Civic Intelligence

Caliber Collision Centers Foundation

990 • Fiscal year 2020 • EIN 46-5346291

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

2941 Lake Vista DriveLewisville, TX 75067

(469) 948-9479

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

58th percentile

9.3%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

97th percentile

222%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

498%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$449,823

Up $310,180 (+222%) from 2019

Net Assets

Up

$449,823

Up $310,180 (+222%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$3,347,548

Up $2,788,021 (+498%) from 2019

Expenses

Up

$3,036,992

Up $2,532,090 (+502%) from 2019

Net Income

Up

$310,556

Up $255,931 (+469%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2014: $80,124Liabilities 2014: $02014Assets 2015: $16,315Liabilities 2015: $0Net Assets 2015: $16,3152015Assets 2016: $0Liabilities 2016: $60Net Assets 2016: -$602016Assets 2017: $98,571Liabilities 2017: $0Net Assets 2017: $98,5712017Assets 2018: $85,018Liabilities 2018: $0Net Assets 2018: $85,0182018Assets 2019: $139,643Liabilities 2019: $0Net Assets 2019: $139,6432019Assets 2020: $449,823Liabilities 2020: $0Net Assets 2020: $449,8232020Assets 2021: $318,856Liabilities 2021: $0Net Assets 2021: $318,8562021Assets 2022: $403,953Liabilities 2022: $0Net Assets 2022: $403,9532022Assets 2023: $490,615Liabilities 2023: $414,556Net Assets 2023: $76,0592023Assets 2024: $114,150Liabilities 2024: $170,663Net Assets 2024: -$56,5132024

Highlighted filing

2020

Assets$449,823
Liabilities$0
Net Assets$449,823

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $80,200Expenses 2014: $76Net Income 2014: $80,1242014Revenue 2015: $0Expenses 2015: $63,809Net Income 2015: -$63,8092015Revenue 2016: $137,133Expenses 2016: $153,508Net Income 2016: -$16,3752016Revenue 2017: $529,536Expenses 2017: $430,965Net Income 2017: $98,5712017Revenue 2018: $491,992Expenses 2018: $494,055Net Income 2018: -$2,0632018Revenue 2019: $559,527Expenses 2019: $504,902Net Income 2019: $54,6252019Revenue 2020: $3,347,548Expenses 2020: $3,036,992Net Income 2020: $310,5562020Revenue 2021: $1,074,573Expenses 2021: $1,205,540Net Income 2021: -$130,9672021Revenue 2022: $1,537,470Expenses 2022: $1,452,373Net Income 2022: $85,0972022Revenue 2023: $1,628,973Expenses 2023: $1,956,867Net Income 2023: -$327,8942023Revenue 2024: $1,606,406Expenses 2024: $1,738,978Net Income 2024: -$132,5722024

Highlighted filing

2020

Revenue$3,347,548
Expenses$3,036,992
Net Income$310,556
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$3,347,548
Mission and Program Overview

Mission

To contribute vehicles to needy families and contribute funds to public charities.

To provide assistance to 1) military & veterans, 2) american heart (continued on schedule o) association, 3) animal rescue, and 4) food banks.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$76,647$449,823▲ $373,176
Rtn Earn Endowment Incm Other Fnds$139,643$449,823▲ $310,180
Savings and Temporary Cash Investments$45,000$0▼ $45,000
Receivables From Officers Etc$17,996$0▼ $17,996
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
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
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$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$139,643$449,823▲ $310,180
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$139,643$449,823▲ $310,180
Total Liabilities and Net Assets / Fund Balance$139,643$449,823▲ $310,180
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven GrimshawDirector/president
Greg NicholsDirector/secretary
Judd NystromDirector/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,347,284
Program Service Revenue
$0
Investment Income
$264
Other Revenue
$0
All Other Contributions
$2,800,284
Change in Net Assets
$310,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,027,741
Other Expenses$9,251
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,022,741--$3,022,741
Fees for Services Accounting-$7,912-$7,912
Grants to Domestic Orgs$5,000--$5,000
Other Expenses$0$966$0$966
Fees for Services Legal-$245-$245
Information Technology-$128-$128
Total Functional Expenses$3,027,741$9,251$0$3,036,992
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 Officers, Directors, Trustees, and Key Employees$17,996$0▼ $17,996
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
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

Business relationship all of the directors reported in part vii have a business relationship with one another by virtue of their positions as officers of caliber collision.

Form 990, Part VI, Section A, Line 8A

Contemporaneous documentation of meetings no formal meetings were held by the foundation during 2020 and the foundation does not have any committees.

Form 990, Part VI, Section A, Line 8B

Refer to narrative listed in line 8a.

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

Form 990 review process the foundation works with its cpa firm to prepare the form 990 return once a final draft is available, it is submitted to the director of accounting for review.

Form 990, Part VI, Section C, Line 19

How documents are made available to the public the foundation has implemented a public disclosure policy which sets out procedures for making its governing documents, conflict of interest policy and financial data avialable for inspection upon request by the general public.

Form 990, Part VII, Section A

Compensation of officers, directors, key and highest compensated employees the organization is not required to report compensation paid by caliber collision, a related organization, under the volunteer exception.

Filing and Contact Details

Filer

Filer Name
Caliber Collision Centers Foundation
EIN
46-5346291
Phone
4699489479
Address
2941 LAKE VISTA DRIVE, LEWISVILLE, TX 75067

Signing Officer

Name
Judd Nystrom
Title
Director/treasurer
Phone
4699489479
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judd Nystrom
Formed
2014
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
10

Preparer

Firm
Grant Thornton Llp
Address
100 E WISCONSIN AVE, MILWAUKEE, WI 53202
Preparer
Michelle L Weber
Phone
4142898200
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

On march 13, 2020, the president declared the covid-19 outbreak to be a national emergency. Due to the covid-19 pandemic, caliber collision centers foundation focused on disaster relief during 2020 but plans to continue their other programs in future years.

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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DISASTER RELIEF
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE THE U.S. GRANTS GIVEN TO ORGANIZATIONS TO ASSIST IN THEIR STATED MISSIONS. SINCE THIS WAS TO AID IN THEIR PRIMARY GOALS, NO MONITORING WAS DEEMED NECESSARY. DURING 2020, THE ORGANIZATION MADE DISASTER RELIEF PAYMENTS DUE TO THE COVID-19 PANDEMIC. INDIVIDUALS DIRECTLY IMPACTED BY THE PANDEMIC WERE ABLE TO SEEK ASSISTANCE BY FILLING OUT AN ONLINE GRANT APPLICATION FORM. THE APPLICATION REQUIRED EXPLANATION OF HOW THE INDIVIDUAL WAS DIRECTLY IMPACTED BY THE COVID-19 PANDEMIC AND WHAT TYPE / AMOUNT OF EXPENSES THE INDIVIDUAL WAS REQUESTING ASSISTANCE FOR. THE APPLICATIONS WERE REVIEWED WEEKLY AND PAYMENTS WERE GRANTED TO INDIVIDUALS IF THE INTENDED PURPOSE WAS FOR REASONABLE AND NECESSARY PERSONAL, FAMILY OR LIVING EXPENSES INCURRED AS A RESULT OF THE PANDEMIC OR TO ENSURE THAT VICTIMS HAD THE BASIC NECESSITIES, SUCH AS FOOD, CLOTHING, HOUSING, TRANSPORTATION, AND MEDICAL CARE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ON MARCH 13, 2020, THE PRESIDENT DECLARED THE COVID-19 OUTBREAK TO BE A NATIONAL EMERGENCY. DUE TO THE COVID-19 PANDEMIC, CALIBER COLLISION CENTERS FOUNDATION FOCUSED ON DISASTER RELIEF DURING 2020 BUT PLANS TO CONTINUE THEIR OTHER PROGRAMS IN FUTURE YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS RELATIONSHIP ALL OF THE DIRECTORS REPORTED IN PART VII HAVE A BUSINESS RELATIONSHIP WITH ONE ANOTHER BY VIRTUE OF THEIR POSITIONS AS OFFICERS OF CALIBER COLLISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONTEMPORANEOUS DOCUMENTATION OF MEETINGS NO FORMAL MEETINGS WERE HELD BY THE FOUNDATION DURING 2020 AND THE FOUNDATION DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REFER TO NARRATIVE LISTED IN LINE 8A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 REVIEW PROCESS THE FOUNDATION WORKS WITH ITS CPA FIRM TO PREPARE THE FORM 990 RETURN ONCE A FINAL DRAFT IS AVAILABLE, IT IS SUBMITTED TO THE DIRECTOR OF ACCOUNTING FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE FOUNDATION HAS IMPLEMENTED A PUBLIC DISCLOSURE POLICY WHICH SETS OUT PROCEDURES FOR MAKING ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL DATA AVIALABLE FOR INSPECTION UPON REQUEST BY THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION OF OFFICERS, DIRECTORS, KEY AND HIGHEST COMPENSATED EMPLOYEES THE ORGANIZATION IS NOT REQUIRED TO REPORT COMPENSATION PAID BY CALIBER COLLISION, A RELATED ORGANIZATION, UNDER THE VOLUNTEER EXCEPTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII, SECTION A
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRANT THORNTON LLP
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ReturnHeader/PreparerPersonGrp/PhoneNum04142898200
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE L WEBER

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