Civic Intelligence

Far and Wise Inc.

990 • Fiscal year 2023 • EIN 46-0587871

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 31, 2024

PO Box 4282Hailey, ID 83333

(208) 450-9559

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

89th percentile

46%

Higher net margin than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

68th percentile

$102,083

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

92nd percentile

67%

Faster asset growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

38%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,229,942

Up $894,881 (+67%) from 2022

Net Assets

Up

$2,225,059

Up $894,949 (+67%) from 2022

Liabilities

Down

$4,883

Down $68 (-1.4%) from 2022

Revenue

Up

$1,574,585

Up $432,768 (+38%) from 2022

Expenses

Up

$853,715

Up $333,310 (+64%) from 2022

Net Income

Up

$720,870

Up $99,458 (+16%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $66,232Liabilities 2013: $0Net Assets 2013: $66,2322013Assets 2014: $61,908Liabilities 2014: $878Net Assets 2014: $61,0302014Assets 2015: $72,136Liabilities 2015: $789Net Assets 2015: $71,3472015Assets 2016: $82,297Liabilities 2016: $1,952Net Assets 2016: $80,3452016Assets 2017: $115,801Liabilities 2017: $767Net Assets 2017: $115,0342017Assets 2018: $237,824Liabilities 2018: $791Net Assets 2018: $237,0332018Assets 2019: $375,648Liabilities 2019: $1,348Net Assets 2019: $374,3002019Assets 2020: $467,809Liabilities 2020: $29,304Net Assets 2020: $438,5052020Assets 2021: $839,615Liabilities 2021: $4,417Net Assets 2021: $835,1982021Assets 2022: $1,335,061Liabilities 2022: $4,951Net Assets 2022: $1,330,1102022Assets 2023: $2,229,942Liabilities 2023: $4,883Net Assets 2023: $2,225,0592023Assets 2024: $3,096,890Liabilities 2024: $12,797Net Assets 2024: $3,084,0932024

Highlighted filing

2023

Assets$2,229,942
Liabilities$4,883
Net Assets$2,225,059

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $68,077Expenses 2013: $1,845Net Income 2013: $66,2322013Revenue 2014: $55,146Expenses 2014: $60,348Net Income 2014: -$5,2022014Revenue 2015: $76,964Expenses 2015: $66,647Net Income 2015: $10,3172015Revenue 2016: $66,767Expenses 2016: $57,769Net Income 2016: $8,9982016Revenue 2017: $125,140Expenses 2017: $90,451Net Income 2017: $34,6892017Revenue 2018: $240,133Expenses 2018: $118,134Net Income 2018: $121,9992018Revenue 2019: $278,196Expenses 2019: $140,929Net Income 2019: $137,2672019Revenue 2020: $255,552Expenses 2020: $191,347Net Income 2020: $64,2052020Revenue 2021: $664,828Expenses 2021: $268,135Net Income 2021: $396,6932021Revenue 2022: $1,141,817Expenses 2022: $520,405Net Income 2022: $621,4122022Revenue 2023: $1,574,585Expenses 2023: $853,715Net Income 2023: $720,8702023Revenue 2024: $1,734,335Expenses 2024: $1,252,669Net Income 2024: $481,6662024

Highlighted filing

2023

Revenue$1,574,585
Expenses$853,715
Net Income$720,870
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 31, 2024
Return Version
2022v5.0
Gross Receipts
$1,842,349
Mission and Program Overview

Mission

To provide academic support and experiential education for students from early elementary through middle, high school and beyond, and by removing financial and other barriers, ensures that all students can achieve thier education, career and life goals.

To provide academic support, counseling and mentorship to low-income youth from early elementary school, through middle and high school, and guaranteed tuition support for high education. Our work is founded on the belief that given equitable access to resources, all children can realize their innate potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,335,061$2,229,942▲ $894,881
Total Assets$1,335,061$2,229,942▲ $894,881
Liabilities
Accounts Payable and Accrued Expenses$4,951$4,883▼ $68
Total Liabilities$4,951$4,883▼ $68
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,016,124$1,870,823▲ $854,699
Net Assets With Donor Restrictions$313,986$354,236▲ $40,250
Total Net Assets Fund Balance$1,330,110$2,225,059▲ $894,949
Total Liabilities and Net Assets / Fund Balance$1,335,061$2,229,942▲ $894,881

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$5,008$5,008
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura Rose-lewisExecutive DiFT$102,083$102,083

Board Members and Trustees

NameTitle
Brent RobinsonChairman
Kenneth LewisPresident Em
Beverly RobinsonVice Chair
Ana TorresDirector
Bob KnoebelDirector
Jack BunceDirector
Jacob GreenbergDirector
Jon MaksikDirector
Joyce HartDirector
Kim PertelDirector
Pamela MannDirector
Quin CurranDirector
Stephanie WallaceDirector
Taylor Gibson-ullmanDirector
Mary BachmanSecretary
Peter BeckerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,530,477
Program Service Revenue
$0
Investment Income
$27,532
Other Revenue
$16,576
All Other Contributions
$862,538
Change in Net Assets
$720,870

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
Clothing and Household Goods-$30,010
Securities Publicly Traded2$21,861
Total Noncash Contributions2$51,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$536,338
Other Expenses$259,242
Total Fundraising Expense$93,112
Grants and Similar Amounts Paid$58,135
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$399,484$43,846$43,846$487,176
Grants to Domestic Individuals$58,135--$58,135
Fees for Services Other$52,052$3,007$970$56,029
Payroll Taxes$30,736$3,373$3,373$37,482
Advertising$5,570$6,027$11,417$23,014
Fees for Services Accounting$6,494$8,881-$15,375
Other Employee Benefits$3,174$8,158$348$11,680
Occupancy$3,002$4,056-$7,058
Insurance$3,875$3,010$165$7,050
Office Expenses$2,435$2,738-$5,173
All Other Expenses$1,903$3,245$2$5,150
Information Technology$1,597$2,727$146$4,470
Other Expenses$42,289$2,681$30,010$2,681
Conferences and Meetings-$928-$928
Total Functional Expenses$666,667$93,936$93,112$853,715
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$34,196
Fundraising Direct Expenses$18,120
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Fundrais$564,935$34,196$18,120$16,076
Total Events$564,935$34,196$18,120$16,076
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
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 2

Ken lewis joyce hart director director spouse brent robinson beverly robinson chair vice-chair spouse ken lewis laura rose-lewis director exec direct father in law

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

The officers' review form 990 including all schedules, and approve the content prior to signing and filing.

Form 990, Page 6, Part VI, Line 15A

The organization's board of directors determine the executive director's compensation based on performance.

Form 990, Page 6, Part VI, Line 15B

The executive committee of the board and the executive director of the foundation meet periodically to review compensation levels of officers and key employees and contractors.

Form 990, Page 6, Part VI, Line 19

Governing documents and tax returns are provided upon request.

Filing and Contact Details

Filer

Filer Name
Farwise Inc
EIN
46-0587871
Phone
2084509559
Address
PO BOX 4282, HAILEY, ID 83333

Signing Officer

Name
Pamela Mann
Title
Director
Phone
2084509559
Signed
2024-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pamela Mann
Formed
2012
Legal Domicile
Id
Voting Board Members
16
Independent Board Members
16
Employees
17
Volunteers
14

Preparer

Firm
Becker Chambers & Co Pa
Address
PO BOX 909, HAILEY, ID 83333-0909
Preparer
Linda P Chambers
Phone
2087889595
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide academic support, counseling and mentorship to low-income youth from early elementary school, through middle and high school, and guaranteed tuition support for high education. Our work is founded on the belief that given equitable access to resources, all children can realize their innate potential.

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