Civic Intelligence

Drcnet Foundation Inc.

990EZ • Fiscal year 2017 • EIN 52-2034867

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 07, 2018

PO Box 9853Washington, DC 20016

(202) 362-0030

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$17,252

Up $5,704 (+49%) from 2016

Net Assets

Down

-$22,105

Down $13,134 (-146%) from 2016

Liabilities

Up

$39,357

Up $18,838 (+92%) from 2016

Revenue And Expenses

Revenue

Down

$129,593

Down $12,224 (-8.6%) from 2016

Expenses

Up

$138,732

Up $9,316 (+7.2%) from 2016

Net Income

Down

-$9,139

Down $21,540 (-174%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2010: $18,233Liabilities 2010: $18,233Net Assets 2010: $02010Assets 2012: $65,992Liabilities 2012: $9,557Net Assets 2012: $56,4352012Assets 2013: $59,198Liabilities 2013: $19,459Net Assets 2013: $39,7392013Assets 2014: $2,949Liabilities 2014: $34,518Net Assets 2014: -$31,5692014Assets 2015: $4,744Liabilities 2015: $26,338Net Assets 2015: -$21,5942015Assets 2016: $11,548Liabilities 2016: $20,519Net Assets 2016: -$8,9712016Assets 2017: $17,315Liabilities 2017: $42,210Net Assets 2017: -$24,8952017Assets 2017: $17,252Liabilities 2017: $39,357Net Assets 2017: -$22,1052017Assets 2018: $9,652Liabilities 2018: $22,636Net Assets 2018: -$12,9842018Assets 2019: $3,004Liabilities 2019: $36,459Net Assets 2019: -$33,4552019Assets 2020: $67,071Liabilities 2020: $60,517Net Assets 2020: $6,5542020Assets 2021: $76,691Liabilities 2021: $117,273Net Assets 2021: -$40,5822021Assets 2022: $25,413Liabilities 2022: $251,577Net Assets 2022: -$226,1642022Assets 2023: $25,264Liabilities 2023: $323,989Net Assets 2023: -$298,7252023

Highlighted filing

2017

Assets$17,252
Liabilities$39,357
Net Assets-$22,105

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $147,545Expenses 2010: $148,163Net Income 2010: -$6182010Revenue 2012: $143,819Expenses 2012: $120,027Net Income 2012: $23,7922012Revenue 2013: $95,134Expenses 2013: $105,922Net Income 2013: -$10,7882013Revenue 2014: $89,244Expenses 2014: $116,497Net Income 2014: -$27,2532014Revenue 2015: $104,359Expenses 2015: $103,005Net Income 2015: $1,3542015Revenue 2016: $141,817Expenses 2016: $129,416Net Income 2016: $12,4012016Revenue 2017: $127,364Expenses 2017: $138,933Net Income 2017: -$11,5692017Revenue 2017: $129,593Expenses 2017: $138,732Net Income 2017: -$9,1392017Revenue 2018: $165,310Expenses 2018: $156,492Net Income 2018: $8,8182018Revenue 2019: $90,080Expenses 2019: $110,912Net Income 2019: -$20,8322019Revenue 2020: $192,197Expenses 2020: $152,881Net Income 2020: $39,3162020Revenue 2021: $118,214Expenses 2021: $157,751Net Income 2021: -$39,5372021Revenue 2022: $41,811Expenses 2022: $237,328Net Income 2022: -$195,5172022Revenue 2023: $48,919Expenses 2023: $147,090Net Income 2023: -$98,1712023

Highlighted filing

2017

Revenue$129,593
Expenses$138,732
Net Income-$9,139
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 7, 2018
Return Version
2017v2.0
Gross Receipts
$129,593
Mission and Program Overview

Mission

To raise awareness of the impact of current drug policies; to promote debate on drug prohibition and alternatives; to promote positive reforms to drug laws and policies; and to reduce the harm associated with both drugs and drug laws.

Program Services

DescriptionGrantsExpenses
Organized a side event on extrajudicial killings in the Philippine drug war, "Human Rights Challenge: Responding to Extrajudicial Killings in the Drug War," at the Commission on Narcotic Drugs meeting at the UN in Vienna. The event featured a video from Vice President Robredo of the Philippines, which became extremely high profile in that country. Organized a sign-on statement on the issue to coincide with the November ASEAN Summit, which took place in Manila, and did other work on the issue.$0$53,133
Published 48 issues of our acclaimed online drug policy newsletter, Drug War Chronicle.$0$29,577
Published a blog and published other information on our web site, communicated with the media, and engaged in other continuing educational work over the course of the year.$440$18,162
Continued to work on drug policy at the United Nations, including the Commission on Narcotic Drugs and the Sustainable Development Goals. Supported the work of fellow advocates in UN drug policy work.$3,267$11,108
Supported lobbying on drug policy reform issues, primarily of Congress, through a grant to our 501(c)(4) affiliate organization, Drug Reform Coordination Network. This work includes organizing a coalition to lobby policymakers on US international drug policy, online write-to-Congress web forms and accompanying email action alerts, and recruitment of organizations onto sign-on letters directed to Congress.$5,900$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David BordenPresident And DirectorPT$48,000-$48,000
Marco PerducaSecretary And Director-$0--
Joey TranchinaTreasurer And Director-$0--
Governance and Compliance

Governance Explanations

Form 990-EZ, Part VI, Line 49

501(h) lobbying grant to partner nonprofit

Filing and Contact Details

Filer

Filer Name
Drcnet Foundation Inc
EIN
52-2034867
Phone
2023620030
Address
PO Box 9853, Washington, DC 20016

Signing Officer

Name
David Borden
Title
President
Phone
2023620030
Signed
2018-11-07
Supplemental Narrative

Additional Explanations

Form 990-EZ, Header, Line B

This amendment addresses an erroneous accounting entry which affected our revenue and liabilities, and some small errors in which payroll withholding amounts got misnotated as employer payroll taxes.

Form 990-EZ, Part I, Line 8

Description;Amount^travel reimbursement to conference for two organizational representatives;500|PayPal debit card cash back;7|Amazon Smile percentage;5^Total;512^

Form 990-EZ, Part I, Line 10

Lobbying grant to partner organization, made under 501(h) election.

Form 990-EZ, Part I, Line 16

Description;Amount^accounting;38|bank fees;661|conferences;1200|contributions;3717|credit card merchant fees;1934|depreciation and loss;248|directors and officers insurance;3743|dues and subscriptions;809|finance charges;587|government fees;6|liability insurance;1135|local travel;54|meals;3269|member premiums;537|miscellaneous;279|payroll administration;1324|property insurance;340|supplies;88|travel;10927|web site design;151|web site hosting;527|workers compensation insurance;271^Total;31845^

Form 990-EZ, Part I, Line 20

Description;Amount^account reconciliation adjustments and other discrepancies;-120|vendor balance incorrectly written off in 2015 books;343^Total;223^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^employee expense advance;123|donations receivable;12595|member premium inventory;700|prepaid accounts;384|equipment;732^Total;14534^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^accounts payable;2214|employee loan to company;6397|expense sharing due to partner organization;18763|payroll liabilities;9953|loan from allied organization for special project;2030^Total;39357^

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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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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0accepted some 2017 net pay in early 2018 to facilitate cash flow needs
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This amendment addresses an erroneous accounting entry which affected our revenue and liabilities, and some small errors in which payroll withholding amounts got misnotated as employer payroll taxes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^travel reimbursement to conference for two organizational representatives;500|PayPal debit card cash back;7|Amazon Smile percentage;5^Total;512^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Lobbying grant to partner organization, made under 501(h) election.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;Amount^accounting;38|bank fees;661|conferences;1200|contributions;3717|credit card merchant fees;1934|depreciation and loss;248|directors and officers insurance;3743|dues and subscriptions;809|finance charges;587|government fees;6|liability insurance;1135|local travel;54|meals;3269|member premiums;537|miscellaneous;279|payroll administration;1324|property insurance;340|supplies;88|travel;10927|web site design;151|web site hosting;527|workers compensation insurance;271^Total;31845^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description;Amount^account reconciliation adjustments and other discrepancies;-120|vendor balance incorrectly written off in 2015 books;343^Total;223^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description;EOY Amount^employee expense advance;123|donations receivable;12595|member premium inventory;700|prepaid accounts;384|equipment;732^Total;14534^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description;EOY Amount^accounts payable;2214|employee loan to company;6397|expense sharing due to partner organization;18763|payroll liabilities;9953|loan from allied organization for special project;2030^Total;39357^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7501(h) lobbying grant to partner nonprofit
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part VI, Line 49
ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DRCNET FOUNDATION INC
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ReturnHeader/Filer/PhoneNum02023620030
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020016
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0165.117.230.130
ReturnHeader/ReturnTs02018-10-28T13:06:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.25$3.24$2.99$0.49$1.47$0.98
2022Detailed filing. Detailed filing data is available for this year.$0.25$2.52$2.26$0.42$2.37$1.96
2021Detailed filing. Detailed filing data is available for this year.$0.77$1.17$0.41$1.18$1.58$0.40
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.61$0.07$1.92$1.53$0.39
2019Detailed filing. Detailed filing data is available for this year.$0.03$0.36$0.33$0.90$1.11$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.23$0.13$1.65$1.56$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.42$0.25$1.27$1.39$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.39$0.22$1.30$1.39$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.21$0.09$1.42$1.29$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.26$0.22$1.04$1.03$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.35$0.32$0.89$1.16$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.59$0.19$0.40$0.95$1.06$0.11
2012Summary only. Only limited summary data is available for this year.$0.66$0.10$0.56$1.44$1.20$0.24
2010Summary only. Only limited summary data is available for this year.$0.18$0.18$0.00$1.48$1.48$0.01