Civic Intelligence

The Redwoods Initiative Foundation

EIN 27-3085414 • 501(c)3 • New York, NY

Profile

To serve influential families and individuals through innovative education platforms and collaboration with the foremost organizations, practitioners and professionals in the industry to increase the knowledge and understanding of wealth and philanthropy.

C/O Highmount 12 East 49th StreetNo 36flNew York, NY 10017

redwoodsinitiative.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

93rd percentile

$48,475

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 32.1% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

95th percentile

186%

Faster asset growth than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

49th percentile

-2.7%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$29,690

Up $19,298 (+186%) from 2013

Liabilities

Down

$161

Down $335 (-68%) from 2013

Net Assets

Up

$29,529

Up $19,633 (+198%) from 2013

Operations
Liabilities / Revenue64th percentileNet Margin67th percentile

Revenue

Down

$150,964

Down $4,235 (-2.7%) from 2013

Expenses

Down

$131,331

Down $54,373 (-29%) from 2013

Net Income

Up

$19,633

Up $50,138 (+164%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth95th percentile

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

$60K$40K$20K$0Assets 2012: $59,866Liabilities 2012: $19,465Net Assets 2012: $40,4012012Assets 2013: $10,392Liabilities 2013: $496Net Assets 2013: $9,8962013Assets 2014: $29,690Liabilities 2014: $161Net Assets 2014: $29,5292014

Highlighted filing

2014

Assets$29,690
Liabilities$161
Net Assets$29,529
Open 2014 Filing

Operations Trend

Revenue Growth49th percentile

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

$200K$100K$0-$100KRevenue 2012: $173,699Expenses 2012: $140,929Net Income 2012: $32,7702012Revenue 2013: $155,199Expenses 2013: $185,704Net Income 2013: -$30,5052013Revenue 2014: $150,964Expenses 2014: $131,331Net Income 2014: $19,6332014

Highlighted filing

2014

Revenue$150,964
Expenses$131,331
Net Income$19,633
Open 2014 Filing

Filings

Most recent year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,690
Liabilities
$161
Net assets
$29,529
Revenue
$150,964
Expenses
$131,331
Net income
$19,633
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$1.51$1.31$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.55$1.86$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.19$0.40$1.74$1.41$0.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$150,964
Mission and Program Overview

Mission

To serve influential families and individuals through innovative education platforms and collaboration with the foremost organizations, practitioners and professionals in the industry to increase the knowledge and understanding of wealth and philanthropy.

Program Services

DescriptionGrantsExpenses
FAMILY FINANCIAL EDUCATION PROGRAM-PROVIDES FAMILIES AND INDIVIDUALS WITH RESOURCES, IN THE FORM OF EVENT SEMINARS, RETREATS, AND CUSTOMIZED FAMILY FINANCIAL EDUCATION, ALL WITH A FOCUS OF ASSISTING WITH THE WEALTH TRANSITION PROCESS.$0$61,417
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ABBY R SAMECKPresidentFT$45,833$2,642$48,475
STEPHANIE POWERTreasurer-$0--
GERRY BYRNESecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Redwoods Initiative Foundation
EIN
27-3085414
Phone
2122747470
Address
C/O HIGHMOUNT 12 EAST 49TH STREET, NO 36FL, NEW YORK, NY 10017

Signing Officer

Name
Abby Sameck
Title
President
Phone
2122747470
Signed
2015-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: office expenses. Amount: 411. Description: business expenses. Amount: 35,263. Description: dues & subscriptions. Amount: 756. Description: supplies. Amount: 1,228. Description: travel & meetings. Amount: 4,108. Total to form 990-ez, line 16: 41,766.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable and accrued expense. Beg. Of year amount: 496. End of year amount: 161.”

Raw XML Appendix151 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE EXPENSES. AMOUNT: 411. DESCRIPTION: BUSINESS EXPENSES. AMOUNT: 35,263. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 756. DESCRIPTION: SUPPLIES. AMOUNT: 1,228. DESCRIPTION: TRAVEL & MEETINGS. AMOUNT: 4,108. TOTAL TO FORM 990-EZ, LINE 16: 41,766.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits