Civic Intelligence

Sharon and Joel Labovitz Foundation

990PF • Fiscal year 2017 • EIN 36-3460105

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 06, 2018

227 W 1st St No 950Duluth, MN 55802

(218) 727-7765

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • <$500k nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • <$500k nonprofits • Source year 2017

Net Margin

8th percentile

-70%

Higher net margin than 8% of similar nonprofits.

2017 filings • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2017 filings • <$500k nonprofits • Source year 2017

Asset Growth

41st percentile

-1.7%

Faster asset growth than 41% of similar nonprofits.

2017 filings • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$81,292

Down $1,425 (-1.7%) from 2016

Net Assets

Down

$81,292

Down $1,425 (-1.7%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$2,034

Up $213 (+12%) from 2016

Expenses

Down

$3,459

Down $9,968 (-74%) from 2016

Net Income

Up

-$1,425

Up $10,181 (+88%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $189,494Liabilities 2011: $0Net Assets 2011: $189,4942011Assets 2012: $98,627Liabilities 2012: $0Net Assets 2012: $98,6272012Assets 2013: $46,789Liabilities 2013: $0Net Assets 2013: $46,7892013Assets 2014: $39,549Liabilities 2014: $0Net Assets 2014: $39,5492014Assets 2015: $94,323Liabilities 2015: $0Net Assets 2015: $94,3232015Assets 2016: $82,717Liabilities 2016: $0Net Assets 2016: $82,7172016Assets 2017: $81,292Liabilities 2017: $0Net Assets 2017: $81,2922017Assets 2018: $81,449Liabilities 2018: $0Net Assets 2018: $81,4492018Assets 2019: $80,803Liabilities 2019: $0Net Assets 2019: $80,8032019Assets 2020: $80,083Liabilities 2020: $0Net Assets 2020: $80,0832020Assets 2021: $79,140Liabilities 2021: $0Net Assets 2021: $79,1402021Assets 2022: $70,981Liabilities 2022: $0Net Assets 2022: $70,9812022Assets 2023: $72,452Liabilities 2023: $0Net Assets 2023: $72,4522023Assets 2024: $72,288Liabilities 2024: $0Net Assets 2024: $72,2882024

Highlighted filing

2017

Assets$81,292
Liabilities$0
Net Assets$81,292

Operations Trend

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

$100K$50K$0-$50K-$100KExpenses 2011: $79,4192011Expenses 2012: $94,6892012Revenue 2013: $7,414Expenses 2013: $59,252Net Income 2013: -$51,8382013Revenue 2014: $58,912Expenses 2014: $66,152Net Income 2014: -$7,2402014Revenue 2015: $76,587Expenses 2015: $21,813Net Income 2015: $54,7742015Revenue 2016: $1,821Expenses 2016: $13,427Net Income 2016: -$11,6062016Revenue 2017: $2,034Expenses 2017: $3,459Net Income 2017: -$1,4252017Revenue 2018: $2,628Expenses 2018: $2,471Net Income 2018: $1572018Revenue 2019: $2,862Expenses 2019: $3,508Net Income 2019: -$6462019Revenue 2020: $1,816Expenses 2020: $2,536Net Income 2020: -$7202020Revenue 2021: $1,559Expenses 2021: $2,502Net Income 2021: -$9432021Revenue 2022: $2,453Expenses 2022: $10,612Net Income 2022: -$8,1592022Revenue 2023: $4,179Expenses 2023: $2,708Net Income 2023: $1,4712023Revenue 2024: $3,670Expenses 2024: $3,834Net Income 2024: -$1642024

Highlighted filing

2017

Revenue$2,034
Expenses$3,459
Net Income-$1,425
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 6, 2018
Return Version
2017v2.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK LABOVITZPres, Director-$0--
JOEL LABOVITZTreas, Secy, Director-$0--
SHARON LABOVITZDirector-$0--
ANNE LABOVITZDirector-$0--
SARAH BAUERDirector-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantDAMIANO CENTERGENERAL PURPOSEPUBLIC CHARITYDULUTH, MN, US$1,000
Filing and Contact Details

Filer

Filer Name
Sharon & Joel Labovitz Foundation
EIN
36-3460105
Phone
2187277765
Address
227 W 1ST ST NO 950, DULUTH, MN 55802

Signing Officer

Name
Mark D Labovitz
Title
President
Phone
2187277765
Signed
2018-03-06
Discuss with paid preparer
Yes

Preparer

Firm
Rsm US Llp
Address
227 W FIRST ST STE 700, DULUTH, MN 55802-1926
Preparer
Donald L Wallgren
Phone
2187275025
Raw XML Appendix328 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt01217
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm0CIGNA CORP 7.65% BOND
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IRS990PF/MethodOfAccountingCashInd0X
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0MARK LABOVITZ
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1JOEL LABOVITZ
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2SHARON LABOVITZ
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm3ANNE LABOVITZ
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm4SARAH BAUER
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0PRES, DIR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1TREAS, SECY, DIR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt3DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt4DIRECTOR
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IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0LISA NELSON
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0227 W 1ST ST STE 950
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0DULUTH
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0MN
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd055802
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0MN
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum02187277765
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0NONE
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt00
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0NONE
IRS990PF/SumOfProgramRelatedInvstGrp/Expenses1Amt00
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0JOEL LABOVITZ
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm1SHARON LABOVITZ
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt01000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0GENERAL PURPOSE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0DAMIANO CENTER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0206 W 4TH ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0DULUTH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0MN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd055806
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt01000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt02230
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt04281
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt02051
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt07522
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt017516
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt062602
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt054764
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt086259
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt02051
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt084208
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0142404
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt07522
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt017516
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt062602
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt054764
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt02230
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0226612
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0228663
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0STATE FILING FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt013
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt012
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt025
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK D LABOVITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02187277765
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHARON & JOEL LABOVITZ FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SHAR
ReturnHeader/Filer/EIN0363460105
ReturnHeader/Filer/PhoneNum02187277765
ReturnHeader/Filer/USAddress/AddressLine1Txt0227 W 1ST ST NO 950
ReturnHeader/Filer/USAddress/CityNm0DULUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055802
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId038466E2170B169B561CD980C8E1BEB62116D6A99
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03A89C81A326E25B70D8C72ABD8A0CB1884130A08
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.171.131.187
ReturnHeader/FilingSecurityInformation/IPDt02018-03-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm019:33:53
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0227 W FIRST ST STE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DULUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0558021926
ReturnHeader/PreparerPersonGrp/PhoneNum02187275025
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD L WALLGREN
ReturnHeader/ReturnTs02018-03-09T14:59:32-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.04$0.04$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.04$0.03$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.02$0.11$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.02$0.03$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.02$0.03$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.03$0.04$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.03$0.02$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.02$0.03$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.02$0.13$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.77$0.22$0.55
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.59$0.66$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.07$0.59$0.52
2012Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.95
2011Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.79