Civic Intelligence

The Culinary Trust Co Under Control LLC

990EZ • Fiscal year 2015 • EIN 52-1333505

Jul 01, 2014 to Jun 30, 2015 • Filed on May 05, 2016

PO Box 5485Portland, OR 97208

(503) 490-4235

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

0.22x

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

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

Net Margin

3rd percentile

-153%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$51,855

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 100.5% of source-year revenue.

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

Asset Growth

20th percentile

-21%

Faster asset growth than 20% of similar nonprofits.

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

Revenue Growth

5th percentile

-73%

Faster revenue growth than 5% of similar nonprofits.

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

Assets

Down

$290,852

Down $76,928 (-21%) from 2014

Net Assets

Down

$279,359

Down $84,599 (-23%) from 2014

Liabilities

Up

$11,493

Up $7,671 (+201%) from 2014

Revenue

Down

$51,593

Down $139,529 (-73%) from 2014

Expenses

Down

$130,397

Down $101,282 (-44%) from 2014

Net Income

Down

-$78,804

Down $38,247 (-94%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $337,823Liabilities 2010: $16,424Net Assets 2010: $321,3992010Assets 2011: $420,570Liabilities 2011: $24,467Net Assets 2011: $396,1032011Assets 2012: $425,206Liabilities 2012: $11,256Net Assets 2012: $413,9502012Assets 2013: $405,522Liabilities 2013: $1,007Net Assets 2013: $404,5152013Assets 2014: $367,780Liabilities 2014: $3,822Net Assets 2014: $363,9582014Assets 2015: $290,852Liabilities 2015: $11,493Net Assets 2015: $279,3592015Assets 2016: $208,695Liabilities 2016: $17,702Net Assets 2016: $190,9932016Assets 2017: $195,935Net Assets 2017: $195,9352017Assets 2018: $162,629Net Assets 2018: $162,6292018Assets 2019: $0Net Assets 2019: $02019

Highlighted filing

2015

Assets$290,852
Liabilities$11,493
Net Assets$279,359

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2010: $89,461Expenses 2010: $59,210Net Income 2010: $30,2512010Revenue 2011: $114,858Expenses 2011: $40,154Net Income 2011: $74,7042011Revenue 2012: $205,892Expenses 2012: $191,174Net Income 2012: $14,7182012Revenue 2013: $137,757Expenses 2013: $152,826Net Income 2013: -$15,0692013Revenue 2014: $191,122Expenses 2014: $231,679Net Income 2014: -$40,5572014Revenue 2015: $51,593Expenses 2015: $130,397Net Income 2015: -$78,8042015Revenue 2016: $71,303Expenses 2016: $159,669Net Income 2016: -$88,3662016Revenue 2017: $53,844Expenses 2017: $55,561Net Income 2017: -$1,7172017Revenue 2018: $32,219Expenses 2018: $68,066Net Income 2018: -$35,8472018Revenue 2019: $14,949Expenses 2019: $177,578Net Income 2019: -$162,6292019

Highlighted filing

2015

Revenue$51,593
Expenses$130,397
Net Income-$78,804
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 5, 2016
Return Version
2014v6.0
Gross Receipts
$78,503
Mission and Program Overview

Mission

The Culinary Trust gives culinary professionals the tools and opportunites to understand and act on critical issues in the world of food. The mission is fulfilled through educational programs, grants for hunger alleviation, culinary history preservation and, most notably, scholarships, internships, and grants for students and professionals.

Program Services

DescriptionGrantsExpenses
Scholarships, Grants and Professional Development Program: As the philanthropic partner of the International Association of Culinary Professionals, co-founded by the late Julia Child in 1984, The Culinary Trust has awarded nearly $1,500,000 through its scholarship program, assisting more than 500 talented individuals from all over the world in their pursuit of culinary knowledge and education. Each year, The Culinary Trust partners with a variety of culinary schools (based on donor commitment and roster changes year to year)and nonprofits focusing on youth nutrition education and hunger relief to offer scholarships and professional develoment internships. Also, The Culinary Trust and The Boston Foundation both offer an independent study grant to a culinary professional doing research and writing outside the US. All scholarships, grants and professional development opportunities are application based and are open to anyone who meets the qualifying criteria; the awardees are selected through a rigorous evaluation process by a team dedicated to application review.$84,756$21,758
Kids in the Kitchen: The Culinary Trust promotes the importance of cooking with children with an emphasis on engaging culinary professionals to get active in Kids in the Kitchen related issues. In partnership with the International Association of Culinary Professionals, we support the development of programs that both motivate and inspire young people to learn how to cook while making beneficial food choices a part of a healthy life style. We also provide free curriculum resources for teaching nutrition and healthy cooking to kids in grades k-12. The Culinary Trust partners with The White House's "Let's Move" initiative and support culinary professionals who want to be actively engaged in improving the health af our nation's youth. An important part of that support is our "Chefs move to Schools" grants, which provide funds for culinary professionals to help our children eat right by teaching them about food, nutrition and cooking. Funds can be used from garden to table and culinary professionals may seek funding for any program that promotes health and wellness in schools. For example, the grant may be used to plant a garden, teach a class, promote or create a wellness program for students or parents or assist in creating a school curriculum that focuses on healthy eating. In order to qualify, the grant applicant must have the support of the school pricipal and,in some cases, additional school personnel.$1,758-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura AtkinsonExecutive DirectorFT$51,855-$51,855
Kenneth RubinChairman-$0--
Alexa Van de WalleTreas/Secr-$0--
Lara NixonTreasurer-$0--
Anne McBrideDirector-$0--
David McIntyreDirector-$0--
Greg SilvermanDirector-$0--
Kathleen FlinnDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner$37,311$26,840$8,161$18,679
Total Events$37,311$26,840$26,910$-70
Filing and Contact Details

Filer

Filer Name
The Culinary Trust
EIN
52-1333505
Phone
5034904235
Address
PO Box 5485, Portland, OR 97208

Signing Officer

Name
Kathleen Finn
Title
Board Chair
Signed
2016-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Richard Winkel CPA INC
Address
PO Box 91637, Portland, OR 97291
Preparer
Richard Winkel
Phone
5033326750
Supplemental Narrative

Additional Explanations

Other Revenue.1

Misc income $875

Grants and Similar Amounts Paid In Excess of $5,000.2

| Donee's Name: NeighborSpace | Cash Amount Given: $5750

Other Expenses.1001

Advertising and Promotion $1685

Other Expenses.1002

Office Expenses $6362

Other Expenses.1005

Travel $16002

Other Expenses.1007

Conferences, Conventions, and Meetings $2851

Other Expenses.1009

Depreciation $172

Other Expenses.1012

Insurance $491

Other Expenses.1

Bank service fees $1847

Other Assets.1002

Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $1376

Other Assets.1005

Accounts Receivable - Beginning $5350 Accounts Receivable - Ending $16000

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $462 Prepaid Expenses and Deferred Charges - Ending $164

Other Assets.1

Note receivable - Beginning $0 Note receivable - Ending $50000

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $3822 Accounts Payable and Accrued Expenses - Ending $11493

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: NeighborSpace | Cash Amount Given: $5750
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ReturnHeader/BuildTS02016-08-17 19:52:53Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Kathleen Finn
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Chair
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Culinary Trust
ReturnHeader/Filer/BusinessNameControlTxt0CULI
ReturnHeader/Filer/EIN0521333505
ReturnHeader/Filer/PhoneNum05034904235
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097208
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Richard Winkel CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 91637
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Portland
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ReturnHeader/PreparerPersonGrp/PhoneNum05033326750
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ReturnHeader/ReturnTs02016-05-05T15:50:20-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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