Civic Intelligence

Hardwood Forest Foundation Inc.

990EZ • Fiscal year 2020 • EIN 58-1933716

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 13, 2021

PO Box 57Collierville, TN 38027

(901) 860-4131

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.10x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

9th percentile

-78%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$47,731

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 76.4% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

20th percentile

-19%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

48th percentile

-16%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$218,628

Down $51,153 (-19%) from 2019

Net Assets

Down

$212,652

Down $48,872 (-19%) from 2019

Liabilities

Down

$5,976

Down $2,281 (-28%) from 2019

Revenue

Down

$62,444

Down $11,812 (-16%) from 2019

Expenses

Down

$111,316

Down $2,297 (-2.0%) from 2019

Net Income

Down

-$48,872

Down $9,515 (-24%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $501,023Liabilities 2011: $9,065Net Assets 2011: $491,9582011Assets 2012: $512,791Liabilities 2012: $25,949Net Assets 2012: $486,8422012Assets 2013: $452,151Liabilities 2013: $22,501Net Assets 2013: $429,6502013Assets 2014: $384,662Liabilities 2014: $26,602Net Assets 2014: $358,0602014Assets 2015: $303,141Liabilities 2015: $4,735Net Assets 2015: $298,4062015Assets 2016: $325,523Liabilities 2016: $9,563Net Assets 2016: $315,9602016Assets 2017: $320,568Liabilities 2017: $3,421Net Assets 2017: $317,1472017Assets 2018: $303,101Liabilities 2018: $9,720Net Assets 2018: $293,3812018Assets 2019: $269,781Liabilities 2019: $8,257Net Assets 2019: $261,5242019Assets 2020: $218,628Liabilities 2020: $5,976Net Assets 2020: $212,6522020Assets 2021: $233,175Liabilities 2021: $15,358Net Assets 2021: $217,8172021Assets 2022: $149,865Liabilities 2022: $16,208Net Assets 2022: $133,6572022Assets 2023: $82,972Liabilities 2023: $7,000Net Assets 2023: $75,9722023Assets 2024: $88,718Liabilities 2024: $8,900Net Assets 2024: $79,8182024

Highlighted filing

2020

Assets$218,628
Liabilities$5,976
Net Assets$212,652

Operations Trend

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

$200K$100K$0-$100KExpenses 2011: $46,6672011Expenses 2012: $77,6852012Revenue 2013: $63,491Expenses 2013: $120,030Net Income 2013: -$56,5392013Revenue 2014: $75,323Expenses 2014: $146,912Net Income 2014: -$71,5892014Revenue 2015: $162,635Expenses 2015: $149,975Net Income 2015: $12,6602015Revenue 2016: $150,038Expenses 2016: $132,484Net Income 2016: $17,5542016Revenue 2017: $101,336Expenses 2017: $115,149Net Income 2017: -$13,8132017Revenue 2018: $95,895Expenses 2018: $134,661Net Income 2018: -$38,7662018Revenue 2019: $74,256Expenses 2019: $113,613Net Income 2019: -$39,3572019Revenue 2020: $62,444Expenses 2020: $111,316Net Income 2020: -$48,8722020Revenue 2021: $113,674Expenses 2021: $108,509Net Income 2021: $5,1652021Revenue 2022: $113,710Expenses 2022: $197,870Net Income 2022: -$84,1602022Revenue 2023: $132,162Expenses 2023: $189,847Net Income 2023: -$57,6852023Revenue 2024: $152,174Expenses 2024: $165,508Net Income 2024: -$13,3342024

Highlighted filing

2020

Revenue$62,444
Expenses$111,316
Net Income-$48,872
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 13, 2021
Return Version
2020v4.1
Gross Receipts
$64,471
Mission and Program Overview

Mission

The hardwood forest foundation's purpose is to support research and education in hardwood forestry issues by raising funds and bringing together people with the knowledge and skills necessary to address fundamental problems. The foundation publishes important information for both professionals and the public. It makes grants and awards scholarships to appropriate individuals and institutions which further hardwood forestry research and education.

The hardwood forest foundation's purpose is to support the forest products industry through education, promotion, and advocacy of science-based facts about sustainable forestry, and revealing the truth about trees - our world's most diverse, abundant, renewable natural resource.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION PRODUCES AND PROMOTES EDUCATIONAL FILMS AND PUBLICATIONS RELATED TO TEACHING THE GENERAL PUBLIC ABOUT ECOLOGY OF HARDWOOD FORESTS AND THE ROLE THEY PLAY IN OUR SOCIETY.$0$45,839
THE FOUNDATION AWARDS SCHOLARSHIPS TO INDIVIDUALS AND INSTITUTIONS WHICH FURTHER HARDWOOD FORESTRY RESEARCH AND EDUCATION.$750$750
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALLISON DEFORDExecutive Director (Part Year)FT$46,731$1,000$47,731
JENNIFER REITHExecutive Director (Part Year)FT$8,080-$8,080
STEPHANIE VANDYSTADTPresident-$0--
DEONN DEFORDVice President-$0--
JESPER BACHSecretary-$0--
WILLIAM COLLINSTreasurer-$0--
JEFF DURSTPast President-$0--
BRIAN HARRBoard Member-$0--
JEREMY HOWARDBoard Member-$0--
ANDY JOHNSONBoard Member-$0--
ELIZABETH LANGANBoard Member-$0--
KEVIN MERSHIMERBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Virtual Golf Tournament$12,900$4,150$2,027$2,123
Total Events$12,900$4,150$2,027$2,123
Filing and Contact Details

Filer

Filer Name
Hardwood Forest Foundation Inc
EIN
58-1933716
Phone
9018604131
Address
PO BOX 57, COLLIERVILLE, TN 38027

Signing Officer

Name
Allison Deford
Title
Executive Director
Phone
9018604131
Signed
2021-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Reynolds Bone & Griesbeck Plc
Address
5100 WHEELIS DRIVE SUITE 300, MEMPHIS, TN 38117-4568
Preparer
Kelly S Crow
Phone
9016822431
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: willard scholarship. Grantee name: willard scholarship. Date of gift: 01/20/20. Amount given: 750. Total included on form 990-ez, line 10: 750.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: amortization. Amount: 5,668. Description: conferences & meetings. Amount: 1,013. Description: educational supplies. Amount: 1,368. Description: insurance. Amount: 3,699. Description: office expense. Amount: 7,342. Description: other. Amount: 5,989. Description: payroll taxes. Amount: 4,653. Description: travel expense. Amount: 1,114. Description: website fee. Amount: 2,907. Total to form 990-ez, line 16: 33,753.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other receivables. Beg. Of year amount: 2,751. End of year amount: 0. Description: due from related party. Beg. Of year amount: 1,500. End of year amount: 1,703. Description: prepaid expenses. Beg. Of year amount: 2,127. End of year amount: 1,968. Description: intangible assets (net). Beg. Of year amount: 14,856. End of year amount: 9,188.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accrued expenses. Beg. Of year amount: 8,257. End of year amount: 5,976.

RELATED PARTY DISCLOSURE:

Deonn deford is a member of the board of directors and has a family relationship with allison deford, who is an employee of the organization.

Raw XML Appendix249 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR (PART YEAR)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE DIRECTOR (PART YEAR)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PAST PRESIDENT
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IRS990EZ/PrimaryExemptPurposeTxt0THE HARDWOOD FOREST FOUNDATION'S PURPOSE IS TO SUPPORT THE FOREST PRODUCTS INDUSTRY THROUGH EDUCATION, PROMOTION, AND ADVOCACY OF SCIENCE-BASED FACTS ABOUT SUSTAINABLE FORESTRY, AND REVEALING THE TRUTH ABOUT TREES - OUR WORLD'S MOST DIVERSE, ABUNDANT, RENEWABLE NATURAL RESOURCE.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION PRODUCES AND PROMOTES EDUCATIONAL FILMS AND PUBLICATIONS RELATED TO TEACHING THE GENERAL PUBLIC ABOUT ECOLOGY OF HARDWOOD FORESTS AND THE ROLE THEY PLAY IN OUR SOCIETY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE FOUNDATION AWARDS SCHOLARSHIPS TO INDIVIDUALS AND INSTITUTIONS WHICH FURTHER HARDWOOD FORESTRY RESEARCH AND EDUCATION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: WILLARD SCHOLARSHIP. GRANTEE NAME: WILLARD SCHOLARSHIP. DATE OF GIFT: 01/20/20. AMOUNT GIVEN: 750. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: AMORTIZATION. AMOUNT: 5,668. DESCRIPTION: CONFERENCES & MEETINGS. AMOUNT: 1,013. DESCRIPTION: EDUCATIONAL SUPPLIES. AMOUNT: 1,368. DESCRIPTION: INSURANCE. AMOUNT: 3,699. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 7,342. DESCRIPTION: OTHER. AMOUNT: 5,989. DESCRIPTION: PAYROLL TAXES. AMOUNT: 4,653. DESCRIPTION: TRAVEL EXPENSE. AMOUNT: 1,114. DESCRIPTION: WEBSITE FEE. AMOUNT: 2,907. TOTAL TO FORM 990-EZ, LINE 16: 33,753.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER RECEIVABLES. BEG. OF YEAR AMOUNT: 2,751. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE FROM RELATED PARTY. BEG. OF YEAR AMOUNT: 1,500. END OF YEAR AMOUNT: 1,703. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 2,127. END OF YEAR AMOUNT: 1,968. DESCRIPTION: INTANGIBLE ASSETS (NET). BEG. OF YEAR AMOUNT: 14,856. END OF YEAR AMOUNT: 9,188.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 8,257. END OF YEAR AMOUNT: 5,976.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DEONN DEFORD IS A MEMBER OF THE BOARD OF DIRECTORS AND HAS A FAMILY RELATIONSHIP WITH ALLISON DEFORD, WHO IS AN EMPLOYEE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4RELATED PARTY DISCLOSURE:
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALLISON DEFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09018604131
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HARDWOOD FOREST FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0D/B/A NORTH AMERICAN FOREST FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HARD
ReturnHeader/Filer/EIN0581933716
ReturnHeader/Filer/PhoneNum09018604131
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 57
ReturnHeader/Filer/USAddress/CityNm0COLLIERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038027
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0620428728
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REYNOLDS BONE & GRIESBECK PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05100 WHEELIS DRIVE SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MEMPHIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0381174568
ReturnHeader/PreparerPersonGrp/PhoneNum09016822431
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLY S CROW
ReturnHeader/ReturnTs02021-11-13T17:00:27-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALLISON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DEFORD
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.89$0.09$0.80$1.52$1.66$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.07$0.76$1.32$1.90$0.58
2022Detailed filing. Detailed filing data is available for this year.$1.50$0.16$1.34$1.14$1.98$0.84
2021Detailed filing. Detailed filing data is available for this year.$2.33$0.15$2.18$1.14$1.09$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.19$0.06$2.13$0.62$1.11$0.49
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$0.08$2.62$0.74$1.14$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.03$0.10$2.93$0.96$1.35$0.39
2017Detailed filing. Detailed filing data is available for this year.$3.21$0.03$3.17$1.01$1.15$0.14
2016Detailed filing. Detailed filing data is available for this year.$3.26$0.10$3.16$1.50$1.32$0.18
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.03$0.05$2.98$1.63$1.50$0.13
2014Detailed filing. Detailed filing data is available for this year.$3.85$0.27$3.58$0.75$1.47$0.72
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.52$0.23$4.30$0.63$1.20$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.26$4.87$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.01$0.09$4.92$0.47