Civic Intelligence

Innisfree Foundation Inc.

990EZ • Fiscal year 2022 • EIN 45-4858822

Jan 01, 2022 to Dec 31, 2022 • Filed on May 01, 2023

657 Ridgewood AvenueMontclair, NJ 07043

(201) 266-0850

Siviq Scores

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

Liabilities / Assets

89th percentile

0.13x

Higher debt load relative to assets than 89% of similar nonprofits.

2022 filings • NTEE T12 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

9.58x

Higher debt load relative to revenue than 99% of similar nonprofits.

2022 filings • NTEE T12 • <$500k nonprofits • Source year 2022

Net Margin

3rd percentile

-4099%

Higher net margin than 3% of similar nonprofits.

2022 filings • NTEE T12 • <$500k nonprofits • Source year 2022

Top Officer Pay

98th percentile

$0

Higher top officer pay than 98% of similar nonprofits.

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

2022 filings • NTEE T12 • <$500k nonprofits • Source year 2022

Asset Growth

20th percentile

-37%

Faster asset growth than 20% of similar nonprofits.

2022 filings • NTEE T12 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-99%

Faster revenue growth than 5% of similar nonprofits.

2022 filings • NTEE T12 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$9,044

Down $5,290 (-37%) from 2021

Net Assets

Down

$7,866

Down $5,042 (-39%) from 2021

Liabilities

Down

$1,178

Down $248 (-17%) from 2021

Revenue

Down

$123

Down $9,213 (-99%) from 2021

Expenses

Down

$5,165

Down $1,557 (-23%) from 2021

Net Income

Down

-$5,042

Down $7,656 (-293%) from 2021

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2012: $198Liabilities 2012: $198Net Assets 2012: -$92012Assets 2013: $98,812Liabilities 2013: $740Net Assets 2013: $98,0722013Assets 2014: $81,441Liabilities 2014: $1,513Net Assets 2014: $79,9282014Assets 2015: $47,267Liabilities 2015: $3,359Net Assets 2015: $43,9082015Assets 2016: $25,978Liabilities 2016: $4,526Net Assets 2016: $21,4522016Assets 2017: $12,021Liabilities 2017: $725Net Assets 2017: $11,2962017Assets 2018: $7,091Liabilities 2018: $2,127Net Assets 2018: $4,9642018Assets 2019: $26,193Liabilities 2019: $1,675Net Assets 2019: $24,5182019Assets 2020: $10,919Liabilities 2020: $625Net Assets 2020: $10,2942020Assets 2021: $14,334Liabilities 2021: $1,426Net Assets 2021: $12,9082021Assets 2022: $9,044Liabilities 2022: $1,178Net Assets 2022: $7,8662022Assets 2023: $4,697Liabilities 2023: $1,380Net Assets 2023: $3,3172023Assets 2024: $597Liabilities 2024: $2,645Net Assets 2024: -$2,0482024

Highlighted filing

2022

Assets$9,044
Liabilities$1,178
Net Assets$7,866

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $100,050Expenses 2013: $1,969Net Income 2013: $98,0812013Revenue 2014: $0Expenses 2014: $18,144Net Income 2014: -$18,1442014Revenue 2015: $671Expenses 2015: $36,691Net Income 2015: -$36,0202015Revenue 2016: $34,041Expenses 2016: $56,497Net Income 2016: -$22,4562016Revenue 2017: $4,428Expenses 2017: $14,584Net Income 2017: -$10,1562017Revenue 2018: $951Expenses 2018: $7,283Net Income 2018: -$6,3322018Revenue 2019: $24,714Expenses 2019: $5,160Net Income 2019: $19,5542019Revenue 2020: $440Expenses 2020: $14,664Net Income 2020: -$14,2242020Revenue 2021: $9,336Expenses 2021: $6,722Net Income 2021: $2,6142021Revenue 2022: $123Expenses 2022: $5,165Net Income 2022: -$5,0422022Revenue 2023: $19Expenses 2023: $4,568Net Income 2023: -$4,5492023Revenue 2024: $1,206Expenses 2024: $6,571Net Income 2024: -$5,3652024

Highlighted filing

2022

Revenue$123
Expenses$5,165
Net Income-$5,042
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 1, 2023
Return Version
2022v5.0
Gross Receipts
$123
Mission and Program Overview

Mission

The mission is to engage in and/or provide funding for activities of direct or indirect educational benefit to children

Program Services

DescriptionGrantsExpenses
Special Education Advocacy Program As part of its mission, Innisfree provides direct advocacy services to constituent families who meet its income criteria through its low bono and pro bono referral programs. Innisfree, as part o-$3,758
OPRA Program Of particular importance to Innisfree mission, Innisfree seeks to ensure transparency in New Jersey public school board operations by obtaining appropriately redacted public records through Open Public Records Act O-$200
Community Outreach Program As part of its mission, Innisfree provides community based support to New Jersey families, especially but not limited to the families of children with disabilities through its involvement in parent educ-$200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN D RUETrustee PresidentPT$0--
MICHAEL YAPTrustee-$0--
CATHERINE MERINO REISMANTrustee-$0--
THOMAS J O'LEARYTrustee Treasurer, Finance Committee Chair-$0--
KRISTA HALEYTrustee-$0--
CLIFFORD BLAIRTrustee Conflicts Committee-$0--
JEFFREY WASSERMANTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Innisfree Foundation Inc
EIN
45-4858822
Phone
2012660850
Address
657 RIDGEWOOD AVENUE, MONTCLAIR, NJ 07043

Signing Officer

Name
John D Rue
Title
President
Phone
2012660850
Signed
2023-05-01
Discuss with paid preparer
Yes

Preparer

Firm
ANGELO R O'DELL CPA
Address
657 RIDGEWOOD AVENUE, UPPER MONTCLAIR, NJ 07043
Preparer
THEODORE J O'DELL CPA
Phone
2017047135
Supplemental Narrative

Additional Explanations

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

Information technology 950

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

Licenses business filings 331

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

LEGAL RESEARCH 2,608

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

PREPAID EXPENSES Beginning of year 0, End of year 2,180

Form 990-EZ, Part II, Line 26, Liabilities

ACCOUNTS PAYABLE Beginning of year 1,426, End of year 1,178

Raw XML Appendix165 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/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INFORMATION TECHNOLOGY 950
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LICENSES BUSINESS FILINGS 331
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LEGAL RESEARCH 2,608
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PREPAID EXPENSES Beginning of year 0, End of year 2,180
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings