Civic Intelligence

Gretchen Wolf Swartz Scholarship Fund Inc - C/O Rkl LLP

990 • Fiscal year 2019 • EIN 23-3027519

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 30, 2020

3501 Concord Road Suite 250York, PA 17402

(717) 843-3804

Siviq Scores

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

Liabilities / Assets

66th percentile

0.11x

Higher debt load relative to assets than 66% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

85th percentile

0.44x

Higher debt load relative to revenue than 85% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

53rd percentile

4.7%

Higher net margin than 53% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

62nd percentile

8.5%

Faster asset growth than 62% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-1.8%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$506,785

Up $39,666 (+8.5%) from 2018

Net Assets

Up

$450,463

Up $22,293 (+5.2%) from 2018

Liabilities

Up

$56,322

Up $17,373 (+45%) from 2018

Revenue

Down

$129,055

Down $2,322 (-1.8%) from 2018

Expenses

Up

$123,052

Up $970 (+0.8%) from 2018

Net Income

Down

$6,003

Down $3,292 (-35%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $171,401Liabilities 2010: $0Net Assets 2010: $171,4012010Assets 2011: $176,263Liabilities 2011: $0Net Assets 2011: $176,2632011Assets 2012: $206,172Liabilities 2012: $0Net Assets 2012: $206,1722012Assets 2013: $216,673Liabilities 2013: $0Net Assets 2013: $216,6732013Assets 2014: $269,695Liabilities 2014: $0Net Assets 2014: $269,6952014Assets 2015: $379,454Liabilities 2015: $9,374Net Assets 2015: $370,0802015Assets 2016: $425,344Liabilities 2016: $22,878Net Assets 2016: $402,4662016Assets 2017: $471,749Liabilities 2017: $41,539Net Assets 2017: $430,2102017Assets 2018: $467,119Liabilities 2018: $38,949Net Assets 2018: $428,1702018Assets 2019: $506,785Liabilities 2019: $56,322Net Assets 2019: $450,4632019Assets 2020: $591,549Liabilities 2020: $87,898Net Assets 2020: $503,6512020Assets 2021: $690,165Liabilities 2021: $143,251Net Assets 2021: $546,9142021Assets 2022: $560,692Liabilities 2022: $95,977Net Assets 2022: $464,7152022Assets 2023: $710,328Liabilities 2023: $151,884Net Assets 2023: $558,4442023Assets 2024: $778,442Liabilities 2024: $141,218Net Assets 2024: $637,2242024

Highlighted filing

2019

Assets$506,785
Liabilities$56,322
Net Assets$450,463

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $12,438Expenses 2010: $6,105Net Income 2010: $6,3332010Revenue 2011: $12,515Expenses 2011: $7,016Net Income 2011: $5,4992011Revenue 2012: $24,374Expenses 2012: $7,573Net Income 2012: $16,8012012Revenue 2013: $43,899Expenses 2013: $16,339Net Income 2013: $27,5602013Revenue 2014: $74,010Expenses 2014: $20,704Net Income 2014: $53,3062014Revenue 2015: $137,194Expenses 2015: $34,894Net Income 2015: $102,3002015Revenue 2016: $132,456Expenses 2016: $101,149Net Income 2016: $31,3072016Revenue 2017: $128,530Expenses 2017: $112,912Net Income 2017: $15,6182017Revenue 2018: $131,377Expenses 2018: $122,082Net Income 2018: $9,2952018Revenue 2019: $129,055Expenses 2019: $123,052Net Income 2019: $6,0032019Revenue 2020: $128,835Expenses 2020: $109,900Net Income 2020: $18,9352020Revenue 2021: $154,617Expenses 2021: $126,541Net Income 2021: $28,0762021Revenue 2022: $139,266Expenses 2022: $160,729Net Income 2022: -$21,4632022Revenue 2023: $164,760Expenses 2023: $127,887Net Income 2023: $36,8732023Revenue 2024: $190,351Expenses 2024: $161,537Net Income 2024: $28,8142024

Highlighted filing

2019

Revenue$129,055
Expenses$123,052
Net Income$6,003
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 30, 2020
Return Version
2019v5.1
Gross Receipts
$129,055
Mission and Program Overview

Mission

To fund scholarships and other awards for high school students who exemplify the ideals of sportsmanship and meet other criteria.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$280,750$409,136▲ $128,386
Cash and Non-Interest-Bearing Accounts$186,369$97,649▼ $88,720
Total Assets$467,119$506,785▲ $39,666
Liabilities
Accounts Payable and Accrued Expenses$38,949$56,322▲ $17,373
Total Liabilities$38,949$56,322▲ $17,373
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$428,170$450,463▲ $22,293
Total Net Assets Fund Balance$428,170$450,463▲ $22,293
Total Liabilities and Net Assets / Fund Balance$467,119$506,785▲ $39,666
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve MerrickChair
Coni WolfPresident
Allan PettitDirector
Chuck AbbottDirector
Linda FitzDirector
Mike HeislerDirector
Pat GebhartDirector
Patrick LannonDirector
Phil MillerDirector
Craig SharnetzkaSecretary
Thomas RyanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$116,764
Program Service Revenue
$0
Investment Income
$12,291
Other Revenue
$0
All Other Contributions
$116,764
Change in Net Assets
$6,003
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$116,000
Other Expenses$7,052
Total Fundraising Expense$1,096
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$116,000--$116,000
Fees for Services Accounting-$3,345-$3,345
Office Expenses-$2,270-$2,270
Advertising--$1,096$1,096
Insurance-$341-$341
Total Functional Expenses$116,000$5,956$1,096$123,052
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
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review will be conducted.

Form 990, Part VI, Section B, Line 12C

The organization reviews the conflict of interest policy verbally.

Form 990, Part VI, Section C, Line 19

Governing documents are available on the organization's website. Conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Gretchen Wolf Swartz Scholarship Fund
EIN
23-3027519
Phone
7178433804
Address
3501 CONCORD ROAD SUITE 250, YORK, PA 17402

Signing Officer

Name
Steve Merrick
Title
Chair
Phone
7178433804
Signed
2020-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Merrick
Formed
1999
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Rkl Llp
Address
3501 CONCORD ROAD PO BOX 21439, YORK, PA 17402
Preparer
Amy Gohn Anstine CPA
Phone
7178433804
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 1C:

The organization did not have any instances where backup withholding was required; however, if the situation would arise, the organization is aware of the reporting requirements and would handle that situation accordingly.

Raw XML Appendix373 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE ANY INSTANCES WHERE BACKUP WITHHOLDING WAS REQUIRED; HOWEVER, IF THE SITUATION WOULD ARISE, THE ORGANIZATION IS AWARE OF THE REPORTING REQUIREMENTS AND WOULD HANDLE THAT SITUATION ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY VERBALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 1C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRETCHEN WOLF SWARTZ SCHOLARSHIP FUND
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ReturnHeader/ReturnTs02020-10-05T13:59:49-05:00
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ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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.$7.78$1.41$6.37$1.90$1.62$0.29
2023Detailed filing. Detailed filing data is available for this year.$7.10$1.52$5.58$1.65$1.28$0.37
2022Detailed filing. Detailed filing data is available for this year.$5.61$0.96$4.65$1.39$1.61$0.21
2021Detailed filing. Detailed filing data is available for this year.$6.90$1.43$5.47$1.55$1.27$0.28
2020Detailed filing. Detailed filing data is available for this year.$5.92$0.88$5.04$1.29$1.10$0.19
2019Detailed filing. Detailed filing data is available for this year.$5.07$0.56$4.50$1.29$1.23$0.06
2018Detailed filing. Detailed filing data is available for this year.$4.67$0.39$4.28$1.31$1.22$0.09
2017Detailed filing. Detailed filing data is available for this year.$4.72$0.42$4.30$1.29$1.13$0.16
2016Detailed filing. Detailed filing data is available for this year.$4.25$0.23$4.02$1.32$1.01$0.31
2015Detailed filing. Detailed filing data is available for this year.$3.79$0.09$3.70$1.37$0.35$1.02
2014Detailed filing. Detailed filing data is available for this year.$2.70$0.00$2.70$0.74$0.21$0.53
2013Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.44$0.16$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.00$2.06$0.24$0.08$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.00$1.76$0.13$0.07$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.00$1.71$0.12$0.06$0.06