Civic Intelligence

The Hamels Foundation Inc

990 • Fiscal year 2018 • EIN 26-3128059

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 29, 2019

PO Box 10654Springfield, MO 65808

(417) 533-5277

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

48th percentile

0.03x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

75th percentile

$67,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

65th percentile

7.9%

Faster asset growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

21st percentile

-13%

Faster revenue growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$886,907

Up $64,560 (+7.9%) from 2017

Net Assets

Up

$874,502

Up $62,331 (+7.7%) from 2017

Liabilities

Up

$12,405

Up $2,229 (+22%) from 2017

Revenue

Down

$462,254

Down $66,843 (-13%) from 2017

Expenses

Down

$339,552

Down $253,235 (-43%) from 2017

Net Income

Up

$122,702

Up $186,392 (+293%) from 2017

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: $324,707Liabilities 2012: $6,056Net Assets 2012: $318,6512012Assets 2013: $802,979Liabilities 2013: $6,056Net Assets 2013: $796,9232013Assets 2014: $878,894Liabilities 2014: $35,980Net Assets 2014: $842,9142014Assets 2015: $817,445Liabilities 2015: $7,828Net Assets 2015: $809,6172015Assets 2016: $720,838Liabilities 2016: $0Net Assets 2016: $720,8382016Assets 2017: $822,347Liabilities 2017: $10,176Net Assets 2017: $812,1712017Assets 2018: $886,907Liabilities 2018: $12,405Net Assets 2018: $874,5022018Assets 2020: $1,101,820Liabilities 2020: $0Net Assets 2020: $1,101,8202020Assets 2021: $1,140,455Liabilities 2021: $3,568Net Assets 2021: $1,136,8872021Assets 2022: $905,227Liabilities 2022: $2,414Net Assets 2022: $902,8132022Assets 2024: $740,631Liabilities 2024: $0Net Assets 2024: $740,6312024

Highlighted filing

2018

Assets$886,907
Liabilities$12,405
Net Assets$874,502

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2012: $1,989,9122012Revenue 2013: $1,552,052Expenses 2013: $1,073,780Net Income 2013: $478,2722013Revenue 2014: $1,220,249Expenses 2014: $1,174,258Net Income 2014: $45,9912014Revenue 2015: $918,449Expenses 2015: $951,746Net Income 2015: -$33,2972015Revenue 2016: $530,516Expenses 2016: $619,295Net Income 2016: -$88,7792016Revenue 2017: $529,097Expenses 2017: $592,787Net Income 2017: -$63,6902017Revenue 2018: $462,254Expenses 2018: $339,552Net Income 2018: $122,7022018Revenue 2020: $92,531Expenses 2020: $271,152Net Income 2020: -$178,6212020Revenue 2021: $86,913Expenses 2021: $220,295Net Income 2021: -$133,3822021Revenue 2022: $66,663Expenses 2022: $149,052Net Income 2022: -$82,3892022Revenue 2024: $61,527Expenses 2024: $206,439Net Income 2024: -$144,9122024

Highlighted filing

2018

Revenue$462,254
Expenses$339,552
Net Income$122,702
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 29, 2019
Return Version
2018v3.1
Gross Receipts
$527,014
Mission and Program Overview

Mission

The hamels foundation is dedicated to enriching the lives of children through the power of education by giving them the tools they need to achieve their goals.

The hamels foundation enriches the lives of children through organizational grants, educational grants and pitching clinics and cooperates with gaia to build schools in africa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$621,547$571,980▼ $49,567
Savings and Temporary Cash Investments$156,577$299,464▲ $142,887
Land, Buildings, and Equipment, Net$18,552$14,792▼ $3,760
Cash and Non-Interest-Bearing Accounts$25,671$671▼ $25,000
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$822,347$886,907▲ $64,560
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,176$12,405▲ $2,229
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$10,176$12,405▲ $2,229
Net Assets / Fund Balance
Unrestricted Net Assets$812,171$874,502▲ $62,331
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$812,171$874,502▲ $62,331
Total Liabilities and Net Assets / Fund Balance$822,347$886,907▲ $64,560

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,792$34,483$49,275
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathleen GreeneChief Operations OfficerFT$67,000$67,000
Bj RichardsonSecretary/treasurer-$1,800$1,800

Board Members and Trustees

NameTitle
STUART T O'NEAL IIIBoard President
Heidi HamelsPresident
Rob KeeganBoard Vice President
Cole HamelsVice President
Delvan MitchellBoard Member
Erica GaynorBoard Member
Holly GampaBoard Member
Jim MaranskyBoard Member
Judy GreenBoard Member
Nadia MaranskyBoard Member
Nichole RoamBoard Member
Patrick KellyBoard Member
Patty FalconeBoard Member
Renato LajaraBoard Member
Richard WaltersBoard Member
Sophie RiegelBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$470,615
Program Service Revenue
$1,275
Investment Income
$17,088
Other Revenue
$-26,724
All Other Contributions
$385,156
Change in Net Assets
$122,702
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,846
Grants and Similar Amounts Paid$104,065
Salaries, Compensation, and Employee Benefits$91,641
Total Fundraising Expense$13,915
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$101,815--$101,815
Current Officers, Directors, Trustees, and Key Employees$62,761$6,039-$68,800
Office Expenses$34,941$1,163-$36,104
Travel$35,286$351-$35,637
Fees for Services Other$19,137$1,128-$20,265
Advertising--$13,915$13,915
Payroll Taxes$11,714$1,127-$12,841
Other Salaries and Wages$9,122$878-$10,000
Fees for Services Accounting-$8,757-$8,757
Information Technology$7,303$703-$8,006
Fees for Service Investment Mgmnt Fees-$6,704-$6,704
Insurance$5,599$298-$5,897
Depreciation Depletion$3,430$330-$3,760
Grants to Domestic Individuals$2,250--$2,250
Occupancy$1,783$172-$1,955
Fees for Services Legal-$1,839-$1,839
Other Expenses$751$72-$823
Conferences and Meetings$184--$184
Total Functional Expenses$296,076$29,561$13,915$339,552
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Global Aids Interfaith Alliance (gaia)San Rafael, CA501(c)(3)Africa Projects$58,650
Springfield Public Schools FoundationSpringfield, MO501(c)(3)Education$6,300
Yacht Stock IncEssington, PA501(c)(3)Support$6,200

International Summary

Spending
$19,431

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaProgram ServicesTravel to Build School--$19,431
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$36,816
Fundraising Gross Income$9,511
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Top of the Hill$84,829$7,127$25,334$-18,207
Marathon$10,141$2,384$3,446$-1,062
Total Events$94,970$9,511$36,816$-27,305
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
Kathleen GreeneFamily-c.hamels,h.hamelsCompensationNo$67,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Section A, Line 2

Officer & director relationships: cole hamels, heidi hamels, and kathleen greene have a family relationship. Jim maransky and nadia maransky have a family relationship.

Form 990, Part VI, Section B, Line 11B

Review of form 990: the form 990 was prepared by an independent accounting firm. The 990 was reviewed by top management and provided to board members before filing with the irs.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy: all directors, officers, staff members, advisory council members and/or volunteers are covered under the conflict of interest policy. Any person who knows that they have a conflict of interest has a duty to disclose it to the supervisor, board chair and committee chair before any decisions are made to proceed further in a contemplated contract/arrangement between the foundation and an outside business/organization. Once disclosed, the supervisor/board decides whether the conflict will affect pending foundation business. If it will, the person with the conflict shall not participate in the foundation's discussions/decision concerning the matter at hand. The person with the conflict shall not be part of any committee meetings which may make decisions concerning foundation business activities. After those particular discussions have occurred, and the decisions have been made, the individual may rejoin and participate as usual in activities. Each foundation director, staff member, advisory committee member, and volunteer shall receive a copy of the conflict of interest policy every year. Each person shall sign a statement saying they have received the policy, read it, and agree to abide by it.

Form 990, Part VI, Section B, Lines 15A & 15B

Compensation review: upon hiring and at any potential raise of any employee, including the top management official, a compensation survey of similar job functions in surrounding areas is gathered by the coo and a salary is determined by the coo and the board.

Form 990, Part VI, Section C, Line 19

Document availability: the organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request to the chief operating officer.

Filing and Contact Details

Filer

Filer Name
The Hamels Foundation Inc
EIN
26-3128059
In Care Of
% KATHLEEN GREENE
Phone
4175335277
Address
PO BOX 10654, SPRINGFIELD, MO 65808

Signing Officer

Name
Kathleen Greene
Title
COO
Phone
4175335277
Signed
2019-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Greene
Formed
2008
Legal Domicile
Mo
Voting Board Members
16
Independent Board Members
14
Employees
2
Volunteers
16

Preparer

Firm
Bkd Llp
Address
910 E ST LOUIS 200/PO BOX 1190, SPRINGFIELD, MO 65806-2523
Preparer
Krystal K Creach
Phone
4178658701
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Program service accomplishments: the commitment of the hamels foundation extends globally through its cooperative agreement with glbas aids interfaith alliance of san francisco to malwai, africa where there are over one million orphans due to the hiv/aids pandemic. Malawi is one of the poorest, most impoverished nations in the world. The hamels foundation is dedicated to building a primary school (grades 1-8) that will educate nearly 2,000 boys and girls in the mulanje district of malawi. The first step towards breaking the cycle of aids is education, as well as tending to basic needs such as shelter and food. Our goal is to provide the first step in improving the lives of thousands.

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IRS990/Desc0THE HAMELS FOUNDATION IS A NON-PROFIT 501(C)(3) ORGANIZATION FOUNDED BY MLB PITCHER COLE HAMELS AND HIS WIFE HEIDI. THE HAMELS FOUNDATION HAS A DUAL PURPOSE TO PROVIDE SUPPORT FOR QUALITY EDUCATION IN THE UNITED STATES AND ESTABLISH A SCHOOL IN MALAWI, AFRICA. THE HAMELS FOUNDATION TAKES A COMMUNITY-BASED APPROACH TO EDUCATION BY PROVIDING ASSISTANCE TO SCHOOLS AS WELL AS SUPPORTING OTHER EDUCATION BASED NON-PROFIT ENTITIES IN THE UNITED STATES IN NEED OF SUPPORT. THIS INCLUDES BUT IS NOT LIMITED TO PROVIDING STIMULATING LEARNING ENVIRONMENTS, HIGH-QUALITY EDUCATIONAL PROGRAMS AND NECESSARY PROVISIONS TO PROMOTE LEARNING. SEE ADDITIONAL INFORMATION IN SCHEDULE O.
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