Civic Intelligence

The Education Foundation

990 • Fiscal year 2012 • EIN 31-1705899

Jul 01, 2011 to Jun 30, 2012 • Filed on Nov 12, 2012

Organization ProfileWWW.EDUCATIONFDN.ORG
210 Sixth Avenue 33rd Floor15222
Siviq Scores

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

Liabilities / Assets

27th percentile

0.02x

Higher debt load relative to assets than 27% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets27th percentile

Assets

$1,716,859

No earlier filing loaded for comparison.

Net Assets

$1,685,841

No earlier filing loaded for comparison.

Liabilities

$31,018

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$761,249

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,716,859Liabilities 2012: $31,018Net Assets 2012: $1,685,8412012Assets 2013: $1,575,473Liabilities 2013: $10,318Net Assets 2013: $1,565,1552013Assets 2014: $1,443,462Liabilities 2014: $11,089Net Assets 2014: $1,432,3732014Assets 2015: $1,636,543Liabilities 2015: $43,893Net Assets 2015: $1,592,6502015Assets 2016: $1,536,109Liabilities 2016: $5,948Net Assets 2016: $1,530,1612016Assets 2017: $1,277,307Liabilities 2017: $22,315Net Assets 2017: $1,254,9922017Assets 2018: $1,133,098Liabilities 2018: $3,205Net Assets 2018: $1,129,8932018Assets 2019: $1,080,566Liabilities 2019: $3,280Net Assets 2019: $1,077,2862019Assets 2020: $1,048,617Liabilities 2020: $3,478Net Assets 2020: $1,045,1392020Assets 2021: $1,051,361Liabilities 2021: $3,506Net Assets 2021: $1,047,8552021Assets 2022: $913,028Liabilities 2022: $2,399Net Assets 2022: $910,6292022Assets 2023: $855,943Liabilities 2023: $0Net Assets 2023: $855,9432023Assets 2024: $1,114,200Liabilities 2024: $0Net Assets 2024: $1,114,2002024

Highlighted filing

2012

Assets$1,716,859
Liabilities$31,018
Net Assets$1,685,841
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KExpenses 2012: $761,2492012Expenses 2013: $974,6812013Revenue 2014: $657,099Expenses 2014: $789,881Net Income 2014: -$132,7822014Revenue 2015: $705,738Expenses 2015: $545,461Net Income 2015: $160,2772015Revenue 2016: $606,071Expenses 2016: $668,560Net Income 2016: -$62,4892016Revenue 2017: $274,510Expenses 2017: $446,777Net Income 2017: -$172,2672017Revenue 2018: $149,546Expenses 2018: $184,304Net Income 2018: -$34,7582018Revenue 2019: $29,515Expenses 2019: $100,330Net Income 2019: -$70,8152019Revenue 2020: $28,152Expenses 2020: $63,965Net Income 2020: -$35,8132020Revenue 2021: $9,345Expenses 2021: $77,273Net Income 2021: -$67,9282021Revenue 2022: $12,935Expenses 2022: $117,848Net Income 2022: -$104,9132022Revenue 2023: $3,863Expenses 2023: $109,186Net Income 2023: -$105,3232023Revenue 2024: $216,496Expenses 2024: $19,986Net Income 2024: $196,5102024

Highlighted filing

2012

Revenue-
Expenses$761,249
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Nov 12, 2012
Return Version
2011v1.2
Gross Receipts
$865,944
Mission and Program Overview

Mission

Founded in 1999, the education foundation was created to provide research, direct services, and offer scholarships to advance education.

Filing and Contact Details

Filer

EIN
31-1705899
Raw XML AppendixShowing 400 of 519 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.

Path#Value
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY04045
IRS990/AccountsPayableAccruedExpenses/EOY031018
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0TO PROMOTE RESEARCH AND STUDY IN THE FIELD OF PROFESSIONAL EDUCATION AND TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS ENGAGED IN SUCH STUDIES.
IRS990/AddressChange0X
IRS990/AddressPrincipalOfficerUS/AddressLine10210 SIXTH AVENUE 33RD FLOOR
IRS990/AddressPrincipalOfficerUS/City0PITTSBURGH
IRS990/AddressPrincipalOfficerUS/State0PA
IRS990/AddressPrincipalOfficerUS/ZIPCode015222
IRS990/AllOtherContributions0729963
IRS990/AmendedReturn0X
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee01
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CashNonInterestBearing/EOY02935
IRS990/ChangesToOrganizingDocs00
IRS990/CntrbtnsRprtdFundraisingEvents0105625
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/Fundraising08100
IRS990/CompCurrentOfficersDirectors/ManagementAndGeneral016200
IRS990/CompCurrentOfficersDirectors/ProgramServices08100
IRS990/CompCurrentOfficersDirectors/Total032400
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther01
IRS990/ComplianceWithBackupWitholding01
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContributionsGrantsCurrentYear0835588
IRS990/ContributionsGrantsPriorYear01160916
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval00
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties00
IRS990/DescribedIn501C301
IRS990/Description0PROVIDES SCHOLARSHIPS TO STUDENTS ATTENDING ANY SCHOOL THAT IS PART OF THE EDMC UMBRELLA.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/ElectionOfBoardMembers00
IRS990/EmploymentTaxReturnsFiled00
IRS990/ExcessBenefitTransaction00
IRS990/Expense0633012
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FeesForServicesAccounting/ManagementAndGeneral09213
IRS990/FeesForServicesAccounting/Total09213
IRS990/FeesForServicesLegal/ManagementAndGeneral013835
IRS990/FeesForServicesLegal/Total013835
IRS990/FinancialStatementSeparate0X
IRS990/FollowSFAS1170X
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount01
IRS990/ForeignOffice00
IRS990/Form8282PropertyDisposedOf00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek01.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek11.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek31.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek41.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek51.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek61.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek71.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek81.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek91.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1026.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector8X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector9X
IRS990/Form990PartVIISectionA/NamePerson0DENNIS FANTASKI
IRS990/Form990PartVIISectionA/NamePerson1TERRI LEAP
IRS990/Form990PartVIISectionA/NamePerson2LUCAS CARON
IRS990/Form990PartVIISectionA/NamePerson3ALISA KROUSE
IRS990/Form990PartVIISectionA/NamePerson4RONALD PUNTIL
IRS990/Form990PartVIISectionA/NamePerson5JEFF GLADSTONE
IRS990/Form990PartVIISectionA/NamePerson6DAVID ZORN
IRS990/Form990PartVIISectionA/NamePerson7DONALD MCDADE
IRS990/Form990PartVIISectionA/NamePerson8DAVID EREKSON
IRS990/Form990PartVIISectionA/NamePerson9CARLA CALDWELL
IRS990/Form990PartVIISectionA/NamePerson10RUTH SUMMERS
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/OtherCompensation100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1032400
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/Title0VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title1DIRECTOR
IRS990/Form990PartVIISectionA/Title2TREASURER
IRS990/Form990PartVIISectionA/Title3DIRECTOR
IRS990/Form990PartVIISectionA/Title4DIRECTOR
IRS990/Form990PartVIISectionA/Title5DIRECTOR
IRS990/Form990PartVIISectionA/Title6PRESIDENT
IRS990/Form990PartVIISectionA/Title7DIRECTOR
IRS990/Form990PartVIISectionA/Title8DIRECTOR
IRS990/Form990PartVIISectionA/Title9DIRECTOR
IRS990/Form990PartVIISectionA/Title10EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGoverningBody01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FundraisingActivities01
IRS990/FundraisingDirectExpenses032553
IRS990/FundraisingEvents0105625
IRS990/FundsToPayPremiums00
IRS990/Gaming00
IRS990/Grants0588563
IRS990/GrantsAndSimilarAmntsCY0588563
IRS990/GrantsAndSimilarAmntsPriorYear0559880
IRS990/GrantsToDomesticIndividuals/ProgramServices0588563
IRS990/GrantsToDomesticIndividuals/Total0588563
IRS990/GrantsToIndividuals01
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossIncomeFundraisingEvents027925
IRS990/GrossReceipts0865944
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/InformationTechnology/ManagementAndGeneral023080
IRS990/InformationTechnology/Total023080
IRS990/Insurance/ManagementAndGeneral09728
IRS990/Insurance/Total09728
IRS990/InvestmentIncomeCurrentYear02431
IRS990/InvestmentIncome/ExclusionAmount02431
IRS990/InvestmentIncomePriorYear03313
IRS990/InvestmentIncome/TotalRevenueColumn02431
IRS990/InvestmentInJointVenture00
IRS990/LandBldgEquipmentAccumDeprec014050
IRS990/LandBuildingsEquipmentBasis014050
IRS990/LandBuildingsEquipmentBasisNet/BOY00
IRS990/LandBuildingsEquipmentBasisNet/EOY00
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0THE CORPORATION IS FORMED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES, ALL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE OF 1986, AS THE SAME MAY BE AMENDED OR MODIFIED OR REPLACED BY ANY FUTURE UNITED STATES INTERNAL REVENUE LAW (THE "CODE"), INCLUDING, WITHOUT LIMITATION, TO PROMOTE RESEARCH AND STUDY IN THE FIELD OF PROFESSIONAL EDUCATION AND TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS ENGAGED IN SUCH STUDIES.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfForeignCountry0CA
IRS990/NameOfPrincipalOfficerPerson0LUCAS CARON
IRS990/NbrIndependentVotingMembers04
IRS990/NbrVotingGoverningBodyMembers010
IRS990/NbrVotingMembersGoverningBody010
IRS990/NetAssetsOrFundBalancesBOY01613699
IRS990/NetAssetsOrFundBalancesEOY01685841
IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount0-4628
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn0-4628
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109600
IRS990/NumberIndependentVotingMembers04
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees02
IRS990/NumberW2GIncluded00
IRS990/OfficeExpenses/Fundraising0841
IRS990/OfficeExpenses/ManagementAndGeneral0211
IRS990/OfficeExpenses/Total01052
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherExpensePriorYear047829
IRS990/OtherExpensesCurrentYear086086
IRS990/OtherExpenses/Description0MISCELLANEOUS
IRS990/OtherExpenses/Description1STATE REGISTRATION FEES
IRS990/OtherExpenses/Description2PAYROLL PROCESSING FEE
IRS990/OtherExpenses/Fundraising03380
IRS990/OtherExpenses/Fundraising1408
IRS990/OtherExpenses/ManagementAndGeneral022141
IRS990/OtherExpenses/ManagementAndGeneral1409
IRS990/OtherExpenses/ProgramServices0408
IRS990/OtherExpenses/Total022141
IRS990/OtherExpenses/Total13380
IRS990/OtherExpenses/Total21225
IRS990/OtherRevenueCurrentYear0-4628
IRS990/OtherRevenuePriorYear00
IRS990/OtherSalariesAndWages/Fundraising064
IRS990/OtherSalariesAndWages/ManagementAndGeneral013742
IRS990/OtherSalariesAndWages/ProgramServices033714
IRS990/OtherSalariesAndWages/Total047520
IRS990/OtherWebsite0X
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Fundraising02226
IRS990/PayrollTaxes/ManagementAndGeneral02227
IRS990/PayrollTaxes/ProgramServices02227
IRS990/PayrollTaxes/Total06680
IRS990/PermanentlyRestrictedNetAssets/BOY020000
IRS990/PermanentlyRestrictedNetAssets/EOY020000
IRS990/PledgesAndGrantsReceivable/BOY046040
IRS990/PledgesAndGrantsReceivable/EOY033250
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY0850
IRS990/PrepaidExpensesDeferredCharges/EOY00
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenueCY00
IRS990/ProgramServiceRevenuePriorYear00
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses072142
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities00
IRS990/ReportProgRelInvest00
IRS990/RevenuesLessExpensesCY072142
IRS990/RevenuesLessExpensesPriorYear0459244
IRS990/SalariesEtcCurrentYear086600
IRS990/SalariesEtcPriorYear097276
IRS990/SavingsAndTempCashInvestments/BOY01570854
IRS990/SavingsAndTempCashInvestments/EOY01680674
IRS990ScheduleA/AmountsSubstContributorsTotal0829866
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0835588
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year01160916
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years01191526
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years01026475
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0428690
IRS990ScheduleA/GiftsGrantsContribReceived170/Total04643195
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear02431
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year03313
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years09437
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years09961
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years016551
IRS990ScheduleA/GrossInvestmentIncome170/Total041693
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc01675
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.81400
IRS990ScheduleA/PublicSupportPertcentPriorYear00.76100
IRS990ScheduleA/PublicSupportTotal17003813329
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0835588
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year01160916
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years01191526
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years01026475
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0428690
IRS990ScheduleA/Total170/Total04643195
IRS990ScheduleA/TotalSupport04684888
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/CurrentYear/BeginningOfYearBalance020000
IRS990ScheduleD/CurrentYear/EndOfYearBalance020000
IRS990ScheduleD/CurrentYear/GrantsOrScholarships087
IRS990ScheduleD/CurrentYear/InvestmentEarningsOrLosses087
IRS990ScheduleD/CurrentYearMinus1Year/BeginningOfYearBalance020000
IRS990ScheduleD/CurrentYearMinus1Year/EndOfYearBalance020000
IRS990ScheduleD/CurrentYearMinus1Year/GrantsOrScholarships0178
IRS990ScheduleD/CurrentYearMinus1Year/InvestmentEarningsOrLosses0178
IRS990ScheduleD/CurrentYearMinus2Years/BeginningOfYearBalance020000
IRS990ScheduleD/CurrentYearMinus2Years/EndOfYearBalance020000
IRS990ScheduleD/CurrentYearMinus2Years/GrantsOrScholarships0271
IRS990ScheduleD/CurrentYearMinus2Years/InvestmentEarningsOrLosses0271
IRS990ScheduleD/CurrentYearMinus3Years/BeginningOfYearBalance020000
IRS990ScheduleD/CurrentYearMinus3Years/EndOfYearBalance020000
IRS990ScheduleD/CurrentYearMinus3Years/GrantsOrScholarships0166
IRS990ScheduleD/CurrentYearMinus3Years/InvestmentEarningsOrLosses0166
IRS990ScheduleD/DonatedServicesUseOfFacilities012000
IRS990ScheduleD/DonatedSrvcAndUseOfFacilities012000
IRS990ScheduleD/EndowmentsHeldByRelatedOrgs00
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs00
IRS990ScheduleD/Equipment/BookValue00
IRS990ScheduleD/Equipment/Depreciation014050
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis014050
IRS990ScheduleD/ExcessOrDeficitForYear072142
IRS990ScheduleD/ExcessOrDeficitPerFS072142
IRS990ScheduleD/ExpensesNotRptdF990012000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal0761249
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE PURPOSE OF THE FUND IS TO GENERATE INCOME TO BE USED TO PROVIDE ANNUAL SCHOLARSHIPS TO STUDENTS OF THE ART INSTITUTE OF MIAMI.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1THE FOUNDATION FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS PROVIDED FOR IN THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. THIS STATEMENT CLARIFIES THE CRITERIA THAT AN INDIVIDUAL TAX POSITION MUST SATISFY FOR SOME OR ALL OF THE BENEFITS OF THAT POSITION TO BE RECOGNIZED IN AN ENTITYS FINANCIAL STATEMENTS. IT ALSO PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT, AND A MEASUREMENT ATTRIBUTE FOR ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, IN ORDER FOR THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THERE WAS NO CUMULATIVE EFFECT ON THE FOUNDATIONS FINANCIAL STATEMENTS RELATED TO THE FOLLOWING OF THESE PROVISIONS, AND NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS WERE ACCRUED. THE FOUNDATION IS CURRENTLY OPEN TO AUDIT UNDER THE STATUTE OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES FOR YEARS ENDED JUNE 30, 2009 THROUGH 2012.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART V, LINE 4:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference1PART X:
IRS990ScheduleD/PermanentEndowmentEOYBalance01.00000
IRS990ScheduleD/RevenueNotRptdF990012000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0833391
IRS990ScheduleD/TotalExpenses0761249
IRS990ScheduleD/TotalExpensesPerForm9900761249
IRS990ScheduleD/TotalOfBookValueLandBuildings00
IRS990ScheduleD/TotalRevenue0833391
IRS990ScheduleD/TotalRevenuePerForm9900833391
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0773249
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0845391
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent10102125
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent203500
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal0105625
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents032553
IRS990ScheduleG/EventsInformation/FoodAndBeverageEvent10194
IRS990ScheduleG/EventsInformation/FoodAndBeverageTotalEvents0194
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent10126550
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent207000
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal0133550
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1024425
IRS990ScheduleG/EventsInformation/GrossRevenueEvent203500
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents027925
IRS990ScheduleG/EventsInformation/NameOfEvent10SUMMER GOLF TOURNAMENT
IRS990ScheduleG/EventsInformation/NameOfEvent20FALL 2011 GOLF
IRS990ScheduleG/EventsInformation/NetIncomeSummary0-4628
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent106203
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent20300
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents06503
IRS990ScheduleG/EventsInformation/RentFacilityCostsEvent1021063
IRS990ScheduleG/EventsInformation/RentFacilityCostsEvent204793
IRS990ScheduleG/EventsInformation/RentFacilityCostsTotalEvents025856
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant0588563
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients0535
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant0SCHOLARSHIPS
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: SCHOLARSHIP FUNDS ARE AWARDED ON A FINANCIAL NEED BASIS. THE CHECK IS SENT TO THE SCHOOL FOR ENDORSEMENT BY THE SCHOOL AND THE STUDENT. THE CHECK IS DEPOSITED INTO THE STUDENTS TUITION ACCOUNT.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I, LINE 2:
IRS990ScheduleI/RecordsMaintained01
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0A COPY OF THE 990 IS PROVIDED TO MEMBERS OF THE FINANCE/AUDIT COMMITTEE PRIOR TO FINAL FILING.
IRS990ScheduleO/GeneralExplanation/Explanation1DURING BOARD MEETINGS EACH MEMBER INFORMS THE BOARD OF ANY CONFLICT HE/SHE MAY HAVE REGARDING A DISCUSSION TOPIC. THE CONFLICT OF INTEREST POLICY AND THE DISCLOSURE QUESTIONNAIRE ARE REVIEWED AND SIGNED DURING OUR ANNUAL IN PERSON MEETING. THESE DOCUMENTS ARE KEPT ON FILE AT THE FOUNDATION OFFICE.
IRS990ScheduleO/GeneralExplanation/Explanation2THE INDEPENDENT BOARD OF DIRECTORS REVIEWS AND DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION RATE. IT WAS DETERMINED ON ECONOMIC AND MARKET CONDITIONS AT THE TIME THE RATE WAS SET. IN ADDITION, THE DUTIES OF THE EXECUTIVE DIRECTOR AND COMMUNICATIONS DIRECTOR ARE REVIEWED AND DISCUSSED DURING OUR ANNUAL IN PERSON MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation3THESE ARE MADE AVAILABLE BY REQUEST AND THE 990 IS AVAILABLE ON GUIDESTAR.
IRS990ScheduleO/GeneralExplanation/Explanation4THESE ARE MADE AVAILABLE BY REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5PROCESS HAS NOT CHANGED.
IRS990ScheduleO/GeneralExplanation/Explanation6UNRESTRICTED NET ASSETS AND TEMPORARILY RESTRICTED NET ASSETS PRESENTED FOR THE PRIOR YEAR HAVE BEEN RESTATED TO REFLECT A CHANGE IN THE TREATMENT OF CERTAIN CONTRIBUTIONS TO TWO SCHOOLS. TOTAL UNRESTRICTED AND TEMPORARILY RESTRICTED NET ASSETS DID NOT CHANGE.
IRS990ScheduleO/GeneralExplanation/Explanation7DUE TO A SOFTWARE ROLLFORWARD ERROR, THE ORIGINAL RETURN INCORRECTLY REFLECTED THE ORGANIZATION'S NAME. THE RETURN IS BEING AMENDED TO CORRECT THE NAME (SAME NAME AS REPORTED IN THE PRIOR YEAR). ADDITIONALLY, DUE TO A RECENT MOVE, THE ADDRESS HAS BEEN UPDATED. THE FOUNDATION'S WEBSITE HAS ALSO BEEN UPDATED.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART XII, LINE 2C - AUDIT OVERSIGHT:
IRS990ScheduleO/GeneralExplanation/ReturnReference6PART X, BALANCE SHEET, LINE 27 AND 28:
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, ITEM B, AMENDED RETURN - REASON FOR AMENDMENT:
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0PA
IRS990/StatesWhereCopyOfReturnIsFiled0AL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,716,859
Liabilities
$31,018
Net assets
$1,685,841
Revenue
-
Expenses
$761,249
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.22$0.02$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.00$0.11$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.01$0.12$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.01$0.08$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.03$0.06$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.03$0.10$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.15$0.18$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.02$1.25$0.27$0.45$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.01$1.53$0.61$0.67$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.64$0.04$1.59$0.71$0.55$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.44$0.01$1.43$0.66$0.79$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.01$1.57$0.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.03$1.69$0.76