Civic Intelligence

Burger King Mclamore Foundation

990 • Fiscal year 2017 • EIN 06-1765327

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 12, 2018

5505 Blue Lagoon DriveMiami, FL 33126

(305) 378-3186

Siviq Scores

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

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

13th percentile

0.03x

Higher debt load relative to revenue than 13% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

27th percentile

$114,409

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$24,051,931

Up $3,309,468 (+16%) from 2016

Net Assets

Up

$23,859,557

Up $3,332,867 (+16%) from 2016

Liabilities

Down

$192,374

Down $23,399 (-11%) from 2016

Revenue

Up

$6,344,572

Up $594,791 (+10%) from 2016

Expenses

Up

$5,096,587

Up $351,299 (+7.4%) from 2016

Net Income

Up

$1,247,985

Up $243,492 (+24%) from 2016

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $13,703,775Liabilities 2011: $404,395Net Assets 2011: $13,299,3802011Assets 2012: $16,207,101Liabilities 2012: $585,004Net Assets 2012: $15,622,0972012Assets 2013: $18,034,839Liabilities 2013: $263,047Net Assets 2013: $17,771,7922013Assets 2014: $18,758,414Liabilities 2014: $148,720Net Assets 2014: $18,609,6942014Assets 2015: $18,992,993Liabilities 2015: $136,091Net Assets 2015: $18,856,9022015Assets 2016: $20,742,463Liabilities 2016: $215,773Net Assets 2016: $20,526,6902016Assets 2017: $24,051,931Liabilities 2017: $192,374Net Assets 2017: $23,859,5572017Assets 2018: $22,039,871Liabilities 2018: $199,624Net Assets 2018: $21,840,2472018Assets 2019: $27,867,741Liabilities 2019: $159,738Net Assets 2019: $27,708,0032019Assets 2020: $31,735,393Liabilities 2020: $332,560Net Assets 2020: $31,402,8332020Assets 2021: $34,345,730Liabilities 2021: $406,412Net Assets 2021: $33,939,3182021Assets 2022: $30,024,989Liabilities 2022: $748,990Net Assets 2022: $29,275,9992022Assets 2023: $35,279,413Liabilities 2023: $935,067Net Assets 2023: $34,344,3462023Assets 2024: $36,465,659Liabilities 2024: $340,813Net Assets 2024: $36,124,8462024

Highlighted filing

2017

Assets$24,051,931
Liabilities$192,374
Net Assets$23,859,557

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $5,092,161Expenses 2011: $2,275,922Net Income 2011: $2,816,2392011Revenue 2012: $5,862,157Expenses 2012: $3,438,671Net Income 2012: $2,423,4862012Revenue 2013: $5,364,103Expenses 2013: $3,142,032Net Income 2013: $2,222,0712013Revenue 2014: $4,355,325Expenses 2014: $3,759,156Net Income 2014: $596,1692014Revenue 2015: $5,159,164Expenses 2015: $4,152,586Net Income 2015: $1,006,5782015Revenue 2016: $5,749,781Expenses 2016: $4,745,288Net Income 2016: $1,004,4932016Revenue 2017: $6,344,572Expenses 2017: $5,096,587Net Income 2017: $1,247,9852017Revenue 2018: $6,351,416Expenses 2018: $5,511,537Net Income 2018: $839,8792018Revenue 2019: $7,743,086Expenses 2019: $5,372,507Net Income 2019: $2,370,5792019Revenue 2020: $7,238,168Expenses 2020: $6,550,571Net Income 2020: $687,5972020Revenue 2021: $7,130,405Expenses 2021: $6,267,191Net Income 2021: $863,2142021Revenue 2022: $6,654,359Expenses 2022: $6,834,539Net Income 2022: -$180,1802022Revenue 2023: $8,697,639Expenses 2023: $6,464,312Net Income 2023: $2,233,3272023Revenue 2024: $9,430,893Expenses 2024: $9,453,739Net Income 2024: -$22,8462024

Highlighted filing

2017

Revenue$6,344,572
Expenses$5,096,587
Net Income$1,247,985
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 12, 2018
Return Version
2017v2.3
Gross Receipts
$6,867,117
Mission and Program Overview

Mission

To create brighter futures by empowering individuals and feeding potential through education and emergency relief.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,271,269$18,376,019▲ $104,750
Cash and Non-Interest-Bearing Accounts$1,819,459$4,109,476▲ $2,290,017
Accounts Receivable$633,210$1,558,854▲ $925,644
Prepaid Expenses and Deferred Charges$18,525$7,582▼ $10,943
Total Assets$20,742,463$24,051,931▲ $3,309,468
Liabilities
Accounts Payable and Accrued Expenses$215,773$192,374▼ $23,399
Total Liabilities$215,773$192,374▼ $23,399
Net Assets / Fund Balance
Unrestricted Net Assets$10,398,640$12,453,755▲ $2,055,115
Temporarily Rstr Net Assets$5,728,635$7,006,387▲ $1,277,752
Permanently Rstr Net Assets$4,399,415$4,399,415→ $0
Total Net Assets Fund Balance$20,526,690$23,859,557▲ $3,332,867
Total Liabilities and Net Assets / Fund Balance$20,742,463$24,051,931▲ $3,309,468

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$38,592$38,592

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$14,790,735$653,802▲ $2,022,074$-288,877$17,177,734
2016$13,052,013$1,236,779▲ $745,470$-243,527$14,790,735
2015$13,193,651$416,434▼ $341,868$-177,241$13,052,013
2014$12,397,947$503,791▲ $500,361$-191,015$13,193,651
2013$10,246,510$1,137,829▲ $1,180,150$-166,542$12,397,947
Compensation and Service Providers

Employees

NameTitleOtherTotal
Amanda IsraelExe. Director$114,409$114,409

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$5,089,800
Program Service Revenue
$0
Investment Income
$411,996
Other Revenue
$842,776
All Other Contributions
$1,531,892
Change in Net Assets
$1,247,985

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table4$300,000Fair Market Value (FMV)
Other Non Cash Contri Table10$101,518Fair Market Value (FMV)
Other Non Cash Contri Table5$32,800Fair Market Value (FMV)
Other Non Cash Contri Table16$10,380Fair Market Value (FMV)
Total Noncash Contributions35$444,698-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,344,572
Revenue Not Reported on Form 990
$2,782,450
Total Revenue per Audited Statements
$9,127,022
Total Revenue per Form 990
$6,344,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,050,267
Other Expenses$890,842
Total Fundraising Expense$238,032
Salaries, Compensation, and Employee Benefits$155,478
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,858,828--$3,858,828
Office Expenses$215,753$1,111-$216,864
Grants to Domestic Individuals$191,439--$191,439
Other Salaries and Wages$54,417$77,739$23,322$155,478
Fees for Services Other-$92,758-$92,758
Fees for Service Investment Mgmnt Fees$39,803$13,199-$53,002
Other Expenses$246,251$699$28,902$29,601
All Other Expenses$792$24,925$1,291$27,008
Advertising$6,173$17,319$2,886$26,378
Travel$15,491-$9,227$24,718
Conferences and Meetings-$1,641-$1,641
Fees for Services Legal-$217-$217
Total Functional Expenses$4,628,947$229,608$238,032$5,096,587

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,794,155
Expenses per Audited Statements$5,096,587
Total Expenses per Form 990$5,096,587
Expenses Not Reported on Form 990$697,568
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Scholarship AmericaSt Peter, MN3Scholarships$3,348,536
Room to ReadSan Francisco, CA3Education$445,292
National Restaurant Association EduWashington, DC3Scholarships$50,000
Gallaudet UniversityWashington, DC3Scholarships$15,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,365,321
Fundraising Direct Expenses$522,545
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Fundraiser$1,865,537---
Convention$1,490,692$1,169,942$34,544$1,135,398
Total Events$4,921,586$1,365,321$522,545$842,776
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
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 was submitted to the executive director, the board of directors and internal legal and financial advisors for review and comments.

Form 990, Page 6, Part VI, Line 12C

Officers, directors and management employees are required to certify annually that they are in compliance with the organization's conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

The compensation is revewed by the related entity burger king corporation. The committee approves the recommended compensation.

Form 990, Page 6, Part VI, Line 17

Minnesota, north carolina, north dakota, new hampshire, new jersey, new mexico, nevada, new york, oregon, pennsylvania, rhode island, south carolina, tennessee, utah, virginia, wisconsin, west virginia

Form 990, Page 6, Part VI, Line 19

The organization posts its documents on its website and guidestar website.

Filing and Contact Details

Filer

Filer Name
Burger King Mclamore Foundation
EIN
06-1765327
Phone
3053783186
Address
5505 BLUE LAGOON DRIVE, MIAMI, FL 33126

Signing Officer

Name
James Myers
Title
President
Phone
3053787896
Signed
2018-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Myers
Formed
2005
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
100

Preparer

Firm
Verdeja De Armas & Trujillo Llp
Address
255 ALHAMBRA CIR STE 560, CORAL GABLES, FL 33134-7417
Preparer
Pedro De Armas
Phone
3054463177
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Special events 522,545 special events -522,545

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Support the burger king scholars program and the burger king family fund as well as related programs.

Schedule D, Page 3, Part X

The organization has adopted the provisions of asc no 740, "accounting for uncertainty in income taxes" ("asc no 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statements if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 12/31/17, there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statue limitations may go back to the year ended 2014.

Schedule D, Page 4, Part XI, Line 2D

SPECIAL EVENTS 522,545

Schedule D, Page 4, Part XII, Line 2D

SPECIAL EVENTS 522,545

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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/Desc0THE BURGER KING MCLAMORE FOUNDATION'S ACCOMPLISHMENTS INCLUDE PROVIDING ACCESS TO EDUCATION TO THOUSANDS OF STUDENTS THROUGH SCHOLARSHIPS AND LITERACY PROGRAMS. BY ADMINISTERING THE FLAGSHIP BURGER KING SCHOLARS PROGRAM, THE FOUNDATION AWARDED MORE THAN 3,200 COLLEGE-BOUND STUDENTS WITH 3.5 MILLION IN SCHOLARSHIPS. GLOBALLY, THE FOUNDATION CONTINUES BRINGING LITERACY TO THE HANDS OF CHILDREN AND FAMILIES ACROSS SOUTH AFRICA, ZAMBIA, TANZANIA, CAMBODIA, INDIA, SRI LANKA, NEPAL AND THE DOMINICAN REPUBLIC BY PROVIDING LEARNING MATERIALS IN ITS FUNDED LIBRARIES, PLACES TO LEARN FOR UNDERSERVED COMMUNITIES, AND MORE. IN TIMES OF NEED, THE FOUNDATION PROVIDED FINANCIAL ASSISTANCE TO 123 BK EMPLOYEES THROUGH THE BK FAMILY FUND.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXE. DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASSISTANT SE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
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IRS990/FundraisingDirectExpensesAmt0522545
IRS990/FundraisingGrossIncomeAmt01365321
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IRS990/GoverningBodyVotingMembersCnt010
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IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt018271269
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipCostOrOtherBssAmt038592
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
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IRS990/MissionDesc0TO CREATE BRIGHTER FUTURES BY EMPOWERING INDIVIDUALS AND FEEDING POTENTIAL THROUGH EDUCATION AND EMERGENCY RELIEF.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt020526690
IRS990/NetAssetsOrFundBalancesEOYAmt023859557
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IRS990/NoncashContributionsAmt0444698
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01111
IRS990/OfficeExpensesGrp/ProgramServicesAmt0215753
IRS990/OfficeExpensesGrp/TotalAmt0216864
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIP ADMIN.
IRS990/OtherExpensesGrp/Desc1SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt0112404
IRS990/OtherExpensesGrp/FundraisingAmt160000
IRS990/OtherExpensesGrp/FundraisingAmt228902
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0699
IRS990/OtherExpensesGrp/ProgramServicesAmt0246251
IRS990/OtherExpensesGrp/TotalAmt0246251
IRS990/OtherExpensesGrp/TotalAmt1112404
IRS990/OtherExpensesGrp/TotalAmt260000
IRS990/OtherExpensesGrp/TotalAmt329601
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt023322
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt077739
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0155478
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
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IRS990/PrincipalOfficerNm0JAMES MYERS
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04658962
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IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01247985
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0395000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0360000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0364695
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0395510
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0360000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01875205
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05089800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04658962
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04039822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03497465
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt03504937
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt020790986
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0411996
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0302217
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0359192
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0381335
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0329894
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01784634
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01365321
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01217191
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01170541
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0812935
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0698543
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05264531
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0411996
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0302217
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0359192
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0381335
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0329894
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01784634
IRS990ScheduleA/InvestmentIncomeCYPct00.06000
IRS990ScheduleA/InvestmentIncomePYPct00.07000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86850
IRS990ScheduleA/PublicSupportPY509Pct00.86600
IRS990ScheduleA/PublicSupportTotal509Amt024180312
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0395000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0360000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0364695
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0395510
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0360000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01875205
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06455121
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05876153
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05210363
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04310400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04203480
IRS990ScheduleA/Total509Grp/TotalAmt026055517
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06867117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt06178370
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05569555
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04691735
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04533374
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt027840151
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.67600
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt014790735
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0653802
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt017177734
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02022074
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0-288877
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt013052013
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01236779
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt014790735
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0745470
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-243527
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0-38963
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt013193651
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0416434
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt013052013
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-341868
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0-177241
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0-17433
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt012397947
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0503791
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt013193651
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0500361
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0-191015
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010246510
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01137829
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt012397947
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01180150
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IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0175023
IRS990ScheduleD/DonatedServicesUseFcltsAmt0175023
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/ExpensesNotReportedAmt0697568
IRS990ScheduleD/ExpensesSubtotalAmt05096587
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02084882
IRS990ScheduleD/OtherExpensesIncludedAmt0522545
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038592
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt038592
IRS990ScheduleD/OtherRevenueAmt0522545
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.25620
IRS990ScheduleD/RevenueNotReportedAmt02782450
IRS990ScheduleD/RevenueSubtotalAmt06344572
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SUPPORT THE BURGER KING SCHOLARS PROGRAM AND THE BURGER KING FAMILY FUND AS WELL AS RELATED PROGRAMS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 12/31/17, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2014.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENTS 522,545
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3SPECIAL EVENTS 522,545
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 2D

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.5$0.34$36.1$9.43$9.45$0.02
2023Detailed filing. Detailed filing data is available for this year.$35.3$0.94$34.3$8.70$6.46$2.23
2022Detailed filing. Detailed filing data is available for this year.$30.0$0.75$29.3$6.65$6.83$0.18
2021Detailed filing. Detailed filing data is available for this year.$34.3$0.41$33.9$7.13$6.27$0.86
2020Detailed filing. Detailed filing data is available for this year.$31.7$0.33$31.4$7.24$6.55$0.69
2019Detailed filing. Detailed filing data is available for this year.$27.9$0.16$27.7$7.74$5.37$2.37
2018Detailed filing. Detailed filing data is available for this year.$22.0$0.20$21.8$6.35$5.51$0.84
2017Detailed filing. Detailed filing data is available for this year.$24.1$0.19$23.9$6.34$5.10$1.25
2016Detailed filing. Detailed filing data is available for this year.$20.7$0.22$20.5$5.75$4.75$1.00
2015Detailed filing. Detailed filing data is available for this year.$19.0$0.14$18.9$5.16$4.15$1.01
2014Detailed filing. Detailed filing data is available for this year.$18.8$0.15$18.6$4.36$3.76$0.60
2013Detailed filing. Detailed filing data is available for this year.$18.0$0.26$17.8$5.36$3.14$2.22
2012Summary only. Only limited summary data is available for this year.$16.2$0.59$15.6$5.86$3.44$2.42
2011Summary only. Only limited summary data is available for this year.$13.7$0.40$13.3$5.09$2.28$2.82