Civic Intelligence

Financial Services Innovation Coalition Fsic

990 • Fiscal year 2023 • EIN 45-4436072

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 06, 2024

1310 Eastern Ave NEWashington, DC 20019

(435) 673-6195

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.00x

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

65th percentile

7.9%

Faster asset growth than 65% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-65%

Faster revenue growth than 7% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$74,237

Up $5,439 (+7.9%) from 2022

Net Assets

Up

$74,237

Up $5,439 (+7.9%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$44,000

Down $83,000 (-65%) from 2022

Expenses

Down

$38,561

Down $38,478 (-50%) from 2022

Net Income

Down

$5,439

Down $44,522 (-89%) from 2022

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2013: $10,947Liabilities 2013: $02013Assets 2014: $606Liabilities 2014: $02014Assets 2022: $68,798Liabilities 2022: $0Net Assets 2022: $68,7982022Assets 2023: $74,237Liabilities 2023: $0Net Assets 2023: $74,2372023Assets 2024: $71,627Liabilities 2024: $0Net Assets 2024: $71,6272024

Highlighted filing

2023

Assets$74,237
Liabilities$0
Net Assets$74,237

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $33,000Expenses 2013: $34,521Net Income 2013: -$1,5212013Revenue 2014: $31,772Expenses 2014: $32,968Net Income 2014: -$1,1962014Revenue 2022: $127,000Expenses 2022: $77,039Net Income 2022: $49,9612022Revenue 2023: $44,000Expenses 2023: $38,561Net Income 2023: $5,4392023Revenue 2024: $403,000Expenses 2024: $405,610Net Income 2024: -$2,6102024

Highlighted filing

2023

Revenue$44,000
Expenses$38,561
Net Income$5,439
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 6, 2024
Return Version
2023v5.0
Gross Receipts
$44,000
Mission and Program Overview

Mission

Designing policy to help all communities participate in the modern economy through research, programming, and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$68,798$74,237▲ $5,439
Total Assets$68,798$74,237▲ $5,439
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$68,798$74,237▲ $5,439
Total Net Assets Fund Balance$68,798$74,237▲ $5,439
Total Liabilities and Net Assets / Fund Balance$68,798$74,237▲ $5,439
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brady BucknerPresident
Steve LenkartBoard Member
Kevin KimbleVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$44,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$44,000
Change in Net Assets
$5,439
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$38,561
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
Fees for Services Management$16,216--$16,216
Travel$11,064--$11,064
Advertising$3,465--$3,465
Office Expenses$3,274--$3,274
Information Technology$1,889--$1,889
Payment Travel Entrtnmnt Publicly Ofcl$1,036--$1,036
Insurance$1,019--$1,019
Occupancy$458--$458
Fees for Services Other$140--$140
Total Functional Expenses$38,561$0$0$38,561
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Organization reviewed form 990 before filing.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Financial Services Innovation
EIN
45-4436072
Phone
4356736195
Address
1310 EASTERN AVE NE, WASHINGTON, DC 20019

Signing Officer

Name
Brady Buckner
Title
President
Phone
4356736195
Signed
2024-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brady Buckner
Formed
2012
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Savage Esplin & Radmall Pc
Address
20 N MAIN ST STE 402, ST GEORGE, UT 84770
Preparer
Darin Gubler
Phone
4356736195
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Designing policy to help all communities participate in the modern economy through research, programming, and advocacy.

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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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