Civic Intelligence

Ibellieve Foundation Co Jacob a Lohr

EIN 27-0350600 • 501(c)3 • Chapel Hill, NC

Profile

To raise funds to support education and research for new therapies for Mucopolysaccharidosis type II (MPS II), also know as Hunter Syndrome

325 Oxfordshire LaneChapel Hill, NC 27517

www.ibellieve.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

1st percentile

-1625660%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

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 2015

Asset Growth

13th percentile

-87%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$12,401

Down $81,283 (-87%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

Down

$12,401

Down $81,283 (-87%) from 2014

Operations
Liabilities / Revenue62nd percentileNet Margin1st percentile

Revenue

Down

$5

Down $99,997 (-100%) from 2014

Expenses

Up

$81,288

Up $62,196 (+326%) from 2014

Net Income

Down

-$81,283

Down $162,193 (-200%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

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

$100K$50K$0Assets 2014: $93,684Liabilities 2014: $0Net Assets 2014: $93,6842014Assets 2015: $12,401Liabilities 2015: $0Net Assets 2015: $12,4012015

Highlighted filing

2015

Assets$12,401
Liabilities$0
Net Assets$12,401
Open 2015 Filing

Operations Trend

Revenue Growth3rd percentile

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

$150K$100K$50K$0-$50K-$100KRevenue 2014: $100,002Expenses 2014: $19,092Net Income 2014: $80,9102014Revenue 2015: $5Expenses 2015: $81,288Net Income 2015: -$81,2832015

Highlighted filing

2015

Revenue$5
Expenses$81,288
Net Income-$81,283
Open 2015 Filing

Filings

Most recent year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,401
Liabilities
$0
Net assets
$12,401
Revenue
$5
Expenses
$81,288
Net income
-$81,283
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.00$0.81$0.81
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$1.00$0.19$0.81
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 25, 2016
Return Version
2015v2.1
Gross Receipts
$5
Mission and Program Overview

Mission

To raise funds to support education and research for new therapies for Mucopolysaccharidosis type II (MPS II), also know as Hunter Syndrome

To support research into Mucopolysacariadosis type II (MPS II), also know as Hunter Syndrome

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$93,684$12,401▼ $81,283
Rtn Earn Endowment Incm Other Fnds$93,684$12,401▼ $81,283
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$93,684$12,401▼ $81,283
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$93,684$12,401▼ $81,283
Total Liabilities and Net Assets / Fund Balance$93,684$12,401▼ $81,283
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Dr Jacob LohrPresident/Treasurer
Simon IbellVice President/Director
Olivia IbellDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$-81,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$77,500
Other Expenses$3,788
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$77,500--$77,500
Information Technology-$3,036-$3,036
Fees for Services Accounting-$602-$602
Fees for Service Investment Mgmnt Fees-$150-$150
Total Functional Expenses$77,500$3,788$0$81,288
International Activity

International Summary

Offices
1
Employees
0
Spending
$77,500

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaGrants to recipients located in region.Support education and research in the field of Mucopolysaccharidosis type II.10$77,500
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, Section A, line 2

“Simon Ibell and Olivia Ibell are brother and sister.”

Form 990, Part VI, Section B, line 11

“The 990 is presented to the Board before filing for approval.”

Form 990, Part VI, Section B, line 12

“The minutes of the governing board and all committees with board delegated power shall contain conflict of interest disclosures.”

Form 990, Part VI, Section C, line 19

“Organizational documents are available to the public by request”

Filing and Contact Details

Filer

Filer Name
iBellieve Foundation
EIN
27-0350600
Phone
4166445166
Address
325 Oxfordshire Lane, Chapel Hill, NC 27517

Signing Officer

Name
Simon Ibell
Title
Vice President/Director
Phone
4166445166
Signed
2016-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacob A Lohr
Formed
2009
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Hughes Pittman & Gupton LLP
Address
1500 Sunday Drive Suite 300, Raleigh, NC 27607
Preparer
Beth S Traynham
Phone
9192325900
Raw XML Appendix302 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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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/PreparerPersonGrp/PhoneNum09192325900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Beth S Traynham
ReturnHeader/ReturnTs02016-11-14T15:33:21-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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