Civic Intelligence

Responsible Endowments Coalition

990 • Fiscal year 2015 • EIN 20-3257916

Jan 01, 2015 to Dec 31, 2015 • Filed on May 12, 2016

33 Flatbush Ave 5th FloorBrooklyn, NY 11217

(718) 673-8669

Siviq Scores

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

Liabilities / Assets

76th percentile

0.09x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.05x

Higher debt load relative to revenue than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

13th percentile

-27%

Higher net margin than 13% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

96th percentile

$67,500

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

13th percentile

-35%

Faster asset growth than 13% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$223,340

Down $117,904 (-35%) from 2014

Net Assets

Down

$204,333

Down $107,873 (-35%) from 2014

Liabilities

Down

$19,007

Down $10,031 (-35%) from 2014

Revenue

Down

$405,054

Down $82,565 (-17%) from 2014

Expenses

Up

$512,927

Up $52,385 (+11%) from 2014

Net Income

Down

-$107,873

Down $134,950 (-498%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $125,389Liabilities 2011: $9,497Net Assets 2011: $115,8922011Assets 2012: $296,620Liabilities 2012: $12,888Net Assets 2012: $283,7322012Assets 2014: $341,244Liabilities 2014: $29,038Net Assets 2014: $312,2062014Assets 2015: $223,340Liabilities 2015: $19,007Net Assets 2015: $204,3332015Assets 2016: $84,372Liabilities 2016: $71,352Net Assets 2016: $13,0202016Assets 2017: $44,465Liabilities 2017: $18,542Net Assets 2017: $25,9232017Assets 2018: $45,330Liabilities 2018: $13,614Net Assets 2018: $31,7162018Assets 2019: $33,643Liabilities 2019: $1,843Net Assets 2019: $31,8002019

Highlighted filing

2015

Assets$223,340
Liabilities$19,007
Net Assets$204,333

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $244,160Expenses 2011: $241,732Net Income 2011: $2,4282011Revenue 2012: $450,619Expenses 2012: $282,779Net Income 2012: $167,8402012Revenue 2014: $487,619Expenses 2014: $460,542Net Income 2014: $27,0772014Revenue 2015: $405,054Expenses 2015: $512,927Net Income 2015: -$107,8732015Revenue 2016: $283,096Expenses 2016: $474,409Net Income 2016: -$191,3132016Revenue 2017: $141,470Expenses 2017: $128,567Net Income 2017: $12,9032017Revenue 2018: $45,144Expenses 2018: $39,351Net Income 2018: $5,7932018Revenue 2019: $20,273Expenses 2019: $20,190Net Income 2019: $832019

Highlighted filing

2015

Revenue$405,054
Expenses$512,927
Net Income-$107,873
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 12, 2016
Return Version
2015v2.1
Gross Receipts
$405,054
Mission and Program Overview

Mission

The respsonsible endowments coalition

The respsonsible endowments coalition works with students, alumni, and other university stakeholders to make endowments a force for positive social, envirornmental and economic change.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$317,002$215,274▼ $101,728
Pledges and Grants Receivable$20,000--
Accounts Receivable$2,200$3,835▲ $1,635
Land, Buildings, and Equipment, Net$972$3,368▲ $2,396
Prepaid Expenses and Deferred Charges$1,070$863▼ $207
Total Assets$341,244$223,340▼ $117,904
Liabilities
Accounts Payable and Accrued Expenses$29,038$19,007▼ $10,031
Total Liabilities$29,038$19,007▼ $10,031
Net Assets / Fund Balance
Temporarily Rstr Net Assets$184,895$113,000▼ $71,895
Unrestricted Net Assets$127,311$91,333▼ $35,978
Total Net Assets Fund Balance$312,206$204,333▼ $107,873
Total Liabilities and Net Assets / Fund Balance$341,244$223,340▼ $117,904

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,368$4,337$7,705
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marcie SmithExecutive DirectorFT$67,500$67,500

Board Members and Trustees

NameTitle
Mary SchellentragerChairperson
Beth HerzVice Chairperson
Jerome TaggerDirector
Kristen CoxDirector
Patricia EstevezDirector
Patrick YoungDirector
Kate AranoffDirector (past)
Vonda BrunstingDirector (past)
Molly Thomas-jensenSecretary
Varshini PrakashTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$401,146
Program Service Revenue
$1,600
Investment Income
$227
Other Revenue
$2,081
All Other Contributions
$401,146
Change in Net Assets
$-107,873

Audited Revenue Reconciliation

Revenue per Audited Statements
$405,054
Total Revenue per Audited Statements
$405,054
Total Revenue per Form 990
$405,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$321,556
Other Expenses$191,371
Total Fundraising Expense$49,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$140,442$31,600$32,519$204,561
Current Officers, Directors, Trustees, and Key Employees$46,346$10,422$10,732$67,500
Travel$54,882$941$19$55,842
Fees for Services Accounting$0$28,658$0$28,658
Payroll Taxes$17,398$4,101$3,949$25,448
Other Employee Benefits$0$24,047$0$24,047
Occupancy$5,114$14,250$0$19,364
Office Expenses$8,089$2,071$0$10,160
Conferences and Meetings$7,125$65$0$7,190
Other Expenses$255$4,679$0$4,934
Information Technology$3,404$575$31$4,010
All Other Expenses$1,346$1,931$539$3,816
Insurance$0$2,234$0$2,234
Depreciation Depletion$0$1,393$0$1,393
Total Functional Expenses$332,144$131,658$49,125$512,927

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$512,927
Total Expenses per Audited Statements$512,927
Total Expenses per Form 990$512,927
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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
Filing and Contact Details

Filer

Filer Name
Responsible Endowments Coalition
EIN
20-3257916
Phone
7186738669
Address
33 FLATBUSH AVE 5TH FLOOR, BROOKLYN, NY 11217

Signing Officer

Name
Marcie Smith
Title
Executive Director
Phone
7186738669
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcie Smith
Formed
2004
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
13
Volunteers
15

Preparer

Firm
Renzi Bernardi Suarez & Co
Address
587 Haddon Avenue, Collingswood, NJ 08108
Preparer
Edward a Suarez CPA Mba
Phone
8568587887
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

No committee has the authority to act on behalf of the governing body.

Pt VI, Line 11B

Draft copy of 990 reviewed by board members.

Pt VI, Line 12C

All board members and staff are asked each year about conflicts, and are required to sign a conflict statement if they have any.

Pt VI, Line 15A

The human resources committee of the board of directors annually chooses a special subcommittee to perform the evaluation. If an officer met performance measures and the organization's financial situation justifies it, the board looks to peer organizations to gain an understanding of their salaries.

Pt VI, Line 15B

See answer to pt vi, line 15a

Pt VI, Line 19

UPON REQUEST

Form 990EZ, Part II, Line 24

CONTRIBUTIONS RECEIVABLE

Form 990EZ, Part II, Line 24

SECURITY DEPOSIT

Form 990EZ, Part II, Line 24

ACCOUNTS RECEIVABLE

Form 990EZ, Part II, Line 24

PREPAID EXPENSES

Form 990EZ, Part II, Line 26

Accounts payable

Form 990EZ, Part II, Line 26

Accrued expenses

Form 990, Part IX, Line 24E

Professional development 1203. 1203. 0. 0.

Form 990, Part IX, Line 24E

Bank charges and fees 1465. 50. 876. 539.

Form 990, Part IX, Line 24E

Dues and subscriptions 1148. 93. 1055. 0.

Financial Statement Notes

Pt XI, Line 4B

SPECIAL EVENT EXPENSES

Pt XII, Line 2D

SPECIAL EVENT EXPENSES

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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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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04101
IRS990/PayrollTaxesGrp/ProgramServicesAmt017398
IRS990/PayrollTaxesGrp/TotalAmt025448
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt020000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01070
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0863
IRS990/PrincipalOfficerNm0MARCIE SMITH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0813319
IRS990/ProgramServiceRevenueGrp/Desc0HONORARIUMS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01600
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0483336
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0382
IRS990/PYOtherExpensesAmt0217057
IRS990/PYOtherRevenueAmt01358
IRS990/PYProgramServiceRevenueAmt02543
IRS990/PYRevenuesLessExpensesAmt027077
IRS990/PYSalariesCompEmpBnftPaidAmt0243485
IRS990/PYTotalExpensesAmt0460542
IRS990/PYTotalRevenueAmt0487619
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-107873
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01600
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: MISCELLANEOUS 2011: 0. 2012: 462. 2013: 4789. 2014: 1987. 2015: 2080.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0401147
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0502319
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0426874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0436689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0228826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01995855
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0382
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0412
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0397
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02431
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt043821
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02080
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01987
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04789
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0462
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09318
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99410
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99450
IRS990ScheduleA/PublicSupportTotal170Amt01995855
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0401147
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0502319
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0426874
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0436689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0228826
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01995855
IRS990ScheduleA/TotalSupportAmt02007604
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt03368
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04337
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07705
IRS990ScheduleD/ExpensesSubtotalAmt0512927
IRS990ScheduleD/RevenueSubtotalAmt0405054
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03368
IRS990ScheduleD/TotalExpensesPerForm990Amt0512927
IRS990ScheduleD/TotalRevenuePerForm990Amt0405054
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0405054
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0512927
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DRAFT COPY OF 990 REVIEWED BY BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS AND STAFF ARE ASKED EACH YEAR ABOUT CONFLICTS, AND ARE REQUIRED TO SIGN A CONFLICT STATEMENT IF THEY HAVE ANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY CHOOSES A SPECIAL SUBCOMMITTEE TO PERFORM THE EVALUATION. IF AN OFFICER MET PERFORMANCE MEASURES AND THE ORGANIZATION'S FINANCIAL SITUATION JUSTIFIES IT, THE BOARD LOOKS TO PEER ORGANIZATIONS TO GAIN AN UNDERSTANDING OF THEIR SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEE ANSWER TO PT VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRIBUTIONS RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SECURITY DEPOSIT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACCOUNTS RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PREPAID EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts payable
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Accrued expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PROFESSIONAL DEVELOPMENT 1203. 1203. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13BANK CHARGES AND FEES 1465. 50. 876. 539.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14DUES AND SUBSCRIPTIONS 1148. 93. 1055. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/StatesWhereCopyOfReturnIsFldCd1NY
IRS990/StatesWhereCopyOfReturnIsFldCd2MA
IRS990/StatesWhereCopyOfReturnIsFldCd3NC
IRS990/StatesWhereCopyOfReturnIsFldCd4CA
IRS990/StatesWhereCopyOfReturnIsFldCd5GA
IRS990/StatesWhereCopyOfReturnIsFldCd6CT
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0184895

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