Civic Intelligence

The Far Institute Inc

EIN 46-0884268 • 501(c)3 • Sarasota, FL

Profile

Fari's intent is to improve healthcare delivery by performing and supporting research to develop and utilize innovative techniques for analysis of data within electronic medical records.

8632 Dunmmore DrSarasota, FL 34231
Siviq Scores

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

Liabilities / Assets

99th percentile

25.18x

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

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

100th percentile

182.95x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

25th percentile

-17%

Higher net margin than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

49th percentile

-2.3%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

100th percentile

19900%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$14,530

Down $347 (-2.3%) from 2020

Liabilities

Flat

$365,891

Flat from 2020

Net Assets

Down

-$351,361

Down $347 (-0.1%) from 2020

Operations
Liabilities / Revenue100th percentileNet Margin25th percentile

Revenue

Up

$2,000

Up $1,990 (+19900%) from 2020

Expenses

Down

$2,347

Down $7,529 (-76%) from 2020

Net Income

Up

-$347

Up $9,519 (+96%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

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

$400K$200K$0-$200K-$400KAssets 2013: $266Liabilities 2013: $02013Assets 2015: $33,807Liabilities 2015: $101,750Net Assets 2015: -$67,9432015Assets 2016: $54,978Liabilities 2016: $121,291Net Assets 2016: -$66,3132016Assets 2017: $125,616Liabilities 2017: $180,683Net Assets 2017: -$55,0672017Assets 2018: $18,486Liabilities 2018: $297,875Net Assets 2018: -$279,3892018Assets 2019: $24,743Liabilities 2019: $365,891Net Assets 2019: -$341,1482019Assets 2020: $14,877Liabilities 2020: $365,891Net Assets 2020: -$351,0142020Assets 2021: $14,530Liabilities 2021: $365,891Net Assets 2021: -$351,3612021

Highlighted filing

2021

Assets$14,530
Liabilities$365,891
Net Assets-$351,361
Open 2021 Filing

Operations Trend

Revenue Growth100th percentile

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

$600K$400K$200K$0-$200K-$400KRevenue 2013: $52,100Expenses 2013: $51,834Net Income 2013: $2662013Revenue 2015: $51,774Expenses 2015: $74,877Net Income 2015: -$23,1032015Revenue 2016: $240,750Expenses 2016: $239,120Net Income 2016: $1,6302016Revenue 2017: $380,000Expenses 2017: $368,754Net Income 2017: $11,2462017Revenue 2018: $217,964Expenses 2018: $442,286Net Income 2018: -$224,3222018Revenue 2019: $150,905Expenses 2019: $212,663Net Income 2019: -$61,7582019Revenue 2020: $10Expenses 2020: $9,876Net Income 2020: -$9,8662020Revenue 2021: $2,000Expenses 2021: $2,347Net Income 2021: -$3472021

Highlighted filing

2021

Revenue$2,000
Expenses$2,347
Net Income-$347
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,530
Liabilities
$365,891
Net assets
-$351,361
Revenue
$2,000
Expenses
$2,347
Net income
-$347
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.15$3.66$3.51$0.02$0.02$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.15$3.66$3.51$0.00$0.10$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.25$3.66$3.41$1.51$2.13$0.62
2018Detailed filing. Detailed filing data is available for this year.$0.18$2.98$2.79$2.18$4.42$2.24
2017Detailed filing. Detailed filing data is available for this year.$1.26$1.81$0.55$3.80$3.69$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.55$1.21$0.66$2.41$2.39$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.34$1.02$0.68$0.52$0.75$0.23
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.52$0.52$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 21, 2022
Return Version
2021v4.2
Gross Receipts
$2,000
Mission and Program Overview

Mission

Improve healthcare delivery by performing and supportin

Faris intent is to improve healthcare delivery by perf

Program Services

DescriptionGrantsExpenses
PROGRAM INITIATIVES INCLUDE LAB REFERENCE STUDIES ALZHEIMER DISEASE RESEARCH HOSPITALIST STUDIES MULTIPLE CHRONIC CONDITIONS RESEARCH-$1,995
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GDUNCAN FINLAYPresident CEOPT$0--
STEVEN I ROTHMANSecretarytreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
The Far Institute Inc
EIN
46-0884268
In Care Of
% GDUNCAN FINLAY
Phone
9415253047
Address
8632 DUNMMORE DR, SARASOTA, FL 34231

Signing Officer

Name
Gduncan Finlay
Title
President CEO
Phone
9415253047
Signed
2022-04-21
Discuss with paid preparer
Yes

Preparer

Firm
Jrs Business & Consulting Svcs
Address
4411 BEE RIDGE RD 310, SARASOTA, FL 34233
Preparer
Jeffery R Stevens
Phone
9419201394
Supplemental Narrative

Additional Explanations

Part I Line 16

“Other office expenses $374.00”

Part I Line 16

“Depreciation, depletion, and amortization $172.00”

Part II Line 24

“Accounts receivable, net. Beginning:$13480.00 Ending: $13480.00”

Part II Line 26

“Accounts payable and accrued expenses. Beginning:$365891.00 Ending: $365891.00”

Part III

“Fari's intent is to improve healthcare delivery by performing and”

Part III

“Supporting research to develop and utilize innovative techniques for”

Part III

“Analysis of data within electronic medical records.”

Raw XML Appendix150 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum09415253047
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08632 DUNMORE DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SARASOTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034231
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01139
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0964
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-347
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0470
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt014877
IRS990EZ/Form990TotalAssetsGrp/EOYAmt014530
IRS990EZ/GrossReceiptsAmt02000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0258
IRS990EZ/LandAndBuildingsGrp/EOYAmt086
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-351014
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-351361
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-351014
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-351361
IRS990EZ/OccupancyRentUtltsAndMaintAmt01331
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GDUNCAN FINLAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEVEN I ROTHMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARYTREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt013480
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013480
IRS990EZ/OtherExpensesTotalAmt0546
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FARIS INTENT IS TO IMPROVE HEALTHCARE DELIVERY BY PERF
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROGRAM INITIATIVES INCLUDE LAB REFERENCE STUDIES ALZHEIMER DISEASE RESEARCH HOSPITALIST STUDIES MULTIPLE CHRONIC CONDITIONS RESEARCH
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01995
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0365891
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0365891
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt02347
IRS990EZ/TotalProgramServiceExpensesAmt01995
IRS990EZ/TotalRevenueAmt02000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0150905
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0217964
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0380000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0750879
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0750879
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0150905
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0217964
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0380000
IRS990ScheduleA/Total509Grp/TotalAmt0750879
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0150905
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0217964
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0380000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0750879
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other office expenses $374.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation, depletion, and amortization $172.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts receivable, net. Beginning:$13480.00 Ending: $13480.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts payable and accrued expenses. Beginning:$365891.00 Ending: $365891.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FARI'S INTENT IS TO IMPROVE HEALTHCARE DELIVERY BY PERFORMING AND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SUPPORTING RESEARCH TO DEVELOP AND UTILIZE INNOVATIVE TECHNIQUES FOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANALYSIS OF DATA WITHIN ELECTRONIC MEDICAL RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART III
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GDUNCAN FINLAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09415253047
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FAR INSTITUTE INC
ReturnHeader/Filer/BusinessNameControlTxt0FARI
ReturnHeader/Filer/EIN0460884268
ReturnHeader/Filer/InCareOfNm0% GDUNCAN FINLAY
ReturnHeader/Filer/PhoneNum09415253047
ReturnHeader/Filer/USAddress/AddressLine1Txt08632 DUNMMORE DR
ReturnHeader/Filer/USAddress/CityNm0SARASOTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034231
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452387413
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JRS BUSINESS & CONSULTING SVCS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04411 BEE RIDGE RD 310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SARASOTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034233
ReturnHeader/PreparerPersonGrp/PhoneNum09419201394
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFERY R STEVENS
ReturnHeader/ReturnTs02022-04-21T16:36:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GDUNCAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FINLAY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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