Civic Intelligence

Young America'S Foundation

990 • Fiscal year 2014 • EIN 23-7042029

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

11480 Commerce Park Drivereston, VA 20191

(703) 318-9608

Siviq Scores

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

Liabilities / Assets

25th percentile

0.09x

Higher debt load relative to assets than 25% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

33rd percentile

0.23x

Higher debt load relative to revenue than 33% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

81st percentile

$675,186

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

68th percentile

9.7%

Faster asset growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

71st percentile

14%

Faster revenue growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Assets

Up

$58,602,550

Up $5,205,135 (+9.7%) from 2013

Net Assets

Up

$53,308,275

Up $2,968,133 (+5.9%) from 2013

Liabilities

Up

$5,294,275

Up $2,237,002 (+73%) from 2013

Revenue

Up

$23,148,860

Up $2,795,018 (+14%) from 2013

Expenses

Up

$19,434,635

Up $3,054,326 (+19%) from 2013

Net Income

Down

$3,714,225

Down $259,308 (-6.5%) from 2013

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $45,125,887Liabilities 2011: $4,451,074Net Assets 2011: $40,674,8132011Assets 2012: $50,943,390Liabilities 2012: $3,815,942Net Assets 2012: $47,127,4482012Assets 2013: $53,397,415Liabilities 2013: $3,057,273Net Assets 2013: $50,340,1422013Assets 2014: $58,602,550Liabilities 2014: $5,294,275Net Assets 2014: $53,308,2752014Assets 2015: $68,944,447Liabilities 2015: $3,478,273Net Assets 2015: $65,466,1742015Assets 2016: $71,074,538Liabilities 2016: $3,614,139Net Assets 2016: $67,460,3992016Assets 2017: $75,666,510Liabilities 2017: $6,179,581Net Assets 2017: $69,486,9292017Assets 2018: $74,757,386Liabilities 2018: $4,743,260Net Assets 2018: $70,014,1262018Assets 2020: $92,753,654Liabilities 2020: $5,467,882Net Assets 2020: $87,285,7722020Assets 2021: $108,030,545Liabilities 2021: $4,249,959Net Assets 2021: $103,780,5862021Assets 2022: $99,126,798Liabilities 2022: $9,775,900Net Assets 2022: $89,350,8982022Assets 2024: $115,204,017Liabilities 2024: $9,168,350Net Assets 2024: $106,035,6672024

Highlighted filing

2014

Assets$58,602,550
Liabilities$5,294,275
Net Assets$53,308,275

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2011: $15,398,9342011Expenses 2012: $16,580,8572012Revenue 2013: $20,353,842Expenses 2013: $16,380,309Net Income 2013: $3,973,5332013Revenue 2014: $23,148,860Expenses 2014: $19,434,635Net Income 2014: $3,714,2252014Revenue 2015: $36,193,437Expenses 2015: $21,482,145Net Income 2015: $14,711,2922015Revenue 2016: $22,679,889Expenses 2016: $22,503,585Net Income 2016: $176,3042016Revenue 2017: $24,919,352Expenses 2017: $23,732,711Net Income 2017: $1,186,6412017Revenue 2018: $27,687,804Expenses 2018: $23,723,028Net Income 2018: $3,964,7762018Revenue 2020: $27,991,196Expenses 2020: $20,769,739Net Income 2020: $7,221,4572020Revenue 2021: $39,445,693Expenses 2021: $27,867,656Net Income 2021: $11,578,0372021Revenue 2022: $28,815,012Expenses 2022: $33,125,213Net Income 2022: -$4,310,2012022Revenue 2024: $41,594,746Expenses 2024: $36,548,122Net Income 2024: $5,046,6242024

Highlighted filing

2014

Revenue$23,148,860
Expenses$19,434,635
Net Income$3,714,225
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$38,543,225
Mission and Program Overview

Mission

Public education on the ideas of individual freedom, a strong national defense, free enterprise, traditional values, and leadership.

PUBLIC EDUCATION ON THE IDEAS OF individual freedom, a strong national DEFENSE, FREE ENTERPRISE, traditional values and leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,000,862$24,999,282▲ $2,998,420
Investments in Publicly Traded Securities$18,896,939$18,181,370▼ $715,569
Pledges and Grants Receivable$6,652,042$8,396,119▲ $1,744,077
Savings and Temporary Cash Investments$3,131,949$2,196,157▼ $935,792
Cash and Non-Interest-Bearing Accounts$689,009$1,609,640▲ $920,631
Accounts Receivable$437,619$942,782▲ $505,163
Investments Other Securities$323,094$330,386▲ $7,292
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$53,397,415$58,602,550▲ $5,205,135
Other Assets Total$1,265,901$1,946,814▲ $680,913
Liabilities
Other Liabilities$690,713$2,558,247▲ $1,867,534
Accounts Payable and Accrued Expenses$1,041,405$1,636,909▲ $595,504
Mortgage Notes Payable Secured by Investment Property$1,325,155$1,093,254▼ $231,901
Deferred Revenue$0$5,865▲ $5,865
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,057,273$5,294,275▲ $2,237,002
Net Assets / Fund Balance
Unrestricted Net Assets$26,619,666$26,863,794▲ $244,128
Permanently Rstr Net Assets$14,289,739$15,342,622▲ $1,052,883
Temporarily Rstr Net Assets$9,430,737$11,101,859▲ $1,671,122
Total Net Assets Fund Balance$50,340,142$53,308,275▲ $2,968,133
Total Liabilities and Net Assets / Fund Balance$53,397,415$58,602,550▲ $5,205,135

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$14,480,970$5,708,339$20,189,309
Land$8,304,441-$8,304,441
Equipment$1,313,871$1,786,936$3,100,807
Buildings$900,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$16,184,500$157,466▲ $813,309$1,066,117$16,089,158
2013$15,058,979$217,199▲ $1,896,421$988,099$16,184,500
2012$11,269,380$3,210,510▲ $1,135,329$556,240$15,058,979
2011$9,226,852$2,381,114▲ $13,080$351,666$11,269,380
2010$6,213,068$2,280,265▲ $1,036,476$302,957$9,226,852
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ron RobinsonPresident/directorFT$611,442$63,744$675,186
Andrew CoffinVice PresidentFT$240,308$28,260$268,568
Darla AnzaloneDirector of CommunicationsFT$229,380$33,904$263,284
Kirby WilburNjc Executive DirectorFT$202,769$23,554$226,323
jason barbourdirector of development-$190,573$30,587$221,160
Nicole HoplinVice PresidentFT$147,500$28,667$176,167
Patrick CoyleVice PresidentFT$143,672$22,096$165,768
kimberly beggvice presidentFT$129,812$35,528$165,340

Board Members and Trustees

NameTitle
Ronald PearsonVice President/director
James B TaylorDirector
Peter SchweizerDirector
T Kenneth CribbDirector
Wynton C HallDirector
Frank J DonatelliSecretary/treasurer/director

Highest Paid Contractors

ContractorServicesLocationCompensation
Harry Walker AgencySpeeches-$317,671
sodexoCatering-$180,868
American CenturyInvestment Mgmt-$177,727
Lorraine Lim Cateringcatering-$158,552
CP DirectCommunications-$142,958
Revenue and Support

Revenue Composition

Contributions and Grants
$20,699,924
Program Service Revenue
$491,085
Investment Income
$1,754,506
Other Revenue
$203,345
All Other Contributions
$20,699,924
Change in Net Assets
$3,714,225

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$900,000Fair Market Value (FMV)
Other Non Cash Contri Table2$65,411Fair Market Value (FMV)
Works of Art1$17,500Fair Market Value (FMV)
Total Noncash Contributions4$982,911-

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,148,860
Revenue Not Reported on Form 990
$-746,092
Total Revenue per Audited Statements
$22,402,768
Total Revenue per Form 990
$23,148,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,238,402
Salaries, Compensation, and Employee Benefits$4,901,130
Total Fundraising Expense$1,928,832
Grants and Similar Amounts Paid$220,300
Professional Fundraising Fees$74,803

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$3,568,453$306,374$425,665$4,300,492
Other Salaries and Wages$2,244,953$286,174$524,939$3,056,066
Information Technology$2,231,796$151,670$314,141$2,697,607
Current Officers, Directors, Trustees, and Key Employees$824,461$178,972$166,644$1,170,077
Conferences and Meetings$1,085,300$36,019-$1,121,319
Travel$968,740$27,429$466$996,635
Depreciation Depletion$662,652$122,848$153,298$938,798
Occupancy$522,164$170,372$67,955$760,491
Fees for Services Legal$559,045$10,643$4,460$574,148
Other Employee Benefits$238,165$124,302$60,858$423,325
All Other Expenses$179,755$105,415$15,078$300,248
Payroll Taxes$181,941$30,850$38,871$251,662
Grants to Domestic Individuals$220,300--$220,300
Insurance$165,428$23,280$5,343$194,051
Fees for Services Other$188,172$2,480-$190,652
Other Expenses$163,754$2,066$61,771$165,820
Advertising$137,100-$14,540$151,640
Fees for Service Investment Mgmnt Fees-$123,595-$123,595
Fees for Services Professional Fundraising--$74,803$74,803
Interest$71,079$370-$71,449
Fees for Services Accounting-$54,095-$54,095
Total Functional Expenses$4,638,177$1,756,954$882,463$5,520,640

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$19,434,635
Total Expenses per Audited Statements$19,434,635
Total Expenses per Form 990$19,434,635
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$74,803
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$1,564,718
Gift Annuities Payable$993,529
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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

part VI, section B, line 11B

Review of form 990 An independent accounting firm prepares the Form 990 based on information provided by Young America's Foundation's finance department. After preparation a thorough review is performed internally by the Foundation's Director of Finance and externally by outside legal counsel to the Foundation. Copies of the prepared form are also distributed to the members of the Board of Directors prior to filing with the IRS.

part VI, section B, line 12C

Conflict of interest policy The Foundation conducts periodic reviews pursuant to the following conflict of interest policy: To ensure the Young America's Foundation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews ARE conducted. The periodic reviews, at a minimum, include the following subjects: a.Whether compensation arrangements and benefits are reasonable, based on comparable survey information, and the result of arm's length bargaining. b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the Young America's Foundation's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. The Foundation is keenly aware of the rules relating to conflict of interest. Directors are recused from any discussion and votes on all matters on which they have a potential or actual conflict.

part VI, section B, line 15

compensation Each year the president's compensation is determined by the Board of Directors Compensation Committee, which is made up of three independent directors. These directors do not have a conflict of interest as compensation committee members. The committee reviews comparable pay scales for CEOs of numerous other major comparable non-profit organizations. This information is obtained from Form 990's for the respective organizations via Guidestar and salaries as reported in public information on other websites. The Committee also considers the president's exclusive and fulltime commitment to Young America's Foundation, his over 35 years experience as a foundation executive and OVER 30 YEARS AS AN attorney, his contacts in the conservative community, and the hours he works as additional factors in setting his salary and benefits. Contemporaneous substantiation of the compensation committee's 2013 discussion and decision is maintained as part of the corporate records. Additionally, the president reviews employee performance and experience in setting the compensation for the remainder of the Foundation's staff.

part VI, section C, line 17

states in Which A copy of 990 is filed: al, ak, ar, ca, ct, fl, il, ks, ky, md, ma, mi, mn, ms, nj, ny, nc, oh, ok, or, pa, ri, sc, tn, va, wv, wi

part VI, section C, line 19

public availability THE FOUNDATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON IT'S WEBSITE. THE FOUNDATION DOES NOT GENERALLY MAKE COPIES OF ITS GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC.

Filing and Contact Details

Filer

Filer Name
YOUNG AMERICA'S FOUNDATION
EIN
23-7042029
In Care Of
% TRAVIS CREEL
Phone
7033189608
Address
11480 Commerce Park Drive, reston, VA 20191

Signing Officer

Name
Kimberly Begg
Title
VP/General counsel
Phone
7033189608
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Robinson
Formed
1969
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
6
Employees
57
Volunteers
8,300

Preparer

Firm
Aronson LLC
Address
805 KING FARM BLVD 3RD FLOOR, ROCKVILLE, MD 20850
Preparer
Norman A Snyder III CPA
Phone
3012316200
Supplemental Narrative

Additional Explanations

part 1, line 6

volunteers YOUNG AMERICA'S FOUNDATION'S VOLUNTEERS ARE CRITICAL TO MAKING POSSIBLE THE MANY PROGRAMS THAT ARE CONDUCTED EACH YEAR. THEY HELP WITH THE MANY EDUCATIONAL PROGRAMS AND EVENTS AT THE REAGAN RANCH AND REAGAN RANCH CENTER IN CALIFORNIA, AT THE VARIOUS CONFERENCES AROUND THE COUNTRY, AND EXECUTE THE MANY CAMPUS INITIATIVES ON HUNDREDS OF COLLEGE AND UNIVERSITY CAMPUSES.

part III, line 4D

other program services PUBLIC INFORMATION: THE FOUNDATION PROVIDES EDUCATIONAL AND INFORMATIONAL MATERIALS TO HUNDREDS OF THOUSANDS OF AMERICANS INTERESTED IN ADVANCING FREEDOM AND SPREADING PROSPERITY. THE FOUNDATION'S MEDIA AND COMMUNICATIONS ACTIVITIES, INCLUDING ITS WEBSITE, NEWSLETTERS, AND MAILINGS TO THE TARGET AUDIENCE GARNERS BROAD-BASED, GRASSROOTS SUPPORT FOR THE FOUNDATION'S MISSION AND THE MANY PROGRAMS CONDUCTED THROUGHOUT THE YEAR.

PART XI line 9

other changes in net assets THE CHANGE IN THE VALUE OF ANNUITIES AS OF 12/31/2014 IS ($5,571).

Financial Statement Notes

schedule D, part III, line 4

Historic reagan ranch artifacts educate students and the public on the life and principles of president reagan.

schedule D, part V, line 4

The intended use of the endowment funds is to support the foundation's program activities including the reagan ranch, national journalism center, national conservative student conference, the high school conference, and other student programs and seminars in accordance with the intentions of the supporters making contributions to the endowments.

schedule D, part X, line 2

The Foundation evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of December 31, 2014 and 2013, there are no accruals for uncertain tax positions. If applicable, the Foundation records interest and penalties as a component of income tax expense. Tax years from 2011 through the current year remain open for examination by tax authorities.

schedule D, part XI, line 2D

The change in the value of annuities as of 12/31/2014 is ($5,571)

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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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IRS990/MissionDesc0PUBLIC EDUCATION ON THE IDEAS OF INDIVIDUAL FREEDOM, A STRONG NATIONAL DEFENSE, FREE ENTERPRISE, TRADITIONAL VALUES, AND LEADERSHIP.
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IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCE INCOME
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IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL PROJECTS: THE REAGAN RANCH PROGRAM IS DEVOTED TO PRESERVING AND PROTECTING PRESIDENT REAGAN'S WESTERN WHITE HOUSE, RANCHO DEL CIELO, AND EDUCATING YOUNG PEOPLE ON THE LESSONS OF HIS PRESIDENCY AT THE RANCH AND IN THE REAGAN RANCH CENTER IN SANTA BARBARA,CA. IN ADDITION TO EXPENSES REPORTED ABOVE, THE FOUNDATION ALSO MADE CAPITAL INVESTMENTS INTO THE REAGAN RANCH, REAGAN RANCH CENTER, and the foundation headquarters. ALSO AS REPORTED IN LINE 4D BELOW AND SCHEDULE O, THE FOUNDATION DISTRIBUTED ONE MILLION REAGAN RANCH CALENDARS THROUGH ITS COMMUNICATION PROGRAM.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt016773
IRS990/ProgSrvcAccomActy3Grp/Desc0SPECIAL PROJECTS: THE NATIONAL JOURNALISM CENTER TRAINS STUDENTS TO BE ACCURATE JOURNALISTS. THE PROGRAM PROVIDES ASPIRING JOURNALISTS WITH TRAINING IN JOURNALISM AND PRACTICAL EXPERIENCE THROUGH MEDIA INTERNSHIPS. IN ADDITION TO EXPENSES REPORTED ABOVE, THE FOUNDATION MADE CAPITAL INVESTMENTS INTO THE NATIONAL JOURNALISM CENTER.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0785915

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$115$9.17$106$41.6$36.5$5.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$99.1$9.78$89.4$28.8$33.1$4.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$108$4.25$104$39.4$27.9$11.6
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$92.8$5.47$87.3$28.0$20.8$7.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$74.8$4.74$70.0$27.7$23.7$3.96
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$75.7$6.18$69.5$24.9$23.7$1.19
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.1$3.61$67.5$22.7$22.5$0.18
2015Detailed filing. Detailed filing data is available for this year.$68.9$3.48$65.5$36.2$21.5$14.7
2014Detailed filing. Detailed filing data is available for this year.$58.6$5.29$53.3$23.1$19.4$3.71
2013Detailed filing. Detailed filing data is available for this year.$53.4$3.06$50.3$20.4$16.4$3.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.9$3.82$47.1$16.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.1$4.45$40.7$15.4