Civic Intelligence

Elliot L Richardson Prize Fund

990 • Fiscal year 2019 • EIN 52-2237244

Oct 01, 2018 to Sep 30, 2019 • Filed on Jul 24, 2020

1600 K Street NW No 400Washington, DC 20006

(202) 347-3190

Siviq Scores

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

Liabilities / Assets

44th percentile

0.05x

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

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

Liabilities / Revenue

91st percentile

2.05x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

3rd percentile

-105%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

95th percentile

$314,645

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 1069.7% of source-year revenue.

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

Asset Growth

40th percentile

0.2%

Faster asset growth than 40% of similar nonprofits.

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

Revenue Growth

86th percentile

43%

Faster revenue growth than 86% of similar nonprofits.

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

Assets

Up

$1,110,751

Up $2,327 (+0.2%) from 2018

Net Assets

Down

$1,050,316

Down $19,584 (-1.8%) from 2018

Liabilities

Up

$60,435

Up $21,911 (+57%) from 2018

Revenue

Up

$29,415

Up $8,854 (+43%) from 2018

Expenses

Up

$60,435

Up $21,919 (+57%) from 2018

Net Income

Down

-$31,020

Down $13,065 (-73%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,035,750Liabilities 2011: $131,407Net Assets 2011: $904,3432011Assets 2012: $1,074,371Liabilities 2012: $109,566Net Assets 2012: $964,8052012Assets 2013: $1,036,223Liabilities 2013: $59,326Net Assets 2013: $976,8972013Assets 2014: $1,018,655Liabilities 2014: $51,148Net Assets 2014: $967,5072014Assets 2015: $952,468Liabilities 2015: $72,232Net Assets 2015: $880,2362015Assets 2016: $933,663Liabilities 2016: $2,033Net Assets 2016: $931,6302016Assets 2017: $1,047,595Liabilities 2017: $55,243Net Assets 2017: $992,3522017Assets 2018: $1,108,424Liabilities 2018: $38,524Net Assets 2018: $1,069,9002018Assets 2019: $1,110,751Liabilities 2019: $60,435Net Assets 2019: $1,050,3162019Assets 2020: $1,186,366Liabilities 2020: $48,022Net Assets 2020: $1,138,3442020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2019

Assets$1,110,751
Liabilities$60,435
Net Assets$1,050,316

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $29,733Expenses 2011: $137,927Net Income 2011: -$108,1942011Expenses 2012: $67,5242012Revenue 2013: $31,360Expenses 2013: $65,933Net Income 2013: -$34,5732013Revenue 2014: $50,926Expenses 2014: $108,765Net Income 2014: -$57,8392014Revenue 2015: $51,275Expenses 2015: $29,210Net Income 2015: $22,0652015Revenue 2016: $87,013Expenses 2016: $47,152Net Income 2016: $39,8612016Revenue 2017: $16,896Expenses 2017: $62,182Net Income 2017: -$45,2862017Revenue 2018: $20,561Expenses 2018: $38,516Net Income 2018: -$17,9552018Revenue 2019: $29,415Expenses 2019: $60,435Net Income 2019: -$31,0202019Revenue 2020: $42,794Expenses 2020: $48,072Net Income 2020: -$5,2782020Revenue 2021: $41,143Expenses 2021: $1,426,692Net Income 2021: -$1,385,5492021

Highlighted filing

2019

Revenue$29,415
Expenses$60,435
Net Income-$31,020
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jul 24, 2020
Return Version
2018v3.2
Gross Receipts
$62,090
Mission and Program Overview

Mission

The elliot l. Richardson prize fund's (the prize fund) sole purpose shall be to establish a prize, which shall be known as the elliot l. Richardson prize and which shall be awarded by the corporation from time to time, but never more frequently than annually. The prize shall be awarded for excellence and integrity in government service and public management, in honor of the late elliot l. Richardson.

To award individuals possessing the public service virtues exemplified by elliot l. Richardson.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,107,202$1,109,559▲ $2,357
Savings and Temporary Cash Investments$1,222$1,192▼ $30
Total Assets$1,108,424$1,110,751▲ $2,327
Liabilities
Other Liabilities$38,524$60,435▲ $21,911
Total Liabilities$38,524$60,435▲ $21,911
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,069,900$1,050,316▼ $19,584
Total Net Assets Fund Balance$1,069,900$1,050,316▼ $19,584
Total Liabilities and Net Assets / Fund Balance$1,108,424$1,110,751▲ $2,327
Compensation and Service Providers

Employees

NameTitleOtherTotal
Myra Howze ShiplettSecretary/project Director$7,777$7,777

Board Members and Trustees

NameTitle
Michael C RogersChairman
Teresa W GertonPresident & CEO
John Thomas Smith IiDirector
Sallyanne HarperDirector
Judy England-josephDirector/panel Member
Randolph LyonChief Financial Officer
Joseph E KasputysTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$29,415
Other Revenue
$0
Change in Net Assets
$-31,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60,435
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$734$5,201-$5,935
Fees for Services Accounting-$4,500-$4,500
Total Functional Expenses$50,734$9,701$0$60,435
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to the Academy$60,435
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The prize fund had no committees with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The federal form 990 is prepared by the cfo with the advice and support of an accounting firm. The draft federal form 990 is then reviewed and approved by the chairman of the prize fund. Copies of the draft federal form 990 are distributed to the prize fund's board of directors prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 15

The prize fund does not directly hire or compensate employees. All employees are employees of the national academy of public administration. The cost of the academy's officers and key employees are allocated under the terms of a cost sharing arrangement.

Form 990, Part VI, Section C, Line 19

The prize fund's federal form 990 is posted on www.guidestar.org. The prize fund's other governing documents and full financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Elliot L Richardson Prize Fund
EIN
52-2237244
Phone
2023473190
Address
1600 K STREET NW NO 400, WASHINGTON, DC 20006

Signing Officer

Name
Michael C Rogers
Title
Chairman
Phone
2023473190
Signed
2020-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael C Rogers
Formed
2000
Legal Domicile
De
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
18

Preparer

Firm
Marcum Llp
Address
1899 L STREET NW SUITE 850, WASHINGTON, DC 20036
Preparer
Aaron M Fox
Phone
2022274000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Napa performed an evaluation of uncertainty in income taxes for the year ended september 30, 2019, and determined that there were no matters that would require recognition or disclosure in the consolidated financial statements.

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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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IRS990/MissionDesc0THE ELLIOT L. RICHARDSON PRIZE FUND'S (THE PRIZE FUND) SOLE PURPOSE SHALL BE TO ESTABLISH A PRIZE, WHICH SHALL BE KNOWN AS THE ELLIOT L. RICHARDSON PRIZE AND WHICH SHALL BE AWARDED BY THE CORPORATION FROM TIME TO TIME, BUT NEVER MORE FREQUENTLY THAN ANNUALLY. THE PRIZE SHALL BE AWARDED FOR EXCELLENCE AND INTEGRITY IN GOVERNMENT SERVICE AND PUBLIC MANAGEMENT, IN HONOR OF THE LATE ELLIOT L. RICHARDSON.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt017537
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt116731
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt11621
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TERESA W GERTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1RANDOLPH LYON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF FINANCIAL OFFICER
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1185659
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE PRIZE FUND DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF THE NATIONAL ACADEMY OF PUBLIC ADMINISTRATION (THE ACADEMY), A RELATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(3). THE COST OF THE ACADEMY'S OFFICERS AND KEY EMPLOYEES ARE ALLOCATED UNDER THE TERMS OF A COST SHARING ARRANGEMENT. THE EXECUTIVE COMMITTEE OF THE ACADEMY MEETS ANNUALLY TO REVIEW THE PRESIDENT & CEO'S PERFORMANCE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRIZE FUND HAD NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FEDERAL FORM 990 IS PREPARED BY THE CFO WITH THE ADVICE AND SUPPORT OF AN ACCOUNTING FIRM. THE DRAFT FEDERAL FORM 990 IS THEN REVIEWED AND APPROVED BY THE CHAIRMAN OF THE PRIZE FUND. COPIES OF THE DRAFT FEDERAL FORM 990 ARE DISTRIBUTED TO THE PRIZE FUND'S BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRIZE FUND DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF THE NATIONAL ACADEMY OF PUBLIC ADMINISTRATION. THE COST OF THE ACADEMY'S OFFICERS AND KEY EMPLOYEES ARE ALLOCATED UNDER THE TERMS OF A COST SHARING ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRIZE FUND'S FEDERAL FORM 990 IS POSTED ON WWW.GUIDESTAR.ORG. THE PRIZE FUND'S OTHER GOVERNING DOCUMENTS AND FULL FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NATIONAL ACADEMY OF PUBLIC ADMINISTRATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NATIONAL ACADEMY OF PUBLIC ADMINISTRATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NATIONAL ACADEMY OF PUBLIC ADMINISTRATION FOUNDATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1237087039
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATIONAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EDUCATIONAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01600 K STREET NW SUITE 400
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11600 K STREET NW SUITE 400
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1WASHINGTON
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01069900
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01050316
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01108424
IRS990/TotalAssetsEOYAmt01110751
IRS990/TotalAssetsGrp/BOYAmt01108424
IRS990/TotalAssetsGrp/EOYAmt01110751
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt050734
IRS990/TotalFunctionalExpensesGrp/TotalAmt060435
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038524
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IRS990/TotalLiabilitiesGrp/EOYAmt060435
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01069900
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01050316
IRS990/TotalOtherCompensationAmt044726
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IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt029415
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt029415
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01108424
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01110751
IRS990/TotReportableCompRltdOrgAmt0463355
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01600 K STREET NW NO 400
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IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.NAPAWASH.ORG/THE-ELLIOT-RICHARDSON-

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