Civic Intelligence

Commonwealth Foundation II

990PF • Fiscal year 2017 • EIN 62-1668517

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

PO Box 425Saratoga Springs, NY 12866-0425

(518) 640-5000

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

4th percentile

0.00x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

6th percentile

-45%

Higher net margin than 6% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

14th percentile

-5.1%

Faster asset growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2017

Revenue Growth

77th percentile

22%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2017

Assets

Down

$16,683,156

Down $2,846,197 (-15%) from 2014

Net Assets

Down

$16,683,156

Down $2,846,197 (-15%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$6,099,478

Up $2,719,516 (+80%) from 2014

Expenses

Up

$8,862,649

Up $6,452,917 (+268%) from 2014

Net Income

Down

-$2,763,171

Down $3,733,401 (-385%) from 2014

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $23,802,562Liabilities 2010: $0Net Assets 2010: $23,802,5622010Assets 2011: $20,394,479Liabilities 2011: $0Net Assets 2011: $20,394,4792011Assets 2012: $18,846,286Liabilities 2012: $0Net Assets 2012: $18,846,2862012Assets 2013: $18,559,123Liabilities 2013: $0Net Assets 2013: $18,559,1232013Assets 2014: $19,529,353Liabilities 2014: $0Net Assets 2014: $19,529,3532014Assets 2017: $16,683,156Liabilities 2017: $0Net Assets 2017: $16,683,1562017Assets 2019: $15,399,783Liabilities 2019: $1,200,000Net Assets 2019: $14,199,7832019Assets 2020: $15,095,045Liabilities 2020: $0Net Assets 2020: $15,095,0452020Assets 2021: $14,952,471Liabilities 2021: $1,395,000Net Assets 2021: $13,557,4712021Assets 2022: $32,901,829Liabilities 2022: $0Net Assets 2022: $32,901,8292022Assets 2023: $46,762,071Liabilities 2023: $0Net Assets 2023: $46,762,0712023Assets 2024: $53,156,603Liabilities 2024: $0Net Assets 2024: $53,156,6032024

Highlighted filing

2017

Assets$16,683,156
Liabilities$0
Net Assets$16,683,156

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2010: -$21,576Expenses 2010: $1,298,503Net Income 2010: -$1,320,0792010Expenses 2011: $3,735,7092011Expenses 2012: $2,019,1422012Revenue 2013: $1,226,363Expenses 2013: $1,513,526Net Income 2013: -$287,1632013Revenue 2014: $3,379,962Expenses 2014: $2,409,732Net Income 2014: $970,2302014Revenue 2017: $6,099,478Expenses 2017: $8,862,649Net Income 2017: -$2,763,1712017Revenue 2019: $2,466,181Expenses 2019: $3,493,400Net Income 2019: -$1,027,2192019Revenue 2020: $5,309,838Expenses 2020: $4,414,576Net Income 2020: $895,2622020Revenue 2021: $2,948,342Expenses 2021: $4,485,916Net Income 2021: -$1,537,5742021Revenue 2022: $8,513,900Expenses 2022: $2,997,255Net Income 2022: $5,516,6452022Revenue 2023: $4,499,415Expenses 2023: $3,394,942Net Income 2023: $1,104,4732023Revenue 2024: $1,668,355Expenses 2024: $5,830,654Net Income 2024: -$4,162,2992024

Highlighted filing

2017

Revenue$6,099,478
Expenses$8,862,649
Net Income-$2,763,171
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Mission and Program Overview

Mission

Support of other 501(c)(3) organizations

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert D HardieDirector-$0--
Molly G HardieDirector-$0--
Filing and Contact Details

Filer

Filer Name
H7 Foundation
EIN
62-1668517
In Care Of
% JOHN FLAVIN THE AYCO CO
Phone
5186405000
Address
PO Box 425, Saratoga Springs, NY 12866-0425

Signing Officer

Name
Robert Hardie
Title
Director
Signed
2018-11-14
Discuss with paid preparer
Yes

Preparer

Firm
The Ayco Company LP
Address
PO Box 860, Saratoga Springs, NY 12866-0860
Preparer
John Sobieski III
Phone
5188864000
Raw XML Appendix391 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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DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc0LAND
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/AnyDiversionByGranteeTxt0NO
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/BusinessName/BusinessNameLine1Txt0Commonwealth Foundations
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ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/ResultsOfVerificationTxt0THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT RECEIVED FROM THE GRANTEE. THE 2017 ANNUAL REPORT (FINANCIAL AND NARRATIVE) WAS PROVIDED BY COMMONWEALTH FOUNDATIONS TO H7 FOUNDATION.
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ExplnOfNonFilingWithAGStmt/ExplanationTxt0VA Code 57-49 requires nonprofit registration/annual filing with the attorney general olny if the nonprofit will solicit contributions in Virginia. H7 Foundation does not solicit contributions by any means in any state, and is not required to file its Form 990-PF with the VA attorney General's office.
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Molly G Hardie
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0Not Applicable
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0false
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0321 BROADWAY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0Saratoga Springs
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd0128660860
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0VA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0true
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0JOHN FLAVIN THE AYCO CO
IRS990PF/StatementsRegardingActyGrp/PhoneNum05188664000
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. IT'S PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER 501(C)(3) EXEMPT ORGANIZATIONS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt00
IRS990PF/SumOfProgramRelatedInvstGrp/AllOtherProgramRltdInvstTotAmt00
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/Expenses1Amt00
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0ROBERT D MOLLY G HARDIE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt02209750
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt16232674
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0General Charitable Purposes
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1GENERAL CHARITABLE PURPOSES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0See Attached List
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1The Commonwealth Foundations
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1PF
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0None
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1Brother/Sister Affiliate
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt01232 Stoney Ridge Road
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1800 E Canal St Ste 1900
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0Charlottesville
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1Richmond
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0VA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1VA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd022902
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd123219
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm0NA
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt08442424
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt03479993
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt0666823
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt03479993
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt04330314
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt04330314
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02015
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02014
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02013
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt08477130
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt04330314
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt04330314
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt0666823
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0LEGAL FEES
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt018383
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt00
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0DISTRIBUTIONS RECEIVABLE
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt076187
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt076187
OtherDecreasesSchedule/OtherDecreasesDetail/Amt033
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0PRIOR PERIOD ADJUSTMENT - NO TAX EFFECT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0INV. INT. EXP. - K-1S
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1PORTFOLIO DEDUCTIONS - K-1S
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2OTHER DEDUCTIONS - K-1S
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3OFFICE SUPPLIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0324
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0116946
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt154040
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt2130661
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0116946
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt154040
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2130661
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3324
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Ordiniary Income/Loss - K-1s
OtherIncomeSchedule2/OtherIncomeDetail/Desc1Other Income - K-1s
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0-4462
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt12512921
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0-4462
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt12512921
TaxesSchedule/TaxesDetail/Amt02575
TaxesSchedule/TaxesDetail/Amt12670
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAXES PAID
TaxesSchedule/TaxesDetail/CategoryTxt1PAYROLL TAXES
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt02670
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt02575
TransfersFrmControlledEntities/TotalAmt02811257
TransfersFrmControlledEntities/TransfersFromControlledEntGrp/Amt02811257
TransfersFrmControlledEntities/TransfersFromControlledEntGrp/BusinessName/BusinessNameLine1Txt0Commonwealth Foundations GP
TransfersFrmControlledEntities/TransfersFromControlledEntGrp/Desc0Cash Distribution
TransfersFrmControlledEntities/TransfersFromControlledEntGrp/EIN0541856257
TransfersFrmControlledEntities/TransfersFromControlledEntGrp/USAddress/AddressLine1Txt0800 E Canal St STE 1900
TransfersFrmControlledEntities/TransfersFromControlledEntGrp/USAddress/CityNm0Richmond
TransfersFrmControlledEntities/TransfersFromControlledEntGrp/USAddress/StateAbbreviationCd0VA
TransfersFrmControlledEntities/TransfersFromControlledEntGrp/USAddress/ZIPCd023219
TransfersToControlledEntities/TotalAmt04395368
TransfersToControlledEntities/TransfersToControlledEntGrp/Amt04395368
TransfersToControlledEntities/TransfersToControlledEntGrp/BusinessName/BusinessNameLine1Txt0Commonwealth Foundations GP
TransfersToControlledEntities/TransfersToControlledEntGrp/Desc0Capital Contributions
TransfersToControlledEntities/TransfersToControlledEntGrp/EIN0541856257
TransfersToControlledEntities/TransfersToControlledEntGrp/USAddress/AddressLine1Txt0800 E Canal St Ste 1900
TransfersToControlledEntities/TransfersToControlledEntGrp/USAddress/CityNm0richmond
TransfersToControlledEntities/TransfersToControlledEntGrp/USAddress/StateAbbreviationCd0VA
TransfersToControlledEntities/TransfersToControlledEntGrp/USAddress/ZIPCd023219
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT HARDIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0H7 Foundation
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FKA Commonwealth Foundation II
ReturnHeader/Filer/BusinessNameControlTxt0H7FO
ReturnHeader/Filer/EIN0621668517
ReturnHeader/Filer/InCareOfNm0% JOHN FLAVIN THE AYCO CO
ReturnHeader/Filer/PhoneNum05186405000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 425
ReturnHeader/Filer/USAddress/CityNm0Saratoga Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0128660425
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId023C835F1927CFA9C366C5BE4947CE356FCBBEC4D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId023C835F1927CFA9C366C5BE4947CE356FCBBEC4D
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId014257320183185000003
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-11-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0204.4.182.16
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Ayco Company LP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 860
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Saratoga Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0128660860
ReturnHeader/PreparerPersonGrp/PhoneNum05188864000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John Sobieski III
ReturnHeader/ReturnTs02018-11-14T10:33:49-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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