Civic Intelligence

Field Ready Inc.

990 • Fiscal year 2016 • EIN 61-1725201

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 28, 2017

Organization Profilewww.fieldready.org
922 Davis StreetEvanston, IL 60201

(773) 969-9750

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

$153,143

No earlier filing loaded for comparison.

Net Assets

$153,143

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin89th percentile

Revenue

$350,237

No earlier filing loaded for comparison.

Expenses

$205,484

No earlier filing loaded for comparison.

Net Income

$144,753

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KAssets 2016: $153,143Liabilities 2016: $0Net Assets 2016: $153,1432016Assets 2017: $266,927Liabilities 2017: $204,161Net Assets 2017: $62,7662017Assets 2018: $403,868Liabilities 2018: $156,480Net Assets 2018: $247,3882018Assets 2019: $780,115Liabilities 2019: $675,020Net Assets 2019: $105,0952019Assets 2020: $1,459,639Liabilities 2020: $1,125,786Net Assets 2020: $333,8532020Assets 2021: $891,610Liabilities 2021: $943,581Net Assets 2021: -$51,9712021Assets 2022: $365,844Liabilities 2022: $224,273Net Assets 2022: $141,5712022Assets 2023: $443,091Liabilities 2023: $238,000Net Assets 2023: $205,0912023Assets 2024: $604,736Liabilities 2024: $305,014Net Assets 2024: $299,7222024

Highlighted filing

2016

Assets$153,143
Liabilities$0
Net Assets$153,143
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $350,237Expenses 2016: $205,484Net Income 2016: $144,7532016Revenue 2017: $790,951Expenses 2017: $861,207Net Income 2017: -$70,2562017Revenue 2018: $1,089,515Expenses 2018: $904,893Net Income 2018: $184,6222018Revenue 2019: $1,214,396Expenses 2019: $1,155,524Net Income 2019: $58,8722019Revenue 2020: $2,388,466Expenses 2020: $2,159,708Net Income 2020: $228,7582020Revenue 2021: $3,039,732Expenses 2021: $2,970,796Net Income 2021: $68,9362021Revenue 2022: $2,269,645Expenses 2022: $2,420,360Net Income 2022: -$150,7152022Revenue 2023: $1,086,715Expenses 2023: $941,520Net Income 2023: $145,1952023Revenue 2024: $1,184,057Expenses 2024: $1,091,357Net Income 2024: $92,7002024

Highlighted filing

2016

Revenue$350,237
Expenses$205,484
Net Income$144,753
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 28, 2017
Return Version
2016v3.0
Gross Receipts
$350,237
Mission and Program Overview

Mission

To transform the way that needs are met in disaster relief and recovery by providing assistance through technology, innovative design and engaging people in new ways. The impact of this will be dramatically improving efficiency in aid delivery by meeting needs that are at best only partially fulfilled at present by cutting procurement costs and reducing transportation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,390$153,143▲ $144,753
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-
Total Assets$8,390$153,143▲ $144,753
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$71,331$225,433▲ $154,102
Unrestricted Net Assets$-62,941$-72,290▼ $9,349
Total Net Assets Fund Balance$8,390$153,143▲ $144,753
Total Liabilities and Net Assets / Fund Balance$8,390$153,143▲ $144,753
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Conrad NowakChairman
Eric JamesCo-Founder/Director
Jonathan WillSecretary
Sallie SteinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$350,237
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$350,237
Change in Net Assets
$144,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$205,484
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
Travel$18,517$13,448-$31,965
All Other Expenses$3,532$2,920-$6,452
Other Expenses$3,301$1,687-$3,301
Information Technology$2,285$456-$2,741
Office Expenses$982$682-$1,664
Total Functional Expenses$147,804$57,680$0$205,484
International Activity

International Summary

Offices
1
Employees
8
Spending
$148,291

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and EuropeProgram Services & Admin.Relief aid supplies & RD16$101,625
South AsiaProgram Services & Admin.Relief aid supplies & RD02$46,666
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
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
Yes
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

“Form 990 is reviewed by the Co-Founder/Director prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All board members, contractors, interns and volunteers are required to read and comply with the Organization's Standard Policies, which includes the conflict of interest.”

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

“The Organization's governing documents, policies and financial statements may be made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Field Ready Inc
EIN
61-1725201
Phone
7739699750
Address
922 Davis Street, Evanston, IL 60201

Signing Officer

Name
Eric James PhD
Title
President
Signed
2017-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric James PhD
Formed
2013
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
FK Advisors
Address
600 Academy Drive Suite 140, Northbrook, IL 60062
Preparer
Raymond A Kirschner
Phone
8477706700
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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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IRS990ScheduleF/TotalSpentAmt0148291
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by the Co-Founder/Director prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All board members, contractors, interns and volunteers are required to read and comply with the Organization's Standard Policies, which includes the conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization's governing documents, policies and financial statements may be made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt071331
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0225433
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08390
IRS990/TotalAssetsEOYAmt0153143
IRS990/TotalAssetsGrp/BOYAmt08390
IRS990/TotalAssetsGrp/EOYAmt0153143
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0350237
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057680
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0147804
IRS990/TotalFunctionalExpensesGrp/TotalAmt0205484
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08390
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0153143
IRS990/TotalProgramServiceExpensesAmt0147804
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0350237
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08390
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0153143
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt013448
IRS990/TravelGrp/ProgramServicesAmt018517
IRS990/TravelGrp/TotalAmt031965
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-62941
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-72290
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.fieldready.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Eric James PhD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Field Ready Inc
ReturnHeader/Filer/BusinessNameControlTxt0FIEL
ReturnHeader/Filer/EIN0611725201
ReturnHeader/Filer/PhoneNum07739699750
ReturnHeader/Filer/USAddress/AddressLine1Txt0922 Davis Street
ReturnHeader/Filer/USAddress/CityNm0Evanston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FK Advisors
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 Academy Drive Suite 140
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Northbrook
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060062
ReturnHeader/PreparerPersonGrp/PhoneNum08477706700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Raymond A Kirschner
ReturnHeader/ReturnTs02017-08-28T09:03:44-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$153,143
Liabilities
$0
Net assets
$153,143
Revenue
$350,237
Expenses
$205,484
Net income
$144,753
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.31$0.30$1.18$1.09$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.44$0.24$0.21$1.09$0.94$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.37$0.22$0.14$2.27$2.42$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.94$0.05$3.04$2.97$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.46$1.13$0.33$2.39$2.16$0.23
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.68$0.11$1.21$1.16$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.16$0.25$1.09$0.90$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.20$0.06$0.79$0.86$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.35$0.21$0.14