Civic Intelligence

The Foundation for Research on Equal Opportunity

990EZ • Fiscal year 2016 • EIN 81-2699310

Jul 13, 2016 to Dec 31, 2016 • Filed on May 11, 2017

3267 Bee Caves Road No 107Austin, TX 78746

(512) 840-1491

Siviq Scores

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

Liabilities / Assets

54th 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

54th 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

96th percentile

70%

Higher net margin than 96% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

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

Assets

$122,820

No earlier filing loaded for comparison.

Net Assets

$122,820

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$175,000

No earlier filing loaded for comparison.

Expenses

$52,180

No earlier filing loaded for comparison.

Net Income

$122,820

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2016: $122,820Liabilities 2016: $0Net Assets 2016: $122,8202016Assets 2017: $487,396Liabilities 2017: $3,891Net Assets 2017: $483,5052017Assets 2018: $232,549Liabilities 2018: $76,769Net Assets 2018: $155,7802018Assets 2019: $158,479Liabilities 2019: $8,292Net Assets 2019: $150,1872019Assets 2020: $226,391Liabilities 2020: $35,468Net Assets 2020: $190,9232020Assets 2021: $624,869Liabilities 2021: $63,158Net Assets 2021: $561,7112021Assets 2022: $912,359Liabilities 2022: $77,829Net Assets 2022: $834,5302022Assets 2023: $1,772,889Liabilities 2023: $352,631Net Assets 2023: $1,420,2582023Assets 2024: $854,952Liabilities 2024: $0Net Assets 2024: $854,9522024

Highlighted filing

2016

Assets$122,820
Liabilities$0
Net Assets$122,820

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: $175,000Expenses 2016: $52,180Net Income 2016: $122,8202016Revenue 2017: $743,010Expenses 2017: $382,325Net Income 2017: $360,6852017Revenue 2018: $388,644Expenses 2018: $716,369Net Income 2018: -$327,7252018Revenue 2019: $827,231Expenses 2019: $832,824Net Income 2019: -$5,5932019Revenue 2020: $987,673Expenses 2020: $946,938Net Income 2020: $40,7352020Revenue 2021: $1,480,083Expenses 2021: $1,109,295Net Income 2021: $370,7882021Revenue 2022: $2,038,270Expenses 2022: $1,765,451Net Income 2022: $272,8192022Revenue 2023: $3,248,169Expenses 2023: $2,662,441Net Income 2023: $585,7282023Revenue 2024: $3,078,799Expenses 2024: $2,550,142Net Income 2024: $528,6572024

Highlighted filing

2016

Revenue$175,000
Expenses$52,180
Net Income$122,820
Jump To
Filing Snapshot
Filing Period
Jul 13, 2016 to Dec 31, 2016
Signed
May 11, 2017
Return Version
2016v3.0
Gross Receipts
$175,000
Mission and Program Overview

Mission

The foundation for research on equal opportunity conducts original research on expanding economic opportunity to those who least have it. Freopp is committed to deploying the nation's leading scholars and the tools of individual liberty, free enterprise, and (cont. On sch o) technological innovation to serve this mission. All research conducted by freopp considers the impact of public policies and proposed reforms on those with incomes or wealth below the u.s. Median.

The foundation for research on equal opportunity conducts original research on expanding economic opportunity to those who least have it. Freopp is committed to deploying the nation's leading scholars and the tools of individual liberty, free enterprise, and technological innovation to serve this mission. All research conducted by freopp considers the impact of public policies and proposed reforms on those with incomes or wealth below the u.s. Median.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION FOR RESEARCH ON EQUAL OPPORTUNITY CONDUCTS ORIGINAL RESEARCH ON EXPANDING ECONOMIC OPPORTUNITY TO THOSE WHO LEAST HAVE IT. FREOPP IS COMMITTED TO DEPLOYING THE NATION'S LEADING SCHOLARS AND THE TOOLS OF INDIVIDUAL LIBERTY, FREE ENTERPRISE, AND TECHNOLOGICAL INNOVATION TO SERVE THIS MISSION. ALL RESEARCH CONDUCTED BY FREOPP CONSIDERS THE IMPACT OF PUBLIC POLICIES AND PROPOSED REFORMS ON THOSE WITH INCOMES OR WEALTH BELOW THE U.S. MEDIAN.$0$52,180
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AMES BROWNChairman, Executive VPFT$0$12,649$12,649
AVIK ROYPresidentFT$0$11,833$11,833
LANHEE CHENTrustee-$0--
JELEANNA GLOVERTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for Research on Equal
EIN
81-2699310
Phone
5128401491
Address
3267 BEE CAVES ROAD NO 107, AUSTIN, TX 78746

Signing Officer

Name
Avik Roy
Title
President
Phone
5128401491
Signed
2017-05-11
Discuss with paid preparer
Yes

Preparer

Firm
D K Weiss & Associates Pllc
Address
4660 N BRETON COURT SUITE 102, KENTWOOD, MI 49508
Preparer
Dennis K Weiss CPA
Phone
6168711233
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: travel. Amount: 2,405. Description: taxes, licenses & permits. Amount: 2,290. Description: insurance. Amount: 108. Description: office expense. Amount: 365. Description: dues & subscription. Amount: 781. Total to form 990-ez, line 16: 5,949.

Raw XML Appendix145 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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No mirrored PDF or thumbnail assets are attached yet.

Filings