Civic Intelligence

Celebrate Great Falls Foundation

990 • Fiscal year 2019 • EIN 54-1791999

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 05, 2020

P O Box 295Great Falls, VA 22066

(571) 293-0474

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

48th percentile

2.6%

Higher net margin than 48% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

34th percentile

-6.1%

Faster asset growth than 34% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

-3.8%

Faster revenue growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$232,067

Down $15,101 (-6.1%) from 2018

Net Assets

Up

$232,067

Up $4,989 (+2.2%) from 2018

Liabilities

Down

$0

Down $20,090 (-100%) from 2018

Revenue

Down

$193,855

Down $7,740 (-3.8%) from 2018

Expenses

Up

$188,866

Up $834 (+0.4%) from 2018

Net Income

Down

$4,989

Down $8,574 (-63%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $212,271Liabilities 2010: $0Net Assets 2010: $212,2712010Assets 2011: $220,246Liabilities 2011: $0Net Assets 2011: $220,2462011Assets 2012: $217,360Liabilities 2012: $0Net Assets 2012: $217,3602012Assets 2013: $167,079Liabilities 2013: $0Net Assets 2013: $167,0792013Assets 2014: $176,775Liabilities 2014: $0Net Assets 2014: $176,7752014Assets 2015: $196,743Liabilities 2015: $0Net Assets 2015: $196,7432015Assets 2016: $205,971Liabilities 2016: $0Net Assets 2016: $205,9712016Assets 2017: $213,515Liabilities 2017: $0Net Assets 2017: $213,5152017Assets 2018: $247,168Liabilities 2018: $20,090Net Assets 2018: $227,0782018Assets 2019: $232,067Liabilities 2019: $0Net Assets 2019: $232,0672019Assets 2020: $241,347Liabilities 2020: $0Net Assets 2020: $241,3472020Assets 2021: $228,537Liabilities 2021: $0Net Assets 2021: $228,5372021Assets 2022: $281,752Liabilities 2022: $0Net Assets 2022: $281,7522022Assets 2023: $339,431Liabilities 2023: $0Net Assets 2023: $339,4312023Assets 2024: $326,025Liabilities 2024: $1,000Net Assets 2024: $325,0252024

Highlighted filing

2019

Assets$232,067
Liabilities$0
Net Assets$232,067

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $37,633Expenses 2010: $25,772Net Income 2010: $11,8612010Revenue 2011: $34,251Expenses 2011: $26,276Net Income 2011: $7,9752011Revenue 2012: $39,299Expenses 2012: $42,185Net Income 2012: -$2,8862012Revenue 2013: $39,568Expenses 2013: $89,849Net Income 2013: -$50,2812013Revenue 2014: $70,469Expenses 2014: $60,773Net Income 2014: $9,6962014Revenue 2015: $173,455Expenses 2015: $153,487Net Income 2015: $19,9682015Revenue 2016: $163,586Expenses 2016: $154,358Net Income 2016: $9,2282016Revenue 2017: $164,669Expenses 2017: $157,125Net Income 2017: $7,5442017Revenue 2018: $201,595Expenses 2018: $188,032Net Income 2018: $13,5632018Revenue 2019: $193,855Expenses 2019: $188,866Net Income 2019: $4,9892019Revenue 2020: $68,171Expenses 2020: $58,891Net Income 2020: $9,2802020Revenue 2021: $168,276Expenses 2021: $181,086Net Income 2021: -$12,8102021Revenue 2022: $274,257Expenses 2022: $221,042Net Income 2022: $53,2152022Revenue 2023: $275,131Expenses 2023: $217,452Net Income 2023: $57,6792023Revenue 2024: $243,493Expenses 2024: $257,899Net Income 2024: -$14,4062024

Highlighted filing

2019

Revenue$193,855
Expenses$188,866
Net Income$4,989
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 5, 2020
Return Version
2019v5.0
Gross Receipts
$242,959
Mission and Program Overview

Mission

Support local charitable orgs and events

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$144,906$176,165▲ $31,259
Cash and Non-Interest-Bearing Accounts$101,441$55,289▼ $46,152
Land, Buildings, and Equipment, Net$821$383▼ $438
Accounts Receivable-$230-
Total Assets$247,168$232,067▼ $15,101
Liabilities
Other Liabilities$20,090--
Total Liabilities$20,090$0▼ $20,090
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$227,078$232,067▲ $4,989
Total Net Assets Fund Balance$227,078$232,067▲ $4,989
Total Liabilities and Net Assets / Fund Balance$247,168$232,067▼ $15,101

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$383$3,617-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Beverly LanePresident
Kate Simmons HickeyVice President
Barbara MorehouseDirector
Eamon MccrannDirector
Erin LobatoDirector
Kathy MatayDirector
Maria RennertDirector
Glynis CantoSecretary
Frank PierucciniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$17,126
Program Service Revenue
$132,046
Investment Income
$6,258
Other Revenue
$38,425
All Other Contributions
$17,126
Change in Net Assets
$4,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$139,366
Grants and Similar Amounts Paid$49,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$49,500--$49,500
Fees for Services Management$33,074--$33,074
Fees for Services Other$25,205--$25,205
Advertising$17,245--$17,245
Other Expenses$7,440--$7,440
Occupancy$5,878--$5,878
Information Technology$3,327--$3,327
Insurance$3,149--$3,149
Conferences and Meetings$1,889--$1,889
Office Expenses$1,673--$1,673
Depreciation Depletion$438--$438
Total Functional Expenses$188,866$0$0$188,866
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Colvin Run Elementary SchoolVienna, VA501c3-$15,000
Forestville Elementary SchoolGreat Falls, VA501c3-$15,000
Great Falls Elementary SchoolGreat Falls, VA501c3-$15,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$87,529
Fundraising Direct Expenses$49,104
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournmt$87,529$42,529$7,155$35,374
Total Events$87,529$42,529$49,104$-6,575
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Contributions-
Credit Card Overpayment-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The governing body maintains close observation and adminstration of all activites performed by its members.

Governing documents etc available to public Part VI line 19

Organization documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Celebrate Great Falls Foundation
EIN
54-1791999
Address
P O BOX 295, GREAT FALLS, VA 22066

Signing Officer

Name
Frank Pieruccini
Title
Treasurer
Phone
5712930474
Signed
2020-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beverly Lane
Formed
1998
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
8
Employees
0

Preparer

Firm
Joan F Clark CPA PC
Address
46400 Benedict Dr Ste 203, Sterling, VA 20164
Preparer
Joan F Clark
Phone
7034449394
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Entertainment for events $25,698catering for events $11,908other outside services $12,400

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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0114783
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0119820
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0108410
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt094945
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0138955
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0576913
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06258
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04923
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04653
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06595
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt022440
IRS990ScheduleA/InvestmentIncomeCYPct00.03000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97490
IRS990ScheduleA/PublicSupportPY509Pct00.98180
IRS990ScheduleA/PublicSupportTotal509Amt0872692
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0149172
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0162973
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0179426
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0178788
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0202333
IRS990ScheduleA/Total509Grp/TotalAmt0872692
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0155430
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0167896
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0184079
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0185383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0202344
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0895132
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0383
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03617
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt04000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED CONTRIBUTIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD OVERPAYMENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0383
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0500
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt045000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt045000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt049104
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNMT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0168
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0168
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt087529
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt087529
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt042529
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt042529
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-6575
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01129
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01129
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07155
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07155
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt040152
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt040152
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FORESTVILLE ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GREAT FALLS ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2COLVIN RUN ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0540787833
IRS990ScheduleI/RecipientTable/RecipientEIN1540787833
IRS990ScheduleI/RecipientTable/RecipientEIN2540787833
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01085 UTTERBACK STORE ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1701 WALKER ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21400 TRAP ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GREAT FALLS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1GREAT FALLS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2VIENNA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022066
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd122066
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd222182
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY MAINTAINS CLOSE OBSERVATION AND ADMINSTRATION OF ALL ACTIVITES PERFORMED BY ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENTERTAINMENT FOR EVENTS $25,698CATERING FOR EVENTS $11,908OTHER OUTSIDE SERVICES $12,400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0247168
IRS990/TotalAssetsEOYAmt0232067
IRS990/TotalAssetsGrp/BOYAmt0247168
IRS990/TotalAssetsGrp/EOYAmt0232067
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt017126
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0188866
IRS990/TotalFunctionalExpensesGrp/TotalAmt0188866
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020090
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt020090
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0227078
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0232067
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0188866
IRS990/TotalProgramServiceRevenueAmt0132046
IRS990/TotalReportableCompFromOrgAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.26$0.01$3.25$2.43$2.58$0.14
2023Detailed filing. Detailed filing data is available for this year.$3.39$0.00$3.39$2.75$2.17$0.58
2022Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$2.74$2.21$0.53
2021Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$1.68$1.81$0.13
2020Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.41$0.68$0.59$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$1.94$1.89$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.47$0.20$2.27$2.02$1.88$0.14
2017Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$1.65$1.57$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$1.64$1.54$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$1.73$1.53$0.20
2014Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.70$0.61$0.10
2013Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$0.40$0.90$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.00$2.17$0.39$0.42$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.00$2.20$0.34$0.26$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.00$2.12$0.38$0.26$0.12