Civic Intelligence

The Incentive Research Foundation

EIN 30-0496640 • 501(c)3 • Mclean, VA

Profile

The incentive research foundation (irf) funds research studies and develops educational programs serving all segments of the global incentive industry. Irf focuses its initiatives on pragmatic research highlighting the premise and the power of incentive and motivational programs. Through these efforts, the irf helps businesses to develop effective motivational and performance improvement strategies.

1660 International Drive Ste 600Mclean, VA 22102

theirf.org

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.28x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.27x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

70th percentile

17%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

89th percentile

45%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

75th percentile

31%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,102,066

Up $1,216,449 (+137%) from 2022

Liabilities

Up

$586,474

Up $477,612 (+439%) from 2022

Net Assets

Up

$1,515,592

Up $738,837 (+95%) from 2022

Revenue

Up

$2,169,733

Up $828,693 (+62%) from 2022

Expenses

Up

$1,794,518

Up $573,053 (+47%) from 2022

Net Income

Up

$375,215

Up $255,640 (+214%) from 2022

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $446,562Liabilities 2010: $52,733Net Assets 2010: $393,8292010Assets 2011: $545,433Liabilities 2011: $96,874Net Assets 2011: $448,5592011Assets 2013: $612,895Liabilities 2013: $36,737Net Assets 2013: $576,1582013Assets 2014: $722,008Liabilities 2014: $64,417Net Assets 2014: $657,5912014Assets 2015: $769,314Liabilities 2015: $142,354Net Assets 2015: $626,9602015Assets 2016: $1,016,673Liabilities 2016: $184,397Net Assets 2016: $832,2762016Assets 2017: $1,208,976Liabilities 2017: $260,915Net Assets 2017: $948,0612017Assets 2018: $1,287,480Liabilities 2018: $265,662Net Assets 2018: $1,021,8182018Assets 2019: $1,486,355Liabilities 2019: $211,761Net Assets 2019: $1,274,5942019Assets 2020: $808,413Liabilities 2020: $247,183Net Assets 2020: $561,2302020Assets 2022: $885,617Liabilities 2022: $108,862Net Assets 2022: $776,7552022Assets 2024: $2,102,066Liabilities 2024: $586,474Net Assets 2024: $1,515,5922024

Highlighted filing

2024

Assets$2,102,066
Liabilities$586,474
Net Assets$1,515,592

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $504,3122010Expenses 2011: $350,5952011Revenue 2013: $431,125Expenses 2013: $358,213Net Income 2013: $72,9122013Revenue 2014: $467,632Expenses 2014: $384,776Net Income 2014: $82,8562014Revenue 2015: $537,621Expenses 2015: $534,740Net Income 2015: $2,8812015Revenue 2016: $882,644Expenses 2016: $691,697Net Income 2016: $190,9472016Revenue 2017: $1,074,988Expenses 2017: $976,206Net Income 2017: $98,7822017Revenue 2018: $1,197,086Expenses 2018: $1,053,948Net Income 2018: $143,1382018Revenue 2019: $1,257,307Expenses 2019: $1,076,991Net Income 2019: $180,3162019Revenue 2020: $238,560Expenses 2020: $974,972Net Income 2020: -$736,4122020Revenue 2022: $1,341,040Expenses 2022: $1,221,465Net Income 2022: $119,5752022Revenue 2024: $2,169,733Expenses 2024: $1,794,518Net Income 2024: $375,2152024

Highlighted filing

2024

Revenue$2,169,733
Expenses$1,794,518
Net Income$375,215

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.59$1.52$2.17$1.79$0.38
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.11$0.78$1.34$1.22$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.25$0.56$0.24$0.97$0.74
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.21$1.27$1.26$1.08$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.27$1.02$1.20$1.05$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.26$0.95$1.07$0.98$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.18$0.83$0.88$0.69$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.14$0.63$0.54$0.53$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.06$0.66$0.47$0.38$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.04$0.58$0.43$0.36$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.10$0.45$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.05$0.39$0.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 2, 2025
Return Version
2024v5.0
Gross Receipts
$2,747,172
Mission and Program Overview

Mission

The incentive research foundation (irf) funds research studies and develops educational programs serving all segments of the global incentive industry. Irf focuses its initiatives on pragmatic research highlighting the premise and the power of incentive and motivational programs. Through these efforts, the irf helps businesses to develop effective motivational and performance improvement strategies.

Research and education to advance the science, awareness and appropiate application of incentive and motivational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$819,025$1,354,428▲ $535,403
Investments in Publicly Traded Securities$596,829$678,692▲ $81,863
Prepaid Expenses and Deferred Charges$9,103$43,724▲ $34,621
Accounts Receivable$7,823$20,000▲ $12,177
Land, Buildings, and Equipment, Net$19,722$5,222▼ $14,500
Total Assets$1,452,502$2,102,066▲ $649,564
Liabilities
Deferred Revenue$319,900$564,859▲ $244,959
Accounts Payable and Accrued Expenses$40,247$21,615▼ $18,632
Total Liabilities$360,147$586,474▲ $226,327
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,092,355$1,515,592▲ $423,237
Total Net Assets Fund Balance$1,092,355$1,515,592▲ $423,237
Total Liabilities and Net Assets / Fund Balance$1,452,502$2,102,066▲ $649,564

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,222$75,008$80,230
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan AdamsChair
Morgan CrainChair Elect
Stephanie HarrisPresident
Amy RippelmeyerTrustee
Bich-lien KaldahlTrustee
Cosimo BruzzeseTrustee
David GouldTrustee
JEN O'MARATrustee
Karen DevineTrustee
Lynn RandallTrustee
Patricia KerrTrustee
Richelle SuverTrustee
Rudy GarzaTrustee
Rutger HoornTrustee
Sarah HainesTrustee
Mark AltImmediate Pa
Kelsey NicolMember at La
Min ChoiMember at La
Chris JohnsonSecretary/tr

Highest Paid Contractors

ContractorServicesLocationCompensation
MciusaManagement1660 INTERNATIONAL DRIVE, STE 600, Mclean, VA 22102$1,079,785
Revenue and Support

Revenue Composition

Contributions and Grants
$1,168,165
Program Service Revenue
$995,430
Investment Income
$31,642
Other Revenue
$-25,504
Change in Net Assets
$375,215

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table6$248,140
Total Noncash Contributions6$248,140

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,169,733
Revenue Not Reported on Form 990
$3,664,713
Total Revenue per Audited Statements
$5,834,446
Total Revenue per Form 990
$2,169,733
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,794,518
Total Fundraising Expense$6,432
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$677,916$401,869-$1,079,785
Fees for Services Other$339,832--$339,832
Travel-$19,906$6,432$26,338
Fees for Services Accounting-$24,706-$24,706
Depreciation Depletion-$14,500-$14,500
Office Expenses-$9,914-$9,914
Other Expenses$244,036$5,816-$5,816
Total Functional Expenses$1,261,784$526,302$6,432$1,794,518

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,411,209
Expenses Not Reported on Form 990$3,616,691
Expenses per Audited Statements$1,794,518
Total Expenses per Form 990$1,794,518
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$577,439
Fundraising Gross Income$551,935
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Invitational$1,720,100$551,935$329,299$222,636
Total Events$1,720,100$551,935$577,439$-25,504
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
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The foundation has engaged a management company to serve as the employer of record of the foundations's staff, to provide oversight of the foundation's operations, to manage the foundation's information technology hardware and software, and to provide specialists in the fields of headquarters support, strategic communications, and accounting and budget management.

Form 990, Page 6, Part VI, Line 11B

The president reviews the 990 and emails the 990 to the board of trustees for comments and questions which are addressed before final approval, signature and filing by the president.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed and discussed periodically at board meetings.

Form 990, Page 6, Part VI, Line 19

Not publically disclosed.

Filing and Contact Details

Filer

Filer Name
The Incentive Research Foundation
EIN
30-0496640
Phone
7036518189
Address
1660 INTERNATIONAL DRIVE STE 600, MCLEAN, VA 22102

Signing Officer

Name
Stephanie Harris
Title
President
Phone
7038418285
Signed
2025-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Harris
Formed
2006
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
0

Preparer

Firm
Steve Guy & Associates Pc
Address
4900 SOUTHPOINT DRIVE, FREDERICKSBURG, VA 22407
Preparer
Wanda Stempin
Phone
5408917555
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The incentive research foundation (irf) funds research studies and develops educational programs serving all segments of the global incentive industry. Irf focuses its initiatives on pragmatic research highlighting the premise and the power of incentive and motivational programs. Through these efforts, the irf helps businesses to develop effective motivational and performance improvement strategies.

Form 990, Part IX, Line 11G

Research expenses 339,832 0 0

Form 990, Part XI, Line 9

Fundraising exp netted with fundraising rev on 990 577,439 fundraising exp netted with fundraising rev on 990 -577,439

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fundraising exp netted with fundraising rev on 990 577,439

Schedule D, Page 4, Part XII, Line 2D

Fundraising exp netted with fundraising rev on 990 577,439

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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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IRS990/MissionDesc0THE INCENTIVE RESEARCH FOUNDATION (IRF) FUNDS RESEARCH STUDIES AND DEVELOPS EDUCATIONAL PROGRAMS SERVING ALL SEGMENTS OF THE GLOBAL INCENTIVE INDUSTRY. IRF FOCUSES ITS INITIATIVES ON PRAGMATIC RESEARCH HIGHLIGHTING THE PREMISE AND THE POWER OF INCENTIVE AND MOTIVATIONAL PROGRAMS. THROUGH THESE EFFORTS, THE IRF HELPS BUSINESSES TO DEVELOP EFFECTIVE MOTIVATIONAL AND PERFORMANCE IMPROVEMENT STRATEGIES.
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