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INNOWEST: Form 990EZ, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
INNOWEST (EIN 46-3108541)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-07
IRS object ID
201713119349201771
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-07T14:42:43-08:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Expert Tax & AccountingBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18210 Constantine Dr Apt 58AddressLine1Txt
CityHuntington BeachCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92646ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463108541EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INNOWESTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINNOBusinessNameControlTxt
Phone5105569002PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 CUESTA DR UNIT 18AddressLine1Txt
CityLOS ALTOSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSERDAR TURACPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5105569002PhoneNum
Signature2017-06-16SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonARIF CAPAROGLU MBA EAPreparerPersonNm
Phone6027039091PhoneNum
Preparation2017-11-07PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address104.35.216.225IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-07IPDt
IP Tm14:42:33IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id23FBEA9BEF3B2F0894067740C7A1B4A3EF35BA2AAtSubmissionCreationDeviceId
At Submission Filing Device Id23FBEA9BEF3B2F0894067740C7A1B4A3EF35BA2AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2018-03-14 21:41:22ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addresswww.innowest.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$192,812GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$13,200ContributionsGiftsGrantsEtcAmt
Program Service Revenue$179,612ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$0InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$192,812TotalRevenueAmt
Salaries Other Comp Empl Bnft$60,700SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$4,224FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$119,469OccupancyRentUtltsAndMaintAmt
Other Expenses Total$26,197OtherExpensesTotalAmt
Total Expenses$210,590TotalExpensesAmt
Excess Or Deficit For Year-$17,778ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$35,265NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,487NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$16,294BOYAmt
EOY$3,936EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$19,647BOYAmt
EOY$13,551EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$35,941BOYAmt
EOY$17,487EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$676BOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$35,265BOYAmt
EOY$17,487EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeINNOWEST EXISTS TO DELIVER RESOURCES AND SOLUTIONS TO LOCAL & INTERNATIONAL COMPANIES AND ENTREPRENEURS. THESE RESOURCES INCLUDE WORKSPACE AND BUSINESS TOOLS TO ENSURE SUCCESSFUL VENTURES FOR STARTUPS.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtProgram Service ExpensesProgramServiceExpensesAmt
SEE SCHEDULE O$162,184
SEE SCHEDULE O
SEE SCHDULE O
FieldValueIRS element (for citing)
Total Program Service Expenses$162,184TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
SERDAR TURAC
PRESIDENT & CEO40.00$56,100
ZEYNEP TULU
SECRETARY1.00$0
MURAT SEZGIN
TREASURER1.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSERDAR TURACPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 CUESTA DR UNIT 18AddressLine1Txt
CityLOS ALTOSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94022ZIPCd
FieldValueIRS element (for citing)
Phone5105569002PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$64,200CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$56,829CurrentTaxYearMinus1YearAmt
Current Tax Year$13,200CurrentTaxYearAmt
Total$134,229TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$64,200CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$56,829CurrentTaxYearMinus1YearAmt
Current Tax Year$13,200CurrentTaxYearAmt
Total$134,229TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$134,229PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$120,164CurrentTaxYearMinus1YearAmt
Current Tax Year$179,612CurrentTaxYearAmt
Total$299,776TotalAmt
FieldValueIRS element (for citing)
Total Support$434,005TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700PublicSupportCY170Pct
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePt II Ln 10FormAndLineReferenceDesc
ExplanationOther Income Part II, Line 10 Description: Private Office 2015: 85716. 2016: 151906. Description: Executive Program 2015: 34448. 2016: 27706.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (19 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
OtherFORM 990-EZ, PART ILL, LINE 28 - STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS1. SILICON VALLEY BUSINESS TOURS: THE ORGANIZATION EXECUTES BUSINESS TOURS FOR MANAGERS, EXECUTIVES, ENTREPRENEURS AND KEEN INDIVIDUALS. IT HOSTS BUSINESS TRAVEL, MEETINGS, TRAINING, WORKSHOPS AND NETWORKING EVENTS. INNOWEST PROVIDES TRAVEL ARRANGEMENTS & CUSTOMIZED ITINERARY. 2. BOOTCAMPS: INNOWEST AND SANTA CLARA UNIVERSITY OFFER AN ACCELARATED CETIFICATE PROGRAM PROVIDING ACCESS TO LEAVEY SCHOOL OF BUSINESS FOR INTERNATIONAL STUDENTS, ENTREPRENEURS AND CEOS. INNOWEST PROVIDES SILICON VALLEY PROFESSIONAL NETWORKS TO ENSURE THESE BOOTCAMPS SUPPLY MEANINGFUL CONNECTIONS IN ADDITION TO ENRICHMENT AND TRAINING. 3. FREE COWORKING AND NETWORKING DAY (EVERY WEDNESDAY) FREE COWORKING DAY ON WEDNESDAYS ONCE EVERY TWO WEEKS.
Form 990EZ, Part I, Line 16PROGRAM EXPENSE 11532.
Form 990EZ, Part I, Line 16SUPPLIES 1806.
Form 990EZ, Part I, Line 16OFFICE EXPENSE 217.
Form 990EZ, Part I, Line 16TRAVEL 728.
Form 990EZ, Part I, Line 16BOOKS, SUBSCRIPTIONS, REFERENCE 175.
Form 990EZ, Part I, Line 16PROPERTY TAX 75.
Form 990EZ, Part I, Line 16EQUIPMENT RENTAL AND MAINTENANCE 6165.
Form 990EZ, Part I, Line 16Depreciation 5499.
Form 990EZ, Part II, Line 24FURNITURE AND FIXTURES 13094. 8903.
Form 990EZ, Part II, Line 24SECURITY DEPOSITS 6553. 0.
Form 990EZ, Part II, Line 24FRAUDULENT CHARGE 0. 4648.
Form 990EZ, Part II, Line 26PAYROLL TAXES PAYABLE 676. 0.
Form 990, Part IX, Line 24eEvent Expense 4656.
Form 990, Part IX, Line 24eOperations:Books, Subscriptions, Reference 175.
Form 990, Part IX, Line 24eProgram Expense 6876.
Form 990, Part IX, Line 24eBank Charge 117.
Form 990, Part IX, Line 24eBusiness Expenses:Business Registration Fees 100.
Form 990, Part IX, Line 24eProperty Tax 75.

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