Civic Intelligence

Cosmos Club Foundation

990 • Fiscal year 2017 • EIN 52-6071375

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 19, 2018

2121 Massachusetts Avenue NWWashington, DC 20008-2871

(202) 387-7783

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

91st percentile

50%

Higher net margin than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

81st percentile

21%

Faster asset growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

51st percentile

4.6%

Faster revenue growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$3,192,476

Up $545,846 (+21%) from 2016

Net Assets

Up

$3,192,476

Up $545,846 (+21%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$190,560

Up $8,409 (+4.6%) from 2016

Expenses

Down

$95,246

Down $9,887 (-9.4%) from 2016

Net Income

Up

$95,314

Up $18,296 (+24%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,534,213Liabilities 2010: $0Net Assets 2010: $1,534,2132010Assets 2011: $1,577,334Liabilities 2011: $0Net Assets 2011: $1,577,3342011Assets 2012: $1,805,968Liabilities 2012: $0Net Assets 2012: $1,805,9682012Assets 2013: $2,240,222Liabilities 2013: $0Net Assets 2013: $2,240,2222013Assets 2014: $2,410,767Liabilities 2014: $0Net Assets 2014: $2,410,7672014Assets 2015: $2,372,123Liabilities 2015: $0Net Assets 2015: $2,372,1232015Assets 2016: $2,646,630Liabilities 2016: $0Net Assets 2016: $2,646,6302016Assets 2017: $3,192,476Liabilities 2017: $0Net Assets 2017: $3,192,4762017Assets 2018: $3,027,812Liabilities 2018: $0Net Assets 2018: $3,027,8122018Assets 2019: $3,621,662Liabilities 2019: $0Net Assets 2019: $3,621,6622019Assets 2020: $4,088,489Liabilities 2020: $0Net Assets 2020: $4,088,4892020Assets 2021: $4,657,798Liabilities 2021: $0Net Assets 2021: $4,657,7982021Assets 2022: $4,605,128Liabilities 2022: $0Net Assets 2022: $4,605,1282022Assets 2023: $3,790,861Liabilities 2023: $0Net Assets 2023: $3,790,8612023Assets 2024: $4,143,200Liabilities 2024: $0Net Assets 2024: $4,143,2002024

Highlighted filing

2017

Assets$3,192,476
Liabilities$0
Net Assets$3,192,476

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $71,4622010Expenses 2011: $79,9302011Expenses 2012: $69,9662012Revenue 2013: $200,008Expenses 2013: $76,448Net Income 2013: $123,5602013Revenue 2014: $194,011Expenses 2014: $113,452Net Income 2014: $80,5592014Revenue 2015: $188,399Expenses 2015: $122,571Net Income 2015: $65,8282015Revenue 2016: $182,151Expenses 2016: $105,133Net Income 2016: $77,0182016Revenue 2017: $190,560Expenses 2017: $95,246Net Income 2017: $95,3142017Revenue 2018: $364,349Expenses 2018: $106,432Net Income 2018: $257,9172018Revenue 2019: $434,491Expenses 2019: $107,623Net Income 2019: $326,8682019Revenue 2020: $1,141,132Expenses 2020: $138,675Net Income 2020: $1,002,4572020Revenue 2021: $425,396Expenses 2021: $160,831Net Income 2021: $264,5652021Revenue 2022: $188,713Expenses 2022: $170,585Net Income 2022: $18,1282022Revenue 2023: $77,519Expenses 2023: $190,927Net Income 2023: -$113,4082023Revenue 2024: $430,590Expenses 2024: $72,794Net Income 2024: $357,7962024

Highlighted filing

2017

Revenue$190,560
Expenses$95,246
Net Income$95,314
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 19, 2018
Return Version
2017v2.3
Gross Receipts
$260,639
Mission and Program Overview

Mission

Advancement of the arts, sciences and humanities through awards and grants to stimulate scholarship, conduct of symposia and dissemination of information for the public good.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,481,793$2,970,234▲ $488,441
Savings and Temporary Cash Investments$78,401$113,071▲ $34,670
Cash and Non-Interest-Bearing Accounts$86,436$109,171▲ $22,735
Total Assets$2,646,630$3,192,476▲ $545,846
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,307,067$2,787,265▲ $480,198
Temporarily Rstr Net Assets$283,563$349,211▲ $65,648
Permanently Rstr Net Assets$56,000$56,000→ $0
Total Net Assets Fund Balance$2,646,630$3,192,476▲ $545,846
Total Liabilities and Net Assets / Fund Balance$2,646,630$3,192,476▲ $545,846

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$56,000---$56,000
2016$56,000---$56,000
2015$56,000---$56,000
2014$56,000---$56,000
2013$56,000---$56,000
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$117,181
Program Service Revenue
$0
Investment Income
$73,179
Other Revenue
$200
All Other Contributions
$117,181
Change in Net Assets
$95,314

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$34,582Listed Index Price
Total Noncash Contributions3$34,582-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$75,415
Other Expenses$19,831
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$75,415--$75,415
Conferences and Meetings$2,050--$2,050
Information Technology-$1,612-$1,612
Insurance-$1,267-$1,267
Other Expenses$2,011$1,262-$1,262
Fees for Services Accounting-$650-$650
Total Functional Expenses$90,455$4,791$0$95,246
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the draft form 990 is provided to the organization's board members. Recipients are asked to review the draft and respond to the preparer with any questions or comments. Revisions if necessary are incorporated into the return, and a final version is delivered to the appropriate officer for signature.

Form 990, Page 6, Part VI, Line 12C

The organization's conflict of interest policy requires annual disclosures of any conflict of interest or the appearance of a conflict of interest by any officer or trustee. Failure to provide such disclosure will prevent that individual from serving on the board.

Form 990, Page 6, Part VI, Line 19

Governing documents and forms 990 are made available to the public upon request. Forms 990 are also available at guidestar.org.

Filing and Contact Details

Filer

Filer Name
Cosmos Club Foundation
EIN
52-6071375
Phone
2023877783
Address
2121 MASSACHUSETTS AVENUE NW, WASHINGTON, DC 20008-2871

Signing Officer

Name
J Stephen Huebner
Title
Treasurer
Phone
2023877783
Signed
2018-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Virginia C Mars
Formed
1967
Legal Domicile
Dc
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
11

Preparer

Firm
PATRICK O'ROURKE CPA
Address
11 - 2ND STREET NE 107, WASHINGTON, DC 20002
Preparer
PATRICK M O'ROURKE CPA
Phone
2025471876
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE JOHN P. MCGOVERN AWARD IS AWARDED TO SELECTED INDIVIDUALS WHOSE ENDEAVORS HAVE CLEARLY DISTINGUISHED THEM AS LEADERS IN THEIR SPHERES OF ACTIVITY. EACH RECIPIENT IS OFFERED AN HONORARIUM AND IS PRESENTED WITH A MEDAL COMMEMORATING HIS OR HER SELECTION. RECIPIENTS SPEAK ABOUT THEIR WORK AT A CEREMONY HELD AT THE COSMOS CLUB AND TO WHICH NON-MEMBERS ARE INVITED. THE LECTURES ARE OPEN TO NON-MEMBERS, AND A PLAQUE IS PLACED IN THE COSMOS CLUBHOUSE MEMORIALIZING EACH AWARD RECIPIENT.
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IRS990ScheduleA/PublicSupportPY170Pct00.42280
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt056000
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt15000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GRANTS - COSMOS SCHOLARS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1COSMOS CLUB AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt025
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT RECIPENTS PROVIDE A SUMMARY REPORT OF PROJECT RESULTS AND ARE INVITED TO PRESENT THEIR RESULTS AT A POSTER SESSION AT THE ANNUAL SCHOLARS' RECEPTION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
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IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt03
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0LISTED INDEX PRICE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE DRAFT FORM 990 IS PROVIDED TO THE ORGANIZATION'S BOARD MEMBERS. RECIPIENTS ARE ASKED TO REVIEW THE DRAFT AND RESPOND TO THE PREPARER WITH ANY QUESTIONS OR COMMENTS. REVISIONS IF NECESSARY ARE INCORPORATED INTO THE RETURN, AND A FINAL VERSION IS DELIVERED TO THE APPROPRIATE OFFICER FOR SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES ANNUAL DISCLOSURES OF ANY CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST BY ANY OFFICER OR TRUSTEE. FAILURE TO PROVIDE SUCH DISCLOSURE WILL PREVENT THAT INDIVIDUAL FROM SERVING ON THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FORMS 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORMS 990 ARE ALSO AVAILABLE AT GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COSMOS CLUB
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0530052500
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CLUB
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02121 MASSACHUSETTS AVE NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020008
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0THE COSMOS CLUB IS A 501(C)(7) PRIVATE CLUB. TWELVE TRUSTEES OF THE COSMOS CLUB FOUNDATION ARE APPOINTED BY THE CLUB'S PRESIDENT WITH THE APPROVAL OF THE CLUB'S BOARD OF MANAGEMENT. TWO TRUSTEES ARE EX-OFFICIO DUE TO THEIR POSITIONS WITHIN THE CLUB.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
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IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0283563
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0349211
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt02646630
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0117181
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04791
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt090455
IRS990/TotalFunctionalExpensesGrp/TotalAmt095246
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03192476
IRS990/TotalProgramServiceExpensesAmt090455
IRS990/TotalRevenueGrp/ExclusionAmt073179
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0200

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.14$0.00$4.14$0.43$0.07$0.36
2023Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$0.08$0.19$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.61$0.00$4.61$0.19$0.17$0.02
2021Detailed filing. Detailed filing data is available for this year.$4.66$0.00$4.66$0.43$0.16$0.26
2020Detailed filing. Detailed filing data is available for this year.$4.09$0.00$4.09$1.14$0.14$1.00
2019Detailed filing. Detailed filing data is available for this year.$3.62$0.00$3.62$0.43$0.11$0.33
2018Detailed filing. Detailed filing data is available for this year.$3.03$0.00$3.03$0.36$0.11$0.26
2017Detailed filing. Detailed filing data is available for this year.$3.19$0.00$3.19$0.19$0.10$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.65$0.00$2.65$0.18$0.11$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$0.19$0.12$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.41$0.19$0.11$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.20$0.08$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.00$1.81$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.00$1.58$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.00$1.53$0.07