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

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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PoliticalCampaignActyInd00
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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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt234526
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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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