Civic Intelligence

Greater Lafayette Community Foundation

990 • Fiscal year 2013 • EIN 23-7147996

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 16, 2014

1114 East State St47905-1219

(765) 742-9078

Siviq Scores

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

Liabilities / Assets

51st percentile

0.30x

Higher debt load relative to assets than 51% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

91st percentile

3.44x

Higher debt load relative to revenue than 91% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

11th percentile

$86,269

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Asset Growth

83rd percentile

18%

Faster asset growth than 83% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

Up

$43,243,750

Up $6,535,526 (+18%) from 2012

Net Assets

Up

$30,140,143

Up $4,945,399 (+20%) from 2012

Liabilities

Up

$13,103,607

Up $1,590,127 (+14%) from 2012

Revenue

$3,811,105

No earlier filing loaded for comparison.

Expenses

Up

$1,802,493

Up $196,045 (+12%) from 2012

Net Income

$2,008,612

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.

$150M$100M$50M$0Assets 2012: $36,708,224Liabilities 2012: $11,513,480Net Assets 2012: $25,194,7442012Assets 2013: $43,243,750Liabilities 2013: $13,103,607Net Assets 2013: $30,140,1432013Assets 2014: $47,172,864Liabilities 2014: $14,469,977Net Assets 2014: $32,702,8872014Assets 2015: $45,892,435Liabilities 2015: $12,864,060Net Assets 2015: $33,028,3752015Assets 2016: $50,219,738Liabilities 2016: $10,354,402Net Assets 2016: $39,865,3362016Assets 2017: $57,672,140Liabilities 2017: $10,443,939Net Assets 2017: $47,228,2012017Assets 2018: $59,536,159Liabilities 2018: $12,716,757Net Assets 2018: $46,819,4022018Assets 2019: $70,324,355Liabilities 2019: $13,007,873Net Assets 2019: $57,316,4822019Assets 2020: $75,751,966Liabilities 2020: $13,460,948Net Assets 2020: $62,291,0182020Assets 2021: $89,165,772Liabilities 2021: $14,665,589Net Assets 2021: $74,500,1832021Assets 2022: $79,056,945Liabilities 2022: $12,741,633Net Assets 2022: $66,315,3122022Assets 2023: $91,703,275Liabilities 2023: $13,975,981Net Assets 2023: $77,727,2942023Assets 2024: $103,140,840Liabilities 2024: $16,756,178Net Assets 2024: $86,384,6622024

Highlighted filing

2013

Assets$43,243,750
Liabilities$13,103,607
Net Assets$30,140,143

Operations Trend

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

$15M$10M$5.0M$0Expenses 2012: $1,606,4482012Revenue 2013: $3,811,105Expenses 2013: $1,802,493Net Income 2013: $2,008,6122013Revenue 2014: $7,990,389Expenses 2014: $1,952,338Net Income 2014: $6,038,0512014Revenue 2015: $4,953,721Expenses 2015: $1,957,702Net Income 2015: $2,996,0192015Revenue 2016: $6,084,804Expenses 2016: $2,137,765Net Income 2016: $3,947,0392016Revenue 2017: $4,769,213Expenses 2017: $2,392,595Net Income 2017: $2,376,6182017Revenue 2018: $8,409,618Expenses 2018: $2,624,592Net Income 2018: $5,785,0262018Revenue 2019: $6,209,408Expenses 2019: $2,972,952Net Income 2019: $3,236,4562019Revenue 2020: $3,735,155Expenses 2020: $3,190,531Net Income 2020: $544,6242020Revenue 2021: $7,786,993Expenses 2021: $3,127,116Net Income 2021: $4,659,8772021Revenue 2022: $8,187,498Expenses 2022: $4,004,198Net Income 2022: $4,183,3002022Revenue 2023: $8,924,466Expenses 2023: $4,436,421Net Income 2023: $4,488,0452023Revenue 2024: $12,176,108Expenses 2024: $4,906,801Net Income 2024: $7,269,3072024

Highlighted filing

2013

Revenue$3,811,105
Expenses$1,802,493
Net Income$2,008,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 16, 2014
Return Version
2013v3.1
Gross Receipts
$11,138,363
Mission and Program Overview

Mission

The mission of the community foundation of greater lafayette is to inspire, nurture, and practice philanthropy, stewardship, and leadership in the communities we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$35,309,830$41,644,435▲ $6,334,605
Savings and Temporary Cash Investments$834,539$788,225▼ $46,314
Land, Buildings, and Equipment, Net$474,613$438,929▼ $35,684
Pledges and Grants Receivable-$276,112-
Other Notes and Loans Receivable, Net$69,395$66,113▼ $3,282
Cash and Non-Interest-Bearing Accounts$13,382$15,945▲ $2,563
Accounts Receivable$4,516$11,779▲ $7,263
Total Assets$36,708,224$43,243,750▲ $6,535,526
Other Assets Total$1,949$2,212▲ $263
Liabilities
Other Liabilities$6,702,220$7,571,969▲ $869,749
Escrow Account Liability$4,212,844$5,090,394▲ $877,550
Grants Payable$429,121$272,818▼ $156,303
Accounts Payable and Accrued Expenses$169,295$168,426▼ $869
Total Liabilities$11,513,480$13,103,607▲ $1,590,127
Net Assets / Fund Balance
Permanently Rstr Net Assets$18,107,864$19,492,081▲ $1,384,217
Temporarily Rstr Net Assets$2,793,947$5,459,604▲ $2,665,657
Unrestricted Net Assets$4,292,933$5,188,458▲ $895,525
Total Net Assets Fund Balance$25,194,744$30,140,143▲ $4,945,399
Total Liabilities and Net Assets / Fund Balance$36,708,224$43,243,750▲ $6,535,526

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$338,825$598,484$937,309
Equipment$5,876$103,110$108,986
Land$87,300-$87,300
Other Land Buildings$6,928$10,700$17,628

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$23,822,464$1,680,315▲ $4,403,376$1,800,382$28,105,773
2012$20,556,973$1,703,088▲ $2,642,069$1,079,666$23,822,464
2011$20,498,677$1,027,843▼ $497,720$471,827$20,556,973
2010$18,500,054$667,833▲ $2,735,690$1,404,900$20,498,677
2009$14,187,740$1,399,519▲ $3,574,245$661,450$18,500,054
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Greg KappFormer PresiFT$79,511$6,758$86,269
Marianne RosePresidentFT$70,641$14,751$85,392

Board Members and Trustees

NameTitle
Dave LuhmanChair
Jim BodenmillerVice Chair
Charlie ShookDirector
George RamseyDirector
Jeff LoveDirector
John MartinDirector
Maryann Santos De BaronaDirector
Rick OlsonDirector
Scott HanbackDirector
Sonya MargerumDirector
Steve HorneDirector
Sue Holder-priceDirector
Carolyn GerySecretary
Amy MoultonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,802,450
Program Service Revenue
$37,954
Investment Income
$1,945,617
Other Revenue
$25,084
All Other Contributions
$1,802,450
Change in Net Assets
$2,008,612

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,630,148
Revenue Not Reported on Financial Statements
$1,180,957
Revenue Not Reported on Form 990
$3,731,490
Other Revenue Adjustments
$1,106,630
Total Revenue per Audited Statements
$6,361,638
Total Revenue per Form 990
$3,811,105
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,116,012
Salaries, Compensation, and Employee Benefits$373,807
Other Expenses$312,674
Total Fundraising Expense$212,124
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,000,012--$1,000,012
Current Officers, Directors, Trustees, and Key Employees$63,514$39,482$68,665$171,661
Other Salaries and Wages$59,877$37,983$63,802$161,662
Grants to Domestic Individuals$116,000--$116,000
Fees for Service Investment Mgmnt Fees-$91,802-$91,802
Office Expenses$15,980$8,624$14,437$39,041
Depreciation Depletion$23,839$3,546$7,335$34,720
Occupancy$21,639$4,953$6,604$33,196
Payroll Taxes$8,506$5,347$9,125$22,978
Information Technology$5,843$3,672$6,267$15,782
Pension Plan Contributions$5,453$3,453$5,819$14,725
Fees for Services Accounting-$14,139-$14,139
Conferences and Meetings-$1,985$4,957$6,942
All Other Expenses$1,431-$2,778$4,209
Advertising--$3,030$3,030
Other Expenses$1,097$689$1,176$2,962
Other Employee Benefits$1,034$705$1,042$2,781
Insurance$713$448$764$1,925
Total Functional Expenses$1,373,541$216,828$212,124$1,802,493

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,802,493
Total Expenses per Audited Statements$1,416,239
Expenses per Audited Statements$1,414,284
Expenses Not Reported on Financial Statements$388,209
Other Expense Adjustments$313,882
Expenses Not Reported on Form 990$1,955
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
23-7291836-3Agency Discretion$120,775
35-2009765-3Agency Discretion$119,624
35-0891621-3Agency Discretion$78,337
35-0868224-3Server/phone/dvipp$48,948
35-1182938-3Water Heater/mattres$28,693
35-6002558-3Lara Fund$24,999
35-0828754-3Agency Discretion$21,192
31-1197894-3Theater Electrical$20,000
20-2270091-3Heating Renovation$20,000
35-0873339-3Box Truck$20,000
35-1097768-GovAgency Discretion$19,497
35-1940198-3Snowmaking Machine$19,050
35-6029483-3Computer Equipment$18,200
35-1115916-3Agency Discretion$17,413
35-1262269-3Building Repairs$16,998
35-1099083-3Computers$14,999
31-0889885-3Security/mattresses$14,391
38-3653969-3Agency Discretion$14,000
35-0984028-3Washer/dryer$13,981
35-1386694-3Carpet$13,565
35-1537584-3Agency Discretion$13,397
35-1157567-3Computer Equip$12,972
80-0016601-3Building Renovation$11,636
35-1734138-GovRadios for Fire Dept$11,509
32-0119241-3Basketball Court$10,737
35-0942566-3Agency Discretion$10,637
35-1225675-3Windows$10,000
35-1187794-3Agency Discretion$9,900
35-1073190-GovVarious Programs$9,750
35-1140233-3Agency Discretion$9,719
23-7331099-3Agency Discretion$8,675
35-1417640-GovAgency Discretion$8,283
31-0971746-3Technology/furniture$8,000
35-1186633-3Software Upgrades$7,500
37-1520362-3Walkway to Wetlands$7,499
35-1509916-3Design/printing$7,400
35-1376312-3Golf and Music Prog$6,000
35-1607101-3Computers and Tv$6,000
35-1376312-3Tuition Assistance$6,000
23-7444744-3Agency Discretion$5,909
23-7339360-3Agency Discretion$5,391
31-0191414-3Agency Discretion$5,239
35-1774913-3Rocks for Road$5,200
36-2162710-3Computers/software$5,141
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liability to Other Organizations$6,387,949
Life Interest Payable$930,215
Liab to Other Beneficiary$253,805
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

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

Form 990 is reviewed by the board of directors prior to filing.

Form 990, Page 6, Part VI, Line 12C

Enforcement is by the board of directors as situations may arise.

Form 990, Page 6, Part VI, Line 15A

Ceo's salary is determined by the board with reference to similiar positions both nationally and locally.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

EIN
23-7147996
Phone
7657429078

Signing Officer

Name
Marianne Rose
Title
President
Phone
7657429078
Signed
2014-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marianne Rose
Formed
1970
Legal Domicile
In
Voting Board Members
15
Independent Board Members
14
Employees
9
Volunteers
31

Preparer

Preparer
Kimberley R Morisette
Phone
7654285000
Supplemental Narrative

Additional Explanations

Form 990

Doing business as: the community foundation of greater lafayette

Form 990, Part XI, Line 9

Fasb 136 adjustment -397,264 fasb 136 unrealized gain on investments -709,366 fasb 136 adjustment 313,882 book / tax depreciation difference -1,955

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 1B

Other organizations have funds invested in the managed investment accounts of the community foundation of greater lafayette.

Schedule D, Page 2, Part IV, Line 2B

See response to part iv, line 1b above.

Schedule D, Page 2, Part V, Line 4

Endowment funds are established for granting and scholarships.

Schedule D, Page 3, Part X

Accounting standards require entitites to disclose in their financial statements the nature of any uncertainties in their tax position. Tax years including 2010 and later are subject to examination by tax authorities. Areas that irs and state tax authorities consider when examining tax returns of a charity include, but may not be limited to, tax-exempt status and the existence and amount of any unrelated business income. The organization does not believe that it has any uncertain tax positions with respect to these or other matters, and therefore has not recorded any unrecognized tax benefits or liabilities. The organization is not aware of any circumstances or events that make it reasonably possible that tax benefits may increase or decrease within 12 months of the date of these financial statements.

Schedule D, Page 4, Part XI, Line 4B

Fasb 136 adjustment 397,264 fasb 136 unrealized gain on investments 709,366

Schedule D, Page 4, Part XII, Line 2D

Book / tax depreciation difference 1,955

Schedule D, Page 4, Part XII, Line 4B

Fasb 136 adjustment 313,882

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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/Form990PartVIISectionAGrp/PersonNm5SCOTT HANBACK
IRS990/Form990PartVIISectionAGrp/PersonNm6MARYANN SANTOS DE BARONA
IRS990/Form990PartVIISectionAGrp/PersonNm7SUE HOLDER-PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm8JEFF LOVE
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm10CAROLYN GERY
IRS990/Form990PartVIISectionAGrp/PersonNm11AMY MOULTON
IRS990/Form990PartVIISectionAGrp/PersonNm12RICK OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm13GEORGE RAMSEY
IRS990/Form990PartVIISectionAGrp/PersonNm14CHARLIE SHOOK
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVE LUHMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHAIR
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02694
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02694
IRS990/NetUnrlzdGainsLossesInvstAmt03731490
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt06604
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IRS990/OccupancyGrp/ProgramServicesAmt021639
IRS990/OccupancyGrp/TotalAmt033196
IRS990/OfficeExpensesGrp/FundraisingAmt014437
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08624
IRS990/OfficeExpensesGrp/ProgramServicesAmt015980
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt02781
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IRS990/OtherExpensesGrp/Desc1GRANT EXPENSE
IRS990/OtherExpensesGrp/Desc2DEVELOPMENT ACTIVITIES/EV
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/FundraisingAmt11176
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0689
IRS990/OtherExpensesGrp/ProgramServicesAmt030658
IRS990/OtherExpensesGrp/ProgramServicesAmt117945
IRS990/OtherExpensesGrp/ProgramServicesAmt21097
IRS990/OtherExpensesGrp/TotalAmt030658
IRS990/OtherExpensesGrp/TotalAmt117945
IRS990/OtherExpensesGrp/TotalAmt216323
IRS990/OtherExpensesGrp/TotalAmt32962
IRS990/OtherLiabilitiesGrp/BOYAmt06702220
IRS990/OtherLiabilitiesGrp/EOYAmt07571969
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IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt02010 BEQUEST/TRUST PROCEEDS 165,300 2009 BEQUEST FOR COMMUNITY PROJECTS 112,953 2009 BEQUEST 541,888 2009 BEQUEST 149,584 2012 BEQUEST 568,027 2011 BEQUEST 237,818
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt1MISCELLANEOUS 62,561
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc1PART II, LINE 10
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$103$16.8$86.4$12.2$4.91$7.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.7$14.0$77.7$8.92$4.44$4.49
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$79.1$12.7$66.3$8.19$4.00$4.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.2$14.7$74.5$7.79$3.13$4.66
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$75.8$13.5$62.3$3.74$3.19$0.54
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.3$13.0$57.3$6.21$2.97$3.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.5$12.7$46.8$8.41$2.62$5.79
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.7$10.4$47.2$4.77$2.39$2.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.2$10.4$39.9$6.08$2.14$3.95
2015Detailed filing. Detailed filing data is available for this year.$45.9$12.9$33.0$4.95$1.96$3.00
2014Detailed filing. Detailed filing data is available for this year.$47.2$14.5$32.7$7.99$1.95$6.04
2013Detailed filing. Detailed filing data is available for this year.$43.2$13.1$30.1$3.81$1.80$2.01
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.7$11.5$25.2$1.61
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $25M-$50M nonprofits