Civic Intelligence

Bittersweet Foundation

990EZ • Fiscal year 2021 • EIN 46-1502118

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

3001 N Street SEWashington, DC 20019-2142

(303) 904-2821

Siviq Scores

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

Liabilities / Assets

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

81st percentile

0.12x

Higher debt load relative to revenue than 81% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

58th percentile

14%

Higher net margin than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

64th percentile

18%

Faster asset growth than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

22nd percentile

-38%

Faster revenue growth than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$80,138

Up $11,951 (+18%) from 2020

Net Assets

Up

$73,126

Up $8,043 (+12%) from 2020

Liabilities

Up

$7,012

Up $3,908 (+126%) from 2020

Revenue

Down

$56,192

Down $34,701 (-38%) from 2020

Expenses

Down

$48,149

Down $30,990 (-39%) from 2020

Net Income

Down

$8,043

Down $3,711 (-32%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $11,792Liabilities 2018: $11,792Net Assets 2018: $02018Assets 2019: $54,843Liabilities 2019: $1,514Net Assets 2019: $53,3292019Assets 2020: $68,187Liabilities 2020: $3,104Net Assets 2020: $65,0832020Assets 2021: $80,138Liabilities 2021: $7,012Net Assets 2021: $73,1262021Assets 2022: $143,843Liabilities 2022: $5,488Net Assets 2022: $138,3552022Assets 2023: $35,920Liabilities 2023: $4,051Net Assets 2023: $31,8692023Assets 2024: $83,263Liabilities 2024: $1,246Net Assets 2024: $82,0172024

Highlighted filing

2021

Assets$80,138
Liabilities$7,012
Net Assets$73,126

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2018: $137,657Expenses 2018: $141,400Net Income 2018: -$3,7432018Revenue 2019: $136,351Expenses 2019: $92,721Net Income 2019: $43,6302019Revenue 2020: $90,893Expenses 2020: $79,139Net Income 2020: $11,7542020Revenue 2021: $56,192Expenses 2021: $48,149Net Income 2021: $8,0432021Revenue 2022: $176,164Expenses 2022: $110,935Net Income 2022: $65,2292022Revenue 2023: $50,252Expenses 2023: $156,738Net Income 2023: -$106,4862023Revenue 2024: $203,553Expenses 2024: $153,405Net Income 2024: $50,1482024

Highlighted filing

2021

Revenue$56,192
Expenses$48,149
Net Income$8,043
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$56,192
Mission and Program Overview

Mission

Bittersweet foundation is a not-for-profit which features organizations doing inspiring and much needed work in response to the critical social issues of our day by publishing monthly stories centered around four globally-relevant themes: human rights, economic empowerment, public health, and community development. Topics range from refugee care to financial literacy, food deserts to elder care, anti-trafficking to housing for the homeless and more.

Program Services

DescriptionGrantsExpenses
NEWSLETTERS AND PODCASTS$0$48,150
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHERINE SCHMIDGALLPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Bittersweet Foundation
EIN
46-1502118
Phone
3039042821
Address
3001 N STREET SE, WASHINGTON, DC 20019-2142

Signing Officer

Name
Katherine Schmidgall
Title
President
Phone
3039042821
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Saunders Strode & Trawick Pa
Address
130 CHARLOIS BLVD SUITE 100, WINSTONSALEM, NC 27103
Preparer
Michael a Trawick
Phone
3367652700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 44. Description: royalties. Amount: 210. Total included on form 990-ez, line 4: 254.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: sales of product revenue. Amount: 54.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 374. Description: fees. Amount: 180. Description: operations expense. Amount: 20,135. Total to form 990-ez, line 16: 20,689.

Form 990-ez, Part II, Line 24 - Other Assets

Description: payroll tax refund due. Beg. Of year amount: 51. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued liabilities. Beg. Of year amount: 3,104. End of year amount: 7,012.

Raw XML Appendix146 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BITTERSWEET FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum03039042821
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03001 N STREET SE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020019
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt068136
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt080138
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt055884
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt08043
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt020194
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt068187
IRS990EZ/Form990TotalAssetsGrp/EOYAmt080138
IRS990EZ/GrossReceiptsAmt056192
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt0254
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt065083
IRS990EZ/NetAssetsOrFundBalancesEOYAmt073126
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt065083
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt073126
IRS990EZ/OccupancyRentUtltsAndMaintAmt0739
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHERINE SCHMIDGALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt051
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt020689
IRS990EZ/OtherRevenueTotalAmt054
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0BITTERSWEET FOUNDATION IS A NOT-FOR-PROFIT WHICH FEATURES ORGANIZATIONS DOING INSPIRING AND MUCH NEEDED WORK IN RESPONSE TO THE CRITICAL SOCIAL ISSUES OF OUR DAY BY PUBLISHING MONTHLY STORIES CENTERED AROUND FOUR GLOBALLY-RELEVANT THEMES: HUMAN RIGHTS, ECONOMIC EMPOWERMENT, PUBLIC HEALTH, AND COMMUNITY DEVELOPMENT. TOPICS RANGE FROM REFUGEE CARE TO FINANCIAL LITERACY, FOOD DESERTS TO ELDER CARE, ANTI-TRAFFICKING TO HOUSING FOR THE HOMELESS AND MORE.
IRS990EZ/PrintingPublicationsPostageAmt03438
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NEWSLETTERS AND PODCASTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt048150
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt03089
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03104
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07012
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt048149
IRS990EZ/TotalProgramServiceExpensesAmt048150
IRS990EZ/TotalRevenueAmt056192
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0BITTERSWEETMONTHLY.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt055884
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt089174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0127699
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0125135
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt042530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0440422
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0440422
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt055884
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt089174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0127699
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0125135
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt042530
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0440422
IRS990ScheduleA/TotalSupportAmt0440422
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 44. DESCRIPTION: ROYALTIES. AMOUNT: 210. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 254.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SALES OF PRODUCT REVENUE. AMOUNT: 54.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK CHARGES. AMOUNT: 374. DESCRIPTION: FEES. AMOUNT: 180. DESCRIPTION: OPERATIONS EXPENSE. AMOUNT: 20,135. TOTAL TO FORM 990-EZ, LINE 16: 20,689.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PAYROLL TAX REFUND DUE. BEG. OF YEAR AMOUNT: 51. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED LIABILITIES. BEG. OF YEAR AMOUNT: 3,104. END OF YEAR AMOUNT: 7,012.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHERINE SCHMIDGALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03039042821
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BITTERSWEET FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BITT
ReturnHeader/Filer/EIN0461502118
ReturnHeader/Filer/PhoneNum03039042821
ReturnHeader/Filer/USAddress/AddressLine1Txt03001 N STREET SE
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd0200192142
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561274171
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAUNDERS STRODE & TRAWICK PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0130 CHARLOIS BLVD SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINSTONSALEM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027103
ReturnHeader/PreparerPersonGrp/PhoneNum03367652700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A TRAWICK
ReturnHeader/ReturnTs02022-11-15T13:11:41-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHERINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHMIDGALL
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings