Civic Intelligence

David Michael Reid Foundation Inc

990EZ • Fiscal year 2012 • EIN 26-3439898

Jan 01, 2012 to Dec 31, 2012 • Filed on Sep 04, 2013

Organization ProfileWWW.DMRFOUNDATION.ORG
PO Box 64519375
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

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

5th percentile

-90%

Higher net margin than 5% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

8th percentile

-52%

Faster asset growth than 8% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

8th percentile

-53%

Faster revenue growth than 8% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$30,642

Down $33,165 (-52%) from 2011

Net Assets

Down

$30,642

Down $33,165 (-52%) from 2011

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin5th percentile

Revenue

Down

$36,646

Down $41,918 (-53%) from 2011

Expenses

Up

$69,810

Up $21,900 (+46%) from 2011

Net Income

Down

-$33,164

Down $63,818 (-208%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$100K$50K$0-$50KAssets 2010: $33,153Net Assets 2010: $33,1532010Assets 2011: $63,807Net Assets 2011: $63,8072011Assets 2012: $30,642Net Assets 2012: $30,6422012Assets 2013: $6,017Net Assets 2013: $6,0172013Assets 2014: $14,861Liabilities 2014: $4,713Net Assets 2014: $10,1482014Assets 2015: $1,102Liabilities 2015: $22,309Net Assets 2015: -$21,2072015Assets 2016: $8,693Liabilities 2016: $26,442Net Assets 2016: -$17,7492016

Highlighted filing

2012

Assets$30,642
Liabilities-
Net Assets$30,642
Open 2012 Filing

Operations Trend

Revenue Growth8th percentile

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

$100K$50K$0-$50KRevenue 2010: $9,596Expenses 2010: $42,894Net Income 2010: -$33,2982010Revenue 2011: $78,564Expenses 2011: $47,910Net Income 2011: $30,6542011Revenue 2012: $36,646Expenses 2012: $69,810Net Income 2012: -$33,1642012Revenue 2013: $34,074Expenses 2013: $58,699Net Income 2013: -$24,6252013Revenue 2014: $68,267Expenses 2014: $64,136Net Income 2014: $4,1312014Revenue 2015: $10,953Expenses 2015: $42,308Net Income 2015: -$31,3552015Revenue 2016: $12,367Expenses 2016: $8,909Net Income 2016: $3,4582016

Highlighted filing

2012

Revenue$36,646
Expenses$69,810
Net Income-$33,164
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Sep 4, 2013
Return Version
2012v2.1
Mission and Program Overview

Mission

The david michael reid foundation strives to enable disadvantaged youths to achieve their dreams by improving quality of life through opportunity and support. The foundation provides financial and other assistance, including scholarships, to underprivileged youths in the greater philadelphia metropolitan area.

Filing and Contact Details

Filer

EIN
26-3439898
Raw XML Appendix190 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
CompensationExplanation/Compensation/PersonName0SEAN REID
CompensationExplanation/Compensation/PersonName1DOUGLAS J GILL
CompensationExplanation/Compensation/PersonName2DAN LOEFFLER
CompensationExplanation/Compensation/PersonName3JEFF LOEFFLER
CompensationExplanation/Compensation/PersonName4MARK REID JR
CompensationExplanation/Compensation/PersonName5ADAM REID
CompensationExplanation/Compensation/PersonName6ROB STOKES
CompensationExplanation/Compensation/PersonName7NATHAN FOLEY
CompensationExplanation/Compensation/PersonName8BRIAN HULEA
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY061506
IRS990EZ/CashSavingsAndInvestments/EOY030642
IRS990EZ/ContributionsGiftsGrantsEtc037959
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear0-33164
IRS990EZ/FeesAndOthPymtToIndContractors03728
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/FundraisingGrossIncome045623
IRS990EZ/GrossReceipts083582
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InfoInScheduleOPartIII0X
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY063806
IRS990EZ/NetAssetsOrFundBalancesBOY063806
IRS990EZ/NetAssetsOrFundBalances/EOY030642
IRS990EZ/NetAssetsOrFundBalancesEOY030642
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition010.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition110.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition21.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition31.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition410.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition51.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition61.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition71.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition81.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation60
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation70
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation80
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0SEAN REID
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1DOUGLAS J GILL
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2DAN LOEFFLER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3JEFF LOEFFLER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4MARK REID JR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName5ADAM REID
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName6ROB STOKES
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName7NATHAN FOLEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName8BRIAN HULEA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0PRESIDENT, D
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4VP - MARKETI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title7VP - SCHOLAR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title8DIRECTOR
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherAssetsTotal/BOY02300
IRS990EZ/OtherExpensesTotal065450
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0THE DAVID MICHAEL REID FOUNDATION STRIVES TO ENABLE DISADVANTAGED YOUTHS TO ACHIEVE THEIR DREAMS BY IMPROVING QUALITY OF LIFE THROUGH OPPORTUNITY AND SUPPORT. THE FOUNDATION PROVIDES FINANCIAL AND OTHER ASSISTANCE, INCLUDING SCHOLARSHIPS, TO UNDERPRIVILEGED YOUTHS IN THE GREATER PHILADELPHIA METROPOLITAN AREA.
IRS990EZ/PrintingPublicationsPostage0632
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0THE FOUNDATION'S PROGRAM SERVICE IS A SCHOLARSHIP FUND, WHICH PROVIDES FULL SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN THE GREATER PHILADELPHIA METROPOLITAN AREA.
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses063522
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/SpecialEventsDirectExpenses046936
IRS990EZ/SpecialEventsNetIncomeLoss0-1313
IRS990EZ/StatesWhereCopyOfReturnIsFiled0PA
IRS990EZ/StatesWhereCopyOfReturnIsFiled1NJ
IRS990EZ/StatesWhereCopyOfReturnIsFiled2NY
IRS990EZ/StatesWhereCopyOfReturnIsFiled3OK
IRS990EZ/StatesWhereCopyOfReturnIsFiled4CA
IRS990EZ/StatesWhereCopyOfReturnIsFiled5VA
IRS990EZ/StatesWhereCopyOfReturnIsFiled6MD
IRS990EZ/StatesWhereCopyOfReturnIsFiled7IL
IRS990EZ/StatesWhereCopyOfReturnIsFiled8MA
IRS990EZ/StatesWhereCopyOfReturnIsFiled9KY
IRS990EZ/StatesWhereCopyOfReturnIsFiled10FL
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine106 PUTNAM COURT
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0MICKLETON
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0NJ
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode008056
IRS990EZ/TheBooksAreInCareOf/NamePerson0DOUGLAS J GILL
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber02157790926
IRS990EZ/TotalAssets/BOY063806
IRS990EZ/TotalAssets/EOY030642
IRS990EZ/TotalExpenses069810
IRS990EZ/TotalProgramServiceExpenses063522
IRS990EZ/TotalRevenue036646
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0WWW.DMRFOUNDATION.COM
IRS990ScheduleA/AmountsSubstContributorsTotal086931
IRS990ScheduleA/First5Years1700X
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear037959
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year078438
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years09147
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years071763
IRS990ScheduleA/GiftsGrantsContribReceived170/Total0197307
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc045623
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportTotal1700110376
IRS990ScheduleA/Total170/CurrentTaxYear037959
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year078438
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years09147
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years071763
IRS990ScheduleA/Total170/Total0197307
IRS990ScheduleA/TotalSupport0197307
IRS990ScheduleG/EventsInformation/CharitableContribOtherEvents02913
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent1024387
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent204359
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal031659
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents042658
IRS990ScheduleG/EventsInformation/FoodAndBeverageEvent1022400
IRS990ScheduleG/EventsInformation/FoodAndBeverageTotalEvents022400
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1061449
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent206735
IRS990ScheduleG/EventsInformation/GrossReceiptsOtherEvents06133
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal074317
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1037062
IRS990ScheduleG/EventsInformation/GrossRevenueEvent202376
IRS990ScheduleG/EventsInformation/GrossRevenueOtherEvents03220
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents042658
IRS990ScheduleG/EventsInformation/NameOfEvent10GALA
IRS990ScheduleG/EventsInformation/NameOfEvent20DAY AT THE RACE
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent1014662
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent202376
IRS990ScheduleG/EventsInformation/OtherDirectExpensesOtherEvents03220
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents020258
IRS990ScheduleG/EventsInformation/TotalNumberOfOtherEvents01
IRS990ScheduleO/GeneralExplanation/Explanation0EXPENSES LICENSES AND FEES 1,928 SCHOLARSHIPS 63,522 TOTAL 65,450
IRS990ScheduleO/GeneralExplanation/Explanation1PREPAID EXPENSES AND DEFERRED CHARGES 2,300 0 TOTAL 2,300 0
IRS990ScheduleO/GeneralExplanation/Explanation2THE DAVID MICHAEL REID FOUNDATION STRIVES TO ENABLE DISADVANTAGED YOUTHS TO ACHIEVE THEIR DREAMS BY IMPROVING QUALITY OF LIFE THROUGH OPPORTUNITY AND SUPPORT. THE FOUNDATION PROVIDES FINANCIAL AND OTHER ASSISTANCE, INCLUDING SCHOLARSHIPS, TO UNDERPRIVILEGED YOUTHS IN THE GREATER PHILADELPHIA METROPOLITAN AREA.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier2PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0263439898
ReturnHeader/Filer/Name/BusinessNameLine10THE DAVID MICHAEL REID FOUNDATION
ReturnHeader/Filer/NameControl0DAVI
ReturnHeader/Filer/Phone07038630763
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 645
ReturnHeader/Filer/USAddress/City0UNIONVILLE
ReturnHeader/Filer/USAddress/State0PA
ReturnHeader/Filer/USAddress/ZIPCode019375
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-09-04
ReturnHeader/Officer/Name0DOUGLAS GILL
ReturnHeader/Officer/Phone07038630763
ReturnHeader/Officer/Title0TREASURER
ReturnHeader/Preparer/DatePrepared02013-09-11
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10CORDUA PASTORE & ASSOCIATES LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101650 SUCKLE HWY STE 3
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0PENNSAUKEN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0NJ
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode008110
ReturnHeader/Preparer/Name0PETER J CORDUA
ReturnHeader/Preparer/Phone08564862299
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-09-17T12:52:51-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$30,642
Liabilities
-
Net assets
$30,642
Revenue
$36,646
Expenses
$69,810
Net income
-$33,164
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$8.69$26.4$17.7$12.4$8.91$3.46
2015Detailed filing. Detailed filing data is available for this year.$1.10$22.3$21.2$11.0$42.3$31.4
2014Detailed filing. Detailed filing data is available for this year.$14.9$4.71$10.1$68.3$64.1$4.13
2013Detailed filing. Detailed filing data is available for this year.$6.02$6.02$34.1$58.7$24.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.6$30.6$36.6$69.8$33.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.8$63.8$78.6$47.9$30.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.2$33.2$9.60$42.9$33.3