Civic Intelligence

Peter Westbrook Foundation Inc.

990 • Fiscal year 2013 • EIN 13-3412917

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 25, 2014

Gpo 7554New York, NY 10116

(212) 280-2771

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

12th percentile

0.01x

Higher debt load relative to revenue than 12% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

95th percentile

72%

Higher net margin than 95% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

58th percentile

$126,408

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

91st percentile

36%

Faster asset growth than 91% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

82nd percentile

31%

Faster revenue growth than 82% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2013

Assets

Up

$7,410,418

Up $1,963,095 (+36%) from 2012

Net Assets

Up

$7,391,219

Up $1,951,089 (+36%) from 2012

Liabilities

Up

$19,199

Up $12,006 (+167%) from 2012

Revenue

$1,788,752

No earlier filing loaded for comparison.

Expenses

Up

$497,649

Up $30,103 (+6.4%) from 2012

Net Income

$1,291,103

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $4,412,962Liabilities 2011: $9,278Net Assets 2011: $4,403,6842011Assets 2012: $5,447,323Liabilities 2012: $7,193Net Assets 2012: $5,440,1302012Assets 2013: $7,410,418Liabilities 2013: $19,199Net Assets 2013: $7,391,2192013Assets 2014: $9,423,503Liabilities 2014: $20,085Net Assets 2014: $9,403,4182014Assets 2015: $10,284,896Liabilities 2015: $26,596Net Assets 2015: $10,258,3002015Assets 2016: $12,215,843Liabilities 2016: $10,705Net Assets 2016: $12,205,1382016Assets 2017: $13,885,497Liabilities 2017: $17,482Net Assets 2017: $13,868,0152017Assets 2018: $12,338,339Liabilities 2018: $22,602Net Assets 2018: $12,315,7372018Assets 2019: $14,652,165Liabilities 2019: $31,511Net Assets 2019: $14,620,6542019Assets 2020: $15,087,183Liabilities 2020: $17,662Net Assets 2020: $15,069,5212020Assets 2021: $16,396,648Liabilities 2021: $58,634Net Assets 2021: $16,338,0142021Assets 2022: $13,823,089Liabilities 2022: $32,231Net Assets 2022: $13,790,8582022Assets 2023: $14,857,537Liabilities 2023: $31,161Net Assets 2023: $14,826,3762023Assets 2024: $16,286,102Liabilities 2024: $48,864Net Assets 2024: $16,237,2382024

Highlighted filing

2013

Assets$7,410,418
Liabilities$19,199
Net Assets$7,391,219

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,038,746Expenses 2011: $437,303Net Income 2011: $601,4432011Expenses 2012: $467,5462012Revenue 2013: $1,788,752Expenses 2013: $497,649Net Income 2013: $1,291,1032013Revenue 2014: $3,501,058Expenses 2014: $866,888Net Income 2014: $2,634,1702014Revenue 2015: $1,952,323Expenses 2015: $605,082Net Income 2015: $1,347,2412015Revenue 2016: $2,496,776Expenses 2016: $549,938Net Income 2016: $1,946,8382016Revenue 2017: $2,270,302Expenses 2017: $607,425Net Income 2017: $1,662,8772017Revenue 2018: $431,079Expenses 2018: $669,587Net Income 2018: -$238,5082018Revenue 2019: $512,906Expenses 2019: $839,142Net Income 2019: -$326,2362019Revenue 2020: $548,408Expenses 2020: $668,635Net Income 2020: -$120,2272020Revenue 2021: $694,510Expenses 2021: $895,569Net Income 2021: -$201,0592021Revenue 2022: $563,825Expenses 2022: $973,141Net Income 2022: -$409,3162022Revenue 2023: $559,067Expenses 2023: $969,164Net Income 2023: -$410,0972023Revenue 2024: $732,090Expenses 2024: $1,043,492Net Income 2024: -$311,4022024

Highlighted filing

2013

Revenue$1,788,752
Expenses$497,649
Net Income$1,291,103
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 25, 2014
Return Version
2013v3.1
Gross Receipts
$1,788,752
Mission and Program Overview

Mission

The foundation's mission is to utilize the sport of fencing as a vehicle to develop life skills in young people from underserved communities

The foundation's mission is to utilize the sport of fencing as a vehicle to develop life skill in young people from underserved communities

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,291,375$7,223,361▲ $1,931,986
Cash and Non-Interest-Bearing Accounts$154,948$180,876▲ $25,928
Prepaid Expenses and Deferred Charges$1,000$3,573▲ $2,573
Land, Buildings, and Equipment, Net-$2,608-
Total Assets$5,447,323$7,410,418▲ $1,963,095
Liabilities
Accounts Payable and Accrued Expenses$7,193$19,199▲ $12,006
Total Liabilities$7,193$19,199▲ $12,006
Net Assets / Fund Balance
Permanently Rstr Net Assets$5,113,745$7,023,816▲ $1,910,071
Unrestricted Net Assets$326,385$367,403▲ $41,018
Total Net Assets Fund Balance$5,440,130$7,391,219▲ $1,951,089
Total Liabilities and Net Assets / Fund Balance$5,447,323$7,410,418▲ $1,963,095

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,608$79,864$82,472

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$5,113,745$446,100▲ $1,636,804$172,833$7,023,816
2012$4,075,187$437,000▲ $601,558-$5,113,745
2011$3,575,513$608,500-$108,826$4,075,187
2010$2,830,513$745,000--$3,575,513
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peter WestbrookCEOFT$126,408$126,408

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$615,320
Program Service Revenue
$196,556
Investment Income
$976,876
Other Revenue
$0
All Other Contributions
$615,320
Change in Net Assets
$1,291,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$294,422
Salaries, Compensation, and Employee Benefits$203,227
Total Fundraising Expense$52,958
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$80,675$25,407$20,325$126,407
Other Expenses$64,237$0$0$64,237
All Other Expenses$25,046$11,722$2,857$39,625
Other Employee Benefits$21,522$4,919$4,304$30,745
Other Salaries and Wages$19,542$6,154$4,923$30,619
Occupancy$29,098$0$0$29,098
Fees for Services Other$10,756$0$18,210$28,966
Fees for Services Accounting$0$22,740$0$22,740
Payroll Taxes$8,369$1,913$1,674$11,956
Office Expenses$4,311$2,260$0$6,571
Pension Plan Contributions$2,275$560$665$3,500
Insurance$1,356$685$0$2,041
Travel$423$1,495$0$1,918
Depreciation Depletion$186$0$0$186
Total Functional Expenses$366,836$77,855$52,958$497,649
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
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
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
Filing and Contact Details

Filer

EIN
13-3412917
Phone
2122802771

Signing Officer

Name
Peter Westbrook
Title
CEO
Phone
2122802771
Signed
2014-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Westbrook
Formed
1987
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
10
Employees
3
Volunteers
20

Preparer

Preparer
Sanjay Singla CPA
Phone
2127859700
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 is reviewed by board before filing

Pt VI, Line 12C

At every annual meeting of the board, members are asked to

Pt VI, Line 12C

Disclose their conflict, if any

Pt VI, Line 15A

Compensation of officers and key employees are reviewed by independent

Pt VI, Line 15B

Board members. Board reviews and determines compensation based upon skills,

Pt VI, Line 15B

Job requirements and comparable salaries in not-for-profit sector

Pt VI, Line 19

The organization's financial statements and 990 are publicly

Pt VI, Line 19

Available on the website of the new york state attorney general.

Pt VI, Line 19

Policies and documents are available to the public upon request

Pt VI, Line 19

At the office of the organization

Form 990, Part IX, Line 24F

Academic scholarship 1434. 1434. 0. 0. Creative expression 1925. 1925. 0. 0. Contribution and gifts 3559. 0. 3559. 0. Trophies and t-shirts 10058. 10058. 0. 0. Postage and delivery 1648. 412. 824. 412. Printing and reproduction 1582. 0. 1582. 0. Telephone 3445. 1723. 861. 861. Demonstrations 1935. 1935. 0. 0. Repairs and maintenance 1173. 0. 1173. 0. Meals and entertainment 7030. 6663. 367. 0. Dues and subsription 1584. 0. 0. 1584. Miscellaneous 4252. 896. 3356. 0.

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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/PensionPlanContributionsGrp/FundraisingAmt0665
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0560
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02275
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IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt05113745
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt07023816
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03573
IRS990/PrincipalOfficerNm0PETER WESTBROOK
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IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0196556
IRS990/ProgSrvcAccomActy2Grp/Desc0AFTER SCHOOL LEADERSHIP PROGRAM: THIS IS AN INTENSIVE FENCING PROGRAM THAT TRAINS STUDENTS TO COMPETE NATIONALLY AND INTERNATIONALLY
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt0102500
IRS990/ProgSrvcAccomActy3Grp/Desc0ACADEMIN PROGRAMS STRESS EDUCATIONAL AND ACADEMIC PERFORMANCE AS CORE PRIORITIES FOR ALL THE ORGANIZATION'S PROGRAM PARTICIPANTS. THROUGH THE ACADEMIC ENRICHMENT AND ACADEMIC SCHOLARSHIP PROGRAM, THE ORGANIZATION SET STUDENTS ON THE ROAD TO LONG-TERM SUCCESS
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IRS990/PYExcessBenefitTransInd0false
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IRS990/PYSalariesCompEmpBnftPaidAmt0185727
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0902434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0980965
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01059580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0664483
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0976876
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0157438
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IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01636804
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0172833
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0437000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05113745
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY BOARD BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT EVERY ANNUAL MEETING OF THE BOARD, MEMBERS ARE ASKED TO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCLOSE THEIR CONFLICT, IF ANY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY INDEPENDENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS. BOARD REVIEWS AND DETERMINES COMPENSATION BASED UPON SKILLS,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5JOB REQUIREMENTS AND COMPARABLE SALARIES IN NOT-FOR-PROFIT SECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S FINANCIAL STATEMENTS AND 990 ARE PUBLICLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE ON THE WEBSITE OF THE NEW YORK STATE ATTORNEY GENERAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8POLICIES AND DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9AT THE OFFICE OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ACADEMIC SCHOLARSHIP 1434. 1434. 0. 0. CREATIVE EXPRESSION 1925. 1925. 0. 0. CONTRIBUTION AND GIFTS 3559. 0. 3559. 0. TROPHIES AND T-SHIRTS 10058. 10058. 0. 0. POSTAGE AND DELIVERY 1648. 412. 824. 412. PRINTING AND REPRODUCTION 1582. 0. 1582. 0. TELEPHONE 3445. 1723. 861. 861. DEMONSTRATIONS 1935. 1935. 0. 0. REPAIRS AND MAINTENANCE 1173. 0. 1173. 0. MEALS AND ENTERTAINMENT 7030. 6663. 367. 0. DUES AND SUBSRIPTION 1584. 0. 0. 1584. MISCELLANEOUS 4252. 896. 3356. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24f
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt05447323
IRS990/TotalAssetsGrp/EOYAmt07410418
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0615320
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt052958
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077855
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0366836
IRS990/TotalFunctionalExpensesGrp/TotalAmt0497649
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07193
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IRS990/TotalLiabilitiesGrp/BOYAmt07193
IRS990/TotalLiabilitiesGrp/EOYAmt019199
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05440130

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.3$0.05$16.2$0.73$1.04$0.31
2023Detailed filing. Detailed filing data is available for this year.$14.9$0.03$14.8$0.56$0.97$0.41
2022Detailed filing. Detailed filing data is available for this year.$13.8$0.03$13.8$0.56$0.97$0.41
2021Detailed filing. Detailed filing data is available for this year.$16.4$0.06$16.3$0.69$0.90$0.20
2020Detailed filing. Detailed filing data is available for this year.$15.1$0.02$15.1$0.55$0.67$0.12
2019Detailed filing. Detailed filing data is available for this year.$14.7$0.03$14.6$0.51$0.84$0.33
2018Detailed filing. Detailed filing data is available for this year.$12.3$0.02$12.3$0.43$0.67$0.24
2017Detailed filing. Detailed filing data is available for this year.$13.9$0.02$13.9$2.27$0.61$1.66
2016Detailed filing. Detailed filing data is available for this year.$12.2$0.01$12.2$2.50$0.55$1.95
2015Detailed filing. Detailed filing data is available for this year.$10.3$0.03$10.3$1.95$0.61$1.35
2014Detailed filing. Detailed filing data is available for this year.$9.42$0.02$9.40$3.50$0.87$2.63
2013Detailed filing. Detailed filing data is available for this year.$7.41$0.02$7.39$1.79$0.50$1.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.45$0.01$5.44$0.47
2011Summary only. Only limited summary data is available for this year.$4.41$0.01$4.40$1.04$0.44$0.60