Civic Intelligence

The Sterling Donor Advised Fund

990 • Fiscal year 2017 • EIN 27-0418124

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

12030 Sunrise Valley Drive No 450Reston, VA 20191

(703) 437-9720

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

3rd percentile

0.00x

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

97th percentile

77%

Higher net margin than 97% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

98th percentile

121%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

77%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$29,531,116

Up $16,197,776 (+121%) from 2016

Net Assets

Up

$29,531,116

Up $16,197,776 (+121%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$21,124,168

Up $9,165,722 (+77%) from 2016

Expenses

Up

$4,926,392

Up $4,839,570 (+5574%) from 2016

Net Income

Up

$16,197,776

Up $4,326,152 (+36%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2014: $434,220Liabilities 2014: $0Net Assets 2014: $434,2202014Assets 2015: $1,461,716Liabilities 2015: $0Net Assets 2015: $1,461,7162015Assets 2016: $13,333,340Liabilities 2016: $0Net Assets 2016: $13,333,3402016Assets 2017: $29,531,116Liabilities 2017: $0Net Assets 2017: $29,531,1162017Assets 2018: $20,584,920Liabilities 2018: $0Net Assets 2018: $20,584,9202018Assets 2019: $20,501,616Liabilities 2019: $0Net Assets 2019: $20,501,6162019Assets 2020: $23,434,687Liabilities 2020: $35,800Net Assets 2020: $23,398,8872020Assets 2021: $38,439,728Liabilities 2021: $99,800Net Assets 2021: $38,339,9282021Assets 2022: $42,134,907Liabilities 2022: $800Net Assets 2022: $42,134,1072022Assets 2023: $48,616,353Liabilities 2023: $3,414Net Assets 2023: $48,612,9392023Assets 2024: $55,872,345Liabilities 2024: $3,414Net Assets 2024: $55,868,9312024

Highlighted filing

2017

Assets$29,531,116
Liabilities$0
Net Assets$29,531,116

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2014: $31,070Expenses 2014: $0Net Income 2014: $31,0702014Revenue 2015: $1,090,587Expenses 2015: $63,091Net Income 2015: $1,027,4962015Revenue 2016: $11,958,446Expenses 2016: $86,822Net Income 2016: $11,871,6242016Revenue 2017: $21,124,168Expenses 2017: $4,926,392Net Income 2017: $16,197,7762017Revenue 2018: $3,955,903Expenses 2018: $12,902,099Net Income 2018: -$8,946,1962018Revenue 2019: $3,957,419Expenses 2019: $4,040,723Net Income 2019: -$83,3042019Revenue 2020: $3,886,730Expenses 2020: $2,268,983Net Income 2020: $1,617,7472020Revenue 2021: $17,142,136Expenses 2021: $2,465,705Net Income 2021: $14,676,4312021Revenue 2022: $7,377,009Expenses 2022: $748,587Net Income 2022: $6,628,4222022Revenue 2023: $7,586,212Expenses 2023: $2,273,649Net Income 2023: $5,312,5632023Revenue 2024: $8,527,331Expenses 2024: $2,545,923Net Income 2024: $5,981,4082024

Highlighted filing

2017

Revenue$21,124,168
Expenses$4,926,392
Net Income$16,197,776
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$21,124,168
Mission and Program Overview

Mission

Educate the general public and nonprofit organizations to encourage charitable giving in all forms beneficial to nonprofit charitable organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$12,676,964$27,824,531▲ $15,147,567
Savings and Temporary Cash Investments$483,873$1,666,590▲ $1,182,717
Cash and Non-Interest-Bearing Accounts$172,503$39,995▼ $132,508
Total Assets$13,333,340$29,531,116▲ $16,197,776
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$13,333,340$29,531,116▲ $16,197,776
Total Net Assets Fund Balance$13,333,340$29,531,116▲ $16,197,776
Total Liabilities and Net Assets / Fund Balance$13,333,340$29,531,116▲ $16,197,776

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$24,487,733--
Compensation and Service Providers

Board Members and Trustees

NameTitle
James LintottPresident
Roger SilkSecretary
Paul BecknerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$19,094,090
Program Service Revenue
$0
Investment Income
$2,114,210
Other Revenue
$-84,132
All Other Contributions
$19,094,090
Change in Net Assets
$16,197,776

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table4$16,738,840Fair Market Value at
Total Noncash Contributions4$16,738,840-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,856,150
Other Expenses$70,242
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,836,150--$4,836,150
Fees for Services Management$24,569$24,569-$49,138
Foreign Grants$20,000--$20,000
Other Expenses-$355-$355
Total Functional Expenses$4,880,719$45,673$0$4,926,392
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Legacy Church IncAlbuquerque, NM501(c)(3)General Support$3,707,000
Escondido Charitable Foundation (rotary Club of Escondido After Five CharitEscondido, CA501(c)(3)THESE FUNDS ARE TO BENEFIT THE ECF ROSS ROSE SPECIAL PROJECTS FUND #7294$965,250
Jw Arbor Fund- Through K-1Redding, CA501(c)(3)General Support$108,900
Little Orchestra SocietyNew York, NY501(c)(3)General Support$25,000
Good News Rescue MissionRedding, CA501(c)(3)To Support the Journey Home Programto Support the Journey Home Program$15,000
Indiana University FoundationBloomington, IN501(c)(3)To Support the James R. Mccarthy Memorials Scholarship$5,000
Regents of the University of MichiganAnn Arbor, MI501(c)(3)TO SUPPORT THE MEN'S GYMNASTICS PROGRAM AT THE DISCRETION OF COACH GOLDER$5,000
Solana Beach School DistrictSolana Beach, CA501(c)(3)TO SUPPORT THE SOLANA BEACH SCHOOL DISTRICT'S GLOBAL EDUCATION FUND$5,000

International Summary

Offices
0
Employees
0
Spending
$0

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
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
Yes
Backup withholding compliance
Yes
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 11B

EXECUTIVE REVIEW MEETING

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

Annual meeting of the board of directors

Form 990, Part VI, Section C, Line 19

UPON WRITTEN REQUEST

Filing and Contact Details

Filer

Filer Name
The Sterling Donor Advised Fund
EIN
27-0418124
Phone
7034379720
Address
12030 SUNRISE VALLEY DRIVE NO 450, RESTON, VA 20191

Signing Officer

Name
James Lintott
Title
Officer
Phone
7034379720
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Gorfine Schiller & Gardyn Pa
Address
10045 RED RUN BLVD SUITE 250, OWINGS MILLS, MD 21117
Preparer
Matthew Q Keefer CPA
Phone
4103565900
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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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO SUPPORT THE SOLANA BEACH SCHOOL DISTRICT'S GLOBAL EDUCATION FUND
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO SUPPORT THE MEN'S GYMNASTICS PROGRAM AT THE DISCRETION OF COACH GOLDER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4THESE FUNDS ARE TO BENEFIT THE ECF ROSS ROSE SPECIAL PROJECTS FUND #7294
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO SUPPORT THE JOURNEY HOME PROGRAMTO SUPPORT THE JOURNEY HOME PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LITTLE ORCHESTRA SOCIETY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SOLANA BEACH SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2INDIANA UNIVERSITY FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3REGENTS OF THE UNIVERSITY OF MICHIGAN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4ESCONDIDO CHARITABLE FOUNDATION (ROTARY CLUB OF ESCONDIDO AFTER FIVE CHARIT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5GOOD NEWS RESCUE MISSION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6JW ARBOR FUND- THROUGH K-1
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7LEGACY CHURCH INC
IRS990ScheduleI/RecipientTable/RecipientEIN0132638292
IRS990ScheduleI/RecipientTable/RecipientEIN1330206854
IRS990ScheduleI/RecipientTable/RecipientEIN2356018940
IRS990ScheduleI/RecipientTable/RecipientEIN3386006309
IRS990ScheduleI/RecipientTable/RecipientEIN4474529309
IRS990ScheduleI/RecipientTable/RecipientEIN5941652602
IRS990ScheduleI/RecipientTable/RecipientEIN6814796780
IRS990ScheduleI/RecipientTable/RecipientEIN7850280270
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0330 WEST 42ND STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1309 NORTH RIOS AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21500 N STATE RD 46 BYPASS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31000 STATE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4900 CANTERBURY SUITE 300
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt52842 S MARKET STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6400 REDCLIFF DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt77201 CENTRAL AVE NW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SOLANA BEACH
IRS990ScheduleI/RecipientTable/USAddress/CityNm2BLOOMINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm3ANN ARBOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm4ESCONDIDO
IRS990ScheduleI/RecipientTable/USAddress/CityNm5REDDING
IRS990ScheduleI/RecipientTable/USAddress/CityNm6REDDING
IRS990ScheduleI/RecipientTable/USAddress/CityNm7ALBUQUERQUE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7NM
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010036
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd192075
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd247408
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd348109
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd492025
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd596001
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd696002
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd787121
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0APPRAISAL
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REQUESTS PROGRAM DOCUMENTS, DOES FOLLOW-UP CALLS AND GETS REPORTS BACK.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt08
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt04
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0VARIOUS INTERESTS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE AT
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt016738840
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt0595200
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE REVIEW MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL MEETING OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON WRITTEN REQUEST
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 19
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IRS990/SignificantChangeInd00
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IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt029531116
IRS990/TotalAssetsGrp/BOYAmt013333340
IRS990/TotalAssetsGrp/EOYAmt029531116
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt019094090
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045673
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04880719
IRS990/TotalFunctionalExpensesGrp/TotalAmt04926392
IRS990/TotalGrossUBIAmt0-73039
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013333340
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt029531116
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04880719
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02103117
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt021124168
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-73039
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013333340
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt029531116
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt013333340
IRS990/UnrestrictedNetAssetsGrp/EOYAmt029531116
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012030 SUNRISE VALLEY DRIVE NO 450
IRS990/USAddress/CityNm0RESTON
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd020191
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES LINTOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum07034379720
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE STERLING DONOR ADVISED FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O STERLING FOUNDATION MANAGEMENT LLC
ReturnHeader/Filer/BusinessNameControlTxt0STER

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