Civic Intelligence

Finreglab Inc.

990 • Fiscal year 2018 • EIN 82-2842970

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 18, 2018

900 19th St NW Suite 600Washington, DC 20006

(202) 210-7993

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.05x

Higher debt load relative to assets than 43% of similar nonprofits.

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

Liabilities / Revenue

34th percentile

0.04x

Higher debt load relative to revenue than 34% of similar nonprofits.

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

Net Margin

96th percentile

72%

Higher net margin than 96% 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

Score unavailable

No value available

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

Source year 2018

Revenue Growth

Score unavailable

No value available

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

Source year 2018

Assets

$1,281,807

No earlier filing loaded for comparison.

Net Assets

$1,213,290

No earlier filing loaded for comparison.

Liabilities

$68,517

No earlier filing loaded for comparison.

Revenue

$1,701,500

No earlier filing loaded for comparison.

Expenses

$482,931

No earlier filing loaded for comparison.

Net Income

$1,218,569

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.

$3.0M$2.0M$1.0M$0Assets 2018: $1,281,807Liabilities 2018: $68,517Net Assets 2018: $1,213,2902018Assets 2019: $422,959Liabilities 2019: $59,100Net Assets 2019: $363,8592019Assets 2020: $594,870Liabilities 2020: $131,174Net Assets 2020: $463,6962020Assets 2021: $442,962Liabilities 2021: $82,114Net Assets 2021: $360,8482021Assets 2022: $1,456,609Liabilities 2022: $130,650Net Assets 2022: $1,325,9592022Assets 2023: $2,334,531Liabilities 2023: $539,087Net Assets 2023: $1,795,4442023Assets 2024: $1,675,333Liabilities 2024: $781,936Net Assets 2024: $893,3972024

Highlighted filing

2018

Assets$1,281,807
Liabilities$68,517
Net Assets$1,213,290

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2018: $1,701,500Expenses 2018: $482,931Net Income 2018: $1,218,5692018Revenue 2019: $201,000Expenses 2019: $1,050,431Net Income 2019: -$849,4312019Revenue 2020: $1,200,000Expenses 2020: $1,100,163Net Income 2020: $99,8372020Revenue 2021: $1,161,009Expenses 2021: $1,263,857Net Income 2021: -$102,8482021Revenue 2022: $2,865,900Expenses 2022: $1,900,789Net Income 2022: $965,1112022Revenue 2023: $3,438,618Expenses 2023: $2,958,484Net Income 2023: $480,1342023Revenue 2024: $2,899,572Expenses 2024: $3,792,211Net Income 2024: -$892,6392024

Highlighted filing

2018

Revenue$1,701,500
Expenses$482,931
Net Income$1,218,569
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 18, 2018
Return Version
2018v3.0
Gross Receipts
$1,701,500
Mission and Program Overview

Mission

The Organization's mission is to test new technologies and data to inform public policy and drive the financial sector toward a responsible and inclusive financial marketplace.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$464$1,270,420▲ $1,269,956
Accounts Receivable-$6,731-
Land, Buildings, and Equipment, Net$537$4,163▲ $3,626
Prepaid Expenses and Deferred Charges-$493-
Total Assets$1,001$1,281,807▲ $1,280,806
Liabilities
Accounts Payable and Accrued Expenses$6,280$68,517▲ $62,237
Other Liabilities-$0-
Total Liabilities$6,280$68,517▲ $62,237
Net Assets / Fund Balance
Unrestricted Net Assets$-5,279$1,213,290▲ $1,218,569
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$-5,279$1,213,290▲ $1,218,569
Total Liabilities and Net Assets / Fund Balance$1,001$1,281,807▲ $1,280,806

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,163$761$4,924
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa KoideCEO, Treasurer, SecretaryFT$191,667$5,750$197,417

Board Members and Trustees

NameTitle
Jo Ann BarefootBoard Chair
Alex AcreeBoard Member
Amy FriendBoard Member
Brian BrooksBoard Member
Kabir KumarBoard Member
Marla BlowBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,700,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,500
All Other Contributions
$1,700,000
Change in Net Assets
$1,218,569

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,701,500
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,701,500
Total Revenue per Form 990
$1,701,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$269,655
Other Expenses$213,276
Total Fundraising Expense$37,010
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$134,167$28,750$28,750$191,667
Fees for Services Other$94,799$21,595-$116,394
Travel$39,374$1,203-$40,577
Other Salaries and Wages$17,694$21,125$833$39,652
Payroll Taxes$14,809$5,481$2,863$23,153
Fees for Services Legal-$20,000-$20,000
Occupancy$9,243$3,421$1,786$14,450
Fees for Services Accounting$6,874$1,473$1,473$9,820
Other Employee Benefits$5,814$2,000$888$8,702
Pension Plan Contributions-$6,481-$6,481
Information Technology$1,039$2,852-$3,891
Conferences and Meetings$3,091--$3,091
Insurance$1,509$323$323$2,155
Office Expenses$829$1,308-$2,137
Depreciation Depletion$487$180$94$761
Total Functional Expenses$329,729$116,192$37,010$482,931

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$482,931
Total Expenses per Audited Statements$482,931
Total Expenses per Form 990$482,931
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
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
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
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

The 990 is made available to all Board Members to review.

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

(a) An Interested Person may make a presentation at the Board or Committee meeting, but after the presentation, the Interested Person shall leave the meeting during the discussion of, and the vote on, the Proposed Transaction. (b) The chairperson of the Board or Committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the Proposed Transaction. (c) After exercising due diligence, the Board or Committee shall determine whether the Company can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a Conflict of Interest. (d) If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a Conflict of Interest, the Board or Committee shall determine by a majority vote of the disinterested directors whether the Proposed Transaction is in the Company's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the Proposed Transaction.

Form 990, Part VI, Section B, Line 15

A meeting of the disinterested, non-employee members of the board of directors of FinRegLab, Inc. (the "Independent Directors") was held to review and determine the CEO's compensation. The CEO did not attend the meeting of the Independent Directors. The Independent Directors reviewed data on comparable positions at similarly situated non-profit organizations and compensation information provided by an independent third-party non-profit consultant. The Independent Directors reviewed the compensation information, considered the findings, and then determined the compensation package for the CEO, which was then voted on and approved unanimously by the Independent Directors.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request. The form 990 is made available to the public via Guidestar.

Filing and Contact Details

Filer

Filer Name
FinRegLab
EIN
82-2842970
Phone
2022107993
Address
900 19th St NW Suite 600, Washington, DC 20006

Signing Officer

Name
Melissa Koide
Title
CEO
Phone
2022107993
Signed
2018-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Koide
Formed
2017
Legal Domicile
Dc
Voting Board Members
6
Independent Board Members
5
Employees
4
Volunteers
9

Preparer

Firm
Easy Office dba Jitasa
Address
1750 W Front Street Suite 200, Boise, ID 83702
Preparer
Jeremy Cork
Phone
2082874777
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contractors

Financial Statement Notes

Schedule D, Part X, Line 2

The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of that position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal 2018. The Organization file Form 990 in the US federal jurisdiction. All fiscal years of the Organization could be subject to investigation by the Internal Revenue Service.

Raw XML AppendixShowing 400 of 466 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06280
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt068517
IRS990/AccountsReceivableGrp/EOYAmt06731
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The Organization's mission is to test new technologies and data to inform public policy and drive the financial sector toward a responsible and inclusive financial marketplace.
IRS990/AllOtherContributionsAmt01700000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Easy Office dba Jitasa
IRS990/BooksInCareOfDetail/PhoneNum02082874777
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01750 W Front Street Suite 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0Boise
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ID
IRS990/BooksInCareOfDetail/USAddress/ZIPCd083702
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0464
IRS990/CashNonInterestBearingGrp/EOYAmt01270420
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt028750
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt028750
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0134167
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0191667
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03091
IRS990/ConferencesMeetingsGrp/TotalAmt03091
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01700000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0213276
IRS990/CYOtherRevenueAmt01500
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01218569
IRS990/CYSalariesCompEmpBnftPaidAmt0269655
IRS990/CYTotalExpensesAmt0482931
IRS990/CYTotalFundraisingExpenseAmt037010
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01701500
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt094
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0180
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0487
IRS990/DepreciationDepletionGrp/TotalAmt0761
IRS990/Desc0Borrower Risk Assessment with Cash Flow Data - The Organization examines data from participating companies that provide various credit products to consumers and businesses using underwriting models that rely on cash-flow data. The information is used to assess the predictiveness of the cash flow scores and other metrics, the extent to which the companies extend credit to underserved populations, and whether use of the data created potential fair lending risks. Where possible, we also compared the cash-flow data to traditional credit scores and variables.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0264903
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt01473
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01473
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06874
IRS990/FeesForServicesAccountingGrp/TotalAmt09820
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt020000
IRS990/FeesForServicesLegalGrp/TotalAmt020000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt021595
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt094799
IRS990/FeesForServicesOtherGrp/TotalAmt0116394
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt645
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Jo Ann Barefoot
IRS990/Form990PartVIISectionAGrp/PersonNm1Marla Blow
IRS990/Form990PartVIISectionAGrp/PersonNm2Alex Acree
IRS990/Form990PartVIISectionAGrp/PersonNm3Amy Friend
IRS990/Form990PartVIISectionAGrp/PersonNm4Kabir Kumar
IRS990/Form990PartVIISectionAGrp/PersonNm5Brian Brooks
IRS990/Form990PartVIISectionAGrp/PersonNm6Melissa Koide
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6191667
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6CEO, Treasurer, Secretary
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01701500
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02852
IRS990/InformationTechnologyGrp/ProgramServicesAmt01039
IRS990/InformationTechnologyGrp/TotalAmt03891
IRS990/InsuranceGrp/FundraisingAmt0323
IRS990/InsuranceGrp/ManagementAndGeneralAmt0323
IRS990/InsuranceGrp/ProgramServicesAmt01509
IRS990/InsuranceGrp/TotalAmt02155
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0761
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0537
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04163
IRS990/LandBldgEquipCostOrOtherBssAmt04924
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The Organization's mission is to test new technologies and data to inform public policy and drive the financial sector toward a responsible and inclusive financial marketplace.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-5279
IRS990/NetAssetsOrFundBalancesEOYAmt01213290
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01786
IRS990/OccupancyGrp/ManagementAndGeneralAmt03421
IRS990/OccupancyGrp/ProgramServicesAmt09243
IRS990/OccupancyGrp/TotalAmt014450
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01308
IRS990/OfficeExpensesGrp/ProgramServicesAmt0829
IRS990/OfficeExpensesGrp/TotalAmt02137
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0888
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02000
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05814
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08702
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0541611
IRS990/OtherRevenueMiscGrp/Desc0Speakers Fees
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01500
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt01500
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0833
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021125
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt017694
IRS990/OtherSalariesAndWagesGrp/TotalAmt039652
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02863
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05481
IRS990/PayrollTaxesGrp/ProgramServicesAmt014809
IRS990/PayrollTaxesGrp/TotalAmt023153
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06481
IRS990/PensionPlanContributionsGrp/TotalAmt06481
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0493
IRS990/PrincipalOfficerNm0Melissa Koide
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Credit Policy Working Group - This program is made up of three individual groups each with a wide group of stakeholder, including observers from several federal financial regulatory agencies. Each group has a specific focus, namely the fair and inclusive access to credit, consumer understanding and consent issues in connection with both cash-flow based underwriting and related data transfers, and other policy concerns raised by new types of information ecosystems to facilitate transfers of transaction account data between companies for credit and other uses. The organization also conducts one-on-one interviews and independent analysis of legal and financial policies to identify which issues are most important to determining the pace of adoption for cash-flow based underwriting going forward, the mitigation of risks in the evolving market, and the spread of practices that benefits consumers and small businesses.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt064826
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalRevenueAmt00
IRS990/ReconcilationRevenueExpnssAmt01218569
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Speaker Fees
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01700000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01700000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt034030
IRS990ScheduleA/SubstantialContributorsTotAmt01665970
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01700000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01700000
IRS990ScheduleA/TotalSupportAmt01701500
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt04163
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0761
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04924
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0482931
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01701500
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of that position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal 2018. The Organization file Form 990 in the US federal jurisdiction. All fiscal years of the Organization could be subject to investigation by the Internal Revenue Service.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04163
IRS990ScheduleD/TotalExpensesPerForm990Amt0482931
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt01701500
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01701500
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0482931
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0191667
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Melissa Koide
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO, Treasurer, Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0197417
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is made available to all Board Members to review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1(a) An Interested Person may make a presentation at the Board or Committee meeting, but after the presentation, the Interested Person shall leave the meeting during the discussion of, and the vote on, the Proposed Transaction. (b) The chairperson of the Board or Committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the Proposed Transaction. (c) After exercising due diligence, the Board or Committee shall determine whether the Company can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a Conflict of Interest. (d) If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a Conflict of Interest, the Board or Committee shall determine by a majority vote of the disinterested directors whether the Proposed Transaction is in the Company's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the Proposed Transaction.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A meeting of the disinterested, non-employee members of the board of directors of FinRegLab, Inc. (the "Independent Directors") was held to review and determine the CEO's compensation. The CEO did not attend the meeting of the Independent Directors. The Independent Directors reviewed data on comparable positions at similarly situated non-profit organizations and compensation information provided by an independent third-party non-profit consultant. The Independent Directors reviewed the compensation information, considered the findings, and then determined the compensation package for the CEO, which was then voted on and approved unanimously by the Independent Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents are made available to the public upon request. The form 990 is made available to the public via Guidestar.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contractors
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01001
IRS990/TotalAssetsEOYAmt01281807
IRS990/TotalAssetsGrp/BOYAmt01001
IRS990/TotalAssetsGrp/EOYAmt01281807
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01700000
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt037010
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0116192
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0329729
IRS990/TotalFunctionalExpensesGrp/TotalAmt0482931
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06280

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings