Civic Intelligence

Austin Area Foundation

990 • Fiscal year 2013 • EIN 58-2671449

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 17, 2014

110 1st Ave SE PO Box 655912

(507) 434-7494

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

0.00x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

96th percentile

78%

Higher net margin than 96% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

85th percentile

31%

Faster asset growth than 85% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

88th percentile

65%

Faster revenue growth than 88% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Assets

Up

$814,705

Up $193,542 (+31%) from 2012

Net Assets

Up

$814,705

Up $193,542 (+31%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

Up

$189,567

Up $74,622 (+65%) from 2012

Expenses

Down

$40,844

Down $16,839 (-29%) from 2012

Net Income

Up

$148,723

Up $91,461 (+160%) from 2012

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: $525,422Liabilities 2010: $0Net Assets 2010: $525,4222010Assets 2011: $537,646Liabilities 2011: $0Net Assets 2011: $537,6462011Assets 2012: $621,163Liabilities 2012: $0Net Assets 2012: $621,1632012Assets 2013: $814,705Liabilities 2013: $0Net Assets 2013: $814,7052013Assets 2014: $802,757Liabilities 2014: $0Net Assets 2014: $802,7572014Assets 2015: $896,068Liabilities 2015: $0Net Assets 2015: $896,0682015Assets 2016: $1,022,161Liabilities 2016: $0Net Assets 2016: $1,022,1612016Assets 2017: $1,605,205Liabilities 2017: $0Net Assets 2017: $1,605,2052017Assets 2018: $1,639,588Liabilities 2018: $0Net Assets 2018: $1,639,5882018Assets 2019: $1,909,468Liabilities 2019: $0Net Assets 2019: $1,909,4682019Assets 2020: $2,097,896Liabilities 2020: $0Net Assets 2020: $2,097,8962020Assets 2021: $2,872,306Liabilities 2021: $0Net Assets 2021: $2,872,3062021Assets 2022: $2,959,445Liabilities 2022: $0Net Assets 2022: $2,959,4452022Assets 2023: $3,347,359Liabilities 2023: $0Net Assets 2023: $3,347,3592023Assets 2024: $4,042,463Liabilities 2024: $0Net Assets 2024: $4,042,4632024

Highlighted filing

2013

Assets$814,705
Liabilities$0
Net Assets$814,705

Operations Trend

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

$1.0M$500K$0Expenses 2010: $297,6842010Revenue 2011: $114,987Expenses 2011: $90,027Net Income 2011: $24,9602011Revenue 2012: $114,945Expenses 2012: $57,683Net Income 2012: $57,2622012Revenue 2013: $189,567Expenses 2013: $40,844Net Income 2013: $148,7232013Revenue 2014: $464,859Expenses 2014: $463,208Net Income 2014: $1,6512014Revenue 2015: $303,960Expenses 2015: $159,082Net Income 2015: $144,8782015Revenue 2016: $243,137Expenses 2016: $162,187Net Income 2016: $80,9502016Revenue 2017: $641,734Expenses 2017: $137,177Net Income 2017: $504,5572017Revenue 2018: $229,288Expenses 2018: $105,300Net Income 2018: $123,9882018Revenue 2019: $237,663Expenses 2019: $165,574Net Income 2019: $72,0892019Revenue 2020: $239,741Expenses 2020: $182,521Net Income 2020: $57,2202020Revenue 2021: $867,122Expenses 2021: $269,300Net Income 2021: $597,8222021Revenue 2022: $781,113Expenses 2022: $394,881Net Income 2022: $386,2322022Revenue 2023: $459,905Expenses 2023: $305,843Net Income 2023: $154,0622023Revenue 2024: $940,993Expenses 2024: $479,732Net Income 2024: $461,2612024

Highlighted filing

2013

Revenue$189,567
Expenses$40,844
Net Income$148,723
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 17, 2014
Return Version
2013v3.0
Gross Receipts
$303,064
Mission and Program Overview

Mission

To help maintain and enhance the quality of life in the austin area.

Support nonprofit organizations by managing & distributing charitable gifts

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$621,163$814,705▲ $193,542
Investments in Publicly Traded Securities$498,237$596,197▲ $97,960
Cash and Non-Interest-Bearing Accounts$13,664$137,878▲ $124,214
Savings and Temporary Cash Investments$109,262$80,630▼ $28,632
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$621,163$814,705▲ $193,542
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$621,163$814,705▲ $193,542
Total Liabilities and Net Assets / Fund Balance$621,163$814,705▲ $193,542

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$518,945$38,050▲ $71,991-$603,772
2012$445,226$49,205▲ $23,438-$518,945
2011$422,221$46,635▼ $4,070-$445,226
2010$295,773$80,671▲ $57,331$2,500$422,691
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$162,266
Program Service Revenue
$0
Investment Income
$27,301
Other Revenue
$0
All Other Contributions
$162,266
Change in Net Assets
$148,723
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,970
Other Expenses$15,874
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$24,970--$24,970
Advertising-$4,543-$4,543
Fees for Services Other-$2,454-$2,454
Fees for Services Accounting-$2,050-$2,050
Fees for Service Investment Mgmnt Fees-$1,345-$1,345
Insurance-$807-$807
Office Expenses-$790-$790
Occupancy$300$300-$600
Other Expenses$685$200-$200
Total Functional Expenses$28,355$12,489$0$40,844
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, Part VI, Section B, Line 11

At the time that the board approves a resolution on the filing of the 990, the board treasurer will inform the board that if anyone wants a copy, one will be provided or they may stop into the office to see/read it accordingly.

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

A confidentiality and conflict of interest policy form is provided annually to all trustees for the foundation to be completed and kept on file. The policy states that trustees are responsible for disclosing any conflicts of interest in writing to the board of trustees, and a disclosure should be made annually in regard to each conflict. The policy applies to each trustee, their immediate family members, and close relatives. Any person making a disclosure should abstain themselves from the vote on that particular grant or transaction.

Form 990, Part VI, Section C, Line 19

The foundation's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

EIN
58-2671449
Phone
5074347494

Signing Officer

Name
Michael Ruzek
Title
Board President
Phone
5074347494
Signed
2014-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Ruzek
Formed
2003
Legal Domicile
Mn
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
18

Preparer

Preparer
Lowell Foster
Phone
5074347000
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Maintain and enhance resources of the austin area by supporting qualified nonprofit organizations.

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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL RUZEK
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt091329
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt031823
IRS990/PYInvestmentIncomeAmt023616
IRS990/PYOtherExpensesAmt025860
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt057262
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt057683
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0114945
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0148723
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0621163
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0814705
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0109262
IRS990/SavingsAndTempCashInvstGrp/EOYAmt080630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0162266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt091329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0105827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0246638
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0231622
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0837682
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024906
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017460
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018759
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012343
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt093132
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02642
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02642
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49500
IRS990ScheduleA/PublicSupportPY170Pct00.50510
IRS990ScheduleA/PublicSupportTotal170Amt0462091
IRS990ScheduleA/SubstantialContributorsTotAmt0375591
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0162266
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt091329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0105827
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0246638
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0231622
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0837682
IRS990ScheduleA/TotalSupportAmt0933456
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/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt06991
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0518945
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt038050
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0603772
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt018223
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt071991
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01369
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0445226
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt049205
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0518945
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt015000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt023438
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01060
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0422221
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt046635
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0445226
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt018500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-4070
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01584
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0295773
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt080671
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0422691
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt07000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt057331
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt02500
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt066000
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt06747
IRS990ScheduleD/DonorAdvisedFundsHeldCnt02
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt065433
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MAINTAIN AND ENHANCE RESOURCES OF THE AUSTIN AREA BY SUPPORTING QUALIFIED NONPROFIT ORGANIZATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0PHILANTHROPY EDUCATION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt05657
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0GAIL DENNISON
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0ORGANIZATION TRUSTEE
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0SCHOLARSHIP FOR PHILANTHROPY EDUCATION
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AT THE TIME THAT THE BOARD APPROVES A RESOLUTION ON THE FILING OF THE 990, THE BOARD TREASURER WILL INFORM THE BOARD THAT IF ANYONE WANTS A COPY, ONE WILL BE PROVIDED OR THEY MAY STOP INTO THE OFFICE TO SEE/READ IT ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CONFIDENTIALITY AND CONFLICT OF INTEREST POLICY FORM IS PROVIDED ANNUALLY TO ALL TRUSTEES FOR THE FOUNDATION TO BE COMPLETED AND KEPT ON FILE. THE POLICY STATES THAT TRUSTEES ARE RESPONSIBLE FOR DISCLOSING ANY CONFLICTS OF INTEREST IN WRITING TO THE BOARD OF TRUSTEES, AND A DISCLOSURE SHOULD BE MADE ANNUALLY IN REGARD TO EACH CONFLICT. THE POLICY APPLIES TO EACH TRUSTEE, THEIR IMMEDIATE FAMILY MEMBERS, AND CLOSE RELATIVES. ANY PERSON MAKING A DISCLOSURE SHOULD ABSTAIN THEMSELVES FROM THE VOTE ON THAT PARTICULAR GRANT OR TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$0.00$4.04$0.94$0.48$0.46
2023Detailed filing. Detailed filing data is available for this year.$3.35$0.00$3.35$0.46$0.31$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$0.78$0.39$0.39
2021Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$0.87$0.27$0.60
2020Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$0.24$0.18$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$0.24$0.17$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.23$0.11$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$0.64$0.14$0.50
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.24$0.16$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.30$0.16$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.46$0.46$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.19$0.04$0.15
2012Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$0.11$0.06$0.06
2011Summary only. Only limited summary data is available for this year.$0.54$0.00$0.54$0.11$0.09$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$0.30