Civic Intelligence

Marine Raider Foundation

990 • Fiscal year 2017 • EIN 45-2913544

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 06, 2018

PO Box 2018Temecula, CA 92593

(951) 551-9309

Siviq Scores

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

Liabilities / Assets

60th percentile

0.17x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.17x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

55th percentile

5.0%

Higher net margin than 55% 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

87th percentile

34%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

95th percentile

154%

Faster revenue growth than 95% of similar nonprofits.

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

Assets

Up

$1,608,388

Up $412,472 (+34%) from 2016

Net Assets

Up

$1,330,321

Up $136,962 (+11%) from 2016

Liabilities

Up

$278,067

Up $275,510 (+10775%) from 2016

Revenue

Up

$1,628,583

Up $987,440 (+154%) from 2016

Expenses

Up

$1,547,928

Up $897,936 (+138%) from 2016

Net Income

Up

$80,655

Up $89,504 (+1011%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $199,232Liabilities 2012: $1,772Net Assets 2012: $197,4602012Assets 2013: $807,042Liabilities 2013: $0Net Assets 2013: $807,0422013Assets 2014: $985,562Liabilities 2014: $2,307Net Assets 2014: $983,2552014Assets 2015: $1,203,151Liabilities 2015: $944Net Assets 2015: $1,202,2072015Assets 2016: $1,195,916Liabilities 2016: $2,557Net Assets 2016: $1,193,3592016Assets 2017: $1,608,388Liabilities 2017: $278,067Net Assets 2017: $1,330,3212017Assets 2018: $1,728,482Liabilities 2018: $54,061Net Assets 2018: $1,674,4212018Assets 2019: $1,304,437Liabilities 2019: $37,819Net Assets 2019: $1,266,6182019Assets 2020: $1,343,720Liabilities 2020: $22,555Net Assets 2020: $1,321,1652020Assets 2021: $1,981,602Liabilities 2021: $21,504Net Assets 2021: $1,960,0982021Assets 2022: $1,983,742Liabilities 2022: $21,825Net Assets 2022: $1,961,9172022Assets 2023: $1,875,468Liabilities 2023: $59,656Net Assets 2023: $1,815,8122023Assets 2024: $1,608,290Liabilities 2024: $38,420Net Assets 2024: $1,569,8702024

Highlighted filing

2017

Assets$1,608,388
Liabilities$278,067
Net Assets$1,330,321

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2012: $80,6602012Revenue 2013: $862,501Expenses 2013: $252,917Net Income 2013: $609,5842013Revenue 2014: $584,143Expenses 2014: $407,927Net Income 2014: $176,2162014Revenue 2015: $703,041Expenses 2015: $483,610Net Income 2015: $219,4312015Revenue 2016: $641,143Expenses 2016: $649,992Net Income 2016: -$8,8492016Revenue 2017: $1,628,583Expenses 2017: $1,547,928Net Income 2017: $80,6552017Revenue 2018: $1,380,401Expenses 2018: $991,627Net Income 2018: $388,7742018Revenue 2019: $1,023,397Expenses 2019: $1,569,502Net Income 2019: -$546,1052019Revenue 2020: $837,777Expenses 2020: $893,115Net Income 2020: -$55,3382020Revenue 2021: $1,576,986Expenses 2021: $897,193Net Income 2021: $679,7932021Revenue 2022: $1,276,081Expenses 2022: $1,274,262Net Income 2022: $1,8192022Revenue 2023: $1,167,280Expenses 2023: $1,313,385Net Income 2023: -$146,1052023Revenue 2024: $1,026,544Expenses 2024: $1,272,486Net Income 2024: -$245,9422024

Highlighted filing

2017

Revenue$1,628,583
Expenses$1,547,928
Net Income$80,655
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 6, 2018
Return Version
2017v2.2
Gross Receipts
$1,642,506
Mission and Program Overview

Mission

Assist "marsoc" personnel who are injured or wounded in combat, contingency operations or training with special needs. Assist the families of "marsoc" personnel with health & welfare challenges. Support memorials & services that commemorate fallen "marsoc" personnel. Support reintegration & transition assistance of "marsoc" personnel.

The marsoc foundation was established to provide benevolent support to active duty and medically retired "marsoc" personnel and their families, as well as to families of marines and sailors who have lost their lives in service to our nation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$15,316$869,146▲ $853,830
Savings and Temporary Cash Investments$1,180,600$582,611▼ $597,989
Pledges and Grants Receivable-$135,000-
Prepaid Expenses and Deferred Charges-$21,631-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,195,916$1,608,388▲ $412,472
Other Assets Total-$0-
Liabilities
Deferred Revenue-$250,000-
Accounts Payable and Accrued Expenses$2,557$28,067▲ $25,510
Total Liabilities$2,557$278,067▲ $275,510
Net Assets / Fund Balance
Unrestricted Net Assets$1,193,359$935,982▼ $257,377
Temporarily Rstr Net Assets-$394,339-
Total Net Assets Fund Balance$1,193,359$1,330,321▲ $136,962
Total Liabilities and Net Assets / Fund Balance$1,195,916$1,608,388▲ $412,472
Compensation and Service Providers

Board Members and Trustees

NameTitle
Derek HerreraPresident
Ambrose FisherDirector
Chuck Meacham JrDirector
Diana SparagnaDirector
Mark ClarkDirector
Michael DastugueDirector
Jesse PlettsSecretary
Peter VermetteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,516,169
Program Service Revenue
$0
Investment Income
$27,393
Other Revenue
$85,021
All Other Contributions
$1,516,169
Change in Net Assets
$80,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,386,546
Total Fundraising Expense$217,946
Salaries, Compensation, and Employee Benefits$161,382
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$52,807$2,000$91,923$146,730
Fees for Services Other$4,000$19,118$29,500$52,618
All Other Expenses$2,297$12,599$21,305$36,201
Travel$5,632$577$8,297$14,506
Other Expenses$3,954$193$12,937$12,937
Payroll Taxes$4,469$176$7,154$11,799
Office Expenses$55$5,799$518$6,372
Insurance-$4,967-$4,967
Other Employee Benefits-$2,853-$2,853
Advertising-$160$949$1,109
Total Functional Expenses$1,281,540$48,442$217,946$1,547,928
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$98,944
Fundraising Direct Expenses$13,923
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Miles 4 Marsoc$98,944$98,944$13,923$85,021
Total Events$98,944$98,944$13,923$85,021
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
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is provided to the board of directors to review and approve before it is filed with the irs.

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

Board of directors reviews all potential conflicts of interest and decides what action to take when a conflict does arise.

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

All governing documents, policies and financial statements are available for review upon request.

Filing and Contact Details

Filer

Filer Name
Marsoc Foundation
EIN
45-2913544
Phone
9515519309
Address
PO BOX 2018, TEMECULA, CA 92593

Signing Officer

Name
Derek Herrera
Title
President
Signed
2018-08-06
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
0
Employees
4
Volunteers
25

Preparer

Firm
Nottingham & Associates
Address
43460 RIDGE PARK DR STE 240, TEMECULA, CA 92590-3600
Preparer
Jody D Nottingham CPA
Phone
9512961698
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Rounding adjustment = -$3

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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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IRS990/OtherExpensesGrp/FundraisingAmt034476
IRS990/OtherExpensesGrp/FundraisingAmt110887
IRS990/OtherExpensesGrp/FundraisingAmt212937
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0193
IRS990/OtherExpensesGrp/ProgramServicesAmt01208326
IRS990/OtherExpensesGrp/ProgramServicesAmt13954
IRS990/OtherExpensesGrp/TotalAmt01208326
IRS990/OtherExpensesGrp/TotalAmt134476
IRS990/OtherExpensesGrp/TotalAmt215034
IRS990/OtherExpensesGrp/TotalAmt312937
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt091923
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt052807
IRS990/OtherSalariesAndWagesGrp/TotalAmt0146730
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt07154
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0176
IRS990/PayrollTaxesGrp/ProgramServicesAmt04469
IRS990/PayrollTaxesGrp/TotalAmt011799
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0135000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021631
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0597699
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012254
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0558807
IRS990/PYOtherRevenueAmt031190
IRS990/PYRevenuesLessExpensesAmt0-8849
IRS990/PYSalariesCompEmpBnftPaidAmt091185
IRS990/PYTotalExpensesAmt0649992
IRS990/PYTotalRevenueAmt0641143
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt080655
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01180600
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0582611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01516169
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0526175
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0484832
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0331852
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0224266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03083294
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt027393
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01575
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0350
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0194
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt029512
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99050
IRS990ScheduleA/PublicSupportPY170Pct00.98160
IRS990ScheduleA/PublicSupportTotal170Amt03083294
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01516169
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0526175
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0484832
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0331852
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0224266
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03083294
IRS990ScheduleA/TotalSupportAmt03112806
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013923
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MILES 4 MARSOC
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt098944
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt098944
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt098944
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt098944
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt085021
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013923
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013923
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS TO REVIEW AND APPROVE BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REVIEWS ALL POTENTIAL CONFLICTS OF INTEREST AND DECIDES WHAT ACTION TO TAKE WHEN A CONFLICT DOES ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING ADJUSTMENT = -$3
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 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0394339
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01195916
IRS990/TotalAssetsEOYAmt01608388
IRS990/TotalAssetsGrp/BOYAmt01195916
IRS990/TotalAssetsGrp/EOYAmt01608388
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01516169
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0217946
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048442
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01281540
IRS990/TotalFunctionalExpensesGrp/TotalAmt01547928
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02557
IRS990/TotalLiabilitiesEOYAmt0278067
IRS990/TotalLiabilitiesGrp/BOYAmt02557
IRS990/TotalLiabilitiesGrp/EOYAmt0278067
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01193359
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01330321
IRS990/TotalProgramServiceExpensesAmt01281540
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027393
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01628583
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01195916
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01608388
IRS990/TravelGrp/FundraisingAmt08297
IRS990/TravelGrp/ManagementAndGeneralAmt0577
IRS990/TravelGrp/ProgramServicesAmt05632
IRS990/TravelGrp/TotalAmt014506
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01193359
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0935982
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0marineraiderfoundation.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z

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