BETA

INNOWEST: Form 990EZ, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
INNOWEST (EIN 46-3108541)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-15
IRS object ID
201633209349204363
Schema version
2015v2.0
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)
Return2016-11-15T12:08:41-08:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1M Razi Sheikh CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17133 Etiwanda Ave 205AddressLine1Txt
CityResedaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91335ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463108541EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INNOWESTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINNOBusinessNameControlTxt
Phone4084622498PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1764 SAN ALESO AVEAddressLine1Txt
CitySUNNYVALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94085ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTALIP OZTURKPersonNm
Person TitlePresidentPersonTitleTxt
Signature2016-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonM Razi Sheikh CPAPreparerPersonNm
PTINP01469135PTIN
Phone8187749201PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addresshttps://www.meetup.com/innowest_meetup_group/WebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$177,292GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$57,128ContributionsGiftsGrantsEtcAmt
Program Service Revenue$120,164ProgramServiceRevenueAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$177,292TotalRevenueAmt
Salaries Other Comp Empl Bnft$38,801SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$2,210FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$81,986OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$1,057PrintingPublicationsPostageAmt
Other Expenses Total$46,947OtherExpensesTotalAmt
Total Expenses$171,001TotalExpensesAmt
Excess Or Deficit For Year$6,291ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$28,974NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$35,265NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$22,421BOYAmt
EOY$16,294EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$6,553BOYAmt
EOY$19,647EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$28,974BOYAmt
EOY$35,941EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$676EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$28,974BOYAmt
EOY$35,265EOYAmt
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

FieldValueIRS element (for citing)
Description Program Srvc Accom1. Silicon Valley Business ToursThe 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. BootcampsInnowest 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.DescriptionProgramSrvcAccomTxt
Grants And Allocations$134,804GrantsAndAllocationsAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$134,804TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
TALIP OZTURK
President1.00$0
MURAT SEZGIN
Treasurer1.00$0
ZEYNEP TULU
Secretary1.00$0
MARGARET DARIN HAGAN
MEMBER1.00$0
SERDAR TURAC
CEO40.00$35,700
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Organization Filed990 TfalseOrganizationFiled990TInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Initiation Fees And Cap Contri$0InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$0GrossReceiptsForPublicUseAmt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDERVIS B ULUDAGPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line115145 SPRINGDALE STAddressLine1Txt
CityHUNTINGTON BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92649ZIPCd
FieldValueIRS element (for citing)
Phone7148920135PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Form720 FiledfalseForm720FiledInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Related Org Sect527 OrgfalseRelatedOrgSect527OrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$64,200CurrentTaxYearMinus1YearAmt
Current Tax Year$56,829CurrentTaxYearAmt
Total$121,029TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$64,200CurrentTaxYearMinus1YearAmt
Current Tax Year$56,829CurrentTaxYearAmt
Total$121,029TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$121,029PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$120,164CurrentTaxYearAmt
Total$120,164TotalAmt
FieldValueIRS element (for citing)
Total Support$241,193TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700.00000PublicSupportCY170Pct

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Other Expenses.1002Office Expenses $410
Other Expenses.1005Travel $5321
Other Expenses.1009Depreciation $8729
Other Expenses.1012Insurance $691
Other Expenses.1Supplies $16202
Other Expenses.2Meetup Expenses $14440
Other Expenses.4Equipment Rental $917
Other Expenses.5Books, Subscriptions & Referen $237
Other Assets.1002Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $13094
Other Assets.1Security Deposits - Beginning $6553 Security Deposits - Ending $6553
Total Liabilities.1PAYROLL TAXES PAYABLE - Beginning $0 PAYROLL TAXES PAYABLE - Ending $676

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