Civic Intelligence

Asbury Foundation Inc.

990 • Fiscal year 2010 • EIN 52-1862674

Jan 01, 2010 to Dec 31, 2010 • Filed on Dec 11, 2012

20030 Century Blvd No 30020874
Siviq Scores

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

Liabilities / Assets

44th percentile

0.25x

Higher debt load relative to assets than 44% of similar nonprofits.

2010 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$20,971,626

No earlier filing loaded for comparison.

Net Assets

$15,748,870

No earlier filing loaded for comparison.

Liabilities

$5,222,756

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$2,250,508

No earlier filing loaded for comparison.

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.

$80M$60M$40M$20M$0Assets 2010: $20,971,626Liabilities 2010: $5,222,756Net Assets 2010: $15,748,8702010Assets 2011: $23,167,260Liabilities 2011: $5,362,806Net Assets 2011: $17,804,4542011Assets 2012: $24,250,789Liabilities 2012: $5,232,802Net Assets 2012: $19,017,9872012Assets 2013: $27,901,911Liabilities 2013: $6,048,555Net Assets 2013: $21,853,3562013Assets 2014: $28,122,113Liabilities 2014: $4,907,180Net Assets 2014: $23,214,9332014Assets 2015: $27,091,729Liabilities 2015: $4,350,428Net Assets 2015: $22,741,3012015Assets 2016: $25,929,287Liabilities 2016: $3,799,426Net Assets 2016: $22,129,8612016Assets 2017: $28,164,735Liabilities 2017: $3,625,802Net Assets 2017: $24,538,9332017Assets 2018: $31,215,431Liabilities 2018: $3,577,092Net Assets 2018: $27,638,3392018Assets 2019: $31,762,444Liabilities 2019: $5,218,350Net Assets 2019: $26,544,0942019Assets 2020: $39,397,235Liabilities 2020: $14,911,738Net Assets 2020: $24,485,4972020Assets 2021: $52,948,136Liabilities 2021: $22,093,600Net Assets 2021: $30,854,5362021Assets 2022: $49,696,688Liabilities 2022: $14,552,266Net Assets 2022: $35,144,4222022Assets 2023: $57,936,966Liabilities 2023: $20,597,809Net Assets 2023: $37,339,1572023Assets 2024: $60,878,176Liabilities 2024: $22,460,053Net Assets 2024: $38,418,1232024

Highlighted filing

2010

Assets$20,971,626
Liabilities$5,222,756
Net Assets$15,748,870

Operations Trend

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

$20M$10M$0-$10MExpenses 2010: $2,250,5082010Expenses 2011: $2,259,7622011Expenses 2012: $3,342,0922012Revenue 2013: $8,732,558Expenses 2013: $6,502,739Net Income 2013: $2,229,8192013Revenue 2014: $4,857,465Expenses 2014: $2,986,267Net Income 2014: $1,871,1982014Revenue 2015: $3,985,264Expenses 2015: $1,740,823Net Income 2015: $2,244,4412015Revenue 2016: $5,603,972Expenses 2016: $4,386,938Net Income 2016: $1,217,0342016Revenue 2017: $10,936,545Expenses 2017: $6,189,692Net Income 2017: $4,746,8532017Revenue 2018: $8,348,415Expenses 2018: $1,995,846Net Income 2018: $6,352,5692018Revenue 2019: $4,880,613Expenses 2019: $7,279,913Net Income 2019: -$2,399,3002019Revenue 2020: $11,932,146Expenses 2020: $8,383,343Net Income 2020: $3,548,8032020Revenue 2021: $11,506,831Expenses 2021: $8,770,474Net Income 2021: $2,736,3572021Revenue 2022: $17,996,340Expenses 2022: $7,595,754Net Income 2022: $10,400,5862022Revenue 2023: $11,557,277Expenses 2023: $12,293,098Net Income 2023: -$735,8212023Revenue 2024: $12,120,322Expenses 2024: $11,774,042Net Income 2024: $346,2802024

Highlighted filing

2010

Revenue-
Expenses$2,250,508
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Dec 11, 2012
Return Version
2010v3.4
Gross Receipts
$10,273,429
Mission and Program Overview

Mission

Securing charitable support to enhance the lives of persons served by asbury communities, inc. And its supported organizations.

Filing and Contact Details

Filer

EIN
52-1862674
Raw XML AppendixShowing 400 of 755 raw XML fields

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IRS990ScheduleD/Equipment/Depreciation023345
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis025623
IRS990ScheduleD/ExcessOrDeficitForYear02175062
IRS990ScheduleD/ExcessOrDeficitPerFS0853732
IRS990ScheduleD/ExpensesNotRptdF990045114
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal02250508
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO PROVIDE BENEVOLENT CARE.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1ASBURY COMMUNITIES AND AFFILIATES, EXCEPT THE ASBURY GROUP, INC. (TAG), ARE EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC); ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. TAG IS ORGANIZED AS A FOR-PROFIT ENTITY AND IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. INCOME TAXES FOR TAG ARE RECORDED AS DEFERRED TAX ASSETS AND LIABILITIES IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEETS TO REFLECT TEMPORARY BOOK AND TAX DIFFERENCES. THE COMPANY HAS IMPLEMENTED PROCESSES TO ENSURE COMPLIANCE WITH THE INTERNAL REVENUE SERVICE INTERMEDIATE SANCTIONS PROVISIONS FOR ALL ITS SUPPORTED ORGANIZATIONS, INCLUDING THE COMPANY. THIS INCLUDES AN INDEPENDENT REVIEW BY THE BOARD'S COMPENSATION COMMITTEE OF ALL COMPENSATION ARRANGEMENTS WITH DISQUALIFIED PERSONS, RETENTION OF OUTSIDE COUNSEL AND OUTSIDE COMPENSATION CONSULTANTS TO PROVIDE INDEPENDENT THIRD-PARTY REVIEW AND ADVISEMENT, AND THE IMPLEMENTATION OF A DETAILED CONFLICT-OF-INTEREST POLICY AND ANNUAL DISCLOSURE PROCESS FOR ALL DISQUALIFIED PERSONS. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MUST BE RECOGNIZED ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE RESOLUTION. THE COMPANY IS NOT AWARE OF ANY TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE COMPANY'S RESULTS OF OPERATIONS OR FINANCIAL POSITION. THE COMPANY'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE TAX RETURNS FOR THE YEARS 2007 TO 2009 ARE OPEN TO EXAMINATION BY FEDERAL, LOCAL, AND STATE AUTHORITIES.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2CHANGE IN VALUE OF GIFT ANNUITIES -624,442. NET ASSETS RELEASED FROM RESTRICTIONS USED FOR PURCHASE OF CAPITAL ITEMS -820,404.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation3NET ASSETS RELEASED FOR OPERATIONS 344,787. NET ASSETS RELEASED FOR CAPITAL ITEMS 820,404.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation4CONTRIBUTIONS - TEMPORARILY RESTRICTED 426,727. CONTRIBUTIONS - PERMANENTLY RESTRICTED 2,216,638. DIRECT EXPENSES FROM FUNDRAISING EVENTS -45,114.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation5DIRECT EXPENSES FROM FUNDRAISING EVENTS 45,114.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier2PART XI, LINE 8 - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier5PART XIII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART V, LINE 4:

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.$60.9$22.5$38.4$12.1$11.8$0.35
2023Detailed filing. Detailed filing data is available for this year.$57.9$20.6$37.3$11.6$12.3$0.74
2022Detailed filing. Detailed filing data is available for this year.$49.7$14.6$35.1$18.0$7.60$10.4
2021Detailed filing. Detailed filing data is available for this year.$52.9$22.1$30.9$11.5$8.77$2.74
2020Detailed filing. Detailed filing data is available for this year.$39.4$14.9$24.5$11.9$8.38$3.55
2019Detailed filing. Detailed filing data is available for this year.$31.8$5.22$26.5$4.88$7.28$2.40
2018Detailed filing. Detailed filing data is available for this year.$31.2$3.58$27.6$8.35$2.00$6.35
2017Detailed filing. Detailed filing data is available for this year.$28.2$3.63$24.5$10.9$6.19$4.75
2016Detailed filing. Detailed filing data is available for this year.$25.9$3.80$22.1$5.60$4.39$1.22
2015Detailed filing. Detailed filing data is available for this year.$27.1$4.35$22.7$3.99$1.74$2.24
2014Detailed filing. Detailed filing data is available for this year.$28.1$4.91$23.2$4.86$2.99$1.87
2013Detailed filing. Detailed filing data is available for this year.$27.9$6.05$21.9$8.73$6.50$2.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.3$5.23$19.0$3.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$5.36$17.8$2.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$5.22$15.7$2.25