Civic Intelligence

The Hancock Properties Foundation

990 • Fiscal year 2020 • EIN 27-0121577

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 02, 2021

101 West Sandusky Street No 207Findlay, OH 45840

(419) 425-1100

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.24x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

8th percentile

-46%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$192,659

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 52.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

18th percentile

-3.7%

Faster asset growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-30%

Faster revenue growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$3,786,570

Down $145,279 (-3.7%) from 2019

Net Assets

Down

$3,696,065

Down $226,905 (-5.8%) from 2019

Liabilities

Up

$90,505

Up $81,626 (+919%) from 2019

Revenue

Down

$370,235

Down $156,119 (-30%) from 2019

Expenses

Down

$538,695

Down $36,220 (-6.3%) from 2019

Net Income

Down

-$168,460

Down $119,899 (-247%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2019: $3,931,849Liabilities 2019: $8,879Net Assets 2019: $3,922,9702019Assets 2020: $3,786,570Liabilities 2020: $90,505Net Assets 2020: $3,696,0652020Assets 2021: $4,036,681Liabilities 2021: $68,765Net Assets 2021: $3,967,9162021Assets 2022: $3,921,153Liabilities 2022: $57,309Net Assets 2022: $3,863,8442022Assets 2023: $3,901,777Liabilities 2023: $56,947Net Assets 2023: $3,844,8302023Assets 2024: $3,607,509Liabilities 2024: $5,239Net Assets 2024: $3,602,2702024

Highlighted filing

2020

Assets$3,786,570
Liabilities$90,505
Net Assets$3,696,065

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $526,354Expenses 2019: $574,915Net Income 2019: -$48,5612019Revenue 2020: $370,235Expenses 2020: $538,695Net Income 2020: -$168,4602020Revenue 2021: $839,587Expenses 2021: $567,873Net Income 2021: $271,7142021Revenue 2022: $621,225Expenses 2022: $725,676Net Income 2022: -$104,4512022Revenue 2023: $601,267Expenses 2023: $635,988Net Income 2023: -$34,7212023Revenue 2024: $535,910Expenses 2024: $696,816Net Income 2024: -$160,9062024

Highlighted filing

2020

Revenue$370,235
Expenses$538,695
Net Income-$168,460
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 2, 2021
Return Version
2020v4.1
Gross Receipts
$370,241
Mission and Program Overview

Mission

The organization assists charitable organizations in hancock county by providing affordable rental space for their administrative, management and operational activities in general support of the findlay-hancock county community foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,824,292$3,641,642▼ $182,650
Cash and Non-Interest-Bearing Accounts$104,004$141,345▲ $37,341
Prepaid Expenses and Deferred Charges$3,553$3,583▲ $30
Total Assets$3,931,849$3,786,570▼ $145,279
Liabilities
Other Liabilities$0$58,509▲ $58,509
Unsecured Notes Loans Payable$0$24,427▲ $24,427
Accounts Payable and Accrued Expenses$8,879$7,569▼ $1,310
Total Liabilities$8,879$90,505▲ $81,626
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,922,970$3,696,065▼ $226,905
Total Net Assets Fund Balance$3,922,970$3,696,065▼ $226,905
Total Liabilities and Net Assets / Fund Balance$3,931,849$3,786,570▼ $145,279

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,414,407$1,970,104$5,384,511
Equipment$75,335$133,616$208,951
Land$151,900-$151,900
Compensation and Service Providers

Employees

NameTitleOtherTotal
Brian TreeceSecretary$117,560$117,560

Board Members and Trustees

NameTitle
Patty LucasChairperson
Bob DoxseyTrustee
Cheryl Buckland-manleyTrustee
Dave HealyTrustee
Ed ReadingTrustee
Molly BensonTrustee
Richard KirkTrustee
Katherine KreuchaufSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$53,376
Program Service Revenue
$306,292
Investment Income
$1
Other Revenue
$10,566
All Other Contributions
$53,376
Change in Net Assets
$-168,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$413,757
Salaries, Compensation, and Employee Benefits$124,938
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$182,651--$182,651
Occupancy$129,905--$129,905
Other Salaries and Wages$103,245--$103,245
Fees for Services Other$70,160--$70,160
Office Expenses$21,657--$21,657
Payroll Taxes$9,860--$9,860
Other Employee Benefits$8,194--$8,194
Pension Plan Contributions$3,639--$3,639
Information Technology$3,570--$3,570
Fees for Services Accounting$3,446--$3,446
Advertising$665--$665
Other Expenses$199--$199
Conferences and Meetings$130--$130
Fees for Service Investment Mgmnt Fees$1--$1
Total Functional Expenses$538,695$0$0$538,695
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Program Related Investment$58,463
Long Term Disability Insurance$46
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is emailed to the board. The board is asked to review the 990 within 10 days and provide any questions to the organization's chief financial officer.

Form 990, Part VI, Section B, Line 12C

Annually officers, trustees, and employees are provided a copy of the organization's conflict of interest, confidentiality, and ethical principals policy. Trustees are asked to review the policy and sign a statement of affirmation regarding the policy and complete a conflict of interest disclosure statement. The completed forms are reviewed for any possible conflicts.

Form 990, Part VI, Section C, Line 18

The organization's 990 is included on its supported organization's website. The organization's financial information is included in the consolidated audited financial statements of its supported organization, the findlay-hancock county community foundation. In addition, the consolidated audited financial statements and the 990s are povided upon request.

Form 990, Part VI, Section C, Line 19

The organization has not had any requests for its governing documents. The organization's supported organization has an audit committee that asssumes responsibility for oversight of the audit and selection and recommendation to the board of the hiring of an independent accountant firm to coduct the annual audit.

Filing and Contact Details

Filer

Filer Name
The Hancock Properties Foundation
EIN
27-0121577
Phone
4194251100
Address
101 WEST SANDUSKY STREET NO 207, FINDLAY, OH 45840

Signing Officer

Name
Richard Brown
Title
Chief Financial Officer
Phone
4194251100
Signed
2021-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Treece
Formed
2006
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
7
Employees
3
Volunteers
7

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 SW ADAMS STREET SUITE 1000, PEORIA, IL 61602
Preparer
Andrew Smith CPA
Phone
3096714500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Security: program service expenses 70,160. Management and general expenses 0. Fundraising expenses 0. Total expenses 70,160.

FORM 990, PART XII, LINE 2C:

The process has not changed since the prior year.

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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0341713261
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0279048
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0279048
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03414407
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01970104
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05384511
IRS990ScheduleD/EquipmentGrp/BookValueAmt075335
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0133616
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0208951
IRS990ScheduleD/LandGrp/BookValueAmt0151900
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0151900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt046
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt158463
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LONG TERM DISABILITY INSURANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PROGRAM RELATED INVESTMENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03641642
IRS990ScheduleD/TotalLiabilityAmt058509
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt010109
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0157095
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt06955
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt018500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KATHERINE KREUCHAUF
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0192659
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS EMAILED TO THE BOARD. THE BOARD IS ASKED TO REVIEW THE 990 WITHIN 10 DAYS AND PROVIDE ANY QUESTIONS TO THE ORGANIZATION'S CHIEF FINANCIAL OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY OFFICERS, TRUSTEES, AND EMPLOYEES ARE PROVIDED A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST, CONFIDENTIALITY, AND ETHICAL PRINCIPALS POLICY. TRUSTEES ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT OF AFFIRMATION REGARDING THE POLICY AND COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE COMPLETED FORMS ARE REVIEWED FOR ANY POSSIBLE CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S 990 IS INCLUDED ON ITS SUPPORTED ORGANIZATION'S WEBSITE. THE ORGANIZATION'S FINANCIAL INFORMATION IS INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF ITS SUPPORTED ORGANIZATION, THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION. IN ADDITION, THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS AND THE 990S ARE POVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS NOT HAD ANY REQUESTS FOR ITS GOVERNING DOCUMENTS. THE ORGANIZATION'S SUPPORTED ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION AND RECOMMENDATION TO THE BOARD OF THE HIRING OF AN INDEPENDENT ACCOUNTANT FIRM TO CODUCT THE ANNUAL AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SECURITY: PROGRAM SERVICE EXPENSES 70,160. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,160.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341713261
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0GRANTMAKING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 8
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0101 W SANDUSKY STREET SUITE 207
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FINDLAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd045840
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt053376
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1279048
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1S
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00

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