Civic Intelligence

Private Equity Foundation I Inc.

990 • Fiscal year 2016 • EIN 43-2116245

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 14, 2017

CHAPEL YORK LTD 1000 N WEST No 1200Wilmington, DE 19801

(302) 295-4959

Siviq Scores

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

Liabilities / Assets

75th percentile

0.00x

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

2016 filings • NTEE T • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.00x

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

2016 filings • NTEE T • $500k-$1M nonprofits • Source year 2016

Net Margin

28th percentile

-69%

Higher net margin than 28% of similar nonprofits.

2016 filings • NTEE T • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2016 filings • NTEE T • $500k-$1M nonprofits • Source year 2016

Asset Growth

6th percentile

-27%

Faster asset growth than 6% of similar nonprofits.

2016 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

43rd percentile

-17%

Faster revenue growth than 43% of similar nonprofits.

2016 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$773,535

Down $287,381 (-27%) from 2015

Net Assets

Down

$773,535

Down $287,381 (-27%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$414,690

Down $84,588 (-17%) from 2015

Expenses

Up

$702,071

Up $166,597 (+31%) from 2015

Net Income

Down

-$287,381

Down $251,185 (-694%) from 2015

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 2011: $5,259,051Liabilities 2011: $0Net Assets 2011: $5,259,0512011Assets 2012: $4,665,374Liabilities 2012: $0Net Assets 2012: $4,665,3742012Assets 2013: $1,520,261Liabilities 2013: $0Net Assets 2013: $1,520,2612013Assets 2014: $1,097,112Liabilities 2014: $0Net Assets 2014: $1,097,1122014Assets 2015: $1,060,916Liabilities 2015: $0Net Assets 2015: $1,060,9162015Assets 2016: $773,535Liabilities 2016: $0Net Assets 2016: $773,5352016Assets 2017: $538,627Liabilities 2017: $0Net Assets 2017: $538,6272017Assets 2018: $108,247Liabilities 2018: $0Net Assets 2018: $108,2472018Assets 2019: $210,871Liabilities 2019: $0Net Assets 2019: $210,8712019Assets 2020: $300,115Liabilities 2020: $0Net Assets 2020: $300,1152020Assets 2021: $487,565Liabilities 2021: $0Net Assets 2021: $487,5652021Assets 2022: $559,475Liabilities 2022: $0Net Assets 2022: $559,4752022Assets 2023: $682,710Liabilities 2023: $0Net Assets 2023: $682,7102023Assets 2024: $852,043Liabilities 2024: $0Net Assets 2024: $852,0432024

Highlighted filing

2016

Assets$773,535
Liabilities$0
Net Assets$773,535

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $1,092,589Expenses 2011: $778,248Net Income 2011: $314,3412011Revenue 2012: $940,437Expenses 2012: $1,534,116Net Income 2012: -$593,6792012Revenue 2013: $1,150,499Expenses 2013: $4,295,611Net Income 2013: -$3,145,1122013Revenue 2014: $658,370Expenses 2014: $1,081,519Net Income 2014: -$423,1492014Revenue 2015: $499,278Expenses 2015: $535,474Net Income 2015: -$36,1962015Revenue 2016: $414,690Expenses 2016: $702,071Net Income 2016: -$287,3812016Revenue 2017: $270,829Expenses 2017: $505,737Net Income 2017: -$234,9082017Revenue 2018: $51,075Expenses 2018: $481,455Net Income 2018: -$430,3802018Revenue 2019: $102,664Expenses 2019: $40Net Income 2019: $102,6242019Revenue 2020: $89,319Expenses 2020: $75Net Income 2020: $89,2442020Revenue 2021: $187,480Expenses 2021: $30Net Income 2021: $187,4502021Revenue 2022: $72,000Expenses 2022: $90Net Income 2022: $71,9102022Revenue 2023: $123,250Expenses 2023: $15Net Income 2023: $123,2352023Revenue 2024: $185,141Expenses 2024: $15,808Net Income 2024: $169,3332024

Highlighted filing

2016

Revenue$414,690
Expenses$702,071
Net Income-$287,381
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 14, 2017
Return Version
2016v3.0
Gross Receipts
$414,690
Mission and Program Overview

Mission

To support individuals in disadvantaged communities, enabling them to achieve a sense of self-worth and personal success. Their talents as developed can benefit society.

To support individuals in disadvantaged communities, enabling them to achieve a sense of self-worth and personal success. Their talents, as developed, can benefit society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,060,916$773,535▼ $287,381
Total Assets$1,060,916$773,535▼ $287,381
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,060,916$773,535▼ $287,381
Total Net Assets Fund Balance$1,060,916$773,535▼ $287,381
Total Liabilities and Net Assets / Fund Balance$1,060,916$773,535▼ $287,381
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas WalkerDirector/president/treasur
Greg ConwayDirector/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$414,500
Program Service Revenue
$0
Investment Income
$190
Other Revenue
$0
All Other Contributions
$393,500
Change in Net Assets
$-287,381
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$552,099
Other Expenses$93,445
Professional Fundraising Fees$56,527
Total Fundraising Expense$56,527
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$552,099--$552,099
Fees for Services Management-$93,445-$93,445
Fees for Services Professional Fundraising--$56,527$56,527
Total Functional Expenses$552,099$93,445$56,527$702,071
International Activity

International Summary

Offices
0
Employees
0
Spending
$702,071

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrants to Recipients in Regionsupport the Street League charity--$552,099
Europe (Including Iceland & Greenland)Grant Management SupportManagement--$93,445
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumFundraising SupportFundraising--$56,527
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$56,527
Fundraising Direct Expenses$0
Fundraising Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Event$21,000---
Total Events$21,000---
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 B, line 11B

The form 990 is distributed, either as a hard copy or electronic file, to all directors and officers of the organization for review. There is no specific requirement for written confirmation from the directors and officers that they reviewed the form 990 prior to filing.

Form 990, Part VI, Section B, line 12C

All directors and officers are required to review conflict of interest policy on an annual basis and sign conflict of interest annual certification form.

Form 990, Part VI, Section C, line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Private Equity Foundation I Inc
EIN
43-2116245
Phone
3022954959
Address
CHAPEL YORK LTD 1000 N WEST No 1200, WILMINGTON, DE 19801

Signing Officer

Name
Thomas Walker
Title
President
Phone
3022954959
Signed
2017-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Walker
Formed
2006
Legal Domicile
De
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Christine E Cassidy Pa
Address
1 MATHEWS DR STE 114, HILTON HEAD, SC 29926
Preparer
Christine E Cassidy CPA
Phone
8436892800
Raw XML Appendix362 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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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0support the Street League charity
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE BOARD HAS RESOLVED THAT ALL ORGANIZATIONS TO WHICH IT MAKES GRANTS OR FUNDS PROGRAMS WILL BE REQUIRED TO SUBMIT THE FOLLOWING: 1. A GRANT APPLICATION WHICH SPECIFIES THE AMOUNT REQUESTED, THE NEED TO BE ADDRESSED, AND A DETAILED PROPOSED USE OF THE FUNDS. 2. IN CASE OF AN ORGANIZATION OUTSIDE THE USA, A COPY OF THE ORGANIZATION'S ORGANIZING DOCUMENTS, REGISTRATION DOCUMENTS WITHIN THE JURISDICTION AND INFORMATION ABOUT THE ORGANIZATION'S ACTIVITIES AND BUDGET IN ORDER TO ENSURE IT IS SUITABLE TO RECEIVE FUNDS FROM A US 501(C)(3) PUBLIC CHARITY. WHEN A GRANT IS MADE TO AN ORGANIZATION, THE ORGANIZATION WILL BE REQUIRED TO: 1. MAKE A REPORT ON THE USE OF THE FUNDS, TO BE RETURNED TO THE ORGANIZATION WITHIN 12 MONTHS OF THE GRANTING OF THE FUNDS. 2. SIGN A STATEMENT THAT THE GRANTEE WILL REFUND ANY PORTION OF THE GRANT NOT USED IN ACCORDANCE WITH TERMS OF THE GRANT. 3. AGREE ANY OTHER CONDITIONS IMPOSED BY THE BOARD DEPENDING ON THE SPECIFICS OF THE GRANT AND THE ORGANIZATION TO WHICH FUNDS ARE BEING GIVEN. NO GRANT WILL BE MADE WITHOUT MEETING THE TERMS SET FORTH BY THE BOARD.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
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IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0IMPETUS PEF UK
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt056527
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt021000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt021000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt021000
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0NY
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0The organization pays one fee for all fundraising expenses. The lump sum fee includes direct and indirect costs and the professional fundraiser has not provided detailed information with reference to direct and indirect expenses.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 SCHEDULE G PART II
IRS990ScheduleG/TotalGrossReceiptsAmt0414500
IRS990ScheduleG/TotalNetToOrganizationAmt0357973
IRS990ScheduleG/TotalRetainedByContractorsAmt056527
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS DISTRIBUTED, EITHER AS A HARD COPY OR ELECTRONIC FILE, TO ALL DIRECTORS AND OFFICERS OF THE ORGANIZATION FOR REVIEW. THERE IS NO SPECIFIC REQUIREMENT FOR WRITTEN CONFIRMATION FROM THE DIRECTORS AND OFFICERS THAT THEY REVIEWED THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DIRECTORS AND OFFICERS ARE REQUIRED TO REVIEW CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND SIGN CONFLICT OF INTEREST ANNUAL CERTIFICATION FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01060916
IRS990/TotalAssetsEOYAmt0773535
IRS990/TotalAssetsGrp/BOYAmt01060916
IRS990/TotalAssetsGrp/EOYAmt0773535
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0414500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt056527
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt093445
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0552099
IRS990/TotalFunctionalExpensesGrp/TotalAmt0702071
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01060916
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0773535
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0552099
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0190
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0414690
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01060916
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0773535
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01060916
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0773535
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0CHAPEL YORK LTD 1000 N WEST No 1200
IRS990/USAddress/CityNm0WILMINGTON
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019801
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS WALKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03022954959
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRIVATE EQUITY FOUNDATION I INC
ReturnHeader/Filer/BusinessNameControlTxt0PRIV
ReturnHeader/Filer/EIN0432116245
ReturnHeader/Filer/PhoneNum03022954959
ReturnHeader/Filer/USAddress/AddressLine1Txt0CHAPEL YORK LTD 1000 N WEST No 1200
ReturnHeader/Filer/USAddress/CityNm0WILMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019801
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId036A17455C90B46DB24AD890314C054B62705357A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.172.42.118
ReturnHeader/FilingSecurityInformation/IPDt02017-06-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:14:49
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0571089574
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRISTINE E CASSIDY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 MATHEWS DR STE 114
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HILTON HEAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029926
ReturnHeader/PreparerPersonGrp/PhoneNum08436892800
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE E CASSIDY CPA
ReturnHeader/ReturnTs02017-07-31T12:15:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.00$0.85$0.19$0.02$0.17
2023Summary only. Only limited summary data is available for this year.$0.68$0.00$0.68$0.12$0.00$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$0.07$0.00$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.19$0.00$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$0.09$0.00$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.10$0.00$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.11$0.05$0.48$0.43
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.00$0.54$0.27$0.51$0.23
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.41$0.70$0.29
2015Summary only. Only limited summary data is available for this year.$1.06$0.00$1.06$0.50$0.54$0.04
2014Summary only. Only limited summary data is available for this year.$1.10$0.00$1.10$0.66$1.08$0.42
2013Summary only. Only limited summary data is available for this year.$1.52$0.00$1.52$1.15$4.30$3.15
2012Summary only. Only limited summary data is available for this year.$4.67$0.00$4.67$0.94$1.53$0.59
2011Summary only. Only limited summary data is available for this year.$5.26$0.00$5.26$1.09$0.78$0.31