Civic Intelligence

Cendel Foundation

990 • Fiscal year 2013 • EIN 26-3590221

Jul 01, 2012 to Jun 30, 2013 • Filed on Jan 31, 2014

101 West Loockerman StreetRoom/Suite B19904
Siviq Scores

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

Liabilities / Assets

51st percentile

0.13x

Higher debt load relative to assets than 51% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$2,492,336

No earlier filing loaded for comparison.

Net Assets

$2,172,118

No earlier filing loaded for comparison.

Liabilities

$320,218

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$262,223

No earlier filing loaded for comparison.

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.

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $2,492,336Liabilities 2013: $320,218Net Assets 2013: $2,172,1182013Assets 2014: $2,588,308Liabilities 2014: $301,968Net Assets 2014: $2,286,3402014Assets 2015: $2,752,615Liabilities 2015: $271,936Net Assets 2015: $2,480,6792015Assets 2016: $2,625,765Liabilities 2016: $241,497Net Assets 2016: $2,384,2682016Assets 2017: $2,930,499Liabilities 2017: $211,277Net Assets 2017: $2,719,2222017Assets 2019: $3,176,783Liabilities 2019: $146,452Net Assets 2019: $3,030,3312019Assets 2020: $3,147,365Liabilities 2020: $153,979Net Assets 2020: $2,993,3862020Assets 2021: $3,571,078Liabilities 2021: $132,511Net Assets 2021: $3,438,5672021Assets 2022: $3,202,247Liabilities 2022: $127,601Net Assets 2022: $3,074,6462022

Highlighted filing

2013

Assets$2,492,336
Liabilities$320,218
Net Assets$2,172,118

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2013: $262,2232013Revenue 2014: $266,739Expenses 2014: $239,158Net Income 2014: $27,5812014Revenue 2015: $550,542Expenses 2015: $228,491Net Income 2015: $322,0512015Revenue 2016: $287,863Expenses 2016: $330,874Net Income 2016: -$43,0112016Revenue 2017: $445,091Expenses 2017: $252,733Net Income 2017: $192,3582017Revenue 2019: $351,005Expenses 2019: $261,004Net Income 2019: $90,0012019Revenue 2020: $741,923Expenses 2020: $782,309Net Income 2020: -$40,3862020Revenue 2021: $341,076Expenses 2021: $293,559Net Income 2021: $47,5172021Revenue 2022: $416,596Expenses 2022: $367,417Net Income 2022: $49,1792022

Highlighted filing

2013

Revenue-
Expenses$262,223
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Jan 31, 2014
Return Version
2012v2.3
Gross Receipts
$293,581
Mission and Program Overview

Mission

Organization's mission or most significant activities is to maintain and improve the quality of life in the greater dover community by providing office space exclusively to 501(c)(3) non-for-profit organizations at well below market rents. The building located in downtown dover, delaware and enhances the area as well as increases employment in the downtown district.

Filing and Contact Details

Filer

EIN
26-3590221
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IRS990ScheduleO/GeneralExplanation/Explanation0ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES IS TO MAINTAIN AND IMPROVE THE QUALITY OF LIFE IN THE GREATER DOVER COMMUNITY BY PROVIDING OFFICE SPACE EXCLUSIVELY TO 501(C)(3) NON-FOR-PROFIT ORGANIZATIONS AT WELL BELOW MARKET RENTS. THE BUILDING LOCATED IN DOWNTOWN DOVER, DELAWARE AND ENHANCES THE AREA AS WELL AS INCREASES EMPLOYMENT IN THE DOWNTOWN DISTRICT.
IRS990ScheduleO/GeneralExplanation/Explanation1ENDOWMENT FUNDS INVESTED IN THE DELAWARE COMMUNITY FOUNDATION. THE ORGANIZATION RECEIVES 5% OF THE PRINCIPAL EACH YEAR TO MAKE CONTRIBUTIONS TO QUALIFIED 501(C)(3) ORGANIZATIONS THAT MEET THE GRANT CRITERIA ESTABLISHED ANNUALLY. A SEPERATE COMMITTEE REVIEWS THE APPLICATIONS AND MAKES THE RECOMENDATIONS TO AWARD THE GRANTS.
IRS990ScheduleO/GeneralExplanation/Explanation2MEMBERS OF THE ORGANIZATION CONSIST OF LEADERS IN THE COMMUNITY THAT SHARE THE SAME MISSION AND GOAL.
IRS990ScheduleO/GeneralExplanation/Explanation3MEMBERS ARE ELECTED TO THREE YEAR TEARMS WITH STAGGERING TERMS IN ORDER TO MAINTAIN CONTINUITY WITHIN THE ORGANIZATION
IRS990ScheduleO/GeneralExplanation/Explanation4MAMBERS MAKE ALL DECISIONS BASED ON MAJORITY RULE AND MEET ON A MONTHLY BASIS
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION HAS THREE MEMBERS WHO ARE CPAS. THEY REVIEW THE RETURN PRIOR TO PROVIDING A COPY TO EACH BOARD MEMBER.
IRS990ScheduleO/GeneralExplanation/Explanation6ANY CONFLICTS OF INTEREST MUST BE BROUGHT BEFORE THE BOARD. THE INTERESTED PARTY MAY MAKE A PRESENTATION AFTER WHICH THE BOARD DISCUSSES THE TRANSACTION WITHOUT THE INTERESTED PARTY IN THE ROOM AND THEN VOTES WITH THE MAJORITY OF THE DISINTERESTED DIRECTORS CARRYING THE DECISION.
IRS990ScheduleO/GeneralExplanation/Explanation7GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/GeneralExplanation/Explanation8SPORTS COMPLEX STUDIES 13,242 0 0 DE COMM FOUNDATION 0 0 13,000 UNPAID PLEDGES 0 0 12,500 TOURNAMENT EXPENSES 9,649 0 0 CONTRIBUTION/GRANT 5,000 0 0 PROFESSIONAL FEES 0 4,000 0 MISCELLANEOUS 3,394 0 0 INSURANCE EXPENSE 0 744 0 HARRINGTON TOUR 0 0 434 ART CHALLENGE FR 0 0 286 FRANCHISE TAXES 50 0 0
IRS990ScheduleO/GeneralExplanation/Explanation9UNREALIZED APPRECIATION OF INVESTMENTS 33,542
IRS990ScheduleO/GeneralExplanation/Identifier0ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/Identifier1ALL OTHER ACCOMPLISHMENT DESCRIPTION
IRS990ScheduleO/GeneralExplanation/Identifier2CLASSES OF MEMBERS OR STOCKHOLDERS
IRS990ScheduleO/GeneralExplanation/Identifier3ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/GeneralExplanation/Identifier4DECISIONS SUBJECT TO APPROVAL OF MEMBERS
IRS990ScheduleO/GeneralExplanation/Identifier5ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier6ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/GeneralExplanation/Identifier7GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/Identifier8OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier9OTHER CHANGES IN NET ASSETS EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990, PART IX, LINE 24E
IRS990ScheduleO/GeneralExplanation/ReturnReference9FORM 990, PART XI, LINE 9
IRS990/ScheduleORequired0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0DE
IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0true

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