Civic Intelligence

Nf Forward

990 • Fiscal year 2017 • EIN 82-1672519

May 01, 2017 to Dec 31, 2017 • Filed on Nov 05, 2018

1074 Woodward AvenueDetroit, MI 48226-1906

(313) 373-3785

Siviq Scores

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

Liabilities / Assets

58th percentile

0.15x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.18x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

76th percentile

$119,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$2,888,595

No earlier filing loaded for comparison.

Net Assets

$2,450,151

No earlier filing loaded for comparison.

Liabilities

$438,444

No earlier filing loaded for comparison.

Revenue

$2,450,570

No earlier filing loaded for comparison.

Expenses

$301

No earlier filing loaded for comparison.

Net Income

$2,450,269

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.

$20M$15M$10M$5.0M$0Assets 2017: $2,888,595Liabilities 2017: $438,444Net Assets 2017: $2,450,1512017Assets 2018: $3,882,200Liabilities 2018: $703,185Net Assets 2018: $3,179,0152018Assets 2019: $4,694,255Liabilities 2019: $509,741Net Assets 2019: $4,184,5142019Assets 2020: $7,251,040Liabilities 2020: $1,630,203Net Assets 2020: $5,620,8372020Assets 2021: $11,092,671Liabilities 2021: $377,168Net Assets 2021: $10,715,5032021Assets 2022: $14,506,455Liabilities 2022: $450,282Net Assets 2022: $14,056,1732022Assets 2023: $18,398,741Liabilities 2023: $140,137Net Assets 2023: $18,258,6042023Assets 2024: $10,349,543Liabilities 2024: $233,022Net Assets 2024: $10,116,5212024

Highlighted filing

2017

Assets$2,888,595
Liabilities$438,444
Net Assets$2,450,151

Operations Trend

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

$20M$10M$0-$10MRevenue 2017: $2,450,570Expenses 2017: $301Net Income 2017: $2,450,2692017Revenue 2018: $4,193,999Expenses 2018: $3,462,394Net Income 2018: $731,6052018Revenue 2019: $4,547,202Expenses 2019: $3,540,493Net Income 2019: $1,006,7092019Revenue 2020: $6,859,079Expenses 2020: $5,443,291Net Income 2020: $1,415,7882020Revenue 2021: $8,373,465Expenses 2021: $3,278,799Net Income 2021: $5,094,6662021Revenue 2022: $8,115,909Expenses 2022: $4,721,535Net Income 2022: $3,394,3742022Revenue 2023: $9,521,090Expenses 2023: $5,386,586Net Income 2023: $4,134,5042023Revenue 2024: $6,883,911Expenses 2024: $15,111,434Net Income 2024: -$8,227,5232024

Highlighted filing

2017

Revenue$2,450,570
Expenses$301
Net Income$2,450,269
Jump To
Filing Snapshot
Filing Period
May 1, 2017 to Dec 31, 2017
Signed
Nov 5, 2018
Return Version
2017v2.3
Gross Receipts
$3,218,215
Mission and Program Overview

Mission

The organization follows the mission as set forth in its articles of incorporation. It has not yet adopted a separate mission statement.

The mission of nf forward is to advance research toward a cure for neurofibromatosis ("nf") and to expand and improve treatment options for those with nf and related disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$2,450,151▲ $2,450,151
Cash and Non-Interest-Bearing Accounts-$1,792,359-
Pledges and Grants Receivable-$1,083,693-
Investments in Publicly Traded Securities-$12,428-
Accounts Receivable-$115-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$2,888,595▲ $2,888,595
Liabilities
Accounts Payable and Accrued Expenses-$438,444-
Total Liabilities$0$438,444▲ $438,444
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$2,450,151▲ $2,450,151
Total Liabilities and Net Assets / Fund Balance$0$2,888,595▲ $2,888,595
Compensation and Service Providers

Employees

NameTitleOtherTotal
Joyce KellerExecutive Director$119,000$119,000

Board Members and Trustees

NameTitle
Jennifer GilbertPresident
Howard LuckoffSecretary
Matthew RizikTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,859,800
Program Service Revenue
$0
Investment Income
$659
Other Revenue
$-409,889
All Other Contributions
$37,000
Change in Net Assets
$2,450,269

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$120,487Fair Market Value
Total Noncash Contributions5$120,487-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,450,571
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$806,349
Total Revenue per Audited Statements
$3,256,920
Total Revenue per Form 990
$2,450,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$301
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$123-$123
Other Expenses-$31-$31
Total Functional Expenses$0$301$0$301

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$806,768
Expenses Not Reported on Form 990$806,467
Expenses per Audited Statements$301
Total Expenses per Form 990$301
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$659,703
Fundraising Gross Income$249,814
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Benefit$3,072,614$249,814$377,227$-127,413
Total Events$3,072,614$249,814$659,703$-409,889
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Two of the three trustees are employed by the same company .

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

The spouse of the board president has the sole power to appoint board members.

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

Certain decisions are reserved to the spouse of the board president.

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

Nf forward does not have any committees.

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

The spouse of the board president and the treasurer will review the form 990 before it is filed.

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

Each director, principal officer and member of a committee with board delegated powers shall annually sign a statement which affirms that such a person: a. Has received a copy of the policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Nf Forward
EIN
82-1672519
Phone
3133733785
Address
1074 WOODWARD AVENUE, DETROIT, MI 48226-1906

Signing Officer

Name
Matthew Rizik
Title
Treasurer
Phone
3133733785
Signed
2018-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Rizik
Formed
2017
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
70

Preparer

Firm
Plante & Moran Pllc
Address
2601 CAMBRIDGE CT STE 500, AUBURN HILLS, MI 48326
Preparer
Lynne M Huismann
Phone
2483757100
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 659,703.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 659,703.

Raw XML Appendix370 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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IRS990/ActivityOrMissionDesc0THE MISSION OF NF FORWARD IS TO ADVANCE RESEARCH TOWARD A CURE FOR NEUROFIBROMATOSIS ("NF") AND TO EXPAND AND IMPROVE TREATMENT OPTIONS FOR THOSE WITH NF AND RELATED DISORDERS.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE DIRECTOR
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MissionDesc0THE ORGANIZATION FOLLOWS THE MISSION AS SET FORTH IN ITS ARTICLES OF INCORPORATION. IT HAS NOT YET ADOPTED A SEPARATE MISSION STATEMENT.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THIS IS A FIRST YEAR RETURN.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART VI, LINE 11
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES 659,703.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 659,703.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
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IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION USES A THIRD-PARTY BROKER, JP MORGAN, TO SELL DONATED SECURITIES.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 32B:
IRS990ScheduleM/ThirdPartiesUsedInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO OF THE THREE TRUSTEES ARE EMPLOYED BY THE SAME COMPANY .
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SPOUSE OF THE BOARD PRESIDENT HAS THE SOLE POWER TO APPOINT BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN DECISIONS ARE RESERVED TO THE SPOUSE OF THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NF FORWARD DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SPOUSE OF THE BOARD PRESIDENT AND THE TREASURER WILL REVIEW THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH A PERSON: A. HAS RECEIVED A COPY OF THE POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GILBERT FAMILY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0810810541
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0GRANTMAKING PRIVATE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01074 WOODWARD AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DETROIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd048226
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt02888595
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt02888595
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02859800
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0301
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0301
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0438444
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0438444
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02450151
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-409230
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02450570
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt070
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02888595
IRS990/TotReportableCompRltdOrgAmt0119000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01074 WOODWARD AVE
IRS990/USAddress/CityNm0DETROIT
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048226
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.NFFORWARDDETROIT.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW RIZIK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03133733785
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NF FORWARD
ReturnHeader/Filer/BusinessNameControlTxt0NFFO
ReturnHeader/Filer/EIN0821672519
ReturnHeader/Filer/PhoneNum03133733785
ReturnHeader/Filer/USAddress/AddressLine1Txt01074 WOODWARD AVENUE
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0482261906
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A8CA1B0FCD420B737C8C68EE0A5CC307C029E599
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C3EE01AB0E15093E8109592E704D6522710D22E3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.59.56.33
ReturnHeader/FilingSecurityInformation/IPDt02018-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm011:32:49
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381357951
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PLANTE & MORAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02601 CAMBRIDGE CT STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUBURN HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048326
ReturnHeader/PreparerPersonGrp/PhoneNum02483757100
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LYNNE M HUISMANN
ReturnHeader/ReturnTs02018-11-15T17:10:52-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-05-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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