Civic Intelligence

Field Ready Inc.

990 • Fiscal year 2022 • EIN 61-1725201

Jan 01, 2022 to Dec 31, 2022 • Filed on Dec 01, 2023

922 Davis StreetEvanston, IL 60201

(773) 969-9750

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$365,844

Flat from 2022

Net Assets

Flat

$141,571

Flat from 2022

Liabilities

Flat

$224,273

Flat from 2022

Revenue And Expenses

Revenue

Flat

$2,269,645

Flat from 2022

Expenses

Flat

$2,420,360

Flat from 2022

Net Income

Flat

-$150,715

Flat from 2022

Historical Trend

Balance Sheet Trend

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 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

2022

Assets$365,844
Liabilities$224,273
Net Assets$141,571

Operations Trend

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 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

2022

Revenue$2,269,645
Expenses$2,420,360
Net Income-$150,715
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Dec 1, 2023
Return Version
2022v5.0
Gross Receipts
$2,269,645
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.

To transform the way that needs are met in disaster relief and recovery by providing assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$109,983$123,407▲ $13,424
Land, Buildings, and Equipment, Net$135,616$68,520▼ $67,096
Accounts Receivable$30,623$41,201▲ $10,578
Savings and Temporary Cash Investments$411,209$14,737▼ $396,472
Prepaid Expenses and Deferred Charges$0$2,831▲ $2,831
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$891,610$365,844▼ $525,766
Other Assets Total$204,179$115,148▼ $89,031
Liabilities
Other Liabilities$451,196--
Accounts Payable and Accrued Expenses$454,734$224,273▼ $230,461
Deferred Revenue$37,651$0▼ $37,651
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$943,581$224,273▼ $719,308
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-88,128$141,571▲ $229,699
Net Assets With Donor Restrictions$36,157$0▼ $36,157
Total Net Assets Fund Balance$-51,971$141,571▲ $193,542
Total Liabilities and Net Assets / Fund Balance$891,610$365,844▼ $525,766

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$68,520$1,693$70,213
Other Land Buildings$0$0$0
Land$0-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Other Assets Org$68,558--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Eric JamesPresident Executive DirectorFT$76,070$76,070

Board Members and Trustees

NameTitle
Conrad NowakChairman
Dave M HollomanDirector
Jonathan WillSecretary
Sallie SteinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,257,958
Program Service Revenue
$0
Investment Income
$16
Other Revenue
$11,671
All Other Contributions
$1,821,064
Change in Net Assets
$-150,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,629,521
Salaries, Compensation, and Employee Benefits$788,896
Total Fundraising Expense$103,997
Professional Fundraising Fees$1,943
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$781,827$0$0$781,827
Current Officers, Directors, Trustees, and Key Employees$414,626$55,031$22,000$491,657
Other Salaries and Wages$271,261$1,226$18,475$290,962
Fees for Services Other$135,972$43,634$0$179,606
Travel$74,222$12,598$0$86,820
Other Expenses$25,820$6,137$29,410$61,367
Office Expenses$32,752$10,889$4,190$47,831
Insurance$23,601$15,272$0$38,873
Fees for Services Accounting$0$32,684$0$32,684
Occupancy$28,276$1,100$0$29,376
Information Technology$10,000$2,835$0$12,835
Fees for Services Legal$9,339$0$0$9,339
Other Employee Benefits$6,277$0$0$6,277
Advertising$2,685$0$679$3,364
Fees for Services Professional Fundraising--$1,943$1,943
Conferences and Meetings$0$0$1,300$1,300
Total Functional Expenses$2,110,791$205,572$103,997$2,420,360
International Activity

International Summary

Offices
4
Employees
50
Spending
$1,498,718

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 North AfricaProgram ServicesHumanitarian aid, supplies and R&D.225$693,608
East Asia and the PacificProgram ServicesHumanitarian aid, supplies and R&D.220$565,900
Sub-Saharan AfricaProgram ServicesHumanitarian aid, supplies and R&D.05$239,210
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,943
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A draft of the IRS Form 990 is circulated to Board members for review prior to filing.

Form 990, Part VI, Section B, Line 12C

Annual conflict of interest statements is signed by each board member.

Form 990, Part VI, Section B, Line 15

The Board of Directors approved compensation of the executive director and uses comparative analysis of similar nonprofit organizations as a benchmark for such compensation granted.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest disclosures, financial statements and IRS form 990's are made available to the general 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
Executive Director
Phone
7739699750
Signed
2023-12-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric James PHD
Formed
2013
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
5

Preparer

Firm
Icl LLC
Address
55 East Monroe Suite 3800, Chicago, IL 60603
Preparer
James Hill
Phone
8003071008
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

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.

Form 990, Part XI, Line 9

Net reduction of other liabilities in prior year.

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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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IRS990/Form990PartVIISectionAGrp/PersonNm0Eric James
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IRS990/Form990PartVIISectionAGrp/PersonNm2Jonathan Will
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IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt124000
IRS990/OtherExpensesGrp/FundraisingAmt22000
IRS990/OtherExpensesGrp/FundraisingAmt329410
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt124166
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36137
IRS990/OtherExpensesGrp/ProgramServicesAmt071145
IRS990/OtherExpensesGrp/ProgramServicesAmt1220341
IRS990/OtherExpensesGrp/ProgramServicesAmt22647
IRS990/OtherExpensesGrp/ProgramServicesAmt325820
IRS990/OtherExpensesGrp/TotalAmt071145
IRS990/OtherExpensesGrp/TotalAmt1268507
IRS990/OtherExpensesGrp/TotalAmt24647
IRS990/OtherExpensesGrp/TotalAmt361367
IRS990/OtherLiabilitiesGrp/BOYAmt0451196
IRS990/OtherRevenueTotalAmt011671
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018475
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01226
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0271261
IRS990/OtherSalariesAndWagesGrp/TotalAmt0290962
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0781827
IRS990/PaymentsToAffiliatesGrp/TotalAmt0781827
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02831
IRS990/PrincipalOfficerNm0Eric James PHD
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02995292
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030
IRS990/PYOtherExpensesAmt02894126
IRS990/PYOtherRevenueAmt044410
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt069536
IRS990/PYSalariesCompEmpBnftPaidAmt076070
IRS990/PYTotalExpensesAmt02970196
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03039732
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-150715
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0411209
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014737
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Foreign currency transaction gains.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02257958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02995292
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02359886
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01214300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01089515
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09916951
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt096
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0171
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt011671
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt044410
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0495
IRS990ScheduleA/OtherIncome170Grp/TotalAmt056576
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99431
IRS990ScheduleA/PublicSupportPY170Pct00.9997
IRS990ScheduleA/PublicSupportTotal170Amt09916951
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02257958
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02995292
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02359886
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01214300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01089515
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09916951
IRS990ScheduleA/TotalSupportAmt09973698
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt068520
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01693
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt070213
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt046590
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt168558
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Other Prepaid Assets
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Due from Affiliates
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00

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