Civic Intelligence

Injured Marine Semper Fi Fund

990 • Fiscal year 2014 • EIN 26-0086305

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 08, 2014

PO Box 55519392055

(760) 725-3680

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.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

5th percentile

0.01x

Higher debt load relative to revenue than 5% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

46th percentile

2.4%

Higher net margin than 46% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

13th percentile

$112,612

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

56th percentile

5.7%

Faster asset growth than 56% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

Up

$12,986,800

Up $698,493 (+5.7%) from 2013

Net Assets

Up

$12,789,160

Up $736,411 (+6.1%) from 2013

Liabilities

Down

$197,640

Down $37,918 (-16%) from 2013

Revenue

$21,240,494

No earlier filing loaded for comparison.

Expenses

Up

$20,728,753

Up $1,783,406 (+9.4%) from 2013

Net Income

$511,741

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.

$60M$40M$20M$0Assets 2013: $12,288,307Liabilities 2013: $235,558Net Assets 2013: $12,052,7492013Assets 2014: $12,986,800Liabilities 2014: $197,640Net Assets 2014: $12,789,1602014Assets 2015: $16,664,361Liabilities 2015: $815,114Net Assets 2015: $15,849,2472015Assets 2016: $18,746,495Liabilities 2016: $652,118Net Assets 2016: $18,094,3772016Assets 2017: $23,364,769Liabilities 2017: $863,455Net Assets 2017: $22,501,3142017Assets 2018: $29,798,941Liabilities 2018: $977,086Net Assets 2018: $28,821,8552018Assets 2019: $33,130,469Liabilities 2019: $1,169,875Net Assets 2019: $31,960,5942019Assets 2021: $43,205,884Liabilities 2021: $1,732,854Net Assets 2021: $41,473,0302021Assets 2022: $37,365,164Liabilities 2022: $1,901,844Net Assets 2022: $35,463,3202022Assets 2023: $38,032,453Liabilities 2023: $1,298,791Net Assets 2023: $36,733,6622023Assets 2024: $41,550,729Liabilities 2024: $1,988,600Net Assets 2024: $39,562,1292024Assets 2025: $44,537,704Liabilities 2025: $2,607,164Net Assets 2025: $41,930,5402025

Highlighted filing

2014

Assets$12,986,800
Liabilities$197,640
Net Assets$12,789,160

Operations Trend

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

$60M$40M$20M$0Expenses 2013: $18,945,3472013Revenue 2014: $21,240,494Expenses 2014: $20,728,753Net Income 2014: $511,7412014Revenue 2015: $29,748,139Expenses 2015: $25,587,264Net Income 2015: $4,160,8752015Revenue 2016: $30,618,678Expenses 2016: $28,271,821Net Income 2016: $2,346,8572016Revenue 2017: $36,227,797Expenses 2017: $32,048,763Net Income 2017: $4,179,0342017Revenue 2018: $40,405,463Expenses 2018: $34,313,614Net Income 2018: $6,091,8492018Revenue 2019: $39,057,618Expenses 2019: $36,493,749Net Income 2019: $2,563,8692019Revenue 2021: $48,350,789Expenses 2021: $41,796,122Net Income 2021: $6,554,6672021Revenue 2022: $52,627,529Expenses 2022: $50,835,334Net Income 2022: $1,792,1952022Revenue 2023: $49,881,908Expenses 2023: $49,614,124Net Income 2023: $267,7842023Revenue 2024: $58,617,719Expenses 2024: $57,094,245Net Income 2024: $1,523,4742024Revenue 2025: $56,599,765Expenses 2025: $55,812,821Net Income 2025: $786,9442025

Highlighted filing

2014

Revenue$21,240,494
Expenses$20,728,753
Net Income$511,741
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 8, 2014
Return Version
2013v3.1
Gross Receipts
$25,898,755
Mission and Program Overview

Mission

The Semper Fi Fund provides immediate and long-term support for post-9/11 injured and critically ill members of the U.S. Armed Forces and their families. We do this through a variety of programs that have helped more than 12,000 service members.

The Semper Fi Fund provides immediate and long-term support for post-9/11 injured and critically ill members of the U.S. Armed Forces and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,721,511$10,752,164▲ $1,030,653
Cash and Non-Interest-Bearing Accounts$913,834$1,186,836▲ $273,002
Savings and Temporary Cash Investments$1,077,944$670,234▼ $407,710
Prepaid Expenses and Deferred Charges$325,820$287,050▼ $38,770
Land, Buildings, and Equipment, Net$212,300$55,850▼ $156,450
Accounts Receivable$36,898$34,666▼ $2,232
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-
Inventories for Sale or Use-$0-
Total Assets$12,288,307$12,986,800▲ $698,493
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$235,558$197,640▼ $37,918
Total Liabilities$235,558$197,640▼ $37,918
Net Assets / Fund Balance
Unrestricted Net Assets$8,663,035$9,974,229▲ $1,311,194
Temporarily Rstr Net Assets$3,389,714$2,614,931▼ $774,783
Permanently Rstr Net Assets-$200,000-
Total Net Assets Fund Balance$12,052,749$12,789,160▲ $736,411
Total Liabilities and Net Assets / Fund Balance$12,288,307$12,986,800▲ $698,493

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,878$89,900$124,778
Other Land Buildings$20,972$40,856$61,828

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013-$200,000▲ $369-$200,369
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen GuentherPresident & CEOFT$112,612$112,612
Wendy LethinSecretaryFT$78,315$78,315
Revenue and Support

Revenue Composition

Contributions and Grants
$20,253,628
Program Service Revenue
$0
Investment Income
$986,866
Other Revenue
$0
All Other Contributions
$19,805,375
Change in Net Assets
$511,741

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded52$290,818Fair Market Value (FMV) Donation
Other Non Cash Contri Table2$18,050Invoice Amount
Other Non Cash Contri Table8$4,130Card Amount
Total Noncash Contributions62$312,998-

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,122,087
Revenue Not Reported on Financial Statements
$118,407
Revenue Not Reported on Form 990
$415,135
Total Revenue per Audited Statements
$21,537,222
Total Revenue per Form 990
$21,240,494
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$15,642,159
Salaries, Compensation, and Employee Benefits$3,064,969
Other Expenses$2,021,625
Total Fundraising Expense$551,494
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$15,642,159--$15,642,159
Other Salaries and Wages$2,032,648$414,887$170,431$2,617,966
Advertising$374,276$11,131$191,136$576,543
Travel$294,444$14,627$10,935$320,006
Payroll Taxes$181,264$38,290$16,477$236,031
Current Officers, Directors, Trustees, and Key Employees$140,487$35,708$25,050$201,245
Depreciation Depletion$168,366$4,973$3,141$176,480
Fees for Services Other-$81,060$88,057$169,117
Other Expenses$100,741$18,844$4,347$123,932
Information Technology$66,569$7,740$8,256$82,565
Fees for Services Accounting-$51,715-$51,715
Insurance$19,572$4,198$1,760$25,530
Conferences and Meetings$16,058$5,910$472$22,440
Occupancy$16,747$757$833$18,337
Other Employee Benefits$119$9,015$593$9,727
Total Functional Expenses$199,103$1,825$91,860$292,788

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$20,800,811
Total Expenses per Form 990$20,728,753
Expenses per Audited Statements$20,710,753
Expenses Not Reported on Form 990$90,058
Expenses Not Reported on Financial Statements$18,000
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
Majgen Tom Jones UsmcrFormer BD MEContract for ServiceNo$201,400

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
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
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

During the first half of the fiscal year, the SFF utilized the services of a CPA firm to perform quarterly compilations of their financial statements and assist them with other financial reporting and accounting issues. All work done by the CPA firm was directed and reviewed by management on an ongoing basis. Delegation of these duties to a management company ended in December 2013 and these duties are now performed by SFF employees. A separate, unrelated independent accounting firm was engaged to audit SFFs financial statements at fiscal year end.

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

The Form 990 is initially reviewed by the Audit Committee of the Board of Directors and senior management. After changes, if any, are made, the Form 990 is then provided to the Board of Directors for review prior to being filed. The Form 990 is filed once it is approved by the entire Board.

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

The SFF requires an annual statement from each Board Member disclosing all conflicts of interest. Periodic reviews of these annual statements are made by various members of the Board.

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

The Executive Director's compensation, as well as all employee compensation, is reviewed and approved by the Compensation Committee. The Compensation Committee is made up of independent members of the Board. The Committee discusses comparable compensation in other organizations and keeps confidential records of the Committees deliberations.

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

The SFF's governing documents, conflict of interest policy and financial statements are available upon request. The audited financial statements, Form 990 and privacy policy are also available on the SFF's website.

Filing and Contact Details

Filer

EIN
26-0086305
Phone
7607253680

Signing Officer

Name
Karen Guenther
Title
President & CEO
Signed
2014-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Guenther
Formed
2004
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
12
Employees
64
Volunteers
150

Preparer

Preparer
Charles Z Fedak CPA
Phone
7145271818
Supplemental Narrative

Additional Explanations

Family Support

In fiscal year 2014, the SFF provided family support grants to approximately 2,800 recipients.The SFF helps hospitalized service members by making sure their family members can be by the bedside to help facilitate recovery. This means covering expenses such as the loss of income for family members, childcare expenses, travel costs and any other needs that are identified. Many families use these loss-of-income grants to help pay mortgages, meet car payments and pay utilities and grocery bills. By reducing the burden of financial worry for our service members and their families, we allow them to place their energy and focus where its most needed: on the recovery process.Family support grants also cover times when a service member is back home but suffers a recovery setback that means a return to the hospital. This often occurs due to severe and multiple injuries and can cause short-term financial difficulties due to travel costs, lost income if a spouse or family member needs to be bedside with the service member, childcare costs while the spouse is away, boarding costs for the service members service dog and many other costs that can quickly become significant. By assisting with such costs, the SFF allows the service member to stay on track with the transition out of the military and back into civilian life and the community.The SFF also provides family support when a service member or his or her spouse or child is struggling with a critical, life-threatening illness. The members of our military support all of us every day and the SFF believes we need to be there for them and their familiesnot just during times of war, but also in their times of need once their military service is complete.

FORM 990, PART XII, LINE 2B:

The SFF has an Audit Committee, made up of independent Directors, that selects the independent auditor and assumes responsibility for the oversight of the audit.

Organization'S Mission

The mission of the Injured Marine Semper Fi Fund (SFF): We serve those who preserve our freedom.What we do: We provide immediate and long-term financial, emotional and spiritual support for post-9/11 injured and critically ill members of the U.S. Armed Forces and their families. Since our inception in 2004, the SFF has provided more than 75,000 grants totaling more than $93 million to 12,000 of our wounded and critically ill service members. We work to ensure that our service members and their families are never forgotten or left alone in their recovery, and we provide resources to help them transition back to civilian life in their homes and communities.Why we do it: To remain faithful to those who were injured while serving our nation and to those active-duty service members (including their spouses or children) who are facing a critical illness.How we do it: Grants and programs are awarded on a case-by-case basis and are based on need.We fulfill our mission with three main programs: (1) Transitional and long-term support, (2) Family Support, and (3) Sports and competition.

Sports and competition

In fiscal year 2014, the SFF provided sports and competition grants to approximately 400 recipients.Through Team Semper Fi and Team Americas Fund, the SFF provides encouragement, motivation and the establishing and achievement of individual goals through a wide range of recreational sports and competitive events. These programs provide an exciting outlet and powerful peer support for our wounded service members and their families.We provide coaches, specialized sporting equipment, team uniforms, entry fees and travel expenses for the injured team members to compete in events across the country and around the world. Team members are also given the opportunity to receive high-level training from former and current Olympic and Paralympic athletes through a partnership with U.S. Paralympics.Sports and competition programs also give service members a ready-made peer group with a similar background (military service), similar life circumstances (injury or critical illness) and similar interests (athletics). As service members recover from both physical and mental traumas, peer support and relationships are critical to making healthy progress.

Transitional and long-term support

In fiscal year 2014, the SFF provided transitional and long-term assistance grants to approximately 2,600 recipients.Transitional support covers many areas that support service members and their spouses, children and caregivers. We provide funds for education and career transition, mentoring (through the Veterans 2 Veterans program), mentoring for children (Semper Fi Fund Kids Camp that pairs high school juniors and seniors with the children of injured service members) and other similar programs. We also provide financial assistance during the transition from military to civilian life to cover unexpected costs such as home and car repairs.Long-term support includes a variety of programs and services to address the long-term and sometimes lifelong effects of the service members injuries. For service members with severe injuries such as lost limbs and paralysis, there are a wide range of needs that are required to be able to live with such disabilities. The SFF provides support for specially modified vehicles, specially adapted homes (with features such as roll-in showers, ADA-compliant appliances and voice-activated controls for lights and doors) and specialized and adaptive equipment (such as visual enhancement devices for the visually impaired, software programs for those who cannot type, specialized wheelchairs for those who are unable to ambulate and therapeutic mattresses for those with multiple injuries and burns).The SFF also provides service and therapy dogs, paying for the initial acquisition and training and also paying for ongoing and often significant costs such as veterinarian bills and travel costs to allow the dog to travel with the service member.Many returning service members suffer from post-traumatic stress disorder (PTSD) and traumatic brain injury (TBI), a consequence of exposure to blasts and explosions during deployment. TBI is now so common that it has been labeled a hallmark of the conflicts in Iraq and Afghanistan. We recognized the need for specialized assistance for these service members and implemented PTSD and TBI support such as medical equipment (to alleviate some of the symptoms of their injuries), computer tablets (to allow them to more easily keep track of family and medical appointments) and counseling (to aid them in dealing with these invisible injuries).

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Organizational Support

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IRS990/Form990PartVIISectionAGrp/PersonNm0KAREN GUENTHER
IRS990/Form990PartVIISectionAGrp/PersonNm1GEN ALFRED GRAYUSMC
IRS990/Form990PartVIISectionAGrp/PersonNm2ANNETTE CONWAY
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT BOWLINCPARET
IRS990/Form990PartVIISectionAGrp/PersonNm4WENDY LETHIN
IRS990/Form990PartVIISectionAGrp/PersonNm5BONNIE AMOS
IRS990/Form990PartVIISectionAGrp/PersonNm6KIM FOLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7SGTMJ CARLTON KENTUSMC
IRS990/Form990PartVIISectionAGrp/PersonNm8COL MICHAEL LOWEUSMC
IRS990/Form990PartVIISectionAGrp/PersonNm9MAJGEN MIKE MYATTUSMC
IRS990/Form990PartVIISectionAGrp/PersonNm10DR JAMES WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm11LtGen John SattlerUSMC
IRS990/Form990PartVIISectionAGrp/PersonNm12Capt Robert Koffman MD USN
IRS990/Form990PartVIISectionAGrp/PersonNm13COL James D Weiskopf USARET
IRS990/Form990PartVIISectionAGrp/PersonNm14Tom Benoit
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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IRS990/MissionDesc0The Semper Fi Fund provides immediate and long-term support for post-9/11 injured and critically ill members of the U.S. Armed Forces and their families. We do this through a variety of programs that have helped more than 12,000 service members.
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IRS990/PrincipalOfficerNm0KAREN GUENTHER
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IRS990/ProgSrvcAccomActy2Grp/Desc0Family Support - Family support programs are designed to help service members by making sure family members can be by the bedside to help facilitate recovery, helping with a wide range of assistance when the service member returns home and providing assistance when a service member suffers a recovery setback that means a return to the hospital. See Schedule O for further information.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Sports and Competition - Sports and competition support programs are designed to provide encouragement and motivation through recreational sports and competitive events. They give service members critical relationships that contribute to healthy recovery. See Schedule O for further information.
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