Civic Intelligence

International Foundation for Valuing Impacts Inc

EIN 88-3171997 • 501(c)3 • Dover, DE

Profile

Ifvi's mission is to build and scale the practice of impact accounting to promote decision-making based on risk, return, and impact.

8 The Green 22477Dover, DE 19901

www.ifvi.org

Siviq Scores

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

Liabilities / Assets

50th percentile

0.12x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.04x

Higher debt load relative to revenue than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $5M-$10M 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

99th percentile

577%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

98th percentile

476%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,632,992

Up $1,597,327 (+4479%) from 2022

Liabilities

Up

$203,910

Up $203,171 (+27493%) from 2022

Net Assets

Up

$1,429,082

Up $1,394,156 (+3992%) from 2022

Revenue

Up

$5,091,714

Up $4,938,040 (+3213%) from 2022

Expenses

Up

$3,937,516

Up $3,818,768 (+3216%) from 2022

Net Income

Up

$1,154,198

Up $1,119,272 (+3205%) from 2022

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2022: $35,665Liabilities 2022: $739Net Assets 2022: $34,9262022Assets 2024: $1,632,992Liabilities 2024: $203,910Net Assets 2024: $1,429,0822024

Highlighted filing

2024

Assets$1,632,992
Liabilities$203,910
Net Assets$1,429,082

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2022: $153,674Expenses 2022: $118,748Net Income 2022: $34,9262022Revenue 2024: $5,091,714Expenses 2024: $3,937,516Net Income 2024: $1,154,1982024

Highlighted filing

2024

Revenue$5,091,714
Expenses$3,937,516
Net Income$1,154,198

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 18, 2025
Return Version
2024v5.0
Gross Receipts
$5,091,714
Mission and Program Overview

Mission

To build a global impact economy, which brings solutions to the great social and environmental challenges we face, by integrating impact valuation in financial analysis, capital allocation, and decision-making.

Ifvi's mission is to build and scale the practice of impact accounting to promote decision-making based on risk, return, and impact.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$305,143$1,047,227▲ $742,084
Accounts Receivable$100,000$387,860▲ $287,860
Savings and Temporary Cash Investments$0$155,152▲ $155,152
Prepaid Expenses and Deferred Charges$25,480$42,753▲ $17,273
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$430,623$1,632,992▲ $1,202,369
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$155,739$203,910▲ $48,171
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$155,739$203,910▲ $48,171
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$174,884$956,222▲ $781,338
Net Assets With Donor Restrictions$100,000$472,860▲ $372,860
Total Net Assets Fund Balance$274,884$1,429,082▲ $1,154,198
Total Liabilities and Net Assets / Fund Balance$430,623$1,632,992▲ $1,202,369
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
T Robert ZochowskiPresident & CEOFT$215,731$12,765$228,496
Catherine PanellaTreasurer & COOFT$184,722$12,196$196,918
Daniel OsuskyChief Research OfficerFT$177,080$12,765$189,845
Andrea SerraChief Market Development OfficerFT$169,771$12,765$182,536
Whitney Pollack DeserioAssistant SecretaryFT$128,557-$128,557

Board Members and Trustees

NameTitle
Ronald CohenChair
Allison Herren LeeBoard Member
Cambria Allen RatzlaffBoard Member
Clara BarbyBoard Member
Conor KehoeBoard Member
Dolika BandaBoard Member
Eelco Van Der EndenBoard Member
Eric ArchambeauBoard Member
George SerafeimBoard Member
Hans HoogervorstBoard Member
Ibukun AwosikaBoard Member
Janine GuillotBoard Member
Karen Karniol-tambourBoard Member
Ken ShibusawaBoard Member
Myung-soo KangBoard Member
Nick HurdBoard Member
Paul PenepentBoard Member
Prince Max Von Und Zu LiechtensteinBoard Member
Robert HerzBoard Member
Roger FergusonBoard Member
Saori DubourgBoard Member
Stefano ZambonBoard Member
Tracy PalandjianBoard Member
Vania BorgerthBoard Member
Weiguo ZhangBoard Member
Yael AlmogBoard Member
Alan BellerSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Pricewaterhousecoopers LLPResearch601 MASSACHUSETTS AVE NW, Washington, DC 20001, Uk$871,810
Arnold & PorterLegal Services-$116,592
Revenue and Support

Revenue Composition

Contributions and Grants
$5,090,140
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$1,572
All Other Contributions
$5,090,140
Change in Net Assets
$1,154,198

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,091,714
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$236,826
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$5,328,540
Total Revenue per Form 990
$5,091,714
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,518,391
Other Expenses$1,419,125
Total Fundraising Expense$89,300
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$940,867$152,301$41,293$1,134,461
Fees for Services Other$938,121$39,729$970$978,820
Current Officers, Directors, Trustees, and Key Employees$726,398$117,584$31,880$875,862
Other Employee Benefits$244,579$30,172$6,857$281,608
Payroll Taxes$131,027$12,143$3,528$146,698
Fees for Services Legal$0$114,704$0$114,704
Travel$98,339$4,688$2,219$105,246
Pension Plan Contributions$71,172$6,718$1,872$79,762
Conferences and Meetings$56,112$935$0$57,047
Fees for Services Accounting$0$46,561$0$46,561
Occupancy$23,400$2,970$630$27,000
Information Technology$1,186$15,478$20$16,684
Office Expenses$11,880$3,228$31$15,139
Insurance$0$12,653$0$12,653
Other Expenses$5,902$0$0$5,902
Interest$0$30$0$30
Total Functional Expenses$3,287,396$560,820$89,300$3,937,516

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,135,004
Total Expenses per Form 990$3,937,516
Expenses per Audited Statements$3,898,178
Expenses Not Reported on Form 990$236,826
Expenses Not Reported on Financial Statements$39,338
Other Expense Adjustments$39,338
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
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
Yes
Other officer compensation reviewed
Yes
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

Ifvi's audit and finance committee will review the form 990 and consider the accuracy and completeness of the information. Ifvi's audit and finance committee will recommend whether to accept or reject the above filings to the board of directors. The board of directors will vote to accept or reject the audit and finance committee's recommendation to approve the form 990.

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

Members of the board of directors review all potential conflicts of interest at least annually. All board members and personnel are required to disclose potential conflicts and any related party affiliations. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

Form 990, Part VI, Section B, Line 15

Ifvi's executive committee of the board of directors is responsible for determining base salary compensation for the ceo and any other staff members who are considered " disqualified persons" under section 4958 of the code.

Form 990, Part VI, Section C, Line 19

All of the organization's governing documents, financial statements, and legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are available to the general public for download at various third-party websites such as www.guidestar.org and www.charitynavigator.org, among others.

Filing and Contact Details

Filer

Filer Name
International Foundation for Valuing Impacts Inc
EIN
88-3171997
Phone
9134868432
Address
8 THE GREEN 22477, DOVER, DE 19901

Signing Officer

Name
T Robert Zochowski
Title
President & CEO
Phone
9134868432
Signed
2025-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
T Robert Zochowski
Formed
2022
Legal Domicile
De
Voting Board Members
27
Independent Board Members
27
Employees
15
Volunteers
45

Preparer

Firm
Easy Office Dba Jitasa
Address
1120 S RACKHAM WAY SUITE 300, MERIDIAN, ID 83642
Preparer
Jeremy Cork
Phone
2082874777
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract service expenses

Financial Statement Notes

Schedule D, Part X, Line 2

The foundation is exempt from federal income tax under section 501(c)(3) of the united states internal revenue code and exempt from state income taxes under state law, and no provision for such income tax has been reflected in the accompanying financial statements. The foundation has evaluated uncertain tax positions with respect to its operations and concluded there are no such positions at december 31, 2024. The foundation did not recognize any tax-related interest or penalties during the period presented in these financial statements.

Schedule D, Part XII, Line 4B

LOSS ON FOREIGN EXCHANGE

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IRS990/Form990PartVIISectionAGrp/PersonNm5RONALD COHEN
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IRS990/Form990PartVIISectionAGrp/PersonNm7CAMBRIA ALLEN RATZLAFF
IRS990/Form990PartVIISectionAGrp/PersonNm8YAEL ALMOG
IRS990/Form990PartVIISectionAGrp/PersonNm9ERIC ARCHAMBEAU
IRS990/Form990PartVIISectionAGrp/PersonNm10IBUKUN AWOSIKA
IRS990/Form990PartVIISectionAGrp/PersonNm11DOLIKA BANDA
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IRS990/Form990PartVIISectionAGrp/PersonNm13VANIA BORGERTH
IRS990/Form990PartVIISectionAGrp/PersonNm14SAORI DUBOURG
IRS990/Form990PartVIISectionAGrp/PersonNm15EELCO VAN DER ENDEN
IRS990/Form990PartVIISectionAGrp/PersonNm16ROGER FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm17JANINE GUILLOT
IRS990/Form990PartVIISectionAGrp/PersonNm18ALLISON HERREN LEE
IRS990/Form990PartVIISectionAGrp/PersonNm19ROBERT HERZ
IRS990/Form990PartVIISectionAGrp/PersonNm20HANS HOOGERVORST
IRS990/Form990PartVIISectionAGrp/PersonNm21NICK HURD
IRS990/Form990PartVIISectionAGrp/PersonNm22MYUNG-SOO KANG
IRS990/Form990PartVIISectionAGrp/PersonNm23KAREN KARNIOL-TAMBOUR
IRS990/Form990PartVIISectionAGrp/PersonNm24CONOR KEHOE
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IRS990/Form990PartVIISectionAGrp/PersonNm27GEORGE SERAFEIM
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IRS990/Form990PartVIISectionAGrp/PersonNm29STEFANO ZAMBON
IRS990/Form990PartVIISectionAGrp/PersonNm30WEIGUO ZHANG
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER & COO
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF RESEARCH OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF MARKET DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02022
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
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IRS990/GainOrLossGrp/SecuritiesAmt00
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IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05091714
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt030
IRS990/InterestGrp/ProgramServicesAmt00
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IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
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IRS990/InvestmentExpenseAmt00
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt00

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