Civic Intelligence

Sfi Foundation Inc

990 • Fiscal year 2021 • EIN 27-1569291

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 23, 2022

3054 Enterprise DriveState College, PA 16801

(814) 234-6023

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

95th percentile

78%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

88th percentile

$176,041

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 69.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

73rd percentile

25%

Faster asset growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

82nd percentile

72%

Faster revenue growth than 82% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,359,954

Up $474,630 (+25%) from 2020

Net Assets

Up

$2,359,954

Up $474,630 (+25%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$254,969

Up $106,364 (+72%) from 2020

Expenses

Up

$56,651

Up $6,215 (+12%) from 2020

Net Income

Up

$198,318

Up $100,149 (+102%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $694,405Liabilities 2015: $0Net Assets 2015: $694,4052015Assets 2016: $956,068Liabilities 2016: $0Net Assets 2016: $956,0682016Assets 2017: $1,527,694Liabilities 2017: $0Net Assets 2017: $1,527,6942017Assets 2018: $1,481,230Liabilities 2018: $0Net Assets 2018: $1,481,2302018Assets 2019: $1,776,979Liabilities 2019: $0Net Assets 2019: $1,776,9792019Assets 2020: $1,885,324Liabilities 2020: $0Net Assets 2020: $1,885,3242020Assets 2021: $2,359,954Liabilities 2021: $0Net Assets 2021: $2,359,9542021Assets 2022: $2,208,739Liabilities 2022: $0Net Assets 2022: $2,208,7392022Assets 2023: $2,482,470Liabilities 2023: $0Net Assets 2023: $2,482,4702023Assets 2024: $2,591,591Liabilities 2024: $0Net Assets 2024: $2,591,5912024

Highlighted filing

2021

Assets$2,359,954
Liabilities$0
Net Assets$2,359,954

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $147,166Expenses 2015: $66,522Net Income 2015: $80,6442015Revenue 2016: $257,398Expenses 2016: $8,970Net Income 2016: $248,4282016Revenue 2017: $523,886Expenses 2017: $10,836Net Income 2017: $513,0502017Revenue 2018: $255,167Expenses 2018: $323,196Net Income 2018: -$68,0292018Revenue 2019: $344,160Expenses 2019: $115,974Net Income 2019: $228,1862019Revenue 2020: $148,605Expenses 2020: $50,436Net Income 2020: $98,1692020Revenue 2021: $254,969Expenses 2021: $56,651Net Income 2021: $198,3182021Revenue 2022: $303,381Expenses 2022: $37,438Net Income 2022: $265,9432022Revenue 2023: $271,306Expenses 2023: $217,073Net Income 2023: $54,2332023Revenue 2024: $234,767Expenses 2024: $262,219Net Income 2024: -$27,4522024

Highlighted filing

2021

Revenue$254,969
Expenses$56,651
Net Income$198,318
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 23, 2022
Return Version
2020v4.2
Gross Receipts
$1,564,173
Mission and Program Overview

Mission

The sfi foundation, inc. Mission is to ensure that organizations are committed to creating opportunities and providing support for people who need specialized services to enhance all aspects of their lives.

To ensure that strawberry fields, inc. Creates opportunities and provides support for people who need specialized services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,842,049$2,333,761▲ $491,712
Cash and Non-Interest-Bearing Accounts$43,275$26,193▼ $17,082
Total Assets$1,885,324$2,359,954▲ $474,630
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,885,324$2,359,954▲ $474,630
Total Net Assets Fund Balance$1,885,324$2,359,954▲ $474,630
Total Liabilities and Net Assets / Fund Balance$1,885,324$2,359,954▲ $474,630

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,333,761--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cynthia PasquinelliPresident/CEO
John KellyVice-president
Wilma SternMEMBER (UNTIL JAN. '21)
Revenue and Support

Revenue Composition

Contributions and Grants
$67,071
Program Service Revenue
$0
Investment Income
$187,898
Other Revenue
$0
All Other Contributions
$67,071
Change in Net Assets
$198,318

Audited Revenue Reconciliation

Revenue per Audited Statements
$254,969
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$267,369
Total Revenue per Audited Statements
$522,338
Total Revenue per Form 990
$254,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$45,838
Other Expenses$10,813
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$45,838--$45,838
Fees for Service Investment Mgmnt Fees-$10,663-$10,663
Fees for Services Other-$150-$150
Total Functional Expenses$45,838$10,813$0$56,651

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$56,651
Total Expenses per Audited Statements$47,708
Expenses per Audited Statements$45,988
Expenses Not Reported on Financial Statements$10,663
Other Expense Adjustments$10,663
Expenses Not Reported on Form 990$1,720
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Strawberry Fields IncState College, PA501(c)(3)General Operations$45,838
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
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the form 990 is reviewed by the board of directors before it is filed with the internal revenue service.

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

The organization reviews any conflicts that officers or board members have as they arise. Conflict of interest statements are completed on an annual basis. The policy covers families and business relationships as a potential source of conflict. If a conflict arises, the individual shall abstain from voting on the motion.

Form 990, Part VI, Section C, Line 19

Sfi foundation, inc.'s governing documents, conflict of interest policy, and financial statements are available upon request by contacting the sfi foundation, inc at 3054 enterprise drive, state college, pa 16801 and by viewing www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Sfi Foundation Inc
EIN
27-1569291
Phone
8142346023
Address
3054 ENTERPRISE DRIVE, STATE COLLEGE, PA 16801

Signing Officer

Name
Cynthia Pasquinelli
Title
President/CEO
Phone
8142346023
Signed
2022-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Pasquinelli
Formed
2010
Legal Domicile
Pa
Voting Board Members
2
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Baker Tilly US Llp
Address
1570 FRUITVILLE PIKE SUITE 400, LANCASTER, PA 17601
Preparer
Kerri N Bogda CPA
Phone
7177404863
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation accounts for uncertainty in income taxes using a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold is met. Management determined there were no tax uncertainties that met the recognition threshold in 2021 or 2020.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

INVESTMENT FEES -10,663.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

INVESTMENT FEES 10,663.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INVESTMENT FEES -10,663.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INVESTMENT FEES 10,663.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09521
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt018021
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CYNTHIA PASQUINELLI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0176041
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT/CEO IS PAID BY A RELATED ORGANIZATION. COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REVIEWS ANY CONFLICTS THAT OFFICERS OR BOARD MEMBERS HAVE AS THEY ARISE. CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ON AN ANNUAL BASIS. THE POLICY COVERS FAMILIES AND BUSINESS RELATIONSHIPS AS A POTENTIAL SOURCE OF CONFLICT. IF A CONFLICT ARISES, THE INDIVIDUAL SHALL ABSTAIN FROM VOTING ON THE MOTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SFI FOUNDATION, INC.'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST BY CONTACTING THE SFI FOUNDATION, INC AT 3054 ENTERPRISE DRIVE, STATE COLLEGE, PA 16801 AND BY VIEWING WWW.GUIDESTAR.ORG.
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
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0STRAWBERRY FIELDS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0251237223
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROMOTING INDIVIDUAL GROWTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0STATE COLLEGE
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
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IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
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IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
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IRS990/SubjectToProxyTaxInd00
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IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01885324
IRS990/TotalAssetsEOYAmt02359954
IRS990/TotalAssetsGrp/BOYAmt01885324
IRS990/TotalAssetsGrp/EOYAmt02359954
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt067071
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010813
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt045838
IRS990/TotalFunctionalExpensesGrp/TotalAmt056651
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01885324
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IRS990/TotalOtherCompensationAmt027542
IRS990/TotalProgramServiceExpensesAmt045838
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0187898
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0254969
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02359954
IRS990/TotReportableCompRltdOrgAmt0148499
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03054 ENTERPRISE DRIVE
IRS990/USAddress/CityNm0STATE COLLEGE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd016801
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-03-31 18:45:55Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CYNTHIA PASQUINELLI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08142346023
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SFI FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SFIF
ReturnHeader/Filer/EIN0271569291
ReturnHeader/Filer/PhoneNum08142346023
ReturnHeader/Filer/USAddress/AddressLine1Txt03054 ENTERPRISE DRIVE
ReturnHeader/Filer/USAddress/CityNm0STATE COLLEGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd016801
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01570 FRUITVILLE PIKE SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANCASTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017601
ReturnHeader/PreparerPersonGrp/PhoneNum07177404863
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KERRI N BOGDA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-03-01T05:55:04-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CYNTHIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PASQUINELLI
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30

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