Civic Intelligence

Spruance Foundation II

990PF • Fiscal year 2021 • EIN 46-1564619

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 31, 2022

27 Selborne DriveWilmington, DE 19807

(610) 286-6808

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2021 filings • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

32nd percentile

0.00x

Higher debt load relative to revenue than 32% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Net Margin

14th percentile

-18%

Higher net margin than 14% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$30,000

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 36.3% of source-year revenue.

2021 filings • $1M-$5M nonprofits • Source year 2021

Asset Growth

25th percentile

-0.8%

Faster asset growth than 25% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

38th percentile

3.7%

Faster revenue growth than 38% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,885,120

Down $14,628 (-0.8%) from 2020

Net Assets

Down

$1,885,120

Down $14,628 (-0.8%) from 2020

Liabilities

Flat

$1

Flat from 2020

Revenue

Up

$82,629

Up $2,968 (+3.7%) from 2020

Expenses

Up

$97,257

Up $38,820 (+66%) from 2020

Net Income

Down

-$14,628

Down $35,852 (-169%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $2,731,064Liabilities 2013: $02013Assets 2014: $2,745,048Liabilities 2014: $02014Assets 2015: $2,733,662Liabilities 2015: $02015Assets 2016: $2,461,275Liabilities 2016: $0Net Assets 2016: $2,461,2752016Assets 2017: $1,976,940Liabilities 2017: $0Net Assets 2017: $1,976,9402017Assets 2018: $1,884,610Liabilities 2018: $0Net Assets 2018: $1,884,6102018Assets 2019: $1,878,524Liabilities 2019: $1Net Assets 2019: $1,878,5242019Assets 2020: $1,899,748Liabilities 2020: $1Net Assets 2020: $1,899,7482020Assets 2021: $1,885,120Liabilities 2021: $1Net Assets 2021: $1,885,1202021Assets 2022: $1,814,890Liabilities 2022: $1Net Assets 2022: $1,814,8902022Assets 2023: $1,636,518Liabilities 2023: $1Net Assets 2023: $1,636,5182023Assets 2024: $1,393,701Liabilities 2024: $0Net Assets 2024: $1,393,7012024

Highlighted filing

2021

Assets$1,885,120
Liabilities$1
Net Assets$1,885,120

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $3,045,765Expenses 2013: $211,767Net Income 2013: $2,833,9982013Revenue 2014: $224,455Expenses 2014: $210,920Net Income 2014: $13,5352014Revenue 2015: $177,044Expenses 2015: $187,622Net Income 2015: -$10,5782015Revenue 2016: -$96,728Expenses 2016: $175,659Net Income 2016: -$272,3872016Revenue 2017: $62,259Expenses 2017: $546,594Net Income 2017: -$484,3352017Revenue 2018: $59,469Expenses 2018: $151,799Net Income 2018: -$92,3302018Revenue 2019: $80,384Expenses 2019: $86,470Net Income 2019: -$6,0862019Revenue 2020: $79,661Expenses 2020: $58,437Net Income 2020: $21,2242020Revenue 2021: $82,629Expenses 2021: $97,257Net Income 2021: -$14,6282021Revenue 2022: $80,395Expenses 2022: $150,625Net Income 2022: -$70,2302022Revenue 2023: $86,886Expenses 2023: $265,258Net Income 2023: -$178,3722023Revenue 2024: $140,177Expenses 2024: $382,994Net Income 2024: -$242,8172024

Highlighted filing

2021

Revenue$82,629
Expenses$97,257
Net Income-$14,628
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 31, 2022
Return Version
2021v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas W SpruancePresident-$30,000-$30,000
Filing and Contact Details

Filer

Filer Name
Spruance Foundation II
EIN
46-1564619
In Care Of
% Thomas W Spruance
Phone
6102866808
Address
27 Selborne Drive, Wilmington, DE 19807

Signing Officer

Name
Thomas W Spruance
Title
President
Phone
6102866808
Signed
2022-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Baer and Company
Address
P O Box 402, Morgantown, PA 19543
Preparer
Shana R Kennedy
Phone
6102866808
Raw XML Appendix245 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
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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0Baer and Company CPAs
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt07936
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc053.4942a-3c The foundation is making an election under 53.4942a-3c. The distribution was treated und
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt053.4942a)3c) The foundation is making an election under 53.4942a)3c). The distribution was treated under 53.4942a)3d)1)iii) as a distribution out of corpus from prior tax years.
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt01869557
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OriginalReturnTaxPaidAmt01486
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt0335
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IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt04152029
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt062677
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0205790
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt0004.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt030000
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Thomas W Spruance
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt027 Selborne Drive
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
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IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
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IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0Medical research
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0Steadman Philippon Research Institute
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1The Property and Environment Research Center
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2The Common Ground Project
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ReturnHeader/Filer/EIN0461564619
ReturnHeader/Filer/InCareOfNm0% Thomas W Spruance
ReturnHeader/Filer/PhoneNum06102866808
ReturnHeader/Filer/USAddress/AddressLine1Txt027 Selborne Drive
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019807
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Baer and Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 402
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Morgantown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019543
ReturnHeader/PreparerPersonGrp/PhoneNum06102866808
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Shana R Kennedy
ReturnHeader/ReturnTs02022-10-31T10:14:56-00:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Thomas
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Spruance
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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