Innovation Tri-Valley Inc
- Assets
- $21.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pleasanton, CA
- Founding
- 08/2013
- Data as of
- 06/2020
- EIN
- 27-3935187
Organization Overview
Innovation Tri-Valley Inc is located in Pleasanton, CA. The organization was established in 2013. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovation Tri-Valley Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Innovation Tri-Valley Inc generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (43.2%) each year. All expenses for the organization totaled $1.1k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (54.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
INNOVATION TRI-VALLEY INC. DRIVES CHARITABLE COMMUNITY ENGAGEMENT THROUGHOUT THE TRI-VALLEY REGION BY SUPPORTING INNOVATION, ENTREPRENEURSHIP, CAREER DEVELOPMENT, AND LEADERSHIP PROGRAMS AND EVENTS FOR STUDENTS, YOUTH GROUPS AND EMERGING LEADERS IN THE REGION. ITV ALSO PROVIDES FINANCIAL AND PROMOTIONAL ASSISTANCE TO OTHER CHARITABLE GROUPS ALIGNED WITH THIS MISSION TO DELIVER INNOVATION AND TECH-BASED EDUCATION PROGRAMS AND WORKFORCE DEVELOPMENT OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Sensiba Secreatary Treasurer | 0.5 | $0 | |
Sblend Splendario Chair | 0.5 | $0 | |
Lynn Naylor CEO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,000 |
| Statement of Expenses | |
|---|---|
| Total expenses | $1,120 |
| Balance Sheet | |
|---|---|
| Total assets | $21,469 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,469 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Long Beach Area Convention And Visitors Bureau Inc Long Beach, CA | $4,784,571 | $9,189,036 |
San Luis Obispo Visitors & Conference Bureau Incorporated San Luis Obispo, CA | $7,302,521 | $9,818,447 |
Smcu Community Fund Redwood City, CA | $1,513,371 | $6,964,137 |
Maui Economic Development Board Inc Medb Kihei, HI | $10,649,362 | $7,742,311 |
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Santa Monica Travel & Tourism Santa Monica, CA | $2,868,308 | $7,126,411 |
Providence Foundation Of San Francisco San Francisco, CA | $2,572,916 | $7,012,697 |
La Cocina Inc San Francisco, CA | $10,601,250 | $8,307,558 |
Cplc Nevada Inc Phoenix, AZ | $8,204,824 | $6,300,794 |
Visit Napa Valley Inc Napa, CA | $10,680,406 | $9,057,176 |
Northern California Indian Development Council Inc Eureka, CA | $9,408,932 | $5,019,094 |
Greater Sacramento Area Economic Council Sacramento, CA | $15,768,585 | $3,467,560 |