Civic Intelligence

The Drake Foundation

990PF • Fiscal year 2018 • EIN 62-1684643

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 25, 2019

482 Halle Park Drive Suite 101Collierville, TN 38017

(901) 221-5220

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

2018 filings • <$500k nonprofits • Source year 2018

Liabilities / Revenue

59th percentile

0.00x

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

2018 filings • <$500k nonprofits • Source year 2018

Net Margin

1st percentile

-3169%

Higher net margin than 1% of similar nonprofits.

2018 filings • <$500k nonprofits • Source year 2018

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2018 filings • <$500k nonprofits • Source year 2018

Asset Growth

13th percentile

-32%

Faster asset growth than 13% of similar nonprofits.

2018 filings • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

52nd percentile

2.1%

Faster revenue growth than 52% of similar nonprofits.

2018 filings • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$234,248

Down $112,451 (-32%) from 2017

Net Assets

Down

$234,248

Down $112,451 (-32%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$3,549

Up $74 (+2.1%) from 2017

Expenses

Up

$116,000

Up $42,400 (+58%) from 2017

Net Income

Down

-$112,451

Down $42,326 (-60%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $509,562Liabilities 2011: $02011Assets 2012: $501,648Liabilities 2012: $02012Assets 2013: $368,647Liabilities 2013: $02013Assets 2014: $557,408Liabilities 2014: $1Net Assets 2014: $557,4082014Assets 2015: $567,120Liabilities 2015: $0Net Assets 2015: $567,1202015Assets 2016: $416,824Liabilities 2016: $0Net Assets 2016: $407,1122016Assets 2017: $346,699Liabilities 2017: $0Net Assets 2017: $346,6992017Assets 2018: $234,248Liabilities 2018: $0Net Assets 2018: $234,2482018Assets 2019: $180,239Liabilities 2019: $1Net Assets 2019: $180,2392019Assets 2020: $98,121Liabilities 2020: $1Net Assets 2020: $98,1212020Assets 2021: $85,075Liabilities 2021: $1Net Assets 2021: $85,0752021Assets 2022: $75,243Liabilities 2022: $1Net Assets 2022: $75,2432022Assets 2023: $102,122Liabilities 2023: $0Net Assets 2023: $102,1222023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2018

Assets$234,248
Liabilities$0
Net Assets$234,248

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $329,791Expenses 2011: $76,000Net Income 2011: $253,7912011Revenue 2012: $328,692Expenses 2012: $336,606Net Income 2012: -$7,9142012Revenue 2013: $172,657Expenses 2013: $305,658Net Income 2013: -$133,0012013Revenue 2014: $239,261Expenses 2014: $251,000Net Income 2014: -$11,7392014Revenue 2015: $211,719Expenses 2015: $202,007Net Income 2015: $9,7122015Revenue 2016: $4,704Expenses 2016: $155,000Net Income 2016: -$150,2962016Revenue 2017: $3,475Expenses 2017: $73,600Net Income 2017: -$70,1252017Revenue 2018: $3,549Expenses 2018: $116,000Net Income 2018: -$112,4512018Revenue 2019: $73,562Expenses 2019: $127,571Net Income 2019: -$54,0092019Revenue 2020: $1,414Expenses 2020: $83,532Net Income 2020: -$82,1182020Revenue 2021: $100,474Expenses 2021: $113,520Net Income 2021: -$13,0462021Revenue 2022: $200,682Expenses 2022: $210,514Net Income 2022: -$9,8322022Revenue 2023: $201,888Expenses 2023: $175,009Net Income 2023: $26,8792023Revenue 2024: $76,002Expenses 2024: $178,124Net Income 2024: -$102,1222024

Highlighted filing

2018

Revenue$3,549
Expenses$116,000
Net Income-$112,451
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 25, 2019
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Darin DrakeSecretary/Bod-$0--
Filing and Contact Details

Filer

Filer Name
The Drake Foundation
EIN
62-1684643
Phone
9012215220
Address
482 Halle Park Drive Suite 101, Collierville, TN 38017

Signing Officer

Name
Darin Drake
Title
Secretary
Phone
9012211524
Signed
2019-07-25
Discuss with paid preparer
Yes

Preparer

Firm
DelBrocco & Associates PLLC
Address
4735 Spottswood Suite 201, Memphis, TN 38117
Preparer
Peter F Voehringer
Phone
9016819272
Raw XML Appendix269 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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IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Darin Drake
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum09012211524
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Drake Foundation
ReturnHeader/Filer/BusinessNameControlTxt0DRAK
ReturnHeader/Filer/EIN0621684643
ReturnHeader/Filer/PhoneNum09012215220
ReturnHeader/Filer/USAddress/AddressLine1Txt0482 Halle Park Drive Suite 101
ReturnHeader/Filer/USAddress/CityNm0Collierville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038017
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.37.73.30
ReturnHeader/FilingSecurityInformation/IPDt02019-07-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:15:06
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454110923
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DelBrocco & Associates PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04735 Spottswood Suite 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Memphis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038117
ReturnHeader/PreparerPersonGrp/PhoneNum09016819272
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Peter F Voehringer
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-08-06T09:03:54-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.76$1.78$1.02
2023Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$2.02$1.75$0.27
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$2.01$2.11$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$1.00$1.14$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.01$0.84$0.82
2019Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$0.74$1.28$0.54
2018Detailed filing. Detailed filing data is available for this year.$2.34$0.00$2.34$0.04$1.16$1.12
2017Detailed filing. Detailed filing data is available for this year.$3.47$0.00$3.47$0.03$0.74$0.70
2016Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.07$0.05$1.55$1.50
2015Detailed filing. Detailed filing data is available for this year.$5.67$0.00$5.67$2.12$2.02$0.10
2014Detailed filing. Detailed filing data is available for this year.$5.57$0.00$5.57$2.39$2.51$0.12
2013Summary only. Only limited summary data is available for this year.$3.69$0.00$1.73$3.06$1.33
2012Summary only. Only limited summary data is available for this year.$5.02$0.00$3.29$3.37$0.08
2011Summary only. Only limited summary data is available for this year.$5.10$0.00$3.30$0.76$2.54