Civic Intelligence

Sadie Grice Funny Scholarship Foundation

EIN 26-4763862 • 501(c)3 • Atlanta, GA

Profile

The sadie grice funny scholarship foundation provides scholarships for students who might otherwise not have the means to pursue, and ultimately achieve, their educational objectives.

1201 West Peachtree Street No 600Atlanta, GA 30309

www.sgfsf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

65.85x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

1.79x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

46th percentile

0.0%

Higher net margin than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

11th percentile

-97%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

364%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$411

Down $13,478 (-97%) from 2016

Liabilities

Down

$27,065

Down $13,478 (-33%) from 2016

Net Assets

Flat

-$26,654

Flat from 2016

Revenue

Up

$15,143

Up $11,876 (+364%) from 2016

Expenses

Up

$15,143

Up $11,325 (+297%) from 2016

Net Income

Up

$0

Up $551 (+100%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20K-$40KAssets 2015: $14,440Liabilities 2015: $40,543Net Assets 2015: -$26,1032015Assets 2016: $13,889Liabilities 2016: $40,543Net Assets 2016: -$26,6542016Assets 2017: $411Liabilities 2017: $27,065Net Assets 2017: -$26,6542017

Highlighted filing

2017

Assets$411
Liabilities$27,065
Net Assets-$26,654

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2015: $26,135Expenses 2015: $16,260Net Income 2015: $9,8752015Revenue 2016: $3,267Expenses 2016: $3,818Net Income 2016: -$5512016Revenue 2017: $15,143Expenses 2017: $15,143Net Income 2017: $02017

Highlighted filing

2017

Revenue$15,143
Expenses$15,143
Net Income$0

Filings

Latest Detailed Filing

The latest 2017 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$26,135
Mission and Program Overview

Mission

The sadie grice funny scholarship foundation provides scholarships for students who might otherwise not have the means to pursue, and ultimately achieve, their educational objectives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,565$14,440▲ $9,875
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-35,978$-26,103▲ $9,875
Total Assets$4,565$14,440▲ $9,875
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,543$40,543→ $0
Total Liabilities$40,543$40,543→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$-35,978$-26,103▲ $9,875
Total Liabilities and Net Assets / Fund Balance$4,565$14,440▲ $9,875
Compensation and Service Providers

Board Members and Trustees

NameTitle
John J FunnyChair of the Board
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$26,135
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$9,875
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,260
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$7,300-$7,300
Other Expenses$8,090$870-$870
Total Functional Expenses$8,090$8,170$0$16,260
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
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The chair of the board has reveiwed form 990 and has approved it.

Form 990, Part VI, Section C, Line 19

These documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sadie Grice Funny Scholarship Foundation
EIN
26-4763862
Phone
4045776300
Address
1201 WEST PEACHTREE STREET NO 600, ATLANTA, GA 30309

Signing Officer

Name
John Funny
Title
Chair of the Board
Phone
4045776300
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Funny
Formed
2009
Legal Domicile
Ga
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Frazier & Deeter LLC
Address
1230 PEACHTREE STREET NE SUITE 1500, ATLANTA, GA 30309
Preparer
Eddie Bradford
Phone
4042537500
Raw XML Appendix259 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/ExplanationTxt1THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
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ReturnHeader/ReturnTs02016-11-15T10:07:49-06:00
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ReturnHeader/TaxYr02015

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