Southeast Innovation Institute
- Assets
- $115.4k
- Revenue
- $348.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Dacula, GA
- Founding
- Data as of
- 12/2022
- EIN
- 85-2158488
Organization Overview
Southeast Innovation Institute, operating under the name Seii, is located in Dacula, GA. 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 12/2022, Seii employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seii 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 12/2022, Seii generated $348.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 58.5% each year . All expenses for the organization totaled $403.1k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO UNITE TECHNOLOGICALLY ADVANCED COMPANIES WITH RESOURCES TO CAPITALIZE MARKET OPPORTUNITIES. TO CONTRIBUTE TO HUMAN WELFARE BY APPLICATION OF RESEARCH DESIGN DEVELOPMENT TESTING AND EVALUATION TO DELIVER RELIABLE HIGH-QUALITY PRODUCTS AND SERVICES. TO PROVIDE AN INTELLECTUAL PROPERTY DRIVEN ECOSYSTEM TO ADVANCE THE STATE OF THE ART FOR HUMAN ADVANCEMENT HEALTH SAFETY AND SECURITY ACROSS PRIVATE AND PUBLIC SECTORS PARTICULARLY MILITARY INNOVATION TO PROTECT OUR NATION. TO PROVIDE EDUCATION AND IMPROVE HEALTH AND SOCIAL WELFARE FOR LOCAL AND REGIONAL COMMUNITIES; TO PRESERVE THE ENVIRONMENT; AND TO PROMOTE THE ESTABLISHMENT OF A CIVIL SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGING WITH SMALL BUSINESS ENTERPRISES OF THE COMMUNITY TO SUPPORT START-UP AND ENGAGEMENT WITH COLLABORATORS AND FUNDING OPPORTUNITIES.
SERVING LOCAL COMMUNITIES TO CARE FOR AND TREAT ANIMALS INCLUDING EDUCATION WITH LOCALITIES TO SAME EFFECT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Dobson CEO | OfficerTrustee | 40 | $196,400 |
Cody Andrushko COO VP Business Dev | Officer | 40 | $57,604 |
Jeff Fortenberry Cpa | 2.5 | $38,504 | |
Gerald Goodfellow President | OfficerTrustee | 40 | $0 |
Jerome Dubose Advisor | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
| Total Program Service Revenue | $104,661 |
| Investment income | $82 |
| 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 | $348,493 |
| 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. | $78,757 |
| Compensation of current officers, directors, key employees. | $78,757 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,901 |
| Pension plan accruals and contributions | $11,180 |
| Other employee benefits | $0 |
| Payroll taxes | $85,334 |
| Fees for services: Management | $25,685 |
| Fees for services: Legal | $5,555 |
| Fees for services: Accounting | $6,951 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $131,538 |
| Advertising and promotion | $780 |
| Office expenses | $6,947 |
| Information technology | $12,755 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $17,033 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $813 |
| Interest | $0 |
| Payments to affiliates | $2,155 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,668 |
| All other expenses | $0 |
| Total functional expenses | $403,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,352 |
| Savings and temporary cash investments | $10,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,000 |
| 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 | $115,352 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $115,352 |
| 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 | $115,352 |
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