Civic Intelligence

Pruitt 2013 Foundation Inc

EIN 46-4388195 • 501(c)3 • Chantilly, VA

Profile

The foundation supports charitable, educational, or religious purposes by conducting or supporting qualified organizations that carry out those charitable, educational or religious activities.

14900 Bogle Drive Suite 204Chantilly, VA 20151

n/A

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

86th percentile

41%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

42nd percentile

2.8%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

32nd percentile

-0.7%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$13,802,921

Up $281,360 (+2.1%) from 2019

Liabilities

Down

$0

Down $2,176 (-100%) from 2019

Net Assets

Up

$13,802,921

Up $283,536 (+2.1%) from 2019

Revenue

Up

$835,218

Up $81,766 (+11%) from 2019

Expenses

Up

$632,793

Up $189,329 (+43%) from 2019

Net Income

Down

$202,425

Down $107,563 (-35%) from 2019

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2013: $3,013,675Liabilities 2013: $0Net Assets 2013: $3,013,6752013Assets 2014: $5,944,384Liabilities 2014: $0Net Assets 2014: $5,944,3842014Assets 2015: $6,113,330Liabilities 2015: $25,000Net Assets 2015: $6,088,3302015Assets 2016: $9,100,869Liabilities 2016: $3,465Net Assets 2016: $9,097,4042016Assets 2017: $13,043,740Liabilities 2017: $0Net Assets 2017: $13,043,7402017Assets 2018: $13,151,195Liabilities 2018: $0Net Assets 2018: $13,151,1952018Assets 2019: $13,521,561Liabilities 2019: $2,176Net Assets 2019: $13,519,3852019Assets 2020: $13,802,921Liabilities 2020: $0Net Assets 2020: $13,802,9212020

Highlighted filing

2020

Assets$13,802,921
Liabilities$0
Net Assets$13,802,921

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2013: $3,013,675Expenses 2013: $0Net Income 2013: $3,013,6752013Revenue 2014: $3,043,767Expenses 2014: $113,058Net Income 2014: $2,930,7092014Revenue 2015: $257,112Expenses 2015: $113,166Net Income 2015: $143,9462015Revenue 2016: $3,261,751Expenses 2016: $252,677Net Income 2016: $3,009,0742016Revenue 2017: $4,199,269Expenses 2017: $252,933Net Income 2017: $3,946,3362017Revenue 2018: $758,530Expenses 2018: $651,075Net Income 2018: $107,4552018Revenue 2019: $753,452Expenses 2019: $443,464Net Income 2019: $309,9882019Revenue 2020: $835,218Expenses 2020: $632,793Net Income 2020: $202,4252020

Highlighted filing

2020

Revenue$835,218
Expenses$632,793
Net Income$202,425

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 2, 2021
Return Version
2020v4.1
Gross Receipts
$1,049,885
Mission and Program Overview

Mission

The foundation supports charitable, educational, or religious purposes by conducting or supporting qualified organizations that carry out those charitable, educational or religious activities.

The foundation is a supporting organization under 509(a)(3) to the youth for tomorrow new life center inc. Through 12/31/2018. The foundation makes grants to further the purposes of that organization as well as to other organizations described in sec. 501(c)(3) classified as public charities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$13,519,385$13,802,921▲ $283,536
Investments Other Securities$1,162,711$1,124,369▼ $38,342
Investments in Publicly Traded Securities$658,957$776,860▲ $117,903
Savings and Temporary Cash Investments$505,642$707,441▲ $201,799
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$13,521,561$13,802,921▲ $281,360
Other Assets Total$11,194,251$11,194,251→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,176$0▼ $2,176
Total Liabilities$2,176$0▼ $2,176
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,519,385$13,802,921▲ $283,536
Total Liabilities and Net Assets / Fund Balance$13,521,561$13,802,921▲ $281,360

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$11,194,251--
Other Securities$1,124,369--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cecil PruittPresident/treas/director
Dr Gary L JonesDirector
Jay KeyserDirector
Tracy BeanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$68,709
Other Revenue
$766,509
Change in Net Assets
$202,425
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$611,000
Other Expenses$21,793
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$611,000--$611,000
Fees for Services Legal-$12,580-$12,580
Fees for Service Investment Mgmnt Fees-$4,488-$4,488
Fees for Services Accounting-$4,450-$4,450
Office Expenses-$250-$250
Other Expenses-$25-$25
Total Functional Expenses$611,000$21,793$0$632,793
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Chamelon Marketing GroupMaplewood, NJ-Kn95 Masks-
Youth for TomorrowBristow, VA170(b)(1)(a)(vi)To Support Charitable Purpose-
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The following officers and directors of the foundation have a business relationship: cecil pruitt jr, president/director tracy bean, secretary

Form 990, Part VI, Section A, Line 6

The foundation has two classes of members: the supported organization member and the donor member.

Form 990, Part VI, Section A, Line 7A

The youth for tomorrow new life center inc. Member may elect two youth for tomorrow new life center directors. The donor member may elect one donor director. The directors are the voting members of the governing body.

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is provided to the governing body prior to the filing of the form 990. No review will be formally conducted, although the governing body are requested to review the form 990 prior to the filing date.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy covers all members of the board of directors and all officers and is monitored by an annual written information statement and disclosure requirements to the board and the members of any committee. It is the policy of the entire board to review each transaction to come before the board for potential or actual conflicts of interest. If potential or actual conflicts are identified, the person determined to have a conflict is recused from deliberations or voting. The identified conflicts of interest and appropriate recusals are documented in the minutes of each board or committee meeting.

Form 990, Part VI, Section C, Line 19

The foundation makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pruitt 2013 Foundation Inc
EIN
46-4388195
Phone
7036312217
Address
14900 BOGLE DRIVE SUITE 204, CHANTILLY, VA 20151

Signing Officer

Name
Cecil Pruitt Jr
Title
President
Phone
7036312217
Signed
2021-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cecil Pruitt Jr
Formed
2013
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Thompson Greenspon
Address
4035 RIDGE TOP RD SUITE 700, FAIRFAX, VA 22030
Preparer
Charles F Helme Iii CPA
Phone
7033858888
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0235919
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0447007
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt089000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt01038
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0237247
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR GARY L JONES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt01010211
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOLLOWING OFFICERS AND DIRECTORS OF THE FOUNDATION HAVE A BUSINESS RELATIONSHIP: CECIL PRUITT JR, PRESIDENT/DIRECTOR TRACY BEAN, SECRETARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS TWO CLASSES OF MEMBERS: THE SUPPORTED ORGANIZATION MEMBER AND THE DONOR MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE YOUTH FOR TOMORROW NEW LIFE CENTER INC. MEMBER MAY ELECT TWO YOUTH FOR TOMORROW NEW LIFE CENTER DIRECTORS. THE DONOR MEMBER MAY ELECT ONE DONOR DIRECTOR. THE DIRECTORS ARE THE VOTING MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY PRIOR TO THE FILING OF THE FORM 990. NO REVIEW WILL BE FORMALLY CONDUCTED, ALTHOUGH THE GOVERNING BODY ARE REQUESTED TO REVIEW THE FORM 990 PRIOR TO THE FILING DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD OF DIRECTORS AND ALL OFFICERS AND IS MONITORED BY AN ANNUAL WRITTEN INFORMATION STATEMENT AND DISCLOSURE REQUIREMENTS TO THE BOARD AND THE MEMBERS OF ANY COMMITTEE. IT IS THE POLICY OF THE ENTIRE BOARD TO REVIEW EACH TRANSACTION TO COME BEFORE THE BOARD FOR POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. IF POTENTIAL OR ACTUAL CONFLICTS ARE IDENTIFIED, THE PERSON DETERMINED TO HAVE A CONFLICT IS RECUSED FROM DELIBERATIONS OR VOTING. THE IDENTIFIED CONFLICTS OF INTEREST AND APPROPRIATE RECUSALS ARE DOCUMENTED IN THE MINUTES OF EACH BOARD OR COMMITTEE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0YOUTH FOR TOMORROW NEW LIFE CENTER INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0521342268
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE TRAINING EDUCATION ASSISTANCE & REHAB. FOR UNDERPRIVILEGED YOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011835 HAZEL CIRCLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BRISTOW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020136
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0597250
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0YOUTH FOR TOMORROW NEW LIFE CENTER INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt013521561
IRS990/TotalAssetsEOYAmt013802921
IRS990/TotalAssetsGrp/BOYAmt013521561
IRS990/TotalAssetsGrp/EOYAmt013802921
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021793
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0611000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0632793
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02176
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02176
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013519385
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013802921
IRS990/TotalOtherCompensationAmt090038
IRS990/TotalProgramServiceExpensesAmt0611000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0835218
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0835218
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013521561
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013802921
IRS990/TotReportableCompRltdOrgAmt0920173
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014900 BOGLE DRIVE SUITE 204
IRS990/USAddress/CityNm0CHANTILLY
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd020151
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CECIL PRUITT JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07036312217
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRUITT 2013 FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PRUI
ReturnHeader/Filer/EIN0464388195
ReturnHeader/Filer/PhoneNum07036312217
ReturnHeader/Filer/USAddress/AddressLine1Txt014900 BOGLE DRIVE SUITE 204
ReturnHeader/Filer/USAddress/CityNm0CHANTILLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020151

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