Civic Intelligence

HR Policy Foundation

990 • Fiscal year 2019 • EIN 46-1235833

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 19, 2020

1001 19th Street North Suite 1002Arlington, VA 22209

(202) 315-5494

Siviq Scores

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

Liabilities / Assets

96th percentile

1.42x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

0.37x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

6th percentile

-51%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

2nd percentile

-68%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

7th percentile

-41%

Faster revenue growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$172,237

Down $371,314 (-68%) from 2018

Net Assets

Down

-$73,002

Down $336,072 (-128%) from 2018

Liabilities

Down

$245,239

Down $35,242 (-13%) from 2018

Revenue

Down

$654,841

Down $446,870 (-41%) from 2018

Expenses

Down

$990,981

Down $159,375 (-14%) from 2018

Net Income

Down

-$336,140

Down $287,495 (-591%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2013: $1,996,058Liabilities 2013: $0Net Assets 2013: $1,996,0582013Assets 2014: $1,647,329Liabilities 2014: $93,895Net Assets 2014: $1,553,4342014Assets 2015: $688,113Liabilities 2015: $107,669Net Assets 2015: $580,4442015Assets 2016: $507,465Liabilities 2016: $191,931Net Assets 2016: $315,5342016Assets 2017: $629,795Liabilities 2017: $318,002Net Assets 2017: $311,7932017Assets 2018: $543,551Liabilities 2018: $280,481Net Assets 2018: $263,0702018Assets 2019: $172,237Liabilities 2019: $245,239Net Assets 2019: -$73,0022019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$172,237
Liabilities$245,239
Net Assets-$73,002

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $2,000,575Expenses 2013: $506Net Income 2013: $2,000,0692013Revenue 2014: $877,200Expenses 2014: $1,323,690Net Income 2014: -$446,4902014Revenue 2015: $863,085Expenses 2015: $1,830,275Net Income 2015: -$967,1902015Revenue 2016: $1,038,061Expenses 2016: $1,303,480Net Income 2016: -$265,4192016Revenue 2017: $1,258,577Expenses 2017: $1,264,140Net Income 2017: -$5,5632017Revenue 2018: $1,101,711Expenses 2018: $1,150,356Net Income 2018: -$48,6452018Revenue 2019: $654,841Expenses 2019: $990,981Net Income 2019: -$336,1402019Revenue 2020: $238,439Expenses 2020: $165,437Net Income 2020: $73,0022020

Highlighted filing

2019

Revenue$654,841
Expenses$990,981
Net Income-$336,140
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 19, 2020
Return Version
2019v5.1
Gross Receipts
$674,796
Mission and Program Overview

Mission

Hr policy foundation focuses on the analysis of, and commentary on workforce development policy, employment benefits policy, workplace and and employment policy, as well as related educational programs, designed to promote job growth, health and employment security, and improve the workforce and policies that govern how employers hire, manage and compensate employees.

Supports research and education initiatives to promote job growth, employment security and better employment practices and policies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$227,062$134,002▼ $93,060
Cash and Non-Interest-Bearing Accounts$287,524$29,550▼ $257,974
Investments in Publicly Traded Securities$27,696$7,483▼ $20,213
Prepaid Expenses and Deferred Charges$1,167$1,169▲ $2
Accounts Receivable$102$33▼ $69
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$543,551$172,237▼ $371,314
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$215,480$215,480→ $0
Accounts Payable and Accrued Expenses$65,001$29,759▼ $35,242
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$280,481$245,239▼ $35,242
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$263,070$-73,002▼ $336,072
Total Net Assets Fund Balance$263,070$-73,002▼ $336,072
Total Liabilities and Net Assets / Fund Balance$543,551$172,237▼ $371,314

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$134,002$418,860$552,862
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pamela O KimmetChair
Daniel V YagerPresident
David a RodriguezVice Chair
L Kevin CoxVice Chair
Mara E SwanVice Chair
Marcia J AvedonVice Chair
Monique R HerenaVice Chair
Henry D EickelbergSecretary
Timothy J BartlTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Aguilar Consulting LLCProf Services600 N KINGSBURY ST APT 1901, Chicago, IL 60654$205,301
Tributary LLPManagement Services1001 19TH STREET NORTH STE 1002, Arlington, VA 22209$195,000
Akron INCIt Consulting1100 13TH STREET NW SUITE 850, Washington, DC 20005$143,160
Revenue and Support

Revenue Composition

Contributions and Grants
$652,403
Program Service Revenue
$0
Investment Income
$2,438
Other Revenue
$0
All Other Contributions
$15,000
Change in Net Assets
$-336,140
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$990,981
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$241,197$257,549-$498,746
Depreciation Depletion$92,575$13,545-$106,120
Fees for Services Other$99,000--$99,000
Fees for Services Legal$48,927--$48,927
Travel$17,840--$17,840
Advertising$17,680--$17,680
Other Expenses$487$3,904$0$3,904
Insurance-$1,916-$1,916
Office Expenses$316$1,532-$1,848
Total Functional Expenses$683,884$307,097$0$990,981
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tributary LlpManagement CompanySee Part VNo$195,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Hr Policy Association$215,480
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

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

A copy of the form 990 is provided to each member of the board for review and comments by either regular mail or by e-mail prior to filing of the return if such review can be completed before the filing deadline. Should the filing deadline prohibit a review prior to filing, such review will be completed as soon thereafter as possible.

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

Pursuant to the conflict of interest policy, board members will be given the opportunity each year to review any large transactions not already reviewed at board meetings before such transaction if feasible, or as soon as practicable after the transaction if not feasible. Each board of director also signs an acknowledgment of the conflict of interest policy annually.

Form 990, Part VI, Section B, Line 15

There was no compensation in 2019.

Form 990, Part VI, Section C, Line 19

The foundation considers requests for documents which are not otherwise required by law to be made publicly available.

Form 990, Part VI, Section A, Line 3

The foundation has entered into management and support arrangements with tributary llp (formerly mcguiness, yager & bartl, llp) to manage its day to day operations and to provide office space for the foundation's primary offices and personnel services.

Form 990, Part VI, Section A, Lines 6, 7A & 7B

The HR Policy Association (the Association) Board of Directors authorized the creation of HR Policy Foundation (the Foundation), a 501(c)(3) nonprofit corporation organized under the laws of the District of Columbia that is a supporting organization under Section 509(a)(3) of the Code, and is intended to provide research and education in certain areas that are consistent with the Association. As such, the Association is the only member of the Foundation.

Filing and Contact Details

Filer

Filer Name
Hr Policy Foundation
EIN
46-1235833
In Care Of
% THE FOUNDATION
Phone
2023155494
Address
1001 19th Street North Suite 1002, Arlington, VA 22209

Signing Officer

Name
Timothy J Bartl
Title
Treasurer
Phone
2027898670
Signed
2020-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Yager President
Formed
2013
Legal Domicile
Dc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Sarfino and Rhoades Llp
Address
11921 ROCKVILLE PIKE SUITE 501, NORTH BETHESDA, MD 20852-2794
Preparer
David Himes
Phone
3017705500
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Hr policy foundation focuses on the analysis of, and commentary on workforce development policy, employment benefits policy, workplace and employment policy, as well as related educational programs, designed to promote job growth, health and employment security, and improve the workforce and policies that govern how employers hire, manage and compensate employees.

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