Civic Intelligence

Knowledgefunding Ohio Inc

990 • Fiscal year 2015 • EIN 20-1888000

Jul 01, 2014 to Jun 30, 2015 • Filed on May 13, 2016

One West Fourth Street No 250Cincinnati, OH 45202-3634

(513) 929-4777

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2015

Top Officer Pay

99th percentile

$638,009

Higher top officer pay than 99% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

12th percentile

-11%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Assets

Down

$1,097,472

Down $129,145 (-11%) from 2014

Net Assets

Down

$1,097,472

Down $129,145 (-11%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Flat

$0

Flat from 2014

Expenses

Up

$134,145

Up $95,145 (+244%) from 2014

Net Income

Down

-$134,145

Down $95,145 (-244%) from 2014

Historical Trend

Balance Sheet Trend

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

$400M$300M$200M$100M$0-$100MAssets 2010: $373,057,923Liabilities 2010: $378,046,033Net Assets 2010: -$4,988,1102010Assets 2011: $321,039,161Liabilities 2011: $335,031,107Net Assets 2011: -$13,991,9462011Assets 2012: $300,126,374Liabilities 2012: $313,285,034Net Assets 2012: -$13,158,6602012Assets 2013: $1,258,117Liabilities 2013: $0Net Assets 2013: $1,258,1172013Assets 2014: $1,226,617Liabilities 2014: $0Net Assets 2014: $1,226,6172014Assets 2015: $1,097,472Liabilities 2015: $0Net Assets 2015: $1,097,4722015Assets 2016: $940,972Liabilities 2016: $0Net Assets 2016: $940,9722016Assets 2017: $490,322Liabilities 2017: $0Net Assets 2017: $490,3222017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2015

Assets$1,097,472
Liabilities$0
Net Assets$1,097,472

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $11,549,7422010Expenses 2011: $20,690,5922011Expenses 2012: $9,434,4732012Revenue 2013: $25,164,662Expenses 2013: $3,527,251Net Income 2013: $21,637,4112013Revenue 2014: $0Expenses 2014: $39,000Net Income 2014: -$39,0002014Revenue 2015: $0Expenses 2015: $134,145Net Income 2015: -$134,1452015Revenue 2016: $0Expenses 2016: $156,500Net Income 2016: -$156,5002016Revenue 2017: $0Expenses 2017: $450,650Net Income 2017: -$450,6502017Revenue 2018: $0Expenses 2018: $490,322Net Income 2018: -$490,3222018

Highlighted filing

2015

Revenue$0
Expenses$134,145
Net Income-$134,145
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 13, 2016
Return Version
2014v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

KnowledgeFunding Ohio, Inc. (KFO) established a grant making program to support the charitable and educational purposes of one or more organizations located in Ohio that are exempt from federal income tax under section 501(c)(3) of the code.

KFO furthers its charitable and educational purposes through grants to Ohio non-profit organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,226,617$1,097,472▼ $129,145
Total Assets$1,226,617$1,097,472▼ $129,145
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,226,617$1,097,472▼ $129,145
Total Net Assets Fund Balance$1,226,617$1,097,472▼ $129,145
Total Liabilities and Net Assets / Fund Balance$1,226,617$1,097,472▼ $129,145
Compensation and Service Providers

Employees

NameTitleOtherTotal
Robert E WildermuthTreasurer/Secretary$8,500$8,500
Joseph P Tomain EsqChair of the Board$6,250$6,250
Christina MilanoDirector$2,500$2,500

Board Members and Trustees

NameTitle
Judith A PepplerPresident & CEO
William L McNeeseVice President
Holly A BrinkmanVice President/Asst Sec
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-134,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$129,145
Other Expenses$5,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$129,145--$129,145
Other Expenses$5,000--$5,000
Total Functional Expenses$134,145$0$0$134,145
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
United Way of Greater CincinnatiCincinnati, OHSection 501(c)(3)2014 Campaign & Talent Pipeline$53,500
Cincinnati Youth CollaborativeCincinnati, OHSection 501(c)(3)Tomorrow Campaign, Dream Makers Gala$29,795
Cincinnati Public SchoolsCincinnati, OHGovt. EntityDistrict Wide Tutoring$10,000
The Interalliance of Greater CincinnatiCincinnati, OHSection 501(c)(3)Sponsor Career Camps$5,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Backup withholding compliance
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Certain KnowledgeWorks Foundation board members are also members of the boards of certain KnowledgeWorks Foundation affiliates. These overlapping board memberships constitute a "business relationship" as defined by the Form 990 instructions.

Form 990, Part VI, Section A, line 6

Knowledgefunding Ohio, Inc. has a single corporate member, KnowledgeWorks Foundation.

Form 990, Part VI, Section A, line 7A

Knowledgefunding Ohio, Inc. has a single corporate member, KnowledgeWorks Foundation, who has the authority to elect members to the governing body of Knowledgefunding Ohio, Inc.

Form 990, Part VI, Section A, line 7B

All decisions that have a material impact to Knowledgefunding Ohio, Inc.'s financial information or corporation as a whole are subject to approval by its sole corporate member, KnowledgeWorks Foundation.

Form 990, Part VI, Section B, line 11

After completion by the preparer, the draft of the Form 990 is reviewed by the Accounting Manager and Vice President. The final draft of the Form 990 is reviewed with the Audit Committee. After it receives the approval of the Audit Committee, the final Form 990 is distributed to all members of the Board of Directors before it is filed.

Form 990, Part VI, Section B, line 15

The officers and key employees are not compensated by KnowledgeFunding Ohio, Inc. Their compensation is determined by the Compensation Committee of the parent company, KnowledgeWorks Foundation, who employs those individuals. KnowledgeWorks Foundation uses the following procedures to establish the compensation of the organization's CEO: The compensation of the CEO, other officers, and key employees are set by the Compensation Committee of the Board of Directors utilizing a compensation study performed by an independent compensation consulting firm comparing similar positions in similar organizations. Members of the Board of Directors have in the past received reasonable compensation for their services as members of the Board of Directors. However, compensation to Board of Directors ceased as of July 2014.

Form 990, Part VI, Section C, line 19

The consolidated financial statements of KnowledgeFunding Ohio, Inc. and its parent company KnowledgeWorks Foundation are available on the KnowledgeWorks Foundation website. KnowledgeFunding Ohio, Inc.'s Form 990 governing documents and Conflict of Interest are available upon request.

Filing and Contact Details

Filer

Filer Name
KnowledgeFunding Ohio Inc
EIN
20-1888000
Phone
5139294777
Address
One West Fourth Street No 250, Cincinnati, OH 45202-3634

Signing Officer

Name
William L McNeese
Title
President
Phone
5139294777
Signed
2016-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judith A Peppler
Formed
2004
Legal Domicile
Oh
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
1

Preparer

Firm
Deloitte Tax LLP
Address
250 East Fifth Street Suite 1900, Cincinnati, OH 45202
Preparer
Rebecca Lyons
Phone
5137847100
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Transfer from KnowledgeWorks Foundation 5,000.

Financial Statement Notes

Part X, Line 2:

From the consolidated audited financial statements of KnowledgeWorks Foundation, which include the activity of KnowledgeFunding Ohio, Inc.: The Foundation has analyzed tax positions taken for filing with the IRS and all state jurisdictions where it operates. The Foundation believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Foundation's financial position, statement of activities, or cash flows. Accordingly, the Foundation has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at June 30, 2015 and 2014. In the event interest and penalties accrued on unrecognized tax benefits, the Foundation would recognize such amounts as a component of income tax expense.

Raw XML AppendixShowing 400 of 462 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0From the consolidated audited financial statements of KnowledgeWorks Foundation, which include the activity of KnowledgeFunding Ohio, Inc.: The Foundation has analyzed tax positions taken for filing with the IRS and all state jurisdictions where it operates. The Foundation believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Foundation's financial position, statement of activities, or cash flows. Accordingly, the Foundation has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at June 30, 2015 and 2014. In the event interest and penalties accrued on unrecognized tax benefits, the Foundation would recognize such amounts as a component of income tax expense.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Sponsor Career Camps
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1District Wide Tutoring
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Tomorrow Campaign, Dream Makers Gala
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt32014 Campaign & Talent Pipeline
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0The Interalliance of Greater Cincinnati
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Cincinnati Public Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Cincinnati Youth Collaborative
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3United Way of Greater Cincinnati
IRS990ScheduleI/RecipientTable/RecipientEIN0208444742
IRS990ScheduleI/RecipientTable/RecipientEIN1316000758
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IRS990ScheduleI/RecipientTable/RecipientEIN3310537502
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt010290 Alliance Rd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12651 Burnet Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt210290 Alliance Rd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt32400 Reading Rd
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0KFO uses the MicroEdge Gifts for Windows software system to maintain grantmaking records. Data tracked by KFO includes: date of request, eligibility of grantee, contact information, date grant was awarded or denied, grant purpose, grant budget, electronic copy of executed grant contracts and required financial reports and timing. The Grants Administrator provides periodic reporting to Program Managers and follows up with grantees as required financial reporting is due.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt236000
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1177108
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2157810
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt22712
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Judith A Peppler
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1William L McNeese
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Holly A Brinkman
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Vice President/Asst Sec
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1333075
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The officers and key employees are not compensated by KnowledgeFunding Ohio, Inc. Their compensation is determined by the Compensation Committee of the parent company, KnowledgeWorks Foundation, who employs those individuals. KnowledgeWorks Foundation uses the following procedures to establish the compensation of the organization's CEO: - Compensation Committee - Compensation Study - Independent Compensation Consultant - Form 990 of Other Organizations
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1KnowledgeWorks Foundation, KnowledgeFunding Ohio, Inc.'s parent organization, offers an individual incentive based bonus program, where the annual payout is determined by achievement of established objectives.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 7
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Certain KnowledgeWorks Foundation board members are also members of the boards of certain KnowledgeWorks Foundation affiliates. These overlapping board memberships constitute a "business relationship" as defined by the Form 990 instructions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Knowledgefunding Ohio, Inc. has a single corporate member, KnowledgeWorks Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Knowledgefunding Ohio, Inc. has a single corporate member, KnowledgeWorks Foundation, who has the authority to elect members to the governing body of Knowledgefunding Ohio, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All decisions that have a material impact to Knowledgefunding Ohio, Inc.'s financial information or corporation as a whole are subject to approval by its sole corporate member, KnowledgeWorks Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4After completion by the preparer, the draft of the Form 990 is reviewed by the Accounting Manager and Vice President. The final draft of the Form 990 is reviewed with the Audit Committee. After it receives the approval of the Audit Committee, the final Form 990 is distributed to all members of the Board of Directors before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The officers and key employees are not compensated by KnowledgeFunding Ohio, Inc. Their compensation is determined by the Compensation Committee of the parent company, KnowledgeWorks Foundation, who employs those individuals. KnowledgeWorks Foundation uses the following procedures to establish the compensation of the organization's CEO: The compensation of the CEO, other officers, and key employees are set by the Compensation Committee of the Board of Directors utilizing a compensation study performed by an independent compensation consulting firm comparing similar positions in similar organizations. Members of the Board of Directors have in the past received reasonable compensation for their services as members of the Board of Directors. However, compensation to Board of Directors ceased as of July 2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The consolidated financial statements of KnowledgeFunding Ohio, Inc. and its parent company KnowledgeWorks Foundation are available on the KnowledgeWorks Foundation website. KnowledgeFunding Ohio, Inc.'s Form 990 governing documents and Conflict of Interest are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Transfer from KnowledgeWorks Foundation 5,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0KnowledgeWorks Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0KnowledgeWorks Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1KWI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0311321973
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1311776354
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0Section 501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1Section 501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Educational Activities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Supporting Organization
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Schedule A, Line 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1Schedule A, Line 11a
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0One West Fourth Street Suite 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1One West Fourth Street Suite 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Cincinnati
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Cincinnati
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IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
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IRS990/SubjectToProxyTaxInd00
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00

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