Civic Intelligence

The Fragrance Foundation Inc

990 • Fiscal year 2017 • EIN 13-6162393

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 20, 2018

Organization ProfileWWW.FRAGRANCE.ORG

View Organization Page

57 West 57th Street 4th FloorNew York, NY 10019

(212) 725-2755

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.72x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.53x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

39th percentile

1.2%

Higher net margin than 39% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

98th percentile

$501,545

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

55th percentile

5.1%

Faster revenue growth than 55% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$3,171,231

Up $465,162 (+17%) from 2016

Net Assets

Up

$902,569

Up $151,421 (+20%) from 2016

Liabilities

Up

$2,268,662

Up $313,741 (+16%) from 2016

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin39th percentile

Revenue

Up

$4,284,082

Up $207,787 (+5.1%) from 2016

Expenses

Up

$4,232,282

Up $385,417 (+10%) from 2016

Net Income

Down

$51,800

Down $177,630 (-77%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $981,443Liabilities 2010: $1,124,926Net Assets 2010: -$143,4832010Assets 2011: $1,159,767Liabilities 2011: $1,396,440Net Assets 2011: -$236,6732011Assets 2012: $1,399,075Liabilities 2012: $1,170,672Net Assets 2012: $228,4032012Assets 2013: $1,384,348Liabilities 2013: $1,005,406Net Assets 2013: $378,9422013Assets 2014: $2,217,976Liabilities 2014: $1,867,045Net Assets 2014: $350,9312014Assets 2015: $2,679,770Liabilities 2015: $2,074,618Net Assets 2015: $605,1522015Assets 2016: $2,706,069Liabilities 2016: $1,954,921Net Assets 2016: $751,1482016Assets 2017: $3,171,231Liabilities 2017: $2,268,662Net Assets 2017: $902,5692017Assets 2018: $3,723,158Liabilities 2018: $2,379,693Net Assets 2018: $1,343,4652018Assets 2019: $4,086,098Liabilities 2019: $2,064,072Net Assets 2019: $2,022,0262019Assets 2020: $3,951,528Liabilities 2020: $1,811,116Net Assets 2020: $2,140,4122020Assets 2021: $4,383,743Liabilities 2021: $1,953,348Net Assets 2021: $2,430,3952021Assets 2022: $4,462,510Liabilities 2022: $1,994,603Net Assets 2022: $2,467,9072022Assets 2023: $4,545,376Liabilities 2023: $2,164,962Net Assets 2023: $2,380,4142023

Highlighted filing

2017

Assets$3,171,231
Liabilities$2,268,662
Net Assets$902,569
Open 2017 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,300,0212010Expenses 2011: $3,404,9612011Expenses 2012: $3,103,7052012Revenue 2013: $3,692,045Expenses 2013: $3,592,950Net Income 2013: $99,0952013Revenue 2014: $3,847,222Expenses 2014: $4,070,776Net Income 2014: -$223,5542014Revenue 2015: $4,202,912Expenses 2015: $3,722,258Net Income 2015: $480,6542015Revenue 2016: $4,076,295Expenses 2016: $3,846,865Net Income 2016: $229,4302016Revenue 2017: $4,284,082Expenses 2017: $4,232,282Net Income 2017: $51,8002017Revenue 2018: $4,356,527Expenses 2018: $3,816,943Net Income 2018: $539,5842018Revenue 2019: $4,204,077Expenses 2019: $3,752,454Net Income 2019: $451,6232019Revenue 2020: $2,051,882Expenses 2020: $2,040,161Net Income 2020: $11,7212020Revenue 2021: $2,574,957Expenses 2021: $2,375,918Net Income 2021: $199,0392021Revenue 2022: $3,980,371Expenses 2022: $3,841,386Net Income 2022: $138,9852022Revenue 2023: $4,188,898Expenses 2023: $4,316,851Net Income 2023: -$127,9532023

Highlighted filing

2017

Revenue$4,284,082
Expenses$4,232,282
Net Income$51,800
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 20, 2018
Return Version
2017v2.2
Gross Receipts
$4,284,082
Mission and Program Overview

Mission

To encourage the increase use and enjoyment of fragrance products. To disseminate information on the manufacture, application and care of such products. To obtain and distribute educational materials relating to such products.

To encourage the increased use and enjoyment of fragrance products. To disseminate information on the manufacture, application and care of such products. To obtain and distribute educational materials relating to such products.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,224,794$1,572,048▲ $347,254
Cash and Non-Interest-Bearing Accounts$884,388$1,141,574▲ $257,186
Investments in Publicly Traded Securities$306,481$335,644▲ $29,163
Prepaid Expenses and Deferred Charges$175,974$33,162▼ $142,812
Intangible Assets$47,499$22,501▼ $24,998
Land, Buildings, and Equipment, Net$18,161$15,086▼ $3,075
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Inventories for Sale or Use-$0-
Total Assets$2,706,069$3,171,231▲ $465,162
Other Assets Total$48,772$51,216▲ $2,444
Liabilities
Deferred Revenue$1,281,275$1,714,000▲ $432,725
Other Liabilities$622,242$554,662▼ $67,580
Accounts Payable and Accrued Expenses$51,404--
Total Liabilities$1,954,921$2,268,662▲ $313,741
Net Assets / Fund Balance
Unrestricted Net Assets$751,148$902,569▲ $151,421
Total Net Assets Fund Balance$751,148$902,569▲ $151,421
Total Liabilities and Net Assets / Fund Balance$2,706,069$3,171,231▲ $465,162

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,139$135,362$144,501
Other Land Buildings$5,947$6,579$12,526
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth MusmannoPresidentFT$322,545$179,000$501,545
Linda G LevyPresidentFT$108,333-$108,333

Board Members and Trustees

NameTitle
Bd of Drectors-see AttachedDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Buero New YorkBrand Image Design401 BROADWAY STE 900, New York, NY 10013$239,088
World Talent Agency LLCTalent Agency10040 REEVESBURY DRIVE, Beverly Hills, CA 90210$102,500
Hand Baldachin & Amburgey LLPLegal8 WEST 40TH STREET, New York, NY 10018$44,815
Serendipitee Nyc LLCFragrance Training6 THE RISE, Woodbury, NY 11797$41,367
Gala Productions LLCEvent Planning1173A 2ND AVENUE STE 212, New York, NY 10065$29,959
Revenue and Support

Revenue Composition

Contributions and Grants
$1,122,200
Program Service Revenue
$3,149,961
Investment Income
$11,921
Other Revenue
$0
Change in Net Assets
$51,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,016,569
Salaries, Compensation, and Employee Benefits$1,215,713
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$859,005$151,589-$1,010,594
Occupancy$254,319$63,580-$317,899
Fees for Services Other$261,925$46,222-$308,147
Pension Plan Contributions-$136,000-$136,000
All Other Expenses$85,970$33,042-$119,012
Insurance$64,200$11,330-$75,530
Other Expenses$73,710--$73,710
Payroll Taxes$58,751$10,368-$69,119
Fees for Services Accounting$45,362$8,005-$53,367
Fees for Services Legal$41,451$7,315-$48,766
Travel$34,515$8,629-$43,144
Office Expenses$34,038$8,510-$42,548
Depreciation Depletion$27,006$4,766-$31,772
Total Functional Expenses$3,742,926$489,356$0$4,232,282
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-PresidentP/r and ConsultingNo$84,426

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Minimum Pension Liability$531,610
Security Deposit Payable$20,000
Credit Card Payable$2,972
401k Payable$80
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The president will review the form 990 with the tax preparer prior to the filing of the return and a copy will be made available to all board members for thier review prior to filing the return.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All officers and directors are required to sign a conflict of interest statement on an annual basis.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The executive committee reviews and determines the compensation of the president, which is documented in an employment contract. The president sets the compensation for all other company employees with the consent of the executive committee.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Individuals can contact the fragrance foundation directly or through the website and request to review the organizations documents.”

Filing and Contact Details

Filer

Filer Name
Fragrance Foundation Inc
EIN
13-6162393
Phone
2127252755
Address
57 WEST 57TH STREET 4TH FLOOR, NEW YORK, NY 10019

Signing Officer

Name
Linda G Levy
Title
President
Signed
2018-06-20
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
31
Independent Board Members
31
Employees
9

Preparer

Firm
Chizner & Company Certified Public Accountants LLC
Address
98 Cuttermill Rd 299N, Great Neck, NY 11021
Preparer
Mitchell Chizner
Phone
2129673950
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

“Other program services 4: other events, including foundation talks and special events”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Change in pension liability = $82206”

Raw XML AppendixShowing 400 of 435 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt017415
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt063580
IRS990/OccupancyGrp/ProgramServicesAmt0254319
IRS990/OccupancyGrp/TotalAmt0317899
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08510
IRS990/OfficeExpensesGrp/ProgramServicesAmt034038
IRS990/OfficeExpensesGrp/TotalAmt042548
IRS990/OfficerMailingAddressInd0true
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt048772
IRS990/OtherAssetsTotalGrp/EOYAmt051216
IRS990/OtherChangesInNetAssetsAmt082206
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0AWARDS CEREMONY
IRS990/OtherExpensesGrp/Desc1SPECIAL EVENT
IRS990/OtherExpensesGrp/Desc2EDUCATION-RELATED COSTS
IRS990/OtherExpensesGrp/Desc3CIRCLE OF CHAMPIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt01563333
IRS990/OtherExpensesGrp/ProgramServicesAmt1264248
IRS990/OtherExpensesGrp/ProgramServicesAmt275093
IRS990/OtherExpensesGrp/ProgramServicesAmt373710
IRS990/OtherExpensesGrp/TotalAmt01563333
IRS990/OtherExpensesGrp/TotalAmt1264248
IRS990/OtherExpensesGrp/TotalAmt275093
IRS990/OtherExpensesGrp/TotalAmt373710
IRS990/OtherLiabilitiesGrp/BOYAmt0622242
IRS990/OtherLiabilitiesGrp/EOYAmt0554662
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010368
IRS990/PayrollTaxesGrp/ProgramServicesAmt058751
IRS990/PayrollTaxesGrp/TotalAmt069119
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0136000
IRS990/PensionPlanContributionsGrp/TotalAmt0136000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0175974
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033162
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0AWARDS
IRS990/ProgramServiceRevenueGrp/Desc1CERTIFICATION & EDUCATION
IRS990/ProgramServiceRevenueGrp/Desc2CIRCLE OF CHAMPIONS
IRS990/ProgramServiceRevenueGrp/Desc3SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02248643
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1226423
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2203100
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3471795
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02248643
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1226423
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2203100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3471795
IRS990/ProgSrvcAccomActy2Grp/Desc0OTHER EVENTS, INCLUDING FOUNDATION TALKS AND SPECIAL EVENTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0156527
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0471795
IRS990/ProgSrvcAccomActy3Grp/Desc0CERTIFICATION PROGRAM - PROVIDES MEMBERS OF THE FRAGRANCE INDUSTRY A WAY OF INCREASING FRAGRANCE EXPERTISE AND UNDERSTANDING. THE PROGRAM TESTS AND CERTIFIES FRAGRANCE SALES SPECIALISTS BASED UPON A PREDETERMINED BODY OF KNOWLEDGE COVERED IN THE COURSE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt075093
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0226423
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01099010
IRS990/PYInvestmentIncomeAmt011754
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03300242
IRS990/PYProgramServiceRevenueAmt02965531
IRS990/PYRevenuesLessExpensesAmt0229430
IRS990/PYSalariesCompEmpBnftPaidAmt0546623
IRS990/PYTotalExpensesAmt03846865
IRS990/PYTotalRevenueAmt04076295
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt051800
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02248643
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt01122200
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt09139
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0135362
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0144501
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05947
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06579
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt080
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12972
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2531610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt320000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0401K PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MINIMUM PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SECURITY DEPOSIT PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015086
IRS990ScheduleD/TotalLiabilityAmt0554662
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0322545
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount071500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt036000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt071500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ELIZABETH MUSMANNO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0501545
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0THE MUSMANNO GROUP
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt084426
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0P/R AND CONSULTING
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE FRAGRANCE FOUNDATION ENGAGED THE SERVICES OF THE MUSMANNO GROUP AS ADVISOR AND CONSULTANT TO MANAGEMENT WITH REGARD TO MARKETING, PUBLIC RELATIONS AND CONSULTING CONCERNS TO PROMOTE, AND MORE GENERALLY, TO ENHANCE THE BRAND NAME AND BRAND IMAGE.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: OTHER EVENTS, INCLUDING FOUNDATION TALKS AND SPECIAL EVENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT WILL REVIEW THE FORM 990 WITH THE TAX PREPARER PRIOR TO THE FILING OF THE RETURN AND A COPY WILL BE MADE AVAILABLE TO ALL BOARD MEMBERS FOR THIER REVIEW PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE REVIEWS AND DETERMINES THE COMPENSATION OF THE PRESIDENT, WHICH IS DOCUMENTED IN AN EMPLOYMENT CONTRACT. THE PRESIDENT SETS THE COMPENSATION FOR ALL OTHER COMPANY EMPLOYEES WITH THE CONSENT OF THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INDIVIDUALS CAN CONTACT THE FRAGRANCE FOUNDATION DIRECTLY OR THROUGH THE WEBSITE AND REQUEST TO REVIEW THE ORGANIZATIONS DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN PENSION LIABILITY = $82206
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02706069
IRS990/TotalAssetsEOYAmt03171231
IRS990/TotalAssetsGrp/BOYAmt02706069
IRS990/TotalAssetsGrp/EOYAmt03171231
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt01122200
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0489356
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03742926
IRS990/TotalFunctionalExpensesGrp/TotalAmt04232282
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01954921
IRS990/TotalLiabilitiesEOYAmt02268662
IRS990/TotalLiabilitiesGrp/BOYAmt01954921
IRS990/TotalLiabilitiesGrp/EOYAmt02268662
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0751148
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0902569
IRS990/TotalOtherCompensationAmt036000
IRS990/TotalOtherProgSrvcExpenseAmt073710
IRS990/TotalOtherProgSrvcRevenueAmt0203100
IRS990/TotalProgramServiceExpensesAmt01868663
IRS990/TotalProgramServiceRevenueAmt03149961
IRS990/TotalReportableCompFromOrgAmt0573878
IRS990/TotalRevenueGrp/ExclusionAmt011921
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03149961
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04284082
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02706069
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03171231
IRS990/TravelGrp/ManagementAndGeneralAmt08629
IRS990/TravelGrp/ProgramServicesAmt034515
IRS990/TravelGrp/TotalAmt043144

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,171,231
Liabilities
$2,268,662
Net assets
$902,569
Revenue
$4,284,082
Expenses
$4,232,282
Net income
$51,800
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.55$2.16$2.38$4.19$4.32$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$1.99$2.47$3.98$3.84$0.14
2021Summary only. Only limited summary data is available for this year.$4.38$1.95$2.43$2.57$2.38$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$1.81$2.14$2.05$2.04$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.09$2.06$2.02$4.20$3.75$0.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.72$2.38$1.34$4.36$3.82$0.54
2017Detailed filing. Detailed filing data is available for this year.$3.17$2.27$0.90$4.28$4.23$0.05
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$1.95$0.75$4.08$3.85$0.23
2015Detailed filing. Detailed filing data is available for this year.$2.68$2.07$0.61$4.20$3.72$0.48
2014Summary only. Only limited summary data is available for this year.$2.22$1.87$0.35$3.85$4.07$0.22
2013Detailed filing. Detailed filing data is available for this year.$1.38$1.01$0.38$3.69$3.59$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$1.17$0.23$3.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$1.40$0.24$3.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$1.12$0.14$3.30