Civic Intelligence

Fastr Inc

990 • Fiscal year 2018 • EIN 81-2562547

Jan 01, 2018 to Jun 30, 2018 • Filed on May 09, 2019

650 NE Holladay Street No 1600Portland, OR 97232

(440) 251-0103

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 2018

Liabilities / Revenue

47th percentile

0.00x

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

3rd percentile

-100%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $77,235 (-100%) from 2017

Net Assets

Down

$0

Down $77,235 (-100%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$77,500

Down $315,000 (-80%) from 2017

Expenses

Down

$154,735

Down $315,988 (-67%) from 2017

Net Income

Up

-$77,235

Up $988 (+1.3%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $155,458Liabilities 2016: $0Net Assets 2016: $155,4582016Assets 2017: $77,235Liabilities 2017: $0Net Assets 2017: $77,2352017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $587,500Expenses 2016: $432,042Net Income 2016: $155,4582016Revenue 2017: $392,500Expenses 2017: $470,723Net Income 2017: -$78,2232017Revenue 2018: $77,500Expenses 2018: $154,735Net Income 2018: -$77,2352018

Highlighted filing

2018

Revenue$77,500
Expenses$154,735
Net Income-$77,235
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Jun 30, 2018
Signed
May 9, 2019
Return Version
2018v3.1
Gross Receipts
$77,500
Mission and Program Overview

Mission

To promote the common business interest of its members in improving automotive security and safety.

Promote the common business interest of its members in improving automotive security and safety.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$77,235$0▼ $77,235
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$77,235$0▼ $77,235
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$77,235$0▼ $77,235
Total Net Assets Fund Balance$77,235$0▼ $77,235
Total Liabilities and Net Assets / Fund Balance$77,235$0▼ $77,235
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven GrobmanPresident
John FlynnBoard Member
Joe GulloExecutive Director
Michelle AvarySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$75,000
Program Service Revenue
$2,500
Investment Income
$0
Other Revenue
$0
All Other Contributions
$75,000
Change in Net Assets
$-77,235
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$134,540
Grants and Similar Amounts Paid$20,195
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$49,800
Fees for Services Legal---$38,465
Grants to Domestic Orgs---$20,195
Travel---$18,201
Fees for Services Other---$12,925
Advertising---$8,700
Insurance---$2,614
Fees for Services Accounting---$2,300
Office Expenses---$737
Information Technology---$282
Other Expenses---$82
Total Functional Expenses$0$0$0$154,735
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Genivi AllianceSan Ramon, CA501(c)(6)Dissolution Distribution$20,195
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
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
Backup withholding compliance
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Kathleen burns provided operations services such as association management, member management, technical program management, add'l vendor management including finance, website hosting, event planning and public relations

Form 990, Part VI, Section A, Line 6

Classes of membership: participating members - non-voting class. Includes contributing members and promoting members. Founding members - voting class. The affirmative vote of a majority of founding members shall be required for an amendment to the certificate or bylaws (a) to create any class of members with rights, responsibilities and privileges senior to those of founding members or (b) to materially alter, reduce or eliminate the rights, responsibilities and privileges of founding members. Each of the first fifteen founding members, so long as it is in good standing, is entitled to appoint one director to the corporation. Lead founding member - voting class. Includes rights of founding members with certain special privileges, including (a) the director appointed by the lead founding member will have a vote right over all board actions, (b) that director must be present as part of any quorum (c) the right to appoint the president of the corporation. The class of lead founding member consists solely of intel corporation, until october 21, 2017, at which time this category will terminate and intel corporation will then after be a founding member.

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

Each of the first fifteen (15) founding members to accept the terms of the membership agreement will, so long as it is a founding member of the corporation in good standing, be entitled to appoint one director via written notice to the corporation (a "founding director"). The founding member may replace its appointee from time to time upon written notice to the corporation. Each founding director must be an employee, or authorized agent, of the corresponding founding member. A founding director will serve until (a) she or he is no longer an employee (or agent) of the founding member, (b) she or he resigns, is replaced by his or her employer, or is removed from office, (c) the membership of the founding member that appointed the founding director terminates, or (d) the status of the founding member that appointed the founding director is changed from founding member to participating member or any other class of membership that does not entitle the member to the appointment of a director.

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

The affirmative vote of a majority of founding members then holding active memberships and in good standing and of the lead founding member shall be required for an amendment to the certificate or these bylaws (a) to create any class of members with rights, responsibilities and privileges senior to those of the founding members, or (b) to materially alter, reduce or eliminate the rights, responsibilities and privileges of the founding members.

Form 990, Part VI, Section A, Line 8B

The organization does not have committees with authority to act on behalf of the gorverning board.

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

The form 990 will be posted in electronic form to the organization's collaboration tool for the board's review prior to filing.

Form 990, Part VI, Section C, Line 18

The organization plans to post their initial form 990 and subsequent forms to their website.

Form 990, Part VI, Section C, Line 19

Governing documents are available for public inspection on the organization's website.

Filing and Contact Details

Filer

Filer Name
Fastr Inc
EIN
81-2562547
Phone
4402510103
Address
650 NE HOLLADAY STREET NO 1600, PORTLAND, OR 97232

Signing Officer

Name
Joe Gullo
Title
Executive Director
Phone
4402510103
Signed
2019-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Gullo
Formed
2016
Legal Domicile
Or
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
9

Preparer

Firm
Aldrich Cpas and Advisors Llp
Address
5665 SW MEADOWS RD SUITE 200, LAKE OSWEGO, OR 97035
Preparer
Elsa a Romero
Phone
5036204489
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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/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KATHLEEN BURNS PROVIDED OPERATIONS SERVICES SUCH AS ASSOCIATION MANAGEMENT, MEMBER MANAGEMENT, TECHNICAL PROGRAM MANAGEMENT, ADD'L VENDOR MANAGEMENT INCLUDING FINANCE, WEBSITE HOSTING, EVENT PLANNING AND PUBLIC RELATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLASSES OF MEMBERSHIP: PARTICIPATING MEMBERS - NON-VOTING CLASS. INCLUDES CONTRIBUTING MEMBERS AND PROMOTING MEMBERS. FOUNDING MEMBERS - VOTING CLASS. THE AFFIRMATIVE VOTE OF A MAJORITY OF FOUNDING MEMBERS SHALL BE REQUIRED FOR AN AMENDMENT TO THE CERTIFICATE OR BYLAWS (A) TO CREATE ANY CLASS OF MEMBERS WITH RIGHTS, RESPONSIBILITIES AND PRIVILEGES SENIOR TO THOSE OF FOUNDING MEMBERS OR (B) TO MATERIALLY ALTER, REDUCE OR ELIMINATE THE RIGHTS, RESPONSIBILITIES AND PRIVILEGES OF FOUNDING MEMBERS. EACH OF THE FIRST FIFTEEN FOUNDING MEMBERS, SO LONG AS IT IS IN GOOD STANDING, IS ENTITLED TO APPOINT ONE DIRECTOR TO THE CORPORATION. LEAD FOUNDING MEMBER - VOTING CLASS. INCLUDES RIGHTS OF FOUNDING MEMBERS WITH CERTAIN SPECIAL PRIVILEGES, INCLUDING (A) THE DIRECTOR APPOINTED BY THE LEAD FOUNDING MEMBER WILL HAVE A VOTE RIGHT OVER ALL BOARD ACTIONS, (B) THAT DIRECTOR MUST BE PRESENT AS PART OF ANY QUORUM (C) THE RIGHT TO APPOINT THE PRESIDENT OF THE CORPORATION. THE CLASS OF LEAD FOUNDING MEMBER CONSISTS SOLELY OF INTEL CORPORATION, UNTIL OCTOBER 21, 2017, AT WHICH TIME THIS CATEGORY WILL TERMINATE AND INTEL CORPORATION WILL THEN AFTER BE A FOUNDING MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH OF THE FIRST FIFTEEN (15) FOUNDING MEMBERS TO ACCEPT THE TERMS OF THE MEMBERSHIP AGREEMENT WILL, SO LONG AS IT IS A FOUNDING MEMBER OF THE CORPORATION IN GOOD STANDING, BE ENTITLED TO APPOINT ONE DIRECTOR VIA WRITTEN NOTICE TO THE CORPORATION (A "FOUNDING DIRECTOR"). THE FOUNDING MEMBER MAY REPLACE ITS APPOINTEE FROM TIME TO TIME UPON WRITTEN NOTICE TO THE CORPORATION. EACH FOUNDING DIRECTOR MUST BE AN EMPLOYEE, OR AUTHORIZED AGENT, OF THE CORRESPONDING FOUNDING MEMBER. A FOUNDING DIRECTOR WILL SERVE UNTIL (A) SHE OR HE IS NO LONGER AN EMPLOYEE (OR AGENT) OF THE FOUNDING MEMBER, (B) SHE OR HE RESIGNS, IS REPLACED BY HIS OR HER EMPLOYER, OR IS REMOVED FROM OFFICE, (C) THE MEMBERSHIP OF THE FOUNDING MEMBER THAT APPOINTED THE FOUNDING DIRECTOR TERMINATES, OR (D) THE STATUS OF THE FOUNDING MEMBER THAT APPOINTED THE FOUNDING DIRECTOR IS CHANGED FROM FOUNDING MEMBER TO PARTICIPATING MEMBER OR ANY OTHER CLASS OF MEMBERSHIP THAT DOES NOT ENTITLE THE MEMBER TO THE APPOINTMENT OF A DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AFFIRMATIVE VOTE OF A MAJORITY OF FOUNDING MEMBERS THEN HOLDING ACTIVE MEMBERSHIPS AND IN GOOD STANDING AND OF THE LEAD FOUNDING MEMBER SHALL BE REQUIRED FOR AN AMENDMENT TO THE CERTIFICATE OR THESE BYLAWS (A) TO CREATE ANY CLASS OF MEMBERS WITH RIGHTS, RESPONSIBILITIES AND PRIVILEGES SENIOR TO THOSE OF THE FOUNDING MEMBERS, OR (B) TO MATERIALLY ALTER, REDUCE OR ELIMINATE THE RIGHTS, RESPONSIBILITIES AND PRIVILEGES OF THE FOUNDING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GORVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 WILL BE POSTED IN ELECTRONIC FORM TO THE ORGANIZATION'S COLLABORATION TOOL FOR THE BOARD'S REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION PLANS TO POST THEIR INITIAL FORM 990 AND SUBSEQUENT FORMS TO THEIR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt077235
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt077235
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0154735
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt077235
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt02500
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt077500
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt077235
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt018201
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt077235
IRS990/UnrestrictedNetAssetsGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0650 NE HOLLADAY STREET NO 1600
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097232
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HTTP://WWW.FASTR.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE GULLO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04402510103
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FASTR INC
ReturnHeader/Filer/BusinessNameControlTxt0FAST
ReturnHeader/Filer/EIN0812562547
ReturnHeader/Filer/PhoneNum04402510103
ReturnHeader/Filer/USAddress/AddressLine1Txt0650 NE HOLLADAY STREET NO 1600
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097232
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BC2C4DF824EE51780EEA9A6CF334AD792FB2CC26
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F47D859581E9A8437CD29F47CF0E69A1ADB5B9C8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.30.50.66
ReturnHeader/FilingSecurityInformation/IPDt02019-05-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm014:30:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0930623286
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALDRICH CPAS AND ADVISORS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05665 SW MEADOWS RD SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKE OSWEGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097035
ReturnHeader/PreparerPersonGrp/PhoneNum05036204489
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELSA A ROMERO
ReturnHeader/ReturnTs02019-05-15T13:20:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02018

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