Civic Intelligence

Colonial Flag Foundation

990 • Fiscal year 2019 • EIN 47-0926217

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 03, 2020

9362 South 300 WestSandy, UT 84070-2651

(801) 256-3639

Siviq Scores

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

Liabilities / Assets

98th percentile

3.60x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.10x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

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

Top Officer Pay

89th percentile

$38,579

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

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

Asset Growth

5th percentile

-75%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

38th percentile

-6.8%

Faster revenue growth than 38% of similar nonprofits.

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

Assets

Down

$9,172

Down $28,052 (-75%) from 2018

Net Assets

Down

-$23,847

Down $46,749 (-204%) from 2018

Liabilities

Up

$33,019

Up $18,697 (+131%) from 2018

Revenue

Down

$328,273

Down $23,988 (-6.8%) from 2018

Expenses

Up

$375,022

Up $19,554 (+5.5%) from 2018

Net Income

Down

-$46,749

Down $43,542 (-1358%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2010: $64,765Liabilities 2010: $209,468Net Assets 2010: -$144,7032010Assets 2011: $13,447Liabilities 2011: $288,827Net Assets 2011: -$275,3802011Assets 2012: $16,982Liabilities 2012: $185,606Net Assets 2012: -$168,6242012Assets 2013: $4,616Liabilities 2013: $170,131Net Assets 2013: -$165,5152013Assets 2014: $1,548Liabilities 2014: $100,313Net Assets 2014: -$98,7652014Assets 2015: $9,513Liabilities 2015: $59,827Net Assets 2015: -$50,3142015Assets 2016: $41,446Liabilities 2016: $5,344Net Assets 2016: $36,1022016Assets 2017: $33,609Liabilities 2017: $7,500Net Assets 2017: $26,1092017Assets 2018: $37,224Liabilities 2018: $14,322Net Assets 2018: $22,9022018Assets 2019: $9,172Liabilities 2019: $33,019Net Assets 2019: -$23,8472019Assets 2020: $23,862Liabilities 2020: $98,725Net Assets 2020: -$74,8632020Assets 2021: $56,516Liabilities 2021: $212,343Net Assets 2021: -$155,8272021Assets 2022: $35,165Liabilities 2022: $242,826Net Assets 2022: -$207,6612022Assets 2023: $53,379Liabilities 2023: $333,952Net Assets 2023: -$280,5732023Assets 2024: $29,962Liabilities 2024: $205,226Net Assets 2024: -$175,2642024

Highlighted filing

2019

Assets$9,172
Liabilities$33,019
Net Assets-$23,847

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $411,995Expenses 2010: $421,725Net Income 2010: -$9,7302010Expenses 2011: $776,3902011Revenue 2012: $305,855Expenses 2012: $199,099Net Income 2012: $106,7562012Revenue 2013: $352,916Expenses 2013: $349,807Net Income 2013: $3,1092013Revenue 2014: $373,216Expenses 2014: $306,466Net Income 2014: $66,7502014Revenue 2015: $232,862Expenses 2015: $184,411Net Income 2015: $48,4512015Revenue 2016: $446,849Expenses 2016: $360,433Net Income 2016: $86,4162016Revenue 2017: $313,206Expenses 2017: $323,199Net Income 2017: -$9,9932017Revenue 2018: $352,261Expenses 2018: $355,468Net Income 2018: -$3,2072018Revenue 2019: $328,273Expenses 2019: $375,022Net Income 2019: -$46,7492019Revenue 2020: $290,966Expenses 2020: $341,982Net Income 2020: -$51,0162020Revenue 2021: $512,586Expenses 2021: $593,550Net Income 2021: -$80,9642021Revenue 2022: $498,475Expenses 2022: $550,309Net Income 2022: -$51,8342022Revenue 2023: $420,921Expenses 2023: $493,833Net Income 2023: -$72,9122023Revenue 2024: $509,379Expenses 2024: $405,097Net Income 2024: $104,2822024

Highlighted filing

2019

Revenue$328,273
Expenses$375,022
Net Income-$46,749
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 3, 2020
Return Version
2019v5.0
Gross Receipts
$328,273
Mission and Program Overview

Mission

Bring patriotism civic education and issue awareness to communities programs are catalysts to volunteerism education unity and fund raisin provide resourses for communities to establish unity and patriot

Promoting education about flags providing charitable activities related to the values symbolized by state and national flags

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$300,000$300,000→ $0
Accounts Receivable$19,444$5,380▼ $14,064
Cash and Non-Interest-Bearing Accounts$16,312$2,324▼ $13,988
Land, Buildings, and Equipment, Net$1,468$1,468→ $0
Rtn Earn Endowment Incm Other Fnds$-277,098$-323,847▼ $46,749
Total Assets$37,224$9,172▼ $28,052
Liabilities
Mortgage Notes Payable Secured by Investment Property-$33,019-
Accounts Payable and Accrued Expenses$14,322--
Total Liabilities$14,322$33,019▲ $18,697
Net Assets / Fund Balance
Total Net Assets Fund Balance$22,902$-23,847▼ $46,749
Total Liabilities and Net Assets / Fund Balance$37,224$9,172▼ $28,052

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,468$4,539-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
StaceyRogersFT$38,579$38,579
Mary EllenSwensonFT$26,697$26,697
JohnHartvigsenPT$17,003$17,003

Board Members and Trustees

NameTitle
BrentAshworth
GordyEwell
RonFox
MatthewHufford
ValerieKelly
JosephKerry
ElizabethSwenson
PaulSwenson
Revenue and Support

Revenue Composition

Contributions and Grants
$2,208
Program Service Revenue
$326,065
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,208
Change in Net Assets
$-46,749
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$290,356
Salaries, Compensation, and Employee Benefits$82,279
Grants and Similar Amounts Paid$2,387
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$214,259--$214,259
Current Officers, Directors, Trustees, and Key Employees$74,051$8,228-$82,279
Fees for Services Management$24,050$2,672-$26,722
Fees for Services Legal$25,583--$25,583
Information Technology$8,498$8,499-$16,997
Grants to Domestic Orgs$2,387--$2,387
Insurance$2,001--$2,001
Office Expenses$1,088--$1,088
Total Functional Expenses$355,623$19,399$0$375,022
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

Part VI Line 2

Paul swenson and elizabeth swenson are married paul swenson and mary ellen swenson are siblings

Part VI Line 8A and Line 8B

All meetings and decisions are written and emailed to trustees and key employees for action execution

Part VI Line 11B

Copies of 990 are scanned and emailed to board memebers and key officers

Part VI Line 12C

Each trustee and key employee is given a copy of policy discussion of conflicts is the first item in each meeting

Filing and Contact Details

Filer

Filer Name
Colonial Flag Foundation
EIN
47-0926217
Phone
8012563639
Address
9362 SOUTH 300 WEST, SANDY, UT 84070-2651

Signing Officer

Name
Paul Swenson
Title
Manager
Signed
2020-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Swenson
Formed
2003
Legal Domicile
Ut
Voting Board Members
8
Independent Board Members
8
Employees
3

Preparer

Firm
John R Brown CPA Pc
Address
13996 OLD DOBBIN LANE, DRAPER, UT 84020
Preparer
John R Brown
Phone
8015180911
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0446849
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0232862
IRS990ScheduleA/Total509Grp/TotalAmt01705139
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0328273
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0352261
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0344894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0446849
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0232862
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01705139
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01468
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04539
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06007
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01468
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAUL SWENSON AND ELIZABETH SWENSON ARE MARRIED PAUL SWENSON AND MARY ELLEN SWENSON ARE SIBLINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEETINGS AND DECISIONS ARE WRITTEN AND EMAILED TO TRUSTEES AND KEY EMPLOYEES FOR ACTION EXECUTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF 990 ARE SCANNED AND EMAILED TO BOARD MEMEBERS AND KEY OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH TRUSTEE AND KEY EMPLOYEE IS GIVEN A COPY OF POLICY DISCUSSION OF CONFLICTS IS THE FIRST ITEM IN EACH MEETING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI LINE 8A AND LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI LINE 12C
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt037224
IRS990/TotalAssetsEOYAmt09172
IRS990/TotalAssetsGrp/BOYAmt037224
IRS990/TotalAssetsGrp/EOYAmt09172
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02208
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019399
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0355623
IRS990/TotalFunctionalExpensesGrp/TotalAmt0375022
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014322
IRS990/TotalLiabilitiesEOYAmt033019
IRS990/TotalLiabilitiesGrp/BOYAmt014322
IRS990/TotalLiabilitiesGrp/EOYAmt033019
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt022902
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-23847
IRS990/TotalProgramServiceExpensesAmt0355623
IRS990/TotalProgramServiceRevenueAmt0326065
IRS990/TotalReportableCompFromOrgAmt082279
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0326065
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0328273
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt037224
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09172
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09262 SOUTH 300 WEST
IRS990/USAddress/CityNm0SANDY
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084070
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL SWENSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COLONIAL FLAG FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0COLO
ReturnHeader/Filer/EIN0470926217
ReturnHeader/Filer/PhoneNum08012563639
ReturnHeader/Filer/USAddress/AddressLine1Txt09362 SOUTH 300 WEST
ReturnHeader/Filer/USAddress/CityNm0SANDY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd0840702651
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330088119
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN R BROWN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013996 OLD DOBBIN LANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DRAPER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084020
ReturnHeader/PreparerPersonGrp/PhoneNum08015180911
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN R BROWN
ReturnHeader/ReturnTs02021-09-06T11:42:54-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$2.05$1.75$5.09$4.05$1.04
2023Detailed filing. Detailed filing data is available for this year.$0.53$3.34$2.81$4.21$4.94$0.73
2022Detailed filing. Detailed filing data is available for this year.$0.35$2.43$2.08$4.98$5.50$0.52
2021Detailed filing. Detailed filing data is available for this year.$0.57$2.12$1.56$5.13$5.94$0.81
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.99$0.75$2.91$3.42$0.51
2019Detailed filing. Detailed filing data is available for this year.$0.09$0.33$0.24$3.28$3.75$0.47
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.14$0.23$3.52$3.55$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.34$0.08$0.26$3.13$3.23$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.05$0.36$4.47$3.60$0.86
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.60$0.50$2.33$1.84$0.48
2014Detailed filing. Detailed filing data is available for this year.$0.02$1.00$0.99$3.73$3.06$0.67
2013Summary only. Only limited summary data is available for this year.$0.05$1.70$1.66$3.53$3.50$0.03
2012Summary only. Only limited summary data is available for this year.$0.17$1.86$1.69$3.06$1.99$1.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$2.89$2.75$7.76
2010Summary only. Only limited summary data is available for this year.$0.65$2.09$1.45$4.12$4.22$0.10