Civic Intelligence

The Krenov Foundation

EIN 46-3781612 • 501(c)3 • Fort Bragg, CA

Profile

Promote and encourage excellence in woodworking

PO Box 2783Fort Bragg, CA 95437

www.thekrenovfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

0.29x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

33rd percentile

-7.3%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

67th percentile

8.7%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$168,318

Up $13,412 (+8.7%) from 2022

Liabilities

Up

$18,000

Up $18,000 from 2022

Net Assets

Down

$150,318

Down $4,588 (-3.0%) from 2022

Operations
Liabilities / Revenue89th percentileNet Margin33rd percentile

Revenue

Up

$62,712

Up $8,477 (+16%) from 2022

Expenses

Up

$67,301

Up $24,811 (+58%) from 2022

Net Income

Down

-$4,589

Down $16,334 (-139%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2020: $121,766Liabilities 2020: $02020Assets 2021: $143,161Liabilities 2021: $0Net Assets 2021: $143,1612021Assets 2022: $154,906Liabilities 2022: $0Net Assets 2022: $154,9062022Assets 2023: $168,318Liabilities 2023: $18,000Net Assets 2023: $150,3182023

Highlighted filing

2023

Assets$168,318
Liabilities$18,000
Net Assets$150,318
Open 2023 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2020: $74,049Expenses 2020: $6,828Net Income 2020: $67,2212020Revenue 2021: $59,135Expenses 2021: $37,740Net Income 2021: $21,3952021Revenue 2022: $54,235Expenses 2022: $42,490Net Income 2022: $11,7452022Revenue 2023: $62,712Expenses 2023: $67,301Net Income 2023: -$4,5892023

Highlighted filing

2023

Revenue$62,712
Expenses$67,301
Net Income-$4,589
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$168,318
Liabilities
$18,000
Net assets
$150,318
Revenue
$62,712
Expenses
$67,301
Net income
-$4,589
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.18$1.50$0.63$0.67$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.54$0.42$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$0.59$0.38$0.21
2020Summary only. Only limited summary data is available for this year.$1.22$0.00$0.74$0.07$0.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.0
Gross Receipts
$62,712
Mission and Program Overview

Mission

Promote and encourage excellence in woodworking

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$10,106$114,752▲ $104,646
Cash and Non-Interest-Bearing Accounts$144,800$53,566▼ $91,234
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$154,906$168,318▲ $13,412
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$0$18,000▲ $18,000
Accounts Payable and Accrued Expenses$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$18,000▲ $18,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$93,417$99,599▲ $6,182
Net Assets With Donor Restrictions$61,489$50,719▼ $10,770
Total Net Assets Fund Balance$154,906$150,318▼ $4,588
Total Liabilities and Net Assets / Fund Balance$154,906$168,318▲ $13,412
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseTotal
Darryl DieckmanPresident$4,000$4,000

Board Members and Trustees

NameTitle
Kerry MarshallVice President
Gary VenableDirector
Mattie HinkleyDirector
Paul ReiberDirector
Ron HockDirector
Laura MaysSecretary
Bruce HartTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$58,066
Program Service Revenue
$0
Investment Income
$4,646
Other Revenue
$0
All Other Contributions
$58,066
Change in Net Assets
$-4,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$58,668
Other Expenses$4,633
Salaries, Compensation, and Employee Benefits$4,000
Total Fundraising Expense$1,333
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$58,668--$58,668
Current Officers, Directors, Trustees, and Key Employees$4,000--$4,000
Advertising--$1,333$1,333
Insurance-$913-$913
Office Expenses$353$474-$827
Royalties-$733-$733
Information Technology$315--$315
Other Expenses$0$125$0$125
Total Functional Expenses$63,336$2,632$1,333$67,301
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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 11B

“.”

Form 990, Part VI, Section C, Line 19

“.”

Filing and Contact Details

Filer

Filer Name
The Krenov Foundation
EIN
46-3781612
Phone
2533074234
Address
PO Box 2783, Fort Bragg, CA 95437

Signing Officer

Name
Bruce Hart
Title
Treasurer
Phone
2533074234
Signed
2024-11-15

Organization Details

Principal Officer
Bruce Hart
Formed
2014
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
9
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“rounding”

Raw XML AppendixShowing 400 of 442 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.

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IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt0733
IRS990/RoyaltiesGrp/TotalAmt0733
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010106
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0114752
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt058066
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt054154
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt059135
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt074049
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt026008
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0271412
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04646
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt081
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04727
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55032
IRS990ScheduleA/PublicSupportPY170Pct00.57657
IRS990ScheduleA/PublicSupportTotal170Amt0151965
IRS990ScheduleA/SubstantialContributorsTotAmt0119447
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt058066
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt054154
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt059135
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt074049
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt026008
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0271412
IRS990ScheduleA/TotalSupportAmt0276139
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/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt058668
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Woodworking school scholarship
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt013
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2rounding
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0154906
IRS990/TotalAssetsEOYAmt0168318
IRS990/TotalAssetsGrp/BOYAmt0154906
IRS990/TotalAssetsGrp/EOYAmt0168318
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt058066
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01333
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02632
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt063336
IRS990/TotalFunctionalExpensesGrp/TotalAmt067301
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt018000
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt018000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0154906
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0150318
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt063336
IRS990/TotalProgramServiceRevenueAmt00

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