Civic Intelligence

Vinnova

EIN 84-2853743 • 501(c)3 • Portland, OR

Profile

Promote and support education, research, and develoment of drugs related to disease conditions where the microcirculation is affected; solcit donations from individuals and entities in support of the activities of the corporation

1331 NE Lovejoy StreetPortland, OR 97223

n/A

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

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.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

98th percentile

263%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

100th percentile

5250%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$1,644,500

Up $1,458,466 (+784%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,644,500

Up $1,458,466 (+784%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin93rd percentile

Revenue

Up

$4,394,177

Up $4,331,073 (+6863%) from 2023

Expenses

Up

$1,638,745

Up $1,637,057 (+96982%) from 2023

Net Income

Up

$2,755,432

Up $2,694,016 (+4387%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2020: $12,390Liabilities 2020: $0Net Assets 2020: $12,3902020Assets 2021: $117,552Liabilities 2021: $0Net Assets 2021: $117,5522021Assets 2022: $124,618Net Assets 2022: $124,6182022Assets 2023: $186,034Liabilities 2023: $0Net Assets 2023: $186,0342023Assets 2024: $1,644,500Liabilities 2024: $0Net Assets 2024: $1,644,5002024

Highlighted filing

2024

Assets$1,644,500
Liabilities$0
Net Assets$1,644,500
Open 2024 Filing

Operations Trend

Revenue Growth100th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $504,350Expenses 2020: $495,960Net Income 2020: $8,3902020Revenue 2021: $1,020,031Expenses 2021: $968,860Net Income 2021: $51,1712021Revenue 2022: $1,535Expenses 2022: $3,924Net Income 2022: -$2,3892022Revenue 2023: $63,104Expenses 2023: $1,688Net Income 2023: $61,4162023Revenue 2024: $4,394,177Expenses 2024: $1,638,745Net Income 2024: $2,755,4322024

Highlighted filing

2024

Revenue$4,394,177
Expenses$1,638,745
Net Income$2,755,432
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,644,500
Liabilities
$0
Net assets
$1,644,500
Revenue
$4,394,177
Expenses
$1,638,745
Net income
$2,755,432
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.00$1.64$4.39$1.64$2.76
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.00$0.19$0.06$0.00$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.00$0.00$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$1.02$0.97$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.00$0.01$0.50$0.50$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.2
Gross Receipts
$4,394,177
Mission and Program Overview

Mission

Award pharmaceutical research grants

Promote and support education, research, and develoment of drugs related to disease conditions where the microcirculation is affected; solcit donations from individuals and entities in support of the activities of the corporation

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$186,034$1,644,500▲ $1,458,466
Investments in Publicly Traded Securities$186,034$1,631,970▲ $1,445,936
Cash and Non-Interest-Bearing Accounts-$12,530-
Total Assets$186,034$1,644,500▲ $1,458,466
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$186,034$1,644,500▲ $1,458,466
Total Liabilities and Net Assets / Fund Balance$186,034$1,644,500▲ $1,458,466
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

NameTitle
Dai-Trang E LePresident
Diana RinkevichDirector
Kevin WeiDirector
J Todd BelcikTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,911,160
Program Service Revenue
$0
Investment Income
$1,483,017
Other Revenue
$0
All Other Contributions
$2,911,160
Change in Net Assets
$2,755,432

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,635,000
Other Expenses$3,745
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,635,000--$1,635,000
Insurance$1,358$0$0$1,358
Fees for Services Accounting$1,357$0$0$1,357
Other Expenses$984$0$0$984
Office Expenses$46$0$0$46
Total Functional Expenses$1,638,745$0$0$1,638,745
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
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Vinnova
EIN
84-2853743
Phone
5039198647
Address
1331 NE Lovejoy Street, Portland, OR 97223
Doing Business As
Vinnova

Signing Officer

Name
Dai-Trang E Le
Title
President
Phone
5039198647
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dai-Trang E Le
Formed
2019
Legal Domicile
Or
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Brian C Goodman & Associates PC
Address
6083 Route 100, New Tripoli, PA 18066
Preparer
Brian C Goodman
Phone
6107679560
Supplemental Narrative

Additional Explanations

Pt V, Line 3B

“None”

Pt V, Line 13A

“N/A”

Pt V, Line 14B

“None”

Pt VI, Line 1A

“None”

Pt VI, Line 11B

“Paper copies”

Pt VI, Line 12C

“Regular meetings”

Pt VI, Line 15A

“Management review”

Raw XML Appendix318 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/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Tripoli
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd018066
ReturnHeader/PreparerPersonGrp/PhoneNum06107679560
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Brian C Goodman
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-07-26T06:16:53-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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