Civic Intelligence

Ffwd

990 • Fiscal year 2016 • EIN 46-4626500

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 07, 2017

1014 Torney AvenueSan Francisco, CA 94129

(415) 952-5906

Siviq Scores

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

Liabilities / Assets

39th percentile

0.04x

Higher debt load relative to assets than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.02x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

87th percentile

34%

Higher net margin than 87% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

80th percentile

$135,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

97th percentile

166%

Faster asset growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

96%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,123,296

Up $700,917 (+166%) from 2015

Net Assets

Up

$1,074,779

Up $681,328 (+173%) from 2015

Liabilities

Up

$48,517

Up $19,589 (+68%) from 2015

Revenue

Up

$2,021,311

Up $990,266 (+96%) from 2015

Expenses

Up

$1,339,983

Up $495,188 (+59%) from 2015

Net Income

Up

$681,328

Up $495,078 (+266%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2014: $216,266Liabilities 2014: $9,065Net Assets 2014: $207,2012014Assets 2015: $422,379Liabilities 2015: $28,928Net Assets 2015: $393,4512015Assets 2016: $1,123,296Liabilities 2016: $48,517Net Assets 2016: $1,074,7792016Assets 2017: $1,647,966Liabilities 2017: $6,224Net Assets 2017: $1,641,7422017Assets 2018: $1,983,491Liabilities 2018: $106,627Net Assets 2018: $1,876,8642018Assets 2019: $1,909,612Liabilities 2019: $94,259Net Assets 2019: $1,815,3532019Assets 2020: $2,160,884Liabilities 2020: $409,714Net Assets 2020: $1,751,1702020Assets 2021: $3,305,764Liabilities 2021: $310,453Net Assets 2021: $2,995,3112021Assets 2022: $7,304,180Liabilities 2022: $132,395Net Assets 2022: $7,171,7852022Assets 2023: $11,554,565Liabilities 2023: $810,310Net Assets 2023: $10,744,2552023Assets 2024: $14,426,634Liabilities 2024: $1,203,126Net Assets 2024: $13,223,5082024

Highlighted filing

2016

Assets$1,123,296
Liabilities$48,517
Net Assets$1,074,779

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2014: $682,766Expenses 2014: $475,565Net Income 2014: $207,2012014Revenue 2015: $1,031,045Expenses 2015: $844,795Net Income 2015: $186,2502015Revenue 2016: $2,021,311Expenses 2016: $1,339,983Net Income 2016: $681,3282016Revenue 2017: $1,891,136Expenses 2017: $1,324,173Net Income 2017: $566,9632017Revenue 2018: $3,035,544Expenses 2018: $2,800,422Net Income 2018: $235,1222018Revenue 2019: $3,658,804Expenses 2019: $3,720,315Net Income 2019: -$61,5112019Revenue 2020: $3,829,197Expenses 2020: $3,893,380Net Income 2020: -$64,1832020Revenue 2021: $6,717,680Expenses 2021: $5,473,539Net Income 2021: $1,244,1412021Revenue 2022: $12,459,105Expenses 2022: $8,282,631Net Income 2022: $4,176,4742022Revenue 2023: $22,457,483Expenses 2023: $18,885,013Net Income 2023: $3,572,4702023Revenue 2024: $22,592,425Expenses 2024: $20,113,515Net Income 2024: $2,478,9102024

Highlighted filing

2016

Revenue$2,021,311
Expenses$1,339,983
Net Income$681,328
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 7, 2017
Return Version
2016v3.0
Gross Receipts
$2,021,311
Mission and Program Overview

Mission

FFWD accelerates the growth of technology nonprofits by providing financial and human capital to help scale technology solutions for education, environmental, health, and human rights issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$344,363$846,897▲ $502,534
Accounts Receivable$76,000$275,500▲ $199,500
Prepaid Expenses and Deferred Charges$2,016$899▼ $1,117
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$422,379$1,123,296▲ $700,917
Other Assets Total-$0-
Liabilities
Other Liabilities$10,928$29,556▲ $18,628
Accounts Payable and Accrued Expenses$18,000$18,961▲ $961
Total Liabilities$28,928$48,517▲ $19,589
Net Assets / Fund Balance
Unrestricted Net Assets$337,451$649,279▲ $311,828
Temporarily Rstr Net Assets$56,000$425,500▲ $369,500
Total Net Assets Fund Balance$393,451$1,074,779▲ $681,328
Total Liabilities and Net Assets / Fund Balance$422,379$1,123,296▲ $700,917
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shannon FarleyExec DirectorFT$135,000$135,000

Board Members and Trustees

NameTitle
Kevin BarenblatPresident
Rekha PaiSecretary
Aston MotesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,021,248
Program Service Revenue
$0
Investment Income
$63
Other Revenue
$0
All Other Contributions
$2,021,248
Change in Net Assets
$681,328

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,021,311
Total Revenue per Audited Statements
$2,021,311
Total Revenue per Form 990
$2,021,311
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$886,368
Salaries, Compensation, and Employee Benefits$349,591
Other Expenses$104,024
Total Fundraising Expense$59,293
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$886,368--$886,368
Other Salaries and Wages$121,092$5,355$22,011$148,458
Current Officers, Directors, Trustees, and Key Employees$110,115$4,870$20,015$135,000
Other Employee Benefits$36,085$1,247$6,195$43,527
Travel$18,031$1,937$5,190$25,158
Payroll Taxes$18,741$768$3,097$22,606
Occupancy$8,758$377$1,365$10,500
Information Technology$5,686$596$363$6,645
Fees for Services Accounting-$6,465-$6,465
Fees for Services Other$2,610--$2,610
Office Expenses$1,008$1,237$135$2,380
Insurance-$1,604-$1,604
Other Expenses$514$18$98$630
Total Functional Expenses$1,254,750$25,940$59,293$1,339,983

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,339,983
Total Expenses per Audited Statements$1,339,983
Total Expenses per Form 990$1,339,983
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
TalkingPointsSan Francisco, CA501c3General Support$225,000
The Hack FoundationSan Francisco, CA501c3General Support$78,530
CommonLit IncWashington, DC501c3General Support$78,033
Intelehealth IncBaltimore, MD501c3General Support$76,758
Think of Us IncCharlotte, VT501c3General Support$75,138
We The Protesters IncNew York, NY501c3General Support$71,768
Open Media FoundationDenver, CO501c3General Support$71,278
Learn FreshDenver, CO501c3General Support$69,743
Democracy Earth FoundationSan Francisco, CA501c3General Support$69,058
JustFixnycBrooklyn, NY501c3General Support$68,918
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
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$20,821
Credit Cards$8,735
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BYTHE ORGANIZATION'S FINANCE DIRECTOR, audit committee including certain MEMBERS OF THE BOARD OF DIRECTORS, AND THE EXECUTIVE DIRECTOR. THIS GROUP OF INDIVIDUALS THEN DISCUSSES THE CONTENTS OF THE RETURN WITH THE OUTSIDE TAX PROFESSIONAL. AFTER A FULL REVIEW, THE FINAL VERSION OF THE TAX RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S VOTING BODY. A REPRESENTATIVE OF THE BOARD AUTHORIZES THE FINAL FORM 990 WHICH IS THEN E-FILED WITH THE INTERNAL REVENUE SERVICE.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

No interested person of the museum shall participate in making or attempting to influence a decision in which he or she has a real or potential financial interest. A COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS ALL POTENTIAL CONFLICTS OF INTEREST ATLEAST ANNUALLY. ALL PERSONNEL (INCLUDING EMPLOYEES AND VOLUNTEERS) AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE (IN WRITING) POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. LOANS BETWEEN THE ORGANIZATION AND MEMBERS OF MANAGEMENT AND THE BOARD ARE STRICTLY PROHIBITED. THE ORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS (IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Members of the board of directors review the compensation of certain high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection bytax authorities and the general public. Tax returns are posted annually towww.guidestar.com and are also available for a physical inspection at the organization's office in san francisco, california.

Filing and Contact Details

Filer

Filer Name
Ffwd
EIN
46-4626500
Phone
4159525906
Address
1014 Torney Avenue, San Francisco, CA 94129

Signing Officer

Name
Kevin Barenblat
Title
President
Signed
2017-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Barenblat
Formed
2014
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
4
Volunteers
1

Preparer

Firm
Regalia & Associates CPAs
Address
103 Town Country Dr Ste K, Danville, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
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IRS990/Desc0Through its accelerator program, FFWD provides grants, training, and mentorship to tech-based nonprofits.Summer Accelerator: Provide tech-based nonprofits money, training, and mentoring to increase their impact.Accelerate Good Global Summit: Convene the worlds leading tech-based nonprofits, their funders, and the tech community to grow the tech nonprofit sector.Tech Nonprofit Directory and Job Board: Online resource for people looking for meaning to find organizations, jobs, volunteer roles, and board positions.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8General Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9General Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CommonLit Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Democracy Earth Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Intelehealth Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3JustFixnyc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Learn Fresh
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6TalkingPoints
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7The Hack Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8Think of Us Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9We The Protesters Inc
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5700 Kalamath Street 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6509 Webster Street
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt91 West Street 2029
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IRS990ScheduleI/RecipientTable/USAddress/CityNm2Baltimore
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Brooklyn
IRS990ScheduleI/RecipientTable/USAddress/CityNm4DENVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Denver
IRS990ScheduleI/RecipientTable/USAddress/CityNm6San Francisco

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