Civic Intelligence

Fred L Emerson Foundation Inc.

990PF • Fiscal year 2017 • EIN 15-6017650

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 23, 2018

5654 South Street RoadAuburn, NY 13021

(315) 253-9621

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

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

2017 filings • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

7th percentile

0.00x

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

2017 filings • $50M-$100M nonprofits • Source year 2017

Net Margin

90th percentile

50%

Higher net margin than 90% of similar nonprofits.

2017 filings • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

41st percentile

$228,873

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2017 filings • $50M-$100M nonprofits • Source year 2017

Asset Growth

36th percentile

2.2%

Faster asset growth than 36% of similar nonprofits.

2017 filings • $50M-$100M nonprofits • Annualized from 2015 to 2017

Revenue Growth

88th percentile

51%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • $50M-$100M nonprofits • Annualized from 2015 to 2017

Assets

Up

$71,803,861

Up $2,995,472 (+4.4%) from 2015

Net Assets

$71,803,861

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$9,322,941

Up $5,217,968 (+127%) from 2015

Expenses

Up

$4,678,704

Up $234,068 (+5.3%) from 2015

Net Income

Up

$4,644,237

Up $4,983,900 (+1467%) from 2015

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2011: $69,674,264Liabilities 2011: $02011Assets 2012: $67,112,152Liabilities 2012: $02012Assets 2013: $67,067,889Liabilities 2013: $02013Assets 2014: $69,148,052Liabilities 2014: $02014Assets 2015: $68,808,389Liabilities 2015: $02015Assets 2017: $71,803,861Liabilities 2017: $0Net Assets 2017: $71,803,8612017Assets 2018: $73,035,361Liabilities 2018: $0Net Assets 2018: $73,035,3612018Assets 2019: $73,898,476Liabilities 2019: $0Net Assets 2019: $73,898,4762019Assets 2020: $85,102,499Liabilities 2020: $0Net Assets 2020: $85,102,4992020Assets 2021: $96,702,662Liabilities 2021: $0Net Assets 2021: $96,702,6622021Assets 2022: $94,732,842Liabilities 2022: $0Net Assets 2022: $94,732,8422022Assets 2023: $95,505,606Liabilities 2023: $0Net Assets 2023: $95,505,6062023Assets 2024: $96,505,725Liabilities 2024: $0Net Assets 2024: $96,505,7252024

Highlighted filing

2017

Assets$71,803,861
Liabilities$0
Net Assets$71,803,861

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $3,125,987Expenses 2011: $4,563,653Net Income 2011: -$1,437,6662011Revenue 2012: $2,144,262Expenses 2012: $4,706,374Net Income 2012: -$2,562,1122012Revenue 2013: $4,315,156Expenses 2013: $4,359,419Net Income 2013: -$44,2632013Revenue 2014: $5,835,685Expenses 2014: $4,674,944Net Income 2014: $1,160,7412014Revenue 2015: $4,104,973Expenses 2015: $4,444,636Net Income 2015: -$339,6632015Revenue 2017: $9,322,941Expenses 2017: $4,678,704Net Income 2017: $4,644,2372017Revenue 2018: $5,757,700Expenses 2018: $4,526,200Net Income 2018: $1,231,5002018Revenue 2019: $5,549,561Expenses 2019: $4,686,446Net Income 2019: $863,1152019Revenue 2020: $15,845,112Expenses 2020: $4,641,089Net Income 2020: $11,204,0232020Revenue 2021: $21,193,646Expenses 2021: $9,593,483Net Income 2021: $11,600,1632021Revenue 2022: $2,372,345Expenses 2022: $4,342,165Net Income 2022: -$1,969,8202022Revenue 2023: $4,340,751Expenses 2023: $3,567,987Net Income 2023: $772,7642023Revenue 2024: $4,590,551Expenses 2024: $3,590,432Net Income 2024: $1,000,1192024

Highlighted filing

2017

Revenue$9,322,941
Expenses$4,678,704
Net Income$4,644,237
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 23, 2018
Return Version
2017v2.3
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL J FESSENDENExecutive Director/SecretaFT$208,287$20,586$228,873
LORI E ROBINSONDirector-$20,250$1,384$21,634
PETER J EMERSONDirector-$20,000-$20,000
HEATHER A EMERSONDirector-$18,250$1,699$19,949
ANTHONY D FRANCESCHELLIPresidentPT$18,750$497$19,247
SALLY E WAGNERDirector-$18,750-$18,750
JOAN H STEWARTDirector-$15,250$3,160$18,410
W GARY EMERSONTreasurer-$18,000-$18,000
KRISTEN E RUBACKAVice President-$14,750-$14,750
GRACE E FRANCESCHELLIDirector-$10,500$391$10,891
DANIEL M MEYERSDirector-$8,250$2,263$10,513
ANN M DUGANDirector-$8,500$1,838$10,338
ALEX KINAL-WAGNERDirector-$8,750$812$9,562
W ERIC EMERSONDirector-$9,000-$9,000
ALIZA J QUERNSDirector-$8,750-$8,750
WILLIAM A FRANCESCHELLIDirector-$8,250-$8,250
MICHAEL F NOZZOLIODirector-$7,750-$7,750
ELIZABETH A AUGUSTDirector-$7,500-$7,500
CHRISTOPHER S EMERSONDirector-$7,250-$7,250
Filing and Contact Details

Filer

Filer Name
Fred L Emerson Foundation Inc
EIN
15-6017650
Phone
3152539621
Address
5654 SOUTH STREET ROAD, AUBURN, NY 13021

Signing Officer

Name
Daniel J Fessenden
Title
Executive Director
Phone
3152539621
Signed
2018-08-23
Discuss with paid preparer
Yes

Preparer

Firm
Bonadio & Co Llp
Address
432 NORTH FRANKLIN STREET, SYRACUSE, NY 13204
Preparer
Gail M Kinsella
Phone
3154764004
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DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt5649
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt61404
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt73042
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt83500
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt91151
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt108811
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt112495
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt121200
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt131000
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt14995
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt1521000
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt16552
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt17425
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt18491
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt191740
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt203200
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt212985
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt222037
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt231040
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt24480
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt2511451
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt266714
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt277645
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt286000
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt294523
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt305790
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt313000
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt321355
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt335134
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt346075
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt352108
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt362250
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt37293
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt38385
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt39656
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt40747
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc0BULDING - 5654 SOUTH ST RD
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc1RENOVATIONS TO 5654 SOUTH ST RD
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc2RENOVATIONS TO 5654 SOUTH ST RD
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc3NEW SOFIT LIGHTING AND RENOVATIONS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc4ELECTRIC HEATING UNITS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc5HEAVY DUTY DOOR LOCK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc6NEW SIDING ON BUILDING
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc7FILING CABINETS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc8COMPUTER SOFTWARE (MICRO INFO SYSTEMS)
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc9PAPER SHREDDER
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc10ESSENTIAL GIFTS FOR WINDOWS SOFTWARE & ADDITIONAL USERS ADDED
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc11CONFERENCE TABLES AND CHAIRS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc12CONFERENCE TABLES AND CHAIRS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc13DESK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc14DESK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc15BOOKCASES
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc16SINAGE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc17COFFEE TABLE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc182 FILE CABINETS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc19CONF TABLE AND CHAIRS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc20REFINISH CONFERENCE TABLE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc21DESK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc22CREDENZA
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc23OFFICE CHAIR
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc24REFRIGERATOR
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc25LAND
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc26CARPET
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc27TELEPHONE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc28NEW HEAT SYSTEM
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc29TABLES & CABINETS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc30PLASMA TELEVISION
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc31COUNTERTOP
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc32WINDOW BLINDS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc33DELL OPTIPLEX 780
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc34KONICA COPIER BIZHUB C284
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc35POWEREDGE T320
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc36COMPUTER
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc37COLE REPRODUCTION
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc38DRIVEWAY/PARKING PAVING
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc39STAND UP COMPUTER DESK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc40STAND UP COMPUTER DESK
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc41DELL OPTIPLEX
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc42LENOVA THINKPAD
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc43CONSTRUCTION IN PROGRESS
DepreciationSchedule/DepreciationPropertyGrp/Rt00.000000000000
DepreciationSchedule/DepreciationPropertyGrp/Rt10.000000000000
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AccumulatedDepreciationAmt04300
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AccumulatedDepreciationAmt12000
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt01994-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt11994-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AssetDesc0CONFERENCE TABLE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AssetDesc1CONFERENCE TABLE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisAmt04300
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisAmt12000
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/HowAcquiredTxt0PURCHASED
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/HowAcquiredTxt1PURCHASED
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/SalesExpenseAmt00
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/SalesExpenseAmt10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/SoldDt02017-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/SoldDt12017-12
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm0AT&T INC 5 1/2% FEB 01 2018 DTD 02/01/2008
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm1NATIONAL RURAL UTIL CORP 10 3/8% NOV 01 2018 DTD 10/30/2008
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm2AMERICAN EXPRESS SR NOTES 7% MAR 19 2018 DTD 03/19/2008
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm3BANK OF MONTREAL MTN 1.450% 04/09/2018 DTD 04/09/2013
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm4TRAVELERS COS INC SR NOTES 5.8% MAY 15 2018 DTD 05/13/2008
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm5DEUTSCHE BANK AG 1.875% 02/13/2018 DTD 02/13/2015
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm6CITIGROUP INC 6 1/8% MAY 15 2018 DTD 05/12/2008
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm7KIMBERLY CLARK CORP 6 1/4% JUL 15 2018 DTD 7/28/98
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm8BNP PARIBAS MTN 2.700% 08/20/2018 DTD 08/20/2013
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm9ROYAL BANK OF CANADA 2.200% 07/27/2018 DTD 07/29/2013
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm10SANTANDER UK PLC 3.050% 08/23/2018 DTD 08/23/2013
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm11ACE INA HOLDINGS 5.8% MAR 15 2018 DTD 02/14/2008
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm12NUCOR CORP 5.85% JUN 01 2018 DTD 06/02/2008
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm13BNP PARIBAS MTN 2.400% 12/12/2018 DTD 12/12/2013
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm14ISHARES JP MORGAN EM BOND FUND JPMORGAN USD
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm15JANUS HIGH-YIELD FD-I
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm16DOUBLELINE TOTL RET BND-I
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm17JPMORGAN INFLATN MGD BND-R6 1.58%
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm18JPMORGAN STRAT INC OPP-R6
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm19DODGE & COX INCOME FD
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm20INVESCO FINANCE PLC 3.125% 11/30/2022 DTD 11/08/2012
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm21BANK OF NEW YORK MELLON MTN 2.200% 03/04/2019 DTD 02/04/2014
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm22PRECISION CASTPARTS CORP 3.250% 06/15/2025 DTD 06/10/2015
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm23BOEING CO 7 1/4% JUN 15 2025 DTD 7/7/93
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm24ABBVIE INC 2.500% 05/14/2020 DTD 05/14/2015
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm25NEXEN ENERGY ULC 6.200% 07/30/2019 DTD 07/27/2009
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm26BB&T CORPORATION MTN 2.625% 06/29/2020 DTD 06/29/2015
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm27CHEVRON CORP VAR RT 11/15/2021 DTD 11/18/2014
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm28JOHN DEERE CAPITAL CORP MTN 2 3/4% MAR 15 2022 DTD 02/27/2012
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm29UNITEDHEALTH GROUP INC 2.950% 10/15/2027 DTD 10/25/2017
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm30ENTERGY ARKANSAS INC 3.500% 04/01/2026 DTD 01/08/2016
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm31BANK OF AMERICA CORP VAR RT 07/21/2023 DTD 07/21/2017
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm32MITSUBISHI UFJ FIN GRP 2.998% 02/22/2022 DTD 02/22/2017
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm33SUMITOMO MITSUI FINL GRP 2.784% 07/12/2022 DTD 07/12/2017

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