Civic Intelligence

Foundation4 Innovation Inc

990EZ • Fiscal year 2022 • EIN 87-3985130

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 11, 2023

Organization ProfileWWW.FOUNDATION4INNOVATION.ORG
501 Dry Creek RoadMonterey, CA 93940

(831) 646-6590

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

100th percentile

501500%

Faster asset growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

100th percentile

1925300%

Faster revenue growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$5,016

Up $5,016 from 2021

Net Assets

Up

$5,016

Up $5,016 from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin84th percentile

Revenue

Up

$19,254

Up $19,253 (+1925300%) from 2021

Expenses

Up

$11,939

Up $11,938 (+1193800%) from 2021

Net Income

Up

$7,315

Up $7,315 from 2021

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$15K$10K$5.0K$0Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $5,016Liabilities 2022: $0Net Assets 2022: $5,0162022Assets 2023: $9,486Liabilities 2023: $0Net Assets 2023: $9,4862023Assets 2024: $13,381Net Assets 2024: $13,3812024

Highlighted filing

2022

Assets$5,016
Liabilities$0
Net Assets$5,016
Open 2022 Filing

Operations Trend

Revenue Growth100th percentile

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

$40K$30K$20K$10K$0Revenue 2021: $1Expenses 2021: $1Net Income 2021: $02021Revenue 2022: $19,254Expenses 2022: $11,939Net Income 2022: $7,3152022Revenue 2023: $14,766Expenses 2023: $10,296Net Income 2023: $4,4702023Revenue 2024: $30,760Expenses 2024: $26,865Net Income 2024: $3,8952024

Highlighted filing

2022

Revenue$19,254
Expenses$11,939
Net Income$7,315
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 11, 2023
Return Version
2022v5.0
Gross Receipts
$19,254
Mission and Program Overview

Mission

To foster innovation and ideation for underserved population with education, experimentation, trial and error, continuous learning, and action to make a positive impact on local communities and opportunities for successful futures

To foster innovation and ideation for underserved populations with education, experimentation, trial and error, continuous learning and action to make a positive impact on local communities and opportunities for successful futures.

Program Services

DescriptionGrantsExpenses
WORKED WITH LOCAL FOUNDATIONS AND DONORS TO ALLOW PARTICIPANTS ACCESS TO ENTRY LEVEL GRANTS.$10,167$11,939
WORKED WITH LOCAL FOUNDATIONS AND DONORS TO ALLOW PARTICIPANTS ACCESS TO ENTRY LEVEL GRANTS.--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARCI KELLERDirector-$0--
DAWN FREGOSADirector-$0--
Filing and Contact Details

Filer

Filer Name
Foundation4innovation Inc
EIN
87-3985130
Address
501 DRY CREEK ROAD, MONTEREY, CA 93940

Signing Officer

Name
Marci Keller
Title
Director
Phone
8316466590
Signed
2023-09-11
Discuss with paid preparer
Yes

Preparer

Firm
The Garabedian Group Inc
Address
7110 N FRESNO ST STE 200, FRESNO, CA 93720-2933
Preparer
Dale J Garabedian
Phone
5594727370
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expense 156 meetings 716 insurance 500 total 1,372”

Form 990-ez, Part I, Line 20

“ADJUSTMENT FOR PY -2,299”

Form 990-ez, Part III

“To foster innovation and ideation for underserved populations with education, experimentation, trial and error, continuous learning and action to make a positive impact on local communities and opportunities for successful futures.”

Form 990-ez, Part III, Line 31

“Worked with local foundations and donors to allow participants access to entry level grants.”

Raw XML Appendix115 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum08316466590
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0501 DRY CREEK ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONTEREY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093940
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05016
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/EngagedInExcessBenefitTransInd0false
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-2299
IRS990EZ/OtherExpensesTotalAmt01372
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO FOSTER INNOVATION AND IDEATION FOR UNDERSERVED POPULATIONS WITH EDUCATION, EXPERIMENTATION, TRIAL AND ERROR, CONTINUOUS LEARNING AND ACTION TO MAKE A POSITIVE IMPACT ON LOCAL COMMUNITIES AND OPPORTUNITIES FOR SUCCESSFUL FUTURES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WORKED WITH LOCAL FOUNDATIONS AND DONORS TO ALLOW PARTICIPANTS ACCESS TO ENTRY LEVEL GRANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1WORKED WITH LOCAL FOUNDATIONS AND DONORS TO ALLOW PARTICIPANTS ACCESS TO ENTRY LEVEL GRANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010167
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011939
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011939
IRS990EZ/TotalProgramServiceExpensesAmt011939
IRS990EZ/TotalRevenueAmt019254
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FOUNDATION4INNOVATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt019254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt019255
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt019255
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt019254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt019255
IRS990ScheduleA/TotalSupportAmt019255
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 156 MEETINGS 716 INSURANCE 500 TOTAL 1,372
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADJUSTMENT FOR PY -2,299
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO FOSTER INNOVATION AND IDEATION FOR UNDERSERVED POPULATIONS WITH EDUCATION, EXPERIMENTATION, TRIAL AND ERROR, CONTINUOUS LEARNING AND ACTION TO MAKE A POSITIVE IMPACT ON LOCAL COMMUNITIES AND OPPORTUNITIES FOR SUCCESSFUL FUTURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WORKED WITH LOCAL FOUNDATIONS AND DONORS TO ALLOW PARTICIPANTS ACCESS TO ENTRY LEVEL GRANTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MARCI KELLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08316466590
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION4INNOVATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0873985130
ReturnHeader/Filer/USAddress/AddressLine1Txt0501 DRY CREEK ROAD
ReturnHeader/Filer/USAddress/CityNm0MONTEREY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093940
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270168995
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE GARABEDIAN GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07110 N FRESNO ST STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRESNO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0937202933
ReturnHeader/PreparerPersonGrp/PhoneNum05594727370
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DALE J GARABEDIAN
ReturnHeader/ReturnTs02023-10-09T19:02:31-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARCI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KELLER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,016
Liabilities
$0
Net assets
$5,016
Revenue
$19,254
Expenses
$11,939
Net income
$7,315
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.4$13.4$30.8$26.9$3.90
2023Detailed filing. Detailed filing data is available for this year.$9.49$0.00$9.49$14.8$10.3$4.47
2022Detailed filing. Detailed filing data is available for this year.$5.02$0.00$5.02$19.3$11.9$7.32
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00