Civic Intelligence

Craft Emergency Relief Fund Inc.

990 • Fiscal year 2014 • EIN 13-3273980

Oct 01, 2013 to Sep 30, 2014 • Filed on Feb 09, 2015

PO Box 838Montpelier, VT 05601

(802) 229-2306

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.03x

Higher debt load relative to assets than 33% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

28th percentile

0.03x

Higher debt load relative to revenue than 28% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

90th percentile

45%

Higher net margin than 90% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

65th percentile

$89,246

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

93rd percentile

65%

Faster asset growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

93rd percentile

90%

Faster revenue growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,582,296

Up $620,592 (+65%) from 2013

Net Assets

Up

$1,539,036

Up $636,154 (+70%) from 2013

Liabilities

Down

$43,260

Down $15,562 (-26%) from 2013

Revenue

Up

$1,442,044

Up $681,976 (+90%) from 2013

Expenses

Up

$797,937

Up $12,224 (+1.6%) from 2013

Net Income

Up

$644,107

Up $669,752 (+2612%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $938,191Liabilities 2011: $52,637Net Assets 2011: $885,5542011Assets 2012: $966,896Liabilities 2012: $48,224Net Assets 2012: $918,6722012Assets 2013: $961,704Liabilities 2013: $58,822Net Assets 2013: $902,8822013Assets 2014: $1,582,296Liabilities 2014: $43,260Net Assets 2014: $1,539,0362014Assets 2015: $1,668,475Liabilities 2015: $56,934Net Assets 2015: $1,611,5412015Assets 2016: $1,415,208Liabilities 2016: $55,688Net Assets 2016: $1,359,5202016Assets 2017: $1,681,728Liabilities 2017: $48,075Net Assets 2017: $1,633,6532017Assets 2018: $1,740,575Liabilities 2018: $39,986Net Assets 2018: $1,700,5892018Assets 2019: $2,295,545Liabilities 2019: $66,910Net Assets 2019: $2,228,6352019Assets 2020: $3,301,809Liabilities 2020: $270,776Net Assets 2020: $3,031,0332020Assets 2021: $3,527,375Liabilities 2021: $69,411Net Assets 2021: $3,457,9642021Assets 2022: $3,585,715Liabilities 2022: $91,822Net Assets 2022: $3,493,8932022Assets 2023: $3,757,593Liabilities 2023: $78,088Net Assets 2023: $3,679,5052023Assets 2024: $3,853,657Liabilities 2024: $30,978Net Assets 2024: $3,822,6792024

Highlighted filing

2014

Assets$1,582,296
Liabilities$43,260
Net Assets$1,539,036

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $690,0922011Expenses 2012: $710,9102012Revenue 2013: $760,068Expenses 2013: $785,713Net Income 2013: -$25,6452013Revenue 2014: $1,442,044Expenses 2014: $797,937Net Income 2014: $644,1072014Revenue 2015: $1,004,037Expenses 2015: $864,573Net Income 2015: $139,4642015Revenue 2016: $600,270Expenses 2016: $922,511Net Income 2016: -$322,2412016Revenue 2017: $1,179,268Expenses 2017: $974,889Net Income 2017: $204,3792017Revenue 2018: $1,477,986Expenses 2018: $1,399,877Net Income 2018: $78,1092018Revenue 2019: $1,554,661Expenses 2019: $1,064,597Net Income 2019: $490,0642019Revenue 2020: $2,985,922Expenses 2020: $2,266,903Net Income 2020: $719,0192020Revenue 2021: $2,089,886Expenses 2021: $1,789,424Net Income 2021: $300,4622021Revenue 2022: $2,497,600Expenses 2022: $1,882,643Net Income 2022: $614,9572022Revenue 2023: $2,007,144Expenses 2023: $2,046,332Net Income 2023: -$39,1882023Revenue 2024: $1,838,303Expenses 2024: $2,122,165Net Income 2024: -$283,8622024

Highlighted filing

2014

Revenue$1,442,044
Expenses$797,937
Net Income$644,107
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Feb 9, 2015
Return Version
2013v4.0
Gross Receipts
$2,252,671
Mission and Program Overview

Mission

The craft emergency relief fund (cerf+) provides craft artists with support and resources for disaster and emergency relief, education programs, and readiness grants to strengthen preparedness. Committing to generosity, inclusion, and care, we advocate for the thriveability of craft artists and craft as an art form.

Craft emergency relief fund, inc. Is a national artist service organization whose mission is to safeguard and sustain the careers of craft artists and to provide emergency resources that benefit all artists.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$636,477$878,466▲ $241,989
Pledges and Grants Receivable$177,047$552,030▲ $374,983
Cash and Non-Interest-Bearing Accounts$46,310$84,986▲ $38,676
Other Notes and Loans Receivable, Net$70,852$45,125▼ $25,727
Land, Buildings, and Equipment, Net$2,450$10,167▲ $7,717
Prepaid Expenses and Deferred Charges$23,060$10,055▼ $13,005
Inventories for Sale or Use$5,508--
Accounts Receivable-$1,467-
Total Assets$961,704$1,582,296▲ $620,592
Liabilities
Accounts Payable and Accrued Expenses$58,822$43,260▼ $15,562
Total Liabilities$58,822$43,260▼ $15,562
Net Assets / Fund Balance
Unrestricted Net Assets$566,542$833,844▲ $267,302
Temporarily Rstr Net Assets$336,340$705,192▲ $368,852
Total Net Assets Fund Balance$902,882$1,539,036▲ $636,154
Total Liabilities and Net Assets / Fund Balance$961,704$1,582,296▲ $620,592

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,942$3,293$12,235
Other Land Buildings$1,225$6,125$7,350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cornelia CareyExecutive DiFT$73,824$15,422$89,246

Board Members and Trustees

NameTitle
Judy GordonChair
Julie DalgleishVice Chair
Brent SkidmoreDirector
Chris RobbDirector
Curtis BenzleDirector
Eddie BernardDirector
Felicia ShawDirector
Jan KatzDirector
Lois RussellDirector
Michelle BufanoDirector
Pamela KingfisherDirector
Reed McmillanDirector
Robert LynchDirector
Sylvie RosenthalDirector
Toni SikesDirector
Carol EckertSecretary
Polly AllenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,379,002
Program Service Revenue
$0
Investment Income
$65,709
Other Revenue
$-2,667
All Other Contributions
$1,373,009
Change in Net Assets
$644,107

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,442,044
Revenue Not Reported on Form 990
$102,795
Total Revenue per Audited Statements
$1,544,839
Total Revenue per Form 990
$1,442,044
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$434,017
Other Expenses$231,672
Grants and Similar Amounts Paid$132,248
Total Fundraising Expense$90,144
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$196,766$40,378$24,800$261,944
Grants to Domestic Individuals$132,248--$132,248
Current Officers, Directors, Trustees, and Key Employees$69,097$13,428$15,486$98,011
Fees for Services Other$48,228$1,314$8,915$58,457
Office Expenses$32,284$4,067$9,020$45,371
Other Employee Benefits$30,641$6,285$3,923$40,849
Travel$30,807$706$6,193$37,706
Payroll Taxes$19,674$3,988$2,924$26,586
Occupancy$19,312$3,843$2,939$26,094
Information Technology$16,826$169$2,282$19,277
Fees for Services Accounting$9,548$1,978$1,273$12,799
Pension Plan Contributions$4,995$1,024$608$6,627
Fees for Service Investment Mgmnt Fees-$5,956-$5,956
Advertising$3,672--$3,672
Insurance-$3,046-$3,046
Depreciation Depletion$2,212--$2,212
Conferences and Meetings$1,803$-103$364$2,064
Other Expenses$746$554$630$746
Fees for Services Legal-$375-$375
Total Functional Expenses$619,539$88,254$90,144$797,937

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$908,685
Expenses per Audited Statements$797,937
Total Expenses per Form 990$797,937
Expenses Not Reported on Form 990$110,748
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
Yes
Other officer compensation reviewed
Yes
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

Management and the board review the 990 prior to filing.

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

Each board member submits a conflict of interest policy disclosure form annually.

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

Compensation is determined by the board of directors annually after a review of monitoring reports.

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

The director of administration researches factors relevant to staff compensation and the executive director determines the salaries.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

EIN
13-3273980
Phone
8022292306

Signing Officer

Name
Cornelia Carey
Title
Executive Director
Phone
8022292306
Signed
2015-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cornelia Carey
Formed
1985
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
8
Volunteers
285

Preparer

Preparer
Randall L Sargent CPA
Phone
8026555665
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

Participants from seven (7) nationally-recognized independent art schools and college art departments. This "train the trainer" program introduces faculty and career services staff to techniques of integrating the topic of risk management into their professional practice courses and workshops. Since the launch of this training program in 2012, eleven (11) schools have sent representatives. In the 2013-14 academic year, we estimate that more than 300 students (in bfa, mfa and certificate programs) received instruction in strategies to safeguard a creative career. Graduates of the 2012 and 2013 pilot workshops not only have exchanged teaching materials they have produced, but they are also promoting the importance of this curriculum to their colleagues both within and beyond their institutions. More than 900 people attended the nineteen (19) workshops and conference presentations cerf+ staff provided. In addition, our staff served as career-strengthening resources for artists by having our information booth at several conferences and art shows, such as the national council on education for the ceramic arts (nceca) and convergence, a conference of the handweavers guild of america in fiscal year 2014, cerf+ continued to provide a leadership role in building new alliances between the arts sector and the general emergency management field. Our national advocacy efforts to change the interpretation of artists' (and other self-employed workers) eligibility for post-disaster tool and equipment replacement by the federal emergency management agency (fema) continued to be one of two policy position priorities adopted by the national voluntary organizations active in disaster (nvoad). Cerf+'s director of programs was a featured presenter at nvoad's annual conference describing efforts within the arts community to become more disaster resilient and highlighting how the arts sector can contribute to recovery in communities after disasters.

Form 990, Part XI, Line 9

Cost of goods sold 8,056 cost of goods sold -8,056

Financial Statement Notes

Schedule D, Page 3, Part X

The organization believes it has adequate support for any tax position taken and, as such, has not recorded any liability for uncertain tax positions.

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

COST OF GOODS SOLD 8,056

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

COST OF GOODS SOLD 8,056

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IRS990/MissionDesc0CRAFT EMERGENCY RELIEF FUND, INC. IS A NATIONAL ARTIST SERVICE ORGANIZATION WHOSE MISSION IS TO SAFEGUARD AND SUSTAIN THE CAREERS OF CRAFT ARTISTS AND TO PROVIDE EMERGENCY RESOURCES THAT BENEFIT ALL ARTISTS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0IN FISCAL YEAR 2014, CERF+'S PREPAREDNESS AND RESILIENCY BUILDING PROGRAMS LARGELY FOCUSED ON THREE AREAS: INCREASING INFORMATION ABOUT AND ACCESS TO BUSINESS INSURANCE; EDUCATING THE NEXT GENERATION OF MAKERS ABOUT CAREER PROTECTION; AND SPEARHEADING A NATIONAL MOVEMENT IN THE ARTS SECTOR TO IMPROVE THE OVERALL SAFETY-NET FOR ARTISTS BEFORE, DURING AND AFTER DISASTERS. THROUGH THESE EFFORTS, WE SERVED 951 INDIVIDUALS WITH BUSINESS STRENGTHENING COUNSELING (INCLUDING EDUCATION ABOUT BUSINESS INSURANCE) ALONG WITH WORKSHOPS/EDUCATIONAL PRESENTATIONS ON SAFEGUARDING ARTISTIC CAREERS. CERF+'S CAREER PROTECTION CURRICULUM TRAINING EXPANDED WITH NINE (9) PARTICIPANTS FROM SEVEN (7) NATIONALLY-RECOGNIZED INDEPENDENT ART SCHOOLS AND COLLEGE ART DEPARTMENTS. THIS "TRAIN THE TRAINER" PROGRAM INTRODUCES FACULTY AND CAREER SERVICES STAFF TO TECHNIQUES OF INTEGRATING THE TOPIC OF RISK MANAGEMENT INTO THEIR PROFESSIONAL PRACTICE COURSES AND WORKSHOPS. SINCE THE LAUNCH OF THIS TRAINING PROGRAM IN 2012, ELEVEN (11) SCHOOLS HAVE SENT REPRESENTATIVES. IN THE 2013-14 ACADEMIC YEAR, WE ESTIMATE THAT MORE THAN 300 STUDENTS (IN BFA, MFA AND CERTIFICATE PROGRAMS) RECEIVED INSTRUCTION IN STRATEGIES TO SAFEGUARD A CREATIVE CAREER. GRADUATES OF THE 2012 AND 2013 PILOT WORKSHOPS NOT ONLY HAVE EXCHANGED TEACHING MATERIALS THEY HAVE PRODUCED, BUT THEY ARE ALSO PROMOTING THE IMPORTANCE OF THIS CURRICULUM TO THEIR COLLEAGUES BOTH WITHIN AND BEYOND THEIR INSTITUTIONS. MORE THAN 900 PEOPLE ATTENDED THE NINETEEN (19) WORKSHOPS AND CONFERENCE PRESENTATIONS CERF+ STAFF PROVIDED. IN ADDITION, OUR STAFF SERVED AS CAREER-STRENGTHENING RESOURCES FOR ARTISTS BY HAVING OUR INFORMATION BOOTH AT SEVERAL CONFERENCES AND ART SHOWS, SUCH AS THE NATIONAL COUNCIL ON EDUCATION FOR THE CERAMIC ARTS (NCECA) AND CONVERGENCE, A CONFERENCE OF THE HANDWEAVERS GUILD OF AMERICA IN FISCAL YEAR 2014, CERF+ CONTINUED TO PROVIDE A LEADERSHIP ROLE IN BUILDING NEW ALLIANCES BETWEEN THE ARTS SECTOR AND THE GENERAL EMERGENCY MANAGEMENT FIELD. OUR NATIONAL ADVOCACY EFFORTS TO CHANGE THE INTERPRETATION OF ARTISTS' (AND OTHER SELF-EMPLOYED WORKERS) ELIGIBILITY FOR POST-DISASTER TOOL AND EQUIPMENT REPLACEMENT BY THE FEDERAL EMERGENCY MANAGEMENT AGENCY (FEMA) CONTINUED TO BE ONE OF TWO POLICY POSITION PRIORITIES ADOPTED BY THE NATIONAL VOLUNTARY ORGANIZATIONS ACTIVE IN DISASTER (NVOAD). CERF+'S DIRECTOR OF PROGRAMS WAS A FEATURED PRESENTER AT NVOAD'S ANNUAL CONFERENCE DESCRIBING EFFORTS WITHIN THE ARTS COMMUNITY TO BECOME MORE DISASTER RESILIENT AND HIGHLIGHTING HOW THE ARTS SECTOR CAN CONTRIBUTE TO RECOVERY IN COMMUNITIES AFTER DISASTERS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0IN FISCAL YEAR 2014, CERF+ CONTINUED ITS ROLE AS CO-CHAIR OF THE NATIONAL COALITION FOR ARTS' PREPAREDNESS AND EMERGENCY RESPONSE ALONG WITH SOUTH ARTS, A REGIONAL ARTS ORGANIZATION BASED IN ATLANTA, GA. DURING THIS TIME, THE COALITION STEERING COMMITTEE WORKED WITH TWO CONSULTANTS TO PRODUCE A SEVEN-YEAR STRATEGIC AND OPERATIONAL PLAN FOR ITS EVOLUTION FROM AN INFORMAL TASK FORCE TO A SUSTAINABLE/STABLE NATIONAL NETWORK OF ARTS RESPONDERS. WE HAVE BEGUN TO IMPLEMENT THE PLAN AS WELL AS INITIATED PLANNING FOR A NEW ARTS RESPONDER NETWORK IN ILLINOIS. CERF+ ALSO WAS ONE OF THE CHIEF PLANNERS FOR A FALL 2014 DAY-LONG SUMMIT OF GRANTMAKERS IN THE ARTS TO DISCUSS HOW TO ADDRESS THE HUMAN NEEDS OF ARTISTS IN THE WAKE OF DISASTERS.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.85$0.03$3.82$1.84$2.12$0.28
2023Detailed filing. Detailed filing data is available for this year.$3.76$0.08$3.68$2.01$2.05$0.04
2022Detailed filing. Detailed filing data is available for this year.$3.59$0.09$3.49$2.50$1.88$0.61
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.07$3.46$2.09$1.79$0.30
2020Detailed filing. Detailed filing data is available for this year.$3.30$0.27$3.03$2.99$2.27$0.72
2019Detailed filing. Detailed filing data is available for this year.$2.30$0.07$2.23$1.55$1.06$0.49
2018Detailed filing. Detailed filing data is available for this year.$1.74$0.04$1.70$1.48$1.40$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.68$0.05$1.63$1.18$0.97$0.20
2016Detailed filing. Detailed filing data is available for this year.$1.42$0.06$1.36$0.60$0.92$0.32
2015Detailed filing. Detailed filing data is available for this year.$1.67$0.06$1.61$1.00$0.86$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.04$1.54$1.44$0.80$0.64
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.06$0.90$0.76$0.79$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.05$0.92$0.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.05$0.89$0.69
Peer Organizations

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