Civic Intelligence

Falkora

990EZ • Fiscal year 2024 • EIN 47-5051725

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 12, 2025

741 Mildred Avenue 2Venice, CA 90291

(212) 297-0400

Siviq Scores

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

Liabilities / Assets

97th percentile

2.84x

Higher debt load relative to assets than 97% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

38th percentile

-5.2%

Faster asset growth than 38% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$72,690

Down $4,020 (-5.2%) from 2023

Net Assets

Down

-$133,715

Down $4,020 (-3.1%) from 2023

Liabilities

Flat

$206,405

Flat from 2023

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$4,020

Down $1,472 (-27%) from 2023

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100K-$200KAssets 2020: $48,059Liabilities 2020: $206,405Net Assets 2020: -$158,3462020Assets 2021: $24,494Liabilities 2021: $206,405Net Assets 2021: -$181,9112021Assets 2022: $78,846Liabilities 2022: $206,405Net Assets 2022: -$127,5592022Assets 2023: $76,710Liabilities 2023: $206,405Net Assets 2023: -$129,6952023Assets 2024: $72,690Liabilities 2024: $206,405Net Assets 2024: -$133,7152024

Highlighted filing

2024

Assets$72,690
Liabilities$206,405
Net Assets-$133,715

Operations Trend

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

$200K$100K$0-$100KRevenue 2020: $170,670Expenses 2020: $183,616Net Income 2020: -$12,9462020Revenue 2021: $0Expenses 2021: $23,565Net Income 2021: -$23,5652021Revenue 2022: $111,664Expenses 2022: $57,312Net Income 2022: $54,3522022Revenue 2023: $3,356Expenses 2023: $5,492Net Income 2023: -$2,1362023Expenses 2024: $4,0202024

Highlighted filing

2024

Revenue-
Expenses$4,020
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

Our mission places interdisciplinary approaches for mental health treatment at the top of political agendas around the world.falkora campaigns to expand the definition of mental illness, so future funding can catch up with the scope of the problem, and explores how new technologies can leapfrog outdated approaches to mental well being.falkora is a catalyst for creative conversations around social change - its founders collaborate on the pulse of design, technology, and social entrepreneurship around the world.

Program Services

DescriptionGrantsExpenses
TO INSPIRE INNOVATION, FALKORA VETS AND SUPPORTS PROMISING IDEAS AND EMERGING TALENT THAT FOCUS ON TECHNOLOGY SOLUTIONS TO IMPROVE GLOBAL MENTAL HEALTH.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KRISTIN WHITEPresident-$0--
THOMAS ERMACORACFO-$0--
JENNY BARCHFIELDSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Falkora
EIN
47-5051725
Phone
2122970400
Address
741 MILDRED AVENUE 2, VENICE, CA 90291

Signing Officer

Name
Thomas Ermacora
Title
CFO
Phone
2122970400
Signed
2025-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Cohnreznick Advisory LLC
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Laura Kielczewski
Phone
2122970400
Supplemental Narrative

Additional Explanations

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

Description: bank fees. Amount: 15.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 2,437. End of year amount: 70,963.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to officer. Beg. Of year amount: 206,405. End of year amount: 206,405.

Raw XML Appendix146 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THOMAS ERMACORA
IRS990EZ/BooksInCareOfDetail/PhoneNum02122970400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0741 MILDRED AVENUE 2
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VENICE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090291
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-133715
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KRISTIN WHITE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THOMAS ERMACORA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JENNY BARCHFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt070963
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt015
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0OUR MISSION PLACES INTERDISCIPLINARY APPROACHES FOR MENTAL HEALTH TREATMENT AT THE TOP OF POLITICAL AGENDAS AROUND THE WORLD.FALKORA CAMPAIGNS TO EXPAND THE DEFINITION OF MENTAL ILLNESS, SO FUTURE FUNDING CAN CATCH UP WITH THE SCOPE OF THE PROBLEM, AND EXPLORES HOW NEW TECHNOLOGIES CAN LEAPFROG OUTDATED APPROACHES TO MENTAL WELL BEING.FALKORA IS A CATALYST FOR CREATIVE CONVERSATIONS AROUND SOCIAL CHANGE - ITS FOUNDERS COLLABORATE ON THE PULSE OF DESIGN, TECHNOLOGY, AND SOCIAL ENTREPRENEURSHIP AROUND THE WORLD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO INSPIRE INNOVATION, FALKORA VETS AND SUPPORTS PROMISING IDEAS AND EMERGING TALENT THAT FOCUS ON TECHNOLOGY SOLUTIONS TO IMPROVE GLOBAL MENTAL HEALTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0206405
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0206405
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04020
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FALKORA.ORG
IRS990ScheduleA/FactsAndCircumstancesTestTxt0PUBLIC CHARITY QUALIFICATIONSFALKORA QUALIFIES AS A PUBLIC CHARITY UNDER THE "FACTS AND CIRCUMSTANCES" TEST OF 1.170A-9(F)(3) OF THE TREASURY REGULATIONS, BASED UPON THE FOLLOWING: 1. ITS SUPPORT, AS REPORTED FOR 2024, IS 19.16%, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(I). 2. FALKORA WAS FORMED IN 2015 TO PROMOTE POSITIVE SOCIAL CHANGE AND RAISE AWARENESS FOR THE GLOBAL MENTAL HEALTH CRISIS. DUE TO THE COVID-19 PANDEMIC, ACTIVITIES HAVE BEEN RELATIVELY LIMITED SO THE ORGANIZATION IS EXPANDING ITS INITIATIVES TO RAISE AWARENESS AROUND PLANETARY CONCERNS. FALKORA IS FOCUSING ITS WORK DIFFERENTLY UNDER THE CURRENT ENVIRONMENT AND SEEKS TO BRING LEADERS TOGETHER TO SOLVE ISSUES ON A GLOBAL SCALE EFFECTING CLIMATE CHANGE AND COMMUNITY WELL-BEING. THE ORGANIZATION'S MISSION PLACES INTERDISCIPLINARY APPROACHES FOR GLOBAL MENTAL HEALTH TREATMENT AND CLIMATE ISSUES AT THE TOP OF POLITICAL AGENDAS AROUND THE WORLD.IN AN EFFORT TO ATTRACT NEW AND ADDITIONAL GENERAL PUBLIC AND GOVERNMENTAL FUNDING ON A CONTINUOUS BASIS, FALKORA SEEKS TO RAISE FUNDS FROM THE GENERAL PUBLIC BY PARTICIPATING IN AND HOLDING PUBLIC EVENTS, CONFERENCES, AND PUBLIC FORUMS TO RAISE AWARENESS OF THE GLOBAL MENTAL HEALTH CRISIS. THEREFORE, IT MEETS THE REQUIREMENT OF 1.170A-9(F)(3)(II). AN EXAMPLE OF THESE RECENT EFFORTS BY THE ORGANIZATION IS: DURING 2020, FALKORA CONTINUED ITS CONCERTED EFFORT TO INCREASE CONTRIBUTIONS FROM A BROAD BASE OF CORPORATE DONORS THROUGH DIRECT CONTACT WITH DECISION MAKERS AS IT PARTICIPATED AT THE DAVOS EVENT AND HOSTED A JOINT EVENT TO SUPPORT ITS MISSION IN THE BEGINNING OF 2020. HOWEVER, DUE TO THE COVID-19 GLOBAL PANDEMIC, FALKORA WAS UNABLE TO HOLD ADDITIONAL PUBLIC EVENTS AND CONFERENCES IN 2020 - 2024; THEREFORE, FALKORA WAS UNABLE TO RAISE AS MUCH FUNDS FROM A BROAD BASE OF THE PUBLIC AS IT HAD ANTICIPATED. 3. FALKORA'S PUBLIC SUPPORT, AT 19.16%, IS ABOVE THE 10% MINIMUM REQUIRED FOR THE "FACTS AND CIRCUMSTANCES" TEST, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(III)(A). 4. IN MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(I), FALKORA HAS RECEIVED SUPPORT FROM A REPRESENTATIVE NUMBER OF PERSONS, RATHER THAN RECEIVING ALL OR MOST OF ITS SUPPORT FROM THE MEMBERS OF A SINGLE FAMILY, OR FROM A SINGLE DONOR. IN THIS RESPECT, FALKORA MEETS THE REQUIREMENT OF 1.170A-9(F)(3)(III)(B). FALKORA IS IN THE PROCESS OF WINDING DOWN OPERATIONS AND IS EXPECTED TO TERMINATE OPERATIONS AND DISSOLVE BEFORE THE END OF 2025.
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IRS990ScheduleA/TotalSupportAmt0280749
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0206405
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0THOMAS ERMACORA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CFO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt0206405
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 15.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 2,437. END OF YEAR AMOUNT: 70,963.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE TO OFFICER. BEG. OF YEAR AMOUNT: 206,405. END OF YEAR AMOUNT: 206,405.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS ERMACORA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02122970400
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FALKORA
ReturnHeader/Filer/BusinessNameControlTxt0FALK
ReturnHeader/Filer/EIN0475051725
ReturnHeader/Filer/PhoneNum02122970400
ReturnHeader/Filer/USAddress/AddressLine1Txt0741 MILDRED AVENUE 2
ReturnHeader/Filer/USAddress/CityNm0VENICE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090291
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0333709623
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHNREZNICK ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 AVENUE OF THE AMERICAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010019
ReturnHeader/PreparerPersonGrp/PhoneNum02122970400
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA KIELCZEWSKI
ReturnHeader/ReturnTs02025-11-14T06:58:03-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • <$500k nonprofits