Civic Intelligence

Formed Foundation

990 • Fiscal year 2023 • EIN 87-2370391

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 30, 2024

Organization Profilewww.formedfoundation.org
38 Bates St NWWashington, DC 20001

(202) 750-1146

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

2023 filings • NTEE R • <$500k nonprofits • Source year 2023

Liabilities / Revenue

58th percentile

0.00x

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

2023 filings • NTEE R • <$500k nonprofits • Source year 2023

Net Margin

95th percentile

92%

Higher net margin than 95% of similar nonprofits.

2023 filings • NTEE R • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2023 filings • NTEE R • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

$113,153

No earlier filing loaded for comparison.

Net Assets

$113,153

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin95th percentile

Revenue

$123,104

No earlier filing loaded for comparison.

Expenses

$9,951

No earlier filing loaded for comparison.

Net Income

$113,153

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$0Assets 2023: $113,153Liabilities 2023: $0Net Assets 2023: $113,1532023Assets 2024: $112,166Liabilities 2024: $0Net Assets 2024: $112,1662024

Highlighted filing

2023

Assets$113,153
Liabilities$0
Net Assets$113,153
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2023: $123,104Expenses 2023: $9,951Net Income 2023: $113,1532023Revenue 2024: $255,102Expenses 2024: $256,089Net Income 2024: -$9872024

Highlighted filing

2023

Revenue$123,104
Expenses$9,951
Net Income$113,153
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 30, 2024
Return Version
2023v5.0
Gross Receipts
$123,104
Mission and Program Overview

Mission

Foundation is a nationwide non-profit organization Focusing on Objectives, Resilience, Media, Education, and Development. Our mission is to support Civil society and Media initiatives worldwide. Our vision is to promote the development of a fully functioning democratic society that includes a professionally capable and influential NGO and media community.

The mission is to support Civil Society and Media Initiatives worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$113,153▲ $113,153
Rtn Earn Endowment Incm Other Fnds$0$113,153▲ $113,153
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$113,153▲ $113,153
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$113,153▲ $113,153
Total Liabilities and Net Assets / Fund Balance$0$113,153▲ $113,153
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Maria KanevskayaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$123,000
Program Service Revenue
$0
Investment Income
$104
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$113,153

Audited Revenue Reconciliation

Revenue per Audited Statements
$123,104
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$123,104
Total Revenue per Form 990
$123,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,951
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$5,301--$5,301
Travel$4,353--$4,353
All Other Expenses$297--$297
Total Functional Expenses$9,951$0$0$9,951

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,951
Total Expenses per Audited Statements$9,951
Total Expenses per Form 990$9,951
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
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

“990 Form was reviewed by Director and Board.”

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

“Prior to sign contract or send a payment Director make sure to comply with conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“All documents are acceble at the Fprmed Foundation home office for inquires from 09 am to 2 pm from Monday to Wednesday”

Filing and Contact Details

Filer

Filer Name
FORMED Foundation
EIN
87-2370391
Phone
2027501146
Address
38 Bates St NW, Washington, DC 20001

Signing Officer

Name
Maria Kanevskaya
Title
Director
Phone
2027501146
Signed
2024-06-30

Organization Details

Principal Officer
Maria Kanevskaya
Formed
2021
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
1
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Difference in calculation”

Raw XML Appendix326 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/ActivityOrMissionDesc0The mission is to support Civil Society and Media Initiatives worldwide.
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IRS990/BooksInCareOfDetail/PersonNm0Maria Kanevskaya
IRS990/BooksInCareOfDetail/PhoneNum02022471257
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IRS990/Desc0CSOs increase psychological resilience to sustain work in a hostile environment. As a result of coaching assistance, three group CSO members became more sustainable in continuing to implement project activities and small initiatives. On November 11, 2023, a 2-hour set-up Zoom with the group was organized. During the session, group members identified the goals and objectives of the group, their needs, and the FF's capabilities to provide stress management counselling and coaching services. After the Zoom session, an individual work plan was drawn up for the next 5 months. Before December 31, 2023, four stress management counseling and one set-up coaching session were conducted. In those sessions, participants discussed their expectations from FF counsellingnd identified goals and milestones for achieving them. At the end of every session, the trainer gave them assignments to prepare for the upcoming counselling. A mix of stress management and coaching sessions was a new format for the group, but it was quite successful. Participants gave positive feedback afterward. They noted that the coach approached the questions posed professionally and competently, which helped to have a constructive conversation. In particular, the participants from Petrozavodsk and Rostov mentioned that "the coach respected their boundaries and maintained a comfortable environment of understanding". From the first minutes, they built trust, which helped them to get the most out of the sessions. FF organized open and trustful communication. The sessions with the psychologist helped draw up the participants' psychological portraits. As a result, the team member's strengths were identified, and the members got recommendations on different organizational roles. The team could identify their strategic goals at the end of the sessions.
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IRS990/GovernmentGrantsAmt0123000
IRS990/GrantAmt05301
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IRS990/MembershipDuesAmt00
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IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0Foundation is a nationwide non-profit organization Focusing on Objectives, Resilience, Media, Education, and Development. Our mission is to support Civil society and Media initiatives worldwide. Our vision is to promote the development of a fully functioning democratic society that includes a professionally capable and influential NGO and media community.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0113153
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt05301
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IRS990/PrincipalOfficerNm0Maria Kanevskaya
IRS990/PriorPeriodAdjustmentsAmt00
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IRS990/ProgSrvcAccomActy2Grp/Desc0Capacity building program for CSOs. During this period, FF developed programs for the 2024-2025 years. As a result, a training program for CSOs was developed.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0297
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 Form was reviewed by Director and Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Prior to sign contract or send a payment Director make sure to comply with conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All documents are acceble at the Fprmed Foundation home office for inquires from 09 am to 2 pm from Monday to Wednesday
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Difference in calculation
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9
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IRS990/WebsiteAddressTxt0www.formedfoundation.org
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0The IRS changed the dates of the tax year (from June 30 to July 01) to a calendar year (January 1-December 31) for the Formed Foundation, and the new calendar should be approved before April 22, 2024. Formed Foundation applied for an extension and got permission to file the form 990 EZ later.
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Maria Kanevskaya
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02027501146
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORMED Foundation
ReturnHeader/Filer/BusinessNameControlTxt0FORM
ReturnHeader/Filer/EIN0872370391
ReturnHeader/Filer/PhoneNum02027501146
ReturnHeader/Filer/USAddress/AddressLine1Txt038 Bates St NW
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020001
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-07-01T14:11:22-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Maria
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Kanevskaya
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$113,153
Liabilities
$0
Net assets
$113,153
Revenue
$123,104
Expenses
$9,951
Net income
$113,153
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$2.55$2.56$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$1.23$0.10$1.13