FOLLOWING WAYS:1. ANNUAL MEETING TO DISCUSS FINANCIAL RESULTS OF OPERATIONS, POLICIES AND PROCEDURES, AND ELECTION OF BOARD MEMBERS.2. FINANCIAL STATEMENTS ARE PREPARED MONTHLY AND AVAILABLE UPON REQUEST.3. INDIVIDUAL REQUESTS TO REVIEW GOVERNING DOCUMENTS AND POLICY/PROCEDURE MANUALS, AND FORM 990 CAN BE MADE AT THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01078915
IRS990/TotalAssetsEOYAmt01102976
IRS990/TotalAssetsGrp/BOYAmt01078915
IRS990/TotalAssetsGrp/EOYAmt01102976
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09786
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0332622
IRS990/TotalFunctionalExpensesGrp/TotalAmt0342408
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt047963
IRS990/TotalLiabilitiesEOYAmt043331
IRS990/TotalLiabilitiesGrp/BOYAmt047963
IRS990/TotalLiabilitiesGrp/EOYAmt043331
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01030952
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01059645
IRS990/TotalProgramServiceExpensesAmt0332622
IRS990/TotalProgramServiceRevenueAmt0370522
IRS990/TotalReportableCompFromOrgAmt069061
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0371101
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0371101
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01078915
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01102976
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01030952
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01059645
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRYAN MAGELBY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IDAHO INNOVATION CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0IDAH
ReturnHeader/Filer/EIN0820408497
ReturnHeader/Filer/USAddress/AddressLine1Txt02300 NORTH YELLOWSTONE
ReturnHeader/Filer/USAddress/CityNm0IDAHO FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083401
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rudd & Company PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0725 S Woodruff Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Idaho Falls
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd083401
ReturnHeader/PreparerPersonGrp/PhoneNum02085299276
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT BOND
ReturnHeader/ReturnTs02017-11-15T14:08:50-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-06-01
ReturnHeader/TaxPeriodEndDt02017-05-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,102,976
Liabilities
$43,331
Net assets
$1,059,645
Revenue
$371,101
Expenses
$342,408
Net income
$28,693
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.34$0.05$1.29$0.39$0.38$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.31$0.03$1.28$0.23$0.39$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.11$1.43$0.45$0.36$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.44$0.10$1.34$0.44$0.38$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.11$1.28$0.44$0.36$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.25$0.05$1.20$0.41$0.34$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.05$1.12$0.40$0.34$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.10$0.04$1.06$0.37$0.34$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.08$0.05$1.03$0.36$0.33$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.05$0.04$1.00$0.30$0.28$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.03$0.04$0.99$0.29$0.23$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.04$0.93$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.04$0.91$0.30