Commonwealth Cares Foundation

990EZ • Fiscal year 2011 • EIN 26-2114712

Jan 01, 2011 to Dec 31, 2011 • Filed on Apr 20, 2012

Organization Profile commonwealthcares.org

225 Seven Farms Dr Ste 10629492

Siviq Scores

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

No value available

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

Source year 2011

No value available

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

Source year 2011

-4.0%

Higher net margin than 34% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

No value available

This filing does not contain officer compensation rows.

Source year 2011

-51%

Faster asset growth than 10% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

384%

Faster revenue growth than 98% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$1,583

Down $1,640 (-51%) from 2010

Net Assets

Down

$1,583

Down $1,640 (-51%) from 2010

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin34th percentile

Revenue

$41,308

Up $32,768 (+384%) from 2010

Expenses

$42,948

Up $37,628 (+707%) from 2010

Net Income

Down

-$1,640

Down $4,860 (-151%) from 2010

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

Highlighted filing

2011

Assets$1,583

Liabilities-

Net Assets$1,583

Open 2011 Filing

Operations Trend

Revenue Growth98th percentile

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

Highlighted filing

2011

Revenue$41,308

Expenses$42,948

Net Income-$1,640

Open 2011 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2011 to Dec 31, 2011
Signed: Apr 20, 2012
Return Version: 2011v1.2

Mission and Program Overview

Mission

Charitable organization that funds local charities that focus on family assistance in the areas of health care & financial assistance

Filing and Contact Details

Filer

EIN: 26-2114712

Raw XML Appendix141 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.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	3223
IRS990EZ/CashSavingsAndInvestments/EOY	0	1583
IRS990EZ/ContributionsGiftsGrantsEtc	0	0
IRS990EZ/CostOfGoodsSold	0	0
IRS990EZ/CostOtherBasisAndSalesExpenses	0	0
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	-1640
IRS990EZ/FeesAndOthPymtToIndContractors	0	200
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/FundraisingGrossIncome	0	49976
IRS990EZ/GainOrLossFromSaleOfAssets	0	0
IRS990EZ/GamingGrossIncome	0	0
IRS990EZ/GrantsAndSimilarAmountsPaid	0	42500
IRS990EZ/GroProfitLossSalesOfInventory	0	0
IRS990EZ/GrossReceipts	0	49976
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InvestmentIncome	0	0
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MembershipDues	0	0
IRS990EZ/MethodOfAccountingCash	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	3223
IRS990EZ/NetAssetsOrFundBalancesBOY	0	3223
IRS990EZ/NetAssetsOrFundBalances/EOY	0	1583
IRS990EZ/NetAssetsOrFundBalancesEOY	0	1583
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	0	225 SEVEN FARMS DR 106
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	1	225 SEVEN FARMS DR 106
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	0	DANIEL ISLAND
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	1	DANIEL ISLAND
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	0	SC
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	1	SC
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	0	29492
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	1	29492
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	4.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	3.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	EDWARD BRITT GILBERT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	JASON E CREECH
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	VP/TREASURER
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherExpensesTotal	0	248
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	CHARITABLE
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	$40,000 PAYMENT FOR OPERATING EXPENSES FOR PALMETTO MEDICAL INITIATIVE WHICH PROVIDES SUSTAINABLE, QUALITY HEALTHCARE TO UNDERPRIVILEDGED PEOPLE ACROSS THE WORLD
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	1	$2,500 PAYMENT FOR OPERATING EXPENSES FOR JERRY ZUCKER RIDE FOR HOPE WHICH RAISES MONEY THROUGH CYCLING IN THE FIGHT AGAINST CANCER
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	40000
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	1	2500
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	40250
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	1	2698
IRS990EZ/ProgramServiceRevenue	0	0
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SpecialEventsDirectExpenses	0	8668
IRS990EZ/SpecialEventsNetIncomeLoss	0	41308
IRS990EZ/StatesWhereCopyOfReturnIsFiled	0	SC
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	225 SEVEN FARMS DR STE 106
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	DANIEL ISLAND
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	SC
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	29492
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	JASON E CREECH
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	8438844545
IRS990EZ/TotalAssets/BOY	0	3223
IRS990EZ/TotalAssets/EOY	0	1583
IRS990EZ/TotalExpenses	0	42948
IRS990EZ/TotalProgramServiceExpenses	0	42948
IRS990EZ/TotalRevenue	0	41308
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years	0	33920
IRS990ScheduleA/GiftsGrantsContribReceived170/Total	0	33920
IRS990ScheduleA/GrossInvestmentIncome170/Total	0	0
IRS990ScheduleA/InvestmentIncomePercentage	0	0
IRS990ScheduleA/PubliclySupportedOrg170b1Avi	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	0
IRS990ScheduleA/PublicSupportPertcentage170	0	1.00000
IRS990ScheduleA/PublicSupportPertcentPriorYear	0	1.00000
IRS990ScheduleA/PublicSupportTotal170	0	33920
IRS990ScheduleA/PublicSupportTotal509	0	0
IRS990ScheduleA/ThirtyThreePercntTestsCY170	0	X
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years	0	33920
IRS990ScheduleA/Total170/Total	0	33920
IRS990ScheduleA/TotalSupport	0	33920
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent1	0	40000
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal	0	40000
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents	0	8668
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1	0	49976
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal	0	49976
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1	0	9976
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents	0	9976
IRS990ScheduleG/EventsInformation/NameOfEvent1	0	GOLF TRNMT
IRS990ScheduleG/EventsInformation/NetIncomeSummary	0	1308
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent1	0	8668
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents	0	8668
IRS990ScheduleO/GeneralExplanation/Explanation	0	FUND OPERATING EXPENSES FOR CLINIC NON-PROFIT PALMETTO MEDICAL INITIATIVE NONE 40000. FUND OPERATING EXPENSES FOR EVENT NON-PROFIT CHARLESTON RIDE FOR HOPE NONE 2500.
IRS990ScheduleO/GeneralExplanation/Explanation	1	BUSINESS REGISTRATION FEES 50. MERCHANT FEES 198.
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990EZ, Part I, Line 10
IRS990ScheduleO/GeneralExplanation/Identifier	1	Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	262114712
ReturnHeader/Filer/Name/BusinessNameLine1	0	COMMONWEALTH CARES FOUNDATION
ReturnHeader/Filer/NameControl	0	COMM
ReturnHeader/Filer/Phone	0	8438844545
ReturnHeader/Filer/USAddress/AddressLine1	0	225 SEVEN FARMS DR STE 106
ReturnHeader/Filer/USAddress/City	0	DANIEL ISLAND
ReturnHeader/Filer/USAddress/State	0	SC
ReturnHeader/Filer/USAddress/ZIPCode	0	29492
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2012-04-20
ReturnHeader/Officer/Name	0	EDWARD BRITT GILBERT
ReturnHeader/Officer/Phone	0	8438844545
ReturnHeader/Officer/Title	0	PRESIDENT
ReturnHeader/Preparer/DatePrepared	0	2012-05-22
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	JACKSON & HAMMOND LLC CPAS
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	721 LONG POINT RD STE 404
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	MOUNT PLEASANT
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	SC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	294648298
ReturnHeader/Preparer/Name	0	J FRANKLIN JACKSON JR CPA
ReturnHeader/Preparer/Phone	0	8438560301
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2011-01-01
ReturnHeader/TaxPeriodEndDate	0	2011-12-31
ReturnHeader/TaxYear	0	2011
ReturnHeader/Timestamp	0	2012-05-22T11:25:59-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $1,583
Liabilities: -
Net assets: $1,583
Revenue: $41,308
Expenses: $42,948
Net income: -$1,640

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.26		$0.26	$0.10	$0.08	$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.24		$0.24	$0.00	$0.05	$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.29	$0.00	$0.29	$0.00	$0.03	$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.32	$0.00	$0.32	$0.56	$0.00	$0.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.88	$0.00	$0.88	$0.32	$0.02	$0.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.24	$0.02	$1.22	$1.93	$1.67	$0.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.95	$0.00	$0.95	$1.54	$1.66	$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.08	$0.00	$1.08	$2.43	$1.87	$0.56
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.52	$0.00	$0.52	$2.09	$1.80	$0.29
2015Detailed filing. Detailed filing data is available for this year.	$0.23	$0.00	$0.23	$1.38	$1.39	$0.01
2014Detailed filing. Detailed filing data is available for this year.	$0.24	$0.00	$0.24	$1.67	$1.60	$0.08
2013Detailed filing. Detailed filing data is available for this year.	$0.16		$0.16	$0.93	$0.89	$0.04
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.12		$0.12	$0.42	$0.31	$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.02		$0.02	$0.41	$0.43	$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.03		$0.03	$0.09	$0.05	$0.03