Civic Intelligence

Speedwell Foundation

990PF • Fiscal year 2018 • EIN 22-3764378

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

2 Gibbes StreetCharleston, SC 29401

(908) 273-8052

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.05x

Higher debt load relative to assets than 23% of similar nonprofits.

2018 filings • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

36.14x

Higher debt load relative to revenue than 99% of similar nonprofits.

2018 filings • $100M-$250M nonprofits • Source year 2018

Net Margin

1st percentile

-5903%

Higher net margin than 1% of similar nonprofits.

2018 filings • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

8th percentile

$0

Higher top officer pay than 8% of similar nonprofits.

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

2018 filings • $100M-$250M nonprofits • Source year 2018

Asset Growth

14th percentile

-5.4%

Faster asset growth than 14% of similar nonprofits.

2018 filings • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-96%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • $100M-$250M nonprofits • Annualized from 2017 to 2018

Assets

Down

$149,202,424

Down $8,479,819 (-5.4%) from 2017

Net Assets

Down

$142,378,956

Down $14,251,742 (-9.1%) from 2017

Liabilities

Up

$6,823,468

Up $5,771,923 (+549%) from 2017

Revenue

Down

$188,802

Down $4,361,687 (-96%) from 2017

Expenses

Up

$11,333,377

Up $4,482,422 (+65%) from 2017

Net Income

Down

-$11,144,575

Down $8,844,109 (-384%) from 2017

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2011: $74,242,607Liabilities 2011: $02011Assets 2012: $75,238,967Liabilities 2012: $3,014Net Assets 2012: $75,235,9532012Assets 2013: $79,618,711Liabilities 2013: $696Net Assets 2013: $79,618,0152013Assets 2014: $79,776,321Liabilities 2014: $0Net Assets 2014: $79,776,3212014Assets 2015: $88,601,622Liabilities 2015: $132Net Assets 2015: $88,601,4902015Assets 2016: $143,358,344Liabilities 2016: $2,786Net Assets 2016: $143,355,5582016Assets 2017: $157,682,243Liabilities 2017: $1,051,545Net Assets 2017: $156,630,6982017Assets 2018: $149,202,424Liabilities 2018: $6,823,468Net Assets 2018: $142,378,9562018Assets 2019: $147,792,969Liabilities 2019: $257,614Net Assets 2019: $147,535,3552019Assets 2020: $150,009,239Liabilities 2020: $1,052,676Net Assets 2020: $148,956,5632020Assets 2021: $165,926,993Liabilities 2021: $33,044Net Assets 2021: $165,893,9492021Assets 2022: $150,189,770Liabilities 2022: $5,571,961Net Assets 2022: $144,617,8092022Assets 2023: $159,870,822Liabilities 2023: $4,390,575Net Assets 2023: $155,480,2472023Assets 2024: $175,264,905Liabilities 2024: $2,251,396Net Assets 2024: $173,013,5092024

Highlighted filing

2018

Assets$149,202,424
Liabilities$6,823,468
Net Assets$142,378,956

Operations Trend

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

$200M$0-$200M-$400M-$600MRevenue 2011: $3,067,861Expenses 2011: $2,597,602Net Income 2011: $470,2592011Expenses 2012: $4,071,5682012Revenue 2013: $8,512,021Expenses 2013: $4,129,418Net Income 2013: $4,382,6032013Revenue 2014: $6,221,382Expenses 2014: $6,063,076Net Income 2014: $158,3062014Revenue 2015: $14,577,362Expenses 2015: $5,751,758Net Income 2015: $8,825,6042015Revenue 2016: $15,555,453Expenses 2016: $5,456,684Net Income 2016: $10,098,7692016Revenue 2017: $4,550,489Expenses 2017: $6,850,955Net Income 2017: -$2,300,4662017Revenue 2018: $188,802Expenses 2018: $11,333,377Net Income 2018: -$11,144,5752018Revenue 2019: -$18,123,207Expenses 2019: $4,323,945Net Income 2019: -$22,447,1522019Revenue 2020: -$169,957,426Expenses 2020: $6,485,867Net Income 2020: -$176,443,2932020Revenue 2021: $26,115,784Expenses 2021: $6,010,018Net Income 2021: $20,105,7662021Revenue 2022: $5,774,180Expenses 2022: $7,432,531Net Income 2022: -$1,658,3512022Revenue 2023: -$432,039,041Expenses 2023: $7,816,512Net Income 2023: -$439,855,5532023Revenue 2024: $19,158,035Expenses 2024: $7,690,972Net Income 2024: $11,467,0632024

Highlighted filing

2018

Revenue$188,802
Expenses$11,333,377
Net Income-$11,144,575
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Michael G MessnerTrusteePT$0--
Mrs Jenny K MessnerTrusteePT$0--
Filing and Contact Details

Filer

Filer Name
Speedwell Foundation
EIN
22-3764378
Phone
9082738052
Address
2 Gibbes Street, Charleston, SC 29401

Signing Officer

Name
Mr Michael G Messner
Title
President
Signed
2019-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Noke and Heard LLP
Address
469 Morris Avenue, Summit, NJ 07901-1583
Preparer
Daniel P Dougherty
Phone
9082774145
Raw XML AppendixShowing 400 of 895 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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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0General Explanation Supplemental Information for Form 990-PF
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0PAGE 2 - PART II - LINE 2 SAVINGS AND TEMPORARY CASH INVESTMENTSPAGE 8 - PART X - MINIMUM INVESTMENT RETURN CALCULATIONThe foundation agreed to guarantee a mortgage for a charity.The bank requested that the foundation place $1,000,000 on depositwith their bank as an escrow account. As a result this asset was not included in Part X Line 1b and Line 5 Net Value of Noncharitable-use Assets.
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt555000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0Speedwell Scholarship Fund
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1Scholarshp $60,000Challenge Grant $3,000,000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2General Op Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3Archbishop Annual Appeal
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4Director of Education $60,000General Operations $100,000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt6Tuition Grant
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt7Conservation - Hampton Park $500,000Other conservancu programs $110,000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt8Education - internship and technology
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt9General Operating Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt10General Operating Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt11General Operating Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt12Artistic
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt13General Operating Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt14General Op Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt15Infrustructure video project
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt16Conservation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt17Education
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt18Rent $100,000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt19General Operating Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt20Conservation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt21General Operating Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt22General Operating Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt23General Operating Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt24General Operating Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt25General Operating Support
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt26Education - private schools
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt27General Operating
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt28General
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt29General
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt30Capital Grant
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt31General
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt32General
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt33Bike Share program
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt34$300K International programs$200K Unrestricted
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt35Tuned-In Program
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt36Donor Advised Fund
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt37General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt38General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt39Conservation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt40General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt41Education
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt42General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt43Scholarship
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt44Music
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt45Conservation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt46General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt47General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt48Scholarship - Eric Matt
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt49Scholarship - Shohini Banerjee $5,000Drew Carson $5,000Kaleb Swift $5,000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt50General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt51General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt52General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt53General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt54General Operations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt55General Operations
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt3PUBLIC
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$175$2.25$173$19.2$7.69$11.5
2023Detailed filing. Detailed filing data is available for this year.$160$4.39$155$432$7.82$440
2022Detailed filing. Detailed filing data is available for this year.$150$5.57$145$5.77$7.43$1.66
2021Detailed filing. Detailed filing data is available for this year.$166$0.03$166$26.1$6.01$20.1
2020Detailed filing. Detailed filing data is available for this year.$150$1.05$149$170$6.49$176
2019Detailed filing. Detailed filing data is available for this year.$148$0.26$148$18.1$4.32$22.4
2018Detailed filing. Detailed filing data is available for this year.$149$6.82$142$0.19$11.3$11.1
2017Detailed filing. Detailed filing data is available for this year.$158$1.05$157$4.55$6.85$2.30
2016Detailed filing. Detailed filing data is available for this year.$143$0.00$143$15.6$5.46$10.1
2015Detailed filing. Detailed filing data is available for this year.$88.6$0.00$88.6$14.6$5.75$8.83
2014Detailed filing. Detailed filing data is available for this year.$79.8$0.00$79.8$6.22$6.06$0.16
2013Detailed filing. Detailed filing data is available for this year.$79.6$0.00$79.6$8.51$4.13$4.38
2012Detailed filing. Detailed filing data is available for this year.$75.2$0.00$75.2$4.07
2011Summary only. Only limited summary data is available for this year.$74.2$0.00$3.07$2.60$0.47