Civic Intelligence

The Foundation for Sephardic Camp

990 • Fiscal year 2020 • EIN 26-3877195

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

PO Box 28511Seattle, WA 98118

(206) 257-2225

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.25x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

71st percentile

0.05x

Higher debt load relative to revenue than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

48th percentile

3.8%

Higher net margin than 48% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

89th percentile

$40,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

73rd percentile

32%

Faster asset growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

28th percentile

-40%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$42,700

Up $10,381 (+32%) from 2019

Net Assets

Up

$31,999

Up $8,474 (+36%) from 2019

Liabilities

Up

$10,701

Up $1,907 (+22%) from 2019

Revenue

Down

$221,140

Down $147,111 (-40%) from 2019

Expenses

Down

$212,666

Down $153,830 (-42%) from 2019

Net Income

Up

$8,474

Up $6,719 (+383%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2013: $24,807Liabilities 2013: $64,986Net Assets 2013: -$40,1792013Assets 2014: $6,323Liabilities 2014: $1,905Net Assets 2014: $4,4182014Assets 2015: $2,486Liabilities 2015: $1,309Net Assets 2015: $1,1772015Assets 2016: $2,192Liabilities 2016: $7,606Net Assets 2016: -$5,4142016Assets 2017: $36,367Liabilities 2017: $5,443Net Assets 2017: $30,9242017Assets 2018: $24,065Liabilities 2018: $2,295Net Assets 2018: $21,7702018Assets 2019: $32,319Liabilities 2019: $8,794Net Assets 2019: $23,5252019Assets 2020: $42,700Liabilities 2020: $10,701Net Assets 2020: $31,9992020Assets 2021: $73,485Liabilities 2021: $4,370Net Assets 2021: $69,1152021Assets 2022: $39,015Liabilities 2022: $3,240Net Assets 2022: $35,7752022Assets 2023: $20,535Liabilities 2023: $2,186Net Assets 2023: $18,3492023Assets 2024: $26,713Liabilities 2024: $13,409Net Assets 2024: $13,3042024

Highlighted filing

2020

Assets$42,700
Liabilities$10,701
Net Assets$31,999

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $150,145Expenses 2013: $131,922Net Income 2013: $18,2232013Revenue 2014: $195,671Expenses 2014: $151,074Net Income 2014: $44,5972014Revenue 2015: $166,818Expenses 2015: $170,059Net Income 2015: -$3,2412015Revenue 2016: $233,377Expenses 2016: $239,968Net Income 2016: -$6,5912016Revenue 2017: $281,359Expenses 2017: $245,021Net Income 2017: $36,3382017Revenue 2018: $329,214Expenses 2018: $338,368Net Income 2018: -$9,1542018Revenue 2019: $368,251Expenses 2019: $366,496Net Income 2019: $1,7552019Revenue 2020: $221,140Expenses 2020: $212,666Net Income 2020: $8,4742020Revenue 2021: $467,015Expenses 2021: $429,899Net Income 2021: $37,1162021Revenue 2022: $502,196Expenses 2022: $535,537Net Income 2022: -$33,3412022Revenue 2023: $516,236Expenses 2023: $533,662Net Income 2023: -$17,4262023Revenue 2024: $506,953Expenses 2024: $511,998Net Income 2024: -$5,0452024

Highlighted filing

2020

Revenue$221,140
Expenses$212,666
Net Income$8,474
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$221,140
Mission and Program Overview

Mission

Religious overnight summer camp that focuses on the cultivation and preservation of sephardic jewish identity through an immersive camping experience

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$32,319$42,581▲ $10,262
Rtn Earn Endowment Incm Other Fnds$23,525$31,999▲ $8,474
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$32,319$42,700▲ $10,381
Other Assets Total-$119-
Liabilities
Other Liabilities$8,794$10,701▲ $1,907
Total Liabilities$8,794$10,701▲ $1,907
Net Assets / Fund Balance
Total Net Assets Fund Balance$23,525$31,999▲ $8,474
Total Liabilities and Net Assets / Fund Balance$32,319$42,700▲ $10,381
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kenneth D PollackDirectorPT$40,000$40,000
Beth JacobyRecruiter/Marketing DirectorFT$33,411$33,411
Jodi L FriedOperations Director-$15,500$15,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$216,915
Program Service Revenue
$4,225
Investment Income
$0
Other Revenue
$0
All Other Contributions
$190,168
Change in Net Assets
$8,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$110,437
Salaries, Compensation, and Employee Benefits$102,229
Total Fundraising Expense$2,487
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$54,376--$54,376
Other Salaries and Wages-$51,911-$51,911
Current Officers, Directors, Trustees, and Key Employees$12,000$30,500-$42,500
All Other Expenses$1,174$5,848$2,487$9,509
Office Expenses-$8,375-$8,375
Advertising-$8,372-$8,372
Payroll Taxes-$7,818-$7,818
Conferences and Meetings$7,753--$7,753
Insurance-$3,867-$3,867
Other Expenses$2,000$1,149-$3,149
Travel$2,784--$2,784
Total Functional Expenses$89,189$120,990$2,487$212,666
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liability$10,701
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board of dirctors reviews the salary of other overnight jewish camp directors and cost of living adjustments and performance evaluations to establish camp director and marketing registrar salaries.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board of dirctors reviews the salary of other overnight jewish camp directors and cost of living adjustments and performance evaluations to establish camp director and marketing registrar salaries.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
The Foundation for Sephardic Camp
EIN
26-3877195
Phone
2062572225
Address
PO Box 28511, Seattle, WA 98118

Signing Officer

Name
David Benezra
Title
Vice Chairman
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Jacoby
Formed
2009
Legal Domicile
Wa
Voting Board Members
14
Independent Board Members
12
Employees
6
Volunteers
10

Preparer

Firm
Pangallo & Associates
Address
2731 77TH AVE SE SUITE 102, MERCER ISLAND, WA 98040
Preparer
Marianne Pangallo
Phone
2062819444
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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0RELIGIOUS OVERNIGHT SUMMER CAMP THAT FOCUSES ON THE CULTIVATION AND PRESERVATION OF SEPHARDIC JEWISH IDENTITY THROUGH AN IMMERSIVE CAMPING EXPERIENCE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt023525
IRS990/NetAssetsOrFundBalancesEOYAmt031999
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt054376
IRS990/OccupancyGrp/TotalAmt054376
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08375
IRS990/OfficeExpensesGrp/TotalAmt08375
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0119
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Yearly Programmimng
IRS990/OtherExpensesGrp/Desc1Staffing Fees
IRS990/OtherExpensesGrp/Desc2MANAGEMENT EXPENSES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03150
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11149
IRS990/OtherExpensesGrp/ProgramServicesAmt05021
IRS990/OtherExpensesGrp/ProgramServicesAmt14081
IRS990/OtherExpensesGrp/ProgramServicesAmt22000
IRS990/OtherExpensesGrp/TotalAmt05021
IRS990/OtherExpensesGrp/TotalAmt14081
IRS990/OtherExpensesGrp/TotalAmt23150
IRS990/OtherExpensesGrp/TotalAmt33149
IRS990/OtherLiabilitiesGrp/BOYAmt08794
IRS990/OtherLiabilitiesGrp/EOYAmt010701
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt051911
IRS990/OtherSalariesAndWagesGrp/TotalAmt051911
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07818
IRS990/PayrollTaxesGrp/TotalAmt07818
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0David Jacoby
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CAMPER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04225
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04225
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0168997
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0211562
IRS990/PYProgramServiceRevenueAmt0199254
IRS990/PYRevenuesLessExpensesAmt01755
IRS990/PYSalariesCompEmpBnftPaidAmt0154934
IRS990/PYTotalExpensesAmt0366496
IRS990/PYTotalRevenueAmt0368251
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt08474
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt023525
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt031999
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0190168
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0168997
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0142248
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt057960
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0579373
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0579373
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0190168
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0168997
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0142248
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt057960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/Total509Grp/TotalAmt0579373
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0190168
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0168997
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0142248
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt057960
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0579373
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010701
IRS990ScheduleD/TotalLiabilityAmt010701
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRCTORS REVIEWS THE SALARY OF OTHER OVERNIGHT JEWISH CAMP DIRECTORS AND COST OF LIVING ADJUSTMENTS AND PERFORMANCE EVALUATIONS TO ESTABLISH CAMP DIRECTOR AND MARKETING REGISTRAR SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRCTORS REVIEWS THE SALARY OF OTHER OVERNIGHT JEWISH CAMP DIRECTORS AND COST OF LIVING ADJUSTMENTS AND PERFORMANCE EVALUATIONS TO ESTABLISH CAMP DIRECTOR AND MARKETING REGISTRAR SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management

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