Civic Intelligence

Foundaition Inc.

990EZ • Fiscal year 2024 • EIN 92-3463556

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 01, 2025

Organization Profilehttps: foundaition.org
945 Concord Street 1211Framingham, MA 01701

(508) 740-0041

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

77th percentile

0.04x

Higher debt load relative to revenue than 77% of similar nonprofits.

2024 filings • NTEE U • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

0.0%

Higher net margin than 38% of similar nonprofits.

2024 filings • NTEE U • <$500k nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2024 filings • NTEE U • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-48%

Faster revenue growth than 22% of similar nonprofits.

2024 filings • NTEE U • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2023

Net Assets

Flat

-$215

Flat from 2023

Liabilities

Flat

$215

Flat from 2023

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin38th percentile

Revenue

Down

$5,043

Down $4,724 (-48%) from 2023

Expenses

Down

$5,043

Down $4,939 (-49%) from 2023

Net Income

Up

$0

Up $215 (+100%) from 2023

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400$200$0-$200-$400Assets 2023: $0Liabilities 2023: $215Net Assets 2023: -$2152023Assets 2024: $0Liabilities 2024: $215Net Assets 2024: -$2152024Assets 2025: $0Liabilities 2025: $215Net Assets 2025: -$2152025

Highlighted filing

2024

Assets$0
Liabilities$215
Net Assets-$215
Open 2024 Filing

Operations Trend

Revenue Growth22nd percentile

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

$10K$5.0K$0-$5.0KRevenue 2023: $9,767Expenses 2023: $9,982Net Income 2023: -$2152023Revenue 2024: $5,043Expenses 2024: $5,043Net Income 2024: $02024Revenue 2025: $1,148Expenses 2025: $1,148Net Income 2025: $02025

Highlighted filing

2024

Revenue$5,043
Expenses$5,043
Net Income$0
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 1, 2025
Return Version
2024v5.1
Gross Receipts
$5,043
Mission and Program Overview

Mission

Research and education in artificial intelligence including development of open tools platforms and educational resources to advance public understanding and responsible use of AI.

Our organization is dedicated to advancing scientific research and education within the Artificial Intelligence AI domain. In alignment with our mission and to uphold our tax-exempt status our 2024 program activities included: a Publishing article "Natural neural network as evolutionary trained foundation of unsupervised artificial neural networks" in Journal of Artificial Intelligence and Robotics https: doi.org 10.61577 jaiar.2024.1000015 b Continued research in AI domain specifically Natural neural network NNN. c Started developing public web CCAI and Slack chat bots trial deployments - https: staracademyboston.com https: timetopatent.com https: www.venturerentals.com.

Program Services

DescriptionGrantsExpenses
Publishing article "Natural neural network as evolutionary trained foundation of unsupervised artificial neural networks" in Journal of Artificial Intelligence and Robotics https: doi.org 10.61577 jaiar.2024.1000015b contributing to the global knowledge base in AI.$0$0
Continued research in AI domain specifically Natural neural network NNN started developing public web CCAI and Slack chat bots aimed at educating and empowering industry leaders with AI knowledge and tools.$0$0
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALEX FEDOSOVDirectorFT$0--
Artem AbramianDirector-$0--
Alexander RumyantsevDirector-$0--
Sergei IvanovDirectorFT$0--
Filing and Contact Details

Filer

Filer Name
FoundAItion Inc
EIN
92-3463556
In Care Of
% Alex Fedosov
Address
945 Concord Street 1211, Framingham, MA 01701

Signing Officer

Name
Alex Fedosov
Title
President
Signed
2025-04-01
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Doing Business As Names

“FoundAItion Inc”

Part I, line 16

“| Other Expenses:, Amount:| Conferences meetings, $42.00| Miscellaneous expenses including web site updates, $2469.00|”

Part II, line 26

“| Liabilities Name:, BOY Amount:, EOY Amount:| Loans from board members, $215, $215|”

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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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IRS990EZ/PrimaryExemptPurposeTxt0Our organization is dedicated to advancing scientific research and education within the Artificial Intelligence AI domain. In alignment with our mission and to uphold our tax-exempt status our 2024 program activities included: a Publishing article "Natural neural network as evolutionary trained foundation of unsupervised artificial neural networks" in Journal of Artificial Intelligence and Robotics https: doi.org 10.61577 jaiar.2024.1000015 b Continued research in AI domain specifically Natural neural network NNN. c Started developing public web CCAI and Slack chat bots trial deployments - https: staracademyboston.com https: timetopatent.com https: www.venturerentals.com.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FoundAItion Inc
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Conferences meetings, $42.00| Miscellaneous expenses including web site updates, $2469.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Liabilities Name:, BOY Amount:, EOY Amount:| Loans from board members, $215, $215|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Doing Business As Names
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Alex Fedosov
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-01
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ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0923463556
ReturnHeader/Filer/ForeignPhoneNum08338529992
ReturnHeader/Filer/InCareOfNm0% Alex Fedosov
ReturnHeader/Filer/USAddress/AddressLine1Txt0945 Concord Street 1211
ReturnHeader/Filer/USAddress/CityNm0Framingham
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001701
ReturnHeader/ReturnTs02025-03-31T15:10:26-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$215
Net assets
-$215
Revenue
$5,043
Expenses
$5,043
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0$215$215$1,148$1,148$0
2024Detailed filing. Detailed filing data is available for this year.$0$215$215$5,043$5,043$0
2023Detailed filing. Detailed filing data is available for this year.$0$215$215$9,767$9,982$215