Civic Intelligence

Polk Foundation

990EZ • Fiscal year 2023 • EIN 46-3823990

Oct 01, 2022 to Sep 30, 2023 • Filed on Feb 14, 2024

Organization Profile
1866 King AveColumbus, OH 43212-2065

(614) 488-6597

Siviq Scores

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

Liabilities / Assets

75th percentile

0.04x

Higher debt load relative to assets than 75% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.09x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

2nd percentile

-493%

Higher net margin than 2% of similar nonprofits.

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

Top Officer Pay

80th percentile

$5,588

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 39.1% of source-year revenue.

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

Asset Growth

6th percentile

-71%

Faster asset growth than 6% of similar nonprofits.

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

Revenue Growth

4th percentile

-87%

Faster revenue growth than 4% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$29,783

Down $74,158 (-71%) from 2022

Net Assets

Down

$28,513

Down $56,117 (-66%) from 2022

Liabilities

Down

$1,270

Down $18,041 (-93%) from 2022

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin2nd percentile

Revenue

Down

$14,289

Down $95,160 (-87%) from 2022

Expenses

Up

$84,747

Up $1,962 (+2.4%) from 2022

Net Income

Down

-$70,458

Down $97,122 (-364%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$150K$100K$50K$0Assets 2014: $1,476Liabilities 2014: $02014Assets 2015: $6,518Liabilities 2015: $02015Assets 2016: $2,864Liabilities 2016: $02016Assets 2017: $2,352Liabilities 2017: $02017Assets 2018: $8,300Liabilities 2018: $18,8942018Assets 2019: $23,430Liabilities 2019: $7,0722019Assets 2020: $25,723Liabilities 2020: $1,0892020Assets 2022: $103,941Liabilities 2022: $19,311Net Assets 2022: $84,6302022Assets 2023: $29,783Liabilities 2023: $1,270Net Assets 2023: $28,5132023Assets 2024: $24,238Liabilities 2024: $0Net Assets 2024: $24,2382024Assets 2025: $21,809Liabilities 2025: $0Net Assets 2025: $21,8092025

Highlighted filing

2023

Assets$29,783
Liabilities$1,270
Net Assets$28,513
Open 2023 Filing

Operations Trend

Revenue Growth4th percentile

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

$150K$100K$50K$0-$50K-$100KRevenue 2014: $2,500Expenses 2014: $1,064Net Income 2014: $1,4362014Revenue 2015: $64,540Expenses 2015: $62,998Net Income 2015: $1,5422015Revenue 2016: $34,831Expenses 2016: $37,785Net Income 2016: -$2,9542016Revenue 2017: $44,435Expenses 2017: $44,247Net Income 2017: $1882017Revenue 2018: $40,725Expenses 2018: $62,772Net Income 2018: -$22,0472018Revenue 2019: $98,333Expenses 2019: $94,355Net Income 2019: $3,9782019Revenue 2020: $58,609Expenses 2020: $46,643Net Income 2020: $11,9662020Revenue 2022: $109,449Expenses 2022: $82,785Net Income 2022: $26,6642022Revenue 2023: $14,289Expenses 2023: $84,747Net Income 2023: -$70,4582023Revenue 2024: $90,650Expenses 2024: $94,925Net Income 2024: -$4,2752024Revenue 2025: $87,346Expenses 2025: $89,775Net Income 2025: -$2,4292025

Highlighted filing

2023

Revenue$14,289
Expenses$84,747
Net Income-$70,458
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Feb 14, 2024
Return Version
2022v5.0
Gross Receipts
$14,289
Mission and Program Overview

Mission

Education recreation sports theater and financial assistance to low income inner children and their families

Provide educational and recreational activities for low income inner city youth at no costs to the children or their families. Provide household needs for low income families at no costs.

Program Services

DescriptionGrantsExpenses
Educational & Recreational activities for 1000 inner city youth$0$60,211
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen M PolkPresidentFT$0$5,588$5,588
Marjorie L PolkVice PresidentPT$0$1,265$1,265
Filing and Contact Details

Filer

Filer Name
Polk Foundation
EIN
46-3823990
Phone
6144886597
Address
1866 KING AVE, COLUMBUS, OH 43212-2065

Signing Officer

Name
Stephen M Polk
Title
President
Phone
6144886597
Signed
2024-02-14
Supplemental Narrative

Additional Explanations

Part I, Line 10

“Like kind charities for low income inner city children and their families”

Part I, Line 16

“Educational, recreational activities for low income inner city children at no cost; Household needs for low income families”

Part II, Line 24

“Auto depreciation reduction in value”

Part II, Line 26

“Credit Card expenses”

Raw XML Appendix136 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Stephen M Polk President
IRS990EZ/BooksInCareOfDetail/PhoneNum06144886597
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01866 KING AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COLUMBUS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0432122065
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt096541
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026083
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt014289
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-70458
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03000
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0103941
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029783
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03710
IRS990EZ/GrossReceiptsAmt014289
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt084630
IRS990EZ/NetAssetsOrFundBalancesEOYAmt028513
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt084630
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt028513
IRS990EZ/OccupancyRentUtltsAndMaintAmt011113
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt05588
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt11265
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Stephen M Polk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Marjorie L Polk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07400
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03700
IRS990EZ/OtherChangesInNetAssetsAmt014341
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt060211
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide educational and recreational activities for low income inner city youth at no costs to the children or their families. Provide household needs for low income families at no costs.
IRS990EZ/PrintingPublicationsPostageAmt01125
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Educational & Recreational activities for 1000 inner city youth
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt060211
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt05588
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OH
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt019311
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01270
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt084747
IRS990EZ/TotalProgramServiceExpensesAmt060211
IRS990EZ/TotalRevenueAmt014289
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt014289
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0109449
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt078158
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt058609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt098333
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0358838
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0358838
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0358838
IRS990ScheduleA/SupportedOrganizationsCnt00
IRS990ScheduleA/SupportedOrganizationsTotalCnt00
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt014289
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0109449
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt078158
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt058609
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt098333
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0358838
IRS990ScheduleA/TotalSupportAmt0358838
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Like kind charities for low income inner city children and their families
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Educational, recreational activities for low income inner city children at no cost; Household needs for low income families
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Auto depreciation reduction in value
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Credit Card expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, Line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Stephen M Polk
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06144886597
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POLK FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0POLK
ReturnHeader/Filer/EIN0463823990
ReturnHeader/Filer/PhoneNum06144886597
ReturnHeader/Filer/USAddress/AddressLine1Txt01866 KING AVE
ReturnHeader/Filer/USAddress/CityNm0COLUMBUS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd0432122065
ReturnHeader/ReturnTs02024-02-14T16:45:28Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$29,783
Liabilities
$1,270
Net assets
$28,513
Revenue
$14,289
Expenses
$84,747
Net income
-$70,458
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.87$0.90$0.02
2024Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.91$0.95$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$0.14$0.85$0.70
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.19$0.85$1.09$0.83$0.27
2020Summary only. Only limited summary data is available for this year.$0.26$0.01$0.59$0.47$0.12
2019Summary only. Only limited summary data is available for this year.$0.23$0.07$0.98$0.94$0.04
2018Summary only. Only limited summary data is available for this year.$0.08$0.19$0.41$0.63$0.22
2017Summary only. Only limited summary data is available for this year.$0.02$0.00$0.44$0.44$0.00
2016Summary only. Only limited summary data is available for this year.$0.03$0.00$0.35$0.38$0.03
2015Summary only. Only limited summary data is available for this year.$0.07$0.00$0.65$0.63$0.02
2014Summary only. Only limited summary data is available for this year.$0.01$0.00$0.03$0.01$0.01