Civic Intelligence

Mobilizing Foundation Inc.

990 • Fiscal year 2020 • EIN 85-0857509

Apr 28, 2020 to Dec 31, 2020 • Filed on Jan 14, 2022

Organization ProfileMOBILIZING.ORG
760 Parkside Avenue No 206Brooklyn, NY 11226-1785

(917) 881-3149

Siviq Scores

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

Liabilities / Assets

96th percentile

1.45x

Higher debt load relative to assets than 96% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.14x

Higher debt load relative to revenue than 62% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

30th percentile

-4.2%

Higher net margin than 30% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Balance Sheet
Liabilities / Assets96th percentile

Assets

$91,052

No earlier filing loaded for comparison.

Net Assets

-$41,056

No earlier filing loaded for comparison.

Liabilities

$132,108

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin30th percentile

Revenue

$975,000

No earlier filing loaded for comparison.

Expenses

$1,016,056

No earlier filing loaded for comparison.

Net Income

-$41,056

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0-$50KAssets 2020: $91,052Liabilities 2020: $132,108Net Assets 2020: -$41,0562020Assets 2021: $38,130Liabilities 2021: $12,481Net Assets 2021: $25,6492021Assets 2022: $38,433Liabilities 2022: $12,481Net Assets 2022: $25,9522022Assets 2023: $33,276Liabilities 2023: $12,481Net Assets 2023: $20,7952023Assets 2024: $30,681Liabilities 2024: $12,481Net Assets 2024: $18,2002024

Highlighted filing

2020

Assets$91,052
Liabilities$132,108
Net Assets-$41,056
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KRevenue 2020: $975,000Expenses 2020: $1,016,056Net Income 2020: -$41,0562020Revenue 2021: $197,496Expenses 2021: $130,791Net Income 2021: $66,7052021Revenue 2022: $582Expenses 2022: $18,279Net Income 2022: -$17,6972022Revenue 2023: $0Expenses 2023: $5,157Net Income 2023: -$5,1572023Revenue 2024: $0Expenses 2024: $2,595Net Income 2024: -$2,5952024

Highlighted filing

2020

Revenue$975,000
Expenses$1,016,056
Net Income-$41,056
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Apr 28, 2020 to Dec 31, 2020
Signed
Jan 14, 2022
Return Version
2020v4.1
Gross Receipts
$975,000
Mission and Program Overview

Mission

The organization offers grants to research and development companies that perform covid cure and solution research.

The organization offers grants to research and development organizations that perform covid cure and solution research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$91,052-
Total Assets$0$91,052▲ $91,052
Liabilities
Deferred Revenue-$100,000-
Accounts Payable and Accrued Expenses-$32,108-
Total Liabilities$0$132,108▲ $132,108
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$-41,056-
Total Net Assets Fund Balance$0$-41,056▼ $41,056
Total Liabilities and Net Assets / Fund Balance$0$91,052▲ $91,052
Compensation and Service Providers
Top Officer Pay51st percentile

Board Members and Trustees

NameTitle
Margaret MurphyChair
Genghis HadiVice Chair
Penelope KokkinidesBoard Member
Simon JohnsonBoard Member
Matthew GreerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$975,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$975,000
Change in Net Assets
$-41,056

Audited Revenue Reconciliation

Revenue per Audited Statements
$975,000
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$975,000
Total Revenue per Form 990
$975,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,001,160
Other Expenses$14,896
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,001,160--$1,001,160
Fees for Services Other-$8,800-$8,800
Fees for Services Accounting-$5,948-$5,948
Office Expenses-$148-$148
Total Functional Expenses$1,001,160$14,896$0$1,016,056

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,016,056
Total Expenses per Audited Statements$1,016,056
Total Expenses per Form 990$1,016,056
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mirimus IncBrooklyn, NY-Medical Research$975,000
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
No
Audit committee
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
No
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 form 990 is prepared by the organization's accountants and submitted to the board for review before filing.”

Form 990, Part VI, Section C, Line 19

“Availability of documents: the organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Mobilizing Foundation Inc
EIN
85-0857509
Phone
9178813149
Address
760 PARKSIDE AVENUE NO 206, BROOKLYN, NY 11226-1785

Signing Officer

Name
Margaret Murphy
Title
Chair
Phone
9178813149
Signed
2022-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Murphy
Formed
2020
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Lilling & Company Llp
Address
2 SEAVIEW BLVD SUITE 200, PORT WASHINGTON, NY 11050
Preparer
Thomas Sherwood
Phone
5168291099
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Form 990, part xii, line 2c: the board reviews and approves both the audit and 990.”

Financial Statement Notes

PART X, LINE 2:

“The organization recognizes the effect of tax positions only when they are more likely than not to be sustained. The organization did not have any unrecognized tax benefits or liabilities. The organization operates in the united states and in state and local jurisdictions, and the intital year remains subject to examination by tax authorities. There are presently no ongoing income tax examinations.”

Raw XML Appendix306 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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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011050
ReturnHeader/PreparerPersonGrp/PhoneNum05168291099
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS SHERWOOD
ReturnHeader/ReturnTs02022-01-14T09:59:32-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARGARET
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MURPHY
ReturnHeader/TaxPeriodBeginDt02020-04-28
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Displayed year

2020 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$91,052
Liabilities
$132,108
Net assets
-$41,056
Revenue
$975,000
Expenses
$1,016,056
Net income
-$41,056
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.00$0.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$0.00$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$0.20$0.13$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.13$0.04$0.98$1.02$0.04