Civic Intelligence

Foundation for Innovation in Medicine

990 • Fiscal year 2015 • EIN 52-1061299

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 19, 2016

Organization Profilewww.fimdefelice.org
235 Munsee Waywestfield, NJ 07090

(908) 272-1600

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2014

Net Assets

Down

-$39,934

Down $18,353 (-85%) from 2014

Liabilities

Up

$39,934

Up $18,353 (+85%) from 2014

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2014

Expenses

Down

$18,353

Down $3,228 (-15%) from 2014

Net Income

Up

-$18,353

Up $3,228 (+15%) from 2014

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0-$50K-$100KAssets 2010: $0Liabilities 2010: $0Net Assets 2010: $02010Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $0Liabilities 2014: $21,581Net Assets 2014: -$21,5812014Assets 2015: $0Liabilities 2015: $39,934Net Assets 2015: -$39,9342015Assets 2016: $0Liabilities 2016: $51,567Net Assets 2016: -$51,5672016Assets 2017: $0Liabilities 2017: $57,080Net Assets 2017: -$57,0802017Assets 2018: $0Liabilities 2018: $59,180Net Assets 2018: -$59,1802018Assets 2019: $0Liabilities 2019: $68,780Net Assets 2019: -$68,7802019Assets 2020: $0Liabilities 2020: $68,780Net Assets 2020: -$68,7802020Assets 2021: $0Liabilities 2021: $68,780Net Assets 2021: -$68,7802021Assets 2022: $0Liabilities 2022: $68,780Net Assets 2022: -$68,7802022Assets 2023: $0Liabilities 2023: $68,780Net Assets 2023: -$68,7802023

Highlighted filing

2015

Assets$0
Liabilities$39,934
Net Assets-$39,934
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40K$20K$0-$20K-$40KExpenses 2010: $02010Expenses 2011: $02011Expenses 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $21,581Net Income 2014: -$21,5812014Revenue 2015: $0Expenses 2015: $18,353Net Income 2015: -$18,3532015Revenue 2016: $0Expenses 2016: $11,633Net Income 2016: -$11,6332016Revenue 2017: $0Expenses 2017: $5,513Net Income 2017: -$5,5132017Revenue 2018: $0Expenses 2018: $2,100Net Income 2018: -$2,1002018Revenue 2019: $0Expenses 2019: $9,600Net Income 2019: -$9,6002019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2015

Revenue$0
Expenses$18,353
Net Income-$18,353
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 19, 2016
Return Version
2015v2.0
Gross Receipts
$0
Mission and Program Overview

Mission

Neutraceutical research & education,educational efforts to raise awareness of the doctornaut act and the cure-care iniative in an effort to accelerate medical discovery to find cures for many diseases

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$21,581$39,934▲ $18,353
Cash and Non-Interest-Bearing Accounts-$0-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Prepaid Expenses and Deferred Charges-$0-
Other Assets Total-$0-
Total Assets$0$0→ $0
Liabilities
Total Liabilities$21,581$39,934▲ $18,353
Net Assets / Fund Balance
Unrestricted Net Assets$-21,581$-39,934▼ $18,353
Total Net Assets Fund Balance$-21,581$-39,934▼ $18,353
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Stephen Defelice MdPresident
Patricia ConnellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-18,353
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,353
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$2,650$7,800-$2,650
Fees for Services Legal$2,200--$2,200
Fees for Services Other$1,800--$1,800
Advertising$999--$999
Total Functional Expenses$10,553$7,800$0$18,353
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
Loans from Officers, Directors, Trustees, and Key Employees$21,581$39,934▲ $18,353
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“No review was or will be conducted.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Foundation for Innovation in Medicine
EIN
52-1061299
Phone
9082721600
Address
235 Munsee Way, westfield, NJ 07090

Signing Officer

Name
Stephen Defelice Md
Title
President
Signed
2016-03-19
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
The Lieb Group LLP
Address
14 Bridge St, Metuchen, NJ 08840
Preparer
Howard Slatken
Phone
7325788225
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

“Other program services 4: cure-care initiative”

Raw XML Appendix305 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.

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IRS990/IRPDocumentCnt00
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IRS990/OtherAssetsTotalGrp/EOYAmt00
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IRS990/OtherExpensesGrp/Desc0OVERHEAD
IRS990/OtherExpensesGrp/Desc1WEBSITE UPDATE CONTENT
IRS990/OtherExpensesGrp/Desc2VIDEO PRODCTION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: CURE-CARE INITIATIVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN DEFELICE MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FOR INNOVATION IN MEDICINE
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0521061299
ReturnHeader/Filer/PhoneNum09082721600
ReturnHeader/Filer/USAddress/AddressLine1Txt0235 Munsee Way
ReturnHeader/Filer/USAddress/CityNm0westfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007090
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 Bridge St
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008840
ReturnHeader/PreparerPersonGrp/PhoneNum07325788225
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD SLATKEN
ReturnHeader/ReturnTs02016-03-19T07:57:37-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$39,934
Net assets
-$39,934
Revenue
$0
Expenses
$18,353
Net income
-$18,353
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$68.8$68.8$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$68.8$68.8$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$68.8$68.8$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$68.8$68.8$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$68.8$68.8$0.00$9.60$9.60
2018Detailed filing. Detailed filing data is available for this year.$0.00$59.2$59.2$0.00$2.10$2.10
2017Detailed filing. Detailed filing data is available for this year.$0.00$57.1$57.1$0.00$5.51$5.51
2016Detailed filing. Detailed filing data is available for this year.$0.00$51.6$51.6$0.00$11.6$11.6
2015Detailed filing. Detailed filing data is available for this year.$0.00$39.9$39.9$0.00$18.4$18.4
2014Detailed filing. Detailed filing data is available for this year.$0.00$21.6$21.6$0.00$21.6$21.6
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00