Civic Intelligence

Gem Foundation Inc.

990PF • Fiscal year 2019 • EIN 20-8856858

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 07, 2020

Organization Profile
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

71st percentile

0.00x

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

2019 filings • NTEE T20 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

65th percentile

0.00x

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

2019 filings • NTEE T20 • $5M-$10M nonprofits • Source year 2019

Net Margin

21st percentile

-102%

Higher net margin than 21% of similar nonprofits.

2019 filings • NTEE T20 • $5M-$10M nonprofits • Source year 2019

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.

2019 filings • NTEE T20 • $5M-$10M nonprofits • Source year 2019

Asset Growth

30th percentile

-2.1%

Faster asset growth than 30% of similar nonprofits.

2019 filings • NTEE T20 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-22%

Faster revenue growth than 36% of similar nonprofits.

2019 filings • NTEE T20 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$6,987,032

Down $153,135 (-2.1%) from 2018

Net Assets

Down

$6,987,032

Down $153,135 (-2.1%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin21st percentile

Revenue

Down

$150,681

Down $43,380 (-22%) from 2018

Expenses

Down

$303,816

Down $10,152,800 (-97%) from 2018

Net Income

Up

-$153,135

Up $10,109,420 (+99%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

2019

Assets$6,987,032
Liabilities$0
Net Assets$6,987,032
Open 2019 Filing

Operations Trend

Revenue Growth36th percentile

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

2019

Revenue$150,681
Expenses$303,816
Net Income-$153,135
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 7, 2020
Return Version
2019v5.1
Compensation and Service Providers
Top Officer Pay75th percentile

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
2020-04-07
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 Appendix317 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/PersonNm0PUTNAM L CRAFTS JR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1MARCIA ZWEIG
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2PATRICIA CALLAN CRAFTS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm3MARTHA S SPROULE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0PRESIDENT, TREASURER, & DI
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2SECRETARY & DIRECTOR
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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/Amt0200000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt1100000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0EDUCATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1EDUCATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0KIPP NEW JERSEY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1UNCOMMON SCHOOLS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0NONPROFIT CORPORATIO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1NONPROFIT CORPORATIO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt060 PARK PLACE STE 802
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1826 BROADWAY 9TH FLOOR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0NEWARK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NJ
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd007102
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd110003
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0300000
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/AppliedToCurrentYearAmt0302535
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0346380
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt043845
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt09850374
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt0963053
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt01239292
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt043845
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt01195447
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt010813427
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt09850374
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt0963053
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0302535
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt012008874
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt012052719
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/DisbursementsCharitablePrpsAmt0701
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt11112
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt224
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt078
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt1123
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt23
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0779
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11235
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt227
TaxesSchedule/TaxesDetail/Amt01000
TaxesSchedule/TaxesDetail/CategoryTxt0EXCISE TAXES
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PUTNAM L CRAFTS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09082349219
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-07
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/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/ReturnTs02020-04-13T15:03:02-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Displayed year

2019 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,987,032
Liabilities
$0
Net assets
$6,987,032
Revenue
$150,681
Expenses
$303,816
Net income
-$153,135
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