Civic Intelligence

Project Invent

990 • Fiscal year 2021 • EIN 82-4377729

Jul 01, 2020 to Jun 30, 2021 • Filed on Aug 17, 2021

Organization Profilewww.projectinvent.org

View Organization Page

831 Donohoe StreetEast Palo Alto, CA 94303

(760) 805-7638

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.01x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

39th percentile

0.01x

Higher debt load relative to revenue than 39% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

73rd percentile

29%

Higher net margin than 73% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

86th percentile

60%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

61st percentile

25%

Faster revenue growth than 61% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$402,477

Up $151,707 (+60%) from 2020

Net Assets

Up

$397,967

Up $150,762 (+61%) from 2020

Liabilities

Up

$4,510

Up $945 (+27%) from 2020

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin73rd percentile

Revenue

Up

$517,099

Up $104,018 (+25%) from 2020

Expenses

Up

$366,337

Up $154,723 (+73%) from 2020

Net Income

Down

$150,762

Down $50,705 (-25%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$1.0M$500K$0Assets 2019: $49,544Liabilities 2019: $4,735Net Assets 2019: $44,8092019Assets 2020: $250,770Liabilities 2020: $3,565Net Assets 2020: $247,2052020Assets 2021: $402,477Liabilities 2021: $4,510Net Assets 2021: $397,9672021Assets 2022: $570,134Liabilities 2022: $14,961Net Assets 2022: $555,1732022Assets 2023: $845,763Liabilities 2023: $300,772Net Assets 2023: $544,9912023Assets 2024: $688,488Liabilities 2024: $184,593Net Assets 2024: $503,8952024

Highlighted filing

2021

Assets$402,477
Liabilities$4,510
Net Assets$397,967
Open 2021 Filing

Operations Trend

Revenue Growth61st percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $57,014Expenses 2019: $32,740Net Income 2019: $24,2742019Revenue 2020: $413,081Expenses 2020: $211,614Net Income 2020: $201,4672020Revenue 2021: $517,099Expenses 2021: $366,337Net Income 2021: $150,7622021Revenue 2022: $1,005,665Expenses 2022: $848,459Net Income 2022: $157,2062022Revenue 2023: $1,138,802Expenses 2023: $1,148,984Net Income 2023: -$10,1822023Revenue 2024: $1,136,463Expenses 2024: $1,177,559Net Income 2024: -$41,0962024

Highlighted filing

2021

Revenue$517,099
Expenses$366,337
Net Income$150,762
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Aug 17, 2021
Return Version
2020v4.0
Gross Receipts
$517,099
Mission and Program Overview

Mission

Project Invent empowers students with the 21st-century skills to succeed individually and impact globally, through invention for social good."

Project Invent empowers students with the 21st century skills to succeed individually and impact globally, through invention.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$50,717$201,495▲ $150,778
Savings and Temporary Cash Investments$200,053$200,982▲ $929
Total Assets$250,770$402,477▲ $151,707
Liabilities
Accounts Payable and Accrued Expenses$3,565$4,510▲ $945
Total Liabilities$3,565$4,510▲ $945
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$247,205$397,967▲ $150,762
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$247,205$397,967▲ $150,762
Total Liabilities and Net Assets / Fund Balance$250,770$402,477▲ $151,707
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Connie LiuFounder & Executive DirectorFT$94,145$5,596$99,741

Board Members and Trustees

NameTitle
Aragon BurlinghamPresident
Albert LeeBoard Member
Ann WeissBoard Member
Bill HeilBoard Member
Cynthia JohansonSecretary
Steve KetchpelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$488,524
Program Service Revenue
$27,063
Investment Income
$1,512
Other Revenue
$0
All Other Contributions
$473,524
Change in Net Assets
$150,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$284,428
Other Expenses$77,859
Total Fundraising Expense$34,870
Grants and Similar Amounts Paid$4,050
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$140,985$17,806$20,625$179,416
Current Officers, Directors, Trustees, and Key Employees$52,090$6,880$7,626$66,596
Conferences and Meetings$20,111$10,722-$30,833
Office Expenses$17,073$5,943$1,279$24,295
Payroll Taxes$15,801$1,996$2,297$20,094
Other Employee Benefits$13,609$2,704$2,009$18,322
Advertising$8,143$0$1,034$9,177
Fees for Services Other$4,888--$4,888
Grants to Domestic Individuals$4,050--$4,050
Information Technology$2,907--$2,907
Fees for Services Accounting-$2,714-$2,714
Other Expenses$1,990$0$0$1,990
Insurance-$1,055-$1,055
Total Functional Expenses$281,647$49,820$34,870$366,337
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is given to the board for review prior to filing with the IRS.”

Form 990, Part VI, Section B, Line 12C

“Board members must inform the Board prior to the entry into any transaction or arrangement that involves an actual or potential conflict of interest, including all material facts relating thereto. Such disclosures shall be made in advance, before any action is taken on the matter. The Board will evaluate conflict disclosures and make other necessary inquiries to determine the extent and nature of any actual or potential conflict of interest and, if appropriate, investigate alternatives to the proposed transaction or arrangement. An interested person will recuse himself or herself from deliberations and voting relating to the matter and shall refrain from attempting to influence other decision-makers relating to the matter.”

Form 990, Part VI, Section B, Line 15

“The Board of Directors reviewed compensation data for executive directors, broken down by factors such as budget size, employee count, tenure, region of the country and looked for level that corresponded to a point in the 75-90th percentile of the distribution, given the consistently excellent performance of our executive director. These deliberations, along with the decision were captured in the notes of the June 6, 2021 Board meeting.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Project Invent
EIN
82-4377729
Phone
7608057638
Address
831 Donohoe Street, East Palo Alto, CA 94303

Signing Officer

Name
Connie Liu
Title
Founder & Executive Director
Phone
7608057638
Signed
2021-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Connie Liu
Formed
2018
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
100

Preparer

Firm
Shelby Malvoso CPA
Address
360 Grand Ave 408, Oakland, CA 94610
Preparer
Shelby Malvoso
Phone
5104736240
Raw XML AppendixShowing 400 of 415 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03565
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04510
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Project Invent empowers students with the 21st century skills to succeed individually and impact globally, through invention.
IRS990/AdvertisingGrp/FundraisingAmt01034
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt08143
IRS990/AdvertisingGrp/TotalAmt09177
IRS990/AllOtherContributionsAmt0473524
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Mary Chan
IRS990/BooksInCareOfDetail/PhoneNum07608057638
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0831 Donohoe Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0East Palo Alto
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094303
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt050717
IRS990/CashNonInterestBearingGrp/EOYAmt0201495
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt07626
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt06880
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt052090
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt066596
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt010722
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt020111
IRS990/ConferencesMeetingsGrp/TotalAmt030833
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0488524
IRS990/CYGrantsAndSimilarPaidAmt04050
IRS990/CYInvestmentIncomeAmt01512
IRS990/CYOtherExpensesAmt077859
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt027063
IRS990/CYRevenuesLessExpensesAmt0150762
IRS990/CYSalariesCompEmpBnftPaidAmt0284428
IRS990/CYTotalExpensesAmt0366337
IRS990/CYTotalFundraisingExpenseAmt034870
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0517099
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Trained and supported teachers at 50 schools to implement the Project Invent program. Hosted three virtual Demo Days for students to present inventions to top investors and tech executives. Published curriculum and resources used in over 2000 classrooms.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0281647
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02714
IRS990/FeesForServicesAccountingGrp/TotalAmt02714
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04888
IRS990/FeesForServicesOtherGrp/TotalAmt04888
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt610
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt05596
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Connie Liu
IRS990/Form990PartVIISectionAGrp/PersonNm1Aragon Burlingham
IRS990/Form990PartVIISectionAGrp/PersonNm2Steve Ketchpel
IRS990/Form990PartVIISectionAGrp/PersonNm3Cynthia Johanson
IRS990/Form990PartVIISectionAGrp/PersonNm4Ann Weiss
IRS990/Form990PartVIISectionAGrp/PersonNm5Bill Heil
IRS990/Form990PartVIISectionAGrp/PersonNm6Albert Lee
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt094145
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Founder & Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt015000
IRS990/GrantAmt04050
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt04050
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt04050
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0517099
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt02907
IRS990/InformationTechnologyGrp/TotalAmt02907
IRS990/InsuranceGrp/ManagementAndGeneralAmt01055
IRS990/InsuranceGrp/TotalAmt01055
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01512
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01512
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Project Invent empowers students with the 21st century skills to succeed individually and impact globally, through invention.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0247205
IRS990/NetAssetsOrFundBalancesEOYAmt0397967
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0247205
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0397967
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt01279
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05943
IRS990/OfficeExpensesGrp/ProgramServicesAmt017073
IRS990/OfficeExpensesGrp/TotalAmt024295
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02009
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02704
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013609
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018322
IRS990/OtherExpensesGrp/Desc0Program Expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt01990
IRS990/OtherExpensesGrp/TotalAmt01990
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt020625
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017806
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0140985
IRS990/OtherSalariesAndWagesGrp/TotalAmt0179416
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02297
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01996
IRS990/PayrollTaxesGrp/ProgramServicesAmt015801
IRS990/PayrollTaxesGrp/TotalAmt020094
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Connie Liu
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Registration Fees
IRS990/ProgramServiceRevenueGrp/Desc1Training Fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt024602
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12461
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt024602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12461
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0382545
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt05850
IRS990/PYInvestmentIncomeAmt02072
IRS990/PYOtherExpensesAmt050605
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt028464
IRS990/PYRevenuesLessExpensesAmt0201467
IRS990/PYSalariesCompEmpBnftPaidAmt0155159
IRS990/PYTotalExpensesAmt0211614
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0413081
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0150762
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt027063
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0200053
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0200982
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0488524
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0382545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt056930
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0948216
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01512
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02072
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03668
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt055527
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0608946
IRS990ScheduleA/SubstantialContributorsTotAmt0339270
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0488524
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0382545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt056930
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020217
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0948216
IRS990ScheduleA/TotalSupportAmt0951884
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is given to the board for review prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members must inform the Board prior to the entry into any transaction or arrangement that involves an actual or potential conflict of interest, including all material facts relating thereto. Such disclosures shall be made in advance, before any action is taken on the matter. The Board will evaluate conflict disclosures and make other necessary inquiries to determine the extent and nature of any actual or potential conflict of interest and, if appropriate, investigate alternatives to the proposed transaction or arrangement. An interested person will recuse himself or herself from deliberations and voting relating to the matter and shall refrain from attempting to influence other decision-makers relating to the matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors reviewed compensation data for executive directors, broken down by factors such as budget size, employee count, tenure, region of the country and looked for level that corresponded to a point in the 75-90th percentile of the distribution, given the consistently excellent performance of our executive director. These deliberations, along with the decision were captured in the notes of the June 6, 2021 Board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0250770
IRS990/TotalAssetsEOYAmt0402477
IRS990/TotalAssetsGrp/BOYAmt0250770
IRS990/TotalAssetsGrp/EOYAmt0402477
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0488524
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt034870
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt049820
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0281647
IRS990/TotalFunctionalExpensesGrp/TotalAmt0366337
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03565
IRS990/TotalLiabilitiesEOYAmt04510
IRS990/TotalLiabilitiesGrp/BOYAmt03565
IRS990/TotalLiabilitiesGrp/EOYAmt04510
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0247205
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0397967
IRS990/TotalOtherCompensationAmt05596
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0281647
IRS990/TotalProgramServiceRevenueAmt027063
IRS990/TotalReportableCompFromOrgAmt094145
IRS990/TotalRevenueGrp/ExclusionAmt01512
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027063
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0517099
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0250770
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0402477
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0831 Donohoe Street
IRS990/USAddress/CityNm0East Palo Alto
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094303
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.projectinvent.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Connie Liu
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder & Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07608057638
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT INVENT
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0824377729
ReturnHeader/Filer/PhoneNum07608057638
ReturnHeader/Filer/USAddress/AddressLine1Txt0831 Donohoe Street
ReturnHeader/Filer/USAddress/CityNm0East Palo Alto
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$402,477
Liabilities
$4,510
Net assets
$397,967
Revenue
$517,099
Expenses
$366,337
Net income
$150,762
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.69$0.18$0.50$1.14$1.18$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.85$0.30$0.54$1.14$1.15$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.01$0.56$1.01$0.85$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.52$0.37$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.41$0.21$0.20
2019Summary only. Only limited summary data is available for this year.$0.05$0.00$0.04$0.06$0.03$0.02