Civic Intelligence

The Umbrella Project Inc

EIN 13-3582462 • 501(c)3 • Phoenix, AZ

Profile

Utilize children's art to increase public awareness.

4747 E Elliot Rd Ste 29-515Phoenix, AZ 85044

www.umbrellaproject.org

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

3rd percentile

-1409%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

85th percentile

$9,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 658.4% of source-year revenue.

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

Asset Growth

30th percentile

-23%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

50th percentile

-2.3%

Faster revenue growth than 50% of similar nonprofits.

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

Assets

Down

$63,243

Down $19,264 (-23%) from 2020

Liabilities

Flat

$108

Flat from 2020

Net Assets

Down

$63,135

Down $19,264 (-23%) from 2020

Revenue

Down

$1,367

Down $32 (-2.3%) from 2020

Expenses

Up

$20,631

Up $4,266 (+26%) from 2020

Net Income

Down

-$19,264

Down $4,298 (-29%) from 2020

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $146,896Liabilities 2011: $02011Assets 2012: $124,029Liabilities 2012: $02012Assets 2013: $155,290Liabilities 2013: $02013Assets 2014: $228,120Liabilities 2014: $02014Assets 2015: $206,891Liabilities 2015: $102015Assets 2016: $179,749Liabilities 2016: $0Net Assets 2016: $179,7492016Assets 2017: $142,863Liabilities 2017: $0Net Assets 2017: $142,8632017Assets 2018: $121,362Liabilities 2018: $0Net Assets 2018: $121,3622018Assets 2019: $97,473Liabilities 2019: $108Net Assets 2019: $97,3652019Assets 2020: $82,507Liabilities 2020: $108Net Assets 2020: $82,3992020Assets 2021: $63,243Liabilities 2021: $108Net Assets 2021: $63,1352021

Highlighted filing

2021

Assets$63,243
Liabilities$108
Net Assets$63,135

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $34,825Expenses 2011: $56,617Net Income 2011: -$21,7922011Revenue 2012: $29,174Expenses 2012: $52,041Net Income 2012: -$22,8672012Revenue 2013: $68,972Expenses 2013: $37,711Net Income 2013: $31,2612013Revenue 2014: $119,074Expenses 2014: $46,244Net Income 2014: $72,8302014Revenue 2015: $9,760Expenses 2015: $30,999Net Income 2015: -$21,2392015Revenue 2016: $15,896Expenses 2016: $43,028Net Income 2016: -$27,1322016Revenue 2017: $5,367Expenses 2017: $45,407Net Income 2017: -$40,0402017Revenue 2018: $14,972Expenses 2018: $36,473Net Income 2018: -$21,5012018Revenue 2019: $14,750Expenses 2019: $38,747Net Income 2019: -$23,9972019Revenue 2020: $1,399Expenses 2020: $16,365Net Income 2020: -$14,9662020Revenue 2021: $1,367Expenses 2021: $20,631Net Income 2021: -$19,2642021

Highlighted filing

2021

Revenue$1,367
Expenses$20,631
Net Income-$19,264

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 15, 2022
Return Version
2021v4.0
Gross Receipts
$1,367
Mission and Program Overview

Mission

Utilize children's art to increase public awareness.

Utilize art centered fundraising improve the lives of chiodlren, families, communities, veterans and animals big and small.

Program Services

DescriptionGrantsExpenses
MAIN FOCUS:THE UMBRELLA PROJECT WAS BUSY IN 2021 RESTRUCTURING HOW WE MANAGE OUR CHARITABLE EVENTS DUE TO THE RESTRICTIONS BROUGHT ON BY WORLDWIDE COVID-19 PANDEMIC. THE MAJORITY OF OUR CHARITABLE DONATIONS TYPICALLY ORIGINATE FROM UMBRELLA SALES AT LIVE EVENTS. DUE TO THE VIRUS, ALL REGULARLY SCHEDULED EVENTS WERE CANCELED. TO MAKE IT POSSIBLE FOR US TO CONTIUE RAISING FUNDS IN THE INTERIM, WE RESTOCKED OUR ONLINE STORE, REVAMPED OUR WEBSITE, RECRUITED MORE ARTISTS TO PAINT UMBRELLAS WHILE THEY WERE QUARANTINED AT HOME. AT THE END OF THE YEAR WE HAD OUR FIRST ANNUAL RETREAT WHICH WE BRAINSTORMED HOW TO BETTER SERVE OUR VETERAN POPULATION IN 2022. EMPHASIS IN THE UPCOMING YEAR WILL BE ON RAISING FUNDS TO TRAIN SERVICE DOGS FOR DISABLED VETERANS.$1,367$20,405
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GRETCHEN MAYNARDChairmanPT$9,000-$9,000
JACQUELIN FRUSETTATreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
The Umbrella Project Inc
EIN
13-3582462
Phone
6023306768
Address
4747 E ELLIOT RD STE 29-515, PHOENIX, AZ 85044

Signing Officer

Name
Jacquelin Frusetta
Title
Treasurer
Signed
2022-10-15
Discuss with paid preparer
Yes

Preparer

Firm
Weech Financial Pllc
Address
4135 S POWER RD STE 124, MESA, AZ 85212
Preparer
Mark J Weech
Phone
4805580700
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $257

Other Expenses.1007

Conferences, Conventions, and Meetings $7832

Other Expenses.1009

Depreciation $53

Other Expenses.1010

Amortization $175

Other Expenses.1

STORAGE $961

Other Expenses.2

TELEPHONE $807

Other Expenses.3

WEBSITE $354

Other Expenses.4

LICENSES & PERMITS $165

Other Expenses.5

Dues & subscriptions $159

Other Expenses.7

BANK FEES $122

Other Expenses.8

FEES $20

Other Assets.1003

Machinery and Equipment - Beginning $449 Machinery and Equipment - Ending $396

Other Assets.1010

Inventories - Beginning $3114 Inventories - Ending $3114

Other Assets.1012

Intangible Assets - Beginning $437 Intangible Assets - Ending $262

Total Liabilities.1

Sales Tax Payable - Beginning $108 Sales Tax Payable - Ending $108

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