Civic Intelligence

Ifa Foundation

990 • Fiscal year 2021 • EIN 52-1358631

Nov 01, 2020 to Oct 31, 2021 • Filed on Sep 01, 2022

Organization ProfileWWW.FRANCHISEFOUNDATION.ORG
1900 K Street NW No 700Washington, DC 20006

(202) 628-8000

Siviq Scores

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

Liabilities / Assets

27th percentile

0.04x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.96x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

3rd percentile

-80%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

66th percentile

$223,712

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 49.8% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

54th percentile

12%

Faster asset growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

13th percentile

-16%

Faster revenue growth than 13% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$11,223,530

Up $1,160,404 (+12%) from 2020

Net Assets

Up

$10,791,693

Up $953,016 (+9.7%) from 2020

Liabilities

Up

$431,837

Up $207,388 (+92%) from 2020

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin3rd percentile

Revenue

Down

$448,911

Down $87,503 (-16%) from 2020

Expenses

Down

$810,043

Down $22,804 (-2.7%) from 2020

Net Income

Down

-$361,132

Down $64,699 (-22%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$15M$10M$5.0M$0Assets 2010: $5,822,383Liabilities 2010: $99,827Net Assets 2010: $5,722,5562010Assets 2011: $5,904,104Liabilities 2011: $66,358Net Assets 2011: $5,837,7462011Assets 2012: $5,991,739Liabilities 2012: $26,536Net Assets 2012: $5,965,2032012Assets 2013: $6,433,560Liabilities 2013: $83,284Net Assets 2013: $6,350,2762013Assets 2014: $12,312,561Liabilities 2014: $189,507Net Assets 2014: $12,123,0542014Assets 2016: $10,401,786Liabilities 2016: $130,601Net Assets 2016: $10,271,1852016Assets 2017: $10,012,282Liabilities 2017: $223,820Net Assets 2017: $9,788,4622017Assets 2019: $10,137,667Liabilities 2019: $286,933Net Assets 2019: $9,850,7342019Assets 2020: $10,063,126Liabilities 2020: $224,449Net Assets 2020: $9,838,6772020Assets 2021: $11,223,530Liabilities 2021: $431,837Net Assets 2021: $10,791,6932021Assets 2022: $8,892,420Liabilities 2022: $687,742Net Assets 2022: $8,204,6782022Assets 2024: $10,497,533Liabilities 2024: $324,866Net Assets 2024: $10,172,6672024

Highlighted filing

2021

Assets$11,223,530
Liabilities$431,837
Net Assets$10,791,693
Open 2021 Filing

Operations Trend

Revenue Growth13th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $920,4222010Expenses 2011: $1,084,0042011Expenses 2012: $1,116,9152012Expenses 2013: $853,8412013Revenue 2014: $7,224,833Expenses 2014: $1,683,660Net Income 2014: $5,541,1732014Revenue 2016: $953,693Expenses 2016: $2,295,645Net Income 2016: -$1,341,9522016Revenue 2017: $1,128,126Expenses 2017: $2,186,581Net Income 2017: -$1,058,4552017Revenue 2019: $1,240,252Expenses 2019: $1,084,159Net Income 2019: $156,0932019Revenue 2020: $536,414Expenses 2020: $832,847Net Income 2020: -$296,4332020Revenue 2021: $448,911Expenses 2021: $810,043Net Income 2021: -$361,1322021Revenue 2022: $426,102Expenses 2022: $1,429,334Net Income 2022: -$1,003,2322022Revenue 2024: $2,566,769Expenses 2024: $1,274,324Net Income 2024: $1,292,4452024

Highlighted filing

2021

Revenue$448,911
Expenses$810,043
Net Income-$361,132
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Sep 1, 2022
Return Version
2020v4.2
Gross Receipts
$448,911
Mission and Program Overview

Mission

Advancing franchising and the free enterprise system by:--increasing the knowledge and professional standards of all members of the franchising community;--educating the next generation of franchising practitioners; andincreasing recognition of franchising's key role in the free enterprise system.

Advancing franchising and the free enterprise system by:--increasing the knowledge and professional standards of all members of the franchising community,--educating the next generation of franchising practitioners,--increasing recognition of franchising's key role in the free enterprise system, and--providing comprehensive information and research about important developments and trends in franchising.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,997,540$9,442,218▲ $1,444,678
Pledges and Grants Receivable$1,700,298$1,385,636▼ $314,662
Investments Other Securities$301,428$271,875▼ $29,553
Savings and Temporary Cash Investments$41,182$64,356▲ $23,174
Prepaid Expenses and Deferred Charges$22,678$0▼ $22,678
Total Assets$10,063,126$11,223,530▲ $1,160,404
Other Assets Total$0$59,445▲ $59,445
Liabilities
Other Liabilities$180,115$396,203▲ $216,088
Accounts Payable and Accrued Expenses$44,334$35,634▼ $8,700
Total Liabilities$224,449$431,837▲ $207,388
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,060,134$6,216,947▲ $1,156,813
Net Assets With Donor Restrictions$4,778,543$4,574,746▼ $203,797
Total Net Assets Fund Balance$9,838,677$10,791,693▲ $953,016
Total Liabilities and Net Assets / Fund Balance$10,063,126$11,223,530▲ $1,160,404
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rikki AmosExecutive DirectorFT$180,000$49,386$229,386

Board Members and Trustees

NameTitle
Earsa Jackson CfeChair, Diversity Institute
James Mowery CfeChair, Icfe Board
David MckinnoncfeChair, Nextgen in Franchise
Steve WhiteChair, Vetfran Committee
Tony Valle CfeChairman
Michael Isakson CfeImmediate Past Chair
Dan Monaghan Cfe1st Vice Chair
Mary Thompson Cfe2nd Vice Chair
Chris Dull CfeAt Large Trustee
Edith Wiseman CfeAt Large Trustee
Gordon LoganAt Large Trustee
Gregory Vojnovic CfeAt Large Trustee
Jim Squire CfeAt Large Trustee
Jj SorrentiAt Large Trustee
Jo Kirchner CfeAt Large Trustee
John Teza CfeAt Large Trustee
Mark Liston CfeAt Large Trustee
Omar SimmonsAt Large Trustee
R Scott Sutton CfeAt Large Trustee
Rankin GasawayAt Large Trustee
Stan FriedmanAt Large Trustee
Steve SiegelAt Large Trustee
Tabbassum MumtazAt Large Trustee
Tariq Farid CfeAt Large Trustee
Bret LowellLegal Counsel
William HallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$348,057
Program Service Revenue
$0
Investment Income
$100,854
Other Revenue
$0
All Other Contributions
$348,057
Change in Net Assets
$-361,132

Audited Revenue Reconciliation

Revenue per Audited Statements
$448,911
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,314,148
Total Revenue per Audited Statements
$1,763,059
Total Revenue per Form 990
$448,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$437,897
Salaries, Compensation, and Employee Benefits$356,646
Total Fundraising Expense$97,754
Grants and Similar Amounts Paid$15,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$271,922$14,043-$285,965
Current Officers, Directors, Trustees, and Key Employees$94,194$111,644$23,549$229,387
Other Salaries and Wages$52,257$61,938$13,064$127,259
Occupancy$22,769$45,218$22,769$90,756
Office Expenses$1,181-$14,616$15,797
Grants to Domestic Individuals$15,500--$15,500
Information Technology-$8,291-$8,291
Fees for Services Accounting-$8,051-$8,051
Other Expenses$4,440$762$8,971$5,202
Travel-$79-$79
Total Functional Expenses$462,263$250,026$97,754$810,043

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$810,043
Total Expenses per Audited Statements$810,043
Total Expenses per Form 990$810,043
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Ifa$396,203
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

“The foundation's executive committee exercises authority of the board of trustees during the periods between board meetings, with the exception of any powers specifically reserved for the board by operation of district of columbia law, or by resolution of the board. The foundation's executive committee consists of the board chairman, immediate past chairman, first vice chairman, second vice chairman, secretary-treasurer, and at large-members. The at-large members are chairman of the icfe board of governors, chairman of the diversity institute board, chairman of the nextgen in franchising committee, and chairman of the vetfran committee. Ex officio members are the foundation president, the ifa ceo, and the foundation general counsel.”

Form 990, Part VI, Section A, Line 6

“The foundation has regular members; regular members shall be the contributors to the foundation.”

Form 990, Part VI, Section A, Line 7A

“The foundation, per its bylaws, has 28 trustees. Eight members of the board of directors of the international franchise association serve on the foundation board of trustees. The international franchise association is a related entity. Trustees are nominated for positions on the foundation's board of trustees by the foundation's executive committee. The foundation's executive committee consists of the board chairman, immediate past chairman, first vice chairman, second vice chairman, secretary-treasurer, and at large-members. The at-large members are chairman of the icfe board of governors, chairman of the diversity institute board, chairman of the nextgen in franchising committee, and chairman of the vetfran committee. Ex officio members are the foundation president, the ifa ceo, and the foundation general counsel.”

Form 990, Part VI, Section B, Line 11B

“The chief financial officer reviews the return before it is filed.”

Form 990, Part VI, Section B, Line 15

“Salaries of foundation employees are paid by the international franchise association (ifa), a related exempt 501(c)(6) organization. The salary of the foundation's president/coo is reviewed by ifa's president/ceo on an annual basis.”

Form 990, Part VI, Section C, Line 19

“The foundation makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Ifa Foundation
EIN
52-1358631
Phone
2026288000
Address
1900 K STREET NW NO 700, WASHINGTON, DC 20006

Signing Officer

Name
Michael Williams
Title
Chief Financial Officer
Phone
2026288000
Signed
2022-09-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Williams
Formed
1983
Legal Domicile
Dc
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
350

Preparer

Firm
Rsm US Llp
Address
1861 INTERNATIONAL DRIVE SUITE 400, MCLEAN, VA 22102
Preparer
Frederick Longwood
Phone
7033366400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Outside services: program service expenses 271,922. Management and general expenses 14,043. Fundraising expenses 0. Total expenses 285,965.”

FORM 990, PART XI, LINE 9:

“Prior year adj. For vet fran program contribution equity in earnings of subsidiary -29,553.”

Form 990, Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Equity in earnings of subsidiary -29,553.”

Raw XML AppendixShowing 400 of 641 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/ActivityOrMissionDesc0ADVANCING FRANCHISING AND THE FREE ENTERPRISE SYSTEM BY:--INCREASING THE KNOWLEDGE AND PROFESSIONAL STANDARDS OF ALL MEMBERS OF THE FRANCHISING COMMUNITY,--EDUCATING THE NEXT GENERATION OF FRANCHISING PRACTITIONERS,--INCREASING RECOGNITION OF FRANCHISING'S KEY ROLE IN THE FREE ENTERPRISE SYSTEM, AND--PROVIDING COMPREHENSIVE INFORMATION AND RESEARCH ABOUT IMPORTANT DEVELOPMENTS AND TRENDS IN FRANCHISING.
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IRS990/Form990PartVIISectionAGrp/PersonNm1DAN MONAGHAN CFE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26207234
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11ST VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt22ND VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR, DIVERSITY INSTITUTE
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR, VETFRAN COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR, NEXTGEN IN FRANCHISE
IRS990/Form990PartVIISectionAGrp/TitleTxt8AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15LEGAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHAIR, ICFE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt17AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25AT LARGE TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantAmt015500
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt015500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt015500
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0448911
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08291
IRS990/InformationTechnologyGrp/TotalAmt08291
IRS990/InvestmentIncomeGrp/ExclusionAmt0100854
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0100854
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0301428
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0271875
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07997540
IRS990/InvestmentsPubTradedSecGrp/EOYAmt09442218
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ADVANCING FRANCHISING AND THE FREE ENTERPRISE SYSTEM BY:--INCREASING THE KNOWLEDGE AND PROFESSIONAL STANDARDS OF ALL MEMBERS OF THE FRANCHISING COMMUNITY;--EDUCATING THE NEXT GENERATION OF FRANCHISING PRACTITIONERS; ANDINCREASING RECOGNITION OF FRANCHISING'S KEY ROLE IN THE FREE ENTERPRISE SYSTEM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09838677
IRS990/NetAssetsOrFundBalancesEOYAmt010791693
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01343701
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05060134
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06216947
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt022769
IRS990/OccupancyGrp/ManagementAndGeneralAmt045218
IRS990/OccupancyGrp/ProgramServicesAmt022769
IRS990/OccupancyGrp/TotalAmt090756
IRS990/OfficeExpensesGrp/FundraisingAmt014616
IRS990/OfficeExpensesGrp/ProgramServicesAmt01181
IRS990/OfficeExpensesGrp/TotalAmt015797
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt059445
IRS990/OtherChangesInNetAssetsAmt0-29553
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt014785
IRS990/OtherExpensesGrp/FundraisingAmt18971
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0762
IRS990/OtherExpensesGrp/ProgramServicesAmt04440
IRS990/OtherExpensesGrp/TotalAmt014785
IRS990/OtherExpensesGrp/TotalAmt18971
IRS990/OtherExpensesGrp/TotalAmt25202
IRS990/OtherLiabilitiesGrp/BOYAmt0180115
IRS990/OtherLiabilitiesGrp/EOYAmt0396203
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt013064
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt061938
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt052257
IRS990/OtherSalariesAndWagesGrp/TotalAmt0127259
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01700298
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01385636
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022678
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MICHAEL WILLIAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0336438
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt041366
IRS990/PYInvestmentIncomeAmt0199976
IRS990/PYOtherExpensesAmt0349656
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-296433
IRS990/PYSalariesCompEmpBnftPaidAmt0441825
IRS990/PYTotalExpensesAmt0832847
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0536414
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-361132
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041182
IRS990/SavingsAndTempCashInvstGrp/EOYAmt064356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0348057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0336438
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01043710
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01427386
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0912802
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04068393
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0100854
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0199976
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0196542
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0171487
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0132456
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0801315

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,223,530
Liabilities
$431,837
Net assets
$10,791,693
Revenue
$448,911
Expenses
$810,043
Net income
-$361,132
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$0.32$10.2$2.57$1.27$1.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.89$0.69$8.20$0.43$1.43$1.00
2021Detailed filing. Detailed filing data is available for this year.$11.2$0.43$10.8$0.45$0.81$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.22$9.84$0.54$0.83$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.29$9.85$1.24$1.08$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$0.22$9.79$1.13$2.19$1.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$0.13$10.3$0.95$2.30$1.34
2014Detailed filing. Detailed filing data is available for this year.$12.3$0.19$12.1$7.22$1.68$5.54
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.43$0.08$6.35$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.99$0.03$5.97$1.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.90$0.07$5.84$1.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.82$0.10$5.72$0.92