Civic Intelligence

Ifred Inc

990EZ • Fiscal year 2022 • EIN 20-1427003

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 02, 2023

195 N Harbor Drive Unit 4805Chicago, IL 60601

(734) 355-6716

Siviq Scores

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

Liabilities / Assets

98th percentile

4.90x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

0.69x

Higher debt load relative to revenue than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

7th percentile

-76%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

23rd percentile

-19%

Faster asset growth than 23% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

74th percentile

52%

Faster revenue growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$15,505

Down $3,528 (-19%) from 2021

Net Assets

Down

-$60,530

Down $74,563 (-531%) from 2021

Liabilities

Up

$76,035

Up $71,035 (+1421%) from 2021

Revenue

Up

$110,706

Up $37,717 (+52%) from 2021

Expenses

Down

$195,240

Down $87,477 (-31%) from 2021

Net Income

Up

-$84,534

Up $125,194 (+60%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2011: $156,721Liabilities 2011: $188Net Assets 2011: $156,5332011Assets 2012: $216,113Liabilities 2012: $3,071Net Assets 2012: $213,0422012Assets 2013: $219,388Liabilities 2013: $2,501Net Assets 2013: $216,8872013Assets 2014: $82,242Liabilities 2014: $5,0102014Assets 2015: $7,019Net Assets 2015: $7,0192015Assets 2017: $0Net Assets 2017: $02017Assets 2020: $295,014Liabilities 2020: $5,000Net Assets 2020: $290,0142020Assets 2021: $19,033Liabilities 2021: $5,000Net Assets 2021: $14,0332021Assets 2022: $15,505Liabilities 2022: $76,035Net Assets 2022: -$60,5302022Assets 2023: $13,040Liabilities 2023: $89,035Net Assets 2023: -$75,9952023

Highlighted filing

2022

Assets$15,505
Liabilities$76,035
Net Assets-$60,530

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2011: $262,558Expenses 2011: $108,379Net Income 2011: $154,1792011Revenue 2012: $439,686Expenses 2012: $383,177Net Income 2012: $56,5092012Revenue 2013: $266,668Expenses 2013: $262,823Net Income 2013: $3,8452013Revenue 2014: $8,932Expenses 2014: $148,587Net Income 2014: -$139,6552014Revenue 2015: $25,061Expenses 2015: $95,274Net Income 2015: -$70,2132015Revenue 2020: $293,301Expenses 2020: $41,929Net Income 2020: $251,3722020Revenue 2021: $72,989Expenses 2021: $282,717Net Income 2021: -$209,7282021Revenue 2022: $110,706Expenses 2022: $195,240Net Income 2022: -$84,5342022Revenue 2023: $5,572Expenses 2023: $16,036Net Income 2023: -$10,4642023

Highlighted filing

2022

Revenue$110,706
Expenses$195,240
Net Income-$84,534
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 2, 2023
Return Version
2022v5.0
Gross Receipts
$111,916
Mission and Program Overview

Mission

Teh purpose of ifred is to shine a light on depression in order to end the stigma associated with the disease through prevention, education and research.

Ifred's mission is to shine a light on hope, a known protective factor for anxiety and depression, to end the stigma associated with the disease through prevention, education and research.

Program Services

DescriptionGrantsExpenses
IFRED LAUNCHED THE FIRST-EVER HOPEFUL CITIES CAMPAIGN, A PROGRAM AIMED AT TEACHING THE SCIENCE OF HOPE CITYWIDE. IFRED PROVIDED 11,000 CURRICULUM BOOKLETS TO THE WASHOE COUNTY SCHOOL DISTRICT AND BOYS AND GIRLS CLUB AND CONTINUED TO OFFER THE CURRICULUM FREE ONLINE. IT ALSO CREATED A 10-DAY GLOBAL HOPE CHALLENGE, AND 30-DAY GLOBAL HOPE CHALLENGE. WWW.HOPEFULCITIES.ORG.-$99,075
IFRED CONTINUED UPDATES OF ITS WEBSITE, IFRED.ORG. IFRED'S FOUNDER SPOKE AT SEVERAL ONLINE EVENTS, TEACHING THE SCIENCE OF HOPE AND ADVOCATING FOR MORE FUNDING AND RESOURCES FOR TREATMENT OF DEPRESSION AND REDUCTION OF THE STIGMA ATTACHED TO THE ILLNESS. IFRED'S FOUNDER ALSO SERVED ON SEVERAL GLOBAL ADVISORY BOARDS,AND OPERATE ITS 11,000-PLUS MEMBER ONLINE SUPPORT GROUP, ALONG WITH THE SOCIAL MEDIA NETWORKS EDUCATING ON THE IMPORTANCE OF BRAIN HEALTH.-$24,493
IFRED CONTINUED ITS HOPEFUL MINDS PROGRAM, BASED ON THE IDEA THAT HOPE IS A TEACHABLE SKILL. IFRED CONTINUES TO SUPPORT COMMUNITIES AROUND THE WORLD, WHERE OVER 2500 EDUCATORS AND 48 COUNTRIES HAVE DOWNLOADED THE PROGRAM AT WWW.HOPEFULMINDS.ORG.-$1,503
IFRED CONTINUES TO PRESENT AT CONFERENCES ON MENTAL HEALTH. KATHRYN GOETZKE, IFRED FOUNDER, IS NOW A REPRESENTATIVE AT THE UNITED NATIONS FOR THE WORLD FEDERATION FOR MENTAL HEALTH. SHE IS AN ACTIVE ADVOCATE WORKING TO ENSURE BRANDING AROUND MENTAL HEALTH FOCUSES ON LEADERSHIP ENGAGEMENT, CELEBRITY STORIES, THE BIOLOGY OF THE BRAIN AND BODY, POSITIVE IMAGERY, AND THE SUCCESS RATE OF TREATMENT. KATHRYN HOSTED AN EVENT ADVOCATING FOR AN INTERNATIONAL DAY OF HOPE, THE FIRST MONDAY IN MAY, AND IS WORKING TO ENSURE ALL CELEBRATE AROUND THE WORLD.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOM DEANChairman-$0--
KATHRYN GOETZKEPresident, TFT$0--
DR JOHN GROHOLDirector-$0--
JIM LINKDirector-$0--
MINDY MAGRANEDirector-$0--
SUSAN MINAMYERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Ifred
EIN
20-1427003
Phone
7343556716
Address
195 N HARBOR DRIVE UNIT 4805, CHICAGO, IL 60601

Signing Officer

Name
Kathryn Goetzke
Title
President, Treasurer
Phone
7343589335
Signed
2023-10-02
Discuss with paid preparer
Yes

Preparer

Firm
Zoller Swanson & Co
Address
137 N OAK PARK AVE STE 320, OAK PARK, IL 60301-1339
Preparer
Darlene Matthews
Phone
7088483296
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 2,709 consulting 120,000 webprint, dev. And design 882 marketing design 621 communication outreach 218 social media 20,509 office supplies etc 2,637 bank fees 612 paycor payroll services 345 paypal fees 31 office direct-expense other 500 telephone 515 email host 1,199 software 1,857 other expenses 400 hotel 299 airfare 1,888 meals 630 parking-tolls 15 other travel expenses 5,096 insurance 918 total 161,881

Form 990-ez, Part I, Line 20

Other increases 9,971 adjustments made for advocating for nonprofit

Form 990-ez, Part II, Line 24

Accounts receivable 0 6,000 -5,000 -5,000 other notes and loans 5,000 5,000 computer equipment 1,978 1,978 total 1,978 7,978

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 70,850 unsecured notes and loans payable 5,000 5,185 payroll taxes 0 0

Form 990-ez, Part III

Ifred's mission is to shine a light on hope, a known protective factor for anxiety and depression, to end the stigma associated with the disease through prevention, education and research.

Form 990-ez, Part III, Line 28

Ifred continued updates of its website, ifred.org. Ifred's founder spoke at several online events, teaching the science of hope and advocating for more funding and resources for treatment of depression and reduction of the stigma attached to the illness. Ifred's founder also served on several global advisory boards,and operate its 11,000-plus member online support group, along with the social media networks educating on the importance of brain health.

Form 990-ez, Part III, Line 29

Ifred continued its hopeful minds program, based on the idea that hope is a teachable skill. Ifred continues to support communities around the world, where over 2500 educators and 48 countries have downloaded the program at www.hopefulminds.org.

Form 990-ez, Part III, Line 30

Ifred continues to present at conferences on mental health. Kathryn goetzke, ifred founder, is now a representative at the united nations for the world federation for mental health. She is an active advocate working to ensure branding around mental health focuses on leadership engagement, celebrity stories, the biology of the brain and body, positive imagery, and the success rate of treatment. Kathryn hosted an event advocating for an international day of hope, the first monday in may, and is working to ensure all celebrate around the world.

Form 990-ez, Part III, Line 31

Ifred launched the first-ever hopeful cities campaign, a program aimed at teaching the science of hope citywide. Ifred provided 11,000 curriculum booklets to the washoe county school district and boys and girls club and continued to offer the curriculum free online. It also created a 10-day global hope challenge, and 30-day global hope challenge. Www.hopefulcities.org.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 2,709 CONSULTING 120,000 WEBPRINT, DEV. AND DESIGN 882 MARKETING DESIGN 621 COMMUNICATION OUTREACH 218 SOCIAL MEDIA 20,509 OFFICE SUPPLIES ETC 2,637 BANK FEES 612 PAYCOR PAYROLL SERVICES 345 PAYPAL FEES 31 OFFICE DIRECT-EXPENSE OTHER 500 TELEPHONE 515 EMAIL HOST 1,199 SOFTWARE 1,857 OTHER EXPENSES 400 HOTEL 299 AIRFARE 1,888 MEALS 630 PARKING-TOLLS 15 OTHER TRAVEL EXPENSES 5,096 INSURANCE 918 TOTAL 161,881
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER INCREASES 9,971 ADJUSTMENTS MADE FOR ADVOCATING FOR NONPROFIT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 0 6,000 -5,000 -5,000 OTHER NOTES AND LOANS 5,000 5,000 COMPUTER EQUIPMENT 1,978 1,978 TOTAL 1,978 7,978
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 70,850 UNSECURED NOTES AND LOANS PAYABLE 5,000 5,185 PAYROLL TAXES 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IFRED'S MISSION IS TO SHINE A LIGHT ON HOPE, A KNOWN PROTECTIVE FACTOR FOR ANXIETY AND DEPRESSION, TO END THE STIGMA ASSOCIATED WITH THE DISEASE THROUGH PREVENTION, EDUCATION AND RESEARCH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IFRED CONTINUED UPDATES OF ITS WEBSITE, IFRED.ORG. IFRED'S FOUNDER SPOKE AT SEVERAL ONLINE EVENTS, TEACHING THE SCIENCE OF HOPE AND ADVOCATING FOR MORE FUNDING AND RESOURCES FOR TREATMENT OF DEPRESSION AND REDUCTION OF THE STIGMA ATTACHED TO THE ILLNESS. IFRED'S FOUNDER ALSO SERVED ON SEVERAL GLOBAL ADVISORY BOARDS,AND OPERATE ITS 11,000-PLUS MEMBER ONLINE SUPPORT GROUP, ALONG WITH THE SOCIAL MEDIA NETWORKS EDUCATING ON THE IMPORTANCE OF BRAIN HEALTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IFRED CONTINUED ITS HOPEFUL MINDS PROGRAM, BASED ON THE IDEA THAT HOPE IS A TEACHABLE SKILL. IFRED CONTINUES TO SUPPORT COMMUNITIES AROUND THE WORLD, WHERE OVER 2500 EDUCATORS AND 48 COUNTRIES HAVE DOWNLOADED THE PROGRAM AT WWW.HOPEFULMINDS.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7IFRED CONTINUES TO PRESENT AT CONFERENCES ON MENTAL HEALTH. KATHRYN GOETZKE, IFRED FOUNDER, IS NOW A REPRESENTATIVE AT THE UNITED NATIONS FOR THE WORLD FEDERATION FOR MENTAL HEALTH. SHE IS AN ACTIVE ADVOCATE WORKING TO ENSURE BRANDING AROUND MENTAL HEALTH FOCUSES ON LEADERSHIP ENGAGEMENT, CELEBRITY STORIES, THE BIOLOGY OF THE BRAIN AND BODY, POSITIVE IMAGERY, AND THE SUCCESS RATE OF TREATMENT. KATHRYN HOSTED AN EVENT ADVOCATING FOR AN INTERNATIONAL DAY OF HOPE, THE FIRST MONDAY IN MAY, AND IS WORKING TO ENSURE ALL CELEBRATE AROUND THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8IFRED LAUNCHED THE FIRST-EVER HOPEFUL CITIES CAMPAIGN, A PROGRAM AIMED AT TEACHING THE SCIENCE OF HOPE CITYWIDE. IFRED PROVIDED 11,000 CURRICULUM BOOKLETS TO THE WASHOE COUNTY SCHOOL DISTRICT AND BOYS AND GIRLS CLUB AND CONTINUED TO OFFER THE CURRICULUM FREE ONLINE. IT ALSO CREATED A 10-DAY GLOBAL HOPE CHALLENGE, AND 30-DAY GLOBAL HOPE CHALLENGE. WWW.HOPEFULCITIES.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART III, LINE 31
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ReturnHeader/ReturnTs02023-10-03T15:18:52-04:00
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