Civic Intelligence

Robert Irvine Foundation Inc.

990 • Fiscal year 2018 • EIN 46-5420676

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 03, 2019

1227 N Franklin StreetTampa, FL 33602

(843) 842-6500

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

77th percentile

21%

Higher net margin than 77% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

97th percentile

357%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

248%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$78,137

Up $61,057 (+357%) from 2017

Net Assets

Up

$78,137

Up $61,057 (+357%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$295,777

Up $210,713 (+248%) from 2017

Expenses

Up

$234,720

Up $163,390 (+229%) from 2017

Net Income

Up

$61,057

Up $47,323 (+345%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $4,563Liabilities 2015: $1,214Net Assets 2015: $3,3492015Assets 2016: $3,346Liabilities 2016: $0Net Assets 2016: $3,3462016Assets 2017: $17,080Liabilities 2017: $0Net Assets 2017: $17,0802017Assets 2018: $78,137Liabilities 2018: $0Net Assets 2018: $78,1372018Assets 2019: $471,219Liabilities 2019: $2,653Net Assets 2019: $468,5662019Assets 2020: $577,791Liabilities 2020: $10,000Net Assets 2020: $567,7912020Assets 2021: $1,325,094Liabilities 2021: $83,181Net Assets 2021: $1,241,9132021Assets 2022: $1,380,003Liabilities 2022: $155,640Net Assets 2022: $1,224,3632022Assets 2023: $1,942,541Liabilities 2023: $280,690Net Assets 2023: $1,661,8512023Assets 2024: $2,119,021Liabilities 2024: $241,758Net Assets 2024: $1,877,2632024

Highlighted filing

2018

Assets$78,137
Liabilities$0
Net Assets$78,137

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 2015: $138,734Expenses 2015: $146,385Net Income 2015: -$7,6512015Revenue 2016: $227,247Expenses 2016: $227,251Net Income 2016: -$42016Revenue 2017: $85,064Expenses 2017: $71,330Net Income 2017: $13,7342017Revenue 2018: $295,777Expenses 2018: $234,720Net Income 2018: $61,0572018Revenue 2019: $575,336Expenses 2019: $184,907Net Income 2019: $390,4292019Revenue 2020: $996,203Expenses 2020: $896,978Net Income 2020: $99,2252020Revenue 2021: $2,082,025Expenses 2021: $1,406,668Net Income 2021: $675,3572021Revenue 2022: $2,572,790Expenses 2022: $2,590,340Net Income 2022: -$17,5502022Revenue 2023: $3,893,298Expenses 2023: $3,455,810Net Income 2023: $437,4882023Revenue 2024: $3,848,355Expenses 2024: $3,632,943Net Income 2024: $215,4122024

Highlighted filing

2018

Revenue$295,777
Expenses$234,720
Net Income$61,057
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 3, 2019
Return Version
2018v3.1
Gross Receipts
$295,777
Mission and Program Overview

Mission

To provide services and support for us military personnel and their families. Assistance to include, but not limited to, funding programs and charitable organizations that strive to improve and enrich our military personnel's quality of life. Will strive to create more awareness throughout the community of all the sacrifices made by our military personnel and their families, and to inspire more community support for our us military on a regular, routine basis. To provide financial and other support to deserving charitable organizations determined by the corporation's board of directors. To solicit contributions from the community, foundations and corporations in furtherance of the corporation's objectives, to prudently invest all funds received and, in the discretion of the board of directors or in accordance with any restrictions placed upon contributions received by the corporation, to disburse the net interest and principal in satisfaction of its operating expenditures and expenses

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,410$63,903▲ $54,493
Prepaid Expenses and Deferred Charges$7,670$14,234▲ $6,564
Total Assets$17,080$78,137▲ $61,057
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$17,080$78,137▲ $61,057
Total Net Assets Fund Balance$17,080$78,137▲ $61,057
Total Liabilities and Net Assets / Fund Balance$17,080$78,137▲ $61,057
Compensation and Service Providers

Board Members and Trustees

NameTitle
David ReidOfficer
Gail KimOfficer
Justin LeonardOfficer
Robert IrvineOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$294,777
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,000
All Other Contributions
$294,777
Change in Net Assets
$61,057

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 Amount
Other Non Cash Contri Table1$73,750
Total Noncash Contributions1$73,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$174,793
Other Expenses$59,927
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$165,500--$165,500
Travel$57,894--$57,894
Grants to Domestic Individuals$9,293--$9,293
Office Expenses$1,016$1,017-$2,033
Total Functional Expenses$233,703$1,017$0$234,720
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Uso of MetroFort Myers, VA--$40,000
Gary Sinese FoundationLos Angeles, CA--$32,500
Tragedy Assistance Program for SurvArlington, VA--$30,000
Valor Service DogsTampa, FL--$20,000
Allied Forces FoundationNe Leesburg, VA--$10,000
Crossroads CorralSanford, FL--$10,000
Three Hots and a CotBirmingham, AL--$10,000
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
Backup withholding compliance
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, Page 6, Part VI, Line 2

Robert irvine gail kim officer officer spouses robert irvine justin leonard officer officer business relationship

Form 990, Page 6, Part VI, Line 11B

An officer reviews the form 990 prior to signing.

Form 990, Page 6, Part VI, Line 19

Documents made available on website and upon request.

Filing and Contact Details

Filer

Filer Name
Robert Irvine Foundation Inc
EIN
46-5420676
Address
1227 N FRANKLIN STREET, TAMPA, FL 33602

Signing Officer

Name
Robert Irvine
Title
Officer
Signed
2019-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Irvine
Formed
2014
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Junecpa
Address
99 MAIN STREET, HILTON HEAD ISLAND, SC 29926
Preparer
Mark N June CPA
Phone
8438426500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide services and support for us military personnel and their families. Assistance to include, but not limited to, funding programs and charitable organizations that strive to improve and enrich our military personnel's quality of life. Will strive to create more awareness throughout the community of all the sacrifices made by our military personnel and their families, and to inspire more community support for our us military on a regular, routine basis. To provide financial and other support to deserving charitable organizations determined by the corporation's board of directors. To solicit contributions from the community, foundations and corporations in furtherance of the corporation's objectives, to prudently invest all funds received and, in the discretion of the board of directors or in accordance with any restrictions placed upon contributions received by the corporation, to disburse the net interest and principal in satisfaction of its operating expenditures and expenses and in support of meritorious projects which may further its objectives. To perform all other acts and carry on and conduct all other activities necessary or useful in connection with or incidental to the accomplishment of any of the purposes set forth herein to the full extent permitted by the laws of the state of florida and the corporate charter.

Form 990, Page 2, Part III, Line 4A

To provide services and support for us military personnel and their families. Assistance to include, but not limited to, funding programs and charitable organizations that strive to improve and enrich our military personnel's quality of life. Will strive to create more awareness throughout the community of all the sacrifices made by our military personnel and their families, and to inspire more community support for our us military on a regular, routine basis. To provide financial and other support to deserving charitable organizations determined by the corporation's board of directors. To solicit contributions from the community, foundations and corporations in furtherance of the corporation's objectives, to prudently invest all funds received and, in the discretion of the board of directors or in accordance with any restrictions placed upon contributions received by the corporation, to disburse the net interest and principal in satisfaction of its operating expenditures and expenses and in support of meritorious projects which may further its objectives. To perform all other acts and carry on and conduct all other activities necessary or useful in connection with or incidental to the accomplishment of any of the purposes set forth herein to the full extent permitted by the laws of the state of florida and the corporate charter.

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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41901 AVENUE OF THE STARS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE SERVICES AND SUPPORT FOR US MILITARY PERSONNEL AND THEIR FAMILIES. ASSISTANCE TO INCLUDE, BUT NOT LIMITED TO, FUNDING PROGRAMS AND CHARITABLE ORGANIZATIONS THAT STRIVE TO IMPROVE AND ENRICH OUR MILITARY PERSONNEL'S QUALITY OF LIFE. WILL STRIVE TO CREATE MORE AWARENESS THROUGHOUT THE COMMUNITY OF ALL THE SACRIFICES MADE BY OUR MILITARY PERSONNEL AND THEIR FAMILIES, AND TO INSPIRE MORE COMMUNITY SUPPORT FOR OUR US MILITARY ON A REGULAR, ROUTINE BASIS. TO PROVIDE FINANCIAL AND OTHER SUPPORT TO DESERVING CHARITABLE ORGANIZATIONS DETERMINED BY THE CORPORATION'S BOARD OF DIRECTORS. TO SOLICIT CONTRIBUTIONS FROM THE COMMUNITY, FOUNDATIONS AND CORPORATIONS IN FURTHERANCE OF THE CORPORATION'S OBJECTIVES, TO PRUDENTLY INVEST ALL FUNDS RECEIVED AND, IN THE DISCRETION OF THE BOARD OF DIRECTORS OR IN ACCORDANCE WITH ANY RESTRICTIONS PLACED UPON CONTRIBUTIONS RECEIVED BY THE CORPORATION, TO DISBURSE THE NET INTEREST AND PRINCIPAL IN SATISFACTION OF ITS OPERATING EXPENDITURES AND EXPENSES AND IN SUPPORT OF MERITORIOUS PROJECTS WHICH MAY FURTHER ITS OBJECTIVES. TO PERFORM ALL OTHER ACTS AND CARRY ON AND CONDUCT ALL OTHER ACTIVITIES NECESSARY OR USEFUL IN CONNECTION WITH OR INCIDENTAL TO THE ACCOMPLISHMENT OF ANY OF THE PURPOSES SET FORTH HEREIN TO THE FULL EXTENT PERMITTED BY THE LAWS OF THE STATE OF FLORIDA AND THE CORPORATE CHARTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROVIDE SERVICES AND SUPPORT FOR US MILITARY PERSONNEL AND THEIR FAMILIES. ASSISTANCE TO INCLUDE, BUT NOT LIMITED TO, FUNDING PROGRAMS AND CHARITABLE ORGANIZATIONS THAT STRIVE TO IMPROVE AND ENRICH OUR MILITARY PERSONNEL'S QUALITY OF LIFE. WILL STRIVE TO CREATE MORE AWARENESS THROUGHOUT THE COMMUNITY OF ALL THE SACRIFICES MADE BY OUR MILITARY PERSONNEL AND THEIR FAMILIES, AND TO INSPIRE MORE COMMUNITY SUPPORT FOR OUR US MILITARY ON A REGULAR, ROUTINE BASIS. TO PROVIDE FINANCIAL AND OTHER SUPPORT TO DESERVING CHARITABLE ORGANIZATIONS DETERMINED BY THE CORPORATION'S BOARD OF DIRECTORS. TO SOLICIT CONTRIBUTIONS FROM THE COMMUNITY, FOUNDATIONS AND CORPORATIONS IN FURTHERANCE OF THE CORPORATION'S OBJECTIVES, TO PRUDENTLY INVEST ALL FUNDS RECEIVED AND, IN THE DISCRETION OF THE BOARD OF DIRECTORS OR IN ACCORDANCE WITH ANY RESTRICTIONS PLACED UPON CONTRIBUTIONS RECEIVED BY THE CORPORATION, TO DISBURSE THE NET INTEREST AND PRINCIPAL IN SATISFACTION OF ITS OPERATING EXPENDITURES AND EXPENSES AND IN SUPPORT OF MERITORIOUS PROJECTS WHICH MAY FURTHER ITS OBJECTIVES. TO PERFORM ALL OTHER ACTS AND CARRY ON AND CONDUCT ALL OTHER ACTIVITIES NECESSARY OR USEFUL IN CONNECTION WITH OR INCIDENTAL TO THE ACCOMPLISHMENT OF ANY OF THE PURPOSES SET FORTH HEREIN TO THE FULL EXTENT PERMITTED BY THE LAWS OF THE STATE OF FLORIDA AND THE CORPORATE CHARTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROBERT IRVINE GAIL KIM OFFICER OFFICER SPOUSES ROBERT IRVINE JUSTIN LEONARD OFFICER OFFICER BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AN OFFICER REVIEWS THE FORM 990 PRIOR TO SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS MADE AVAILABLE ON WEBSITE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT IRVINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROBERT IRVINE FOUNDATION INC
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ReturnHeader/Filer/USAddress/AddressLine1Txt01227 N FRANKLIN STREET
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-06-17
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ReturnHeader/FilingSecurityInformation/IPTm013:39:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204046229
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JUNECPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt099 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HILTON HEAD ISLAND
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029926
ReturnHeader/PreparerPersonGrp/PhoneNum08438426500
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK N JUNE CPA
ReturnHeader/ReturnTs02019-06-17T13:39:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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