2013-11-14T17:57:30-06:00 2012-12-31 941250261 LINDQUIST VON HUSEN & JOYCE LLP 90 NEW MONTGOMERY ST 11TH FLOOR SAN FRANCISCO CA 94105 990 2012-01-01 201663266 INVENEO INC INVE 4159011969 972 MISSION STREET 5TH FLOOR SAN FRANCISCO CA 94103 BOB MARSH 4159011969 2013-11-14 1 ALEXIS H WONG P00604756 4159579999 2012 2016-02-25 16:41:14Z KRISTIN PETERSON 972 MISSION STREET 5TH FLOOR SAN FRANCISCO CA 94103 3021253 0 X WWW.INVENEO.ORG X 2004 CA INVENEO'S MISSION IS TO GET THE TOOLS OF INFORMATION AND COMMUNICATIONS TECHNOLOGY (ICTS) - SUSTAINABLE COMPUTING AND BETTER INTERNET ACCESS - OUT TO PEOPLE AND ORGANIZATIONS WHO NEED IT MOST IN RURAL AND HIGHLY UNDERSERVED AREAS IN THE DEVELOPING WORLD TO TRANSFORM LIVES THROUGH BETTER ACCESS TO EDUCATION, HEALTHCARE, ECONOMIC OPPORTUNITY AND FASTER RELIEF. 7 4 24 0 0 0 3838821 902705 421840 1387384 2 -2939 393147 224007 4653810 2511157 346375 483464 0 0 1077889 1585596 0 0 152198 1957638 1920083 3381902 3989143 1271908 -1477986 3316757 1719498 386796 267523 2929961 1451975 X INVENEO'S MISSION IS TO GET THE TOOLS OF INFORMATION AND COMMUNICATIONS TECHNOLOGY (ICTS) - SUSTAINABLE COMPUTING AND BETTER INTERNET ACCESS - OUT TO PEOPLE AND ORGANIZATIONS WHO NEED IT MOST IN RURAL AND HIGHLY UNDERSERVED AREAS IN THE DEVELOPING WORLD TO TRANSFORM LIVES THROUGH BETTER ACCESS TO EDUCATION, HEALTHCARE, ECONOMIC OPPORTUNITY AND FASTER RELIEF. 0 0 853876 INVENEO PARTNER PROGRAM (ICIP/ICT/BROADBAND) - INVENEO TRAINS AND PARTNERS WITH ICT PROFESSIONALS ACROSS AFRICA, ASIA PACIFIC, THE MIDDLE EAST AND THE CARIBBEAN THROUGH ITS INVENEO PARTNER PROGRAMS. FOR THE MAJORITY OF IT'S PROGRAM, INVENEO RECRUITS, VETS, TRAINS, CERTIFIES AND ENTERS INTO LONG TERM PARTNERSHIP WITH SMALL AND MEDIUM SIZED IT ENTREPRENEURS, CALLED INVENEO CERTIFIED ICT PARTNERS (ICIPS). WE DELIVER A FORMAL TRAINING PROCESS AND CERTIFICATION PROCESS TO EMPOWER THESE IN-COUNTRY ICT ENTREPRENEURS WITH THE TOOLS, SKILLS AND ONGOING SUPPORT TO IMPLEMENT SUSTAINABLE COMPUTING AND CONNECTIVITY SOLUTIONS FOR ORGANIZATIONS OPERATING IN RURAL AND UNDERSERVED COMMUNITIES. THIS TRAINING AND SUPPORT ENABLES THEM TO BID UPON AND AND BE PAID FOR TECHNOLOGY DEPLOYMENTS USING THE SKILLS GAINED FROM INVENEO AND THE EQUIPMENT RECOMMENDED AND CERTIFIED BY INVENEO. WITH THIS APPROACH, ORGANIZATIONS GET LOCALLY AFFORDABLE AND SUSTAINABLE PROJECTS. ANOTHER PARTNER PROGRAM, CALLED THE INVENEO START-IP ENTREPRENEURS (ITSE), INVENEO RECRUITS, VETS AND TRAINS NEW ICT ENTREPRENEURS AS TECHNICIANS AND TRAINERS. TYPICALLY, THE ITSES ARE INDIVIDUALS (OFTEN YOUTH) IN RURAL AREAS WHO HAVE SOME FORMAL ICT TRANING AND STRONG INTEREST IN BECOMING ENTREPRENEURS IN THEIR COMMUNITY. WE PROVIDE ISSUE SPECIFIC SKILLS (TRAINING FOR BROADBAND SET-UP, TEACHER TRAINING, COMMUNITY TRAINING) SO THAT THEY CAN IMPLEMENT ICT PROGRAMS IN THEIR RURAL AREAS AND BUILD SMALL BUSINESSES AROUND THAT OPPORTUNITY. THIS APPROACH IMPROVES LOCAL EXPERTISE, OPENS NEW MARKET OPPORTUNITIES FOR THE ITSES AND HELP BUILD THE LOCAL ICT ECONOMY.BROADBAND FOR GOOD, 2011(4Q)-2015: THROUGH BROADBAND FOR GOOD, INVENEO'S GOAL IS TO ACCELERATE ACCESS TO HIGH QUALITY BROADBAND SERVICES IN UNDERSERVED REGIONS. THE CONNECTIVITY WILL BE USED TO DRIVE COMMUNITY AND ECONOMIC DEVELOPMENT THROUGH ACCESS TO IMPROVED EDUCATION AND HEALTH SERVICES, BETTER ECONOMIC OPPORTUNITY AND FASTER RELIEF. WITH BROADBAND FOR GOOD, INVENEO IS DESIGNING AND DEMONSTRATING A FRAMEWORK/PROCESS FOR FINANCIALLY SUSTAINABLE MODELS FOR DELIVERING BROADBAND BEYOND ITS CURRENT REACH, USING RADICALLY LOWER COST TECHNOLOGIES AND DELIVERY ECOSYSTEMS BY BUILDING CAPACITY AND ICT JOBS FOR LOCAL ICT ENTREPRENEURS AND RURAL YOUTH. WE WILL BE FIELDING DEMONSTRATIONS THAT CAN BE ADOPTED AND SCALED LOCALLY - IN APPROXIMATELY 10 LOCATIONS AND REGIONS - STARTING IN DADAAB, KENYA. 754797 HAITI - THROUGH THE HAITI CONNECTED CITIES AND HAITI CONNECTED SCHOOLS PROGRAMS, INVENEO IS LEADING EFFORTS TO TRANSFORM ACCESS TO BROADBAND AND EDUCATION THROUGH ICTS. THROUGH HAITI CONNECTED CITIES, INVENEO IS DELIVERING A FINANCIALLY SUSTAINABLE BROADBAND SERVICES MODEL TO 6 REGIONS AND OVER 20 POPULATION CENTERS IN RURAL HAITI. THIS EFFORT INCLUDES PARTNERING WITH LOCAL INTERNET SERVICE PROVIDERS, DEPLOYING A SHARED BROADBAND NETWORK THROUGHOUT HAITI, TRAINING LOCAL YOUTH TO DELIVER BROADBAND THOUGH A PROGRAM CALLED BATI, BUILDING A NETWORK OPERATIONS CENTER AND IMPLEMENTING A GOVERNANCE FRAMEWORK WITH THE LOCAL ISPS TO TRANSFER OWNERSHIP OF THE OPERATION LOCALLY. THROUGH THE CONNECTED SCHOOLS PROGRAM, INVENEO IS WORKING WITH MICROSOFT, HP, WORLD VISION AND VOILA (NOW DIGICEL) TO DELIVER 40 SOLAR-POWERED COMPUTER LABS IN RURAL SCHOOLS THAT WILL BE CONNECTED TO THE BROADBAND NETWORK.INTEL HAITI DIGITAL LITERACY PROGRAM: INVENEO DESIGNED AND IS LEADING THE INTEL HAITI DIGITAL LITERACY PROGRAM, WHICH IS LEVERAGING THE HAITI CONNECTED SCHOOLS PROGRAM BY DESIGNING AND IMPLEMENTING A PROGRAM THAT PROVIDES DIGITAL LITERACY FOR JOB SKILLS TO COMMUNITIES IN AND AROUND 20 OF THE SCHOOLS WHICH HAVE COMPUTERS LABS. INVENEO IS TRAINING 50 TEACHERS AND BATI TO GIVE CLASSES IN DIGITAL LITERACY AND IS ALSO WORKING WITH THE SCHOOLS TO TURN THESE PROGRAMS INTO INCOME EARNING OPPORTUNITIES FOR THE SCHOOL TO ENABLE LONG TERM SUSTAINABILITY FOR THE COST OF MAINTAINING THE LABS AND INTERNET ACCESS. THE GOAL IS TO HAVE 1000 COMMUNITY MEMBERS TRAINED BY 2013. 1410928 1524362 DIRECT SERVICES - INVENEO PROVIDES EXPERT GUIDANCE, SYSTEMS INTEGRATION AND PROJECT MANAGEMENT FOR IMPLEMENTING SUSTAINABLE ICT PROJECTS FOR NON-GOVERNMENTAL AND GOVERNMENT ORGANIZATIONS FOR PROJECT IN DEVELOPING COUNTRIES, TO THAT THESE ORGANIZATIONS CAN USE ICT MORE EFFECTIVELY TO DELIVER EDUCATION, HEALTHCARE, ECONOMIC DEVELOPMENT AND RELIEF PROGRAMS. WE EMPLOY A SOLUTIONS BASED APPROACH, FOCUSING ON UNDERSTANDING THE GOALS OF THE ORGANIZATION AND END USERS SO WE CAN DESIGN COMPUTING, NETWORKING AND INTERNET ACCESS SOLUTIONS TO HELP ACHIEVE THEIR GOALS. WE ASSESS CURRENT ENVIRONMENT, FACILITIES, POWER, CONNECTIVITY, KNOW-HOW AND SECURITY. WE IDENTIFY APPROACHES THAT ADDRESS THE CHALLENGES SUCH AS UNRELIABLE POWER, TIGHT OPERATING BUDGETS AND LACK OF SUPPORT RESOURCES AND MAKE RECOMMENDATIONS THAT INCLUDE HARDWARE, SOFTWARE AND POWER SYSTEMS, DESIGN AND INTEGRATION, SYSTEM IMPLEMENTATION, TRAINING AND LOCAL SUPPORT WITH OUR PARTNERS. IN ALL OF OUR PROJECTS WE ENDEAVOR TO WORK WITH OUR LOCAL PARTNERS LOOSELY TO ENSURE SUSTAINABLE DESIGN.HIGHLIGHTS OF PROJECTS WE ARE CURRENTLY IMPLEMENTING INCLUDE:- TANZANIA FOR THE 21ST CENTURY - A PROJECT LED BY CREATIVE ASSOCIATES AND FUNDED BY USAID TO IMPROVE EARLY GRADE READING SKILLS, WHERE INVENEO AND ITS PARTNER WILL DESIGN AND IMPLEMENT SOLAR-POWERED COMPUTER LABS AND OTHER TECHNICAL SOLUTIONS TO 900+ PRIMARY SCHOOLS IN THE POOREST PERFORMING DISTRICTS IN TANZANIA.- INTERNET NOW! - A PROJECT TO DESIGN, DELIVER AND CONNECT 100 COMMUNITY CENTERS TO PROVIDE AGRICULTURAL INFORMATION AND DIGITAL MICROWORK OPPORTUNITIES, WHERE INVENEO AND OUR LOCAL PARTNER WILL IMPLEMENT THE COMPUTER LABS AND BROADBAND NETWORK FOR CONNECTIVITY. 483464 483464 INVENEO ENTERED INTO A FISCAL SPONSORSHIP GRANT AGREEMENT WITH A NON-AFFILIATED ENTITY TO MANAGE A PROJECT REFERRED TO AS "WE CARE SOLAR" (WOMEN'S EMERGENCY COMMUNICATION AND RELIABLE ELECTRICITY. THIS PROJECT FURTHERS INVENEO'S MISSION TO BRING TOOLS OF INFORMATION AND COMMUNICATIONS TECHNOLOGY TO PEOPLE AND ORGANIZATIONS WHO NEED IT MOST IN RURAL AND HIGHLY UNDERSERVED AREAS IN THE DEVELOPING WORLD. THIS AGREEMENT ENDED IN 2013. 483464 483464 3503065 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 12 0 24 1 0 1 HA 0 0 0 0 0 0 0 0 X 7 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MARK SUMMER 4159011969 972 MISSION STREET 5TH FLOOR SAN FRANCISCO CA 94103 L WILTON AGASTEIN 1.00 X 0 0 0 JIM FORSTER 1.00 X 0 0 0 DOMINIC ORR 1.00 X 0 0 0 ROBERT MARSH 40.00 X X 74618 0 4477 KRISTIN PETERSON 40.00 X X 121586 0 7295 MARK SUMMER 40.00 X X 121748 0 7305 REGINA CONNELL 1.00 X 0 0 0 317952 0 19077 2 0 0 0 0 902705 94813 902705 CONSULTING 541519 1303964 1303964 MISC. FEE INCOME 541519 83420 83420 1387384 106 106 87029 0 87029 87029 87029 6500 9545 -3045 -3045 -3045 637529 500551 136978 136978 2511157 1524362 0 84090 X 483464 483464 337029 268957 47123 20949 1073324 856537 150072 66715 64370 51369 9000 4001 110873 88479 15502 6892 49723 46273 3409 41 764022 711014 52382 626 111062 81196 3866 26000 145365 131209 6365 7791 305093 270790 19372 14931 23236 20458 2058 720 PARTS AND HARDWARE 186060 186060 OFFICE AND FREIGHT 164682 141413 20231 3038 DONATED MATERIALS 94813 94813 PROGRAM EXPENSE 68070 64683 3387 7957 6350 1113 494 3989143 3503065 333880 152198 2232173 1195458 409500 194571 354904 151927 112484 47838 28690 78536 50991 52203 27545 228545 417 3316757 1719498 202841 86528 160471 183955 20524 386796 267523 X -386379 -134294 3316340 1586269 2929961 1451975 3316757 1719498 -1477986 0 X X 0 1 X 1 1 1 X 502642 987952 2575762 3838821 902705 8807882 877789 975151 1162299 1669315 2024913 6709467 1380431 1963103 3738061 5508136 2927618 15517349 500000 835000 1335000 0 500000 835000 1335000 14182349 5119 5119 5119 5119 2520 10874 52004 57916 170449 293763 1388070 1973977 3790065 5566052 3098067 15816231 0.89670 0.83710 0.00030 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 227991 280918 508909 0 0 12981 12796 185 45555 20973 24582 20000 17222 2778 27545 CUSTOMER DEPOSITS 8065 SUB-TENANT LEASE DEPOSITS 12459 20524 X 3011708 500551 500551 2511157 0 2511157 4489694 500551 500551 3989143 0 3989143 PART IV, LINE 1B: IN APRIL 2010, THE ORGANIZATION ENTERED INTO A FISCAL SPONSORSHIP GRANT AGREEMENT WITH A NON-AFFILIATED ENTITY TO MANAGE A PROJECT REFERRED TO AS "WE CARE" (WOMEN'S EMERGENCY COMMUNICATION AND RELIABLE ELECTRICITY) SOLAR. THE ORGANIZATION BELIEVES THAT THE WE CARE SOLAR PROJECT FURTHERS ITS TAX-EXEMPT PURPOSE. WE CARE SOLAR HAS OBTAINED FINANCIAL SUPPORT IN THE FORM OF CONTRIBUTIONS AND GRANTS WHICH ARE RECEIVED AND RECOGNIZED AS INCOME BY INVENEO, INC., WHEN THEY ARE UNCONDITIONALLY COMMUNICATED. THE ORGANIZATION, AS THE FISCAL SPONSOR, RECORDS ALL REVENUE AND EXPENSES OF THE WE CARE SOLAR PROJECT AS A SEPARATE PROGRAM. THE PROGRAM IS CONTRACTUALLY MANAGED BY A NON-AFFILIATED THIRD PARTY UNDER THE AUSPICES OF THE ORGANIZATION. IN ACCORDANCE WITH THE FISCAL SPONSOR GRANT AGREEMENT, A SEGRAGATED BANK ACCOUNT HAS BEEN ESTABLISHED TO RECEIVE AND DISBURSE FUNDS FOR THIS PROGRAM. THE ORGANIZATION IS ENTITLED TO AN ADMINISTRATIVE FEE EQUIVALENT TO 5% OF ALL PROGRAM COSTS EXPENDED. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS FOR THE YEARS 2008 THROUGH 2011 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD CARIBBEAN 0 26 PROGRAM SERVICES DIRECT SERVICES 306249 SUB SAHARAN 0 10 PROGRAM SERVICES DIRECT SERVICES 3089 SUB SAHARAN 0 0 PROGRAM SERVICES ICIP PROGRAM 251946 0 36 0 0 0 36 561284 0 561284 0 0 0 0 0 0 1 WE CARE SOLAR PO BOX 5765 2705 WEBSTER STREET BERKELEY CA 94705 300627106 501(C)(3) 483464 FISCAL SPONSOR PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THIS IS A FISCAL SPONSOR ARRANGEMENT. INVENEO WAS AWARDED A LARGE GRANT IN THE NAME OF WE CARE SOLAR. INVENEO RECEIVES FINANICAL AND PROGRAM PROGRESS REPORTS TO MONITOR ACTIVITY AND PROGRAM SPENDING. IN ADDITION, INVENEO HAS AN ACCOUNTING CONSULTANT WHO ALSO PROVIDES FINANCIAL OVERSIGHT TO WE CARE SOLAR'S BOOKS OF ACCOUNT. X CLIMBING EQP. 1 10063 FAIR MARKET VALUE X WIFI ROUTERS 255 38250 FAIR MARKET VALUE X SMART PHONES 75 22500 FAIR MARKET VALUE X SOFTWARE 11 24000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 KRISTIN PETERSON, CEO, AND MARK SUMMER, CIO AND CFO, ARE DOMESTIC PARTNERS. FORM 990, PART VI, SECTION B, LINE 11 OUR CONSULTING ACCOUNTANT WORKS WITH MANAGEMENT AND THE BOARD TO PREPARE THE FORM 990. THE ORGANIZATION'S OUTSIDE AUDITING FIRM COMPILES ALL OF THE INFORMATION AND PROVIDES A COPY OF THE FINAL DRAFT TO INVENEO MANAGEMENT. THE DRAFT FORM 990 IS REVIEWED BY MANAGEMENT AND CIRCULATED TO ALL INVENEO BOARD MEMBERS PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C INVENEO EMPLOYEES HAVE A DUTY TO PROMPTLY DISCLOSE ANY TRANSACTION THEY BELIEVE MAY INVOLVE A CONFLICT OF INTEREST. WHEN ANY INVENEO EMPLOYEE BECOMES AWARE OF A CONFLICT OF INTEREST TRANSACTION (WHETHER BEFORE OR AFTER THE TRANSACTION TAKES PLACE), EACH EMPLOYEE IS EXPECTED TO DISCLOSE TO THE CHIEF EXECUTIVE OFFICER (CEO) ALL MATERIAL FACTS REGARDING THE NATURE OF THE CONFLICT OF INTEREST AND THE PARTIES INVOLVED. WHEN INFORMED OF THE DETAILS OF THE TRANSACTIONS, THE CEO DETERMINES IF A CONFLICT EXISTS, AND, IF SO, THE REMEDY TO ENSURE THE TRANSACTION IS REASONABLE. EMPLOYEES OR BOARD MEMBERS INVOLVED IN THE POTENTIAL CONFLICT OF INTEREST TRANSACTION ARE EXCLUDED FROM THE DECISION-MAKING PROCESS. AT ANY MEETING OF THE BOARD OF DIRECTORS AT WHICH A TRANSACTION INVOLVING A BOARD MEMBER OR A PERSON AFFILIATED WITH A BOARD MEMBER WILL BE CONSIDERED, SAID DIRECTOR SHALL DISCLOSE TO THE OTHER MEMBERS OF THE BOARD ALL MATERIAL FACTS REGARDING THE NATURE OF THE TRANSACTION OR THE DIRECTOR'S AFFILIATION WITH ANY PERSON OR ENTITY WITH WHOM THE BOARD IS CONSIDERING ENTERING INTO ANY TRANSACTION. AFTER A CONFLICT OT INTEREST DISCLOSURE IS MADE BY A DIRECTOR AT A BOARD MEETING, SAID DIRECTOR SHALL LEAVE THE MEETING WHILE THE IMPLICATIONS OF THE AFFILIATION ARE CONSIDERED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE INVENEO BOARD OF DIRECTORS, EXCLUDING ANY PERSON WITH A CONFLICT OF INTEREST, IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF INVENEO'S CEO AND CHIEF INNOVATION AND FINANCIAL OFFICER (CIO/CFO). IN MAKING ITS DETERMINATION, THE BOARD CONSIDERS COMPENSATION INFORMATION OF COMPARABLE ORGANIZATIONS IN TERMS OF SIZE OF REVENUES AND SCOPE OF RESPONSIBILITIES, TO ENSURE COMPENSATION IS REASONABLE. DOCUMENTS AND OTHER INFORMATION THAT SUPPORTED THE DECISION-MAKING PROCESS ARE KEPT WITH NOTES OF THE COMPENSATION MEETING. COMPENSATION OF INVENEO'S OTHER KEY EMPLOYEES IS SET BY THE CEO, IN CONSULTATION WITH THE CIO/CFO, AND THE INVENEO BOARD OF DIRECTORS. THE CEO CONSIDERS COMPENSATION INFORMATION OF COMPARABLE ORGANIZATIONS TO ENSURE REASONABLENESS. THIS INFORMATION IS SHARED WITH THE CIO/CFO AND BOARD OF DIRECTORS AND IS KEPT WITH THE NOTES OF THE MEETING(S). FORM 990, PART VI, SECTION C, LINE 19 INVENEO PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. IN ADDITION, INVENEO POSTS ITS RECENT FORM 990 INFORMATION RETURNS ON ITS WEBSITE AT WWW.INVENEO.ORG. OTHER FEES FORM 990, PART IX, LINE 11G TECHNICAL CONSULTING AND OTHER FEES: PROGRAM SERVICE EXPENSES 711,014. MANAGEMENT AND GENERAL EXPENSES 52,382. FUNDRAISING EXPENSES 626. TOTAL EXPENSES 764,022. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS OVERSEE THE AUDIT PROCESS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.