Civic Intelligence

Clipper Petroleum Foundation Inc.

990EZ • Fiscal year 2015 • EIN 46-1784703

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

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.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

61st percentile

8.3%

Higher net margin than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

86th percentile

63%

Faster asset growth than 86% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

75th percentile

23%

Faster revenue growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$21,209

Up $8,193 (+63%) from 2014

Net Assets

Up

$21,209

Up $8,193 (+63%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$98,738

Up $18,585 (+23%) from 2014

Expenses

Up

$90,545

Up $5,153 (+6.0%) from 2014

Net Income

Up

$8,193

Up $13,432 (+256%) from 2014

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

2015

Assets$21,209
Liabilities$0
Net Assets$21,209

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

2015

Revenue$98,738
Expenses$90,545
Net Income$8,193
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$129,628
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 2015 AND ISSUES GRANT PAYMENTS IN OCTOBER 2015. IN 2015, 49 GRANTS TOTALING $88,918 WERE GRANTED TO NON-PROFITS AND PUBLIC SCHOOLS BY THE FOUNDATION. NO INDIVIDUAL GRANTS EXCEEDED $5,000.$88,918$88,918
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$114,667$17,456$2,611$14,845
Total Events$114,667$17,456$30,890$-13,434
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
2016-05-10
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: 97. Description: taxes and licenses. Amount: 30. Total to form 990-ez, line 16: 127.

Raw XML Appendix176 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
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/OtherExpensesTotalAmt0127
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/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 2015 AND ISSUES GRANT PAYMENTS IN OCTOBER 2015. IN 2015, 49 GRANTS TOTALING $88,918 WERE GRANTED TO NON-PROFITS AND PUBLIC SCHOOLS BY THE FOUNDATION. NO INDIVIDUAL GRANTS EXCEEDED $5,000.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt088918
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt088918
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt0-13434
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0287160
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt064677
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalSupportAmt0287160
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt030890
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-13434
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt011843
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02611
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08894
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SUPPLIES. AMOUNT: 97. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 30. TOTAL TO FORM 990-EZ, LINE 16: 127.
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/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ED HONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07709657240
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
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/PreparationDt02016-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J RONALD BRACEWELL JR
ReturnHeader/ReturnTs02016-05-12T14:08:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits