Civic Intelligence

The Seedling Foundation of Dayton Ohio

990 • Fiscal year 2015 • EIN 31-1427991

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 11, 2015

PO Box 1858Dayton, OH 45401

(937) 479-9498

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

22nd percentile

-8.8%

Higher net margin than 22% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

13th percentile

-13%

Faster asset growth than 13% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

39th percentile

-1.1%

Faster revenue growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$308,082

Down $47,315 (-13%) from 2014

Net Assets

Down

$308,082

Down $47,285 (-13%) from 2014

Liabilities

Down

$0

Down $30 (-100%) from 2014

Revenue

Down

$527,314

Down $5,986 (-1.1%) from 2014

Expenses

Up

$573,536

Up $179,835 (+46%) from 2014

Net Income

Down

-$46,222

Down $185,821 (-133%) from 2014

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 2013: $201,203Liabilities 2013: $30Net Assets 2013: $201,1732013Assets 2014: $355,397Liabilities 2014: $30Net Assets 2014: $355,3672014Assets 2015: $308,082Liabilities 2015: $0Net Assets 2015: $308,0822015Assets 2016: $1,684,256Liabilities 2016: $0Net Assets 2016: $1,684,2562016Assets 2017: $2,014,748Liabilities 2017: $0Net Assets 2017: $2,014,7482017Assets 2018: $1,872,424Liabilities 2018: $0Net Assets 2018: $1,872,4242018Assets 2019: $1,886,908Liabilities 2019: $0Net Assets 2019: $1,886,9082019Assets 2020: $1,880,544Liabilities 2020: $0Net Assets 2020: $1,880,5442020Assets 2021: $2,339,437Liabilities 2021: $0Net Assets 2021: $2,339,4372021Assets 2022: $1,939,547Liabilities 2022: $0Net Assets 2022: $1,939,5472022Assets 2023: $2,077,923Liabilities 2023: $0Net Assets 2023: $2,077,9232023

Highlighted filing

2015

Assets$308,082
Liabilities$0
Net Assets$308,082

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2013: $342,7422013Revenue 2014: $533,300Expenses 2014: $393,701Net Income 2014: $139,5992014Revenue 2015: $527,314Expenses 2015: $573,536Net Income 2015: -$46,2222015Revenue 2016: $1,766,077Expenses 2016: $427,639Net Income 2016: $1,338,4382016Revenue 2017: $665,927Expenses 2017: $466,261Net Income 2017: $199,6662017Revenue 2018: $301,444Expenses 2018: $604,719Net Income 2018: -$303,2752018Revenue 2019: $383,416Expenses 2019: $478,779Net Income 2019: -$95,3632019Revenue 2020: $181,889Expenses 2020: $260,104Net Income 2020: -$78,2152020Revenue 2021: $273,703Expenses 2021: $186,416Net Income 2021: $87,2872021Revenue 2022: $325,958Expenses 2022: $264,658Net Income 2022: $61,3002022Revenue 2023: $312,651Expenses 2023: $335,037Net Income 2023: -$22,3862023

Highlighted filing

2015

Revenue$527,314
Expenses$573,536
Net Income-$46,222
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 11, 2015
Return Version
2014v6.0
Gross Receipts
$527,314
Mission and Program Overview

Mission

The seedling foundation is a non-profit 501c3 organization establishedto benefit students at a public magnet school for the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$164,543$249,374▲ $84,831
Cash and Non-Interest-Bearing Accounts$188,838$58,708▼ $130,130
Inventories for Sale or Use$2,016--
Accounts Receivable$1,049--
Total Assets$356,446$308,082▼ $48,364
Liabilities
Accounts Payable and Accrued Expenses$30--
Total Liabilities$30$0▼ $30
Net Assets / Fund Balance
Unrestricted Net Assets$356,416$308,082▼ $48,334
Total Net Assets Fund Balance$356,416$308,082▼ $48,334
Total Liabilities and Net Assets / Fund Balance$356,446$308,082▼ $48,364
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill PflaumPast President
Karen Wick GagnetPresident
Debbie Blunden DiggsVice President
David DrerupExecutive Director
Jan BalbachTrustee
Jessica BertoloTrustee
John LynnTrustee
Kathleen FoleyTrustee
Kevin BusarowTrustee
Liz WhippsTrustee
Shannon IsomTrustee
Yvonne IsaacsTrustee
Erin DooleyPrincipal
Toni HudsonSecretary
David DrerupTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$523,356
Program Service Revenue
$3,636
Investment Income
$322
Other Revenue
$0
All Other Contributions
$520,781
Change in Net Assets
$-46,222
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$345,836
Grants and Similar Amounts Paid$140,283
Salaries, Compensation, and Employee Benefits$87,417
Total Fundraising Expense$39,741
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$291,260--$291,260
Grants to Domestic Orgs$140,283--$140,283
Other Salaries and Wages$50,782$28,968-$79,750
Advertising--$16,215$16,215
Payroll Taxes-$7,667-$7,667
Information Technology-$4,911-$4,911
Fees for Services Accounting-$2,958-$2,958
Conferences and Meetings-$1,750-$1,750
Other Expenses-$1,022$23,526$1,022
Insurance-$850-$850
Fees for Services Management-$372-$372
Total Functional Expenses$482,325$51,470$39,741$573,536
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
Backup withholding compliance
Yes
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
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 governing body review Part VI line 11

Form 990 is provided to the executive director who distributes to appropriate board members for review.

Conflict of interest policy compliance Part VI line 12C

Board conflict of interest disclosures are submitted to staff and reviewed periodically.

CEO executive director top management comp Part VI line 15A

A selection of board members examines executive director compensation at time of hiring in comparison to external information for similar organizations and consideration for the organizations available funds. Performance reviews are expected periodically.

Governing documents etc available to public Part VI line 19

Governing documents and policies are available to the public upon request. The organizations website provides publicly available contact information.

Filing and Contact Details

Filer

Filer Name
Seedling Foundation
EIN
31-1427991
Address
PO BOX 1858, DAYTON, OH 45401

Signing Officer

Name
David Drerup
Title
Treasurer
Phone
9374799498
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Drerup
Formed
1995
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
4
Volunteers
50

Preparer

Firm
Ellen S Fodge CPA LLC
Address
356 CLARANNA AVE, Dayton, OH 45419
Preparer
Ellen S Fodge CPA
Phone
9372993816
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Certain small old balances are written off due to inactivity and no future activity expected:accounts receivable = ($2,021)

List of other fees for services expenses Part IX line 11G

Program services other expenses:1. Renovation and reconstruction of school auditorium included expenses for construction, new seating, curtains, lighting, sound equipment, digital recording and archiving equipment = $247,1302. Scholarships for summer programs, workshops and training at arts schools = $38,1573. Adjunct teacher expenses for special artists and teachers to offer concentrated programs that are not in funding from public school system = $5,973

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IRS990/OtherExpensesGrp/TotalAmt025572
IRS990/OtherExpensesGrp/TotalAmt1776
IRS990/OtherExpensesGrp/TotalAmt2150
IRS990/OtherExpensesGrp/TotalAmt31022
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt028968
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt050782
IRS990/OtherSalariesAndWagesGrp/TotalAmt079750
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07667
IRS990/PayrollTaxesGrp/TotalAmt07667
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IRS990/PrincipalOfficerNm0DAVID DRERUP
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03636
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03636
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORT PROVIDED FOR SCHOOL YEAR ARTS PROGRAMS IN THE FORMS OF ASSISTANCE WITH PURCHASE AND REPAIR OF MUSICAL INSTRUMENTS, THEATRE STAGING AND PROPS, LIGHTING, MUSIC STANDS, MUSIC AND ART SUPPLIES, FEES FOR ATTENDANCE AT PERFORMANCES OR FIELD TRIPS, TRANSPORTATION OF PERFORMING GROUPS, SERVICES FOR LIGHTING AND SOUND ENGINEERS, BOOKS, UNIFORMS, COSTUME. ESSENTIAL SUPPORT THAT MAKES A PUBLIC SCHOOL ONE THAT CAN PROVIDE AN EMPHASIS ON STUDIES OF THE ARTS SINCE THE PUBLIC SCHOOL SYSTEM PROVIDS VERY MINIMAL ASSISTANCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0159032
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0132508
IRS990/ProgSrvcAccomActy3Grp/Desc0SUPPORT PROVIDED FOR SCHOLARSHIPS IN VISUAL AND PERFORMING ARTS FOR STUDENTS TO ATTEND SUMMER PROGRAMS OR CAMPS AT PLACES SUCH AS INTERLOCHEN ACADEMY FOR THE ARTS AND CERTAIN COLLEGES AND UNIVERSITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt043270
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt036138
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SUPPORT FOR ADJUNCT TEACHING STAFF AT STIVERS SCHOOL FOR THE ARTS. EXTERNAL TEACHING STAFF BROUGHT INTO THE SCHOOL TO SATISFY ADDITIONAL NEEDS IN CREATIVE WRITING, MUSIC, ART, DANCE, PHOTOGRAPHY, BAND,ORCHESTRA,PIANO, CHOIR, SCULPTURE DUE TO SHORTFALL OF PUBLIC SCHOOLFUNDS.THESE TEACHERS ARE ALSO HIRED FOR SUMMER SESSIONS FOR CONCENTRATED WORK IN THE MAGNET AREAS OF THE ARTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt06541
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt04015
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IRS990/PYContributionsGrantsAmt0357077
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0293538
IRS990/PYInvestmentIncomeAmt0201
IRS990/PYOtherExpensesAmt028512
IRS990/PYOtherRevenueAmt0717
IRS990/PYProgramServiceRevenueAmt0175305
IRS990/PYRevenuesLessExpensesAmt0139599
IRS990/PYSalariesCompEmpBnftPaidAmt071651
IRS990/PYTotalExpensesAmt0393701
IRS990/PYTotalRevenueAmt0533300
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IRS990/ReconcilationRevenueExpnssAmt0-46222
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IRS990/RevenueAmt0228876
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0164543
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0249374
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0520781
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0200510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0205815
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0132931
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0120553
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01180590
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0322
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0302
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0249
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0453
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0836
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02162
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt058667
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt095843
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0123260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0107824
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0385594
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt03635
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03635
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0322
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0302
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0249
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0453
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0836
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02162
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IRS990ScheduleA/PublicSupportCY509Pct00.99860
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0259177
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0301658
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0256191
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0228377
IRS990ScheduleA/Total509Grp/TotalAmt01569819
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0524738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0259479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0301907
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0256644
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0229213
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01571981
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR WHO DISTRIBUTES TO APPROPRIATE BOARD MEMBERS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD CONFLICT OF INTEREST DISCLOSURES ARE SUBMITTED TO STAFF AND REVIEWED PERIODICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A SELECTION OF BOARD MEMBERS EXAMINES EXECUTIVE DIRECTOR COMPENSATION AT TIME OF HIRING IN COMPARISON TO EXTERNAL INFORMATION FOR SIMILAR ORGANIZATIONS AND CONSIDERATION FOR THE ORGANIZATIONS AVAILABLE FUNDS. PERFORMANCE REVIEWS ARE EXPECTED PERIODICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATIONS WEBSITE PROVIDES PUBLICLY AVAILABLE CONTACT INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CERTAIN SMALL OLD BALANCES ARE WRITTEN OFF DUE TO INACTIVITY AND NO FUTURE ACTIVITY EXPECTED:ACCOUNTS RECEIVABLE = ($2,021)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROGRAM SERVICES OTHER EXPENSES:1. RENOVATION AND RECONSTRUCTION OF SCHOOL AUDITORIUM INCLUDED EXPENSES FOR CONSTRUCTION, NEW SEATING, CURTAINS, LIGHTING, SOUND EQUIPMENT, DIGITAL RECORDING AND ARCHIVING EQUIPMENT = $247,1302. SCHOLARSHIPS FOR SUMMER PROGRAMS, WORKSHOPS AND TRAINING AT ARTS SCHOOLS = $38,1573. ADJUNCT TEACHER EXPENSES FOR SPECIAL ARTISTS AND TEACHERS TO OFFER CONCENTRATED PROGRAMS THAT ARE NOT IN FUNDING FROM PUBLIC SCHOOL SYSTEM = $5,973
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt0308082
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IRS990/TotalContributionsAmt0523356
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt039741
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051470
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0482325

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