Civic Intelligence

Ars Empirica

990 • Fiscal year 2023 • EIN 85-4351560

Dec 01, 2022 to Nov 30, 2023 • Filed on Apr 11, 2024

47 Barnes StProvidence, RI 02906

(401) 859-1231

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Asset Growth

57th percentile

5.9%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-89%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,702,882

Up $95,155 (+5.9%) from 2022

Net Assets

Up

$1,702,882

Up $95,155 (+5.9%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$95,155

Down $751,875 (-89%) from 2022

Expenses

Flat

$0

Flat from 2022

Net Income

Down

$95,155

Down $751,875 (-89%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2022: $1,607,727Liabilities 2022: $0Net Assets 2022: $1,607,7272022Assets 2023: $1,702,882Liabilities 2023: $0Net Assets 2023: $1,702,8822023Assets 2024: $1,677,979Liabilities 2024: $0Net Assets 2024: $1,677,9792024

Highlighted filing

2023

Assets$1,702,882
Liabilities$0
Net Assets$1,702,882

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2022: $847,030Expenses 2022: $0Net Income 2022: $847,0302022Revenue 2023: $95,155Expenses 2023: $0Net Income 2023: $95,1552023Revenue 2024: $17Expenses 2024: $24,920Net Income 2024: -$24,9032024

Highlighted filing

2023

Revenue$95,155
Expenses$0
Net Income$95,155
Jump To
Filing Snapshot
Filing Period
Dec 1, 2022 to Nov 30, 2023
Signed
Apr 11, 2024
Return Version
2022v5.0
Gross Receipts
$95,155
Mission and Program Overview

Mission

Ars empirica provides data-centric, artificial intelligence, expert and logistical services, and research, education, and support for the common good. Ars empirica's mission includes helping non-profit entities and government entities to better utilize data in alignment with their missions and working with for-profit entities on activities that are of benefit to the common good. Ars empirica supports the development of better tools, methods, and systems for data science, artificial intelligence, education, and research, and resource allocation.

Data-centric, artificial intelligence, expert, and logistical services, and research, education, and support for the common good.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,701,982-
Cash and Non-Interest-Bearing Accounts$1,607,727$900▼ $1,606,827
Total Assets$1,607,727$1,702,882▲ $95,155
Liabilities
Other Liabilities-$0-
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,607,727$1,702,882▲ $95,155
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,607,727$1,702,882▲ $95,155
Total Liabilities and Net Assets / Fund Balance$1,607,727$1,702,882▲ $95,155
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel F PotterPresident
Louis a ScottDirector
William E ZieffDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$95,150
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$95,155
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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

Ars empirica shall submit the form 990 to its board of directors before the filing of the form 990. While neither the approval of the form 990 nor a review of the 990 is required under federal law, the corporation's form 990 shall be submitted to each member of the board of directors via (hard copy or email) at least 10 days before the form 990 is filed with the irs, or the board of directors confirms their review is complete.

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

The company's conflict of interest policy requires periodic reviews to ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status. The periodic reviews shall, at a minimum, include the following subjects: (a) whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining. (b) whether partnerships, joint ventures, and arrangements with management corporations conform to the corporation's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in inurement, impermissible private benefit, or excess benefit transaction.

Form 990, Part VI, Section C, Line 19

The company's key organizations and operating documents, including its articles of incorporation, by-laws, code of ethics, whistle-blower policy, conflict of interest policy, and public irs filings, are available upon request or at the company's website.

Filing and Contact Details

Filer

Filer Name
Ars Empirica
EIN
85-4351560
Phone
4018591231
Address
47 BARNES ST, PROVIDENCE, RI 02906

Signing Officer

Name
Daniel Potter
Title
President
Phone
4013451056
Signed
2024-04-11

Organization Details

Principal Officer
Daniel F Potter
Formed
2020
Legal Domicile
Ri
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3
Raw XML Appendix277 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/MissionDesc0ARS EMPIRICA PROVIDES DATA-CENTRIC, ARTIFICIAL INTELLIGENCE, EXPERT AND LOGISTICAL SERVICES, AND RESEARCH, EDUCATION, AND SUPPORT FOR THE COMMON GOOD. ARS EMPIRICA'S MISSION INCLUDES HELPING NON-PROFIT ENTITIES AND GOVERNMENT ENTITIES TO BETTER UTILIZE DATA IN ALIGNMENT WITH THEIR MISSIONS AND WORKING WITH FOR-PROFIT ENTITIES ON ACTIVITIES THAT ARE OF BENEFIT TO THE COMMON GOOD. ARS EMPIRICA SUPPORTS THE DEVELOPMENT OF BETTER TOOLS, METHODS, AND SYSTEMS FOR DATA SCIENCE, ARTIFICIAL INTELLIGENCE, EDUCATION, AND RESEARCH, AND RESOURCE ALLOCATION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARS EMPIRICA SHALL SUBMIT THE FORM 990 TO ITS BOARD OF DIRECTORS BEFORE THE FILING OF THE FORM 990. WHILE NEITHER THE APPROVAL OF THE FORM 990 NOR A REVIEW OF THE 990 IS REQUIRED UNDER FEDERAL LAW, THE CORPORATION'S FORM 990 SHALL BE SUBMITTED TO EACH MEMBER OF THE BOARD OF DIRECTORS VIA (HARD COPY OR EMAIL) AT LEAST 10 DAYS BEFORE THE FORM 990 IS FILED WITH THE IRS, OR THE BOARD OF DIRECTORS CONFIRMS THEIR REVIEW IS COMPLETE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPANY'S CONFLICT OF INTEREST POLICY REQUIRES PERIODIC REVIEWS TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT CORPORATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES, AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT, OR EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPANY'S KEY ORGANIZATIONS AND OPERATING DOCUMENTS, INCLUDING ITS ARTICLES OF INCORPORATION, BY-LAWS, CODE OF ETHICS, WHISTLE-BLOWER POLICY, CONFLICT OF INTEREST POLICY, AND PUBLIC IRS FILINGS, ARE AVAILABLE UPON REQUEST OR AT THE COMPANY'S WEBSITE.
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 C, Line 19
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Potter
ReturnHeader/TaxPeriodBeginDt02022-12-01
ReturnHeader/TaxPeriodEndDt02023-11-30
ReturnHeader/TaxYr02022

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