Civic Intelligence

Golay Foundation Inc Co Robert a Ramsey

990PF • Fiscal year 2022 • EIN 31-0929865

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

Organization Profile
10647 Jewel LaneCarmel, IN 46032

(317) 507-4671

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2022 filings • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

29th percentile

0.00x

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

2022 filings • $1M-$5M nonprofits • Source year 2022

Net Margin

11th percentile

-65%

Higher net margin than 11% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

50th percentile

$12,800

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2022 filings • $1M-$5M nonprofits • Source year 2022

Asset Growth

38th percentile

-2.9%

Faster asset growth than 38% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

14th percentile

-46%

Faster revenue growth than 14% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets31st percentile

Assets

Down

$4,317,859

Down $130,862 (-2.9%) from 2021

Net Assets

Down

$4,317,859

Down $130,862 (-2.9%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin11th percentile

Revenue

Down

$161,342

Down $135,190 (-46%) from 2021

Expenses

Down

$266,694

Down $50,560 (-16%) from 2021

Net Income

Down

-$105,352

Down $84,630 (-408%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,814,185Liabilities 2011: $0Net Assets 2011: $3,814,1852011Assets 2012: $3,730,597Liabilities 2012: $0Net Assets 2012: $3,730,5972012Assets 2013: $3,633,703Liabilities 2013: $0Net Assets 2013: $3,633,7032013Assets 2014: $3,607,499Liabilities 2014: $0Net Assets 2014: $3,607,4992014Assets 2015: $3,513,467Liabilities 2015: $0Net Assets 2015: $3,513,4672015Assets 2016: $4,630,113Liabilities 2016: $0Net Assets 2016: $4,630,1132016Assets 2017: $4,744,760Liabilities 2017: $0Net Assets 2017: $4,744,7602017Assets 2018: $4,529,360Liabilities 2018: $0Net Assets 2018: $4,529,3602018Assets 2019: $4,566,885Liabilities 2019: $0Net Assets 2019: $4,566,8852019Assets 2020: $4,469,443Liabilities 2020: $0Net Assets 2020: $4,469,4432020Assets 2021: $4,448,721Liabilities 2021: $0Net Assets 2021: $4,448,7212021Assets 2022: $4,317,859Liabilities 2022: $0Net Assets 2022: $4,317,8592022Assets 2023: $4,203,201Liabilities 2023: $0Net Assets 2023: $4,203,2012023Assets 2024: $4,066,119Liabilities 2024: $0Net Assets 2024: $4,066,1192024

Highlighted filing

2022

Assets$4,317,859
Liabilities$0
Net Assets$4,317,859
Open 2022 Filing

Operations Trend

Revenue Growth14th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $123,7712011Expenses 2012: $204,2442012Revenue 2013: $87,936Expenses 2013: $184,830Net Income 2013: -$96,8942013Revenue 2014: $138,017Expenses 2014: $164,221Net Income 2014: -$26,2042014Revenue 2015: $96,339Expenses 2015: $190,371Net Income 2015: -$94,0322015Revenue 2016: $1,362,210Expenses 2016: $245,564Net Income 2016: $1,116,6462016Revenue 2017: $351,676Expenses 2017: $237,029Net Income 2017: $114,6472017Revenue 2018: $187,521Expenses 2018: $402,921Net Income 2018: -$215,4002018Revenue 2019: $303,501Expenses 2019: $265,976Net Income 2019: $37,5252019Revenue 2020: $224,603Expenses 2020: $322,045Net Income 2020: -$97,4422020Revenue 2021: $296,532Expenses 2021: $317,254Net Income 2021: -$20,7222021Revenue 2022: $161,342Expenses 2022: $266,694Net Income 2022: -$105,3522022Revenue 2023: $247,056Expenses 2023: $361,246Net Income 2023: -$114,1902023Revenue 2024: $183,918Expenses 2024: $320,415Net Income 2024: -$136,4972024

Highlighted filing

2022

Revenue$161,342
Expenses$266,694
Net Income-$105,352
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY JAROSINSKIPresident/Secretary/TreasuPT$12,800-$12,800
BETTY CRIMVice-President-$0--
JENNIFER ROBINSONMember-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantGOLAY COMMUNITY CENTERCASH FOR OPERATIONSEOFCAMBRIDGE CITY, IN, US$180,000
Paid GrantTHE AMERICAN RED CROSSCASH FOR OPERATIONSPCRICHMOND, IN, US$10,000
Paid GrantFRIENDS FELLOWSHIP COMMUNITY INCCASH FOR OPERATIONSPCRICHMOND, IN, US$10,000
Paid GrantCOMMUNITIES IN SCHOOLS INDIANACASH FOR OPERATIONSPCINDIANAPOLIS, IN, US$5,000
Paid GrantHOPE HOUSECASH FOR OPERATIONSPCRICHMOND, IN, US$5,000
Paid GrantCATHOLIC CHARITIESCASH FOR OPERATIONSPCINDIANAPOLIS, IN, US$1,000
Paid GrantANDERSON UNIVERSITY WOMEN'S LACROSSECASH FOR OPERATIONSPCANDERSON, IN, US$500
Filing and Contact Details

Filer

Filer Name
Golay Foundation Inc
EIN
31-0929865
Phone
3175074671
Address
10647 JEWEL LANE, CARMEL, IN 46032

Signing Officer

Name
Nancy Jarosinski
Title
President
Phone
3175074671
Signed
2023-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Sikich Llp
Address
8555 N RIVER RD 300, INDIANAPOLIS, IN 46240
Preparer
Bridgette Mugge
Phone
3178424466
Raw XML Appendix376 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt21641 IDLEWILD DRIVE
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5THE AMERICAN RED CROSS
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt11400 N MERIDIAN ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt25275 KENTUCKY AVE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt31007 EAST MAIN STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt4PO BOX 1828
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt51417 NORTH A STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt62030 CHESTER BLVD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0ANDERSON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1INDIANAPOLIS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2INDIANAPOLIS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3CAMBRIDGE CITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4RICHMOND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm5RICHMOND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm6RICHMOND
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd3IN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd4IN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd5IN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd6IN
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd146202
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd246221
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd347327
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd447375
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd547374
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd647374
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IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0211500
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0228353
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0270675
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt042322
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt07097
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt051447
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt05389
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt042322
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt021611
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt07097
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt014514
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0228353
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt021611
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt063933
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
OtherDecreasesSchedule/OtherDecreasesDetail/Amt025510
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0ADJUSTMENT TO COST BASIS OF SECURITIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0DIRECTORS INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1K-1 OTHER DEDUCTIONS
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OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt17041
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt01438
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt10
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt028824
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OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt028824
TaxesSchedule/TaxesDetail/Amt05592
TaxesSchedule/TaxesDetail/Amt13925
TaxesSchedule/TaxesDetail/CategoryTxt0TAXES PAID
TaxesSchedule/TaxesDetail/CategoryTxt1FOREIGN WITHHOLDING
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TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt10
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt13925
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY JAROSINSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03175074671
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOLAY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GOLA
ReturnHeader/Filer/EIN0310929865
ReturnHeader/Filer/PhoneNum03175074671
ReturnHeader/Filer/USAddress/AddressLine1Txt010647 JEWEL LANE
ReturnHeader/Filer/USAddress/CityNm0CARMEL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046032
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363168081
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SIKICH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08555 N RIVER RD 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046240
ReturnHeader/PreparerPersonGrp/PhoneNum03178424466
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIDGETTE MUGGE
ReturnHeader/ReturnTs02023-11-14T08:09:43-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NANCY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JAROSINSKI
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2022 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,317,859
Liabilities
$0
Net assets
$4,317,859
Revenue
$161,342
Expenses
$266,694
Net income
-$105,352
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.07$0.00$4.07$0.18$0.32$0.14
2023Detailed filing. Detailed filing data is available for this year.$4.20$0.00$4.20$0.25$0.36$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.32$0.00$4.32$0.16$0.27$0.11
2021Detailed filing. Detailed filing data is available for this year.$4.45$0.00$4.45$0.30$0.32$0.02
2020Detailed filing. Detailed filing data is available for this year.$4.47$0.00$4.47$0.22$0.32$0.10
2019Detailed filing. Detailed filing data is available for this year.$4.57$0.00$4.57$0.30$0.27$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.53$0.00$4.53$0.19$0.40$0.22
2017Detailed filing. Detailed filing data is available for this year.$4.74$0.00$4.74$0.35$0.24$0.11
2016Detailed filing. Detailed filing data is available for this year.$4.63$0.00$4.63$1.36$0.25$1.12
2015Detailed filing. Detailed filing data is available for this year.$3.51$0.00$3.51$0.10$0.19$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.61$0.00$3.61$0.14$0.16$0.03
2013Detailed filing. Detailed filing data is available for this year.$3.63$0.00$3.63$0.09$0.18$0.10
2012Detailed filing. Detailed filing data is available for this year.$3.73$0.00$3.73$0.20
2011Detailed filing. Detailed filing data is available for this year.$3.81$0.00$3.81$0.12