Civic Intelligence

Knapp Foundation Inc.

990PF • Fiscal year 2018 • EIN 62-1794837

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

3173 Kirby Whitten Parkway Ste 105Bartlett, TN 38134

(901) 527-6666

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

2018 filings • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

18th percentile

0.00x

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

2018 filings • $5M-$10M nonprofits • Source year 2018

Net Margin

15th percentile

-19%

Higher net margin than 15% of similar nonprofits.

2018 filings • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$99,550

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

2018 filings • $5M-$10M nonprofits • Source year 2018

Asset Growth

12th percentile

-9.0%

Faster asset growth than 12% of similar nonprofits.

2018 filings • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$9,781,193

Down $971,434 (-9.0%) from 2017

Net Assets

Down

$9,781,193

Down $971,434 (-9.0%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$570,314

Up $60,729 (+12%) from 2017

Expenses

Up

$680,562

Up $56,490 (+9.1%) from 2017

Net Income

Up

-$110,248

Up $4,239 (+3.7%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $9,569,420Liabilities 2011: $2,1002011Assets 2012: $10,055,258Liabilities 2012: $2,4512012Assets 2013: $10,833,273Liabilities 2013: $2,3502013Assets 2014: $10,634,973Liabilities 2014: -$39Net Assets 2014: $10,635,0122014Assets 2015: $9,958,144Liabilities 2015: -$3,544Net Assets 2015: $9,961,6882015Assets 2016: $9,975,548Liabilities 2016: $0Net Assets 2016: $9,975,5482016Assets 2017: $10,752,627Liabilities 2017: $0Net Assets 2017: $10,752,6272017Assets 2018: $9,781,193Liabilities 2018: $0Net Assets 2018: $9,781,1932018Assets 2019: $8,926,721Liabilities 2019: $400Net Assets 2019: $8,926,3212019Assets 2020: $8,712,265Liabilities 2020: $43,537Net Assets 2020: $8,668,7282020Assets 2021: $9,004,578Liabilities 2021: $0Net Assets 2021: $9,004,5782021Assets 2022: $8,426,758Liabilities 2022: $966Net Assets 2022: $8,425,7922022Assets 2023: $8,099,529Liabilities 2023: $0Net Assets 2023: $8,099,5292023Assets 2024: $8,536,791Liabilities 2024: $0Net Assets 2024: $8,536,7912024

Highlighted filing

2018

Assets$9,781,193
Liabilities$0
Net Assets$9,781,193

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $649,506Expenses 2011: $568,897Net Income 2011: $80,6092011Revenue 2012: $869,311Expenses 2012: $572,685Net Income 2012: $296,6262012Revenue 2013: $773,242Expenses 2013: $582,427Net Income 2013: $190,8152013Revenue 2014: $931,410Expenses 2014: $666,881Net Income 2014: $264,5292014Revenue 2015: $345,719Expenses 2015: $574,350Net Income 2015: -$228,6312015Revenue 2016: $324,593Expenses 2016: $567,614Net Income 2016: -$243,0212016Revenue 2017: $509,585Expenses 2017: $624,072Net Income 2017: -$114,4872017Revenue 2018: $570,314Expenses 2018: $680,562Net Income 2018: -$110,2482018Revenue 2019: $454,797Expenses 2019: $746,727Net Income 2019: -$291,9302019Revenue 2020: $352,432Expenses 2020: $699,141Net Income 2020: -$346,7092020Revenue 2021: $1,056,734Expenses 2021: $720,884Net Income 2021: $335,8502021Revenue 2022: $245,457Expenses 2022: $824,243Net Income 2022: -$578,7862022Revenue 2023: $418,531Expenses 2023: $744,794Net Income 2023: -$326,2632023Revenue 2024: $1,141,358Expenses 2024: $704,096Net Income 2024: $437,2622024

Highlighted filing

2018

Revenue$570,314
Expenses$680,562
Net Income-$110,248
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LORI CONDO LOCKETreasurerFT$99,550-$99,550
MARCIA R BRASELChairmanPT$64,550-$64,550
Filing and Contact Details

Filer

Filer Name
The Knapp Foundation
EIN
62-1794837
Phone
9015276666
Address
3173 KIRBY WHITTEN PARKWAY STE 105, BARTLETT, TN 38134

Signing Officer

Name
Marcia R Brasel
Title
Chairman
Phone
9015276666
Signed
2019-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Scott & Pohlman Pc
Address
5100 POPLAR AVENUE SUITE 617, MEMPHIS, TN 38137-0601
Preparer
Steven D Hamilton
Phone
9017614692
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IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeNetInvstIncmAmt050216
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt056426
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt0124335
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt0124335
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt015485
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftNetInvstIncmAmt03871
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt019356
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt02424
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt09817
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt012221
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0478343
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt0193851
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0680562
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0564104
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0570314
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0203293
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt0193851
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0405512
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt02504
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingNetInvstIncmAmt0626
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt03130
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt088079
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt1124749
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt258727
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt357540
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt4322010
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt558484
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt6125389
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt7463714
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt0-13079
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt1-60392
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt2-1727
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt3-1440
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt4-7010
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt56516
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt614611
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt7106286
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt0-13079
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt1-60392
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt2-1727
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt3-1440
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt4-7010
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt56516
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt614611
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt7106286
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt075000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt164357
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt257000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt356100
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt4315000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt565000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt6140000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt7570000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd0P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd1P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd2P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd3P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd4P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd5P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd6P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd7P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0TORTOISE MLP & PIPELINE FUND
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc1UBS AG JERSEY
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc2DTC MULTI STRATEGY
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc3DTC MULTI STRATEGY
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc4DTC SHORT DURATION
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc5DTC US ACTIVE EQUITY
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc6DTC US ACTIVE EQUITY
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc7DTC US CORE EQUITY
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt0285228
IRS990PF/CapGainsLossTxInvstIncmDetail/NetShortTermCapitalGainLossAmt0-73471
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-110248
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt0875636
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt014450
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt010656829
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt010752627
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt09781193
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt0517717
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt0517717
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt0517717
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0525122
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt07405
IRS990PF/DistributableAmountGrp/TotalTaxAmt07405
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt03586
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt042
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt011033
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/Form2220AttachedInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt07405
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt03586
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt07405
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt07405
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt011033
IRS990PF/FMVAssetsEOYAmt09783069
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt028903
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt020430
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt020430
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipAccumDeprecAmt0126350
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipCostOrOtherBssAmt0228648
IRS990PF/Form990PFBalanceSheetsGrp/LandBOYAmt0105819
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYAmt0102298
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYFMVAmt0102298
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowSFAS117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt0460
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYAmt0460
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYFMVAmt0460
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsBOYAmt010617445
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt09658005
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYFMVAmt09659881
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt010752627
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt09781193
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt010752627
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt09781193
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt09783069
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt010752627
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt09781193
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt010752627
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt09781193
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt010662379
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0177388
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt010378578
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0159936
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt0106413
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0525122
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt010502443
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt010662379
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt034.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt064550
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt199550
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.54$0.00$8.54$1.14$0.70$0.44
2023Detailed filing. Detailed filing data is available for this year.$8.10$0.00$8.10$0.42$0.74$0.33
2022Detailed filing. Detailed filing data is available for this year.$8.43$0.00$8.43$0.25$0.82$0.58
2021Detailed filing. Detailed filing data is available for this year.$9.00$0.00$9.00$1.06$0.72$0.34
2020Detailed filing. Detailed filing data is available for this year.$8.71$0.04$8.67$0.35$0.70$0.35
2019Detailed filing. Detailed filing data is available for this year.$8.93$0.00$8.93$0.45$0.75$0.29
2018Detailed filing. Detailed filing data is available for this year.$9.78$0.00$9.78$0.57$0.68$0.11
2017Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$0.51$0.62$0.11
2016Detailed filing. Detailed filing data is available for this year.$9.98$0.00$9.98$0.32$0.57$0.24
2015Detailed filing. Detailed filing data is available for this year.$9.96$0.00$9.96$0.35$0.57$0.23
2014Detailed filing. Detailed filing data is available for this year.$10.6$0.00$10.6$0.93$0.67$0.26
2013Summary only. Only limited summary data is available for this year.$10.8$0.00$0.77$0.58$0.19
2012Summary only. Only limited summary data is available for this year.$10.1$0.00$0.87$0.57$0.30
2011Summary only. Only limited summary data is available for this year.$9.57$0.00$0.65$0.57$0.08