Civic Intelligence

The Charro Foundation

990 • Fiscal year 2019 • EIN 51-0168210

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 10, 2020

10533 East Lakeview DrScottsdale, AZ 85258

(480) 990-2977

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

52nd percentile

3.7%

Faster asset growth than 52% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

14th percentile

-21%

Faster revenue growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,860,703

Up $171,824 (+3.7%) from 2018

Net Assets

Up

$4,860,613

Up $214,980 (+4.6%) from 2018

Liabilities

Down

$90

Down $43,156 (-100%) from 2018

Revenue

Down

$1,060,078

Down $273,864 (-21%) from 2018

Expenses

Down

$845,098

Down $90,588 (-9.7%) from 2018

Net Income

Down

$214,980

Down $183,276 (-46%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,395,646Liabilities 2011: $1,500Net Assets 2011: $3,394,1462011Assets 2012: $3,399,567Liabilities 2012: $34,000Net Assets 2012: $3,365,5672012Assets 2013: $4,148,090Liabilities 2013: $217,500Net Assets 2013: $3,930,5902013Assets 2014: $3,810,909Liabilities 2014: $148,266Net Assets 2014: $3,662,6432014Assets 2015: $3,470,870Liabilities 2015: $75,063Net Assets 2015: $3,395,8072015Assets 2017: $4,258,377Liabilities 2017: $11,000Net Assets 2017: $4,247,3772017Assets 2018: $4,688,879Liabilities 2018: $43,246Net Assets 2018: $4,645,6332018Assets 2019: $4,860,703Liabilities 2019: $90Net Assets 2019: $4,860,6132019Assets 2020: $4,881,940Liabilities 2020: $10,000Net Assets 2020: $4,871,9402020Assets 2021: $6,115,545Liabilities 2021: $0Net Assets 2021: $6,115,5452021Assets 2022: $5,161,539Liabilities 2022: $31,317Net Assets 2022: $5,130,2222022Assets 2023: $5,411,761Liabilities 2023: $102,777Net Assets 2023: $5,308,9842023Assets 2024: $6,279,136Liabilities 2024: $22,006Net Assets 2024: $6,257,1302024Assets 2025: $6,949,453Liabilities 2025: $54,355Net Assets 2025: $6,895,0982025

Highlighted filing

2019

Assets$4,860,703
Liabilities$90
Net Assets$4,860,613

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $687,8082011Revenue 2012: $474,264Expenses 2012: $502,843Net Income 2012: -$28,5792012Expenses 2013: $602,7312013Revenue 2014: $635,050Expenses 2014: $902,997Net Income 2014: -$267,9472014Revenue 2015: $398,911Expenses 2015: $665,747Net Income 2015: -$266,8362015Revenue 2017: $1,721,986Expenses 2017: $896,438Net Income 2017: $825,5482017Revenue 2018: $1,333,942Expenses 2018: $935,686Net Income 2018: $398,2562018Revenue 2019: $1,060,078Expenses 2019: $845,098Net Income 2019: $214,9802019Revenue 2020: $747,691Expenses 2020: $736,364Net Income 2020: $11,3272020Revenue 2021: $1,787,665Expenses 2021: $544,060Net Income 2021: $1,243,6052021Revenue 2022: $771,854Expenses 2022: $1,757,177Net Income 2022: -$985,3232022Revenue 2023: $1,099,169Expenses 2023: $920,407Net Income 2023: $178,7622023Revenue 2024: $2,103,680Expenses 2024: $1,188,364Net Income 2024: $915,3162024Revenue 2025: $2,526,456Expenses 2025: $1,888,488Net Income 2025: $637,9682025

Highlighted filing

2019

Revenue$1,060,078
Expenses$845,098
Net Income$214,980
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 10, 2020
Return Version
2018v3.1
Gross Receipts
$1,060,078
Mission and Program Overview

Mission

SUPPORT CHARITABLE & EDUCATIONAL PURPOSES OF SCOTTSDALE CHARROS, INC. BY PROVIDING GRANTS TO QUALIFIED RECIPIENTS. THIS INCLUDES SCHOOLS AND INDIVIDUALS INTERESTED IN TEACHING AND OTHER 501(c)3 COMMUNITY ORGANIZATIONS.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,221,747$4,388,629▲ $166,882
Cash and Non-Interest-Bearing Accounts$461,211$451,402▼ $9,809
Accounts Receivable$5,921$20,672▲ $14,751
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,688,879$4,860,703▲ $171,824
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$43,246$90▼ $43,156
Total Liabilities$43,246$90▼ $43,156
Net Assets / Fund Balance
Unrestricted Net Assets$4,543,633$4,758,613▲ $214,980
Temporarily Rstr Net Assets$102,000$102,000→ $0
Total Net Assets Fund Balance$4,645,633$4,860,613▲ $214,980
Total Liabilities and Net Assets / Fund Balance$4,688,879$4,860,703▲ $171,824
Compensation and Service Providers

Board Members and Trustees

NameTitle
David WestraPresident
Todd PetersonVice President
Bill AustDirector
Chris WattsDirector
Dan PostalDirector
John FelixDirector
Ken HarderDirector
Kim HartmannDirector
Kurt BruecknerDirector
Melinda GulickDirector
Nick RoeDirector
Roger MaxwellDirector
Ryan SchubertDirector
Tim CowdreyDirector
Kevin SeaboltSecretary
Dan NillenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$893,020
Program Service Revenue
$0
Investment Income
$167,058
Other Revenue
$0
All Other Contributions
$893,020
Change in Net Assets
$214,980

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,060,078
Total Revenue per Audited Statements
$1,060,078
Total Revenue per Form 990
$1,060,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$542,255
Other Expenses$302,843
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$488,755--$488,755
Grants to Domestic Individuals$53,500--$53,500
Fees for Services Accounting-$7,445-$7,445
Office Expenses-$174-$174
Other Expenses$240,011$170-$170
All Other Expenses-$7-$7
Total Functional Expenses$782,266$62,832$0$845,098

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$845,098
Total Expenses per Audited Statements$845,098
Total Expenses per Form 990$845,098
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boys & Girls Clubs of GreaterScottsdale, AZ-Education$75,000
Health World Arizona-horsenseScottsdale, AZ-Education$25,000
Miracle League of ArizonaScottsdale, AZ-Civic$25,000
StarsScottsdale, AZ-Civic$20,000
Family Promise - Greater PhoeScottsdale, AZ-Civic$15,000
Phoenix Theatre IncPhoenix, AZ-Civic$10,000
Scottsdale Community PlayersScottsdale, AZ-Civic$10,000
Operation Fix It - City ofScottsdale, AZ-Civic$6,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The sole member of the corporation is the scottsdale charros, inc., an arizona nonprofit corporation.

Form 990, Part VI, Line 11B: Form 990 Review Process

The process for review of the form 990 involves a full review by board members.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

There is an annual written disclosure that must be completed by officers, trustees, directors, and key employees.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Charro Foundation
EIN
51-0168210
Phone
4809902977
Address
10533 EAST LAKEVIEW DR, SCOTTSDALE, AZ 85258

Signing Officer

Name
David Westra
Title
President
Signed
2020-02-10
Discuss with paid preparer
Yes

Organization Details

Formed
1986
Legal Domicile
Az
Voting Board Members
17
Independent Board Members
17
Employees
0

Preparer

Firm
Ginsburg & Dwaileebe Cpas Llp
Address
1530 E Williams Field Rd Ste 201, Gilbert, AZ 85295
Preparer
Mark Christensen CPA
Phone
6028268640
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IRS990/Form990PartVIISectionAGrp/TitleTxt14Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt15Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16Vice President
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IRS990/FormationYr01986
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SUPPORT CHARITABLE & EDUCATIONAL PURPOSES OF SCOTTSDALE CHARROS, INC. BY PROVIDING GRANTS TO QUALIFIED RECIPIENTS. THIS INCLUDES SCHOOLS AND INDIVIDUALS INTERESTED IN TEACHING AND OTHER 501(c)3 COMMUNITY ORGANIZATIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0174
IRS990/OfficeExpensesGrp/TotalAmt0174
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0SCHWAB CUP EXPENSE
IRS990/OtherExpensesGrp/Desc1FEES
IRS990/OtherExpensesGrp/Desc2ADMIN
IRS990/OtherExpensesGrp/Desc3BOARD MEETING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt053196
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11840
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2170
IRS990/OtherExpensesGrp/ProgramServicesAmt0240011
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IRS990/OtherExpensesGrp/TotalAmt153196
IRS990/OtherExpensesGrp/TotalAmt21840
IRS990/OtherExpensesGrp/TotalAmt3170
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYRevenuesLessExpensesAmt0398256
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IRS990/PYTotalRevenueAmt01333942
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0214980
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0893021
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0931828
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01044114
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01272537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0707797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0396816
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04353092
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0149061
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0264734
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0139464
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0-17684
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02095
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0537670
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89010
IRS990ScheduleA/PublicSupportPY170Pct00.79720
IRS990ScheduleA/PublicSupportTotal170Amt04353092
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0931828
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01044114
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01272537
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0707797
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0396816
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04353092
IRS990ScheduleA/TotalSupportAmt04890762
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0845098
IRS990ScheduleD/RevenueSubtotalAmt01060078

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.95$0.05$6.90$2.53$1.89$0.64
2024Detailed filing. Detailed filing data is available for this year.$6.28$0.02$6.26$2.10$1.19$0.92
2023Detailed filing. Detailed filing data is available for this year.$5.41$0.10$5.31$1.10$0.92$0.18
2022Detailed filing. Detailed filing data is available for this year.$5.16$0.03$5.13$0.77$1.76$0.99
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.12$0.00$6.12$1.79$0.54$1.24
2020Detailed filing. Detailed filing data is available for this year.$4.88$0.01$4.87$0.75$0.74$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.86$0.00$4.86$1.06$0.85$0.21
2018Summary only. Only limited summary data is available for this year.$4.69$0.04$4.65$1.33$0.94$0.40
2017Summary only. Only limited summary data is available for this year.$4.26$0.01$4.25$1.72$0.90$0.83
2015Detailed filing. Detailed filing data is available for this year.$3.47$0.08$3.40$0.40$0.67$0.27
2014Detailed filing. Detailed filing data is available for this year.$3.81$0.15$3.66$0.64$0.90$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$0.22$3.93$0.60
2012Summary only. Only limited summary data is available for this year.$3.40$0.03$3.37$0.47$0.50$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.00$3.39$0.69