Civic Intelligence

The Michael Petrone Foundation

990EZ • Fiscal year 2016 • EIN 23-3000762

Jan 01, 2016 to Dec 31, 2016 • Filed on May 10, 2017

400 Van Gleason DriveCollegeville, PA 19426

(610) 409-9857

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

9th percentile

-49%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

98th percentile

484%

Faster revenue growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$7,335

Down $7,016 (-49%) from 2015

Net Assets

Down

$7,335

Down $7,016 (-49%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$28,951

Up $23,992 (+484%) from 2015

Expenses

Up

$35,967

Up $19,459 (+118%) from 2015

Net Income

Up

-$7,016

Up $4,533 (+39%) from 2015

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2010: $40,338Net Assets 2010: $40,3382010Assets 2011: $41,973Net Assets 2011: $41,9732011Assets 2012: $45,547Liabilities 2012: $02012Assets 2013: $41,888Liabilities 2013: $1,788Net Assets 2013: $40,1002013Assets 2014: $25,900Net Assets 2014: $25,9002014Assets 2015: $14,351Net Assets 2015: $14,3512015Assets 2016: $7,335Net Assets 2016: $7,3352016Assets 2017: $7,293Net Assets 2017: $7,2932017Assets 2018: $5,975Net Assets 2018: $5,9752018Assets 2019: $15,633Net Assets 2019: $15,6332019Assets 2020: $14,988Net Assets 2020: $14,9882020Assets 2021: $16,233Net Assets 2021: $16,2332021Assets 2022: $16,654Net Assets 2022: $16,6542022Assets 2023: $19,999Net Assets 2023: $19,9992023Assets 2024: $23,391Net Assets 2024: $23,3912024

Highlighted filing

2016

Assets$7,335
Liabilities-
Net Assets$7,335

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $18,387Expenses 2010: $17,669Net Income 2010: $7182010Revenue 2011: $46,683Expenses 2011: $46,089Net Income 2011: $5942011Revenue 2012: $14,472Expenses 2012: $11,148Net Income 2012: $3,3242012Revenue 2013: $9,845Expenses 2013: $13,577Net Income 2013: -$3,7322013Revenue 2014: $9,707Expenses 2014: $23,569Net Income 2014: -$13,8622014Revenue 2015: $4,959Expenses 2015: $16,508Net Income 2015: -$11,5492015Revenue 2016: $28,951Expenses 2016: $35,967Net Income 2016: -$7,0162016Revenue 2017: $5,771Expenses 2017: $5,813Net Income 2017: -$422017Revenue 2018: $44,917Expenses 2018: $46,235Net Income 2018: -$1,3182018Revenue 2019: $44,024Expenses 2019: $34,366Net Income 2019: $9,6582019Revenue 2020: $4,050Expenses 2020: $4,695Net Income 2020: -$6452020Revenue 2021: $25,756Expenses 2021: $24,511Net Income 2021: $1,2452021Revenue 2022: $24,573Expenses 2022: $24,152Net Income 2022: $4212022Revenue 2023: $62,331Expenses 2023: $58,986Net Income 2023: $3,3452023Revenue 2024: $83,221Expenses 2024: $79,829Net Income 2024: $3,3922024

Highlighted filing

2016

Revenue$28,951
Expenses$35,967
Net Income-$7,016
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 10, 2017
Return Version
2016v3.0
Gross Receipts
$43,020
Mission and Program Overview

Mission

Support of benevolent, charitable and educational undertakings

Program Services

DescriptionGrantsExpenses
PROVIDE FUNDS TO SUPPORT FAMILIES OF SICK AND DISABLED IN ACCORDANCE WITH THE ORGANIZATION'S WELFARE CAUSE.$29,300$29,300
PROVIDE FUNDS TO FIVE CHARITABLE ORGANIZATIONS IN ACCORDANCE WITH THE ORGANIZATION'S CHARITABLE CAUSE.$6,550$6,550
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THEODORE BOTZUMPres./Treas.PT$0--
AUGUSTUS SORTINOSec.PT$0--
KEN BUTLERDirectorPT$0--
NIKKI SAMBRICKDirectorPT$0--
DONNA MELLEDirectorPT$0--
DONNA SHEMARDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf outing$30,070$14,069$2,428$11,641
Total Events$30,070$14,069$14,069-
Filing and Contact Details

Filer

Filer Name
The Michael Petrone Foundation
EIN
23-3000762
Phone
6104099857
Address
400 Van Gleason Drive, Collegeville, PA 19426

Signing Officer

Name
Augustus C Sortino
Title
Secretary
Phone
6104099857
Signed
2017-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Michael K Wieber CPA
Address
400 VAN GLEASON DRIVE, COLLEGEVILLE, PA 19426
Preparer
Michael K Wieber CPA
Phone
6104099857
Supplemental Narrative

Additional Explanations

Other

990 EZ Part 1 Line 10 - See supporting schedule attached

Form 990EZ, Part I, Line 10

Support of summer day camp for disadvantaged youths; contribution; patrician society of central norr

Form 990EZ, Part I, Line 10

Provide support; contribution; ronald mcdonald house/camp: one kroc drive, oak brook, il, 60523; non

Form 990EZ, Part I, Line 10

Provide support; contribution; world race adventures in missions: 6000 wellspring trail, gainesville

Form 990EZ, Part I, Line 10

Provide support; contribution; fox chase cancer center: 333 cottman avenue, philadelphia, pa, 19111;

Form 990EZ, Part I, Line 10

Provide support; contribution; pancreatic cancer action network: 1500 rosecrans avenue, suite 200, m

Form 990EZ, Part I, Line 10

Support family of deceased parent; Welfare; Rodgers Family: , , , ; None, 28000.

Form 990EZ, Part I, Line 10

Support of family; Welfare; Dotie Sclofani: , , , ; , 200.

Form 990EZ, Part I, Line 10

Support of family who lost family member in fire; Welfare; : , , , ; None, 100.

Form 990EZ, Part I, Line 10

Support of family of patient suffering from illness; Welfare; Sadie Grater: , , , ; None, 500.

Form 990EZ, Part I, Line 10

Support of family; Welfare; Charles McHugh: , , , ; NONE, 500.

Form 990EZ, Part I, Line 16

Bank Charges

Form 990EZ, Part I, Line 16

Internet/Website

Form 990EZ, Part I, Line 16

Liability Insurance

Form 990EZ, Part I, Line 16

Licenses and Permits 15.

Form 990EZ, Part I, Line 16

Printing and Reproduction

Form 990EZ, Part I, Line 16

Office Supplies

Form 990EZ, Part I, Line 16

Postage and Delivery 102.

Form 990EZ, Part I, Line 16

Rounding

Raw XML Appendix228 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/PersonNm5DONNA SHEMAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pres./Treas.
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/ProgramServiceRevenueAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02609
IRS990ScheduleA/InvestmentIncomeCYPct00.02320
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 EZ Part 1 Line 10 - See supporting schedule attached
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUPPORT OF SUMMER DAY CAMP FOR DISADVANTAGED YOUTHS; CONTRIBUTION; PATRICIAN SOCIETY OF CENTRAL NORR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDE SUPPORT; CONTRIBUTION; RONALD MCDONALD HOUSE/CAMP: ONE KROC DRIVE, OAK BROOK, IL, 60523; NON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROVIDE SUPPORT; CONTRIBUTION; WORLD RACE ADVENTURES IN MISSIONS: 6000 WELLSPRING TRAIL, GAINESVILLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDE SUPPORT; CONTRIBUTION; FOX CHASE CANCER CENTER: 333 COTTMAN AVENUE, PHILADELPHIA, PA, 19111;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROVIDE SUPPORT; CONTRIBUTION; PANCREATIC CANCER ACTION NETWORK: 1500 ROSECRANS AVENUE, SUITE 200, M
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Support family of deceased parent; Welfare; Rodgers Family: , , , ; None, 28000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Support of family; Welfare; Dotie Sclofani: , , , ; , 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Support of family who lost family member in fire; Welfare; : , , , ; None, 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Support of family of patient suffering from illness; Welfare; Sadie Grater: , , , ; None, 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Support of family; Welfare; Charles McHugh: , , , ; NONE, 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Bank Charges
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Internet/Website
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Liability Insurance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Licenses and Permits 15.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Printing and Reproduction
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Office Supplies
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Postage and Delivery 102.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Rounding
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AUGUSTUS C SORTINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06104099857
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Michael Petrone Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0233000762
ReturnHeader/Filer/PhoneNum06104099857
ReturnHeader/Filer/USAddress/AddressLine1Txt0400 Van Gleason Drive
ReturnHeader/Filer/USAddress/CityNm0Collegeville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
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ReturnHeader/FilingSecurityInformation/IPDt02017-08-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm010:37:21
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL K WIEBER CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 VAN GLEASON DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLLEGEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019426
ReturnHeader/PreparerPersonGrp/PhoneNum06104099857
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL K WIEBER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-08-21T10:37:26-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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.$23.4$23.4$83.2$79.8$3.39
2023Detailed filing. Detailed filing data is available for this year.$20.0$20.0$62.3$59.0$3.35
2022Detailed filing. Detailed filing data is available for this year.$16.7$16.7$24.6$24.2$0.42
2021Detailed filing. Detailed filing data is available for this year.$16.2$16.2$25.8$24.5$1.25
2020Detailed filing. Detailed filing data is available for this year.$15.0$15.0$4.05$4.70$0.65
2019Detailed filing. Detailed filing data is available for this year.$15.6$15.6$44.0$34.4$9.66
2018Detailed filing. Detailed filing data is available for this year.$5.98$5.98$44.9$46.2$1.32
2017Detailed filing. Detailed filing data is available for this year.$7.29$7.29$5.77$5.81$0.04
2016Detailed filing. Detailed filing data is available for this year.$7.34$7.34$29.0$36.0$7.02
2015Detailed filing. Detailed filing data is available for this year.$14.4$14.4$4.96$16.5$11.5
2014Detailed filing. Detailed filing data is available for this year.$25.9$25.9$9.71$23.6$13.9
2013Detailed filing. Detailed filing data is available for this year.$41.9$1.79$40.1$9.85$13.6$3.73
2012Summary only. Only limited summary data is available for this year.$45.5$0.00$14.5$11.1$3.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.0$42.0$46.7$46.1$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.3$40.3$18.4$17.7$0.72