Civic Intelligence

Project Athena Foundation

990 • Fiscal year 2021 • EIN 06-1818480

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

2033 San Elijo Ave 310Cardiff, CA 92007

(858) 945-4472

Siviq Scores

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

Liabilities / Assets

90th percentile

0.54x

Higher debt load relative to assets than 90% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.11x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

21st percentile

-15%

Higher net margin than 21% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

82nd percentile

$12,005

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

19th percentile

-20%

Faster asset growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

44th percentile

-2.5%

Faster revenue growth than 44% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$31,251

Down $7,581 (-20%) from 2020

Net Assets

Down

$14,260

Down $24,572 (-63%) from 2020

Liabilities

Up

$16,991

Up $16,991 from 2020

Revenue

Down

$161,637

Down $4,213 (-2.5%) from 2020

Expenses

Down

$186,209

Down $25,891 (-12%) from 2020

Net Income

Up

-$24,572

Up $21,678 (+47%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $53,062Liabilities 2010: $0Net Assets 2010: $53,0622010Assets 2011: $7,224Liabilities 2011: $0Net Assets 2011: $7,2242011Assets 2012: $36,756Liabilities 2012: $0Net Assets 2012: $36,7562012Assets 2013: $188,900Liabilities 2013: $0Net Assets 2013: $188,9002013Assets 2014: $132,073Liabilities 2014: $0Net Assets 2014: $132,0732014Assets 2015: $173,537Liabilities 2015: $0Net Assets 2015: $173,5372015Assets 2016: $214,749Liabilities 2016: $0Net Assets 2016: $214,7492016Assets 2017: $197,664Liabilities 2017: $0Net Assets 2017: $197,6642017Assets 2018: $96,612Liabilities 2018: $0Net Assets 2018: $96,6122018Assets 2019: $72,745Liabilities 2019: $0Net Assets 2019: $72,7452019Assets 2020: $38,832Liabilities 2020: $0Net Assets 2020: $38,8322020Assets 2021: $31,251Liabilities 2021: $16,991Net Assets 2021: $14,2602021Assets 2022: $36,953Liabilities 2022: $24,523Net Assets 2022: $12,4302022Assets 2023: $35,413Liabilities 2023: $8,457Net Assets 2023: $26,9562023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2021

Assets$31,251
Liabilities$16,991
Net Assets$14,260

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $113,639Expenses 2010: $68,535Net Income 2010: $45,1042010Revenue 2011: $101,241Expenses 2011: $147,079Net Income 2011: -$45,8382011Revenue 2012: $183,265Expenses 2012: $153,733Net Income 2012: $29,5322012Revenue 2013: $319,410Expenses 2013: $189,435Net Income 2013: $129,9752013Revenue 2014: $121,244Expenses 2014: $178,071Net Income 2014: -$56,8272014Revenue 2015: $245,255Expenses 2015: $203,791Net Income 2015: $41,4642015Revenue 2016: $239,317Expenses 2016: $198,105Net Income 2016: $41,2122016Revenue 2017: $193,955Expenses 2017: $211,040Net Income 2017: -$17,0852017Revenue 2018: $70,365Expenses 2018: $171,417Net Income 2018: -$101,0522018Revenue 2019: $258,726Expenses 2019: $282,593Net Income 2019: -$23,8672019Revenue 2020: $165,850Expenses 2020: $212,100Net Income 2020: -$46,2502020Revenue 2021: $161,637Expenses 2021: $186,209Net Income 2021: -$24,5722021Revenue 2022: $8,603Expenses 2022: $10,433Net Income 2022: -$1,8302022Revenue 2023: $19,389Expenses 2023: $4,863Net Income 2023: $14,5262023Revenue 2024: $223Expenses 2024: $670Net Income 2024: -$4472024

Highlighted filing

2021

Revenue$161,637
Expenses$186,209
Net Income-$24,572
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$161,637
Mission and Program Overview

Mission

To provide scholarship funds to women who have endured medical or traumatic setbacks in order to further their athletic and adventurous dreams.

Our mission is to help survivors of medical or other traumatic challenges reach new athletic goals and achieve their adventurous dreams. We provide travel expenses, coaching, equipment, and most importantly, the encouragement and inspiration needed to help these strong, amazing women and men make that life-affirming transition from survivor to athlete.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$38,832$14,260▼ $24,572
Cash and Non-Interest-Bearing Accounts$38,832$49▼ $38,783
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$38,832$31,251▼ $7,581
Other Assets Total-$31,202-
Liabilities
Other Liabilities-$16,991-
Total Liabilities$0$16,991▲ $16,991
Net Assets / Fund Balance
Total Net Assets Fund Balance$38,832$14,260▼ $24,572
Total Liabilities and Net Assets / Fund Balance$38,832$31,251▼ $7,581

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$31,202--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melissa Merrill SimpsonSecretaryPT$12,005$12,005
Kris VerdeckCFOPT$9,331$9,331
Louise CooperVice President-$1,935$1,935

Board Members and Trustees

NameTitle
Jeffrey AkensDirector
Ron BenincasaExecutive Director
Robyn BenincasaCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$62,648
Program Service Revenue
$98,989
Investment Income
$0
Other Revenue
$0
All Other Contributions
$62,648
Change in Net Assets
$-24,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$137,686
Salaries, Compensation, and Employee Benefits$48,523
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$25,252--$25,252
Current Officers, Directors, Trustees, and Key Employees$23,271--$23,271
Fees for Services Legal-$9,560-$9,560
Office Expenses-$9,058-$9,058
Advertising-$7,930-$7,930
Insurance$6,649--$6,649
Information Technology-$2,821-$2,821
All Other Expenses$1,934$585-$2,519
Other Expenses$4,992$2,108-$2,108
Travel-$912-$912
Fees for Services Accounting-$700-$700
Total Functional Expenses$148,696$37,513$0$186,209
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$16,990
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Ron Benincasa is Robyn Benincasa's father.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is prepared by an independent accountant and reviewed by the CEO and CFO prior to filing with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All board members and officers are required to inform the rest of the board of any possible conflicts of interest.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Project Athena Foundation
EIN
06-1818480
Phone
8589454472
Address
2033 San Elijo Ave 310, Cardiff, CA 92007

Signing Officer

Name
Robyn Benincasa
Title
CEO
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
James V Bouarouy
Address
64 Grouse Drive, Denver, PA 17517
Preparer
James V Bouarouy
Phone
7862929519
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0395500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.76050
IRS990ScheduleA/PublicSupportTotal170Amt0545729
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt062648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt056028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt072037
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0161062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0193954
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0545729
IRS990ScheduleA/TotalSupportAmt0545729
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt031202
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from State of California
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016990
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Cards
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rounding
IRS990ScheduleD/TotalBookValueOtherAssetsAmt031202
IRS990ScheduleD/TotalLiabilityAmt016991
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Ron Benincasa is Robyn Benincasa's father.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is prepared by an independent accountant and reviewed by the CEO and CFO prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All board members and officers are required to inform the rest of the board of any possible conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All governing documents, conflict of interest policy, and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt038832
IRS990/TotalAssetsEOYAmt031251
IRS990/TotalAssetsGrp/BOYAmt038832
IRS990/TotalAssetsGrp/EOYAmt031251
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt062648
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037513
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0148696
IRS990/TotalFunctionalExpensesGrp/TotalAmt0186209
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt016991
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt016991
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt038832
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014260
IRS990/TotalProgramServiceExpensesAmt0148696
IRS990/TotalProgramServiceRevenueAmt098989
IRS990/TotalReportableCompFromOrgAmt023271
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt098989
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0161637
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt038832
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt031251
IRS990/TravelGrp/ManagementAndGeneralAmt0912
IRS990/TravelGrp/TotalAmt0912
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02033 San Elijo Ave 310
IRS990/USAddress/CityNm0Cardiff
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092007
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www. projectathena.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Robyn Benincasa
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Project Athena Foundation
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0061818480
ReturnHeader/Filer/PhoneNum08589454472
ReturnHeader/Filer/USAddress/AddressLine1Txt02033 San Elijo Ave 310
ReturnHeader/Filer/USAddress/CityNm0Cardiff
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092007
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824309077
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0James V Bouarouy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt064 Grouse Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Denver
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017517
ReturnHeader/PreparerPersonGrp/PhoneNum07862929519
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James V Bouarouy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-15T08:01:26-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Robyn
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Benincasa
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.35$0.08$0.27$0.19$0.05$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.37$0.25$0.12$0.09$0.10$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.17$0.14$1.62$1.86$0.25
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$1.66$2.12$0.46
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$2.59$2.83$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.70$1.71$1.01
2017Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$1.94$2.11$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$2.39$1.98$0.41
2015Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$2.45$2.04$0.41
2014Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$1.21$1.78$0.57
2013Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$3.19$1.89$1.30
2012Summary only. Only limited summary data is available for this year.$0.37$0.00$0.37$1.83$1.54$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$1.01$1.47$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$1.14$0.69$0.45