Civic Intelligence

Peerverity Foundation

990 • Fiscal year 2022 • EIN 86-2771984

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 06, 2023

605 Alleghany StreetBlacksburg, VA 24060

(540) 953-3390

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

47th percentile

-0.0%

Faster asset growth than 47% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$9,973,407

Down $2,931 (-0.0%) from 2021

Net Assets

Down

$9,973,407

Down $2,931 (-0.0%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$0

Down $9,983,484 (-100%) from 2021

Expenses

Down

$2,931

Down $4,215 (-59%) from 2021

Net Income

Down

-$2,931

Down $9,979,269 (-100%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2021: $9,976,338Liabilities 2021: $0Net Assets 2021: $9,976,3382021Assets 2022: $9,973,407Liabilities 2022: $0Net Assets 2022: $9,973,4072022Assets 2023: $10,144,404Liabilities 2023: $53,777Net Assets 2023: $10,090,6272023Assets 2024: $10,150,051Liabilities 2024: $150,575Net Assets 2024: $9,999,4762024

Highlighted filing

2022

Assets$9,973,407
Liabilities$0
Net Assets$9,973,407

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2021: $9,983,484Expenses 2021: $7,146Net Income 2021: $9,976,3382021Revenue 2022: $0Expenses 2022: $2,931Net Income 2022: -$2,9312022Revenue 2023: $237,151Expenses 2023: $119,931Net Income 2023: $117,2202023Revenue 2024: $0Expenses 2024: $91,151Net Income 2024: -$91,1512024

Highlighted filing

2022

Revenue$0
Expenses$2,931
Net Income-$2,931
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

The mission of the peerverity foundation is to create educational training programs and free open-source software to help people to analyze information received via internet-based news and social media sources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,511,988$8,509,057▼ $2,931
Investments in Publicly Traded Securities$1,464,350$1,464,350→ $0
Total Assets$9,976,338$9,973,407▼ $2,931
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,976,338$9,973,407▼ $2,931
Total Net Assets Fund Balance$9,976,338$9,973,407▼ $2,931
Total Liabilities and Net Assets / Fund Balance$9,976,338$9,973,407▼ $2,931
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel NotesteinPresident
Eric FriasDirector
Donna MitchellVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,931
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance-$1,591-$1,591
Fees for Services Accounting-$1,100-$1,100
Fees for Services Legal-$91-$91
Other Expenses-$64-$64
Office Expenses-$60-$60
Fees for Services Other-$25-$25
Total Functional Expenses$0$2,931$0$2,931
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
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
Yes
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 2

Daniel notestein donna mitchell president vice preside wife

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

All disclosures were reviewed by the vice president.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Peerverity Foundation
EIN
86-2771984
Phone
5409533390
Address
605 ALLEGHANY STREET, BLACKSBURG, VA 24060

Signing Officer

Name
Daniel Notestein
Title
President
Phone
5409533390
Signed
2023-11-06

Organization Details

Principal Officer
Daniel Notestein
Formed
2021
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Fiondella Milone & Lasaracina Llp
Address
300 WINDING BROOK DR STE 1, GLASTONBURY, CT 06033
Preparer
Amber D Tucker
Phone
8606573651
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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/BuildTS02023-04-26 12:10:37Z
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