Civic Intelligence

Enventure Med

990 • Fiscal year 2020 • EIN 82-3002847

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

Organization ProfileENVENTURE.ORG
3900 Essex LnHouston, TX 77027

(254) 716-6429

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

54th percentile

7.7%

Higher net margin than 54% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

$37,212

No earlier filing loaded for comparison.

Net Assets

$37,212

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin54th percentile

Revenue

$238,417

No earlier filing loaded for comparison.

Expenses

$219,981

No earlier filing loaded for comparison.

Net Income

$18,436

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$40K$30K$20K$10K$0Assets 2020: $37,212Liabilities 2020: $0Net Assets 2020: $37,2122020Assets 2022: $20,801Net Assets 2022: $20,8012022Assets 2023: $23,658Liabilities 2023: $0Net Assets 2023: $23,6582023Assets 2024: $29,719Net Assets 2024: $29,7192024

Highlighted filing

2020

Assets$37,212
Liabilities$0
Net Assets$37,212
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0Revenue 2020: $238,417Expenses 2020: $219,981Net Income 2020: $18,4362020Revenue 2022: $57,400Expenses 2022: $45,994Net Income 2022: $11,4062022Revenue 2023: $9,900Expenses 2023: $7,043Net Income 2023: $2,8572023Revenue 2024: $25,000Expenses 2024: $18,939Net Income 2024: $6,0612024

Highlighted filing

2020

Revenue$238,417
Expenses$219,981
Net Income$18,436
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 20, 2021
Return Version
2020v4.1
Gross Receipts
$238,417
Mission and Program Overview

Mission

A grass roots nonprofit and free organization open to advanced degree candidates and young professionals interested in life science innovation.

Bridging the gap between advanced degree candidates and life science innovation carrers as a non profit and free organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$18,776$37,212▲ $18,436
Total Assets$18,776$37,212▲ $18,436
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,776$37,212▲ $18,436
Total Liabilities and Net Assets / Fund Balance$18,776$37,212▲ $18,436
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Will CliftonPresident
Barbara NassifDirector
Brian LimDirector
David SchubertDirector
Joanna NathanDirector
Marjan MajidDirector
Emily RieserSecretary Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,864
Program Service Revenue
$232,553
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,864
Change in Net Assets
$18,436
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,876
Salaries, Compensation, and Employee Benefits$100,105
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$104,249--$104,249
Other Salaries and Wages$64,052--$64,052
Payroll Taxes$23,910--$23,910
Other Employee Benefits$7,043--$7,043
All Other Expenses$5,167--$5,167
Pension Plan Contributions$5,100--$5,100
Travel$2,455--$2,455
Occupancy$1,446--$1,446
Fees for Services Legal$1,163--$1,163
Other Expenses$1,134--$1,134
Fees for Services Accounting$955--$955
Office Expenses$594--$594
Total Functional Expenses$219,981$0$0$219,981
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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 is distributed to all board members before it is finalized and filed so that they may review it and ask questions as necessary.”

Form 990 Part VI Line 19

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Form 990 Part VI Line 8A and 8B

“Minutes are taken for governing body meetings. There are no committees.”

Filing and Contact Details

Filer

Filer Name
Enventure Med
EIN
82-3002847
Phone
2547166429
Address
3900 ESSEX LN, HOUSTON, TX 77027
Doing Business As
Enventure

Signing Officer

Name
Will Clifton
Title
President
Phone
2547166429
Signed
2021-04-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Will Clifton
Formed
2018
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
1

Preparer

Firm
Block Advisors
Address
1550 HAWKINS STE 19 20, EL PASO, TX 79925
Preparer
Dulce Carbajal
Phone
9155991565
Supplemental Narrative

Additional Explanations

Line 11G - Other Expenses

“BIZ DEV EXPENSE $11106”

Line 11G - Other Expenses

“Enrich contract services $60444”

Line 11G - Other Expenses

“External contract services $2185”

Line 11G - Other Expenses

“Senior consulting contractor $12964”

Line 11G - Other Expenses

“Student leadership contract services $17550”

Raw XML Appendix328 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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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079925
ReturnHeader/PreparerPersonGrp/PhoneNum09155991565
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dulce Carbajal
ReturnHeader/ReturnTs02021-05-07T15:44:29Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CLIFTON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,212
Liabilities
$0
Net assets
$37,212
Revenue
$238,417
Expenses
$219,981
Net income
$18,436
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.30$0.30$0.25$0.19$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.10$0.07$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.21$0.21$0.57$0.46$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$2.38$2.20$0.18