Civic Intelligence

Gem Foundation Inc.

990PF • Fiscal year 2016 • EIN 20-8856858

Jan 01, 2016 to Dec 31, 2016 • Filed on May 01, 2017

130 Stevens LaneFar Hills, NJ 07931

(908) 234-9219

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 • NTEE T • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.00x

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

2016 filings • NTEE T • $10M-$25M nonprofits • Source year 2016

Net Margin

63rd percentile

27%

Higher net margin than 63% of similar nonprofits.

2016 filings • NTEE T • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

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

2016 filings • NTEE T • $10M-$25M nonprofits • Source year 2016

Asset Growth

52nd percentile

0.5%

Faster asset growth than 52% of similar nonprofits.

2016 filings • NTEE T • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

3rd percentile

-98%

Faster revenue growth than 3% of similar nonprofits.

2016 filings • NTEE T • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$18,081,000

Up $94,564 (+0.5%) from 2015

Net Assets

Up

$18,081,000

Up $94,564 (+0.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$350,638

Down $14,857,193 (-98%) from 2015

Expenses

Down

$256,074

Down $1,038,646 (-80%) from 2015

Net Income

Down

$94,564

Down $13,818,547 (-99%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $1,357,565Liabilities 2011: $02011Assets 2012: $2,300,106Liabilities 2012: $02012Assets 2013: $2,923,838Liabilities 2013: $02013Assets 2014: $4,073,325Liabilities 2014: $02014Assets 2015: $17,986,436Liabilities 2015: $0Net Assets 2015: $17,986,4362015Assets 2016: $18,081,000Liabilities 2016: $0Net Assets 2016: $18,081,0002016Assets 2017: $17,402,722Liabilities 2017: $0Net Assets 2017: $17,402,7222017Assets 2018: $7,140,167Liabilities 2018: $0Net Assets 2018: $7,140,1672018Assets 2019: $6,987,032Liabilities 2019: $0Net Assets 2019: $6,987,0322019Assets 2020: $6,364,968Liabilities 2020: $0Net Assets 2020: $6,364,9682020Assets 2021: $6,262,140Liabilities 2021: $0Net Assets 2021: $6,262,1402021Assets 2022: $5,950,543Liabilities 2022: $0Net Assets 2022: $5,950,5432022Assets 2023: $5,889,409Liabilities 2023: $0Net Assets 2023: $5,889,4092023Assets 2024: $6,183,681Liabilities 2024: $0Net Assets 2024: $6,183,6812024

Highlighted filing

2016

Assets$18,081,000
Liabilities$0
Net Assets$18,081,000

Operations Trend

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

$20M$10M$0-$10M-$20MRevenue 2011: $637,057Expenses 2011: $708,069Net Income 2011: -$71,0122011Revenue 2012: $2,446,117Expenses 2012: $1,503,576Net Income 2012: $942,5412012Revenue 2013: $1,875,143Expenses 2013: $1,251,411Net Income 2013: $623,7322013Revenue 2014: $2,573,314Expenses 2014: $1,423,827Net Income 2014: $1,149,4872014Revenue 2015: $15,207,831Expenses 2015: $1,294,720Net Income 2015: $13,913,1112015Revenue 2016: $350,638Expenses 2016: $256,074Net Income 2016: $94,5642016Revenue 2017: $141,509Expenses 2017: $819,787Net Income 2017: -$678,2782017Revenue 2018: $194,061Expenses 2018: $10,456,616Net Income 2018: -$10,262,5552018Revenue 2019: $150,681Expenses 2019: $303,816Net Income 2019: -$153,1352019Revenue 2020: $35,471Expenses 2020: $657,535Net Income 2020: -$622,0642020Revenue 2021: $649Expenses 2021: $103,477Net Income 2021: -$102,8282021Revenue 2022: $90,972Expenses 2022: $402,569Net Income 2022: -$311,5972022Revenue 2023: $292,327Expenses 2023: $353,461Net Income 2023: -$61,1342023Revenue 2024: $314,720Expenses 2024: $20,448Net Income 2024: $294,2722024

Highlighted filing

2016

Revenue$350,638
Expenses$256,074
Net Income$94,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 1, 2017
Return Version
2016v3.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PUTNAM L CRAFTS JRPresident, Treasurer, & DiPT$0--
MARCIA ZWEIGV.P & Director-$0--
PATRICIA CALLAN CRAFTSSecretary & Director-$0--
MARTHA S SPROULEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Gem Foundation Inc
EIN
20-8856858
Phone
9082349219
Address
130 STEVENS LANE, FAR HILLS, NJ 07931

Signing Officer

Name
Putnam L Crafts Jr
Title
President
Phone
9082349219
Signed
2017-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Olsen & Thompson PA
Address
970 Mount Kemble Ave, Morristown, NJ 07960
Preparer
Jonathan N Olsen CPA
Phone
9734253212
Raw XML Appendix355 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.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2SECRETARY & DIRECTOR
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IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd00
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd00
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0PUTNAM L CRAFTS JR
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0130 STEVENS LANE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0FAR HILLS
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NJ
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd007931
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NJ
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum09082349219
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0PUTNAM L CRAFTS JR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt0100000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt148500
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt2100000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0EDUCATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1EDUCATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2EDUCATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0FRIENDS OF TEAM ACADEMY CHARTER SCHOOL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1NEWARK LEGACY CHARTER SCHOOL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2UNCOMMON SCHOOLS INC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0NONPROFIT CORPORATIO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1NONPROFIT CORPORATIO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2NONPROFIT CORPORATIO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt060 PARK PLACE 802
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1823 SOUTH 16TH STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt2826 BROADWAY 9TH FLOOR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0NEWARK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1NEWARK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NJ
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1NJ
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd007102
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd107013
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd210003
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0248500
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0255316
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0580828
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt0325512
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt0963053
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt01239292
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt01104064
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt01445819
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt0605672
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt0325512
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt0280160
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt04752228
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt0963053
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt01239292
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt01104064
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt01445819
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0255316
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt05032388
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt05357900
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1DUES & SUBSCRIPTIONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2ANNUAL FILING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt01032
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt14050
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt224
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0115
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt1450
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt23
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt01147
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt14500
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt227
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PUTNAM L CRAFTS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09082349219
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GEM FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GEMF
ReturnHeader/Filer/EIN0208856858
ReturnHeader/Filer/PhoneNum09082349219
ReturnHeader/Filer/USAddress/AddressLine1Txt0130 STEVENS LANE
ReturnHeader/Filer/USAddress/CityNm0FAR HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007931
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02626043BAB47728DC757DB5E229EF94FDAEE9DF3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02626043BAB47728DC757DB5E229EF94FDAEE9DF3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.30.105.145
ReturnHeader/FilingSecurityInformation/IPDt02017-05-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:20:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221914497
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Olsen & Thompson PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0970 Mount Kemble Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Morristown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007960
ReturnHeader/PreparerPersonGrp/PhoneNum09734253212
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN N OLSEN CPA
ReturnHeader/ReturnTs02017-05-15T13:23:47-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.18$0.00$6.18$0.31$0.02$0.29
2023Detailed filing. Detailed filing data is available for this year.$5.89$0.00$5.89$0.29$0.35$0.06
2022Detailed filing. Detailed filing data is available for this year.$5.95$0.00$5.95$0.09$0.40$0.31
2021Detailed filing. Detailed filing data is available for this year.$6.26$0.00$6.26$0.00$0.10$0.10
2020Detailed filing. Detailed filing data is available for this year.$6.36$0.00$6.36$0.04$0.66$0.62
2019Detailed filing. Detailed filing data is available for this year.$6.99$0.00$6.99$0.15$0.30$0.15
2018Detailed filing. Detailed filing data is available for this year.$7.14$0.00$7.14$0.19$10.5$10.3
2017Detailed filing. Detailed filing data is available for this year.$17.4$0.00$17.4$0.14$0.82$0.68
2016Detailed filing. Detailed filing data is available for this year.$18.1$0.00$18.1$0.35$0.26$0.09
2015Detailed filing. Detailed filing data is available for this year.$18.0$0.00$18.0$15.2$1.29$13.9
2014Summary only. Only limited summary data is available for this year.$4.07$0.00$2.57$1.42$1.15
2013Summary only. Only limited summary data is available for this year.$2.92$0.00$1.88$1.25$0.62
2012Summary only. Only limited summary data is available for this year.$2.30$0.00$2.45$1.50$0.94
2011Summary only. Only limited summary data is available for this year.$1.36$0.00$0.64$0.71$0.07