Civic Intelligence

Four Block Foundation Inc.

990 • Fiscal year 2018 • EIN 46-3575713

Jan 01, 2018 to Dec 31, 2018 • Filed on Jan 18, 2021

230 Park Avenue 29th FloorNew York, NY 12106

(845) 500-4308

Siviq Scores

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

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2018 filings • NTEE J • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

12th percentile

0.01x

Higher debt load relative to revenue than 12% of similar nonprofits.

2018 filings • NTEE J • $1M-$5M nonprofits • Source year 2018

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2018 filings • NTEE J • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

18th percentile

$0

Higher top officer pay than 18% of similar nonprofits.

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

2018 filings • NTEE J • $1M-$5M nonprofits • Source year 2018

Asset Growth

98th percentile

112%

Faster asset growth than 98% of similar nonprofits.

2018 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

98th percentile

166%

Faster revenue growth than 98% of similar nonprofits.

2018 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,572,271

Up $830,994 (+112%) from 2017

Net Assets

Up

$1,555,642

Up $820,880 (+112%) from 2017

Liabilities

Up

$16,629

Up $10,114 (+155%) from 2017

Revenue

Up

$2,685,236

Up $1,675,830 (+166%) from 2017

Expenses

Up

$1,864,356

Up $865,884 (+87%) from 2017

Net Income

Up

$820,880

Up $809,946 (+7408%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $50,500Liabilities 2013: $0Net Assets 2013: $50,5002013Assets 2014: $150,217Net Assets 2014: $150,2172014Assets 2015: $377,143Liabilities 2015: $0Net Assets 2015: $377,1432015Assets 2016: $723,828Liabilities 2016: $0Net Assets 2016: $723,8282016Assets 2017: $741,277Liabilities 2017: $6,515Net Assets 2017: $734,7622017Assets 2018: $1,572,271Liabilities 2018: $16,629Net Assets 2018: $1,555,6422018Assets 2019: $2,324,971Liabilities 2019: $7,779Net Assets 2019: $2,317,1922019Assets 2020: $3,027,663Liabilities 2020: $414,490Net Assets 2020: $2,613,1732020Assets 2021: $2,669,375Liabilities 2021: $512,416Net Assets 2021: $2,156,9592021Assets 2022: $4,713,378Liabilities 2022: $147,685Net Assets 2022: $4,565,6932022Assets 2023: $3,297,277Liabilities 2023: $171,231Net Assets 2023: $3,126,0462023Assets 2024: $2,647,170Liabilities 2024: $180,961Net Assets 2024: $2,466,2092024

Highlighted filing

2018

Assets$1,572,271
Liabilities$16,629
Net Assets$1,555,642

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $50,500Expenses 2013: $0Net Income 2013: $50,5002013Revenue 2014: $140,103Expenses 2014: $40,386Net Income 2014: $99,7172014Revenue 2015: $384,807Expenses 2015: $157,881Net Income 2015: $226,9262015Revenue 2016: $707,424Expenses 2016: $360,739Net Income 2016: $346,6852016Revenue 2017: $1,009,406Expenses 2017: $998,472Net Income 2017: $10,9342017Revenue 2018: $2,685,236Expenses 2018: $1,864,356Net Income 2018: $820,8802018Revenue 2019: $3,063,158Expenses 2019: $2,301,608Net Income 2019: $761,5502019Revenue 2020: $2,390,376Expenses 2020: $2,094,395Net Income 2020: $295,9812020Revenue 2021: $2,550,639Expenses 2021: $3,006,853Net Income 2021: -$456,2142021Revenue 2022: $4,550,708Expenses 2022: $2,141,974Net Income 2022: $2,408,7342022Revenue 2023: $1,305,430Expenses 2023: $2,751,539Net Income 2023: -$1,446,1092023Revenue 2024: $3,074,669Expenses 2024: $3,720,514Net Income 2024: -$645,8452024

Highlighted filing

2018

Revenue$2,685,236
Expenses$1,864,356
Net Income$820,880
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jan 18, 2021
Return Version
2018v3.1
Gross Receipts
$2,685,236
Mission and Program Overview

Mission

We support, educate, and prepare returning enlisted service members with pursuing meaningful careers that capitalize on their interests, strengths, and capabilities. We also assist and advise employers with attracting and on-boarding veterans that are a skills and cultural match at their companies. Our mantra is "the right veteran, the right career."

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$223,000$838,500▲ $615,500
Cash and Non-Interest-Bearing Accounts$517,588$733,541▲ $215,953
Land, Buildings, and Equipment, Net$689$230▼ $459
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$741,277$1,572,271▲ $830,994
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$6,515$16,629▲ $10,114
Total Liabilities$6,515$16,629▲ $10,114
Net Assets / Fund Balance
Unrestricted Net Assets$734,762$1,555,642▲ $820,880
Total Net Assets Fund Balance$734,762$1,555,642▲ $820,880
Total Liabilities and Net Assets / Fund Balance$741,277$1,572,271▲ $830,994

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$230$1,148-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill MurrayChairman
Darren SumterDirector
Jo Ann RossDirector
Missy OwensDirector
Michael AbramsChrman Emeritus
Charles KrulakHonorary Chrman
Rich StehlSecretary
Rick MinersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,685,236
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,685,236
Change in Net Assets
$820,880

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$750,000Market
Total Noncash Contributions1$750,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,226,331
Salaries, Compensation, and Employee Benefits$638,025
Total Fundraising Expense$205,181
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$712,164-$178,041$890,205
Other Salaries and Wages$574,222$44,662$19,141$638,025
Fees for Services Other$63,334$19,423$1,689$84,446
Travel$38,820$9,705-$48,525
Conferences and Meetings$21,160$8,817$5,290$35,267
Office Expenses$12,852$1,669$686$15,207
Insurance-$3,401-$3,401
Other Expenses$1,576$185$93$1,854
All Other Expenses$1,275$319-$1,594
Depreciation Depletion-$459-$459
Total Functional Expenses$1,565,827$93,348$205,181$1,864,356
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

990 is presented to the board by the auditors. It is then reviewed at length and approved before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board meetings take place regularly to ensure compliance

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board conducts meetings to discuss and approve the hiring of all top management positions

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board conducts meetings to discuss and approve the salaries and rates of all management positions and contractors

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Four Block Foundation Inc
EIN
46-3575713
Phone
8455004308
Address
230 Park Avenue 29th Floor, New York, NY 12106

Signing Officer

Name
Rick Miners
Title
Treasurer
Signed
2021-01-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Miners
Formed
2013
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
13

Preparer

Firm
Morse and Company Cpas
Address
505 8th Ave, New York, NY 10018
Preparer
Dexter A Morse CPA
Phone
2127652200
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0638025
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/TotalAmt00
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Rick Miners
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01009406
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0554249
IRS990/PYRevenuesLessExpensesAmt010934
IRS990/PYSalariesCompEmpBnftPaidAmt0444223
IRS990/PYTotalExpensesAmt0998472
IRS990/PYTotalRevenueAmt01009406
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0820880
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01935236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01009406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0707424
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0384807
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0140103
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04176976
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt04176976
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01935236
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01009406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0707424
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0384807
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0140103
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04176976
IRS990ScheduleA/TotalSupportAmt04176976
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0230
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01148
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01378
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0230
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Dntd Advrtsng
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Market
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0750000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 is presented to the board by the auditors. It is then reviewed at length and approved before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board meetings take place regularly to ensure compliance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board conducts meetings to discuss and approve the hiring of all top management positions
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board conducts meetings to discuss and approve the salaries and rates of all management positions and contractors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0741277
IRS990/TotalAssetsEOYAmt01572271
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IRS990/TotalAssetsGrp/EOYAmt01572271
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02685236
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0205181
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt093348
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01565827
IRS990/TotalFunctionalExpensesGrp/TotalAmt01864356
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06515
IRS990/TotalLiabilitiesEOYAmt016629
IRS990/TotalLiabilitiesGrp/BOYAmt06515
IRS990/TotalLiabilitiesGrp/EOYAmt016629
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0734762
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01555642
IRS990/TotalProgramServiceExpensesAmt01565827
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02685236
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0741277
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01572271
IRS990/TravelGrp/ManagementAndGeneralAmt09705
IRS990/TravelGrp/ProgramServicesAmt038820
IRS990/TravelGrp/TotalAmt048525
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0734762
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01555642
IRS990/USAddress/AddressLine1Txt0230 Park Avenue 29th Floor
IRS990/USAddress/CityNm0New York

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