Civic Intelligence

Horseneck Foundation Inc.

990EZ • Fiscal year 2019 • EIN 30-0596764

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 11, 2019

254 East Putnam AvenueGreenwich, CT 06830

(203) 869-6600

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

89th percentile

78%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

82nd percentile

38%

Faster revenue growth than 82% of similar nonprofits.

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

Assets

Up

$63,913

Up $28,017 (+78%) from 2018

Net Assets

Up

$63,913

Up $28,017 (+78%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$64,847

Up $17,776 (+38%) from 2018

Expenses

Down

$36,830

Down $40,862 (-53%) from 2018

Net Income

Up

$28,017

Up $58,638 (+191%) from 2018

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2015: $45,074Liabilities 2015: $0Net Assets 2015: $45,0742015Assets 2016: $54,788Liabilities 2016: $0Net Assets 2016: $54,7882016Assets 2017: $66,517Liabilities 2017: $0Net Assets 2017: $66,5172017Assets 2018: $35,896Liabilities 2018: $0Net Assets 2018: $35,8962018Assets 2019: $63,913Liabilities 2019: $0Net Assets 2019: $63,9132019Assets 2020: $42,260Liabilities 2020: $0Net Assets 2020: $42,2602020Assets 2021: $44,243Liabilities 2021: $0Net Assets 2021: $44,2432021Assets 2022: $5,959Liabilities 2022: $0Net Assets 2022: $5,9592022Assets 2023: $353Net Assets 2023: $3532023Assets 2024: $1,613Liabilities 2024: $750Net Assets 2024: $8632024

Highlighted filing

2019

Assets$63,913
Liabilities$0
Net Assets$63,913

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $109,511Expenses 2015: $99,586Net Income 2015: $9,9252015Revenue 2016: $100,980Expenses 2016: $91,266Net Income 2016: $9,7142016Revenue 2017: $124,759Expenses 2017: $113,030Net Income 2017: $11,7292017Revenue 2018: $47,071Expenses 2018: $77,692Net Income 2018: -$30,6212018Revenue 2019: $64,847Expenses 2019: $36,830Net Income 2019: $28,0172019Revenue 2020: $97,645Expenses 2020: $119,298Net Income 2020: -$21,6532020Revenue 2021: $84,543Expenses 2021: $82,560Net Income 2021: $1,9832021Revenue 2022: $12,609Expenses 2022: $50,893Net Income 2022: -$38,2842022Revenue 2023: $954Expenses 2023: $6,560Net Income 2023: -$5,6062023Revenue 2024: $4,310Expenses 2024: $3,800Net Income 2024: $5102024

Highlighted filing

2019

Revenue$64,847
Expenses$36,830
Net Income$28,017
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$64,847
Mission and Program Overview

Mission

Horseneck foundation, inc. Was established in july 2009 to solicit support and funding beyond the parishioners of christ church greenwich for projects to repair, restore, renovate or maintain the historic buildings owned by the parish of christ church greenwich. As a legal entity, it is entirely separate from christ church greenwich. Funds donated to the foundation will be used expressly according to the wishes of the donors, and will expressly exclude the religious activities of the church and its congregation. Given the historical significance of the campus and its buildings it is hoped that the foundation will provide an opportunity for support from outside the congregation from people and organizations that share an interest in restoring and maintaining this part of the heritage of greenwich, connecticut.

Program Services

DescriptionGrantsExpenses
GRANTS SUPPORT THE RESTORATION OF THE INTERIOR AND EXTERIOR OF THE HISTORIC CHRIST CHURCH GREENWICH CAMPUS. RESTORATION INCLUDES REPAIRING ROOFING, GUTTERS, METAL FLASHING. MAJOR EXTERNAL DRAINAGE REPAIRS WERE ALSO HANDLED. APPROXIMATELY 1,000 INDIVIDUALS UTILIZE THE PARISH FACILITIES MONTHLY FOR AA, GIRL SCOUT, AND NEIGHBOR TO NEIGHBOR MEETINGS.$28,450$28,450
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID M YUDAINPresident-$0--
K CARTER HARRISVice President-$0--
TIMOTHY K CARPENTERSecretary-$0--
JOHN R FORDTreasurer-$0--
CARRIE PRYORDirector-$0--
REV JOHN H BRANSONDirector Thru October 2018-$0--
DURANT D SCHWIMMERDirector Thru January 2019-$0--
REV MAREK P ZABRISKIEDirector-$0--
GEORGE BELSHAW JRDirector-$0--
Filing and Contact Details

Filer

Filer Name
Horseneck Foundation Inc
EIN
30-0596764
Phone
2038696600
Address
254 EAST PUTNAM AVENUE, GREENWICH, CT 06830

Signing Officer

Name
David M Yudain
Title
President
Phone
2038696600
Signed
2019-11-11
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 26.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: to support the restoration of the church. Grantee name: christ church greenwich. Grantee address: 254 east putnam avenue greenwich, ct 06830. Grantee relationship: n/a. Amount given: 28,450.

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

Description: office expenses. Amount: 630.

Raw XML Appendix186 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID M YUDAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1K CARTER HARRIS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHN R FORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CARRIE PRYOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8GEORGE BELSHAW JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR THRU OCTOBER 2018
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR THRU JANUARY 2019
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0HORSENECK FOUNDATION, INC. WAS ESTABLISHED IN JULY 2009 TO SOLICIT SUPPORT AND FUNDING BEYOND THE PARISHIONERS OF CHRIST CHURCH GREENWICH FOR PROJECTS TO REPAIR, RESTORE, RENOVATE OR MAINTAIN THE HISTORIC BUILDINGS OWNED BY THE PARISH OF CHRIST CHURCH GREENWICH. AS A LEGAL ENTITY, IT IS ENTIRELY SEPARATE FROM CHRIST CHURCH GREENWICH. FUNDS DONATED TO THE FOUNDATION WILL BE USED EXPRESSLY ACCORDING TO THE WISHES OF THE DONORS, AND WILL EXPRESSLY EXCLUDE THE RELIGIOUS ACTIVITIES OF THE CHURCH AND ITS CONGREGATION. GIVEN THE HISTORICAL SIGNIFICANCE OF THE CAMPUS AND ITS BUILDINGS IT IS HOPED THAT THE FOUNDATION WILL PROVIDE AN OPPORTUNITY FOR SUPPORT FROM OUTSIDE THE CONGREGATION FROM PEOPLE AND ORGANIZATIONS THAT SHARE AN INTEREST IN RESTORING AND MAINTAINING THIS PART OF THE HERITAGE OF GREENWICH, CONNECTICUT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANTS SUPPORT THE RESTORATION OF THE INTERIOR AND EXTERIOR OF THE HISTORIC CHRIST CHURCH GREENWICH CAMPUS. RESTORATION INCLUDES REPAIRING ROOFING, GUTTERS, METAL FLASHING. MAJOR EXTERNAL DRAINAGE REPAIRS WERE ALSO HANDLED. APPROXIMATELY 1,000 INDIVIDUALS UTILIZE THE PARISH FACILITIES MONTHLY FOR AA, GIRL SCOUT, AND NEIGHBOR TO NEIGHBOR MEETINGS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 26.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: TO SUPPORT THE RESTORATION OF THE CHURCH. GRANTEE NAME: CHRIST CHURCH GREENWICH. GRANTEE ADDRESS: 254 EAST PUTNAM AVENUE GREENWICH, CT 06830. GRANTEE RELATIONSHIP: N/A. AMOUNT GIVEN: 28,450.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OFFICE EXPENSES. AMOUNT: 630.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/FilingSecurityInformation/IPTm013:22:41
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARRETT M HIGGINS
ReturnHeader/ReturnTs02019-11-11T13:22:44-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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