Civic Intelligence

Tom Ellis Athletic Memorial Foundation

990 • Fiscal year 2015 • EIN 45-4637266

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 10, 2016

2500 Madison AveCovington, KY 41014

(513) 673-1099

Siviq Scores

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

Liabilities / Assets

94th percentile

0.97x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

11.85x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

96th percentile

282%

Faster asset growth than 96% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-62%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$398,221

Up $293,907 (+282%) from 2014

Net Assets

Down

$10,844

Down $93,470 (-90%) from 2014

Liabilities

Up

$387,377

Up $387,377 from 2014

Revenue

Down

$32,682

Down $54,181 (-62%) from 2014

Expenses

Up

$29,289

Up $29,289 from 2014

Net Income

Down

$3,393

Down $83,470 (-96%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $104,314Liabilities 2014: $0Net Assets 2014: $104,3142014Assets 2015: $398,221Liabilities 2015: $387,377Net Assets 2015: $10,8442015Assets 2016: $160,257Liabilities 2016: $145,207Net Assets 2016: $15,0502016Assets 2017: $168,247Liabilities 2017: $151,180Net Assets 2017: $17,0672017Assets 2018: $63,039Liabilities 2018: $44,206Net Assets 2018: $18,8332018Assets 2021: $347,704Liabilities 2021: $0Net Assets 2021: $347,7042021Assets 2022: $348,995Liabilities 2022: $0Net Assets 2022: $348,9952022

Highlighted filing

2015

Assets$398,221
Liabilities$387,377
Net Assets$10,844

Operations Trend

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

$300K$200K$100K$0Revenue 2014: $86,863Expenses 2014: $0Net Income 2014: $86,8632014Revenue 2015: $32,682Expenses 2015: $29,289Net Income 2015: $3,3932015Revenue 2016: $116,447Expenses 2016: $89,092Net Income 2016: $27,3552016Revenue 2017: $95,377Expenses 2017: $93,360Net Income 2017: $2,0172017Revenue 2018: $36,376Expenses 2018: $20,495Net Income 2018: $15,8812018Revenue 2021: $293,056Expenses 2021: $2,678Net Income 2021: $290,3782021Revenue 2022: $1,771Expenses 2022: $480Net Income 2022: $1,2912022

Highlighted filing

2015

Revenue$32,682
Expenses$29,289
Net Income$3,393
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 10, 2016
Return Version
2015v2.1
Gross Receipts
$32,682
Mission and Program Overview

Mission

Provide financial support for schools

The corporation shall engage in fundraising efforts that will support the holmes high school athletic department by providing funds to assist with the maintenance and, when necessary, creation of athletic facilities used by holmes high school, thereby reducing the financial burden on the athletic department and the school while fostering school pride and promoting camaraderie and sportmanship, and to acquire scholarship money to benefit holmes high school athletes when necessary for improving their accademic skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$275,000-
Cash and Non-Interest-Bearing Accounts$104,014$122,921▲ $18,907
Rtn Earn Endowment Incm Other Fnds$7,451$10,844▲ $3,393
Prepaid Expenses and Deferred Charges$300$300→ $0
Total Assets$104,314$398,221▲ $293,907
Liabilities
Other Liabilities$96,863$387,377▲ $290,514
Total Liabilities$96,863$387,377▲ $290,514
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,451$10,844▲ $3,393
Total Liabilities and Net Assets / Fund Balance$104,314$398,221▲ $293,907
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gary HuhnPresident
John FossettSecretary
C Douglas BramlageTreasurer
David MummVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$21,451
Program Service Revenue
$11,218
Investment Income
$13
Other Revenue
$0
All Other Contributions
$21,451
Change in Net Assets
$3,393
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$29,289
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
Other Expenses$29,192--$29,192
Fees for Services Other$97--$97
Total Functional Expenses$29,289$0$0$29,289
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Restricted Funds$387,377
Surplus Funds-retained Earnings-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

NONE

Form 990, Page 6, Part VI, Line 7A

The by laws of the organization indicates the proceedure for electing new members to he board. Currently we have 9 voting members and a total of 20 board members who are either an employee of or affiliated with the covington board of education and therefore cannot have a vote with the exception the president of the organization.

Form 990, Page 6, Part VI, Line 7B

The treasurer has been given the authority by the voting board to write upto 1,500.00 with an invoice without the approval of the board. Anything above that number the invoice must be approved by the majority of the voting members of the board.

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

The board will get a copy of the return with our monthly meeting. Our meeting will fall after the required filing deadline.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is incorporated in the by-laws of the organization.

Form 990, Page 6, Part VI, Line 15A

The officers are all volunteers. No compensation is paid.

Form 990, Page 6, Part VI, Line 19

If a member of the public wishes to see the tax return a copy can be issued and sent the the person requesting a copy.

Filing and Contact Details

Filer

Filer Name
Tom Ellis Athlectic Memorial Found
EIN
45-4637266
Phone
5136731099
Address
2500 MADISON AVE, COVINGTON, KY 41014

Signing Officer

Name
C Douglas Bramlage
Title
Treasurer
Phone
5137217744
Signed
2016-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Huhn
Formed
2012
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
19

Preparer

Firm
Blersch Wiesner & Company LLC
Address
3406 WERK RD, CINCINNATI, OH 45211-6813
Preparer
C Douglas Bramlage CPA
Phone
5136618228
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The corporation shall engage in fundraising efforts that will support the holmes high school athletic department by providing funds to assist with the maintenance and, when necessary, creation of athletic facilities used by holmes high school, thereby reducing the financial burden on the athletic department and the school while fostering school pride and promoting camaraderie and sportmanship, and to acquire scholarship money to benefit holmes high school athletes when necessary for improving their accademic skills.

Form 990, Part III

The purpose of the fund raising events is the same as our mission statement which indicates that we shall engage in fundraising efforts that will support the holmes high school athletic department by providing funds to assist with the maintenance and, when necessary, creation of athletic facilities used by holmes high school, thereby reducing the financial burden on the athletic department and the school while fostering school pride and promoting camaraderie and sportmanship, and to acquire scholarship funds to benefit holmes high school athletes when necessary for improving their accademic skills. Part iii 4d is the same as our mission statement as listed above in our mission statement.

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

The corposation shall engage in fundraising efforts that will support the holmes high school athletic department by providing funds to assist with the maintenance and, when necessary, creation of athletic facilities used by holmes high school, thereby reducing the financial burden on the athletic department and the school while fostering school pride and promoting camaraderie and sportmanship, and to acquire scholarship funds to benefit holmes high school athletes when necessary for improving their accademic skills.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION SHALL ENGAGE IN FUNDRAISING EFFORTS THAT WILL SUPPORT THE HOLMES HIGH SCHOOL ATHLETIC DEPARTMENT BY PROVIDING FUNDS TO ASSIST WITH THE MAINTENANCE AND, WHEN NECESSARY, CREATION OF ATHLETIC FACILITIES USED BY HOLMES HIGH SCHOOL, THEREBY REDUCING THE FINANCIAL BURDEN ON THE ATHLETIC DEPARTMENT AND THE SCHOOL WHILE FOSTERING SCHOOL PRIDE AND PROMOTING CAMARADERIE AND SPORTMANSHIP, AND TO ACQUIRE SCHOLARSHIP MONEY TO BENEFIT HOLMES HIGH SCHOOL ATHLETES WHEN NECESSARY FOR IMPROVING THEIR ACCADEMIC SKILLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PURPOSE OF THE FUND RAISING EVENTS IS THE SAME AS OUR MISSION STATEMENT WHICH INDICATES THAT WE SHALL ENGAGE IN FUNDRAISING EFFORTS THAT WILL SUPPORT THE HOLMES HIGH SCHOOL ATHLETIC DEPARTMENT BY PROVIDING FUNDS TO ASSIST WITH THE MAINTENANCE AND, WHEN NECESSARY, CREATION OF ATHLETIC FACILITIES USED BY HOLMES HIGH SCHOOL, THEREBY REDUCING THE FINANCIAL BURDEN ON THE ATHLETIC DEPARTMENT AND THE SCHOOL WHILE FOSTERING SCHOOL PRIDE AND PROMOTING CAMARADERIE AND SPORTMANSHIP, AND TO ACQUIRE SCHOLARSHIP FUNDS TO BENEFIT HOLMES HIGH SCHOOL ATHLETES WHEN NECESSARY FOR IMPROVING THEIR ACCADEMIC SKILLS. PART III 4D IS THE SAME AS OUR MISSION STATEMENT AS LISTED ABOVE IN OUR MISSION STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPOSATION SHALL ENGAGE IN FUNDRAISING EFFORTS THAT WILL SUPPORT THE HOLMES HIGH SCHOOL ATHLETIC DEPARTMENT BY PROVIDING FUNDS TO ASSIST WITH THE MAINTENANCE AND, WHEN NECESSARY, CREATION OF ATHLETIC FACILITIES USED BY HOLMES HIGH SCHOOL, THEREBY REDUCING THE FINANCIAL BURDEN ON THE ATHLETIC DEPARTMENT AND THE SCHOOL WHILE FOSTERING SCHOOL PRIDE AND PROMOTING CAMARADERIE AND SPORTMANSHIP, AND TO ACQUIRE SCHOLARSHIP FUNDS TO BENEFIT HOLMES HIGH SCHOOL ATHLETES WHEN NECESSARY FOR IMPROVING THEIR ACCADEMIC SKILLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BY LAWS OF THE ORGANIZATION INDICATES THE PROCEEDURE FOR ELECTING NEW MEMBERS TO HE BOARD. CURRENTLY WE HAVE 9 VOTING MEMBERS AND A TOTAL OF 20 BOARD MEMBERS WHO ARE EITHER AN EMPLOYEE OF OR AFFILIATED WITH THE COVINGTON BOARD OF EDUCATION AND THEREFORE CANNOT HAVE A VOTE WITH THE EXCEPTION THE PRESIDENT OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE TREASURER HAS BEEN GIVEN THE AUTHORITY BY THE VOTING BOARD TO WRITE UPTO 1,500.00 WITH AN INVOICE WITHOUT THE APPROVAL OF THE BOARD. ANYTHING ABOVE THAT NUMBER THE INVOICE MUST BE APPROVED BY THE MAJORITY OF THE VOTING MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD WILL GET A COPY OF THE RETURN WITH OUR MONTHLY MEETING. OUR MEETING WILL FALL AFTER THE REQUIRED FILING DEADLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE CONFLICT OF INTEREST POLICY IS INCORPORATED IN THE BY-LAWS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE OFFICERS ARE ALL VOLUNTEERS. NO COMPENSATION IS PAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9IF A MEMBER OF THE PUBLIC WISHES TO SEE THE TAX RETURN A COPY CAN BE ISSUED AND SENT THE THE PERSON REQUESTING A COPY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0104314
IRS990/TotalAssetsEOYAmt0398221
IRS990/TotalAssetsGrp/BOYAmt0104314
IRS990/TotalAssetsGrp/EOYAmt0398221
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt021451
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt029289
IRS990/TotalFunctionalExpensesGrp/TotalAmt029289
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt096863
IRS990/TotalLiabilitiesEOYAmt0387377
IRS990/TotalLiabilitiesGrp/BOYAmt096863
IRS990/TotalLiabilitiesGrp/EOYAmt0387377
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07451
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010844
IRS990/TotalOtherProgSrvcExpenseAmt029289
IRS990/TotalOtherProgSrvcRevenueAmt032682
IRS990/TotalProgramServiceExpensesAmt029289
IRS990/TotalProgramServiceRevenueAmt011218
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011231
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt032682
IRS990/TotalVolunteersCnt019
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0104314
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0398221
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02500 MADISON AVE
IRS990/USAddress/CityNm0COVINGTON
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041014
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0TEAMCOV.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0C DOUGLAS BRAMLAGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05137217744
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOM ELLIS ATHLECTIC MEMORIAL FOUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0% C DOUGLAS BRAMLAGE
ReturnHeader/Filer/BusinessNameControlTxt0TOME
ReturnHeader/Filer/EIN0454637266
ReturnHeader/Filer/PhoneNum05136731099
ReturnHeader/Filer/USAddress/AddressLine1Txt02500 MADISON AVE
ReturnHeader/Filer/USAddress/CityNm0COVINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd041014
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454115574
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLERSCH WIESNER & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03406 WERK RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CINCINNATI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0452116813
ReturnHeader/PreparerPersonGrp/PhoneNum05136618228
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C DOUGLAS BRAMLAGE CPA
ReturnHeader/ReturnTs02016-09-12T08:51:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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