Civic Intelligence

Kare Foundation Inc

EIN 22-3503313 • 501(c)3 • Baldwinsville, NY

990-N Coverage

Profile

The purpose and goal of the Foundation is to provide financial support through various fund raising activities, including the receipt of charitable donations from the general public, and with these moneys promote the well being of youth within the County of Onondaga, State of New York in the areas of athletics, recreation and education.

c/o Scott D Chenet3075 Amberlea LaneBaldwinsville, NY 13027
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.97x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

100th percentile

128.21x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

1st percentile

-25554%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

16th percentile

-66%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-88%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$51,424

Down $99,587 (-66%) from 2013

Liabilities

Down

$50,000

Down $50,000 (-50%) from 2013

Net Assets

Down

$1,424

Down $49,587 (-97%) from 2013

Revenue

Down

$390

Down $2,920 (-88%) from 2013

Expenses

Up

$100,050

Up $97,450 (+3748%) from 2013

Net Income

Down

-$99,660

Down $100,370 (-14137%) from 2013

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2013: $151,011Liabilities 2013: $100,000Net Assets 2013: $51,0112013Assets 2014: $51,424Liabilities 2014: $50,000Net Assets 2014: $1,4242014

Highlighted filing

2014

Assets$51,424
Liabilities$50,000
Net Assets$1,424

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50K-$100KRevenue 2013: $3,310Expenses 2013: $2,600Net Income 2013: $7102013Revenue 2014: $390Expenses 2014: $100,050Net Income 2014: -$99,6602014

Highlighted filing

2014

Revenue$390
Expenses$100,050
Net Income-$99,660

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jan 9, 2015
Return Version
2013v4.0
Gross Receipts
$390
Mission and Program Overview

Mission

The purpose and goal of the Foundation is to provide financial support through various fund raising activities, including the receipt of charitable donations from the general public, and with these moneys promote the well being of youth within the County of Onondaga, State of New York in the areas of athletics, recreation and education.

Program Services

DescriptionGrantsExpenses
Northwest Family YMCA$100,000$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert W HornadayPresident-$0--
Scott D ChenetTreasurer-$0--
Robert A ClarksonSecretary-$0--
Terrence W EngelsDirector-$0--
Thomas OttDirector-$0--
Filing and Contact Details

Filer

EIN
22-3503313
Phone
3152632477

Signing Officer

Name
Robert Hornaday
Title
President
Phone
3156355002
Signed
2015-01-09
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Previous years pledge of $100,000 paid

Form 990-EZ, Part I, Line 16

NYS Filing Fee

Form 990-EZ, Part I, Line 20

Credit for payment of prior years liability - $100,000; Current year unpaid pledge - $50,000; Other Changes in Fund Balance or Net Worth - $73

Form 990-EZ, Part II, Line 26

Unpaid Pledge - NW YMCA - $50,000

Form 990-EZ, Part III, Line (28-31)

Upon payment of the current and final pledge to the Northwest Family YMCA of $50,000 during the following year, the KARE Foundation will have completed its stated mission and anticipates filling for dissolution with both the NYS Charities Bureau and the IRS. It will follow the dissolution requirements for Not-for-Profit Corporations Without Assets as set forth by the NYS Charities Bureau.

Raw XML Appendix205 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/PrimaryExemptPurposeTxt0The purpose and goal of the Foundation is to provide financial support through various fund raising activities, including the receipt of charitable donations from the general public, and with these moneys promote the well being of youth within the County of Onondaga, State of New York in the areas of athletics, recreation and education.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Previous years pledge of $100,000 paid
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NYS Filing Fee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Credit for payment of prior years liability - $100,000; Current year unpaid pledge - $50,000; Other Changes in Fund Balance or Net Worth - $73
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Unpaid Pledge - NW YMCA - $50,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon payment of the current and final pledge to the Northwest Family YMCA of $50,000 during the following year, the KARE Foundation will have completed its stated mission and anticipates filling for dissolution with both the NYS Charities Bureau and the IRS. It will follow the dissolution requirements for Not-for-Profit Corporations Without Assets as set forth by the NYS Charities Bureau.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part III, Line (28-31)
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Hornaday
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03156355002
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-01-09
ReturnHeader/Filer/BusinessName/BusinessNameLine10KARE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KARE
ReturnHeader/Filer/EIN0223503313
ReturnHeader/Filer/PhoneNum03152632477
ReturnHeader/Filer/USAddress/AddressLine10c/o Scott D Chenet
ReturnHeader/Filer/USAddress/AddressLine203075 Amberlea Lane
ReturnHeader/Filer/USAddress/City0Baldwinsville
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode013027
ReturnHeader/ReturnTs02015-01-08T15:37:50-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-10-01
ReturnHeader/TaxPeriodEndDt02014-09-30
ReturnHeader/TaxYr02013

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