Civic Intelligence

The Augmented Reality Organization

990 • Fiscal year 2022 • EIN 46-0772775

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 06, 2023

9450 SW Gemini Drive 55425Beaverton, OR 97008-7105

(503) 619-0505

Siviq Scores

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

Liabilities / Assets

99th percentile

3.37x

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.17x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

92nd percentile

40%

Higher net margin than 92% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

1st percentile

-96%

Faster asset growth than 1% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

96th percentile

311%

Faster revenue growth than 96% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$3,039

Down $82,708 (-96%) from 2021

Net Assets

Up

-$7,209

Up $23,730 (+77%) from 2021

Liabilities

Down

$10,248

Down $106,438 (-91%) from 2021

Revenue

Up

$58,960

Up $44,599 (+311%) from 2021

Expenses

Down

$35,230

Down $83,330 (-70%) from 2021

Net Income

Up

$23,730

Up $127,929 (+123%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2013: $13,009Liabilities 2013: $0Net Assets 2013: $13,0092013Assets 2014: $54,021Liabilities 2014: $0Net Assets 2014: $54,0212014Assets 2015: $52,591Liabilities 2015: $0Net Assets 2015: $52,5912015Assets 2016: $26,840Liabilities 2016: $0Net Assets 2016: $26,8402016Assets 2017: $641,585Liabilities 2017: $556,651Net Assets 2017: $84,9342017Assets 2018: $891,169Liabilities 2018: $914,281Net Assets 2018: -$23,1122018Assets 2019: $855,196Liabilities 2019: $709,248Net Assets 2019: $145,9482019Assets 2020: $273,211Liabilities 2020: $199,951Net Assets 2020: $73,2602020Assets 2021: $85,747Liabilities 2021: $116,686Net Assets 2021: -$30,9392021Assets 2022: $3,039Liabilities 2022: $10,248Net Assets 2022: -$7,2092022Assets 2023: $4,629Liabilities 2023: $6,434Net Assets 2023: -$1,8052023Assets 2024: $1,162Liabilities 2024: $4,266Net Assets 2024: -$3,1042024

Highlighted filing

2022

Assets$3,039
Liabilities$10,248
Net Assets-$7,209

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2013: $367,554Expenses 2013: $354,699Net Income 2013: $12,8552013Revenue 2014: $622,927Expenses 2014: $581,915Net Income 2014: $41,0122014Revenue 2015: $844,717Expenses 2015: $846,147Net Income 2015: -$1,4302015Revenue 2016: $1,515,433Expenses 2016: $1,541,184Net Income 2016: -$25,7512016Revenue 2017: $2,562,745Expenses 2017: $2,300,274Net Income 2017: $262,4712017Revenue 2018: $3,826,898Expenses 2018: $3,934,944Net Income 2018: -$108,0462018Revenue 2019: $3,885,056Expenses 2019: $3,715,996Net Income 2019: $169,0602019Revenue 2020: $1,511,433Expenses 2020: $1,584,121Net Income 2020: -$72,6882020Revenue 2021: $14,361Expenses 2021: $118,560Net Income 2021: -$104,1992021Revenue 2022: $58,960Expenses 2022: $35,230Net Income 2022: $23,7302022Revenue 2023: $31,699Expenses 2023: $26,295Net Income 2023: $5,4042023Revenue 2024: $17,584Expenses 2024: $18,883Net Income 2024: -$1,2992024

Highlighted filing

2022

Revenue$58,960
Expenses$35,230
Net Income$23,730
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$58,960
Mission and Program Overview

Mission

A. Educate the general public on a global scale and increase awareness about the power and potential of augmented reality technology (ar) and promote excellence in the field. B. Connect the best talent and industry partners around world to advance augmented reality technology by serving as an online and on-site forum for these parties to collaborate. C. Spark innovation in augmented reality technology that addresses and solves real-world problems.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$79,562$0▼ $79,562
Intangible Assets$2,331$0▼ $2,331
Cash and Non-Interest-Bearing Accounts$2,820$1,776▼ $1,044
Prepaid Expenses and Deferred Charges$1,034$1,263▲ $229
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Loans From Officers Directors$97,118$-495▼ $97,613
Rtn Earn Endowment Incm Other Fnds$-30,939$-7,209▲ $23,730
Total Assets$85,747$3,039▼ $82,708
Liabilities
Accounts Payable and Accrued Expenses$19,568$10,743▼ $8,825
Total Liabilities$116,686$10,248▼ $106,438
Net Assets / Fund Balance
Total Net Assets Fund Balance$-30,939$-7,209▲ $23,730
Total Liabilities and Net Assets / Fund Balance$85,747$3,039▼ $82,708
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian MullinsDirector
David LorenziniDirector
Tom EmrichDirector
Ori InbarCEO
Tish ShuteContent Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,282
Investment Income
$0
Other Revenue
$57,678
Change in Net Assets
$23,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,230
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 Accounting---$18,788
Conferences and Meetings---$5,444
Advertising---$3,254
Depreciation Depletion---$2,331
Information Technology---$2,092
Insurance---$1,522
Fees for Services Legal---$1,329
Office Expenses---$376
Fees for Services Management---$74
Travel---$20
Total Functional Expenses$0$0$0$35,230
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-SINGLE MEMBER LLC OWNED 100% BY ORI INBAR, AN OFFICER AND DIRECTOR OF ORGOn 12/17/20, Entered Into a Worldwide Nonexclusive Royalty Agreement With Organization. Royalty Payments Are a Percentage of Gross Revenue Recognized From Intangible Assets.No$50,728
-Officer and Director of OrganizationN 12/17/20, Entered Into a Worldwide Nonexclusive Royalty Agreement With Organization. Royalty Payments Are a Percentage of Gross Revenue Recognized From Intangible Assets.No$50,728

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$97,118$-495▼ $97,613
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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 A, Line 6

Classes of members or stockholders ar.org currently has only one level of membership: individual. Individuals may become ar.org members for a nominal fee of $99. Benefits of membership are twofold: discounted pricing to ar.org events (such as the awe tradeshow every june), and gratis research and industry white papers, when available.

Form 990, Part VI, Section A, Line 7A

Election of members and their rights ar.org has members who may elect one of more members of the governing body.

Form 990, Part VI, Section B, Line 11B

Organization's process to review form 990 the form 990 is provided to the ceo for review and signature.

Form 990, Part VI, Section B, Line 12C

Form 990, part vi, line 12c - enforcement of conflicts policy each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands that in order to maintain its federal tax exemption, the corporation must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation the organization makes its governing documents and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
The Augmented Reality Organization
EIN
46-0772775
Phone
5036190505
Address
9450 SW GEMINI DRIVE 55425, BEAVERTON, OR 97008-7105

Signing Officer

Name
Ori Inbar
Title
CEO
Phone
5036190505
Signed
2023-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ori Inbar
Formed
2012
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Schofer Dillberg & Company Inc
Address
190 N MAIN STREET THIRD FLOOR, NATICK, MA 01760
Preparer
Mark Schofer
Phone
5085458405
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERS OR STOCKHOLDERS AR.ORG CURRENTLY HAS ONLY ONE LEVEL OF MEMBERSHIP: INDIVIDUAL. INDIVIDUALS MAY BECOME AR.ORG MEMBERS FOR A NOMINAL FEE OF $99. BENEFITS OF MEMBERSHIP ARE TWOFOLD: DISCOUNTED PRICING TO AR.ORG EVENTS (SUCH AS THE AWE TRADESHOW EVERY JUNE), AND GRATIS RESEARCH AND INDUSTRY WHITE PAPERS, WHEN AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF MEMBERS AND THEIR RIGHTS AR.ORG HAS MEMBERS WHO MAY ELECT ONE OF MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE FORM 990 IS PROVIDED TO THE CEO FOR REVIEW AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, THE CORPORATION MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0SMLLC OWNED 100 BY ORI INBAR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0861331380
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0EVENT REGISTRATION
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0HOSTING CONFERENCE EVENTS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0AWE XR LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0407 E 12TH STREET 4FSE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd010009
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd01
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0AWE XR LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1AWE XR LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0A
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt085747
IRS990/TotalAssetsEOYAmt03039
IRS990/TotalAssetsGrp/BOYAmt085747
IRS990/TotalAssetsGrp/EOYAmt03039
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt035230
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0116686
IRS990/TotalLiabilitiesEOYAmt010248
IRS990/TotalLiabilitiesGrp/BOYAmt0116686
IRS990/TotalLiabilitiesGrp/EOYAmt010248
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-30939
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-7209
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt05444
IRS990/TotalProgramServiceRevenueAmt01282
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt058960
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt058960
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt085747
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03039
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt020
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09450 SW GEMINI DRIVE 55425
IRS990/USAddress/CityNm0BEAVERTON
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097008
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.AUGMENTEDREALITY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ORI INBAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05036190505
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE AUGMENTED REALITY ORGANIZATION
ReturnHeader/Filer/BusinessNameControlTxt0AUGM
ReturnHeader/Filer/EIN0460772775
ReturnHeader/Filer/PhoneNum05036190505
ReturnHeader/Filer/USAddress/AddressLine1Txt09450 SW GEMINI DRIVE 55425
ReturnHeader/Filer/USAddress/CityNm0BEAVERTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd0970087105
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464122151
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHOFER DILLBERG & COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0190 N MAIN STREET THIRD FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NATICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001760
ReturnHeader/PreparerPersonGrp/PhoneNum05085458405
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK SCHOFER
ReturnHeader/ReturnTs02023-11-15T09:50:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ORI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0INBAR
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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