Civic Intelligence

The Cheyney Foundation

990 • Fiscal year 2018 • EIN 23-7148064

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 17, 2018

Organization ProfileWWW.CHEYNEYFOUNDATION.ORG
PO Box 235Cheyney, PA 19319

(610) 399-2419

Siviq Scores

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

Liabilities / Assets

54th percentile

0.05x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

72nd percentile

0.15x

Higher debt load relative to revenue than 72% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

4th percentile

-68%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

6th percentile

-30%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

92nd percentile

96%

Faster revenue growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets54th percentile

Assets

Down

$767,203

Down $321,087 (-30%) from 2017

Net Assets

Down

$730,816

Down $232,870 (-24%) from 2017

Liabilities

Down

$36,387

Down $88,217 (-71%) from 2017

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin4th percentile

Revenue

Up

$239,987

Up $117,273 (+96%) from 2017

Expenses

Up

$404,279

Up $212,443 (+111%) from 2017

Net Income

Down

-$164,292

Down $95,170 (-138%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,147,373Liabilities 2011: $58,294Net Assets 2011: $2,089,0792011Assets 2012: $1,800,737Liabilities 2012: $44,593Net Assets 2012: $1,756,1442012Assets 2013: $1,633,541Liabilities 2013: $26,715Net Assets 2013: $1,606,8262013Assets 2014: $1,380,828Liabilities 2014: $25,793Net Assets 2014: $1,355,0352014Assets 2015: $1,221,305Liabilities 2015: $129,899Net Assets 2015: $1,091,4062015Assets 2016: $1,108,046Liabilities 2016: $132,564Net Assets 2016: $975,4822016Assets 2017: $1,088,290Liabilities 2017: $124,604Net Assets 2017: $963,6862017Assets 2018: $767,203Liabilities 2018: $36,387Net Assets 2018: $730,8162018Assets 2019: $858,987Liabilities 2019: $134,016Net Assets 2019: $724,9712019Assets 2020: $804,579Liabilities 2020: $172,015Net Assets 2020: $632,5642020Assets 2021: $945,394Liabilities 2021: $39,240Net Assets 2021: $906,1542021Assets 2022: $938,700Liabilities 2022: $51,915Net Assets 2022: $886,7852022Assets 2023: $1,346,984Liabilities 2023: $39,020Net Assets 2023: $1,307,9642023Assets 2024: $1,493,191Liabilities 2024: $36,549Net Assets 2024: $1,456,6422024Assets 2025: $1,831,920Liabilities 2025: $39,658Net Assets 2025: $1,792,2622025

Highlighted filing

2018

Assets$767,203
Liabilities$36,387
Net Assets$730,816
Open 2018 Filing

Operations Trend

Revenue Growth92nd percentile

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

$1.0M$500K$0-$500KExpenses 2011: $369,8892011Expenses 2012: $356,9282012Expenses 2013: $564,0212013Revenue 2014: $217,386Expenses 2014: $544,821Net Income 2014: -$327,4352014Revenue 2015: $230,861Expenses 2015: $392,999Net Income 2015: -$162,1382015Revenue 2016: $175,333Expenses 2016: $217,297Net Income 2016: -$41,9642016Revenue 2017: $122,714Expenses 2017: $191,836Net Income 2017: -$69,1222017Revenue 2018: $239,987Expenses 2018: $404,279Net Income 2018: -$164,2922018Revenue 2019: $591,638Expenses 2019: $609,118Net Income 2019: -$17,4802019Revenue 2020: $329,457Expenses 2020: $403,990Net Income 2020: -$74,5332020Revenue 2021: $337,856Expenses 2021: $209,716Net Income 2021: $128,1402021Revenue 2022: $491,190Expenses 2022: $407,669Net Income 2022: $83,5212022Revenue 2023: $676,907Expenses 2023: $324,137Net Income 2023: $352,7702023Revenue 2024: $437,171Expenses 2024: $349,911Net Income 2024: $87,2602024Revenue 2025: $922,379Expenses 2025: $551,453Net Income 2025: $370,9262025

Highlighted filing

2018

Revenue$239,987
Expenses$404,279
Net Income-$164,292
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 17, 2018
Return Version
2017v2.3
Gross Receipts
$239,987
Mission and Program Overview

Mission

The mission of the cheyney foundation is to raise funds, promote and support academic excellence, innovation and sustainability of cheyney university.

Promote the mission of cheyney university by providing funds for projects and equipment to aid student achievement and to assist with student attendance and career focus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$947,611$694,770▼ $252,841
Cash and Non-Interest-Bearing Accounts$137,679$72,433▼ $65,246
Total Assets$1,088,290$767,203▼ $321,087
Other Assets Total$3,000--
Liabilities
Mortgage Notes Payable Secured by Investment Property$96,014--
Other Liabilities$25,465$25,465→ $0
Accounts Payable and Accrued Expenses$3,125$10,922▲ $7,797
Total Liabilities$124,604$36,387▼ $88,217
Net Assets / Fund Balance
Temporarily Rstr Net Assets$605,069$679,412▲ $74,343
Unrestricted Net Assets$358,617$51,404▼ $307,213
Total Net Assets Fund Balance$963,686$730,816▼ $232,870
Total Liabilities and Net Assets / Fund Balance$1,088,290$767,203▼ $321,087

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$645,053$48,387▲ $50,648$24,187$719,901
2016$560,993$22,870▲ $82,040$20,850$645,053
2015$537,299$26,701▲ $11,962$14,969$560,993
2014$486,495-▲ $50,804-$537,299
2013$402,828-▲ $83,667-$486,495
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Irving D BaileyChairman
Larry WalkerVice Chairma
Charlette H FairchildDirector
Jazmine a SmithDirector
Keisha WilkinsDirector
Wilbur KirklandAssistant Tr
Tiffany a WilsonSecretary
Carmen Martinez-skinnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$76,326
Program Service Revenue
$0
Investment Income
$163,661
Other Revenue
$0
All Other Contributions
$76,326
Change in Net Assets
$-164,292

Audited Revenue Reconciliation

Revenue per Audited Statements
$239,987
Revenue Not Reported on Form 990
$-68,578
Total Revenue per Audited Statements
$171,409
Total Revenue per Form 990
$239,987
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$274,286
Other Expenses$129,993
Total Fundraising Expense$8,297
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$274,286--$274,286
Occupancy-$7,120$7,121$14,241
All Other Expenses$4,237$8,441$1,022$13,700
Fees for Service Investment Mgmnt Fees$10,158$3,386-$13,544
Fees for Services Accounting$9,643$3,214-$12,857
Interest$1,514$1,514-$3,028
Other Expenses$1,841$2,111$154$2,265
Insurance-$1,424-$1,424
Travel$42$1,067-$1,109
Total Functional Expenses$347,689$48,293$8,297$404,279

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$404,279
Total Expenses per Audited Statements$404,279
Total Expenses per Form 990$404,279
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cheyney UniversityCheyney, PA115Scholarships$274,286
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
Royalties$25,365
Funds Held for Others$100
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The 990 is sent electronically to each board member for review and comment before submission.”

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

“At each board meeting all members are required to disclose any current or potential outside relationships with any person, business, or entity that may have the potential for an appearance of a conflict of interest and/or personal enrichment should it arise or be made public.”

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

“The board determines appropriate compensation for the president/ceo.”

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

“The board determines appropriate compensation for any officers or key employees of the organization.”

Form 990, Page 6, Part VI, Line 19

“All records are available upon written request by any public or private or governmental entity without a need to know basis”

Filing and Contact Details

Filer

Filer Name
The Cheyney Foundation
EIN
23-7148064
Phone
6103992419
Address
PO BOX 235, CHEYNEY, PA 19319

Signing Officer

Name
Irving D Bailey
Title
Chairman
Phone
6103992419
Signed
2018-08-17

Organization Details

Principal Officer
Irving D Bailey
Formed
1971
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Sullivan Strategic
Address
1000 HADDONFIELD-BERLIN RD STE 206, VOORHEES, NJ 08043-3520
Preparer
John P Sullivan Cpaabv Cva
Phone
8567820098
Raw XML AppendixShowing 400 of 408 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03125
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010922
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTE THE MISSION OF CHEYNEY UNIVERSITY BY PROVIDING FUNDS FOR PROJECTS AND EQUIPMENT TO AID STUDENT ACHIEVEMENT AND TO ASSIST WITH STUDENT ATTENDANCE AND CAREER FOCUS.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt076326
IRS990/AllOtherExpensesGrp/FundraisingAmt01022
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08441
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04237
IRS990/AllOtherExpensesGrp/TotalAmt013700
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PAOLINI & SCOUT LLC
IRS990/BooksInCareOfDetail/PhoneNum06096547530
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt020 TRADING POST WAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0MEDFORD LAKES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd008055
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0137679
IRS990/CashNonInterestBearingGrp/EOYAmt072433
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt076326
IRS990/CYGrantsAndSimilarPaidAmt0274286
IRS990/CYInvestmentIncomeAmt0163661
IRS990/CYOtherExpensesAmt0129993
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-164292
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0404279
IRS990/CYTotalFundraisingExpenseAmt08297
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0239987
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROMOTE THE MISSION OF CHEYNEY UNIVERSITY BY PROVIDING FUNDS FOR PROJECTS AND EQUIPMENT TO AID STUDENT ACHIEVEMENT AND TO ASSIST WITH STUDENT ATTENDANCE AND CAREER FOCUS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0347689
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03214
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09643
IRS990/FeesForServicesAccountingGrp/TotalAmt012857
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt03386
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt010158
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt013544
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0IRVING D BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm1LARRY WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm2CARMEN MARTINEZ-SKINNER
IRS990/Form990PartVIISectionAGrp/PersonNm3TIFFANY A WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm4WILBUR KIRKLAND
IRS990/Form990PartVIISectionAGrp/PersonNm5CHARLETTE H FAIRCHILD
IRS990/Form990PartVIISectionAGrp/PersonNm6KEISHA WILKINS
IRS990/Form990PartVIISectionAGrp/PersonNm7JAZMINE A SMITH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT TR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0274286
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0274286
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0274286
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0239987
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01424
IRS990/InsuranceGrp/TotalAmt01424
IRS990/InterestGrp/ManagementAndGeneralAmt01514
IRS990/InterestGrp/ProgramServicesAmt01514
IRS990/InterestGrp/TotalAmt03028
IRS990/InvestmentIncomeGrp/ExclusionAmt0163661
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0163661
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0947611
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0694770
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTE THE MISSION OF CHEYNEY UNIVERSITY BY PROVIDING FUNDS FOR PROJECTS AND EQUIPMENT TO AID STUDENT ACHIEVEMENT AND TO ASSIST WITH STUDENT ATTENDANCE AND CAREER FOCUS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt096014
IRS990/NetAssetsOrFundBalancesBOYAmt0963686
IRS990/NetAssetsOrFundBalancesEOYAmt0730816
IRS990/NetUnrlzdGainsLossesInvstAmt0-68578
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt07121
IRS990/OccupancyGrp/ManagementAndGeneralAmt07120
IRS990/OccupancyGrp/TotalAmt014241
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03000
IRS990/OtherExpensesGrp/Desc0SUBCONTRACTORS
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/Desc3MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/FundraisingAmt0154
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015323
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11841
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22852
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32111
IRS990/OtherExpensesGrp/ProgramServicesAmt045968
IRS990/OtherExpensesGrp/ProgramServicesAmt11841
IRS990/OtherExpensesGrp/TotalAmt061291
IRS990/OtherExpensesGrp/TotalAmt13682
IRS990/OtherExpensesGrp/TotalAmt22852
IRS990/OtherExpensesGrp/TotalAmt32265
IRS990/OtherLiabilitiesGrp/BOYAmt025465
IRS990/OtherLiabilitiesGrp/EOYAmt025465
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0IRVING D BAILEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt041273
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt025231
IRS990/PYInvestmentIncomeAmt081441
IRS990/PYOtherExpensesAmt0166605
IRS990/PYRevenuesLessExpensesAmt0-69122
IRS990/PYTotalExpensesAmt0191836
IRS990/PYTotalRevenueAmt0122714
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-164292
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 3,047
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt076326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt041273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0102391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt074260
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt063982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0358232
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0163661
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt081441
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt069895
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0155699
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0153397
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0624093
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03047
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03047
IRS990ScheduleA/PublicSupportCY170Pct00.29340
IRS990ScheduleA/PublicSupportPY170Pct00.35220
IRS990ScheduleA/PublicSupportTotal170Amt0289146
IRS990ScheduleA/SubstantialContributorsTotAmt069086
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt076326
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt041273
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0102391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt074260
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt063982
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0358232
IRS990ScheduleA/TotalSupportAmt0985372
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.05620
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0645053
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt048387
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0719901
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt050648
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt024187
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0560993
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt022870
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0645053
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt082040
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt020850
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0537299
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt026701
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0560993
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011962
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt014969
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0486495
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0537299
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt050804
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0402828
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0486495
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt083667
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0404279
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-68578
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025365
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ROYALTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FUNDS HELD FOR OTHERS
IRS990ScheduleD/RevenueNotReportedAmt0-68578
IRS990ScheduleD/RevenueSubtotalAmt0239987
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.94380
IRS990ScheduleD/TotalExpensesPerForm990Amt0404279
IRS990ScheduleD/TotalLiabilityAmt025465
IRS990ScheduleD/TotalRevenuePerForm990Amt0239987
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0171409
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0404279
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0274286
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CHEYNEY UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0232478688
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01837 UNIVERSITY CIRCLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHEYNEY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd019319
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE CHEYNEY FOUNDATION MONITORS THE USE OF THE GRANT FUNDS THROUGH ITS DONOR COMPLIANCE SERVICES DEPARTMENT. ON A MONTHLY BASIS, THE EXPENDITURES ARE REVIEWED AND INTERNAL TESTING OF TRANSACTIONS IS COMPLETED. THE DONOR COMPLIANCE SERVICES DEPARTMENT STRIVES TO MONITOR THE EXPENDITURES AND BALANCES OF THE VARIOUS ACCOUNTS, AS WELL AS DEVELOPS STRATEGIES TO ENSURE DONOR COMPLIANCE WITH THE DONOR GIFT AGREEMENTS IN PLACE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS SENT ELECTRONICALLY TO EACH BOARD MEMBER FOR REVIEW AND COMMENT BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT EACH BOARD MEETING ALL MEMBERS ARE REQUIRED TO DISCLOSE ANY CURRENT OR POTENTIAL OUTSIDE RELATIONSHIPS WITH ANY PERSON, BUSINESS, OR ENTITY THAT MAY HAVE THE POTENTIAL FOR AN APPEARANCE OF A CONFLICT OF INTEREST AND/OR PERSONAL ENRICHMENT SHOULD IT ARISE OR BE MADE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DETERMINES APPROPRIATE COMPENSATION FOR THE PRESIDENT/CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD DETERMINES APPROPRIATE COMPENSATION FOR ANY OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL RECORDS ARE AVAILABLE UPON WRITTEN REQUEST BY ANY PUBLIC OR PRIVATE OR GOVERNMENTAL ENTITY WITHOUT A NEED TO KNOW BASIS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0605069
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0679412
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01088290
IRS990/TotalAssetsEOYAmt0767203
IRS990/TotalAssetsGrp/BOYAmt01088290
IRS990/TotalAssetsGrp/EOYAmt0767203
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt076326
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08297
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048293
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0347689
IRS990/TotalFunctionalExpensesGrp/TotalAmt0404279
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0124604
IRS990/TotalLiabilitiesEOYAmt036387
IRS990/TotalLiabilitiesGrp/BOYAmt0124604
IRS990/TotalLiabilitiesGrp/EOYAmt036387
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0963686
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0730816
IRS990/TotalProgramServiceExpensesAmt0347689
IRS990/TotalRevenueGrp/ExclusionAmt0163661
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0239987
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01088290
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0767203
IRS990/TravelGrp/ManagementAndGeneralAmt01067
IRS990/TravelGrp/ProgramServicesAmt042
IRS990/TravelGrp/TotalAmt01109
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0358617
IRS990/UnrestrictedNetAssetsGrp/EOYAmt051404
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.CHEYNEYFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0IRVING D BAILEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06103992419
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CHEYNEY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CHEY
ReturnHeader/Filer/EIN0237148064
ReturnHeader/Filer/PhoneNum06103992419
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 235
ReturnHeader/Filer/USAddress/CityNm0CHEYNEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019319
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0395E5B16599147404742660047F83EF932AD5741
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B26F0F5A0FDFDB8CB9B5766BE8827DE235B26C53
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt018.236.108.211
ReturnHeader/FilingSecurityInformation/IPDt02018-09-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm020:41:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822821766
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SULLIVAN STRATEGIC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 HADDONFIELD-BERLIN RD STE 206
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VOORHEES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0080433520

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$767,203
Liabilities
$36,387
Net assets
$730,816
Revenue
$239,987
Expenses
$404,279
Net income
-$164,292
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.04$1.79$0.92$0.55$0.37
2024Detailed filing. Detailed filing data is available for this year.$1.49$0.04$1.46$0.44$0.35$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.04$1.31$0.68$0.32$0.35
2022Detailed filing. Detailed filing data is available for this year.$0.94$0.05$0.89$0.49$0.41$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.04$0.91$0.34$0.21$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.80$0.17$0.63$0.33$0.40$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.86$0.13$0.72$0.59$0.61$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.04$0.73$0.24$0.40$0.16
2017Detailed filing. Detailed filing data is available for this year.$1.09$0.12$0.96$0.12$0.19$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.11$0.13$0.98$0.18$0.22$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.22$0.13$1.09$0.23$0.39$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.38$0.03$1.36$0.22$0.54$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.03$1.61$0.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.04$1.76$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.06$2.09$0.37