Civic Intelligence

The Hunter Foundation Inc

990 • Fiscal year 2015 • EIN 14-1798918

Oct 01, 2014 to Sep 30, 2015 • Filed on Mar 28, 2016

PO Box 563 - 5980 Main StreetTannersville, NY 12485

(518) 589-5050

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.01x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

3.20x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

16th percentile

-12%

Higher net margin than 16% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

71st percentile

7.9%

Faster asset growth than 71% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

22nd percentile

-8.6%

Faster revenue growth than 22% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$8,679,475

Up $637,586 (+7.9%) from 2014

Net Assets

Down

-$88,067

Down $606,201 (-117%) from 2014

Liabilities

Up

$8,767,542

Up $1,243,787 (+17%) from 2014

Revenue

Down

$2,739,451

Down $259,064 (-8.6%) from 2014

Expenses

Up

$3,058,238

Up $718,538 (+31%) from 2014

Net Income

Down

-$318,787

Down $977,602 (-148%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $10,552,238Liabilities 2010: $10,314,705Net Assets 2010: $237,5332010Assets 2011: $11,241,243Liabilities 2011: $11,154,032Net Assets 2011: $87,2112011Assets 2012: $9,376,806Liabilities 2012: $9,362,143Net Assets 2012: $14,6632012Assets 2013: $8,603,599Liabilities 2013: $8,019,617Net Assets 2013: $583,9822013Assets 2014: $8,041,889Liabilities 2014: $7,523,755Net Assets 2014: $518,1342014Assets 2015: $8,679,475Liabilities 2015: $8,767,542Net Assets 2015: -$88,0672015Assets 2016: $7,689,086Liabilities 2016: $7,454,871Net Assets 2016: $234,2152016Assets 2017: $9,116,138Liabilities 2017: $8,355,957Net Assets 2017: $760,1812017Assets 2018: $11,747,535Liabilities 2018: $10,802,083Net Assets 2018: $945,4522018Assets 2019: $12,621,040Liabilities 2019: $10,652,106Net Assets 2019: $1,968,9342019Assets 2020: $12,288,373Liabilities 2020: $10,931,287Net Assets 2020: $1,357,0862020Assets 2021: $12,378,848Liabilities 2021: $10,916,022Net Assets 2021: $1,462,8262021Assets 2022: $12,463,051Liabilities 2022: $10,684,115Net Assets 2022: $1,778,9362022Assets 2023: $10,793,703Liabilities 2023: $9,757,028Net Assets 2023: $1,036,6752023Assets 2024: $10,103,818Liabilities 2024: $8,738,363Net Assets 2024: $1,365,4552024

Highlighted filing

2015

Assets$8,679,475
Liabilities$8,767,542
Net Assets-$88,067

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $988,4132010Expenses 2011: $1,419,8002011Expenses 2012: $4,520,8052012Expenses 2013: $3,677,3852013Revenue 2014: $2,998,515Expenses 2014: $2,339,700Net Income 2014: $658,8152014Revenue 2015: $2,739,451Expenses 2015: $3,058,238Net Income 2015: -$318,7872015Revenue 2016: $1,843,550Expenses 2016: $1,587,356Net Income 2016: $256,1942016Revenue 2017: $1,975,055Expenses 2017: $1,470,959Net Income 2017: $504,0962017Revenue 2018: $1,939,228Expenses 2018: $1,830,377Net Income 2018: $108,8512018Revenue 2019: $2,947,957Expenses 2019: $1,924,475Net Income 2019: $1,023,4822019Revenue 2020: $2,123,087Expenses 2020: $2,099,921Net Income 2020: $23,1662020Revenue 2021: $1,987,910Expenses 2021: $1,880,671Net Income 2021: $107,2392021Revenue 2022: $1,906,208Expenses 2022: $1,582,393Net Income 2022: $323,8152022Revenue 2023: $976,756Expenses 2023: $1,984,369Net Income 2023: -$1,007,6132023Revenue 2024: $1,981,665Expenses 2024: $1,524,298Net Income 2024: $457,3672024

Highlighted filing

2015

Revenue$2,739,451
Expenses$3,058,238
Net Income-$318,787
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Mar 28, 2016
Return Version
2014v6.0
Gross Receipts
$2,739,451
Mission and Program Overview

Mission

Programs and support activities to improve community, primarily in the town of hunter, ny. Programs focus on rehabilitation and renovation of the route 23a corridor through government, commercial, foundation and individual support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,542,270$7,993,108▲ $450,838
Investments Program Related$231,895$377,869▲ $145,974
Cash and Non-Interest-Bearing Accounts$196,558$137,966▼ $58,592
Investments Other Securities$14,359$102,945▲ $88,586
Accounts Receivable$3,542$37,251▲ $33,709
Intangible Assets$30,336$30,336→ $0
Inventories for Sale or Use$22,864--
Investments in Publicly Traded Securities$65--
Total Assets$8,041,889$8,679,475▲ $637,586
Liabilities
Unsecured Notes Loans Payable$7,386,574$8,670,142▲ $1,283,568
Accounts Payable and Accrued Expenses$43,853$53,057▲ $9,204
Escrow Account Liability$39,001$38,268▼ $733
Other Liabilities$54,327$6,075▼ $48,252
Total Liabilities$7,523,755$8,767,542▲ $1,243,787
Net Assets / Fund Balance
Temporarily Rstr Net Assets$44,860$22,311▼ $22,549
Unrestricted Net Assets$473,274$-110,378▼ $583,652
Total Net Assets Fund Balance$518,134$-88,067▼ $606,201
Total Liabilities and Net Assets / Fund Balance$8,041,889$8,679,475▲ $637,586

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,509,082-$3,509,082
Equipment$217,734$664,655$882,389
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,230,663
Program Service Revenue
$0
Investment Income
$16,155
Other Revenue
$492,633
All Other Contributions
$1,238,098
Change in Net Assets
$-318,787

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,739,451
Total Revenue per Audited Statements
$2,739,451
Total Revenue per Form 990
$2,739,451
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,902,463
Salaries, Compensation, and Employee Benefits$155,775
Total Fundraising Expense$18,529
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$213,318$26,924$18,529$258,771
Occupancy$183,702$4,929-$188,631
Other Expenses$169,110$8,960-$178,070
Other Salaries and Wages$84,856$70,919-$155,775
Insurance$126,658$12,353-$139,011
Fees for Services Other$85,371$1,635-$87,006
Office Expenses$34,453$8,822-$43,275
Travel$25,174$124-$25,298
Fees for Services Accounting$3,923$14,928-$18,851
Total Functional Expenses$2,887,454$152,255$18,529$3,058,238

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,058,238
Total Expenses per Audited Statements$3,058,238
Total Expenses per Form 990$3,058,238
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,709
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$27,709$27,709-$27,709
Total Events$27,709$27,709-$27,709
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$6,075
Other Payables-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Hunter Foundation Inc
EIN
14-1798918
Phone
5185895050
Address
PO BOX 563 - 5980 MAIN STREET, TANNERSVILLE, NY 12485

Signing Officer

Name
Anne Jakubowski
Title
Executive Director
Phone
5185895050
Signed
2016-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Jakubowski
Formed
1997
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
12

Preparer

Firm
Sicklertorchiaallen&churchillcpaspc
Address
4071 US ROUTE 9 STOP 1, HUDSON, NY 12534
Preparer
Michael a Torchia Jr
Phone
5188284616
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Programs and support activities to improve community, primarily in the town of hunter, ny. Programs focus on rehabilitation and renovation of the route 23a corridor through government, commercial, foundation and individual support.

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

Rehabilitated properties - program ans suppor activities to improve community, primarily in the town of hunter.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAMS AND SUPPORT ACTIVITIES TO IMPROVE COMMUNITY, PRIMARILY IN THE TOWN OF HUNTER, NY. PROGRAMS FOCUS ON REHABILITATION AND RENOVATION OF THE ROUTE 23A CORRIDOR THROUGH GOVERNMENT, COMMERCIAL, FOUNDATION AND INDIVIDUAL SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REHABILITATED PROPERTIES - PROGRAM ANS SUPPOR ACTIVITIES TO IMPROVE COMMUNITY, PRIMARILY IN THE TOWN OF HUNTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02016-08-17 19:52:53Z
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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.$10.1$8.74$1.37$1.98$1.52$0.46
2023Detailed filing. Detailed filing data is available for this year.$10.8$9.76$1.04$0.98$1.98$1.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$10.7$1.78$1.91$1.58$0.32
2021Detailed filing. Detailed filing data is available for this year.$12.4$10.9$1.46$1.99$1.88$0.11
2020Detailed filing. Detailed filing data is available for this year.$12.3$10.9$1.36$2.12$2.10$0.02
2019Detailed filing. Detailed filing data is available for this year.$12.6$10.7$1.97$2.95$1.92$1.02
2018Detailed filing. Detailed filing data is available for this year.$11.7$10.8$0.95$1.94$1.83$0.11
2017Detailed filing. Detailed filing data is available for this year.$9.12$8.36$0.76$1.98$1.47$0.50
2016Detailed filing. Detailed filing data is available for this year.$7.69$7.45$0.23$1.84$1.59$0.26
2015Detailed filing. Detailed filing data is available for this year.$8.68$8.77$0.09$2.74$3.06$0.32
2014Detailed filing. Detailed filing data is available for this year.$8.04$7.52$0.52$3.00$2.34$0.66
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.60$8.02$0.58$3.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.38$9.36$0.01$4.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$11.2$0.09$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$10.3$0.24$0.99