Civic Intelligence

Konica Minolta Colorful Tomorrow Foundation

EIN 11-3806518 • 501(c)3

Profile

To transform lives, enable communities, and inspire ideas for the next generation to shape a more colorful tomorrow.

100 Williams Drive07446
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

100th percentile

413%

Higher net margin than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

50th percentile

-1.7%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$238,093

Down $4,000 (-1.7%) from 2013

Liabilities

Down

$0

Down $21,500 (-100%) from 2013

Net Assets

Up

$238,093

Up $17,500 (+7.9%) from 2013

Revenue

Up

$4,238

Up $978 (+30%) from 2013

Expenses

Down

-$13,262

Down $35,655 (-159%) from 2013

Net Income

Up

$17,500

Up $36,633 (+191%) from 2013

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2010: $258,474Liabilities 2010: $24,500Net Assets 2010: $233,9742010Assets 2011: $238,143Liabilities 2011: $20,500Net Assets 2011: $217,6432011Assets 2012: $260,726Liabilities 2012: $21,000Net Assets 2012: $239,7262012Assets 2013: $242,093Liabilities 2013: $21,500Net Assets 2013: $220,5932013Assets 2014: $238,093Liabilities 2014: $0Net Assets 2014: $238,0932014

Highlighted filing

2014

Assets$238,093
Liabilities$0
Net Assets$238,093

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KExpenses 2010: $104,0742010Expenses 2011: $73,7092011Revenue 2012: $37,310Expenses 2012: $14,727Net Income 2012: $22,5832012Revenue 2013: $3,260Expenses 2013: $22,393Net Income 2013: -$19,1332013Revenue 2014: $4,238Expenses 2014: -$13,262Net Income 2014: $17,5002014

Highlighted filing

2014

Revenue$4,238
Expenses-$13,262
Net Income$17,500

Filings

Latest Detailed Filing

The latest 2014 filing currently has summary financial data only. Showing the latest detailed filing from 2013 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 22, 2014
Return Version
2013v3.0
Gross Receipts
$3,260
Mission and Program Overview

Mission

To transform lives, enable communities, and inspire ideas for the next generation to shape a more colorful tomorrow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$260,726$242,093▼ $18,633
Total Assets$260,726$242,093▼ $18,633
Liabilities
Accounts Payable and Accrued Expenses$21,000$21,500▲ $500
Total Liabilities$21,000$21,500▲ $500
Net Assets / Fund Balance
Unrestricted Net Assets$207,056$189,423▼ $17,633
Temporarily Rstr Net Assets$32,670$31,170▼ $1,500
Total Net Assets Fund Balance$239,726$220,593▼ $19,133
Total Liabilities and Net Assets / Fund Balance$260,726$242,093▼ $18,633
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nubuo UmeharaPresident/chairman - Trust
Allison KernTrustee
John ThielkeTrustee
Larry BastanzaTrustee
Marshall FoxTrustee
Thomas JonesTrustee
Velinda CoxTrustee
Donald WarwickVP-trustee
Hiroshi WatanabeVP-trustee
Rui GoncalvesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,260
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,260
Change in Net Assets
$-19,133

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,260
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$41,656
Total Revenue per Audited Statements
$44,916
Total Revenue per Form 990
$3,260
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$19,020
Other Expenses$3,373
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$19,020--$19,020
Other Expenses-$2,483-$2,483
Fees for Services Accounting-$500-$500
Office Expenses-$390-$390
Total Functional Expenses$19,020$3,373$0$22,393

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$64,049
Expenses Not Reported on Form 990$41,656
Expenses per Audited Statements$22,393
Total Expenses per Form 990$22,393
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
52-1585880-501(c)(3)Rebuilding Together$9,000
72-0535376-501(c)(3)R.smith Tution$7,500
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The organization's federal form 990 was provided to and made available to each voting member of the organization's governing body prior to filing of the federal form 990 with the irs. The organization's governing body is its board of trustees. The organization's board of trustees has assumed the responsibility to oversee, review and approve of the federal form 990, including the preparation, review and filing process. As part of the tax return preparation process the organization hired a professional cpa firm with experience and expertise in not-for-profit tax return preparation to prepare federal form 990. The cpa firm's tax professionals worked closely with the organization's finance personnel and various other individuals of the organization to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft federal form 990 and furnished it to the organization's finance personnel and other individual's for their review. The organization's finance pesonnel and other individuals reviewed the draft federal form 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the organization's finance personnel and various other individuals for final review and approval prior to presentation of the federal form 990 to each voting member of the organization's governing body.

Form 990, Part VI, Section B, Line 12C

The organization regularly monitors and enforces compliance with its conflict of interest policy. Annually all members of the board of trustees are required to review the existing conflict of interest policy and complete a questionnaire. The completed questionnaires are returned to the organization and reviewed accordingly.

Form 990, Part VI, Section C, Line 18

The organization's filed certificate of incorporation and any amendments can be obtained through the state of new jersey secretary of state.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

EIN
11-3806518
Phone
2018254000

Signing Officer

Name
John Thielke
Title
Trustee
Phone
2018254000
Signed
2014-07-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nobuo Umehara
Formed
2007
Legal Domicile
Nj
Voting Board Members
10
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Preparer
Ken Young
Phone
9732283500
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Process has not changed from last year.

Financial Statement Notes

PART X, LINE 2:

The foundation qualifies as a tax exempt organization under section 501(c)(3) of the internal revenue code. The foundation has no unrecognized tax benefits at december 31, 2013 and 2012. The foundation's u.s. Federal and state income tax returns prior to fiscal years 2010 and 2009, respectively, are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If applicable, the foundation would recognize interest and penalties associated with tax matters as general and administrative expenses. There were no interest or penalties paid for the years ended december 31, 2013 and 2012.

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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0REBUILDING TOGETHER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1R.SMITH TUTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10REBUILDING TOGETHER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11STMARY'S DOMINICAN HIHG SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0521585880
IRS990ScheduleI/RecipientTable/RecipientEIN1720535376
IRS990ScheduleI/RecipientTable/USAddress/AddressLine101899 L STREET NW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine117701 WALMSLEY AVENUE
IRS990ScheduleI/RecipientTable/USAddress/City0WASINGTON
IRS990ScheduleI/RecipientTable/USAddress/City1NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/State0DC
IRS990ScheduleI/RecipientTable/USAddress/State1LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode020036
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode170125
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FEDERAL FORM 990 WAS PROVIDED TO AND MADE AVAILABLE TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING OF THE FEDERAL FORM 990 WITH THE IRS. THE ORGANIZATION'S GOVERNING BODY IS ITS BOARD OF TRUSTEES. THE ORGANIZATION'S BOARD OF TRUSTEES HAS ASSUMED THE RESPONSIBILITY TO OVERSEE, REVIEW AND APPROVE OF THE FEDERAL FORM 990, INCLUDING THE PREPARATION, REVIEW AND FILING PROCESS. AS PART OF THE TAX RETURN PREPARATION PROCESS THE ORGANIZATION HIRED A PROFESSIONAL CPA FIRM WITH EXPERIENCE AND EXPERTISE IN NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE ORGANIZATION'S FINANCE PERSONNEL AND VARIOUS OTHER INDIVIDUALS OF THE ORGANIZATION TO OBTAIN THE INFORMATION NEEDED IN ORDER TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THE ORGANIZATION'S FINANCE PERSONNEL AND OTHER INDIVIDUAL'S FOR THEIR REVIEW. THE ORGANIZATION'S FINANCE PESONNEL AND OTHER INDIVIDUALS REVIEWED THE DRAFT FEDERAL FORM 990 AND DISCUSSED QUESTIONS AND COMMENTS WITH THE CPA FIRM. REVISIONS WERE MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A FINAL DRAFT WAS FURNISHED BY THE CPA FIRM TO THE ORGANIZATION'S FINANCE PERSONNEL AND VARIOUS OTHER INDIVIDUALS FOR FINAL REVIEW AND APPROVAL PRIOR TO PRESENTATION OF THE FEDERAL FORM 990 TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. ANNUALLY ALL MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO THE ORGANIZATION AND REVIEWED ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S FILED CERTIFICATE OF INCORPORATION AND ANY AMENDMENTS CAN BE OBTAINED THROUGH THE STATE OF NEW JERSEY SECRETARY OF STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROCESS HAS NOT CHANGED FROM LAST YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/City0CHIYODA-KU TOKYO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/Country0JA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileForeignCountryCd0JA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0EQUIPMENT SALES/SERVICE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1HOLDING CO.
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine10KONICA MINOLTA BUSINESS SOLUTIONS USA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine11KONICA MINOLTA HOLDINGS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine10100 WILLIAMS DRIVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/City0RAMSEY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/State0NJ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCode007446
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/StatesWhereCopyOfReturnIsFldCd1AK
IRS990/StatesWhereCopyOfReturnIsFldCd2AZ
IRS990/StatesWhereCopyOfReturnIsFldCd3AR
IRS990/StatesWhereCopyOfReturnIsFldCd4CA
IRS990/StatesWhereCopyOfReturnIsFldCd5CO
IRS990/StatesWhereCopyOfReturnIsFldCd6CT
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IRS990/StatesWhereCopyOfReturnIsFldCd8FL
IRS990/StatesWhereCopyOfReturnIsFldCd9GA
IRS990/StatesWhereCopyOfReturnIsFldCd10IL
IRS990/StatesWhereCopyOfReturnIsFldCd11KS
IRS990/StatesWhereCopyOfReturnIsFldCd12KY
IRS990/StatesWhereCopyOfReturnIsFldCd13LA
IRS990/StatesWhereCopyOfReturnIsFldCd14ME
IRS990/StatesWhereCopyOfReturnIsFldCd15MD
IRS990/StatesWhereCopyOfReturnIsFldCd16MA
IRS990/StatesWhereCopyOfReturnIsFldCd17MI
IRS990/StatesWhereCopyOfReturnIsFldCd18MN
IRS990/StatesWhereCopyOfReturnIsFldCd19MS
IRS990/StatesWhereCopyOfReturnIsFldCd20NH
IRS990/StatesWhereCopyOfReturnIsFldCd21NJ
IRS990/StatesWhereCopyOfReturnIsFldCd22NM
IRS990/StatesWhereCopyOfReturnIsFldCd23NY
IRS990/StatesWhereCopyOfReturnIsFldCd24NC
IRS990/StatesWhereCopyOfReturnIsFldCd25ND
IRS990/StatesWhereCopyOfReturnIsFldCd26OH
IRS990/StatesWhereCopyOfReturnIsFldCd27OK
IRS990/StatesWhereCopyOfReturnIsFldCd28OR
IRS990/StatesWhereCopyOfReturnIsFldCd29PA
IRS990/StatesWhereCopyOfReturnIsFldCd30RI
IRS990/StatesWhereCopyOfReturnIsFldCd31SC
IRS990/StatesWhereCopyOfReturnIsFldCd32SD
IRS990/StatesWhereCopyOfReturnIsFldCd33TN
IRS990/StatesWhereCopyOfReturnIsFldCd34TX
IRS990/StatesWhereCopyOfReturnIsFldCd35UT
IRS990/StatesWhereCopyOfReturnIsFldCd36VA
IRS990/StatesWhereCopyOfReturnIsFldCd37WA
IRS990/StatesWhereCopyOfReturnIsFldCd38WV
IRS990/StatesWhereCopyOfReturnIsFldCd39WI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt032670
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt031170
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0260726
IRS990/TotalAssetsEOYAmt0242093
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IRS990/TotalAssetsGrp/EOYAmt0242093
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03260
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03373
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt019020
IRS990/TotalFunctionalExpensesGrp/TotalAmt022393
IRS990/TotalGrossUBIAmt00

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