Civic Intelligence

Innovation Outreach Program Inc

990EZ • Fiscal year 2020 • EIN 85-2932804

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

1224 Prospect St Ste 130La Jolla, CA 92037

(858) 456-3808

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.00x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

90th percentile

39%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$70,178

No earlier filing loaded for comparison.

Net Assets

$70,178

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$180,000

No earlier filing loaded for comparison.

Expenses

$109,822

No earlier filing loaded for comparison.

Net Income

$70,178

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.

$200K$150K$100K$50K$0Assets 2020: $70,178Liabilities 2020: $0Net Assets 2020: $70,1782020Assets 2021: $91,317Liabilities 2021: $0Net Assets 2021: $91,3172021Assets 2022: $4,688Liabilities 2022: $0Net Assets 2022: $4,6882022Assets 2023: $76,441Liabilities 2023: $0Net Assets 2023: $76,4412023Assets 2024: $156,228Liabilities 2024: $0Net Assets 2024: $156,2282024

Highlighted filing

2020

Assets$70,178
Liabilities$0
Net Assets$70,178

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2020: $180,000Expenses 2020: $109,822Net Income 2020: $70,1782020Revenue 2021: $780,000Expenses 2021: $758,861Net Income 2021: $21,1392021Revenue 2022: $524,982Expenses 2022: $611,611Net Income 2022: -$86,6292022Revenue 2023: $595,000Expenses 2023: $523,247Net Income 2023: $71,7532023Revenue 2024: $661,019Expenses 2024: $581,232Net Income 2024: $79,7872024

Highlighted filing

2020

Revenue$180,000
Expenses$109,822
Net Income$70,178
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$180,000
Mission and Program Overview

Mission

The mission of the Innovation Outreach Program is to build a trusted community of leaders, a cross-industry ecosystem, that creates an exponential increase in innovation at member companies as a result of a year-round exchange of ideas and insight into emerging technologies.

Program Services

DescriptionGrantsExpenses
The Organization served as a cross-industry community of multinational member companies with the goal of fostering collaboration, shared learning and benchmarking. The IOP advances the concepts and processes of innovation, promoting Innovation Scouting, developing innovative business ideas, with the potential to test how these ideas might profitably be turned into new products and services and related activities.$109,822-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claudio GutierrezChairmanPT$0--
Greg ArcherSecretary/TreasPT$0--
Michael KuBoard Member-$0--
Mary LombardoBoard Member-$0--
James BuzkowskiBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Innovation Outreach Program Inc
EIN
85-2932804
Phone
8584563808
Address
1224 Prospect St Ste 130, La Jolla, CA 92037

Signing Officer

Name
Greg Archer
Title
Secretary/Treas
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Blitz Lee & Company
Address
3838 Camino Del Rio N Ste 360, San Diego, CA 92108
Preparer
Marlise M Kimberly
Phone
6192835534
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Reasonable Cause Statement - Late Filing Taxpayer hereby requests a waiver of the late filing penalty for the 2020 tax return. The taxpayer e-filed the return timely on November 15, 2021. The return was rejected due to a mismatch of organization type in the IRS system. The preparer contacted the IRS to update its records, but the IRS was unable to update the information within the 10 day time frame for resubmission. The incident report for the IRS was Incident Report # IM478379. The IRS resolved the issue on November 30, 2021 at which time the preparer immediately resubmitted the return electronically. The resubmission was not accepted electronically when submitted on November 30, 2021. The e-help desk was contacted again to resolve the e-file rejection. The IRS Incident Report # IM481327 was created on November 30, 2021 for additional review of the rejection. Representative Marsha White at the e help desk contacted us on December 13, 2021 to ask us to resubmit the return.The late filing penalty should be waived due to the delay from the IRS.

Other Expenses.1002

Office Expenses $165

Other Expenses.1

Event Production $87885

Other Expenses.2

Design Fees $7932

Other Expenses.3

Software Subscriptions $4218

Other Expenses.4

Bank Service Charges $87

Raw XML Appendix122 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - Reasonable Cause Statement - Late Filing Taxpayer hereby requests a waiver of the late filing penalty for the 2020 tax return. The taxpayer e-filed the return timely on November 15, 2021. The return was rejected due to a mismatch of organization type in the IRS system. The preparer contacted the IRS to update its records, but the IRS was unable to update the information within the 10 day time frame for resubmission. The incident report for the IRS was Incident Report # IM478379. The IRS resolved the issue on November 30, 2021 at which time the preparer immediately resubmitted the return electronically. The resubmission was not accepted electronically when submitted on November 30, 2021. The e-help desk was contacted again to resolve the e-file rejection. The IRS Incident Report # IM481327 was created on November 30, 2021 for additional review of the rejection. Representative Marsha White at the e help desk contacted us on December 13, 2021 to ask us to resubmit the return.The late filing penalty should be waived due to the delay from the IRS.
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Filings