Civic Intelligence

Urantia Foundation

990 • Fiscal year 2014 • EIN 36-2435086

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 29, 2015

533 W Diversey ParkwayChicago, IL 60614

(773) 525-3319

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.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

36th percentile

0.05x

Higher debt load relative to revenue than 36% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

84th percentile

29%

Higher net margin than 84% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

57th percentile

4.0%

Faster asset growth than 57% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

82nd percentile

31%

Faster revenue growth than 82% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$4,028,359

Up $154,883 (+4.0%) from 2013

Net Assets

Up

$3,965,753

Up $139,357 (+3.6%) from 2013

Liabilities

Up

$62,606

Up $15,526 (+33%) from 2013

Revenue

Up

$1,177,177

Up $281,035 (+31%) from 2013

Expenses

Down

$835,432

Down $3,419 (-0.4%) from 2013

Net Income

Up

$341,745

Up $284,454 (+497%) from 2013

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $3,449,400Liabilities 2011: $81,556Net Assets 2011: $3,367,8442011Assets 2012: $3,635,691Liabilities 2012: $40,585Net Assets 2012: $3,595,1062012Assets 2013: $3,873,476Liabilities 2013: $47,080Net Assets 2013: $3,826,3962013Assets 2014: $4,028,359Liabilities 2014: $62,606Net Assets 2014: $3,965,7532014Assets 2015: $4,373,577Liabilities 2015: $44,006Net Assets 2015: $4,329,5712015Assets 2016: $4,659,926Liabilities 2016: $46,314Net Assets 2016: $4,613,6122016Assets 2017: $6,629,923Liabilities 2017: $71,045Net Assets 2017: $6,558,8782017Assets 2018: $6,935,430Liabilities 2018: $113,260Net Assets 2018: $6,822,1702018Assets 2019: $9,171,046Liabilities 2019: $84,625Net Assets 2019: $9,086,4212019Assets 2020: $11,920,242Liabilities 2020: $114,765Net Assets 2020: $11,805,4772020Assets 2021: $14,870,323Liabilities 2021: $60,261Net Assets 2021: $14,810,0622021Assets 2022: $14,386,038Liabilities 2022: $59,057Net Assets 2022: $14,326,9812022Assets 2023: $17,258,033Liabilities 2023: $76,163Net Assets 2023: $17,181,8702023Assets 2024: $20,407,825Liabilities 2024: $227,471Net Assets 2024: $20,180,3542024

Highlighted filing

2014

Assets$4,028,359
Liabilities$62,606
Net Assets$3,965,753

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2011: $801,2062011Expenses 2012: $906,0182012Revenue 2013: $896,142Expenses 2013: $838,851Net Income 2013: $57,2912013Revenue 2014: $1,177,177Expenses 2014: $835,432Net Income 2014: $341,7452014Revenue 2015: $1,273,244Expenses 2015: $755,807Net Income 2015: $517,4372015Revenue 2016: $973,657Expenses 2016: $767,656Net Income 2016: $206,0012016Revenue 2017: $2,384,835Expenses 2017: $758,624Net Income 2017: $1,626,2112017Revenue 2018: $2,028,133Expenses 2018: $837,340Net Income 2018: $1,190,7932018Revenue 2019: $2,379,978Expenses 2019: $801,520Net Income 2019: $1,578,4582019Revenue 2020: $2,781,887Expenses 2020: $739,495Net Income 2020: $2,042,3922020Revenue 2021: $2,316,771Expenses 2021: $796,878Net Income 2021: $1,519,8932021Revenue 2022: $2,747,464Expenses 2022: $879,591Net Income 2022: $1,867,8732022Revenue 2023: $2,746,335Expenses 2023: $970,164Net Income 2023: $1,776,1712023Revenue 2024: $2,236,738Expenses 2024: $981,892Net Income 2024: $1,254,8462024

Highlighted filing

2014

Revenue$1,177,177
Expenses$835,432
Net Income$341,745
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 29, 2015
Return Version
2014v5.0
Gross Receipts
$3,548,576
Mission and Program Overview

Mission

The mission of urantia foundation is to seed the urantia book and its teachings throughout the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,127,650$2,166,676▲ $39,026
Savings and Temporary Cash Investments$647,346$910,100▲ $262,754
Land, Buildings, and Equipment, Net$542,926$552,784▲ $9,858
Inventories for Sale or Use$315,384$209,930▼ $105,454
Cash and Non-Interest-Bearing Accounts$141,052$112,181▼ $28,871
Accounts Receivable$92,262$67,229▼ $25,033
Prepaid Expenses and Deferred Charges$6,856$9,459▲ $2,603
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$3,873,476$4,028,359▲ $154,883
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$47,080$62,606▲ $15,526
Total Liabilities$47,080$62,606▲ $15,526
Net Assets / Fund Balance
Unrestricted Net Assets$2,582,817$2,772,575▲ $189,758
Permanently Rstr Net Assets$1,157,500$1,157,500→ $0
Temporarily Rstr Net Assets$86,079$35,678▼ $50,401
Total Net Assets Fund Balance$3,826,396$3,965,753▲ $139,357
Total Liabilities and Net Assets / Fund Balance$3,873,476$4,028,359▲ $154,883

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$416,280$718,318$1,134,598
Other Land Buildings$85,934$370,314$456,248
Equipment$5,570$161,073$166,643
Land$45,000-$45,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,157,500---$1,157,500
2013$1,157,500---$1,157,500
2012$1,157,500---$1,157,500
2011$1,157,500---$1,157,500
2010$1,157,500---$1,157,500
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$834,459
Program Service Revenue
$0
Investment Income
$245,185
Other Revenue
$97,533
All Other Contributions
$834,459
Change in Net Assets
$341,745

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,177,177
Revenue Not Reported on Form 990
$9,573
Total Revenue per Audited Statements
$1,186,750
Total Revenue per Form 990
$1,177,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$564,860
Salaries, Compensation, and Employee Benefits$270,572
Total Fundraising Expense$55,026
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$132,414$66,207$14,950$213,571
All Other Expenses$88,682$27,023$30,172$145,877
Depreciation Depletion$45,206$19,374-$64,580
Other Employee Benefits$22,843$11,422$2,579$36,844
Other Expenses$25,974$8,284-$34,258
Fees for Services Accounting-$34,000-$34,000
Insurance$13,405$18,243-$31,648
Fees for Services Legal$1,425$22,806$4,276$28,507
Fees for Service Investment Mgmnt Fees-$21,854-$21,854
Payroll Taxes$10,079$5,039$1,138$16,256
Pension Plan Contributions$2,419$1,209$273$3,901
Office Expenses$2,706$142-$2,848
Travel--$1,638$1,638
Total Functional Expenses$544,803$235,603$55,026$835,432

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$835,432
Total Expenses per Audited Statements$835,432
Total Expenses per Form 990$835,432
International Activity

International Summary

Offices
2
Spending
$59,893

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesBook Sales10$59,893
East Asia and the PacificProgram ServicesBook Sales10$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
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, Part VI, Line 11B: Form 990 Review Process

The form is reviewed by the accountant, then reviewed and approved by the Executive Director. It is then sent to the treasurer and chair of the financial committee for review, approval, and signature.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Once a year, the board of trustees does a verbal review of conflict of interest policy compliance.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board of Trustees has established a compensation committee to review and approve compensation of all Urantia Foundation Employees. The committee consists of non-compensated trustees. No one with a conflict of interest with respect to the compensation arrangement is involved. The compensation committee includes members who are on boards of various non-profit and for-profit organizations. They are thus aware of standard compensation levels in both sectors, and have regular access to information on compensation standards. The compensation committee records its findings and approvals in the minutes of the executive sessions of the board of trustees, and/or in the confidential personnel files of Urantia Foundation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The Foundation makes available its governing documents, conflict of interest policy and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Urantia Foundation
EIN
36-2435086
Phone
7735253319
Address
533 W DIVERSEY PARKWAY, CHICAGO, IL 60614

Signing Officer

Name
Gard Jameson
Title
Treasurer
Signed
2015-07-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mo Siegel
Formed
1950
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
3

Preparer

Firm
Knutte & Associates Pc
Address
7900 S CASS AVE STE 210, DARIEN, IL 60561-5066
Preparer
Joseph Knutte CPA
Phone
6309603317
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Website Development Program: Management of Urantia Foundation's website and the management and operation of The Urantia Book Internet School. Education is a growing function of Urantia Foundation.

Form 990, Part IX, Line 24E: Other Expenses

: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BOARD EXPENSE: Column (A) - Total = $1457; Column (B) - Program Services = $0; Column (C) - Management & General = $1457; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Book Printing: Column (A) - Total = $19795; Column (B) - Program Services = $19795; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

EDUCATION: Column (A) - Total = $3500; Column (B) - Program Services = $3500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Fundraising Programs: Column (A) - Total = $30172; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $30172

Form 990, Part IX, Line 24E: Other Expenses

Internet: Column (A) - Total = $7158; Column (B) - Program Services = $6800; Column (C) - Management & General = $358; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Meals and Entertainment: Column (A) - Total = $1313; Column (B) - Program Services = $499; Column (C) - Management & General = $814; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Miscellaneous: Column (A) - Total = $3051; Column (B) - Program Services = $0; Column (C) - Management & General = $3051; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Outreach: Column (A) - Total = $12749; Column (B) - Program Services = $12749; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $5182; Column (B) - Program Services = $4923; Column (C) - Management & General = $259; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Printing and Publications: Column (A) - Total = $3488; Column (B) - Program Services = $0; Column (C) - Management & General = $3488; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PROFESSIONAL: Column (A) - Total = $3154; Column (B) - Program Services = $2523; Column (C) - Management & General = $631; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Real Estate Taxes: Column (A) - Total = $16743; Column (B) - Program Services = $11720; Column (C) - Management & General = $5023; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Storage: Column (A) - Total = $979; Column (B) - Program Services = $930; Column (C) - Management & General = $49; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Supplies and Materials: Column (A) - Total = $5528; Column (B) - Program Services = $1606; Column (C) - Management & General = $3922; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Taxes and Fees: Column (A) - Total = $415; Column (B) - Program Services = $394; Column (C) - Management & General = $21; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE: Column (A) - Total = $5633; Column (B) - Program Services = $5351; Column (C) - Management & General = $282; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Utilities: Column (A) - Total = $25560; Column (B) - Program Services = $17892; Column (C) - Management & General = $7668; Column (D) - Fundraising = $0

Form 990, Part V, Line 4B - Foreign Countries

Foreign bank accounts are maintainted in Australia, Finland, and Netherlands.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization files its tax returns with the U.S. federal and various state and local tax jurisdictions. With few exceptions, the Organization is no longer subject to examinations by major tax jurisdictions for years ending December 31, 2011 and prior. The Organization had to income tax expenses for the years ended December 31, 2014 and 2013.The Organization includes accrued interest and penalties related to unrecognized tax benefits in its operating expenses. The expense for interest and penalties related to unrecognized tax benefits amounts total to $0 for the years ended December 31, 2014 and 2013, respectively.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Realized Gain on Investments $211961

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
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IRS990/OtherExpensesGrp/Desc0Translation
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IRS990/OtherExpensesGrp/Desc2Website Development and Fees
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IRS990/PensionPlanContributionsGrp/TotalAmt03901
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01157500
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01157500
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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0104167
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IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt037839
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IRS990/RegularMonitoringEnfrcInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01455
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt01455
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0647346
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0778580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0855451
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01157500
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IRS990ScheduleD/ExpensesSubtotalAmt0835432
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$0.23$20.2$2.24$0.98$1.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.3$0.08$17.2$2.75$0.97$1.78
2022Detailed filing. Detailed filing data is available for this year.$14.4$0.06$14.3$2.75$0.88$1.87
2021Detailed filing. Detailed filing data is available for this year.$14.9$0.06$14.8$2.32$0.80$1.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$0.11$11.8$2.78$0.74$2.04
2019Detailed filing. Detailed filing data is available for this year.$9.17$0.08$9.09$2.38$0.80$1.58
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.94$0.11$6.82$2.03$0.84$1.19
2017Detailed filing. Detailed filing data is available for this year.$6.63$0.07$6.56$2.38$0.76$1.63
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.66$0.05$4.61$0.97$0.77$0.21
2015Detailed filing. Detailed filing data is available for this year.$4.37$0.04$4.33$1.27$0.76$0.52
2014Detailed filing. Detailed filing data is available for this year.$4.03$0.06$3.97$1.18$0.84$0.34
2013Detailed filing. Detailed filing data is available for this year.$3.87$0.05$3.83$0.90$0.84$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.64$0.04$3.60$0.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.45$0.08$3.37$0.80