Civic Intelligence

Blue Sky Fund

990 • Fiscal year 2020 • EIN 14-1985225

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 15, 2021

PO Box 8108Richmond, VA 23223

(804) 410-4273

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.24x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

67th percentile

0.17x

Higher debt load relative to revenue than 67% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

53rd percentile

8.1%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

84th percentile

58%

Faster asset growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-13%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$453,925

Up $166,261 (+58%) from 2019

Net Assets

Up

$344,725

Up $57,061 (+20%) from 2019

Liabilities

Up

$109,200

Up $109,200 from 2019

Revenue

Down

$642,367

Down $99,412 (-13%) from 2019

Expenses

Down

$590,650

Down $192,228 (-25%) from 2019

Net Income

Up

$51,717

Up $92,816 (+226%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $67,385Net Assets 2010: $67,3852010Assets 2011: $124,392Liabilities 2011: $0Net Assets 2011: $124,3922011Assets 2012: $154,788Liabilities 2012: $0Net Assets 2012: $154,7882012Assets 2013: $198,767Liabilities 2013: $0Net Assets 2013: $198,7672013Assets 2014: $313,617Liabilities 2014: $0Net Assets 2014: $313,6172014Assets 2015: $398,910Liabilities 2015: $2,438Net Assets 2015: $396,4722015Assets 2016: $368,920Liabilities 2016: $0Net Assets 2016: $368,9202016Assets 2017: $331,623Liabilities 2017: $0Net Assets 2017: $331,6232017Assets 2018: $323,763Liabilities 2018: $0Net Assets 2018: $323,7632018Assets 2019: $287,664Liabilities 2019: $0Net Assets 2019: $287,6642019Assets 2020: $453,925Liabilities 2020: $109,200Net Assets 2020: $344,7252020Assets 2021: $551,599Liabilities 2021: $94,707Net Assets 2021: $456,8922021Assets 2022: $542,100Liabilities 2022: $4,464Net Assets 2022: $537,6362022Assets 2023: $634,321Liabilities 2023: $6,734Net Assets 2023: $627,5872023Assets 2024: $1,073,476Liabilities 2024: $31,844Net Assets 2024: $1,041,6322024Assets 2025: $1,436,276Liabilities 2025: $11,541Net Assets 2025: $1,424,7352025

Highlighted filing

2020

Assets$453,925
Liabilities$109,200
Net Assets$344,725

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $110,418Expenses 2010: $106,107Net Income 2010: $4,3112010Revenue 2011: $229,112Expenses 2011: $172,105Net Income 2011: $57,0072011Expenses 2012: $244,8382012Revenue 2013: $399,362Expenses 2013: $355,383Net Income 2013: $43,9792013Revenue 2014: $501,234Expenses 2014: $386,384Net Income 2014: $114,8502014Revenue 2015: $564,929Expenses 2015: $482,074Net Income 2015: $82,8552015Revenue 2016: $591,677Expenses 2016: $619,229Net Income 2016: -$27,5522016Revenue 2017: $671,784Expenses 2017: $714,081Net Income 2017: -$42,2972017Revenue 2018: $719,959Expenses 2018: $739,327Net Income 2018: -$19,3682018Revenue 2019: $741,779Expenses 2019: $782,878Net Income 2019: -$41,0992019Revenue 2020: $642,367Expenses 2020: $590,650Net Income 2020: $51,7172020Revenue 2021: $370,889Expenses 2021: $258,722Net Income 2021: $112,1672021Revenue 2022: $793,324Expenses 2022: $712,580Net Income 2022: $80,7442022Revenue 2023: $967,502Expenses 2023: $877,551Net Income 2023: $89,9512023Revenue 2024: $1,344,530Expenses 2024: $930,485Net Income 2024: $414,0452024Revenue 2025: $1,449,905Expenses 2025: $1,066,802Net Income 2025: $383,1032025

Highlighted filing

2020

Revenue$642,367
Expenses$590,650
Net Income$51,717
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 15, 2021
Return Version
2020v4.0
Gross Receipts
$660,572
Mission and Program Overview

Mission

Blue sky fund provides transformational experiences for urban youth through outdoor education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$267,098$440,383▲ $173,285
Land, Buildings, and Equipment, Net$20,566$13,542▼ $7,024
Total Assets$287,664$453,925▲ $166,261
Liabilities
Unsecured Notes Loans Payable-$109,200-
Total Liabilities$0$109,200▲ $109,200
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$145,036$314,125▲ $169,089
Net Assets With Donor Restrictions$142,628$30,600▼ $112,028
Total Net Assets Fund Balance$287,664$344,725▲ $57,061
Total Liabilities and Net Assets / Fund Balance$287,664$453,925▲ $166,261

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,542$81,619$95,161
Compensation and Service Providers

Board Members and Trustees

NameTitle
Debbie EdwardsPresident
Bernly BresslerDirector
Carl SorensenDirector
Charles ValentineDirector
Darin MooreDirector
Emily GottwaldDirector
Kelly TattersallDirector
Margo WebbDirector
Matt PerryDirector
Sallie PruittDirector
Sally HunnicuttDirector
Sheri CrowellDirector
Ty ToepkeDirector
Andy ThompsonSecretary
Logan VetrovecTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$585,818
Program Service Revenue
$24,292
Investment Income
$168
Other Revenue
$32,089
All Other Contributions
$585,818
Change in Net Assets
$51,717

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table4$91,295
Total Noncash Contributions4$91,295

Audited Revenue Reconciliation

Revenue per Audited Statements
$642,367
Revenue Not Reported on Form 990
$23,549
Total Revenue per Audited Statements
$665,916
Total Revenue per Form 990
$642,367
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$463,888
Other Expenses$126,762
Total Fundraising Expense$112,099
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$291,703$30,484$88,521$410,708
Payroll Taxes$22,109$2,288$6,435$30,832
Insurance$28,386--$28,386
Other Employee Benefits$14,665$3,603$4,080$22,348
Occupancy$14,043$1,756$1,756$17,555
Fees for Services Other$7,516$7,123-$14,639
Fees for Services Accounting-$8,900-$8,900
Depreciation Depletion$6,610-$414$7,024
Office Expenses$1,074$1,527$4,408$7,009
Advertising$1,511--$1,511
Other Expenses$1,212$112$590$590
All Other Expenses-$240-$240
Total Functional Expenses$422,518$56,033$112,099$590,650

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$608,855
Expenses per Audited Statements$590,650
Total Expenses per Form 990$590,650
Expenses Not Reported on Form 990$18,205
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,765
Fundraising Direct Expenses$18,205
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hike for Kids$47,765$47,765$18,205$29,560
Total Events$47,765$47,765$18,205$29,560
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
Yes
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
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The executive director and an officer of the board reviewed the form 990 before it was filed.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are monitored by annually reviewing policy and declarations of conflict of interest for all staff and board members. When new decisions are made by the board, the president and governance committee remind the board of the need to declare if any conflict of interest has been created by new decisions. If that is the case, those conflicts are recorded in the minutes of the board meeting.

Form 990, Page 6, Part VI, Line 15A

The executive director's compensation is set by the board of directors. Comparable salaries are considered as well as the number of hours worked.

Form 990, Page 6, Part VI, Line 15B

All other employee compensation is reviewed and approved by the board of directors and is based on recommendations by the executive director.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public by request.

Filing and Contact Details

Filer

Filer Name
Blue Sky Fund
EIN
14-1985225
Phone
8044104273
Address
PO BOX 8108, RICHMOND, VA 23223

Signing Officer

Name
Debbie Edwards
Title
President
Phone
8044104273
Signed
2021-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbie Edwards
Formed
2007
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
38
Volunteers
50

Preparer

Firm
Wellscoleman
Address
5004 MONUMENT AVE, RICHMOND, VA 23230
Preparer
Rebecca J Tres
Phone
8043581150
Supplemental Narrative

Additional Explanations

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

All program services in 2020 focused on enriching the lives and education of youth from disadvantaged neighborhoods and included: (1) explorers, a science based outdoor education program serving 3,800 public school students in 3rd through 5th grades from low-income and underperforming elementary schools. Students participate in several field trips per school year that enhance student comprehension of the sol science standards respective to each grade. (2) outdoor leadership institute, a year-round leadership program serving 38 high school youth from diverse socio-economic backgrounds to build leadership, unity and community involvement through regular service projects and outdoor adventure. (3) outdoor adventure clubs,a weekly after-school program serving 143 middle school students that teaches adventure skills, explores nature, and fosters resiliency and character development.

Form 990, Part XI, Line 9

Events expense 18,205 events expense -18,205

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

EVENTS EXPENSE 18,205

Schedule D, Page 4, Part XII, Line 2D

EVENTS EXPENSE 18,205

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IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc2STAFF TRAINING
IRS990/OtherExpensesGrp/Desc3CROWDFUNDING
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IRS990/OtherExpensesGrp/FundraisingAmt1748
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IRS990/OtherExpensesGrp/ProgramServicesAmt11212
IRS990/OtherExpensesGrp/TotalAmt033689
IRS990/OtherExpensesGrp/TotalAmt15147
IRS990/OtherExpensesGrp/TotalAmt22072
IRS990/OtherExpensesGrp/TotalAmt3590
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt088521
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0291703
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IRS990/OtherWebsiteInd0X
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02288
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IRS990/PayrollTaxesGrp/TotalAmt030832
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DEBBIE EDWARDS
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYSalariesCompEmpBnftPaidAmt0585184
IRS990/PYTotalExpensesAmt0782878
IRS990/PYTotalRevenueAmt0741779
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt051717
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt02529
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0585818
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0661834
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0669778
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0614649
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0548819
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03080898
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0558
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt074586
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt094541
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt066951
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0803
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt077614
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0180068
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt01479
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt077614
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt059865
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03471469
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/EquipmentGrp/BookValueAmt013542
IRS990ScheduleD/EquipmentGrp/DepreciationAmt081619
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt095161
IRS990ScheduleD/ExpensesNotReportedAmt018205
IRS990ScheduleD/ExpensesSubtotalAmt0590650
IRS990ScheduleD/OtherExpensesIncludedAmt018205
IRS990ScheduleD/OtherRevenueAmt018205
IRS990ScheduleD/RevenueNotReportedAmt023549
IRS990ScheduleD/RevenueSubtotalAmt0642367
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EVENTS EXPENSE 18,205
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EVENTS EXPENSE 18,205
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HIKE FOR KIDS
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.01$1.42$1.45$1.07$0.38
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.03$1.04$1.34$0.93$0.41
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.01$0.63$0.97$0.88$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.00$0.54$0.79$0.71$0.08
2021Summary only. Only limited summary data is available for this year.$0.55$0.09$0.46$0.37$0.26$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.11$0.34$0.64$0.59$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.74$0.78$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$0.72$0.74$0.02
2017Summary only. Only limited summary data is available for this year.$0.33$0.00$0.33$0.67$0.71$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$0.59$0.62$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.56$0.48$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.50$0.39$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.40$0.36$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.24
2011Summary only. Only limited summary data is available for this year.$0.12$0.00$0.12$0.23$0.17$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.07$0.11$0.11$0.00