Civic Intelligence

Kurt Peter Foundation

990 • Fiscal year 2017 • EIN 27-1310545

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 05, 2018

PO Box 691Menlo Park, CA 94025

(650) 743-0690

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

95th percentile

89%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

732%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,270,363

Up $598,991 (+89%) from 2016

Net Assets

Up

$1,270,363

Up $598,991 (+89%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$858,294

Up $755,170 (+732%) from 2016

Expenses

Up

$259,303

Up $190,460 (+277%) from 2016

Net Income

Up

$598,991

Up $564,710 (+1647%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $586,476Liabilities 2012: $0Net Assets 2012: $586,4762012Assets 2013: $555,596Liabilities 2013: $0Net Assets 2013: $555,5962013Assets 2014: $1,304,910Liabilities 2014: $0Net Assets 2014: $1,304,9102014Assets 2015: $613,256Liabilities 2015: $0Net Assets 2015: $613,2562015Assets 2016: $671,372Liabilities 2016: $0Net Assets 2016: $671,3722016Assets 2017: $1,270,363Liabilities 2017: $0Net Assets 2017: $1,270,3632017Assets 2018: $1,390,526Liabilities 2018: $0Net Assets 2018: $1,390,5262018Assets 2019: $1,351,965Liabilities 2019: $0Net Assets 2019: $1,351,9652019Assets 2020: $1,362,761Liabilities 2020: $0Net Assets 2020: $1,362,7612020Assets 2021: $1,371,517Liabilities 2021: $0Net Assets 2021: $1,371,5172021Assets 2022: $1,253,294Liabilities 2022: $0Net Assets 2022: $1,253,2942022Assets 2023: $1,254,729Liabilities 2023: $0Net Assets 2023: $1,254,7292023Assets 2024: $1,263,596Liabilities 2024: $0Net Assets 2024: $1,263,5962024

Highlighted filing

2017

Assets$1,270,363
Liabilities$0
Net Assets$1,270,363

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2012: $183,2982012Revenue 2013: $146,878Expenses 2013: $177,758Net Income 2013: -$30,8802013Revenue 2014: $904,575Expenses 2014: $155,261Net Income 2014: $749,3142014Revenue 2015: $134,482Expenses 2015: $826,136Net Income 2015: -$691,6542015Revenue 2016: $103,124Expenses 2016: $68,843Net Income 2016: $34,2812016Revenue 2017: $858,294Expenses 2017: $259,303Net Income 2017: $598,9912017Revenue 2018: $188,156Expenses 2018: $66,001Net Income 2018: $122,1552018Revenue 2019: $165,038Expenses 2019: $203,819Net Income 2019: -$38,7812019Revenue 2020: $112,382Expenses 2020: $101,374Net Income 2020: $11,0082020Revenue 2021: $128,942Expenses 2021: $120,586Net Income 2021: $8,3562021Revenue 2022: $111,456Expenses 2022: $231,768Net Income 2022: -$120,3122022Revenue 2023: $52,881Expenses 2023: $51,446Net Income 2023: $1,4352023Revenue 2024: $72,662Expenses 2024: $63,795Net Income 2024: $8,8672024

Highlighted filing

2017

Revenue$858,294
Expenses$259,303
Net Income$598,991
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 5, 2018
Return Version
2017v2.3
Gross Receipts
$1,067,675
Mission and Program Overview

Mission

Raise funds and make grants for research into a treatment or cure for limb girdle muscular dystrophy type 2c (gamma sarcoglycanopathy).

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$671,372$1,270,363▲ $598,991
Cash and Non-Interest-Bearing Accounts$663,768$1,153,019▲ $489,251
Investments Other Securities$0$80,728▲ $80,728
Accounts Receivable$7,604$36,616▲ $29,012
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$671,372$1,270,363▲ $598,991
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$671,372$1,270,363▲ $598,991
Total Liabilities and Net Assets / Fund Balance$671,372$1,270,363▲ $598,991

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,094--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scott FrewingPresident
Archana TaraporevalaDirector
Carol DrewDirector
Marc BodnickDirector
Marcia WorthingDirector
Robin DruckerDirector
Kent FrewingSecretary
Charlotte DrewTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$856,678
Program Service Revenue
$0
Investment Income
$1,616
Other Revenue
$0
All Other Contributions
$268,268
Change in Net Assets
$598,991

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
Securities Publicly Traded5$158,240Hi/low Day of Donation
Other Non Cash Contri Table1$2,213Cost
Total Noncash Contributions6$160,453-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$168,140
Other Expenses$81,520
Professional Fundraising Fees$9,643
Total Fundraising Expense$9,643
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$168,140--$168,140
Information Technology-$24,953-$24,953
Fees for Services Professional Fundraising--$9,643$9,643
Fees for Services Accounting-$5,200-$5,200
Other Expenses-$108-$108
All Other Expenses-$19-$19
Total Functional Expenses$168,140$81,520$9,643$259,303
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
THE NATIONWIDE CHILDREN'S HOSPITALColumbus, OH501(c)(3)$126,000 TO NATIONWIDE CHILDREN'S HOSPITAL TO FUND PRECLINICAL RESEARCH FOR GENE THERAPY. THESE PAYMENTS WERE MADE IN SUPPORT OF THE ORGANIZATION'S PRIMARY MISSION.$126,000
The University of Chicago Medical CenterChicago, IL501(c)(3)$42,140 TO UNIVERSITY OF CHICAGO FOR PATENT COSTS FOR OLIGONUCLEOTIDE/MORPHOLINO PROGRAM FOR PATENT COSTS RELATED TO RESEARCH INTO EXON SKIPPING AND METHODS OF TREATING DYSTROPHIES. THESE PAYMENTS WERE MADE IN SUPPORT OF THE ORGANIZATION'S PRIMARY MISSION.$42,140
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$78,615
Fundraising Gross Income$78,615
Professional Fundraising Fees$9,643

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser Event$667,025$78,615-$78,615
Total Events$667,025$78,615$78,615$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
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 A, Line 2

Scott frewing, president of the foundation, and charlotte drew, treasurer of the foundation, are married to one another. Neither receives any compensation for services nor do they have any direct or indirect business relationship with the foundation. Kent frewing, secretary of the foundation, is the father of scott frewing, president of the charitable fund. Kent frewing does not receive any compensation for services nor does he have any direct or indirect business relationship with the foundation. Charlotte drew, treasurer of the foundation, is the daughter of carol drew who is a foundation director. Neither receives any compensation for services nor do they have any direct or indirect business relationship with the foundation.

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

The organization provides form 990 and associated schedules to all members of the governing body before filing, with the president handling comments from members via email and/or telephone as required.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Kurt Peter Foundation
EIN
27-1310545
Phone
6507430690
Address
PO BOX 691, MENLO PARK, CA 94025

Signing Officer

Name
Scott Frewing
Title
President
Phone
6507430690
Signed
2018-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Frewing
Formed
2009
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Frank Rimerman & Co Llp
Address
1 EMBARCADERO CENTER STE 2410, SAN FRANCISCO, CA 94111
Preparer
Joshua L Cohen
Phone
4154391144
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IRS990ScheduleD/OtherSecuritiesGrp/Desc1GE COMMON 120 SHS
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IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt080728
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0588410
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0588410
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt078615
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISER EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt078615
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt078615
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0667025
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0667025
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt078615
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt078615
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt042140
IRS990ScheduleI/RecipientTable/CashGrantAmt1126000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0$42,140 TO UNIVERSITY OF CHICAGO FOR PATENT COSTS FOR OLIGONUCLEOTIDE/MORPHOLINO PROGRAM FOR PATENT COSTS RELATED TO RESEARCH INTO EXON SKIPPING AND METHODS OF TREATING DYSTROPHIES. THESE PAYMENTS WERE MADE IN SUPPORT OF THE ORGANIZATION'S PRIMARY MISSION.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1$126,000 TO NATIONWIDE CHILDREN'S HOSPITAL TO FUND PRECLINICAL RESEARCH FOR GENE THERAPY. THESE PAYMENTS WERE MADE IN SUPPORT OF THE ORGANIZATION'S PRIMARY MISSION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE UNIVERSITY OF CHICAGO MEDICAL CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE NATIONWIDE CHILDREN'S HOSPITAL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05841 S MARYLAND AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1700 CHILDRENS DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm1COLUMBUS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060637
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd143205
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION MONITORS THE USE OF THE GRANT MONEY BY OCCASIONAL VISITS TO GRANTEES, TELEPHONE CONTACT, E-MAIL CONTACT, AND PERIODIC INFORMAL VERBAL AND WRITTEN REPORTS FROM THE GRANTEE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0WINE DONATION
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0COST
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt02213
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt05
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0HI/LOW DAY OF DONATION
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0158240
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCOTT FREWING, PRESIDENT OF THE FOUNDATION, AND CHARLOTTE DREW, TREASURER OF THE FOUNDATION, ARE MARRIED TO ONE ANOTHER. NEITHER RECEIVES ANY COMPENSATION FOR SERVICES NOR DO THEY HAVE ANY DIRECT OR INDIRECT BUSINESS RELATIONSHIP WITH THE FOUNDATION. KENT FREWING, SECRETARY OF THE FOUNDATION, IS THE FATHER OF SCOTT FREWING, PRESIDENT OF THE CHARITABLE FUND. KENT FREWING DOES NOT RECEIVE ANY COMPENSATION FOR SERVICES NOR DOES HE HAVE ANY DIRECT OR INDIRECT BUSINESS RELATIONSHIP WITH THE FOUNDATION. CHARLOTTE DREW, TREASURER OF THE FOUNDATION, IS THE DAUGHTER OF CAROL DREW WHO IS A FOUNDATION DIRECTOR. NEITHER RECEIVES ANY COMPENSATION FOR SERVICES NOR DO THEY HAVE ANY DIRECT OR INDIRECT BUSINESS RELATIONSHIP WITH THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDES FORM 990 AND ASSOCIATED SCHEDULES TO ALL MEMBERS OF THE GOVERNING BODY BEFORE FILING, WITH THE PRESIDENT HANDLING COMMENTS FROM MEMBERS VIA EMAIL AND/OR TELEPHONE AS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0671372
IRS990/TotalAssetsEOYAmt01270363
IRS990/TotalAssetsGrp/BOYAmt0671372
IRS990/TotalAssetsGrp/EOYAmt01270363
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0856678
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09643
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081520
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0168140
IRS990/TotalFunctionalExpensesGrp/TotalAmt0259303
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0671372
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01270363
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0168140
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0505
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01111
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0858294
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0671372
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01270363
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 691
IRS990/USAddress/CityNm0MENLO PARK
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094025
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.KURTPETERFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT FREWING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06507430690
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KURT PETER FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KURT
ReturnHeader/Filer/EIN0271310545
ReturnHeader/Filer/PhoneNum06507430690
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 691
ReturnHeader/Filer/USAddress/CityNm0MENLO PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094025
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04F780E91EFD287D8446010DF6FFD6763315E0C32
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08268CE1028EE84FB6BBAFBA7AF3F2D37E5E5889E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.232.67.114
ReturnHeader/FilingSecurityInformation/IPDt02018-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm005:23:17
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0941341042
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANK RIMERMAN & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 EMBARCADERO CENTER STE 2410
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN FRANCISCO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094111
ReturnHeader/PreparerPersonGrp/PhoneNum04154391144
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSHUA L COHEN

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