Civic Intelligence

The Nathan Cummings Foundation Inc.

990PF • Fiscal year 2018 • EIN 23-7093201

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

475 Tenth Avenue 14th FloorNew York, NY 10018

(212) 787-7300

Siviq Scores

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

Liabilities / Assets

13th percentile

0.02x

Higher debt load relative to assets than 13% of similar nonprofits.

2018 filings • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

26th percentile

0.22x

Higher debt load relative to revenue than 26% of similar nonprofits.

2018 filings • $250M-$1B nonprofits • Source year 2018

Net Margin

76th percentile

18%

Higher net margin than 76% of similar nonprofits.

2018 filings • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

44th percentile

$549,784

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2018 filings • $250M-$1B nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$425,804,222

No earlier filing loaded for comparison.

Net Assets

$417,663,973

No earlier filing loaded for comparison.

Liabilities

$8,140,249

No earlier filing loaded for comparison.

Revenue

$36,968,933

No earlier filing loaded for comparison.

Expenses

$30,430,690

No earlier filing loaded for comparison.

Net Income

$6,538,243

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2018: $425,804,222Liabilities 2018: $8,140,249Net Assets 2018: $417,663,9732018Assets 2019: $444,315,012Liabilities 2019: $13,484,116Net Assets 2019: $430,830,8962019Assets 2020: $472,595,985Liabilities 2020: $10,838,712Net Assets 2020: $461,757,2732020Assets 2021: $538,275,709Liabilities 2021: $22,857,959Net Assets 2021: $515,417,7502021Assets 2022: $460,415,201Liabilities 2022: $18,895,695Net Assets 2022: $441,519,5062022Assets 2023: $470,838,848Liabilities 2023: $14,465,942Net Assets 2023: $456,372,9062023Assets 2024: $482,551,138Liabilities 2024: $15,819,309Net Assets 2024: $466,731,8292024

Highlighted filing

2018

Assets$425,804,222
Liabilities$8,140,249
Net Assets$417,663,973

Operations Trend

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

$40M$20M$0-$20M-$40MRevenue 2018: $36,968,933Expenses 2018: $30,430,690Net Income 2018: $6,538,2432018Revenue 2019: $24,977,243Expenses 2019: $36,212,236Net Income 2019: -$11,234,9932019Revenue 2020: $2,680,263Expenses 2020: $26,259,748Net Income 2020: -$23,579,4852020Revenue 2021: $724,216Expenses 2021: $34,225,274Net Income 2021: -$33,501,0582021Revenue 2022: $6,375,711Expenses 2022: $31,224,441Net Income 2022: -$24,848,7302022Revenue 2023: $9,417,156Expenses 2023: $26,783,948Net Income 2023: -$17,366,7922023Revenue 2024: $16,214,058Expenses 2024: $30,885,327Net Income 2024: -$14,671,2692024

Highlighted filing

2018

Revenue$36,968,933
Expenses$30,430,690
Net Income$6,538,243
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MS SHARON ALPERTPresident & CEOFT$461,570$88,214$549,784
MR BOB BANCROFTVice President, FinanceFT$203,746$46,560$250,306
MR NEALON DEVOREAssistant SecretaryFT$129,540$46,386$175,926
MS RUTH CUMMINGSChair, Trustee-$0--
MR MICHAEL CUMMINGSTreasurer, Trustee-$0--
MS JAIMIE MAYER PHINNEYVice Chair, Trustee-$0--
MR JAMES K CUMMINGSSecretary, Trustee-$0--
MR RICK CUMMINGSTrustee-$0--
MR JASON CUMMINGSTrustee-$0--
MS ROBERTA F CUMMINGSTrustee-$0--
MS HANNAH CUMMINGSTrustee-$0--
MS SONIA SIMON CUMMINGSTrustee-$0--
MS SOPHAL EARTrustee-$0--
MR REY RAMSEYTrustee-$0--
MS TRICIA ROSETrustee-$0--
MS JANE M SAKSTrustee-$0--
MR ADAM N CUMMINGSTrustee-$0--
Filing and Contact Details

Filer

Filer Name
The Nathan Cummings Foundation Inc
EIN
23-7093201
Phone
2127877300
Address
475 TENTH AVENUE 14TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Bob Bancroft
Title
Vice President, Finance
Phone
2127877300
Signed
2019-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Clark Nuber Ps
Address
10900 NE 4TH STREET 1400, BELLEVUE, WA 98004
Preparer
Jane M Searing
Phone
4254544919
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ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/AnyDiversionByGranteeTxt0NO KNOWN DIVERSION OF ANY PORTION OF THE GRANT FUND.
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/AnyDiversionByGranteeTxt1NO KNOWN DIVERSION OF ANY PORTION OF THE GRANT FUND.
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/BusinessName/BusinessNameLine1Txt0HYPERALLERGIC MEDIA INC
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/BusinessName/BusinessNameLine1Txt1SUSTAINABLE CAPITAL ADVISORS
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ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt1MAPPING INCLUSIVE CLEAN ENERGY FINANCIAL SERVICES
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/USAddress/AddressLine1Txt0181 N 11TH ST STE 302
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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0PART VII-B, LINE 1B - SELF DEALING
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