Civic Intelligence

Givewell Community Foundation Inc.

990 • Fiscal year 2022 • EIN 59-3649871

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 05, 2022

1501 S Florida AvenueLakeland, FL 33803

(863) 683-3131

Siviq Scores

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

Liabilities / Assets

17th percentile

0.05x

Higher debt load relative to assets than 17% of similar nonprofits.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2022

Liabilities / Revenue

11th percentile

0.10x

Higher debt load relative to revenue than 11% of similar nonprofits.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2022

Net Margin

98th percentile

85%

Higher net margin than 98% of similar nonprofits.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2022

Top Officer Pay

6th percentile

$212,500

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2022

Asset Growth

97th percentile

66%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

369%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2021 to 2022

Assets

Up

$419,262,531

Up $166,164,840 (+66%) from 2021

Net Assets

Up

$396,527,572

Up $164,195,369 (+71%) from 2021

Liabilities

Up

$22,734,959

Up $1,969,471 (+9.5%) from 2021

Revenue

Up

$231,457,010

Up $182,092,774 (+369%) from 2021

Expenses

Up

$34,740,274

Up $7,254,261 (+26%) from 2021

Net Income

Up

$196,716,736

Up $174,838,513 (+799%) from 2021

Historical Trend

Balance Sheet Trend

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

$800M$600M$400M$200M$0Assets 2011: $87,577,547Liabilities 2011: $4,851,492Net Assets 2011: $82,726,0552011Assets 2012: $89,938,377Liabilities 2012: $4,527,069Net Assets 2012: $85,411,3082012Assets 2013: $106,247,738Liabilities 2013: $5,394,323Net Assets 2013: $100,853,4152013Assets 2014: $129,506,437Liabilities 2014: $6,123,870Net Assets 2014: $123,382,5672014Assets 2015: $137,816,478Liabilities 2015: $7,375,070Net Assets 2015: $130,441,4082015Assets 2016: $146,109,729Liabilities 2016: $9,839,249Net Assets 2016: $136,270,4802016Assets 2017: $160,539,842Liabilities 2017: $11,414,212Net Assets 2017: $149,125,6302017Assets 2018: $177,988,182Liabilities 2018: $17,450,260Net Assets 2018: $160,537,9222018Assets 2019: $192,493,129Liabilities 2019: $18,439,247Net Assets 2019: $174,053,8822019Assets 2020: $199,717,123Liabilities 2020: $18,236,300Net Assets 2020: $181,480,8232020Assets 2021: $253,097,691Liabilities 2021: $20,765,488Net Assets 2021: $232,332,2032021Assets 2022: $419,262,531Liabilities 2022: $22,734,959Net Assets 2022: $396,527,5722022Assets 2023: $445,107,820Liabilities 2023: $39,234,784Net Assets 2023: $405,873,0362023Assets 2024: $620,895,896Liabilities 2024: $59,526,800Net Assets 2024: $561,369,0962024Assets 2025: $669,862,803Liabilities 2025: $68,998,625Net Assets 2025: $600,864,1782025

Highlighted filing

2022

Assets$419,262,531
Liabilities$22,734,959
Net Assets$396,527,572

Operations Trend

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

$300M$200M$100M$0-$100MExpenses 2011: $10,366,2212011Expenses 2012: $9,284,1532012Revenue 2013: $24,210,874Expenses 2013: $12,158,562Net Income 2013: $12,052,3122013Revenue 2014: $23,810,279Expenses 2014: $10,557,338Net Income 2014: $13,252,9412014Revenue 2015: $20,317,493Expenses 2015: $12,748,144Net Income 2015: $7,569,3492015Revenue 2016: $25,019,343Expenses 2016: $17,353,888Net Income 2016: $7,665,4552016Revenue 2017: $24,920,403Expenses 2017: $22,499,671Net Income 2017: $2,420,7322017Revenue 2018: $27,318,258Expenses 2018: $22,385,029Net Income 2018: $4,933,2292018Revenue 2019: $24,589,560Expenses 2019: $17,120,038Net Income 2019: $7,469,5222019Revenue 2020: $28,555,406Expenses 2020: $21,681,914Net Income 2020: $6,873,4922020Revenue 2021: $49,364,236Expenses 2021: $27,486,013Net Income 2021: $21,878,2232021Revenue 2022: $231,457,010Expenses 2022: $34,740,274Net Income 2022: $196,716,7362022Revenue 2023: $43,152,741Expenses 2023: $57,755,202Net Income 2023: -$14,602,4612023Revenue 2024: $189,521,247Expenses 2024: $74,699,303Net Income 2024: $114,821,9442024Revenue 2025: $63,733,787Expenses 2025: $65,970,905Net Income 2025: -$2,237,1182025

Highlighted filing

2022

Revenue$231,457,010
Expenses$34,740,274
Net Income$196,716,736
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 5, 2022
Return Version
2021v4.0
Gross Receipts
$231,571,863
Mission and Program Overview

Mission

The mission of givewell community foundation is to champion charitable giving to improve the quality of life in the areas we serve, both for now and for future generations.

The mission of givewell community foundation is to champion charitable giving to improve the quality of life in the areas we serve, both now and for future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$220,607,410$381,233,622▲ $160,626,212
Cash and Non-Interest-Bearing Accounts$26,965,477$31,851,656▲ $4,886,179
Accounts Receivable$4,739,373$5,413,405▲ $674,032
Land, Buildings, and Equipment, Net$732,073$717,618▼ $14,455
Prepaid Expenses and Deferred Charges$24,730$17,602▼ $7,128
Total Assets$253,097,691$419,262,531▲ $166,164,840
Other Assets Total$28,628$28,628→ $0
Liabilities
Other Liabilities$20,761,336$22,731,352▲ $1,970,016
Accounts Payable and Accrued Expenses$4,152$3,607▼ $545
Total Liabilities$20,765,488$22,734,959▲ $1,969,471
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$227,592,830$391,114,167▲ $163,521,337
Net Assets With Donor Restrictions$4,739,373$5,413,405▲ $674,032
Total Net Assets Fund Balance$232,332,203$396,527,572▲ $164,195,369
Total Liabilities and Net Assets / Fund Balance$253,097,691$419,262,531▲ $166,164,840

Asset Categories

AssetBook ValueDepreciationBasis
Land$442,195-$442,195
Buildings$269,300$142,374$411,674
Equipment$6,123$85,759$91,882
Other Land Buildings-$23,531$23,531

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$13,023,419$1,421,730▲ $1,637,802$-156,710$12,280,929
2020$3,383,560$8,131,579▲ $1,841,806$-83,075$13,023,419
2019$934,898$2,555,414▲ $135,867$-47,570$3,383,560
2018$902,537$107,503▲ $61,859$-14,907$934,898
2017$706,964$174,991▲ $59,888$-13,408$902,537
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John AttawayPresident/ceFT$212,500$212,500
John AttawayPresident/CEO-$212,500$212,500
Lori MartiniVice-presideFT$110,850$110,850

Board Members and Trustees

NameTitle
Jay GrayBoard Chair
Kimberly ElmhorstBoard Vice C
Ann BarnhartDirector
Barney BarnettDirector
Bill DormanDirector
Bo BoyteDirector
Bruce DavisDirector
Christina Criser JacksonDirector
George Tinsley SrDirector
Ginny HarrisDirector
Jack Harrell IiiDirector
Jason RoddaDirector
Jeff ChamberlinDirector
Jillian SpanglerDirector
Katherine Sultenfuss SchichtelDirector
Katrina LundsfordDirector
Linda RichDirector
Mark TurnerDirector
Sandy SheetsDirector
Tom OldtDirector
Roger IngleyAudit Commit
Jack HollisImmediate Pa
Doug McphersonInvestment C
Anne FurrSecretary
Wesley BarnettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$246,407,928
Program Service Revenue
$0
Investment Income
$8,531,481
Other Revenue
$-23,482,399
All Other Contributions
$246,407,928
Change in Net Assets
$196,716,736

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 Amount
Securities Publicly Traded97$209,137,440
Total Noncash Contributions97$209,137,440

Audited Revenue Reconciliation

Revenue per Audited Statements
$230,820,143
Revenue Not Reported on Financial Statements
$636,867
Revenue Not Reported on Form 990
$-32,521,367
Total Revenue per Audited Statements
$198,298,776
Total Revenue per Form 990
$231,457,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$32,945,274
Other Expenses$1,023,272
Salaries, Compensation, and Employee Benefits$771,728
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$32,945,274--$32,945,274
Fees for Service Investment Mgmnt Fees-$636,867-$636,867
Other Salaries and Wages$219,699$241,097-$460,796
Current Officers, Directors, Trustees, and Key Employees$159,375$53,125-$212,500
Office Expenses$5,892$46,605-$52,497
Information Technology$2,614$49,672-$52,286
Payroll Taxes$22,200$24,050-$46,250
Other Employee Benefits$16,582$24,814-$41,396
Occupancy-$25,280-$25,280
Fees for Services Legal-$21,190-$21,190
Advertising$8,337$10,854-$19,191
Fees for Services Accounting-$16,850-$16,850
Depreciation Depletion$1,631$14,678-$16,309
Insurance-$15,455-$15,455
Pension Plan Contributions$5,177$5,609-$10,786
Fees for Services Other-$6,357-$6,357
Other Expenses$880$3,444-$3,444
All Other Expenses-$1,461-$1,461
Travel-$1,451-$1,451
Total Functional Expenses$33,505,878$1,234,396$0$34,740,274

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$34,740,274
Expenses per Audited Statements$34,103,407
Total Expenses per Audited Statements$34,103,407
Expenses Not Reported on Financial Statements$636,867
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bonnet Springs Park FundLakeland, FL-General Contribution$12,484,810
All OtherLakeland, FL-General Contribution$6,695,138
Bonnet Springs ParkLakeland, FL-General Funds$2,804,535
Florida Southern CollegeLakeland, FL-General Operations$1,361,769
United Way of Central FloridaHighland City, FL-Various Programs$1,028,820
Barnett Bonnet Springs Designated ELakeland, FL-General Contribution$1,010,400
EXPLORATIONS V CHILDREN'S MUSEUMLakeland, FL-General Contribution$504,500
Idea FloridaTampa, FL-General Contribution$502,500
Restoration Southside ChurchGlenside, PA-General Contribution$500,000
Early Childhood Initiative IncMiami, FL-Various Programs$405,000
The Salvation ArmyLakeland, FL-General Operations$398,140
Academy Prep Center of LakelandLakeland, FL-General Contribution$357,916
Christian Counseling & Education FoLakeland, FL-General Contribution$335,000
Parker Street Ministries IncLakeland, FL-General Operations$325,775
Clemson University FoundationClemson, SC-General Contribution$310,000
Lighthouse Ministries IncLakeland, FL-General Operations$309,200
Catapult Lakeland IncLakeland, FL-General Operations$305,000
Carol Jenkins Barnett Community EndMemphis, TN-General Contribution$300,000
Trinity Presbyterian ChurchLakeland, FL-General Contribution$279,500
Ducks Unlimited IncMulberry, FL-General Contribution$261,000
Project HarmonyOmaha, NE-General Contribution$250,000
Boys & Girls Clubs of Polk CountyGainesville, FL-General Contribution$241,698
Young Life of Polk CountyLakeland, FL-General Contribution$204,500
University of Florida FoundationTampa, FL-General Contribution$200,200
Idea Florida Designated FundClermont, FL-General Contribution$200,000
Gospel IncLakeland, FL-Internship$197,600
Brookside ChurchLakeland, FL-General Contribution$180,000
Heritage Baptist ChurchLakeland, FL-General Contribution$171,600
First United Methodist ChurchLakeland, FL-Growth Support$162,553
Volunteers in Service to ElderlyLakeland, FL-General Support$140,395
Options for WomenLakeland, FL-General Contribution$138,025
West Central Fl Fellowship of Chris---$131,500
Desire Street MinistriesDecatur, GA-Strategic Partnershi$125,000
A WOMAN'S CHOICELakeland, FL-General Contribution$123,200
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$141,217
Fundraising Direct Expenses$114,853
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various$141,217$141,217$114,853$26,364
Total Events$141,217$141,217$114,853$26,364
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held as Agency Funds$20,456,727
Grants Payable$2,274,625
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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

The 990 is provided to board members either at a meeting or via email.

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

A conflict of interest policy is in place and enforced.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation for the ceo - self assessment and assessment from the board members. The board uses comparative salary reports for non-profits.

Form 990, Page 6, Part VI, Line 15B

The board uses comparative salary reports for non-profits.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Givewell Community Foundation Inc
EIN
59-3649871
Phone
8636833131
Address
1501 S FLORIDA AVENUE, LAKELAND, FL 33803

Signing Officer

Name
John Attaway
Title
President/CEO
Phone
8636833131
Signed
2022-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Attaway
Formed
2000
Legal Domicile
Fl
Voting Board Members
24
Independent Board Members
24
Employees
8

Preparer

Firm
Ramos & Floyd Cpas Pllc
Address
4215 OLD ROAD 37, LAKELAND, FL 33813
Preparer
Trisha M Floyd CPA
Phone
8637017885
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Board members and committees are all volunteer.

Form 990, Page 2, Part III, Line 4A

The community foundation embraces an umbrella concept. Its goal is to improve the quality of life in all areas of polk, hardee, and highlands counties. It does this by serving three constituencies: 1) donors: for people who love the community and have a desire to give something back to their community, the foundation provides qualified counsel, guidance and stewardship in helping them meet their charitable goals; 2) local non- profit charities: the foundation distributes monies in accordance with donor desires. In addition, it provides support for specific programs and offers assistance in managing individual endowment funds. 3) the community at large: the foundation and its board serve as a catalyst with polk, hardee,and highlands counties in addressing the needs of our community. Through grant making by donors, the foundation reaches out to a broad spectrum including the arts, youth, education, health, social services and more.

Form 990, Page 2, Part III, Line 4D

We help donors and charitable organizations build a better community.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD VICE C
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15AUDIT COMMIT
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18INVESTMENT C
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
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IRS990/FormationYr02000
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
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IRS990/FundraisingGrossIncomeAmt0141217
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IRS990/InformationTechnologyGrp/ProgramServicesAmt02614
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF GIVEWELL COMMUNITY FOUNDATION IS TO CHAMPION CHARITABLE GIVING TO IMPROVE THE QUALITY OF LIFE IN THE AREAS WE SERVE, BOTH FOR NOW AND FOR FUTURE GENERATIONS.
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0WE HELP DONORS AND CHARITABLE ORGANIZATIONS BUILD A BETTER COMMUNITY.
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IRS990/PYGrantsAndSimilarPaidAmt025952972
IRS990/PYInvestmentIncomeAmt010667588
IRS990/PYOtherExpensesAmt0820363

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$670$69.0$601$63.7$66.0$2.24
2024Detailed filing. Detailed filing data is available for this year.$621$59.5$561$190$74.7$115
2023Detailed filing. Detailed filing data is available for this year.$445$39.2$406$43.2$57.8$14.6
2022Detailed filing. Detailed filing data is available for this year.$419$22.7$397$231$34.7$197
2021Detailed filing. Detailed filing data is available for this year.$253$20.8$232$49.4$27.5$21.9
2020Detailed filing. Detailed filing data is available for this year.$200$18.2$181$28.6$21.7$6.87
2019Detailed filing. Detailed filing data is available for this year.$192$18.4$174$24.6$17.1$7.47
2018Detailed filing. Detailed filing data is available for this year.$178$17.5$161$27.3$22.4$4.93
2017Detailed filing. Detailed filing data is available for this year.$161$11.4$149$24.9$22.5$2.42
2016Detailed filing. Detailed filing data is available for this year.$146$9.84$136$25.0$17.4$7.67
2015Detailed filing. Detailed filing data is available for this year.$138$7.38$130$20.3$12.7$7.57
2014Summary only. Only limited summary data is available for this year.$130$6.12$123$23.8$10.6$13.3
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$106$5.39$101$24.2$12.2$12.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.9$4.53$85.4$9.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.6$4.85$82.7$10.4