Alliance For Innovation Inc
- Assets
- $120.5k
- Revenue
- $774.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Evergreen, CO
- Founding
- 05/1980
- Data as of
- 12/2021
- EIN
- 59-1936650
Organization Overview
Alliance For Innovation Inc is located in Evergreen, CO. The organization was established in 1980. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 12/2021, Alliance For Innovation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance For Innovation 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 12/2021, Alliance For Innovation Inc generated $774.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $631.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS WITHIN LOCAL GOVERNMENTAL ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES NETWORKING, EDUCATION, TRAINING, AND WORKSHOPS TO UPDATE MEMBERS ON PROJECTS, PROGRAMS, AND INNOVATIVE IDEAS INITIATED BY OTHER GOVERNMENTS. ALSO, THE ORGANIZATION PUTS ON A NATIONAL CONFERENCE SHOWCASING INNOVATION EFFORTS IN LOCAL GOVERNMENTS AND WEBINARS ON TOPICS OF INTEREST TO LOCAL GOVERNMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Carnes CEO | Officer | 40 | $137,486 |
Jon Johnson Treasurer/cfo | Officer | 40 | $59,881 |
Erik Cole Director | Trustee | 1 | $0 |
Tansy Hayward Director | Trustee | 1 | $0 |
J Michael Wilkes Board Chair | Trustee | 1 | $0 |
Peter Pirnejad Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $422,013 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $160,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $666,113 |
| Total Program Service Revenue | $106,900 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $774,446 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $197,368 |
| Compensation of current officers, directors, key employees. | $58,324 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,190 |
| Pension plan accruals and contributions | $19,105 |
| Other employee benefits | $32,345 |
| Payroll taxes | $21,076 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,388 |
| Advertising and promotion | $20,795 |
| Office expenses | $666 |
| Information technology | $17,736 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $566 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,190 |
| Insurance | $2,413 |
| All other expenses | $332 |
| Total functional expenses | $631,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,560 |
| Savings and temporary cash investments | $76,299 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $180 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $16,468 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $120,507 |
| Accounts payable and accrued expenses | $4,036 |
| Grants payable | $0 |
| Deferred revenue | $83,450 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $87,486 |
| Net assets without donor restrictions | $33,021 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $120,507 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alliance For Innovation Inc has recieved totaling $25.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Interstate Commission For Higher Education Boulder, CO | $21,671,158 | $19,186,814 |
Nata Board Of Certification Inc Omaha, NE | $23,217,793 | $6,438,062 |
Kansas Livestock Foundation Topeka, KS | $863,927 | $1,452,734 |
Alliance For Innovation Inc Evergreen, CO | $120,507 | $774,446 |
Idea Wild Fort Collins, CO | $479,254 | $588,780 |
Center For Technology Research And Commercialization Colorado Springs, CO | $55,148 | $416,014 |
Institute For The Study Of Advanced Development Inc Westminster, CO | $162,341 | $381,000 |
International Society Of Exposure Science Roeland Park, KS | $404,033 | $324,267 |
Tinkermill Longmont, CO | $1,557,821 | $367,926 |
Thrive-Wise Lafayette, CO | $198,014 | $0 |
Hydropower Foundation Inc Littleton, CO | $219,803 | $169,296 |
Nebraska Institute Of Forensic Sciences Inc Lincoln, NE | $8,757 | $253,050 |