Civic Intelligence

Rockley Family Foundation Inc.

990 • Fiscal year 2016 • EIN 20-8233098

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

470 Sunrise DrGolden, CO 80401

(303) 210-1571

Siviq Scores

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

Liabilities / Assets

90th percentile

0.93x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.12x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

29th percentile

-3.3%

Higher net margin than 29% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

73rd percentile

9.6%

Faster asset growth than 73% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

41st percentile

0.2%

Faster revenue growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$594,922

Up $52,212 (+9.6%) from 2015

Net Assets

Down

$42,332

Down $159,294 (-79%) from 2015

Liabilities

Up

$552,590

Up $211,506 (+62%) from 2015

Revenue

Up

$4,755,928

Up $8,950 (+0.2%) from 2015

Expenses

Up

$4,915,222

Up $63,063 (+1.3%) from 2015

Net Income

Down

-$159,294

Down $54,113 (-51%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $19,294Liabilities 2010: $0Net Assets 2010: $19,2942010Assets 2011: $47,634Liabilities 2011: $95,569Net Assets 2011: -$47,9352011Assets 2012: $3,930Liabilities 2012: $198,607Net Assets 2012: -$194,6772012Assets 2013: $73,027Liabilities 2013: $358,647Net Assets 2013: -$285,6202013Assets 2015: $542,710Liabilities 2015: $341,084Net Assets 2015: $201,6262015Assets 2016: $594,922Liabilities 2016: $552,590Net Assets 2016: $42,3322016Assets 2017: $772,575Liabilities 2017: $690,848Net Assets 2017: $81,7272017Assets 2018: $1,192,798Liabilities 2018: $1,063,584Net Assets 2018: $129,2142018Assets 2019: $1,101,500Liabilities 2019: $695,044Net Assets 2019: $406,4562019Assets 2020: $1,106,358Liabilities 2020: $1,121,063Net Assets 2020: -$14,7052020Assets 2021: $1,094,070Liabilities 2021: $983,652Net Assets 2021: $110,4182021Assets 2022: $830,392Liabilities 2022: $723,757Net Assets 2022: $106,6352022Assets 2023: $921,397Liabilities 2023: $927,195Net Assets 2023: -$5,7982023Assets 2024: $753,942Liabilities 2024: $726,174Net Assets 2024: $27,7682024

Highlighted filing

2016

Assets$594,922
Liabilities$552,590
Net Assets$42,332

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,491,8212010Expenses 2011: $4,167,6802011Expenses 2012: $1,120,2972012Revenue 2013: $4,850,386Expenses 2013: $4,941,329Net Income 2013: -$90,9432013Revenue 2015: $4,746,978Expenses 2015: $4,852,159Net Income 2015: -$105,1812015Revenue 2016: $4,755,928Expenses 2016: $4,915,222Net Income 2016: -$159,2942016Revenue 2017: $5,238,217Expenses 2017: $5,198,822Net Income 2017: $39,3952017Revenue 2018: $5,958,306Expenses 2018: $5,922,653Net Income 2018: $35,6532018Revenue 2019: $6,913,210Expenses 2019: $6,635,970Net Income 2019: $277,2402019Revenue 2020: $5,510,043Expenses 2020: $5,912,255Net Income 2020: -$402,2122020Revenue 2021: $6,767,758Expenses 2021: $6,642,635Net Income 2021: $125,1232021Revenue 2022: $7,562,950Expenses 2022: $7,566,734Net Income 2022: -$3,7842022Revenue 2023: $7,262,314Expenses 2023: $7,374,747Net Income 2023: -$112,4332023Revenue 2024: $8,183,852Expenses 2024: $8,150,286Net Income 2024: $33,5662024

Highlighted filing

2016

Revenue$4,755,928
Expenses$4,915,222
Net Income-$159,294
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$7,091,979
Mission and Program Overview

Mission

To promote music education.

To promote music education. This is accomplished by raising money for music scholarships, donation of musical instruments to the under privileged and donation of the use of musical instruments to the music educational community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivable From Disqualified Prsn$459,900$411,183▼ $48,717
Receivables From Officers Etc-$118,383-
Accounts Receivable$78,055$61,306▼ $16,749
Rtn Earn Endowment Incm Other Fnds$201,626$42,332▼ $159,294
Loans From Officers Directors$25,003--
Cash and Non-Interest-Bearing Accounts$3,855$3,050▼ $805
Inventories for Sale or Use$900$900→ $0
Savings and Temporary Cash Investments-$100-
Total Assets$542,710$594,922▲ $52,212
Liabilities
Accounts Payable and Accrued Expenses$316,081$552,590▲ $236,509
Total Liabilities$341,084$552,590▲ $211,506
Net Assets / Fund Balance
Total Net Assets Fund Balance$201,626$42,332▼ $159,294
Total Liabilities and Net Assets / Fund Balance$542,710$594,922▲ $52,212
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tobin RockleyPresidentFT$275,434-$275,434
Tobin Rockley---$275,434$275,434
Liane Pieffer RockleySecretary/Treasurer-$540-$540

Board Members and Trustees

NameTitle
Nina RockleyDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Encore ConsultingEvent Sales7 Eckert Road, Hainesport, NJ 08036$130,279
Paul SalazarEvent Sales6654 Kendall St, Arvada, CO 80003$102,797
Revenue and Support

Revenue Composition

Contributions and Grants
$6,914
Program Service Revenue
$0
Investment Income
$3
Other Revenue
$4,749,011
All Other Contributions
$6,914
Change in Net Assets
$-159,294
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,757,907
Total Fundraising Expense$2,135,910
Other Expenses$1,400,358
Salaries, Compensation, and Employee Benefits$756,957
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,757,907--$2,757,907
Advertising$0$0$1,082,331$1,082,331
Current Officers, Directors, Trustees, and Key Employees$0$0$694,928$694,928
Travel$0$0$102,718$102,718
Other Salaries and Wages$0$9,417$37,669$47,086
Other Expenses$0$0$33,370$33,370
Payroll Taxes$0$2,989$11,954$14,943
Office Expenses$0$5,039$8,428$13,467
Fees for Services Accounting$0$295$1,179$1,474
Occupancy$0$0$356$356
Insurance$0$325$0$325
Total Functional Expenses$2,757,907$21,405$2,135,910$4,915,222
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Dallas OperaDallas, TX501(c)3Education of Students$4,000
CU-Anschutz (CU Foundation)Denver, CO501(c)3Education of Students$2,000
Princeton Public SchoolsPrinceton, PA501(c)3Education of Students$2,000
University of Nebraska - OmahaOmaha, NE501(c)3Education of Students$2,000
Arapaho Community CollegeLittleton, CO501(c)3Education of Students$1,500
Auraria Higher Education MetroUCDDenver, CO501(c)3Education of Students$1,500
Seton Hall UniversitySouth Orange, NJ501(c)3Education of Students$1,500
UDEL - NewarkNewark, DE501(c)3Education of Students$1,500
Arvada CenterArvada, CO501(c)3Education of Students$1,000
Colorado Christian UniversityLakewood, CO501(c)3Education of Students$1,000
University of North CarolinaCharlotte, NC501(c)3Education of Students$1,000
University of Northern ColoradoGreeley, CO501(c)3Education of Students$1,000
Thompson School DistrictLoveland, CO501(c)3Educatio of Students$600
Brookdale Community CollegeLincroft, NJ501(c)3Education of Students-
BvsdBoulder, CO501(c)3Education of Students-
Collin County Community CollegeMckinney, TX501(c)3Education of Students-
Colorado Children's ChoraleDenver, CO501(c)3Education-
Colorado Institute of Music IncDenver, CO501(c)3Education of Students-
Concordia University-TexasAustin, TX501(c)3Education of Students-
Eastern UniversityWayne, PA501(c)3Education of Students-
Fordham UniversityBronx, NY501(c)3Education of Students-
Fort Worth Isd Education FoundationFort Worth, TX501(c)3Education of Students-
GsuAtlanta, GA501(c)3Education of Students-
Kent State UniversityKent, OH501(c)3Education of Students-
Manhattanville CollegePurchase, NY501(c)3Education of Students-
Morehouse CollegeAtlanta, GA501(c)3Education of Students-
San Diego State University FoundationSan Diego, CA501(c)3Education of Students-
Texas Christian UniversityFort Worth, TX501(c)3Education of Students-
The David Nathan Meyerson FoundationDallas, TX501(c)3Education of Students-
The Fort Worth Opera Association IncorporatedFort Worth, TX501(c)3Music Outreach-
UNIVERISTY OF COLORADO - COLORADO SPRINGS (CU Foundation)Colorado Springs, CO501(c)3Education of Students-
Umkc FoundationKansas City, MO501(c)3Education of Students-
William Jewell CollegeLiberty, MO501(c)3Education of Students-
Wisconsin Lutheran CollegeMilwaukee, WI501(c)3Education of Students-
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$459,900$411,183▼ $48,717
Receivables from Officers, Directors, Trustees, and Key Employees-$118,383-
Loans from Officers, Directors, Trustees, and Key Employees$25,003--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Rockley Family Foundation
EIN
20-8233098
Phone
3032101571
Address
470 Sunrise Dr, Golden, CO 80401

Signing Officer

Name
Tobin Rockley
Title
President
Phone
3032101571
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tobin Rockley
Formed
2007
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
0
Employees
2
Volunteers
2

Preparer

Firm
Cornerstone Professional Accountants Pc
Address
3609 S WADSWORTH BLVD STE 140, LAKEWOOD, CO 80235-2108
Preparer
Kelly R Mcdonald CPA
Phone
3039800555
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

One of the Directors also is an owner of a music store. Rockley Music

Pt VI, Line 8A

The meetings are documented

Pt VI, Line 8B

The Board has not created any committees

Pt VI, Line 12C

The Board reviews the conflict of interest on an annual basis

Pt VI, Line 11B

The Board had an opportunity to review the 990.

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IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc1Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc2Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc3Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc4Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc5Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc6Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc7Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc8Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc9Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc10Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc11Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc12Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc13Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc14Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc15Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc16Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc17Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc18Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc19Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc20Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc21Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc22Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc23Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc24Music instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc25Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc26Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc27Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc28Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc29Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc30Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc31Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc32Music Instruments
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc33Music Instruments
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Education of Students
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Education of Students
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Education of Students
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Education of Students
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Education of Students
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Education of Students

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.75$0.73$0.03$8.18$8.15$0.03
2023Summary only. Only limited summary data is available for this year.$0.92$0.93$0.01$7.26$7.37$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.72$0.11$7.56$7.57$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.98$0.11$6.77$6.64$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$1.12$0.01$5.51$5.91$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.70$0.41$6.91$6.64$0.28
2018Detailed filing. Detailed filing data is available for this year.$1.19$1.06$0.13$5.96$5.92$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.69$0.08$5.24$5.20$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.55$0.04$4.76$4.92$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.34$0.20$4.75$4.85$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.07$0.36$0.29$4.85$4.94$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.20$0.19$1.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.10$0.05$4.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$2.49