Civic Intelligence

Pierce-Arrow Foundation

990 • Fiscal year 2017 • EIN 41-1875108

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 08, 2018

3499 Nancy Creek RoadAtlanta, GA 30327

(513) 340-8370

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

88th percentile

37%

Faster asset growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

268%

Faster revenue growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,246,644

Up $603,501 (+37%) from 2016

Net Assets

Up

$2,246,644

Up $603,501 (+37%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$645,652

Up $470,382 (+268%) from 2016

Expenses

Up

$57,706

Up $4,738 (+8.9%) from 2016

Net Income

Up

$587,946

Up $465,644 (+381%) from 2016

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$0Assets 2011: $1,093,558Liabilities 2011: $55,000Net Assets 2011: $1,038,5582011Assets 2012: $1,514,277Liabilities 2012: $10,000Net Assets 2012: $1,504,2772012Assets 2013: $1,510,626Liabilities 2013: $0Net Assets 2013: $1,510,6262013Assets 2014: $1,512,433Liabilities 2014: $0Net Assets 2014: $1,512,4332014Assets 2015: $1,520,841Liabilities 2015: $0Net Assets 2015: $1,520,8412015Assets 2016: $1,643,143Liabilities 2016: $0Net Assets 2016: $1,643,1432016Assets 2017: $2,246,644Liabilities 2017: $0Net Assets 2017: $2,246,6442017Assets 2018: $2,385,275Liabilities 2018: $0Net Assets 2018: $2,385,2752018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2017

Assets$2,246,644
Liabilities$0
Net Assets$2,246,644

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $41,690Expenses 2011: $46,983Net Income 2011: -$5,2932011Revenue 2012: $505,120Expenses 2012: $39,401Net Income 2012: $465,7192012Revenue 2013: $62,833Expenses 2013: $56,484Net Income 2013: $6,3492013Revenue 2014: $50,450Expenses 2014: $48,643Net Income 2014: $1,8072014Revenue 2015: $54,669Expenses 2015: $46,261Net Income 2015: $8,4082015Revenue 2016: $175,270Expenses 2016: $52,968Net Income 2016: $122,3022016Revenue 2017: $645,652Expenses 2017: $57,706Net Income 2017: $587,9462017Revenue 2018: $195,857Expenses 2018: $57,168Net Income 2018: $138,6892018Revenue 2019: $46,017Expenses 2019: $56,813Net Income 2019: -$10,7962019

Highlighted filing

2017

Revenue$645,652
Expenses$57,706
Net Income$587,946
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 8, 2018
Return Version
2017v2.3
Gross Receipts
$655,046
Mission and Program Overview

Mission

The pierce arrow foundation is dedicated to education & preservation of pierce-arrow vehicles & memorabilia. The pierce-arrow foundation operates a museum within the 90-acre campus of the gilmore-ccca museum in hickory corners, michigan. The foundation is now engaged in a captial campaign designed to support the maintenance and proper management of the new museum facility, completed and open to the public in may 2004.

Education/preservation of pierce-arrow vehicles & memorabilia

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$1,354,266$1,976,033▲ $621,767
Rtn Earn Endowment Incm Other Fnds$604,585$1,208,086▲ $603,501
Cap Stk Tr Prin Current Funds$1,038,558$1,038,558→ $0
Land, Buildings, and Equipment, Net$177,786$170,862▼ $6,924
Savings and Temporary Cash Investments-$94,517-
Cash and Non-Interest-Bearing Accounts$110,590$4,676▼ $105,914
Investments in Publicly Traded Securities$501$556▲ $55
Total Assets$1,643,143$2,246,644▲ $603,501
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,643,143$2,246,644▲ $603,501
Total Liabilities and Net Assets / Fund Balance$1,643,143$2,246,644▲ $603,501

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$99,353$54,717$154,070
Other Land Buildings$71,509$47,625$119,134
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$633,148
Program Service Revenue
$8,395
Investment Income
$40
Other Revenue
$4,069
All Other Contributions
$627,013
Change in Net Assets
$587,946

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles5$598,000Appraisal/insured Value
Other Non Cash Contri Table1$300-
Total Noncash Contributions6$598,300-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$57,706
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$28,306--$28,306
Depreciation Depletion$6,924--$6,924
Office Expenses$2,122$2-$2,124
Insurance-$2,119-$2,119
Fees for Services Accounting-$1,968-$1,968
Information Technology-$1,931-$1,931
Other Expenses-$121-$121
Total Functional Expenses$37,352$20,354$0$57,706
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pierce-arrow Foundation
EIN
41-1875108
Phone
5133408370
Address
3499 NANCY CREEK ROAD, ATLANTA, GA 30327

Signing Officer

Name
Stuart a Blair
Title
Treasurer
Phone
4042379330
Signed
2018-10-08

Organization Details

Principal Officer
Merlin B Smith
Formed
2004
Legal Domicile
Ga
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
18

Preparer

Firm
Robert L Beresford & Co
Address
1120 COTTONWOOD DR STE 3, LOVELAND, OH 45140
Preparer
Robert L Beresford
Phone
5135750101
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The pierce arrow foundation is dedicated to education & preservation of pierce-arrow vehicles & memorabilia. The pierce-arrow foundation operates a museum within the 90-acre campus of the gilmore-ccca museum in hickory corners, michigan. The foundation is now engaged in a captial campaign designed to support the maintenance and proper management of the new museum facility, completed and open to the public in may 2004.

Form 990, Page 2, Part III, Line 4D

The organization's exemp purpose for expenses are sales of restoration parts for preservation of pierce-arrow vehicles, as well as the cost of the museum for exhibition of pierce-arrow vehicles and memorabilia to the general public.

Financial Statement Notes

Schedule D, Page 2, Part III, Line 4

The collection of pierce arrow vehicles and memorabilia is dedicated to preservation for future generations, public exhibition of related items, as well as one vehicle on loan for exhibition to the public.

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ORGANIZATION'S EXEMP PURPOSE FOR EXPENSES ARE SALES OF RESTORATION PARTS FOR PRESERVATION OF PIERCE-ARROW VEHICLES, AS WELL AS THE COST OF THE MUSEUM FOR EXHIBITION OF PIERCE-ARROW VEHICLES AND MEMORABILIA TO THE GENERAL PUBLIC.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt037352
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0168461
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-20000
IRS990/PYOtherExpensesAmt052968
IRS990/PYProgramServiceRevenueAmt026809
IRS990/PYRevenuesLessExpensesAmt0122302
IRS990/PYTotalExpensesAmt052968
IRS990/PYTotalRevenueAmt0175270
IRS990/ReconcilationRevenueExpnssAmt0587946
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt08395
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0604585
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01208086
IRS990/SavingsAndTempCashInvstGrp/EOYAmt094517
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0228775
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt030636
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt017371
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt020145
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt018216
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0315143
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0VEHICLES DONATED FROM A DISINTERESTED PARTY. 290,000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt123
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0343148
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0154637
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt042559
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt047035
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt040727
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0628106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt040
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012485
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt020611
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt012110
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04048
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt010140
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt059394
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt02265
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt02265
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0451
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0451
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt023
IRS990ScheduleA/OtherIncome509Grp/TotalAmt023
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt0411
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt0411
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.54270
IRS990ScheduleA/PublicSupportPY509Pct00.74140
IRS990ScheduleA/PublicSupportTotal509Amt0374622
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0228775
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt030636
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt017371
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt020145
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt018216
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0315143
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0357898
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0175248
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt054669
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt051083
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt050867
IRS990ScheduleA/Total509Grp/TotalAmt0689765
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0358349
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0175271
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt054669
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt051083
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt050867
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0690239
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt099353
IRS990ScheduleD/BuildingsGrp/DepreciationAmt054717
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0154070
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt071509
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt047625
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0119134
IRS990ScheduleD/SolicitedAssetsSaleInd0true
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COLLECTION OF PIERCE ARROW VEHICLES AND MEMORABILIA IS DEDICATED TO PRESERVATION FOR FUTURE GENERATIONS, PUBLIC EXHIBITION OF RELATED ITEMS, AS WELL AS ONE VEHICLE ON LOAN FOR EXHIBITION TO THE PUBLIC.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART III, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0170862
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt05
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0APPRAISAL/INSURED VALUE
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt0598000
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0MUSEUM BANNERS
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0300
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PIERCE ARROW FOUNDATION IS DEDICATED TO EDUCATION & PRESERVATION OF PIERCE-ARROW VEHICLES & MEMORABILIA. THE PIERCE-ARROW FOUNDATION OPERATES A MUSEUM WITHIN THE 90-ACRE CAMPUS OF THE GILMORE-CCCA MUSEUM IN HICKORY CORNERS, MICHIGAN. THE FOUNDATION IS NOW ENGAGED IN A CAPTIAL CAMPAIGN DESIGNED TO SUPPORT THE MAINTENANCE AND PROPER MANAGEMENT OF THE NEW MUSEUM FACILITY, COMPLETED AND OPEN TO THE PUBLIC IN MAY 2004.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S EXEMP PURPOSE FOR EXPENSES ARE SALES OF RESTORATION PARTS FOR PRESERVATION OF PIERCE-ARROW VEHICLES, AS WELL AS THE COST OF THE MUSEUM FOR EXHIBITION OF PIERCE-ARROW VEHICLES AND MEMORABILIA TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/StatesWhereCopyOfReturnIsFldCd1MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01643143
IRS990/TotalAssetsEOYAmt02246644
IRS990/TotalAssetsGrp/BOYAmt01643143
IRS990/TotalAssetsGrp/EOYAmt02246644
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0633148
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020354
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt037352

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