Civic Intelligence

The V Kann Rasmussen Foundation Inc.

990PF • Fiscal year 2020 • EIN 46-2283123

Jul 01, 2019 to Jun 30, 2020 • Filed on May 11, 2021

475 Riverside Drive No 900New York, NY 10115

(212) 812-4271

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE T • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE T • $50M-$100M nonprofits • Source year 2020

Net Margin

10th percentile

-165%

Higher net margin than 10% of similar nonprofits.

2020 filings • NTEE T • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

54th percentile

$20,000

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2020 filings • NTEE T • $50M-$100M nonprofits • Source year 2020

Asset Growth

36th percentile

0.1%

Faster asset growth than 36% of similar nonprofits.

2020 filings • NTEE T • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-51%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • NTEE T • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Up

$90,058,142

Up $108,685 (+0.1%) from 2019

Net Assets

Up

$90,058,142

Up $108,685 (+0.1%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$2,545,982

Down $2,676,107 (-51%) from 2019

Expenses

Up

$6,751,816

Up $3,244,308 (+92%) from 2019

Net Income

Down

-$4,205,834

Down $5,920,415 (-345%) from 2019

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $1Liabilities 2014: $02014Assets 2015: $78,846,184Liabilities 2015: $02015Assets 2019: $89,949,457Liabilities 2019: $0Net Assets 2019: $89,949,4572019Assets 2020: $90,058,142Liabilities 2020: $0Net Assets 2020: $90,058,1422020Assets 2021: $114,406,258Liabilities 2021: $0Net Assets 2021: $114,406,2582021Assets 2022: $97,895,330Liabilities 2022: $0Net Assets 2022: $97,895,3302022Assets 2023: $94,569,167Liabilities 2023: $0Net Assets 2023: $94,569,1672023Assets 2024: $88,235,809Liabilities 2024: $0Net Assets 2024: $88,235,8092024

Highlighted filing

2020

Assets$90,058,142
Liabilities$0
Net Assets$90,058,142

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2013: $1Expenses 2013: $0Net Income 2013: $12013Revenue 2014: $1Expenses 2014: $0Net Income 2014: $12014Revenue 2015: $105,925Expenses 2015: $0Net Income 2015: $105,9252015Revenue 2019: $5,222,089Expenses 2019: $3,507,508Net Income 2019: $1,714,5812019Revenue 2020: $2,545,982Expenses 2020: $6,751,816Net Income 2020: -$4,205,8342020Revenue 2021: $8,880,386Expenses 2021: $6,636,169Net Income 2021: $2,244,2172021Revenue 2022: $4,853,565Expenses 2022: $9,547,399Net Income 2022: -$4,693,8342022Revenue 2023: $4,807,087Expenses 2023: $9,098,331Net Income 2023: -$4,291,2442023Revenue 2024: $1,829,600Expenses 2024: $8,755,662Net Income 2024: -$6,926,0622024

Highlighted filing

2020

Revenue$2,545,982
Expenses$6,751,816
Net Income-$4,205,834
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 11, 2021
Return Version
2019v5.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR LOIS EH SMITH PORTERTrustee And Treasurer-$20,000-$20,000
ASTRID KANN-RASMUSSENTrustee And Board Chairman-$10,000-$10,000
HANS KANN RASMUSSENTrustee And Vice Chairman-$10,000-$10,000
KRISTIAN KANN RASMUSSENTrustee-$10,000-$10,000
SOREN HERMANSENTrustee - Term Ended 12/31/19-$5,000-$5,000
ANDREW BOWMANTrustee - Term Started 5/1/2020-$5,000-$5,000
Filing and Contact Details

Filer

Filer Name
V Kann Rasmussen Foundation Inc
EIN
46-2283123
Phone
2128124271
Address
475 RIVERSIDE DRIVE NO 900, NEW YORK, NY 10115

Signing Officer

Name
Irene Krarup
Title
Executive Director
Phone
2128124271
Signed
2021-05-11
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
20 COMMERCE DRIVE SUITE 301, CRANFORD, NJ 07016
Preparer
Scott Brown
Phone
9082726200
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AccountingFeesSchedule/AccountingFeesDetail/Amt137000
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0DEMASCO, SENA & JAHELKA - BOOKKEEPING
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt1PKF O'CONNOR DAVIES LLP - AUDIT AND TAX
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AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt125600
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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0FORM 990-PF, PART XV, LINE 2
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0SUPPLEMENTARY INFORMATION
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0OUR CURRENT PROGRAM AREAS:THE URGENCY OF DEALING WITH CLIMATE CHANGE, UNSUSTAINABLE CONSUMPTION, AND LOSS OF BIODIVERSITY ARE THE OVERALL THEMES FOR THE V. KANN RASMUSSEN FOUNDATION. WE PRIMARILY WORK IN THE UNITED STATES, BUT ONLY ON NATIONAL AND INTERNATIONAL LEVEL ISSUES. ANY NON-US FUNDING MUST BE MULTINATIONAL IN SCOPE AND NOT FOCUS ON ANY SPECIFIC COUNTRY, REGION, OR CONTINENT.WE FAVOR PROJECTS THAT:-TAKE STOCK OF THE SCALE OF ENVIRONMENTAL PROBLEMS-USE A SYSTEMS APPROACH TO ACHIEVE CHANGE-LINK POLICY, ADVOCACY, AND PRACTICAL SOLUTION-HAVE INTERNATIONAL SIGNIFICANCE AND PERSPECTIVE, EVEN IF US BASED-ARE BASED ON ORIGINAL THINKING AND CREATIVE IDEASOUR TYPICAL GRANTEES ARE SMALL OR MIDSIZE ORGANIZATIONS WITH DEMONSTRATED LEADERSHIP IN DEVELOPING STRATEGY, COMMUNICATING VISION, AND WITH EFFECTIVE PROJECT PERFORMANCE. WE DO NOT PROVIDE CORE FUNDING. CURRENTLY, WE ONLY EVALUATE PROJECTS THAT FALL WITHIN ONE OF THE FOLLOWING CATEGORIES:CULTURAL RESILIENCE AND GLOBAL LEADERSHIP UNDER THE CONDITIONS OF ENVIRONMENTAL BREAKDOWN-DEVELOPMENT OF SYSTEMS-LEVEL RESPONSES TO ECOLOGICAL, ECONOMIC, AND SOCIAL STRESSES/DESTABILIZATION/COLLAPSE-FURTHERANCE OF RESEARCH RELATED TO OUR PSYCHOLOGICAL AND SOCIAL CAPACITIES FOR DEALING WITH SERIOUS CLIMATE CHANGE, TIPPING POINTS, AND THE COLLAPSE OF NATURAL SYSTEMS-EXPLORATION OF SOCIOCULTURAL TRANSFORMATIONS AND STRATEGIC PLANNING FRAMEWORKS THAT CAN ENHANCE MITIGATION UNDER THE CONDITIONS OF ENVIRONMENTAL BREAKDOWN-DEVELOPMENT OF LEADERSHIP TOOLS AND PRACTICES THAT CAN BE WIDELY AND RAPIDLY ADOPTED UNDER THE CONDITIONS OF ENVIRONMENTAL BREAKDOWNINFRASTRUCTURE AND COMMUNICATIONS SUPPORT TO THE CLIMATE MOVEMENT-SUPPORT OF YOUNG ADVOCATES TO BECOME FUTURE MOVEMENT LEADERS-NETWORK-BUILDING, COORDINATION, AND KNOWLEDGE SHARING ACROSS DISCIPLINES AND MOVEMENTS-TOOLS TO ENSURE THE WIDEST PUBLIC COMMUNICATION AND UNDERSTANDING OF CLIMATE SCIENCEPETROCHEMICALS AND CLIMATE -ANALYSIS OF DATA AND AUDITING OF LIFE-CYCLE GREENHOUSE GAS EMISSIONS ORIGINATING FROM THE PRODUCTION OF PETROCHEMICALS AND THE MANUFACTURING OF PRODUCTS FROM THEMTHE NEED FOR GOVERNANCE OF CLIMATE GEOENGINEERING IN ADDITION, THE FOUNDATION HAS A NUMBER OF ONGOING MULTIYEAR GRANTS THAT RELATE TO THE URGENT NEED FOR GOVERNANCE AND LEGAL FRAMEWORKS RELATED TO RESEARCH AND DEPLOYMENT OF CLIMATE GEOENGINEERING.VKRF DOES NOT FUND:- FOR-PROFIT ORGANIZATIONS- GENERAL OPERATIONS OF WELL-ESTABLISHED NGO PROGRAMS- LARGE MEMBERSHIP ORGANIZATIONS- CANDIDATES FOR POLITICAL OFFICE- US PROJECTS WITH A SPECIFIC LOCAL, STATE, OR REGIONAL FOCUS (EXCEPTION: GREENWOOD AREA, SC)- NON-US PROJECTS FOCUSED ON SINGLE COUNTRIES OR SPECIFIC CONTINENTS.- CONSERVATIVE PROJECTS FOCUSED ON ONE SINGLE SPECIES- GOVERNMENT ORGANIZATIONS- INDIVIDUAL SCHOLARSHIPS OR OTHER INDIVIDUAL SUPPORT- BOOK OR MAGAZINE PUBLISHING- FILM, TV, RADIO, OR VIDEO PROJECTS- MEDICAL RESEARCH- HEALTH CARE- LARGE UNIVERSITY RESEARCH PROGRAMS- ORGANIZATIONS WHOSE JOB IT IS TO RE-GRANT FUNDING RECEIVED- CAPITAL CONSTRUCTION OR ENDOWMENT CAMPAIGNS- BENEFITS OR ANNUAL FUND-RAISING CAMPAIGNSGUIDELINES FOR SUBMITTING LETTERS OF INQUIRY:VKRF NORMALLY HAS TWO ANNUAL OPEN SUBMISSIONS FOR A TWO-PAGE LETTER OF INQUIRY (LOI), SUPPLEMENTED BY A MAXIMUM TWO-PAGE BUDGET AND A COPY OF APPLICANT'S 501(C)3 CERTIFICATION. BASED ON THE BOARD'S EVALUATION OF LOIS, A VERY LIMITED NUMBER OF APPLICANTS WILL BE INVITED TO SEND IN A FULL PROPOSAL. THE REVIEW PROCESS IS COMPLETED EIGHT TO TEN WEEKS FROM THE DEADLINE.VKRF TYPICALLY RECEIVES UP TO 200+ LOIS BY THE SUBMISSION DEADLINE. OF THESE, ONLY TEN TO TWENTY CAN BE INVITED TO SUBMIT A FULL PROPOSAL. UNFORTUNATELY, THIS MEANS THAT MANY WORTHY PROJECTS WILL NOT RECEIVE FUNDING IN ANY GIVEN ROUND. DUE TO THE VOLUME OF LOIS RECEIVED, THE VKRF STAFF MEMBERS DO NOT HAVE THE ABILITY TO OFFER FEEDBACK EXCEPT FOR THOSE INVITED TO SUBMIT A FULL PROPOSAL. PLEASE BE AWARE THAT EACH APPLICANT IS LIMITED TO SUBMITTING A MAXIMUM OF TWO LOIS. ALL APPLICANTS MUST HAVE A US 501(C)(3
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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • NTEE T20 • $50M-$100M nonprofits