Civic Intelligence

Geer Foundation Inc

990EZ • Fiscal year 2018 • EIN 06-1230842

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 15, 2019

99 South Canaan RoadCanaan, CT 06018

(860) 824-5137

Siviq Scores

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

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

86th percentile

0.15x

Higher debt load relative to revenue than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

16th percentile

-20%

Higher net margin than 16% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

Down

$45,166

Down $42,779 (-49%) from 2014

Net Assets

Down

$40,080

Down $38,533 (-49%) from 2014

Liabilities

Down

$5,086

Down $4,246 (-45%) from 2014

Revenue

Up

$32,867

Up $30,010 (+1050%) from 2014

Expenses

Up

$39,401

Up $37,418 (+1887%) from 2014

Net Income

Down

-$6,534

Down $7,408 (-848%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $113,842Liabilities 2010: $35,018Net Assets 2010: $78,8242010Assets 2011: $289,423Liabilities 2011: $9,396Net Assets 2011: $280,0272011Assets 2012: $134,340Liabilities 2012: $9,332Net Assets 2012: $125,0082012Assets 2013: $85,751Liabilities 2013: $9,332Net Assets 2013: $76,4192013Assets 2014: $87,945Liabilities 2014: $9,332Net Assets 2014: $78,6132014Assets 2018: $45,166Liabilities 2018: $5,086Net Assets 2018: $40,0802018Assets 2019: $53,366Liabilities 2019: $0Net Assets 2019: $53,3662019Assets 2020: $82,142Liabilities 2020: $2,750Net Assets 2020: $79,3922020Assets 2021: $140,892Liabilities 2021: $0Net Assets 2021: $140,8922021Assets 2022: $170,479Liabilities 2022: $2,575Net Assets 2022: $167,9042022Assets 2023: $181,885Liabilities 2023: $50Net Assets 2023: $181,8352023Assets 2024: $184,801Liabilities 2024: $3,693Net Assets 2024: $181,1082024

Highlighted filing

2018

Assets$45,166
Liabilities$5,086
Net Assets$40,080

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $121,046Expenses 2010: $41,122Net Income 2010: $79,9242010Revenue 2011: $251,802Expenses 2011: $50,893Net Income 2011: $200,9092011Expenses 2012: $167,4052012Revenue 2013: $1,782Expenses 2013: $50,781Net Income 2013: -$48,9992013Revenue 2014: $2,857Expenses 2014: $1,983Net Income 2014: $8742014Revenue 2018: $32,867Expenses 2018: $39,401Net Income 2018: -$6,5342018Revenue 2019: $50,668Expenses 2019: $37,382Net Income 2019: $13,2862019Revenue 2020: $59,455Expenses 2020: $33,429Net Income 2020: $26,0262020Revenue 2021: $81,684Expenses 2021: $20,169Net Income 2021: $61,5152021Revenue 2022: $50,091Expenses 2022: $23,079Net Income 2022: $27,0122022Revenue 2023: $33,518Expenses 2023: $19,587Net Income 2023: $13,9312023Revenue 2024: $9,433Expenses 2024: $10,160Net Income 2024: -$7272024

Highlighted filing

2018

Revenue$32,867
Expenses$39,401
Net Income-$6,534
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 15, 2019
Return Version
2017v2.2
Gross Receipts
$32,867
Mission and Program Overview

Mission

Fundraising for related organizations

Fundraising for related organizations.

Program Services

DescriptionGrantsExpenses
Provide fund raising to affiliated organizations.$34,054$6,808
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark E Kovitch CPACFO-$0--
Russell RivaChairman-$0--
Dennis Kobylarz MDDirector-$0--
Mary MonnierDirector-$0--
Robert SegallaDirector-$0--
Michael SchoppDirector-$0--
David SoperDirector-$0--
Lance LeifertDirector-$0--
Maureen McCarthyDirector-$0--
James SokDirector-$0--
Jesse Cohen MDDirector-$0--
Robert CiminiTreasurer-$0--
Brooke FehnSecretary-$0--
Anastacia NicholasExecutive DirectorPT$0--
Kevin O'ConnellCEO-$0--
Filing and Contact Details

Filer

Filer Name
Geer Foundation Inc
EIN
06-1230842
Phone
8608245137
Address
99 South Canaan Road, Canaan, CT 06018

Signing Officer

Name
Mark E Kovitch CPA
Title
CFO
Signed
2019-08-15
Discuss with paid preparer
Yes

Preparer

Firm
Maletta & Company
Address
43 Enterprise Drive, Bristol, CT 06010-7457
Preparer
Michael a Maletta CPA
Phone
8605826715
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: Various Small Gifts | Cash Amount Given: $6808 | Date of Gift: -20180930

Other Expenses.1002

Office Expenses $2137

Other Expenses.1003

Information Technology $2754

Other Expenses.1

food costs $636

Other Assets.1005

Accounts Receivable - Beginning $2507 Accounts Receivable - Ending $1549

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $3600 Accounts Payable and Accrued Expenses - Ending $5086

Raw XML Appendix197 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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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Various Small Gifts | Cash Amount Given: $6808 | Date of Gift: -20180930
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $2754
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Payable and Accrued Expenses - Beginning $3600 Accounts Payable and Accrued Expenses - Ending $5086
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mark E Kovitch CPA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Geer Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0GEER
ReturnHeader/Filer/EIN0061230842
ReturnHeader/Filer/PhoneNum08608245137
ReturnHeader/Filer/USAddress/AddressLine1Txt099 South Canaan Road
ReturnHeader/Filer/USAddress/CityNm0Canaan
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006018
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061209905
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Maletta & Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt043 Enterprise Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bristol
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0060107457
ReturnHeader/PreparerPersonGrp/PhoneNum08605826715
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A MALETTA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-08-15T08:39:31-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-10-01
ReturnHeader/TaxPeriodEndDt02018-09-30
ReturnHeader/TaxYr02017

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Filings