Civic Intelligence

False Memory Syndrome Foundation

990EZ • Fiscal year 2019 • EIN 23-2679859

Mar 01, 2018 to Feb 28, 2019 • Filed on Jun 06, 2019

1900 Rittenhouse Square Apt 2APhiladelphia, PA 19103

(215) 940-1040

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-6.0%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

91st percentile

$47,660

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 82.2% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

36th percentile

-4.6%

Faster asset growth than 36% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

90%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$61,513

Down $2,989 (-4.6%) from 2018

Net Assets

Down

$61,013

Down $3,489 (-5.4%) from 2018

Liabilities

Up

$500

Up $500 from 2018

Revenue

Up

$57,976

Up $27,479 (+90%) from 2018

Expenses

Down

$61,465

Down $3,649 (-5.6%) from 2018

Net Income

Up

-$3,489

Up $31,128 (+90%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2012: $81,809Liabilities 2012: $1,000Net Assets 2012: $80,8092012Assets 2013: $73,617Liabilities 2013: $1,375Net Assets 2013: $72,2422013Assets 2014: $85,347Liabilities 2014: $4,920Net Assets 2014: $80,4272014Assets 2015: $91,721Liabilities 2015: $0Net Assets 2015: $91,7212015Assets 2016: $101,121Liabilities 2016: $0Net Assets 2016: $101,1212016Assets 2017: $99,119Liabilities 2017: $0Net Assets 2017: $99,1192017Assets 2018: $64,502Liabilities 2018: $0Net Assets 2018: $64,5022018Assets 2019: $61,513Liabilities 2019: $500Net Assets 2019: $61,0132019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$61,513
Liabilities$500
Net Assets$61,013

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $75,007Expenses 2012: $151,025Net Income 2012: -$76,0182012Revenue 2013: $86,540Expenses 2013: $95,107Net Income 2013: -$8,5672013Revenue 2014: $81,963Expenses 2014: $73,778Net Income 2014: $8,1852014Revenue 2015: $79,073Expenses 2015: $67,779Net Income 2015: $11,2942015Revenue 2016: $75,593Expenses 2016: $66,193Net Income 2016: $9,4002016Revenue 2017: $62,804Expenses 2017: $64,806Net Income 2017: -$2,0022017Revenue 2018: $30,497Expenses 2018: $65,114Net Income 2018: -$34,6172018Revenue 2019: $57,976Expenses 2019: $61,465Net Income 2019: -$3,4892019Revenue 2020: $27,214Expenses 2020: $88,227Net Income 2020: -$61,0132020

Highlighted filing

2019

Revenue$57,976
Expenses$61,465
Net Income-$3,489
Jump To
Filing Snapshot
Filing Period
Mar 1, 2018 to Feb 28, 2019
Signed
Jun 6, 2019
Return Version
2018v3.1
Gross Receipts
$57,976
Mission and Program Overview

Mission

The purpose of the false memory syndrome foundation is to seek the reasons for the spread of false memory syndrome, to work for the prevention of new cases of false memory syndrome, and to aid the victims, both primary and secondary, of false memory syndrome throughout the united states and abroad.

Program Services

DescriptionGrantsExpenses
VARIOUS FORMS OF COMMUNICATIONS WITH FAMILIES, PROFESSIONALS, THE MEDIA AND THE PUBLIC TO DISSEMINATE INFORMATION ABOUT FALSE MEMORY SYNDROME; PLANNING, IMPLEMENTING AND REPORTING RESULTS OF SCIENTIFIC RESEARCH PROJECTS RELEVANT TO MISSION.$0$56,718
ORGANIZATION HOLDS SEMINARS AND CONFERENCES TO DISSEMINATE INFORMATION ABOUT FALSE MEMORY SYNDROME.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANET FETKEWICZDirectorPT$47,660-$47,660
CHARLES CAVINESSDirector-$0--
PAMELA FREYD PHDExecutive DirectorPT$0--
ROBERT KOSCIELNYDirector-$0--
PAULA TYROLER PHDDirector-$0--
Filing and Contact Details

Filer

Filer Name
False Memory Syndrome Foundation
EIN
23-2679859
Phone
2159401040
Address
1900 RITTENHOUSE SQUARE APT 2A, PHILADELPHIA, PA 19103

Signing Officer

Name
Pamela Freyd Phd
Title
Executive Director
Phone
2159401040
Signed
2019-06-06
Discuss with paid preparer
Yes

Preparer

Firm
Friedman Llp
Address
2000 MARKET STREET SUITE 500, PHILADELPHIA, PA 19103
Preparer
Colleen Crandall
Phone
2154969200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 63.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: other income. Amount: 794.

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

Description: dues and subscriptions. Amount: 100. Description: insurance. Amount: 3,703. Description: office expense. Amount: 20. Description: telephone. Amount: 1,076. Description: website. Amount: 925. Description: postage. Amount: 160. Description: penalties. Amount: 60. Description: depreciation. Amount: 117. Total to form 990-ez, line 16: 6,161.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expenses or deferred charges. Beg. Of year amount: 2,071. End of year amount: 1,985. Description: other depreciable assets. Beg. Of year amount: 117. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: retirement plan payable. Beg. Of year amount: 0. End of year amount: 500.

FORM 990-EZ; PART IV - OFFICER'S SALARIES

For financial statement purposes, the organization recognized $16,000 of an in-kind contribution for time donated by the executive director in lieu of taking a salary. This in-kind service is not included in revenues on the 990-ez,and the compensation for this position is shown as -o- on part iv since it is an unpaid position.

Raw XML Appendix183 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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IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE FALSE MEMORY SYNDROME FOUNDATION IS TO SEEK THE REASONS FOR THE SPREAD OF FALSE MEMORY SYNDROME, TO WORK FOR THE PREVENTION OF NEW CASES OF FALSE MEMORY SYNDROME, AND TO AID THE VICTIMS, BOTH PRIMARY AND SECONDARY, OF FALSE MEMORY SYNDROME THROUGHOUT THE UNITED STATES AND ABROAD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0VARIOUS FORMS OF COMMUNICATIONS WITH FAMILIES, PROFESSIONALS, THE MEDIA AND THE PUBLIC TO DISSEMINATE INFORMATION ABOUT FALSE MEMORY SYNDROME; PLANNING, IMPLEMENTING AND REPORTING RESULTS OF SCIENTIFIC RESEARCH PROJECTS RELEVANT TO MISSION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ORGANIZATION HOLDS SEMINARS AND CONFERENCES TO DISSEMINATE INFORMATION ABOUT FALSE MEMORY SYNDROME.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 63.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER INCOME. AMOUNT: 794.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 100. DESCRIPTION: INSURANCE. AMOUNT: 3,703. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 20. DESCRIPTION: TELEPHONE. AMOUNT: 1,076. DESCRIPTION: WEBSITE. AMOUNT: 925. DESCRIPTION: POSTAGE. AMOUNT: 160. DESCRIPTION: PENALTIES. AMOUNT: 60. DESCRIPTION: DEPRECIATION. AMOUNT: 117. TOTAL TO FORM 990-EZ, LINE 16: 6,161.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: RETIREMENT PLAN PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOR FINANCIAL STATEMENT PURPOSES, THE ORGANIZATION RECOGNIZED $16,000 OF AN IN-KIND CONTRIBUTION FOR TIME DONATED BY THE EXECUTIVE DIRECTOR IN LIEU OF TAKING A SALARY. THIS IN-KIND SERVICE IS NOT INCLUDED IN REVENUES ON THE 990-EZ,AND THE COMPENSATION FOR THIS POSITION IS SHOWN AS -O- ON PART IV SINCE IT IS AN UNPAID POSITION.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ; PART IV - OFFICER'S SALARIES
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.
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ReturnHeader/BusinessOfficerGrp/PhoneNum02159401040
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0COLLEEN CRANDALL
ReturnHeader/ReturnTs02019-07-22T17:11:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-03-01
ReturnHeader/TaxPeriodEndDt02019-02-28
ReturnHeader/TaxYr02018

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