Civic Intelligence

The Empty Stocking Fund Inc.

990 • Fiscal year 2019 • EIN 23-7159125

Apr 01, 2018 to Mar 31, 2019 • Filed on Jan 14, 2020

1700 Century Center Cir NEAtlanta, GA 30345

(404) 876-8697

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

72nd percentile

$109,711

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

68th percentile

11%

Faster asset growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

51st percentile

4.5%

Faster revenue growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,959,297

Up $189,459 (+11%) from 2018

Net Assets

Up

$1,956,769

Up $193,255 (+11%) from 2018

Liabilities

Down

$2,528

Down $3,796 (-60%) from 2018

Revenue

Up

$1,160,111

Up $50,140 (+4.5%) from 2018

Expenses

Down

$979,745

Down $17,306 (-1.7%) from 2018

Net Income

Up

$180,366

Up $67,446 (+60%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,527,732Liabilities 2011: $447Net Assets 2011: $1,527,2852011Assets 2012: $1,397,698Liabilities 2012: $2,018Net Assets 2012: $1,395,6802012Assets 2013: $1,465,288Liabilities 2013: $0Net Assets 2013: $1,465,2882013Assets 2014: $1,664,301Liabilities 2014: $0Net Assets 2014: $1,664,3012014Assets 2015: $1,711,461Liabilities 2015: $825Net Assets 2015: $1,710,6362015Assets 2016: $1,671,283Liabilities 2016: $6,519Net Assets 2016: $1,664,7642016Assets 2017: $1,683,748Liabilities 2017: $19,686Net Assets 2017: $1,664,0622017Assets 2018: $1,769,838Liabilities 2018: $6,324Net Assets 2018: $1,763,5142018Assets 2019: $1,959,297Liabilities 2019: $2,528Net Assets 2019: $1,956,7692019Assets 2020: $2,635,486Liabilities 2020: $2,301Net Assets 2020: $2,633,1852020Assets 2021: $3,552,769Liabilities 2021: $65,869Net Assets 2021: $3,486,9002021Assets 2022: $3,409,829Liabilities 2022: $102,408Net Assets 2022: $3,307,4212022Assets 2023: $3,670,519Liabilities 2023: $985,100Net Assets 2023: $2,685,4192023Assets 2024: $3,407,290Liabilities 2024: $785,700Net Assets 2024: $2,621,5902024Assets 2025: $3,552,020Liabilities 2025: $692,228Net Assets 2025: $2,859,7922025

Highlighted filing

2019

Assets$1,959,297
Liabilities$2,528
Net Assets$1,956,769

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,229,7142011Expenses 2012: $1,227,7952012Expenses 2013: $1,125,6012013Revenue 2014: $1,236,837Expenses 2014: $1,088,601Net Income 2014: $148,2362014Revenue 2015: $1,170,821Expenses 2015: $1,100,794Net Income 2015: $70,0272015Revenue 2016: $1,075,453Expenses 2016: $1,123,534Net Income 2016: -$48,0812016Revenue 2017: $1,119,910Expenses 2017: $1,124,541Net Income 2017: -$4,6312017Revenue 2018: $1,109,971Expenses 2018: $997,051Net Income 2018: $112,9202018Revenue 2019: $1,160,111Expenses 2019: $979,745Net Income 2019: $180,3662019Revenue 2020: $2,427,335Expenses 2020: $1,550,157Net Income 2020: $877,1782020Revenue 2021: $2,525,453Expenses 2021: $2,088,680Net Income 2021: $436,7732021Revenue 2022: $2,169,289Expenses 2022: $2,400,287Net Income 2022: -$230,9982022Revenue 2023: $2,201,714Expenses 2023: $2,733,146Net Income 2023: -$531,4322023Revenue 2024: $2,151,728Expenses 2024: $2,463,306Net Income 2024: -$311,5782024Revenue 2025: $3,021,913Expenses 2025: $2,739,975Net Income 2025: $281,9382025

Highlighted filing

2019

Revenue$1,160,111
Expenses$979,745
Net Income$180,366
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
Jan 14, 2020
Return Version
2018v3.1
Gross Receipts
$1,781,403
Mission and Program Overview

Mission

The empty stocking fund empowers metro atlanta parents and guardians of children living in poverty by providing them with an opportunity to give their children gifts at christmas time

The empty stocking fund empowers metro atlanta parents and guardians of children living in poverty by providing them with an opportunity to give their children gifts at christmas time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,296,765$1,429,670▲ $132,905
Inventories for Sale or Use$209,025$248,950▲ $39,925
Cash and Non-Interest-Bearing Accounts$103,038$153,658▲ $50,620
Savings and Temporary Cash Investments$155,407$117,528▼ $37,879
Land, Buildings, and Equipment, Net$3,603$4,511▲ $908
Prepaid Expenses and Deferred Charges-$2,979-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$1,769,838$1,959,297▲ $189,459
Other Assets Total$2,000$2,001▲ $1
Liabilities
Accounts Payable and Accrued Expenses$6,324$2,528▼ $3,796
Total Liabilities$6,324$2,528▼ $3,796
Net Assets / Fund Balance
Unrestricted Net Assets$1,763,514$1,956,769▲ $193,255
Total Net Assets Fund Balance$1,763,514$1,956,769▲ $193,255
Total Liabilities and Net Assets / Fund Balance$1,769,838$1,959,297▲ $189,459

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,112$5,500$9,612
Other Land Buildings$399$4,029$4,428
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Manda HuntExecutive DirectorFT$109,711$109,711

Board Members and Trustees

NameTitle
Bill VogelChairman
Sandeep KharidhiVice Chairman
Barry BonifaceDirector
Ben BarkleyDirector
Beth PaschettoDirector
Bill FalconerDirector
Daryl DeanDirector
David BellDirector
Doug BrownDirector
James StevensDirector
Justin ElanjianDirector
Karin BursaDirector
Kevin RileyDirector
Michael HollingsworthDirector
Nate CunninghamDirector
Rachel SprecherDirector
Sarah BlackmonDirector
Tony TrentiniDirector
Wade LathamDirector
Will WilliamsDirector
Jennifer CowartSecretary
Steve StoneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,050,511
Program Service Revenue
$0
Investment Income
$109,600
Other Revenue
$0
All Other Contributions
$1,050,511
Change in Net Assets
$180,366

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,160,111
Revenue Not Reported on Form 990
$60,826
Total Revenue per Audited Statements
$1,220,937
Total Revenue per Form 990
$1,160,111
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$730,431
Salaries, Compensation, and Employee Benefits$249,314
Total Fundraising Expense$141,898
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$75,208$8,980$28,063$112,251
All Other Expenses$32,194$5,049$70,271$107,514
Other Salaries and Wages$83,146-$2,620$85,766
Other Expenses$25,693$2,743$12,353$25,693
Pension Plan Contributions$15,723$884$4,188$20,795
Advertising--$17,009$17,009
Other Employee Benefits$11,345$1,340$2,762$15,447
Payroll Taxes$12,039$683$2,333$15,055
Fees for Services Management-$14,479-$14,479
Office Expenses$282$1,713$476$2,471
Travel--$1,823$1,823
Depreciation Depletion-$1,666-$1,666
Total Functional Expenses$800,310$37,537$141,898$979,745

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,027,682
Expenses per Audited Statements$979,745
Total Expenses per Form 990$979,745
Expenses Not Reported on Form 990$47,937
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Doug Brownbrown Bag MktBoard MemberMarketing SupportNo$28,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The executive director will provide the board of directors with a copy of form 990 for their review prior to filing the returns.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each year board members are given a survey to complete and sign relative to conflict of interest with the organization.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation is reveiwed by a committee and compared to a survey of other regional nonprofit organizations.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents and conflict of interest policy are availiable upon request. Privacy policy, form 990, and the audited financial statements are availiable on the company website.

Filing and Contact Details

Filer

Filer Name
Empty Stocking Fund Inc
EIN
23-7159125
Phone
4048768697
Address
1700 CENTURY CENTER CIR NE, ATLANTA, GA 30345

Signing Officer

Name
Manda Hunt
Title
Executive Director
Signed
2020-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Manda Hunt
Formed
1927
Legal Domicile
Ga
Voting Board Members
22
Independent Board Members
22
Employees
3
Volunteers
1,000

Preparer

Firm
David B Floyd CPA PC
Address
6100 Lake Forrest Drive Ste 430, Atlanta, GA 30328
Preparer
David B Floyd CPA
Phone
7706506824
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BANK & PAYROLL FEES: Column (A) - Total = $19757; Column (B) - Program Services = $1218; Column (C) - Management & General = $1952; Column (D) - Fundraising = $16587

Form 990, Part IX, Line 24E: Other Expenses

BOARD DEVELOPMENT: Column (A) - Total = $9968; Column (B) - Program Services = $6502; Column (C) - Management & General = $1040; Column (D) - Fundraising = $2426

Form 990, Part IX, Line 24E: Other Expenses

DIRECT MAIL EXPENSES: Column (A) - Total = $20449; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $20449

Form 990, Part IX, Line 24E: Other Expenses

DUES AND SUBSCRIPTIONS: Column (A) - Total = $11027; Column (B) - Program Services = $367; Column (C) - Management & General = $318; Column (D) - Fundraising = $10342

Form 990, Part IX, Line 24E: Other Expenses

JROTC DRIVE EXP: Column (A) - Total = $17137; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $17137

Form 990, Part IX, Line 24E: Other Expenses

MISCELLANEOUS: Column (A) - Total = $2102; Column (B) - Program Services = $0; Column (C) - Management & General = $441; Column (D) - Fundraising = $1661

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $1166; Column (B) - Program Services = $103; Column (C) - Management & General = $836; Column (D) - Fundraising = $227

Form 990, Part IX, Line 24E: Other Expenses

SANTA VILLAGE LABOR: Column (A) - Total = $19925; Column (B) - Program Services = $19925; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE & INTERNET: Column (A) - Total = $5983; Column (B) - Program Services = $4079; Column (C) - Management & General = $462; Column (D) - Fundraising = $1442

Financial Statement Notes

Part X : FIN48 Footnote

The Fund follows FASB Accounting Standards Codification, which provides guidance on accounting for uncertainty in income taxes recognized in an organization

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt17Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Executive Dir.
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
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IRS990/FundraisingActivitiesInd0false
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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MinutesOfGoverningBodyInd0true
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IRS990/OtherExpensesGrp/Desc0TOY PURCHASES
IRS990/OtherExpensesGrp/Desc1SANTA VILLAGE EXPENSES
IRS990/OtherExpensesGrp/Desc2OTHER OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc3RECEPIENT MAILING
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02743
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IRS990/OtherExpensesGrp/ProgramServicesAmt142426
IRS990/OtherExpensesGrp/ProgramServicesAmt224935
IRS990/OtherExpensesGrp/ProgramServicesAmt325693
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IRS990/OtherExpensesGrp/TotalAmt142426
IRS990/OtherExpensesGrp/TotalAmt240031
IRS990/OtherExpensesGrp/TotalAmt325693
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt083146
IRS990/OtherSalariesAndWagesGrp/TotalAmt085766
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PartialLiquidationInd0false
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0683
IRS990/PayrollTaxesGrp/ProgramServicesAmt012039
IRS990/PayrollTaxesGrp/TotalAmt015055
IRS990/PensionPlanContributionsGrp/FundraisingAmt04188

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.55$0.69$2.86$3.02$2.74$0.28
2024Detailed filing. Detailed filing data is available for this year.$3.41$0.79$2.62$2.15$2.46$0.31
2023Detailed filing. Detailed filing data is available for this year.$3.67$0.99$2.69$2.20$2.73$0.53
2022Detailed filing. Detailed filing data is available for this year.$3.41$0.10$3.31$2.17$2.40$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$0.07$3.49$2.53$2.09$0.44
2020Detailed filing. Detailed filing data is available for this year.$2.64$0.00$2.63$2.43$1.55$0.88
2019Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$1.16$0.98$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.77$0.01$1.76$1.11$1.00$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.68$0.02$1.66$1.12$1.12$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.01$1.66$1.08$1.12$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$1.17$1.10$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$1.24$1.09$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$1.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.00$1.40$1.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.00$1.53$1.23