Civic Intelligence

Garrett B Smith Foundation

990 • Fiscal year 2015 • EIN 06-6411358

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

C/O PAW PARTNERS 4 GREENWICH SuiteGreenwich, CT 06831

(203) 862-3344

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

11th percentile

-28%

Higher net margin than 11% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

18th percentile

-6.4%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

51st percentile

3.7%

Faster revenue growth than 51% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,569,461

Down $107,130 (-6.4%) from 2014

Net Assets

Down

$1,569,461

Down $107,130 (-6.4%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$188,542

Up $6,673 (+3.7%) from 2014

Expenses

Up

$241,882

Up $51,842 (+27%) from 2014

Net Income

Down

-$53,340

Down $45,169 (-553%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $1,696,938Liabilities 2013: $0Net Assets 2013: $1,696,9382013Assets 2014: $1,676,591Liabilities 2014: $0Net Assets 2014: $1,676,5912014Assets 2015: $1,569,461Liabilities 2015: $0Net Assets 2015: $1,569,4612015Assets 2016: $1,656,105Liabilities 2016: $0Net Assets 2016: $1,656,1052016Assets 2017: $1,710,218Liabilities 2017: $0Net Assets 2017: $1,710,2182017Assets 2018: $1,547,739Liabilities 2018: $0Net Assets 2018: $1,547,7392018Assets 2019: $1,618,528Liabilities 2019: $0Net Assets 2019: $1,618,5282019Assets 2020: $1,706,963Liabilities 2020: $0Net Assets 2020: $1,706,9632020Assets 2021: $1,871,205Liabilities 2021: $0Net Assets 2021: $1,871,2052021Assets 2022: $1,576,162Liabilities 2022: $0Net Assets 2022: $1,576,1622022Assets 2023: $1,636,091Liabilities 2023: $0Net Assets 2023: $1,636,0912023Assets 2024: $1,631,265Liabilities 2024: $0Net Assets 2024: $1,631,2652024

Highlighted filing

2015

Assets$1,569,461
Liabilities$0
Net Assets$1,569,461

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $201,330Expenses 2013: $168,263Net Income 2013: $33,0672013Revenue 2014: $181,869Expenses 2014: $190,040Net Income 2014: -$8,1712014Revenue 2015: $188,542Expenses 2015: $241,882Net Income 2015: -$53,3402015Revenue 2016: $173,950Expenses 2016: $143,310Net Income 2016: $30,6402016Revenue 2017: $108,130Expenses 2017: $150,253Net Income 2017: -$42,1232017Revenue 2018: $114,412Expenses 2018: $194,490Net Income 2018: -$80,0782018Revenue 2019: $107,254Expenses 2019: $195,210Net Income 2019: -$87,9562019Revenue 2020: $117,057Expenses 2020: $122,376Net Income 2020: -$5,3192020Revenue 2021: $202,708Expenses 2021: $164,883Net Income 2021: $37,8252021Revenue 2022: $86,313Expenses 2022: $146,511Net Income 2022: -$60,1982022Revenue 2023: $94,106Expenses 2023: $154,937Net Income 2023: -$60,8312023Revenue 2024: $169,335Expenses 2024: $154,568Net Income 2024: $14,7672024

Highlighted filing

2015

Revenue$188,542
Expenses$241,882
Net Income-$53,340
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$576,485
Mission and Program Overview

Mission

The foundation provides funds to support research in the treatment of cancer, especially in children, and to support entertainment programs for those hospitalized children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$1,676,591$1,569,461▼ $107,130
Investments in Publicly Traded Securities$1,490,966$1,459,109▼ $31,857
Savings and Temporary Cash Investments$185,625$110,352▼ $75,273
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,676,591$1,569,461▼ $107,130
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,676,591$1,569,461▼ $107,130
Total Liabilities and Net Assets / Fund Balance$1,676,591$1,569,461▼ $107,130
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scott SmithPres/director
Heidi SmithSecy/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$138,607
Program Service Revenue
$0
Investment Income
$52,137
Other Revenue
$-2,202
All Other Contributions
$2,119
Change in Net Assets
$-53,340
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$228,500
Other Expenses$13,382
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$228,500--$228,500
Fees for Service Investment Mgmnt Fees-$8,500-$8,500
Fees for Services Accounting-$4,750-$4,750
Fees for Services Other$0$132$0$132
Total Functional Expenses$228,500$13,382$0$241,882
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
YALE NEW HAVEN CHILDREN'S HOSPITALNew Haven, CT501(c)(3)General Fund$78,500
Breast Cancer Research FndtnNew York, NY501(c)(3)General Fund$50,000
Dana Farber Cancer InstituteBoston, MA501(c)(3)General Fund$50,000
University of PennsylvaniaPhiladelphia, PA501(c)(3)General Fund$50,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$43,614
Fundraising Gross Income$40,612
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$177,100$40,612$43,614$-3,002
Total Events$177,100$40,612$43,614$-3,002
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Part VI Line 2

Scott smith and heidi smith are married.

Part VI Line 8

The foundation does not have documented meetings or written actions taken in 2015. The foundation hosts an annual golf outing and supports 4 grants on an annual basis. The foundation has no committees that have authority to act on the behalf of the trustees.

Part VI Line 11A

A copy of form 990 is provided to both trustees to be reviewed before filing.

Part VI Line 19

Governing documents and financial statements are availble upon request to the public.

Filing and Contact Details

Filer

Filer Name
Garrett B Smith Foundation
EIN
06-6411358
In Care Of
% HEIDI SMITH
Phone
2038623344
Address
C/O PAW PARTNERS 4 GREENWICH Suite, GREENWICH, CT 06831

Signing Officer

Name
Heidi Smith
Title
treasurer
Phone
2038623340
Signed
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heidi Smith Co Paw Partners
Formed
1995
Legal Domicile
Ct
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Anchin Block & Anchin Llp
Address
1375 BROADWAY, NEW YORK, NY 10018-7001
Preparer
Marc G Goldberg
Phone
2038623340
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046576
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt024742
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029775
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt033090
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021645
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0155828
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0800
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0800
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72663
IRS990ScheduleA/PublicSupportPY170Pct00.59294
IRS990ScheduleA/PublicSupportTotal170Amt0705760
IRS990ScheduleA/SubstantialContributorsTotAmt0108885
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0138607
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0118234
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0195163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0143100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0219541
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0814645
IRS990ScheduleA/TotalSupportAmt0971273
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0136488
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0136488
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt043614
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0177100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0177100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt040612
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt040612
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-3002
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt043614
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt043614
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt078500
IRS990ScheduleI/RecipientTable/CashGrantAmt150000
IRS990ScheduleI/RecipientTable/CashGrantAmt250000
IRS990ScheduleI/RecipientTable/CashGrantAmt350000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0YALE NEW HAVEN CHILDREN'S HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1DANA FARBER CANCER INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2UNIVERSITY OF PENNSYLVANIA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3BREAST CANCER RESEARCH FNDTN
IRS990ScheduleI/RecipientTable/RecipientEIN0060646652
IRS990ScheduleI/RecipientTable/RecipientEIN1042263040
IRS990ScheduleI/RecipientTable/RecipientEIN2232810852
IRS990ScheduleI/RecipientTable/RecipientEIN3133727250
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01 PARK STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt144 Binney Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23451 WALNUT STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt360 E 56TH ST 8TH FL
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW HAVEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BOSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd006516
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd102115
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd219104
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd310022
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEES REVIEW REPORTS RECEIVED FROM THE GRANTEES. Y
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCOTT SMITH AND HEIDI SMITH ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION DOES NOT HAVE DOCUMENTED MEETINGS OR WRITTEN ACTIONS TAKEN IN 2015. THE FOUNDATION HOSTS AN ANNUAL GOLF OUTING AND SUPPORTS 4 GRANTS ON AN ANNUAL BASIS. THE FOUNDATION HAS NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON THE BEHALF OF THE TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 IS PROVIDED TO BOTH TRUSTEES TO BE REVIEWED BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILBLE UPON REQUEST TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI LINE 11A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01676591
IRS990/TotalAssetsEOYAmt01569461
IRS990/TotalAssetsGrp/BOYAmt01676591
IRS990/TotalAssetsGrp/EOYAmt01569461
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0138607
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013382
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0228500
IRS990/TotalFunctionalExpensesGrp/TotalAmt0241882
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01676591
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01569461
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0228500
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt047840
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0188542
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01676591
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01569461
IRS990/TotReportableCompRltdOrgAmt00

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