Civic Intelligence

Formar Foundation Inc

EIN 20-5596621 • 501(c)3 • Washington, DC

Profile

Formar foundation is a non-profit organization with ties in both latin america and the united states that is dedicated to addressing the education and training issues at the early childhood, primary, and secondary schooling levels (pre-k through 12). Formar foundation unites a team of public policy officials, education professionals, volunteers and technical officials with experience in the analysis of educational needs and in the implementation of projects in the local, provincial, national, and regional levels.

888 17th Street NW No 800Washington, DC 20006-3308

formarfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

32nd percentile

-20%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$57,568

Down $14,568 (-20%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$57,568

Down $14,568 (-20%) from 2016

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $5,150 (-100%) from 2016

Expenses

Down

$14,568

Down $40,996 (-74%) from 2016

Net Income

Up

-$14,568

Up $35,846 (+71%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $4,087Liabilities 2011: $02011Assets 2012: $8,326Liabilities 2012: $0Net Assets 2012: $8,3262012Assets 2013: $51,727Liabilities 2013: $0Net Assets 2013: $51,7272013Assets 2014: $10,741Liabilities 2014: $0Net Assets 2014: $10,7412014Assets 2015: $122,550Liabilities 2015: $0Net Assets 2015: $122,5502015Assets 2016: $72,136Liabilities 2016: $0Net Assets 2016: $72,1362016Assets 2017: $57,568Liabilities 2017: $0Net Assets 2017: $57,5682017

Highlighted filing

2017

Assets$57,568
Liabilities$0
Net Assets$57,568
Open 2017 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2011: $31,033Expenses 2011: $26,946Net Income 2011: $4,0872011Revenue 2012: $34,709Expenses 2012: $30,470Net Income 2012: $4,2392012Revenue 2013: $63,062Expenses 2013: $19,661Net Income 2013: $43,4012013Revenue 2014: $20Expenses 2014: $41,006Net Income 2014: -$40,9862014Revenue 2015: $161,724Expenses 2015: $49,915Net Income 2015: $111,8092015Revenue 2016: $5,150Expenses 2016: $55,564Net Income 2016: -$50,4142016Revenue 2017: $0Expenses 2017: $14,568Net Income 2017: -$14,5682017

Highlighted filing

2017

Revenue$0
Expenses$14,568
Net Income-$14,568
Open 2017 Filing

Filings

Most recent year

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

Open filing
Assets
$57,568
Liabilities
$0
Net assets
$57,568
Revenue
$0
Expenses
$14,568
Net income
-$14,568
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.00$0.15$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.05$0.56$0.50
2015Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$1.62$0.50$1.12
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.00$0.41$0.41
2013Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.63$0.20$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.35$0.30$0.04
2011Summary only. Only limited summary data is available for this year.$0.04$0.00$0.31$0.27$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 20, 2018
Return Version
2017v2.2
Gross Receipts
$0
Mission and Program Overview

Mission

Formar foundation is a non-profit organization with ties in both latin america and the united states that is dedicated to addressing the education and training issues at the early childhood, primary, and secondary schooling levels (pre-k through 12). Formar foundation unites a team of public policy officials, education professionals, volunteers and technical officials with experience in the analysis of educational needs and in the implementation of projects in the local, provincial, national, and regional levels.

Program Services

DescriptionGrantsExpenses
FORMARHUB ANNUAL CONFERENCE: LEADING EDUCATION CONFERENCE, MIAMI, BOGOTA AND LIMA.$0$14,560
ATTENDED EDUCATIONAL CONFERENCES IN LONDON$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ESTEBAN BULLRICHPresident/Director-$0--
DIEGO FERNANDEZSecretary/Director-$0--
GABRIEL ZINNYTreasurer/Director-$0--
Filing and Contact Details

Filer

Filer Name
Formar Foundation Inc
EIN
20-5596621
Phone
2026642773
Address
888 17TH STREET NW NO 800, WASHINGTON, DC 20006-3308

Signing Officer

Name
Gabriel Zinny
Title
Treasurer
Phone
2026642773
Signed
2018-06-20
Discuss with paid preparer
Yes

Preparer

Firm
Hlb Gravier Llp
Address
396 ALHAMBRA CIRCLE SUITE 900, CORAL GABLES, FL 33134-5095
Phone
3054463022
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: program expenses-travel. Amount: 2,542. Description: other program expenses. Amount: 12,017. Description: bank charges. Amount: 9. Total to form 990-ez, line 16: 14,568.”

Section 1.263(A)-3(N) Election

“Formar foundation inc. 888 17th street nw washington, dc 20006-3308 ein: 20-5596621 for the year ending december 31, 2017 formar foundation inc. Is electing to capitalize repair and maintenance costs under reg. Sec. 1.263(a)-3(n).”

Section 1.263(A)-1(F) De Minimis Safe Harbor Election

“Formar foundation inc. 888 17th street nw washington, dc 20006-3308 ein: 20-5596621 for the year ending december 31, 2017 formar foundation inc. Is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).”

Raw XML Appendix140 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GABRIEL ZINNY
IRS990EZ/BooksInCareOfDetail/PhoneNum02026642773
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0888 17TH STREET NW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020006
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt072136
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt057568
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-14568
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt072136
IRS990EZ/Form990TotalAssetsGrp/EOYAmt057568
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt072136
IRS990EZ/NetAssetsOrFundBalancesEOYAmt057568
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt072136
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt057568
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ESTEBAN BULLRICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DIEGO FERNANDEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GABRIEL ZINNY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER/DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt014568
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0FORMAR FOUNDATION IS A NON-PROFIT ORGANIZATION WITH TIES IN BOTH LATIN AMERICA AND THE UNITED STATES THAT IS DEDICATED TO ADDRESSING THE EDUCATION AND TRAINING ISSUES AT THE EARLY CHILDHOOD, PRIMARY, AND SECONDARY SCHOOLING LEVELS (PRE-K THROUGH 12). FORMAR FOUNDATION UNITES A TEAM OF PUBLIC POLICY OFFICIALS, EDUCATION PROFESSIONALS, VOLUNTEERS AND TECHNICAL OFFICIALS WITH EXPERIENCE IN THE ANALYSIS OF EDUCATIONAL NEEDS AND IN THE IMPLEMENTATION OF PROJECTS IN THE LOCAL, PROVINCIAL, NATIONAL, AND REGIONAL LEVELS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FORMARHUB ANNUAL CONFERENCE: LEADING EDUCATION CONFERENCE, MIAMI, BOGOTA AND LIMA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ATTENDED EDUCATIONAL CONFERENCES IN LONDON
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014560
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt014568
IRS990EZ/TotalProgramServiceExpensesAmt014560
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0FORMARFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0161724
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0173256
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0173256
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0161724
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06362
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0173256
IRS990ScheduleA/TotalSupportAmt0173256
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: PROGRAM EXPENSES-TRAVEL. AMOUNT: 2,542. DESCRIPTION: OTHER PROGRAM EXPENSES. AMOUNT: 12,017. DESCRIPTION: BANK CHARGES. AMOUNT: 9. TOTAL TO FORM 990-EZ, LINE 16: 14,568.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORMAR FOUNDATION INC. 888 17TH STREET NW WASHINGTON, DC 20006-3308 EIN: 20-5596621 FOR THE YEAR ENDING DECEMBER 31, 2017 FORMAR FOUNDATION INC. IS ELECTING TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORMAR FOUNDATION INC. 888 17TH STREET NW WASHINGTON, DC 20006-3308 EIN: 20-5596621 FOR THE YEAR ENDING DECEMBER 31, 2017 FORMAR FOUNDATION INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1SECTION 1.263(A)-3(N) ELECTION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GABRIEL ZINNY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02026642773
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORMAR FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FORM
ReturnHeader/Filer/EIN0205596621
ReturnHeader/Filer/PhoneNum02026642773
ReturnHeader/Filer/USAddress/AddressLine1Txt0888 17TH STREET NW NO 800
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd0200063308
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09EA856093F37FB6122F8C4E8FDCDB130C60C6103
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A9C24023049992D7EF216755DDACBCE6C6DB75CE
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt012.161.32.230
ReturnHeader/FilingSecurityInformation/IPDt02018-06-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:28:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204946415
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HLB GRAVIER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0396 ALHAMBRA CIRCLE SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORAL GABLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0331345095
ReturnHeader/PreparerPersonGrp/PhoneNum03054463022
ReturnHeader/ReturnTs02018-06-20T15:29:41-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.