Civic Intelligence

Finreglab Inc.

990 • Fiscal year 2019 • EIN 82-2842970

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

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

81st percentile

0.14x

Higher debt load relative to assets than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

0.29x

Higher debt load relative to revenue than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

2nd percentile

-423%

Higher net margin than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

99th percentile

$241,666

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 120.2% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

6th percentile

-67%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-88%

Faster revenue growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$422,959

Down $858,848 (-67%) from 2018

Net Assets

Down

$363,859

Down $849,431 (-70%) from 2018

Liabilities

Down

$59,100

Down $9,417 (-14%) from 2018

Revenue

Down

$201,000

Down $1,500,500 (-88%) from 2018

Expenses

Up

$1,050,431

Up $567,500 (+118%) from 2018

Net Income

Down

-$849,431

Down $2,068,000 (-170%) from 2018

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

2019

Assets$422,959
Liabilities$59,100
Net Assets$363,859

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

2019

Revenue$201,000
Expenses$1,050,431
Net Income-$849,431
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$201,000
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$1,270,420$355,171▼ $915,249
Accounts Receivable$6,731$50,000▲ $43,269
Prepaid Expenses and Deferred Charges$493$12,306▲ $11,813
Land, Buildings, and Equipment, Net$4,163$5,482▲ $1,319
Total Assets$1,281,807$422,959▼ $858,848
Liabilities
Accounts Payable and Accrued Expenses$68,517$59,100▼ $9,417
Other Liabilities$0$0→ $0
Total Liabilities$68,517$59,100▼ $9,417
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,213,290$363,859▼ $849,431
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,213,290$363,859▼ $849,431
Total Liabilities and Net Assets / Fund Balance$1,281,807$422,959▼ $858,848

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,482$3,324$8,806
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 KoidePresident & CEOFT$211,666$30,000$241,666
Kelly Thompson CochranTreasurer & SecretaryFT$158,375-$158,375

Board Members and Trustees

NameTitle
Jo Ann BarefootChairman of the Board
Alexander AcreeBoard Member
Amy FriendBoard Member
Brian BrooksBoard Member
Cantwell Falkner Muckenfuss IIIBoard Member
Marla BlowBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$201,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$201,000
Change in Net Assets
$-849,431

Audited Revenue Reconciliation

Revenue per Audited Statements
$201,000
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$5,842
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$206,842
Total Revenue per Form 990
$201,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$712,661
Other Expenses$337,770
Total Fundraising Expense$116,510
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$280,980$68,768$50,293$400,041
Other Salaries and Wages$160,896$39,378$28,799$229,073
Fees for Services Other$114,664$37,550$14,000$166,214
Travel$41,536$7,419$2,962$51,917
Occupancy$40,407$2,412$7,589$50,408
Payroll Taxes$31,213$8,557$5,201$44,971
Fees for Services Accounting$7,729$24,339$2,321$34,389
Other Employee Benefits$15,385$4,418$2,373$22,176
Information Technology$3,983$12,791$434$17,208
Pension Plan Contributions$10,228$4,644$1,528$16,400
Office Expenses$2,552$4,330$306$7,188
Conferences and Meetings$3,996$765-$4,761
Insurance$1,854$883$385$3,122
Depreciation Depletion$1,795$449$319$2,563
Total Functional Expenses$717,218$216,703$116,510$1,050,431

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,056,273
Expenses per Audited Statements$1,050,431
Total Expenses per Form 990$1,050,431
Expenses Not Reported on Form 990$5,842
Expenses Not Reported on Financial Statements$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
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Koide
Formed
2017
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
6
Employees
7
Volunteers
7

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

IT, Marketing and Analyst Consultants

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 2019. The Organization files Form 990 in the U.S. federal jurisdiction. All fiscal years of the Organization could be subject to investigation by the Internal Revenue Service.

Raw XML AppendixShowing 400 of 511 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/BOYAmt068517
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt059100
IRS990/AccountsReceivableGrp/BOYAmt06731
IRS990/AccountsReceivableGrp/EOYAmt050000
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/AllOtherContributionsAmt0201000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
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/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01270420
IRS990/CashNonInterestBearingGrp/EOYAmt0355171
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt050293
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt068768
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0280980
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0400041
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0765
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03996
IRS990/ConferencesMeetingsGrp/TotalAmt04761
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0201000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0337770
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-849431
IRS990/CYSalariesCompEmpBnftPaidAmt0712661
IRS990/CYTotalExpensesAmt01050431
IRS990/CYTotalFundraisingExpenseAmt0116510
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0201000
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0319
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0449
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01795
IRS990/DepreciationDepletionGrp/TotalAmt02563
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/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0493310
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt02321
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt024339
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07729
IRS990/FeesForServicesAccountingGrp/TotalAmt034389
IRS990/FeesForServicesOtherGrp/FundraisingAmt014000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt037550
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0114664
IRS990/FeesForServicesOtherGrp/TotalAmt0166214
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt045
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt145
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Melissa Koide
IRS990/Form990PartVIISectionAGrp/PersonNm1Kelly Thompson Cochran
IRS990/Form990PartVIISectionAGrp/PersonNm2Jo Ann Barefoot
IRS990/Form990PartVIISectionAGrp/PersonNm3Alexander Acree
IRS990/Form990PartVIISectionAGrp/PersonNm4Cantwell Falkner Muckenfuss III
IRS990/Form990PartVIISectionAGrp/PersonNm5Marla Blow
IRS990/Form990PartVIISectionAGrp/PersonNm6Amy Friend
IRS990/Form990PartVIISectionAGrp/PersonNm7Brian Brooks
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0241666
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1158375
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer & Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0201000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0434
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt012791
IRS990/InformationTechnologyGrp/ProgramServicesAmt03983
IRS990/InformationTechnologyGrp/TotalAmt017208
IRS990/InsuranceGrp/FundraisingAmt0385
IRS990/InsuranceGrp/ManagementAndGeneralAmt0883
IRS990/InsuranceGrp/ProgramServicesAmt01854
IRS990/InsuranceGrp/TotalAmt03122
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03324
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04163
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05482
IRS990/LandBldgEquipCostOrOtherBssAmt08806
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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/NetAssetsOrFundBalancesBOYAmt01213290
IRS990/NetAssetsOrFundBalancesEOYAmt0363859
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01213290
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0363859
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt07589
IRS990/OccupancyGrp/ManagementAndGeneralAmt02412
IRS990/OccupancyGrp/ProgramServicesAmt040407
IRS990/OccupancyGrp/TotalAmt050408
IRS990/OfficeExpensesGrp/FundraisingAmt0306
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04330
IRS990/OfficeExpensesGrp/ProgramServicesAmt02552
IRS990/OfficeExpensesGrp/TotalAmt07188
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02373
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04418
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015385
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022176
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt028799
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039378
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0160896
IRS990/OtherSalariesAndWagesGrp/TotalAmt0229073
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05201
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08557
IRS990/PayrollTaxesGrp/ProgramServicesAmt031213
IRS990/PayrollTaxesGrp/TotalAmt044971
IRS990/PensionPlanContributionsGrp/FundraisingAmt01528
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04644
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010228
IRS990/PensionPlanContributionsGrp/TotalAmt016400
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0493
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012306
IRS990/PrincipalOfficerNm0Melissa Koide
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Explainability of Machine Learning Underwriting Models: The Organization is conducting research on the capabilities of model diagnostic tools provided by several technology companies that is designed to improve the explainability of machine learning underwriting models. This investigation will focus on the ability of the model diagnostic tools to detect model performance deterioration for various forms of machine learning models, to identify disparate impact and help lenders mitigate the underlying cause, and to reliably identify the primary bases of individual underwriting decisions.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0193004
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Customer Onboarding/Identity/Know Your Customer: Within the organization's broader research into the challenges and opportunities for addressing financial inclusion goals, the organization is fousing on data and technology solutions to address the financial sector's requirements to verify the identities of customers, which is a legal requirement known as "Know your Customer" under the Bank Secrecy Act. This work generally includes reviews of technology and data solutions that could be studied to identify more effective methods to verify the identities of underserved persons and small businesses. the work specifically entails interviews with technology vendors, reviews of academic and news publications, summaries of secondary research and speeches and other public engagement.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt030904
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01700000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0213276
IRS990/PYOtherRevenueAmt01500
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01218569
IRS990/PYSalariesCompEmpBnftPaidAmt0269655
IRS990/PYTotalExpensesAmt0482931
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01701500
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-849431
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/CurrentTaxYearAmt0201000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01700000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01901000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0177100
IRS990ScheduleA/SubstantialContributorsTotAmt01723900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0201000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01700000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01901000
IRS990ScheduleA/TotalSupportAmt01902500
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt05842
IRS990ScheduleD/DonatedServicesUseFcltsAmt05842
IRS990ScheduleD/EquipmentGrp/BookValueAmt05482
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03324
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08806
IRS990ScheduleD/ExpensesNotReportedAmt05842
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01050431
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/RevenueNotReportedAmt05842
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0201000
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 2019. The Organization files Form 990 in the U.S. 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/TotalBookValueLandBuildingsAmt05482
IRS990ScheduleD/TotalExpensesPerForm990Amt01050431
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt0201000
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0206842
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01056273
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/BaseCompensationFilingOrgAmt0211666
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1158375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount030000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings