Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
990EZ • Fiscal year 2014 • EIN 26-3439898
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
57th percentile
Higher net margin than 57% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Assets
Up$14,861
Up $8,844 (+147%) from 2013
Net Assets
Up$10,148
Up $4,131 (+69%) from 2013
Liabilities
$4,713
No earlier filing loaded for comparison.
Revenue
Up$68,267
Up $34,193 (+100%) from 2013
Expenses
Up$64,136
Up $5,437 (+9.3%) from 2013
Net Income
Up$4,131
Up $28,756 (+117%) from 2013
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.
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION'S PROGRAM SERVICE IS A SCHOLARSHIP FUND, WHICH PROVIDES FULL SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN THE GREATER PHILADELPHIA METROPOLITAN AREA. | - | $59,757 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SEAN REID | President, D | - | $0 | - | - |
| SCOTT BARNES | Treasurer | - | $0 | - | - |
| DAN LOEFFLER | Secretary | - | $0 | - | - |
| JEFF LOEFFLER | Director | - | $0 | - | - |
| MARK REID JR | VP - Marketi | - | $0 | - | - |
| ADAM REID | Director | - | $0 | - | - |
| ROB STOKES | Director | - | $0 | - | - |
| NATHAN FOLEY | VP - Scholar | - | $0 | - | - |
| BRIAN HULEA | Director | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Outing | $10,384 | $4,913 | - | $4,913 |
| Derby Party | $7,876 | $2,636 | - | $2,636 |
| Total Events | $18,260 | $7,549 | $7,549 | - |
“Expenses information technology 300 licenses and fees 1,579 scholarships 59,757 total 61,636”
“Pledges receivable 220 0 prepaid expenses and deferred charges 0 2,750 total 220 2,750”
“Accounts payable and accrued expenses 0 4,713”
“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.”
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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SEAN REID |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6103470132 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1701 ESQUIRE LANE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MCLEAN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 22101 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5797 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 12111 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 68267 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 4131 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2500 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 6017 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 14861 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 7549 |
| IRS990EZ/GrossReceiptsAmt | 0 | 75816 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 6017 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 10148 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 6017 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 10148 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SEAN REID |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SCOTT BARNES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAN LOEFFLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JEFF LOEFFLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MARK REID JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | ADAM REID |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | ROB STOKES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | NATHAN FOLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | BRIAN HULEA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT, D |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | VP - MARKETI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | VP - SCHOLAR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 220 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2750 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 61636 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION'S PROGRAM SERVICE IS A SCHOLARSHIP FUND, WHICH PROVIDES FULL SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN THE GREATER PHILADELPHIA METROPOLITAN AREA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 59757 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 7549 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | PA |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 1 | NJ |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 2 | NY |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 3 | OK |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 4 | CA |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 5 | VA |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 6 | MD |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 7 | IL |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 8 | MA |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 9 | KY |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 10 | FL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4713 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 64136 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 59757 |
| IRS990EZ/TotalRevenueAmt | 0 | 68267 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.DMRFOUNDATION.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 68267 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 35168 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 37959 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 78438 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 9147 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 228979 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 124542 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.53460 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.60890 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 122420 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 106559 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 68267 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 35168 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 37959 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 78438 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 9147 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 228979 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 228979 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 10711 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 5471 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt | 0 | 5240 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 7549 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GOLF OUTING |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | DERBY PARTY |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 10384 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 7876 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 18260 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 4913 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 2636 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 7549 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt | 0 | 404 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt | 0 | 404 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 4509 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt | 0 | 2636 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 7145 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INFORMATION TECHNOLOGY 300 LICENSES AND FEES 1,579 SCHOLARSHIPS 59,757 TOTAL 61,636 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PLEDGES RECEIVABLE 220 0 PREPAID EXPENSES AND DEFERRED CHARGES 0 2,750 TOTAL 220 2,750 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 4,713 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SEAN REID |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6103470132 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-09-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE DAVID MICHAEL REID FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DAVI |
| ReturnHeader/Filer/EIN | 0 | 263439898 |
| ReturnHeader/Filer/PhoneNum | 0 | 6103470132 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 561 UPLAND RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KENNETT SQUARE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 19348 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 262965076 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SULLIVAN STRATEGIC LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 923 HADDONFIELD RD SUITE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHERRY HILL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 080022752 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8563248291 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-09-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOHN P SULLIVAN CPAABV CVA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2015-09-23T14:44:41-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.