Civic Intelligence

The Baker - Hunt Foundation

990 • Fiscal year 2018 • EIN 61-0445824

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

620 Greenup StreetCovington, KY 41011

(859) 431-0020

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

26th percentile

-4.3%

Faster asset growth than 26% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-8.0%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$1,898,635

Flat from 2018

Net Assets

Flat

$1,898,635

Flat from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Flat

$770,092

Flat from 2018

Expenses

Flat

$657,804

Flat from 2018

Net Income

Flat

$112,288

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $93,156Liabilities 2010: $0Net Assets 2010: $93,1562010Assets 2011: $264,050Liabilities 2011: $0Net Assets 2011: $264,0502011Assets 2012: $433,466Liabilities 2012: $0Net Assets 2012: $433,4662012Assets 2013: $801,831Liabilities 2013: $0Net Assets 2013: $801,8312013Assets 2014: $835,070Liabilities 2014: $0Net Assets 2014: $835,0702014Assets 2015: $1,598,568Liabilities 2015: $0Net Assets 2015: $1,598,5682015Assets 2016: $1,727,040Liabilities 2016: $0Net Assets 2016: $1,727,0402016Assets 2017: $1,984,904Liabilities 2017: $0Net Assets 2017: $1,984,9042017Assets 2018: $1,898,635Liabilities 2018: $0Net Assets 2018: $1,898,6352018Assets 2018: $1,898,635Liabilities 2018: $0Net Assets 2018: $1,898,6352018Assets 2019: $1,697,780Liabilities 2019: $0Net Assets 2019: $1,697,7802019Assets 2020: $495,798Liabilities 2020: $0Net Assets 2020: $495,7982020Assets 2021: $705,341Liabilities 2021: $0Net Assets 2021: $705,3412021Assets 2022: $705,747Liabilities 2022: $0Net Assets 2022: $705,7472022Assets 2023: $769,609Liabilities 2023: $0Net Assets 2023: $769,6092023Assets 2024: $793,628Liabilities 2024: $0Net Assets 2024: $793,6282024

Highlighted filing

2018

Assets$1,898,635
Liabilities$0
Net Assets$1,898,635

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $424,3342010Expenses 2011: $444,7902011Expenses 2012: $505,0222012Expenses 2013: $478,9172013Revenue 2014: $669,947Expenses 2014: $611,887Net Income 2014: $58,0602014Revenue 2015: $1,385,845Expenses 2015: $622,347Net Income 2015: $763,4982015Revenue 2016: $669,390Expenses 2016: $596,398Net Income 2016: $72,9922016Revenue 2017: $837,244Expenses 2017: $755,492Net Income 2017: $81,7522017Revenue 2018: $770,092Expenses 2018: $657,804Net Income 2018: $112,2882018Revenue 2018: $770,092Expenses 2018: $657,804Net Income 2018: $112,2882018Revenue 2019: $815,460Expenses 2019: $1,010,392Net Income 2019: -$194,9322019Revenue 2020: $762,603Expenses 2020: $1,964,585Net Income 2020: -$1,201,9822020Revenue 2021: $789,508Expenses 2021: $579,965Net Income 2021: $209,5432021Revenue 2022: $860,286Expenses 2022: $859,880Net Income 2022: $4062022Revenue 2023: $918,063Expenses 2023: $854,201Net Income 2023: $63,8622023Revenue 2024: $946,210Expenses 2024: $922,191Net Income 2024: $24,0192024

Highlighted filing

2018

Revenue$770,092
Expenses$657,804
Net Income$112,288
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$2,327,712
Mission and Program Overview

Mission

Art education & appreciation

FINE ARTS APPRECIATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$411,248$1,396,952▲ $985,704
Investments in Publicly Traded Securities$1,397,544$501,683▼ $895,861
Total Assets$1,984,904$1,898,635▼ $86,269
Other Assets Total$176,112--
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,808,792$1,898,635▲ $89,843
Permanently Rstr Net Assets$176,112--
Total Net Assets Fund Balance$1,984,904$1,898,635▼ $86,269
Total Liabilities and Net Assets / Fund Balance$1,984,904$1,898,635▼ $86,269
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul SartoriPresident
Dennis WilliamsTrustee / Di
Scott FarrellTrustee / Di
Sherry RothTrustee / Di
Richard DickmannTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$167,143
Program Service Revenue
$212,509
Investment Income
$372,977
Other Revenue
$17,463
All Other Contributions
$167,143
Change in Net Assets
$112,288

Audited Revenue Reconciliation

Revenue per Audited Statements
$770,092
Total Revenue per Audited Statements
$770,092
Total Revenue per Form 990
$770,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$447,703
Salaries, Compensation, and Employee Benefits$210,101
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$127,170--$127,170
Current Officers, Directors, Trustees, and Key Employees-$56,083-$56,083
Occupancy$32,054$3,941-$35,995
Advertising$35,100--$35,100
Insurance$15,435$6,153-$21,588
Fees for Services Other$3,657$16,688-$20,345
Other Expenses$18,802--$18,802
Office Expenses-$17,796-$17,796
All Other Expenses-$16,590-$16,590
Payroll Taxes$10,374$4,807-$15,181
Comp Disqual Persons-$11,667-$11,667
Fees for Services Accounting-$3,640-$3,640
Fees for Services Legal-$3,333-$3,333
Fees for Service Investment Mgmnt Fees-$3,181-$3,181
Travel-$145-$145
Total Functional Expenses$513,780$144,024$0$657,804

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$657,804
Total Expenses per Audited Statements$657,804
Total Expenses per Form 990$657,804
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,759
Fundraising Direct Expenses$29,034
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Twilight$29,351$29,351$6,609$22,742
Kates Living Ro$7,312$7,312$1,141$6,171
Total Events$43,759$43,759$29,034$14,725
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
Audit committee
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
No
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 governing body reviews the 990 as part of one of the board meetings.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
The Baker - Hunt Foundation
EIN
61-0445824
Phone
8594310020
Address
620 GREENUP STREET, COVINGTON, KY 41011

Signing Officer

Name
Karen Etling
Title
Executive Director
Phone
8594310020
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Sartori
Formed
1922
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
8
Volunteers
50

Preparer

Firm
Anneken Huey & Moser Pllc
Address
201 MARTHA LAYNE COLLINS BLVD, HIGHLAND HEIGHTS, KY 41076-1755
Preparer
Adam Bertke CPA
Phone
8594412020
Supplemental Narrative

Additional Explanations

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

Art education and appreciation

Form 990, Part XI, Line 9

Accrual to cash adjustment 6,380

Raw XML Appendix398 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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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt0600
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt07699
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0TWILIGHT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0KATES LIVING RO
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08407
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0236
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt08643
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt029351
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt07312
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt07096
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt043759
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt029351
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07312
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt07096
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt043759
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014725
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt0223
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0223
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01341
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09091
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06609
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01141
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0278
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0278
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ART EDUCATION AND APPRECIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY REVIEWS THE 990 AS PART OF ONE OF THE BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCRUAL TO CASH ADJUSTMENT 6,380
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01984904
IRS990/TotalAssetsEOYAmt01898635
IRS990/TotalAssetsGrp/BOYAmt01984904
IRS990/TotalAssetsGrp/EOYAmt01898635
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0167143
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0144024
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0513780
IRS990/TotalFunctionalExpensesGrp/TotalAmt0657804
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01984904
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01898635
IRS990/TotalProgramServiceExpensesAmt0513780
IRS990/TotalProgramServiceRevenueAmt0212509
IRS990/TotalRevenueGrp/ExclusionAmt0344182
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0258767
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0770092
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01984904
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01898635
IRS990/TravelGrp/ManagementAndGeneralAmt0145
IRS990/TravelGrp/TotalAmt0145
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01808792
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01898635
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0620 GREENUP ST
IRS990/USAddress/CityNm0COVINGTON
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041011
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.BAKERHUNT.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN ETLING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08594310020
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BAKER - HUNT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BAKE
ReturnHeader/Filer/EIN0610445824
ReturnHeader/Filer/PhoneNum08594310020
ReturnHeader/Filer/USAddress/AddressLine1Txt0620 GREENUP STREET
ReturnHeader/Filer/USAddress/CityNm0COVINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd041011
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E0AE05CD22523FFE2F4F78C4A34872DF269B7854
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E0AE05CD22523FFE2F4F78C4A34872DF269B7854
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.142.223.2
ReturnHeader/FilingSecurityInformation/IPDt02019-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:13:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113799330
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANNEKEN HUEY & MOSER PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 MARTHA LAYNE COLLINS BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HIGHLAND HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0410761755
ReturnHeader/PreparerPersonGrp/PhoneNum08594412020
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM BERTKE CPA
ReturnHeader/ReturnTs02019-11-13T12:13:27-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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.$0.79$0.00$0.79$0.95$0.92$0.02
2023Summary only. Only limited summary data is available for this year.$0.77$0.00$0.77$0.92$0.85$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$0.86$0.86$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.00$0.71$0.79$0.58$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$0.76$1.96$1.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.00$1.70$0.82$1.01$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.77$0.66$0.11
2018Summary only. Only limited summary data is available for this year.$1.90$0.00$1.90$0.77$0.66$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.00$1.98$0.84$0.76$0.08
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.00$1.73$0.67$0.60$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$1.39$0.62$0.76
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.67$0.61$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.80$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.00$0.43$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.42