Civic Intelligence

Vinnova

990 • Fiscal year 2020 • EIN 84-2853743

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

1331 NE Lovejoy Street Ste 950Portland, OR 97201

(503) 893-9625

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

41st percentile

1.7%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

95th percentile

210%

Faster asset growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

100th percentile

9987%

Faster revenue growth than 100% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

$12,390

No earlier filing loaded for comparison.

Net Assets

$12,390

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$504,350

No earlier filing loaded for comparison.

Expenses

$495,960

No earlier filing loaded for comparison.

Net Income

$8,390

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$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

2020

Assets$12,390
Liabilities$0
Net Assets$12,390

Operations Trend

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

2020

Revenue$504,350
Expenses$495,960
Net Income$8,390
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.0
Gross Receipts
$504,350
Mission and Program Overview

Mission

Award pharmaceutical research grants

Awards grants for pharmaceutical research

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,000$12,390▲ $8,390
Rtn Earn Endowment Incm Other Fnds$4,000$12,390▲ $8,390
Total Assets$4,000$12,390▲ $8,390
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,000$12,390▲ $8,390
Total Liabilities and Net Assets / Fund Balance$4,000$12,390▲ $8,390
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dai-trang E LePresident
Diana RinkevichDirector
Joaquin CigarroaDirector
Kevin WeiDirector
J Todd BelcikSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$504,350
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$504,350
Change in Net Assets
$8,390
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$489,010
Other Expenses$6,950
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$489,010--$489,010
Fees for Services Accounting$5,612--$5,612
Insurance$1,283--$1,283
Office Expenses$55--$55
Total Functional Expenses$495,960$0$0$495,960
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
----$489,010
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
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, Page 6, Part VI, Line 11B

Secretary will review the form 990 and will resolve any questions or concerns prior to signing the form.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Vinnova
EIN
84-2853743
Address
1331 NE LOVEJOY STREET STE 950, PORTLAND, OR 97201

Signing Officer

Name
J Todd Belcik
Title
Secretary
Signed
2021-05-17

Organization Details

Principal Officer
Dai-trang E Le
Legal Domicile
Or
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Lippold & Holland LLC
Address
174 SHORE POINTE PL N SUITE 100, KEIZER, OR 97303
Preparer
Vicki M Holland CPA
Phone
5033933990
Raw XML Appendix245 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0AWARDS GRANTS FOR PHARMACEUTICAL RESEARCH
IRS990/AllOtherContributionsAmt0504350
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RAVENSVIEW ACQUISITIONS LLC
IRS990/BooksInCareOfDetail/PhoneNum05038939625
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06800 SW 105TH AVE STE 300
IRS990/BooksInCareOfDetail/USAddress/CityNm0BEAVERTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097008
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt04000
IRS990/CashNonInterestBearingGrp/EOYAmt012390
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0504350
IRS990/CYGrantsAndSimilarPaidAmt0489010
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt06950
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt08390
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0495960
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0504350
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0RESEARCH GRANT OF 489,010 AWARDED TO VASOCARDA FOR PHAMACEUTICAL DEVELOPMENT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0495960
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05612
IRS990/FeesForServicesAccountingGrp/TotalAmt05612
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0DAI-TRANG E LE
IRS990/Form990PartVIISectionAGrp/PersonNm1KEVIN WEI
IRS990/Form990PartVIISectionAGrp/PersonNm2DIANA RINKEVICH
IRS990/Form990PartVIISectionAGrp/PersonNm3JOAQUIN CIGARROA
IRS990/Form990PartVIISectionAGrp/PersonNm4J TODD BELCIK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0489010
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0489010
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0489010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0504350
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01283
IRS990/InsuranceGrp/TotalAmt01283
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0AWARD PHARMACEUTICAL RESEARCH GRANTS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04000
IRS990/NetAssetsOrFundBalancesEOYAmt012390
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt055
IRS990/OfficeExpensesGrp/TotalAmt055
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAI-TRANG E LE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01000
IRS990/PYRevenuesLessExpensesAmt04000
IRS990/PYTotalExpensesAmt01000
IRS990/PYTotalRevenueAmt05000
IRS990/ReconcilationRevenueExpnssAmt08390
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04000
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt012390
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0504350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0504350
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0504350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0504350
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0504350
IRS990ScheduleA/TotalSupportAmt0504350
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0489010
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SECRETARY WILL REVIEW THE FORM 990 AND WILL RESOLVE ANY QUESTIONS OR CONCERNS PRIOR TO SIGNING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04000
IRS990/TotalAssetsEOYAmt012390
IRS990/TotalAssetsGrp/BOYAmt04000
IRS990/TotalAssetsGrp/EOYAmt012390
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0504350
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0495960
IRS990/TotalFunctionalExpensesGrp/TotalAmt0495960
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04000
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012390
IRS990/TotalProgramServiceExpensesAmt0495960
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0504350
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012390
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07055 SW LESLIE ST
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097223
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0J TODD BELCIK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VINNOVA
ReturnHeader/Filer/BusinessNameControlTxt0VINN
ReturnHeader/Filer/EIN0842853743
ReturnHeader/Filer/USAddress/AddressLine1Txt01331 NE LOVEJOY STREET STE 950
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0854039060
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LIPPOLD & HOLLAND LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0174 SHORE POINTE PL N SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KEIZER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097303
ReturnHeader/PreparerPersonGrp/PhoneNum05033933990
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICKI M HOLLAND CPA
ReturnHeader/ReturnTs02021-05-17T23:57:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TODD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BELCIK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings