Civic Intelligence

Fred'S Charitable Foundation

EIN 20-3959931 • 501(c)3 • Memphis, TN

Profile

FINANCIAL ASSISTANCE

4300 New Getwell RoadMemphis, TN 38118

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

90th percentile

52%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-46%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$37,153

Up $3,730 (+11%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin90th percentile

Revenue

Down

$7,230

Down $6,250 (-46%) from 2017

Expenses

Down

$3,500

Down $2,000 (-36%) from 2017

Net Income

Down

$3,730

Down $4,250 (-53%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth69th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2010: $11,359Liabilities 2010: $0Net Assets 2010: $11,3592010Assets 2011: $11,107Liabilities 2011: $0Net Assets 2011: $11,1072011Assets 2012: $12,212Liabilities 2012: $0Net Assets 2012: $12,2122012Assets 2013: $32,665Liabilities 2013: $0Net Assets 2013: $32,6652013Assets 2014: $38,846Liabilities 2014: $0Net Assets 2014: $38,8462014Assets 2015: $42,704Liabilities 2015: $0Net Assets 2015: $42,7042015Assets 2016: $29,377Liabilities 2016: $0Net Assets 2016: $29,3772016Assets 2017: $33,423Liabilities 2017: $0Net Assets 2017: $33,4232017Assets 2018: $37,153Liabilities 2018: $02018

Highlighted filing

2018

Assets$37,153
Liabilities$0
Net Assets-
Open 2018 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10K-$20KRevenue 2010: $4,127Expenses 2010: $1,500Net Income 2010: $2,6272010Revenue 2011: $6,948Expenses 2011: $7,200Net Income 2011: -$2522011Revenue 2012: $5,405Expenses 2012: $4,300Net Income 2012: $1,1052012Revenue 2013: $22,953Expenses 2013: $2,500Net Income 2013: $20,4532013Revenue 2014: $17,681Expenses 2014: $11,500Net Income 2014: $6,1812014Revenue 2015: $9,358Expenses 2015: $5,500Net Income 2015: $3,8582015Revenue 2016: $3,311Expenses 2016: $16,638Net Income 2016: -$13,3272016Revenue 2017: $13,480Expenses 2017: $5,500Net Income 2017: $7,9802017Revenue 2018: $7,230Expenses 2018: $3,500Net Income 2018: $3,7302018

Highlighted filing

2018

Revenue$7,230
Expenses$3,500
Net Income$3,730
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$37,153
Liabilities
$0
Net assets
-
Revenue
$7,230
Expenses
$3,500
Net income
$3,730
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Summary only. Only limited summary data is available for this year.$37.2$0.00$7.23$3.50$3.73
2017Detailed filing. Detailed filing data is available for this year.$33.4$0.00$33.4$13.5$5.50$7.98
2016Detailed filing. Detailed filing data is available for this year.$29.4$0.00$29.4$3.31$16.6$13.3
2015Detailed filing. Detailed filing data is available for this year.$42.7$0.00$42.7$9.36$5.50$3.86
2014Detailed filing. Detailed filing data is available for this year.$38.8$0.00$38.8$17.7$11.5$6.18
2013Detailed filing. Detailed filing data is available for this year.$32.7$0.00$32.7$23.0$2.50$20.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$0.00$12.2$5.41$4.30$1.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$0.00$11.1$6.95$7.20$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$0.00$11.4$4.13$1.50$2.63
Latest Detailed Filing

The latest 2018 filing currently has summary financial data only. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$13,480
Mission and Program Overview

Mission

FINANCIAL ASSISTANCE

Program Services

DescriptionGrantsExpenses
THE FOUNDATION'S ACTIVITIES INCLUDE PROVIDING FINANCIAL ASSISTANCE TO EMPLOYEES OF FRED'S INC. AND ITS SUBSIDIARIES WHO AS A RESULT OF DISASTER HAVE TEMPORARILY LOST THE ABILITY TO PROVIDE THE BASIC LIFE NECESSITIES OF FOOD, CLOTHING, AND SHELTER FOR THEMSELVES AND THEIR FAMILIES.$5,500$5,500
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AMY JOHNSONTrustee-$0--
PATTY RALEYTrustee-$0--
Ronald KayTreasurerPT$0--
BERNICE BLOOMTrustee-$0--
Filing and Contact Details

Filer

Filer Name
FRED'S CHARITABLE FOUNDATION
EIN
20-3959931
In Care Of
% RONALD T KAY
Phone
9013658880
Address
4300 NEW GETWELL ROAD, MEMPHIS, TN 38118

Signing Officer

Name
Ronald T Kay
Title
Treasurer
Phone
9012382877
Signed
2018-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Kpmg Llp
Address
300 N GREENE STREET STE 400, GREENSBORO, NC 27401
Preparer
Shawn M Hutchinson
Phone
3362753394
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Grants paid grants and similar amounts paid to 10 employees of fred's, inc. For disaster relief assistance. Grants paid throughout the year totaled $5,500.”

Form 990EZ, Part I, Line 20

“Change in beginning cash balance.”

Raw XML Appendix155 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RONALD T KAY
IRS990EZ/BooksInCareOfDetail/PhoneNum09012382877
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04300 NEW GETWELL ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038118
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt029377
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt033423
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013480
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07980
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029377
IRS990EZ/Form990TotalAssetsGrp/EOYAmt033423
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt05500
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt013480
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt029377
IRS990EZ/NetAssetsOrFundBalancesEOYAmt033423
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt029377
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt033423
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AMY JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PATTY RALEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ronald Kay
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BERNICE BLOOM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-3934
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FINANCIAL ASSISTANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION'S ACTIVITIES INCLUDE PROVIDING FINANCIAL ASSISTANCE TO EMPLOYEES OF FRED'S INC. AND ITS SUBSIDIARIES WHO AS A RESULT OF DISASTER HAVE TEMPORARILY LOST THE ABILITY TO PROVIDE THE BASIC LIFE NECESSITIES OF FOOD, CLOTHING, AND SHELTER FOR THEMSELVES AND THEIR FAMILIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05500
IRS990EZ/TotalProgramServiceExpensesAmt05500
IRS990EZ/TotalRevenueAmt013480
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09358
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt017681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt022953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt058803
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt058803
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03311
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09358
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt017681
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt022953
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt058803
IRS990ScheduleA/TotalSupportAmt058803
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANTS PAID GRANTS AND SIMILAR AMOUNTS PAID TO 10 EMPLOYEES OF FRED'S, INC. FOR DISASTER RELIEF ASSISTANCE. GRANTS PAID THROUGHOUT THE YEAR TOTALED $5,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHANGE IN BEGINNING CASH BALANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ, PART I, LINE 20
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD T KAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09012382877
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRED'S CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FRED
ReturnHeader/Filer/EIN0203959931
ReturnHeader/Filer/InCareOfNm0% RONALD T KAY
ReturnHeader/Filer/PhoneNum09013658880
ReturnHeader/Filer/USAddress/AddressLine1Txt04300 NEW GETWELL ROAD
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038118
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C8CB3EFEA1BF4B35460B00C83F6DA374EAE250A1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C8CB3EFEA1BF4B35460B00C83F6DA374EAE250A1
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId062031220183195000021
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-11-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.102.5
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPMG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 N GREENE STREET STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027401
ReturnHeader/PreparerPersonGrp/PhoneNum03362753394
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHAWN M HUTCHINSON
ReturnHeader/ReturnTs02018-11-15T17:04:58-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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