Civic Intelligence

Karen and Gary Dake Foundation for Children

990 • Fiscal year 2021 • EIN 14-1801175

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

PO Box 3575Saratoga Springs, NY 12866

(518) 226-0252

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2021 filings • NTEE T30 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

53rd percentile

0.00x

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

2021 filings • NTEE T30 • $500k-$1M nonprofits • Source year 2021

Net Margin

63rd percentile

18%

Higher net margin than 63% of similar nonprofits.

2021 filings • NTEE T30 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

84th percentile

$45,510

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 26.7% of source-year revenue.

2021 filings • NTEE T30 • $500k-$1M nonprofits • Source year 2021

Asset Growth

77th percentile

18%

Faster asset growth than 77% of similar nonprofits.

2021 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

86th percentile

273%

Faster revenue growth than 86% of similar nonprofits.

2021 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$829,142

Up $125,933 (+18%) from 2020

Net Assets

Up

$829,142

Up $130,283 (+19%) from 2020

Liabilities

Down

$0

Down $4,350 (-100%) from 2020

Revenue

Up

$170,754

Up $125,029 (+273%) from 2020

Expenses

Up

$140,373

Up $33,490 (+31%) from 2020

Net Income

Up

$30,381

Up $91,539 (+150%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,874,714Liabilities 2011: $915,054Net Assets 2011: $959,6602011Assets 2012: $1,891,338Liabilities 2012: $889,080Net Assets 2012: $1,002,2582012Assets 2013: $1,844,460Liabilities 2013: $861,507Net Assets 2013: $982,9532013Assets 2014: $1,764,576Liabilities 2014: $833,514Net Assets 2014: $931,0622014Assets 2015: $1,612,214Liabilities 2015: $802,727Net Assets 2015: $809,4872015Assets 2016: $1,535,672Liabilities 2016: $769,124Net Assets 2016: $766,5482016Assets 2017: $589,656Liabilities 2017: $1,565Net Assets 2017: $588,0912017Assets 2018: $555,986Liabilities 2018: $0Net Assets 2018: $555,9862018Assets 2019: $690,264Liabilities 2019: $4,200Net Assets 2019: $686,0642019Assets 2020: $703,209Liabilities 2020: $4,350Net Assets 2020: $698,8592020Assets 2021: $829,142Liabilities 2021: $0Net Assets 2021: $829,1422021Assets 2022: $797,430Liabilities 2022: $3,028Net Assets 2022: $794,4022022Assets 2023: $1,005,647Liabilities 2023: $6,885Net Assets 2023: $998,7622023Assets 2024: $1,198,230Liabilities 2024: $1,414Net Assets 2024: $1,196,8162024

Highlighted filing

2021

Assets$829,142
Liabilities$0
Net Assets$829,142

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $113,957Expenses 2011: $109,974Net Income 2011: $3,9832011Revenue 2012: $141,983Expenses 2012: $129,102Net Income 2012: $12,8812012Revenue 2013: $117,921Expenses 2013: $135,075Net Income 2013: -$17,1542013Revenue 2014: $110,537Expenses 2014: $141,651Net Income 2014: -$31,1142014Revenue 2015: $35,343Expenses 2015: $126,269Net Income 2015: -$90,9262015Revenue 2016: $33,391Expenses 2016: $106,400Net Income 2016: -$73,0092016Revenue 2017: -$58,406Expenses 2017: $124,161Net Income 2017: -$182,5672017Revenue 2018: $123,471Expenses 2018: $116,482Net Income 2018: $6,9892018Revenue 2019: $195,222Expenses 2019: $156,080Net Income 2019: $39,1422019Revenue 2020: $45,725Expenses 2020: $106,883Net Income 2020: -$61,1582020Revenue 2021: $170,754Expenses 2021: $140,373Net Income 2021: $30,3812021Revenue 2022: $247,094Expenses 2022: $134,719Net Income 2022: $112,3752022Revenue 2023: $261,615Expenses 2023: $164,181Net Income 2023: $97,4342023Revenue 2024: $316,350Expenses 2024: $223,087Net Income 2024: $93,2632024

Highlighted filing

2021

Revenue$170,754
Expenses$140,373
Net Income$30,381
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$188,553
Mission and Program Overview

Mission

Provide assistance for children, and young adults who have physical disabilities and provide support for their families

To provide assistance for children, and young adults who have physical disabilities and provide support for their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$595,341$710,471▲ $115,130
Cash and Non-Interest-Bearing Accounts$92,274$108,101▲ $15,827
Savings and Temporary Cash Investments$15,061$10,570▼ $4,491
Land, Buildings, and Equipment, Net$533$0▼ $533
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$703,209$829,142▲ $125,933
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$4,350--
Total Liabilities$4,350$0▼ $4,350
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$643,905$731,610▲ $87,705
Net Assets With Donor Restrictions$54,954$97,532▲ $42,578
Total Net Assets Fund Balance$698,859$829,142▲ $130,283
Total Liabilities and Net Assets / Fund Balance$703,209$829,142▲ $125,933
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
ELIZABETH O'BRIENExecutive DirectorPT$45,510$45,510

Board Members and Trustees

NameTitle
Nancy BambaraPresident
Nicholas DecelleVice President
Alana GormanDirector
Becky KernDirector
Bruce StevesDirector
Kim FaheyDirector
Lisa MunterDirector
Nick MinerDirector
Rosemarie BogdanDirector
Stacey HengstermanDirector
Taylor SmithDirector
Tina MorencySecretary
Zach WaterstramTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$119,125
Program Service Revenue
$0
Investment Income
$16,053
Other Revenue
$35,576
All Other Contributions
$112,314
Change in Net Assets
$30,381
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$64,338
Salaries, Compensation, and Employee Benefits$48,143
Other Expenses$27,892
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$64,338--$64,338
Current Officers, Directors, Trustees, and Key Employees$36,408$9,102-$45,510
Advertising$6,984--$6,984
Fees for Service Investment Mgmnt Fees-$5,848-$5,848
Insurance$4,496$1,123-$5,619
Fees for Services Accounting-$4,605-$4,605
Payroll Taxes$2,106$527-$2,633
Fees for Services Other$2,016$504-$2,520
Occupancy$734$184-$918
Office Expenses$53$13-$66
Other Expenses$24$6-$30
Total Functional Expenses$118,201$22,172$0$140,373
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,693
Fundraising Direct Expenses$10,117
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$45,693$45,693$10,117$35,576
Total Events$45,693$45,693$10,117$35,576
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
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, Part VI, Line 11B: Form 990 Review Process

The 990 is prepared by the independent accountant and then forwarded to the executive director and the board of directors for review and approval.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are required to sign a conflict of interest policy annually.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Forms 1023 and 990 are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Dake Foundation for Children
EIN
14-1801175
Phone
5182260252
Address
PO BOX 3575, SARATOGA SPRINGS, NY 12866

Signing Officer

Name
Nancy Bambara
Title
President
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
ELIZABETH O'BRIEN
Formed
1998
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
13
Employees
1

Preparer

Firm
Slocum DeAngelus & Assocs CPAs PC
Address
974 Albany-Shaker Road, Latham, NY 12110
Preparer
Victoria J Vetsch CPA
Phone
5187836000
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0595341
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0710471
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0533
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt07682
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE ASSISTANCE FOR CHILDREN, AND YOUNG ADULTS WHO HAVE PHYSICAL DISABILITIES AND PROVIDE SUPPORT FOR THEIR FAMILIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0698859
IRS990/NetAssetsOrFundBalancesEOYAmt0829142
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt05407
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05407
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt035576
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt035576
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt099902
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0643905
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0731610
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0184
IRS990/OccupancyGrp/ProgramServicesAmt0734
IRS990/OccupancyGrp/TotalAmt0918
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013
IRS990/OfficeExpensesGrp/ProgramServicesAmt053
IRS990/OfficeExpensesGrp/TotalAmt066
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3LICENSES AND PERMITS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0157
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt190
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt213
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36
IRS990/OtherExpensesGrp/ProgramServicesAmt0630
IRS990/OtherExpensesGrp/ProgramServicesAmt1361
IRS990/OtherExpensesGrp/ProgramServicesAmt251
IRS990/OtherExpensesGrp/ProgramServicesAmt324
IRS990/OtherExpensesGrp/TotalAmt0787
IRS990/OtherExpensesGrp/TotalAmt1451
IRS990/OtherExpensesGrp/TotalAmt264
IRS990/OtherExpensesGrp/TotalAmt330
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0527
IRS990/PayrollTaxesGrp/ProgramServicesAmt02106
IRS990/PayrollTaxesGrp/TotalAmt02633
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ELIZABETH O'BRIEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt078135
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt048726
IRS990/PYInvestmentIncomeAmt0-36719
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt022851
IRS990/PYOtherRevenueAmt04309
IRS990/PYRevenuesLessExpensesAmt0-61158
IRS990/PYSalariesCompEmpBnftPaidAmt035306
IRS990/PYTotalExpensesAmt0106883
IRS990/PYTotalRevenueAmt045725
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt030381
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015061
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt069737
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt078135
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0172953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0125056
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0355162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0801043
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010487
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010538
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012679
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt015010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011891
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt060605
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92970
IRS990ScheduleA/PublicSupportPY170Pct00.91490
IRS990ScheduleA/PublicSupportTotal170Amt0801043
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt069737
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt078135
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0172953
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0125056
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0355162
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0801043
IRS990ScheduleA/TotalSupportAmt0861648
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010117
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt045693
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt045693
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt045693
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt045693
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt035576
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010117
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010117
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MEDICAL EQUIPMENT OR SERVICES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt064338
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0ADAPTIVE EQUIPMENT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt036
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true

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.$1.20$0.00$1.20$0.32$0.22$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.01$1.00$0.26$0.16$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.79$0.25$0.13$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.17$0.14$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.00$0.70$0.05$0.11$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.00$0.69$0.20$0.16$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.00$0.56$0.12$0.12$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.59$0.06$0.12$0.18
2016Summary only. Only limited summary data is available for this year.$1.54$0.77$0.77$0.03$0.11$0.07
2015Summary only. Only limited summary data is available for this year.$1.61$0.80$0.81$0.04$0.13$0.09
2014Summary only. Only limited summary data is available for this year.$1.76$0.83$0.93$0.11$0.14$0.03
2013Summary only. Only limited summary data is available for this year.$1.84$0.86$0.98$0.12$0.14$0.02
2012Summary only. Only limited summary data is available for this year.$1.89$0.89$1.00$0.14$0.13$0.01
2011Summary only. Only limited summary data is available for this year.$1.87$0.92$0.96$0.11$0.11$0.00