Civic Intelligence

Germantown Education Foundation

990 • Fiscal year 2018 • EIN 20-5407626

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 13, 2018

6685 Poplar Avenue Suite 202Germantown, TN 38138

(901) 757-7248

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$52,500

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 25.2% of source-year revenue.

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

Asset Growth

20th percentile

-21%

Faster asset growth than 20% of similar nonprofits.

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

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Down

$140,381

Down $36,873 (-21%) from 2017

Net Assets

Down

$140,381

Down $36,873 (-21%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$208,218

Up $23,365 (+13%) from 2017

Expenses

Up

$245,091

Up $43,757 (+22%) from 2017

Net Income

Down

-$36,873

Down $20,392 (-124%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $98,593Liabilities 2011: $0Net Assets 2011: $98,5932011Assets 2012: $105,711Liabilities 2012: $0Net Assets 2012: $105,7112012Assets 2013: $104,516Liabilities 2013: $0Net Assets 2013: $104,5162013Assets 2014: $103,481Liabilities 2014: $0Net Assets 2014: $103,4812014Assets 2015: $96,524Liabilities 2015: $0Net Assets 2015: $96,5242015Assets 2016: $192,438Liabilities 2016: $0Net Assets 2016: $192,4382016Assets 2017: $177,254Liabilities 2017: $0Net Assets 2017: $177,2542017Assets 2018: $140,381Liabilities 2018: $0Net Assets 2018: $140,3812018Assets 2019: $277,385Liabilities 2019: $63,663Net Assets 2019: $213,7222019Assets 2020: $234,276Liabilities 2020: $14,062Net Assets 2020: $220,2142020Assets 2021: $201,174Liabilities 2021: $3,352Net Assets 2021: $197,8222021Assets 2022: $233,958Liabilities 2022: $41,745Net Assets 2022: $192,2132022Assets 2023: $206,530Liabilities 2023: $2,762Net Assets 2023: $203,7682023Assets 2024: $269,346Liabilities 2024: $2,263Net Assets 2024: $267,0832024

Highlighted filing

2018

Assets$140,381
Liabilities$0
Net Assets$140,381

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $136,8312011Expenses 2012: $78,0482012Expenses 2013: $1,8652013Revenue 2014: $605Expenses 2014: $1,640Net Income 2014: -$1,0352014Revenue 2015: $6,791Expenses 2015: $13,748Net Income 2015: -$6,9572015Revenue 2016: $209,111Expenses 2016: $113,197Net Income 2016: $95,9142016Revenue 2017: $184,853Expenses 2017: $201,334Net Income 2017: -$16,4812017Revenue 2018: $208,218Expenses 2018: $245,091Net Income 2018: -$36,8732018Revenue 2019: $178,589Expenses 2019: $105,207Net Income 2019: $73,3822019Revenue 2020: $160,075Expenses 2020: $153,583Net Income 2020: $6,4922020Revenue 2021: $176,714Expenses 2021: $199,006Net Income 2021: -$22,2922021Revenue 2022: $231,809Expenses 2022: $237,418Net Income 2022: -$5,6092022Revenue 2023: $199,548Expenses 2023: $187,993Net Income 2023: $11,5552023Revenue 2024: $274,516Expenses 2024: $211,201Net Income 2024: $63,3152024

Highlighted filing

2018

Revenue$208,218
Expenses$245,091
Net Income-$36,873
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$408,313
Mission and Program Overview

Mission

Distribute funds for educational purposes to directly support the public education of children in germantown, tennessee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$43,771$123,564▲ $79,793
Savings and Temporary Cash Investments$133,483$12,817▼ $120,666
Pledges and Grants Receivable-$4,000-
Total Assets$177,254$140,381▼ $36,873
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$177,254$140,381▼ $36,873
Total Net Assets Fund Balance$177,254$140,381▼ $36,873
Total Liabilities and Net Assets / Fund Balance$177,254$140,381▼ $36,873
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stephanie BrockwayExec. Director TFT$52,500$52,500

Board Members and Trustees

NameTitle
Debra WilesPresident
Adrienne PriceDirector
David BaytosDirector
Gary YenserDirector
Marissa LoperDirector
Mike PalazzoloDirector
Tripp TurnerDirector
Kristi RansomExec. Director F
David CarlisleSecretary
Ralph GabbTreasurer
Alyce DrakeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$235,666
Program Service Revenue
$0
Investment Income
$45
Other Revenue
$-27,493
All Other Contributions
$18,341
Change in Net Assets
$-36,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$110,172
Other Expenses$87,338
Salaries, Compensation, and Employee Benefits$47,581
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$71,852--$71,852
Current Officers, Directors, Trustees, and Key Employees-$44,200-$44,200
Grants to Domestic Individuals$38,320--$38,320
Fees for Services Other-$35,000-$35,000
Advertising-$19,483-$19,483
Office Expenses-$8,527-$8,527
Insurance-$7,455-$7,455
Fees for Services Accounting-$5,250-$5,250
Payroll Taxes-$3,381-$3,381
All Other Expenses-$1,948-$1,948
Other Expenses-$925-$925
Total Functional Expenses$110,172$134,919$0$245,091
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dogwood Elementary SchoolGermantown, TN-Education$17,837
Farmington Elementary SchoolGermantown, TN-Education$13,093
Germantown Municpal School DistrictGermantown, TN-Education$11,000
Houston Middle SchoolGermantown, TN-Education$10,931
Houston High SchoolGermantown, TN-Education$10,559
Riverdale Elementary SchoolGermantown, TN-Education$8,432
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$200,095
Fundraising Gross Income$172,602
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
5k Color Run$77,127$77,127$34,001$43,126
Octoberfest$115,321$41,144$77,294$-36,150
Total Events$258,751$172,426$200,095$-27,669
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
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the executive director and the entire board. Upon their approval of the form 990, the officer signs and files the return with the irs.

Form 990, Page 6, Part VI, Line 19

Governing documents are available for review upon written request to the board of directors.

Filing and Contact Details

Filer

Filer Name
Germantown Education Foundation
EIN
20-5407626
Phone
9017577248
Address
6685 POPLAR AVENUE SUITE 202, GERMANTOWN, TN 38138

Signing Officer

Name
Debra Wiles
Title
President
Phone
9017577248
Signed
2018-11-13

Organization Details

Principal Officer
Debra Wiles
Formed
2006
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
10

Preparer

Firm
Whitehorn Tankersley & Davis Pllc
Address
670 OAKLEAF OFFICE LANE, MEMPHIS, TN 38117-4811
Preparer
Lee E Hood
Phone
9017675080
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees 0 35,000 0

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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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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0224474
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99690
IRS990ScheduleA/PublicSupportPY170Pct00.99330
IRS990ScheduleA/PublicSupportTotal170Amt0501417
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0235666
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0127553
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0138098
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0501417
IRS990ScheduleA/TotalSupportAmt0502999
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt086325
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt074177
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt012148
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0200095
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt012456
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt012456
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0OCTOBERFEST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm05K COLOR RUN
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt018131
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt096
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt035
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt018262
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0115321
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt077127
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt066303
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0258751
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt041144
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt077127
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt054155
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0172426
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-27669
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01782
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0113077
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt077294
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt034001
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt055425
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt0875
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt056300
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt038320
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EDUCATIONAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0GIFT CARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0370
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/CashGrantAmt017837
IRS990ScheduleI/RecipientTable/CashGrantAmt113093
IRS990ScheduleI/RecipientTable/CashGrantAmt211000
IRS990ScheduleI/RecipientTable/CashGrantAmt310559
IRS990ScheduleI/RecipientTable/CashGrantAmt410931
IRS990ScheduleI/RecipientTable/CashGrantAmt58432
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DOGWOOD ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FARMINGTON ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2GERMANTOWN MUNICPAL SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3HOUSTON HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4HOUSTON MIDDLE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5RIVERDALE ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt08945 DOGWOOD ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12085 CORDES ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt26685 POPLAR AVE STE 202
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt39755 WOLF RIVER BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt49400 WOLF RIVER BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt57391 NESHOBA ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GERMANTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm1GERMANTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm2GERMANTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm3GERMANTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm4GERMANTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm5GERMANTOWN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd038139
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd138139
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd238138
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd338139
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd438139
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd538138
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE CHARITY COORDINATES WITH THE GRANT RECIPIENT TO SUBMIT STATUS REPORTS ON THE USE OF GRANT FUNDS, AS WELL AS METRICS THAT MEASURE THE RESULTS AND SUCCESS OF THE PROGRAM.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE ENTIRE BOARD. UPON THEIR APPROVAL OF THE FORM 990, THE OFFICER SIGNS AND FILES THE RETURN WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW UPON WRITTEN REQUEST TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER PROFESSIONAL FEES 0 35,000 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0177254
IRS990/TotalAssetsEOYAmt0140381
IRS990/TotalAssetsGrp/BOYAmt0177254
IRS990/TotalAssetsGrp/EOYAmt0140381
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0235666
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0134919
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0110172
IRS990/TotalFunctionalExpensesGrp/TotalAmt0245091
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0177254
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0140381
IRS990/TotalProgramServiceExpensesAmt0110172
IRS990/TotalReportableCompFromOrgAmt052500

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.69$0.02$2.67$2.75$2.11$0.63
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.03$2.04$2.00$1.88$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.42$1.92$2.32$2.37$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.03$1.98$1.77$1.99$0.22
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.14$2.20$1.60$1.54$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.64$2.14$1.79$1.05$0.73
2018Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$2.08$2.45$0.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.00$1.77$1.85$2.01$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.00$1.92$2.09$1.13$0.96
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$0.07$0.14$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.01$0.02$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.00$1.05$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$1.37