Civic Intelligence

The Hord Foundation Inc.

990 • Fiscal year 2019 • EIN 06-1359296

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 24, 2020

P O Box 4671Danbury, CT 06813

(646) 924-8349

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

10th percentile

-37%

Higher net margin than 10% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

9th percentile

-50%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

23rd percentile

-21%

Faster revenue growth than 23% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$94,124

Down $92,880 (-50%) from 2018

Net Assets

Down

$94,124

Down $92,880 (-50%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$253,287

Down $66,312 (-21%) from 2018

Expenses

Up

$346,167

Up $97,636 (+39%) from 2018

Net Income

Down

-$92,880

Down $163,948 (-231%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $11,990Liabilities 2011: $0Net Assets 2011: $11,9902011Assets 2012: $19,930Liabilities 2012: $0Net Assets 2012: $19,9302012Assets 2013: $34,943Liabilities 2013: $0Net Assets 2013: $34,9432013Assets 2014: $55,369Liabilities 2014: $0Net Assets 2014: $55,3692014Assets 2015: $26,966Liabilities 2015: $0Net Assets 2015: $26,9662015Assets 2016: $21,535Liabilities 2016: $0Net Assets 2016: $21,5352016Assets 2017: $115,936Liabilities 2017: $0Net Assets 2017: $115,9362017Assets 2018: $187,004Liabilities 2018: $0Net Assets 2018: $187,0042018Assets 2019: $94,124Liabilities 2019: $0Net Assets 2019: $94,1242019Assets 2020: $87,807Liabilities 2020: $0Net Assets 2020: $87,8072020Assets 2021: $40,528Liabilities 2021: $0Net Assets 2021: $40,5282021Assets 2022: $34,585Liabilities 2022: $0Net Assets 2022: $34,5852022Assets 2023: $17,483Liabilities 2023: $0Net Assets 2023: $17,4832023Assets 2024: $21,139Liabilities 2024: $0Net Assets 2024: $21,1392024Assets 2025: $20,948Liabilities 2025: $1,506Net Assets 2025: $19,4422025

Highlighted filing

2019

Assets$94,124
Liabilities$0
Net Assets$94,124

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $241,221Expenses 2011: $255,697Net Income 2011: -$14,4762011Revenue 2012: $248,638Expenses 2012: $240,698Net Income 2012: $7,9402012Revenue 2013: $213,231Expenses 2013: $212,050Net Income 2013: $1,1812013Revenue 2014: $245,421Expenses 2014: $224,995Net Income 2014: $20,4262014Revenue 2015: $188,815Expenses 2015: $217,218Net Income 2015: -$28,4032015Revenue 2016: $211,182Expenses 2016: $216,613Net Income 2016: -$5,4312016Revenue 2017: $301,392Expenses 2017: $206,991Net Income 2017: $94,4012017Revenue 2018: $319,599Expenses 2018: $248,531Net Income 2018: $71,0682018Revenue 2019: $253,287Expenses 2019: $346,167Net Income 2019: -$92,8802019Revenue 2020: $192,181Expenses 2020: $198,498Net Income 2020: -$6,3172020Revenue 2021: $168,389Expenses 2021: $215,668Net Income 2021: -$47,2792021Revenue 2022: $126,868Expenses 2022: $132,811Net Income 2022: -$5,9432022Revenue 2023: $91,238Expenses 2023: $108,340Net Income 2023: -$17,1022023Revenue 2024: $126,102Expenses 2024: $122,446Net Income 2024: $3,6562024Revenue 2025: $99,790Expenses 2025: $101,487Net Income 2025: -$1,6972025

Highlighted filing

2019

Revenue$253,287
Expenses$346,167
Net Income-$92,880
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 24, 2020
Return Version
2018v3.1
Gross Receipts
$322,543
Mission and Program Overview

Mission

Provide college scholarships

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$187,004$93,124▼ $93,880
Prepaid Expenses and Deferred Charges-$1,000-
Total Assets$187,004$94,124▼ $92,880
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$187,004$94,124▼ $92,880
Total Net Assets Fund Balance$187,004$94,124▼ $92,880
Total Liabilities and Net Assets / Fund Balance$187,004$94,124▼ $92,880
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jerry WaltonChairman
Bernard McFaddenVice-Chairman
Kelly MeroSecretary
Andrea GrantTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$124,460
Program Service Revenue
$0
Investment Income
$24
Other Revenue
$128,803
All Other Contributions
$124,460
Change in Net Assets
$-92,880

Audited Revenue Reconciliation

Revenue per Audited Statements
$253,287
Total Revenue per Audited Statements
$253,287
Total Revenue per Form 990
$253,287
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,167
Grants and Similar Amounts Paid$154,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$154,000--$154,000
Fees for Services Other$33,659$3,739-$37,398
All Other Expenses$8,414$934-$9,348
Fees for Services Accounting$2,214$246-$2,460
Occupancy$1,166$130-$1,296
Insurance-$808-$808
Other Expenses$101$11-$112
Office Expenses$67$7-$74
Total Functional Expenses$339,806$6,361$0$346,167

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$346,167
Total Expenses per Audited Statements$346,167
Total Expenses per Form 990$346,167
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$198,059
Fundraising Direct Expenses$69,256
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$186,520$186,520$69,256$117,264
Total Events$186,520$186,520$69,256$117,264
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
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 governing body review Part VI line 11

Return is reviewed by treasurer before filing

Governing documents etc available to public Part VI line 19

Information available during business hours

Filing and Contact Details

Filer

Filer Name
Hord Foundation Inc
EIN
06-1359296
Address
P O Box 4671, Danbury, CT 06813

Signing Officer

Name
Johnny Barnes Trustee
Title
Trustee
Phone
2037782526
Signed
2020-01-24
Discuss with paid preparer
No

Organization Details

Formed
1998
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
38

Preparer

Firm
Innovative Tax & Accounting Group
Address
246 Federal Road-Suite D-24, Brookfield, CT 06804
Preparer
Pete Badas
Phone
2037750605
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Consultant Expenses

List of other expenses Part IX line 24E

Website Expense and Supplies

Raw XML Appendix345 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/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt038
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0187004
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt094124
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0187004
IRS990/UnrestrictedNetAssetsGrp/EOYAmt094124
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Johnny Barnes Trustee
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum02037782526
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Hord Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0HORD
ReturnHeader/Filer/EIN0061359296
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 4671
ReturnHeader/Filer/USAddress/CityNm0Danbury
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006813
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId008B414620F21F82266DDF920F90043B62ADCFBBB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId008B414620F21F82266DDF920F90043B62ADCFBBB
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId0065720202002701134eq
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-01-27
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.240.128.78
ReturnHeader/FilingSecurityInformation/IPDt02020-01-27
ReturnHeader/FilingSecurityInformation/IPTm011:07:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810779600
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Innovative Tax & Accounting Group
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0246 Federal Road-Suite D-24
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brookfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006804
ReturnHeader/PreparerPersonGrp/PhoneNum02037750605
ReturnHeader/PreparerPersonGrp/PreparationDt02020-01-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Pete Badas
ReturnHeader/ReturnTs02020-01-27T11:03:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.02$0.19$1.00$1.01$0.02
2024Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$1.26$1.22$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.91$1.08$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.00$0.35$1.27$1.33$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$1.68$2.16$0.47
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.00$0.88$1.92$1.98$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$2.53$3.46$0.93
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.87$0.00$1.87$3.20$2.49$0.71
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$3.01$2.07$0.94
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.00$0.22$2.11$2.17$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$1.89$2.17$0.28
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$2.45$2.25$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.00$0.35$2.13$2.12$0.01
2012Summary only. Only limited summary data is available for this year.$0.20$0.00$0.20$2.49$2.41$0.08
2011Summary only. Only limited summary data is available for this year.$0.12$0.00$0.12$2.41$2.56$0.14
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits