Civic Intelligence

Urantia Foundation

990 • Fiscal year 2016 • EIN 36-2435086

Jan 01, 2016 to Dec 31, 2016 • Filed on May 09, 2017

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

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

35th percentile

0.05x

Higher debt load relative to revenue than 35% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

81st percentile

21%

Higher net margin than 81% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

66th percentile

6.5%

Faster asset growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-24%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,659,926

Up $286,349 (+6.5%) from 2015

Net Assets

Up

$4,613,612

Up $284,041 (+6.6%) from 2015

Liabilities

Up

$46,314

Up $2,308 (+5.2%) from 2015

Revenue

Down

$973,657

Down $299,587 (-24%) from 2015

Expenses

Up

$767,656

Up $11,849 (+1.6%) from 2015

Net Income

Down

$206,001

Down $311,436 (-60%) from 2015

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

2016

Assets$4,659,926
Liabilities$46,314
Net Assets$4,613,612

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

2016

Revenue$973,657
Expenses$767,656
Net Income$206,001
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 9, 2017
Return Version
2016v3.0
Gross Receipts
$2,291,755
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$2,857,308$3,079,448▲ $222,140
Land, Buildings, and Equipment, Net$505,701$501,465▼ $4,236
Savings and Temporary Cash Investments$307,998$441,723▲ $133,725
Cash and Non-Interest-Bearing Accounts$227,403$332,753▲ $105,350
Inventories for Sale or Use$305,751$235,166▼ $70,585
Pledges and Grants Receivable$107,768$0▼ $107,768
Accounts Receivable$60,083$60,296▲ $213
Prepaid Expenses and Deferred Charges$1,565$9,075▲ $7,510
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$4,373,577$4,659,926▲ $286,349
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$44,006$46,314▲ $2,308
Total Liabilities$44,006$46,314▲ $2,308
Net Assets / Fund Balance
Unrestricted Net Assets$3,140,266$3,424,097▲ $283,831
Permanently Rstr Net Assets$1,157,500$1,157,500→ $0
Temporarily Rstr Net Assets$31,805$32,015▲ $210
Total Net Assets Fund Balance$4,329,571$4,613,612▲ $284,041
Total Liabilities and Net Assets / Fund Balance$4,373,577$4,659,926▲ $286,349

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$424,835$751,651$1,176,486
Other Land Buildings$24,608$433,426$458,034
Equipment$7,022$165,931$172,953
Land$45,000-$45,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,157,500---$1,157,500
2015$1,157,500---$1,157,500
2014$1,157,500---$1,157,500
2013$1,157,500---$1,157,500
2012$1,157,500---$1,157,500
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$801,337
Program Service Revenue
$0
Investment Income
$66,055
Other Revenue
$106,265
All Other Contributions
$801,337
Change in Net Assets
$206,001

Audited Revenue Reconciliation

Revenue per Audited Statements
$973,657
Revenue Not Reported on Form 990
$78,040
Total Revenue per Audited Statements
$1,051,697
Total Revenue per Form 990
$973,657
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$543,675
Salaries, Compensation, and Employee Benefits$223,981
Total Fundraising Expense$52,211
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$126,005$41,123$18,031$185,159
All Other Expenses$107,118$23,083$5,548$135,749
Depreciation Depletion$32,610$13,976-$46,586
Fees for Services Accounting-$34,500-$34,500
Fees for Services Lobbying-$30,861-$30,861
Fees for Services Legal$19,743$4,936-$24,679
Other Expenses$40,003-$24,364$24,364
Insurance$10,872$10,934$124$21,930
Other Employee Benefits$13,563$4,388$1,994$19,945
Payroll Taxes$9,627$3,115$1,416$14,158
Pension Plan Contributions$3,209$1,038$472$4,719
Office Expenses$541$29-$570
Travel--$262$262
Total Functional Expenses$547,462$167,983$52,211$767,656

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$767,656
Total Expenses per Audited Statements$767,656
Total Expenses per Form 990$767,656
International Activity

International Summary

Offices
2
Spending
$96,872

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$96,872
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
Mo Siegel
Title
President
Signed
2017-05-09
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
4
Volunteers
7

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 = $3210; Column (B) - Program Services = $2568; Column (C) - Management & General = $642; Column (D) - Fundraising = $0

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

Book Printing: Column (A) - Total = $23982; Column (B) - Program Services = $23982; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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

EDUCATION: Column (A) - Total = $9765; Column (B) - Program Services = $9002; Column (C) - Management & General = $763; Column (D) - Fundraising = $0

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

Internet: Column (A) - Total = $7413; Column (B) - Program Services = $7042; Column (C) - Management & General = $371; Column (D) - Fundraising = $0

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

Meals and Entertainment: Column (A) - Total = $90; Column (B) - Program Services = $34; Column (C) - Management & General = $56; Column (D) - Fundraising = $0

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

Miscellaneous: Column (A) - Total = $1912; Column (B) - Program Services = $957; Column (C) - Management & General = $955; Column (D) - Fundraising = $0

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

Outreach: Column (A) - Total = $11770; Column (B) - Program Services = $11770; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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

Postage and Shipping: Column (A) - Total = $6466; Column (B) - Program Services = $647; Column (C) - Management & General = $323; Column (D) - Fundraising = $5496

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

Printing and Publications: Column (A) - Total = $1766; Column (B) - Program Services = $0; Column (C) - Management & General = $1766; Column (D) - Fundraising = $0

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

PROFESSIONAL: Column (A) - Total = $168; Column (B) - Program Services = $134; Column (C) - Management & General = $34; Column (D) - Fundraising = $0

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

Real Estate Taxes: Column (A) - Total = $18431; Column (B) - Program Services = $12902; Column (C) - Management & General = $5529; Column (D) - Fundraising = $0

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

Repairs and Maintenance: Column (A) - Total = $23404; Column (B) - Program Services = $16991; Column (C) - Management & General = $6413; Column (D) - Fundraising = $0

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

Storage: Column (A) - Total = $976; Column (B) - Program Services = $927; Column (C) - Management & General = $49; Column (D) - Fundraising = $0

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

Supplies and Materials: Column (A) - Total = $1809; Column (B) - Program Services = $1379; Column (C) - Management & General = $378; Column (D) - Fundraising = $52

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

Taxes and Fees: Column (A) - Total = $-60; Column (B) - Program Services = $-57; Column (C) - Management & General = $-3; Column (D) - Fundraising = $0

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

TELEPHONE: Column (A) - Total = $6347; Column (B) - Program Services = $6030; Column (C) - Management & General = $317; Column (D) - Fundraising = $0

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

Utilities: Column (A) - Total = $18300; Column (B) - Program Services = $12810; Column (C) - Management & General = $5490; Column (D) - Fundraising = $0

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

Foreign bank accounts are maintainted in Finland and the 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, 2013 and prior. The Organization had to income tax expenses for the years ended December 31, 2016 and 2015.

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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
2016Detailed filing. Detailed filing data is available for this year.$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