Civic Intelligence

Senate Presidents' Forum Inc

990 • Fiscal year 2011 • EIN 22-3284046

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 15, 2012

66 Witherspoon Street08540
Siviq Scores

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

Liabilities / Assets

91st percentile

1.03x

Higher debt load relative to assets than 91% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

88th percentile

30%

Faster asset growth than 88% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$409,841

Up $95,751 (+30%) from 2010

Net Assets

Down

-$13,753

Down $51,843 (-136%) from 2010

Liabilities

Up

$423,594

Up $147,594 (+53%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,065,168

Up $299,115 (+39%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $314,090Liabilities 2010: $276,000Net Assets 2010: $38,0902010Assets 2011: $409,841Liabilities 2011: $423,594Net Assets 2011: -$13,7532011Assets 2012: $341,499Liabilities 2012: $356,000Net Assets 2012: -$14,5012012Assets 2013: $416,000Liabilities 2013: $390,444Net Assets 2013: $25,5562013Assets 2014: $559,474Liabilities 2014: $426,869Net Assets 2014: $132,6052014Assets 2015: $505,823Liabilities 2015: $325,441Net Assets 2015: $180,3822015Assets 2016: $876,262Liabilities 2016: $399,250Net Assets 2016: $477,0122016Assets 2017: $915,735Liabilities 2017: $507,750Net Assets 2017: $407,9852017Assets 2018: $1,148,443Liabilities 2018: $607,265Net Assets 2018: $541,1782018Assets 2019: $1,296,641Liabilities 2019: $686,687Net Assets 2019: $609,9542019Assets 2020: $1,528,337Liabilities 2020: $549,075Net Assets 2020: $979,2622020Assets 2021: $1,875,058Liabilities 2021: $613,643Net Assets 2021: $1,261,4152021Assets 2022: $2,083,286Liabilities 2022: $700,920Net Assets 2022: $1,382,3662022Assets 2023: $1,451,570Liabilities 2023: $564,316Net Assets 2023: $887,2542023Assets 2024: $1,115,197Liabilities 2024: $572,322Net Assets 2024: $542,8752024

Highlighted filing

2011

Assets$409,841
Liabilities$423,594
Net Assets-$13,753

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $766,0532010Expenses 2011: $1,065,1682011Expenses 2012: $1,069,4182012Revenue 2013: $1,103,279Expenses 2013: $1,067,722Net Income 2013: $35,5572013Revenue 2014: $1,158,990Expenses 2014: $1,051,941Net Income 2014: $107,0492014Revenue 2015: $1,283,629Expenses 2015: $1,235,852Net Income 2015: $47,7772015Revenue 2016: $1,423,358Expenses 2016: $1,126,728Net Income 2016: $296,6302016Revenue 2017: $1,352,331Expenses 2017: $1,421,358Net Income 2017: -$69,0272017Revenue 2018: $1,401,430Expenses 2018: $1,268,237Net Income 2018: $133,1932018Revenue 2019: $1,598,604Expenses 2019: $1,529,828Net Income 2019: $68,7762019Revenue 2020: $1,537,401Expenses 2020: $1,168,093Net Income 2020: $369,3082020Revenue 2021: $1,482,816Expenses 2021: $1,200,663Net Income 2021: $282,1532021Revenue 2022: $1,538,793Expenses 2022: $1,417,842Net Income 2022: $120,9512022Revenue 2023: $1,500,842Expenses 2023: $1,995,954Net Income 2023: -$495,1122023Revenue 2024: $1,655,333Expenses 2024: $1,999,712Net Income 2024: -$344,3792024

Highlighted filing

2011

Revenue-
Expenses$1,065,168
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 15, 2012
Return Version
2011v1.5
Gross Receipts
$1,013,325
Mission and Program Overview

Mission

The senate presidents' forum is a nonpartisan, nonideological, nonprofit 501(c)(3) educational organization, established in 1994 by executive director rose swan along with its first chair, donald t. Difrancesco (nj), and its board of directors. The forum's mission is to provide a nonpartisan environment where state senate leaders meet to consider potential solutions to critical problems facing the states. The forum hosts three educational conferences each year, where legislative leaders engage in open and productive discussions, leveraging their shared experiences and gaining insight from globally recognized experts. The forum is noted for respectful discussion of divergent viewpoints, collaborative strategies to find common ground, and evidence-based problem-solving for the common good. It is not a political action committee of any sort, and it does not raise or distribute money to influence the outcome of elections or legislation. No lobbying or political fundraising is permitted at

Filing and Contact Details

Filer

EIN
22-3284046
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0The Organization follows the authoritative guidance on accounting for uncertainty in income taxes for the years ended December 31, 2011 and 2010. Under this guidance, tax positions are evaluated for recognition using a more-likely-than-not threshold, and those tax positions requiring recognition are measured at the largest amount of tax benefit that is greater than 50 percent likely of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. The Organization has evaluated the likelihood of their tax exempt status being challenged as remote. Accordingly, the Organization has not included any income tax provisions or any potential liabilities for taxes on unrelated business income, including interest and penalties, in the financial statements related to potential violations of their tax exempt status. The Organization's exempt federal income tax returns prior to 2008 are no longer subject to examination by the federal taxing authority. There are no tax related interest or penalties included in the financial statements presented.
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IRS990ScheduleL/Form990ScheduleLPartV/Explanation0ROSE ANNE SWAN, EXECUTIVE DIRECTOR, IS THE OWNER OF ROSE SWAN, INC. THE ORGANIZATION HAD BUSINESS TRANSACTIONS WITH ROSE SWAN FOR MANAGEMENT SERVICES. TOTAL FEES PAID TO ROSE SWAN WERE $157,000. Services were rendered at fair market value rates pursuant to arm's length negotiations.
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IRS990ScheduleL/Form990ScheduleLPartV/ReturnReference0SCHEDULE L, PART IV
IRS990ScheduleO/GeneralExplanation/Explanation0PURSUANT TO A MANAGEMENT SERVICES AGREEMENT, THE ORGANIZATION HAS ENGAGED ROSE SWAN, INC., AN OUTSIDE INDEPENDENT PROFESSIONAL CONSULTANT, TO MANAGE ITS DAY TO DAY AFFAIRS AND ACTIVITIES.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION'S FEDERAL FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF ITS GOVERNING BODY, ITS BOARD OF DIRECTORS, FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE ("IRS"). THE BOARD HAS THE RESPONSIBLITY TO PERFORM A DETAILED REVIEW OF THIS FORM 990 AS IT HAS ASSUMED THE RESPONSIBILITY TO OVERSEE AND COORDINATE THE FEDERAL FORM 990 PREPARATION, REVIEW AND FILING PROCESS. AS PART OF THE TAX RETURN PREPARATION PROCESS THE ORGANIZATION HIRED A PROFESSIONAL CPA FIRM WITH EXPERIENCE AND EXPERTISE IN NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE THE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE ORGANIZATION'S EXECUTIVE DIRECTOR TO OBTAIN THE INFORMATION NEEDED TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THE ORGANIZATION'S EXECUTIVE DIRECTOR FOR HER REVIEW. THE EXECUTIVE DIRECTOR REVIEWED THE DRAFT FEDERAL FORM 990 AND DISCUSSED QUESTIONS AND COMMENTS WITH THE CPA FIRM. REVISIONS WERE MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A FINAL DRAFT WAS FURNISHED BY THE CPA FIRM TO THE ORGANIZATION'S EXECUTIVE DIRECTOR FOR FINAL REVIEW AND APPROVAL. FOLLOWING THIS REVIEW THE FEDERAL FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO THE FILING WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation2COMPENSATION PAID TO THE ORGANIZATION'S EXECUTIVE DIRECTOR, ROSE SWAN, INC., IS DISCUSSED AND DETERMINED BY THE BOARD OF DIRECTORS, TAKING INTO ACCOUNT COMPENSATION OF COMPARABLE POSITIONS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION'S FILED CERTIFICATE OF INCORPORATION AND ANY AMENDMENTS CAN BE OBTAINED AND REVIEWED EITHER THROUGH THE STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY OR AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/GeneralExplanation/Explanation4Certain amounts previously reported in the 2010 financial statements have been reclassified to conform to the 2011 presentation. These reclassifications have no effect on the total net assets of the Organization.
IRS990ScheduleO/GeneralExplanation/Explanation5AN INDEPENDENT CPA FIRM AUDITED THE FINANCIAL STATEMENTS OF THE TAXPAYER FOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010; RESPECTIVELY. AN UNQUALIFIED OPINION WAS ISSUED BY AN INDEPENDENT CPA FIRM FOR EACH YEAR. THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES THE RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF ITS INDEPENDEDNT AUDITOR.
IRS990ScheduleO/GeneralExplanation/Identifier0DISCLOSURE INFORMATION
IRS990ScheduleO/GeneralExplanation/Identifier1REQUIRED DISCLOSURE
IRS990ScheduleO/GeneralExplanation/Identifier2DISCLOSURE INFORMATION
IRS990ScheduleO/GeneralExplanation/Identifier3DISCLOSURE INFORMATION
IRS990ScheduleO/GeneralExplanation/Identifier4DISCLOSURE INFORMATION
IRS990ScheduleO/GeneralExplanation/Identifier5DISCLOSURE INFORMATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0CORE FORM, PART VI, SECTION A; QUESTION 3
IRS990ScheduleO/GeneralExplanation/ReturnReference1CORE FORM, PART VI, SECTION B; QUESTION 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference2CORE FORM, PART VI SECTION B; QUESTION 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3CORE FORM, PART VI, SECTION C; QUESTION 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4CORE FORM, PART X
IRS990ScheduleO/GeneralExplanation/ReturnReference5CORE FORM, PART XII; QUESTION 2
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IRS990/StateLegalDomicile0NJ
IRS990/StatesWhereCopyOfReturnIsFiled0NJ
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBondLiabilities/BOY00
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IRS990/TaxExemptBonds0false
IRS990/TemporarilyRestrictedNetAssets/BOY00
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IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1066 WITHERSPOON STREET
IRS990/TheBooksAreInCareOf/AddressUS/City0PRINCETON
IRS990/TheBooksAreInCareOf/AddressUS/State0NJ
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode008540
IRS990/TheBooksAreInCareOf/NamePerson0ROSE ANNE SWAN
IRS990/TheBooksAreInCareOf/TelephoneNumber06094971929
IRS990/TotalAssets/BOY0314090
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IRS990/TotalCompGT150K0false
IRS990/TotalContributions00
IRS990/TotalExpensesCurrentYear01065168
IRS990/TotalExpensesPriorYear0766053
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IRS990/TotalFunctionalExpenses/ProgramServices0883247
IRS990/TotalFunctionalExpenses/Total01065168
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IRS990/TotalLiabilitiesBOY0276000
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IRS990/TotalNbrEmployees00
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.57$0.54$1.66$2.00$0.34
2023Detailed filing. Detailed filing data is available for this year.$1.45$0.56$0.89$1.50$2.00$0.50
2022Detailed filing. Detailed filing data is available for this year.$2.08$0.70$1.38$1.54$1.42$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.88$0.61$1.26$1.48$1.20$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.53$0.55$0.98$1.54$1.17$0.37
2019Detailed filing. Detailed filing data is available for this year.$1.30$0.69$0.61$1.60$1.53$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.61$0.54$1.40$1.27$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.92$0.51$0.41$1.35$1.42$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.40$0.48$1.42$1.13$0.30
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.33$0.18$1.28$1.24$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.43$0.13$1.16$1.05$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.42$0.39$0.03$1.10$1.07$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.36$0.01$1.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.42$0.01$1.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.28$0.04$0.77