Civic Intelligence

Domino'S Pizza Partners Foundation

EIN 58-1703733 • 501(c)3 • Ann Arbor, MI

Profile

Dominos Pizza Partners Foundation was established to assist Dominos Pizza team members in time of special need, crisis, or tragedy.

30 Frank Lloyd Wright DriveAnn Arbor, MI 48106
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

Higher debt load relative to assets than 9% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

10th percentile

0.01x

Higher debt load relative to revenue than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

10th percentile

-24%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

36th percentile

$131,860

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

5th percentile

-21%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

21st percentile

-8.1%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$21,528,942

Up $1,747,347 (+8.8%) from 2023

Liabilities

Up

$44,637

Up $15,696 (+54%) from 2023

Net Assets

Up

$21,484,305

Up $1,731,651 (+8.8%) from 2023

Revenue

Down

$3,987,872

Down $621,125 (-13%) from 2023

Expenses

Up

$4,489,394

Up $817,518 (+22%) from 2023

Net Income

Down

-$501,522

Down $1,438,643 (-154%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $3,803,026Liabilities 2010: $9,580Net Assets 2010: $3,793,4462010Assets 2011: $3,627,285Liabilities 2011: $9,531Net Assets 2011: $3,617,7542011Assets 2012: $4,253,627Liabilities 2012: $15,770Net Assets 2012: $4,237,8572012Assets 2013: $5,173,004Liabilities 2013: $3,950Net Assets 2013: $5,169,0542013Assets 2014: $5,609,283Liabilities 2014: $12,938Net Assets 2014: $5,596,3452014Assets 2015: $7,789,619Liabilities 2015: $5,450Net Assets 2015: $7,784,1692015Assets 2016: $9,004,571Liabilities 2016: $8,800Net Assets 2016: $8,995,7712016Assets 2017: $11,198,414Liabilities 2017: $18,357Net Assets 2017: $11,180,0572017Assets 2018: $11,124,182Liabilities 2018: $22,652Net Assets 2018: $11,101,5302018Assets 2019: $13,614,973Liabilities 2019: $30,524Net Assets 2019: $13,584,4492019Assets 2020: $18,060,741Liabilities 2020: $23,174Net Assets 2020: $18,037,5672020Assets 2021: $20,685,358Liabilities 2021: $135,316Net Assets 2021: $20,550,0422021Assets 2022: $16,380,905Liabilities 2022: $30,290Net Assets 2022: $16,350,6152022Assets 2023: $19,781,595Liabilities 2023: $28,941Net Assets 2023: $19,752,6542023Assets 2024: $21,528,942Liabilities 2024: $44,637Net Assets 2024: $21,484,3052024

Highlighted filing

2024

Assets$21,528,942
Liabilities$44,637
Net Assets$21,484,305

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,195,3022010Expenses 2011: $1,209,2642011Expenses 2012: $1,263,3592012Revenue 2013: $2,047,760Expenses 2013: $1,237,532Net Income 2013: $810,2282013Revenue 2014: $2,340,518Expenses 2014: $1,503,880Net Income 2014: $836,6382014Revenue 2015: $4,254,759Expenses 2015: $1,634,204Net Income 2015: $2,620,5552015Revenue 2016: $2,815,621Expenses 2016: $1,533,212Net Income 2016: $1,282,4092016Revenue 2017: $4,066,113Expenses 2017: $1,967,900Net Income 2017: $2,098,2132017Revenue 2018: $4,047,852Expenses 2018: $2,209,170Net Income 2018: $1,838,6822018Revenue 2019: $3,100,814Expenses 2019: $2,498,865Net Income 2019: $601,9492019Revenue 2020: $4,501,207Expenses 2020: $2,589,064Net Income 2020: $1,912,1432020Revenue 2021: $3,714,945Expenses 2021: $3,128,092Net Income 2021: $586,8532021Revenue 2022: $3,415,379Expenses 2022: $4,242,749Net Income 2022: -$827,3702022Revenue 2023: $4,608,997Expenses 2023: $3,671,876Net Income 2023: $937,1212023Revenue 2024: $3,987,872Expenses 2024: $4,489,394Net Income 2024: -$501,5222024

Highlighted filing

2024

Revenue$3,987,872
Expenses$4,489,394
Net Income-$501,522

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$0.04$21.5$3.99$4.49$0.50
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.8$0.03$19.8$4.61$3.67$0.94
2022Detailed filing. Detailed filing data is available for this year.$16.4$0.03$16.4$3.42$4.24$0.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$0.14$20.6$3.71$3.13$0.59
2020Detailed filing. Detailed filing data is available for this year.$18.1$0.02$18.0$4.50$2.59$1.91
2019Detailed filing. Detailed filing data is available for this year.$13.6$0.03$13.6$3.10$2.50$0.60
2018Detailed filing. Detailed filing data is available for this year.$11.1$0.02$11.1$4.05$2.21$1.84
2017Detailed filing. Detailed filing data is available for this year.$11.2$0.02$11.2$4.07$1.97$2.10
2016Detailed filing. Detailed filing data is available for this year.$9.00$0.01$9.00$2.82$1.53$1.28
2015Detailed filing. Detailed filing data is available for this year.$7.79$0.01$7.78$4.25$1.63$2.62
2014Detailed filing. Detailed filing data is available for this year.$5.61$0.01$5.60$2.34$1.50$0.84
2013Detailed filing. Detailed filing data is available for this year.$5.17$0.00$5.17$2.05$1.24$0.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.25$0.02$4.24$1.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$0.01$3.62$1.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.01$3.79$1.20
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$4,368,948
Mission and Program Overview

Mission

Dominos Pizza Partners Foundation was established to assist Dominos Pizza team members in time of special need, crisis, or tragedy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$19,394,658$15,542,809▼ $3,851,849
Savings and Temporary Cash Investments$439,267$527,208▲ $87,941
Cash and Non-Interest-Bearing Accounts$848,873$190,888▼ $657,985
Pledges and Grants Receivable$2,560$120,000▲ $117,440
Total Assets$20,685,358$16,380,905▼ $4,304,453
Liabilities
Accounts Payable and Accrued Expenses$135,316$30,290▼ $105,026
Total Liabilities$135,316$30,290▼ $105,026
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,138,950$9,730,713▼ $1,408,237
Net Assets Without Donor Restrictions$9,411,092$6,619,902▼ $2,791,190
Total Net Assets Fund Balance$20,550,042$16,350,615▼ $4,199,427
Total Liabilities and Net Assets / Fund Balance$20,685,358$16,380,905▼ $4,304,453

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$10,663,780--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$13,000,143$205,292▼ $1,894,447-$11,310,988
2021$11,576,593$201,243▲ $1,222,307-$13,000,143
2020$8,512,248$1,609,815▲ $1,454,530-$11,576,593
2019$7,220,981$56,517▲ $1,234,750-$8,512,248
2018$7,843,752$167,587▼ $790,358-$7,220,981
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mairin WatsonExecutive DirectorFT$129,045$46,032$175,077

Board Members and Trustees

NameTitle
Lisa PriceBoard Chair
Tim McIntyreBoard Chair until March 2022
Brian BaileyTrustee
Fernando SalidoTrustee
Jason ShifflettTrustee
Jeannette SharpTrustee
Jessica ParrishTrustee
Jim GronemannTrustee
Paul MahoneyTrustee
Sue GravesTrustee
Tareq HishmehTrustee
Mike OrcuttTrustee, Lifetime Member as Founder
Revenue and Support

Revenue Composition

Contributions and Grants
$2,945,083
Program Service Revenue
$0
Investment Income
$470,296
Other Revenue
$0
All Other Contributions
$2,743,064
Change in Net Assets
$-827,370

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$36,878Fair Market Value (FMV)
Total Noncash Contributions1$36,878-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,415,379
Revenue Not Reported on Form 990
$-3,337,057
Total Revenue per Audited Statements
$78,322
Total Revenue per Form 990
$3,415,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,370,451
Salaries, Compensation, and Employee Benefits$759,337
Total Fundraising Expense$205,878
Other Expenses$112,961
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,360,751--$2,360,751
Foreign Grants$1,009,700--$1,009,700
Other Salaries and Wages$245,863$65,763$50,687$362,313
Current Officers, Directors, Trustees, and Key Employees$70,031$17,508$87,539$175,078
Other Employee Benefits$114,291$19,088$36,410$169,789
Fees for Services Accounting$5,232$28,485$5,782$39,499
Payroll Taxes$24,307$4,244$10,031$38,582
Information Technology$29,503$7,375-$36,878
Pension Plan Contributions$9,521$1,543$2,511$13,575
Office Expenses$3,406$5,039$4,615$13,060
All Other Expenses$610$2,754$7,043$10,407
Advertising$2,047$5,324$819$8,190
Conferences and Meetings-$2,032-$2,032
Insurance-$1,021-$1,021
Fees for Services Legal-$992-$992
Travel$353$88$441$882
Total Functional Expenses$3,875,615$161,256$205,878$4,242,749

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,277,749
Expenses per Audited Statements$4,242,749
Total Expenses per Form 990$4,242,749
Expenses Not Reported on Form 990$35,000
International Activity

International Summary

Spending
$1,009,700

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Russia and the Neighboring StatesAssistance to individuals located in the region---$1,000,000
East Asia and the PacificAssistance to individuals located in the region---$4,300
South AmericaAssistance to individuals located in the region---$2,400
North AmericaAssistance to individuals located in the region---$1,750
Sub-Saharan AfricaAssistance to individuals located in the region---$1,250
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,641
Fundraising Gross Income$18,641
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
World Wide Rally$220,660$18,641$18,641$0
Total Events$220,660$18,641$18,641-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Part VI, Section B, Line 11B

Organizations Process to Review Form 990 - The Board of Trustees reviews the Form 990 prior to filing.

Form 990, Part VI, Section B, Line 12C

Enforcement of Conflict of Interest Policy - The board asks that any officer, trustee, or key employee submit an email or written memorandum to the Board Chair regarding any situations that could be seen as a conflict.

Form 990, Part VI, Section B, Line 15A

Compensation Process for Top Official - The Board of Trustees designates the Board Chair to conduct an annual review with the Executive Director. The Board Chair then shares those results with the board, and together with them, makes a decision on compensation.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Form 990, Part VI, Section A, Line 4

The organizations bylaws were revised in December 2022 with the following changes 1 Added an article regarding the engagement of the board of trustees, specifically that any trustee who misses more than one of the four quarterly board meetings is subject to disciplinary action, including but not limited to vacating their seat following a majority board vote to remove them 2 Reduced the terms of service of the board of trustees and the officers from nine years down to six years total, and each individual term reduced from three years down to two years and 3 Added an article around the formation, structure and purpose of any committees or subcommittees formed as an offshoot of the board of trustees.

Filing and Contact Details

Filer

Filer Name
Domino's Pizza Partners Foundation
EIN
58-1703733
Phone
7349303297
Address
30 Frank Lloyd Wright Drive, Ann Arbor, MI 48106

Signing Officer

Name
Mairin Watson
Title
Executive Director
Phone
7349303297
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mairin Watson
Formed
1986
Legal Domicile
Ga
Voting Board Members
11
Independent Board Members
11
Employees
8
Volunteers
14

Preparer

Firm
Bennett & Associates CPAs PLLC
Address
100 Huronview Blvd, Ann Arbor, MI 48103
Preparer
James H Bennett CPA
Phone
7346228015
Supplemental Narrative

Financial Statement Notes

V 4

In 2002, the organization began a campaign to raise endowment funds to be retained in perpetuity. The organization has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to support the assistance of Dominos Pizza team members while seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds that the organization must hold in perpetuity. Under this policy, as approved by the Board of Trustees, the endowment assets are invested in the Centerstone Fund of the TIFF Investment Program. To date, the earnings on the endowment funds, which have no purpose restriction, have been reinvested in the TIFF account for future need. The endowment funds have been kept intact, and additional funds have been added through further fundraising efforts. This is consistent with the organizations objective to maintain the purchasing power of the endowment assets held in perpetuity as well as to provide additional real growth through new gifts and investment return. The endowment also includes certain net assets without donor restrictions that have been designated for endowment by the Board of Trustees, the earnings of which are intended to be used to support the assistance of Dominos Pizza team members.

Raw XML AppendixShowing 400 of 580 raw XML fields

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/Form990PartVIISectionAGrp/PersonNm1Mike Orcutt
IRS990/Form990PartVIISectionAGrp/PersonNm2Paul Mahoney
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IRS990/Form990PartVIISectionAGrp/PersonNm4Brian Bailey
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IRS990/Form990PartVIISectionAGrp/PersonNm11Jeannette Sharp
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee, Lifetime Member as Founder
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Chair until March 2022
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0In 2002, the organization began a campaign to raise endowment funds to be retained in perpetuity. The organization has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to support the assistance of Dominos Pizza team members while seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds that the organization must hold in perpetuity. Under this policy, as approved by the Board of Trustees, the endowment assets are invested in the Centerstone Fund of the TIFF Investment Program. To date, the earnings on the endowment funds, which have no purpose restriction, have been reinvested in the TIFF account for future need. The endowment funds have been kept intact, and additional funds have been added through further fundraising efforts. This is consistent with the organizations objective to maintain the purchasing power of the endowment assets held in perpetuity as well as to provide additional real growth through new gifts and investment return. The endowment also includes certain net assets without donor restrictions that have been designated for endowment by the Board of Trustees, the earnings of which are intended to be used to support the assistance of Dominos Pizza team members.
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