Market Research Foundation

Fairfax, VAUnknown exempt organizationEIN 20-4155641Revenue $428K in FY2022

On file with the IRSmarketresearchfoundation.org4015 Chain Bridge Road Unit F · Fairfax, VA

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To engage in analytics Research in several disciplines.

88¢ of each $1 spent went to programs.
$210K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $6K a year · 1% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$210K
to officers and key staff · 44% of spending
Concern: pay to officers and key staff is 44% of spending; over 30%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$590
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$428K
-31% vs prior year
Spent
$474K
To programs
88%
Net assets
$11K
By yearFY2020–FY2022
Revenue
$428K
FY2022▼ -31%
Tap a bar for its year
Revenue by fiscal year
FY2020$624K
FY2021$622K
FY2022$428K
Expenses
$474K
FY2022▼ -26%
Tap a bar for its year
Expenses by fiscal year
FY2020$576K
FY2021$642K
FY2022$474K
Net assets
$11K
FY2022▼ -80%
Tap a bar for its year
Net assets by fiscal year
FY2020$74K
FY2021$58K
FY2022$11K

From the FY2022 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $417K Management & general 10% · $45K Fundraising 3% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $210K paid to officers and key staff.

Part VII, Section A · reportable compensation
$210,000Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
William Wilson$210,000$210,000$210,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Conducts research across multiple fields using data analysis.

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Provided by the organization

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1 program · $417K · in their own filed words · FY2022
01

To engage in analytics research in several disciplines.

$417Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$8K
Grants paid · 2 grants · $36K · 2021–2022

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$428K
Ln 12
Gifts and grantsLn 1h$377K
Fees for servicesLn 2g$51K
Money outPt IX
$474K
Ln 25
Programscol B$417K
Managementcol C$45K
Fundraisingcol D$12K
Owns and owesPt X
$11K
net assets · Ln 32
Cash and savingsLn 1–2$12K
Total assetsLn 16$12K
LiabilitiesLn 26$590
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$377K
Fees for servicesLn 2g$51K
Total revenueLn 12$428K
Assets in detailPt X, end of year
CashLn 1$12K
Cash and savings togetherLn 1–2$12K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$12K
LiabilitiesLn 26$590
Net assetsLn 32$11K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$58K$12K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$58K$12K
LiabilitiesLn 26$71$590
Net assetsLn 32$58K$11K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$17K$17K
Pay of current officers, directors and key staffLn 5$210K$178K$21K$10K
Payroll taxesLn 10$12K$10K$1K$609
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$175K$175K
Office expensesLn 13$10K$2K$8K
Information technologyLn 14$19K$19K$673
TravelLn 17$690$619$71
Conferences, conventions and meetingsLn 19$2K$737$803
InsuranceLn 23$56$56
Other expenses (24a–d)Ln 24$14K$14K
Total functional expensesLn 25$474K$417K$45K$12K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $428K$474K−$46K$11K 990 PDF
FY2021 $622K$642K−$20K$58K 990 PDF
FY2020 $624K$576K$48K$74K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $427,925 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $622,000$376,925
I-9 Program service revenuePrior year $0$51,000
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $622,000$427,925
I-13 Grants and similar amounts paidPrior year $23,933$17,008
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $254,247$222,186
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $364,002$235,002
I-18 Total expensesPrior year $642,182$474,196
I-19 Revenue less expensesPrior year −$20,182−$46,271
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $427,925 across 4 lines filed
VIII-1f All other contributions, gifts and grants$376,925
VIII-1h Total contributions, gifts and grants$376,925
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $51,000$51,000
VIII-12 Total revenueRelated to mission $0 · Unrelated business $51,000 · Excluded from tax $0$427,925
Part IX · Statement of functional expenses $474,196 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $17,008$17,008
IX-5 Pay of current officers, directors and key staffPrograms $178,500 · Management $21,000 · Fundraising $10,500$210,000
IX-10 Payroll taxesPrograms $10,358 · Management $1,219 · Fundraising $609$12,186
IX-11b Legal feesManagement $2,482$2,482
IX-11c Accounting feesManagement $11,688$11,688
IX-11g Other fees for servicesPrograms $174,937$174,937
IX-13 Office expensesPrograms $2,464 · Management $7,899$10,363
IX-14 Information technologyPrograms $18,706 · Management $673$19,379
IX-17 TravelPrograms $619 · Management $71$690
IX-19 Conferences, conventions and meetingsPrograms $737 · Fundraising $803$1,540
IX-23 InsuranceManagement $56$56
IX-24 Other expenses (24a–d)Programs $13,867$13,867
IX-25 Total functional expensesPrograms $417,196 · Management $45,088 · Fundraising $11,912$474,196
Part X · Balance sheet $11,880 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $57,632$11,880
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $57,632$11,880
X-17 Accounts payable and accrued expensesStart of year $71$590
X-26 Total liabilitiesStart of year $71$590
X-27 Net assets without donor restrictionsStart of year $57,561$11,290
X-32 Total net assets or fund balancesStart of year $57,561$11,290
X-33 Total liabilities and net assetsStart of year $57,632$11,880
Part XI · Reconciliation of net assets $11,290 net assets at year end
XI-1 Total revenue$427,925
XI-2 Total expenses$474,196
XI-3 Revenue less expenses−$46,271
XI-4 Net assets at start of year$57,561
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$11,290

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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