Civic Intelligence

Richard Desich Foundation

990PF • Fiscal year 2011 • EIN 26-4308958

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 12, 2012

Organization Profile
Foundation Source 501 Silverside Rd19809-1377
Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2011 filings • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

65th percentile

$0

Higher top officer pay than 65% of similar nonprofits.

2011 filings • $1M-$5M nonprofits • Source year 2011

Asset Growth

93rd percentile

46%

Faster asset growth than 93% of similar nonprofits.

2011 filings • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$1,468,056

Up $464,101 (+46%) from 2010

Net Assets

Up

$1,468,056

Up $464,101 (+46%) from 2010

Liabilities

Flat

$0

Flat from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$718,045

Up $118,553 (+20%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$10M$5.0M$0Assets 2010: $1,003,955Liabilities 2010: $0Net Assets 2010: $1,003,9552010Assets 2011: $1,468,056Liabilities 2011: $0Net Assets 2011: $1,468,0562011Assets 2012: $1,745,358Liabilities 2012: $0Net Assets 2012: $1,745,3582012Assets 2013: $1,983,720Liabilities 2013: $0Net Assets 2013: $1,983,7202013Assets 2014: $1,601,963Liabilities 2014: $0Net Assets 2014: $1,601,9632014Assets 2015: $2,443,356Liabilities 2015: $0Net Assets 2015: $2,443,3562015Assets 2016: $2,715,058Liabilities 2016: $0Net Assets 2016: $2,715,0582016Assets 2017: $2,846,143Liabilities 2017: $0Net Assets 2017: $2,846,1432017Assets 2018: $2,293,506Liabilities 2018: $0Net Assets 2018: $2,293,5062018Assets 2019: $3,041,660Liabilities 2019: $0Net Assets 2019: $3,041,6602019Assets 2020: $3,271,493Liabilities 2020: $0Net Assets 2020: $3,271,4932020Assets 2021: $3,475,387Liabilities 2021: $0Net Assets 2021: $3,475,3872021Assets 2022: $3,607,266Liabilities 2022: $0Net Assets 2022: $3,607,2662022Assets 2023: $8,678,972Liabilities 2023: $0Net Assets 2023: $8,678,9722023Assets 2024: $8,252,598Liabilities 2024: $29,642Net Assets 2024: $8,222,9562024

Highlighted filing

2011

Assets$1,468,056
Liabilities$0
Net Assets$1,468,056
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $599,4922010Expenses 2011: $718,0452011Expenses 2012: $930,8282012Revenue 2013: $1,174,980Expenses 2013: $936,618Net Income 2013: $238,3622013Revenue 2014: $509,456Expenses 2014: $891,213Net Income 2014: -$381,7572014Revenue 2015: $2,091,762Expenses 2015: $1,250,369Net Income 2015: $841,3932015Revenue 2016: $1,283,270Expenses 2016: $1,011,568Net Income 2016: $271,7022016Revenue 2017: $1,234,987Expenses 2017: $1,103,902Net Income 2017: $131,0852017Revenue 2018: $550,270Expenses 2018: $1,102,907Net Income 2018: -$552,6372018Revenue 2019: $1,910,172Expenses 2019: $1,162,018Net Income 2019: $748,1542019Revenue 2020: $1,225,053Expenses 2020: $995,220Net Income 2020: $229,8332020Revenue 2021: $1,695,020Expenses 2021: $1,491,126Net Income 2021: $203,8942021Revenue 2022: $674,998Expenses 2022: $543,119Net Income 2022: $131,8792022Revenue 2023: $5,774,789Expenses 2023: $703,083Net Income 2023: $5,071,7062023Revenue 2024: $281,142Expenses 2024: $737,158Net Income 2024: -$456,0162024

Highlighted filing

2011

Revenue-
Expenses$718,045
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 12, 2012
Return Version
2011v1.2
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard DesichPresident / Director / Secretary-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantLORAIN COUNTY COMMUNITY COLLEGE FDNCapital CampaignN/AELYRIA, OH, US$500,000
Filing and Contact Details

Filer

EIN
26-4308958
Raw XML Appendix243 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
InvestmentsOtherSchedule2/InvestmentsOther/BookValue01461032
InvestmentsOtherSchedule2/InvestmentsOther/CategoryOrItem0PACIFIC LIFE - POLICY VF51918560
InvestmentsOtherSchedule2/InvestmentsOther/EOYFMV0976215
IRS990PF/AnalysisIncomeProducingActy/GainSalesAssetsOthThanInvntry/ExclusionAmount0-2220
IRS990PF/AnalysisIncomeProducingActy/GainSalesAssetsOthThanInvntry/ExclusionCode018
IRS990PF/AnalysisIncomeProducingActy/IntOnSavingsAndTempCashInvst/ExclusionAmount0249
IRS990PF/AnalysisIncomeProducingActy/IntOnSavingsAndTempCashInvst/ExclusionCode014
IRS990PF/AnalysisIncomeProducingActy/SubtotalsPartXVIA/ExclusionAmount0-1971
IRS990PF/AnalysisIncomeProducingActy/TotalPartXVIA0-1971
IRS990PF/AnalysisOfRevenueAndExpenses/CapitalGainNetIncmNetInvstIncm0476180
IRS990PF/AnalysisOfRevenueAndExpenses/ContriGiftsPaidDsbrsChrtblPrps0500000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriGiftsPaidRevAndExpnss0500000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriReceivedRevAndExpnss01184117
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessOfRevenueOverExpenses0464101
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPrice0506990
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavingsNetInvstIncm0249
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavingsRevAndExpnss0249
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAssetsRevAndExpnss0-2220
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncome0476429
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblPrps04093
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnss0217940
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnss0105
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblPrps0504093
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncm00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnss0718045
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvestmentIncome0476429
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevenueAndExpenses01182146
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblPrps04093
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncm00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnss0218045
IRS990PF/BalanceSheets/InvestmentsOtherBOY0999972
IRS990PF/BalanceSheets/InvestmentsOtherEOY01461032
IRS990PF/BalanceSheets/InvestmentsOtherEOYFMV0976215
IRS990PF/BalanceSheets/OrgThatDoNotFollowSFAS1170X
IRS990PF/BalanceSheets/RetainedEarningsBOY01003955
IRS990PF/BalanceSheets/RetainedEarningsEOY01468056
IRS990PF/BalanceSheets/SavingsAndTempCashInvstBOY03983
IRS990PF/BalanceSheets/SavingsAndTempCashInvstEOY07024
IRS990PF/BalanceSheets/SavingsAndTempCashInvstEOYFMV07024
IRS990PF/BalanceSheets/TotalAssetsBOY01003955
IRS990PF/BalanceSheets/TotalAssetsEOY01468056
IRS990PF/BalanceSheets/TotalAssetsEOYFMV0983239
IRS990PF/BalanceSheets/TotalLiabilitiesEOY00
IRS990PF/BalanceSheets/TotalLiabilitiesNetAssetsBOY01003955
IRS990PF/BalanceSheets/TotalLiabilitiesNetAssetsEOY01468056
IRS990PF/BalanceSheets/TotalNetAssetsBOY01003955
IRS990PF/BalanceSheets/TotalNetAssetsEOY01468056
IRS990PF/CapitalGainsAndLosses/CapitalGainNetIncome0476180
IRS990PF/CapitalGainsAndLosses/CapitalGainsAndLossesInfo/CostOrOtherBasis030810
IRS990PF/CapitalGainsAndLosses/CapitalGainsAndLossesInfo/DescriptionOfAsset0Publicly-traded Securities
IRS990PF/CapitalGainsAndLosses/CapitalGainsAndLossesInfo/GainOrLoss0476180
IRS990PF/CapitalGainsAndLosses/CapitalGainsAndLossesInfo/GainsMinusExcessOrLosses0476180
IRS990PF/CapitalGainsAndLosses/CapitalGainsAndLossesInfo/GrossSalesPrice0506990
IRS990PF/ChangesInNetAssetsFundBalances/ExcessOfRevenueOverExpenses0464101
IRS990PF/ChangesInNetAssetsFundBalances/Subtotal01468056
IRS990PF/ChangesInNetAssetsFundBalances/TotalNetAssetsFundBalancesBOY01003955
IRS990PF/ChangesInNetAssetsFundBalances/TotalNetAssetsFundBalancesEOY01468056
IRS990PF/DistributableAmount/DistributableAmountAsAdjusted038845
IRS990PF/DistributableAmount/DistributableAmountBeforeAdj038845
IRS990PF/DistributableAmount/DistributableAmountBeforeDed038845
IRS990PF/DistributableAmount/MinimumInvestmentReturn048374
IRS990PF/DistributableAmount/TaxBasedOnInvestmentIncome09529
IRS990PF/DistributableAmount/TotalTax09529
IRS990PF/ExciseTaxBasedOnInvestmentIncm/AmountCreditedToNextYear0869
IRS990PF/ExciseTaxBasedOnInvestmentIncm/EstTaxPaymentsAndOverpayment0100
IRS990PF/ExciseTaxBasedOnInvestmentIncm/Form2220Attached0X
IRS990PF/ExciseTaxBasedOnInvestmentIncm/InvestmentIncomeExciseTax09529
IRS990PF/ExciseTaxBasedOnInvestmentIncm/Overpayment0869
IRS990PF/ExciseTaxBasedOnInvestmentIncm/Subtotal09529
IRS990PF/ExciseTaxBasedOnInvestmentIncm/TaxBasedOnInvestmentIncome09529
IRS990PF/ExciseTaxBasedOnInvestmentIncm/TaxPaidOriginalReturn010398
IRS990PF/ExciseTaxBasedOnInvestmentIncm/TaxPaidWithExtension010298
IRS990PF/ExciseTaxBasedOnInvestmentIncm/TotalCreditsAndPayments010398
IRS990PF/ExemptPF0X
IRS990PF/FMVAssetsEOY0983239
IRS990PF/MethodOfAccountingCash0X
IRS990PF/MinimumInvestmentReturn/AdjTotalFMVOfUnusedAssets0982212
IRS990PF/MinimumInvestmentReturn/AvgMonthlyCashBalances05997
IRS990PF/MinimumInvestmentReturn/AvgMonthlyFMVOfSecurities00
IRS990PF/MinimumInvestmentReturn/CashDeemedCharitable014733
IRS990PF/MinimumInvestmentReturn/FMVAllOtherNoncharitableAssets0976215
IRS990PF/MinimumInvestmentReturn/MinimumInvestmentReturn048374
IRS990PF/MinimumInvestmentReturn/NetNoncharitableAssets0967479
IRS990PF/MinimumInvestmentReturn/TotalFMVOfUnusedAssets0982212
IRS990PF/OfcrDirTrusteesKeyEmployeeInfo/CompOfHighestPaidEmplNONE0NONE
IRS990PF/OfcrDirTrusteesKeyEmployeeInfo/OfcrDirTrusteesOrKeyEmployee/AvgHoursPerWkDevotedToPosition0001.00
IRS990PF/OfcrDirTrusteesKeyEmployeeInfo/OfcrDirTrusteesOrKeyEmployee/Compensation00
IRS990PF/OfcrDirTrusteesKeyEmployeeInfo/OfcrDirTrusteesOrKeyEmployee/PersonName0Richard Desich
IRS990PF/OfcrDirTrusteesKeyEmployeeInfo/OfcrDirTrusteesOrKeyEmployee/Title0President / Director / Secretary
IRS990PF/OfcrDirTrusteesKeyEmployeeInfo/OfcrDirTrusteesOrKeyEmployee/USAddress/AddressLine10Foundation Source 501 Silverside Rd
IRS990PF/OfcrDirTrusteesKeyEmployeeInfo/OfcrDirTrusteesOrKeyEmployee/USAddress/City0Wilmington
IRS990PF/OfcrDirTrusteesKeyEmployeeInfo/OfcrDirTrusteesOrKeyEmployee/USAddress/State0DE
IRS990PF/OfcrDirTrusteesKeyEmployeeInfo/OfcrDirTrusteesOrKeyEmployee/USAddress/ZIPCode019809
IRS990PF/QlfyUndSect4940eForReducedTax/AdjNonchrtblAssetsAndOnePct01733187
IRS990PF/QlfyUndSect4940eForReducedTax/AdjustedNoncharitableAssets01728423
IRS990PF/QlfyUndSect4940eForReducedTax/AverageDistributionRatio0001.786522
IRS990PF/QlfyUndSect4940eForReducedTax/DistributionRatioYear10000.004970
IRS990PF/QlfyUndSect4940eForReducedTax/DistributionRatioYear20003.568073
IRS990PF/QlfyUndSect4940eForReducedTax/LiableFor4942Tax0false
IRS990PF/QlfyUndSect4940eForReducedTax/NetNoncharitableAssets0967479
IRS990PF/QlfyUndSect4940eForReducedTax/NoncharitableAssetsYear10512231
IRS990PF/QlfyUndSect4940eForReducedTax/NoncharitableAssetsYear201873
IRS990PF/QlfyUndSect4940eForReducedTax/OnePercentNetInvestmentIncome04764
IRS990PF/QlfyUndSect4940eForReducedTax/QualifyingDistributions0504093
IRS990PF/QlfyUndSect4940eForReducedTax/QualifyingDistributionsYear102546
IRS990PF/QlfyUndSect4940eForReducedTax/QualifyingDistributionsYear206683
IRS990PF/QlfyUndSect4940eForReducedTax/TotalDistributionRatio0003.573043
IRS990PF/QualifyingDistributions/AdjQualifyingDistributions0504093
IRS990PF/QualifyingDistributions/ExpensesAndContributions0504093
IRS990PF/QualifyingDistributions/QualifyingDistributions0504093
IRS990PF/StatementsRegardingActivities/ActivitiesNotPrevReported0false
IRS990PF/StatementsRegardingActivities/ApplicableInsuranceContract0false
IRS990PF/StatementsRegardingActivities/AtLeast5000InAssets0true
IRS990PF/StatementsRegardingActivities/BooksInCareOfBusinessName/BusinessNameLine10Foundation Source
IRS990PF/StatementsRegardingActivities/BooksInCareOfPhoneNumber08008391754
IRS990PF/StatementsRegardingActivities/BooksInCareOfUSAddress/AddressLine10501 Silverside Road Suite 123
IRS990PF/StatementsRegardingActivities/BooksInCareOfUSAddress/City0Wilmington
IRS990PF/StatementsRegardingActivities/BooksInCareOfUSAddress/State0DE
IRS990PF/StatementsRegardingActivities/BooksInCareOfUSAddress/ZIPCode0198091377
IRS990PF/StatementsRegardingActivities/ChangesToArticlesOrBylaws0false
IRS990PF/StatementsRegardingActivities/ComplyWithPublicInspectionRqr0true
IRS990PF/StatementsRegardingActivities/ForeignBank0false
IRS990PF/StatementsRegardingActivities/Form1120POLFiled0false
IRS990PF/StatementsRegardingActivities/Form990PFFiledWithAG0true
IRS990PF/StatementsRegardingActivities/InterestInControlledEntity0false
IRS990PF/StatementsRegardingActivities/LegislativePoliticalActivities0false
IRS990PF/StatementsRegardingActivities/MoreThan100Spent0false
IRS990PF/StatementsRegardingActivities/NewSubstantialContributors0false
IRS990PF/StatementsRegardingActivities/PrivateOperatingFoundation0false
IRS990PF/StatementsRegardingActivities/RequirementsOfSect508e0true
IRS990PF/StatementsRegardingActivities/TerminationEtc0true
IRS990PF/StatementsRegardingActivities/UnrelatedBusIncomeOver10000false
IRS990PF/StatementsRegardingActy4720/BorrowOrLendWithDsqflyPerson0false
IRS990PF/StatementsRegardingActy4720/BusinessHoldings0false
IRS990PF/StatementsRegardingActy4720/FurnishedGoodsWithDsqflyPerson0false
IRS990PF/StatementsRegardingActy4720/GrantsToIndividuals0false
IRS990PF/StatementsRegardingActy4720/GrantsToOrganizations0false
IRS990PF/StatementsRegardingActy4720/InfluenceElection0false
IRS990PF/StatementsRegardingActy4720/InfluenceLegislation0false
IRS990PF/StatementsRegardingActy4720/JeopardyInvestments0false
IRS990PF/StatementsRegardingActy4720/NoncharitablePurpose0false
IRS990PF/StatementsRegardingActy4720/PayCompensationToDsqflyPerson0false
IRS990PF/StatementsRegardingActy4720/PaymentToGovernmentOffical0false
IRS990PF/StatementsRegardingActy4720/PayPremiumsPrsnlBnftContract0false
IRS990PF/StatementsRegardingActy4720/ProceedsOrNetIncome0true
IRS990PF/StatementsRegardingActy4720/ProhibitedTaxShelterTransactn0false
IRS990PF/StatementsRegardingActy4720/SaleOrExchangeWithDsqflyPerson0false
IRS990PF/StatementsRegardingActy4720/TransferAssetsToDsqflyPerson0false
IRS990PF/StatementsRegardingActy4720/UncorrectedJeopardyInvestments0false
IRS990PF/StatementsRegardingActy4720/UncorrectedPriorActs0false
IRS990PF/StatementsRegardingActy4720/UndistributedIncomePriorYears0false
IRS990PF/SupplementaryInformation/ContributingManager0Richard Desich
IRS990PF/SupplementaryInformation/GrantOrContriPaidDuringYear/Amount0500000
IRS990PF/SupplementaryInformation/GrantOrContriPaidDuringYear/PurposeOfGrantOrContribution0Capital Campaign
IRS990PF/SupplementaryInformation/GrantOrContriPaidDuringYear/RecipientBusinessName/BusinessNameLine10LORAIN COUNTY COMMUNITY COLLEGE FDN
IRS990PF/SupplementaryInformation/GrantOrContriPaidDuringYear/RecipientFoundationStatus0N/A
IRS990PF/SupplementaryInformation/GrantOrContriPaidDuringYear/RecipientRelationship0N/A
IRS990PF/SupplementaryInformation/GrantOrContriPaidDuringYear/RecipientUSAddress/AddressLine101005 N ABBE RD
IRS990PF/SupplementaryInformation/GrantOrContriPaidDuringYear/RecipientUSAddress/City0ELYRIA
IRS990PF/SupplementaryInformation/GrantOrContriPaidDuringYear/RecipientUSAddress/State0OH
IRS990PF/SupplementaryInformation/GrantOrContriPaidDuringYear/RecipientUSAddress/ZIPCode044035
IRS990PF/SupplementaryInformation/OnlyContributesToPreselected0X
IRS990PF/SupplementaryInformation/TotGrantOrContriPaidDuringYear0500000
IRS990PF/TrnsfrTrRlnWithNoncharitableEO/LoansOrLoanGuarantees0false
IRS990PF/TrnsfrTrRlnWithNoncharitableEO/PerformanceOfServicesEtc0false
IRS990PF/TrnsfrTrRlnWithNoncharitableEO/PurchaseAssetsNoncharitableEO0false
IRS990PF/TrnsfrTrRlnWithNoncharitableEO/ReimbursementArrangements0false
IRS990PF/TrnsfrTrRlnWithNoncharitableEO/RelationshipsNoncharitableEOs0false
IRS990PF/TrnsfrTrRlnWithNoncharitableEO/RentalOfFacilitiesEtc0false
IRS990PF/TrnsfrTrRlnWithNoncharitableEO/SalesOrExchangesOfAssets0false
IRS990PF/TrnsfrTrRlnWithNoncharitableEO/SharingOfFacilitiesEtc0false
IRS990PF/TrnsfrTrRlnWithNoncharitableEO/TrnsfrOfCashToNoncharitableEO0false
IRS990PF/TrnsfrTrRlnWithNoncharitableEO/TrnsfrOthAssetsNoncharitableEO0false
IRS990PF/UndistributedIncome/AppliedToCurrentYear038845
IRS990PF/UndistributedIncome/AppliedToYear1016459
IRS990PF/UndistributedIncome/DistributableAmountAsAdjusted038845
IRS990PF/UndistributedIncome/ExcessDistriCyovToNextYear0448789
IRS990PF/UndistributedIncome/ExcessFromCurrentYear0448789
IRS990PF/UndistributedIncome/QualifyingDistributions0504093
IRS990PF/UndistributedIncome/RemainingDistriFromCorpus0448789
IRS990PF/UndistributedIncome/TotalCorpus0448789
IRS990PF/UndistributedIncome/UndistributedIncomeCY00
IRS990PF/UndistributedIncome/UndistributedIncomePriorYear016459
IRS990ScheduleB/ContributorInfo/AggregateContributions01184117
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1012110 Sunnydale Dr
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0Wellington
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0FL
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode033414
IRS990ScheduleB/ContributorInfo/ContributorNameIndividual0Desich Richard
IRS990ScheduleB/ContributorInfo/ContributorNumber00001
IRS990ScheduleB/ContributorInfo/NoncashContributionType0X
IRS990ScheduleB/ContributorInfo/PersonContributionType0X
IRS990ScheduleB/GeneralRule0X
IRS990ScheduleB/NoncashProperty/ContributorNumberFromPartI00001
IRS990ScheduleB/NoncashProperty/DateReceived02011-06-08
IRS990ScheduleB/NoncashProperty/FairMarketValue0509210
IRS990ScheduleB/NoncashProperty/NoncashPropertyDescription0Diamond Hill Investment Group Inc
IRS990ScheduleB/Organization501c3ExemptPF0X
LiquidationExplanationStmt/Statement0This statement is submitted to report the distribution of certain assets during the above-referenced year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3a1 and the Form 990-PF instructions During the taxable year ending December 31, 2011, Richard Desich Foundation the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled 504,093. This amount represents over 25 of the Foundations net assets of 519,138 as measured by fair market value at the beginning of the Foundations taxable year ending December 31, 2011. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a each such grant was made solely for the charitable purpose specified therein.
OtherExpensesSchedule/OtherExpenses/Description0Administrative Fees
OtherExpensesSchedule/OtherExpenses/Description1Premium payment for foundationowned life insurance
OtherExpensesSchedule/OtherExpenses/Description2State or Local Filing Fees
OtherExpensesSchedule/OtherExpenses/DisbursementsCharitablePrps04068
OtherExpensesSchedule/OtherExpenses/DisbursementsCharitablePrps125
OtherExpensesSchedule/OtherExpenses/RevenueAndExpensesPerBooks04068
OtherExpensesSchedule/OtherExpenses/RevenueAndExpensesPerBooks1213847
OtherExpensesSchedule/OtherExpenses/RevenueAndExpensesPerBooks225
TaxesSchedule/Taxes/AdjustedNetIncome00
TaxesSchedule/Taxes/AdjustedNetIncome10
TaxesSchedule/Taxes/Amount0100
TaxesSchedule/Taxes/Amount15
TaxesSchedule/Taxes/Category0Estimated Tax for 2011
TaxesSchedule/Taxes/Category1Excise Tax for 2010
TaxesSchedule/Taxes/DisbursementsCharitablePrps00
TaxesSchedule/Taxes/DisbursementsCharitablePrps10
TaxesSchedule/Taxes/NetInvestmentIncome00
TaxesSchedule/Taxes/NetInvestmentIncome10
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0264308958
ReturnHeader/Filer/Name/BusinessNameLine10Richard Desich Foundation
ReturnHeader/Filer/NameControl0RICH
ReturnHeader/Filer/Phone08008391754
ReturnHeader/Filer/USAddress/AddressLine10Foundation Source 501 Silverside Rd
ReturnHeader/Filer/USAddress/City0Wilmington
ReturnHeader/Filer/USAddress/State0DE
ReturnHeader/Filer/USAddress/ZIPCode0198091377
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02012-11-12
ReturnHeader/Officer/Name0Richard Desich
ReturnHeader/Officer/Title0President
ReturnHeader/Preparer/DatePrepared02012-11-12
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10Foundation Source
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1055 Walls Drive
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Fairfield
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0CT
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode006824
ReturnHeader/Preparer/Name0Jeffrey D Haskell
ReturnHeader/Preparer/Phone08008391754
ReturnHeader/ReturnType0990PF
ReturnHeader/TaxPeriodBeginDate02011-01-01
ReturnHeader/TaxPeriodEndDate02011-12-31
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-11-12T15:02:35-00:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,468,056
Liabilities
$0
Net assets
$1,468,056
Revenue
-
Expenses
$718,045
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.25$0.03$8.22$0.28$0.74$0.46
2023Detailed filing. Detailed filing data is available for this year.$8.68$0.00$8.68$5.77$0.70$5.07
2022Detailed filing. Detailed filing data is available for this year.$3.61$0.00$3.61$0.67$0.54$0.13
2021Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$1.70$1.49$0.20
2020Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.27$1.23$1.00$0.23
2019Detailed filing. Detailed filing data is available for this year.$3.04$0.00$3.04$1.91$1.16$0.75
2018Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$0.55$1.10$0.55
2017Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$1.23$1.10$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.72$0.00$2.72$1.28$1.01$0.27
2015Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.44$2.09$1.25$0.84
2014Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.51$0.89$0.38
2013Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$1.17$0.94$0.24
2012Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$0.93
2011Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.72
2010Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.60