Civic Intelligence

Northcrest Foundation Inc.

990 • Fiscal year 2013 • EIN 42-1511969

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 02, 2014

1801 20th St50010

(515) 232-6760

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

15th percentile

-17%

Higher net margin than 15% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

84th percentile

$141,109

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 27.1% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

52nd percentile

2.6%

Faster asset growth than 52% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$3,051,733

Up $78,520 (+2.6%) from 2012

Net Assets

Up

$3,050,360

Up $80,828 (+2.7%) from 2012

Liabilities

Down

$1,373

Down $2,308 (-63%) from 2012

Revenue

$521,550

No earlier filing loaded for comparison.

Expenses

Up

$608,971

Up $302,274 (+99%) from 2012

Net Income

-$87,421

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,853,114Liabilities 2010: $1,676Net Assets 2010: $2,851,4382010Assets 2011: $2,942,827Liabilities 2011: $1,439Net Assets 2011: $2,941,3882011Assets 2012: $2,973,213Liabilities 2012: $3,681Net Assets 2012: $2,969,5322012Assets 2013: $3,051,733Liabilities 2013: $1,373Net Assets 2013: $3,050,3602013Assets 2014: $2,657,542Liabilities 2014: $17,803Net Assets 2014: $2,639,7392014Assets 2015: $2,546,422Liabilities 2015: $3,093Net Assets 2015: $2,543,3292015Assets 2016: $2,620,027Liabilities 2016: $1,500Net Assets 2016: $2,618,5272016Assets 2017: $2,542,050Liabilities 2017: $0Net Assets 2017: $2,542,0502017Assets 2018: $3,516,406Liabilities 2018: $0Net Assets 2018: $3,516,4062018Assets 2019: $3,984,418Liabilities 2019: $0Net Assets 2019: $3,984,4182019Assets 2020: $4,343,291Liabilities 2020: $0Net Assets 2020: $4,343,2912020Assets 2021: $4,640,262Liabilities 2021: $2,100Net Assets 2021: $4,638,1622021Assets 2022: $3,935,260Liabilities 2022: $2,900Net Assets 2022: $3,932,3602022Assets 2023: $4,353,675Liabilities 2023: $2,109Net Assets 2023: $4,351,5662023Assets 2024: $4,905,260Liabilities 2024: $0Net Assets 2024: $4,905,2602024

Highlighted filing

2013

Assets$3,051,733
Liabilities$1,373
Net Assets$3,050,360

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $92,0402010Expenses 2011: $91,8632011Expenses 2012: $306,6972012Revenue 2013: $521,550Expenses 2013: $608,971Net Income 2013: -$87,4212013Revenue 2014: $486,246Expenses 2014: $464,260Net Income 2014: $21,9862014Revenue 2015: $110,034Expenses 2015: $146,941Net Income 2015: -$36,9072015Revenue 2016: $132,184Expenses 2016: $112,107Net Income 2016: $20,0772016Revenue 2017: $223,469Expenses 2017: $444,843Net Income 2017: -$221,3742017Revenue 2018: $1,381,625Expenses 2018: $140,978Net Income 2018: $1,240,6472018Revenue 2019: $259,593Expenses 2019: $115,940Net Income 2019: $143,6532019Revenue 2020: $285,192Expenses 2020: $109,502Net Income 2020: $175,6902020Revenue 2021: $380,238Expenses 2021: $149,932Net Income 2021: $230,3062021Revenue 2022: $350,966Expenses 2022: $149,218Net Income 2022: $201,7482022Revenue 2023: $228,134Expenses 2023: $136,973Net Income 2023: $91,1612023Revenue 2024: $495,540Expenses 2024: $149,702Net Income 2024: $345,8382024

Highlighted filing

2013

Revenue$521,550
Expenses$608,971
Net Income-$87,421
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 2, 2014
Return Version
2013v3.1
Gross Receipts
$1,586,176
Mission and Program Overview

Mission

To solicit and distribute funds for the general welfare, maintenance, and improvement of northcrest, inc

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,851,727$2,205,457▲ $353,730
Savings and Temporary Cash Investments$1,119,511$846,276▼ $273,235
Accounts Receivable$1,975$0▼ $1,975
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,973,213$3,051,733▲ $78,520
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,681$1,373▼ $2,308
Total Liabilities$3,681$1,373▼ $2,308
Net Assets / Fund Balance
Unrestricted Net Assets$2,969,532$3,050,360▲ $80,828
Total Net Assets Fund Balance$2,969,532$3,050,360▲ $80,828
Total Liabilities and Net Assets / Fund Balance$2,973,213$3,051,733▲ $78,520

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$2,969,320$346,614▲ $316,402$589,544$3,042,792
2012$2,940,964$128,332▲ $185,066$285,042$2,969,320
2011$2,876,030$87,448▲ $60,201$82,715$2,940,964
2010$2,647,958$58,376▲ $217,839$78,143$2,846,030
2009$120,075$318,635--$2,647,958
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Linda DoyleCEOPT$141,109$141,109
Teresa KentonCFOPT$96,349$96,349

Board Members and Trustees

NameTitle
Peter MartinPresident
Tim GrandonVice President
Bill DreyerDirector
Chuck FrederiksenDirector
Pam FleenerDirector
Phyllis CrouseDirector
Phyllis Poppen RickettsDirector
Wallace SandersDirector of Dev
Cindy BourkeSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$346,614
Program Service Revenue
$0
Investment Income
$174,936
Other Revenue
$0
All Other Contributions
$346,614
Change in Net Assets
$-87,421

Audited Revenue Reconciliation

Revenue per Audited Statements
$521,550
Revenue Not Reported on Form 990
$168,249
Total Revenue per Audited Statements
$689,799
Total Revenue per Form 990
$521,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$608,971
Total Fundraising Expense$6,288
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other--$2,100$2,100
Office Expenses--$1,797$1,797
Other Expenses$13,139-$1,087$1,087
All Other Expenses--$200$200
Total Functional Expenses$602,683$0$6,288$608,971

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$608,971
Total Expenses per Audited Statements$608,971
Total Expenses per Form 990$608,971
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Auditor reviewed the form 990 with the board of directors before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Organization requires ongoing disclosure of any conflicts and annually reviews all directors and officers for conflicts.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Board reviews the compensation package of the ceo annually as approved by the northcrest, inc. Board. The northcrest, inc. Board does comparisons with similar organizations.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All required documents are available to public upon request.

Filing and Contact Details

Filer

EIN
42-1511969
Phone
5152326760

Signing Officer

Name
Teresa Kenton
Title
CFO
Signed
2014-07-02
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Preparer
Eric G Seeman
Phone
5154321176
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IRS990/OtherExpensesGrp/Desc0DISBURSEMENTS TO NORTHCREST IN
IRS990/OtherExpensesGrp/Desc1DISBURSEMENTS TO OTHERS
IRS990/OtherExpensesGrp/Desc2INSURANCE
IRS990/OtherExpensesGrp/Desc3CONFERENCE
IRS990/OtherExpensesGrp/FundraisingAmt01104
IRS990/OtherExpensesGrp/FundraisingAmt11087
IRS990/OtherExpensesGrp/ProgramServicesAmt0589544
IRS990/OtherExpensesGrp/ProgramServicesAmt113139
IRS990/OtherExpensesGrp/TotalAmt0589544
IRS990/OtherExpensesGrp/TotalAmt113139
IRS990/OtherExpensesGrp/TotalAmt21104
IRS990/OtherExpensesGrp/TotalAmt31087
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0128332
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0164264
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0306697
IRS990/PYRevenuesLessExpensesAmt0-14101
IRS990/PYTotalExpensesAmt0306697
IRS990/PYTotalRevenueAmt0292596
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-87421
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01119511
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0846276
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd0false
IRS990ScheduleA/ContributionControllerInd0false
IRS990ScheduleA/ContributionFamilyInd0false
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0420883987
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc09
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0589544
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10NORTHCREST INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd0false
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0589544
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02969320
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0346614
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03042792
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0316402
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0589544
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02940964
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0128332
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02969320
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0185066
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0285042
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02876030
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt087448
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02940964
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt060201
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt082715
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02647958
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt058376
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02846030
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0217839
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt078143
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt02647958
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0120075
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0318635
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02647958
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt072760
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0608971
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0168249
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt0168249
IRS990ScheduleD/RevenueSubtotalAmt0521550
IRS990ScheduleD/TotalExpensesPerForm990Amt0608971
IRS990ScheduleD/TotalRevenuePerForm990Amt0521550
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0689799
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0608971
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AUDITOR REVIEWED THE FORM 990 WITH THE BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION REQUIRES ONGOING DISCLOSURE OF ANY CONFLICTS AND ANNUALLY REVIEWS ALL DIRECTORS AND OFFICERS FOR CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD REVIEWS THE COMPENSATION PACKAGE OF THE CEO ANNUALLY AS APPROVED BY THE NORTHCREST, INC. BOARD. THE NORTHCREST, INC. BOARD DOES COMPARISONS WITH SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL REQUIRED DOCUMENTS ARE AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02973213
IRS990/TotalAssetsEOYAmt03051733
IRS990/TotalAssetsGrp/BOYAmt02973213
IRS990/TotalAssetsGrp/EOYAmt03051733
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0346614
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06288
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0602683
IRS990/TotalFunctionalExpensesGrp/TotalAmt0608971
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03681
IRS990/TotalLiabilitiesEOYAmt01373

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.91$0.00$4.91$0.50$0.15$0.35
2023Detailed filing. Detailed filing data is available for this year.$4.35$0.00$4.35$0.23$0.14$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.94$0.00$3.93$0.35$0.15$0.20
2021Detailed filing. Detailed filing data is available for this year.$4.64$0.00$4.64$0.38$0.15$0.23
2020Detailed filing. Detailed filing data is available for this year.$4.34$0.00$4.34$0.29$0.11$0.18
2019Detailed filing. Detailed filing data is available for this year.$3.98$0.00$3.98$0.26$0.12$0.14
2018Detailed filing. Detailed filing data is available for this year.$3.52$0.00$3.52$1.38$0.14$1.24
2017Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$0.22$0.44$0.22
2016Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$0.13$0.11$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.54$0.11$0.15$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.66$0.02$2.64$0.49$0.46$0.02
2013Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$0.52$0.61$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.00$2.97$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.00$2.94$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$0.00$2.85$0.09