Civic Intelligence

Fdm Foundation

990EZ • Fiscal year 2020 • EIN 81-3133535

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 11, 2021

Organization ProfileN/A
310 S West Street Suite 100Raleigh, NC 27603

(919) 743-2552

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

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

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$1

Down $18,432 (-100%) from 2019

Net Assets

Down

$0

Down $18,433 (-100%) from 2019

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $115,586 (-100%) from 2019

Expenses

Down

$18,432

Down $73,326 (-80%) from 2019

Net Income

Down

-$18,432

Down $42,260 (-177%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2017: $13,642Liabilities 2017: $7,738Net Assets 2017: $5,9042017Assets 2018: $3,142Liabilities 2018: $8,538Net Assets 2018: -$5,3962018Assets 2019: $18,433Net Assets 2019: $18,4332019Assets 2020: $1Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $1,312,868Liabilities 2021: $450Net Assets 2021: $1,312,4182021Assets 2022: $327,911Liabilities 2022: $0Net Assets 2022: $327,9112022Assets 2024: $616,162Liabilities 2024: $0Net Assets 2024: $616,1622024

Highlighted filing

2020

Assets$1
Liabilities$0
Net Assets$0
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $61,602Expenses 2017: $55,698Net Income 2017: $5,9042017Revenue 2018: $71,074Expenses 2018: $82,374Net Income 2018: -$11,3002018Revenue 2019: $115,586Expenses 2019: $91,758Net Income 2019: $23,8282019Revenue 2020: $0Expenses 2020: $18,432Net Income 2020: -$18,4322020Revenue 2021: $2,652,169Expenses 2021: $1,339,751Net Income 2021: $1,312,4182021Revenue 2022: $3,326,981Expenses 2022: $4,311,488Net Income 2022: -$984,5072022Revenue 2024: $5,302,361Expenses 2024: $4,823,075Net Income 2024: $479,2862024

Highlighted filing

2020

Revenue$0
Expenses$18,432
Net Income-$18,432
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 11, 2021
Return Version
2020v4.0
Mission and Program Overview

Mission

The purpose of CIF Foundation is to support the activies and purpose of the Christian Investment Forum (CIF), it's sole member, in order to more effectively achieve the mission and goals of CIF.

The purpose of cif foundation is to support the activities and purposes of the christian investment forum (cif), it's sole member, in order to more effectively achieve the mission and goals of cif.

Program Services

DescriptionGrantsExpenses
CIF FOUNDATION HOSTED THE 3RD ANNUAL CHRISTIAN INVESTMENT SUMMIT IN 2019. NEARLY 100 PEOPLE WERE IN ATTENDANCE TO LEARN ABOUT INVESTING PHILOSOPHIES, INVESTING STRATEGIES AND INVESTMENT PRODUCTS THAT ALIGN WITH THEIR VALUES WHILE ALSO BEING PROFESSIONALLY MANAGED. THE NEW IDEAS AND OPTIONS LED TO INCREASED AWARENESS OF THE FIRMS IN THIS FIELD.--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HENRY KAESTNERMember-$0--
LUKE ROUSHMember-$0--
JUSTIN FORMANMember-$0--
Filing and Contact Details

Filer

Filer Name
Cif Foundation
EIN
81-3133535
Phone
9197432552
Address
310 S WEST STREET SUITE 100, RALEIGH, NC 27603

Signing Officer

Name
Justin Forman
Title
Member
Phone
9802458908
Signed
2021-03-11
Discuss with paid preparer
Yes

Preparer

Firm
DAVIES GOLDSTEIN & ASSOCIATES CPA'S
Address
PO BOX 156, MATTHEWS, NC 28106
Preparer
Jeffrey I Goldstein
Phone
7046840555
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 28 write off of receivable 14,829 total 14,857”

Form 990-ez, Part II, Line 24

“Other loans receivable 8,813 0 prepaid deposits 4,000 0 total 12,813 0”

Form 990-ez, Part II, Line 26

“Due to christian investment forum 0 0”

Form 990-ez, Part III

“The purpose of cif foundation is to support the activities and purposes of the christian investment forum (cif), it's sole member, in order to more effectively achieve the mission and goals of cif.”

Form 990-ez, Part III, Line 28

“Cif foundation hosted the 3rd annual christian investment summit in 2019. Nearly 100 people were in attendance to learn about investing philosophies, investing strategies and investment products that align with their values while also being professionally managed. The new ideas and options led to increased awareness of the firms in this field.”

Raw XML Appendix138 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.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0HENRY KAESTNER
CompensationExplanation/CompensationExplanationGrp/PersonNm1LUKE ROUSH
CompensationExplanation/CompensationExplanationGrp/PersonNm2JUSTIN FORMAN
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0JUSTIN FORMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum09197432552
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0310 S WEST STREET SUITE 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027603
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05619
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-18432
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03575
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018432
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018432
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018432
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HENRY KAESTNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LUKE ROUSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JUSTIN FORMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt012813
IRS990EZ/OtherExpensesTotalAmt014857
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF CIF FOUNDATION IS TO SUPPORT THE ACTIVITIES AND PURPOSES OF THE CHRISTIAN INVESTMENT FORUM (CIF), IT'S SOLE MEMBER, IN ORDER TO MORE EFFECTIVELY ACHIEVE THE MISSION AND GOALS OF CIF.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CIF FOUNDATION HOSTED THE 3RD ANNUAL CHRISTIAN INVESTMENT SUMMIT IN 2019. NEARLY 100 PEOPLE WERE IN ATTENDANCE TO LEARN ABOUT INVESTING PHILOSOPHIES, INVESTING STRATEGIES AND INVESTMENT PRODUCTS THAT ALIGN WITH THEIR VALUES WHILE ALSO BEING PROFESSIONALLY MANAGED. THE NEW IDEAS AND OPTIONS LED TO INCREASED AWARENESS OF THE FIRMS IN THIS FIELD.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt018432
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ORGANIZATIONS HAVE SAME BOARD MEMBERS SO THEY CAN PERPETUALLY DETERMINE QUALIFICATIONS ARE MADE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0454312671
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CHRISTIAN INVESTMENT FORUM
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 28 WRITE OFF OF RECEIVABLE 14,829 TOTAL 14,857
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER LOANS RECEIVABLE 8,813 0 PREPAID DEPOSITS 4,000 0 TOTAL 12,813 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUE TO CHRISTIAN INVESTMENT FORUM 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF CIF FOUNDATION IS TO SUPPORT THE ACTIVITIES AND PURPOSES OF THE CHRISTIAN INVESTMENT FORUM (CIF), IT'S SOLE MEMBER, IN ORDER TO MORE EFFECTIVELY ACHIEVE THE MISSION AND GOALS OF CIF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CIF FOUNDATION HOSTED THE 3RD ANNUAL CHRISTIAN INVESTMENT SUMMIT IN 2019. NEARLY 100 PEOPLE WERE IN ATTENDANCE TO LEARN ABOUT INVESTING PHILOSOPHIES, INVESTING STRATEGIES AND INVESTMENT PRODUCTS THAT ALIGN WITH THEIR VALUES WHILE ALSO BEING PROFESSIONALLY MANAGED. THE NEW IDEAS AND OPTIONS LED TO INCREASED AWARENESS OF THE FIRMS IN THIS FIELD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN FORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum09802458908
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CIF FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CIFF
ReturnHeader/Filer/EIN0813133535
ReturnHeader/Filer/PhoneNum09197432552
ReturnHeader/Filer/USAddress/AddressLine1Txt0310 S WEST STREET SUITE 100
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027603
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262669494
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIES GOLDSTEIN & ASSOCIATES CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 156
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MATTHEWS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028106
ReturnHeader/PreparerPersonGrp/PhoneNum07046840555
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY I GOLDSTEIN
ReturnHeader/ReturnTs02021-03-11T14:22:42-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JUSTIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FORMAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$18,432
Net income
-$18,432
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.00$0.62$5.30$4.82$0.48
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$3.33$4.31$0.98
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.00$1.31$2.65$1.34$1.31
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.02$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.02$0.12$0.09$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.01$0.01$0.07$0.08$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.01$0.01$0.06$0.06$0.01