Civic Intelligence

Foundry 47 Foundaation

990 • Fiscal year 2015 • EIN 27-3457879

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 11, 2016

Organization ProfileWWW.LIBERTYUNITED.COM
31 UNION SQUARE WEST No 6ANew York, NY 10003

(347) 620-2156

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

98th percentile

90%

Higher net margin than 98% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

$169,507

No earlier filing loaded for comparison.

Net Assets

$169,507

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin98th percentile

Revenue

$175,117

No earlier filing loaded for comparison.

Expenses

$16,948

No earlier filing loaded for comparison.

Net Income

$158,169

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0Assets 2015: $169,507Liabilities 2015: $0Net Assets 2015: $169,5072015

Highlighted filing

2015

Assets$169,507
Liabilities$0
Net Assets$169,507
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0Revenue 2015: $175,117Expenses 2015: $16,948Net Income 2015: $158,1692015

Highlighted filing

2015

Revenue$175,117
Expenses$16,948
Net Income$158,169
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 11, 2016
Return Version
2015v2.1
Gross Receipts
$175,117
Mission and Program Overview

Mission

Foundry 47 foundation was organized exclusively for charitable and educational purposes. Specifically, foundry 47 foundation was formed for the purpose of identifying and funding programs to reduce the number and impact of small arms and light weapons ("salw") in conflict and post conflict regions around the world in two ways. First, by identifying and funding programs that permanently remove and destroy salw in conflict and post conflict societies. Second, by providing funding support to groups of young people in these regions who provide (i) programs assisting with the reeducation and reintegration of children who were forced into conscription as child soldiers in conflict and (ii) fellowships to inspiring young people in these societies who have the potential to act as leaders in civil society by excelling in academic, civic, and business pursuits.

FOUNDRY 47 Foundation was formed for the purpose of identifying and funding programs to reduce the number and impact of small arms and light weapons ("SALW") in conflict and post conflict regions around the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,338$169,507▲ $158,169
Rtn Earn Endowment Incm Other Fnds$11,338$169,507▲ $158,169
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$11,338$169,507▲ $158,169
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,338$169,507▲ $158,169
Total Liabilities and Net Assets / Fund Balance$11,338$169,507▲ $158,169
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Peter ThumPresident
John KulgeDirector
John ZapolskiSecretary, CFO, Director
Revenue and Support

Revenue Composition

Contributions and Grants
$175,000
Program Service Revenue
$0
Investment Income
$117
Other Revenue
$0
All Other Contributions
$175,000
Change in Net Assets
$158,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,948
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$15,975$973-$973
Total Functional Expenses$15,975$973$0$16,948
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Section B, line 11

“Form 990 is provided to officers and directors for review.”

Form 990, Part VI, Section C, line 19

“Information is provided upon request to individuals or organizations requestiing such information”

Filing and Contact Details

Filer

Filer Name
Foundry 47 Foundation
EIN
27-3457879
Phone
3476202156
Address
31 UNION SQUARE WEST No 6A, NEW YORK, NY 10003

Signing Officer

Name
Peter Thum
Title
President
Phone
3476202156
Signed
2016-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Thum
Formed
2010
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Fgmk LLC
Address
2801 Lakeside Drive 3rd Floor, Bannockburn, IL 60015
Preparer
David Starkston
Phone
8473740400
Raw XML Appendix281 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/Desc0FUNDING THE DESTRUCTION OF 7,430 ASSAULT RIFLES REMOVED FROM CIRCULATION IN THE DEMOCRATIC REPUBLIC OF THE CONGO BY GOVERNMENT AND MULTILATERAL ORGANIZATIONS
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IRS990/MissionDesc0FOUNDRY 47 FOUNDATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. SPECIFICALLY, FOUNDRY 47 FOUNDATION WAS FORMED FOR THE PURPOSE OF IDENTIFYING AND FUNDING PROGRAMS TO REDUCE THE NUMBER AND IMPACT OF SMALL ARMS AND LIGHT WEAPONS ("SALW") IN CONFLICT AND POST CONFLICT REGIONS AROUND THE WORLD IN TWO WAYS. FIRST, BY IDENTIFYING AND FUNDING PROGRAMS THAT PERMANENTLY REMOVE AND DESTROY SALW IN CONFLICT AND POST CONFLICT SOCIETIES. SECOND, BY PROVIDING FUNDING SUPPORT TO GROUPS OF YOUNG PEOPLE IN THESE REGIONS WHO PROVIDE (I) PROGRAMS ASSISTING WITH THE REEDUCATION AND REINTEGRATION OF CHILDREN WHO WERE FORCED INTO CONSCRIPTION AS CHILD SOLDIERS IN CONFLICT AND (II) FELLOWSHIPS TO INSPIRING YOUNG PEOPLE IN THESE SOCIETIES WHO HAVE THE POTENTIAL TO ACT AS LEADERS IN CIVIL SOCIETY BY EXCELLING IN ACADEMIC, CIVIC, AND BUSINESS PURSUITS.
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ReturnHeader/Filer/PhoneNum03476202156
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02801 Lakeside Drive 3rd Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bannockburn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
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ReturnHeader/PreparerPersonGrp/PhoneNum08473740400
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David Starkston
ReturnHeader/ReturnTs02016-11-14T11:52:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$169,507
Liabilities
$0
Net assets
$169,507
Revenue
$175,117
Expenses
$16,948
Net income
$158,169
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$1.75$0.17$1.58