Civic Intelligence

Emerald Foundation

990 • Fiscal year 2018 • EIN 36-4660784

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 25, 2019

3175 Oregon PikeLancaster, PA 17601

(717) 560-7572

Siviq Scores

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

Liabilities / Assets

91st percentile

0.95x

Higher debt load relative to assets than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

3.23x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

45th percentile

-0.1%

Faster asset growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

104%

Faster revenue growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,692,813

Down $902 (-0.1%) from 2017

Net Assets

Up

$85,963

Up $104,267 (+570%) from 2017

Liabilities

Down

$1,606,850

Down $105,169 (-6.1%) from 2017

Revenue

Up

$496,925

Up $253,601 (+104%) from 2017

Expenses

Up

$392,658

Up $59,180 (+18%) from 2017

Net Income

Up

$104,267

Up $194,421 (+216%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2017: $1,693,715Liabilities 2017: $1,712,019Net Assets 2017: -$18,3042017Assets 2018: $1,692,813Liabilities 2018: $1,606,850Net Assets 2018: $85,9632018Assets 2019: $1,819,129Liabilities 2019: $1,612,469Net Assets 2019: $206,6602019Assets 2020: $2,093,717Liabilities 2020: $1,897,819Net Assets 2020: $195,8982020Assets 2021: $1,714,055Liabilities 2021: $1,900,960Net Assets 2021: -$186,9052021Assets 2022: $1,609,371Liabilities 2022: $2,042,980Net Assets 2022: -$433,6092022Assets 2023: $1,549,207Liabilities 2023: $2,271,297Net Assets 2023: -$722,0902023

Highlighted filing

2018

Assets$1,692,813
Liabilities$1,606,850
Net Assets$85,963

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $243,324Expenses 2017: $333,478Net Income 2017: -$90,1542017Revenue 2018: $496,925Expenses 2018: $392,658Net Income 2018: $104,2672018Revenue 2019: $755,535Expenses 2019: $634,838Net Income 2019: $120,6972019Revenue 2020: $1,002,642Expenses 2020: $1,013,404Net Income 2020: -$10,7622020Revenue 2021: $211,805Expenses 2021: $594,608Net Income 2021: -$382,8032021Revenue 2022: $413,403Expenses 2022: $653,486Net Income 2022: -$240,0832022Revenue 2023: $686,762Expenses 2023: $977,069Net Income 2023: -$290,3072023

Highlighted filing

2018

Revenue$496,925
Expenses$392,658
Net Income$104,267
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 25, 2019
Return Version
2017v2.3
Gross Receipts
$577,682
Mission and Program Overview

Mission

The mission of the emerald foundation is to create a thriving community by providing services and support to non-profit organizations that focus on education, youth, and healthcare research, and offer opportunities for diverse communities to meet and learn from one another.

The mission of the emerald foundation is to raise funds to create a thriving community by providing services and support to non-profit organizations that focus on education, youth, and healthcare research, and offer opportunities for diverse communities to meet and learn from one another. The emerald foundation is an independent 501(c)(3) non-profit organization established in 2010. In september of 2017 the emerald foundation purchased a 30,000-square foot building in lancaster, pa, now called the emerald community campus (ecc) or "the e." the emerald foundation has turned the building into a collaborative hub for non-profits and a community center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,681,147$1,661,963▼ $19,184
Loans From Officers Directors$75,000$34,438▼ $40,562
Cash and Non-Interest-Bearing Accounts$7,799$30,850▲ $23,051
Intangible Assets$4,364$0▼ $4,364
Accounts Receivable$405$0▼ $405
Total Assets$1,693,715$1,692,813▼ $902
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,550,000$1,548,698▼ $1,302
Accounts Payable and Accrued Expenses$80,236$23,714▼ $56,522
Other Liabilities$6,783$0▼ $6,783
Total Liabilities$1,712,019$1,606,850▼ $105,169
Net Assets / Fund Balance
Unrestricted Net Assets$-18,304$85,963▲ $104,267
Total Net Assets Fund Balance$-18,304$85,963▲ $104,267
Total Liabilities and Net Assets / Fund Balance$1,693,715$1,692,813▼ $902

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,181,060$56,871-
Other Land Buildings$5,718$2,649-
Land$344,000--
Equipment$15,131$7,566-
Leasehold Improvements$116,054$12,555-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laurie Israel-cubellExecutive DirectorFT$69,000$69,000
Milzy CarrascoDirector of Development and Community RelationsFT$46,200$46,200

Board Members and Trustees

NameTitle
Joe BeseckerPresident
Paul WareVice President
Scott RehrDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$408,163
Program Service Revenue
$0
Investment Income
$11
Other Revenue
$88,751
All Other Contributions
$184,973
Change in Net Assets
$104,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$231,385
Salaries, Compensation, and Employee Benefits$161,273
Total Fundraising Expense$43,812
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$49,463$50,871$35,888$136,222
Interest$48,418$20,751-$69,169
Occupancy$19,478$45,448-$64,926
Depreciation Depletion$33,495$14,355-$47,850
Fees for Services Other-$22,049-$22,049
Payroll Taxes$5,231$5,381$3,796$14,408
Other Salaries and Wages$3,864$3,975$2,804$10,643
Insurance$5,510$2,361-$7,871
Other Expenses$1,089$2,541-$3,630
Office Expenses$313$2,412-$2,725
Advertising--$1,324$1,324
Travel-$156-$156
Total Functional Expenses$168,554$180,292$43,812$392,658
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$83,162
Fundraising Direct Expenses$66,269
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing & Auction$126,120$65,130$706$64,424
Beer Showcase Fundraiser$6,883$6,883$6,883$0
Total Events$141,728$78,905$62,218$16,687
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$75,000$34,438▼ $40,562
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
No
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, Section A, Line 2

Joseph besecker (president), paul ware (vice president), scott rehr (director), richard juliano, and daniel moyer are employed by the same organization

Form 990, Part VI, Section B, Line 11B

A copy of form 990 is available for board inspection prior to filing.

Form 990, Part VI, Section B, Line 15A

Executive director compensation was approved by the board of directors and based on compensation amounts for similar positions in the local area.

Form 990, Part VI, Section C, Line 19

Information available to public upon request.

Filing and Contact Details

Filer

Filer Name
Emerald Foundation
EIN
36-4660784
Phone
7175607572
Address
3175 OREGON PIKE, LANCASTER, PA 17601

Signing Officer

Name
Joseph E Besecker
Title
President
Phone
7175607572
Signed
2019-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph E Besecker
Formed
2009
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
3
Employees
6
Volunteers
50

Preparer

Firm
Trout Ebersole & Groff Llp
Address
1705 OREGON PIKE, LANCASTER, PA 17601
Preparer
Brian Wassell
Phone
7175692900
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is not aware of any uncertain tax positions.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE DIRECTOR
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt055
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0103
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt097
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0274
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt097365
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62100
IRS990ScheduleA/PublicSupportPY170Pct00.77060
IRS990ScheduleA/PublicSupportTotal170Amt0592526
IRS990ScheduleA/SubstantialContributorsTotAmt0361397
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0425338
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0268882
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt098466
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt083199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt078038
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0953923
IRS990ScheduleA/TotalSupportAmt0954197
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01181060
IRS990ScheduleD/BuildingsGrp/DepreciationAmt056871
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01237931
IRS990ScheduleD/EquipmentGrp/BookValueAmt015131
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07566
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt022697
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0344000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0344000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0116054
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt012555
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0128609
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05718
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02649
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt08367
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01661963
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt062823
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt060990
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt01833
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt062218
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING & AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BEER SHOWCASE FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0126120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06883
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt08725
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0141728
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt065130
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06883
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06892
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt078905
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt016687
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt05674
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013263
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0706
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06883
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt048955
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt048955
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt034438
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO FUND IMPROVEMENTS FOR NEWLY ACQUIRED FACILITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt075000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOSEPH BESECKER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt034438
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOSEPH BESECKER (PRESIDENT), PAUL WARE (VICE PRESIDENT), SCOTT REHR (DIRECTOR), RICHARD JULIANO, AND DANIEL MOYER ARE EMPLOYED BY THE SAME ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS AVAILABLE FOR BOARD INSPECTION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR COMPENSATION WAS APPROVED BY THE BOARD OF DIRECTORS AND BASED ON COMPENSATION AMOUNTS FOR SIMILAR POSITIONS IN THE LOCAL AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMATION AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01693715
IRS990/TotalAssetsEOYAmt01692813
IRS990/TotalAssetsGrp/BOYAmt01693715
IRS990/TotalAssetsGrp/EOYAmt01692813
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0408163
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043812
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0180292
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0168554
IRS990/TotalFunctionalExpensesGrp/TotalAmt0392658
IRS990/TotalGrossUBIAmt030028
IRS990/TotalLiabilitiesBOYAmt01712019
IRS990/TotalLiabilitiesEOYAmt01606850
IRS990/TotalLiabilitiesGrp/BOYAmt01712019
IRS990/TotalLiabilitiesGrp/EOYAmt01606850
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-18304
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt085963
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0168554
IRS990/TotalReportableCompFromOrgAmt0115200
IRS990/TotalRevenueGrp/ExclusionAmt016904
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt041830
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0496925
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt030028
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01693715
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01692813
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0156
IRS990/TravelGrp/TotalAmt0156
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-18304
IRS990/UnrestrictedNetAssetsGrp/EOYAmt085963
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0220 PINETOWN ROAD
IRS990/USAddress/CityNm0LITITZ
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd017543
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.EMERALDE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH E BESECKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07175607572
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EMERALD FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0EMER
ReturnHeader/Filer/EIN0364660784
ReturnHeader/Filer/PhoneNum07175607572

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