Civic Intelligence

Pearce Family Foundation Pearce

990EZ • Fiscal year 2017 • EIN 35-2485098

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 15, 2018

5321 E Washington StreetPhoenix, AZ 85034

(602) 730-2772

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.02x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$63,750

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 54.6% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

33rd percentile

-6.8%

Faster asset growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$145,622

Down $10,583 (-6.8%) from 2016

Net Assets

Down

$143,020

Down $9,388 (-6.2%) from 2016

Liabilities

Down

$2,602

Down $1,195 (-31%) from 2016

Revenue

Up

$116,821

Up $18,468 (+19%) from 2016

Expenses

Down

$129,406

Down $9,747 (-7.0%) from 2016

Net Income

Up

-$12,585

Up $28,215 (+69%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $223,990Liabilities 2014: $18,429Net Assets 2014: $205,5612014Assets 2015: $194,868Liabilities 2015: $3,131Net Assets 2015: $191,7372015Assets 2016: $156,205Liabilities 2016: $3,797Net Assets 2016: $152,4082016Assets 2017: $145,622Liabilities 2017: $2,602Net Assets 2017: $143,0202017Assets 2018: $116,630Liabilities 2018: $4,915Net Assets 2018: $111,7152018Assets 2019: $117,069Liabilities 2019: $4,878Net Assets 2019: $125,8042019Assets 2020: $100,382Liabilities 2020: $6,429Net Assets 2020: $93,9532020Assets 2021: $89,167Net Assets 2021: $89,1672021Assets 2022: $321,649Liabilities 2022: $1,515Net Assets 2022: $320,1342022Assets 2023: $221,934Liabilities 2023: $110,227Net Assets 2023: $111,7072023Assets 2024: $223,620Liabilities 2024: $113,863Net Assets 2024: $109,7572024

Highlighted filing

2017

Assets$145,622
Liabilities$2,602
Net Assets$143,020

Operations Trend

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

$400K$200K$0-$200KRevenue 2014: $393,202Expenses 2014: $187,641Net Income 2014: $205,5612014Revenue 2015: $104,360Expenses 2015: $118,184Net Income 2015: -$13,8242015Revenue 2016: $98,353Expenses 2016: $139,153Net Income 2016: -$40,8002016Revenue 2017: $116,821Expenses 2017: $129,406Net Income 2017: -$12,5852017Revenue 2018: $116,969Expenses 2018: $145,540Net Income 2018: -$28,5712018Revenue 2019: $147,001Expenses 2019: $137,768Net Income 2019: $9,2332019Revenue 2020: $126,485Expenses 2020: $155,287Net Income 2020: -$28,8022020Revenue 2021: $169,968Expenses 2021: $174,754Net Income 2021: -$4,7862021Revenue 2022: $353,598Expenses 2022: $281,781Net Income 2022: $71,8172022Revenue 2023: $74,674Expenses 2023: $182,260Net Income 2023: -$107,5862023Revenue 2024: $23,265Expenses 2024: $25,215Net Income 2024: -$1,9502024

Highlighted filing

2017

Revenue$116,821
Expenses$129,406
Net Income-$12,585
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 15, 2018
Return Version
2017v2.3
Gross Receipts
$129,220
Mission and Program Overview

Mission

The pearce family foundation is a public 501 c3 non-profit charity that exists to provide needed financial assistance, mobilize resources and engage the community to support families with a child facing a chronic or life-threatening illness. All proceeds raised benefit the pearce family foundation's main initiative, angels around us of az.

Program Services

DescriptionGrantsExpenses
ANGELS AROUND US OF ARIZONA, IS THE PEARCE FAMILY FOUNDATIONS MAIN INITIATIVE, AND HELPS FAMILIES WHO HAVE A CHILD SUFFERING FROM A CHRONIC OR LIFE THREATENING ILLNESS. ANGELS AROUND US HAS BEEN CREATED TO MAKE THE COMMUNITY AWARE THAT, THE DIAGNOSIS IS JUST THE BEGINNING. WE EXIST TO PROVIDE NEEDED FINANCIAL ASSISTANCE, MOBILIZE RESOURCES AND TO ENGAGE THE COMMUNITY TO HELP SUPPORT FAMILIES AS PART OF ANGELS AROUND US. THE PEARCE FAMILY FOUNDATION HAS A COMMITTEE THAT WILL SELECT FAMILIES WHO MEET THE REQUIREMENTS OF BEING A PART OF ANGELS AROUND US. THE FUNDS WILL BE RAISED THROUGH EVENTS WITHIN OUR COMMUNITY AS WELL AS DONATIONS. ANGELS AROUND US HOPES TO RELIEVE STRESS THE FAMILY MAY BE FACING SO THE MAIN FOCUS WILL BE ON THEIR CHILDS JOURNEY TO GET WELL. (CONTINUED ON SCHEDULE O) FINANCIAL ASSISTANCE MAY INCLUDE: RENT/MORTGAGE PAYMENTS, TRANSPORTATION NEEDS, AUTO REPAIR/CAR PAYMENTS, HOUSEKEEPING SERVICES, DAYCARE FOR OTHER SIBLINGS, PET SITTING SERVICES, GROCERIES.$14,963$73,606
ANGEL PUPS IS SIMILAR TO THEIR OTHER GRANT PROGRAM BUT THIS ONE HELPS FINANCIALLY PAY FOR A SERVICE DOG FOR CHILDREN IN NEED OF ONE. NORMAL LIFE IS A DISTANT MEMORY TO THESE FAMILIES AND NEED THE COMMUNITIES AND THE PEARCE FAMILY FOUNDATIONS ASSISTANCE.$5,150$25,334
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEGHAN ALFONSOCEOFT$63,750-$63,750
MARIA COXTreasurer-$0--
BARBARA MERIDETHSecretary-$0--
MANNY MOLINADirector-$0--
JIM SCHALLERDirector-$0--
COLE WOLFSWINKELDirector-$0--
BRITTANY YEATONDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Clay Tournament$26,551-$1,580-
Runway of Hope$22,716-$3,550-
Total Events$49,267-$12,399$-12,399
Filing and Contact Details

Filer

Filer Name
Pearce Family Foundation
EIN
35-2485098
Phone
6027302772
Address
5321 E WASHINGTON STREET, PHOENIX, AZ 85034

Signing Officer

Name
Meghan Alfonso
Title
CEO
Phone
6027302772
Signed
2018-08-15
Discuss with paid preparer
Yes

Preparer

Firm
Fester & Chapman Pllc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 14,963 cash contribution: 5,150

Form 990-ez, Part I, Line 16

Runway of hope advertising and promotion 1,244 clay tournament advertising and promotion 2,001 expenses advertising 3,527 supplies 1,065 business expenses 1,876 it 6,366 conference & meetings 629 food & beverage 670 insurance 2,684 misc 152 bank fees 2,403 registration fees 100 equipment 601 event expense 1,197 total 24,515

Form 990-ez, Part I, Line 20

UNREALIZED GAINS 3,197

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 0 263 total 0 263

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,797 2,602

Form 990-ez, Part III

The pearce family foundation is a public 501 c3 non-profit charity that exists to provide needed financial assistance, mobilize resources and engage the community to support families with a child facing a chronic or life-threatening illness. All proceeds raised benefit the pearce family foundation's main initiative, angels around us of az.

Form 990-ez, Part III, Line 28

Angels around us of arizona, is the pearce family foundations main initiative, and helps families who have a child suffering from a chronic or life threatening illness. Angels around us has been created to make the community aware that, the diagnosis is just the beginning. We exist to provide needed financial assistance, mobilize resources and to engage the community to help support families as part of angels around us. The pearce family foundation has a committee that will select families who meet the requirements of being a part of angels around us. The funds will be raised through events within our community as well as donations. Angels around us hopes to relieve stress the family may be facing so the main focus will be on their childs journey to get well. (continued on schedule o) financial assistance may include: rent/mortgage payments, transportation needs, auto repair/car payments, housekeeping services, daycare for other siblings, pet sitting services, groceries.

Form 990-ez, Part III, Line 29

Angel pups is similar to their other grant program but this one helps financially pay for a service dog for children in need of one. Normal life is a distant memory to these families and need the communities and the pearce family foundations assistance.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 14,963 CASH CONTRIBUTION: 5,150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RUNWAY OF HOPE ADVERTISING AND PROMOTION 1,244 CLAY TOURNAMENT ADVERTISING AND PROMOTION 2,001 EXPENSES ADVERTISING 3,527 SUPPLIES 1,065 BUSINESS EXPENSES 1,876 IT 6,366 CONFERENCE & MEETINGS 629 FOOD & BEVERAGE 670 INSURANCE 2,684 MISC 152 BANK FEES 2,403 REGISTRATION FEES 100 EQUIPMENT 601 EVENT EXPENSE 1,197 TOTAL 24,515
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,797 2,602
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PEARCE FAMILY FOUNDATION IS A PUBLIC 501 C3 NON-PROFIT CHARITY THAT EXISTS TO PROVIDE NEEDED FINANCIAL ASSISTANCE, MOBILIZE RESOURCES AND ENGAGE THE COMMUNITY TO SUPPORT FAMILIES WITH A CHILD FACING A CHRONIC OR LIFE-THREATENING ILLNESS. ALL PROCEEDS RAISED BENEFIT THE PEARCE FAMILY FOUNDATION'S MAIN INITIATIVE, ANGELS AROUND US OF AZ.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANGELS AROUND US OF ARIZONA, IS THE PEARCE FAMILY FOUNDATIONS MAIN INITIATIVE, AND HELPS FAMILIES WHO HAVE A CHILD SUFFERING FROM A CHRONIC OR LIFE THREATENING ILLNESS. ANGELS AROUND US HAS BEEN CREATED TO MAKE THE COMMUNITY AWARE THAT, THE DIAGNOSIS IS JUST THE BEGINNING. WE EXIST TO PROVIDE NEEDED FINANCIAL ASSISTANCE, MOBILIZE RESOURCES AND TO ENGAGE THE COMMUNITY TO HELP SUPPORT FAMILIES AS PART OF ANGELS AROUND US. THE PEARCE FAMILY FOUNDATION HAS A COMMITTEE THAT WILL SELECT FAMILIES WHO MEET THE REQUIREMENTS OF BEING A PART OF ANGELS AROUND US. THE FUNDS WILL BE RAISED THROUGH EVENTS WITHIN OUR COMMUNITY AS WELL AS DONATIONS. ANGELS AROUND US HOPES TO RELIEVE STRESS THE FAMILY MAY BE FACING SO THE MAIN FOCUS WILL BE ON THEIR CHILDS JOURNEY TO GET WELL. (CONTINUED ON SCHEDULE O) FINANCIAL ASSISTANCE MAY INCLUDE: RENT/MORTGAGE PAYMENTS, TRANSPORTATION NEEDS, AUTO REPAIR/CAR PAYMENTS, HOUSEKEEPING SERVICES, DAYCARE FOR OTHER SIBLINGS, PET SITTING SERVICES, GROCERIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ANGEL PUPS IS SIMILAR TO THEIR OTHER GRANT PROGRAM BUT THIS ONE HELPS FINANCIALLY PAY FOR A SERVICE DOG FOR CHILDREN IN NEED OF ONE. NORMAL LIFE IS A DISTANT MEMORY TO THESE FAMILIES AND NEED THE COMMUNITIES AND THE PEARCE FAMILY FOUNDATIONS ASSISTANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 29
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ReturnHeader/ReturnTs02018-08-20T10:54:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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