Civic Intelligence

Coshocton Foundation

990 • Fiscal year 2016 • EIN 31-6064567

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 14, 2017

220 S 4th Street PO Box 55Coshocton, OH 43812

(740) 622-0010

Siviq Scores

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

Liabilities / Assets

9th percentile

0.01x

Higher debt load relative to assets than 9% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

28th percentile

0.14x

Higher debt load relative to revenue than 28% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

79th percentile

16%

Higher net margin than 79% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

8th percentile

$51,798

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

50th percentile

2.4%

Faster asset growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-58%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$32,248,862

Up $1,127,919 (+3.6%) from 2014

Net Assets

Up

$32,005,749

Up $1,078,647 (+3.5%) from 2014

Liabilities

Up

$243,113

Up $49,272 (+25%) from 2014

Revenue

Up

$1,740,452

Up $159,564 (+10%) from 2014

Expenses

Up

$1,453,608

Up $389,258 (+37%) from 2014

Net Income

Down

$286,844

Down $229,694 (-44%) from 2014

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2014: $31,120,943Liabilities 2014: $193,841Net Assets 2014: $30,927,1022014Assets 2016: $32,248,862Liabilities 2016: $243,113Net Assets 2016: $32,005,7492016Assets 2018: $37,350,288Liabilities 2018: $435,611Net Assets 2018: $36,914,6772018Assets 2021: $49,017,547Liabilities 2021: $2,191,255Net Assets 2021: $46,826,2922021Assets 2022: $40,717,869Liabilities 2022: $1,646,790Net Assets 2022: $39,071,0792022Assets 2025: $50,022,431Liabilities 2025: $2,102,445Net Assets 2025: $47,919,9862025

Highlighted filing

2016

Assets$32,248,862
Liabilities$243,113
Net Assets$32,005,749

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,580,888Expenses 2014: $1,064,350Net Income 2014: $516,5382014Revenue 2016: $1,740,452Expenses 2016: $1,453,608Net Income 2016: $286,8442016Revenue 2018: $2,368,398Expenses 2018: $1,355,577Net Income 2018: $1,012,8212018Revenue 2021: $2,953,359Expenses 2021: $4,026,898Net Income 2021: -$1,073,5392021Revenue 2022: $5,772,965Expenses 2022: $1,734,462Net Income 2022: $4,038,5032022Revenue 2025: $2,719,818Expenses 2025: $2,223,811Net Income 2025: $496,0072025

Highlighted filing

2016

Revenue$1,740,452
Expenses$1,453,608
Net Income$286,844
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$1,740,452
Mission and Program Overview

Mission

COMMUNITY FOUNDATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$27,310,762$27,534,750▲ $223,988
Pledges and Grants Receivable$2,700,000$2,700,000→ $0
Investments Other Securities$864,327$1,401,000▲ $536,673
Cash and Non-Interest-Bearing Accounts$303,048$306,807▲ $3,759
Land, Buildings, and Equipment, Net$304,574$298,389▼ $6,185
Savings and Temporary Cash Investments$7,916$7,916→ $0
Total Assets$31,490,627$32,248,862▲ $758,235
Liabilities
Grants Payable$247,324$239,173▼ $8,151
Accounts Payable and Accrued Expenses$3,527$3,940▲ $413
Total Liabilities$250,851$243,113▼ $7,738
Net Assets / Fund Balance
Temporarily Rstr Net Assets$22,461,560$23,096,234▲ $634,674
Unrestricted Net Assets$7,776,191$7,907,490▲ $131,299
Permanently Rstr Net Assets$1,002,025$1,002,025→ $0
Total Net Assets Fund Balance$31,239,776$32,005,749▲ $765,973
Total Liabilities and Net Assets / Fund Balance$31,490,627$32,248,862▲ $758,235

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$196,251$292,641-
Other Land Buildings-$7,678-
Land$84,145--
Equipment$17,993$106,949-
Other Securities$1,401,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,002,025---$1,002,025
2014$1,002,025---$1,002,025
2013$1,002,025---$1,002,025
2012$1,002,025---$1,002,025
2011$1,002,025---$1,002,025
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert W PellTreasurerFT$51,798$51,798

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$828,921
Program Service Revenue
$0
Investment Income
$911,531
Other Revenue
$0
All Other Contributions
$828,921
Change in Net Assets
$286,844

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,740,452
Revenue Not Reported on Form 990
$479,129
Total Revenue per Audited Statements
$2,219,581
Total Revenue per Form 990
$1,740,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,181,391
Salaries, Compensation, and Employee Benefits$153,648
Other Expenses$118,569
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,181,391--$1,181,391
Other Salaries and Wages-$90,623-$90,623
Current Officers, Directors, Trustees, and Key Employees-$51,798-$51,798
All Other Expenses-$29,452-$29,452
Depreciation Depletion-$14,108-$14,108
Fees for Services Accounting-$13,970-$13,970
Payroll Taxes-$11,227-$11,227
Fees for Services Other-$10,867-$10,867
Conferences and Meetings-$10,502-$10,502
Insurance-$6,467-$6,467
Office Expenses-$4,601-$4,601
Other Expenses-$3,216-$3,216
Fees for Services Legal-$2,052-$2,052
Advertising-$1,774-$1,774
Travel-$408-$408
Total Functional Expenses$1,181,391$272,217$0$1,453,608

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,453,608
Total Expenses per Audited Statements$1,453,608
Total Expenses per Form 990$1,453,608
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Coshocton Port AuthorityCoshocton, OHGovernment-$255,000
Coshocton City SchoolsCoshocton, OHSchool-$92,900
Central Ohio Technical CollegeNewark, OHSchool-$64,000
Coshocton County Head StartCoshocton, OH501c3-$60,000
United Way of CoshoctonCoshocton, OH501c3-$50,700
Pomerene Center for the ArtsCoshocton, OH501c3-$33,188
Coshocton Public LibraryCoshocton, OH107c1-$31,050
Coshocton City Park DistrictCoshocton, OH170c1-$29,816
The Ohio State UniversityColumbus, OHSchool-$26,000
Coshocton Cherokees Baseball ICoshocton, OH501c3-$25,000
Coshocton County Agriculture SocietCoshocton, OH501c3-$22,400
Kent State UniversityKent, OHSchool-$18,400
US Space and Rocket Center FoundatiHuntsville, AL501c3-$16,800
Echoing Hills VillageWarsaw, OH501c3-$15,900
Ohio UniversityAthens, OHSchool-$14,500
Coshocton County Health DepartmentCoshocton, OHGovernment-$14,000
Dollars for ScholarsCoshocton, OH501c3-$13,521
Coshocton County Sheriffs DepartmenCoshocton, OHGovernment-$12,500
Riverview Local School DistricWarsaw, OHSchool-$12,001
University of AkronAkron, OHSchool-$10,900
Roscoe Village FoundationCoshocton, OH501c3-$10,300
Muskingum UniversityNew Concord, OH501c3-$10,045
Invent Now IncNorth Canton, OH501c3-$10,000
University of Wisconsin MadisonMadison, WISchool-$10,000
Leadership CoshoctonCoshocton, OH501c3-$8,182
Cosh Co Youth LeadershipCoshocton, OH501c3-$8,000
Grace United MethodistCoshocton, OH501c3-$7,500
Indiana Wesleyan UniversityMarion, IN501c3-$7,500
Urbana UniversityUrbana, OH501c3-$7,500
Junior AchievementAkron, OH501c3-$7,400
Mount Vernon Nazarene UniversityMount Vernon, OH501c3-$7,000
Muskingum Valley Coucil BsaZanesville, OH501c3-$6,000
Coshocton Is BloomingCoshocton, OH501c3-$5,450
West Virginia UniversityMorgantown, WVSchool-$5,250
Johnson Humerick HouseCoshocton, OH170c1-$5,100
Clary Garden FoundationCoshocton, OH501c3-$5,000
Licking County Health DepartmentNewark, OH501c3-$5,000
Riverview AthleticWarsaw, OH501c3-$5,000
Ronald Mcdonald House CharitiesColumbus, OH501c3-$5,000
Univeristy of KentuckyLexington, KYSchool-$5,000
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
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

The organization reviews the 990 at their monthly boardmeeting,in addition, executive director reviews 990 with the board of trustees.

Conflict of interest policy compliance Part VI line 12C

The organization requires all board members and committee members to annually disclose and sign conflict of interest policy. In addition, it is communicated to these individuals that any changes prior to the annual review should be communicated to the director as well as the board of trustees.

CEO executive director top management comp Part VI line 15A

Board of trustees review all pertinent data and perform an evaluation of performance.

Governing documents etc available to public Part VI line 19

An annual audited financial statement is prepared and distributed throughout the community. In addition, an annual community meeting is held in which audited financial results are presented with opportunity for questions. All other documenta are presented upon request.

Filing and Contact Details

Filer

Filer Name
The Coshocton Foundation
EIN
31-6064567
Address
220 S 4TH STREET PO BOX 55, COSHOCTON, OH 43812

Signing Officer

Name
Robert W Pell
Title
Treasurer
Phone
7406220010
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert W Pell
Formed
1966
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
4

Preparer

Firm
Bradford and Associates LLC
Address
PO Box 1075, Coshocton, OH 43812
Preparer
Jason R Bradford CPA
Phone
7406223347
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0YEAR: 2015NAME: ESTATE OF CHARLIE BECHTOLAMOUNT OF GRANT: 2,700,000DURING THE YEAR THE FOUNDATION WAS BEQUESTED AN ESTIMATED 2,700,000 FROM THE ESTATE OF CHARLIE BECHTOL. THE ESTIMATED ANOUNT HAS BEEN INCLUDED IN THE AUDTIED FINICIALS AND THIS YEARS TAX RETURN.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0448458
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03177573
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0911531
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04203089
IRS990ScheduleA/PublicSupportCY170Pct00.42340
IRS990ScheduleA/PublicSupportPY170Pct00.44000
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IRS990ScheduleA/SubstantialContributorsTotAmt052387
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IRS990ScheduleA/TotalSupportAmt07380662
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01002025
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01002025
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01002025
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01002025
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IRS990ScheduleD/DonorAdvisedFundsHeldCnt0146
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt017993
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0106949
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0124942
IRS990ScheduleD/ExpensesSubtotalAmt01453608
IRS990ScheduleD/LandGrp/BookValueAmt084145
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt084145
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0479129
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07678
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt07678
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01401000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0BROKERAGE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0479129
IRS990ScheduleD/RevenueSubtotalAmt01740452
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0298389
IRS990ScheduleD/TotalBookValueSecuritiesAmt01401000
IRS990ScheduleD/TotalExpensesPerForm990Amt01453608
IRS990ScheduleD/TotalRevenuePerForm990Amt01740452
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IRS990ScheduleI/RecipientTable/CashGrantAmt1255000
IRS990ScheduleI/RecipientTable/CashGrantAmt260000
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IRS990ScheduleI/RecipientTable/CashGrantAmt429816
IRS990ScheduleI/RecipientTable/CashGrantAmt58000
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OHIO UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1COSHOCTON PORT AUTHORITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2COSHOCTON COUNTY HEAD START
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3COSHOCTON CITY SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4COSHOCTON CITY PARK DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5COSH CO YOUTH LEADERSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6COSHOCTON CHEROKEES BASEBALL I
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7COSHOCTON PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8CENTRAL OHIO TECHNICAL COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9POMERENE CENTER FOR THE ARTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10COSHOCTON COUNTY AGRICULTURE SOCIET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11THE OHIO STATE UNIVERSITY

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