Civic Intelligence

Innovate Pasadena

990EZ • Fiscal year 2014 • EIN 95-4825583

Oct 01, 2013 to Sep 30, 2014 • Filed on Sep 11, 2015

60 N San Gabriel Blvd91107

(626) 356-9933

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2014

Net Margin

95th percentile

64%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

93rd percentile

140%

Faster asset growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

96th percentile

196%

Faster revenue growth than 96% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$119,752

Up $69,918 (+140%) from 2013

Net Assets

$119,752

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$109,021

Up $72,159 (+196%) from 2013

Expenses

Up

$39,103

Up $28,632 (+273%) from 2013

Net Income

Up

$69,918

Up $43,527 (+165%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2013: $49,834Liabilities 2013: $02013Assets 2014: $119,752Net Assets 2014: $119,7522014Assets 2015: $291,640Liabilities 2015: $7,752Net Assets 2015: $283,8882015Assets 2016: $419,717Liabilities 2016: $6,032Net Assets 2016: $413,6852016Assets 2017: $254,451Liabilities 2017: $733Net Assets 2017: $253,7182017Assets 2018: $114,274Liabilities 2018: $1,056Net Assets 2018: $113,2182018Assets 2019: $39,808Liabilities 2019: $3,502Net Assets 2019: $36,3062019Assets 2020: $26,269Liabilities 2020: $42,995Net Assets 2020: -$16,7262020Assets 2021: $26,546Liabilities 2021: $32,561Net Assets 2021: -$6,0152021Assets 2022: $1,496Liabilities 2022: $30,410Net Assets 2022: -$28,9142022Assets 2023: $3,537Liabilities 2023: $32,697Net Assets 2023: -$29,1602023Assets 2024: $7,487Liabilities 2024: $33,408Net Assets 2024: -$25,9212024

Highlighted filing

2014

Assets$119,752
Liabilities-
Net Assets$119,752

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $36,862Expenses 2013: $10,471Net Income 2013: $26,3912013Revenue 2014: $109,021Expenses 2014: $39,103Net Income 2014: $69,9182014Revenue 2015: $294,879Expenses 2015: $130,743Net Income 2015: $164,1362015Revenue 2016: $436,236Expenses 2016: $306,439Net Income 2016: $129,7972016Revenue 2017: $219,211Expenses 2017: $379,178Net Income 2017: -$159,9672017Revenue 2018: $267,826Expenses 2018: $408,326Net Income 2018: -$140,5002018Revenue 2019: $225,171Expenses 2019: $302,083Net Income 2019: -$76,9122019Revenue 2020: $46,053Expenses 2020: $99,085Net Income 2020: -$53,0322020Revenue 2021: $83,306Expenses 2021: $72,595Net Income 2021: $10,7112021Revenue 2022: $30,254Expenses 2022: $53,153Net Income 2022: -$22,8992022Revenue 2023: $20,741Expenses 2023: $20,987Net Income 2023: -$2462023Revenue 2024: $12,888Expenses 2024: $9,649Net Income 2024: $3,2392024

Highlighted filing

2014

Revenue$109,021
Expenses$39,103
Net Income$69,918
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Sep 11, 2015
Return Version
2013v4.0
Gross Receipts
$181,766
Mission and Program Overview

Mission

The mission of innovate pasadena is to advance greater pasadena as a center for technology and design innovation by supporting collaboration across and within business, academia, and the broader community in order to attract and retain companies, entrepreneurs, and capital.

Innovate pasadena was established to support high tech companies in the greater los angeles area with critical and practical business development resources and connections. The organization provides practical business information to help educate and empower entrepreneurs to create successful businesses.

Program Services

DescriptionGrantsExpenses
PROVIDED NETWORKING EVENTS FOR NEW AND SEASONED PROFESSIONALS FROM THE HIGH TECH, ACADEMIC, AND FINANCE INDUSTRIES TO DEVELOP INTERACTION.$72,745-
PROVIDED PROMOTIONAL OPPORTUNITIES TO NEW TECHNOLOGY AND LIFE SCIENCES ENTERPRISES AND TO OUR COMMUNITY SUPPORTERS INCLUDING MUNICIPALITIES, SERVICE PROVIDERS, ACADEMIC INSTITUTIONS, AND OTHER NON-PROFIT ORGANIZATIONS THROUGH AN INTERACTIVE WEBSITE. THE WEBSITE INCLUDES LOCAL HIGH TECH COMPANIES, A RESOURCE PACKAGE, AND LINKS TO A BROAD NETWORK OF ORGANIZATIONS AS LISTED ABOVE.$407-
PROVIDED EDUCATION AND TRAINING TO ENTREPRENEURS IN MENTORING WORKSHOPS WHERE EXPERIENCED MENTORS OFFER PRACTICAL SOLUTIONS TO ISSUES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL GIARDELLOPresident-$0--
THOMAS BUELTreasurer-$0--
ANDY WILSONCo-Chair-$0--
MARK BREITENBERGDirector-$0--
BETH KUCHARDirector-$0--
MICHAEL BECKDirector-$0--
ERIC DUYSHARTDirector-$0--
GREG MCLEMOREDirector-$0--
BOB MALCHIONEDirector-$0--
STEVE REICHDirector-$0--
ANANTH NATARAJANDirector-$0--
STEPHEN FIACCODirector-$0--
STEVE FLAGGDirector-$0--
AARON FYKEDirector-$0--
ISAAC GARCIADirector-$0--
MATTHEW GOLDMANDirector-$0--
SEAN MORIARTYDirector-$0--
TOM MCGOVERNDirector-$0--
TERRY KAYDirector-$0--
ERIK HOVANECDirector-$0--
FRED FARINADirector-$0--
VACIT ARATDirector-$0--
ANDREA BELZDirector-$0--
BRAD SCHWARTZDirector-$0--
KRISTEN MORQUECHODirector-$0--
PETRA WENNBERG CESARIODirector-$0--
SOPHIA VIKLUNDDirector-$0--
MARK GOLDSTEINDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$21,500$21,500$7,980$13,520
Event 2$7,457$7,457$6,928$529
Total Events$36,252$36,252$17,824$18,428
Filing and Contact Details

Filer

EIN
95-4825583
Phone
6263569933

Signing Officer

Name
Mike Giardello
Title
President
Signed
2015-09-11
Discuss with paid preparer
Yes

Preparer

Preparer
Adam W Hoover
Phone
9092873458
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $470

Other Expenses.1002

Office Expenses $267

Other Expenses.1003

Information Technology $407

Other Expenses.1009

Depreciation $367

Other Expenses.1012

Insurance $1968

Other Expenses.1

TELEPHONE $2233

Other Expenses.3

Meals and entertainment $1258

Other Expenses.4

Merchant account fees $824

Other Expenses.5

BANK CHARGES $158

Other Expenses.6

PARKING & TOLLS $72

Other Expenses.7

LICENSES AND PERMITS $25

Other Assets.1003

Machinery and Equipment - Beginning $1774 Machinery and Equipment - Ending $1407

Changes to Organizing or Governing Documents

The organization amended its articles of incorporation with the california secretary of state's office to change the name of the entity from pasadena entretec to innovate pasadena. A copy of the amended articles of incorporation is included with this return.

Raw XML Appendix289 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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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07457
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt07295
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt036252
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0CONNECT WEEKEND
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0HACK PASADENA
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018428
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02916
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017824
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07980
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06928
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $267
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $407
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $367
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $1968
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TELEPHONE $2233
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEALS AND ENTERTAINMENT $1258
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MERCHANT ACCOUNT FEES $824
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BANK CHARGES $158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PARKING & TOLLS $72
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10LICENSES AND PERMITS $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Machinery and Equipment - Beginning $1774 Machinery and Equipment - Ending $1407
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12THE ORGANIZATION AMENDED ITS ARTICLES OF INCORPORATION WITH THE CALIFORNIA SECRETARY OF STATE'S OFFICE TO CHANGE THE NAME OF THE ENTITY FROM PASADENA ENTRETEC TO INNOVATE PASADENA. A COPY OF THE AMENDED ARTICLES OF INCORPORATION IS INCLUDED WITH THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Changes to Organizing or Governing Documents
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE GIARDELLO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine10INNOVATE PASADENA
ReturnHeader/Filer/BusinessNameControlTxt0PASA
ReturnHeader/Filer/EIN0954825583
ReturnHeader/Filer/PhoneNum06263569933
ReturnHeader/Filer/USAddress/AddressLine1060 N SAN GABRIEL BLVD
ReturnHeader/Filer/USAddress/City0PASADENA
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode091107
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Hoover Financial Consulting Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1015338 Central Ave Ste 111
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Chino
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode091710
ReturnHeader/PreparerPersonGrp/PhoneNum09092873458
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Adam W Hoover
ReturnHeader/ReturnTs02015-09-11T10:08:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-10-01
ReturnHeader/TaxPeriodEndDt02014-09-30
ReturnHeader/TaxYr02013

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