Civic Intelligence

Better Future Forward Inc.

990 • Fiscal year 2018 • EIN 81-4772781

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 26, 2019

Organization ProfileWWW.BETTERFUTUREFORWARD.ORG
20711 Holt Ave PO Box 1063Lakeville, MN 55044

(703) 587-4080

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.07x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

3.25x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

46th percentile

1.6%

Higher net margin than 46% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

99th percentile

558%

Faster asset growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-20%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$1,365,279

Up $1,157,872 (+558%) from 2017

Net Assets

Up

-$100,073

Up $7,331 (+6.8%) from 2017

Liabilities

Up

$1,465,352

Up $1,150,541 (+365%) from 2017

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin46th percentile

Revenue

Down

$450,308

Down $112,770 (-20%) from 2017

Expenses

Down

$442,977

Down $227,505 (-34%) from 2017

Net Income

Up

$7,331

Up $114,735 (+107%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2017: $207,407Liabilities 2017: $314,811Net Assets 2017: -$107,4042017Assets 2018: $1,365,279Liabilities 2018: $1,465,352Net Assets 2018: -$100,0732018Assets 2019: $1,610,265Liabilities 2019: $1,522,219Net Assets 2019: $88,0462019Assets 2020: $2,454,180Liabilities 2020: $2,288,403Net Assets 2020: $165,7772020Assets 2021: $2,525,619Liabilities 2021: $2,429,622Net Assets 2021: $95,9972021Assets 2022: $2,533,423Liabilities 2022: $2,828,612Net Assets 2022: -$295,1892022Assets 2023: $3,443,092Liabilities 2023: $3,442,979Net Assets 2023: $1132023Assets 2024: $2,818,128Liabilities 2024: $2,983,208Net Assets 2024: -$165,0802024

Highlighted filing

2018

Assets$1,365,279
Liabilities$1,465,352
Net Assets-$100,073
Open 2018 Filing

Operations Trend

Revenue Growth14th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $563,078Expenses 2017: $670,482Net Income 2017: -$107,4042017Revenue 2018: $450,308Expenses 2018: $442,977Net Income 2018: $7,3312018Revenue 2019: $968,370Expenses 2019: $780,251Net Income 2019: $188,1192019Revenue 2020: $1,024,718Expenses 2020: $946,987Net Income 2020: $77,7312020Revenue 2021: $1,116,166Expenses 2021: $1,185,946Net Income 2021: -$69,7802021Revenue 2022: $722,514Expenses 2022: $1,113,700Net Income 2022: -$391,1862022Revenue 2023: $1,049,778Expenses 2023: $754,476Net Income 2023: $295,3022023Revenue 2024: $527,625Expenses 2024: $975,268Net Income 2024: -$447,6432024

Highlighted filing

2018

Revenue$450,308
Expenses$442,977
Net Income$7,331
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 26, 2019
Return Version
2017v2.3
Gross Receipts
$450,308
Mission and Program Overview

Mission

Better future forward, inc. (bff) was established to develop and promote a novel concept for paying for postsecondary education, one that could facilitate broad access to high-quality educational programs regardless of a student's economic background. This concept is called an income share agreement (isa). With the help of philanthropic sources of funding, better future forward will work to establish broad-access isa funds to enable students of all socioeconomic backgrounds to access high-quality higher education and career training programs that align with their educational goals.

Better Future Forward, Inc. (BFF) was established to develop and promote a novel concept for paying for postsecondary education regardless of a student's economic background.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$166,637$1,212,832▲ $1,046,195
Land, Buildings, and Equipment, Net$22,895$22,673▼ $222
Prepaid Expenses and Deferred Charges$16,275$0▼ $16,275
Accounts Receivable$0$960▲ $960
Savings and Temporary Cash Investments$0$0→ $0
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
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$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$207,407$1,365,279▲ $1,157,872
Other Assets Total$1,600$128,814▲ $127,214
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$1,300,000▲ $1,300,000
Accounts Payable and Accrued Expenses$314,811$165,352▼ $149,459
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$314,811$1,465,352▲ $1,150,541
Net Assets / Fund Balance
Total Net Assets Fund Balance$-107,404$-100,073▲ $7,331
Total Liabilities and Net Assets / Fund Balance$207,407$1,365,279▲ $1,157,872

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$22,673$8,267$30,940
Other Assets Org$128,014--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Barry CynamonHighest Compensated employeeFT$128,539$128,539
Kevin JamesPresident, CEO and DirectorFT$116,441$116,441

Board Members and Trustees

NameTitle
Benjamin RileyChair of the Board & Director
Erin CrowleyDirector
Amy MartinSecretary & Director
Michael StynesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
1---
Revenue and Support

Revenue Composition

Contributions and Grants
$444,000
Program Service Revenue
$6,180
Investment Income
$128
Other Revenue
$0
All Other Contributions
$444,000
Change in Net Assets
$7,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$244,981
Other Expenses$197,996
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$165,880$54,120$0$220,000
Fees for Services Other$76,976$773$0$77,749
Fees for Services Legal$29,050$292$0$29,342
Fees for Services Accounting$22,818$229$0$23,047
Travel$17,774$0$0$17,774
Payroll Taxes$12,875$4,200$0$17,075
Occupancy$0$9,375$0$9,375
Other Employee Benefits$5,961$1,945$0$7,906
Office Expenses$0$6,074$0$6,074
Depreciation Depletion$5,822$0$0$5,822
Advertising$2,425$0$0$2,425
Conferences and Meetings$1,075$0$0$1,075
Insurance$0$854$0$854
Other Expenses$0$641$0$641
Total Functional Expenses$362,373$80,604$0$442,977
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 completed hard copy of the form 990 was provided to the all directors for review.”

Form 990, Part VI, Section C, Line 19

“The organization made its governing documents, conflict of interest policy and financial statement available to the public upon request.”

Form 990, Part VI, Section B Ln 15A

“The board of directors will make all employment decisions in the manner consistent with good governance and will after consulting comparable data pay no more than reasonable compensation for services.”

Form 990, Part VI, Section B Line 12C

“The conflict of interest and disclosure policy is distributed to the board members for review. The board members will determine if a conflict of interest exist after considering all the material facts disclosed for the potential conflict of interest.”

Filing and Contact Details

Filer

Filer Name
Better Future Forward Inc
EIN
81-4772781
In Care Of
% KEVIN JAMES
Phone
7035874080
Address
20711 HOLT AVE PO BOX 1063, LAKEVILLE, MN 55044

Signing Officer

Name
Kevin James
Title
CEO
Phone
7035874080
Signed
2019-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin James
Formed
2016
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
4
Employees
2

Preparer

Firm
Fulvio & Associates Llp
Address
5 W 37th Street 4th Fl, NEW YORK, NY 10018
Preparer
Gennaro J Fulvio
Phone
2124903113
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

“Description:lumni fees total fees:77749”

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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/MissionDesc0BETTER FUTURE FORWARD, INC. (BFF) WAS ESTABLISHED TO DEVELOP AND PROMOTE A NOVEL CONCEPT FOR PAYING FOR POSTSECONDARY EDUCATION, ONE THAT COULD FACILITATE BROAD ACCESS TO HIGH-QUALITY EDUCATIONAL PROGRAMS REGARDLESS OF A STUDENT'S ECONOMIC BACKGROUND. THIS CONCEPT IS CALLED AN INCOME SHARE AGREEMENT (ISA). WITH THE HELP OF PHILANTHROPIC SOURCES OF FUNDING, BETTER FUTURE FORWARD WILL WORK TO ESTABLISH BROAD-ACCESS ISA FUNDS TO ENABLE STUDENTS OF ALL SOCIOECONOMIC BACKGROUNDS TO ACCESS HIGH-QUALITY HIGHER EDUCATION AND CAREER TRAINING PROGRAMS THAT ALIGN WITH THEIR EDUCATIONAL GOALS.
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IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09375
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt09375
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06074
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt06074
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01600
IRS990/OtherAssetsTotalGrp/EOYAmt0128814
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01945
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05961
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07906
IRS990/OtherExpensesGrp/Desc0FILING FEES
IRS990/OtherExpensesGrp/Desc1RESEARCH
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3MISC EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02101
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3641
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt120689
IRS990/OtherExpensesGrp/ProgramServicesAmt21028
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt02101
IRS990/OtherExpensesGrp/TotalAmt120689
IRS990/OtherExpensesGrp/TotalAmt21028
IRS990/OtherExpensesGrp/TotalAmt3641
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04200
IRS990/PayrollTaxesGrp/ProgramServicesAmt012875
IRS990/PayrollTaxesGrp/TotalAmt017075
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016275
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KEVIN JAMES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0CHARITABLE SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06180
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06180
IRS990/ProgSrvcAccomActy2Grp/ActivityCd02
IRS990/ProgSrvcAccomActy2Grp/Desc0Built pilot programs with Opportunity@Work focused on helping low-income working adults enroll in information technology training courses.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0119583
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt06180
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0563061
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt017
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0537312
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-107404
IRS990/PYSalariesCompEmpBnftPaidAmt0133170
IRS990/PYTotalExpensesAmt0670482
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0563078
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt07331
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0444000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0563061
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01007061
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0145
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06180
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06180
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0442597
IRS990ScheduleA/SubstantialContributorsTotAmt0564464
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0444000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0563061
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01007061
IRS990ScheduleA/TotalSupportAmt01013386
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/DirectContactLegislatorsAmt0720
IRS990ScheduleC/DirectContactLegislatorsInd0true
IRS990ScheduleC/PaidStaffOrManagementInd0true
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0BETTER FUTURE FORWARD CEO CONDUCTED 10-15 MEETINGS AND PHONE CALLS (APPROXIMATELY 30-45 MINUTES EACH)WITH LEGISLATIVE STAFF (IN THE US CONGRESS AND STATE LEGISLATIVE STAFF) RELATED TO LEGISLATION FOCUSED ON INCOME SHARE AGREEMENT.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C SECTION II - B
IRS990ScheduleC/TotalLobbyingExpendituresAmt0720
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1128014
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1STUDENT LOAN RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022673
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08267
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030940
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022673
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0128814
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COMPLETED HARD COPY OF THE FORM 990 WAS PROVIDED TO THE ALL DIRECTORS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS WILL MAKE ALL EMPLOYMENT DECISIONS IN THE MANNER CONSISTENT WITH GOOD GOVERNANCE AND WILL AFTER CONSULTING COMPARABLE DATA PAY NO MORE THAN REASONABLE COMPENSATION FOR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST AND DISCLOSURE POLICY IS DISTRIBUTED TO THE BOARD MEMBERS FOR REVIEW. THE BOARD MEMBERS WILL DETERMINE IF A CONFLICT OF INTEREST EXIST AFTER CONSIDERING ALL THE MATERIAL FACTS DISCLOSED FOR THE POTENTIAL CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:LUMNI FEES TOTAL FEES:77749
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI,SECTION B LINE 11B

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,365,279
Liabilities
$1,465,352
Net assets
-$100,073
Revenue
$450,308
Expenses
$442,977
Net income
$7,331
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.82$2.98$0.17$0.53$0.98$0.45
2023Detailed filing. Detailed filing data is available for this year.$3.44$3.44$0.00$1.05$0.75$0.30
2022Detailed filing. Detailed filing data is available for this year.$2.53$2.83$0.30$0.72$1.11$0.39
2021Detailed filing. Detailed filing data is available for this year.$2.53$2.43$0.10$1.12$1.19$0.07
2020Detailed filing. Detailed filing data is available for this year.$2.45$2.29$0.17$1.02$0.95$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.61$1.52$0.09$0.97$0.78$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.37$1.47$0.10$0.45$0.44$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.31$0.11$0.56$0.67$0.11