Civic Intelligence

Garfield G Duncan Research Foundation Inc.

990 • Fiscal year 2017 • EIN 23-1682363

Jan 01, 2017 to Dec 31, 2017 • Filed on May 08, 2018

PO Box 897Philadelphia, PA 19105

(215) 829-3436

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

5th percentile

-60%

Higher net margin than 5% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

47th percentile

2.1%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

87th percentile

58%

Faster revenue growth than 87% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$556,588

Up $11,414 (+2.1%) from 2016

Net Assets

Up

$556,440

Up $11,297 (+2.1%) from 2016

Liabilities

Up

$148

Up $117 (+377%) from 2016

Revenue

Up

$46,132

Up $16,979 (+58%) from 2016

Expenses

Down

$73,704

Down $6,291 (-7.9%) from 2016

Net Income

Up

-$27,572

Up $23,270 (+46%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2010: $469,514Liabilities 2010: $259Net Assets 2010: $469,2552010Assets 2011: $469,646Liabilities 2011: $153Net Assets 2011: $469,4932011Assets 2013: $612,393Liabilities 2013: $330Net Assets 2013: $612,0632013Assets 2014: $623,486Liabilities 2014: $309Net Assets 2014: $623,1772014Assets 2015: $567,300Liabilities 2015: $185Net Assets 2015: $567,1152015Assets 2016: $545,174Liabilities 2016: $31Net Assets 2016: $545,1432016Assets 2017: $556,588Liabilities 2017: $148Net Assets 2017: $556,4402017Assets 2018: $463,882Liabilities 2018: $109Net Assets 2018: $463,7732018Assets 2019: $463,611Liabilities 2019: $85Net Assets 2019: $463,6112019Assets 2020: $427,530Liabilities 2020: $913Net Assets 2020: $426,6172020Assets 2021: $388,739Liabilities 2021: $515Net Assets 2021: $388,2242021Assets 2022: $262,323Liabilities 2022: $15Net Assets 2022: $262,3082022Assets 2023: $208,897Liabilities 2023: $446Net Assets 2023: $208,4512023Assets 2024: $144,574Liabilities 2024: -$125Net Assets 2024: $144,6992024

Highlighted filing

2017

Assets$556,588
Liabilities$148
Net Assets$556,440

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2010: $57,942Expenses 2010: $47,635Net Income 2010: $10,3072010Revenue 2011: $43,212Expenses 2011: $42,974Net Income 2011: $2382011Revenue 2013: $75,439Expenses 2013: $51,379Net Income 2013: $24,0602013Revenue 2014: $59,688Expenses 2014: $64,385Net Income 2014: -$4,6972014Revenue 2015: $55,591Expenses 2015: $73,373Net Income 2015: -$17,7822015Revenue 2016: $29,153Expenses 2016: $79,995Net Income 2016: -$50,8422016Revenue 2017: $46,132Expenses 2017: $73,704Net Income 2017: -$27,5722017Revenue 2018: $24,862Expenses 2018: $88,617Net Income 2018: -$63,7552018Revenue 2019: $46,013Expenses 2019: $86,180Net Income 2019: -$40,1672019Revenue 2020: $22,077Expenses 2020: $88,589Net Income 2020: -$66,5122020Revenue 2021: $21,115Expenses 2021: $92,335Net Income 2021: -$71,2202021Revenue 2022: $16,657Expenses 2022: $89,730Net Income 2022: -$73,0732022Revenue 2023: $12,964Expenses 2023: $88,005Net Income 2023: -$75,0412023Revenue 2024: $10,666Expenses 2024: $81,400Net Income 2024: -$70,7342024

Highlighted filing

2017

Revenue$46,132
Expenses$73,704
Net Income-$27,572
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 8, 2018
Return Version
2017v2.3
Gross Receipts
$101,132
Mission and Program Overview

Mission

The goal of the foundation is the improved health of people with diabetes by providing education, research and involving itself in local and national diabetes forums.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$526,543$534,467▲ $7,924
Cash and Non-Interest-Bearing Accounts$18,631$22,121▲ $3,490
Total Assets$545,174$556,588▲ $11,414
Liabilities
Accounts Payable and Accrued Expenses$31$148▲ $117
Total Liabilities$31$148▲ $117
Net Assets / Fund Balance
Unrestricted Net Assets$545,143$556,440▲ $11,297
Total Net Assets Fund Balance$545,143$556,440▲ $11,297
Total Liabilities and Net Assets / Fund Balance$545,174$556,588▲ $11,414

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$1,787$1,787

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$498,113-▲ $67,900-$505,993
2016$515,927-▲ $40,108-$498,113
2015$566,643-▼ $870-$515,927
2014$557,515-▲ $10,044-$566,643
2013$494,508-▲ $63,930-$557,515
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$16,767
Program Service Revenue
$0
Investment Income
$29,365
Other Revenue
$0
All Other Contributions
$16,767
Change in Net Assets
$-27,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$45,000
Salaries, Compensation, and Employee Benefits$15,731
Other Expenses$12,973
Total Fundraising Expense$1,454
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$45,000--$45,000
Other Salaries and Wages$2,034$11,093$1,233$14,360
Fees for Services Accounting-$2,800-$2,800
Insurance-$1,788-$1,788
Office Expenses-$1,510-$1,510
Payroll Taxes$194$1,059$118$1,371
Other Expenses-$542-$542
All Other Expenses-$312$103$415
Fees for Services Legal-$300-$300
Total Functional Expenses$47,228$25,022$1,454$73,704
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Thomas Jefferson UniversityPhiladelphia, PA3See Part Iv$25,000
Pennsylvania HospitalPhiladelphia, PA3See Part Iv$20,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

T.g. Duncan, m.d. Sharon duncan sylvia past pres board daughter t.g.duncan, m.d. Carolyn duncan stern past pres board daughter peter duncan sharon duncan-sylvia board board niece garry duncan sharon duncan-sylvia board board cousin garry duncan carolyn duncan stern board board cousin carolyn duncan stern sharon duncan-sylvia board board sister garry duncan peter duncan board ex-board father

Form 990, Page 6, Part VI, Line 9

Theodore g duncan md 3017 ne 57th street ft. Lauderdale, fl 33308 ellen funk 10 blakely road haverford, pa 19041 jean lane duncan 1645 yardley drive west chester, pa 19380 sharon duncan-sylvia 42 otis bassett road west tisbury, ma 02568 garry duncan 602 e. Pleasant street wyndmoor, pa 19038 david p. Brown iii 1944 kimberton road kimberton, pa 19442-0729 lindsey verano 100 parker aave 32 philadelphia, pa 19128

Form 990, Page 6, Part VI, Line 11B

Draft copy of tax return is sent to president and office manager for review and approval

Form 990, Page 6, Part VI, Line 19

Verbally or written communication as needed.

Filing and Contact Details

Filer

Filer Name
Garfield G Duncan Research
EIN
23-1682363
Phone
2158293436
Address
PO BOX 897, PHILADELPHIA, PA 19105

Signing Officer

Name
Carolyn Duncan Stern
Title
President
Phone
2158293426
Signed
2018-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Duncan Stern
Formed
1967
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
9

Preparer

Firm
Gpcd Partners LLC
Address
1420 WALNUT ST STE 1012, PHILADELPHIA, PA 19102-4010
Preparer
Chris C Masturzo CPA
Phone
2158549300
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

All board members volunteer their time to the organization

Form 990, Page 2, Part III, Line 4D

Support of website homepage and message board at website blog

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment fund was established by the board of directors to provide an income stream to support the functions of the organization. The income provided may also be used to support administrative expenses of the foundation.

Schedule D, Page 3, Part X

The foundation is a non-profit organization as described in section 501(c) (3) of the internal revenue code and is exempt from federal and state income taxes. The foundation is required to recognize financial statement effects of a tax position if it is more likely than not that the position will not be sustained upon examination. The foundation has no uncertain tax positons that qualify for the recognition in the financial statements. The federal incom etax retuens of the foundation for 2014 through 2017 are subject to examination by the irs, generally for three years after they were filed.

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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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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01787
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUND WAS ESTABLISHED BY THE BOARD OF DIRECTORS TO PROVIDE AN INCOME STREAM TO SUPPORT THE FUNCTIONS OF THE ORGANIZATION. THE INCOME PROVIDED MAY ALSO BE USED TO SUPPORT ADMINISTRATIVE EXPENSES OF THE FOUNDATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS A NON-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE FOUNDATION IS REQUIRED TO RECOGNIZE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE FOUNDATION HAS NO UNCERTAIN TAX POSITONS THAT QUALIFY FOR THE RECOGNITION IN THE FINANCIAL STATEMENTS. THE FEDERAL INCOM ETAX RETUENS OF THE FOUNDATION FOR 2014 THROUGH 2017 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/RecipientTable/CashGrantAmt120000
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IRS990ScheduleI/RecipientTable/IRCSectionDesc13
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SEE PART IV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SEE PART IV
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THOMAS JEFFERSON UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PENNSYLVANIA HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientEIN0231352651
IRS990ScheduleI/RecipientTable/RecipientEIN1311538725
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0925 WALNUT STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1800 SPRUCE STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1PHILADELPHIA
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THOMAS JEFFERSON UNIVERSITY - TO SUPPORT RESEARCH FELLOWS AND YOUNG FACULTY IN THE DEPARTMENT WHO PLAN AN ACADEMIC RESEARCH CAREER FOCUSING ON CARDIOVASCULAR DISEASE PREVENTION, DIAGNOSIS AND TREATMENT, INCLUDING DIABETES. PENNSYLVANIA HOSPITAL - TO CARE FOR THE SICK AND ADVANCE THE ART AND SCIENCE OF MEDICINE. IN ADDITION, IT ALLOWS THE HOSPITAL TO CARRY ON THEIR HISTORIC CHARITABLE MISSION AND FOCUS EFFORTS ON THE PATIENT WITH EFFECTIVE TREATMENT AND CUTTING EDGE TECHNOLOGY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL BOARD MEMBERS VOLUNTEER THEIR TIME TO THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUPPORT OF WEBSITE HOMEPAGE AND MESSAGE BOARD AT WEBSITE BLOG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2T.G. DUNCAN, M.D. SHARON DUNCAN SYLVIA PAST PRES BOARD DAUGHTER T.G.DUNCAN, M.D. CAROLYN DUNCAN STERN PAST PRES BOARD DAUGHTER PETER DUNCAN SHARON DUNCAN-SYLVIA BOARD BOARD NIECE GARRY DUNCAN SHARON DUNCAN-SYLVIA BOARD BOARD COUSIN GARRY DUNCAN CAROLYN DUNCAN STERN BOARD BOARD COUSIN CAROLYN DUNCAN STERN SHARON DUNCAN-SYLVIA BOARD BOARD SISTER GARRY DUNCAN PETER DUNCAN BOARD EX-BOARD FATHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THEODORE G DUNCAN MD 3017 NE 57TH STREET FT. LAUDERDALE, FL 33308 ELLEN FUNK 10 BLAKELY ROAD HAVERFORD, PA 19041 JEAN LANE DUNCAN 1645 YARDLEY DRIVE WEST CHESTER, PA 19380 SHARON DUNCAN-SYLVIA 42 OTIS BASSETT ROAD WEST TISBURY, MA 02568 GARRY DUNCAN 602 E. PLEASANT STREET WYNDMOOR, PA 19038 DAVID P. BROWN III 1944 KIMBERTON ROAD KIMBERTON, PA 19442-0729 LINDSEY VERANO 100 PARKER AAVE 32 PHILADELPHIA, PA 19128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DRAFT COPY OF TAX RETURN IS SENT TO PRESIDENT AND OFFICE MANAGER FOR REVIEW AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5VERBALLY OR WRITTEN COMMUNICATION AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01548 ELKINS AVENUE
IRS990/USAddress/CityNm0ABINGTON
IRS990/USAddress/StateAbbreviationCd0PA
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IRS990/WebsiteAddressTxt0WWW.DIABETESEDUCATIONANDRESEARCHCENTER
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROLYN DUNCAN STERN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02158293426
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GARFIELD G DUNCAN RESEARCH
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GARF
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ReturnHeader/Filer/PhoneNum02158293436
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C38A57BAA336AAA2F59A44A65B7AEAA1F1FDE494
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0144.202.193.109
ReturnHeader/FilingSecurityInformation/IPDt02018-10-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:15:48
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271391681
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GPCD PARTNERS LLC

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.$1.45$0.00$1.45$0.11$0.81$0.71
2023Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.08$0.13$0.88$0.75
2022Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$0.17$0.90$0.73
2021Detailed filing. Detailed filing data is available for this year.$3.89$0.01$3.88$0.21$0.92$0.71
2020Detailed filing. Detailed filing data is available for this year.$4.28$0.01$4.27$0.22$0.89$0.67
2019Summary only. Only limited summary data is available for this year.$4.64$0.00$4.64$0.46$0.86$0.40
2018Detailed filing. Detailed filing data is available for this year.$4.64$0.00$4.64$0.25$0.89$0.64
2017Detailed filing. Detailed filing data is available for this year.$5.57$0.00$5.56$0.46$0.74$0.28
2016Detailed filing. Detailed filing data is available for this year.$5.45$0.00$5.45$0.29$0.80$0.51
2015Detailed filing. Detailed filing data is available for this year.$5.67$0.00$5.67$0.56$0.73$0.18
2014Detailed filing. Detailed filing data is available for this year.$6.23$0.00$6.23$0.60$0.64$0.05
2013Detailed filing. Detailed filing data is available for this year.$6.12$0.00$6.12$0.75$0.51$0.24
2011Summary only. Only limited summary data is available for this year.$4.70$0.00$4.69$0.43$0.43$0.00
2010Summary only. Only limited summary data is available for this year.$4.70$0.00$4.69$0.58$0.48$0.10