Civic Intelligence

The Good Information Foundation

EIN 86-2025505 • 501(c)3 • New York, NY

Profile

The foundations mission is to increase the flow of good, factual information online to counter and rebut the spread and misinformation and disinformation. This is done by creating,incubating, funding and lifting up fact- based solutions, voices, programs, jounalism, content, and other initiatives that can be quickly developed, tested and deployed at scale.

101 Avenue Of The Americas 8th FLNew York, NY 10013

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.38x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.79x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

11th percentile

-30%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

96th percentile

138%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

82nd percentile

42%

Faster revenue growth than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$2,289,524

Up $1,886,670 (+468%) from 2022

Liabilities

Up

$862,448

Up $659,978 (+326%) from 2022

Net Assets

Up

$1,427,076

Up $1,226,692 (+612%) from 2022

Operations
Liabilities / Revenue86th percentileNet Margin11th percentile

Revenue

Up

$1,084,985

Up $546,921 (+102%) from 2022

Expenses

Up

$1,413,650

Up $975,970 (+223%) from 2022

Net Income

Down

-$328,665

Down $429,049 (-427%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2021: $100,000Net Assets 2021: $100,0002021Assets 2022: $402,854Liabilities 2022: $202,470Net Assets 2022: $200,3842022Assets 2024: $2,289,524Liabilities 2024: $862,448Net Assets 2024: $1,427,0762024

Highlighted filing

2024

Assets$2,289,524
Liabilities$862,448
Net Assets$1,427,076
Open 2024 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2021: $100,0002021Revenue 2022: $538,064Expenses 2022: $437,680Net Income 2022: $100,3842022Revenue 2024: $1,084,985Expenses 2024: $1,413,650Net Income 2024: -$328,6652024

Highlighted filing

2024

Revenue$1,084,985
Expenses$1,413,650
Net Income-$328,665
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$2,289,524
Liabilities
$862,448
Net assets
$1,427,076
Revenue
$1,084,985
Expenses
$1,413,650
Net income
-$328,665
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.86$1.43$1.08$1.41$0.33
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.20$0.20$0.54$0.44$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.10$0.10
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 28, 2023
Return Version
2022v5.0
Gross Receipts
$538,064
Mission and Program Overview

Mission

The foundations mission is to increase the flow of good, factual information online to counter and rebut the spread and misinformation and disinformation. This is done by creating,incubating, funding and lifting up fact- based solutions, voices, programs, jounalism, content, and other initiatives that can be quickly developed, tested and deployed at scale.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$100,000$402,729▲ $302,729
Prepaid Expenses and Deferred Charges-$125-
Total Assets$100,000$402,854▲ $302,854
Liabilities
Deferred Revenue-$170,000-
Accounts Payable and Accrued Expenses-$32,470-
Total Liabilities$0$202,470▲ $202,470
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$100,000$200,384▲ $100,384
Total Net Assets Fund Balance$100,000$200,384▲ $100,384
Total Liabilities and Net Assets / Fund Balance$100,000$402,854▲ $302,854
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Debra LavoyBoard Member
Richard StengelBoard Member
Tara McgowanBoard Member
Karim SahyounTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$538,064
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$538,064
Change in Net Assets
$100,384
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$387,680
Total Fundraising Expense$163,502
Grants and Similar Amounts Paid$50,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$0$100,958$163,502$264,460
Fees for Services Legal$0$64,250$0$64,250
Advertising$0$50,000$0$50,000
Grants to Domestic Orgs$50,000--$50,000
Fees for Services Accounting$0$8,850$0$8,850
Office Expenses$0$120$0$120
Total Functional Expenses$50,000$224,178$163,502$437,680
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Good Information Foundation
EIN
86-2025505
Phone
3148081949
Address
101 AVENUE OF THE AMERICAS 8TH FL, NEW YORK, NY 10013

Signing Officer

Name
Karim Sahyoun
Title
Treasurer
Phone
3148081949
Signed
2023-04-28
Discuss with paid preparer
Yes

Organization Details

Formed
2021
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
AVM DEMARS CPA's LLP
Address
275 HILLSIDE AVE, WILLISTON PARK, NY 11596
Preparer
Adele J Valenzuela CPA
Phone
5162489100
Supplemental Narrative

Additional Explanations

Other

“The good information foundation's purpose is to increase the flow of objective and factual information online to counter and rebut the spread of misinformation and disinformation in real time. They will accomplish this by creating, incubating, funding and lifting up fact-based solutions, voices, programs and initiatives that can be quickly developed tested and deployed at scale.”

Pt VI, Line 11B

“Process used by organization to review 990”

Pt VI, Line 8B

“Nico mele who was the president resigned during the year, current board members listed on sch j page 2”

Pt VI, Line 8A

“Nico mele who was the president resigned during the year, current board members listed on sch j page 2”

Form 990, Part IX, Line 24E

“Research 95919. 0. 95919. 0.”

Form 990, Part IX, Line 24E

“Dues and subscriptions 1248. 0. 1248. 0.”

Form 990, Part IX, Line 24E

“RENT 1308. 0. 1308. 0.”

Form 990, Part IX, Line 24E

“Consulting fees 163502. 0. 0. 163502.”

Form 990, Part IX, Line 24E

“Registration fees 2420. 0. 2420. 0.”

Form 990, Part IX, Line 24E

“Bank charges 63. 0. 63. 0.”

Raw XML Appendix309 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/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROCESS USED BY ORGANIZATION TO REVIEW 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NICO MELE WHO WAS THE PRESIDENT RESIGNED DURING THE YEAR, CURRENT BOARD MEMBERS LISTED ON SCH J PAGE 2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NICO MELE WHO WAS THE PRESIDENT RESIGNED DURING THE YEAR, CURRENT BOARD MEMBERS LISTED ON SCH J PAGE 2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
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