Civic Intelligence

Clipper Petroleum Foundation Inc.

990EZ • Fiscal year 2014 • EIN 46-1784703

Jan 01, 2014 to Dec 31, 2014 • Filed on May 13, 2015

5317 Tl Bower WayFlowery Branch, GA 30542

(770) 965-7240

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

27th percentile

-6.5%

Higher net margin than 27% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

15th percentile

-29%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

67th percentile

15%

Faster revenue growth than 67% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$13,016

Down $5,239 (-29%) from 2013

Net Assets

$13,016

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$80,153

Up $10,208 (+15%) from 2013

Expenses

Up

$85,392

Up $33,702 (+65%) from 2013

Net Income

Down

-$5,239

Down $23,494 (-129%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $18,255Liabilities 2013: $02013Assets 2014: $13,016Liabilities 2014: $0Net Assets 2014: $13,0162014Assets 2015: $21,209Liabilities 2015: $0Net Assets 2015: $21,2092015Assets 2016: $24,433Liabilities 2016: $1,017Net Assets 2016: $23,4162016Assets 2017: $31,002Liabilities 2017: $0Net Assets 2017: $31,0022017Assets 2018: $40,216Liabilities 2018: $1,000Net Assets 2018: $39,2162018Assets 2019: $62,806Liabilities 2019: $0Net Assets 2019: $62,8062019Assets 2020: $36,745Liabilities 2020: $0Net Assets 2020: $36,7452020Assets 2021: $66,359Liabilities 2021: $0Net Assets 2021: $66,3592021Assets 2022: $70,845Liabilities 2022: $0Net Assets 2022: $70,8452022Assets 2023: $229,291Liabilities 2023: $0Net Assets 2023: $229,2912023Assets 2024: $186,227Liabilities 2024: $0Net Assets 2024: $186,2272024

Highlighted filing

2014

Assets$13,016
Liabilities$0
Net Assets$13,016

Operations Trend

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

$200K$100K$0-$100KRevenue 2013: $69,945Expenses 2013: $51,690Net Income 2013: $18,2552013Revenue 2014: $80,153Expenses 2014: $85,392Net Income 2014: -$5,2392014Revenue 2015: $98,738Expenses 2015: $90,545Net Income 2015: $8,1932015Revenue 2016: $105,507Expenses 2016: $103,300Net Income 2016: $2,2072016Revenue 2017: $114,320Expenses 2017: $106,734Net Income 2017: $7,5862017Revenue 2018: $139,381Expenses 2018: $131,167Net Income 2018: $8,2142018Revenue 2019: $161,916Expenses 2019: $138,326Net Income 2019: $23,5902019Revenue 2020: $134,528Expenses 2020: $160,589Net Income 2020: -$26,0612020Revenue 2021: $148,035Expenses 2021: $118,421Net Income 2021: $29,6142021Revenue 2022: $148,608Expenses 2022: $144,122Net Income 2022: $4,4862022Revenue 2023: $167,879Expenses 2023: $9,433Net Income 2023: $158,4462023Revenue 2024: $151,252Expenses 2024: $194,316Net Income 2024: -$43,0642024

Highlighted filing

2014

Revenue$80,153
Expenses$85,392
Net Income-$5,239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 13, 2015
Return Version
2014v5.0
Gross Receipts
$116,000
Mission and Program Overview

Mission

To support community organizations and local schools in the areas in which clipper petroleum, inc. Does business.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION ACCEPTS GRANT APPLICATIONS FROM NON-PROFIT ORGANIZATIONS AND SCHOOLS FROM APRIL 15 UNTIL AUGUST 31. THE BOD REVIEWS ALL GRANT REQUESTS IN OCTOBER 2014 AND ISSUES GRANT PAYMENTS IN OCTOBER 2014. IN 2014, 46 GRANTS TOTALING $82,320 WERE GRANTED TO NON-PROFITS AND PUBLIC SCHOOLS BY THE FOUNDATION. NO INDIVIDUAL GRANTS EXCEEDED $5,000.$82,320$82,320
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS L BOWER IIIPresident-$0--
MARIA S BOWERVice President-$0--
CHARLES S HALLTreasurer-$0--
EDWARD HONGSecretary-$0--
SHIRLEY CAROLINE FILCHAKBoard Member-$0--
HALEY BOWERBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$109,900$21,486$3,099$18,387
Total Events$109,900$21,486$35,847$-14,361
Filing and Contact Details

Filer

Filer Name
Clipper Petroleum Foundation Inc
EIN
46-1784703
Phone
7709657240
Address
5317 TL BOWER WAY, FLOWERY BRANCH, GA 30542

Signing Officer

Name
Ed Hong
Title
Secretary
Phone
7709657240
Signed
2015-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Bates Carter & Co Llp
Address
PO DRAWER 2396, GAINESVILLE, GA 30503
Preparer
J Ronald Bracewell Jr
Phone
7705329131
Supplemental Narrative

Additional Explanations

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

Description: supplies. Amount: 152. Description: office expenses. Amount: 426. Description: business development. Amount: 574. Description: insurance. Amount: 400. Total to form 990-ez, line 16: 1,552.

Raw XML Appendix175 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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IRS990EZ/BooksInCareOfDetail/PhoneNum07709657240
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FLOWERY BRANCH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030542
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0THOMAS L BOWER III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARIA S BOWER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHARLES S HALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3EDWARD HONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SHIRLEY CAROLINE FILCHAK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5HALEY BOWER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01552
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT COMMUNITY ORGANIZATIONS AND LOCAL SCHOOLS IN THE AREAS IN WHICH CLIPPER PETROLEUM, INC. DOES BUSINESS.
IRS990EZ/PrintingPublicationsPostageAmt020
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION ACCEPTS GRANT APPLICATIONS FROM NON-PROFIT ORGANIZATIONS AND SCHOOLS FROM APRIL 15 UNTIL AUGUST 31. THE BOD REVIEWS ALL GRANT REQUESTS IN OCTOBER 2014 AND ISSUES GRANT PAYMENTS IN OCTOBER 2014. IN 2014, 46 GRANTS TOTALING $82,320 WERE GRANTED TO NON-PROFITS AND PUBLIC SCHOOLS BY THE FOUNDATION. NO INDIVIDUAL GRANTS EXCEEDED $5,000.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt082320
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt082320
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt0-14361
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IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CLIPPERPETROLEUMFOUNDATION.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt094514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt080474
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0174988
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt047221
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0155524
IRS990ScheduleA/SubstantialContributorsTotAmt019464
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt094514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt080474
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0174988
IRS990ScheduleA/TotalSupportAmt0174988
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt088414
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt088414
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt035847
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt05365
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021486
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-14361
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt017839
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt017839
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03099
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03099
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt07490
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt07490
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SUPPLIES. AMOUNT: 152. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 426. DESCRIPTION: BUSINESS DEVELOPMENT. AMOUNT: 574. DESCRIPTION: INSURANCE. AMOUNT: 400. TOTAL TO FORM 990-EZ, LINE 16: 1,552.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ED HONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07709657240
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLIPPER PETROLEUM FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CLIP
ReturnHeader/Filer/EIN0461784703
ReturnHeader/Filer/PhoneNum07709657240
ReturnHeader/Filer/USAddress/AddressLine1Txt05317 TL BOWER WAY
ReturnHeader/Filer/USAddress/CityNm0FLOWERY BRANCH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030542
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208004844
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BATES CARTER & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO DRAWER 2396
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GAINESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030503
ReturnHeader/PreparerPersonGrp/PhoneNum07705329131
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J RONALD BRACEWELL JR
ReturnHeader/ReturnTs02015-05-14T08:13:19-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings