Civic Intelligence

Michael E Porter Family Foundation

990PF • Fiscal year 2017 • EIN 47-6693100

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

PO Box 10879Albany, NY 12201

(617) 495-6309

Siviq Scores

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

Liabilities / Assets

81st percentile

0.00x

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

2017 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.00x

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

2017 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2017

Net Margin

75th percentile

64%

Higher net margin than 75% of similar nonprofits.

2017 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2017 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2017

Asset Growth

68th percentile

9.3%

Faster asset growth than 68% of similar nonprofits.

2017 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2015 to 2017

Revenue Growth

28th percentile

-12%

Faster revenue growth than 28% of similar nonprofits.

2017 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2015 to 2017

Assets

Up

$2,053,554

Up $334,704 (+19%) from 2015

Net Assets

$2,053,554

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$476,337

Down $140,521 (-23%) from 2015

Expenses

Down

$173,362

Down $2,248 (-1.3%) from 2015

Net Income

Down

$302,975

Down $138,273 (-31%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2015: $1,718,850Liabilities 2015: $02015Assets 2017: $2,053,554Liabilities 2017: $0Net Assets 2017: $2,053,5542017Assets 2018: $4,054,868Liabilities 2018: $0Net Assets 2018: $4,054,8682018Assets 2019: $4,192,923Liabilities 2019: $0Net Assets 2019: $4,192,9232019Assets 2020: $3,849,080Liabilities 2020: $0Net Assets 2020: $3,849,0802020Assets 2021: $3,848,184Liabilities 2021: $0Net Assets 2021: $3,848,1842021Assets 2022: $6,788,721Liabilities 2022: $0Net Assets 2022: $6,788,7212022Assets 2023: $12,260,797Liabilities 2023: $0Net Assets 2023: $12,260,7972023Assets 2024: $15,729,562Liabilities 2024: $0Net Assets 2024: $15,729,5622024

Highlighted filing

2017

Assets$2,053,554
Liabilities$0
Net Assets$2,053,554

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $616,858Expenses 2015: $175,610Net Income 2015: $441,2482015Revenue 2017: $476,337Expenses 2017: $173,362Net Income 2017: $302,9752017Revenue 2018: $2,429,828Expenses 2018: $428,514Net Income 2018: $2,001,3142018Revenue 2019: $377,262Expenses 2019: $239,207Net Income 2019: $138,0552019Revenue 2020: -$193,186Expenses 2020: $150,657Net Income 2020: -$343,8432020Revenue 2021: $51,669Expenses 2021: $52,565Net Income 2021: -$8962021Revenue 2022: $3,115,618Expenses 2022: $175,081Net Income 2022: $2,940,5372022Revenue 2023: $5,865,822Expenses 2023: $393,746Net Income 2023: $5,472,0762023Revenue 2024: $4,165,325Expenses 2024: $696,560Net Income 2024: $3,468,7652024

Highlighted filing

2017

Revenue$476,337
Expenses$173,362
Net Income$302,975
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael E PorterTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Michael E Porter Family Foundation
EIN
47-6693100
In Care Of
% INDEPENDENT FAMILY OFFICE L
Phone
6174956309
Address
PO Box 10879, Albany, NY 12201

Signing Officer

Name
Michael E Porter
Title
Trustee
Phone
6173847999
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Independent Family Office LLC
Address
677 Broadway 7th Floor, Albany, NY 12207
Preparer
Stephen M Cutting
Phone
5184528050
Raw XML Appendix382 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.

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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1GENERAL CHARITABLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2General charitable
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3GENERAL CHARITABLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4FELLOWSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0BOSTON BOOK FESTIVAL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1INTERNATIONAL CONSORTIUM FOR HEALTH OUTCOMES MEASU
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2INITIATIVE FOR A COMPETITIVE INNER CITY INC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3TRUSTEES OF PRINCETON UNIVERSITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4HARVARD UNIVERSITY
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt032R ESSEX STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt114 ARROW ST STE 11
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt256 Warren Street Suite 300
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt3701 CARNEGIE CENTER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt4124 MOUNT AUBURN STREET
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2Roxbury
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3PRINCETON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4CAMBRIDGE
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IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0170000
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt079162
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt079162
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt0144705
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt098018
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0333561
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt090838
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt0144705
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt098018
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt00
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02015
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02014
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02013
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0170000
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt090838
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0333561
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0242723
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
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IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0MICHAEL E PORTER
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm1MICHAEL E PORTER
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0LUDCKE HOUSE 10 SOLDIERS FIELD ROAD
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt1LUDCKE HOUSE 10 SOLDIERS FIELD ROAD
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0BOSTON
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm1BOSTON
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0MA
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd002163
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd102163
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd1X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt096942
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt1343422
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum01
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum12
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt096942
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt1343422
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc01518 SHARES OF BRADY CORP 146 SHARES OF CATERPILLAR 359 SHARES OF INTERNATIONAL PAPER
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc11500 SHARES OF SCOTTS MIRACLE GRO CO 777 SHARES OF THERMO FISHER SCIENTIFIC 1180 SHARES OF TAIWAN SE
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt02017-11-14
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt12017-11-13
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherIncomeSchedule2/OtherIncomeDetail/Desc0US TREASURY TAX REFUND
OtherIncomeSchedule2/OtherIncomeDetail/Desc12015 NYS UBT REFUND
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt01208
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt1250
TaxesSchedule/TaxesDetail/Amt0524
TaxesSchedule/TaxesDetail/Amt1250
TaxesSchedule/TaxesDetail/Amt21100
TaxesSchedule/TaxesDetail/Amt31208
TaxesSchedule/TaxesDetail/Amt4125
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAXES
TaxesSchedule/TaxesDetail/CategoryTxt1NYS DEPT. OF LAW (FILING FEE)
TaxesSchedule/TaxesDetail/CategoryTxt2FEDERAL EXTENSION PAYMENT
TaxesSchedule/TaxesDetail/CategoryTxt32016 FED OVERPAYMENT APPLIED
TaxesSchedule/TaxesDetail/CategoryTxt4MA ATTY GENERAL (FILING FEE)
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL E PORTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06173847999
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Michael E Porter Family Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0476693100
ReturnHeader/Filer/InCareOfNm0% INDEPENDENT FAMILY OFFICE L
ReturnHeader/Filer/PhoneNum06174956309
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 10879
ReturnHeader/Filer/USAddress/CityNm0Albany
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012201
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03934768CC4C6C7C66B96C92226D1AA4821F5745E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02EBD7B0BFB4C87879D78B81B0134378D088176CB
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId014293720181355000001
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-05-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.252.11.149
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Independent Family Office LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0677 Broadway 7th Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Albany
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012207
ReturnHeader/PreparerPersonGrp/PhoneNum05184528050
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stephen M Cutting
ReturnHeader/ReturnTs02018-05-15T07:03:38-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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