Civic Intelligence

Fostering Great Ideas

990 • Fiscal year 2019 • EIN 27-4622960

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 29, 2020

321 Pimlico RoadGreenville, SC 29607

(864) 567-5216

Siviq Scores

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

Liabilities / Assets

70th percentile

0.03x

Higher debt load relative to assets than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

34th percentile

-2.9%

Higher net margin than 34% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$54,876

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

42nd percentile

-1.2%

Faster asset growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

45th percentile

-2.1%

Faster revenue growth than 45% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$362,668

Down $4,523 (-1.2%) from 2018

Net Assets

Down

$351,556

Down $9,416 (-2.6%) from 2018

Liabilities

Up

$11,112

Up $4,893 (+79%) from 2018

Revenue

Down

$329,083

Down $6,985 (-2.1%) from 2018

Expenses

Up

$338,499

Up $66,622 (+25%) from 2018

Net Income

Down

-$9,416

Down $73,607 (-115%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2018: $367,191Liabilities 2018: $6,219Net Assets 2018: $360,9722018Assets 2019: $362,668Liabilities 2019: $11,112Net Assets 2019: $351,5562019Assets 2020: $408,679Liabilities 2020: $9,837Net Assets 2020: $398,8422020Assets 2021: $554,601Liabilities 2021: $10,168Net Assets 2021: $544,4332021Assets 2022: $546,082Liabilities 2022: $13,242Net Assets 2022: $532,8402022Assets 2023: $841,080Liabilities 2023: $18,009Net Assets 2023: $823,0712023Assets 2024: $956,760Liabilities 2024: $16,824Net Assets 2024: $939,9362024

Highlighted filing

2019

Assets$362,668
Liabilities$11,112
Net Assets$351,556

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $336,068Expenses 2018: $271,877Net Income 2018: $64,1912018Revenue 2019: $329,083Expenses 2019: $338,499Net Income 2019: -$9,4162019Revenue 2020: $423,642Expenses 2020: $376,356Net Income 2020: $47,2862020Revenue 2021: $524,540Expenses 2021: $378,949Net Income 2021: $145,5912021Revenue 2022: $521,390Expenses 2022: $499,194Net Income 2022: $22,1962022Revenue 2023: $808,472Expenses 2023: $576,094Net Income 2023: $232,3782023Revenue 2024: $934,367Expenses 2024: $823,129Net Income 2024: $111,2382024

Highlighted filing

2019

Revenue$329,083
Expenses$338,499
Net Income-$9,416
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 29, 2020
Return Version
2019v5.1
Gross Receipts
$352,238
Mission and Program Overview

Mission

To improve the lives of children in foster care.

To improve the lives of children as they struggle in foster care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$367,191$361,236▼ $5,955
Rtn Earn Endowment Incm Other Fnds$360,972$351,556▼ $9,416
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$367,191$362,668▼ $4,523
Other Assets Total-$1,432-
Liabilities
Accounts Payable and Accrued Expenses$6,219$11,112▲ $4,893
Total Liabilities$6,219$11,112▲ $4,893
Net Assets / Fund Balance
Total Net Assets Fund Balance$360,972$351,556▼ $9,416
Total Liabilities and Net Assets / Fund Balance$367,191$362,668▼ $4,523
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David WhiteCEOFT$54,876$54,876

Board Members and Trustees

NameTitle
Anne Marie MaertensDirector
Bill JacobsonDirector
Chad PrashadDirector
Colleen HintonDirector
Dan BrackenDirector
Leni WhildinDirector
Nate BarrettDirector
Patrick CoxDirector
Tina ZwolinskiDirector
Trey IngramDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$340,214
Program Service Revenue
$3,050
Investment Income
$1,531
Other Revenue
$-15,712
All Other Contributions
$208,614
Change in Net Assets
$-9,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$259,486
Other Expenses$79,013
Total Fundraising Expense$10,437
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$186,140--$186,140
Current Officers, Directors, Trustees, and Key Employees$41,706$6,585$6,585$54,876
Payroll Taxes$17,464$503$503$18,470
Office Expenses$13,533$1,568$410$15,511
Travel$13,385$99$99$13,583
Fees for Services Other$9,700--$9,700
Insurance-$6,658-$6,658
Information Technology$459$4,310$1,855$6,624
Conferences and Meetings$4,325-$135$4,460
Advertising$3,183$100$850$4,133
All Other Expenses-$1,090-$1,090
Other Expenses$1,003$75-$1,078
Total Functional Expenses$306,067$21,995$10,437$338,499
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$23,155
Fundraising Gross Income$7,443
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$118,373$7,113$6,787$326
Total Events$118,373$7,113$22,968$-15,855
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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 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
Yes
Other officer compensation reviewed
Yes
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

The full board is provided a copy of the 990 before filing. It is approved via email.

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

The board discloses any conflicts of interests annually through discussion at a reguarly scheduled board meeting.

Form 990, Part VI, Section B, Line 15

The ceo's compensation is reviewed annually by the board. Metrics are used and laid out in a stategic plan.

Form 990, Part VI, Section C, Line 18

Form 990 is available on the website. Form 1023 is available upon request.

Form 990, Part VI, Section C, Line 19

The organizations governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Fostering Great Ideas
EIN
27-4622960
Phone
8645675216
Address
321 PIMLICO ROAD, GREENVILLE, SC 29607

Signing Officer

Name
David White
Title
CEO
Phone
8645675216
Signed
2020-07-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David White
Formed
2011
Legal Domicile
Sc
Voting Board Members
10
Independent Board Members
10
Employees
20
Volunteers
120

Preparer

Firm
Prashad CPA LLC
Address
406 SWEETWATER RD, GREER, SC 29650
Preparer
Pamela M Prashad
Phone
8643565330
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IRS990/ProgSrvcAccomActy2Grp/Desc0LIFE SUPPORT: STATISTICS FOR TEENS WHO AGE OUT OF FOSTER CARE ARE BLEAK. WE BELIEVE OUR COMMUNITY CAN REVERSE THESE BLEAK STATISTICS BY MATCHING TEENS WITH ADULT MENTORS TO PROVIDE ONGOING EMOTIONAL SUPPORT AND GUIDANCE. LIFE SUPPORT MENTORS COMMIT TO VISITING A YOUTH IN FOSTER CARE TWICE PER MONTH, AND THIS IS OFTEN A MULTI-YEAR COMMITMENT. MENTORS ACTIVELY LISTEN TO HOPES, FEARS, AND DREAMS. THEY BECOME AN IMPORTANT PART OF THE CHILD'S JOURNEY TOWARDS BETTER OUTCOMES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0COLLEGE FELLOWS: WHILE 70% OF FOSTERED YOUTH WANT TO GO TO COLLEGE, ONLY 30% APPLY, AND LESS THAN 10% GRADUATE. THOSE WHO DO ATTEND OFTEN HAVE NO FAMILY SUPPORTING THEIR JOURNEY AND EASILY DROP OUT. OUR GOAL IS TO ENCOURAGE MORE YOUTH TO ATTEND COLLEGE, NURTURE THEIR COMMON BOND, AND PROVIDE ACCOUNTABILITY AND SUPPORT THROUGHOUT THEIR ACADEMIC EXPERIENCE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0FOSTERING GREAT IDEAS IMPROVES THE EXPERIENCE FOR EVERY CHILD IN FOSTERCARE. KNOWING THAT LOSSES MULTIPLY, AND STRESS AMPLIFIES THE LONGER ACHILD STAYS IN CARE, OUR GOAL IS TO PROVIDE SUPPORT THROUGHOUT THEFOSTER CARE JOURNEY, ULTIMATELY RESULTING IN LIVES BACK ON TRACK. SOMEOF THE OTHER PROGRAMING INCLUDES:MOMS MATTER: ENOURAGING BIRTH MOMS TO REACH GOALS IN THEIR TREATMENTPLANOUR STORY: PROVIDE FOSTER FAMILY SUPPORT DURING PLACEMENT TO PREVENTDISRUPTIONTUTOR MATCH: TUTOR CHILDREN TO BRING THEM UP TO GRADE LEVEL
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IRS990/PYTotalExpensesAmt0271877
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0336068
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0-9416
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0360972
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0351556
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0339874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0344291
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0309209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0184443
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0110512
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01288329
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01531
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01238
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0794
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0197
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0453
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04213
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt014293
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92170
IRS990ScheduleA/PublicSupportPY170Pct00.89300
IRS990ScheduleA/PublicSupportTotal170Amt01191362
IRS990ScheduleA/SubstantialContributorsTotAmt096967
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0339874
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0344291
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0309209
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0184443
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0110512
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01288329
IRS990ScheduleA/TotalSupportAmt01292542
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearAmt0817
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus1Amt03332
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/TotalAmt04149
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt017006
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt013594
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt030600
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt068024
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt054375
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0122399
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt0817
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt03332
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt04149
IRS990ScheduleC/GrassrootsCeilingAmt045900
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt017006
IRS990ScheduleC/LobbyingCeilingAmt0183599
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt068024
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0339301
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0340118
IRS990ScheduleC/TotalGrassrootsLobbyingGrp/FilingOrganizationsTotalAmt0817
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt0817
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0111260
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0111260
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022968
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0900
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0900
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt012531
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt012531
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0118373
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0118373
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07113
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07113
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-15855
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06787
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06787
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02750
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt02750
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FULL BOARD IS PROVIDED A COPY OF THE 990 BEFORE FILING. IT IS APPROVED VIA EMAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD DISCLOSES ANY CONFLICTS OF INTERESTS ANNUALLY THROUGH DISCUSSION AT A REGUARLY SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO'S COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD. METRICS ARE USED AND LAID OUT IN A STATEGIC PLAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS AVAILABLE ON THE WEBSITE. FORM 1023 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON 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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/StatesWhereCopyOfReturnIsFldCd1CO
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0367191
IRS990/TotalAssetsEOYAmt0362668
IRS990/TotalAssetsGrp/BOYAmt0367191
IRS990/TotalAssetsGrp/EOYAmt0362668
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0340214
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010437
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021995
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0306067
IRS990/TotalFunctionalExpensesGrp/TotalAmt0338499
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06219
IRS990/TotalLiabilitiesEOYAmt011112
IRS990/TotalLiabilitiesGrp/BOYAmt06219
IRS990/TotalLiabilitiesGrp/EOYAmt011112
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0360972
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0351556
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0134408

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