Civic Intelligence

Hanot Foundation Inc.

990 • Fiscal year 2015 • EIN 23-7404674

Jul 01, 2014 to Jun 30, 2015 • Filed on May 09, 2016

PO Box 950Lockeford, CA 95237

(209) 334-6454

Siviq Scores

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

Liabilities / Assets

48th percentile

0.09x

Higher debt load relative to assets than 48% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

37th percentile

0.06x

Higher debt load relative to revenue than 37% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

55th percentile

4.5%

Higher net margin than 55% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

58th percentile

$78,752

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

69th percentile

7.5%

Faster asset growth than 69% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

59th percentile

7.3%

Faster revenue growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$836,919

Up $58,335 (+7.5%) from 2014

Net Assets

Up

$761,679

Up $59,922 (+8.5%) from 2014

Liabilities

Down

$75,240

Down $1,587 (-2.1%) from 2014

Revenue

Up

$1,345,086

Up $91,607 (+7.3%) from 2014

Expenses

Up

$1,285,164

Up $70,444 (+5.8%) from 2014

Net Income

Up

$59,922

Up $21,163 (+55%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $706,422Liabilities 2012: $53,424Net Assets 2012: $652,9982012Assets 2014: $778,584Liabilities 2014: $76,827Net Assets 2014: $701,7572014Assets 2015: $836,919Liabilities 2015: $75,240Net Assets 2015: $761,6792015Assets 2016: $831,413Liabilities 2016: $53,195Net Assets 2016: $778,2182016Assets 2017: $975,919Liabilities 2017: $49,039Net Assets 2017: $926,8802017Assets 2018: $972,827Liabilities 2018: $62,846Net Assets 2018: $909,9812018Assets 2019: $855,333Liabilities 2019: $59,888Net Assets 2019: $795,4452019Assets 2020: $985,383Liabilities 2020: $264,772Net Assets 2020: $720,6112020Assets 2021: $1,015,937Liabilities 2021: $97,575Net Assets 2021: $918,3622021Assets 2022: $939,652Liabilities 2022: $85,651Net Assets 2022: $854,0012022Assets 2023: $737,787Liabilities 2023: $80,611Net Assets 2023: $657,1762023Assets 2024: $708,264Liabilities 2024: $92,724Net Assets 2024: $615,5402024

Highlighted filing

2015

Assets$836,919
Liabilities$75,240
Net Assets$761,679

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2012: $1,098,7342012Revenue 2014: $1,253,479Expenses 2014: $1,214,720Net Income 2014: $38,7592014Revenue 2015: $1,345,086Expenses 2015: $1,285,164Net Income 2015: $59,9222015Revenue 2016: $1,309,780Expenses 2016: $1,293,241Net Income 2016: $16,5392016Revenue 2017: $1,661,969Expenses 2017: $1,520,878Net Income 2017: $141,0912017Revenue 2018: $1,384,389Expenses 2018: $1,401,288Net Income 2018: -$16,8992018Revenue 2019: $1,403,845Expenses 2019: $1,518,381Net Income 2019: -$114,5362019Revenue 2020: $1,479,535Expenses 2020: $1,554,369Net Income 2020: -$74,8342020Revenue 2021: $1,654,379Expenses 2021: $1,456,207Net Income 2021: $198,1722021Revenue 2022: $1,599,679Expenses 2022: $1,677,901Net Income 2022: -$78,2222022Revenue 2023: $1,747,565Expenses 2023: $1,906,320Net Income 2023: -$158,7552023Revenue 2024: $1,750,329Expenses 2024: $1,804,764Net Income 2024: -$54,4352024

Highlighted filing

2015

Revenue$1,345,086
Expenses$1,285,164
Net Income$59,922
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 9, 2016
Return Version
2014v6.0
Gross Receipts
$1,371,451
Mission and Program Overview

Mission

Provide care for disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$647,701$690,704▲ $43,003
Cash and Non-Interest-Bearing Accounts$47,285$73,543▲ $26,258
Accounts Receivable$55,537$58,333▲ $2,796
Savings and Temporary Cash Investments-$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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$778,584$836,919▲ $58,335
Other Assets Total$28,061$14,339▼ $13,722
Liabilities
Accounts Payable and Accrued Expenses$48,766$60,901▲ $12,135
Other Liabilities$28,061$14,339▼ $13,722
Total Liabilities$76,827$75,240▼ $1,587
Net Assets / Fund Balance
Unrestricted Net Assets$701,757$761,679▲ $59,922
Total Net Assets Fund Balance$701,757$761,679▲ $59,922
Total Liabilities and Net Assets / Fund Balance$778,584$836,919▲ $58,335

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$628,806$939,226$1,568,032
Other Land Buildings$39,681$190,626$230,307
Equipment$13,717$200,677$214,394
Land$8,500-$8,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura ReevesExecutive DirecFT$76,405$2,347$78,752

Board Members and Trustees

NameTitle
Carl EckPresident
Philip FondaleVice President
Eric LefflerBoard Member
Frank CanepaBoard Member
Joseph BertaoBoard Member
Margaret MeyersBoard Member
Maryanne WarmerdamBoard Member
Nell LipBoard Member
Pamela CurtinBoard Member
Richard LowBoard Member
Sarah TaylorBoard Member
Jim Aartman JrBoard Memeber
Nancy WilcoxSecretary
Scott HudsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$151,029
Program Service Revenue
$1,152,141
Investment Income
$0
Other Revenue
$41,916
All Other Contributions
$38,029
Change in Net Assets
$59,922

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,371,451
Revenue Not Reported on Financial Statements
$-26,365
Other Revenue Adjustments
$-26,365
Total Revenue per Audited Statements
$1,371,451
Total Revenue per Form 990
$1,345,086
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$817,903
Other Expenses$467,261
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$509,528$90,681-$600,209
Depreciation Depletion$78,731$4,144-$82,875
Current Officers, Directors, Trustees, and Key Employees$66,854$11,898-$78,752
Other Employee Benefits$60,970$12,964-$73,934
Insurance$58,053$11,576-$69,629
Payroll Taxes$55,785$9,223-$65,008
Travel$46,527--$46,527
Fees for Services Other$36,686$6,661-$43,347
All Other Expenses$32,062$10,650-$42,712
Fees for Services Accounting$6,740$6,740-$13,480
Other Expenses$12,794$645-$13,439
Fees for Services Legal$11,043--$11,043
Office Expenses-$5,680-$5,680
Advertising$219$1,208-$1,427
Total Functional Expenses$1,110,093$175,071$0$1,285,164

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,311,529
Expenses per Audited Statements$1,285,164
Total Expenses per Form 990$1,285,164
Expenses Not Reported on Form 990$26,365
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$68,281
Fundraising Direct Expenses$26,365
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$68,281$68,281$26,365$41,916
Total Events$68,281$68,281$26,365$41,916
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Tenant Trusts/sec. Deposits$13,050
Camp Deposit Trust Liability$1,289
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
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 and board treasurer review the 990 before filing.

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

Program supervisor meets with staff on a monthly basis to go through guidelines of policies.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board of directors set a comparable salary based on other nonprofit organizations.

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

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Hanot Foundation Inc
EIN
23-7404674
Phone
2093346454
Address
PO BOX 950, LOCKEFORD, CA 95237

Signing Officer

Name
Laura Reeves
Title
Executive Director
Signed
2016-05-09
Discuss with paid preparer
Yes

Organization Details

Formed
1974
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
14
Employees
44
Volunteers
14

Preparer

Firm
Propp Christensen Caniglia Llp
Address
9261 Sierra College Boulevard, Roseville, CA 95661-5919
Preparer
K Jeffrey De Lyser CPA
Phone
9167512900
Supplemental Narrative

Financial Statement Notes

Part XII, Line 2D: Other expenses and losses per audited F/S

Direct fundraising expenses $26365

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IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
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