Civic Intelligence

Bob Hoover Legacy Foundation

990 • Fiscal year 2015 • EIN 46-5748095

Jan 01, 2015 to Dec 31, 2015 • Filed on May 04, 2016

Organization ProfileN/A
221 Circle DriveMaitland, FL 32751

(407) 644-8923

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

47th percentile

0.0%

Faster asset growth than 47% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Flat

$262,400

Flat from 2014

Net Assets

Flat

$262,400

Flat from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $266,295 (-100%) from 2014

Expenses

Down

$0

Down $3,895 (-100%) from 2014

Net Income

Down

$0

Down $262,400 (-100%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$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

2015

Assets$262,400
Liabilities$0
Net Assets$262,400
Open 2015 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income across loaded years, with this 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

2015

Revenue$0
Expenses$0
Net Income$0
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 4, 2016
Return Version
2015v2.1
Gross Receipts
$0
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 compentency with scholarships, and funding of organizations that promote aviation and the legacy of aviation.

The organization will promote the safe operation of aircraft, and to advance the art of flying to the level demonstrated by great pilots such as robert a. "bob" hoover. The foundation will work to perpetuate the knowledge and information needed to maintain that level of competency and to meld the art and science of flying, and to encourage that level of competency by preserving the legacy of robert a. "bob" hoover.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Assets Total$262,400$262,400→ $0
Total Assets$262,400$262,400→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$262,400$262,400→ $0
Total Net Assets Fund Balance$262,400$262,400→ $0
Total Liabilities and Net Assets / Fund Balance$262,400$262,400→ $0

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$262,400--
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Tracy ForrestSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
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, Part VI, Section B, Line 11

“The form 990 will be reviewed by the secretary/treasurer before it is filed”

Form 990, Part VI, Section C, Line 19

“Documents available to the public by sending requested copies of documents withing 30 days after receiving a request in writing.”

Form 990, Part VI, Line 19

“All documents subject to public disclosure rules will be disclosed upon request.”

Filing and Contact Details

Filer

Filer Name
Bob Hoover Legacy Foundation
EIN
46-5748095
Phone
4076448923
Address
221 CIRCLE DRIVE, MAITLAND, FL 32751

Signing Officer

Name
Tracy Forrest
Title
Director
Phone
4076448923
Signed
2016-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Forrest
Formed
2014
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Withumsmithbrown Pc
Address
1417 E CONCORD STREET, ORLANDO, FL 32803
Preparer
Russell Goldberg
Phone
4078491569
Raw XML Appendix242 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION WILL PROMOTE THE SAFE OPERATION OF AIRCRAFT, AND TO ADVANCE THE ART OF FLYING TO THE LEVEL DEMONSTRATED BY GREAT PILOTS SUCH AS ROBERT A. "BOB" HOOVER. THE FOUNDATION WILL WORK TO PERPETUATE THE KNOWLEDGE AND INFORMATION NEEDED TO MAINTAIN THAT LEVEL OF COMPETENCY AND TO MELD THE ART AND SCIENCE OF FLYING, AND TO ENCOURAGE THAT LEVEL OF COMPETENCY BY PRESERVING THE LEGACY OF ROBERT A. "BOB" HOOVER.
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TRACY FORREST
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IRS990/Desc0THE 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.
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IRS990/GrossReceiptsAmt00
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd00
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IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0262400
IRS990/NetAssetsOrFundBalancesEOYAmt0262400
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
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IRS990/OtherAssetsTotalGrp/BOYAmt0262400
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IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0266295
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0266295
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0266295
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0266295
IRS990ScheduleA/Total509Grp/TotalAmt0266295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0266295
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0266295
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0262400
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DOCUMENTARY FILM - BOB HOOVER
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0262400
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE REVIEWED BY THE SECRETARY/TREASURER BEFORE IT IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS AVAILABLE TO THE PUBLIC BY SENDING REQUESTED COPIES OF DOCUMENTS WITHING 30 DAYS AFTER RECEIVING A REQUEST IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS SUBJECT TO PUBLIC DISCLOSURE RULES WILL BE DISCLOSED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
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IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TRACY FORREST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04076448923
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOB HOOVER LEGACY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BOBH
ReturnHeader/Filer/EIN0465748095
ReturnHeader/Filer/PhoneNum04076448923
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01417 E CONCORD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ORLANDO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032803
ReturnHeader/PreparerPersonGrp/PhoneNum04078491569
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUSSELL GOLDBERG
ReturnHeader/ReturnTs02016-08-22T06:43:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$262,400
Liabilities
$0
Net assets
$262,400
Revenue
$0
Expenses
$0
Net income
$0
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