Civic Intelligence

Inevitable Foundation

990 • Fiscal year 2023 • EIN 86-1768321

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 05, 2024

228 Park Avenue 15849New York, NY 10003

(973) 218-0500

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • NTEE T30 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2023 filings • NTEE T30 • $500k-$1M nonprofits • Source year 2023

Net Margin

14th percentile

-40%

Higher net margin than 14% of similar nonprofits.

2023 filings • NTEE T30 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

84th percentile

$52,494

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2023 filings • NTEE T30 • $500k-$1M nonprofits • Source year 2023

Asset Growth

10th percentile

-27%

Faster asset growth than 10% of similar nonprofits.

2023 filings • NTEE T30 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-48%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • NTEE T30 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$962,154

Down $349,622 (-27%) from 2022

Net Assets

Down

$948,855

Down $358,451 (-27%) from 2022

Liabilities

Up

$13,299

Up $8,829 (+198%) from 2022

Revenue

Down

$886,810

Down $817,814 (-48%) from 2022

Expenses

Up

$1,245,261

Up $485,811 (+64%) from 2022

Net Income

Down

-$358,451

Down $1,303,625 (-138%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2021: $385,404Liabilities 2021: $23,272Net Assets 2021: $362,1322021Assets 2022: $1,311,776Liabilities 2022: $4,470Net Assets 2022: $1,307,3062022Assets 2023: $962,154Liabilities 2023: $13,299Net Assets 2023: $948,8552023Assets 2024: $1,426,899Liabilities 2024: $16,633Net Assets 2024: $1,410,2662024

Highlighted filing

2023

Assets$962,154
Liabilities$13,299
Net Assets$948,855

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $618,609Expenses 2021: $256,477Net Income 2021: $362,1322021Revenue 2022: $1,704,624Expenses 2022: $759,450Net Income 2022: $945,1742022Revenue 2023: $886,810Expenses 2023: $1,245,261Net Income 2023: -$358,4512023Revenue 2024: $2,106,804Expenses 2024: $1,645,393Net Income 2024: $461,4112024

Highlighted filing

2023

Revenue$886,810
Expenses$1,245,261
Net Income-$358,451
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 5, 2024
Return Version
2023v5.1
Gross Receipts
$886,810
Mission and Program Overview

Mission

To systematically break down barriers keeping mid-level disabled screenwritersthe most underrepresented workforce in film and televisionfrom reaching their full commercial and creative potential.

To invest in disabled writers and filmmakers so they can achieve artistic and financial freedom and leverage film and television to destigmatize disability and mental health globally.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$920,336$870,138▼ $50,198
Pledges and Grants Receivable$385,000$40,000▼ $345,000
Investments Program Related-$22,310-
Prepaid Expenses and Deferred Charges-$15,134-
Land, Buildings, and Equipment, Net$6,440$14,572▲ $8,132
Total Assets$1,311,776$962,154▼ $349,622
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$4,470$13,299▲ $8,829
Total Liabilities$4,470$13,299▲ $8,829
Net Assets / Fund Balance
Net Assets With Donor Restrictions$805,000$680,850▼ $124,150
Net Assets Without Donor Restrictions$502,306$268,005▼ $234,301
Total Net Assets Fund Balance$1,307,306$948,855▼ $358,451
Total Liabilities and Net Assets / Fund Balance$1,311,776$962,154▼ $349,622

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,572$3,524$18,096
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marisa Torelli-pedevskaCo-founder, SecretaryPT$43,083$9,411$52,494
Richie SiegelCo-founder,president, TreaFT$24,376$8,268$32,644

Board Members and Trustees

NameTitle
Andraea LavantDirector
Brandon SonnierDirector
Lauren RidloffDirector
Rebekah KondratDirector
Sinead BurkeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$877,669
Program Service Revenue
$0
Investment Income
$7,168
Other Revenue
$1,973
All Other Contributions
$877,669
Change in Net Assets
$-358,451
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$593,196
Other Expenses$309,694
Grants and Similar Amounts Paid$253,371
Total Fundraising Expense$134,881
Professional Fundraising Fees$89,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$308,217$23,285$6,270$337,772
Grants to Domestic Individuals$253,371--$253,371
Comp Disqual Persons$95,100--$95,100
Fees for Services Professional Fundraising--$89,000$89,000
Current Officers, Directors, Trustees, and Key Employees$63,854$8,514$12,771$85,139
Fees for Services Other$46,099$12,339$19,580$78,018
Office Expenses$62,352$12,422$22$74,796
Fees for Services Legal$16,361$37,617$403$54,381
Advertising$27,077$13,973$4,637$45,687
Payroll Taxes$26,853$2,712$1,221$30,786
Other Employee Benefits$26,911$2,125-$29,036
Travel$20,003$2,839$259$23,101
Information Technology$4,708$14,417$192$19,317
Pension Plan Contributions$13,956$1,218$189$15,363
Other Expenses$7,916$747$337$9,000
Depreciation Depletion-$2,724-$2,724
Occupancy$1,464$179-$1,643
Insurance-$774-$774
Fees for Service Investment Mgmnt Fees-$253-$253
Total Functional Expenses$974,242$136,138$134,881$1,245,261
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$89,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-ENTITY OWNED >35% BY AN OFFICERManagement ServicesNo$95,100
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
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The board desires to establish an investment & grants committee as a board committee, consistently entirely of directors of the corporation, and to delegate to such committee all of the board's authority with respect to: directing and monitoring the corporation's investments and to manage any related outside parties such as an investment advisor or investment manager. Reviewing reports and recommendations from the corporation's officers, program officers and staff regarding the corporation's grantmaking and direct charitable activities and, in response to such reports and recommendations, exercising the board's authority to approve proposed grants, grant agreements, contracts for direct charitable activity, and decisions relating to previously made grants and charitable activity.

Form 990, Part VI, Section A, Line 6

The organization has one class of membership and two initial members who are richard siegel and marisa torelli-pedevska.

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

The members of the organization have the exclusive right to elect any director and to set the number of authorized directors, and the exclusive right to remove a director.

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

The members of the organization have the following additional rights: the right to vote on any sale, lease, transfer, or other disposition of all or substantially all of the assets or properties of this corporation; the right to vote on any merger of this corporation, but only to the extent required by the delaware general corporation law; the right to vote on dissolution of this corporation; the right to vote on the amendment or repeal of the bylaws; and the right to vote on any other matters that may properly be presented to the members for a vote, pursuant to this corporation's certificate of incorporation, bylaws, or action of the board of directors, or by operation of law.

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

A draft copy of the completed return is provided to the president of the board for his review. It is then circulated to the members of the board for their review before the form 990 is filed.

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

The organization monitors conflicts of interest via a written policy and through frequent check ins and conversations with the board.

Form 990, Part VI, Section B, Line 15

The process of determining the ceo and officer's compensation will include a review of the proposed compensation by outside benchmarks for non-profit leaders. The data will be reviewed and approved by the board.

Form 990, Part VI, Section C, Line 19

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
Inevitable Foundation
EIN
86-1768321
Phone
9732180500
Address
228 PARK AVENUE 15849, NEW YORK, NY 10003

Signing Officer

Name
Richie Siegel
Title
President
Phone
9732180500
Signed
2024-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richie Siegel
Formed
2021
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
5
Employees
9
Volunteers
0

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
180 PARK AVENUE SUITE 200, FLORHAM PARK, NJ 07932
Preparer
Paula Vuksic
Phone
9732180500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation recognizes and measures its unrecognized tax benefits in accordance with financial accounting standards board ("fasb") accounting standards codification ("asc") 740, income taxes. Under that guidance, the foundation assesses the likelihood, based on their technical merit, that tax positions will be sustained upon examination based on the facts, circumstances and information available at the end of each period. The measurement of unrecognized tax benefits is adjusted when new information is available or when an event occurs that requires a change. Management has evaluated the foundation's tax positions and has concluded that the foundation has taken no uncertain tax positions that require adjustment to the accompanying financial statements.

Raw XML AppendixShowing 400 of 481 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/Desc0ACCELERATE FELLOWSHIPOUR ACCELERATE FELLOWSHIP IS A YEAR-LONG PROGRAM THAT GIVES MID-CAREER DISABLED SCREENWRITERS $40,000 IN UNRESTRICTED FUNDING, BESPOKE MENTORSHIP AND INDUSTRY CONNECTIONS TO HELP DEVELOP AND SELL THEIR OWN CONTENT. THE PROGRAM GIVES FELLOWS THE FINANCIAL STABILITY TO FOCUS ON THEIR WRITING CAREER FULL-TIME, EMPOWERS THEM WITH THE BUSINESS SKILLS TO ACCELERATE THEIR CAREER DEVELOPMENT AND OPENS UP A COMMUNITY OF PEERS TO BOND AND GROW WITH.
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IRS990/Form990PartVIISectionAGrp/PersonNm1MARISA TORELLI-PEDEVSKA
IRS990/Form990PartVIISectionAGrp/PersonNm2REBEKAH KONDRAT
IRS990/Form990PartVIISectionAGrp/PersonNm3SINEAD BURKE
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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IRS990/PrincipalOfficerNm0RICHIE SIEGEL
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0ELEVATE COLLECTIVEELEVATE COLLECTIVE EMPOWERS MID- AND UPPER-LEVEL DISABLED SCREENWRITERS WITH $5,000-$10,000 PROFESSIONAL DEVELOPMENT GRANTS FOR MENTORSHIP, COACHING, AND CONNECTIONS TO LEVEL-UP THEIR CAREERS. THE COLLECTIVE ALSO BUILDS CAREER MOMENTUM BY HELPING SCREENWRITERS BUILD COMMUNITY IN THE INDUSTRY AND AMONG THEIR PEERS, SHARPEN THEIR WRITING SKILLS AND STRATEGIZE WITH CAREER AND WRITING COACHES. IN DECEMBER 2022 WE ALSO LAUNCHED ELEVATE FOR PODCASTERS, THE FIRST PROGRAM FOR DISABLED FICTION PODCASTERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0266237
IRS990/ProgSrvcAccomActy2Grp/GrantAmt087443
IRS990/ProgSrvcAccomActy3Grp/Desc0CONCIERGETHE CONCIERGE IS A PERSONALIZED SERVICE THAT LINKS SHOWRUNNERS AND CREATIVE EXECUTIVES WITH THE BEST DISABLED WRITERS FOR DEVELOPMENT AND STAFFING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt071401
IRS990/ProgSrvcAccomActyOtherGrp/Desc0EMERGENCY RELIEF FUNDA RESPONSIVE CASH GRANTING PROGRAM FOR DISABLED WRITERS IN CRISIS.RESEARCH & ADVOCACY DESTIGMATIZING DISABILITY AND INCREASING ACCESS VIA INNOVATIVE RESEARCH AND ADVOCACY INITIATIVES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0177458
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt037500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01704624
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0192079
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0396082
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0945174
IRS990/PYSalariesCompEmpBnftPaidAmt0171289
IRS990/PYTotalExpensesAmt0759450
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01704624
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-358451
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0877669
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01704624
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0618609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03200902
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07168
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07168
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01973
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01973
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01774397
IRS990ScheduleA/SubstantialContributorsTotAmt01426505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0877669
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01704624
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0618609
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03200902
IRS990ScheduleA/TotalSupportAmt03210043
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/EquipmentGrp/BookValueAmt014572
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03524
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018096
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES. UNDER THAT GUIDANCE, THE FOUNDATION ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014572
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0FUNDRAISING CONSULTING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0TESS O DWYER
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt089000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0100 11TH AVENUE APT 14
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd010011
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0CA
IRS990ScheduleG/LicensedStatesCd1NY
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/TotalRetainedByContractorsAmt089000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0128428
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt187443
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt237500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ACCELERATE FELLOWSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1ELEVATE COLLECTIVE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2EMERGENCY RELIEF FUND
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt119
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt248
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS AND MONITORS THRU PERIODIC CHECK-INS WITH GRANTEES, WHETHER FUNDS ARE BEING USED IN ACCORDANCE WITH THE GRANT CRITERIA.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PARENTAL CONTROLS LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ENTITY OWNED >35% BY AN OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt095100
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGEMENT SERVICES
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD DESIRES TO ESTABLISH AN INVESTMENT & GRANTS COMMITTEE AS A BOARD COMMITTEE, CONSISTENTLY ENTIRELY OF DIRECTORS OF THE CORPORATION, AND TO DELEGATE TO SUCH COMMITTEE ALL OF THE BOARD'S AUTHORITY WITH RESPECT TO: DIRECTING AND MONITORING THE CORPORATION'S INVESTMENTS AND TO MANAGE ANY RELATED OUTSIDE PARTIES SUCH AS AN INVESTMENT ADVISOR OR INVESTMENT MANAGER. REVIEWING REPORTS AND RECOMMENDATIONS FROM THE CORPORATION'S OFFICERS, PROGRAM OFFICERS AND STAFF REGARDING THE CORPORATION'S GRANTMAKING AND DIRECT CHARITABLE ACTIVITIES AND, IN RESPONSE TO SUCH REPORTS AND RECOMMENDATIONS, EXERCISING THE BOARD'S AUTHORITY TO APPROVE PROPOSED GRANTS, GRANT AGREEMENTS, CONTRACTS FOR DIRECT CHARITABLE ACTIVITY, AND DECISIONS RELATING TO PREVIOUSLY MADE GRANTS AND CHARITABLE ACTIVITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP AND TWO INITIAL MEMBERS WHO ARE RICHARD SIEGEL AND MARISA TORELLI-PEDEVSKA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS OF THE ORGANIZATION HAVE THE EXCLUSIVE RIGHT TO ELECT ANY DIRECTOR AND TO SET THE NUMBER OF AUTHORIZED DIRECTORS, AND THE EXCLUSIVE RIGHT TO REMOVE A DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF THE ORGANIZATION HAVE THE FOLLOWING ADDITIONAL RIGHTS: THE RIGHT TO VOTE ON ANY SALE, LEASE, TRANSFER, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OR PROPERTIES OF THIS CORPORATION; THE RIGHT TO VOTE ON ANY MERGER OF THIS CORPORATION, BUT ONLY TO THE EXTENT REQUIRED BY THE DELAWARE GENERAL CORPORATION LAW; THE RIGHT TO VOTE ON DISSOLUTION OF THIS CORPORATION; THE RIGHT TO VOTE ON THE AMENDMENT OR REPEAL OF THE BYLAWS; AND THE RIGHT TO VOTE ON ANY OTHER MATTERS THAT MAY PROPERLY BE PRESENTED TO THE MEMBERS FOR A VOTE, PURSUANT TO THIS CORPORATION'S CERTIFICATE OF INCORPORATION, BYLAWS, OR ACTION OF THE BOARD OF DIRECTORS, OR BY OPERATION OF LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A DRAFT COPY OF THE COMPLETED RETURN IS PROVIDED TO THE PRESIDENT OF THE BOARD FOR HIS REVIEW. IT IS THEN CIRCULATED TO THE MEMBERS OF THE BOARD FOR THEIR REVIEW BEFORE THE FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MONITORS CONFLICTS OF INTEREST VIA A WRITTEN POLICY AND THROUGH FREQUENT CHECK INS AND CONVERSATIONS WITH THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS OF DETERMINING THE CEO AND OFFICER'S COMPENSATION WILL INCLUDE A REVIEW OF THE PROPOSED COMPENSATION BY OUTSIDE BENCHMARKS FOR NON-PROFIT LEADERS. THE DATA WILL BE REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0INEVITABLE FOUNDATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0920514720
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HEALTH INSURANCE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0INEVITABLE FOUNDATION HEALTH CARE SUBSIDIARY LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt05796
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt055027
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0228 PARK AVENUE SOUTH STE 15849
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd010003
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1CA
IRS990/SubjectToExcsTaxNetInvstIncInd00

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