Civic Intelligence

Somerset Foundation Inc.

990PF • Fiscal year 2019 • EIN 45-3081613

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 12, 2020

1278 Highway 461Somerset, KY 42503

(606) 271-2354

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

2019 filings • <$500k nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.00x

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

2019 filings • <$500k nonprofits • Source year 2019

Net Margin

14th percentile

-35%

Higher net margin than 14% of similar nonprofits.

2019 filings • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • <$500k nonprofits • Source year 2019

Asset Growth

18th percentile

-22%

Faster asset growth than 18% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

6th percentile

-69%

Faster revenue growth than 6% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$378,022

Down $104,281 (-22%) from 2018

Net Assets

Down

$378,022

Down $104,281 (-22%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$296,846

Down $671,838 (-69%) from 2018

Expenses

Down

$401,127

Down $115,111 (-22%) from 2018

Net Income

Down

-$104,281

Down $556,727 (-123%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $2,347Liabilities 2013: $0Net Assets 2013: $2,3472013Assets 2014: $9,676Liabilities 2014: $0Net Assets 2014: $9,6762014Assets 2015: $29,827Liabilities 2015: $0Net Assets 2015: $29,8272015Assets 2016: $13,854Liabilities 2016: $2,909Net Assets 2016: $10,9452016Assets 2017: $30,507Liabilities 2017: $650Net Assets 2017: $29,8572017Assets 2018: $482,303Liabilities 2018: $0Net Assets 2018: $482,3032018Assets 2019: $378,022Liabilities 2019: $0Net Assets 2019: $378,0222019Assets 2020: $320,224Liabilities 2020: $0Net Assets 2020: $320,2242020Assets 2021: $472,776Liabilities 2021: $215,629Net Assets 2021: $257,1472021Assets 2022: $390,265Liabilities 2022: $208,172Net Assets 2022: $182,0932022Assets 2023: $1,064,288Liabilities 2023: $196,056Net Assets 2023: $868,2322023Assets 2024: $1,021,585Liabilities 2024: $183,387Net Assets 2024: $838,1982024

Highlighted filing

2019

Assets$378,022
Liabilities$0
Net Assets$378,022

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $3,372Expenses 2013: $1,025Net Income 2013: $2,3472013Revenue 2014: $160,492Expenses 2014: $153,163Net Income 2014: $7,3292014Revenue 2015: $269,769Expenses 2015: $249,618Net Income 2015: $20,1512015Revenue 2016: $342,206Expenses 2016: $361,088Net Income 2016: -$18,8822016Revenue 2017: $328,890Expenses 2017: $309,978Net Income 2017: $18,9122017Revenue 2018: $968,684Expenses 2018: $516,238Net Income 2018: $452,4462018Revenue 2019: $296,846Expenses 2019: $401,127Net Income 2019: -$104,2812019Revenue 2020: $245,374Expenses 2020: $303,172Net Income 2020: -$57,7982020Revenue 2021: $343,628Expenses 2021: $406,705Net Income 2021: -$63,0772021Revenue 2022: $337,250Expenses 2022: $408,155Net Income 2022: -$70,9052022Revenue 2023: $1,063,355Expenses 2023: $377,216Net Income 2023: $686,1392023Revenue 2024: $547,111Expenses 2024: $577,145Net Income 2024: -$30,0342024

Highlighted filing

2019

Revenue$296,846
Expenses$401,127
Net Income-$104,281
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 12, 2020
Return Version
2019v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELSA BROWNPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Somerset Foundation Inc
EIN
45-3081613
Phone
6062712354
Address
1278 HIGHWAY 461, SOMERSET, KY 42503

Signing Officer

Name
Elsa Brown
Title
President
Phone
6062712354
Signed
2020-08-12

Preparer

Firm
Mark Clark CPA Psc
Address
POBOX 369, SOMERSET, KY 42502-2700
Preparer
Mark Clark CPA
Phone
6066784372
Raw XML Appendix372 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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IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0SENDING MONEY TO HELP OUR FOUNDATION THAT IS WORKING IN ROMANIA TO AID THOSE NEEDING BASIC NECESSITIES IN THAT COUNTRY.
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd3KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd4CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd5KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd6KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd7KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd042503
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd142503
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd242501
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd342503
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd490066
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd542503
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd642503
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd742503
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0225919
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0400023
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt0400023
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0400023
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorNum12
IRS990ScheduleB/ContributorInformationGrp/ContributorNum23
IRS990ScheduleB/ContributorInformationGrp/ContributorNum34
IRS990ScheduleB/ContributorInformationGrp/ContributorNum45
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0ELSA BROWN
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm1BJB ENTERPRISE
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm2OUTREACH FOR JESUS
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm3BONDTECH CORPORATION
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm4MARISSA ANDERSON
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0675 OLD GIBSON ROAD
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt1675 OLD GIBSON RD
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt21278 HIGHWAY 461
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt31278 HIGHWAY 461
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt47381 CASCADE TER SE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0EUBANK
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm1EUBANK
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm2SOMERSET
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm3SOMERSET
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm4GRAND RAPIDS
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0KY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd1KY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd2KY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd3KY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd4MI
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd042567
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd142567
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd242503
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd342503
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd449546
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd1X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd2X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd3X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd4X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0143667
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt130000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt27100
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt310000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt410000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1ADVERTISING/WEB
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3BUSINESS EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4EVENT EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5HEART'S CRY EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6INSURANCE EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7LICENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc8MEMBERSHIP RENEWAL
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc9MISCELLANEOUS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc10MISSION EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc11POSTAGE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc12SOMERSET FDTN - ROMANIA MISSI
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc13SUPPLIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc14UTILITIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt02592
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt12300
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt28424
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt32690
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt49917
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt55844
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt615
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt7380
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt81605
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt91326
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1070
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1153590
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt122117
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt134727
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt02592
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt12300
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt28424
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt32690
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt49917
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt55844
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt615
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt7380
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt81605
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt91325
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1070
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1153590
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt122117
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt134727
TaxesSchedule/TaxesDetail/Amt01867
TaxesSchedule/TaxesDetail/CategoryTxt0TAXES
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt01867
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ELSA BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06062712354
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOMERSET FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SOME
ReturnHeader/Filer/EIN0453081613
ReturnHeader/Filer/PhoneNum06062712354
ReturnHeader/Filer/USAddress/AddressLine1Txt01278 HIGHWAY 461
ReturnHeader/Filer/USAddress/CityNm0SOMERSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042503
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId000F3C40CE7BD17C434395965958DE2B4BA16152C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId000F3C40CE7BD17C434395965958DE2B4BA16152C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt08.15.201.167
ReturnHeader/FilingSecurityInformation/IPDt02020-09-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm007:57:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611230372
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARK CLARK CPA PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0POBOX 369
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOMERSET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0425022700
ReturnHeader/PreparerPersonGrp/PhoneNum06066784372
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK CLARK CPA
ReturnHeader/ReturnTs02020-09-01T07:57:26-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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