Preventum Initiative Inc
- Assets
- $5.1k
- Revenue
- $50.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Black Mountain, NC
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 82-3235856
Organization Overview
Preventum Initiative Inc is located in Black Mountain, NC. The organization was established in 2018. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preventum Initiative 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, Preventum Initiative Inc generated $50.9k in total revenue. All expenses for the organization totaled $78.4k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMBINES RESEARCH AND TECHNOLOGY TO SOLVE COMPLEX PUBLIC HEALTH ISSUES. OUR CURRENT FOCUS IS ON THE OPIOID CRISIS - WORKING IN PREVENTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HAVE DEVELOPED AN APP CALLED FEND FULL ENERGY, NO DRUGS AIMED AT YOUTH AND YOUNG ADULTS WHICH EDUCATED YOUNG PEOPLE WITH THE FACTS ABOUT OPIOIDS AND OTHER COMMONLY MISUSED PRESCRIPTION MEDICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Burgess PHD Executive Director | OfficerTrustee | 10 | $0 |
Stephen Huff Director | OfficerTrustee | 10 | $0 |
Erick Went Director | OfficerTrustee | 10 | $0 |
Michael Sloan Director | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $5,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $45,880 |
| Investment income | $0 |
| 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 | $50,880 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,693 |
| Fees for services: Accounting | $450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,778 |
| Office expenses | $514 |
| Information technology | $1,661 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $714 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $78,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,085 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,085 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,114 |
| Total liabilities | $1,114 |
| Net assets without donor restrictions | $0 |
| 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 | $3,971 |
| Total liabilities and net assets/fund balances | $5,085 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Preventum Initiative Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healtheway Inc Vienna, VA | $13,654,892 | $8,909,685 |
Sequoia Project Vienna, VA | $2,982,102 | $6,201,821 |
United States Of Care Campaign Arlington, VA | $4,660,895 | $4,292,586 |
Laborers District Council Of Alabama Health & Welfare Fund Goodlettsville, TN | $9,710,185 | $4,412,536 |
Surgical Review Corporation Raleigh, NC | $203,161 | $3,487,656 |
Center For Medical Interoperability Inc Nashville, TN | $5,104,161 | $3,357,458 |
Civitas Networks For Health Sanford, NC | $2,288,338 | $1,647,214 |
Thought Leadership & Innovation Foundation Mclean, VA | $272,882 | $1,747,360 |
Virginia Center For Health Innovation Midlothian, VA | $1,430,829 | $1,055,072 |
Global Genomic Medicine Collaborative Durham, NC | $1,365,095 | $1,687,021 |
Hda Research Foundation Arlington, VA | $904,274 | $848,541 |
Innovative Solutions For Disadvantage And Disability Inc Decatur, GA | $305,185 | $657,273 |