Civic Intelligence

Fred S Charitable Foundation

990EZ • Fiscal year 2016 • EIN 20-3959931

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization ProfileN/A
4300 New Getwell RoadMemphis, TN 38118

(901) 365-8880

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

2nd percentile

-403%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

15th percentile

-31%

Faster asset growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

6th percentile

-65%

Faster revenue growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$29,377

Down $13,327 (-31%) from 2015

Net Assets

Down

$29,377

Down $13,327 (-31%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin2nd percentile

Revenue

Down

$3,311

Down $6,047 (-65%) from 2015

Expenses

Up

$16,638

Up $11,138 (+203%) from 2015

Net Income

Down

-$13,327

Down $17,185 (-445%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$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

2016

Assets$29,377
Liabilities$0
Net Assets$29,377
Open 2016 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$3,311
Expenses$16,638
Net Income-$13,327
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$3,311
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.$16,500$16,500
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICKY PRUITTTrustee-$0--
RICK CHAMBERSTrustee-$0--
AMY JOHNSONTrustee-$0--
PATTY RALEYTrustee-$0--
Ronald KayTreasurerPT$0--
MARK DELYTrustee-$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
2017-11-15
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 33 employees of fred's, inc. For disaster relief assistance. Grants paid throughout the year totaled $16,500.”

Form 990EZ Part I Line 16

“Description:BANK FEES Amount:138”

Raw XML Appendix173 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/BOYAmt042704
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029377
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt03311
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-13327
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt042704
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029377
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt016500
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt03311
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt042704
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029377
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt042704
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029377
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICKY PRUITT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICK CHAMBERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2AMY JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PATTY RALEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Ronald Kay
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARK DELY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6BERNICE BLOOM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt0138
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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/GrantsAndAllocationsAmt016500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016500
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/TotalExpensesAmt016638
IRS990EZ/TotalProgramServiceExpensesAmt016500
IRS990EZ/TotalRevenueAmt03311
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt09358
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt022953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05405
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt058708
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt058708
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03311
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt09358
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt017681
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt022953
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05405
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt058708
IRS990ScheduleA/TotalSupportAmt058708
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANTS PAID GRANTS AND SIMILAR AMOUNTS PAID TO 33 EMPLOYEES OF FRED'S, INC. FOR DISASTER RELIEF ASSISTANCE. GRANTS PAID THROUGHOUT THE YEAR TOTALED $16,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:BANK FEES Amount:138
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD T KAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09012382877
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
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/AtSubmissionFilingDeviceId06F0B6B80D9AF3E465E3EFF735501F84D9E56C8DC
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId062031220173195000029
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-11-15
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/PreparerPersonNm0SHAWN M HUTCHINSON
ReturnHeader/ReturnTs02017-11-15T18:46:35-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,377
Liabilities
$0
Net assets
$29,377
Revenue
$3,311
Expenses
$16,638
Net income
-$13,327
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