Civic Intelligence

The Boselli Foundation Inc

990 • Fiscal year 2016 • EIN 33-0664018

May 01, 2015 to Apr 30, 2016 • Filed on Sep 01, 2016

PO Box 16385Jacksonville, FL 32245

(904) 234-7398

Siviq Scores

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

Liabilities / Assets

70th percentile

0.20x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

0.07x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

68th percentile

$54,870

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

87th percentile

38%

Faster asset growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$229,755

Up $63,094 (+38%) from 2015

Net Assets

Up

$184,643

Up $78,372 (+74%) from 2015

Liabilities

Down

$45,112

Down $15,278 (-25%) from 2015

Revenue

Up

$640,349

Up $89,849 (+16%) from 2015

Expenses

Up

$561,977

Up $29,932 (+5.6%) from 2015

Net Income

Up

$78,372

Up $59,917 (+325%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $263,963Liabilities 2011: $2,985Net Assets 2011: $260,9782011Assets 2012: $258,105Liabilities 2012: $126,749Net Assets 2012: $131,3562012Assets 2013: $194,272Liabilities 2013: $79,372Net Assets 2013: $114,9002013Assets 2014: $193,127Liabilities 2014: $104,713Net Assets 2014: $88,4142014Assets 2015: $166,661Liabilities 2015: $60,390Net Assets 2015: $106,2712015Assets 2016: $229,755Liabilities 2016: $45,112Net Assets 2016: $184,6432016Assets 2017: $120,959Liabilities 2017: $12,690Net Assets 2017: $108,2692017Assets 2018: $99,316Liabilities 2018: $0Net Assets 2018: $99,3162018Assets 2019: $50,987Liabilities 2019: $0Net Assets 2019: $50,9872019Assets 2020: $70,518Liabilities 2020: $0Net Assets 2020: $70,5182020Assets 2021: $103,769Liabilities 2021: $0Net Assets 2021: $103,7692021Assets 2022: $37,621Liabilities 2022: $0Net Assets 2022: $37,6212022Assets 2023: $22,213Liabilities 2023: $280Net Assets 2023: $21,9332023Assets 2024: $96,453Liabilities 2024: $520Net Assets 2024: $95,9332024

Highlighted filing

2016

Assets$229,755
Liabilities$45,112
Net Assets$184,643

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $484,5212011Expenses 2012: $472,8732012Expenses 2013: $572,5812013Revenue 2014: $544,649Expenses 2014: $571,135Net Income 2014: -$26,4862014Revenue 2015: $550,500Expenses 2015: $532,045Net Income 2015: $18,4552015Revenue 2016: $640,349Expenses 2016: $561,977Net Income 2016: $78,3722016Revenue 2017: $604,772Expenses 2017: $681,146Net Income 2017: -$76,3742017Revenue 2018: $170,630Expenses 2018: $179,583Net Income 2018: -$8,9532018Revenue 2019: $70,484Expenses 2019: $118,813Net Income 2019: -$48,3292019Revenue 2020: $156,373Expenses 2020: $136,842Net Income 2020: $19,5312020Revenue 2021: $180,883Expenses 2021: $147,632Net Income 2021: $33,2512021Revenue 2022: $94,923Expenses 2022: $161,071Net Income 2022: -$66,1482022Revenue 2023: $201,711Expenses 2023: $217,399Net Income 2023: -$15,6882023Revenue 2024: $466,701Expenses 2024: $371,182Net Income 2024: $95,5192024

Highlighted filing

2016

Revenue$640,349
Expenses$561,977
Net Income$78,372
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
Sep 1, 2016
Return Version
2015v2.1
Gross Receipts
$723,878
Mission and Program Overview

Mission

To provide quality programs that help build character, promote judeo-christian values, and enhance each child's opportunity to excel in school and in athletic endeavors.

The boselli foundation is a faith-based non-profit organization striving to help children living in at-risk neighborhoods in jacksonville. Established in 2007 by angi and tony boselli, the youth life learning centers (yllc) focus on providing children with limited financial resources a holistic, comprehensive, after-school learning environment. The yllc(s) currently concentrate on elementary school children and have students enrolled up to the tenth grade. Services provided include academic enrichment and remedial education in the areas of reading, language arts and mathematics, supplemental services, mentoring and character development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$94,307$110,101▲ $15,794
Land, Buildings, and Equipment, Net$34,166$89,203▲ $55,037
Prepaid Expenses and Deferred Charges$38,188$30,451▼ $7,737
Total Assets$166,661$229,755▲ $63,094
Liabilities
Deferred Revenue$57,500$30,500▼ $27,000
Other Liabilities-$9,818-
Accounts Payable and Accrued Expenses$2,890$4,794▲ $1,904
Total Liabilities$60,390$45,112▼ $15,278
Net Assets / Fund Balance
Unrestricted Net Assets$106,271$184,643▲ $78,372
Total Net Assets Fund Balance$106,271$184,643▲ $78,372
Total Liabilities and Net Assets / Fund Balance$166,661$229,755▲ $63,094

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$72,753$26,539$99,292
Leasehold Improvements$15,750$79,250$95,000
Equipment$700$46,460$47,160
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer VihrachoffExecutive DiFT$54,870$54,870

Board Members and Trustees

NameTitle
Tony Boselli JrChairman
Charlie TommDirector
Jeff CurryDirector
Ronnie a FergusonDirector
Scott SnyderDirector
Scott TeagleDirector
William BoutwellDirector
Angi BoselliTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$315,190
Program Service Revenue
$10,448
Investment Income
$-1,333
Other Revenue
$316,044
All Other Contributions
$164,311
Change in Net Assets
$78,372

Audited Revenue Reconciliation

Revenue per Audited Statements
$640,349
Revenue Not Reported on Form 990
$28,825
Total Revenue per Audited Statements
$669,174
Total Revenue per Form 990
$640,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$365,205
Other Expenses$196,772
Total Fundraising Expense$22,152
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$263,679$13,878-$277,557
Current Officers, Directors, Trustees, and Key Employees$27,435$10,974$16,461$54,870
Payroll Taxes$25,824$2,671$1,188$29,683
Occupancy$23,849$1,956-$25,805
Depreciation Depletion$20,885--$20,885
Insurance$16,914$940$940$18,794
Travel$15,766--$15,766
Fees for Services Other$12,994--$12,994
Fees for Services Accounting$9,751$541$541$10,833
Other Expenses$2,887$4,690$2,189$9,766
Office Expenses-$6,667-$6,667
Other Employee Benefits$2,693$279$123$3,095
All Other Expenses--$710$710
Total Functional Expenses$497,229$42,596$22,152$561,977

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$590,802
Expenses per Audited Statements$561,977
Total Expenses per Form 990$561,977
Expenses Not Reported on Form 990$28,825
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$398,240
Fundraising Direct Expenses$82,196
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
All Other$185,191$185,191$46,574$138,617
The Cut$146,549$146,549$35,622$110,927
Total Events$398,240$398,240$82,196$316,044
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable$9,818
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Tony boselli angi boselli chairman treasurer husband/wife

Form 990, Page 6, Part VI, Line 11B

Form 990 is provided to the board for its review and approval prior to filing.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
The Boselli Foundation Inc
EIN
33-0664018
Address
PO BOX 16385, JACKSONVILLE, FL 32245

Signing Officer

Name
Jennifer Vihrachoff
Title
Executive Director
Signed
2016-09-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony Boselli Jr
Formed
1998
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
8
Employees
35
Volunteers
100

Preparer

Firm
JAMES KNUTZEN & ASSOC CPA'S PA
Address
5150 BELFORT RD BLDG 300, JACKSONVILLE, FL 32256
Preparer
Margaret R Dodson
Phone
9047255832
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers perform organizational duties at special events.

Form 990, Page 2, Part III, Line 4A

School year. Two meals and a snack are provided each day during summer camp. According to our 2015 achievement date, 90% of our students received a c average or better in reading and math. This figure also includes students with learning disabilities.

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IRS990/OtherExpensesGrp/TotalAmt39766
IRS990/OtherLiabilitiesGrp/EOYAmt09818
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013878
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IRS990/PrincipalOfficerNm0TONY BOSELLI JR
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt010448
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0384900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0339261
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0264034
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0408688
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0228131
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0359019
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0698280
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0455547
IRS990ScheduleA/Total509Grp/TotalAmt03127536
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt028825
IRS990ScheduleD/DonatedServicesUseFcltsAmt028825
IRS990ScheduleD/EquipmentGrp/BookValueAmt0700
IRS990ScheduleD/EquipmentGrp/DepreciationAmt046460
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047160
IRS990ScheduleD/ExpensesNotReportedAmt028825
IRS990ScheduleD/ExpensesSubtotalAmt0561977
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015750
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt079250
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt095000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt072753
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026539
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt099292
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09818
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt028825
IRS990ScheduleD/RevenueSubtotalAmt0640349
IRS990ScheduleD/TotalBookValueLandBuildingsAmt089203
IRS990ScheduleD/TotalExpensesPerForm990Amt0561977
IRS990ScheduleD/TotalLiabilityAmt09818
IRS990ScheduleD/TotalRevenuePerForm990Amt0640349
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0669174
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0590802
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt082196
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IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0THE CUT
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0185191
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt066500
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PERFORM ORGANIZATIONAL DUTIES AT SPECIAL EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SCHOOL YEAR. TWO MEALS AND A SNACK ARE PROVIDED EACH DAY DURING SUMMER CAMP. ACCORDING TO OUR 2015 ACHIEVEMENT DATE, 90% OF OUR STUDENTS RECEIVED A C AVERAGE OR BETTER IN READING AND MATH. THIS FIGURE ALSO INCLUDES STUDENTS WITH LEARNING DISABILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TONY BOSELLI ANGI BOSELLI CHAIRMAN TREASURER HUSBAND/WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PROVIDED TO THE BOARD FOR ITS REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt0315190
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022152
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042596
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0497229
IRS990/TotalFunctionalExpensesGrp/TotalAmt0561977
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt045112
IRS990/TotalLiabilitiesGrp/BOYAmt060390
IRS990/TotalLiabilitiesGrp/EOYAmt045112
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0106271
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IRS990/TotalProgramServiceExpensesAmt0497229
IRS990/TotalProgramServiceRevenueAmt010448
IRS990/TotalReportableCompFromOrgAmt054870
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09115
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0640349
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0166661
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0229755
IRS990/TravelGrp/ProgramServicesAmt015766
IRS990/TravelGrp/TotalAmt015766
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0106271
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0184643
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 16385
IRS990/USAddress/CityNm0JACKSONVILLE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032245
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.BOSELLIFOUNDATION.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.96$4.67$3.71$0.96
2023Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$2.02$2.17$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.95$1.61$0.66
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.00$1.04$1.81$1.48$0.33
2020Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$1.56$1.37$0.20
2019Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.70$1.19$0.48
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$1.71$1.80$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.13$1.08$6.05$6.81$0.76
2016Detailed filing. Detailed filing data is available for this year.$2.30$0.45$1.85$6.40$5.62$0.78
2015Detailed filing. Detailed filing data is available for this year.$1.67$0.60$1.06$5.51$5.32$0.18
2014Detailed filing. Detailed filing data is available for this year.$1.93$1.05$0.88$5.45$5.71$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.79$1.15$5.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$1.27$1.31$4.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$0.03$2.61$4.85