Civic Intelligence

Preventum Initiative Inc.

990 • Fiscal year 2019 • EIN 82-3235856

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 02, 2020

Organization Profilewearepreventum.org
50 Bethel DriveBlack Mountain, NC 28711

(828) 242-8893

Siviq Scores

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

Liabilities / Assets

85th percentile

0.43x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • NTEE E • <$500k nonprofits • Source year 2019

Liabilities / Revenue

58th percentile

0.02x

Higher debt load relative to revenue than 58% of similar nonprofits.

2019 filings • NTEE E • <$500k nonprofits • Source year 2019

Net Margin

32nd percentile

-4.8%

Higher net margin than 32% of similar nonprofits.

2019 filings • NTEE E • <$500k nonprofits • Source year 2019

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2019 filings • NTEE E • <$500k nonprofits • Source year 2019

Asset Growth

99th percentile

1831%

Faster asset growth than 99% of similar nonprofits.

2019 filings • NTEE E • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

351%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • NTEE E • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$8,727

Up $8,275 (+1831%) from 2018

Net Assets

Up

$4,936

Up $8,705 (+231%) from 2018

Liabilities

Down

$3,791

Down $430 (-10%) from 2018

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin32nd percentile

Revenue

Up

$235,993

Up $183,678 (+351%) from 2018

Expenses

Up

$247,268

Up $197,646 (+398%) from 2018

Net Income

Down

-$11,275

Down $13,968 (-519%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$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

2019

Assets$8,727
Liabilities$3,791
Net Assets$4,936
Open 2019 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$235,993
Expenses$247,268
Net Income-$11,275
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 2, 2020
Return Version
2019v5.0
Gross Receipts
$235,993
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
Other Notes and Loans Receivable, Net$19,980--
Cash and Non-Interest-Bearing Accounts$452$8,727▲ $8,275
Rtn Earn Endowment Incm Other Fnds$16,211$4,936▼ $11,275
Total Assets$20,432$8,727▼ $11,705
Liabilities
Other Liabilities$4,221$3,791▼ $430
Total Liabilities$4,221$3,791▼ $430
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,211$4,936▼ $11,275
Total Liabilities and Net Assets / Fund Balance$20,432$8,727▼ $11,705
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$235,993
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,431
Change in Net Assets
$-11,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$227,199
Professional Fundraising Fees$20,069
Total Fundraising Expense$20,069
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$149,000--$149,000
Advertising$48,165--$48,165
Fees for Services Professional Fundraising--$20,069$20,069
Fees for Services Management$15,531--$15,531
Travel$4,828--$4,828
Other Expenses-$3,165-$3,165
All Other Expenses-$3,085-$3,085
Interest-$679-$679
Office Expenses-$570-$570
Total Functional Expenses$217,524$9,675$20,069$247,268
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$20,069
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$3,791
Credit Card-
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
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
Address
50 Bethel Drive, Black Mountain, NC 28711

Signing Officer

Name
Jacqueline Burgess PhD
Title
Executive Director
Signed
2020-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacqueline Burgess PhD
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, Section 4, Line A

“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.”

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ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,727
Liabilities
$3,791
Net assets
$4,936
Revenue
$235,993
Expenses
$247,268
Net income
-$11,275
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