Civic Intelligence

Find Ventures Co

990 • Fiscal year 2021 • EIN 84-4119877

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 09, 2022

Organization ProfileWWW.FINDVENTURES.ORG
3405 Lafayette Ave SSeattle, WA 98144

(206) 914-7603

Siviq Scores

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

Liabilities / Assets

46th percentile

0.02x

Higher debt load relative to assets than 46% of similar nonprofits.

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

Liabilities / Revenue

41st percentile

0.01x

Higher debt load relative to revenue than 41% of similar nonprofits.

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

Net Margin

91st percentile

63%

Higher net margin than 91% of similar nonprofits.

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

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

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

Asset Growth

99th percentile

618%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

98th percentile

732%

Faster revenue growth than 98% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$552,994

Up $476,004 (+618%) from 2020

Net Assets

Up

$544,658

Up $526,466 (+2894%) from 2020

Liabilities

Down

$8,336

Down $50,462 (-86%) from 2020

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin91st percentile

Revenue

Up

$831,954

Up $731,954 (+732%) from 2020

Expenses

Up

$305,488

Up $223,680 (+273%) from 2020

Net Income

Up

$526,466

Up $508,274 (+2794%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$600K$400K$200K$0Assets 2020: $76,990Liabilities 2020: $58,798Net Assets 2020: $18,1922020Assets 2021: $552,994Liabilities 2021: $8,336Net Assets 2021: $544,6582021Assets 2022: $286,403Liabilities 2022: $5,472Net Assets 2022: $280,9312022Assets 2023: $24,872Liabilities 2023: $0Net Assets 2023: $24,8722023

Highlighted filing

2021

Assets$552,994
Liabilities$8,336
Net Assets$544,658
Open 2021 Filing

Operations Trend

Revenue Growth98th percentile

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

$1.0M$500K$0-$500KRevenue 2020: $100,000Expenses 2020: $81,808Net Income 2020: $18,1922020Revenue 2021: $831,954Expenses 2021: $305,488Net Income 2021: $526,4662021Revenue 2022: $713,141Expenses 2022: $976,868Net Income 2022: -$263,7272022Revenue 2023: $988Expenses 2023: $257,047Net Income 2023: -$256,0592023

Highlighted filing

2021

Revenue$831,954
Expenses$305,488
Net Income$526,466
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.0
Gross Receipts
$831,954
Mission and Program Overview

Mission

Making distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code of 1986, as amended, or the corresponding section of any future federal tax code and supporting underrepresented startup founders with capital and non-financial resources in order to create and foster a diverse and inclusive ecosystem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$475,007-
Cash and Non-Interest-Bearing Accounts$76,990$77,987▲ $997
Total Assets$76,990$552,994▲ $476,004
Liabilities
Accounts Payable and Accrued Expenses$58,798$8,336▼ $50,462
Total Liabilities$58,798$8,336▼ $50,462
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,192$544,658▲ $526,466
Total Net Assets Fund Balance$18,192$544,658▲ $526,466
Total Liabilities and Net Assets / Fund Balance$76,990$552,994▲ $476,004
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Elizabeth ScallonDirector
Justin BrotmanDirector
Lisa NelsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$831,945
Program Service Revenue
$0
Investment Income
$9
Other Revenue
$0
All Other Contributions
$415,695
Change in Net Assets
$526,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$279,880
Total Fundraising Expense$95,411
Other Expenses$25,608
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$167,495-$86,667$254,162
Payroll Taxes$16,974-$8,744$25,718
Advertising$14,731--$14,731
Fees for Services Legal-$7,375-$7,375
Insurance$2,048--$2,048
Other Expenses-$98-$98
Total Functional Expenses$201,248$8,829$95,411$305,488
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

“The 990 was provided to officer for review prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are not available to the public.”

Filing and Contact Details

Filer

Filer Name
Find Ventures Co
EIN
84-4119877
Phone
2069147603
Address
3405 LAFAYETTE AVE S, SEATTLE, WA 98144

Signing Officer

Name
Elizabeth Scallon
Title
Director
Phone
2069147603
Signed
2022-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Scallon
Formed
2020
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
3
Employees
4

Preparer

Firm
Bettinger Anderson CPA Group Ps
Address
4040 LAKE WASHINGTON BLVD NE SUITE, KIRKLAND, WA 98033
Preparer
Kimberly Fyfe CPA
Phone
4258278771
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Making distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code of 1986, as amended, or the corresponding section of any future federal tax code and supporting underrepresented startup founders with capital and non-financial resources in order to create and foster a diverse and inclusive ecosystem.”

Raw XML Appendix272 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/Filer/PhoneNum02069147603
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-09
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ReturnHeader/ReturnTs02022-11-14T13:21:16-05:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCALLION
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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
$552,994
Liabilities
$8,336
Net assets
$544,658
Revenue
$831,954
Expenses
$305,488
Net income
$526,466
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.00$0.25$0.01$2.57$2.56
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.86$0.05$2.81$7.13$9.77$2.64
2021Detailed filing. Detailed filing data is available for this year.$5.53$0.08$5.45$8.32$3.05$5.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.59$0.18$1.00$0.82$0.18