Civic Intelligence

The Penfaulkner Foundation

990 • Fiscal year 2013 • EIN 52-1431622

Jul 01, 2012 to Jun 30, 2013 • Filed on May 08, 2014

201 E Capitol Street SESuite20003
Siviq Scores

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

Liabilities / Assets

83rd percentile

0.55x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

12th percentile

-14%

Faster asset growth than 12% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$253,783

Down $41,407 (-14%) from 2012

Net Assets

Down

$114,344

Down $108,597 (-49%) from 2012

Liabilities

Up

$139,439

Up $67,190 (+93%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$565,022

Down $7,254 (-1.3%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $339,200Liabilities 2010: $16,064Net Assets 2010: $323,1362010Assets 2011: $428,038Liabilities 2011: $125,379Net Assets 2011: $302,6592011Assets 2012: $295,190Liabilities 2012: $72,249Net Assets 2012: $222,9412012Assets 2013: $253,783Liabilities 2013: $139,439Net Assets 2013: $114,3442013Assets 2014: $292,052Liabilities 2014: $201,418Net Assets 2014: $90,6342014Assets 2015: $408,140Liabilities 2015: $214,751Net Assets 2015: $193,3892015Assets 2016: $323,455Liabilities 2016: $167,362Net Assets 2016: $156,0932016Assets 2017: $406,368Liabilities 2017: $185,202Net Assets 2017: $221,1662017Assets 2018: $342,455Liabilities 2018: $93,127Net Assets 2018: $249,3282018Assets 2019: $287,855Liabilities 2019: $35,367Net Assets 2019: $252,4882019Assets 2020: $384,235Liabilities 2020: $82,421Net Assets 2020: $301,8142020Assets 2021: $502,723Liabilities 2021: $91,287Net Assets 2021: $411,4362021Assets 2022: $745,322Liabilities 2022: $93,997Net Assets 2022: $651,3252022Assets 2023: $641,796Liabilities 2023: $71,358Net Assets 2023: $570,4382023Assets 2024: $833,829Liabilities 2024: $219,029Net Assets 2024: $614,8002024

Highlighted filing

2013

Assets$253,783
Liabilities$139,439
Net Assets$114,344

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $500,0792010Expenses 2011: $583,1772011Expenses 2012: $572,2762012Expenses 2013: $565,0222013Revenue 2014: $599,562Expenses 2014: $655,431Net Income 2014: -$55,8692014Revenue 2015: $736,301Expenses 2015: $674,393Net Income 2015: $61,9082015Revenue 2016: $562,799Expenses 2016: $625,579Net Income 2016: -$62,7802016Revenue 2017: $706,556Expenses 2017: $680,347Net Income 2017: $26,2092017Revenue 2018: $644,187Expenses 2018: $589,559Net Income 2018: $54,6282018Revenue 2019: $722,879Expenses 2019: $705,149Net Income 2019: $17,7302019Revenue 2020: $718,678Expenses 2020: $672,268Net Income 2020: $46,4102020Revenue 2021: $682,490Expenses 2021: $608,563Net Income 2021: $73,9272021Revenue 2022: $941,965Expenses 2022: $653,443Net Income 2022: $288,5222022Revenue 2023: $662,173Expenses 2023: $760,210Net Income 2023: -$98,0372023Revenue 2024: $683,731Expenses 2024: $666,517Net Income 2024: $17,2142024

Highlighted filing

2013

Revenue-
Expenses$565,022
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 8, 2014
Return Version
2012v2.3
Gross Receipts
$781,224
Mission and Program Overview

Mission

The pen/faulkner foundation confers annual national prizes to recognize excellence in contemporary american fiction, brings quality literary programs to the washington, dc metropolitan area, and extends its programs to young people who are forming their literary tastes, exploring their talents as writers, and contemplating their future vocations. To confer annual national prizes to excellence

Major Activities

Activity 2
Writers in Schools, a literary arts outreach program, is committed to developing the next generation of readers and writers. The program brings nationally-known authors to Washington, DC and Baltimore, MD high schools to discuss their books, and donates copies of these books directly to students. Program accomplishments include: * Coordinating 160 author seminars in high school English classrooms, libraries, and books clubs in which PEN/Faulkner provides individual copies of a visiting author's books, resource materials to teachers, helps teachers and students prepare for author visits, and bring authors to the schools to meet with students for literary discussions. * Coordinating five New Heights Teen Parent Book Clubs in which program volunteers meet with students on a bi-weekly basis to host guided readings and discussions of the work of local authors of both adult and children's literature. Authors visited the book clubs once every 6-8 weeks to discuss their work with students. * Work with the Free Minds Book Club & Writing Workshop in order to support their On The Same Page initiative, which brings young men recently released from federal prison into local schools and community groups to discuss their own reading and writing habits. This creates conversations about both literature and juvenile justice. * Writers receive stipends for their work, which directly supports the local literary arts community and working writers.
Filing and Contact Details

Filer

EIN
52-1431622
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IRS990/ActivityOrMissionDescription0THE FOUNDATION CONFERS ANNUAL NATIONAL PRIZES TO RECOGNIZE EXCELLENCE IN CONTEMPORARY AMERICAN FICTION, BRINGS QUALITY LITERARY PROGRAMS TO THE WASHINGTON DC AREA, AND EXTENDS ITS PROGRAMS TO YOUNG PEOPLE.
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IRS990/Description0Awards and book reading programs expose authors to new audiences and honored the best published works of fiction by contemporary writers. Program accomplishments include: (1) PEN/Faulkner Award for Fiction is a national prize for published works by American citizens. The award is unique among literary honors because writers founded it to pay tribute to their peers. The PEN/Faulkner Foundation chose three award judges, themselves noted authors of fiction, to select the winner and four runner-up prizes. The judges selected five books among the 300 works submitted and named the "First Among Equals" and four runners-up of the largest peer-juried prize for fiction in the United States. The Foundation presented the awards at an annual event, at which four of the honorees read from and discussed their works. (2) PEN/Malamud Award and Memorial Reading honors excellence in the art of the short story. A panel of PEN/Faulkner Foundation directors, together with representatives of Bernard Malamud's literary executors chose one honoree on the basis of his entire collections of published work. The Foundation held a public awards event with readings and audience discussions led by the honorees. Literary Programs: Conducted a series of book readings, audience discussions, and receptions to introduce noted authors to the citizens of Washington, D.C. metropolitan area.
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IRS990/Grants055000
IRS990/GrantsAndSimilarAmntsCY055000
IRS990/GrantsAndSimilarAmntsPriorYear050000
IRS990/GrantsPayable/BOY00
IRS990/GrantsPayable/EOY00
IRS990/GrantsToDomesticIndividuals/ProgramServices055000
IRS990/GrantsToDomesticIndividuals/Total055000
IRS990/GrantsToDomesticOrgs/Total00
IRS990/GrantsToIndividuals0true
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossAmountSalesAssets/Securities0246900
IRS990/GrossIncomeFundraisingEvents017000
IRS990/GrossReceipts0781224
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IncomeFromInvestBondProceeds/TotalRevenueColumn00
IRS990/IndependentAuditFinancialStmt0false
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartVIII0X
IRS990/InfoInScheduleOPartX0X
IRS990/InformationTechnology/Fundraising0165
IRS990/InformationTechnology/ManagementAndGeneral0165
IRS990/InformationTechnology/ProgramServices0769
IRS990/InformationTechnology/Total01099
IRS990/Insurance/Fundraising0373
IRS990/Insurance/ManagementAndGeneral0373
IRS990/Insurance/ProgramServices01742
IRS990/Insurance/Total02488
IRS990/IntangibleAssets/BOY00
IRS990/IntangibleAssets/EOY00
IRS990/Interest/Total00
IRS990/InventoriesForSaleOrUse/BOY00
IRS990/InventoriesForSaleOrUse/EOY00
IRS990/InvestmentIncomeCurrentYear0-6705
IRS990/InvestmentIncome/ExclusionAmount07435
IRS990/InvestmentIncomePriorYear0-5194
IRS990/InvestmentIncome/TotalRevenueColumn07435
IRS990/InvestmentInJointVenture0false
IRS990/InvestmentsOtherSecurities/BOY00
IRS990/InvestmentsOtherSecurities/EOY00
IRS990/InvestmentsProgramRelated/BOY00
IRS990/InvestmentsProgramRelated/EOY00
IRS990/InvestmentsPubTradedSecurities/BOY0226592
IRS990/InvestmentsPubTradedSecurities/EOY048592
IRS990/LandBuildingsEquipmentBasisNet/BOY00
IRS990/LessCostOthBasisSalesExpenses/Securities0261040
IRS990/LoansFromOfficersDirectors/BOY00
IRS990/LoansFromOfficersDirectors/EOY00
IRS990/LoanToOfficerOrDQP0false
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingCash0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0THE PEN/FAULKNER FOUNDATION CONFERS ANNUAL NATIONAL PRIZES TO RECOGNIZE EXCELLENCE IN CONTEMPORARY AMERICAN FICTION, BRINGS QUALITY LITERARY PROGRAMS TO THE WASHINGTON, DC METROPOLITAN AREA, AND EXTENDS ITS PROGRAMS TO YOUNG PEOPLE WHO ARE FORMING THEIR LITERARY TASTES, EXPLORING THEIR TALENTS AS WRITERS, AND CONTEMPLATING THEIR FUTURE VOCATIONS.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/MortNotesPyblSecuredInvestProp/BOY00
IRS990/MortNotesPyblSecuredInvestProp/EOY00
IRS990/NameOfPrincipalOfficerPerson0SUSAN SHREVE
IRS990/NbrIndependentVotingMembers026
IRS990/NbrVotingGoverningBodyMembers026
IRS990/NbrVotingMembersGoverningBody026
IRS990/NetAssetsOrFundBalancesBOY0222941
IRS990/NetAssetsOrFundBalancesEOY0114344
IRS990/NetGainOrLossInvestments/ExclusionAmount0-14140
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0-14140
IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount0-47589
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn0-47589
IRS990/NetIncomeFromGaming/TotalRevenueColumn00
IRS990/NetIncomeOrLoss/TotalRevenueColumn00
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn00
IRS990/NoncashContributions019866
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith1096024
IRS990/NumberIndependentVotingMembers026
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees05
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Fundraising013596
IRS990/Occupancy/ManagementAndGeneral013596

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.34$2.19$6.15$6.84$6.67$0.17
2023Detailed filing. Detailed filing data is available for this year.$6.42$0.71$5.70$6.62$7.60$0.98
2022Detailed filing. Detailed filing data is available for this year.$7.45$0.94$6.51$9.42$6.53$2.89
2021Detailed filing. Detailed filing data is available for this year.$5.03$0.91$4.11$6.82$6.09$0.74
2020Detailed filing. Detailed filing data is available for this year.$3.84$0.82$3.02$7.19$6.72$0.46
2019Detailed filing. Detailed filing data is available for this year.$2.88$0.35$2.52$7.23$7.05$0.18
2018Detailed filing. Detailed filing data is available for this year.$3.42$0.93$2.49$6.44$5.90$0.55
2017Detailed filing. Detailed filing data is available for this year.$4.06$1.85$2.21$7.07$6.80$0.26
2016Detailed filing. Detailed filing data is available for this year.$3.23$1.67$1.56$5.63$6.26$0.63
2015Detailed filing. Detailed filing data is available for this year.$4.08$2.15$1.93$7.36$6.74$0.62
2014Detailed filing. Detailed filing data is available for this year.$2.92$2.01$0.91$6.00$6.55$0.56
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$1.39$1.14$5.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.72$2.23$5.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$1.25$3.03$5.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.39$0.16$3.23$5.00