Civic Intelligence

Frolic Institute

990EZ • Fiscal year 2023 • EIN 87-3048731

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 24, 2024

Organization ProfileWWW.FROLIC.COMMUNITY
14070 117th Pl NEKirkland, WA 98034

(949) 275-8101

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

1st percentile

-3360%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

6th percentile

-74%

Faster asset growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-98%

Faster revenue growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$60,595

Down $168,320 (-74%) from 2022

Net Assets

Down

$60,595

Down $168,320 (-74%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin1st percentile

Revenue

Down

$5,009

Down $225,312 (-98%) from 2022

Expenses

Up

$173,329

Up $171,923 (+12228%) from 2022

Net Income

Down

-$168,320

Down $397,235 (-174%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$300K$200K$100K$0Assets 2022: $228,915Liabilities 2022: $0Net Assets 2022: $228,9152022Assets 2023: $60,595Liabilities 2023: $0Net Assets 2023: $60,5952023Assets 2024: $10,072Liabilities 2024: $0Net Assets 2024: $10,0722024

Highlighted filing

2023

Assets$60,595
Liabilities$0
Net Assets$60,595
Open 2023 Filing

Operations Trend

Revenue Growth2nd percentile

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

$300K$200K$100K$0-$100K-$200KRevenue 2022: $230,321Expenses 2022: $1,406Net Income 2022: $228,9152022Revenue 2023: $5,009Expenses 2023: $173,329Net Income 2023: -$168,3202023Revenue 2024: $13,003Expenses 2024: $63,526Net Income 2024: -$50,5232024

Highlighted filing

2023

Revenue$5,009
Expenses$173,329
Net Income-$168,320
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 24, 2024
Return Version
2023v5.1
Gross Receipts
$5,009
Mission and Program Overview

Mission

To support the development of affordable cooperative housing in seattle and other communities.

Program Services

DescriptionGrantsExpenses
TO SUPPORT THE DEVELOPMENT OF AFFORDABLE COOPERATIVE HOUSING IN SEATTLE AND OTHER COMMUNITIES.$0$168,200
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSHUA MORRISONPresident-$0--
TAMARA KNOXDirector-$0--
Filing and Contact Details

Filer

Filer Name
Frolic Institute
EIN
87-3048731
Phone
9492758101
Address
14070 117TH PL NE, KIRKLAND, WA 98034

Signing Officer

Name
Joshua Morrison
Title
President
Phone
9492758101
Signed
2024-07-24
Discuss with paid preparer
Yes

Preparer

Firm
Moss Adams Llp
Address
601 W RIVERSIDE AVENUE STE 1800, SPOKANE, WA 99201
Preparer
Emina O Cresswell CPA
Phone
5097472600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest earned. Amount: 3,214.”

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: rebate. Amount: 1,112.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: business meals. Amount: 39. Description: licenses and permits. Amount: 20. Description: supplies. Amount: 12. Description: travel. Amount: 5,015. Description: vehicle. Amount: 43. Total to form 990-ez, line 16: 5,129.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: credit card. Beg. Of year amount: 0. End of year amount: 1,097.”

Raw XML Appendix140 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0JOSHUA MORRISON
IRS990EZ/BooksInCareOfDetail/PhoneNum02065169848
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05200 55TH AVE S
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SEATTLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098118
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0228915
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059498
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0683
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-168320
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0168200
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0228915
IRS990EZ/Form990TotalAssetsGrp/EOYAmt060595
IRS990EZ/GrossReceiptsAmt05009
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03214
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0228915
IRS990EZ/NetAssetsOrFundBalancesEOYAmt060595
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0228915
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt060595
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSHUA MORRISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TAMARA KNOX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01097
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt05129
IRS990EZ/OtherRevenueTotalAmt01112
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT THE DEVELOPMENT OF AFFORDABLE COOPERATIVE HOUSING IN SEATTLE AND OTHER COMMUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO SUPPORT THE DEVELOPMENT OF AFFORDABLE COOPERATIVE HOUSING IN SEATTLE AND OTHER COMMUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0168200
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0173329
IRS990EZ/TotalProgramServiceExpensesAmt0168200
IRS990EZ/TotalRevenueAmt05009
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FROLIC.COMMUNITY
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0683
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0230000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0230683
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03214
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0321
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03535
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03214
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0321
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03535
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01112
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01112
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0230683
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0230000
IRS990ScheduleA/Total509Grp/TotalAmt0230683
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05009
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0230321
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0235330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST EARNED. AMOUNT: 3,214.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: REBATE. AMOUNT: 1,112.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BUSINESS MEALS. AMOUNT: 39. DESCRIPTION: LICENSES AND PERMITS. AMOUNT: 20. DESCRIPTION: SUPPLIES. AMOUNT: 12. DESCRIPTION: TRAVEL. AMOUNT: 5,015. DESCRIPTION: VEHICLE. AMOUNT: 43. TOTAL TO FORM 990-EZ, LINE 16: 5,129.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: CREDIT CARD. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,097.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSHUA MORRISON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09492758101
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FROLIC INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0FROL
ReturnHeader/Filer/EIN0873048731
ReturnHeader/Filer/PhoneNum09492758101
ReturnHeader/Filer/USAddress/AddressLine1Txt014070 117TH PL NE
ReturnHeader/Filer/USAddress/CityNm0KIRKLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098034
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910189318
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOSS ADAMS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0601 W RIVERSIDE AVENUE STE 1800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPOKANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099201
ReturnHeader/PreparerPersonGrp/PhoneNum05097472600
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EMINA O CRESSWELL CPA
ReturnHeader/ReturnTs02024-07-26T15:49:27-05:00
ReturnHeader/ReturnTypeCd0990EZ
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 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,595
Liabilities
$0
Net assets
$60,595
Revenue
$5,009
Expenses
$173,329
Net income
-$168,320
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.13$0.64$0.51
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.05$1.73$1.68
2022Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$2.30$0.01$2.29