Civic Intelligence

Ifpw Foundation

990 • Fiscal year 2020 • EIN 46-1554531

Jan 01, 2020 to Dec 31, 2020 • Filed on May 18, 2021

10569 Crestwood DrManassas, VA 20109-3406

(703) 331-3142

Siviq Scores

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

Liabilities / Assets

94th percentile

0.99x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

11.83x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

7th percentile

-114%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

64th percentile

17%

Faster asset growth than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-94%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$310,393

Up $44,020 (+17%) from 2019

Net Assets

Down

$4,411

Down $29,429 (-87%) from 2019

Liabilities

Up

$305,982

Up $73,449 (+32%) from 2019

Revenue

Down

$25,866

Down $395,421 (-94%) from 2019

Expenses

Down

$55,295

Down $720,121 (-93%) from 2019

Net Income

Up

-$29,429

Up $324,700 (+92%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2016: $502,266Liabilities 2016: $158,191Net Assets 2016: $344,0752016Assets 2017: $359,894Liabilities 2017: $228,116Net Assets 2017: $131,7782017Assets 2018: $404,401Liabilities 2018: $16,432Net Assets 2018: $387,9692018Assets 2019: $266,373Liabilities 2019: $232,533Net Assets 2019: $33,8402019Assets 2020: $310,393Liabilities 2020: $305,982Net Assets 2020: $4,4112020Assets 2021: $283,992Liabilities 2021: $122,000Net Assets 2021: $161,9922021Assets 2022: $248,550Liabilities 2022: $123,586Net Assets 2022: $124,9642022Assets 2023: $215,865Liabilities 2023: $143,628Net Assets 2023: $72,2372023Assets 2024: $79,030Liabilities 2024: $123,464Net Assets 2024: -$44,4342024Assets 2025: $202,636Liabilities 2025: $195,155Net Assets 2025: $7,4812025

Highlighted filing

2020

Assets$310,393
Liabilities$305,982
Net Assets$4,411

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $753,483Expenses 2016: $367,806Net Income 2016: $385,6772016Revenue 2017: $157,001Expenses 2017: $359,298Net Income 2017: -$202,2972017Revenue 2018: $1,132,345Expenses 2018: $875,726Net Income 2018: $256,6192018Revenue 2019: $421,287Expenses 2019: $775,416Net Income 2019: -$354,1292019Revenue 2020: $25,866Expenses 2020: $55,295Net Income 2020: -$29,4292020Revenue 2021: $247,594Expenses 2021: $90,013Net Income 2021: $157,5812021Revenue 2022: $169,817Expenses 2022: $206,845Net Income 2022: -$37,0282022Revenue 2023: $212,286Expenses 2023: $265,013Net Income 2023: -$52,7272023Revenue 2024: $264,956Expenses 2024: $381,627Net Income 2024: -$116,6712024Revenue 2025: $417,201Expenses 2025: $365,286Net Income 2025: $51,9152025

Highlighted filing

2020

Revenue$25,866
Expenses$55,295
Net Income-$29,429
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 18, 2021
Return Version
2020v4.0
Gross Receipts
$25,866
Mission and Program Overview

Mission

Supports organizations and initiatives that improve the availability of vaccines, medicines and other healthcare products to those in need worldwide through a variety of educational and charitable activities, including those focused on pharmaceutical supply chain improvements.

Supports organizations and initiatives that improve the availability of vaccines, medicines and other health care products to those in need worldwide through a variety of educational and charitable activities, including those focused on pharmaceutical supply chain improvements.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$152,464$153,310▲ $846
Cash and Non-Interest-Bearing Accounts$62,636$107,685▲ $45,049
Accounts Receivable$7,500$31,517▲ $24,017
Prepaid Expenses and Deferred Charges$43,773$17,881▼ $25,892
Rtn Earn Endowment Incm Other Fnds$33,840$4,411▼ $29,429
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
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$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$266,373$310,393▲ $44,020
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$215,169$215,169→ $0
Deferred Revenue$15,000$89,575▲ $74,575
Accounts Payable and Accrued Expenses$2,364$1,238▼ $1,126
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$232,533$305,982▲ $73,449
Net Assets / Fund Balance
Total Net Assets Fund Balance$33,840$4,411▼ $29,429
Total Liabilities and Net Assets / Fund Balance$266,373$310,393▲ $44,020
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve CollisChairman
Mark ParrishPresident
Elias Solomon NaderVice Chairman
Brian TylerTrustee
Jean-Marc LecciaTrustee
Ornella BarraTrustee
Tom VanmolkotTrustee
Christopher GoetzExecutive VP
Revenue and Support

Revenue Composition

Contributions and Grants
$25,020
Program Service Revenue
$0
Investment Income
$846
Other Revenue
$0
All Other Contributions
$20
Change in Net Assets
$-29,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$55,295
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$14,084$40,476$0$54,560
Insurance$0$475$0$475
Information Technology$0$120$0$120
Office Expenses$0$51$0$51
Other Expenses$0$25$0$25
Travel$0$20$0$20
Total Functional Expenses$14,084$41,211$0$55,295
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

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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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
Yes

Governance Explanations

Part VI, Line 2

| Employee:, Relationship:, Employee:| Ornella Barra, Business Relationship, Steve Collis| Ornella Barra, Business Relationship, Brian Tyler|

Part VI, Line 3

| Name of the management:, Compensated any employees:, Total no.of employees compensated:, Reportable compensation:, Other compensation:| GLS&M, Inc, No, 0, , |

Part VI, Section A, Line 7A

| Class of the Person:, Nature of their rights:| Trustee, The organization has 6 Trustees confirmed by the Board of a related organization. The organization's bylaws allow for up to an additional 9 Trustees to be appointed.|

Part VI, line 9

| Name of the person:, Address of the person:| Elias Salomon Nader, Farmacos Nacionales, Dr. Pasteur No. 93 Col. Doctores, Cuauhtemoc, Cuidad De Mexico, Mexico, 06720| Ornella Barra, Walgreens Boots Alliance, 108 Wilmont Road, Deerfield, IL, 60015| Steven Collis, AmerisourceBergen Corp, 227 Washingrton St., Conshohocken, PA, 19428| Jean-Marc Leccia, Eurapharma, 18 Rue Troyon, Servres, Cedex, France, F92316| Brian Tyler, McKesson Corp, 6555 State Hwy 161, Irving, TX, 75039| Tom Vanmolkot, Zuelling Pharma, 47 Scots Road, 10-00 Goldball Tower, Singapore, Singapore, Singapore, 228233|

Part VI, Section B, Line 11A

The Form 990 is prepared internally, reviewed by the organization's Executive VP and then reviewed by the organization's managing agent before filing.

Part VI, Section B, Line 11B

The Form 990 is prepared internally, reviewed by the organization's Executive VP and then reviewed by the organization's managing agent before filing.

Part VI, Section B, Line 12C

Collected annual statements for Officers and Trustees attesting receipt of the policy, awareness of what would constitute a conflict, and assurance that no activity occurred.

Part VI, Section C, Line 19

The organization makes it's financial information available to the public in abbreviated form via it's website and in entirety upon request. Governing documents are available online or upon request, depending on the document.

Filing and Contact Details

Filer

Filer Name
Ifpw Foundation
EIN
46-1554531
In Care Of
% Christopher Goetz
Address
10569 CRESTWOOD DR, MANASSAS, VA 20109-3406

Signing Officer

Name
Christopher P Goetz
Title
Vice President
Signed
2021-05-18
Discuss with paid preparer
No

Organization Details

Principal Officer
Christopher Goetz
Formed
2012
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0
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