Civic Intelligence

Southmount Foundation Inc

990EZ • Fiscal year 2015 • EIN 22-3146708

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 06, 2016

170 Montrose AvenueSouth Orange, NJ 07079

(973) 763-8397

Siviq Scores

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

Liabilities / Assets

48th percentile

0.00x

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

2015 filings • NTEE P • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

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

2015 filings • NTEE P • <$500k nonprofits • Source year 2015

Net Margin

85th percentile

35%

Higher net margin than 85% of similar nonprofits.

2015 filings • NTEE P • <$500k nonprofits • Source year 2015

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2015 filings • NTEE P • <$500k nonprofits • Source year 2015

Asset Growth

69th percentile

19%

Faster asset growth than 69% of similar nonprofits.

2015 filings • NTEE P • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

87th percentile

58%

Faster revenue growth than 87% of similar nonprofits.

2015 filings • NTEE P • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$344,961

Up $54,417 (+19%) from 2014

Net Assets

Up

$344,961

Up $54,417 (+19%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$157,305

Up $58,052 (+58%) from 2014

Expenses

Down

$102,888

Down $11,669 (-10%) from 2014

Net Income

Up

$54,417

Up $69,721 (+456%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $367,631Net Assets 2010: $367,6312010Assets 2011: $343,026Net Assets 2011: $343,0262011Assets 2012: $317,507Net Assets 2012: $317,5072012Assets 2013: $305,848Net Assets 2013: $305,8482013Assets 2014: $290,544Liabilities 2014: $0Net Assets 2014: $290,5442014Assets 2015: $344,961Liabilities 2015: $0Net Assets 2015: $344,9612015Assets 2016: $446,410Liabilities 2016: $0Net Assets 2016: $446,4102016Assets 2017: $476,351Liabilities 2017: $2,235Net Assets 2017: $474,1162017Assets 2018: $482,210Liabilities 2018: $532Net Assets 2018: $481,6782018Assets 2019: $505,677Liabilities 2019: $9,059Net Assets 2019: $496,6182019Assets 2020: $515,593Liabilities 2020: $23,676Net Assets 2020: $491,9172020Assets 2021: $359,502Liabilities 2021: $6,897Net Assets 2021: $352,6052021Assets 2022: $351,544Liabilities 2022: $7,138Net Assets 2022: $344,4062022Assets 2023: $335,870Liabilities 2023: $10,926Net Assets 2023: $324,9442023Assets 2024: $341,204Liabilities 2024: $7,377Net Assets 2024: $333,8272024

Highlighted filing

2015

Assets$344,961
Liabilities$0
Net Assets$344,961

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $100,866Expenses 2010: $100,194Net Income 2010: $6722010Revenue 2011: $76,069Expenses 2011: $100,674Net Income 2011: -$24,6052011Revenue 2012: $77,490Expenses 2012: $103,009Net Income 2012: -$25,5192012Revenue 2013: $89,104Expenses 2013: $100,763Net Income 2013: -$11,6592013Revenue 2014: $99,253Expenses 2014: $114,557Net Income 2014: -$15,3042014Revenue 2015: $157,305Expenses 2015: $102,888Net Income 2015: $54,4172015Revenue 2016: $205,217Expenses 2016: $103,768Net Income 2016: $101,4492016Revenue 2017: $210,151Expenses 2017: $182,445Net Income 2017: $27,7062017Revenue 2018: $331,640Expenses 2018: $324,078Net Income 2018: $7,5622018Revenue 2019: $304,749Expenses 2019: $289,809Net Income 2019: $14,9402019Revenue 2020: $278,110Expenses 2020: $282,811Net Income 2020: -$4,7012020Revenue 2021: $146,547Expenses 2021: $205,455Net Income 2021: -$58,9082021Revenue 2022: $127,070Expenses 2022: $135,269Net Income 2022: -$8,1992022Revenue 2023: $112,561Expenses 2023: $132,023Net Income 2023: -$19,4622023Revenue 2024: $132,353Expenses 2024: $123,470Net Income 2024: $8,8832024

Highlighted filing

2015

Revenue$157,305
Expenses$102,888
Net Income$54,417
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 6, 2016
Return Version
2015v2.1
Gross Receipts
$157,305
Mission and Program Overview

Mission

Southmont Foundation Inc. helps young men to develop the values, skills, and attitudes necessary to be effective in college and later on as fathers, professionals, and citizens. Its activities put a particular emphasis on developing a strong character, forming true friendships and learning the value of hard work.

Provide educational character development programs

Program Services

DescriptionGrantsExpenses
EDUCATION AND CHARACTER FORMATION FOR APPROXIMATELY 30 PRE-TEENAGE BOYS.$0$34,526
EDUCATION AND CHARACTER FORMATION FOR APPROXIMATELY 100 ADULT MEN$0$34,164
EDUCATION AND CHARACTER FORMATION FOR APPROXIMATELY 70 TEENAGE BOYS$0$31,898
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN F COVERDALEPresidentPT$0--
JAMES M O'KANESecretary-$0--
DAVID F O'BRIENTreasurer-$0--
ERNESTO F DOLORESDirector-$0--
DONALD RASMUSSENDirector-$0--
TERENCE J GALLAGHERDirector-$0--
TIMOTHY HOGANDirector-$0--
MARK SWARTZBERGDirector-$0--
KEVIN WARDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Southmont Foundation Inc
EIN
22-3146708
Phone
9737638397
Address
170 MONTROSE AVENUE, SOUTH ORANGE, NJ 07079

Signing Officer

Name
John F Coverdale
Title
Pres./director
Phone
9737638397
Signed
2016-09-06

Preparer

Firm
DF O'BRIEN & CO
Address
14 ARCHUNG ROAD, WAYNE, NJ 07470
Preparer
DAVID F O'BRIEN CPA
Phone
9739104250
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

Description: RENTAL INCOME . Amount: 9,110.

Form 990-EZ, Part I, Line 14

Description: Depreciation. Amount: 22,557. Description: Other Expenses. Amount: 34,830. Total to Form 990-EZ, line 14: 57,387.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: CONFERENCE AND MEETING EXPENSES. Amount: 22,763. Description: TELEPHONE. Amount: 1,480. Description: WEBSITE. Amount: 212. Description: TRAVEL. Amount: 2,011. Description: housekeeping services. Amount: 18,000. Total to Form 990-EZ, line 16: 44,466.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Other Depreciable Assets. Beg. of Year Amount: 2,200. End of Year Amount: 2,123.

Raw XML Appendix208 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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IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE EDUCATIONAL CHARACTER DEVELOPMENT PROGRAMS
IRS990EZ/PrintingPublicationsPostageAmt01035
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATION AND CHARACTER FORMATION FOR APPROXIMATELY 100 ADULT MEN
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EDUCATION AND CHARACTER FORMATION FOR APPROXIMATELY 70 TEENAGE BOYS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2EDUCATION AND CHARACTER FORMATION FOR APPROXIMATELY 30 PRE-TEENAGE BOYS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: RENTAL INCOME . Amount: 9,110.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Depreciation. Amount: 22,557. Description: Other Expenses. Amount: 34,830. Total to Form 990-EZ, line 14: 57,387.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: CONFERENCE AND MEETING EXPENSES. Amount: 22,763. Description: TELEPHONE. Amount: 1,480. Description: WEBSITE. Amount: 212. Description: TRAVEL. Amount: 2,011. Description: housekeeping services. Amount: 18,000. Total to Form 990-EZ, line 16: 44,466.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Other Depreciable Assets. Beg. of Year Amount: 2,200. End of Year Amount: 2,123.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24 - Other Assets
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN F COVERDALE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES./DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09737638397
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHMONT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0223146708
ReturnHeader/Filer/PhoneNum09737638397
ReturnHeader/Filer/USAddress/AddressLine1Txt0170 MONTROSE AVENUE
ReturnHeader/Filer/USAddress/CityNm0SOUTH ORANGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007079
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272505383
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DF O'BRIEN & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 ARCHUNG ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAYNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007470
ReturnHeader/PreparerPersonGrp/PhoneNum09739104250
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID F O'BRIEN CPA
ReturnHeader/ReturnTs02016-09-06T06:49:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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.$3.41$0.07$3.34$1.32$1.23$0.09
2023Detailed filing. Detailed filing data is available for this year.$3.36$0.11$3.25$1.13$1.32$0.19
2022Detailed filing. Detailed filing data is available for this year.$3.52$0.07$3.44$1.27$1.35$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.60$0.07$3.53$1.47$2.05$0.59
2020Detailed filing. Detailed filing data is available for this year.$5.16$0.24$4.92$2.78$2.83$0.05
2019Detailed filing. Detailed filing data is available for this year.$5.06$0.09$4.97$3.05$2.90$0.15
2018Detailed filing. Detailed filing data is available for this year.$4.82$0.01$4.82$3.32$3.24$0.08
2017Detailed filing. Detailed filing data is available for this year.$4.76$0.02$4.74$2.10$1.82$0.28
2016Detailed filing. Detailed filing data is available for this year.$4.46$0.00$4.46$2.05$1.04$1.01
2015Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$1.57$1.03$0.54
2014Detailed filing. Detailed filing data is available for this year.$2.91$0.00$2.91$0.99$1.15$0.15
2013Detailed filing. Detailed filing data is available for this year.$3.06$3.06$0.89$1.01$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$3.18$0.77$1.03$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$3.43$0.76$1.01$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$3.68$1.01$1.00$0.01