Civic Intelligence

The Seedling Foundation of Dayton Ohio

990 • Fiscal year 2017 • EIN 31-1427991

Jul 01, 2016 to Jun 30, 2017 • Filed on May 31, 2018

PO Box 1858Dayton, OH 45401

(937) 542-7380

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

50th percentile

$62,308

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

80th percentile

20%

Faster asset growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-62%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,014,748

Up $330,492 (+20%) from 2016

Net Assets

Up

$2,014,748

Up $330,492 (+20%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$665,927

Down $1,100,150 (-62%) from 2016

Expenses

Up

$466,261

Up $38,622 (+9.0%) from 2016

Net Income

Down

$199,666

Down $1,138,772 (-85%) from 2016

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

2017

Assets$2,014,748
Liabilities$0
Net Assets$2,014,748

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

2017

Revenue$665,927
Expenses$466,261
Net Income$199,666
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 31, 2018
Return Version
2016v3.0
Gross Receipts
$665,927
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
Investments Program Related$1,281,347$1,365,977▲ $84,630
Cash and Non-Interest-Bearing Accounts$336,254$581,996▲ $245,742
Savings and Temporary Cash Investments$66,655$66,775▲ $120
Total Assets$1,684,256$2,014,748▲ $330,492
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$176,544$1,483,694▲ $1,307,150
Unrestricted Net Assets$1,507,712$531,054▼ $976,658
Total Net Assets Fund Balance$1,684,256$2,014,748▲ $330,492
Total Liabilities and Net Assets / Fund Balance$1,684,256$2,014,748▲ $330,492

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,365,977--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dave DrerupExecutive DirectorFT$62,308$62,308

Board Members and Trustees

NameTitle
Bill PflaumPast President
Karen Wick-gagnetPresident
Jessica BertoloVice President
Bill Lytle EwingTrustee
Debbie Blunden-diggsTrustee
Jan BalbachTrustee
John LynnTrustee
Jon SebalyTrustee
Kevin BusarowTrustee
Kevin TunstallTrustee
Shannon IsomTrustee
Yvonne IsaacsTrustee
Toni HudsonSecretary
Jen HaldermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$635,119
Program Service Revenue
$6,165
Investment Income
$24,643
Other Revenue
$0
All Other Contributions
$626,036
Change in Net Assets
$199,666
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$228,828
Salaries, Compensation, and Employee Benefits$192,306
Other Expenses$45,127
Total Fundraising Expense$3,189
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$228,828--$228,828
Other Salaries and Wages$76,779$39,553-$116,332
Current Officers, Directors, Trustees, and Key Employees$41,123$21,185-$62,308
Fees for Service Investment Mgmnt Fees-$17,873-$17,873
Payroll Taxes$9,019$4,647-$13,666
Other Expenses-$4,319$405$4,319
Office Expenses-$4,107-$4,107
Information Technology-$3,750-$3,750
Fees for Services Other-$2,067-$2,067
Advertising--$994$994
Insurance-$905-$905
Conferences and Meetings-$57-$57
Total Functional Expenses$355,749$107,323$3,189$466,261
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Stivers School for the ArtsDayton, OH-Support the Progs of Magnet Arts School$228,828
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 periodically reviewed.

CEO executive director top management comp Part VI line 15A

A selection of board members examines executive director performance and compensation at time of hiriing in comparison to external information for similar organizations with consideration for the organizations available funds and budgets. Performance reviews are performed annually.

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
Dave Drerup
Title
Executive Direc
Phone
9374799498
Signed
2018-05-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Wick-gagnet
Formed
1995
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
19
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

Adjustment to net assets for timing differences in bank acct transfers of $9091

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04107
IRS990/OfficeExpensesGrp/TotalAmt04107
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IRS990/OtherChangesInNetAssetsAmt09091
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IRS990/OtherExpensesGrp/Desc1FUNDRAISING PRINTING
IRS990/OtherExpensesGrp/Desc2PRINTING
IRS990/OtherExpensesGrp/Desc3VOLUNTEER RECOGNITION
IRS990/OtherExpensesGrp/FundraisingAmt01790
IRS990/OtherExpensesGrp/FundraisingAmt1405
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08860
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14319
IRS990/OtherExpensesGrp/TotalAmt01790
IRS990/OtherExpensesGrp/TotalAmt1405
IRS990/OtherExpensesGrp/TotalAmt28860
IRS990/OtherExpensesGrp/TotalAmt34319
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039553
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt076779
IRS990/OtherSalariesAndWagesGrp/TotalAmt0116332
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04647
IRS990/PayrollTaxesGrp/ProgramServicesAmt09019
IRS990/PayrollTaxesGrp/TotalAmt013666
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IRS990/PrincipalOfficerNm0KAREN WICK-GAGNET
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06165
IRS990/ProgSrvcAccomActy2Grp/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.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt089780
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IRS990/PYProgramServiceRevenueAmt07136
IRS990/PYRevenuesLessExpensesAmt01338438
IRS990/PYSalariesCompEmpBnftPaidAmt0141472
IRS990/PYTotalExpensesAmt0427639
IRS990/PYTotalRevenueAmt01766077
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IRS990/ReconcilationRevenueExpnssAmt0199666
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RevenueAmt0551504
IRS990/SavingsAndTempCashInvstGrp/BOYAmt066655
IRS990/SavingsAndTempCashInvstGrp/EOYAmt066775
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01747289
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0523356
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0520781
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0200510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0205815
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03197751
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt011652
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0322
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0322
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0302
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0249
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt012847
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07136
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03636
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03635
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt058667
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt095843
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0168917
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt011652
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0322
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0322
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0302
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0249
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012847
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0526992
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0524416
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0259177
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0301658
IRS990ScheduleA/Total509Grp/TotalAmt03366668
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0527314
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0524738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0259479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0301907
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03379515
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01365977
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0DAYTON FOUNDATION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueProgramRltdAmt01365977
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IRS990ScheduleI/RecipientTable/CashGrantAmt0228828
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0126921
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0ALLOCATED PAYROLL OF STAFF HRLY ESTIMATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT THE PROGS OF MAGNET ARTS SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0STIVERS SCHOOL FOR THE ARTS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01313 E 5TH ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Dayton
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd045402
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0ACTUAL EXPENSES
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IRS990/ScheduleORequiredInd0true
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 PERIODICALLY REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A SELECTION OF BOARD MEMBERS EXAMINES EXECUTIVE DIRECTOR PERFORMANCE AND COMPENSATION AT TIME OF HIRIING IN COMPARISON TO EXTERNAL INFORMATION FOR SIMILAR ORGANIZATIONS WITH CONSIDERATION FOR THE ORGANIZATIONS AVAILABLE FUNDS AND BUDGETS. PERFORMANCE REVIEWS ARE PERFORMED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATIONS WEBSITE PROVIDES PUBLICLY AVAILABLE CONTACT INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ADJUSTMENT TO NET ASSETS FOR TIMING DIFFERENCES IN BANK ACCT TRANSFERS OF $9091
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
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IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0176544
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01483694
IRS990/TempOrPermanentEndowmentsInd0false

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