Civic Intelligence

Preventum Initiative Inc

EIN 82-3235856 • 501(c)3 • Black Mountain, NC

Profile

Combines research and technology to solve complex public health issues. Our current focus is on the opioid crisis - working in prevention.

50 Bethel DriveBlack Mountain, NC 28711

wearepreventum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.22x

Higher debt load relative to assets than 83% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

13th percentile

-54%

Higher net margin than 13% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

11th percentile

-87%

Faster asset growth than 11% of similar nonprofits.

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

Revenue Growth

18th percentile

-47%

Faster revenue growth than 18% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$5,085

Down $33,396 (-87%) from 2020

Liabilities

Down

$1,114

Down $5,851 (-84%) from 2020

Net Assets

Down

$3,971

Down $27,545 (-87%) from 2020

Operations
Liabilities / Revenue73rd percentileNet Margin13th percentile

Revenue

Down

$50,880

Down $45,631 (-47%) from 2020

Expenses

Up

$78,425

Up $8,494 (+12%) from 2020

Net Income

Down

-$27,545

Down $54,125 (-204%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$20K$0-$20KAssets 2017: $100Liabilities 2017: $02017Assets 2018: $452Liabilities 2018: $4,221Net Assets 2018: -$3,7692018Assets 2019: $8,727Liabilities 2019: $3,791Net Assets 2019: $4,9362019Assets 2020: $38,481Liabilities 2020: $6,965Net Assets 2020: $31,5162020Assets 2021: $5,085Liabilities 2021: $1,114Net Assets 2021: $3,9712021

Highlighted filing

2021

Assets$5,085
Liabilities$1,114
Net Assets$3,971
Open 2021 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2017: $2,650Expenses 2017: $2,550Net Income 2017: $1002017Revenue 2018: $52,315Expenses 2018: $49,622Net Income 2018: $2,6932018Revenue 2019: $235,993Expenses 2019: $247,268Net Income 2019: -$11,2752019Revenue 2020: $96,511Expenses 2020: $69,931Net Income 2020: $26,5802020Revenue 2021: $50,880Expenses 2021: $78,425Net Income 2021: -$27,5452021

Highlighted filing

2021

Revenue$50,880
Expenses$78,425
Net Income-$27,545
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,085
Liabilities
$1,114
Net assets
$3,971
Revenue
$50,880
Expenses
$78,425
Net income
-$27,545
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$0.51$0.78$0.28
2020Detailed filing. Detailed filing data is available for this year.$0.38$0.07$0.32$0.97$0.70$0.27
2019Detailed filing. Detailed filing data is available for this year.$0.09$0.04$0.05$2.36$2.47$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.04$0.04$0.52$0.50$0.03
2017Summary only. Only limited summary data is available for this year.$0.00$0.00$0.03$0.03$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 10, 2022
Return Version
2021v4.2
Gross Receipts
$50,880
Mission and Program Overview

Mission

Combines research and technology to solve complex public health issues. Our current focus is on the opioid crisis - working in prevention.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$38,481$5,085▼ $33,396
Rtn Earn Endowment Incm Other Fnds$31,516$3,971▼ $27,545
Total Assets$38,481$5,085▼ $33,396
Liabilities
Other Liabilities$6,965$1,114▼ $5,851
Total Liabilities$6,965$1,114▼ $5,851
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,516$3,971▼ $27,545
Total Liabilities and Net Assets / Fund Balance$38,481$5,085▼ $33,396
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Erick WentDirector
Michael SloanDirector
Stephen HuffDirector
Jacqueline Burgess PhDExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000
Program Service Revenue
$45,880
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-27,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,425
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$21,693-$21,693
Other Expenses$19,500$761-$19,500
Advertising$3,778--$3,778
Information Technology$1,661--$1,661
Travel$714--$714
Office Expenses-$514-$514
Fees for Services Accounting-$450-$450
Total Functional Expenses$55,007$23,418$0$78,425
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$1,114
Credit Card-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Preventum Initiative Inc
EIN
82-3235856
Phone
4235348761
Address
50 Bethel Drive, Black Mountain, NC 28711

Signing Officer

Name
Olson Huff
Title
Executive Director
Phone
4235348761
Signed
2022-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Olson Huff
Formed
2018
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Mark Thompson CPA
Address
4435 Miniature Lane, Fairfax, VA 22033
Preparer
Mark Thompson
Phone
7033020235
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

“We have developed an app called FEND Full Energy, No Drugs aimed at youth and young adults which educated young people with the facts about opioids and other commonly misused prescription medications.”

Raw XML Appendix323 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/SigningOfficerGrp/PersonFullName/PersonLastNm0Huff
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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