Civic Intelligence

Inventaverse Foundation

990 • Fiscal year 2022 • EIN 88-1216293

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 29, 2023

Organization Profilewww.inventaverse.org/about
8 The Green Suite ADover, DE 19901

(000) 000-0000

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$75

Flat from 2022

Net Assets

Flat

$75

Flat from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses

Revenue

Flat

$2,500

Flat from 2022

Expenses

Flat

$2,425

Flat from 2022

Net Income

Flat

$75

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$300$200$100$0Assets 2022: $75Liabilities 2022: $0Net Assets 2022: $752022Assets 2022: $75Liabilities 2022: $0Net Assets 2022: $752022Assets 2023: $300Liabilities 2023: $0Net Assets 2023: $3002023

Highlighted filing

2022

Assets$75
Liabilities$0
Net Assets$75
Open 2022 Filing

Operations Trend

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

$3.0K$2.0K$1.0K$0Revenue 2022: $2,500Expenses 2022: $2,425Net Income 2022: $752022Revenue 2022: $2,500Expenses 2022: $2,425Net Income 2022: $752022Revenue 2023: $2,315Expenses 2023: $2,030Net Income 2023: $2852023

Highlighted filing

2022

Revenue$2,500
Expenses$2,425
Net Income$75
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 29, 2023
Return Version
2022v5.0
Gross Receipts
$2,500
Mission and Program Overview

Mission

Advancing educational equilibrium + economic empowerment (E4).

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$75▲ $75
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$75▲ $75
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$75▲ $75
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$0$75▲ $75
Total Liabilities and Net Assets / Fund Balance$0$75▲ $75
Compensation and Service Providers

Board Members and Trustees

NameTitle
Blyth van DamFounder and Chair
E EllnerInterim Secretary
JFK FrazierInterim Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,500
Change in Net Assets
$75
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,425
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
Fees for Services Legal$0$765$0$765
Conferences and Meetings$0$537$0$537
Occupancy$0$533$0$533
Information Technology$390$0$0$390
Fees for Services Other$200$0$0$200
Total Functional Expenses$590$1,835$0$2,425
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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, Part VI, Section B, Line 11B

“The foundation's tax returns are provided to the Board of Trustees prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The foundation asked the Board of Trustees if there were any conflicts of interest prior to role appointments, with disclosure reminders in the feedback form and Annual Meeting.”

Form 990, Part VI, Section B, Line 15

“The foundation's C-suite compensation specifications are reviewed and approved by the Board of Trustees at the Annual Meeting (within reason).”

Form 990, Part VI, Section C, Line 19

“Available upon request.”

Form 990, Part VII, Section A, Line 2

“The founder-selected Inventaverse Board of Trustees shortlist comprises souls in their next chapter (with a track record of contributions to mission-critical industries/domains and proven, value-add talent). The TBA full board holds elected, renewable, 1Y-appointments, advancing our mission with expertise/connections where needed (interim board serves until then).”

Filing and Contact Details

Filer

Filer Name
Inventaverse Foundation
EIN
88-1216293
Phone
0000000000
Address
8 The Green Suite A, Dover, DE 19901

Signing Officer

Name
Blyth van Dam
Title
Founder and Chair
Phone
0000000000
Signed
2023-06-29

Organization Details

Principal Officer
Blyth van Dam
Formed
2022
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
4
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IRS990/ProgSrvcAccomActy2Grp/Desc0541900 The stealth-mode foundation operated its professional division to advance educational equilibrium + economic empowerment (expenses calculated under 990 Part IX C. Management & General Expenses vs. Program Service Expenses).
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IRS990/ProgSrvcAccomActy3Grp/Desc0541700 The stealth-mode foundation's development division continued R&D for Inventaverse 2.0, the nonprofit concept copyrighted 2011-2013 (PAu003583804 MA5KS, PAu003603071 MA5KS, PAu003678026 Flycoll Signature Tune under "Cobblepot," founder's original alter ago, and "MYNKE," distinguishable J. Doe spelling of "menke," Dutch for "man"), to power educational equilibrium + economic empowerment (E4) in a redesigned world.
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IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt075
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt02500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt02500
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02500
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$75
Liabilities
$0
Net assets
$75
Revenue
$2,500
Expenses
$2,425
Net income
$75
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$300$0$300$2,315$2,030$285
2022Detailed filing. Detailed filing data is available for this year.$75$0$75$2,500$2,425$75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$75$0$75$2,500$2,425$75