Civic Intelligence

Moraine Caddy Scholarship Fund

990 • Fiscal year 2017 • EIN 31-1773877

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

40 N Main Street No 500Dayton, OH 45423

(927) 225-9966

Siviq Scores

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

Liabilities / Assets

51st percentile

0.10x

Higher debt load relative to assets than 51% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.71x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

94th percentile

60%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

79th percentile

$128,568

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 54.9% of source-year revenue.

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

Asset Growth

76th percentile

16%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

93rd percentile

116%

Faster revenue growth than 93% of similar nonprofits.

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

Assets

Up

$1,637,372

Up $220,925 (+16%) from 2016

Net Assets

Up

$1,471,587

Up $222,140 (+18%) from 2016

Liabilities

Down

$165,785

Down $1,215 (-0.7%) from 2016

Revenue

Up

$234,171

Up $125,922 (+116%) from 2016

Expenses

Up

$94,429

Up $7,651 (+8.8%) from 2016

Net Income

Up

$139,742

Up $118,271 (+551%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,119,847Liabilities 2010: $110,233Net Assets 2010: $1,009,6142010Assets 2011: $1,047,667Liabilities 2011: $84,250Net Assets 2011: $963,4172011Assets 2012: $1,178,961Liabilities 2012: $131,750Net Assets 2012: $1,047,2112012Assets 2013: $1,317,265Liabilities 2013: $226,650Net Assets 2013: $1,090,6152013Assets 2014: $1,438,878Liabilities 2014: $224,250Net Assets 2014: $1,214,6282014Assets 2016: $1,416,447Liabilities 2016: $167,000Net Assets 2016: $1,249,4472016Assets 2017: $1,637,372Liabilities 2017: $165,785Net Assets 2017: $1,471,5872017Assets 2018: $1,601,361Liabilities 2018: $171,785Net Assets 2018: $1,429,5762018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2017

Assets$1,637,372
Liabilities$165,785
Net Assets$1,471,587

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $52,9132010Expenses 2011: $58,0172011Expenses 2012: $129,5762012Revenue 2013: $120,902Expenses 2013: $194,392Net Income 2013: -$73,4902013Revenue 2014: $226,848Expenses 2014: $92,076Net Income 2014: $134,7722014Revenue 2016: $108,249Expenses 2016: $86,778Net Income 2016: $21,4712016Revenue 2017: $234,171Expenses 2017: $94,429Net Income 2017: $139,7422017Revenue 2018: $263,737Expenses 2018: $96,903Net Income 2018: $166,8342018Revenue 2019: $341,269Expenses 2019: $57,438Net Income 2019: $283,8312019

Highlighted filing

2017

Revenue$234,171
Expenses$94,429
Net Income$139,742
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$234,171
Mission and Program Overview

Mission

To provide educational scholarships to caddies of the moraine country club

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,412,432$1,631,042▲ $218,610
Cash and Non-Interest-Bearing Accounts$2,365$4,330▲ $1,965
Pledges and Grants Receivable$1,650$2,000▲ $350
Total Assets$1,416,447$1,637,372▲ $220,925
Liabilities
Grants Payable$167,000$165,785▼ $1,215
Total Liabilities$167,000$165,785▼ $1,215
Net Assets / Fund Balance
Unrestricted Net Assets$1,249,447$1,471,587▲ $222,140
Total Net Assets Fund Balance$1,249,447$1,471,587▲ $222,140
Total Liabilities and Net Assets / Fund Balance$1,416,447$1,637,372▲ $220,925
Compensation and Service Providers

Employees

NameTitleOtherTotal
Diane TimmonsTrustee$128,568$128,568

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$82,595
Program Service Revenue
$0
Investment Income
$151,576
Other Revenue
$0
All Other Contributions
$47,325
Change in Net Assets
$139,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$70,250
Other Expenses$24,179
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$70,250--$70,250
Fees for Service Investment Mgmnt Fees-$4,714-$4,714
Fees for Services Accounting-$1,250-$1,250
Fees for Services Other-$458-$458
Other Expenses-$31-$31
All Other Expenses-$29-$29
Total Functional Expenses$70,250$24,179$0$94,429
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
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The governing board of the dayton foundation shall appoint no less than five nor more than eight trustees. One trustee may be appointed by the board of governors of moraine country club.

Form 990, Part VI, Section B, Line 11B

Form 990 is presented to management of the dayton foundation and the board of trustees for review and final authorization.

Form 990, Part VI, Section B, Line 12C

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy through annual reviews.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Moraine Caddy Scholarship Fund
EIN
31-1773877
Phone
9272259966
Address
40 N MAIN STREET NO 500, DAYTON, OH 45423

Signing Officer

Name
George Malacos
Title
Chair
Phone
9272259966
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Malacos
Formed
2001
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
10
Employees
0
Volunteers
8

Preparer

Firm
Flagel Huber Flagel
Address
3400 SOUTH DIXIE DRIVE, DAYTON, OH 45439
Preparer
Charles Craft
Phone
9372993400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The processes for overseeing the audit and selection of an independent accountant have not changed since the prior year.

FORM 990, PART IX, LINE 24A:

Administrative fees paid to the dayton foundation. Operating expenses are paid by the dayton foundation, inc. Funds in the moraine caddy scholarship fund are assessed fees that are transferred to the dayton foundation to offset the costs incurred to operate the moraine caddy scholarship fund.

Form 990, Schedule I, Part III, Column (B)

In cases where the number of recipients is reported as zero, the grants have been approved but not paid during the 2017 tax year.

Financial Statement Notes

PART X, LINE 2:

The foundation determines the recognition of uncertain tax positions, if applicable, that may subject the organization to unrelated business income tax by applying a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with tax authorities. Based on its review, management does not believe the foundation has taken any material uncertain tax positions, including any position that would place the foundation's exempt status in jeopardy as of june 30, 2017.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION DETERMINES THE RECOGNITION OF UNCERTAIN TAX POSITIONS, IF APPLICABLE, THAT MAY SUBJECT THE ORGANIZATION TO UNRELATED BUSINESS INCOME TAX BY APPLYING A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAX AUTHORITIES. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE FOUNDATION'S EXEMPT STATUS IN JEOPARDY AS OF JUNE 30, 2017.
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt012000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt110250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt212000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt312000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt412000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt512000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP - MIAMI UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIP - THE OHIO STATE UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2SCHOLARSHIP -UNIVERSITY OF CINCINNATI
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3SCHOLARSHIP - UNIVERSITY OF DAYTON
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4SCHOLARSHIP - UNIVERSITY OF SOUTH CAROLINA
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5SCHOLARSHIP - REGENT UNIVERSITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt13
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt33
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt40
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt50
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0NOT APPLICABLE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1NOT APPLICABLE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2NOT APPLICABLE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc3NOT APPLICABLE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc4NOT APPLICABLE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc5NOT APPLICABLE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE MORAINE CADDY SCHOLARSHIP FUND FOLLOWS THE PROCEDURES OF THE DAYTON FOUNDATION IN MONITORING THE USE OF GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BOARD OF THE DAYTON FOUNDATION SHALL APPOINT NO LESS THAN FIVE NOR MORE THAN EIGHT TRUSTEES. ONE TRUSTEE MAY BE APPOINTED BY THE BOARD OF GOVERNORS OF MORAINE COUNTRY CLUB.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PRESENTED TO MANAGEMENT OF THE DAYTON FOUNDATION AND THE BOARD OF TRUSTEES FOR REVIEW AND FINAL AUTHORIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH ANNUAL REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESSES FOR OVERSEEING THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAVE NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADMINISTRATIVE FEES PAID TO THE DAYTON FOUNDATION. OPERATING EXPENSES ARE PAID BY THE DAYTON FOUNDATION, INC. FUNDS IN THE MORAINE CADDY SCHOLARSHIP FUND ARE ASSESSED FEES THAT ARE TRANSFERRED TO THE DAYTON FOUNDATION TO OFFSET THE COSTS INCURRED TO OPERATE THE MORAINE CADDY SCHOLARSHIP FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IN CASES WHERE THE NUMBER OF RECIPIENTS IS REPORTED AS ZERO, THE GRANTS HAVE BEEN APPROVED BUT NOT PAID DURING THE 2017 TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, SCHEDULE I, PART III, COLUMN (B)
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE DAYTON FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0316027287
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1) (A)(VI)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt040 N MAIN STREET SUITE 500
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DAYTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd045423
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01416447
IRS990/TotalAssetsEOYAmt01637372
IRS990/TotalAssetsGrp/BOYAmt01416447
IRS990/TotalAssetsGrp/EOYAmt01637372
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt082595
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024179
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt070250
IRS990/TotalFunctionalExpensesGrp/TotalAmt094429
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0167000
IRS990/TotalLiabilitiesEOYAmt0165785
IRS990/TotalLiabilitiesGrp/BOYAmt0167000
IRS990/TotalLiabilitiesGrp/EOYAmt0165785
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01249447
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01471587
IRS990/TotalOtherCompensationAmt02642
IRS990/TotalProgramServiceExpensesAmt070250
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0151576
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0234171
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01416447
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01637372
IRS990/TotReportableCompRltdOrgAmt0125926
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01249447
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01471587
IRS990/UponRequestInd0X

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