Civic Intelligence

Employee First Fund

990EZ • Fiscal year 2023 • EIN 46-3353666

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

500 Freeport PkwyCoppell, TX 75019

(972) 538-4578

Siviq Scores

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

Liabilities / Assets

77th percentile

0.06x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

10th percentile

-49%

Higher net margin than 10% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

14th percentile

-40%

Faster asset growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

52nd percentile

6.1%

Faster revenue growth than 52% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$88,975

Down $58,902 (-40%) from 2022

Net Assets

Down

$83,375

Down $59,552 (-42%) from 2022

Liabilities

Up

$5,600

Up $650 (+13%) from 2022

Revenue

Up

$121,959

Up $7,045 (+6.1%) from 2022

Expenses

Down

$181,511

Down $13,839 (-7.1%) from 2022

Net Income

Up

-$59,552

Up $20,884 (+26%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $125,640Liabilities 2014: $0Net Assets 2014: $125,6402014Assets 2015: $216,469Liabilities 2015: $0Net Assets 2015: $216,4692015Assets 2016: $158,236Liabilities 2016: $0Net Assets 2016: $158,2362016Assets 2017: $146,203Liabilities 2017: $0Net Assets 2017: $146,2032017Assets 2018: $120,919Liabilities 2018: $0Net Assets 2018: $120,9192018Assets 2019: $91,471Liabilities 2019: $0Net Assets 2019: $91,4712019Assets 2020: $330,994Liabilities 2020: $0Net Assets 2020: $330,9942020Assets 2021: $223,363Liabilities 2021: $0Net Assets 2021: $223,3632021Assets 2022: $147,877Liabilities 2022: $4,950Net Assets 2022: $142,9272022Assets 2023: $88,975Liabilities 2023: $5,600Net Assets 2023: $83,3752023Assets 2024: $91,194Liabilities 2024: $5,600Net Assets 2024: $85,5942024

Highlighted filing

2023

Assets$88,975
Liabilities$5,600
Net Assets$83,375

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $19,803Expenses 2013: $19,803Net Income 2013: $02013Revenue 2014: $224,862Expenses 2014: $99,222Net Income 2014: $125,6402014Revenue 2015: $166,642Expenses 2015: $75,813Net Income 2015: $90,8292015Revenue 2016: $115,091Expenses 2016: $173,324Net Income 2016: -$58,2332016Revenue 2017: $107,491Expenses 2017: $119,524Net Income 2017: -$12,0332017Revenue 2018: $90,632Expenses 2018: $115,916Net Income 2018: -$25,2842018Revenue 2019: $78,037Expenses 2019: $107,485Net Income 2019: -$29,4482019Revenue 2020: $309,229Expenses 2020: $69,706Net Income 2020: $239,5232020Revenue 2021: $94,568Expenses 2021: $202,199Net Income 2021: -$107,6312021Revenue 2022: $114,914Expenses 2022: $195,350Net Income 2022: -$80,4362022Revenue 2023: $121,959Expenses 2023: $181,511Net Income 2023: -$59,5522023Revenue 2024: $120,697Expenses 2024: $118,478Net Income 2024: $2,2192024

Highlighted filing

2023

Revenue$121,959
Expenses$181,511
Net Income-$59,552
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$121,959
Mission and Program Overview

Mission

To provide disaster and emergency hardship relief to persons, including employees of the container store, inc. And their families, and to engage in other charitable and educational purposes, provided that such purposes of the corporation are only as permitted an organization described in section 501(c)(3) of the internal revenue code of 1986, as amended (the code).

Program Services

DescriptionGrantsExpenses
EMERGENCY RELIEF - THE ORGANIZATION PROVIDES GRANTS TO EMPLOYEES EXPERIENCING UNFORESEEN EMERGENCIES LIKE A MAJOR MEDICAL SITUATION, A CATASTROPHIC EVENT, OR OTHER GRAVE CHALLENGES THAT THEY ARE NOT FINANCIALLY PREPARED TO DEAL WITH.$166,754$166,754
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John MarazioChair/President-$0--
KRISTIN SCHWERTNERVice Chair/Treasurer-$0--
STEPHANIE LINDSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Employee First Fund
EIN
46-3353666
Phone
9725384578
Address
500 Freeport Pkwy, Coppell, TX 75019

Signing Officer

Name
Kristin Schwertner
Title
Treasurer
Phone
9725386856
Signed
2024-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Forvis Llp
Address
14241 Dallas Parkway Suite 1100, Dallas, TX 75254
Preparer
Jeanette Verrelli
Phone
9727028262
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 Other Revenue

Miscellaneous Revenue - 20;

Form 990-EZ, Part I, Line 10 Grants Paid

Activity:;grantee name:emergency relief to individuals;grantee address: , , none, , us;amount:166754;relationship:n/a;

Form 990-EZ, Part I, Line 16 Other Expenses

Management fees - 15; business registration fees - 440; merchant account fees - 2;

Form 990-EZ, Part II, Line 24B Other Assets

Contribution receivable - boy:13787,eoy:14793;

Form 990-EZ, Part II, Line 26B Total Liabilities

Accounts payable - boy:4950,eoy:5600;

Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE

To provide disaster and emergency hardship relief to persons, including employees of the container store, inc. And their families, and to engage in other charitable and educational purposes, provided that such purposes of the corporation are only as permitted an organization described in section 501(c)(3) of the internal revenue code of 1986, as amended (the code).

Form 990EZ, Part III, Line 28 DESCRIPTION OF OTHER PROGRAM SERVICES

Emergency relief - the organization provides grants to employees experiencing unforeseen emergencies like a major medical situation, a catastrophic event, or other grave challenges that they are not financially prepared to deal with.

Form 990-EZ, Part V, Line 41 STATES WITH WHICH A COPY OF THIS FORM 990EZ IS REQUIRED TO BE FILED

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Raw XML Appendix194 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/USAddress/CityNm0COPPELL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingOtherDesc0INCOME TAX BASIS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0John Marazio
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR/PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt014793
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0457
IRS990EZ/OtherRevenueTotalAmt020
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE DISASTER AND EMERGENCY HARDSHIP RELIEF TO PERSONS, INCLUDING EMPLOYEES OF THE CONTAINER STORE, INC. AND THEIR FAMILIES, AND TO ENGAGE IN OTHER CHARITABLE AND EDUCATIONAL PURPOSES, PROVIDED THAT SUCH PURPOSES OF THE CORPORATION ARE ONLY AS PERMITTED AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE).
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EMERGENCY RELIEF - THE ORGANIZATION PROVIDES GRANTS TO EMPLOYEES EXPERIENCING UNFORESEEN EMERGENCIES LIKE A MAJOR MEDICAL SITUATION, A CATASTROPHIC EVENT, OR OTHER GRAVE CHALLENGES THAT THEY ARE NOT FINANCIALLY PREPARED TO DEAL WITH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0166754
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0166754
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd26AR
IRS990EZ/StatesWhereCopyOfReturnIsFldCd27WA
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04950
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TotalExpensesAmt0181511
IRS990EZ/TotalProgramServiceExpensesAmt0166754
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CONTAINERSTORE.COM/EMPLOYEEFIRSTFUND
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 20.0, COLUMN F - 20.0;
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/TotalSupportAmt0718707
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Miscellaneous Revenue - 20;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY:;GRANTEE NAME:EMERGENCY RELIEF TO INDIVIDUALS;GRANTEE ADDRESS: , , NONE, , US;AMOUNT:166754;RELATIONSHIP:N/A;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT FEES - 15; BUSINESS REGISTRATION FEES - 440; MERCHANT ACCOUNT FEES - 2;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRIBUTION RECEIVABLE - BOY:13787,EOY:14793;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE - BOY:4950,EOY:5600;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO PROVIDE DISASTER AND EMERGENCY HARDSHIP RELIEF TO PERSONS, INCLUDING EMPLOYEES OF THE CONTAINER STORE, INC. AND THEIR FAMILIES, AND TO ENGAGE IN OTHER CHARITABLE AND EDUCATIONAL PURPOSES, PROVIDED THAT SUCH PURPOSES OF THE CORPORATION ARE ONLY AS PERMITTED AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EMERGENCY RELIEF - THE ORGANIZATION PROVIDES GRANTS TO EMPLOYEES EXPERIENCING UNFORESEEN EMERGENCIES LIKE A MAJOR MEDICAL SITUATION, A CATASTROPHIC EVENT, OR OTHER GRAVE CHALLENGES THAT THEY ARE NOT FINANCIALLY PREPARED TO DEAL WITH.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24b Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26b Total Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part III, Line 28 DESCRIPTION OF OTHER PROGRAM SERVICES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part V, Line 41 STATES WITH WHICH A COPY OF THIS FORM 990EZ IS REQUIRED TO BE FILED
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EMPLOYEE FIRST FUND
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ReturnHeader/Filer/EIN0463353666
ReturnHeader/Filer/PhoneNum09725384578
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 Freeport Pkwy
ReturnHeader/Filer/USAddress/CityNm0Coppell
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075019
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0440160260
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FORVIS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014241 Dallas Parkway Suite 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dallas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075254
ReturnHeader/PreparerPersonGrp/PhoneNum09727028262
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEANETTE VERRELLI
ReturnHeader/ReturnTs02024-05-08T12:29:44+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KRISTIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHWERTNER
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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