Field Ready INC FY2021 filing

Tax-deductible

Evanston, IL501(c)(3)Public & Societal BenefitEIN 61-1725201Revenue $3.0M in FY2021

On file with the IRSfieldready.org922 Davis Street, 60201-3605 · Evanston, ILTax-exempt since Aug 2014Publicly supported charity — 170(b)(1)(A)(vi)

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To transform the way that needs are met in disaster relief and recovery by providing assistance through technology, innovative design and engaging people in new ways. The impact of this will be dramatically improving efficiency in aid delivery by meeting needs that are at best only partially fulfilled at present by cutting procurement costs and reducing transportation.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$76K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $77K a year · 4% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 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
$76K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$944K
106% of total assets
Concern: liabilities are 106% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 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
$3.0M
+27% vs prior year
Spent
$3.0M
To programs
88%
Net assets
−$52K
By yearFY2020–FY2024
Revenue
$3.0M
FY2021▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.4M
FY2021$3.0M
FY2022$2.3M
FY2023$1.1M
FY2024$1.2M
Expenses
$3.0M
FY2021▲ +38%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$3.0M
FY2022$2.4M
FY2023$942K
FY2024$1.1M
Net assets
−$52K
FY2021▼ -116%
Tap a bar for its year
Net assets by fiscal year
FY2020$334K
FY2021−$52K
FY2022$142K
FY2023$205K
FY2024$300K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2014.

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% · $2.6M Management & general 8% · $235K Fundraising 4% · $129K

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; $76K paid to officers and key staff.

Part VII, Section A · reportable compensation
Pres/ Exec Dir
$76,070Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Eric James’s $76K as President Executive Director is at the 13th percentile of top reported officer pay among 732 $1–10M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2022FY2021FY2020
Eric James$76,070$76,070$96,000

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 15aNo

Programs and updates

Improves disaster relief efficiency by using technology and innovative design to deliver aid.

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Provided by the organization

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1 program · $2.6M · in their own filed words · FY2021
01

Disaster relief and recovery by providing assistance through technology, innovative design and engaging people in new ways.

$2.6Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.0M
Ln 12
Gifts and grantsLn 1h$3.0M
Other incomeLn 4–11$44K
Investment incomeLn 3$30
Money outPt IX
$3.0M
Ln 25
Programscol B$2.6M
Managementcol C$235K
Fundraisingcol D$129K
Owns and owesPt X
−$52K
net assets · Ln 32
Cash and savingsLn 1–2$521K
Total assetsLn 16$892K
LiabilitiesLn 26$944K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Government grantsLn 1e$200K
Investment incomeLn 3$30
Other incomeLn 4–11$44K
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
CashLn 1$110K
SavingsLn 2$411K
Cash and savings togetherLn 1–2$521K
Land, buildings, equipmentLn 10c$136K
Other assetsLn 15$204K
Total assetsLn 16$892K
LiabilitiesLn 26$944K
Net assetsLn 32−$52K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
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 FY21End FY21
Cash and savingsLn 1–2$1.0M$521K
Land, buildings, equipmentLn 10c$69K$136K
Total assetsLn 16$1.5M$892K
LiabilitiesLn 26$1.1M$944K
Net assetsLn 32$334K−$52K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$76K$24K$26K$26K
Legal feesLn 11b$12K$12K
Accounting feesLn 11c$31K$4K$27K
Other fees for servicesLn 11g$2.0M$1.8M$103K$86K
Advertising and promotionLn 12$5K$3K$2K
Office expensesLn 13$38K$37K$468
Information technologyLn 14$9K$5K$4K
OccupancyLn 16$159K$156K$3K
TravelLn 17$169K$143K$26K
Conferences, conventions and meetingsLn 19$6K$3K$3K
InsuranceLn 23$36K$12K$12K$12K
Other expenses (24a–d)Ln 24$460K$439K$21K
All other expensesLn 24e$271$18$253
Total functional expensesLn 25$3.0M$2.6M$235K$129K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.2M$1.1M$93K$300K 990 PDF
FY2023 $1.1M$942K$145K$205K 990 PDF
FY2022 $2.3M$2.4M−$151K$142K 990 PDF
FY2021 Viewing $3.0M$3.0M$69K−$52K 990 PDF
FY2020 $2.4M$2.2M$229K$334K 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 FY2021 990 (6 parts)
Part I · Summary $3,039,732 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,359,886$2,995,292
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $29$30
I-11 Other revenuePrior year $28,551$44,410
I-12 Total revenuePrior year $2,388,466$3,039,732
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $94,800$76,070
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,064,908$2,894,726
I-18 Total expensesPrior year $2,159,708$2,970,796
I-19 Revenue less expensesPrior year $228,758$68,936
Part VI · Governance 4 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $3,039,732 across 6 lines filed
VIII-1e Government grants$200,207
VIII-1f All other contributions, gifts and grants$2,795,085
VIII-1h Total contributions, gifts and grants$2,995,292
VIII-3 Investment incomeExcluded from tax $30$30
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $44,410$44,410
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $44,440$3,039,732
Part IX · Statement of functional expenses $2,970,796 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $24,342 · Management $25,864 · Fundraising $25,864$76,070
IX-11b Legal feesManagement $12,085$12,085
IX-11c Accounting feesPrograms $3,950 · Management $26,783$30,733
IX-11g Other fees for servicesPrograms $1,780,420 · Management $102,803 · Fundraising $85,707$1,968,930
IX-12 Advertising and promotionPrograms $2,775 · Fundraising $1,987$4,762
IX-13 Office expensesPrograms $37,441 · Management $468$37,909
IX-14 Information technologyPrograms $4,960 · Management $4,443$9,403
IX-16 OccupancyPrograms $156,376 · Management $2,860$159,236
IX-17 TravelPrograms $142,541 · Management $26,352$168,893
IX-19 Conferences, conventions and meetingsPrograms $3,153 · Fundraising $3,153$6,306
IX-23 InsurancePrograms $12,054 · Management $12,054 · Fundraising $12,054$36,162
IX-24 Other expenses (24a–d)Programs $439,351 · Management $20,685$460,036
IX-24e All other expensesPrograms $18 · Management $253$271
IX-25 Total functional expensesPrograms $2,607,381 · Management $234,650 · Fundraising $128,765$2,970,796
Part X · Balance sheet $891,610 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $131,432$109,983
X-2 Savings and temporary cash investmentsStart of year $885,630$411,209
X-4 Accounts receivable$30,623
X-10c Land, buildings and equipment, netStart of year $68,520$135,616
X-15 Other assetsStart of year $98,755$204,179
X-16 Total assetsStart of year $1,459,639$891,610
X-17 Accounts payable and accrued expensesStart of year $461,523$454,734
X-19 Deferred revenueStart of year $664,263$37,651
X-25 Other liabilitiesStart of year $0$451,196
X-26 Total liabilitiesStart of year $1,125,786$943,581
X-27 Net assets without donor restrictionsStart of year $297,696−$88,128
X-28 Net assets with donor restrictionsStart of year $36,157$36,157
X-32 Total net assets or fund balancesStart of year $333,853−$51,971
X-33 Total liabilities and net assetsStart of year $1,459,639$891,610
Part XI · Reconciliation of net assets −$51,971 net assets at year end
XI-1 Total revenue$3,039,732
XI-2 Total expenses$2,970,796
XI-3 Revenue less expenses$68,936
XI-4 Net assets at start of year$333,853
XI-9 Other changes in net assets−$454,760
XI-10 Net assets at end of year−$51,971

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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