Civic Intelligence

The Durand Foundation

990EZ • Fiscal year 2019 • EIN 22-3674744

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 26, 2020

304 Birchfield DriveMount Laurel, NJ 08054

(856) 235-3450

Siviq Scores

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

Liabilities / Assets

77th percentile

0.00x

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

2019 filings • NTEE B112 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.00x

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

2019 filings • NTEE B112 • <$500k nonprofits • Source year 2019

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

2019 filings • NTEE B112 • <$500k nonprofits • Source year 2019

Top Officer Pay

99th percentile

$0

Higher top officer pay than 99% of similar nonprofits.

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

2019 filings • NTEE B112 • <$500k nonprofits • Source year 2019

Asset Growth

2nd percentile

-69%

Faster asset growth than 2% of similar nonprofits.

2019 filings • NTEE B112 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

100th percentile

1588%

Faster revenue growth than 100% of similar nonprofits.

2019 filings • NTEE B112 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$12,103

Down $27,539 (-69%) from 2018

Net Assets

Up

$12,103

Up $146,266 (+109%) from 2018

Liabilities

Down

$0

Down $173,805 (-100%) from 2018

Revenue

Up

$150,329

Up $141,423 (+1588%) from 2018

Expenses

Down

$4,063

Down $9,923 (-71%) from 2018

Net Income

Up

$146,266

Up $151,346 (+2979%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2010: $21,275Liabilities 2010: $5,877Net Assets 2010: $15,3982010Assets 2011: $15,990Liabilities 2011: $36,770Net Assets 2011: -$20,7802011Assets 2012: $29,226Liabilities 2012: $61,117Net Assets 2012: -$31,8912012Assets 2013: $16,752Liabilities 2013: $67,776Net Assets 2013: -$51,0242013Assets 2014: $44,588Liabilities 2014: $79,518Net Assets 2014: -$34,9302014Assets 2015: $21,993Liabilities 2015: $94,295Net Assets 2015: -$72,3022015Assets 2017: $12,301Liabilities 2017: $141,384Net Assets 2017: -$129,0832017Assets 2018: $39,642Liabilities 2018: $173,805Net Assets 2018: -$134,1632018Assets 2019: $12,103Liabilities 2019: $0Net Assets 2019: $12,1032019Assets 2020: $12,266Liabilities 2020: $0Net Assets 2020: $12,2662020Assets 2021: $12,307Net Assets 2021: $12,3072021

Highlighted filing

2019

Assets$12,103
Liabilities$0
Net Assets$12,103

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2010: $11,940Expenses 2010: $159,074Net Income 2010: -$147,1342010Expenses 2011: $38,6652011Expenses 2012: $9,5192012Revenue 2013: $15,544Expenses 2013: $34,677Net Income 2013: -$19,1332013Revenue 2014: $67,072Expenses 2014: $50,978Net Income 2014: $16,0942014Revenue 2015: $72,550Expenses 2015: $109,922Net Income 2015: -$37,3722015Revenue 2017: $41,468Expenses 2017: $80,222Net Income 2017: -$38,7542017Revenue 2018: $8,906Expenses 2018: $13,986Net Income 2018: -$5,0802018Revenue 2019: $150,329Expenses 2019: $4,063Net Income 2019: $146,2662019Revenue 2020: $575Expenses 2020: $412Net Income 2020: $1632020Revenue 2021: $843Expenses 2021: $802Net Income 2021: $412021

Highlighted filing

2019

Revenue$150,329
Expenses$4,063
Net Income$146,266
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 26, 2020
Return Version
2018v3.1
Gross Receipts
$150,329
Mission and Program Overview

Mission

To develop philanthropic support for durand, inc. Through the cultivation and stewardship of donors.

To develop philanthropic support for durand, inc. Through the cultivation and stewardship of donors. The foundation is currently inactive.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION IS CURRENTLY INACTIVE.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM ADAIRPresident Emeritus-$0--
BOB PANTALIANOTreasurer-$0--
RAYMOND CRISTOFOLETTISecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Durand Foundation
EIN
22-3674744
Phone
8562353450
Address
304 BIRCHFIELD DRIVE, MOUNT LAUREL, NJ 08054

Signing Officer

Name
Bob Pantaliano Treasurer
Title
Treasurer
Phone
8562353450
Signed
2020-03-26
Discuss with paid preparer
Yes

Preparer

Firm
Mercadien Pc
Address
PO BOX 7648, PRINCETON, NJ 08543-7648
Preparer
Sherise D Ritter CPA
Phone
6096899700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 19.

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

Description: debt forgiveness income. Amount: 149,585.

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

Description: miscellaneous. Amount: 2,923.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to durand, inc.. Beg. Of year amount: 173,805. End of year amount: 0.

Raw XML Appendix180 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/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
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IRS990EZ/OtherRevenueTotalAmt0149585
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0TO DEVELOP PHILANTHROPIC SUPPORT FOR DURAND, INC. THROUGH THE CULTIVATION AND STEWARDSHIP OF DONORS. THE FOUNDATION IS CURRENTLY INACTIVE.
IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEBT FORGIVENESS INCOME. AMOUNT: 149,585.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MISCELLANEOUS. AMOUNT: 2,923.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE TO DURAND, INC.. BEG. OF YEAR AMOUNT: 173,805. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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