Civic Intelligence

Humanist Foundation

990 • Fiscal year 2017 • EIN 46-1534636

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 27, 2018

1821 Jefferson Place NWWashington, DC 20036

(202) 238-9088

Siviq Scores

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

Liabilities / Assets

31st percentile

0.05x

Higher debt load relative to assets than 31% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

0.51x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

93rd percentile

59%

Higher net margin than 93% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

Up

$9,662,238

Up $3,168,448 (+49%) from 2015

Net Assets

Up

$9,215,485

Up $3,173,890 (+53%) from 2015

Liabilities

Down

$446,753

Down $5,442 (-1.2%) from 2015

Revenue

Up

$880,885

Up $453,469 (+106%) from 2015

Expenses

Down

$360,426

Down $26,340 (-6.8%) from 2015

Net Income

Up

$520,459

Up $479,809 (+1180%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $4,170,341Liabilities 2012: $281,035Net Assets 2012: $3,889,3062012Assets 2013: $4,713,490Liabilities 2013: $317,109Net Assets 2013: $4,396,3812013Assets 2014: $6,638,665Liabilities 2014: $458,631Net Assets 2014: $6,180,0342014Assets 2015: $6,493,790Liabilities 2015: $452,195Net Assets 2015: $6,041,5952015Assets 2017: $9,662,238Liabilities 2017: $446,753Net Assets 2017: $9,215,4852017Assets 2018: $9,336,255Liabilities 2018: $386,334Net Assets 2018: $8,949,9212018Assets 2019: $10,347,740Liabilities 2019: $320,421Net Assets 2019: $10,027,3192019Assets 2020: $10,609,170Liabilities 2020: $317,634Net Assets 2020: $10,291,5362020Assets 2021: $11,222,611Liabilities 2021: $303,306Net Assets 2021: $10,919,3052021Assets 2022: $9,775,577Liabilities 2022: $333,383Net Assets 2022: $9,442,1942022Assets 2023: $10,236,196Liabilities 2023: $226,807Net Assets 2023: $10,009,3892023Assets 2024: $10,687,136Liabilities 2024: $167,445Net Assets 2024: $10,519,6912024

Highlighted filing

2017

Assets$9,662,238
Liabilities$446,753
Net Assets$9,215,485

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $429,325Expenses 2013: $321,275Net Income 2013: $108,0502013Revenue 2014: $431,040Expenses 2014: $261,962Net Income 2014: $169,0782014Revenue 2015: $427,416Expenses 2015: $386,766Net Income 2015: $40,6502015Revenue 2017: $880,885Expenses 2017: $360,426Net Income 2017: $520,4592017Revenue 2018: $883,621Expenses 2018: $349,199Net Income 2018: $534,4222018Revenue 2019: $799,037Expenses 2019: $336,011Net Income 2019: $463,0262019Revenue 2020: $141,839Expenses 2020: $382,426Net Income 2020: -$240,5872020Revenue 2021: $513,519Expenses 2021: $400,516Net Income 2021: $113,0032021Revenue 2022: $715,256Expenses 2022: $438,505Net Income 2022: $276,7512022Revenue 2023: $209,620Expenses 2023: $356,853Net Income 2023: -$147,2332023Revenue 2024: $630,490Expenses 2024: $407,268Net Income 2024: $223,2222024

Highlighted filing

2017

Revenue$880,885
Expenses$360,426
Net Income$520,459
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 27, 2018
Return Version
2017v2.3
Gross Receipts
$1,753,835
Mission and Program Overview

Mission

The purpose of the humanist foundation is to assure the perpetual existence of the american humanist association as an educational organization in order that the humanist philosophy of life is understood and available for all people on earth.

The purpose of the Humanist Foundation is to assure the perpetual existence of the American Humanist Association as an educational organization in order that the humanist philosophy of life is understood.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,287,765$4,634,042▲ $346,277
Land, Buildings, and Equipment, Net$3,987,059$4,094,396▲ $107,337
Cash and Non-Interest-Bearing Accounts$177,650$403,758▲ $226,108
Accounts Receivable$13,850$286,011▲ $272,161
Savings and Temporary Cash Investments$16,336$30,836▲ $14,500
Total Assets$8,672,164$9,662,238▲ $990,074
Other Assets Total$189,504$213,195▲ $23,691
Liabilities
Other Liabilities$449,259$358,528▼ $90,731
Accounts Payable and Accrued Expenses$124,453$88,225▼ $36,228
Total Liabilities$573,712$446,753▼ $126,959
Net Assets / Fund Balance
Unrestricted Net Assets$7,435,660$8,236,692▲ $801,032
Temporarily Rstr Net Assets$325,465$641,466▲ $316,001
Permanently Rstr Net Assets$337,327$337,327→ $0
Total Net Assets Fund Balance$8,098,452$9,215,485▲ $1,117,033
Total Liabilities and Net Assets / Fund Balance$8,672,164$9,662,238▲ $990,074

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,532,769-$2,532,769
Buildings$1,454,476$31,345$1,485,821
Equipment$107,151$24,780$131,931
Other Securities$4,634,042--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael WernerTrustee/President
Suzanne PaulTrustee/Vice President
Roy SpeckhardtExecutive Director
Jennifer KalmansonTrustee
Lyle L SimpsonTrustee
Scott SeidewitzTrustee
Sunil PanikkathTrustee
R July SimpsonTrustee/Secretary
Melvin LipmanTrustee/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$663,763
Program Service Revenue
$0
Investment Income
$212,885
Other Revenue
$4,237
All Other Contributions
$663,763
Change in Net Assets
$520,459

Audited Revenue Reconciliation

Revenue per Audited Statements
$918,897
Revenue Not Reported on Financial Statements
$-38,012
Revenue Not Reported on Form 990
$558,562
Other Revenue Adjustments
$-38,012
Total Revenue per Audited Statements
$1,477,459
Total Revenue per Form 990
$880,885
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$194,752
Other Expenses$129,152
Salaries, Compensation, and Employee Benefits$36,522
Total Fundraising Expense$19,983
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$194,752--$194,752
Depreciation Depletion$45,332$2,070$6,501$53,903
Other Salaries and Wages$30,712$1,403$4,407$36,522
All Other Expenses$9,377$428$1,344$11,149
Fees for Services Accounting$3,989$182$572$4,743
Fees for Services Other$3,057$140$438$3,635
Other Expenses$2,044$93$293$2,430
Fees for Services Legal$863$39$124$1,026
Office Expenses$362$17$52$431
Total Functional Expenses$334,080$6,363$19,983$360,426

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$360,426
Total Expenses per Audited Statements$360,426
Total Expenses per Form 990$360,426
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Humanist AssociationWashington, DC501c3For operational support$194,752
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
Other Liabilities$275,878
Federal income taxes$82,650
Payment obligations under annuity contracts-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Section B, Line 11

The Board of Trustees of the Humanist Foundation HF is the governing body for HF. After the tax returns are prepared by an independent auditor, the returns are reviewed by staff members of the American Humanist Association. After this review HFs President reviews and approves it.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Humanist Foundation
EIN
46-1534636
Phone
2022389088
Address
1821 JEFFERSON PLACE NW, WASHINGTON, DC 20036

Signing Officer

Name
Roy Speckhardt
Title
Executive Director
Signed
2018-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Werner
Formed
2012
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Potomac CPAs and Consultants LLC
Address
20 Pidgeon Hill Drive Suite 203, Sterling, VA 20165
Preparer
Sohaib Tayyab CPA
Phone
5712070583
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Humanist Association as an educational organization in order that the humanist philosophy of life is understood and available for all people on earth who choose to actualize their life on earth.

Form 990, Part III, Line 1

In 2017, the Humanist Foundation made a 194,752 grant to the American Humanist Association to partially fund public awareness programs.

Form 990, Part XI, Line 9

Adjustments to valuation of annuity obligations 38,012

Financial Statement Notes

XI 2D

Adjustment to previous contributions due to valuation of annuity obligations -38,012

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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/PrincipalOfficerNm0Mike Werner
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Adjustment to previous contributions due to valuation of annuity obligations -38,012
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 2D
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0For operational support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0American Humanist Association
IRS990ScheduleI/RecipientTable/RecipientEIN0946168317
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01821 JEFFERSON PLACE NW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Humanist Association as an educational organization in order that the humanist philosophy of life is understood and available for all people on earth who choose to actualize their life on earth.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1In 2017, the Humanist Foundation made a 194,752 grant to the American Humanist Association to partially fund public awareness programs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Trustees of the Humanist Foundation HF is the governing body for HF. After the tax returns are prepared by an independent auditor, the returns are reviewed by staff members of the American Humanist Association. After this review HFs President reviews and approves it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3These documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Adjustments to valuation of annuity obligations 38,012

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