Civic Intelligence

The Volpert Foundation

990PF • Fiscal year 2020 • EIN 13-3802670

Sep 01, 2019 to Aug 31, 2020 • Filed on Jun 15, 2021

48 East 92nd SteetNew York, NY 10128

(212) 906-0700

Siviq Scores

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

Liabilities / Assets

74th percentile

0.00x

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

2020 filings • NTEE T • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

71st percentile

0.00x

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

2020 filings • NTEE T • $1M-$5M nonprofits • Source year 2020

Net Margin

82nd percentile

69%

Higher net margin than 82% of similar nonprofits.

2020 filings • NTEE T • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • NTEE T • $1M-$5M nonprofits • Source year 2020

Asset Growth

77th percentile

12%

Faster asset growth than 77% of similar nonprofits.

2020 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

197%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$569,340

Up $60,675 (+12%) from 2019

Net Assets

Up

$569,340

Up $60,675 (+12%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$1,512,587

Up $1,002,992 (+197%) from 2019

Expenses

Down

$465,281

Down $269,913 (-37%) from 2019

Net Income

Up

$1,047,306

Up $1,272,905 (+564%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,953,951Liabilities 2011: $02011Assets 2012: $2,032,973Liabilities 2012: $02012Assets 2013: $1,852,219Liabilities 2013: $02013Assets 2014: $1,222,875Liabilities 2014: $02014Assets 2015: $814,783Liabilities 2015: $02015Assets 2019: $508,665Liabilities 2019: $0Net Assets 2019: $508,6652019Assets 2020: $569,340Liabilities 2020: $0Net Assets 2020: $569,3402020Assets 2021: $259,019Liabilities 2021: $0Net Assets 2021: $259,0192021Assets 2022: $881,205Liabilities 2022: $0Net Assets 2022: $881,2052022Assets 2023: $854,158Liabilities 2023: $0Net Assets 2023: $854,1582023Assets 2024: $688,461Liabilities 2024: $200,000Net Assets 2024: $488,4612024

Highlighted filing

2020

Assets$569,340
Liabilities$0
Net Assets$569,340

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $724,629Expenses 2011: $873,988Net Income 2011: -$149,3592011Revenue 2012: $358,966Expenses 2012: $323,179Net Income 2012: $35,7872012Revenue 2013: $491,137Expenses 2013: $671,890Net Income 2013: -$180,7532013Revenue 2014: $132,713Expenses 2014: $762,059Net Income 2014: -$629,3462014Revenue 2015: $261,470Expenses 2015: $669,563Net Income 2015: -$408,0932015Revenue 2019: $509,595Expenses 2019: $735,194Net Income 2019: -$225,5992019Revenue 2020: $1,512,587Expenses 2020: $465,281Net Income 2020: $1,047,3062020Revenue 2021: $629,238Expenses 2021: $1,272,475Net Income 2021: -$643,2372021Revenue 2022: $6,580,208Expenses 2022: $1,863,595Net Income 2022: $4,716,6132022Revenue 2023: $714,556Expenses 2023: $1,418,253Net Income 2023: -$703,6972023Revenue 2024: $710,501Expenses 2024: $1,597,535Net Income 2024: -$887,0342024

Highlighted filing

2020

Revenue$1,512,587
Expenses$465,281
Net Income$1,047,306
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jun 15, 2021
Return Version
2019v5.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARRY S VOLPERTTrustee/Part-Time-$0--
TERI C VOLPERTTrustee/Part-Time-$0--
MICHAEL L VOLPERTTrustee/Part-Time-$0--
STEVEN C VOLPERTTrustee/Part-Time-$0--
LAUREN G VOLPERTTrustee/Part-Time-$0--
Filing and Contact Details

Filer

Filer Name
The Volpert Foundation
EIN
13-3802670
In Care Of
% ERNST & YOUNG LLP
Phone
2129060700
Address
48 EAST 92ND STEET, NEW YORK, NY 10128

Signing Officer

Name
Barry Volpert
Title
Trustee
Phone
2124400800
Signed
2021-06-15

Preparer

Firm
Ernst & Young US Llp
Address
5 TIMES SQUARE, NEW YORK, NY 10036
Preparer
Brian Stroh
Phone
2127733000
Raw XML Appendix366 raw XML fields

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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IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt0445423
IRS990PF/QualifyingDistriPartXIIGrp/ProgramRelatedInvstTotalAmt00
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt0445423
IRS990PF/QualifyingDistriPartXIIGrp/SetAsideCashDistriTestAmt00
IRS990PF/QualifyingDistriPartXIIGrp/SetAsideSuitabilityTestAmt00
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0true
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/MaintainedExpenditureRspnsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransactionsFailToQlfyAsExcInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt05 TIMES SQUARE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0NEW YORK
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd010036
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NY
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0ERNST & YOUNG LLP
IRS990PF/StatementsRegardingActyGrp/PhoneNum02124400839
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0REVENUE CODE SECTION 501(C)(3).
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/Description2Txt0N/A
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0BARRY S VOLPERT
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm148 EAST 92ND STREET
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm2NEW YORK NY 10128
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt0434919
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0GENERAL SUPPORT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0SEE ATTACHED STATEMENT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0SEE ATTACHED STATEMENT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine2Txt0SEE ATTACHED STATEMENT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0SEE ATTACHED STATEMENT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd000000
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm0NONE
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0434919
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0101751
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0101751
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt0604980
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt01064941
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt01083143
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt0638714
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt0545902
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt0545902
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt03735450
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt0343672
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt0604980
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt01064941
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt01083143
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt0638714
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02017
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02016
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02015
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0445423
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt0343672
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt04281352
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt03937680
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0BARRY S VOLPERT
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt048 EAST 92ND STREET
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0NEW YORK
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd010128
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt01037970
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt036018
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt10
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0TPG-AXON PARTNERS O/S LTD
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc1TPG-AXON PARTNERS O/S LTD SPV
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt036018
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt10
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt028402
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt1291
OtherDecreasesSchedule/OtherDecreasesDetail/Amt0986631
OtherDecreasesSchedule/OtherDecreasesDetail/Amt10
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0EXCESS OF FMV OVER DONOR'S BASIS OF
OtherDecreasesSchedule/OtherDecreasesDetail/Desc1OF SECURITIES DONATED TO THE FOUNDATION
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0OTHER CHARITABLE EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt06154
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt06154
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt015508
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0NEUBERGER-BERMAN MGMT FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt015508
TaxesSchedule/TaxesDetail/CategoryTxt0FED'L TAX - EXTENSION W/990-PF
TaxesSchedule/TaxesDetail/CategoryTxt1FYE 08/31/2018
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BARRY VOLPERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02124400800
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE VOLPERT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VOLP
ReturnHeader/Filer/EIN0133802670
ReturnHeader/Filer/InCareOfNm0% ERNST & YOUNG LLP
ReturnHeader/Filer/PhoneNum02129060700
ReturnHeader/Filer/USAddress/AddressLine1Txt048 EAST 92ND STEET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010128
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05 TIMES SQUARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010036
ReturnHeader/PreparerPersonGrp/PhoneNum02127733000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Brian Stroh
ReturnHeader/ReturnTs02021-07-15T16:39:21-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02019-09-01
ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

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