Civic Intelligence

Asbog Foundation

990 • Fiscal year 2012 • EIN 26-1834173

Jul 01, 2011 to Jun 30, 2012 • Filed on Jul 24, 2012

Post Office Box 1271129211-2711
Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2012 filings • 501(c)6 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

46th percentile

0.6%

Faster asset growth than 46% of similar nonprofits.

2012 filings • 501(c)6 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$21,794

Up $130 (+0.6%) from 2011

Net Assets

Up

$21,794

Up $130 (+0.6%) from 2011

Liabilities

Flat

$0

Flat from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$4,721

Up $2,221 (+89%) from 2011

Net Income

-

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.

$30K$20K$10K$0Assets 2011: $21,664Liabilities 2011: $0Net Assets 2011: $21,6642011Assets 2012: $21,794Liabilities 2012: $0Net Assets 2012: $21,7942012Assets 2013: $22,491Liabilities 2013: $56Net Assets 2013: $22,4352013Assets 2014: $23,528Liabilities 2014: $139Net Assets 2014: $23,3892014Assets 2015: $22,810Liabilities 2015: $119Net Assets 2015: $22,6912015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2012

Assets$21,794
Liabilities$0
Net Assets$21,794

Operations Trend

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

$40K$20K$0-$20K-$40KExpenses 2011: $2,5002011Expenses 2012: $4,7212012Revenue 2013: $4,411Expenses 2013: $3,393Net Income 2013: $1,0182013Revenue 2014: $6,636Expenses 2014: $5,682Net Income 2014: $9542014Revenue 2015: $2,512Expenses 2015: $3,210Net Income 2015: -$6982015Revenue 2016: $4,010Expenses 2016: $26,701Net Income 2016: -$22,6912016

Highlighted filing

2012

Revenue-
Expenses$4,721
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Jul 24, 2012
Return Version
2011v1.2
Gross Receipts
$4,851
Mission and Program Overview

Mission

The asbog foundation was formed in 2007 to provide financial support for the activities of the national association of state boards of geology ("asbog"). The foundation by-laws provide that monies received from sponsorships by companies and organizations is to be invested. Interest income earned on investments will be first used to pay the costs of the foundation. After those costs are recovered, the net interest income is to be provided to asbog.

Filing and Contact Details

Filer

EIN
26-1834173
Raw XML Appendix241 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.

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IRS990/ActivityOrMissionDescription0The ASBOG Foundation was formed in 2007 to provide financial support for the activities of the National Association of State Boards of Geology ("ASBOG"). The Foundation by-laws provide that monies received from Sponsorships by companies and organizations is to be invested. Interest income earned on investments will be first used to pay the costs of the Foundation. After those costs are recovered, the net interest income is to be provided to ASBOG.
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IRS990/Description0Direct financial support to the National Association of State Boards of Geology ("ASBOG"), a 501(c)(6) organization that authors, administers, scores, defends and maintains relevant questions for the National Geology Examinations.
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IRS990/Form990PartVIISectionA/NamePerson0Darrel W Schmitz
IRS990/Form990PartVIISectionA/NamePerson1Duane A Eversoll
IRS990/Form990PartVIISectionA/NamePerson2Rick L Ericksen
IRS990/Form990PartVIISectionA/NamePerson3James M Holloway
IRS990/Form990PartVIISectionA/NamePerson4Michael Kunz
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IRS990/MissionDescription0The ASBOG Foundation is an organization incorporated under the laws the State of South Carolina. It is organized and operates exclusively for the benefit of, and carry out the tax exempt purposes of the National Association of State Boards of Geology. One of the primary tasks of ASBOG is to prepare, administer, score, defend and maintain relevant questions for the National Geology Examinations. To perform its support mission of ASBOG, the Foundation sells monetary sponsorships to corporations, government entities, and individuals whose main business is includes utilization of geology, geologic activities, and/or geologic expertise. The Foundation's by-laws provide that sponsorships monies received are to be invested in investment-grade interest-bearing securities having limited market risk. After costs of operating the Foundation are recovered, substantially all remaining net investment income is intended to be provided to ASBOG as unrestricted support.
IRS990/MoreThan5000KToIndividuals00
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IRS990/NameOfPrincipalOfficerPerson0James M Holloway Jr
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IRS990ScheduleO/GeneralExplanation/Explanation0The Form 990 is individually furnished to members of the Board prior to its being filed. All questions or corrections are made to James M. Holloway, Jr, the preparer and the Foundation's Registered Agent, who makes appropriate changes.
IRS990ScheduleO/GeneralExplanation/Explanation1The Foundation makes its documents available to the public through two methods. First is on the Foundation website. On this space, the viewer can click on the link and the Form 990 is presented. Also, upon individual request, the Form 990 is made available. The Foundation's by-laws are available upon individual request. The Foundation had not prepared a conflict of interest policy at this date since there is no compensation to members and there is no significant business purchasing undertaken at this point.
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section C, line 19
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ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0261834173
ReturnHeader/Filer/Name/BusinessNameLine10ASBOG Foundation
ReturnHeader/Filer/NameControl0ASBO
ReturnHeader/Filer/Phone08037991890
ReturnHeader/Filer/USAddress/AddressLine10Post Office Box 12711
ReturnHeader/Filer/USAddress/City0Columbia
ReturnHeader/Filer/USAddress/State0SC
ReturnHeader/Filer/USAddress/ZIPCode0292112711
ReturnHeader/Officer/DateSigned02012-07-24
ReturnHeader/Officer/Name0James M Holloway Jr
ReturnHeader/Officer/Phone08033151991
ReturnHeader/Officer/Title0Registered Agent
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-07-01
ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-07-24T10:45:08-05:00

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Filings