Civic Intelligence

Independence First Foundation Inc.

990 • Fiscal year 2019 • EIN 46-2941274

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 07, 2020

Organization ProfileWWW.INDEPENDENCEFIRST.ORG
540 S 1st StMilwaukee, WI 53204-1605

(414) 291-7520

Siviq Scores

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

Liabilities / Assets

20th percentile

0.02x

Higher debt load relative to assets than 20% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.45x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

2nd percentile

-191%

Higher net margin than 2% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

56th percentile

$194,134

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

56th percentile

5.3%

Faster asset growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-47%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$20,127,493

Up $1,006,507 (+5.3%) from 2018

Net Assets

Up

$19,625,542

Up $650,889 (+3.4%) from 2018

Liabilities

Up

$501,951

Up $355,618 (+243%) from 2018

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin2nd percentile

Revenue

Down

$1,121,043

Down $1,012,419 (-47%) from 2018

Expenses

Up

$3,260,182

Up $2,222,062 (+214%) from 2018

Net Income

Down

-$2,139,139

Down $3,234,481 (-295%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$30M$20M$10M$0Assets 2013: $17,004,839Liabilities 2013: $633,716Net Assets 2013: $16,371,1232013Assets 2014: $17,704,316Liabilities 2014: $534,529Net Assets 2014: $17,169,7872014Assets 2015: $19,095,094Liabilities 2015: $1,718,616Net Assets 2015: $17,376,4782015Assets 2016: $20,317,471Liabilities 2016: $1,452,395Net Assets 2016: $18,865,0762016Assets 2017: $20,798,825Liabilities 2017: $160,709Net Assets 2017: $20,638,1162017Assets 2018: $19,120,986Liabilities 2018: $146,333Net Assets 2018: $18,974,6532018Assets 2019: $20,127,493Liabilities 2019: $501,951Net Assets 2019: $19,625,5422019Assets 2020: $17,262,929Liabilities 2020: $13,267Net Assets 2020: $17,249,6622020Assets 2021: $18,363,879Liabilities 2021: $15,979Net Assets 2021: $18,347,9002021Assets 2022: $14,839,162Liabilities 2022: $13,735Net Assets 2022: $14,825,4272022Assets 2023: $15,909,734Liabilities 2023: $14,585Net Assets 2023: $15,895,1492023Assets 2024: $16,601,650Liabilities 2024: $15,149Net Assets 2024: $16,586,5012024

Highlighted filing

2019

Assets$20,127,493
Liabilities$501,951
Net Assets$19,625,542
Open 2019 Filing

Operations Trend

Revenue Growth5th percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2013: $15,535,757Expenses 2013: $362,899Net Income 2013: $15,172,8582013Revenue 2014: $974,395Expenses 2014: $432,367Net Income 2014: $542,0282014Revenue 2015: $1,128,292Expenses 2015: $149,131Net Income 2015: $979,1612015Revenue 2016: $1,046,977Expenses 2016: $283,641Net Income 2016: $763,3362016Revenue 2017: $1,780,906Expenses 2017: $1,072,115Net Income 2017: $708,7912017Revenue 2018: $2,133,462Expenses 2018: $1,038,120Net Income 2018: $1,095,3422018Revenue 2019: $1,121,043Expenses 2019: $3,260,182Net Income 2019: -$2,139,1392019Revenue 2020: $401,385Expenses 2020: $4,473,266Net Income 2020: -$4,071,8812020Revenue 2021: $3,232,092Expenses 2021: $808,781Net Income 2021: $2,423,3112021Revenue 2022: $489,061Expenses 2022: $842,144Net Income 2022: -$353,0832022Revenue 2023: $591,102Expenses 2023: $914,397Net Income 2023: -$323,2952023Revenue 2024: $1,048,715Expenses 2024: $880,317Net Income 2024: $168,3982024

Highlighted filing

2019

Revenue$1,121,043
Expenses$3,260,182
Net Income-$2,139,139
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 7, 2020
Return Version
2019v5.1
Gross Receipts
$5,156,955
Mission and Program Overview

Mission

To support the charitable mission of IndependenceFirst, Inc. which is a community-based, non-residential independent living center in Milwaukee, WI.

Independencefirst foundation, inc. Supports the charitable mission of independencefirst, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$19,089,518$20,099,400▲ $1,009,882
Accounts Receivable$21,198$17,394▼ $3,804
Cash and Non-Interest-Bearing Accounts$10,270$10,699▲ $429
Total Assets$19,120,986$20,127,493▲ $1,006,507
Liabilities
Other Liabilities$132,164$487,595▲ $355,431
Accounts Payable and Accrued Expenses$14,169$14,356▲ $187
Total Liabilities$146,333$501,951▲ $355,618
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,812,540$17,076,670▲ $264,130
Net Assets With Donor Restrictions$2,162,113$2,548,872▲ $386,759
Total Net Assets Fund Balance$18,974,653$19,625,542▲ $650,889
Total Liabilities and Net Assets / Fund Balance$19,120,986$20,127,493▲ $1,006,507
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleOtherTotal
Tracy ThomasController$134,978$134,978
Kathleen MeisnerDirector of Independent Living Services$121,345$121,345
Jacob NowakInformation Technology Director/facilities Manager$111,826$111,826

Board Members and Trustees

NameTitle
Mike LipscombChair
Marcia BoucherPresident/CEO
Judy HaugslandDirector
Ron JodatDirector
Scott LuberDirector
Tom RaveDirector
Wendy HuotDirector of Business Services
Deb LanghamChief Operating Officer
Jesse WaukauSecretary
John LauberTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$203,150
Program Service Revenue
$0
Investment Income
$917,893
Other Revenue
$0
All Other Contributions
$81
Change in Net Assets
$-2,139,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,020,782
Other Expenses$159,371
Salaries, Compensation, and Employee Benefits$80,029
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,020,782--$3,020,782
Fees for Services Other$68,415$39-$68,454
Other Salaries and Wages$57,232$6,113-$63,345
Fees for Service Investment Mgmnt Fees-$59,309-$59,309
Other Employee Benefits$9,993$1,067-$11,060
Other Expenses-$8,100-$8,100
Office Expenses$5,818$2,282-$8,100
Fees for Services Legal-$7,126-$7,126
Payroll Taxes$3,897$416-$4,313
Occupancy$1,443$2,802-$4,245
Travel$2,018$215-$2,233
Pension Plan Contributions$1,184$127-$1,311
Insurance$654$218-$872
Interest$156$291-$447
Information Technology$182$54-$236
Fees for Services Accounting-$125-$125
Conferences and Meetings$70$7-$77
Advertising-$47-$47
Total Functional Expenses$3,171,844$88,338$0$3,260,182
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Independencefirst IncMilwaukee, WI501(c)(3)General Support$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Independencefirst, Inc.$368,094
Loan Guaranties$119,501
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“The organization changed its bylaws to designate independencefirst, inc. As a supported organization.”

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

“The prepared form 990 is reviewed by the members of the governing body before the return is filed with the irs.”

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

“Annually all directors and officers complete and sign a statement that provides information regarding their interests and those of their family members that could give rise to conflicts. The members of the governing body make determinations of whether a conflict exists and review actual conflicts. Any person with a conflict is prohibited from participating in the governing body's deliberations and decisions in the transaction.”

Form 990, Part VI, Section C, Line 19

“The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Independencefirst Foundation Inc
EIN
46-2941274
Phone
4142917520
Address
540 S 1ST ST, MILWAUKEE, WI 53204-1605

Signing Officer

Name
Marcia Boucher
Title
President/CEO
Phone
4142917520
Signed
2020-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcia Boucher
Formed
2013
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PLACE SUITE 300, MADISON, WI 53713-3074
Preparer
Jenny Tarkowski CPA
Phone
6082744020
Raw XML AppendixShowing 400 of 554 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt014169
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014356
IRS990/AccountsReceivableGrp/BOYAmt021198
IRS990/AccountsReceivableGrp/EOYAmt017394
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0INDEPENDENCEFIRST FOUNDATION, INC. SUPPORTS THE CHARITABLE MISSION OF INDEPENDENCEFIRST, INC.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt047
IRS990/AdvertisingGrp/TotalAmt047
IRS990/AllOtherContributionsAmt081
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0WENDY HUOT
IRS990/BooksInCareOfDetail/PhoneNum04142917520
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0540 S 1ST ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0MILWAUKEE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0532041605
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt010270
IRS990/CashNonInterestBearingGrp/EOYAmt010699
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt07
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt070
IRS990/ConferencesMeetingsGrp/TotalAmt077
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0203150
IRS990/CYGrantsAndSimilarPaidAmt03020782
IRS990/CYInvestmentIncomeAmt0917893
IRS990/CYOtherExpensesAmt0159371
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-2139139
IRS990/CYSalariesCompEmpBnftPaidAmt080029
IRS990/CYTotalExpensesAmt03260182
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01121043
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0INDEPENDENCEFIRST FOUNDATION, INC. SUPPORTED THE WISLOAN AND TELEWORK LOAN PROGRAMS PROVIDED BY INDEPENDENCEFIRST, INC. THESE PROGRAMS ARE ALTERNATIVE LOAN PROGRAMS FOR PERSONS WITH DISABILITIES WHO DESIRE TO PURCHASE ASSISTIVE DEVICES OR SERVICES OR COMPUTERS AND OTHER EQUIPMENT NEEDED AS ENTREPRENEURS TO START A HOME-BASED BUSINESS OR WORK FOR AN EMPLOYER OUT OF THEIR HOME. INDEPENDENCEFIRST FOUNDATION, INC. ALSO PROVIDED $3,020,782 IN GRANTS TO INDEPENDENCEFIRST, INC.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02162113
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02548872
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03171844
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0125
IRS990/FeesForServicesAccountingGrp/TotalAmt0125
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07126
IRS990/FeesForServicesLegalGrp/TotalAmt07126
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt039
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt068415
IRS990/FeesForServicesOtherGrp/TotalAmt068454
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt059309
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt059309
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt103.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt113.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt123.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt710833
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt821917
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt919445
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1012711
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1117784
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt129971
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE LIPSCOMB
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN LAUBER
IRS990/Form990PartVIISectionAGrp/PersonNm2JESSE WAUKAU
IRS990/Form990PartVIISectionAGrp/PersonNm3RON JODAT
IRS990/Form990PartVIISectionAGrp/PersonNm4SCOTT LUBER
IRS990/Form990PartVIISectionAGrp/PersonNm5JUDY HAUGSLAND
IRS990/Form990PartVIISectionAGrp/PersonNm6TOM RAVE
IRS990/Form990PartVIISectionAGrp/PersonNm7MARCIA BOUCHER
IRS990/Form990PartVIISectionAGrp/PersonNm8WENDY HUOT
IRS990/Form990PartVIISectionAGrp/PersonNm9TRACY THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm10DEB LANGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm11KATHLEEN MEISNER
IRS990/Form990PartVIISectionAGrp/PersonNm12JACOB NOWAK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7163831
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8142526
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9115533
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10181423
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11103561
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12101855
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR OF BUSINESS SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt9CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF INDEPENDENT LIVING SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt12INFORMATION TECHNOLOGY DIRECTOR/FACILITIES MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0425671
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt03020782
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03020782
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03020782
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04461583
IRS990/GrossReceiptsAmt05156955
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt054
IRS990/InformationTechnologyGrp/ProgramServicesAmt0182
IRS990/InformationTechnologyGrp/TotalAmt0236
IRS990/InsuranceGrp/ManagementAndGeneralAmt0218
IRS990/InsuranceGrp/ProgramServicesAmt0654
IRS990/InsuranceGrp/TotalAmt0872
IRS990/InterestGrp/ManagementAndGeneralAmt0291
IRS990/InterestGrp/ProgramServicesAmt0156
IRS990/InterestGrp/TotalAmt0447
IRS990/InvestmentIncomeGrp/ExclusionAmt0492222
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0492222
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt019089518
IRS990/InvestmentsPubTradedSecGrp/EOYAmt020099400
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04035912
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INDEPENDENCEFIRST FOUNDATION, INC. SUPPORTS THE CHARITABLE MISSION OF INDEPENDENCEFIRST, INC., A COMMUNITY-BASED, NON-RESIDENTIAL INDEPENDENT LIVING CENTER IN MILWAUKEE, WISCONSIN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt018974653
IRS990/NetAssetsOrFundBalancesEOYAmt019625542
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0425671
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0425671
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02790028
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt016812540
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt017076670
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02802
IRS990/OccupancyGrp/ProgramServicesAmt01443
IRS990/OccupancyGrp/TotalAmt04245
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02282
IRS990/OfficeExpensesGrp/ProgramServicesAmt05818
IRS990/OfficeExpensesGrp/TotalAmt08100
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01067
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09993
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011060
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08100
IRS990/OtherExpensesGrp/TotalAmt08100
IRS990/OtherLiabilitiesGrp/BOYAmt0132164
IRS990/OtherLiabilitiesGrp/EOYAmt0487595
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06113
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057232
IRS990/OtherSalariesAndWagesGrp/TotalAmt063345
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0416
IRS990/PayrollTaxesGrp/ProgramServicesAmt03897
IRS990/PayrollTaxesGrp/TotalAmt04313
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0127
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01184
IRS990/PensionPlanContributionsGrp/TotalAmt01311
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARCIA BOUCHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0313601
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0783035
IRS990/PYInvestmentIncomeAmt01819991
IRS990/PYOtherExpensesAmt0163006
IRS990/PYOtherRevenueAmt0-130
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01095342
IRS990/PYSalariesCompEmpBnftPaidAmt092079
IRS990/PYTotalExpensesAmt01038120
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02133462
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2139139
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0203069
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INFORMATION ABOUT SUPPORTING ORGANIZATION ADDED: (I) INDEPENDENCEFIRST, INC. - 39-1343425 (II) INDEPENDENCEFIRST FOUNDATION, INC. HAD PREVIOUSLY BEEN CLASSIFIED AS A SECTION 170(B)(1)(A)(IV) ORGANIZATION, HOWEVER, ITS PURPOSE WAS TO SUPPORT INDEPENDENCEFIRST, INC. AND HAD HISTORICALLY ONLY SUPPORTED INDEPENDENCEFIRST, INC. THE ARTICLES OF INCORPORATION WERE AMENDED TO REFLECT THIS. (III) AUTHORIZED IN THE ARTICLES OF INCORPORATION. (IV) ACTION WAS ACCOMPLISHED THROUGH AN AMENDEMENT TO THE ARTICLES OF INCORPORATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 5A
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0391343425
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt03020782
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0INDEPENDENCEFIRST INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt03020782
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0119501
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1368094
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN GUARANTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO INDEPENDENCEFIRST, INC.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0487595
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt03020782
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INDEPENDENCEFIRST INC
IRS990ScheduleI/RecipientTable/RecipientEIN0391343425
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0540 S 1ST ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MILWAUKEE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0532041605
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS THROUGH A REVIEW OF FINANCIAL STATEMENTS AND OTHER DOCUMENTS FROM GRANTEES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0163831
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1142526
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2181423
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt02498
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt13442
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt23933

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,127,493
Liabilities
$501,951
Net assets
$19,625,542
Revenue
$1,121,043
Expenses
$3,260,182
Net income
-$2,139,139
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.6$0.02$16.6$1.05$0.88$0.17
2023Detailed filing. Detailed filing data is available for this year.$15.9$0.01$15.9$0.59$0.91$0.32
2022Detailed filing. Detailed filing data is available for this year.$14.8$0.01$14.8$0.49$0.84$0.35
2021Detailed filing. Detailed filing data is available for this year.$18.4$0.02$18.3$3.23$0.81$2.42
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$0.01$17.2$0.40$4.47$4.07
2019Detailed filing. Detailed filing data is available for this year.$20.1$0.50$19.6$1.12$3.26$2.14
2018Detailed filing. Detailed filing data is available for this year.$19.1$0.15$19.0$2.13$1.04$1.10
2017Detailed filing. Detailed filing data is available for this year.$20.8$0.16$20.6$1.78$1.07$0.71
2016Detailed filing. Detailed filing data is available for this year.$20.3$1.45$18.9$1.05$0.28$0.76
2015Detailed filing. Detailed filing data is available for this year.$19.1$1.72$17.4$1.13$0.15$0.98
2014Detailed filing. Detailed filing data is available for this year.$17.7$0.53$17.2$0.97$0.43$0.54
2013Detailed filing. Detailed filing data is available for this year.$17.0$0.63$16.4$15.5$0.36$15.2