Civic Intelligence

Southwestern Foundation Inc

990EZ • Fiscal year 2018 • EIN 26-1503592

Jul 01, 2017 to Jun 30, 2018 • Filed on May 07, 2019

415 Mulberry StreetEvansville, IN 47713-1230

(812) 436-4231

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

66th percentile

13%

Faster asset growth than 66% of similar nonprofits.

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

Revenue Growth

10th percentile

-48%

Faster revenue growth than 10% of similar nonprofits.

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

Assets

Up

$114,976

Up $13,307 (+13%) from 2017

Net Assets

Up

$113,196

Up $6,308 (+5.9%) from 2017

Liabilities

Up

$1,780

Up $1,776 (+44400%) from 2017

Revenue

Down

$36,335

Down $33,714 (-48%) from 2017

Expenses

Up

$24,804

Up $23,093 (+1350%) from 2017

Net Income

Down

$11,531

Down $56,807 (-83%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $19,550Liabilities 2013: $0Net Assets 2013: $19,5502013Assets 2014: $23,020Liabilities 2014: $334Net Assets 2014: $22,6862014Assets 2016: $38,723Liabilities 2016: $173Net Assets 2016: $38,5502016Assets 2017: $101,669Liabilities 2017: $4Net Assets 2017: $106,8882017Assets 2018: $114,976Liabilities 2018: $1,780Net Assets 2018: $113,1962018Assets 2019: $94,974Liabilities 2019: $1,398Net Assets 2019: $93,5762019Assets 2020: $75,432Liabilities 2020: $1Net Assets 2020: $75,4312020Assets 2021: $87,644Liabilities 2021: $3,008Net Assets 2021: $84,6352021Assets 2022: $126,634Liabilities 2022: $524Net Assets 2022: $126,1102022Assets 2023: $192,592Liabilities 2023: $1,782Net Assets 2023: $190,8102023Assets 2024: $287,760Liabilities 2024: $6,389Net Assets 2024: $281,3712024

Highlighted filing

2018

Assets$114,976
Liabilities$1,780
Net Assets$113,196

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2013: $16,341Expenses 2013: $11,516Net Income 2013: $4,8252013Revenue 2014: $19,162Expenses 2014: $16,026Net Income 2014: $3,1362014Revenue 2016: $27,464Expenses 2016: $13,359Net Income 2016: $14,1052016Revenue 2017: $70,049Expenses 2017: $1,711Net Income 2017: $68,3382017Revenue 2018: $36,335Expenses 2018: $24,804Net Income 2018: $11,5312018Revenue 2019: $2,047Expenses 2019: $21,667Net Income 2019: -$19,6202019Revenue 2020: $1,728Expenses 2020: $19,873Net Income 2020: -$18,1452020Revenue 2021: $10,489Expenses 2021: $1,285Net Income 2021: $9,2042021Revenue 2022: $51,810Expenses 2022: $10,336Net Income 2022: $41,4742022Revenue 2023: $83,616Expenses 2023: $18,916Net Income 2023: $64,7002023Revenue 2024: $108,089Expenses 2024: $17,528Net Income 2024: $90,5612024

Highlighted filing

2018

Revenue$36,335
Expenses$24,804
Net Income$11,531
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 7, 2019
Return Version
2017v2.2
Gross Receipts
$45,469
Mission and Program Overview

Mission

To support southwestern healthcare, inc. And its affiliated corporations through fundraising and grant writing opportunities.

To support the missions of southwestern behavioral healthcare, inc. And hillcrest washington youth home, inc. (supported organizations) through fundraising, grant writing and awareness activities.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION'S ANNUAL FUNDRAISING EVENT "BRIM & RIM" IS A BENEFIT LUNCHEON WHICH INCLUDES A CHARITY AUCTION AND SPEAKER. THE FUNDS RAISED SUPPORT THE MISSION OF THE SUPPORTED ORGANIZATIONS.-$9,134
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff BerryChairman-$0--
Mark PowersVice Chairman-$0--
Kathy BerrySecretary-$0--
William NewmanTreasurer-$0--
Susan RileyBoard Member-$0--
Kathy SchoettlinBoard Member-$0--
Shelah PowersBoard Member-$0--
Ellen SpenceBoard Member-$0--
Shellie KyleBoard Member-$0--
Erika TaylorBoard Member-$0--
Heather E HertelEx-Officio-$0--
Ann B CalvertCFO-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Brim & Rim$42,541$19,370$1,657$17,713
Event 2-$0-$0
Total Events$42,541$19,370$9,134$10,236
Filing and Contact Details

Filer

Filer Name
Southwestern Foundation Inc
EIN
26-1503592
Phone
8124364231
Address
415 Mulberry Street, Evansville, IN 47713-1230

Signing Officer

Name
Ann B Calvert
Title
Chief Financial Officer
Signed
2019-05-07
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 Grants Paid

Activity:;grantee name:;grantee address: , , none, , us;amount:;relationship:;activity:;grantee name:various;grantee address: , , none, , us;amount:21171;relationship:;

Form 990-EZ, Part I, Line 16 Other Expenses

Administrative - 788; Telephone Conference - 38;

Form 990-EZ, Part II, Line 24 Other Assets

Receivable - BOY:1000,EOY:70; Prepaid Expense - BOY:0,EOY:100;

Form 990-EZ, Part II, Line 26 Total Liabilities

Accounts Payable - BOY:4,EOY:1780;

Form 990-EZ, Part V, Line 34 Changes to governing documents

On July 13, 2017, the Bylaws were amended and restated to as follows: (a) Article III, Section 1. New Language - An officer of the Board of Directors of the Corporation cannot simultaneously serve in an officer position on the Board of Directors of Southwestern Healthcare, Inc., Southwestern Behavioral Healthcare, Inc., or Hillcrest Washington Youth Home, Inc. A member of the Board of Directors of the Corporation cannot simultaneously serve as a member on more than one of the Board of Directors of Southwestern Healthcare, Inc., Southwestern Behavioral Healthcare, Inc., or Hillcrest Washington Youth Home, Inc., except for the President/CEO of Southwestern Healthcare, Inc. which serves as a member of the Southwestern Healthcare, Inc. Board of Directors and as an ex-officio member on the Board of Directors of the Corporation, Southwestern Behavioral Healthcare, Inc., and Hillcrest Washington Youth Home, Inc. (b) Article III, Section 2. Restated Language - An individual may serve up to two (2) consecutive years as Chairperson and no more than six (6) consecutive years as an officer and may be re-eligible for election as Chairperson after a minimum two (2) year break in service and as Vice Chairperson, Treasurer, or Secretary after a minimum one (1) year break in service. (c) Removed Language - References to Mulberry Center, Inc., a supported organization that was dissolved 12.31.15.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE BYLAWS WERE AMENDED AND RESTATED 7/13/17 TO REMOVE REFERENCES TO MULBERRY CENTER, INC EIN 30-0166429. MULBERRY CENTER, INC WAS DISSOLVED ON 12/31/15 UNDER A PLAN OF COMPLETE LIQUIDATION AND DISSOLUTION.
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Southwestern Behavioral Healthcare Inc
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY:;GRANTEE NAME:;GRANTEE ADDRESS: , , NONE, , US;AMOUNT:;RELATIONSHIP:;ACTIVITY:;GRANTEE NAME:VARIOUS;GRANTEE ADDRESS: , , NONE, , US;AMOUNT:21171;RELATIONSHIP:;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Administrative - 788; Telephone Conference - 38;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Receivable - BOY:1000,EOY:70; Prepaid Expense - BOY:0,EOY:100;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Payable - BOY:4,EOY:1780;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4On July 13, 2017, the Bylaws were amended and restated to as follows: (a) Article III, Section 1. New Language - An officer of the Board of Directors of the Corporation cannot simultaneously serve in an officer position on the Board of Directors of Southwestern Healthcare, Inc., Southwestern Behavioral Healthcare, Inc., or Hillcrest Washington Youth Home, Inc. A member of the Board of Directors of the Corporation cannot simultaneously serve as a member on more than one of the Board of Directors of Southwestern Healthcare, Inc., Southwestern Behavioral Healthcare, Inc., or Hillcrest Washington Youth Home, Inc., except for the President/CEO of Southwestern Healthcare, Inc. which serves as a member of the Southwestern Healthcare, Inc. Board of Directors and as an ex-officio member on the Board of Directors of the Corporation, Southwestern Behavioral Healthcare, Inc., and Hillcrest Washington Youth Home, Inc. (b) Article III, Section 2. Restated Language - An individual may serve up to two (2) consecutive years as Chairperson and no more than six (6) consecutive years as an officer and may be re-eligible for election as Chairperson after a minimum two (2) year break in service and as Vice Chairperson, Treasurer, or Secretary after a minimum one (1) year break in service. (c) Removed Language - References to Mulberry Center, Inc., a supported organization that was dissolved 12.31.15.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10 Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 Total Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part V, Line 34 Changes to governing documents
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Ann B Calvert
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chief Financial Officer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Southwestern Foundation Inc
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ReturnHeader/Filer/EIN0261503592
ReturnHeader/Filer/PhoneNum08124364231
ReturnHeader/Filer/USAddress/AddressLine1Txt0415 Mulberry Street
ReturnHeader/Filer/USAddress/CityNm0Evansville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd0477131230
ReturnHeader/ReturnTs02019-05-07T13:00:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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