Civic Intelligence

Collision Industry Foundation Inc.

990 • Fiscal year 2020 • EIN 36-4437628

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

PO Box 3007Mechanicsville, VA 23116

(520) 797-9000

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

16th percentile

-33%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

16th percentile

-26%

Faster asset growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

298%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$203,271

Down $70,975 (-26%) from 2019

Net Assets

Down

$202,972

Down $71,274 (-26%) from 2019

Liabilities

Up

$299

Up $299 from 2019

Revenue

Up

$223,801

Up $167,504 (+298%) from 2019

Expenses

Up

$297,876

Up $276,538 (+1296%) from 2019

Net Income

Down

-$74,075

Down $109,034 (-312%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $189,731Liabilities 2017: $0Net Assets 2017: $189,7312017Assets 2018: $237,125Liabilities 2018: $0Net Assets 2018: $237,1252018Assets 2019: $274,246Liabilities 2019: $0Net Assets 2019: $274,2462019Assets 2020: $203,271Liabilities 2020: $299Net Assets 2020: $202,9722020Assets 2021: $315,462Liabilities 2021: $66,250Net Assets 2021: $249,2122021Assets 2022: $414,302Liabilities 2022: $103,250Net Assets 2022: $311,0522022Assets 2023: $417,263Liabilities 2023: $14,793Net Assets 2023: $402,4702023Assets 2024: $438,244Liabilities 2024: $13,595Net Assets 2024: $424,6492024

Highlighted filing

2020

Assets$203,271
Liabilities$299
Net Assets$202,972

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $122,452Expenses 2017: $48,476Net Income 2017: $73,9762017Revenue 2018: $77,259Expenses 2018: $27,946Net Income 2018: $49,3132018Revenue 2019: $56,297Expenses 2019: $21,338Net Income 2019: $34,9592019Revenue 2020: $223,801Expenses 2020: $297,876Net Income 2020: -$74,0752020Revenue 2021: $96,118Expenses 2021: $48,440Net Income 2021: $47,6782021Revenue 2022: $138,429Expenses 2022: $60,734Net Income 2022: $77,6952022Revenue 2023: $176,940Expenses 2023: $88,896Net Income 2023: $88,0442023Revenue 2024: $200,134Expenses 2024: $186,371Net Income 2024: $13,7632024

Highlighted filing

2020

Revenue$223,801
Expenses$297,876
Net Income-$74,075
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.1
Gross Receipts
$240,033
Mission and Program Overview

Mission

To raise funds to support charitable causes as determined by the foundation and help direct charitable programs and activities.

To provide emergency relief to collision repair professionals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$251,436$176,178▼ $75,258
Cash and Non-Interest-Bearing Accounts$22,210$23,961▲ $1,751
Accounts Receivable$0$2,000▲ $2,000
Prepaid Expenses and Deferred Charges$600$1,132▲ $532
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$274,246$203,271▼ $70,975
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$299▲ $299
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$299▲ $299
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$274,246$202,972▼ $71,274
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$274,246$202,972▼ $71,274
Total Liabilities and Net Assets / Fund Balance$274,246$203,271▼ $70,975
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael QuinnPresident
Ann GonzalezVice President
Bryan RobinsonTrustee
Casey SteffenTrustee
Dan RisleyTrustee
Frank LaviolaTrustee
Jeff WildmanTrustee
Jordan HendlerTrustee
Kelly BroderickTrustee
Scott WaltonTrustee
Petra SchroederSecretary
Cheryl BoswellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$220,218
Program Service Revenue
$0
Investment Income
$3,033
Other Revenue
$550
All Other Contributions
$202,613
Change in Net Assets
$-74,075
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$284,500
Other Expenses$13,376
Total Fundraising Expense$138
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$284,500--$284,500
Fees for Services Accounting-$8,617-$8,617
Fees for Services Other$990$55$55$1,100
Insurance$933$52$52$1,037
Fees for Services Legal-$950-$950
Fees for Service Investment Mgmnt Fees-$814-$814
Travel$463$25$26$514
Office Expenses-$241-$241
Advertising$93$5$5$103
Total Functional Expenses$286,979$10,759$138$297,876
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,345
Fundraising Direct Expenses$14,795
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2020 Gala$30,285$15,345$466$14,879
Magic Show$2,665---
Total Events$32,950$15,345$14,795$550
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11

The board reviews a copy of the form 990 prior to its filing.

Part VI, Section B, Line 12C

The organization's conflict of interest policy is drafted as of the filing of tax return form 990 for tax year ending december 31, 2020. The policy is scheduled to be finalized and adopted before the end of tax year 2021. The organization's proposed conflict of interest policy will require any possible conflicts of interest to be disclosed immediately to the president. The interested person shall not participate in the final deliberation or decision regarding the matter under consideration and shall retire form the room during the vote of the board of trustees.

Part VI, Section C, Line 19

Governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Collision Industry Foundation
EIN
36-4437628
In Care Of
% JORDAN HENDLER
Phone
5207979000
Address
PO BOX 3007, MECHANICSVILLE, VA 23116

Signing Officer

Name
Michael Quinn
Title
President
Phone
5207979000
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Quinn
Formed
2012
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Smith & Howard Pc
Address
271 17TH STREET NW SUITE 1600, ATLANTA, GA 30363
Preparer
Sabre J Linahan
Phone
4048746244
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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