Civic Intelligence

Forgotten Founders Inc

990 • Fiscal year 2016 • EIN 26-3936064

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 25, 2017

21 Stott AvenueNorwich, CT 06360

(860) 889-3825

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-5028%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$375

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 1293.1% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

41st percentile

-2.2%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-75%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$65,585

Down $1,458 (-2.2%) from 2015

Net Assets

Down

$65,585

Down $1,458 (-2.2%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$29

Down $88 (-75%) from 2015

Expenses

Down

$1,487

Down $1,234 (-45%) from 2015

Net Income

Up

-$1,458

Up $1,146 (+44%) from 2015

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2014: $69,647Liabilities 2014: $0Net Assets 2014: $69,6472014Assets 2015: $67,043Liabilities 2015: $0Net Assets 2015: $67,0432015Assets 2016: $65,585Liabilities 2016: $0Net Assets 2016: $65,5852016Assets 2017: $64,468Liabilities 2017: $0Net Assets 2017: $64,4682017Assets 2018: $63,009Liabilities 2018: $0Net Assets 2018: $63,0092018Assets 2019: $62,477Liabilities 2019: $0Net Assets 2019: $62,4772019Assets 2020: $62,470Liabilities 2020: $0Net Assets 2020: $62,4702020Assets 2021: $62,412Liabilities 2021: $0Net Assets 2021: $62,4122021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2016

Assets$65,585
Liabilities$0
Net Assets$65,585

Operations Trend

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

$20K$10K$0-$10K-$20KRevenue 2014: $137Expenses 2014: $4,941Net Income 2014: -$4,8042014Revenue 2015: $117Expenses 2015: $2,721Net Income 2015: -$2,6042015Revenue 2016: $29Expenses 2016: $1,487Net Income 2016: -$1,4582016Revenue 2017: $6Expenses 2017: $1,107Net Income 2017: -$1,1012017Revenue 2018: $10Expenses 2018: $1,599Net Income 2018: -$1,5892018Revenue 2019: $10Expenses 2019: $914Net Income 2019: -$9042019Revenue 2020: $9Expenses 2020: $16Net Income 2020: -$72020Revenue 2021: $5Expenses 2021: $63Net Income 2021: -$582021Revenue 2022: $4Expenses 2022: $12,390Net Income 2022: -$12,3862022

Highlighted filing

2016

Revenue$29
Expenses$1,487
Net Income-$1,458
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 25, 2017
Return Version
2016v3.0
Gross Receipts
$33
Mission and Program Overview

Mission

This organization was formed

This organization was formed to preserve and maintain a repository of official documents and information of the fourteen men who served as President of the Continental Congress during the American Revolution.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$67,043$65,585▼ $1,458
Investments Program Related$33,740$33,740→ $0
Inventories for Sale or Use$16,209$16,205▼ $4
Savings and Temporary Cash Investments$16,571$9,604▼ $6,967
Cash and Non-Interest-Bearing Accounts$523$6,036▲ $5,513
Total Assets$67,043$65,585▼ $1,458
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$67,043$65,585▼ $1,458
Total Liabilities and Net Assets / Fund Balance$67,043$65,585▼ $1,458

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$33,740--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peter W Maneri JrTreasurerPT$375$375

Board Members and Trustees

NameTitle
William a StanleyPresident
Denison GibbsVice-President
Charles DalyAssist. Secretary
Patricia WilliamsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$13
Other Revenue
$16
Change in Net Assets
$-1,458
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,112
Salaries, Compensation, and Employee Benefits$375
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$0$612$0$612
Current Officers, Directors, Trustees, and Key Employees$0$375$0$375
Advertising$0$107$0$107
Other Expenses$0$65$0$65
All Other Expenses$4$0$0$4
Total Functional Expenses$4$1,483$0$1,487
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
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 9

Denison Gibbs 236 Harland Rd Norwich CT 06360

Form 990, Part VI, Line 9

William A. Stanley 37 Westwood Dr Waterford CT 06385

Form 990, Part VI, Line 9

Patricia Williams 22 Harland Pl Norwich CT 06360

Form 990, Part VI, Line 9

Charles Daly 60 Elm Street Canton MA 02021

Filing and Contact Details

Filer

Filer Name
Forgotten Founders Inc
EIN
26-3936064
Phone
8608893825
Address
21 Stott Avenue, Norwich, CT 06360

Signing Officer

Name
Dennison Gibbs
Title
Vice President
Phone
8608893825
Signed
2017-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William a Stanley
Formed
2008
Legal Domicile
Ct
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
5

Preparer

Firm
Peter Wm Maneri Jr LLC
Address
21 STOTT AVENUE, NORWICH, CT 06360-1507
Preparer
Peter Wm Maneri Jrcpa LLC
Phone
8608893825
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

There were no committees

Pt VI, Line 11B

A copy is available for review to all Board members at the next meeting.

Form 990, Part IX, Line 24E

Sales tax 4. 4. 0. 0.

Raw XML Appendix325 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Denison Gibbs 236 Harland Rd Norwich CT 06360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3William A. Stanley 37 Westwood Dr Waterford CT 06385
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Patricia Williams 22 Harland Pl Norwich CT 06360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Charles Daly 60 Elm Street Canton MA 02021
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ReturnHeader/PreparerPersonGrp/PhoneNum08608893825
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER WM MANERI JRCPA LLC
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-08T07:01:10-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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