Civic Intelligence

Vincera Foundation

990 • Fiscal year 2017 • EIN 46-1405896

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 09, 2018

1200 Constitution AvenuePhiladelphia, PA 19112-1202

(267) 592-3195

Siviq Scores

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

Liabilities / Assets

89th percentile

0.49x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

0.71x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

96th percentile

75%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

100th percentile

49045%

Faster asset growth than 100% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

85%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$205,428

Up $205,010 (+49045%) from 2016

Net Assets

Up

$105,428

Up $105,010 (+25122%) from 2016

Liabilities

Up

$100,000

Up $100,000 from 2016

Revenue

Up

$140,006

Up $64,156 (+85%) from 2016

Expenses

Down

$34,996

Down $41,537 (-54%) from 2016

Net Income

Up

$105,010

Up $105,693 (+15475%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $4,950Liabilities 2012: $02012Assets 2013: $3,477Net Assets 2013: $3,4772013Assets 2014: $8,885Liabilities 2014: $0Net Assets 2014: $8,8852014Assets 2015: $1,101Liabilities 2015: $0Net Assets 2015: $1,1012015Assets 2016: $418Liabilities 2016: $0Net Assets 2016: $4182016Assets 2017: $205,428Liabilities 2017: $100,000Net Assets 2017: $105,4282017Assets 2018: $261,850Liabilities 2018: $0Net Assets 2018: $261,8502018Assets 2019: $293,122Liabilities 2019: $0Net Assets 2019: $293,1222019Assets 2020: $222,199Liabilities 2020: $12,500Net Assets 2020: $209,6992020Assets 2021: $91,710Liabilities 2021: $309Net Assets 2021: $91,4012021Assets 2022: $59,291Liabilities 2022: $0Net Assets 2022: $59,2912022Assets 2023: $92,147Liabilities 2023: $0Net Assets 2023: $92,1472023Assets 2024: $100,642Liabilities 2024: $0Net Assets 2024: $100,6422024Assets 2025: $117,394Liabilities 2025: $0Net Assets 2025: $117,3942025

Highlighted filing

2017

Assets$205,428
Liabilities$100,000
Net Assets$105,428

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2012: $24,728Expenses 2012: $19,778Net Income 2012: $4,9502012Revenue 2013: $70,000Expenses 2013: $71,473Net Income 2013: -$1,4732013Revenue 2014: $95,986Expenses 2014: $90,578Net Income 2014: $5,4082014Revenue 2015: $105,900Expenses 2015: $113,684Net Income 2015: -$7,7842015Revenue 2016: $75,850Expenses 2016: $76,533Net Income 2016: -$6832016Revenue 2017: $140,006Expenses 2017: $34,996Net Income 2017: $105,0102017Revenue 2018: $227,218Expenses 2018: $70,796Net Income 2018: $156,4222018Revenue 2019: $133,816Expenses 2019: $102,544Net Income 2019: $31,2722019Revenue 2020: $46,526Expenses 2020: $129,949Net Income 2020: -$83,4232020Revenue 2021: $56,705Expenses 2021: $200,003Net Income 2021: -$143,2982021Revenue 2022: $54,841Expenses 2022: $86,996Net Income 2022: -$32,1552022Revenue 2023: $136,240Expenses 2023: $103,384Net Income 2023: $32,8562023Revenue 2024: $116,830Expenses 2024: $129,630Net Income 2024: -$12,8002024Revenue 2025: $180,287Expenses 2025: $163,535Net Income 2025: $16,7522025

Highlighted filing

2017

Revenue$140,006
Expenses$34,996
Net Income$105,010
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$203,400
Mission and Program Overview

Mission

The vincera foundation is dedicated to improving athletic performance, health and fitness through core research and education and by supporting programs that focus on athletics, health and fitness for philadelphia's under-served youth.

See schedule o on page 1 line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$418$205,428▲ $205,010
Rtn Earn Endowment Incm Other Fnds$0$105,010▲ $105,010
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$418$205,428▲ $205,010
Liabilities
Deferred Revenue$0$100,000▲ $100,000
Total Liabilities$0$100,000▲ $100,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$418$105,428▲ $105,010
Total Liabilities and Net Assets / Fund Balance$418$205,428▲ $205,010
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr William C MeyersChairman & President
ANN MARIE O'SHEAVP & Trustee
John KepnerSecretary
Christopher a WilmotTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$20,050
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$119,956
All Other Contributions
$20,050
Change in Net Assets
$105,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,011
Total Fundraising Expense$17,462
Salaries, Compensation, and Employee Benefits$3,985
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$4,772-$4,772
All Other Expenses$3,080$923-$4,003
Comp Disqual Persons$3,985--$3,985
Other Expenses$3,018$1,726$8,250$1,726
Travel$30--$30
Total Functional Expenses$10,113$7,421$17,462$34,996
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$183,350
Fundraising Direct Expenses$63,394
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Vincera Classic Golf Outing$183,350$183,350$63,394$119,956
Total Events$183,350$183,350$63,394$119,956
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
No
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
No
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

A complete copy of the form 990 is provided to the governing board members prior to being filed.

Form 990, Part VI, Section C, Line 19

A complete copy of the form 990 is provided to governing board members prior to being filed. Board members confirm no conflict of interest annually. Compensation for all members, is reviewed and approved by the board of directors as part of the review process. Each of the governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Vincera Foundation
EIN
46-1405896
Phone
2675923195
Address
1200 CONSTITUTION AVENUE, PHILADELPHIA, PA 19112-1202

Signing Officer

Name
Elizabeth S Longstreth
Title
Vice President/trustee
Phone
2675923195
Signed
2018-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
ANN MARIE O'SHEA
Formed
2012
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
4
Employees
1
Volunteers
0

Preparer

Firm
Marcum Llp
Address
1600 MARKET STREET 32ND FLOOR, PHILADELPHIA, PA 19103
Preparer
Joseph P Waddington
Phone
2152972100
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

The vincera foundation shall focus its efforts primarily on improving the health, wellness and fitness of the community by: pioneering research with medical fellowships; educating the community in best practices in sports medicine, injury prevention, nutrition, and wellness; and supporting programs that promote: (a) healthy, active lives by engaging children and teens in sports, and/or (b) the personal, professional, and physical development of children and teens.

Form 990, Part IX, Line 24E

Business registration fee: program service expenses 1,506. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,506. Miscellaneous expenses: program service expenses 1,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,000. Insurance: program service expenses 0. Management and general expenses 823. Fundraising expenses 0. Total expenses 823. Bank service charge: program service expenses 465. Management and general expenses 0. Fundraising expenses 0. Total expenses 465. Contract services: program service expenses 109. Management and general expenses 0. Fundraising expenses 0. Total expenses 109. Taxes: program service expenses 0. Management and general expenses 100. Fundraising expenses 0. Total expenses 100.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE VINCERA FOUNDATION SHALL FOCUS ITS EFFORTS PRIMARILY ON IMPROVING THE HEALTH, WELLNESS AND FITNESS OF THE COMMUNITY BY: PIONEERING RESEARCH WITH MEDICAL FELLOWSHIPS; EDUCATING THE COMMUNITY IN BEST PRACTICES IN SPORTS MEDICINE, INJURY PREVENTION, NUTRITION, AND WELLNESS; AND SUPPORTING PROGRAMS THAT PROMOTE: (A) HEALTHY, ACTIVE LIVES BY ENGAGING CHILDREN AND TEENS IN SPORTS, AND/OR (B) THE PERSONAL, PROFESSIONAL, AND PHYSICAL DEVELOPMENT OF CHILDREN AND TEENS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BOARD MEMBERS PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO GOVERNING BOARD MEMBERS PRIOR TO BEING FILED. BOARD MEMBERS CONFIRM NO CONFLICT OF INTEREST ANNUALLY. COMPENSATION FOR ALL MEMBERS, IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE REVIEW PROCESS. EACH OF THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BUSINESS REGISTRATION FEE: PROGRAM SERVICE EXPENSES 1,506. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,506. MISCELLANEOUS EXPENSES: PROGRAM SERVICE EXPENSES 1,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,000. INSURANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 823. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 823. BANK SERVICE CHARGE: PROGRAM SERVICE EXPENSES 465. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 465. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 109. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 109. TAXES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 100. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
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IRS990/TotalContributionsAmt020050
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt017462
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07421
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010113
IRS990/TotalFunctionalExpensesGrp/TotalAmt034996
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0100000
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0100000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0418
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0105428
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt010113
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0119956
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0140006
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0418
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0205428
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt030
IRS990/TravelGrp/TotalAmt030
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.VINCERAFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH S LONGSTRETH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT/TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02675923195
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VINCERA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VINC
ReturnHeader/Filer/EIN0461405896
ReturnHeader/Filer/PhoneNum02675923195
ReturnHeader/Filer/USAddress/AddressLine1Txt01200 CONSTITUTION AVENUE
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd0191121202
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0895696A1D71F40574360E5DAF08CD8DFADFBE4EC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.19.127.190
ReturnHeader/FilingSecurityInformation/IPDt02018-11-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:17:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0111986323
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARCUM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01600 MARKET STREET 32ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019103
ReturnHeader/PreparerPersonGrp/PhoneNum02152972100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH P WADDINGTON
ReturnHeader/ReturnTs02018-11-15T12:43:37-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$1.80$1.64$0.17
2024Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$1.17$1.30$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$1.36$1.03$0.33
2022Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.55$0.87$0.32
2021Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.91$0.57$2.00$1.43
2020Detailed filing. Detailed filing data is available for this year.$2.22$0.13$2.10$0.47$1.30$0.83
2019Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$1.34$1.03$0.31
2018Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$2.27$0.71$1.56
2017Detailed filing. Detailed filing data is available for this year.$2.05$1.00$1.05$1.40$0.35$1.05
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.76$0.77$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.06$1.14$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.96$0.91$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.70$0.71$0.01
2012Summary only. Only limited summary data is available for this year.$0.05$0.00$0.25$0.20$0.05