Civic Intelligence

Bob Hoover Legacy Foundation

EIN 46-5748095 • 501(c)3 • Maitland, FL

Profile

To educate the next generation on the art of flying as demonstrated by the life and accomplishments of robert a. "bob" hoover. To support a higher level of aviation compentency with scholarships, and funding of organizations that promote aviation and the legacy of aviation.

221 Circle DriveMaitland, FL 32751

n/A

Siviq Scores

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

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

0.22x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

17th percentile

-35%

Higher net margin than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

47th percentile

-4.0%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

25th percentile

-35%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$292,001

Down $12,135 (-4.0%) from 2018

Liabilities

Up

$20,000

Up $20,000 from 2018

Net Assets

Down

$272,001

Down $32,135 (-11%) from 2018

Operations
Liabilities / Revenue87th percentileNet Margin17th percentile

Revenue

Down

$91,714

Down $49,221 (-35%) from 2018

Expenses

Up

$123,849

Up $23,657 (+24%) from 2018

Net Income

Down

-$32,135

Down $72,878 (-179%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

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

$400K$300K$200K$100K$0Assets 2014: $262,400Liabilities 2014: $0Net Assets 2014: $262,4002014Assets 2015: $262,400Liabilities 2015: $0Net Assets 2015: $262,4002015Assets 2016: $264,191Liabilities 2016: $0Net Assets 2016: $264,1912016Assets 2017: $263,393Liabilities 2017: $0Net Assets 2017: $263,3932017Assets 2018: $304,136Liabilities 2018: $0Net Assets 2018: $304,1362018Assets 2019: $292,001Liabilities 2019: $20,000Net Assets 2019: $272,0012019

Highlighted filing

2019

Assets$292,001
Liabilities$20,000
Net Assets$272,001
Open 2019 Filing

Operations Trend

Revenue Growth25th percentile

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

$300K$200K$100K$0-$100KRevenue 2014: $266,295Expenses 2014: $3,895Net Income 2014: $262,4002014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $29,000Expenses 2016: $27,209Net Income 2016: $1,7912016Revenue 2017: $55,000Expenses 2017: $55,798Net Income 2017: -$7982017Revenue 2018: $140,935Expenses 2018: $100,192Net Income 2018: $40,7432018Revenue 2019: $91,714Expenses 2019: $123,849Net Income 2019: -$32,1352019

Highlighted filing

2019

Revenue$91,714
Expenses$123,849
Net Income-$32,135
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$292,001
Liabilities
$20,000
Net assets
$272,001
Revenue
$91,714
Expenses
$123,849
Net income
-$32,135
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$2.92$0.20$2.72$0.92$1.24$0.32
2018Detailed filing. Detailed filing data is available for this year.$3.04$0.00$3.04$1.41$1.00$0.41
2017Detailed filing. Detailed filing data is available for this year.$2.63$0.00$2.63$0.55$0.56$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.64$0.00$2.64$0.29$0.27$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$2.66$0.04$2.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 15, 2020
Return Version
2019v5.1
Gross Receipts
$91,714
Mission and Program Overview

Mission

To educate the next generation on the art of flying as demonstrated by the life and accomplishments of robert a. "bob" hoover. To support a higher level of aviation competency with scholarships, and funding of organizations that promote aviation and the legacy of aviation.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROVIDES EDUCATIONAL SCHOLARSHIPS TO INDIVIDUALS WHO ARE PURSUING A CAREER IN AVIATION AND ARE ATTENDING AN AVIATION-RELATED EDUCATIONAL INSTITUTION. THE PURPOSE FOR THE SCHOLARSHIPS IS TO MAKE THIS TYPE OF EDUCATION AVAILABLE TO THOSE WHO WOULD OTHERWISE NOT BE ABLE TO AFFORD THE TRAINING AND EDUCATION REQUIRED FOR A CAREER IN AVIATION.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TRACY FORRESTSecretary/TreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Bob Hoover Legacy Foundation
EIN
46-5748095
In Care Of
% TRACY FORREST
Phone
4076448923
Address
221 CIRCLE DRIVE, MAITLAND, FL 32751

Signing Officer

Name
Tracy Forrest
Title
Director
Phone
4076448923
Signed
2020-06-15
Discuss with paid preparer
Yes

Preparer

Firm
Withumsmithbrownpc
Address
200 S ORANGE AVESTE 1200, ORLANDO, FL 32801-3400
Preparer
Russell Goldberg CPA
Phone
4078491569
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 10

“Donees name:erau scholarship donees address:600 south clyde morris blvd relationship:none purpose of payment:further education of future aviators amount:50000”

Form 990EZ Part I Line 16

“Description:ADVERTISING Amount:500”

Form 990EZ Part I Line 16

“Description:MISCELLANEOUS Amount:157”

Form 990EZ Part I Line 16

“Description:BANK CHARGES Amount:86”

Form 990EZ Part I Line 16

“Description:CONTRACT LABOR Amount:72496”

Form 990EZ Part I Line 16

“Description:TAXES Amount:10”

Form 990EZ Part II Line 24

“Description:DOCUMENTARY FILM - BOB HOOVER BOY Amount:262400 EOY Amount:262400”

Raw XML Appendix161 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/PersonNm0TRACY FORREST
IRS990EZ/BooksInCareOfDetail/PhoneNum04076448923
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0221 CIRCLE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MAITLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd032751
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt041736
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029601
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt091714
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-32135
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0600
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0304136
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0292001
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt050000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt091714
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0304136
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0272001
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0304136
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0272001
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt07.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TRACY FORREST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY/TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0262400
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0262400
IRS990EZ/OtherExpensesTotalAmt073249
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO EDUCATE THE NEXT GENERATION ON THE ART OF FLYING AS DEMONSTRATED BY THE LIFE AND ACCOMPLISHMENTS OF ROBERT A. "BOB" HOOVER. TO SUPPORT A HIGHER LEVEL OF AVIATION COMPETENCY WITH SCHOLARSHIPS, AND FUNDING OF ORGANIZATIONS THAT PROMOTE AVIATION AND THE LEGACY OF AVIATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION PROVIDES EDUCATIONAL SCHOLARSHIPS TO INDIVIDUALS WHO ARE PURSUING A CAREER IN AVIATION AND ARE ATTENDING AN AVIATION-RELATED EDUCATIONAL INSTITUTION. THE PURPOSE FOR THE SCHOLARSHIPS IS TO MAKE THIS TYPE OF EDUCATION AVAILABLE TO THOSE WHO WOULD OTHERWISE NOT BE ABLE TO AFFORD THE TRAINING AND EDUCATION REQUIRED FOR A CAREER IN AVIATION.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt020000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0123849
IRS990EZ/TotalRevenueAmt091714
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt091714
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0140935
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt055000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt029000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0316649
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0316649
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt091714
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0140935
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt055000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt029000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0316649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt091714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0140935
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt055000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt029000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0316649
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/ExplanationTxt0DONEES NAME:ERAU SCHOLARSHIP DONEES ADDRESS:600 SOUTH CLYDE MORRIS BLVD RELATIONSHIP:NONE PURPOSE OF PAYMENT:FURTHER EDUCATION OF FUTURE AVIATORS AMOUNT:50000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:ADVERTISING Amount:500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:MISCELLANEOUS Amount:157
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:BANK CHARGES Amount:86
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:CONTRACT LABOR Amount:72496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:TAXES Amount:10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description:DOCUMENTARY FILM - BOB HOOVER BOY Amount:262400 EOY Amount:262400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990EZ PART II LINE 24
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TRACY FORREST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04076448923
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOB HOOVER LEGACY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BOBH
ReturnHeader/Filer/EIN0465748095
ReturnHeader/Filer/InCareOfNm0% TRACY FORREST
ReturnHeader/Filer/PhoneNum04076448923
ReturnHeader/Filer/USAddress/AddressLine1Txt0221 CIRCLE DRIVE
ReturnHeader/Filer/USAddress/CityNm0MAITLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032751
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId073D460822634B4CC74D538AC1DA2CED21CA50ECB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02E12BAE9C94A6120259ED36E492B7741ACFD6401
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId022006220201675000196
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-06-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.155.243.238
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WITHUMSMITHBROWNPC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 S ORANGE AVESTE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ORLANDO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0328013400
ReturnHeader/PreparerPersonGrp/PhoneNum04078491569
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUSSELL GOLDBERG CPA
ReturnHeader/ReturnTs02020-06-15T11:34:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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