Intelliversity

Nonprofit profile at a glance

EIN
271186214
IRS 990-EZ coverage
2012–2014
Forms available
Form 990-EZ 2014
Location
Carson City, NV, USA
Phone
7607078522
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Small Business Development

Reported finances

Revenue
$52,040
Expenses
$40,266
Assets
$6,124
Liabilities
$20,239

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Robert S Kramarz (President)

People named in this filing

  • Robert S Kramarz (President)
  • Ravi Bhola (Director)
  • Jaye Riggio (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Intelliversity's mission is to support innovative entrepreneurs whose ideas can become products and services that impact the world in a positive way. Intelliversity's purpose is to provide worthy entrepreneurs involved in start-up companies in the high-technology, alternative energy, environmental sustainability and emerging health technology industries with educational tools, resources, training, and other assistance, free of charge through direct grants. The goal is to ensure that worthy entrepreneurs have the best chance possible to succeed and to go on to create jobs, economic wealth, and valuable products and services that impact technology, health, and the environment.

What it reported doing in 2014

Training and education provided to a number of scientists and their organizations in the San DIego area, development training material, and setting up online systems to enable this training.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 31
  • Transparency & Controls: 82
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.3%; rating input score 28
  • Program expense ratio: 36.6%; rating input score 37

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 22.6%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 3.3; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -5.5% per year; rating input score 0; 39th percentile among comparable filings
  • Revenue growth: 69.4% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 79.8% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 28.3% of revenue deployed · 36.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2012 to 2014
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 28/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 37/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.