Civic Intelligence

The Wrexham Foundation Inc

990 • Fiscal year 2023 • EIN 06-0769957

Sep 01, 2022 to Aug 31, 2023 • Filed on Jun 18, 2024

Box 1913 Yale StationNew Haven, CT 06520

(203) 432-2967

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

86th percentile

39%

Higher net margin than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

67th percentile

12%

Faster asset growth than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

35th percentile

-1.9%

Faster revenue growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,070,756

Up $226,701 (+12%) from 2022

Net Assets

Up

$2,070,756

Up $226,701 (+12%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$317,621

Down $6,125 (-1.9%) from 2022

Expenses

Down

$194,880

Down $7,592 (-3.7%) from 2022

Net Income

Up

$122,741

Up $1,467 (+1.2%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $922,666Liabilities 2011: $0Net Assets 2011: $922,6662011Assets 2012: $953,216Liabilities 2012: $0Net Assets 2012: $953,2162012Assets 2013: $1,044,487Liabilities 2013: $0Net Assets 2013: $1,044,4872013Assets 2014: $1,136,057Liabilities 2014: $0Net Assets 2014: $1,136,0572014Assets 2015: $1,138,837Liabilities 2015: $3,874Net Assets 2015: $1,134,9632015Assets 2016: $1,159,387Liabilities 2016: $0Net Assets 2016: $1,159,3872016Assets 2017: $1,265,760Liabilities 2017: $0Net Assets 2017: $1,265,7602017Assets 2018: $1,577,795Liabilities 2018: $0Net Assets 2018: $1,577,7952018Assets 2019: $1,533,026Liabilities 2019: $0Net Assets 2019: $1,533,0262019Assets 2020: $1,822,245Liabilities 2020: $0Net Assets 2020: $1,822,2452020Assets 2021: $2,183,753Liabilities 2021: $0Net Assets 2021: $2,183,7532021Assets 2022: $1,844,055Liabilities 2022: $0Net Assets 2022: $1,844,0552022Assets 2023: $2,070,756Liabilities 2023: $0Net Assets 2023: $2,070,7562023Assets 2024: $2,863,958Liabilities 2024: $0Net Assets 2024: $2,863,9582024

Highlighted filing

2023

Assets$2,070,756
Liabilities$0
Net Assets$2,070,756

Operations Trend

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

$1.0M$500K$0Revenue 2011: $181,989Expenses 2011: $133,324Net Income 2011: $48,6652011Expenses 2012: $193,5182012Revenue 2013: $172,200Expenses 2013: $140,595Net Income 2013: $31,6052013Revenue 2014: $166,126Expenses 2014: $163,672Net Income 2014: $2,4542014Revenue 2015: $206,644Expenses 2015: $144,320Net Income 2015: $62,3242015Revenue 2016: $176,429Expenses 2016: $164,186Net Income 2016: $12,2432016Revenue 2017: $204,684Expenses 2017: $165,153Net Income 2017: $39,5312017Revenue 2018: $472,761Expenses 2018: $158,130Net Income 2018: $314,6312018Revenue 2019: $231,569Expenses 2019: $183,211Net Income 2019: $48,3582019Revenue 2020: $430,466Expenses 2020: $181,203Net Income 2020: $249,2632020Revenue 2021: $238,469Expenses 2021: $177,504Net Income 2021: $60,9652021Revenue 2022: $323,746Expenses 2022: $202,472Net Income 2022: $121,2742022Revenue 2023: $317,621Expenses 2023: $194,880Net Income 2023: $122,7412023Revenue 2024: $918,308Expenses 2024: $205,347Net Income 2024: $712,9612024

Highlighted filing

2023

Revenue$317,621
Expenses$194,880
Net Income$122,741
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jun 18, 2024
Return Version
2022v5.0
Gross Receipts
$1,442,131
Mission and Program Overview

Mission

Promoting creative and artistic expression among university students

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,411,239$1,656,933▲ $245,694
Land, Buildings, and Equipment, Net$392,258$365,313▼ $26,945
Cash and Non-Interest-Bearing Accounts$14,308$18,452▲ $4,144
Savings and Temporary Cash Investments$12,100$15,908▲ $3,808
Investments Program Related$8,150$8,150→ $0
Total Assets$1,844,055$2,070,756▲ $226,701
Other Assets Total$6,000$6,000→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,497,372$1,595,029▲ $97,657
Net Assets With Donor Restrictions$346,683$475,727▲ $129,044
Total Net Assets Fund Balance$1,844,055$2,070,756▲ $226,701
Total Liabilities and Net Assets / Fund Balance$1,844,055$2,070,756▲ $226,701

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$352,657$328,880$681,537
Equipment$6,625$76,675$83,300
Other Land Buildings$1,031$7,250$8,281
Land$5,000-$5,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew BrimmerChairman
Charles CorcoranPresident
Gary HallerHonorary Trustee
Thomas WallaceHonorary Trustee
Basie GitlinTrustee
Chika OgbejesiTrustee
Chris BishopTrustee
Chris LoprestiTrustee
Douglas CrowleyTrustee
Frank SnowdenTrustee
Haley Mitchell AdamsTrustee
J Weili ChengTrustee
Linn MehtaTrustee
Lorraine SigginsTrustee
Nicolas NiarchosTrustee
Sam PrattTrustee
Tori RyszTrustee
Thomas WillifordFinance/accounting
Kenneth MahoneyHouse Manager
Lindsay ElliottSecretary
Burton AlterVP for the House
Revenue and Support

Revenue Composition

Contributions and Grants
$275,179
Program Service Revenue
$4,650
Investment Income
$37,792
Other Revenue
$0
All Other Contributions
$273,579
Change in Net Assets
$122,741

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$194,880
Total Fundraising Expense$900
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$55,322--$55,322
Conferences and Meetings$48,111--$48,111
Depreciation Depletion$26,945--$26,945
Fees for Services Management$20,810--$20,810
Fees for Services Accounting-$11,175-$11,175
Fees for Service Investment Mgmnt Fees-$10,564-$10,564
Insurance$6,885--$6,885
Office Expenses-$3,694$600$4,294
All Other Expenses$2,102$1,360$300$3,762
Other Expenses$1,352--$1,352
Total Functional Expenses$167,187$26,793$900$194,880
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Members of the organization elect the governing body

Form 990, Part VI, Section B, Line 11B

The organization relies on the professional expertise of the cpa preparing the 990

Form 990, Part VI, Section C, Line 19

There has not been a request in the past for such documents. Should a request be made, it would be brought before the governing body for discussion.

Filing and Contact Details

Filer

Filer Name
The Wrexham Foundation Inc
EIN
06-0769957
Phone
2034322967
Address
BOX 1913 YALE STATION, NEW HAVEN, CT 06520

Signing Officer

Name
Andrew Brimmer
Title
Chairman
Phone
2034322967
Signed
2024-06-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Brimmer
Formed
1955
Legal Domicile
Ct
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
0

Preparer

Firm
Teplitzky & Company Pc
Address
ONE BRADLEY ROAD BUILDING 600, WOODBRIDGE, CT 06525
Preparer
John E Anastasio
Phone
2033870852
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The books are maintained on the modified cash basis of accounting.

Raw XML AppendixShowing 400 of 492 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
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IRS990/InsuranceGrp/TotalAmt06885
IRS990/InvestmentIncomeGrp/ExclusionAmt036317
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt036317
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt08150
IRS990/InvestmentsProgramRelatedGrp/EOYAmt08150
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01411239
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01656933
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0412805
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0392258
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0365313
IRS990/LandBldgEquipCostOrOtherBssAmt0778118
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01124510
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt01600
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTING CREATIVE AND ARTISTIC EXPRESSION AMONG UNIVERSITY STUDENTS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01844055
IRS990/NetAssetsOrFundBalancesEOYAmt02070756
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01475
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01475
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0103960
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01497372
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01595029
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt055322
IRS990/OccupancyGrp/TotalAmt055322
IRS990/OfficeExpensesGrp/FundraisingAmt0600
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03694
IRS990/OfficeExpensesGrp/TotalAmt04294
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06000
IRS990/OtherAssetsTotalGrp/EOYAmt06000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CABLE/INTERNET/WEBSITE
IRS990/OtherExpensesGrp/Desc1PRIZES
IRS990/OtherExpensesGrp/Desc2ALARM
IRS990/OtherExpensesGrp/Desc3PRESIDENT'S FUND
IRS990/OtherExpensesGrp/ProgramServicesAmt02264
IRS990/OtherExpensesGrp/ProgramServicesAmt11800
IRS990/OtherExpensesGrp/ProgramServicesAmt21596
IRS990/OtherExpensesGrp/ProgramServicesAmt31352
IRS990/OtherExpensesGrp/TotalAmt02264
IRS990/OtherExpensesGrp/TotalAmt11800
IRS990/OtherExpensesGrp/TotalAmt21596
IRS990/OtherExpensesGrp/TotalAmt31352
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANDREW BRIMMER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEAL CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04650
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0160312
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0161604
IRS990/PYOtherExpensesAmt0202472
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01830
IRS990/PYRevenuesLessExpensesAmt0121274
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0202472
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0323746
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0122741
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04650
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012100
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0275179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0160312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0172065
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0361726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0143344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01112626
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt036317
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt037308
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014416
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016397
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016386
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0120824
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04650
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04650
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89870
IRS990ScheduleA/PublicSupportPY170Pct00.92790
IRS990ScheduleA/PublicSupportTotal170Amt01112626
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0275179
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0160312
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0172065
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0361726
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0143344
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01112626
IRS990ScheduleA/TotalSupportAmt01238100
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt08150
IRS990ScheduleD/BuildingsGrp/BookValueAmt0352657
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0328880
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0681537
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt06625
IRS990ScheduleD/EquipmentGrp/DepreciationAmt076675
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt083300
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01031
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07250
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08281
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0365313
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0BERNSTEIN GLOBAL WEALTH MANAGEMENT, NEW YORK, NY
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 32B:
IRS990ScheduleM/ThirdPartiesUsedInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE ORGANIZATION ELECT THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RELIES ON THE PROFESSIONAL EXPERTISE OF THE CPA PREPARING THE 990

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$0.92$0.21$0.71
2023Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$0.32$0.19$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$0.32$0.20$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.00$2.18$0.24$0.18$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$0.43$0.18$0.25
2019Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.23$0.18$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.47$0.16$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.20$0.17$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.18$0.16$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.13$0.21$0.14$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.17$0.16$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.00$1.04$0.17$0.14$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.00$0.95$0.19
2011Summary only. Only limited summary data is available for this year.$0.92$0.00$0.92$0.18$0.13$0.05