Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.53x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
3rd percentile
Faster asset growth than 3% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$21,310
Down $195,162 (-90%) from 2015
Net Assets
Down$9,961
Down $206,511 (-95%) from 2015
Liabilities
Up$11,349
Up $11,349 from 2015
Revenue And Expenses
Revenue
Down$22,000
Down $228,000 (-91%) from 2015
Expenses
Up$228,511
Up $194,983 (+582%) from 2015
Net Income
Down-$206,511
Down $422,983 (-195%) from 2015
Historical Trend
Filing Detail Status
This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
Mission and Program Overview
Mission
The iris foundation (the "foundation") exists to support the application, engagement and dissemination of "first principles thinking" in science, education, community, development and civic engagement.the foundation is organized exclusively for charitable, scientific, and educational purposes within the meaning of section 501(c)(3) of the internal revenue code, including the advancement of education, science and social science by conducting labs, case studies, discussion groups, forums, panels, lecturs, and similar programs.the foundation will offer its facilities and resources to individuals and organizations, including students, professors, and universities, initially with a focus on those students, professors, and universities located within illinois including, without limitaiton, the university of illinois at champaign-urbana, to support labs and case studies to test concepts and generate data to effectuate social and community benefits. The results of these labs will be available
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990Summary only. Only limited summary data is available for this year.
- Assets
- $21,310
- Liabilities
- $11,349
- Net assets
- $9,961
- Revenue
- $22,000
- Expenses
- $228,511
- Net income
- -$206,511